Bank of Ireland says no 100 pct mortgage arrears

DUBLIN, July 8 (Reuters) - Only 3 percent of Bank of Ireland's (BKIR.I: Quote, Profile, Research) mortgage book is made up of loans against 100 percent of a property's value and none of those loans are in arrears, Chief Executive Brian Goggin said on Tuesday.

"Not one of our 100 percent mortgages are in arrears," Goggin told shareholders at Bank of Ireland's (BKIR.L: Quote, Profile, Research) annual shareholder meeting.

(Reporting by Paul Hoskins and Andras Gergely)