The Bank awaits confirmation of a new MREL decision by early 2021 based on the Bank Resolution and Recovery Directive 2 (BRRD2) framework. The Bank has received confirmation of revised MREL requirements, reflecting the reduction in the Counter Cyclical Buffer (CCyB) from 1% to 0%, and has been given an extended transitional period of six months to 30 June 2021 to comply with this requirement. Social distancing and increased hygiene measures remains an important feature in all of our branches nationwide. 16 July 2020. Reports PDF. Current records show that c.50%. STRONG RESILIENCE IN UNPRECEDENTED HEALTH CRISIS. Q3. Lower business activity in quarter two has impacted gross lending volumes; however July has shown more positive signs of recovery, we anticipate 2020 new lending could be c. 40% lower than 2019 volumes (€1.7bn). Achieving cost reductions in the current economic environment will prove challenging; however, the Bank retains its outlook that operating costs will remain stable in 2020; the Bank is committed to delivering cost savings in the medium term. Half Year 2020. Find out more . The forward-looking statements referred to in this paragraph speak only as at the date of this announcement. Looking ahead, the outlook remains uncertain, recovery being dictated by the containment of the Covid-19 virus and the Government led phases of reopening of the economy. Permanent TSB Group Holdings plc announces Interim results for 2020. The deterioration in economic conditions has led to a total Expected Credit Loss (ECL) of €75m for H1’20, which compares to a €5m charge at H1’19. TSB research finds almost three quarters of people struggle to identify common scams, with young people most at risk. half year results for the six months ended 30 june 2020 Permanent TSB Group Holdings plc (“PTSB”, “the Bank”) today reports its half year results for 2020. The most recent data shows that c.50%. March and April 2020 saw a sharp decline in activity, but since then there has been a stabilisation, and in recent weeks a recovery in transactional activity. Webcast HTML. download pdf file of Q3 Results 2020. The Bank undertakes no obligation to release publicly any revision or updates to these forward-looking statements to reflect future events, circumstances, unanticipated events, new information or otherwise except as required by law or by any appropriate regulatory authority. Presentation summary PDF. Total new lending of €0.6bn reduced by 16% YoY as Covid-19 impacted all new lending activity; new mortgage lending of €0.5bn reduced by 14% YoY while the new lending market reduced by 16%. However, I am confident of the Bank’s ability to remain resilient, to continue to support our customers, colleagues and communities building on our well established franchise in the Irish market. Non-performing loans of €1.1 billion at 30 June 2020 remain broadly in line with the balances at December 2019, where organic cures were offset by new defaults. Q1. Available files for 2020 . We use cookies to give you the best browsing experience and provide you with more tailored information. Interim Results September 2020 We have over 10 years of financial records available to download. TSB Bank plc announces 2020 half-year results. Make social videos in an instant: use custom templates to tell the right story for your business. Webcast (opens in new window) Interim Results quick read 1Q 2020 update 28 Apr 2020 . July, 28th 2020 - 08:00 am. The impact of Covid-19 remains uncertain and therefore the Bank is maintaining a prudent approach to the loan portfolio including the future impact from Payment Breaks. Payment Breaks on Mortgage and Term Loan accounts for a period of up to 6 months. Net debt increased to CHF 33.4 billion as at June 30, 2020, compared to CHF 27.1 billion at December 31, 2019. RESULTS FOR THE HALF-YEAR "The impact of the coronavirus pandemic in the first half of 2020 has been profound on the way we live our lives and on the global economy. The reopening of the economy, recent declines in unemployment data, the resilience of the housing market and a Government Stimulus Programme now in place, shows more encouraging indicators than previously anticipated. Commenting on the results, Sir Anthony Habgood, Chair, said: “Despite the challenging environment, RELX has continued to pursue its strategic priorities successfully. Management profit before tax, excluding IT migration costs, of £57.6 million decreased by 27.9% versus H1 2018, largely due to pressures on margins and higher costs of regulatory programmes. DS Smith Plc today announces its half year results for the six months to 31 October 2020. Q2 - half year. RELX, the global provider of information-based analytics and decision tools, reports interim results for the six months to 30 June 2020. This announcement contains forward-looking statements, which are subject to risks and uncertainties because they relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts. NIM is expected to decline to low 170 basis points, reflecting the low interest rate environment and growth in liquid assets. 1Q 2020 Earnings Release. Based on the most recent regulatory guidance, reducing the Counter Cyclical Buffer from 1.0% to 0% and a reduction in the Bank’s P2R as a result of the introduction of the CRDV Regulatory amendments, the Bank's CET1 regulatory requirement has reduced from 11.45% to 8.94%, Total Capital regulatory requirement has reduced from 14.95% to 13.95%, both on a transitional basis. SC95237. In the first half, the Group repurchased CHF 4.2 billion of Nestlé shares as part of the three-year CHF 20 billion share buyback program, which began in January. Q4 - full year. Title Trading Update Announcement PDF. TSB Bank plc announces 2020 half-year results. Against a challenging economic backdrop, TSB has focused relentlessly on supporting customers and small businesses through accelerating delivery of its digital banking functionality. Plus. Copyright © 2021 Permanent TSB Group Holdings p.l.c. Operating profit before impairment and exceptional items of €23m, Total new lending volumes of €0.6 billion; decreased by 16% year-on-year (YoY), Market share of new mortgage lending at 15.2%, Operating cost of €142m; 2% lower YoY; Regulatory Charges of €20m. Pillar 3 Supplement Q3 2020 download pdf file of Pillar 3 Supplement Q3 2020. We have put that purpose into action and put in place a range of supports, including; c.10.5k mortgage payment breaks; term loan payment breaks; temporary overdraft and credit card limit increases; and over €1m in incentives and rewards back to customers. The Bank's funding position remains strong. Net interest income from our performing loan book was stable in H1 2020 supported by the active management of the Bank's cost of funds, partly offset by reduced income from non-performing loans (NPLs) due to loan sales in H2 2019 and lower income from the maturities of higher yielding treasury assets. Permanent TSB has plunged to a €57 million loss for the first half of 2020. Broadcast your events with reliable, high-quality live streaming. In my first six weeks as CEO of Permanent TSB, I have set out a new purpose for the organisation which is centred on building trust with our customers and connecting with the Bank’s community heritage. The MVR (Managed Variable Rate) for existing customers will also reduce by up to 0.35%. Barclays has published its Half Year 2020 Results Jes Staley, Group CEO said “This has been a period focussed on supporting our customers, clients and the UK economy through the COVID-19 pandemic – providing the people and businesses that we serve with a bridge to recovery in every way we can. These rate reductions go a long way to addressing the discrepancy which traditionally existed between pricing for new and existing mortgage customers. Q1. Expected organic lending growth and the adoption of the regulatory change to a 90-day definition of default on the mortgage portfolio, required for all UK banks by the end of 2020, is expected to result in a reduction in the CET1 ratio to circa 16% in 2020. 3 July 2020 As customers embraced the Government imposed lockdown, the Bank saw new business volumes and transactional banking activities reduced to levels lower than the Bank has seen in recent years, but we are pleased to say that volumes have increased again as the phased approach to opening up the Irish economy emerges. 4 July 2020. External link of Results archive 2020 01-May-2020 Q1 Results 2020 webcast video: download PDF file of Results archive 2020 01-May-2020 Q1 Results 2020 transcript: data-ip3- 2020 07.05.20 CFO Round Table: download PDF file of ... Interim Results for the half year ended June 30 2006: Registered office: Henry Duncan House, 120 George Street, Edinburgh EH2 4LH. Redeployment of over one hundred staff to our contact centres to support in answering customer queries; four new regional centres opened. All ratios are lower than those reported at 31 December 2019 (pro-forma CET1 fully loaded 15.0%; CET1 transitional basis 18.1%; Total Capital transitional basis 19.6%) primarily due to the loss in the period and the increase in the Bank’s risk weighted assets due to the Payment Break population, which remain classified as performing in the period. A replay of the webcast of our presentation and Q&A with investors and analysts is available by clicking here. The Bank has also announced a three-year partnership with the O’Cualann Cohousing Alliance, supporting the agency's work developing affordable housing schemes across the country. The Bank has made significant gains in its Relationship NPS, increasing from +3 at Dec 2019 to +14 at June 2020, placing the Bank first in the market. Digital customers continue to grow with more than 650k active customers online, an increase of c.10% on 2019. The severity and duration of the Covid-19 pandemic and its impact on the economy remains unpredictable. As a measure of prudence, HEINEKEN announced it will deviate from its dividend policy and will not pay an interim dividend following its half-year results. The Bank levy of c. €24 million is due to be paid in the second half of the year. … 4Reel Productions Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 191240. As guided in the Bank’s most recent trading update, the second quarter has been led by the macro-economic environment and the impact this has had on credit provisioning models. 2020 Half-Year Production Report. Fees and commissions have reduced by €1m vs the prior year as Covid-19 had a material impact on transactional activity in April and May 2020 together with an increase in the payment of rewards to customers. Please select a financial year from the links below to view the reports available for each period. Half year results statement: 16 Apr 2020: H1 2020 Trading update: 21 Jan 2020: Q1 2020 Trading Update: Archive. At the same time, the Bank’s capital ratios and liquidity levels with a CET1 ratio (fully loaded) of 13.9% and a liquidity coverage ratio of 208% respectively, remain above management and regulatory minimums. Get your team aligned with all the tools you need on one secure, reliable video platform. Find out more . In addition, we have kept all of our 76 branches open to serve our customers, we are supporting valuable societal and citizenship projects, such as our recent partnership with Ó Cualann Cohousing Alliance and in recent days, the Bank has announced significant reductions to our Fixed and Variable mortgage rates for both new and existing customers, rewarding our customers and allowing us to compete effectively in the market. Net other income has reduced due to lower gains from the sale of properties in possession in H1 2020 compared to H1 2019. Glencore plc released its 2020 Half-Year Production Report on Friday, 31 July 2020. H1 Results 2020 ... Half Year 2020 Form 6-K XBRL data files (zip.) In this regard the Bank reports, in its Interim results, provisions for expected credit losses totalling €75 million reflecting a prudent estimate ahead of what remains an uncertain macro-economic outlook. Looking to the future, TSB is a trusted brand and now operating on a modern banking platform. Performance highlights (unaudited) Underlying performance GAAP measures vs 201 9 vs 201 9 First Half Underlying sales growth (USG ) (0.1)% Turnover €25.7bn (1.6)% Underlying operating margin 19.8% 50bps Operating margi n 18.2% 60bps Total customer deposits with TSB were shown to have increased by 2.6% year-on-year during the six-month period to £29.8bn ($36.9bn), buoyed by a “successful ISA season” which generated an additional £500m ($620m) in new ISA balances. The Bank's Common Equity Tier 1 (CET 1) ratio on a fully loaded basis is 13.9% at 30 June 2020; the CET1 ratio on a transitional basis is 16.5%; and, the Total Capital ratio on a transitional basis is 17.9%. Supporting customers; with priority banking in branch and over the phone for our elderly and vulnerable customers, contactless payment limits were increased from €30 to €50 per transaction, no contactless fees applied, unlimited 10c cashback payments together with Go Rewards, in quarter two, on debit card transactions for Explore Current Account customers. Find out more . As previously indicated; Head of External Reporting & Investor Relations, Head of Corporate Affairs and Communications. Regulatory charges amounted to €20m, an increase of €2m YoY. Underlying operating expenses (excluding regulatory charges and costs associated with Covid 19) of €142m were €3m (2%) lower year on year and within management expectations. Household spending has been curtailed, resulting in substantial build-up of deposits and a reduction in demand for credit. HEINEKEN is well prepared to meet its financial commitments, including the €1 billion bond maturing on 4 August 2020. An online portal facilitating Payment Breaks for customers. All funding and liquidity metrics are above regulatory requirements with the Liquidity Coverage Ratio (LCR) at 208%. Please enable JavaScript to experience Vimeo in all of its glory. We remain fully focused on helping our customers and the UK economy recover, in collaboration with Government and our regulators. SGS 2020 half year results – SGS delivers a resilient financial performance during an unprecedented pandemic. TSB launches market leading personal loan rate. The Bank has announced significant reductions to both fixed and variable mortgage rates for new and existing customers, where they can now avail of fixed rates for terms between 3 and 7 years, with rates as low as 2.95% for a 3 year fixed product. Email Print Friendly ... HEINEKEN announced it will deviate from its dividend policy and will not pay an interim dividend following its half-year results. All 76 branches remain open to meet our customer and community needs; the Bank remains operationally resilient with over 1,200 colleagues working remotely. EVRAZ full year and half-year financial results: press-releases, presentations, conference calls in audio and transcripts. Latest and archived results for Lloyds Banking Group and its main subsidiaries. TSB has revealed plans to close a further 164 of its branches next year, putting 900 jobs at risk. Download Zip file of Half Year 2020 Form 6-K XBRL data files (zip.) 97% of total performing assets are secured residential mortgages; as such, the full year loan loss experience will be directly linked to the emerging macro-economic indicators and impact of payment breaks issued in 2020. THE 2020 HALF YEAR RESULTS FOR THE PERIOD ENDED 30 JUNE 2020. Announcements Presentations Transcripts Webcast Other downloads; Barclays PLC Interim 2020 Results Announcement (PDF 2.5MB) ... Half Year 2019 Fixed Income Results webcast replay: Barclays PLC H1 2019 Results financial tables (XLS 388KB) HY 2019 Results … 10 Dec 2020 07:02 (London Time) DS Smith Half Year Results 2020/21. Net Debt. 31 July 2020. 2020 FIRST HALF YEAR RESULTS . Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Bank or the industry in which it operates, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. In my first six weeks as CEO of Permanent TSB, I have set out a new purpose for the organisation which is centred on building trust with our customers and connecting with the Bank’s community heritage. SOLID OPERATING MARGIN . The Bank approved c.10.5k mortgage payment breaks; c. €1.6bn or 10% of total gross loans. from Permanent TSB Group Holdings plc (“PTSB”, “the Bank”) today reports its half year results for 2020. The loan to deposit ratio was 87% at the end of June 2020. The Bank incurred €4m of Covid 19 costs in its immediate response to ensuring continuity of service, in a safe and secure way, as the country embraced the Government imposed lock down. TSB launches new five-year Fix and Flex mortgage product. Results announcement : pdf ... Q2 - half year. The headline SVR (Standard Variable Rate) will fall by 0.55% (over half a percent) from 4.50% to 3.95%. Capital remains strong, having assessed a range of scenarios, the CET1 ratio will remain well above the Bank's minimum regulatory requirements. Customer deposits of €17.8 billion at 30 June 2020 are €0.6 billion higher than 31 December 2019, with current account balances up 15% from December 2019. TSB Bank plc. Registered in Scotland, no. As a result, H1 2020 market share of mortgage drawdowns was 15.2%. 2020 Half-Year Results Presentation on Thursday, 6 August 2020 TSB Bank plc announces 2020 half-year results 31 July 2020 Against a challenging economic backdrop, TSB has focused relentlessly on supporting customers and small businesses through accelerating delivery of its digital banking functionality The result is that the number of TSB branches will have fallen by almost half (46%) in the space of two years – going from 536 branches at the beginning of this year to just 290 by the end of 2021. Permanent TSB Group Holdings is a leading provider of Retail and ... PTSB 2017 Half-Year Report: pdf: Investor Presentations. The announcement was be screened by the Regulatory News Service of the London Stock Exchange and available on our website (www.glencore.com) at 7.00 am UK. SW No 1 Limited Annual Report and Accounts. Highlights of the TSB results in the first half of 2019. The stock of properties in possession has reduced by c. 21% YoY to 343 properties at the end of June 2020. We continue to focus on delivering cost saving initiatives to allow for the investment required to deliver both business efficiencies and drive digital transformation. TRANSLATIONAL CURRENCY CALCULATED IMPACT >Interim Results 2020 03 Aug 2020. Heineken N.V. reports 2020 half year results. The Bank approved c.10.5k mortgage payment breaks; c. €1.6bn or 10% of total gross loans. New or additional working capital facilities to SME customers to help them manage temporary cash flow shortages. The total performing loan book is €15.1bn at 30 June 2020, slightly lower than the total performing loan book at 31 December 2019 as the pace of repayments exceeds that of new business. Half Year Results 2020/21 Announcement HTML. The partnership will see the Bank donate €350k to O’Cualann, which will be used to accelerate its plans to develop 1,800 affordable houses over the next three years. YTD NIM of 1.75% is in line with revised guidance provided in the Q1 2020 Trading Update. This is "TSB Half Year Results" by 4Reel Productions on Vimeo, the home for high quality videos and the people who love them. As a result, the outlook for PTSB PLC and PTSB Group Holdings PLC has been moved to negative from stable, with our ratings being affirmed. On 28 April 2020, S&P revised downward their outlook of industry risk for all banks in Ireland due to the expected impact of Covid-19. Date 23 Sep . Slides PDF. The Bank maintains strong capital and liquidity positions: CET1 ratio (fully loaded) of 13.9%, and Liquidity Coverage Ratio of 208%. This is in addition to the 82 branches that the bank is already closing this year. Permanent TSB Group Holdings is a leading provider of Retail and SME banking in the Irish Market. July 31, 2020 Michael Shaw TSB Bank. 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