Follow @PoliticsIE
 
 
 
Page 1 of 5 12345 LastLast
Results 1 to 10 of 50

Thread: Bank of Ireland 2012 Results : €2.1 billion loss

  1. #1
    Politics.ie Member gerhard dengler's Avatar
    Join Date
    Feb 2011
    Location
    Utopia
    Posts
    47,435
    Mentioned
    2 Post(s)

    Default Bank of Ireland 2012 Results : €2.1 billion loss

    Bank of Ireland reports loss of

    The best banking pupil in the Irish banking class lost €2.1 billion in 2012 according to their annual report.
    I can't locate their annual report on line but the above link tells it's own story.

    In 2011 and 2010, BOI made a profit of €40 million and a loss of €609 million respectively.
    http://www.bankofireland.com/fs/doc/...t-2011-web.pdf (page 174).
    Politics.ie moderators should moderate instead.
    Welcome to Political Irish | Political Irish

  2. #2
    Politics.ie Member
    Join Date
    Sep 2010
    Posts
    11,231
    Mentioned
    0 Post(s)

    Default

    'I don't know what a tracker mortgage is'


  3. #3
    Politics.ie Member RahenyFG's Avatar
    Join Date
    Jun 2010
    Location
    Wernham and Hogg Ltd, Slough
    Posts
    9,201
    Mentioned
    0 Post(s)

    Default

    Should those with a current account with BOI be worried?
    I have closed down this account, I am now The Rahenyite.

  4. #4
    Politics.ie Member Niall996's Avatar
    Join Date
    Dec 2011
    Location
    London
    Posts
    10,781
    Mentioned
    0 Post(s)

    Default

    Even if the state could keep that 2billion instead of giving it to BOI who will in turn give it to the German Banks who made a collosal fuchup themselves, we'd waste at least half of it on rubbish stuff.
    Bringing reconciliation, mutual respect and cross community understanding to Northern Ireland through facts

  5. #5
    Politics.ie Member greengoose2's Avatar
    Join Date
    May 2009
    Location
    Planet Enda, Tνr na nΣg
    Posts
    25,433
    Mentioned
    0 Post(s)

    Default

    Thank God it's only €2.1 billion. Just think, if we weren't paying those colossal salaries to the head honchos...

    I'll get my coat

  6. #6
    Politics.ie Member Sync's Avatar
    Join Date
    Aug 2009
    Posts
    27,582
    Mentioned
    2 Post(s)

    Default

    Bank of Ireland has reported an underlying loss before tax of €1.5 billion for 2012, a decrease of 2 per cent on 2011.

    BoI losses fall to €1.5 billion - The Irish Times - Mon, Mar 04, 2013

    Somebody's got it wrong....


    BTW:
    The decline in margin reflected the relatively high cost of customer deposits, and the “continuing negative impact of historically low official interest rates on earnings from certain of the group’s assets”, chief executive Richie Boucher said, adding, “re-building the net interest margin is one of the group’s key priorities”.
    Who speaks like this? Is this how CEOs speak? No. If you've a problem with tracker mortgages, just bloody say it. Also:

    “re-building the net interest margin is one of the group’s key priorities”.
    That's as clear a message as you'll ever get that the next time an opportunity comes, they're upping your mortgage rate.

    Interesting note on the plight of mortgage holders:
    The proportion of buy to let mortgages in arrears increased to 23.36 per cent as of end December, compared to 20.77 per cent on June 30th 2012 and 16.81 per cent on December 31st 2011
    That's a 35% increase in the number of buy to let mortgages in trouble in 14 months.
    Last edited by Sync; 4th March 2013 at 01:46 PM.
    I'm living in America, and in America, you're on your own. America's not a country. It's just a business. Now f***ing pay me.

  7. #7
    Politics.ie Member Howya's Avatar
    Join Date
    Feb 2012
    Location
    Lass' sie nach Irland kommen
    Posts
    1,686
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by gerhard dengler View Post
    Bank of Ireland reports loss of

    The best banking pupil in the Irish banking class lost €2.1 billion in 2012 according to their annual report.
    I can't locate their annual report on line but the above link tells it's own story.

    In 2011 and 2010, BOI made a profit of €40 million and a loss of €609 million respectively.
    http://www.bankofireland.com/fs/doc/...t-2011-web.pdf (page 174).

    Link to report
    http://www.rns-pdf.londonstockexchan..._-2013-3-4.pdf
    “Still paying, still to owe. Eternal woe! ” ― Paradise Lost, John Milton

  8. #8
    Politics.ie Member Howya's Avatar
    Join Date
    Feb 2012
    Location
    Lass' sie nach Irland kommen
    Posts
    1,686
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Sync View Post
    Bank of Ireland has reported an underlying loss before tax of €1.5 billion for 2012, a decrease of 2 per cent on 2011.

    BoI losses fall to €1.5 billion - The Irish Times - Mon, Mar 04, 2013

    Somebody's got it wrong....


    BTW:


    Who speaks like this? Is this how CEOs speak? No. If you've a problem with tracker mortgages, just bloody say it. Also:



    That's as clear a message as you'll ever get that the next time an opportunity comes, they're upping your mortgage rate.
    the preliminary statement shows 2.166bn loss
    “Still paying, still to owe. Eternal woe! ” ― Paradise Lost, John Milton

  9. #9

    Default

    Quote Originally Posted by RahenyFG View Post
    Should those with a current account with BOI be worried?
    Definitely. Empty your account IMMEDIATELY. Spread the word and then ring Joe Duffy.
    I have no money, but I love my life.

  10. #10
    Politics.ie Member gerhard dengler's Avatar
    Join Date
    Feb 2011
    Location
    Utopia
    Posts
    47,435
    Mentioned
    2 Post(s)

    Default

    Quote Originally Posted by Howya View Post
    Thanks!
    Politics.ie moderators should moderate instead.
    Welcome to Political Irish | Political Irish

Page 1 of 5 12345 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •