Financial and Mortgage Portfolio Overview
Lending volume growth across all business units
Credit quality remains strong and highly collateralised loan portfolio
Loans to customers
+4.1%
Loans to customers
By business division, ISKbn
By sector, with tourism as a separate sector
1,090
1,081
1,087
1,108
1,154
368
351
347
347 -+2.0%
354
40%
42%
42%
43%
43%
239
235
237
244
+6.6%
260
11.6%
16%
11%
11%
76%
11%
11%
10%
10%
10%
8%
8%
483
495
502
517
-+4.4% - 540
6%
6%
6%
7%
7%
7%
9%
9%
9%
59896
15%
10%
15%
10%
9%
6%
8%
9%
5669689
10%
10%
9%
6%
8%
9%
30/6/21
30/9/21
31/12/21
31/3/22
30/6/22
30/6/21
30/9/21
31/12/21
31/3/22
30/6/22
■Mortgages to individuals
Individuals
■Corporate & Investment Banking
■Business Banking
Personal Banking
Real estate
■ Other
■Commerce and services
■Tourism
■ Seafood
■Industrial and transportation
LTV distribution by underlying asset class
30.6.2022, loan splitting approach, ISKbn
200
180
160
140
120
100
80
60
40
20
0
0-10%
10-20%
20-30%
30-40%
40-50%
Average LTV:
61%
50-60%
60-70%
70-80%
■Residential real estate
Vehicles & equipment
■Commercial real estate
■Cash & securites
■ Vessels
Other collateral
%06-08
90-100%
>100%
Mortgage portfolio¹
Gross carrying amount, 30.6.2022
5%
29%
■CPI linked floating
34%
■CPI linked 5Y fixed
ISK 497bn
31%
1. NIL stands for non-index linked loans.
■NIL floating
■NIL 3-5Y fixed
11
August-September 2022View entire presentation