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Aug 10 2026, 08:43 IST/BST
Banks
Bankinter’s patient plan for Ireland
- 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 | 1087c |
| Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 1899c |
DAVY VIEW
Bankinter has gained a good foothold in Ireland and is now developing a suite of deposit products to complement, and in time fund, its lending products. It is outlining a patient approach, illustrated by its target to match fund its lending in Ireland over eight years. While competition has entered the market, pricing has remained rational amongst entrants, and is also against the context of the longer-term trends of consolidation, which occurred following Ulster Bank and KBC Bank Ireland’s exit.
