Banks

Monthly update: talking heads

  • Sectors : Banks
  • Companies : AIB Group | permanent tsb Group | Bank of Ireland

Ratings

Ratings and price correct at time of issue

Company Rating Date Previous Rating Date Closing Price
AIB Group OUTPERFORM 23/01/19 Neutral 14/08/18 392c
Bank of Ireland OUTPERFORM 11/03/13 Neutral 14/08/12 546c
permanent tsb Group OUTPERFORM 01/08/18 Neutral 03/08/17 160c

DAVY VIEW

Political distractions have returned, with attempts to ban banks’ ability to transfer loans without prior consent of the borrower now going through the Dail (Irish Parliament). This is not the first proposal to inflict controls on the Irish banks and, like others, it is unlikely to become law; nevertheless, it does damage sentiment towards the banking sector.

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Feb 22 2019, 06:30 GMT

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