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Irish eyes aren’t smiling

General - 22 October 2020

Ingham Analytics have introduced a Banks Monitor to add to the Energy Monitor and Mining Monitor. In “Irish eyes aren’t smiling” they say there are signals globally, including Ireland, that loan default risk is now greater than corporate bond default risk. They also say that huge increases in impairments whilst seemingly conservative may not be conservative enough. Bank share prices look cheap, are they cheap enough?

Searchlight: R30.00

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