Bank of Ireland 2020 Debt Investor Presentation
Growth in new lending in H2
Group loan book movement
€0.7bn
€13.3bn
(€14.0bn)
Stable net lending
€79.5bn
(€1.1bn)
(€1.8bn)
€76.6bn
Dec 19
Loan book
New
RCF Redemptions Impairment FX/ Other
Lending activity
Dec 20
Loan book
New lending¹ and redemptions H1 vs. H2 2020
€6.9bn
€7.1bn
€7.5bn
€5.8bn
€3.0bn
€2.4bn
€1.5bn
€1.1bn
€2.3bn
€3.0bn
H1 20
H2 20
Retail Ireland Corporate Retail UK Redemptions
1 Excluding revolving credit facilities
2 On a constant currency basis
Bank of Ireland 2020 Debt Investor Presentation
Lending trends in 2020
•
Overall loan book declined by €2.9bn due to FX and
credit impairment
•
Gross new lending¹ of €13.3bn; down 19% vs. 2019²
•
Revolving credit facilities drawdowns finished the year at
€0.7bn, down from a Q1 peak of €1.4bn
•
•
Redemptions of €14bn; 3% lower than 2019 and reflect
continued build up of liquidity
Overall net lending stable in the year
H2 new lending was 30% higher than H1
All divisions demonstrating solid recovery
Strong Irish mortgage market performance; 25.5% share
of an €8.4bn market
UK mortgage market supported a 25% growth in UK
lending compared to H1
Bank of Ireland
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