LONDON--Bank of Ireland PLC (IRE), one of a small handful of banks to survive the country's severe debt crisis, said Friday the Group remains focused on tight cost control while continuing to invest in its core franchises.

The bank said restructuring and redundancy programs are on-going, and fees for the exceptional liabilities guarantee are reducing in line with expectations.

"We have the capital and the liquidity available to support our growth objectives in Ireland and in our core overseas franchises, and we are actively seeking new lending opportunities of the appropriate credit quality and at appropriate levels of return", it added.

The Group is continuing to meet all targets for the provision of commercially appropriate restructuring arrangements to cooperating customers who are having difficulty in meeting contractual repayments.

The Group's net loan volumes at the end of September were marginally below the 87 billion euros ($118.9 billion) reported at June 30 while customer deposits were marginally above the EUR72 billion reported during the same period.

Capital ratios remain significantly above regulatory requirements.

Bank of Ireland is considered to be the healthiest among a small surviving group of Irish lenders, including Allied Irish Banks PLC (ALBK.DB) and Permanent TSB, that required huge amounts of Irish taxpayers' cash when the country's commercial-property market collapsed five years ago. But Ireland's banks continue to struggle with non-performing home and small business loans that may mean they will in time require more capital, some analysts say.

The Irish government has said it is very confident it will emerge from its bailout when the last of the EUR67.5 billion of emergency loans are disbursed by the European Union and International Monetary Fund at the end of this year.

--Eamon Quinn contributed to this article.

Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

Subscribe to WSJ: http://online.wsj.com?mod=djnwires