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Jan 10 2025, 07:00 GMT
Banks
November mortgage approvals
- 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 | 551c |
| Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 862c |
| permanent tsb Group | OUTPERFORM | 04/02/21 | Neutral | 06/03/19 | 141c |
DAVY VIEW
November mortgage approvals demonstrate continued robust activity levels, with increases across the majority of categories. The expected rise in new housing completions by year-end and the effects of declining interest rates are likely to be significant drivers. Housing will be a key policy area for the next government, which will likely support the expansion of the mortgage market in the coming years.
