Irish Intercontinental Bank has reported after-tax profits of €53.2m for last year, an increase of 12% on the previous year, saying all its divisions performed well.
The bank - owned by Belgium's KBC - reported continued buoyancy in its residential mortgage business, where it estimates its share of new lending at about 10%.
IIB also said there had been an increase in investor interest in residential property since the recent budget changes which reduced stamp duty and reinstated tax relief on rental income.
