Banca Transilvania Sa · BVB:TLV
Banca Transilvania Sa — Merger or Acquisition (November 2017)
7 slides from Banca Transilvania Sa's merger presentation, Nov 24, 2017
Slide 1: Acquisition of Bancpost, ERB Retail Services and ERB Leasing
Acquisition of Bancpost, ERB Retail Services and ERB Leasing Presentation for investors and media 24 November, 2017
Slide 2: Disclaimer
Disclaimer The information contained in the present document has not been independently verified and no representation or warranty expressed or implied is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of this information or opinions contained her
Slide 3: Transaction summary
Transaction summary On 15 September, Banca Transilvania (“BT”) and Eurobank (“ERB”) entered into detailed negotiations around the potential acquisition of Bancpost by BT Today, BT and ERB announce that they have reached a final agreement envisaging the acquisition by BT of Eurobank’s banking, co
Slide 4: Strategic rationale for the acquisition
Strategic rationale for the acquisition 1 …creating a market leader by loans and deposits Bancpost: attractive and financially sound platform with a strong country- Net loans, RONbn (2016) wide multi-channel distribution network 32.9 2 Combination of Banca Transilvania Peer 1 32.3 and Bancpost creat
Slide 5: Snapshot of Eurobank Romania businesses
Snapshot of Eurobank Romania businesses Transaction Perimeter(1) Key Metrics (RONm) – 2016 Loans (net) 5,380 249 77 5,706 Deposits 8,968 - - 8,884 Total equity 1,329 341 46 1,716 PPI 83 38 3 124 PAT 15 25 (0) 40 Employees(2) 1,976 102 13 2,091 Branches 147 - - 147 Top 10 universal bank that offers
Slide 6: Relative contribution analysis
Relative contribution analysis Eurobank Romania would contribute on average c.16% to the combined entity based on various parameters 2016, RONm Net interest income 1,764 425 Total revenues 3,007 542 Operating costs 1,290 418 Impairment charge 658 94 Profit before tax 1,059 30 Net income 1,272 40 Net
Slide 7: Timeline and next steps
Timeline and next steps 4Q 2017 1Q 2018 1H 2018 2018 onwards Signing of SPA Regulatory Approvals 24th November 2017 Closing of the Transaction Operational and IT Integration
Banca Transilvania — Merger or Acquisition (November 2017) on 6ix