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Feb 19 2026, 08:28 GMT
Banks
Bank of Ireland pay agreement; Central Bank of Ireland mandate
- Sectors : Banks
- Companies : 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 | 889c |
| Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 1628c |
DAVY VIEW
Bank of Ireland’s (BIRG) pay agreement is broadly in-line with that of AIB Group (AIBG), with a mix of baseline and performance-related increases. It continues to illustrate the inflationary pressures and ongoing initiatives to manage costs. Elsewhere, it is unsurprising that the Central Bank of Ireland (CBI) wishes to retain its existing mandate and not include competition on a secondary basis.
