The Bank of Ireland is planning to increase its net interest income to 3.85 billion euros ($4.51 billion) in 2028 from 3.37 billion euros in 2020, largely due to lending more and attracting more deposits in Ireland's growing economy. The bank also plans to reduce its cost-income ratio to mid-40% from 52% in the coming years. The new strategy will drive significant shareholder value creation, including the distribution of surplus capital on at least an annual basis.