Bank of Ireland has reported pre-tax profits of €650m for the six months to the end of September this year, a drop of almost a third from a year earlier.
In its statement published this morning, the bank also said it would not pay a dividend to shareholders.
Chief executive Brian Goggin told RTÉ radio that the bank was a 'strong, sound and successful' business and did not see the need to raise additional capital at the moment.
He said only €13bn, or less than 10% of its total loan ... read more »
