Investor Presentaiton
Economic backdrop
Irish credit growth emerging
Annual %
Change
4
0
-4
-8
2012
2013
2014
2015
2016
Stock of lending to households
Stock of lending to businesses (non-financial corporations)1
Solid growth in Ireland; UK growth also
positive notwithstanding Brexit uncertainties
7.2%
6.8%
4.5%
House price growth continuing in
Ireland, softening in UK
9.0%
12.1%
6.5%
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1.8%
1.4%
1.4%
4.5%
2.6%
2017
2018e
■ROI GDP
UK GDP
(annual real growth)
2019f
2016
2017
Bank of Ireland 2018 Results Announcement
2017
2018
Unemployment rate trending down in
Ireland, remains historically low in UK
6.7%
5.7%
5.0%
4.4%
4.1%
4.1%
0.5%
2018
2017
2018
2019f
ROI residential property prices national (change, Dec on Dec)
UK residential property prices national (change, Dec on Dec)
Sources: Bank of Ireland Economic Research Unit, CSO, Office for National Statistics, Nationwide, Central Bank of Ireland
Forecasts assume current UK-EU trading arrangements continue to apply
1 Banks balance sheet basis, excludes loan sales and securitisations
ROI unemployment rate
UK unemployment rate
(annual average)
Bank of Ireland
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