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%)
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