Ireland’s banks are facing an unusual problem: hardly anyone seems to want a mortgage from them.
Categories: Yahoo Finance Click here to see latest analysis Iren SpA reports financial results for the quarter ended March 31, 2016. We analyze the earnings along side the following peers of Iren SpA – Hera S.p.A., A2A S.p.A. and Acea S.p.A. (HER-IT, A2A-IT and ACE-IT) that have also reported for this period. Highlights Summary numbers: Revenues of EUR ... Read more (Read more...)
Surprisingly poor EU stress test results have been a reminder that Irish banks need a few more years of strong economic growth to complete their post-crisis rehabilitation, a prospect Brexit may complicate. The country's two main lenders, Allied Irish Banks and Bank of Ireland, fared second and fourth worst respectively among 51 banks scrutinised over their ability to withstand a three-year theoretical economic shock.