Aib Group Plc · EURONEXT:A5G
Aib — Debt Investor Presentation (December 2017)
6 slides from Aib's debt investor presentation, December 2017
Slide 1: Forward Looking Statement
Forward Looking Statement This presentation should be considered with AIB’s Annual Financial Report 2016, Trading Update April 2017 and all other relevant market disclosures, copies of which can be found at the following link: http://aib.ie/investorrelations Important Information and forward-looking
Slide 2: Capital Requirements
Capital Requirements Steady-state target CET1 range of 13% CET1 - Q3, 2017 & SREP Target CET1 Range Minimum capital requirements / SREP(1)(2) 17.6% 13.0% • 9.525% Preliminary(3) CET 1 requirement for 2018 is composed of Min CET1 (%) • 4.50% Pillar 1 CET1 11.65% MDA 1.50% CET1 / • 3.15% Pillar 2 Requ
Slide 3: HoldCo structure
HoldCo structure HoldCo on track to be in place by end 2017 On track to be completed by end of 2017 Group legal structure post implementation of HoldCo • Preferred resolution strategy is single point of entry strategy through HoldCo (AIB Group plc) AIB Group plc HoldCo • All required regulatory appr
Slide 4: Minority interest restriction
Minority interest restriction Impact of minority interest Q3, 2017 – Capital Ratios Pro-forma impact at AIB Group plc. level Q3, 2017 – Fully Loaded Transitional • No impact on CET1 Capital Ratios % % • Minority interest restriction – a portion of the AT1 and T2 instruments that are issued out of Al
Slide 5: MREL
MREL Indicative MREL target MREL calculation(1) MREL 29.05% 2.75% Market confidence • AIB MREL indicative target 29.05% charge(2) • based on SRB published methodology for MREL 3.15% calculation Recapitalisation • The Capital Conservation Buffer (CCB) and Other 8.00% amount Systemically Important Ins
Slide 6: Credit Ratings
Credit Ratings Improving Credit Ratings AIB Credit Ratings – Investment Grade ratings for Allied Irish Bank p.l.c. Allied Irish Bank p.l.c. – BBB– (Stable) Baa2 (Stable) BBB- (Positive) Long Term Issuer Rating Jan 2017: S&P upgraded AIB’s June 2017: Moody’s upgraded long term rating by one notch to
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