New Hope for Bank of Ireland Shareholders

The video discusses the economic growth in Ireland, highlighting increased profits, reduced nonperforming loans, and rising consumer confidence. It explores the implications of Brexit on business operations, particularly in the UK, and the strategies for managing currency risk and profit volatility. The video also covers contingency planning for Brexit and political uncertainties, and concludes with a discussion on remuneration and bonus policies within the Bank of Ireland.

What factors are contributing to the economic growth in Ireland?

• Increased exports and reduced imports

• Decline in employment levels

• Growth in domestic consumption and investment

• Decrease in consumer confidence

How does the bank manage its exposure to the UK market?

• By hedging all profits in sterling

• By increasing its financial investment in the UK

• By focusing solely on the Irish market

• Through partnerships and low upfront financial investment

What is the bank's approach to handling exchange rate volatility for Irish customers?

• Increasing interest rates

• Avoiding any transactions in sterling

• Reducing loan offerings

• Offering hedging products

What is the bank's strategy for its UK business in the event of a severe economic downturn?

• Merging it with the Irish business

• Separating it as a standalone subsidiary

• Closing it down

• Selling it to another bank

How does the bank view the UK market despite Brexit uncertainties?

• As a market to exit immediately

• As a high-risk market to avoid

• As a market with no potential for growth

• As a good place to do business

What is the bank's stance on the political situation in Ireland?

• It sees it as a major threat to economic growth

• It believes there is broad political agreement on economic growth

• It plans to reduce operations in Ireland

• It is indifferent to political changes

What has the bank agreed upon with its main trade union regarding pay?

• A one-year deal with no pay increase

• No deal has been reached

• A two-year deal with pay increases based on performance

• A three-year deal with fixed pay increases