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Investor Presentaiton

CBI's macro-prudential rules increase resilience of banking and household sector CBI's amended macro-prudential rules Transactions have slowed since macro- First time buyers (FTBS) can borrow 90% of the value of a home (10% minimum deposit). Five per cent of the total new lending to FTBS will be allowed above the 90% LTV limit. prudential rules introduced 60,000 Introduction in 2015 50,000 40,000 For second and subsequent buyers (SSBS), banks must restrict lending for primary 30,000 dwelling purchase above 80 per cent LTV to no more than 20 per cent of new lending to SSBs. 20,000 10,000 Bank must restrict lending for primary dwelling purchase above 3.5 times LTI to not more than 20 per cent of that aggregate value Banks must limit Buy-to-Let loans (BTL) above 70 per cent LTV to 10 per cent of all BTL loans. Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency 0 Source: Residential Property Price Register Q1 2011 Q3 2011 Q1 2012 Q3 2012 Q1 2013 Q3 2013 Q1 2014 Q3 2014 14Q Sum of Transactions IINI Q1 2015 Q3 2015 Q1 2016 Q3 2016 Q1 2017 Y-o-Y Change (RHS) 50% 40% 30% 20% 10% 0% -10% 66
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