Investor Presentaiton
ROI Mortgages: €24.3bn
Bank of Ireland Group
Owner Occupied Non-performing loans
32%
34%
€1.6bn
€0.4bn
€1.2bn
€0.3bn
€1.2bn
€0.9bn
Dec 15
Dec 16
Defaulted Loans Probationary Mortgages
Coverage Ratio
Buy to Let Non-performing loans
48%
€1.4bn
€0.3bn
€1.1bn
Dec 15
Defaulted Loans Probationary Mortgages
50%
€1.0bn
€0.3bn
€0.7bn
Dec 16
Coverage Ratio
Portfolio Performance
Reduced NPLs' by €0.8bn to €2.2bn in 2016
Defaulted loans component of €1.7bn; down 57% since
reported June 2013 peak
► Continued trend of probationary mortgages returning to
performing status
€22.6bn or 93% of mortgages at Dec 16 are on a capital
and interest repayment basis (Dec 15: 91%)
Impairment credit of €141m in 2016 reflects ongoing
improvement in portfolio performance
Coverage ratio of 41% (Dec 15: 39%)
94% of mortgage accounts are in the up to date book; 9
out of 10 accounts in forbearance are meeting the terms
of their arrangement
Industry Comparison
► BOI OO arrears (3.07%) at 34% of industry level² (Dec 15:
43%); BOI BTL arrears (7.65%) at 41% of industry level³
(Dec 15: 56%)
► BOI OO arrears >720 days reducing and at 31% of
industry level (Dec 15: 37%); BOI BTL arrears >720 days
reducing and at 32% of industry level 5 (Dec 15: 43%)
Non-performing loans includes 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)
2At September 2016, BOI owner occupier arrears level (based on number of accounts >90 days in arrears) was 3.07% compared to 8.90% for industry excl BOI
3At September 2016, BOI buy to let arrears level (based on number of accounts >90 days in arrears) was 7.65% compared to 18.65% for industry excl BOI
4At September 2016, BOI owner occupier arrears (based on number of accounts >720 days in arrears) was 1.70% compared to 5.51% for industry excl BOI
5At September 2016, BOI buy to let arrears (based on number of accounts >720 days in arrears) was 4.16% compared to 12.93% for industry excl BOI
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