Financial Strategy and Ecosystem Platform Expansion
Balance sheet composition
Total assets
€ bn
24.55
24.96
2.36
2.28
21.51
Other assets
(including HFS)
1.21
1.26
2.21
0.48
0.44
REMU properties
1.46
0.88
Legacy net loans
ހ
9.37
9.28
AIEA Mix
4Q2021
€ bn
Total equity & liabilities
24.55
24.96
1.30
1.28
Other
21.51
2.08
2.09
Equity
0.64
1.25
0.65
\Wholesale
2.07
2.98
2.97
Funding from
0.27
1.00
0.40
0.46
Central Bank
0.39
Due to banks
1
Non-legacy net loans
9.00
Non- legacy¹
2.14
2.14
43% net loans
0.28
0.29
2
Securities
1.91
Liquids 54%
AIEA:
€21.6 bn
16.53
17.13
17.53
Customer
deposits
Due from banks
0.40
8.75
9.23
Cash and balances
5.65
with Central Banks
31 Dec 2020
30 Sep 2021 31 Dec 2021
3%
Legacy
net loans
31 Dec 2020
30 Sep 2021
31 Dec 2021
Balance sheet size increased by c.€0.4 bn qoq to €24.96 bn driven by 2% increase of customer deposits
•
54% of AIEA held in liquids resulting in a dilutive impact on NIM
•
Non-legacy net loans¹ increased by 1% to €9.37 bn, driven mainly by increased demand for housing and corporate loans
•
Pro forma for HFS, legacy net loans and REMU properties reduced to €0.44 bn and €1.21 bn respectively
1)
Net loans of Corporate (incl. IB and W&M and Global Corporate), SME, Retail, and H/O
2)
Debt securities, treasury bills and equity investments
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