bank of ireland

Bank of Ireland has reported a strong first quarter and reaffirmed its guidance for the full year. In a trading update for the first quarter of this year, Bank of Irelad said its net loans rose by about 5% on an annual basis to €83.6 billion. Its deposits in the first quarter were flat at €107.2 billion, which it said reflected seasonal effects. Its Net Interest Income was also flat year on year in the first three months of the year - in line with expectations. Myles O'Grady, Bank of Ireland Group CEO, said the bank's strong first quarter was underpinned by its successful strategy, the breadth