Kraft Bank ASA · OSL:KRAB
Kraft Bank ASA — Rogaland Investor Forum 2021
12 slides from Kraft Bank ASA's conference presentation, Aug 19, 2021
Slide 1: Rogaland Investor Forum
kraftbank.no Rogaland Investor Forum 19.08.21
Slide 2: Kraft Bank – not a consumer loan bank!
Kraft Bank – not a consumer loan bank! Kraft Bank Helps people recover from financial distress. We provide a thorough analysis of customers economy to find better solutions. Kraft Bank approaches each customer with respect. 2 kraftbank.no
Slide 3: Kraft Bank? Positioned between mortgage and consumer-loan banks
Kraft Bank? Positioned between mortgage-loan banks and consumer-loan banks High Product price Low Low Credit risk High 3 kraftbank.no
Slide 4: Short story - Kraft Bank ASA
Short story - Kraft Bank ASA Norwegian households have too much debt Growth in consumer loans has increased customer in financial distress Business idea Provide banking for customers who are rejected by other banks Only two products, loans and deposits Raised equity MNOK 300 in February 2018 The sta
Slide 5: Technology
Technology Very low investment cost setting the bank up, including all systems: • System suite chosen to match business model • Short project period • Cost efficient set-up • Highly competent employees • Early profitability Operations: • High degree of manual analysis of customers • Loan production
Slide 6: Fin-Tech targets profitable niches of banking
Fin-Tech targets profitable niches of banking Full service providers. Kraft Bank • Lending • Lending • Deposits • Deposits • Debit cards (no deposits from or lending to • Credit cards corporations) • Payments • Insurance • Investments • Real estate brokers • Asset management • Markets operations • F
Slide 7: Kraft Bank’s systems suite
Kraft Bank’s systems suite Our core system offers very efficient API integration and operations API API 7 kraftbank.no
Slide 8: Organisation
Organisation Minimizing staff, maximazing employees working towards customers (65%) General assembly BOD Risk and CEO Marketing Compliance Svein Ivar Førland CLO CFO COO Jonathan G. W Ole Jacob Olsnes Sune S. Madland Sunnarvik Accounting Customer Financial Technology/ AML support advisors Support 13
Slide 9: Environment, Social and Governance (ESG)
Environment, Social and Governance (ESG) Environment • Being responsible in all choices • Impacts purchases and travel etc. Social • Kraft Bank’s business model is to help people and the society • This is the foundation for our existence • We only refinance if we can find a better economic situation
Slide 10: ESG figures
ESG figures Total number of customers helped : 1250 Number of customers returned to ordinary banks : 389 No temporary employees • 35 FTE’s + 2 part time students All customers are in personal contact with our financial advisors. People in financial distress does not want advice from a robot or have
Slide 11: Financial highlights from 2. Quarter 2021
Financial highlights from 2. Quarter 2021 After almost 3 years of operations ▪ Total loans to customers 2.024 million as of 30. June 2021 ▪ Net profit after tax 11,6 MNOK ▪ 14% ROE Long term goal ▪ ROE >15% ▪ New dividend policy from 2021 Loans to customers Net profit after tax 2 500 14 12 2 000 10
Slide 12: Takk for oss!
Thefor Takk end! oss! kraftbank.no