Investor Presentaiton
UK Customer Loans £28.6bn (€33.4bn)
Bank of Ireland Group
UK Mortgages - £20.4bn
Scotland,
£0.9bn
Northern Ireland,,
£0.9bn
Rest of England,.
£8.7bn
53%
Wales,
£0.8bn
Greater
London,
£4.3bn
Outer
Metropolitan,
£2.7bn
South East,
£2.1bn
Other UK Customer Loans - £8.2bn
102%
49%
66%
144%
£1.7bn
£0.01bn
£2.8bn
£1.9bn
£0.00bn
£0.5bn
£1.6bn
£0.2bn
£2.3bn
£1.9bn
£1.4bn
£0.2bn
£1.7bn
20.1bn
£0.1bn
Land &
Development
Coverage ratio
Consumer
SME
Corporate
Investment
Property
Performing Loans Defaulted Loans
UK Mortgages Analysis
Total UK mortgages of £20.4bn; (NPLs1 - 3%; Defaulted loans - 1%)
Average LTV of 62% on total book
► Average LTV of 71% on new mortgages
UK mortgage book continues to perform in line with industry
averages²
87% of mortgages originated since 2010 are standard owner
occupier mortgages
BTL book is well seasoned with 84% of these mortgages
originated pre 2009
Average balance of Greater London mortgages is c.£196k.
89% of these mortgages have an average LTV <70%
Other UK Customer Loans Analysis
Other UK loans exposure of £8.2bn; Defaulted loans of £0.8bn
with strong coverage ratios. Investment Property defaulted
loans have decreased by 65% 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 (53%), Office (12%), Residential
(16%) Other (19%)
► Consumer: largest segment is asset backed motor
financing of £1.0bn (56%). Book also includes Post Office /
AA branded credit cards and personal loans
'Non-performing loans includes defaulted loans plus probationary mortgages (i.e. primarily mortgages that were previously defaulted but which are
no longer defaulted at the reporting date; the mortgages are awaiting the successful completion of a 12 month probation period)
2Data published by the Council Mortgage Lenders (CML) for September 2016 indicates that the proportion (1%) of the UK mortgage book in default remains aligned to the UK industry average of 1%
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