2019 Interim Results
H2 2019 Outlook
.
Growth
Efficiency
Bank of Ireland 2019 Interim Results
Returns
Net lending growth while
maintaining commercial
discipline on risk and pricing
NIM in 2019 expected to be
slightly lower than H1 NIM of
2.16%
Continued growth in Wealth
and Insurance business
• Costs in 2019 to be lower
than 2018
•
.
Expect further reduction in
NPES
Expect net impairment charge
to be in the range of 20bps
30bps p.a. during H2 20191
-
•
Continue to generate strong
organic capital
Dividend to increase
prudently and progressively;
over time will build towards a
payout ratio of around 50% of
sustainable earnings
ROTE target: in excess of 10% by 2021
1 Absent a change in the economic environment or outlook
Bank of Ireland
21
21View entire presentation