Merrion still rates Bank of Ireland a buy despite funding requirements

BANK of Ireland is still rated a buying opportunity since its recent loss in share value, according to Merrion Stockbrokers.

The report does not see AIB shares as a buying opportunity because of its need of further substantial capital and is deemed to be too high an investment risk.

The report confirms its an earlier June analysis from the brokers on the two banks that back then also favoured BoI over AIB.