Bank of Ireland to scale back on mortgage and loan offerings in the UK

Bank of Ireland’s 50/50 joint venture with the UK Post Office, First Rate Exchange Services, is unaffected

Bank of Ireland also announced that it will no longer provide unsecured personal loans and savings products under The AA branding. File picture: Denis Minihane

Bank of Ireland has announced it is scaling back its operations in the UK by ending its partnership with the AA and no longer offering Post Office-branded mortgages or personal loans.

These moves marked a further shift away from the UK for the bank which it had seen as a key market for growth.