Vtb · RUS:VTBR

Vtb — H1 2015 Earnings Presentation

17 slides from Vtb's earnings presentation, Aug 18, 2015

  1. Slide 1: VTB Group 1H'2015 Results

    VTB Group 1H’2015 Results Herbert Moos CFO and Deputy Chairman of VTB Bank Management Board Dmitry Pyanov Senior Vice President, Head of Finance Department Leonid Vakeyev Managing Director, Head of Investor Relations August 18, 2015 1 © VTB 2015

  2. Slide 2: © VTB 2015

    Some of the information in this presentation may contain projections or other forward-looking statements regarding future events or the future financial performance of JSC VTB Bank ("VTB") and its subsidiaries (together with VTB, the "Group"). Such forward-looking statements are based on numerous as

  3. Slide 3: VTB Group 1H'2015 Highlights

    VTB Group 1H’2015 Highlights Key selected items (in RUB bn) 1H’2015 1H’2014 Change 2Q’2015 2Q’2014 Change Net interest income 113.2 177.2 -36.1% 67.1 87.3 -23.1% Net fee and commission income 32.6 28.8 13.2% 17.2 14.5 18.6% Net loss from non-banking activities (1) (17.5) (5.1) 243.1% (5.5) (2.8) 96.

  4. Slide 4: Interest Income and Average Yields

    Interest Income and Average Yields Interest income and average yields 11.0% RUB bn 11.0% 11.0% 10.4% 10.4% 10.6% 10.4% Yield on customer 9.8% loans 9.9% 10.0% 9.5% 9.6% 9.7% 9.7% Yield on total interest +37% bearing assets 533.8 8% +31% 388.3 6% Interest income on 272.2 261.6 217.2 238.6 other inter

  5. Slide 5: Interest Expense and Cost of Funds

    Interest Expense and Cost of Funds Interest expense and cost of interest bearing liabilities 10.5% RUB bn 9.7% Cost of other interest 8.6% 8.9% bearing liabilities (1) 8.1% 7.7% 5.9% 6.9% Cost of total interest 7.0% 7.5% 5.2% bearing liabilities 6.5% 6.1% 7.3% 4.8% Cost of customer 5.9% 5.4% 6.6% de

  6. Slide 6: Net Interest Income and NIM

    Net Interest Income and NIM Net interest income RUB bn -36% 177.2 -23% 113.2 87.3 91.0 86.1 67.1 46.1 2Q'14 3Q'14 4Q'14 1Q'15 2Q'15 1H'14 1H'15 Net interest margin (1) % -1.7 ppt -2.2 ppt 4.2% 4.3% 4.1% 3.5% 2.5% 2.1% 1.7% 2Q'14 3Q'14 4Q'14 1Q'15 2Q'15 1H'14 1H'15 (1) Net interest income divided by

  7. Slide 7: Fee and Commission Income

    Fee and Commission Income Fee and commission income breakdown RUB bn +13% +15% 42.2 Other fee and 23.6 37.2 commission income 12% 12% 21.7 20.7 20.5 6% 5% Commission on 18.8 7% 12% 8% 13% 12% 18% operations with securities 5% 5% 6% 6% 5% 15% 16% and on capital markets 16% 17% 16% 19% Commission on g

  8. Slide 8: Cost of Risk Reflects Macroeconomic Environment

    Cost of Risk Reflects Macroeconomic Environment Provision charge for loan impairment and cost of risk 5.1% RUB bn 5.1% 4.9% 4.4% 5.3% 4.3% Loans to individuals 3.4% 4.6% 4.6% 2.5% 2.2% Cost of risk 3.0% 2.6% 2.7% Loans to legal entities 1.2% 1.7% 1.7% 1.4% 1.8% 0.9% 0.3% -43% -20% 97.9 12.7 64.9 Pro

  9. Slide 9: Loan Book Quality

    Loan Book Quality Provision for loan impairment NPLs (90+) RUB bn RUB bn 7.2% 7.6% 7.0% 6.3% 6.7% 6.4% 5.9% 5.9% 6.0% 5.8% +6.5% +12.2% +2.2% +4.9% 613 639 653 571 599 507 479 534 443 440 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15 30-Jun-15 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15 30-Jun-15 Allowance fo

  10. Slide 10: Staff and Administrative Expenses

    Staff and Administrative Expenses Staff costs and administrative expenses RUB bn 2.7% 2.3% 2.2% 1.9% 1.9% 2.3% 1.9% Cost / Assets 64.0% 66.1% 61.8% 49.5% Cost / Income ratio 48.7% 41.8% 38.4% +6% 0% 115.4 109.0 Administrative 45.1 47.9 expenses 75.4 56.2 54.9 59.2 56.2 Staff costs (1) 45.1 24.0 24.0

  11. Slide 11: Balance Sheet Structure and BIS Capital

    Balance Sheet Structure and BIS Capital Assets structure Liabilities structure BIS Group capital RUB bn RUB bn RUB bn -4% -4% -6% -6% 12,439 12,191 11,743 11,060 11,325 6% 6% 10,656 12.8% 6% 10% 12.2% 12.0% 11.9% 12.4% 10,135 7% 9,755 8% 15% 10% 6% 5% 8,821 9,004 7% 12% 11% 18% 7% 9.8% 9.7% 10.1% 8%

  12. Slide 12: Assets and Liabilities by Currency

    Assets and Liabilities by Currency Total assets by currency Total liabilities by currency RUB bn RUB bn 12,191 11,743 11,060 10,656 37% 37% 39% 40% FX FX RUB RUB 63% 63% 61% 60% 31-Dec-14 30-Jun-15 31-Dec-14 30-Jun-15 Net loans and advances to customers by currency Customer deposits RUB bn RUB bn 8,

  13. Slide 13: Loan Portfolio and Customer Deposits

    Loan Portfolio and Customer Deposits Loans and advances to customers Customer deposits RUB bn RUB bn Legal entities Individuals Legal entities Individuals -5.9% +7.2% -3.3% -5.8% 9,150 8,899 8,608 (6%) 8,023 6,451 7,466 5,669 6,078 5,123 5,430 79% 79% 78% 66% 62% 77% 77% 64% 62% 64% 36% 36% 38% 34%

  14. Slide 14: Business with Legal Entities

    Business with Legal Entities Loans to legal entities Deposits of legal entities RUB bn RUB bn -6.7% Current/ settlement deposits Term deposits +7.2% -4.0% -10.7% 7,205 6,997 6,720 6,185 4,227 5,748 3,774 3,482 3,520 22% 3,256 23% 22% 25% 26% 78% 78% 75% 77% 74% 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-1

  15. Slide 15: Business with Individuals

    Business with Individuals Loans to individuals Deposits of individuals RUB bn RUB bn -2.9% +7.3% -0.7% +3.6% 1,945 1,901 1,888 2,305 1,838 2,224 1,718 2,149 1,866 1,948 16% 16% 18% 46% 46% 45% 17% 49% 19% 48% 6% 6% 6% 6% 7% 6% 6% 6% 7% 84% 84% 7% 81% 83% 82% 38% 41% 42% 43% 37% 30-Jun-14 30-Sep-14 3

  16. Slide 16: Results of Preference Shares Placement and Proforma Effect on VTB Group Basel CAR

    Results of Preference Shares Placement and Proforma Effect on VTB Group Basel CAR Preference shares terms and conditions Proforma effect under the Basel accord guidelines Issuer JSC VTB Bank 30-Jun-15 30-Jun-15 (in RUB bn) actual proforma Instrument Preference shares Type A Tier 1 capital 1) Federal

  17. Slide 17: Investor Relations

    Investor Relations Tel: +7 (495) 775-71-39 e-mail: investorrelations@vtb.ru 17 © VTB 2015

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