Elland RMBS 2018 PLC Fund Data

Given our solid financial performance and the improved UK macroeconomic outlook, the Group is enhancing its guidance for 2021. Based on the Group's current macroeconomic assumptions: Net interest margin now expected to be around 250 basis points. Operating costs now expected to be c.£7.6 billion. Net asset quality ratio now expected to be below 10 basis points. Return on tangible equity now expected to be c.10 per cent, excluding the c.2.5 percentage point benefit from tax rate changes. Risk-weighted assets in 2021 now expected to be below £200 billion.

Given our solid financial performance and the improved UK macroeconomic outlook, the Group is enhancing its guidance for 2021. Based on the Group's current macroeconomic assumptions: Net interest margin now expected to be around 250 basis points. Operating costs now expected to be c.£7.6 billion. Net asset quality ratio now expected to be below 10 basis points. Return on tangible equity now expected to be c.10 per cent, excluding the c.2.5 percentage point benefit from tax rate changes. Risk-weighted assets in 2021 now expected to be below £200 billion.