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Apr 10 2025, 07:05 IST/BST
Banks
Update on Irish retail interest rates and deposit volumes
- Sectors : Banks
- Companies : permanent tsb Group | AIB 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 | 516c |
| Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 926c |
| permanent tsb Group | OUTPERFORM | 04/02/21 | Neutral | 06/03/19 | 140c |
DAVY VIEW
Irish retail lending and deposit rates continue to decline in line with the ECB deposit rate. As deposit rates fall, the pace of inflows into term accounts continues to slow. These trends are expected to continue throughout 2025 as the ECB cuts rates further.
