Investor Presentaiton
For personal use only
ME BANK LENDING AND DEPOSIT GROWTH1
FINANCIAL RESULT IN LINE WITH DUE DILIGENCE ASSUMPTIONS
SUMMARY
Housing loans continued to decline in line with recent historical
trends
Deposit growth of $2.4bn in FY21 has increased the deposit to
loan ratio to 73%
• Leveraging the BOQ Home Buying Transformation program to
return ME Bank to growth
• Early green shoots with application volumes increasing by 36%
in August and September compared to the FY21 average
CUSTOMER DEPOSITS ($BN)
16.0
1.2
0.8
6.5
7.5
2H20
GROSS LOANS AND ADVANCES GROWTH ($M)
439
BOQD
GROUP
(494)
(512)
441
(897)
(2)
(457)
(483)
(872)
(55)
(11)
(25)
1H20
2H20
1H21
2H21
Housing Other
GROSS LOANS AND ADVANCES BALANCES ($BN)
18.4
16.4
1.5
1.3
27.1
0.3
1.0
26.6
0.2
26.1
25.2
0.2
0.8
0.2
8.6
8.0
26.8
26.4
25.9
25.0
6.3
1H21
7.3
2H21
Term Deposits Savings & Investments Transaction Accounts Offsets
1H20
2H20
1H21
2H21
Housing Other
Bank of Queensland Limited 2021 Full Year Results Presentation (1) ME Bank results have been adjusted to reflect BOQ's reporting periods
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