First Investment Bank Ad · BSESOF:FIB

First Investment Bank Ad — Investor Presentation (November 2018)

14 slides from First Investment Bank Ad's investor presentation, Nov 15, 2018

  1. Slide 1: Fibank Presentation: Meeting with Minority shareholders

    Fibank Presentation Meeting with Minority shareholders 15 November 2018

  2. Slide 2: Fibank & the banking system

    Fibank & the banking system GROUP 1: TOP 5 BANKS TOTAL ASSETS (Q3’18, BGNm) MARKET SHARE (Q3’18%) GROUP 2: OTHER BANKS UniCredit Bulbank 19,150.1 18.6% TOTAL ASSETS MARKET SHARE (Q3’18, BGNm) (Q3’18, %) DSK Bank 12,864.7 12.5% Raiffeisenbank Bulgaria 7,496.9 7.3% United Bulgarian SG Expressbank 6,57

  3. Slide 3: In Q3 2018 Fibank grows above the average for the banking system

    In Q3 2018 Fibank grows above the average for the banking system… Fibank and the Banking Sector as at 30 September 2018 in BGN M June 2018 September 2018 Growth, % Banking system 100 135 103 191 3.1 Assets Fibank 8 870 9 234 4.1 Deposits (other than from Banking system 80 749 83 236 3.1 credit insti

  4. Slide 4: Keeps the #3 for preferred lender and on track to return to #3 in deposits

    …keeps the #3 for preferred lender and on track to return to #3 in deposits… TOTAL ASSETS LOANS DEPOSITS Market share (Q3/18 & 2017) Market share (Q3/18 & 2017) Market share (Q3/18 & 2017) 3 4 4 *At the beginning of 2018 has finished the legal merger of CIBANK into United Bulgarian Bank 4

  5. Slide 5: Standing up for its market shares

    …standing up for its’ market shares RETAIL CONSUMER MORTGAGE CORPORATE DEPOSITS LOANS LOANS LOANS Market share (Q3/18 & 2017) Market share (Q3/18 & 2017) Market share (Q3/18 & 2017) Market share (Q3/18 & 2017) 2 3 4 7 *At the beginning of 2018 has finished the legal merger of CIBANK into United Bulg

  6. Slide 6: Key figures

    Key figures Stand alone Actual (YTD) Actual (YTD) +/- +/- In BGN '000 30-09-18 30.09.2017 % Net interest income 189,622 188,305 1,318 1% 1 • Growing Net interest income due to 1 higher lending volumes Net fee and commission income 68,624 73,891 -5,266 -7% 2• Total income from banking Net trading inc

  7. Slide 7: Key figures

    Key figures Stand alone Total assets Balance Sheet 9 234 BGN M Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 +BGN 591 m 6.8% Liquid assets 2 177 2 179 1 991 2 202 2 399 Loans and advances to 8 643 4 882 5 018 5 013 5 189 5 375 customers Other assets 1 492 1 445 1 438 1 480 1 460 Total assets 8 551 8 643 8

  8. Slide 8: Liquidity

    Liquidity Stand alone • Solid liquidity ratios Deposits from individuals 6 244 • Strong liquidity of 26.35% at the end of 6 192 September (BNB recommendation of >20%) 6 146 • > BGN 2 bn of liquid assets • Growing deposit base 6 075 6 062 6 051 6 037 6 026 6 015 6 011 Liquidity ratios 350% Dec-17 Jan

  9. Slide 9: Key ratios

    Key ratios FIBank AD 30/09/2018 30/06/2018 31/03/2018 31-12-17 Key Ratios Capital Adequacy Overall Capital Adequacy* 15.00% 16.28% 15.60% 16.91% 14.61% 15.96% 16.18% Tier 1 capital adequacy* 15.00% 16.28% 15.60% 16.91% 14.61% 15.96% 16.16% CET1 adequacy* 12.07% 13.38% 12.57% 13.92% 11.48% 12.88% 13.

  10. Slide 10: Three key strategic imperatives in Fibank's strategy

    Three key strategic imperatives in Fibank’s strategy 2018-2021 Strengthen Keep Ensure Retail / Protect Profitability Stability Corporate • Grow in Retail as an • Drive fee & commission • Strengthen existing attractive growth area income (esp. transactional portfolio without - Achieve over 50% of bus

  11. Slide 11: Retail and SME business loans grew strongly, with rationalization of corporate lending

    Retail and SME business loans grew strongly, with rationalization of corporate lending Stand alone RETAIL & MICRO LOANS CORPORATE AND SME LOANS Retail & Micro Loans Business Loans (BGN M, 2016-Q3’18) (BGN M, 2016-Q3’18) +46% 800 +21% Corporate loan 715 decrease driven 660 -8% 4.000 by refinancing an

  12. Slide 12: NPE Strategy

    NPE Strategy • Fibank together with BAIN &CO developed a new NPE strategy till 2021 • Strategy developed for the existing stock of NPEs could decrease NPE ratio by ~18 p.p. by the end of 2021 (decrease from 21% in Q1 2018 to 3% by EOY2021) • De-risking of current exposures can be done in multiple wa

  13. Slide 13: Fibank

    20 Fibank la My ban

  14. Slide 14: Disclaimer

    Disclaimer This presentation has been prepared solely for information purposes. First Investment Bank AD (the “Company”) and its representatives bear no responsibility (and shall not be liable) for the accuracy, completeness (or lack thereof) or current status of any information contained herein, no

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