H1 2020 Credit Presentation
UK Customer Loans £29.1bn (€31.7bn)
UK Mortgages - £19.6bn
South East
£2.0bn
Wales
£0.8bn
Scotland
£1.2bn
■Rest of England
£9.1bn
Greater
London
£3.3bn
Northern
Ireland
£1.1bn
Outer
Metropolitan
£2.1bn
Other UK Customer Loans - £9.5bn
£0.1bn
£3.1bn
£0.1bn
£0.5bn
£1.3bn
SME
Corporate
£0.1bn
£3.0bn
£1.0bn
Investment
Property
£0.2bn
Land &
Development
Consumer
Performing loans Non-performing exposures
Bank of Ireland H1 2020 Credit Presentation
UK Mortgages Analysis - £19.6bn
•
.
.
Total UK mortgages of £19.6bn; (NPES: 3.1%):
Average LTV of 62% on existing stock at Jun 2020 (Dec 19: 63%)
Average LTV of 71% on new UK mortgages in H1 2020 (2019:
73%)
68% of the current mortgage portfolio originated since January
2010 are standard owner occupier mortgages
BTL book is well seasoned with 62% of these mortgages
originated prior to January 2010
Average balance of Greater London mortgages is c.£194k, with
91% of Greater London mortgages having an indexed LTV <70%
Other UK Customer Loans Analysis - £9.5bn
Non-performing exposures of £0.8bn with strong coverage ratios
Performing loans of £8.7bn:
SME: broad sectoral diversification with low concentration risk
Corporate: specialist lending teams in Acquisition Finance and
Corporate lending through a focused sector strategy
Investment Property: primarily retail, office and residential
sectors
Consumer (£3.1bn):
Northridge (£1.9bn): Asset backed motor finance business;
net loan book stable in H1 2020; mid-market targeting
prime business only; below industry arrears and loan
losses
Personal loan volumes (£1.2bn): net loan book increase of
£0.1bn in H1 2020
Bank of Ireland
50View entire presentation