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Mar 28 2025, 08:20 GMT
Banks
Mortgage approvals up on average value increases
- 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 | 608c |
| Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 1127c |
| permanent tsb Group | OUTPERFORM | 04/02/21 | Neutral | 06/03/19 | 168c |
DAVY VIEW
While the value of mortgage approvals continued to rise in February, this is almost all related to increases in average approvals with the number of approvals tracking downwards. This is symptomatic of a market that is constrained by liquidity in both existing and new home markets, with ongoing low levels of available property for sale.
