ACC posts strong results

ACCBank posted strong results for 2004 yesterday which were driven by solid demand by customers across a wide area of activities.

As a result, operating profits rose to €62 million from €43m in 2003. Colm Darling, chief executive, was unavailable for comment because of annual leave.

The figures show total operating income grew by 23% to €155.7m while fee income increased from €24.1m to €29.1m - an increase of 21%.