Banca Transilvania Sa · BVB:TLV
Banca Transilvania Sa — H1 2022 Earnings Presentation
32 slides from Banca Transilvania Sa's earnings presentation, 2022
Slide 1: H1 Financial Results
BANCA TRANSILVANIA H1 Financial Results
Slide 2: 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 herein. Banca
Slide 3: BT in H1 2022
BT in H1 2022 Financial Performance Capital Sustainability Appendix
Slide 4: Real Economy
REAL ECONOMY GDP, investments, and consumption (%, YoY) GDP Private consumption Fixed investments (rgs) After the Q1 acceleration in 1Q the macroeconomic climate 20 60 15 deteriorated in 2Q, due to the accumulation of the inflationary 40 10 20 pressures and to the intensification of the risk percept
Slide 5: Policy Mix
POLICY MIX Inflation (HICP) vs. policy rate Consumer prices (HICP) (YoY) Monetary policy rate Consumer prices core (HICP) (YoY) The acceleration of the inflationary pressures determined the 14% 12% central bank to intensify the normalization of the monetary 10% 8% policy 6% 4% • The consum prices (H
Slide 6: Financial Economy
FINANCIAL ECONOMY 3M ROBOR, Yield on 10 YR Bonds, and EUR/RON 3M ROBOR Yield on 10YR Bonds (%) EUR/RON (rhs) The interest rates on money market and bonds market 10.0 5.0 4.9 continued the upward trend, while EUR/RON slightly 8.0 4.8 6.0 4.7 depreciated in 2Q 4.6 4.5 4.0 4.4 • The money market intere
Slide 7: Loans
LOANS Loans (YoY) Total RON FX The non-government loans continued to increase by 25% 20% accelerating YoY paces in 2Q 15% 10% • The non-government loans rose for the 25th month in row in June, by 5% 2.2% MoM to RON 352.8bn (a record level) – the YoY pace accelerated 0% to 17.5% (the maximum since Ap
Slide 8: Deposits
DEPOSITS Deposits (YoY) Household Corporate Total The loans-to-deposits ratio increased in 2Q 2022, an evolution 25% determined by the slowing-down of the non-government 20% 15% deposits 10% • The non-government deposits inched up by only 0.01% MoM to RON 5% 481.1bn in June, close to the record leve
Slide 9: Financial Performance
1. Macroeconomic Landscape E39 Financial Performance G3 cap tal 5.| Susta 6.| Appendix
Slide 10: IMM Invest – H1 2022 and Government grants
IMM Invest – H1 2022 RON 2,800.6 mil 15,837 FGCR 7% 4,854 -31% chose BT BT participated actively in the government relief programs, IMM Invest & granted Companies with 3,660 approved loans AGRO IMM Invest, as well as government grants IMM Invest: FNGCIMM 93% granted • From RON 7.5bn granted by FNGCI
Slide 11: Idea Bank: the first fully digital bank in Romania
Idea Bank: the first fully digital bank in Romania Banca Transilvania’s takes on a new RETAIL COMPANIES challenge: to build a 100% digital bank Internal platform BT ONE, based Internal platform BT ONE, based on around Idea::Bank, for customers with a on the FLOWX.AI advanced the FLOWX.AI advanced te
Slide 12: Financial Performance
Macroeconomic Landscape BT in H1 2022 Financial Performance Capital Sustainability Appendix
Slide 13: Profitability
INDIVIDUAL CONSOLIDATED Profitability H1 2022 H1 2021 Δ H1 2022 H1 2021 Δ Net interest income, RONmn 1,694.9 1,357.0 24.9% 2,031.4 1,529.0 32.9% Net fee and commission income, RONmn 465.8 382.2 21.9% 551.0 447.0 23.3% Operating expenses, RONmn (1,213.6) (1,013.1) 19.8% (1,453.3) (1,132.7) 28.3% Pre-
Slide 14: Operating profit bridge H1 2021 to H1 2022
+24.9% -2.8% 1,695 1,157 1,124 1,357 +21.9% +75.9% H1 2021 H1 2022 382 466 +19.8% 358 204 221 -149 Net interest Net fee & Net trading income commission income Net gain/loss Pre-provision income from fin. operating profit assets -1,013 -1,214 Operating expenses RONmn 14
Slide 15: Loans to households and companies
LOANS TO HOUSEHOLDS other 0.08 Dec/21 Jun/22 Jun/22 RON 26.9bn ↑6% RON 28.4bn LOANS TO COMPANIES Dec/21 Jun/22 Jun/22 RON 23bn ↑18% RON 27.2bn *SMEs identified according to internal classification rules 15
Slide 16: Stable NPL (PAR90) ratio, below 2% (1.76%)
NPL COVERAGE RATIO Stable NPL (PAR90) ratio, below 2% (1.76%) 133% • Banca Transilvania continues to display a sound loan 127% 128% 128% 125% 126% portfolio: NPL ratio on a downward trend versus previous year; 49% 57% 47% 44% 41% 38% • NPL coverage, including collaterals, stable in the first half of
Slide 17: Deposits from households and companies
DEPOSITS FROM HOUSEHOLDS Dec/21 Jun/22 Jun/22 ↑3.6%* RON 70.9bn RON 68.4bn DEPOSITS FROM COMPANIES Dec/21 Jun/22 Jun/22 RON 34.3bn ↑7.9%** RON 37.0bn Notes: *Retail deposits transferred from Idea Bank: RON 1.09bn; **Corporate deposits transferred from Idea Bank: RON 0.34bn. 17
Slide 18: Retail loan portfolio reached RON 28.4bn
RETAIL LOANS, RON BN Retail loan portfolio reached RON 28.4bn at the end of H1 2022 28.4 26.9 • ~3.3mn active clients and over 70,000 retail loans disbursed 24.0 23.0 in the second quarter of 2022, worth RON 2.35bn; 21.2 2.9 • Well positioned in the online payments area, with a 16.7 portfolio of 5mn
Slide 19: SME loan portfolio at RON 8.0bn
SME LOANS, RON BN SME (internal definition) loan portfolio at RON 8.0bn 8.0 • Over 394,200 active clients, +5% increase vs EOY 2021; 6.8 • In H1 2022, more than 5,000 new clients were registered 6.1 each month, out of which in average 73% are new 5.4 5.0 companies; 0.3 4.3 • Loans worth ~RON 2.5bn g
Slide 20: Corporate loan portfolio consolidated to RON 19.2bn
CORPORATE LOANS, RON BN Corporate loan portfolio consolidated to RON 19.2bn 19.2 • Over 11,700 active clients; 16.2 • Lending activity in H1’22 rendered over 860 new loans, 13.4 12.6 12.7 amounting to RON 7.4bn; 10.7 1.6 • Significant increase in new productions: >100% for MidCO segment and 150% for
Slide 21: Capital
44-4-1-\.\ LL) 1. Macroeconomic Landscape €4 Brin t1 2022 E3 Financial Performance €3 sustainability 6.| Appendix
Slide 22: Structure of own funds
STRUCTURE OF OWN FUNDS Banca Transilvania has strong capital positions, well above those impose by capital requirements and regulatory guidance RON 10.5bn Total Capital 1.3bn Retained earnings and reserves - 12% 22.39% 1.4bn Other - 13% 22.39% 19.48% 2.91% 15.84% 3.64% 1.5bn Tier 2 Capital - 14% 10.
Slide 23: Sustainability
Macroeconomic Landscape BT in H1 2022 Financial Performance Capital | ig 4 : Appendix | | : OORBOUEEREREDY ccaeianes TTT tree Hilh
Slide 24: ESG Risk Rating and blue financing loan
First ESG Risk Rating obtained in June 2022 from Sustainalytics: Top 15% of all Sustainalytics universe No.133 Top 8% from 1,003 banks globally of regional banks Strong performance was noted in the following area: ✓ governance of product offer and; ✓ exclusion lists of polluting sectors, such as the
Slide 25: Green loans by sector
SHARE OF GREEN LOANS BY SECTOR 30.06.2022, ACCORDING TO CAFI 0.07% Green or sustainability-oriented banking: a must for a better future: 0.07 C O M P A N I E S R E T A I L RON 784 MN RON 1,417 MN value of approved corporate green loans to private individuals green loans, as assessed by IFC in the lo
Slide 26: BT Group subsidiaries total assets
TOTAL ASSETS RON 134BN TOTAL ASSETS RON 666MN TOTAL ASSETS RON 1,612MN AUM RON 4,919MN TOTAL ASSETS RON 405MN TOTAL ASSETS RON 713MN AUM RON 129MN TOTAL ASSETS RON 4,054MN TOTAL ASSETS* RON 2,378MN *Value refers to Idea Group TOTAL ASSETS RON 1,155MN 26
Slide 27: Appendix
Macroeconomic Landscape BT in H1 2022 Financial Performance Capital Sustainability
Slide 28: Individual income statement
RONmn H1 2022 H1 2021 Δ Net interest income 1,694.9 1,357.0 24.9% Net fee and commission income 465.8 382.2 21.9% Net trading income 358.5 203.8 75.9% Other net income (181.6) 226.9 -180.0% Operating income 2,337.6 2,169.9 7.7% Personnel expenses (693.8) (580.6) 19.5% D&A (167.7) (173.8) -3.5% Other
Slide 29: Individual balance sheet
RONmn Jun/22 Dec/21 Δ Cash & cash equivalents 15,927.8 16,763.6 -5.0% Placements with banks and public institutions 7,579.7 9,612.7 -21.1% Loans to customers, net 60,206.8 52,238.5 15.3% T-bills & securities 45,507.5 42,785.7 6.4% Fixed assets 1,009.6 987.4 2.3% Right-of-use assets 663.3 706.6 -6.1%
Slide 30: Consolidated income statement
RONmn H1 2022 H1 2021 Δ Net interest income 2,031.4 1,529.0 32.9% Net fee and commission income 551.0 447.0 23.3% Net trading income 380.8 261.6 45.6% Other net income (129.4) 172.4 -175.0% Operating income 2,833.8 2,410.0 17.6% Personnel expenses (818.5) (650.7) 25.8% D&A (188.5) (178.0) 5.9% Other
Slide 31: Consolidated balance sheet
RONmn Jun/22 Dec/21 Δ Cash & cash equivalents 17,518.7 18,320.9 -4.4% Placements with banks and public institutions 6,835.3 10,394.3 -34.2% Loans to customers, net 64,862.6 56,117.8 15.6% T-bills & securities 46,679.3 44,204.2 5.6% Fixed assets 1,639.9 1,492.9 9.8% Right-of-use assets 459.5 492.0 -6
Slide 32: Contact and investor relations details
30 – 36, Dorobanților Street, Cluj-Napoca, Cluj, 400117, Romania +40 264 407 150 | +40 264 301 128 investor.relations@btrl.ro www.bancatransilvania.ro/en/investor-relations www.bancatransilvania.ro