Mkb · RUS:CBOM

Mkb — Credit Bank of Moscow — H1 2014 Earnings Presentation

16 slides from Mkb's earnings presentation, Sep 8, 2014

  1. Slide 1: 1H 2014 IFRS Results

    Webcast and Conference call 8 September, 2014 1H 2014 IFRS Results Vladimir Chubar CEO, Member of the Supervisory Board Elena Shved Head of Finance Division

  2. Slide 2: Disclaimer

    Disclaimer 2 This presentation is based on the reviewed IFRS results for 1H2014, 1H2013 and 1H2012 as well as audited IFRS results for FY2013, FY2012 and FY2011. However, it includes certain information that is not presented in accordance with the relevant accounting principles and has not been veri

  3. Slide 3: Agenda

    Agenda 3 Key developments and business overview 4 Financial performance and strategic positioning 9 Annex 15

  4. Slide 4: Overview

    Overview 4 Key Highlights Key Financials Balance sheet (RUB bln) 2012 2013 1H2014  #14 bank in Russia by total assets1 Total Assets 308.7 454.2 486.7  #4 privately owned bank in Russia by total assets1 Gross Loans 205.9 317.9 356.9 Customer Deposits 189.0 274.9 295.4  Corporate banking, servicing

  5. Slide 5: Key developments in 1H2014 and up to date

    Key developments in 1H2014 and up to date 5  Financial Highlights • 1H2014 IFRS net income increased by 10.9% on 1H2013 to RUB 4,243 mln (USD 126.2 mln) • Assets grew 7.2% reaching RUB 486,730 mln (USD 14,472.8 mln) • The gross loan portfolio increased by 12.3% in 1H2014 to RUB 356,861 mln (USD 10,

  6. Slide 6: Corporate Banking: strong niche market player

    Corporate Banking: strong niche market player 6 Corporate loan (gross) and deposit portfolio dynamics1 Corporate loans breakdown by industry1 (1H2014) (RUB mln) 9% 11% 17% 34% 41% 71% Stationery; 3% Other; 8% Construction ; Furniture; 3% 10% 239,118 220,010 Pharmaceutical Food and farm ; Property re

  7. Slide 7: Retail Banking: retail expansion well underway

    Retail Banking: retail expansion well underway 7 Retail loan (gross) and deposits portfolio dynamics Network development (RUB mln) 74 84 91 69% 25% 94% 26% 20% 4% 5,200 5,534 134,467 139,981 117,743 3,906 107,012 97,850 50,392 1,190 1,358 858 694 710 766 2012 2013 1H2014 2012 2013 1H2014 Loans (gros

  8. Slide 8: Agenda

    Agenda 8 Key developments and business overview 4 Financial performance and strategic positioning 9 Annex 15

  9. Slide 9: Income and Expenses: CTI ratio of 34% driven by strong earnings and operational efficiency

    Income and Expenses: CTI ratio of 34% driven by strong earnings and 9 operational efficiency Operating income Operating expenses Net interest income Other net income (loss) Salaries and employment benefits Other expenses1 Net fee and commission income Administrative expenses (RUB mln) (RUB mln) +10%

  10. Slide 10: Assets: growing asset base with focus on high quality

    Assets: growing asset base with focus on high quality 10 Assets structure Assets and loan portfolio (net) dynamics (RUB mln) 2% 58% 1% 14% 486,730 3% 47% 454,202 7% 23% 308,727 9% 234,575 215,557 +9% +41% 48% 152,482 Total net loan 93,384 +19% 111,168 48,752 +92% portfolio 2012 2013 1H2014 71% Corpo

  11. Slide 11: Loan Portfolio expands while retaining strong quality metrics

    Loan Portfolio expands while retaining strong quality metrics 11 NPL1 and Provisioning dynamics NPL3 and Provisioning ratio dynamics (RUB mln) NPL Retail loans NPL Total 2.3% 2.4% 2.1% 2.4% 2.2% NPL Corporate loans LLP ratio 5.3% 10,077 11,118 4.5% 4.1% 3.9% 8,919 3.8% 8,194 3.0% 3.1% 6,788 2.6% 2.7

  12. Slide 12: Well Balanced Funding Structure

    Well Balanced Funding Structure 12 Funding base1 Deposits by credit institutions Retail term deposits Bonds issued  Good diversification of funding base with significant share of customer deposits, which Corporate term deposits Retail demand deposits Other now represent 69% of total liabilities Cor

  13. Slide 13: High Capital Position

    13 High Capital Position 13 1 IFRS Capital Adequacy Ratio RAS Capital Adequacy Ratios (RUB bln) 12.3% 12.9% 12.4% 12.0% 14.7% 15.8% 14.3% Min N1.0=10% 13.4% 10.2% 7.6% 8.0% 10.5% 7.5% 8.0% Min N1.2=5.5% 38.2 45,0 49.1 71,1 53.4 73,2 Min N1.1=5% 2012 2013 1H2014 2011 2012 2013 1 Sep 2014 Tier I Capit

  14. Slide 14: Agenda

    Agenda 14 Key developments and business overview 4 Financial performance and strategic positioning 9 Annex 15

  15. Slide 15: Key Metrics of Financial Performance

    15 Key Metrics of Financial Performance 15 2013-1H2014 RUB, mln 2012 2013 1H2014 Change, % Total assets 308,727 454,202 486,730 +7.2% Loans to customers (gross) 205,933 317,860 356,861 +12.3% Total equity 39,292 50,658 54,902 +8.4% NPL / Gross loans 1.0% 1.3% 1.9% - Total provisions / NPL 238.9% 212

  16. Slide 16: Thank you

    Thank you Investor Relations: tel: +7 (495) 797-42-22 ext. 6223 e-mail: ir@mkb.ru

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