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Jun 10 2020, 08:20 IST/BST
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 | 114c |
Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 187c |
permanent tsb Group | NEUTRAL | 06/03/19 | Outperform | 01/08/18 | 50.0c |
The Central Bank of Ireland (CBI) expects “significantly more” provisions in Q2 and perhaps beyond. This is not altogether inconsistent with our view, where adopting revised Forward Looking Indicators will result in large charges across the system. Meanwhile, the European Banking Authority (EBA) is proposing the most conservative option for changes in the capital treatment of intangible assets, but it should, nonetheless, provide some relief from a capital perspective, which will be welcomed.
Jun 10 2020, 08:20 IST/BST