Mortgage lending up by a third at Bank of Ireland

The Bank of Ireland reported that 2018 mortgage lending so far was up by a full third over 2017. New mortgages were up by 20 percent. The bank says that its mortgage assets are improving as they would like, in spite of the Brexit. The interest income and margin are what they predicted. The bank is going to pay a dividend for the first time in 10 years, and thinks expenses are in an acceptable range. They will be laying off 25% of middle management. In the first 3 months of 2018 their CET1 ratio went up 10 basis points to 13.7.