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Bad loans bite into BOI profits

by Shawn Pogatchnik

BANK of Ireland's profits fell 32 percent in the first half of its fiscal year because of swelling bad loans, the country's second-largest lender revealed yesterday. Bank of Ireland's net profit fell to 626...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200811/20081114/article_380530.htm"> Bad loans bite into BOI profits </a> by -- BANK of Ireland's profits fell 32 percent in the first half of its fiscal year because of swelling bad loans, the country's second-largest lender revealed yesterday. Bank of Ireland's net profit fell to 626... </p>