Bank of Ireland 2020 Debt Investor Presentation
Capital - Strong fully loaded and regulatory CET1 ratios Bank of Ireland 2020 Debt Investor Presentation
Capital ratios - Dec 2020
Total equity
Less Additional Tier 1
Deferred tax
Intangible assets and goodwill
Foreseeable dividend
Expected loss deduction
Pension Fund Asset
IFRS 9 Regulatory Addback
Other items¹
Common Equity Tier 1 Capital
Credit RWA
Operational RWA
Market, Counterparty Credit Risk and Securitisations
Other Assets / 10% / 15% /threshold deduction
Total RWA
Common Equity Tier 1 ratio
Total Capital Ratio
Leverage ratio
Phasing impacts on Regulatory ratio
Regulatory ratio Fully loaded ratio
(€bn)
(€bn)
9.6
9.6
(1.0)
(1.0)
(0.7)
(1.1)
(0.5)
(0.5)
0.0
0.0
(0.1)
0.0
(0.1)
(0.1)
0.4
0.0
(0.4)
(0.5)
7.2
6.4
38.0
37.8
4.2
4.2
2.2
2.2
3.9
3.7
48.4
48.0
14.9%
13.4%
19.2%
18.0%
7.1%
6.4%
•
.
Deferred tax assets - certain DTAs² are deducted at a rate of 60% for 2020, increasing annually at a rate of 10% thereafter
until 2024
IFRS 93 - the Group has elected to apply the transitional arrangement. The transitional arrangement allows a 100% addback
for impairment charges on Stage 1 and 2 loans in 2020 and 2021, decreasing to 75%, 50%, and 25% in subsequent years
1 Includes other capital deductions, principal ones being prudential valuation adjustment; 10% / 15% deduction and calendar
provisioning deduction
2 Deferred tax assets due to temporary differences are included in other RWA with a 250% risk weighting applied
3 This includes an addback for the day one impact of IFRS 9 of 70% in 2020, decreasing to 50% and 25% in subsequent years
Bank of Ireland
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