Bank of Ireland 2019 Interim Results
Bank of Ireland 2019 Interim Results
Irish credit growth emerging
Annual %
Change
5
Leading Irish retail and commercial bank;
unlocking growth in our home market
New lending of €3.8bn in H1 2019
Corporate
€0.5bn
Consumer
€0.3bn
Property
€0.6bn
0
Mortgages
€1.0bn
23
23
Business
Banking
€1.5bn
Unique franchise...
• Over 2 million consumer, business and wealth and insurance
customers
• Largest lender to the Irish economy for 6 years running
• Leading market shares in mortgage, SME, consumer and
wealth products
• Ireland's only bancassurer
Leading Business Bank in Ireland
#1 lender to Corporate Ireland
Largest branch physical footprint, with 265 branches
• Digitally enabled with 80% of customers digitally active
Ireland is the fastest growing economy in Europe
Demographics support further growth with youngest
population in Europe
2017
2018
Stock of lending to households
Stock of lending to businesses (non-financial corporations)1
...with growth and efficiency upside
•
•
2019
Leading supporter of home building and buying
€750 million in development finance approved
Mortgage market expected to grow significantly
€1bn green fund launched supporting mortgage, consumer
and SME customers
Supporting and partnering our business customers helping
them navigate Brexit; €2bn Brexit fund launched
• Continued growth in penetration of wealth product
holdings for bank customers; launch of digital pensions
platform in H2 2019
⚫ Serving customers brilliantly with efficiencies through
customer journey automation and simplification
1 Source: Central Bank of Ireland, Banks balance sheet basis, excludes loan sales and securitisations
Bank of IrelandView entire presentation