2019 Interim Results Credit Presentation
Regulatory Capital Requirements
2019 Interim Results Credit Presentation
Range
4.50%
1% -2.25%²
2.50%
2017
4.50%
2.25%
1.25%
2018
CBI
0% - 2.50%
FPC (UK)
0% - 2.50%
0.30%
2019 2020
4.50% 4.50% 4.50% 4.50%
2.25% 2.25% 2.25% 2.25%
1.88% 2.50% 2.50% 2.50%
0.30% 0.90% 0.90% 0.90%
0.60% 0.60% 0.60%
0.30% 0.30% 0.30%
2021
Fed/Various
0% - 2.50%
CBI
Minister for Finance
0% - 2.00%
0% - 3.00%
8.00% 8.93%
0.50% 1.00% 1.50%
TBC TBC
10.65% 11.15% 11.65%
Not disclosed in line with regulatory preference
Pro forma CET1 Regulatory Capital Requirements Set by
Pillar 1 - CET1
Pillar 2 Requirement (P2R)
Capital Conservation Buffer (CCB)
Countercyclical buffer (CCyB)1
Ireland (c.60% of RWA) (from 5 July 2019)
UK (c.30% of RWA) (from November 2018)
US and other (c. 10% of RWA)
O-SII buffer (from 1 July 2019)
Systemic Risk Buffer - Ireland
Pro forma Minimum CET1 Regulatory Requirements
Pillar 2 Guidance (P2G)
CRR
SSM
CRD
Regulatory Capital Requirements
• A minimum CET1 ratio of 10.65% on a regulatory basis
• The Central Bank of Ireland has requested the power to introduce a Systemic Risk Buffer (SyRB) in Ireland under Article 133 of CRD
IV which could increase the minimum regulatory capital demand. The size, timing and application of any potential SyRB are currently
unknown
Pillar 2 Guidance (P2G) is not disclosed in accordance with regulatory preference. The increase in Capital Conservation Buffer (CCB) in
2019 was offset by a like for like reduction in the P2G. In addition the P2G reduced for 2019 following the outcome of the 2018 EBA
Stress Test
1 CCyB could be set in excess of 2.50% in exceptional circumstances. A change in the CCYB could also be implemented in less than 12 months
in exceptional circumstances
2 This is the expected range for P2R, which is subject to annual review
Bank of Ireland
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