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Bank of Ireland Evaluates Impact of FCA’s Motor Finance Compensation Proposal

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Bank of Ireland Evaluates Impact of FCA’s Motor Finance Compensation Proposal

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The latest update is out from Bank Of Ireland Group plc ( (DE:BIRG) ).

Bank of Ireland Group plc is currently assessing the implications of a proposed motor finance compensation scheme outlined by the Financial Conduct Authority. The Group has set aside a provision of £143 million, but anticipates that this may need to be increased, potentially impacting its financial position. Despite this, the Group maintains a robust capital position, with a pro-forma CET1 ratio of 16.0% as of June 2025, indicating strong capital generation capabilities.

More about Bank Of Ireland Group plc

Bank of Ireland Group plc operates in the financial services industry, offering a range of banking products and services. The company focuses on providing financial solutions to both individual and corporate clients, with a significant presence in the UK and Ireland.

See more insights into BIRG stock on TipRanks’ Stock Analysis page.

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