IMS's from BoI tend to be short on detail. By far the biggest thing will be effect of the decline in Stg. It will take in the region on €3 billion of the deposit and loan book since H116 results. that could be €6 billion plus on an annual bases. Loans and savings numbers are likely to be lower in the UK anyway even without the exchange difference and guidance can't be great either.
On the bright side I would expect good progress in ireland. NPLs should reduce again probably by less than a billion. Lending numbers if they give them should show good growth. NIM not much different but a small bit better. The pension deficit, despite talk of it in surplus on here will be a billion or so. CET 1 could be a little better with good management. Potential write backs are going to be a good news story at some stage but not before FY16 next March and even then with A50 about to be invoked the bank might do well to keep its power dry.
I doubt there will be any surprises either way with the currency changes been the main talking point IMO.
I think it was a massive mistake but u just cant ignore the will of the people . Sorry guys this isnt russia ! I would be more concerned if the will of the people was ignored and all i can say is stop whinging like i was ! And make a sucess out of a hopefully soft brexit
The ill informed bitter lemmings that voted 'out' represent slightly over a third of the electorate, and by trowing the lives of the other two thirds into turmoil is hardly democracy! No reason for not having a re match, like they do in test cricket!
May be slightly crackers ! But the sooner everyone accepts brexit the better .. as my father always said move on after a bad hole in golf ,no point on whinging. Losers only whinge ,sorry for been so blunt and who:es to know more control on immigration could be a good thing for future generations
You are crackers! 'Disgraceful' is irrelevant to commencement of negociations. You have about as much commercial acumen as a bucket of water. What is 'disgraceful' is the anti migrant sentiment n the UK, the 40% increase in racist attacks including at least one racist murder since the referendum result! What don't we include the lies told by the leave camp to the british people! Where is the 350 million per week for the NHS???? Just because we make a decision in life, if hindsight proves the decision is bad, common sense dictates you reverse the decision. Any reference to democracy is spurious if you are putting yourself in self destruct mode, based on a bad decision. Please go and read some newspapers and broaden your understanding before you share your cockeyed theories...
I was a remainer but ive accepted brexit as a democrat..eu should accept it too.For example .like a round of golf ., lets say u get a triple bogey ! Take your medicine and try birdie next hole . Eu is behaving undemocratic and should accept result and try break 80 gross! .. also i see sp in .30s in late 2018 but not now .
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