Investor Presentaiton
ROI Mortgages
Continued proactive arrears management
>90 days arrears¹
Industry
Average
Industry
Average
17.4%
7.4%
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
Bank of
Ireland
Industry
Average
13.0%
Bank of
Ireland
4.6%
1.1%
Owner Occupier
Owner Occupier
Buy to let
Buy to let
2.6%
>90 days arrears
.
Bank of Ireland 2018 Results Announcement
Bank of Ireland is significantly below the industry average
for both Owner Occupier (28% 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 (20% of industry average)
NPE resolution strategies
• Continued progress on reduction in ROI mortgage NPES,
c.€0.4bn reduction in 2018
• Portfolio of Buy to Let mortgage NPEs prioritised for
alternative resolution strategies e.g. potential securitisation
and/or sale
-
Loans of c.€0.6bn - €0.8bn;
Net Interest Income of c.€10m - €14m
CET1 Capital Intensity of c.30bps - 50bps
1 As at September 2018, based on number of accounts, industry average excluding BOI
Bank of Ireland
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