Bank of Ireland's first-quarter income performance was stronger than expected

Customer loan volumes were €78.5bn at the end of March 2021

Ireland's largest bank by assets reported stable net interest income during lockdowns, a better outcome than expected, while its capital levels rose and its costs fell by 7%.

Bank of Ireland reported stronger-than-expected income for the first quarter noting it had seen limited adverse impact on customer loans from the longer lockdowns.

Ireland's largest bank by assets reported stable net interest income during lockdowns, a better outcome than expected, while its capital levels rose and its costs fell by 7%.