Raiffeisen Bank International Ag · VIE:RBI
Raiffeisen Bank International — Shareholder Meeting (April 2021)
28 slides from Raiffeisen Bank International's shareholder meeting presentation, Apr 22, 2021
Slide 1: Annual General Meeting Raiffeisen Bank International
Annual General Meeting Raiffeisen Bank International 22 April 2021
Slide 2: Welcome
Welcome Erwin Hameseder Chairman of the Supervisory Board Annual General Meeting 5
Slide 3: 1st Agenda Item
1st Agenda Item Presentation of the approved annual financial statements, including the management report, the consolidated financial statements and consolidated management report, each as at 31 December 2020, and the proposal for the utilization of profit, the separate non-financial report and the
Slide 4: Supervisory Board Report
Supervisory Board Report Erwin Hameseder Chairman of the Supervisory Board Annual General Meeting 7
Slide 5: Management Board Report
Management Board Report Johann Strobl CEO Annual General Meeting 8
Slide 6: FY 2020 Consolidated Profit and RoE
FY 2020 Consolidated Profit and RoE Consolidated profit of EUR 804 mn despite impact of COVID-19 Consolidated profit Consolidated RoE 1-12/2020 1-12/2020 EUR 804 mn 6.4% -34% y-o-y -4.5 pp y-o-y Demonstrating the resilience of the business in a challenging environment CET 1 ratio Provisioning ratio
Slide 7: Revenues and Opex
Revenues and Opex Core revenues impacted by rate cuts, lockdown measures, and weaker currencies in most CEE countries 3,241 Net interest margin 1,738 1-12/2020 -5% -3% 2.15% in EUR mn y-o-y y-o-y -29 bps y-o-y Net interest Net fee & commission income income Continued focus on improving efficiency wi
Slide 8: Balance Sheet
Balance Sheet 31/12/2020 y-o-y 31/12/2020 y-o-y Assets (in EUR mn) 165,959 +9% Liabilities (in EUR mn) 165,959 +9% Loans to banks 11,952 +27% Deposits from banks 29,121 +23% Loans to customers 90,671 -1% Deposits from customers 102,112 +6% Securities 22,162 +13% Debt issued and other liabilities 20,
Slide 9: Capital Ratios Well Above Regulatory Requirements
Capital Ratios Well Above Regulatory Requirements Regulatory capital requirements 31/12/2020 (including results) RBI Regulatory 18,4% 15,7% 14.91% 13,6% Tier 2 (incl. P2R) 2.56% 12.35% AT 1 10.42% 1.92% (incl. P2R) 4.66% CBR 12.35% Tier 1 1,27% P2R 10.42% CET 1 4.50% Pillar 1 CET 1 Tier 1 Total Capi
Slide 10: CET1 Ratio Development
CET1 Ratio Development Y-o-Y -29 bps 13.9% +86 bps 13.6% -40 bps +22 bps -56 bps FX -24 bps effect -17 bps Credit Retained risk Market & Non- earnings operational OCI valuation deduction risk & other software effects assets FY 2019 Dividend accruals Acquisition of Equa bank FY 2020 The CET1 ratio
Slide 11: Non-performing Exposure Ratio at All-time Low
Non-performing Exposure Ratio at All-time Low FY 2017 FY 2018 FY 2019 FY 2020 NPE ratio 4.0% 2.6% 2.1% 1.9% NPE coverage ratio 56.1% 58.3% 61.0% 61.5% Provisioning ratio (Average loans to customers) 68 bps 41 bps 26 bps 21 bps Annual General Meeting 14
Slide 12: Growing in the Czech Republic
Growing in the Czech Republic Raiffeisen Czech Republic is the largest CEE Bank in the RBI network by loans to customers Leader in digitalization and cross-selling 2020 Efficiency drive With the acquisition of Equa Bank Raiffeisen will become the 4th largest retail bank in the Czech Republic: Target
Slide 13: Three Strategic Initiatives to Accelerate Growth
Three Strategic Initiatives to Accelerate Growth Acquisition of Equa Bank Loan growth Clients Digital banking users Online digital sales 11% (3-year CAGR) 480k 300k 50% Synergies: Complementary: Digital: EUR 50 mn p.a. expected synergies Strong growth with focus on consumer lending Proven digi
Slide 14: ESG Milestones
ESG Milestones 1 Largest Austrian issuer of Green Bonds New Thermal Coal Policy towards achieving the Paris Agreement Goals #2 bookrunner in sustainable issuance in RBI’s home markets First Austrian banking Group signing global UN Principles for Responsible Banking ESG ESG KPIs introduced on board l
Slide 15: New Thermal Coal Policy
New Thermal Coal Policy Focus on renewable energy, phase-out of thermal coal 1/3 >25% Around one-third of Austrian No new loans for customers Effective immediately, no corporate loans for ESG- with more than 25 per cent new financial services for new compliant investments by thermal coal sales, outs
Slide 16: UN Principles for Responsible Banking Signatory
UN Principles for Responsible Banking Signatory Signing the global UN Principles for Responsible Banking as the first Austrian banking group in January 2021, RBI has demonstrated its pioneering role particularly in Austria A single framework for a sustainable banking industry developed through an in
Slide 17: Positive Macro Outlook
Positive Macro Outlook Supportive GDP forecasts across the markets: GDP growth (real, % y-o-y) pent-up demand will support consumption during the second half of the year Pace of recovery may be uneven EE 2021f 2.4% across the region 2020 -3.0% CE 2021f 3.7% 2020 -3.9% Austria 2021f 3.5% 2020 -6.6% S
Slide 18: Outlook and Targets
Outlook and Targets Loan Growth We expect modest loan growth in the first half of 2021, accelerating in the second half of the year Risk Costs The provisioning ratio for FY 2021 is expected to be around 75 basis points, as moratoria and government support programs expire Cost / Income Ratio We remai
Slide 19: Proposed dividend of EUR 0.48 per share for 2020
Proposed dividend of EUR 0.48 per share for 2020 FY 2020 proposed dividend In line with the ECB’s recommendation on dividend payments EUR 0.48 per share EUR 157.9 mn total FY 2019 dividend still deducted Will be considered once the ECB’s recommendation on dividend payments has been lifted EUR 1.00
Slide 20: Financial Calender
Financial Calender 23 April 2021 Start of Quiet Period1 28 April 2021 Ex-Dividend Date 29 April 2021 Record Date Dividends 30 April 2021 Dividend Payment Date 07 May 2021 First Quarter Report, Conference Call 16 July 2021 Start of Quiet Period1 30 July 2021 Semi-Annual Report, Conference Call 20 Oct
Slide 21: 2nd Agenda Item
2nd Agenda Item Resolution on the utilization of net profit, as shown in the annual financial statements as at 31 December 2020. Annual General Meeting 24
Slide 22: 3rd Agenda Item
3rd Agenda Item Resolution on the release of the members of the Management Board from liability for the 2020 financial year. Annual General Meeting 25
Slide 23: 4th Agenda Item
4th Agenda Item Resolution on the release of the members of the Supervisory Board from liability for the 2020 financial year. Annual General Meeting 26
Slide 24: 5th Agenda Item
5th Agenda Item Resolution on the amount of remuneration to be paid to the members of the Supervisory Board. Annual General Meeting 27
Slide 25: 6th Agenda Item
6th Agenda Item Appointment of an auditor (bank auditor) for the audit of the annual financial statements and consolidated financial statements for the 2022 financial year. Annual General Meeting 28
Slide 26: 7th Agenda Item
7th Agenda Item Resolution on the report of the remuneration of the members of the Management Board and the Supervisory Board for the 2020 financial year (remuneration report 2020). Annual General Meeting 29
Slide 27: Goodbye. Stay well.
Raiffeisen Bank International ‘Member of RBI Group Goodbye. Stay well.
Slide 28: Disclaimer
Disclaimer Certain statements contained herein may be statements of only. Subject to applicable securities law requirements, we Financial Services and Markets Act 2000) in connection with future expectations and other forward-looking statements disclaim any intention or obligation to update or revis
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