Investor Presentaiton
Capital and liquidity available to support growth
Bank of Ireland 2019 Results Announcement
Strong funding and liquidity from increased customer
deposits and MREL issuance
Customer deposits: €84.0bn
Growth of €5.0bn primarily reflecting strong economic activity
in Ireland
Wholesale funding: €11.0bn
• Senior and subordinated debt issuance of €1.55bn during
2019 to meet MREL regulatory requirements
MREL requirement of 27.1% of RWA to be met by 1 Jan
2021:
MREL ratio of 23.8% based on RWA at Dec 2019
MREL eligible senior debt issuance of c.€1bn - €2bn p.a.
anticipated
Leverage Ratio
Fully Loaded Leverage Ratio: 6.5%
Regulatory Leverage Ratio: 7.1%
Tangible Net Asset Value
4% growth in TNAV to €8.21 in 2019
Liquidity
Dec 2018 Dec 2019
(€bn)
(€bn)
Customer loans
Liquid assets
Other assets
Total assets
Customer deposits
Wholesale funding
Shareholders' equity
Other liabilities
722222
77
79
25
27
26
124
132
79
84
11
11
•
9
10
25
27
Total liabilities
124
132
TNAV per share
Closing EUR/GBP FX rates
€7.87
€8.21
0.89
0.85
.
Dec 2018 Dec 2019
.
Liquidity Coverage Ratio
136%
138%
Net Stable Funding Ratio
130%
131%
•
Loan to Deposit Ratio
97%
95%
Bank of Ireland
25View entire presentation