Bank of Ireland SWOT Analysis
Here is a detailed SWOT analysis of Bank of Ireland covering strengths, weaknesses, opportunities and threats.
Bank of Ireland Strengths
- Bank specializes in retail and commercial banking
- One of the top 4 banks in Ireland
- Strength in domestic franchise sustained by strong distribution network
- Strong workforce of over 15,000 employees
- Has expanded in Great Britain by acquisition of other banks
- Good marketing and visibility through sports sponsorships
Above are the strengths in the SWOT Analysis of Bank of Ireland. The strengths of Bank of Ireland looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Bank of Ireland Weaknesses
- No global tie-ups and limited international presence, and mainly dependence of Ireland
- Limited wholesale funding access forcing reliance on support from monetary authorities
These were the weaknesses in the Bank of Ireland SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Bank of Ireland Opportunities
- Growth in retail banking and online banking will increase the customer base
- Opportunity to grow in UK market and Baltic markets
Above we covered the opportunities in Bank of Ireland SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Bank of Ireland Threats
- High systemic risk in Irish banking industry
- Challenging economic conditions in Ireland
- Uncertainty in Euro zone and regulatory changes across the world
The threats in the SWOT Analysis of Bank of Ireland are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the Bank of Ireland SWOT analysis.
About Bank of Ireland
The table below gives the brand overview along with its target market, segmentation, positioning & USP
| Bank of Ireland Overview | |
|---|---|
| Parent Company |
Bank of Ireland Group |
| Category |
Banking |
| Sector | |
| Tagline/ Slogan |
Understanding Banking |
| USP |
Bank offering services driven by traditions and relationships |
| Bank of Ireland STP | |
| Segmentation |
Institutions and individuals |
| Target Market |
Private individuals, SME’s, large corporate customers |
| Positioning |
An Irish bank offering diversified financial services to customers with high level of commitment |
Browse marketing analysis of more brands and companies similar to Bank of Ireland. This section covers SWOT Analysis along with Segmentation, Target Market, Positioning & USP of more than 2000 brands from over 20 industry sectors.
Continue Reading:
The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. The companies are not associated with MBA Skool in any way.
Edit the brand or add a new one to SWOT Analysis section : Contribute
