Investor Presentaiton
Ireland's Banking Sector Overview
Less competition possible in decade to come
•
Banking sector well capitalised with sufficient liquidity buffers
•
Banks profitable as net interest margins will be helped by rising interest rate environment.
Ulster Bank and KBC - both of which have no govt. ownership have decided to leave Irish banking market. Reduced competition
is main impact.
The Irish Government has sold its share in BOI. This leaves just AIB and PTSB with government involvement.
Further tranches of AIB and PTSB shares were sold in 2023. The Government owned approx. 53% of AIB and 57% of PTSB at that
stage. Sales are likely to be ongoing as government divests from sector.
3.0%
2.0%
1.0%
0.0%
AIB
Net Interest Margin
BOI
2018 2019 ■2020 2021 2022
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
21
0
-1
-2
PTSB
AIB
Source: Annual reports of banks - BOI, AIB, PTSB
*AIB Annual Results for full year 2022
Profit before Tax (€bns)
BOI
2018 2019 2020 2021 2022
PTSB
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