Up to 90% of Bank of Ireland’s 20,000 mortgage customers whose loans are currently in restructuring mode, are meeting their commitments, the company revealed yesterday.

Bank of Ireland saw more than a €700m positive swing in fortunes in the first half of the year, generating an underlying pre-tax profit of €327m.

Bank of Ireland made an operating profit of €380m for the first half of this year, which is a considerable increase on the €37m for the same period last year.

“A lack of professionalism in senior circles,” is how Bank of Ireland CEO Richie Boucher described the contents of the Anglo tapes.