BofI on track to meet deleveraging targets after €5bn loan portfolio divestment

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BofI on track to meet deleveraging targets after €5bn loan portfolio divestment

Bank of Ireland has divested €5bn of non-core loans at a discount of around 9% without any adverse effect on its core tier one capital ratio. The sale of the assets puts the bank on track to meet the conditions of Ireland’s sovereign bail-out.

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