After-tax profits at Irish Intercontinental Bank rose by 32% last year to 47.5 million euros, with the bank saying all of its divisions reported 'excellent growth'.
Total assets at the bank, which is owned by Belgium's Kredietbank, grew 19% to 7.9 billion euros, while deposits also increased 19% to 7.5 billion.
The bank says its mortgage division IIB Homeloans recorded new advances of almost 900 million euros, giving it over 10% of the Irish residential market. But it says margins suffered as it sought to delay mortgage rate rises.
