Tbc Bank Group Plc · LSE:TBCG

Tbc Bank — FY2022 Earnings Presentation

62 slides from Tbc Bank's earnings presentation, 2023

  1. Slide 1: Q4 and FY 2022 Call Presentation

    Q4 and FY 2022 CALL PRESENTATION Unaudited IFRS consolidated figures

  2. Slide 2: Disclaimer

    DISCLAIMER By attending the meeting where this presentation is made, or by reading this document, you agree to be bound by the conditions set our below. The information, statements and opinions contained in this Presentation do not constitute a public offer under any applicable legislation or an off

  3. Slide 3: Key Takeaways of FY 2022

    KEY TAKEAWAYS OF FY 2022 The market leader in Georgia with robust profitability and strong growth supported by solid capital, coupled with excellent progress in Uzbekistan. FY 2022 AND Q4 2022 CALL PRESENTATION Uzbek operations Robust profitability Strong portfolio Increasing our digital turned posi

  4. Slide 4: Key Macro Highlights of FY 2022

    FY 2022 AND Q4 2022 CALL PRESENTATION KEY MACRO HIGHLIGHTS OF FY 2022 Double digit GDP Moderating Stronger GEL Accumulated central growth in 2022 broadly aligned bank reserves and inflation, falling with its long- term improved fiscal below 10% by YE22 trend stance 4

  5. Slide 5: Georgia Once Again Demonstrated High Growth Potential and Resilience

    GEORGIA ONCE AGAIN DEMONSTRATED HIGH GROWTH POTENTIAL AND RESILIENCE Real GDP Growth (%) Export and Import of Goods, FDI, Tourism and Remittance flows in Georgia (mln USD) FY 2022 AND Q4 2022 CALL PRESENTATION * -1.9* Georgia CIS CEE** Exports Imports Tourism Remittances FDI* Source: Geostat, World

  6. Slide 6: Inflation Is Moderating, While Central Bank and Fiscal Buffers Accumulating

    INFLATION IS MODERATING, WHILE CENTRAL BANK AND FISCAL BUFFERS H AVE BEEN ACCUMULATING IN GEORGIA Annual and Seasonally Adjusted Annualized Monthly Inflation (%) NBG’s International Reserves and FX Interventions (mln USD) FY 2022 AND Q4 2022 CALL PRESENTATION Public Debt and Budget Balance (% of GDP

  7. Slide 7: Contents

    CONTENTS FY 2022 AND Q4 2022 CALL PRESENTATION FY 2022 and Business Q4 2022 Appendices update Financial Results 7

  8. Slide 8: Who We Are

    WHO WE ARE Market leader in Georgia with diversified 1 FY 2022 AND Q4 2022 CALL PRESENTATION business across all market segments Our customer base 39 mln total addressable market 2 Robust profitability and strong growth backed by solid capital 13.6 mln1 registered users in two geographies 4.4 mln1 m

  9. Slide 9: Strong Leading Position Across All Segments in Georgia

    STRONG LEADING POSITION ACROSS ALL SEGMENTS IN GEORGIA 9 FY 2022 AND Q4 2022 CALL PRESENTATION Retail CIB 38.4% 38.1% 40.8% 42.9% Loan market deposit market 39% 35% Loan market deposit market share1 share1 GEL 18.2 bln share1 share1 +19% +31% Gross loans +6% +32% YoY loan YoY deposit YoY loan YoY de

  10. Slide 10: Robust Profitability

    ROBUST PROFITABILITY Q4 Net profit (GEL mln) Q4 ROE FY 2022 AND Q4 2022 CALL PRESENTATION +10.8pp1 +70%1 336.71 33.6%1 223.8 22.8% 22.3% 198.5 Q4 2021 Q4 2022 Q4 2021 Q4 2022 FY Net profit (GEL mln) FY ROE +5.0pp1 +38%1 1,116.21 29.9%1 27.0% 1,003.3 24.9% 809.0 FY 2021 FY 2022 FY 2021 FY 2022 10 (1)

  11. Slide 11: The Largest Digital Ecosystem in Georgia: TNET

    THE LARGEST DIGITAL ECOSYSTEM IN GEORGIA: TNET TNET accounts for 40% of internet traffic on Georgian websites1 FY 2022 AND Q4 2022 CALL PRESENTATION Our aspiration to leverage our large customer base and datahub capabilities to: 78% 51% • Generate net fee and commission income • Create leads for loa

  12. Slide 12: Our Digital Ecosystem Is Growing Rapidly

    OUR DIGITAL ECOSYSTEM IS GROWING RAPIDLY GMV Lead generation1 FY 2022 AND Q4 2022 CALL PRESENTATION Total GMV is growing rapidly… Strong lead generation… N/A 7% +4x +2x 103 302 24 127 FY 2021 FY 2022 FY 2021 FY 2022 GMV (GEL mln) Number of leads generated ('000) Conversion rate2 … as our users are b

  13. Slide 13: Solid Growth of Our Georgian Payments Business

    SOLID GROWTH OF OUR GEORGIAN PAYMENTS BUSINESS SUPPORTING DIVERSIFICATION OF OUR INCOME FY 2022: POS transactions number 1 (mln) POS transactions volume1 (bln GEL) • POS to cash ratio by number FY 2022 AND Q4 2022 CALL PRESENTATION 45% 41% 45% 42% of transactions stood at 89%. +32% +37% 5.6 • POS to

  14. Slide 14: Strong Progress in Digital Channels

    STRONG PROGRESS IN DIGITAL CHANNELS Georgia TBC Group FY 2022 AND Q4 2022 CALL PRESENTATION Good progress in loans offloading Good progress in loans offloading 97% 98% 98% 99% 73% 80% 73% 67% 49% 68% 42% 48% FY 2021 FY 2022 FY 2021 FY 2022 consumer loans deposits transactions offloading consumer loa

  15. Slide 15: TBC UZ Bank - Rapid Growth of Banking Operations in Uzbekistan

    TBC UZ BANK - RAPID GROWTH OF BANKING OPERATIONS IN UZBEKISTAN Number of users (mln) Financials (GEL‘000) FY 2022 AND Q4 2022 CALL PRESENTATION 18,525 16,724 2.4 2.1 1.8 7,533 1.5 2,853 1.1 0.3 0.4 0.4 (1,087) 0.3 0.3 (5,658) (10,324) (7,901) Dec'21 Mar'22 Jun'22 Sep'22 Dec'22 Q1 2022 Q2 2022 Q3 202

  16. Slide 16: Payme - Expanding Our Payments Business in Uzbekistan

    PAYME - EXPANDING OUR PAYMENTS BUSINESS IN UZBEKISTAN Number of users (mln) Active merchants1 +56% FY 2022 AND Q4 2022 CALL PRESENTATION +22% +150% 2.5 3,591 2,932 1.6 1.0 0.4 Dec-21 Dec-22 Dec-21 Dec-22 MAU DAU Payments volume2 (GEL mln) Financials (GEL ‘000) +56% 17,600 7,368 4,712 6% 11,975 12,01

  17. Slide 17: Contents

    CONTENTS FY 2022 AND Q4 2022 CALL PRESENTATION FY 2022 and Business Q4 2022 Appendices update Financial Results 17

  18. Slide 18: A Strong Set of Financial Results in FY and Q4 2022

    A STRONG SET OF FINANCIAL RESULTS IN FY AND Q4 2022 Net profit (mln GEL) ROE 31.9% 30.3%1 FY 2022 AND Q4 2022 CALL PRESENTATION +70%1 27.7% 28.4%1 23.2% +10.8pp1 +5%1 +5.0pp1 +38%1 +0pp1 336.71 29.9%1 1,116.21 33.6%1 33.6% 1,003.3 321.0 24.9% 27.0% 809.0 223.8 22.8% 22.3% 198.5 FY 2021 FY 2022 Q4 20

  19. Slide 19: Growing Operating Income Based on Diversified Earnings Stream

    GROWING OPERATING INCOME BASED ON DIVERSIFIED EARNINGS STREAM Total net interest income (mln GEL) NIM evolution YoY FY 2022 AND Q4 2022 CALL PRESENTATION 5.1% 6.0% 5.4% 6.3% 6.3% +29% +30% +5% 1,290.1 1,002.7 340.4 357.4 275.4 FY 2021 FY 2022 Q4 2021 Q3 2022 Q4 2022 Q4 2021 Loan yield Loan Liabiliti

  20. Slide 20: Investing in the Future While Maintaining High Efficiency

    INVESTING IN THE FUTURE WHILE MAINTAINING HIGH EFFICIENCY Total operating expenses (mln GEL) Cost to income FY 2022 AND Q4 2022 CALL PRESENTATION 29.7% 27.1% 32.2% 24.1% 28.5% +27% +28% -4.2pp -7.2pp 691.3 +14% +3.3pp 545.8 101.2 200.5 40.4% 176.2 37.6% 79.9 215.3 33.2% 157.2 27.2 33.4% 29.9% 156.6

  21. Slide 21: Strong Asset Quality

    STRONG ASSET QUALITY NPLs NPL coverages FY 2022 AND Q4 2022 CALL PRESENTATION -0.2pp -0.1pp 2.4% 2.3% 175% 164% 156% 2.2% 75% 64% 62% 100% 100% 94% 31-Dec-21 30-Sep-22 31-Dec-22 31-Dec-21 30-Sep-22 31-Dec-22 Provision coverage Collateral coverage Provision charges (mln GEL) • NPL ratio improved both

  22. Slide 22: Maintaining Market Leadership in Both Loans and Deposits

    MAINTAINING MARKET LEADERSHIP IN BOTH LOANS AND DEPOSITS Gross loan portfolio breakdown (bln GEL) Deposit portfolio breakdown (bln GEL) FY 2022 AND Q4 2022 CALL PRESENTATION 38.8 38.8 39.5 40.4 40.0 40.3 +7%/+16%1 +20%/+31%1 +5%/+5%1 +5%/+7%1 17.0 17.4 18.2 15.0 17.1 18.0 8% 2% 24% 26% 26% 1% 9% 10%

  23. Slide 23: Solid Capital Position

    SOLID CAPITAL POSITION Capital Adequacy Ratios as of 31 December 2022 CET 1 CAR FY 2022 AND Q4 2022 CALL PRESENTATION 3.7% 3.9% 3.4% +1.8pp +0.2pp 21.0% 18.0% 15.5% 15.3% 15.5% 13.7% 17.6% 14.1% 11.8% 11.8% 11.8% 11.7% CET 1 Tier 1 Total 31-Dec-21 30-Sep-22 31-Dec-22 Min. requirements Above min. req

  24. Slide 24: Transition to IFRS Based Capital Requirements

    TRANSITION TO IFRS BASED CAPITAL REQUIREMENTS • From 1st January 2023, commercial banks must comply with capital adequacy requirements based on IFRS per the NBG FY 2022 AND Q4 2022 CALL PRESENTATION amended regulations. • Under the IFRS transition process, the NBG introduced a credit risk adjustment

  25. Slide 25: Strong Liquidity and Diversified Funding Base

    STRONG LIQUIDITY AND DIVERSIFIED FUNDING BASE Liability structure Liquidity ratios1 FY 2022 AND Q4 2022 CALL PRESENTATION as of 31 December 2022 Total liabilities GEL 25.1 bln 101% 275% 89% 223% 89% 304% 2.4% 15.7% 133% 143% 135% 147% 5.4% 127% Customer Deposits 116% 4.6% Other Liabilities 100% 100%

  26. Slide 26: Uzbek Business Financials in 2022

    UZBEK BUSINESS FINANCIALS IN 2022 Uzbek business profitability 1 Financial highlights FY 2022 AND Q4 2022 CALL PRESENTATION FY 2022 FY 2022 highlights TBC UZ Payme Total GEL mln Uzbek Operations TBC UZ Bank Operating income 45.6 51.1 96.7 6.5% 14.5% 6.8% Total provision NIM Cost of risk (15.8) - (15

  27. Slide 27: Progress Against Our Mid-Term Targets

    PROGRESS AGAINST OUR MID-TERM TARGETS Target Actual performance FY 2022 FY 2022 AND Q4 2022 CALL PRESENTATION 7 mln 4.4 mln Monthly active users (MAU) 10-15% Share of Uzbek business in Immaterial Group’s net income 10-15% 16% YoY Annual loan book growth (gross) at constant currency basis 20%+ 27.0%

  28. Slide 28: Contents

    CONTENTS FY 2022 AND Q4 2022 CALL PRESENTATION FY 2022 and Appendices Business Q4 2022 Corporate governance update Financial Results 28

  29. Slide 29: Board of Directors

    BOARD OF DIRECTORS The experienced and diverse independent board is well placed to drive forward the group’s ambitious strategy FY 2022 AND Q4 2022 CALL PRESENTATION Arne Berggren Rajeev Sawhney Per Anders Fasth Chairman Independent non-executive Director Independent non-executive Director Joined TB

  30. Slide 30: Corporate Governance Structure

    CORPORATE GOVERNANCE STRUCTURE 30 The Board oversees the execution of the Group’s strategy and operates via its 6 committees covering all major directions. FY 2022 AND Q4 2022 CALL PRESENTATION Shareholders (Annual General Meeting) External Auditor • All 7 Non-executive Directors are independent bot

  31. Slide 31: Contents

    CONTENTS FY 2022 AND Q4 2022 CALL PRESENTATION FY 2022 and Appendices Business Q4 2022 Loan portfolio update Financial quality Results 31

  32. Slide 32: Borrowers with FX Income in Georgia

    BORROWERS WITH FX INCOME IN GEORGIA FY 2022 AND Q4 2022 CALL PRESENTATION of which exposures share of foreign 31 December 2022 with largely mitigated currency loans currency risk Retail 35% 27% Non-mortgage 10% 48% Mortgage 50% 25% CIB 61% 57% MSME 45% 10% Total 47% 37% 32 Since TBC Uzbekistan only

  33. Slide 33: Total Portfolio Asset Quality

    TOTAL PORTFOLIO ASSET QUALITY NPLs PAR 30 FY 2022 AND Q4 2022 CALL PRESENTATION 2.4% 2.4% 2.3% 2.3% 2.2% 2.3% 2.2% 2.3% 2.0% 2.0% Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Asset quality 0.9% 1.0% • NPL ratio improved both QoQ and YoY across all segments -0.1% 0.3% 0.6% an

  34. Slide 34: Retail Portfolio Asset Quality

    RETAIL PORTFOLIO ASSET QUALITY NPLs PAR 30 FY 2022 AND Q4 2022 CALL PRESENTATION 2.5% 2.8% 2.6% 2.4% 2.2% 2.2% 2.3% 2.2% 2.3% 2.2% Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Asset quality 1.2% 2.5% 2.1% 0.9% • NPL remained broadly stable QoQ. YoY improvement is 0.6% mainly

  35. Slide 35: CIB Portfolio Asset Quality

    CIB PORTFOLIO ASSET QUALITY NPLs PAR 30 FY 2022 AND Q4 2022 CALL PRESENTATION 1.1% 0.7% 0.6% 0.6% 0.5% 1.4% 1.6% 1.3% 1.4% 1.3% Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Asset quality -0.1% -0.1% 0.0% 0.1% • NPL and Par 30 ratios remained broadly stable both QoQ and YoY.

  36. Slide 36: MSME Portfolio Asset Quality

    MSME PORTFOLIO ASSET QUALITY NPLs PAR 30 FY 2022 AND Q4 2022 CALL PRESENTATION 4.0% 4.1% 3.9% 3.6% 3.4% 4.0% 3.9% 3.8% 3.6% 3.1% Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Asset quality 0.1% 0.3% 0.5% 0.9% 0.0% • QoQ improvement in NPL and PAR 30 is attributable to the SME

  37. Slide 37: Strong Collateralization and Low LTVs Across Segments

    STRONG COLLATERALIZATION AND LOW LTVs ACROSS SEGMENTS FY 2022 AND Q4 2022 CALL PRESENTATION 75% of the loan book is secured by cash, gold LTVs by segments as of 31 December 2022 and real estate as of 31 December 2022 1% 3% 3% Cash Cover Gold 22% 56% Inventory 50% 52% 47% Other Real Estate CIB MSME R

  38. Slide 38: Loan Book Breakdown by Stages According to IFRS

    LOAN BOOK BREAKDOWN BY STAGES ACCORDING TO IFRS 9 Total: gross loan (mln) & LLP ratio1 Retail: gross loan (mln) & LLP ratio1 18,205 FY 2022 AND Q4 2022 CALL PRESENTATION 17,047 17,366 2.3% 2.0% 2.4% 7,113 423 397 41.8% 6,871 3.2% 510 42.5% 6,358 3.8% 36.4% 1,413 3.9% 1,935 1,487 7.0% 7.6% 166 62.3%

  39. Slide 39: Macroeconomic Assumptions for IFRS Provisioning

    MACROECONOMIC ASSUMPTIONS FOR IFRS PROVISIONING Baseline scenario – 50% weight FY 2022 AND Q4 2022 CALL PRESENTATION 2023 2024 2025 GDP (YoY) 3.5% 5.4% 5.2% Macroeconomic Assumptions USD/GEL (Level, EOP) 2.80 2.65 2.60 • In Q4 2022, the Bank has updated three macroeconomic scenarios to estimate expe

  40. Slide 40: Actual and Expected Minimum Regulatory Capital Requirements with IFRS Transition

    ACTUAL AND EXPECTED MINIMUM REGULATORY CAPITAL REQUIREMENTS WITH IFRS TRANSITION FY 2022 AND Q4 2022 CALL PRESENTATION Dec-22 Mar-23 Dec-23 Per NBG Per IFRS Per IFRS • Due to the IFRS Transition process, Credit Risk Adjustment (CRA) buffer will be introduced in 2023. CRA buffer will be fully CET 1 1

  41. Slide 41: Contents

    CONTENTS FY 2022 AND Q4 2022 CALL PRESENTATION FY 2022 and Business Appendices Q4 2022 update Macro update Financial Results 41

  42. Slide 42: The GEL Remains Around Its Long-Term Trend

    THE GEL REMAINS AROUND ITS LONG-TERM TREND GEL REER actual and fitted REER FY 2022 AND Q4 2022 CALL PRESENTATION (increase means GEL appreciation) • The GEL has strengthened, however it remains around its long-term trend and does not appear overvalued. 42

  43. Slide 43: Uzbekistan: Hawkish Monetary Policy; Strong Growth in Retail Credit

    UZBEKISTAN: HAWKISH MONETARY POLICY; STRONG GROWTH IN RETAIL CREDIT Real GDP Growth in Uzbekistan(%) Retail Loans in Uzbekistan (%) FY 2022 AND Q4 2022 CALL PRESENTATION 7.3 7.2 7.4 7.1 6.9 62.4 5.9 5.7 5.7 5.4 39.2 35.6 27.0 29.2 26.2 4.4 6.2 1.9 4.9 5.3 4.7 4.4 4.6 2012 2013 2014 2015 2016 2017 20

  44. Slide 44: Contents

    CONTENTS FY 2022 AND Q4 2022 CALL PRESENTATION Business FY 2022 and Appendices update Q4 2022 TBC positioning in the market Financial Results 44

  45. Slide 45: Leading Position in Georgia

    LEADING POSITION IN GEORGIA Top 10 largest banks by loans in Georgia, as of 31 December 2022 (GEL mln) FY 2022 AND Q4 2022 CALL PRESENTATION 39.5 36.1 5.5 4.6 4.0 2.5 2.4 1.7 1.4 0.8 17,834 16,317 2,502 2,076 1,793 1,151 1,074 760 654 365 TBC BOG Liberty Basis Credo Procredit Tera Cartu Halyk Pasha

  46. Slide 46: TBC UZ Competitive Landscape

    TBC UZ COMPETITIVE LANDSCAPE As of 1 January FY 2022 AND Q4 2022 CALL PRESENTATION 2023 Conventional/digital Digital Digital Conventional Conventional Conventional Conventional Conventional Conventional Conventional Digital only General information State/Private Private Private Private State State1

  47. Slide 47: ESG Ratings and Scores

    ESG RATINGS AND SCORES In April 2021, TBC Bank Group received a rating of “AA” (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment, which represents an upgrade from the previous rating of “A” assigned in October 2019 FY 2022 AND Q4 2022 CALL PRESENTATION MSCI Disclaimer statement The use by T

  48. Slide 48: Contents

    CONTENTS FY 2022 AND Q4 2022 CALL PRESENTATION Business FY 2022 and Appendices update Q4 2022 Financial and operational performance details Financial Results 48

  49. Slide 49: Loan Book Growth Across All Segments YoY

    LOAN BOOK GROWTH ACROSS ALL SEGMENTS YoY Gross loan portfolio breakdown (bln GEL) Retail banking gross loans (bln GEL) FY 2022 AND Q4 2022 CALL PRESENTATION 38.8 38.8 39.5 38.6 38.5 38.4 +7%/+16%1 +11%/+19%1 +5%/+5%1 +4/+4%1 17.4 18.2 17.0 24% 26% 26% 7.1 6.4 6.9 38% 34% 35% 4.1 4.1 4.3 38% 40% 39%

  50. Slide 50: Customer Deposits Growth Across All Segments YoY

    CUSTOMER DEPOSITS GROWTH ACROSS ALL SEGMENTS YoY Deposit portfolio breakdown (bln GEL) Retail banking deposits (bln GEL) FY 2022 AND Q4 2022 CALL PRESENTATION 40.4 40.0 40.3 40.3 38.7 38.1 +20%/+31%1 +19%/+31%1 +5%/+7%1 +10%/+11%1 15.0 17.1 18.0 1% 8% 2% 10% 11% 9% 50% 6.9 49% 46% 6.3 5.8 2.2 2.4 2.

  51. Slide 51: Balance Sheet Structure

    BALANCE SHEET STRUCTURE Assets Structure (bln GEL) Liabilities Structure (bln GEL) +5% FY 2022 AND Q4 2022 CALL PRESENTATION +5% 120 .0% 120 % 24.5 27.7 29.1 21.1 23.8 25.1 100 .0% 100 % 7% 14% 14% 13% 15% 16% 8% 9% 3% 3% 2% 9% 10% 80% 80. 0% 8% 7% 60. 0% 60% 71% 72% 72% 68% 61% 61% 40% 40. 0% 20% 2

  52. Slide 52: FX Exposure of Loan and Deposit Portfolios

    FX EXPOSURE OF LOAN AND DEPOSIT PORTFOLIOS Gross Loans Deposits FY 2022 AND Q4 2022 CALL PRESENTATION 1% 2% 2% 1% 3% 3% 10% 9% 9% 22% 19% 19% 28% 27% 45% 43% 31% 52% 46% 51% 52% 43% 45% 37% 31-Dec-21 30-Sep-22 31-Dec-22 31-Dec-21 30-Sep-22 31-Dec-22 GEL USD EUR Other GEL USD EUR Other 52 Source: IFR

  53. Slide 53: Funding Repayment Ladder

    FUNDING REPAYMENT LADDER Debt securities, subordinated and senior loans’ principal amount repayments by years (USD mln) 1 FY 2022 AND Q4 2022 CALL PRESENTATION 379.3 47.3 16.5 6.1 75.0 24.0 275.5 16.1 181.8 65.4 37.0 145.3 127.7 61.9 27.5 12.5 5.0 44.5 6.1 2023 2024 2025 2026 2027 2028 2029 2030 203

  54. Slide 54: Sensitivity Analysis and FC Details for Selected P/L Items

    SENSITIVITY ANALYSIS AND FC DETAILS FOR SELECTED P/L ITEMS Sensitivity analysis The share of selected FC denominated P/L Items, Q4 2022 FY 2022 AND Q4 2022 CALL PRESENTATION 10% Currency FC % of respective Depreciation Effect totals NIM1 Interest income 35% -0.10% to -0.13% Interest expense 28% Regu

  55. Slide 55: TBC Insurance Standalone Performance

    TBC INSURANCE STANDALONE PERFORMANCE Net Earned Premium1 & GWP (mln GEL) GWP distribution by products as of 31 December 2022 FY 2022 AND Q4 2022 CALL PRESENTATION 21.8%2 24.5%2 26.4% 26.1% 24.5%2 2% +37.0%/+29.3% +30.2%/+15.8% -2.4%/+7.0% 6% Life & PA 26% Motor 147.1 19% 119.7 38.2 113.8 87.4 33.0 3

  56. Slide 56: Loan Yields and Deposit Costs by Segments

    LOAN YIELDS AND DEPOSIT COSTS BY SEGMENTS Total portfolio: loan yield and deposit cost CIB: loan yield and deposit cost FY 2022 AND Q4 2022 CALL PRESENTATION 10.2% 10.6% 11.9% 12.1% 9.2% 9.2% 9.3% 10.7% 10.8% 11.2% 4.8% 4.8% 5.2% 4.5% 4.5% 3.7% 3.7% 3.9% 4.3% 3.4% Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q4'21

  57. Slide 57: Contents

    CONTENTS FY 2022 AND Q4 2022 CALL PRESENTATION Business FY 2022 and Appendices update Q4 2022 Key ratios Financial Results 57

  58. Slide 58: Selected Ratios Calculated Based on Monthly Averages

    SELECTED RATIOS CALCULATED BASED ON MONTHLY AVERAGES Average balances included in this document are calculated as the average of the relevant monthly balances as of each month-end. Balances have been extracted from TBC's unaudited and consolidated management accounts prepared from TBC's accounting r

  59. Slide 59: Ratio Definitions

    RATIO DEFINITIONS 1. Return on average total equity (ROE) equals net income attributable to owners divided by the monthly average of total shareholders’ equity attributable to the PLC’s equity holders for the same period; annualised where applicable. FY 2022 AND Q4 2022 CALL PRESENTATION 2. Return o

  60. Slide 60: Segment Definitions

    SEGMENT DEFINITIONS FY 2022 AND Q4 2022 CALL PRESENTATION Segment Definitions (updated in 2022) CIB: – a legal entity/group of affiliated entities with an annual revenue exceeding GEL 15.0 million or which has been granted facilities of more than GEL 6.0 million. Some other business customers may al

  61. Slide 61: Glossary

    GLOSSARY FY 2022 AND Q4 2022 CALL PRESENTATION Terminology Definition Consumer loans offloading Consumer loans offloading ratios includes the number of consumer loans disbursed via the remote channels divided by total number of such loans issued. Conversion rate Conversion rate is number of loans (o

  62. Slide 62: Contact Investor Relations

    FY 2022 AND Q4 2022 CALL PRESENTATION R-0 R - 255 R - 241 R - 146 R - 65 G - 173 G - 255 G - 241 G - 165 G - 65 B - 238 B - 255 B - 241 B - 185 B - 65 CONTACT INVESTOR RELATIONS R - 39 R - 71 R - 80 R - 135 R - 98 R-5 R - 244 R - 195 R - 164 R - 241 G - 72 G - 120 G - 121 G - 193 G - 214 G - 225 G -

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