Banco De Bogota Sa · BVC:BOGOTA
Banco De Bogota Sa — 11th Annual J.P. Morgan Global Emerging Markets Corporate Conference 2020
15 slides from Banco De Bogota Sa's conference presentation, Feb 24, 2020
Slide 1: Investor Presentation
Investor Presentation J.P. Morgan 11th Annual J.P. Morgan Global Emerging Markets Corporate Conference February 24th – February 26th, 2020 The Issuers Recognition IR granted by the Colombian Stock Exchange is not a certification about the quality of the securities listed at the BVC nor the solvency
Slide 2: Disclaimer
Disclaimer Banco de Bogotá is an issuer of securities in Colombia and, as such, it is required to comply with periodic reporting requirements and corporate governance practices. As a financial institution, the Bank is subject to inspection and surveillance from Colombia’s Superintendency of Finance.
Slide 3: Colombian Macroeconomic Outlook
Colombian Macroeconomic Outlook GDP1 (YoY %, 12-month) Inflation vs. Central bank rate (YoY%, %) 10% 4% Central bank rate 3.3% Headline inflation 8% 3% 6% 2% 4.25% 4% 3.62% 1% 2% GDP 2018 2019 2020e Inflation 2018 2019 2020e Central bank 2018 2019 2020e (YoY%) 2.6% 3.3% 3.3% (YoY%) 3.2% 3.8% 3.0% ra
Slide 4: Central America Macroeconomic Outlook
Central America Macroeconomic Outlook GDP1 (YoY %) Activity Index2 (YoY %) 6 5.5 5% 4.3 4 3.5 3.4 3.5 3.4 3.5 2.5 2.8 4% 3.8 2.5 3.8 2.3 2.0 2 3.1 3% 3.0 0 2.5 2.3 -0.8 2% -2 2019e -4 1% 2020e Nov-17 Nov-18 Nov-19 -6 -5.0 Guatemala Honduras Nicaragua El Costa Rica Cenam Honduras Guatemala Panama El
Slide 5: Business Overview
Business Overview Regional Franchise Banco de Bogotá’s Structure Colombia(1) Main Subsidiaries Associated #2 Net Income & Assets (5) (6) #3 Net Loans & Deposits Ownership Grupo AvaI 20.0% 8.2% Banco de Bogotá 100.0% 46.9% 33.3% Banco de Occidente 24.2% 4.0% Banco Popular 5.0% Others 8.9% 49.5% Total
Slide 6: Significant player in a competitive Colombian market
Significant player in a competitive Colombian market Total Assets Net Loans (1) As of December 2019 System: US$206.0 billion System: US$137.2 billion 26.2% 25.3% 25.7% 25.2% 14.6% 14.1% 16.0% 12.3% 9.7% 10.4% Aval Bancol BdB Dav BBVA BAC Bancol BG BI Scotiabank Deposits Net Income (twelve months) Sy
Slide 7: BAC is market leader in Central America
BAC is market leader in Central America Total Assets (1) Net Loans (1) As of September 2019 System: US$251.6 billion System: US$155.0 billion 10.2% 9.2% 9.3% 7.9% 7.6% 7.7% 6.9% 5.9% 4.1% 4.6% BAC Bancol BG BI BanRural BAC Bancol BG BI Scotiabank Deposits (1) Net Income (nine months) System: US$170.
Slide 8: Strong Balance Sheet Structure, December 2019
Strong Balance Sheet Structure, December 2019 Banco de Bogotá Unconsolidated (1) Figures in USD. Billions Assets: $30.1 Bn. Funding: $22.0 Bn Cash Growth Growth Checking Accounts Dec 19/Dec 18: 7.7% Dec 19/Dec 18: 8.3% 4.6% 9.8% Fixed Income Savings Accounts Investments 7.1% 21.9% 7.0% 20.3% Time De
Slide 9: Loan Portfolio Evolution by Business Segment
Loan Portfolio Evolution by Business Segment Gross Loan Portfolio, Banco de Bogotá Unconsolidated (1) Figures in USD. Billions Growth (%) Dec 19 / Dec 18 $16.9 Bn. $18.3 Bn. 0.8% 0.7% 6.3% 6.8% Total Loans 8.2% 21.1% 21.8% Microcredit -3.4% Mortgage 16.4% Consumer 12.0% 71.8% 70.7% Commercial 6.5% D
Slide 10: Consolidated Equity and Capital Adequacy
Consolidated Equity and Capital Adequacy Attributable Equity + Minority Interest Consolidated Tangible Equity Figures in USD. Billions 10.2% 15.8% $5.3 $5.5 $6.0 $5.9 $6.5 0.3 0.4 0.3 0.3 0.3 6.1 3.7 4.0 3.8 4.4 5.0 5.2 5.7 5.3 3.4 2016 2017 2018 Sep-18 Sep-19 2016 2017 2018 Sep-18 Sep-19 Shareholde
Slide 11: Track record of results (1/2)
Track record of results (1/2) Banco de Bogotá Unconsolidated (1) Central America (2) Net Interest Margin (3) Net Interest Margin (3) 6.9% 5.5% 5.3% 5.3% 6.7% 5.2% 6.6% 6.6% 2016 2017 2018 2019 2016 2017 2018 2019 NIM on Loans NIM on Loans 5.7% 6.0% 5.8% 5.5% 7.7% 7.5% 7.4% 7.4% NIM on investments NI
Slide 12: Track record of results (2/2)
Track record of results (2/2) Banco de Bogotá Unconsolidated (1) Central America (2) Fee Income Ratio (3) Fee Income Ratio (3) 37.6% 20.6%* 21.0% 19.5% 23.4% 35.6% 36.3% 36.1% 2016 2017 2018 2019 2016 2017 2018 2019 Efficiency and Cost to Assets (4) Efficiency and Cost to Assets (4) 58.8% 52.4% 53.2
Slide 13: Digital Transformation strategy - Tangible results at-scale
Digital Transformation strategy - Tangible results at-scale Digital Sales* Digital Share of Total Retail Bank Sales 172.2 K 46% 39% 126.4 K 31% 100.5 K 26% 77.5 K 16% 46.4 K 3Q-18 4Q-18 1Q-19 2Q-19 3Q-19 3Q-18 4Q-18 1Q-19 2Q-19 3Q-19 2 New concept Branches Targeting 75 New Concept implemented 3Q 201
Slide 14: Multibank Acquisition Summary
Multibank Acquisition Summary | Acquired Entity Multi Financial Group Inc. (MFG) Buyer Leasing Bogotá Panamá – Banco de Bogotá’s subsidiary. Offering for 100% of ordinary shares; to date there is a 99.1% Transaction confirmed. Usual for this type of transactions and spin-off of Multibank Closing con
Slide 15: Multi Financial Group Acquisition
Multi Financial Group Acquisition | Strategic Rationale • Solidifies our position as the leading financial services group in the Central American market, with a market share of loans above 12%. • Increases our scale in Panama, which is amongst the highest growth and most stable economies in Latin Am
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