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I would like to know to what extent earnings are effected by the ECB rate? By all accounts the ECB rate is unlikely to change anytime soon, this potentially puts an upper bound on the share price?.
Better minds than mine can comment on this.

I wouldn’t b calling the Amazon/Goldman Financial cloud a fad. This is potentially an existential crisis for the traditional banks. The question is if they can adapt fast enough with the runway they Have left.
I believe for some traditional banks it will be possible to cherry pick some of the services developed by fintechs and copy them, piggy backing on the phenomenal sums the fintechs are burning through as they develop and role out their services.
I have both a BOI personal and separate business account and the online facilities are quite poor in comparison to other banks and Revolut which I also use.
I will be very interested to know how IT project Omega is proceeding after the surprise departure of Steve Collier in June 2019...

Hi Observe, Did you ever manage to make sense of the U.K. securitisation deal GBP 2.35b ?

Thanks Observe very interesting post.

Bank of Ireland says growth on track despite Brexit via The Irish Times https://www.irishtimes.com/business/financial-services/bank-of-ireland-says-growth-on-track-despite-brexit-1.3879751 @Observe; would welcome your assessment

Thank you, that was a very informative. I look forward to reading more of your posts.

At this rate the bank is going to be all buffer! Central Bank says Irish banks need ‘systemic risk buffer’ against shocks via The Irish Times https://www.irishtimes.com/business/financial-services/central-bank-says-irish-banks-need-systemic-risk-buffer-against-shocks-1.3862705

Why is the Iseq so weak when the Irish economy is flying? via The Irish Times https://www.irishtimes.com/business/markets/why-is-the-iseq-so-weak-when-the-irish-economy-is-flying-1.3684391

https://youtu.be/svwslRDTyzU

Congratulations on your new purchase, I hope you are both very happy in your new home.

https://investorrelations.bankofireland.com//wp-content/assets/Q1_IMS_20.04.2018.pdf https://www.irishtimes.com/business/financial-services/bank-of-ireland-looks-to-keep-tight-control-of-costs-1.3468140

Bank of Ireland widens UK Post Office proposition via The Irish Times https://www.irishtimes.com/business/financial-services/bank-of-ireland-widens-uk-post-office-proposition-1.3458538

https://www.irishtimes.com/business/financial-services/bank-of-ireland-to-axe-hundreds-of-managers-in-shake-up-1.3441188

https://www.irishtimes.com/business/financial-services/bank-of-ireland-chief-buys-home-in-dalkey-1.3437137

DAVY VIEW As we have commented previously, 2017 should be seen as a year of significant progress for Bank of Ireland (BOI) with the substantial decreases in non-performing exposures (NPEs), strong capital build and the restoration of dividends. Management�s comments regarding the transformation programme and Retail UK are important points of clarity in advance of June�s capital markets day (CMD), where BOI�s detailed strategic intent will be unveiled. We retain our �Outperform� rating with an unchanged price target of �8.90. Source: https://www.davy.ie/research/public/article.htm?id=ST2_6299_1.xml.htm

Dividends A dividend of 11.5 cents per share on ordinary shares will be paid on 24 May 2018 to those ordinary shareholders who appear on the Company�s register on 20 April 2018, the record date for the dividend, subject to ordinary shareholder approval.

https://www.irishtimes.com/business/financial-services/exane-upgrades-bank-of-ireland-and-ptsb-downgrades-aib-1.3386539

This is probably my single biggest worry for this stock. I was actually considering taking a job in BOI simply to get a better handle on how the technology transformation was actually unfolding on the ground (I'm a contract software architect working in banking/insurance sector). May do it yet, that's how heavily exposed I am on this stock!

Welcome home. I have family that relocated from the UK to Waterford (originally from Dublin). They are all very happy there now. Quite a number of very good golf courses on their doorstep: 'Waterford Castle Hotel & Golf Resort', 'Faithlegg Golf Club'. BIRG not doing much to lift the mood here. Used the recent dip to top up my holding but now very very heavily exposed... Its hard to see how the surging Irish economy wont positively impact the share price, even with the BREXIT exposure.

http://www.iii.co.uk/alliance-news/1506518076533663500-3/irish-banking-sector-has-stable-outlook-amid-slower-economic-growth