New mortgage entrant

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


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 415c
Bank of Ireland OUTPERFORM 11/03/13 Neutral 14/08/12 851c
permanent tsb Group OUTPERFORM 04/02/21 Neutral 06/03/19 177c


The entry of MoCo to the Irish mortgage market is likely to add modest levels of further competition, particularly given its pricing strategy. The mortgage market has gone through material change in recent times – firstly via exits and subsequently retrenchments from the market. MoCo, similar to Avant Money, has the benefit of a bank owner but is likely to be quite disciplined as it enters a new market.

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Nov 17 2023, 08:15 GMT