Investor Presentaiton
Strong growth in loan book
Continued growth in HNW & Other Private client lending and increased
activity across corporate lending portfolios
£'mn
2,500
HNW and other
Property
Net Core Loans
■FY2021
■FY2022
Corporate & Other lending
4,000
3,500
3,000
2,000
1,500
1,000
500
30%
private client lending
4,158
2,331
2,169
I.....
0
Mortgages
13%
984
HNW and
specialised
lending
13%
20%
Lending Asset finance
collateralised
by property
31%
1,849
▼ 2% 1,255
▲ 3%
514
▼ 12% 425
Corporate & Fund finance
acquisition
finance
Power and
infrastructure
finance
Other
corporate &
other lending
Asset-based
lending
390
▲ 17%
11% 348
Aviation
fihance
Net core loans up 17.0%, or 18.5% excluding Australia
■ Strong growth in mortgages driven by continued client
acquisition
High turnover across corporate lending largely driven by new
clients
Good traction in Private Banking resulted in strong growth in
Mortgages in the period to 31 March 2022, focused on target clients
with lending in established areas (London and the South East) with
recourse to principal and high level of cash equity contributions into
transactions.
The credit loss ratio for this portfolio has averaged c.5bps over the
last 10 years, indicative of the quality of the underlying franchise.
The Corporate & Other lending book grew by 12% since 31 March
2021 to £7.0bn. Lending activity increased across portfolios,
supported by new client acquisition as we continue to build scale and
relevance in our client franchises, and repeat business with existing
clients.
We also experienced continued success with our origination and
distribution strategy, particularly in the lending areas of Fund
Solutions, Power and infrastructure finance and Growth & Leverage
finance, generating additional ROE-accretive revenue and mitigating
concentration risk.
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1 Other corporate & other lending includes: Other corporates and financial institutions and governments (and Resource finance in Mar-21).View entire presentation