Bank of Ireland 2022 Interim Results
Capital and liquidity
Bank of Ireland 2022 Interim Results
45
45
222
52
Liquidity
Funding and liquidity remains strong from stable
customer deposits and MREL issuance
Customer deposits: €92.6bn
Overall Group customer deposit volumes of €94.1bn
(excluding fair value hedge adjustment) at 30 Jun 2022
are €1.3bn higher than 31 Dec 2021, due to growth
in Retail Ireland of €3.6bn, predominantly driven by
higher household and SME volumes and an increase
in Corporate and Markets volumes of €0.3bn, partially
offset by lower Retail UK deposits of €2.6bn arising from
planned deleveraging
Wholesale funding: €21.3bn
•
.
€0.1bn lower than Dec 2021 primarily due to an ACS
bond maturity of €1.0bn and a negative FX impact of
€0.1bn, partially offset by senior MREL bond issuance of
€1.0bn
MREL ratio of 32.4% at Jun 2022
Leverage Ratio
Fully Loaded Leverage Ratio: 6.1%
Regulatory Leverage Ratio: 6.3%
Tangible Net Asset Value
TNAV increased c.4% to €9.22 since Dec 21
Dec-21 Jun-22
Customer loans
76
75
Liquid assets
50
Other assets
29
29
Total assets
155
156
Customer deposits
93
93
Wholesale funding
21
21
Shareholders' equity
10
11
Other liabilities
31
31
Total liabilities
155
156
TNAV per share
€8.80
€9.22
Closing EUR/GBP FX rates
0.84
0.86
Dec-21
Jun-22
Liquidity Coverage Ratio
•
181%
218%
•
Net Stable Funding Ratio
144%
149%
Loan to Deposit Ratio
82%
81%
•
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