Bank of Ireland reports £469m loss

Press Association
File photo dated 31/03/10 of the Bank of Ireland HQ as the bank has reported an underlying pre-tax loss of 569 million euro (?469 million) for last year, down from almost 1.5 billion euro (?1.2 billion) in the previous year. PRESS ASSOCIATION Photo. Issue date: Monday March 3, 2014. See PA story CITY BankofIreland. Photo credit should read: Julien Behal/PA Wire
File photo dated 31/03/10 of the Bank of Ireland HQ as the bank has reported an underlying pre-tax loss of 569 million euro (?469 million) for last year, down from almost 1.5 billion euro (?1.2 billion) in the previous year. PRESS ASSOCIATION Photo. Issue date: Monday March 3, 2014. See PA story CITY BankofIreland. Photo credit should read: Julien Behal/PA Wire

%VIRTUAL-SkimlinksPromo%Bank of Ireland has reported an underlying pre-tax loss of 569 million euro (£469 million) for last year, down from almost 1.5 billion euro (£1.2 billion) in the previous year.

The bank said it recorded an operating profit for the year of more than 1 billion euro (£824 million) before impairment charges on loans of 1.6 billion euro (£1.3 billion) were taken into account.