Outgoing Bank of Ireland CEO Says Firm’s Outlook ‘Very Positive’

Ireland is a “unique and very attractive market,” which has “great prospects,” Bank of Ireland Group Plc’s outgoing CEO said after the lender reported its final set of results under her leadership.

“That increase in interest rates and the growth that we’re seeing in current accounts and the deposits they bring is very positive in terms of our outlook going forward,” Chief Executive Officer Francesca McDonagh said in an interview with Bloomberg Television. “In the first six months of this year, our current accounts are up 110%.”