Anglo Irish Bank said today its lending business remains buoyant and that it expects full-year profits to be ahead of market forecasts.
In its first trading statement issued today Anglo said earnings per share will be ahead of the current market consensus of 87 cent by above 3 cent.
"Lending activity remains buoyant. This performance, combined with the high increase in loan balances in the first half of 2006, provides the Bank with an excellent platform for profit growth in 2007," the statement said.
The key themes of growth and investment, evident in the bank's first half performance, have continued during the full year to September 30th, 2006.
The bank said its treasury division is also delivering high-quality growth in funding and profitability and that its wealth management division is enjoying a strong year.