BoI sees profits jump 6% to €713m

BANK OF IRELAND reported another strong performance with few surprises yesterday, as first-half profits edged up 6% to €713 million.

The bank had buoyant economic conditions in its two main markets, Ireland and Britain, to thank for the results, which delivered impressive growth across its main business units and matched market expectations.

Chief executive Brian Goggin said the bank had a “clear and compelling” strategy for the future.