Bank of Ireland Q1 2020 IMS Presentation
Strong track record on credit risk management;
lowest NPE ratio of any Irish bank
NPEs by portfolio¹
Mortgages
(ROI)
€1.5bn
€1.4bn
Non-property SME
€0.9bn
and Corporate
€0.8bn
Property and
€0.6bn
Construction
€0.6bn
Mortgages
€0.5bn
(UK)
€0.5bn
Consumer
(ROI & UK)
€0.1bn
€0.1bn
Dec 19 Mar 20
ROI Mortgages >90 days arrears³
Industry
Average
Mar 20
Coverage Ratio
26%
59%
38%
14%
Bank of Ireland Q1 2020 IMS Presentation
Non-performing exposures (NPEs)
.
•
NPE ratio reduced by a further 20bps to 4.2%
Group NPE coverage ratio increased to 39%² (Dec 19: 37%)
Proven track record of working with customers to implement
sustainable solutions
NPE transactions dependent on market conditions
ROI Mortgages >90 days arrears
•
Bank of Ireland consistently below the industry average:
-
Owner Occupier (28% of industry average)
Buy to Let (23% of industry average)
Industry
•
Average
15.9%
6.7%
Bank of
Ireland
Bank of
Ireland
Similar relationship between Bank of Ireland and industry for
>720 day arrears
3.7%
1.9%
Owner Occupier
Owner Occupier
Buy to let
Buy to let
1 See appendix for further portfolio breakdown
2 Figures do not reflect COVID-19 management overlay
3 As at December 2019, based on number of accounts, industry average excluding BOI
Bank of Ireland
16View entire presentation