Bank of Ireland 2020 Debt Investor Presentation
NPE ratio increases to 5.7%
6.3%
4.4%
€5.0bn
€3.5bn
NPE movements
€0.4bn
€0.6bn
Bank of Ireland 2020 Debt Investor Presentation
Non-performing exposures
.
5.7%
NPES increased by €1.0bn and NPE ratio increased from
4.4% in 2019 to 5.7% in 2020
€4.5bn
Dec 18
Dec 19
Definition of
Default
Net Inflows
Dec 20
NPE ratio
NPEs by portfolio
Dec 20
Coverage Ratio
26%
Mortgages
(Ireland)
€1.5bn
€1.5bn
Non-property SME
€0.9bn
88%
and corporate
€1.1bn
Property and
€0.6bn
54%
construction
€1.1bn
Mortgages
€0.5bn
13%
(UK)
€0.7bn
Consumer
(Ireland & UK)
€0.1bn
€0.1bn
1 See slide 46
2 See slide 53
Dec 19 Dec 20
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Broadly stable NPES in H2; government fiscal measures
supportive
Implementation of new Definition of Default regulatory
framework increased NPEs by €0.6bn
€0.4bn net inflows primarily from credit migration in
property and construction portfolios
Payment breaks; c.4k forbearance measures requested
compared to initial c.100k payment breaks granted¹
No NPE transactions completed in 2020 due to market
conditions
Group NPE coverage ratio increased by 13% to 50% at
Dec 2020
Proven track record of working with customers to
implement sustainable solutions; significantly below
industry average for arrears management²
Bank of Ireland
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