Get a clearer picture.

It’s important that businesses like yours are ready for the challenges and opportunities Brexit brings. To be fully ready, you need to be fully informed. Amid the uncertainty of the outcome we‘ve introduced a series of new business supports that can help you face this with a greater degree of confidence. These include ongoing sector updates, and new business currency supports.

Our teams would be happy to discuss how we can help your business to grow, trade internationally, or manage currency risk over the next number of months.

Preparing for Brexit Video Series

Watch our Bank of Ireland experts Earl McGill, Senior Dealer, Loretta O’Sullivan, Chief Economist, Gerardo Larios Rizo, Head of Hospitality Sector and Lee Evans,Head of FX Trading & Strategy discussing the latest news and answer the key questions customers are asking about Brexit preparations.

Published on 6 February 2019

 

How we can help:

Preparing for Brexit

Latest BOI News

12th February 2019 – Sterling guidance from Bank of Ireland Markets & Treasury
Read more

11th February 2019 – Brexit concerns see high rate of savers in border areas according to the latest Bank of Ireland/ESRI Investment Index. Read the article here  and download latest index results here

4th February 2019 – Investment Markets Weekly – Keep up to date with the latest investment markets news and how Brexit is affecting them. Read more here

1st February 2019 – Article – Which sectors will be most impacted by Brexit? Read more here

1st February 2019 – Article – How can Bank of Ireland help you fund your preparations for Brexit? Read more here

1st February 2019 – Article – How can you prepare your business for Brexit? Read more here

28 January 2019 – “The Economic Pulse rang in the new year more or less where it rang out the old – on a soft note.” Dr Loretta O’Sullivan, Group Chief Economist, Bank of Ireland. Read the full report here

See more news
Customer Update

As the Brexit process continues to evolve and irrespective of the final conclusion between the UK and the EU, Bank of Ireland would like to reassure customers that the continuity of our services in the UK and Ireland will be fully maintained.

Post Brexit there will be some technical changes applicable to a small number of our UK deposit customers – More information

Aside from this, there is no expected impact to your product holdings or relationship with the Bank of Ireland Group, including Bank of Ireland UK plc and its partnerships with the UK Post Office, the AA and in Northern Ireland.

Consequently there is no need for you to take any action at this time and we will continue to update this website as necessary.

We are on hand at all times to respond to any queries you may have. If you have any questions, please feel free to contact your relationship manager or regular business contact and they can support.

As always, we would like to thank you for your valued business.

 

Brexit and travel between Ireland and the UK   12th Feb 2019

It is timely to provide an update on travel and working arrangements between Ireland and the UK.

The Common Travel Area agreement between the Republic of Ireland and the UK is a long-standing arrangement which enables Irish and UK citizens to travel and reside/work in either jurisdiction without restriction.  The Common Travel Area agreement predates membership of the EU by both Ireland and the UK and is not dependent on any final agreement between the EU and the UK.  Therefore, in the event that the EU and UK do not agree Brexit terms before the end of March 2019, there is no impact on working or travel arrangements for Irish and UK citizens in either jurisdiction. Reciprocal visa-free travel arrangements are anticipated to prevail in respect of travel between other EU countries and the UK.

Government initiatives

The decision of the United Kingdom to leave the European Union presents unprecedented political, economic and diplomatic challenges for Ireland. The way in which we deal with these challenges will be a major factor in shaping the future of our island and our relationship with Britain for years to come.

Learn about the work the Government is undertaking to protect your interests in the Brexit negotiations, and the steps being taken to get Ireland Brexit Ready.

Find out more about the Government’s most recent engagements, outreach events, and ongoing consultation work on Brexit. You can find information about the resources and financial supports available from all Government Departments and Agencies to help businesses to prepare for Brexit. You can learn about what Brexit means for you as the negotiations continue, the things that will change and the many things that will stay the same. You can also access comprehensive Frequently Asked Questions sections, and read Key Documents published by the Government outlining our negotiation strategy and preparations for the potential impacts of Brexit.

This site includes links to a wide range of Government and independent research reports that provide a broad analysis of all key issues and sectors.

Find out more
Currency Risk Guide

Don’t sit back – prepare.

The clock is ticking towards the UK’s exit from the EU. In this period of uncertainty, it is tempting to adopt a “wait and see” approach, but now is not the time to sit back.

If your company is importing from, or exporting to the UK, now is the time to consider the implications Brexit may have on your business.

The Global Markets team at Bank of Ireland are here to support you and your business as we go through this journey.

This 6 Step Guide will explain how companies can plan for, and reduce currency risk.

SBCI Loan Scheme

The SBCI Brexit Loan Scheme is offered in partnership with the Department of Business Enterprise and Innovation, the Department of Agriculture Food and the Marine and is supported by the InnovFin SME Guarantee Facility, with the financial backing of the European Union under Horizon 2020 Financial Instruments.

The SBCI Brexit Loan Scheme will operate from 3rd April 2018 until 31st March 2020 or until the scheme has been fully subscribed.

Find out more