Investec Ireland reports 9% profit growth

Investec Ireland, part of the international specialist banking group Investec plc has today announced profits before tax for the year to March 31, 2009, of €36m.

Last year the figure stood at €33m and represents an increase of 9% year on year.

Michael Cullen, CEO of Investec Ireland, said: "We are in the midst of a very challenging economic cycle, against this backdrop the Investec Ireland results for the year represent a solid performance."