Mkb · RUS:CBOM

Mkb — Credit Bank of Moscow — H1 2013 Earnings Presentation

18 slides from Mkb's earnings presentation, Aug 22, 2013

  1. Slide 1: IFRS Results for the Six-Month Period Ended June 30, 2013

    IFRS Results for the Six-Month Period Ended June 30, 2013 Speakers: Vladimir Chubar, Chairman of the Management Board  Reinhard K. Stary, Strategic Advisor to the Chairman of the Management Board  Eric de Beauchamp, Chief Financial Officer Webcast and Conference call August 22, 2013

  2. Slide 2: Disclaimer

    Disclaimer This presentation is based on the reviewed IFRS results for 1H2013, 1Q2013, 3Q2012, 1H2012 as well as audited IFRS results for FY2012 and FY2011. However, it includes certain information that is not presented in accordance with the relevant accounting principles and has not been verified

  3. Slide 3: Agenda

    Agenda Overview 3 Key developments in 1H2013 and up to date 5 Business overview 7 Financial performance 10 Annex 17

  4. Slide 4: Overview

    Overview Commercial bank, focused on providing full range of banking services to corporate and retail clients Core strength is corporate banking, with cash collection and delivery business serving as an effective risk management tool, retail business enhancing the position Established in 1992, headq

  5. Slide 5: Key developments in 1H2013 and up to date

    Overview 3 Key developments in 1H2013 and up to date 5 Business overview 7 Financial performance 10 Annex 17

  6. Slide 6: Key developments in 1H2013 and up to date

    Key developments in 1H2013 and up to date Financial results • IFRS net income grew 77.7% compared to 1H2012 and amounted to RUB 3,825 mln ($117 mln). • Assets grew by 16.5% compared to YE2012 to RUB 359.7 bn. • Loan portfolio (gross) expanded by 27.6% and reached RUB 262.7 bn. • Net interest margin

  7. Slide 7: Business overview

    Overview 3 Key developments in 1H2013 and up to date 5 Business overview 7 Financial performance 10 Annex 17

  8. Slide 8: Corporate Banking

    Corporate Banking Stable and profitable loan portfolio growth Corporate loan (gross) and deposit portfolio dynamics Corporate loans breakdown by industry (1H2013) 50% 38% 17% 34% 27% -4% Consumer Other; 9% chemicals; 2% Electronics; 16% 196 798 Stationery; 4% 155 541 Pharmaceutical; 132 844 4% Renta

  9. Slide 9: Retail Banking

    Retail Banking Retail expansion well underway Retail loan (gross) and deposits portfolio dynamics Network development 63% 68% 69% 25% 31% 15% 73 74 78 4 439 123 293 4 014 3 906 107 012 85 369 65 899 50 392 29 858 858 989 601 604 694 692 2011 2012 1H2013 2011 2012 1H2013 Loans (gross) RUB mln Deposit

  10. Slide 10: Financial performance

    Overview 3 Key developments in 1H2013 and up to date 5 Business overview 7 Financial performance 10 Annex 17

  11. Slide 11: Income and Expenses

    Income and Expenses Improved CTI ratio of 32.8% driven by strong earnings and operational efficiency Operating income Operating expenses Net interest income Salaries and employment benefits Other expenses* Net fee and commission income 11,043 Administrative expenses +7% 3,489 Other net income +59% 3

  12. Slide 12: Assets

    Assets Sound ROA on stably growing assets base Assets structure Assets and loan portfolio (net) dynamics RUB mln 17% 2% 33% 359 722 2% 308 727 14% 17% 232 371 4% 193 118 152 482 +27% 130 220 +17% 7% +69% 48 752 +29% 62 791 28 800 2011 2012 1Н2013 54% Corporate loans Retail loans Total assets Total l

  13. Slide 13: Loan Portfolio

    Loan Portfolio Loan portfolio expands while retaining strong quality metrics NPLs(1) and Provisioning dynamics NPL(2) ratio dynamics RUB mln 6 788 NPL Retail loans NPL Corporate loans NPL Total 5 749 4 913 4 699 2 883 2 569 2 297 4 407 2 137 1 967 1734 4.4% 4.2% 4.1% 1696 2697 4.0% 1615 1918 3.2% 60

  14. Slide 14: Funding

    Funding Well diversified funding base Funding base* Deposits by credit institutions Retail term deposits Bonds issued Good diversification of funding base with significant Corporate term deposits Retail demand deposits Other share of customer deposits, which now represent Corporate demand deposits P

  15. Slide 15: Concentrations

    Concentrations Focus on diversification and maintaining healthy concentration levels Largest exposures Largest deposits to deposit portfolio 10 largest exposures 20 largest exposures 10 largest deposits 20 largest deposits 27% 24% 25% 18% 16% 25% 23% 16% 21% 16% 17% 17% 2011 2012 1H2013 2011 2012 1H

  16. Slide 16: Capital Adequacy

    Capital Adequacy Well capitalised with total CAR of 19.1% Capital adequacy (RUB mln) 19,1% 15,8% 14,4% 13,40% 13,35% 12,30% 12,29% 12,88% 12,60% 64 027 44 996 41 986 29 480 38 160 25 160 2011 2012 1H2013 Tier I Capital Total Basel Capital Capital Adequacy Ratio Tier 1 CAR N1 In March 2013, domestic

  17. Slide 17: Annex

    Overview 3 Key developments in 1H2013 and up to date 5 Business overview 7 Financial performance 10 Annex 17

  18. Slide 18: Key Metrics of Financial Performance

    Key Metrics of Financial Performance 2012-1H2013 RUB, mn 2011 2012 1H2013 Change, % Total assets 232,371 308,727 359,722 +16.5% Loans to customers (gross) 162,702 205,933 262,697 +27.6% Total equity 25,608 39,292 43,034 +9.5% RoAE 19.7% 17.8% 18.6% - RoAA 2.0% 2.1% 2.3% - NPL / Gross loans 1.1% 1.0%

Credit Bank of Moscow — H1 2013 Earnings Presentation on 6ix