Alior Bank S.A. (ALORY) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, a very warm welcome to our conference at Alior Bank where the management of the board will summarize our performance in 2023. The first part of the conference will talk about the performance of the company performance and that will be presented by Grzegorz Olszewski. In the second part of the meeting, we have concluded the presentation. We will have a Q&A session and I encourage all of you to ask questions already during the first part to make sure that we move smoothly into the second part. Good morning. Let me welcome you to this summary of our performance in 2023 and of Q4. Let me move on to the figures. First of all, at our bottom line, both in terms of our interest, profit and the commission revenues, in addition to the performance which you know, you have seen the figures, I would like to draw your attention to the fact that we're on a trajectory that ensures that the bank has repeatable consistent performance. Certainly, the high interest rates have an impact, but we also have some improvement in terms of the quality of risk management. And this translates to stability of the bank, which is improved. And for the first time in history, it will be the intent of the board to recommend that the General Assembly of Shareholders pay out a dividend of 570 million. And this is our result from Q4. And in line with the decision of the Financial Supervisory Committee, the income from Q4 can be paid out. The first three quarters have become part of our capital bank. Now, this slide, I think, shows very well how the bank is developing. and I'll discuss the business areas in a moment. First of all, in terms of assets, we have exceeded 90 billion zlotys. The bank is growing and it's using its equity to grow the volume of credit lending. 5% and the worki...