Bank of Ireland 2020 Interim Results slide image

Bank of Ireland 2020 Interim Results

Strong capital position 40bps (65bps) RWAS €49.9bn 45bps 13.8% Fully loaded CET1 ratio Impairment EL offset (190bps) 90bps RWA reduction 35bps Net impact (65bps) Bank of Ireland 2020 Interim Results (15bps) (15bps) (60bps) 40bps 10bps RWAS €47.6bn (20bps) Regulatory capital demand 13.6% Dec 19 Pre-impairment organic capital generation¹ 2019 Dividend Credit deterioration Loan Growth/ RWA² Transformation investment Definition of Default / IRB models SME supporting factor Other / Pension Jun 20 Headroom to 2020 CET1 regulatory capital requirements 2020 Regulatory Requirements (excl. P2G) 13.6% Jun-20 Fully Loaded CET1 Ratio 9.27% 14.9% Jun-20 Regulatory CET1 Ratio c.560bps headroom Strong capital position • Fully loaded CET1 ratio +10bps since Q1 2020 Regulatory CET1 ratio +50bps since Q1 2020 2% reduction in RWA density Outlook 2020 regulatory CET1 ratio to remain above 13.5% • No dividend deduction assumed for 2020 1 Pre-impairment organic capital generation primarily consists of attributable profit excluding impairment and movements in regulatory deductions 2 Loan Growth / RWA movements from net loan growth, changes in asset quality and book mix and movements in other RWAS Bank of Ireland 30
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