Bank of Ireland 2020 Interim Results
Residential mortgages
Gross loans by stage
0.9%
€432m
€46.3bn
€1.7bn
€1.7bn
€42.9bn
Dec 19
Residential mortgages
Bank of Ireland 2020 Interim Results
€44.3bn
•
Mortgage portfolios 57% of Group loan book
€2.2bn
•
€1.7bn
€40.4bn
ROI mortgage portfolio €22.9bn at June 2020:
-
Average LTV of 60% on stock
-
81% of the portfolio has LTV <80%
■Stage 1 Stage 2 Stage 3
ILA movement
UK mortgage €21.5bn at June 2020:
-
Average LTV of 62% on stock
Jun 20
1.3%
€55m
€94m
€581m
•
82% of the portfolio has LTV <80%
Implementation of new Definition of Default regulatory
framework driving increase in stage 3 loans
€149m impairment loss allowance increase largely on
performing loans including management adjustment
relating to payment breaks
Impairment coverage increased from 0.9% to 1.3% at
June 2020
Dec 19
Stage 1/2
Stage 3
Jun 20
ILA % of gross loans
Bank of Ireland
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