Summary
Banks in Ireland industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total asset held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
- The Irish banking industry recorded assets of $1,084.8 billion in 2024, representing a compound annual growth rate (CAGR) of 8.8% between 2019 and 2024.
- The inter-bank loans segment accounted for the industry's largest proportion in 2024, with total assets of $544.9 billion, equivalent to 50.2% of the industry's overall value.
- The Irish banking industry grew by 9.8% in 2024, primarily driven by the rise in consumer credit, as individuals increasingly relied on loans for housing, education, and personal consumption. The growth in consumer credit expanded banks’ loan portfolios and strengthened their overall asset base. According to the Central Bank of Ireland, consumer credit in Ireland rose by 5.7% in December 2024 compared to December 2023, contributing significantly to the increase in total commercial bank assets.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Ireland
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Ireland
- Leading company profiles reveal details of key banks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Ireland banks market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Ireland banks market by value in 2024?
- What will be the size of the Ireland banks market in 2029?
- What factors are affecting the strength of competition in the Ireland banks market?
- How has the market performed over the last five years?
- Who are the top competitors in Ireland's banks market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What have been the recent M&A activities?
8 Company Profiles
8.1. Bank of Ireland Group Plc
8.2. Allied Irish Banks Plc
8.3. Ulster Bank Ireland DAC
8.4. Barclays Plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Ireland banks industry value: $ billion, 2019-24
Table 2: Ireland banks industry category segmentation: % share, by value, 2019-24
Table 3: Ireland banks industry category segmentation: $ billion, 2019-24
Table 4: Ireland banks industry geography segmentation: $ billion, 2024
Table 5: Ireland banks industry value forecast: $ billion, 2024-29
Table 6: Ireland banks industry share: % share, by value, 2024
Table 7: Bank of Ireland Group Plc: Key Facts
Table 8: Bank of Ireland Group Plc: Annual Financial Ratios
Table 9: Bank of Ireland Group Plc: Key Employees
Table 10: Bank of Ireland Group Plc: Key Employees Continued
Table 11: Allied Irish Banks Plc: Key Facts
Table 12: Allied Irish Banks Plc: Key Employees
Table 13: Ulster Bank Ireland DAC: Key Facts
Table 14: Ulster Bank Ireland DAC: Key Employees
Table 15: Barclays Plc: Key Facts
Table 16: Barclays Plc: Annual Financial Ratios
Table 17: Barclays Plc: Key Employees
Table 18: Barclays Plc: Key Employees Continued
Table 19: Ireland Size of Population (Million), 2020-24
Table 20: Ireland Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 21: Ireland GDP (Current Prices, $ Billion), 2020-24
Table 22: Ireland Inflation, 2020-24
Table 23: Ireland Consumer Price Index (Absolute), 2020-24
Table 24: Ireland Exchange Rate, 2019-24
List of Figures
Figure 1: Ireland banks industry value: $ billion, 2019-24
Figure 2: Ireland banks industry category segmentation: $ billion, 2019-24
Figure 3: Ireland banks industry geography segmentation: % share, by value, 2024
Figure 4: Ireland banks industry value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the banks industry in Ireland, 2024
Figure 6: Drivers of buyer power in the banks industry in Ireland, 2024
Figure 7: Drivers of supplier power in the banks industry in Ireland, 2024
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Ireland, 2024
Figure 9: Factors influencing the threat of substitutes in the banks industry in Ireland, 2024
Figure 10: Drivers of degree of rivalry in the banks industry in Ireland, 2024
Figure 11: Ireland banks industry share: % share, by value, 2024
