Bank of Ireland Restarts Dividends, Buyback After 2021 Rebound

The transcript discusses Bank of Ireland's strong 2021 performance, capital strategies, and acquisitions. It addresses the impact of geopolitical events, particularly the Russia-Ukraine situation, on the bank and the broader economy. The discussion includes market volatility, ECB policy, and the economic outlook. The transcript also highlights the growth of the Irish economy and the bank's focus on wealth management.

What was a key factor in the Bank of Ireland's strong performance in 2021?

• Reduction in operating costs

• Economic growth in Ireland

• Increased interest rates

• Expansion into new markets

How is the Bank of Ireland planning to use its strong capital position?

• To invest in new technology

• To increase employee salaries

• To make acquisitions and distribute to shareholders

• To expand into Asia

What is a major concern for the Bank of Ireland due to the Russia-Ukraine situation?

• Direct exposure to Russian markets

• Impact on European energy prices

• Loss of key personnel

• Decrease in customer deposits

What is the expected impact of the Russia-Ukraine conflict on ECB policy?

• Expansion of quantitative easing

• Immediate rate cuts

• Reduction in regulatory requirements

• Increased focus on inflation

What economic indicator shows Ireland's resilience despite global uncertainties?

• High unemployment rate

• Rising inflation

• Decreasing foreign investments

• Strong GDP growth

Why is the Bank of Ireland optimistic about its wealth management strategy?

• Supportive demographics in Ireland

• High demand for luxury goods

• Government subsidies

• Low competition in the sector

What percentage of the Bank of Ireland's group business income is from wealth and insurance?

• 75%

• 25%

• 42%

• 60%