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Outlook is a series of AIB reports that examines and analyses the key issues affecting particular sectors within the Irish economy.
Irish banks need to lend to the SME sector if they are to survive and thrive. The fortunes of the banking system in Ireland are inextricably linked to the fortunes of the wider economy. Ultimately, our success as a bank in the future is very much tied to the success of our customers.
Outlook: Pubs (February 2018)
AIB, the leading provider of finance to Ireland’s pub sector has reported a 6% growth in the sector for 2017. AIB has released its 2018 Pubs Outlook, which also finds a 6% increase in spending by UK visitors to Irish pubs in the 12 months to the end of October 2017, despite a decline in visitor numbers from the UK.
Outlook: Transport & Logistics (May 2017)
With over 3,700 licenced haulage operators through Ireland, employing over 50,000 staff between them, the Irish road haulage sector plays a vital, but often overlooked, role within the Irish economy. We look at some of the key challenges and opportunities facing the sector.
Growth and governance in the non-profit sector (March 2017)
The results of the Nonprofit Survey commissioned by AIB and Irish Life and carried out by PwC, points to strong optimism about the future. A clear majority of organisations expect to grow rather than reduce or merely maintain current service levels while many expect to offer a wider variety of services or to expand their geographic coverage.
Outlook: Pharmacy Update (May 2015)
With over 1,800 pharmacies in Ireland, the majority operate on a similar business model with very few standing out from the crowd in the way they run their business. Pharmacists now need to look to new business models and develop a range of customer-focused services.
Outlook: Beef (May 2015)
Beef farming is the dominant enterprise on Irish farms, with over 95,000 farms having some element of a beef business. The sector is, however, undoubtedly the most diverse within Irish agriculture, with major differences between farms in terms of system, scale, intensification, efficiency, off-farm employment and dependence on direct payments.
Outlook: Nonprofit (December 2014)
The Irish non-profit sector is a diverse ecosystem of charities, advocacy groups, NGOs, and community and voluntary organisations that plays an important role in the social, cultural and economic fabric of Irish society. With a combined turnover in excess of €6 billion a year, assets of €3.5 billion, over 100,000 employees and 560,000 volunteers, the sector has faced some stiff challenges in recent years.
Outlook: Long Term Care (October 2014)
The number of people aged 65+ in Ireland is expected to increase by 38% over the next seven years, and this will place unprecedented demand on the health service and the level of care and support provided to older people. The long term care sector is facing stiff challenges if the expected demand for beds by 2021 is to be met
Outlook: Residential Property (May 2014)
With the Irish residential property sector now entering a period of growth and consumer sentiment improving, a number of factors are conspiring to inhibit the supply of much-needed new housing stock, particularly in key urban areas.
See also - Property Watch Quarterly Reports
Outlook: Energy Efficiency for Business (December 2013)
Energy costs have a significant impact on every SME in Ireland. Reducing energy consumption saves SMEs money, and those savings go straight to the bottom line. This report analyses energy consumption, the understanding of energy bills and the appetite to undertake energy initiatives to reduce costs.
Outlook: Licensed Trade (August 2013)
There is a degree of polarisation emerging in Ireland between pubs that are responding effectively to the recession and those that continue to experience decline. However, research – carried out by Amárach Research on behalf of AIB – also shows varying levels of optimism within the sector.