Banco De Bogota Sa · BVC:BOGOTA

Banco De Bogota Sa — 9th Annual J.P. Morgan Global Emerging Markets Corporate Conference 2018

20 slides from Banco De Bogota Sa's conference presentation, Feb 28, 2018

  1. Slide 1: Investor Presentation

    Investor Presentation J.P. Morgan 9th Annual J.P. Morgan Global Emerging Markets Corporate Conference February 26th – February 28th, 2018 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 o

  2. Slide 2: Disclaimer

    Disclaimer Banco de Bogotá is an issuer of securities in Colombia. As a financial institution, the Bank, as well as its financial subsidiaries, is subject to inspection and surveillance from the Superintendency of Finance of Colombia. As an issuer of securities in Colombia, Banco de Bogotá is requir

  3. Slide 3: Macroeconomic Context - Colombia (1/3)

    Macroeconomic Context - Colombia (1/3) GDP (YoY %, quarterly) GDP growth by sector (YoY %, fourth quarter) GDP (%) 2015 2016 2017 2018e 7 Agriculture 4.9% 8% 1.6% 3.1% 2.0% 1.8% 2.5% 3.8% 24 Financial sector 2017 4.4% 17 Social services 2016 3.4% 6% 2.0% 14 Commerce 1.2% 2.6% 4 Utilities 1.1% 4% -0.

  4. Slide 4: Macroeconomic Context - Colombia (2/3)

    Macroeconomic Context - Colombia (2/3) Total and core* inflation (YoY%) Food, tradables and indexed inflation (YoY %) 10% 16% Headline inflation 14% Core inflation 4 * Food 8% 12% Tradables 6% 10% Indexed 8% 4.4% 7.4% 4% 6% 3.7% 4% 2% Headline inflation 3.2% 2015 2016 2017 2018e 2% 6.8% 5.8% 4.1% 3.

  5. Slide 5: Macroeconomic Context - Colombia (3/3)

    Macroeconomic Context - Colombia (3/3) Current Account (% GDP, 12 month) Trade balance (% GDP, 12 month) Current account 2% 4% 2015 2016 2017e 2018e -6.4% -4.4% -3.5% -3.0% 1% 2% 2.1% 0% 0% -2.2% -2% -1% -1.2% -4% -3.6% -2% -2.0% -2.3% -6% -3% -8% -4% -10% Sep-09 Sep-11 Sep-13 Sep-15 Sep-17 -5% Trad

  6. Slide 6: Macroeconomic Context – Central America

    Macroeconomic Context – Central America GDP (YoY %) Trade balance (% of GDP) 6 5.6 20 2017e 2018e 5.3 5 4.5 10 4.3 4.0 3.9 3.9 4 3.8 3.8 0 3.6 3.2 3.4 3 -10 2.3 2.1 2 -20 1 -30 2000 2004 2008 2012 2016 0 Costa Rica El Salvador Guatemala Honduras El SalvadorGuatemala Honduras Costa Rica Cenam Nicarag

  7. Slide 7: Business Overview

    Business Overview Key Facts Banco de Bogotá’s Structure  Founded in 1870, Banco de Bogotá is Colombia’s oldest financial institution and the principal subsidiary of Grupo Aval, the leading Principal Subsidiaries of Banco de Bogotá Associated financial group in Colombia  Current shareholding struct

  8. Slide 8: Significant player in a competitive Colombian market

    Significant player in a competitive Colombian market As of December 2017 Total Assets Net Loans (1) System: USD$194.8 bn System: USD$132.3 bn 26.2% 25.2% 25.9% 25.6% 14.3% 13.5% 14.8% 9.9% 13.0% 10.5% Categoría 1 Categoría 1 Deposits (1) Net Income 2017 System: USD$122.4 bn System: USD$2.6 bn 27.5%

  9. Slide 9: BAC is market leader in Central America

    BAC is market leader in Central America at September 2017 As of September 2017 Total Assets (1) Net Loans (1) System: US$235.2 bn System: US$147.6 bn 10.0% 9.2% 8.9% 8.0% 7.3% 7.6% 6.6% 5.6% 4.9% 4.1% Bac Bancolombia Banco General BI Scotiabank Bac Bancolombia Banco General BI Scotiabank Deposits (1

  10. Slide 10: Strong Balance Sheet Structure, December 2017

    Strong Balance Sheet Structure, December 2017 Figures in USD. Billions Banco de Bogotá Unconsolidated Assets: $28.1 Bn. Funding: $20.9 Bn Cash Growth 5.3% 0.8% Growth Dec 17/Dec 16: 4.3% 7.4% Dec 17/Dec 16: 4.0% Checking Accounts Fixed Income 5.5% 19.1% Investments 0.2% 10.7% 19.8% Savings Accounts

  11. Slide 11: Diversified, high-quality gross loan portfolio as of December 2017

    Diversified, high-quality gross loan portfolio as of December 2017 Figures in USD. Billions Banco de Bogotá Unconsolidated Central America Gross Loans $18.3 Bn. Gross Loans $15.5 Bn. 0% 0% 0% 14% 12% 17% 13% 2% 1% 3% 5% 2% 1% 9% 2% 2% 6% 1% 2% 6% 3% 4% 19% 3% 6% 3% 3% 5% 2% 5% 4% 5% 4% 1% 4% 5% 5% 1

  12. Slide 12: Loan Portfolio Evolution by Business Segment

    Loan Portfolio Evolution by Business Segment Figures in USD. Billions Growth (%) Gross Loan Portfolio, Banco de Bogotá Unconsolidated Dec 17 / Dec 16 Total Loans 4.3% $17.6 Bn. $18.3 Bn. 0.7% 0.7% 4.7% 5.4% 19.1% Microcredit 2.9% 19.8% Mortgage 20.8% Consumer 8.6% 75.5% 74.0% Commercial 2.3% Dec-16

  13. Slide 13: Loan Portfolio Quality

    Loan Portfolio Quality Banco de Bogotá Unconsolidated and BAC Banco de Bogotá BAC Unconsolidated Dec-2016 Dec-2017 Dec-2016 Dec-2017 Delinquency Ratio 30 day PDLs / Gross Loans 3.0% 4.4% 2.3% 2.4% Excluding Electricaribe(1) 3.8% 90 day PDLs / Gross Loans 2.2% 3.6% 1.2% 1.2% Excluding Electricaribe 2

  14. Slide 14: Evolution of Deposits

    Evolution of Deposits Figures in USD. Billions Deposits, Banco de Bogotá Unconsolidated Growth (%) Dec 17 / Dec 16 Total Deposits 5.4% $16.5 Bn. $17.4 Bn. 0.1% 0.2% 33.7% 32.6% Other Deposits 89.2% Time Deposits 2.1% 40.8% 43.3% Saving Accounts 12.0% Checking Accounts -0.7% 25.4% 23.9% Dec-16 Dec-17

  15. Slide 15: Net Interest Margin

    Net Interest Margin Banco de Bogotá Unconsolidated BdB Dec - 16 Dec - 17 Unconsolidated Yield on Loans 11.1% 11.1% Net Interest Margin on Investments (1) Net Interest Margin on Loans (2) Yield on Fixed 5.6% 5.0% Net Interest Margin (3) Income 6.3% Funding Cost 5.5% 4.9% 5.8% Net Interest 5.8% Margin

  16. Slide 16: Equity and Capital Adequacy

    Equity and Capital Adequacy Figures in USD. Billions Attributable Equity + Minority Interest Shareholders ‘ Equity Sep 17 / Sep 16: 7.1% Sep 17 / Sep 16: 6.5% $5.6 Bn. $5.9 Bn. 0.3 0.3 $5.3 Bn. $5.6 Bn. 5.3 5.6 Sep-16 Sep-17 Sep - 16 Sep - 17 Shareholders' Equity Non-controlling interest Consolidate

  17. Slide 17: Fee Income

    Fee Income Figures in USD. Millions Fee Income by Product Banco de Bogotá Unconsolidated BAC 1.4% $ 662 1.4% $ 692 3.3% $301 2.9% $320 5.0% 4.8% 4.2% 3.5% 28.0% Pension Funds Checking Fees 26.9% 45.4% 45.5% Fiduciary Services Branch Services CR/DB Card Fees 65.8% CR/DB Card Fees 66.6% 47.1% 48.1% Ba

  18. Slide 18: Efficiency

    Efficiency Banco de Bogotá Unconsolidated BAC Operating Expenses/ Total Income(1) (2) Operating Expenses/ Total Income(1) Excluding streamlining overhead in Colombia 48.4% 55.1% 52.5% 48.8% 46.7% Dec-16 Dec-17 Dec-16 Dec-17 Operating Expenses/Average Assets (3) Operating Expenses/Average Assets (3)

  19. Slide 19: Profitability

    Profitability Banco de Bogotá Unconsolidated ROAE (1) ROAA (2) 12.5% 11.9% 2.5% 2.4% Dec-16 Dec-17 Dec-16 Dec-17 BAC ROAE (1) ROAA (2) 14.5% 14.8% 1.8% 1.8% Dec-16 Dec-17 Dec-16 Dec-17 NOTE: Ratios for Banco de Bogotá Unconsolidated are calculated excluding the extraordinary gain from the loss of co

  20. Slide 20: Contact Information

    Contact Information: María Luisa Rojas Giraldo Julio Rojas Sarmiento Chief Financial Officer Chief Strategy & Digital Officer mrojas@bancodebogota.com.co jrsarmiento@bancodebogota.com.co IR Contact: Investor.relations@bancodebogota.com.co

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