National Bank Of Canada · TSX:NA
National Bank Of Canada — Shareholder Meeting (2009)
22 slides from National Bank Of Canada's shareholder meeting presentation, 2009
Slide 1: Address by Louis Vachon, President and CEO
NATIONAL BANK FINANCIAL GROUP ADDRESS BY LOUIS VACHON PRESIDENT AND CHIEF EXECUTIVE OFFICER
Slide 2: Themes
i Themes B> 150° anniversary ibe Financial and economic context BD Strategic development NATIONAL BANK FINANCIAL GROUP
Slide 3: National Bank: an essential driver of economic development
i National Bank: an essential driver of economic development B> National Bank is one of the top drivers of economic development in Quebec > Today, one of the province’s three financial pillars BD The Bank is also a key player in many regions and chosen markets NATIONAL BANK FINANCIAL GROUP
Slide 4: 150 years of leadership
i 150 years of leadership The key events that shaped National Bank Financial Group 1859 BP Banque Nationale founded in Quebec City 1925 > Merger with Banque d’Hochelaga 1979 BD Merger with The Provincial Bank of Canada NATIONAL BANK FINANCIAL GROUP
Slide 5: 150 years of leadership: a diversified financial group
150 years of leadership A diversified financial group that focuses on the accessibility of financial solutions 17,000 employees More than 2.4 million clients 448 bank branches NATIONAL BANK FINANCIAL GROUP
Slide 6: 150 years of leadership: highlights of fiscal 2008
J 150 years of leadership A key driver of economic and social development in all regions where we are present Highlights of fiscal 2008: B> $39 billion in loans granted to 40,000 businesses De $408 million paid in income and other taxes > $1.5 billion paid in salaries and staff benefits NATIONAL BAN
Slide 7: Source and impact of the financial crisis
i Source and impact of the financial crisis B> Two bubbles burst at once B> Solvency and liquidity issues ie Not a depression, but a worldwide recession BD The cure is known, but recovery time will be long NATIONAL BANK FINANCIAL GROUP
Slide 8: The healthiest banking system in the world
The healthiest banking system in the world Scale of 1 to 7 Banking sector solvency index - G7 and Switzerland 6.8 6.5 6.5 Canada Switzerland France Germany Sources: World Economic Forum, Bank of Canada, NBFG — NATIONAL BANK FINANCIAL GROUP
Slide 9: The "Canadian Model"
i The “Canadian Model” BD The soundness and strong performance of Canadian banks serve aS an example »> The G20 working group on reforming the international banking system is co-chaired by a Canadian NATIONAL BANK FINANCIAL GROUP
Slide 10: Why does the Canadian banking system work better?
J Why does the Canadian banking system work better? B> A different business model ’e> Close relationships with clients > Trust is established between clients and advisors who prove their worth, rather than using a uniform approach for all clients B> A tax regime that encourages saving above all NATI
Slide 11: Growth in business credit financed by banks in Canada
Growth in business credit financed by banks in Canada Largest increase since 1981! % (3-month change, annualized) 55 Source: Bank of Canada NATIONAL BANK FINANCIAL GROUP
Slide 12: What is needed to restart the economy
i What is needed to restart the economy B Sustained action by governments BP Spending on physical and technological infrastructures »_ Sufficient access to capital and credit (QSSP/SME Growth Stock Plan) B> Employee training for a mature workforce NATIONAL BANK FINANCIAL GROUP
Slide 13: Long-term impact of the crisis on the Canadian banking system
J Long-term impact of the crisis on the Canadian banking system ECONOMY B® A difficult environment that results in slower revenue growth REGULATION » Emphasis on harmonizing with certain new international standards COMPETITION NATIONAL BANK FINANCIAL GROUP
Slide 14: Long-term impact of the crisis on the Canadian banking system
Long-term impact of the crisis on the Canadian banking system CONSEQUENCE Competition will remain fierce, but to varying degrees o> Personal Banking and Wealth Management: fight for market share > Commercial Banking: fierce despite the withdrawal of certain foreign institutions ’e> Financial Markets
Slide 15: One Client, One Bank: strengths and orientations
U ONE CLIENT, ONE BANK OUR STRENGTHS > Presence and understanding of the Quebec market B® More agile than our competitors OUR ORIENTATIONS > Leadership in Quebec: in all client segments and all businesses NATIONAL BANK FINANCIAL GROUP
Slide 16: One Client, One Bank: objective and business model
J ONE CLIENT, ONE BANK OUR OBJECTIVE B> Remain one of the best super-regional banks in the world OUR BUSINESS MODEL: RELATIONSHIP BANKING B> Client satisfaction and retention are achieved primarily by increasing the average number of financial solutions held NATIONAL BANK FINANCIAL GROUP
Slide 17: One Client, One Bank: what we have to do
i ONE CLIENT, ONE BANK To do this, we have to: >» Continue to promote a culture of cooperation i ea Obtain a complete picture of our clients’ business by progressively improving IT platforms > Simplify our structures and operations NATIONAL BANK FINANCIAL GROUP
Slide 18: A financial group well positioned for the future
J A financial group well positioned for the future B® High level of liquidity » Very well capitalized, with a Tier 1 capital ratio of 10.0% » A successful restructuring of the asset-backed commercial paper (ABCP) market B> Asolid loan portfolio NATIONAL BANK FINANCIAL GROUP
Slide 19: We invest in our development
J We invest in our development INFRASTRUCTURE >» From 2009 to 2011, 165 major projects in the branch network ’e> 96 renovations ’e> 55 relocations > 14 openings TECHNOLOGY NATIONAL BANK FINANCIAL GROUP
Slide 20: We invest in our development: human resources
i We invest in our development HUMAN RESOURCES >» Some positions were cut to improve efficiency i ea Hundreds of positions being created, particularly ones in direct contact with clients B> Neutral impact on the number of jobs NATIONAL BANK FINANCIAL GROUP
Slide 21: Conclusion
U Conclusion me President of National Bank Financial Group: a responsibility, an honour and a privilege » To mark our 150th anniversary, let’s take the time to celebrate our successes NATIONAL BANK FINANCIAL GROUP
Slide 22: Address by Louis Vachon, President and CEO
NATIONAL BANK FINANCIAL GROUP ADDRESS BY LOUIS VACHON PRESIDENT AND CHIEF EXECUTIVE OFFICER