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Bank of Ireland says interest margin target 'challenging'
August 10, 2012 / 6:14 AM / 5 years ago

Bank of Ireland says interest margin target 'challenging'

DUBLIN, Aug 10 (Reuters) - Bank of Ireland Chief executive Richie Boucher:

* Says too early to call if mortgage arrears will peak this year

* Says target of 2 pct net interest margin in 2014 ‘looks very challenging’

* Expects net interest margin to start to strengthen after H1 fall

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