Bank of Ireland H1 2020 Credit Presentation slide image

Bank of Ireland H1 2020 Credit Presentation

Macro-economic outlook increasing Stage 2 balances Bank of Ireland H1 2020 Credit Presentation 1.6% €80.5bn €0.1bn €3.1bn €5.6bn €71.8bn Dec 19 Gross loans by stage €78.5bn €0.1bn €4.4bn €11.3bn €62.7bn Jun 20 Stage 1 Stage 2 Stage 3 POCI ILA movement 2.7% Macro-economic outlook increasing Stage 2 loans • €5.7bn increase in Stage 2 loans since Dec 2019 reflecting deteriorated macro-economic outlook: Non-property SME and corporate portfolio Stage 2 loans increased €3.7bn - Property and construction Stage 2 loans increased €1.9bn Stage 3 loans of €4.4bn, increase of €1.3bn since Dec 2019: €0.9bn increase from implementation of new Definition of Default; remainder from credit migration in corporate and property portfolios ILA increased by €0.8bn to €2.1bn since Dec 2019: - €0.5bn increase on performing loan books €0.3bn increase in Stage 3 ILA from credit migration in Non-property SME and corporate and Property and construction portfolios €1,308m €337m €477m €2,122m Dec 19 Stage 1/2 Stage 31 Jun 20 ILA % of gross loans 1 Includes Purchased Other Credit Impaired (POCI) Bank of Ireland 18
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