Investor Presentaiton slide image

Investor Presentaiton

Overview of the Irish Economy Ireland - The most successful growth story in Europe Fastest growing economy in the eurozone GDP per capita has grown from 69% of the EU average in 1985 to 125% in 2005 GDP growth forecasts* - - 6.0% 2006 (e) 6.0% 2007 - 5.0% 2008 Low inflation & low interest rates Numbers employed 2m - highest ever 'Full' employment....but employment still growing,.... immigration and increased participation Strong demographics Total numbers at work have grown by 80% since 1985 *Source: Bank of Ireland Global Markets Economics Research Unit Unemployment Rate % 16 14.6 14 11.5 12 10.1 10 8.1 7.6 8.1 8 6 4.4 4.4 4.4 4 2 0 1991 1996 اتـ 7.9 4.2 7.1 2002 Ireland 2004 2005 2006 DEU * Expected Source: CSO & Eurostat Projected Population Growth (2005-2015)* % 14 12.1 12 10 8 6 4 2 0 2.6 1.1 Ireland □ EU25 EU15 *Source: Eurostat 12 Bank of Ireland Group
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