Anglo Irish Bank says year 'off to strong start'

Anglo Irish Bank said today the opening quarter of this current year had got off to a strong start.

Anglo Irish Bank said today the opening quarter of this current year had got off to a strong start.

"Trading on all fronts is well above the same period last year and is tracking its stretching targets," it added.

The bank announced strong results for the year ended September with pre-tax profits up 50 per cent to euro 133 million.

Earnings per share were up 38 per cent while total assets increased by euro 3.1 billion to euro 11 billion.

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"Although there are signs of some economic turbulence on the horizon, nevertheless its two core trading regions, Ireland and UK, are expected to perform quite robustly in the near term," it said.

Based on current trading experiences and the plans in hand it is satisfied that another year of buoyancy is in prospect for your bank, it added.

AFP