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Jan 14 2025, 07:58 GMT
Banks
Avant full bank plans proceeding
- 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 | 554c |
| Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 899c |
| permanent tsb Group | OUTPERFORM | 04/02/21 | Neutral | 06/03/19 | 137c |
DAVY VIEW
Bankinter continues to proceed with its plans to transform Avant Money into a branch. The rebranding to Bankinter is new but not surprising. We understand a digital platform is currently being built with a deposit offering scheduled to be the first launched. Avant is already competitive in the mortgage and personal lending markets and will add some competition in deposits.
