AIB CEO Sees 'Positive Start' to 2018

AIB CEO Sees 'Positive Start' to 2018

Assessment

Interactive Video

Business, Social Studies, Other

University

Hard

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The video features an interview with Bernard Byrne, CEO of Allied Irish Banks, discussing the bank's financial performance, including a €1.6 billion tax and a 30% dividend increase. Byrne addresses the reduction of nonperforming loans from €29 billion in 2013 to €6.3 billion in 2017, highlighting restructuring efforts. The net interest margin exceeded targets due to loan growth and reduced interest rates for mortgage customers. Byrne also discusses Brexit's impact, focusing on currency effects and the customs union. Lastly, he touches on loan portfolio sales and potential special dividends.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the proposed increase in the dividend by the company?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the net interest margin reported by the bank?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How much did the non-performing loans decrease from 2013 to 2017?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures is the bank taking to address non-performing loans?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact has Brexit had on the bank according to Bernard Byrne?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Northern Irish peace process in the context of Brexit?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected payout ratio for the bank's dividend in the future?

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