Investec Note17 Jul 2019 18:06
Investec issued a note on BIRG this morning, I don't have access to it however the following was in the Daily Morning Commentary
We expect further progress on the rollout of the multi-year transformation programme, but a moderation in Irish residential mortgage activity (drawdowns and house prices both softer than expected) and continuing Brexit concerns are likely to have limited volume growth. Amid the backdrop of weak domestic credit growth and external economic risks, we continue to point to BIRG’s self-help initiatives on costs and technology as a value differentiator versus peers.