August 1, 2014 / 6:07 AM / 3 years ago

BRIEF-Bank of Ireland returns to profit in first half

DUBLIN, Aug 1 (Reuters) - Bank of Ireland : * H1 underlying profit before tax 327 million euros versus 395 million euros

loss a year ago * H1 impairments 444 million euros versus 780 million euros a year ago * H1 net interest margin 2.05 percent versus 2.03 percent in H2 2013 * Home mortgages in arrears over 90 days 7.0 percent versus 7.4 at

end-December, buy-to-let 18.5 percent versus 18.2 percent * H1 core tier 1 capital ratio increases to 13.2 percent, loan to deposit ratio

112 percent * Net loan book 83 billion EUR versus 85 billion at end-December, ECB funding

falls to 6 billion EUR * Says confident pace of reduction in loan book will continue to slow * Continues to expect to maintain buffer above core tier 1 capital ratio of 10

percent on transitional basis

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