H1 2020 Credit Presentation
Capital and liquidity
Bank of Ireland H1 2020 Credit Presentation
Funding and liquidity remains strong from stable
customer deposits and MREL issuance
Customer deposits: €86.5bn
Growth of €2.5bn principally due to higher current
account credit balances predominantly from the impact
of COVID-19 restrictions and lower consumer spending
Wholesale funding: €9.5bn
•
AT1 and senior debt issuance of c.€0.75bn during H1
2020
MREL ratio of 24.4% based on RWA at Jun 2020
Leverage Ratio
Fully Loaded Leverage Ratio: 6.3%
Regulatory Leverage Ratio: 6.8%
Tangible Net Asset Value
TNAV decreased to €7.97
Liquidity
Dec 2019 Jun 2020
(€bn)
(€bn)
Customer loans
Liquid assets
Other assets
Total assets
79
77
27
29
26
26
132
132
Customer deposits
84
87
Wholesale funding
11
10
10
Shareholders' equity
10
9
•
Other liabilities
27
26
Total liabilities
132
132
TNAV
per share
Closing EUR/GBP FX rates
€8.21
€7.97
•
0.85
0.91
Dec 2019 Jun 2020
Liquidity Coverage Ratio
138%
149%
Net Stable Funding Ratio
131%
135%
Loan to Deposit Ratio
95%
89%
Bank of Ireland
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