Investor Presentaiton slide image

Investor Presentaiton

UK Customer Loans £28.0bn (€31.6bn) UK Mortgages - £20.0bn Scotland, Northern Ireland, £1.0bn Rest of England, £8.8bn £1.0bn Wales, £0.8bn Greater London, £4.0bn Outer Metropolitan, £2.5bn South East, £2.0bn Other UK Customer Loans - £8.0bn 39% 85% 42% 53% 67% £0.02bn £0.02bn £0.4bn £0.1bn £2.1bn £1.8bn £2.1bn £1.4bn £0.04bn £0.14bn SME Corporate Investment Property Performing loans Non-performing exposures Land & Development Consumer Impaired loans coverage ratio UK Mortgages Analysis - £20.0.bn Total UK mortgages of £20.0bn; (NPES - 2%; impaired loans - 1%) Average LTV of 62% on total book (2016: 62%) • Average LTV of 72% on new mortgages (2016: 71%) • UK mortgage book continues to perform in line with industry averages¹ • 83% of mortgages originated since 2010 are standard owner Occupier mortgages BTL book is well seasoned with 77% of these mortgages originated pre 2009 Average balance of Greater London mortgages is c.£195k. 89% of Greater London mortgages have an average LTV <70% Other UK Customer Loans Analysis - £8.0bn Impaired loans of £0.6bn with strong coverage ratios. Investment Property impaired loans have decreased by 67% in the last 2 years Performing loans of £7.4bn; • • SME: broad sectoral diversification with low concentration risk Corporate: specialist lending teams in Acquisition Finance, Project Finance, and Corporate lending through a focussed sector strategy Investment Property: Retail (50%), Office (14%), Residential (15%) Other (22%) Consumer: largest segment is asset backed motor financing of £1.1bn. Book also includes Post Office / AA branded credit cards (£0.6bn) and personal loans (£0.4bn) Bank of Ireland Group 'Data published by the Council of Mortgage Lenders (CML) for September 2017 indicates that the proportion of the Retail UK mortgage book in default (defined for CML purposes as greater than 90 days but excluding possessions and receivership cases) is in line with the UK industry average of 1% across all segments (Retail UK equivalent: 1%) 43
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