Completion of both of these transactions is expected in 2022, subject to regulatory and competition authority approvals. "We are progressing the two announced transactions with KBC and Davy, having reached a binding agreement with KBC earlier this month. Continued execution of our strategy has supported a 17% increase in operating profit pre-impairment to end-September 2021 compared to the same period in 2019, pre-COVID-19. The continued improvement in our performance in the third quarter is reflected by higher income, lower costs and an increase in capital. "During the third quarter of 2021, we have seen continued recovery of business activity, supported by a more positive economic environment and outlook. Interim Management Statement - Q3 2021 updateĬomment: Francesca McDonagh, Bank of Ireland Group CEO:
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