2019 Interim Results Credit Presentation
ROI Mortgages
Continued proactive arrears management
>90 days arrears¹
Industry
Average
Industry
Average
17.3%
7.1%
Bank of
Ireland
2.1%
Owner Occupier
Owner Occupier
Bank of
Ireland
4.9%
Buy to let
Buy to let
>720 days arrears¹
Industry
Average
>90 days arrears
.
2019 Interim Results Credit Presentation
Bank of Ireland is significantly below the industry average
for both Owner Occupier (30% of industry average) and
Buy to Let (28% of industry average)
>720 days arrears
•
Bank of Ireland is significantly below the industry average
for both Owner Occupier (24% of industry average) and
Buy to Let (18% of industry average)
NPE Resolution strategies
• Continued progress on reduction in Irish mortgage NPES,
c.€0.5bn reduction in H1 2019
• Securitisation of Irish BTL mortgage NPES (c.€0.4bn) was
executed in April 2019
Industry
Average
13.4%
.
4.6%
Bank of
Ireland
Bank of
Ireland
2.4%
1.1%
Owner Occupier
Owner Occupier
Buy to let
Buy to let
Further c.€0.2bn of loans prioritised for transaction in
H2 2019
• NPE reduction strategies will be kept under review
to respond to the associated and evolving regulatory
framework
1 As at March 2019, based on number of accounts, industry average excluding BOI
Bank of Ireland
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