NIB reports €400m pre-tax loss

National Irish Bank today reported pre-tax losses of €400m for the first six months of the year.

NIB reports €400m pre-tax loss

National Irish Bank today reported pre-tax losses of €400m for the first six months of the year after setting aside €420m for loan impairment charges.

The company said income fell 19% to €68m in the six months to end June, due to reduced customer demand and the impact of impaired loans.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

CONNECT WITH US TODAY

Be the first to know the latest news and updates

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited