BoI mortgage lending tops €1bn

Bank of Ireland has said the value of its mortgage lending topped the €1bn mark in 2012 and that it is seeing ongoing demand for such products as the new year progresses.

The figure, published by the bank yesterday, is roughly in line with the near €1.4bn value of homeloans it provided during 2011.

While Bank of Ireland doesn’t differentiate between new mortgage lending, top-ups and re-mortgages in its figures, its statement said the overall value represented new mortgage funds drawn down by its customers over the course of last year.