Corporate Presentation

Transcription

1 Corporate Presentation Investor Relations The Issuers Recognition IR granted by the Colombian Stock Exchange is not a certification about the quality of the securities listed at the BVC nor the solvency of the issuer.

2 Overview Overview Founded in 1870, Banco de Bogotá is Colombia s oldest financial institution, with a well established franchise. Important presence in Colombia and Central America in all market segments: 2 nd Bank in terms of assets, loans, deposits and net income in Colombia (March ). 1 st Bank in terms of assets and 2 nd in terms of net income in Central America through BAC Credomatic (March -2016). Adequate Risk Management based on a healthy diversification policy, ample experience in credit management, appropriate funding strategy and sufficient liquidity. Banco de Bogotá is the main asset of Grupo Aval, the leading financial group in Colombia. Ownership March 2016 Other companies controlled by Mr. Sarmiento Angulo Paz Bautista Group Others 68.7% 8.3% 11.9% 11.1% 2

3 3 Milestones in Banco de Bogotá s Evolution We are a bank that grows with the progress of its clients, its staff and its shareholders. Over 145 years of history confirm our soundness, dynamism and market position. Universal Bank Consolidation Universal Bank 2016: Third International Bond Issuance: USD $600 million Subordinated Notes. 2015: 145 years of presence in Colombia From Local Bank to National and International Bank In 1987 Banco de Bogotá is acquired by Grupo Sarmiento : Opening of Offices and Subsidiaries abroad (Panama, New York, Nassau and Miami). National Bank with leadership in several regions : Development of an attention and service differentiated model. Important investment in technology, consolidating nationwide coverage and leadership position. 2001: Banco de Bogotá International Corporation becomes BB Miami Agency : Strengthening of customer segmentation through the creation of specialized channels, investment in technology, back office enhancement and full range of services. 2009: Merger of Grupo Aval s stockbrokers: Casa de Bolsa. 2007: Merger of Fidubogotá with Fiducomercio. 2014: Issuance of Common Shares ($1.5 trillion pesos). 2013: Acquisition of 100% of BBVA s ownership in BBVA Panamá. 2013: Acquisition of Grupo Financiero Reformador in Guatemala. 2013: Issuance of Common Shares ($1.3 trillion pesos). 2013: Participation in the acquisition of AFP Horizonte. 2013: Second International Bond Issuance: USD $500 million Subordinated Notes. 2012: Launch of Mortgage Lending. 2011: First International Bond Issuance: USD $600 million Senior Notes and1959: Founding of Almaviva and Corficolombiana, respectively. 1870: Opening : Merger with different regional Banks. 1992: Establishment of Fidubogotá, Leasing Porvenir and Fondo de Pensiones Porvenir. 1992: Acquisition and merger with Banco del Comercio. 2006: Banco de Bogotá s acquisition and merger with Megabanco, strengthening the consumer lending segment. 2005: Merger of Corficolombiana with Corfivalle. 2010: Acquisition of BAC Credomatic, Central American financial group, strengthening our international presence. 2010: Mandatory Convertible Bonds issuance ($2,285 billion pesos). 2010: Integration into Banco de Bogotá of the Colombian leasing operation

4 Banco de Bogotá has important investments in subsidiaries in Colombia and abroad President: Alejandro Figueroa Jaramillo Universal Bank with a wide portfolio of products and services. Presence all across Colombia. Agencies in Miami, New York and Panama. 1/ 100.0% 38.35% 46.91%* 94.99% President: Ernesto Castegnaro Odio President: Bernardo Noreña President: Miguel Largacha Martínez President: César Prado Villegas Central American Financial Group with banking and credit card operation in all Central American countries. Financial Corporation with a wide product portfolio specialized in Private Banking, Investment Banking, Treasury and Equity Investments. Pension and Severance Fund Manager. Execution of Contracts on Mercantile Trust and Trust Funds %* 95.81%* 94.90% President: Daniel Humberto Gómez President: Juan Camilo Samacá General Manager: Adriana Cuervo Barreto Stock Brokerage Company (brokerage and management of securities funds). General Warehouse, Custom Agent and Integral Logistics Operator. Technical and administrative services company % General Manager: José A. Santana General Manager: María F. Blanco International license to carry out banking business % Miami Agency General Manager: Alfonso García New York Agency General Manager: John Kennedy Entities authorized to carry out Banking Business and Investment Portfolio Management. Attention focused on Banco de Bogotá s corporate and institutional clients, with a full range of services % General Manager: José A. Santana Panamanian General Licensed entity. Authorized to carry out Banking Business, essentially in the local market. 1/ For further information on Banco de Bogotá s products and services, visit (*) Includes direct and indirect ownership. 4

5 Results confirm Banco de Bogotá s financial soundness Financial Highlights Main Ratios (US$bn) 1 1Q Q-2016 Annual Variation 1Q Q-2016 Total Assets % Delinquency Ratio 2 2.6% 2.8% Total Net Loans % Loan Coverage % 85.9% Total Net Investments % Administrative Efficiency % 43.5% Deposits % ROAA 5 2.3% 2.0% Total Equity % ROAE % 16.1% (US$ Million) Net Income (YTD) w/out Wealth Tax Jan.-March Jan.- March 2016 Annual Variation % Capital Adequacy % 13.7% Figures under Full IFRS. 1 Billion refers to thousands of millions. 2 Delinquency Ratio: Past-due Loans over 30 days / Gross Loans. 3 Loan Coverage; Allowances / Past-due Loans over 30 days. 4 Personnel expenses plus administrative expense / Net interest income plus net income from trading investments, other income fees and net income from other services (excluding others). Efficiency excludes Wealth Tax. 5 ROAE: Net Profit attributable to shareholders / Average attributable equity. Excludes Wealth Tax. 6 ROAA: Net Profit annualized / Average assets. Excludes Wealth Tax. 7 Solvency Ratio: Technical Capital/ Risk-weighted assets. Note: Consolidated Figures. Exchange Rate March 31, 2016: $3,

6 Banco de Bogotá operates with clearly defined strategy and objectives in order to generate value for all stakeholders High penetration of the Colombian market, with market share around 14% in different metrics. Segment specialized service model. Broad portfolio of products and services. International presence in Central and North America through BAC and subsidiaries and agencies abroad. Important participation in Corporate Banking, moving forward in Personal Banking. Leadership in foreign currency operations. Important players in official banking segment. Countries 12 Clients Segments 18.8 million Corporate. Large Companies. SME. Microfinance. Official. Personal. New Products Employees 45,217 ATMs 3,555 Mortgage. Banking Insurance. Structured Finance Advisory. Integration with subsidiaries portfolios. Branches 1,507 Consolidated Assets USD $50.2 billion Agility in understanding and meeting customer needs by responding with integrated financial solutions, tailored to each segment. Excellence in human talent Positioned as a provider of comprehensive financial services Technological flexibility and agility Altos High niveles efficiency de levels eficiencia in all en todos processes. los procesos Amplia cobertura geográfica con Extensive canales geographic físicos y coverage electrónicos through physical and electronic channels Note: Figures as of March 2016 Exchange rate, March 31, 2016: $3,

7 We have relevant presence in the markets where we operate Our Channel Network Channel Network Banco de Bogotá in Colombia 1 March 2016 Channel Network BAC in Central America 2 March 2016 Branches: 704 ATMs: 1,740 Branches: 655 ATMs: 1,851 Figures as of March 2016 Market Share in Colombia 3 Market Share in Central America 4 Figures as of March % 12.2% 15.0% 13.8% 14.6% 8.3% 9.3% 8.0% Assets Net Loans Deposits Net Income Assets Net Loans Deposits Net Income 1. Includes: Corporate and SME Service Centers, Business Advisory Offices, Specialized Housing Centers, Branch Extensions, Premium Branches, Traditional Branches, Payroll Service Centers. 2. Includes: Branches, In-store Branches, On-site Business Tellers and Branches with Drive-through Service. 3. Source: Colombian Financial Superintendence. Net Income for the period January-March Source: Central American Superintendencies; estimations made by Banco de Bogotá based on consolidated financial statements. Figures as of March

8 María Luisa Rojas CFO Investor Relations The Issuers Recognition IR granted by the Colombian Stock Exchange is not a certification about the quality of the securities listed at the BVC nor the solvency of the issuer.