KBRA Comments on 2017 Results of the Irish Banks

NEW YORK & DUBLIN–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) comments on 2017 earnings results of Irish banks. The banks delivered a sound performance in 2017, with core earnings stability, improving asset quality, strengthening capitalisation and increasing core deposit funding. The bottom line profitability was affected by legacy issues, such as customer redress for tracker mortgages and IT investments. Comprehensive credit assessment of the Irish banks can be found under recently rele