Investor Presentaiton
UK Customer Loans £28.8bn (€35.0bn)
Bank of Ireland Group
UK Mortgages - £20.5bn
Scotland,
£0.9bn
Northern Ireland,
£0.9bn
Rest of England,
£8.6bn
50%
Wales,
£0.8bn
Greater
London,
£4.4bn
Outer
Metropolitan,
£2.7bn
South East,
£2.1bn
Other UK Customer Loans - £8.3bn
76%
44%
£3.0bn
£0.7bn
£1.7bn
£0.2bn
£1.7bn
-£0.03bn
67%
162%
£1.6bn
-£0.02bn
£2.3bn
£1.5bn
£1.7bn
£0.3bn
£0.1bn
£1.6bn
£0.2bn
SME
Corporate
Investment
Property
Land &
Development
Consumer
Coverage Ratio
UK Mortgages Analysis
Total UK mortgages of £20.5bn; (NPLs - 4%; Defaulted loans
-2%)
Average LTV of 62% on total book
Average LTV of 69% on new mortgages
UK mortgage book continues to perform better than industry
averages²
89% of mortgages originated since 2010 are standard owner
occupier mortgages
►BTL book is well seasoned with 88% of these mortgages
originated pre 2009
Average balance of Greater London mortgages is c.£195k. 87% of
these mortgages have an LTV <70%
Other UK Customer Loans Analysis
Other UK loans exposure of £8.3bn; Defaulted loans of
£1.1bn with strong coverage ratios. Investment property
defaulted loans have decreased by 65% in the last 2 years
Performing loans of £7.2bn;
SME: broad sectoral diversification with low concentration risk
Corporate: specialist lending teams in Acquisition Finance,
Project Finance, and Corporate lending
Investment Property: Retail (47%), Office (21%),
Residential (13%) Other (19%)
Consumer: largest segment is asset backed motor
financing of £0.9bn. Book also includes Post Office / AA
branded credit cards and personal loans
Performing Loans Defaulted Loans
'Non-performing loans comprise defaulted loans plus probationary mortgages (i.e. primarily mortgages that were previously defaulted but which are
no longer defaulted at the reporting date; the mortgages are awaiting the successful completion of a 12 month probation period)
2Data published by the Council Mortgage Lenders (CML) for March 2016 indicates that the proportion (0.98%) of the UK mortgage book in default remains below the UK industry average of 1.04%
11View entire presentation