Bank of Ireland 2020 Interim Results slide image

Bank of Ireland 2020 Interim Results

Capital and liquidity Bank of Ireland 2020 Interim Results 48 48 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
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