Need to Be More Customer Focused, Agile, Bank of Ireland CEO Says

Need to Be More Customer Focused, Agile, Bank of Ireland CEO Says

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Business, Social Studies

University

Hard

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The transcript discusses the Bank of Ireland's strategies post-financial crisis, focusing on economic growth, loan book expansion, and handling non-performing loans. It outlines cost management and modernization plans, including digitization and strategic resourcing. The bank's remuneration policies aim to attract and retain talent, while cultural transformation efforts focus on customer-centricity and gender parity in leadership roles.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Bank of Ireland's target for net loan growth by 2021?

25%

20%

15%

10%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector is NOT mentioned as a focus for the Bank of Ireland's growth strategy?

Small Businesses

Technology

Agriculture

Housing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the Bank of Ireland plan to handle non-performing loans?

By increasing interest rates

By selling them off

By working individually with customers

By writing them off

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the target cost-to-income ratio for the Bank of Ireland by 2021?

55%

40%

50%

45%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What must be agreed with the Minister for Finance regarding the Bank of Ireland's remuneration policies?

Salary increases

Normalization of rewards

New branch openings

Employee layoffs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Bank of Ireland's commitment regarding gender parity by 2021?

No specific commitment

70-30 gender parity

60-40 gender parity

50-50 gender parity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key focus of the Bank of Ireland's cultural transformation?

Increasing profits

Reducing staff

Expanding internationally

Being more customer-focused