Bank of Ireland H1 2020 Credit Presentation
Capital and liquidity
Bank of Ireland H1 2020 Credit Presentation
Funding and liquidity remains strong from stable
customer deposits and MREL issuance
Customer deposits: €86.5bn
Growth of €2.5bn principally due to higher current
account credit balances predominantly from the impact
of COVID-19 restrictions and lower consumer spending
Wholesale funding: €9.5bn
•
AT1 and senior debt issuance of c.€0.75bn during H1
2020
MREL ratio of 24.4% based on RWA at Jun 2020
Leverage Ratio
Fully Loaded Leverage Ratio: 6.3%
Regulatory Leverage Ratio: 6.8%
Tangible Net Asset Value
TNAV decreased to €7.97
Liquidity
Dec 2019 Jun 2020
(€bn)
(€bn)
Customer loans
Liquid assets
Other assets
Total assets
79
77
27
29
26
26
132
132
Customer deposits
84
87
Wholesale funding
11
10
10
Shareholders' equity
10
9
•
Other liabilities
27
26
Total liabilities
132
132
TNAV
per share
Closing EUR/GBP FX rates
€8.21
€7.97
•
0.85
0.91
Dec 2019 Jun 2020
Liquidity Coverage Ratio
138%
149%
Net Stable Funding Ratio
131%
135%
Loan to Deposit Ratio
95%
89%
Bank of Ireland
30View entire presentation