Banks

Proactive and supportive approach from Bank of England continues

  • Sectors : Banks
  • Companies : Bank of Ireland | Lloyds Banking Group | RBS | Virgin Money UK | AIB Group | permanent tsb Group

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 76.8c
Bank of Ireland OUTPERFORM 11/03/13 Neutral 14/08/12 174c
Lloyds Banking Group OUTPERFORM 28/05/19 Neutral 14/02/18 32.4p
permanent tsb Group NEUTRAL 06/03/19 Outperform 01/08/18 45.0c
RBS NEUTRAL 11/02/19 N/A N/A 122p
Virgin Money UK NEUTRAL 17/12/19 Underperform 15/11/19 58.0p

DAVY VIEW

The initiatives taken in the last few days by the Bank of England (BoE) again demonstrate its proactive approach to supporting UK regulated institutions in navigating the current crisis. We keenly await similar guidance from authorities responsible for regulating the Irish banking system.

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Mar 20 2020, 09:25 GMT

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