The Bank of Ireland Group has revised its financial provision for compensating customers affected by motor finance agreements ...

Bank of Ireland has more than doubled to £350m (€400m) the amount it had set aside to compensate customers for a motor ...

It said the estimated increase from €165m included the ‘increased likelihood of a higher number of eligible cases’ ...

Bank of Ireland chief executive Myles O’Grady will hope the lender is a step closer to putting the fallout from the UK motor ...

Bank had set aside £143m (€167m) for repayments but now estimates that the provision could increase from £143m to £350m ...

People who fell victim to motor finance mis-selling could be eligible for around €805 in compensation on average.

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Investing.com -- Bank of Ireland has significantly increased its provision for the UK motor finance commissions scandal, estimating it may need to pay out about £350 million (€403 million), the bank ...