CrediaBank S.A. · ATHEX:CREDIA
CrediaBank — Attica Bank — FY2016 Earnings Presentation
27 slides from CrediaBank's earnings presentation, April 2017
Slide 1: FY 2016 Financial Results
Presentation FY 2016 Financial Results April 2017
Slide 2: Performance Highlights
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Slide 3: Performance Highlights
Performance Highlights Capital CET I ratio: 14.8% Own Equity: € 632.6 million amounts in (€ m) 31.12.2016 31.12.2015 Change % Profitability Profit before provisions for credit and other risks: €10.2 Total Loans before provisions 3,984.6 3,927.6 1.5% million Operating expenses affected the vo
Slide 4: Strengthening Distribution Channels
Strengthening Distribution Channels E-Banking users, FY 2014 - FY 2016 Number of customers, FY 2014 - FY 2016 39,847 21,966 32,313 700,195 707,635 33,709 691,401 27,489 662,288 670,527 676,948 Click to edit Master text styles 18,175 3,791 Second level 4,824 6,138 29,113 29,668 30,687 FY 2014 FY 2015
Slide 5: Loans
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Slide 6: Loan Portfolio Overview
Loan Portfolio Overview Total loan book at € 3.98 bn. as at 31 December 2016. Almost 79.1% of total portfolio consist of loans to businesses, 13.2% in mortgage loans and the remaining 7.7% in other retail loans. Provisions as at 31 December 2016 stood at 30.3% of total gross loans (€ 1.17 bn).
Slide 7: Loan Portfolio Overview
Loan Portfolio Overview Loans before provisions by type of product (Total as at 31.12.2016: EUR 3.98 bn) State Leasing 0.8% 7.6% Loans to Private Individuals 19.7% Loans to Businesses Click to edit Master text styles 71.9% Second level Third level Loans to Businesses by Sector – 31.12.2016 Loans to
Slide 8: Asset Quality
Asset Quality Stock of provisions (EUR m) and NPEs provision coverage Stock of NPEs (€ m) and NPE Ratio after write-offs (%) 60.8% 52.8% 49.9% 56.5% 44.8% 32.6% 1,170.2 1,207.7 Click to edit Master 2,218.0 text styles 2,421.9 546.3 1,676.3 Second level FY 2014 FY 2015 FY 2016 FY 2014 Third level FY
Slide 9: Asset Quality
Asset Quality Breakdown of NPEs by type, 31.12.2016 (1) Concentration of NPEs - 31.12.2016 98.7% 99.2% 99.6% 99.8% 99.9% 100.0% 35,000 94.5% 100% 88.9% Consumer 29,493 90% Large 30,000 Credit 81.0% Corporates 26,544 8.9% 80% 15.5% 23,595 25,000 Click to edit Master text styles Mortgages 70% 10.7% 59
Slide 10: Asset Quality
Asset Quality Evolution of total portfolio and collateral value (€ m) and collateral Evolution of NPE Portfolio collateral value (€ m) and collateral coverage (%) of total gross loans coverage (%) 53.0% 51.5% 51.8% 00% 50.6% 49.7% 00% 2,421.9 3,927.6 3,984.6 2,218.0 3,739.4 52.1% 00% 1,676.3 00% 00%
Slide 11: Asset Quality
Asset Quality NPEs evolution, FY 2015 – FY 2016 (EUR m) 3,000 15 51 2,500 68 70 2,000 Click to edit Master text styles The increase of NPEs observed in the last Second level quarter of 2016 refers to a small number of 1,500 customers 2,422 Third level 2,218 1,000 500 Fourth level Fifth level 0 4Q1
Slide 12: Funding
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Slide 13: Funding and Liquidity
Funding and Liquidity Evolution of Deposits (€ mn) 3,254.3 In 2016, the Bank’s deposits balances were reduced by 11.7% mainly due to unfavorable media publicity in September 2016. 2,142.5 As at December 31th 2016, deposits stood at 1,892.8 approximately € 1.89 bn. Deposit balances rebounded in
Slide 14: Evolution of Deposits
Evolution of Deposits Breakdown of deposits by type (Total as at 31.12.2016: ~ EUR 1.9 bn) Other 0.5% Current accounts 28.1% Core deposits (sight and savings) account for Time 50.8% of total deposits, as the deposits mix has Click to edit Master text styles Deposits 48.6% changed after the introdu
Slide 15: Eurosystem Funding
Eurosystem Funding Evolution of Eurosystem funding (% of total assets) FY 2014 - FY 2016 28.1% 21.3% Click tofunding Eurosystem edit(EUR Master bn) - FY 2016text styles 4.3% Euro funding/ Total assets Second level 28.1 15.7 21.1 28.4 25.6 (%) FY 2014 FY 2015 FY 2016 Third level As at 31.12.2016, E
Slide 16: Deposits Pricing
Deposits Pricing Cost of deposits: Total Deposits (stock) 120 118 116 114 112 bps 110 108 In 2016, deposits costs have remained mostly 106 104 Click to edit Master text styles unchanged, despite the deposit outflows that took place the last months of 2016. 102 100 Second level Jan-16 Mar-16 May-16
Slide 17: Capital
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Slide 18: Capital Position
Capital Position CET 1 Formation, 31.12.2016 18.27% (161 bps) 14.79% (187 bps) (103 bps) 10.97% (291 bps) Click to edit Master text styles 4Q2016 Total Capital Transitional 4Q2016 CET1 Transitional Second level Preference Fully loaded 4Q16 Equity instruments not adjustments adjustments shares CET1 e
Slide 19: Profitability
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Slide 20: Operating Income. Operating Expenses
Operating Income. Operating Expenses Evolution of key P&L aggregates, FY 2015 – FY 2016 (EUR m) Operating income by source (EUR m) 635.6 OPERATING INCOME FY 2016 FY 2015 Net interest income 86.7 90.5 Net fee and commission income 14.3 16.1 Click to edit Master text styles Gain/ loss from securities
Slide 21: Operating Income - Operating Expenses
Operating Income - Operating Expenses NII breakdown FY 2015 – FY 2016 (EUR m) Net Interest Margin- NIM (%) 2.54% 90.5 86.7 Click to edit Master text styles2.44% 2.37% Second level 2.37% 2.38% 20.8 0.6 Third level -4.9 -20.3 FY 2015 Fourth level Q1 2016 H1 2016 Q3 2016 FY 2016 FY2015 NII Reduction of
Slide 22: Operating Expenses
Operating Expenses Breakdown of general operating expenses Cost / Income Ratio (excl. provisions for credit and (€ 48.2 m for FY 2016) other risks) FY 2016 FY 2015 Rents 14.1% 13.3% Advertising and promotion expenses 1.1% 2.6% Telecommunication expenses 4.1% 4.6% 88.50% Click to edit Master text sty
Slide 23: Appendix
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Slide 24: Group P&L and balance sheet
Amounts in € million Group P&L and balance sheet CHANGE % FY 2016 FY 2015 FY 2014 ASSETS (FY16 - FY15) Cash and balances with the Central Bank 43.3 49.6 107.3 -12.5% Amounts in € million Due from other financial institutions 4.9 9.6 43.2 -49.1% CHANGE % FY 2016 FY 2015 FY 2014 Derivative financial i
Slide 25: Group results by segment
Group results by segment FY 2016 FY 2015 FY 2014 Total Investment Investment Investment Change % Business Business Business FY Amounts in EUR m Retail Banking & Retail Banking & Retail Banking & FY 2016 FY 2015 FY 2016 – FY Banking Banking Banking 2014 2015 Treasury Treasury Treasury Operating Incom
Slide 26: Key financial ratios, FY 2016 – FY 2014
Key financial ratios, FY 2016 – FY 2014 BALANCE SHEET STRUCTURE FY 2016 FY 2015 FY 2014 Due to Customers / Loans and Advances to customers (before provisions) 47.5% 54.5% 87.0% Due to Customers / Loans and Advances to customers (after provisions) 68.2% 77.7% 101.9% Due to Customers / Total Assets 52
Slide 27: Disclaimer
By receiving this document. the Recipient accepts and agrees to be bound by the following obligations and limitations: The above material has been prepared by Attica Bank for the exclusive use of the selected parties to whom it is delivered. Neither the whole ore any part of the information in this