Investor Presentaiton
ROI Mortgages: €24.6bn
Bank of Ireland Group
Owner Occupied Non-performing loans
32%
33%
€1.6bn
€1.4bn
€0.4bn
€0.3bn
€1.2bn
€1.1bn
Dec 15
Jun 16
Defaulted Loans Probationary Mortgages
Coverage Ratio
Buy to Let Non-performing loans
48%
€1.4bn
€0.3bn
€1.1bn
Dec 15
Defaulted Loans Probationary Mortgages
49%
€1.2bn
€0.3bn
€0.9bn
Jun 16
Coverage Ratio
Portfolio Performance
Reduced NPLs1 by €0.4bn to €2.6bn in H1 2016
Defaulted loans component of €2.0bn; down 49% since
reported June 2013 peak
Continued trend of probationary mortgages returning to
performing status
€22.6bn or 92% of mortgages at H1 16 are on a capital
and interest repayment basis (Dec 15: 91%)
Impairment credit of €71m in H1 2016 reflects ongoing
improvement in portfolio performance
Coverage ratio of 40% (Dec 15: 39%)
93% of mortgage accounts are in the up to date book; 9
out of 10 accounts in forbearance are meeting the terms
of their arrangement
Industry Comparison
BOI OO arrears (3.52%) at 38% of industry level2 (Dec 15:
43%); BOI BTL arrears (8.78%) at 47% of industry level³
(Dec 15: 56%)
BOI OO arrears >720 days reducing and at 34% of
industry level (Dec 15: 37%); BOI BTL arrears >720 days
reducing and at 37% of industry level 5 (Dec 15: 43%)
'Non-performing loans comprise 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)
2At March 2016, BOI owner occupied arrears level (based on number of accounts >90 days in arrears) was 3.52% compared to 9.28% for industry excl BOI
3At March 2016, BOI buy to let arrears level (based on number of accounts >90 days in arrears) was 8.78% compared to 18.74% for industry excl BOI
"At March 2016, BOI owner occupied arrears (based on number of accounts >720 days in arrears) was 1.89% compared to 5.62% for industry excl BOI
5At March 2016, BOI buy to let arrears (based on number of accounts >720 days in arrears) was 4.73% compared to 12.74% for industry excl BOI
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