2019 Interim Results Credit Presentation
UK Customer Loans £28.6bn (€31.9bn)
UK Mortgages - £19.4bn
Scotland,
£1.1bn
Northern Ireland,,
£1.0bn
Rest of England,,
£9.0bn
Wales,
£0.7bn
Other UK Customer Loans - £9.2bn
£0.1bn
2019 Interim Results Credit Presentation
Greater
London,
£3.5bn
Outer
Metropolitan,
£2.2bn
South East,
£1.9bn
£0.1bn
£3.1bn
Consumer
UK Mortgages Analysis - £19.4bn
. Total UK mortgages of £19.4bn; (NPES: 2%)
Average LTV of 62% on total book (2018: 62%)
Average LTV of 74% on new mortgages (2018: 72%)
• 70% of the current mortgage portfolio originated since January 2010
are standard owner occupier mortgages
BTL book is well seasoned with 69% of these mortgages originated
prior to January 2010
Average balance of Greater London mortgages is c.£190k, with 92%
of Greater London mortgages having an indexed LTV <70%
Other UK Customer Loans Analysis - £9.2bn
Non-performing exposures of £0.4bn with strong coverage ratios
Performing loans of £8.8bn;
SME: broad sectoral diversification with low concentration risk
Corporate: specialist lending teams in Acquisition Finance, Project
Finance, and Corporate lending through a focused sector strategy
Investment Property: primarily Retail, Office and Residential sectors
Consumer (£3.2bn):
Northridge (£1.7bn): Asset backed motor finance business; net
loan book increase of £0.3bn in H1 2019; mid-market targeting
prime business only; below industry arrears and loan losses
Personal loan volumes (£0.9bn): net loan book increase of
£0.2bn in H1 2019; improved credit risk process has driven
increase in customer applications and drawdowns
Credit cards (£0.5bn): classified as held for sale as at Jun 2019
Bank of Ireland
£0.1bn
£0.1bn
£2.7bn
£1.3bn
£1.5bn
SME
Corporate
Investment
Property
£0.2bn
Land &
Development
Performing loans Non-performing exposures
50
50View entire presentation