Bank of Ireland has €1.1bn of mortgages in Republic on Covid-19 payment breaks        

The bank maintained its share of around 25% of new mortgage lending in the Republic in the first nine months of the year. File picture: Julien Behal

About 6,400 mortgage accounts worth €1.1bn that the Bank of Ireland has in the Republic are on payment breaks but its overall amount of sourced loans appears not to have increased significantly at this stage of the Covid-19 crisis, up-to-date figures from the lender suggest.

The new figures released in a trading update are a snapshot of the number of payment breaks the bank has agreed with customers as of October 16.