RETAIL BANKING OUTSIDE FRANCE
|
|
- Claire Terry
- 5 years ago
- Views:
Transcription
1 RETAIL BANKING OUTSIDE FRANCE Komerèní Banka Alexis Juan Société Générale Investor Day April 19th 2002
2 Disclaimer This presentation contains forward-looking statements ( targets under average economic and market conditions), which include comments with respect to our o objectives and strategies, and the results of our operations and our business, considering environment and risk conditions. However, by their nature, these forward-looking statements involve numerous assumptions, uncertainties and opportunities, both general and specific. The risk exists that these statements may not be fulfilled. We caution readers of this presentation not t to place undue reliance on these forward-looking statements as a number of factors could cause future Group results to differ materially from these targets. Forward-looking statements may be influenced in particular by factors such as fluctuations in interest rates, exchange rates and stock indices, the effects of competition in the areas in which we operate, and changes in economic, political, regulatory and technological t conditions. We caution that the foregoing list is not exhaustive. When relying on forward-looking statements to make decisions, investors should carefully consider the aforementioned factors as well as other uncertainties es and events. Société Générale - 2 -
3 KOMERCNI BANKA Overview presentation Local market analysis KB profile financial performance Strategic orientations Financial targets Société Générale - 3 -
4 LOCAL MARKET ANALYSIS Macroeconomic environment Key economic elements 10m inhabitants, 1.2m in Prague Second largest economy in Central Europe behind Poland GDP: EUR 61bn, GDP/capita: EUR 6,000 (1) Czech Crown: +13% vs. euro over 12 months Inflation: below 4% since 1999 Unemployment stable since 1999: 9% Highly concentrated banking sector: three largest banks account for 2/3 of deposits Czech Republic macro indicators (2) Real GDP +2% +3.5% Inflation +3% +3.3% M2 +9% +10% 3M PRIBOR 6% 5% KB projections - (3) Individuals SMEs Corporates TOTAL Deposits +10% +6/7% +7/9% +8/9% Credits +20% +6/14% +8/10% +10% (1) France GDP: EUR 1,450bn, GDP/capita: EUR 24,200 (2) Annual average, in volume. Komercni Banka forecast (3) Growth over period. Komercni Banka forecast Société Générale - 4 -
5 LOCAL MARKET ANALYSIS Attractiveness of the Czech banking market Average annual growth potential ( 3-5 years, CAGR) 40% 30% 20% 10% 0% -10% Least attractive segments Very high competition Pension funds Insurance Leasing Demand and term deposits Construction savings loans Corporate lending Mortgages Market concentration (1) Life insurance Non-life insurance Mutual funds Construction savings deposits Most attractive segments Credit cards Very low competition Size proportional to the market volume in (1) Herfindahl index: measurement of a market s concentration (sum of each bank s market share squared) Source: A.T. Kearney Société Générale
6 LOCAL MARKET ANALYSIS Comparison of financial performances 250 Total BS BS = 2.4bn Employees = HVB 2000 Citibank 2000 Total BS BS = 1.7bn Employees = NBI/Employee (in EUR 000s) Total BS BS = 12.8bn Employees = 12,551 KB 2000 CS (Erste Bk) Total BS BS = 13.7bn 2000 Employees = 16,410 Total BS BS = 13.5bn Employees = 11,525 KB GE Capital 2000 Total BS BS = 2.1bn Employees = 2,154 C.S.O.B. (KBC) 2000 Total BS BS = 16.7bn Employees = 13, % -5% 0% 5% 20% 30% 40% 50% Pre-tax income/nbi Size proportional to the total balance sheet, 2000 consolidated data, IAS standards total balance sheet in EUR bn Source: S&P 2000 ranking of central European banks, Bankscope 2000, annual reports 2000 Société Générale - 6 -
7 KB PROFILE Strong position in key market segments Business profile Universal bank, also active in life and non-life insurance, asset management, pension funds, leasing and factoring 1.24m customers, of which 0.95m individuals 11,000 staff, of which 9,300 for KB Bank 320 points of sales, ensuring coverage of the whole country Financial profile ( consolidated figures, IAS standards) Total balance sheet: EUR 13.5bn Current market shares Individuals Deposits Loans Total 19% 19% Mass market 11% 16% Affluent 55% 50% Companies Deposits Loans Total 28% 13% Small 13 % 13% Medium 36% 14% Large 49% 13% Net banking income: EUR 826m Net income: EUR 91m Source: KB Marketing Analysis Société Générale - 7 -
8 1997- FINANCIAL PERFORMANCE A transformed financial situation Q st half 2000 End st defeasance transaction: EUR 0.7bn of assets transferred 2nd defeasance transaction: EUR 1.5bn of assets transferred State guarantee of up to EUR 0.6bn received on a loan portfolio of EUR 1.9bn IAS standards (in EUR m) Net banking income Operating expenses Gross operating income Net allocation to provisions Operating income Net income Customer loans (EUR bn) Note: EUR 1 = CZK 32 Société Générale - 8 -
9 1997- FINANCIAL PERFORMANCE Prudent risk management IAS consolidated 31/12/ High levels of State guarantee, provisions and reserves, and collateral Conservative approach to loan portfolio provisioning strengthened in Q4 Customer loans Off-BS commitments Doubtful loans & commitments Czech State guarantee Provisions and reserves Disposable value of collateral CDO portfolio 80% rated A3 or above Riskiest part fully provisioned EUR 5.0bn EUR 2.2bn EUR 1.4bn EUR 0.6bn EUR 0.8bn EUR 2.6bn USD 426m Société Générale - 9 -
10 STRATEGIC ORIENTATIONS Capitalise on KB s strengths KB STRENGTHS Large customer base, high market shares Successful direct channels KB s subsidiaries to support core banking activities Transformed financial situation Competent staff Part of a large international Group Implement a new business model, based on on Société Générale s knowhow, leading to: to: strengthened market shares on on all all segments improved risk management high sustainable profitability Société Générale
11 STRATEGIC ORIENTATIONS Key strategic orientations Strengthen KB s position in retail banking Implement new customer segmentation Optimise distribution coverage Enhance KB s image by leveraging both Société Générale s image and existing KB brand Improve efficiency Push a multi-channel distribution model Develop cross-selling initiatives Reduce operating costs Implement employees management & training programmes Enhance risk management Société Générale
12 STRATEGIC ORIENTATIONS Transfer of know-how from Société Générale to KB OUR CHALLENGES Optimisation of distribution coverage and integration of all channels Service quality and customer care IT to support customer focused business model Human ressource management SOCIETE GENERALE SUPPORT Tested branch concept and multi-channel distribution Geomarketing implementation Société Générale s expertise in sales processes and methodologies Société Générale s proven solutions Training on segmentation and risk management Participation in the Group s international exchange programme Organisation, operational efficiency and risk management Strong and well recognised image Proven marketing/sales matrix organisation Centralised back-office model Credit risk organisation, systems and processes Expertise in Capital Markets and Corporate Finance Introduction of Société Générale brand and cultural values Société Générale
13 STRATEGIC ORIENTATIONS Immediate implementation: Transformation Programme Over 150 strategic initiatives integrated into a Transformation Master Plan covering each bank division. Initiatives divided into: Quick wins in terms of revenues and costs, by June 2002 Medium-term initiatives to be implemented by end-2002 Long-term structural initiatives to be executed in 2003 EUR 160m capital expenditure over for IT redesign to support the new customer focused model Strong focus on training: +70% increase in budget in 2002 vs. Support of Société Générale experts to facilitate implementation of model: over 200 man-months budgeted in 2002 Project teams combining Société Générale experts and KB high potential employees Société Générale
14 STRATEGIC ORIENTATIONS Increase in deposit and loan outstanding in - Annual growth in deposits: KB vs. market Annual growth in loans: KB vs. market Individuals KB: +12% Market: +10% KB: +31% Market: +20% SMEs (1) KB: +12% Market: +7% KB: +14% Market: +11% Corporates (2) KB: +11% Market: +8% KB: +13% Market: +9% Notes : (1) Annual turnover between EUR 0.5m and EUR 5m (2) Annual turnover exceeding EUR 5m Source: KB forecasts Société Générale
15 FINANCIAL TARGETS Key indicators - Customer base: +50,000 per year Average number of products per client: 4.5 * in Fee & commission income/nbi: Employees: NBI/Employee: Operating expenses/employee: Total balance sheet: Individual loans/total loans: +9 points over period -24% over period +15% per year +4% per year +8% per year +6 points over period * All customer segments Société Générale
16 FINANCIAL TARGETS KB income statement (IAS standards, unconsolidated) KB, IAS standards (in EUR m) Annual growth Net banking income % Operating expenses % Gross operating income % Net allocation to provisions % Operating income % Net income % ROE 11.6% 25% Cost/income ratio 63% 47% Note: EUR 1 = CZK 32 Société Générale
17
10/06/2004 SOCIETE GENERALE. Updating capital structures to minimise cost. Frédéric Oudea, CFO
10/06/2004 SOCIETE GENERALE Updating capital structures to minimise cost Frédéric Oudea, CFO 2 Disclaimer This presentation may contain forward-looking statements with respect to our objectives and strategies.
More information> eská spoitelna. Is 15% loan growth in CS core business sustainable? How will we maintain ROE of >20% after tax? > 2 nd Capital Markets Day
> eská spoitelna Is 15% loan growth in CS core business sustainable? How will we maintain ROE of >20% after tax? > 2 nd Capital Markets Day > Budapest > Jack Stack, CEO of!eská spo#itelna > Macroeconomic
More informationInvestor Presentation
Investor Presentation Perspectives on the Polish market and Nordea operations Włodzimierz Kiciński CEO Nordea Bank Polska Agenda Macroeconomic environment Banking market trends Nordea operations Strategic
More informationDebt Portfolio Management Quarterly Report
Ministry of Finance Debt and Financial Assets Management Department Debt Portfolio Management Quarterly Report 1 st Half of 2017 21 July 2017 Ministry of Finance Debt Portfolio Management Quarterly Report
More informationSlovakia: Eurozone country with high growth potential
Erste Group 8 th Capital Markets Day, Jozef Síkela, CEO, Slovenská sporiteľňa Disclaimer Cautionary note regarding forward-looking statements THE INFORMATION CONTAINED IN THIS DOCUMENT HAS NOT BEEN INDEPENDENTLY
More informationSuccessful Delivery in a De-levering Environment
Successful Delivery in a De-levering Environment Marinos S. Yannopoulos Board member, CFO CHEUVREUX European Spring Large Cap Conference, Paris May 2008 1 Table of Contents Contents Pages I II III IV Alpha
More information2020 STRATEGIC AND FINANCIAL PLAN TRANSFORM TO GROW
2020 STRATEGIC AND FINANCIAL PLAN TRANSFORM TO GROW Paris, 27 November 2017 Societe Generale will present tomorrow its 2020 Strategic and Financial Plan at an Investor Day in Paris. Commenting on the plan,
More informationDEEP DIVE INTO EURO PE AND CO NSUME R FINANCE
SOCIET E G ENERALE DEEP DIVE INTO EURO PE AND CO NSUME R FINANCE 2 0. 0 6. 2 0 1 8 DISCLAIMER This presentation contains forward-looking statements relating to the targets and strategies of the Societe
More information2005 Results March 6th, 2006
2005 Results March 6 th, 2006 Foreword! 2005 data are preliminary results and IAS/IFRS compliant. The Financial Statements, that will be approved by the Board of Directors on March 28 th, 2006 and submitted
More informationSOCIETE GENERALE GOLDMAN SACHS FINANCIALS CONFERENCE. Frédéric Oudéa, Chairman & CEO 9 JUNE 2011
SOCIETE GENERALE GOLDMAN SACHS FINANCIALS CONFERENCE Frédéric Oudéa, Chairman & CEO 9 JUNE 2011 DISCLAIMER This document may contain a number of forecasts and comments relating to the targets and strategies
More informationKomerční banka Group Financial results as of 31 March 2013
Komerční banka Group Financial results as of 31 March 2013 According to International Financial Reporting Standards, consolidated, unaudited Prague, 7 May 2013 Disclaimer This document contains a number
More informationKomerční banka Group Financial results as of 30 June 2016
Komerční banka Group Financial results as of 30 June 2016 According to International Financial Reporting Standards, consolidated, unaudited Prague, 3 August 2016 Disclaimer This document contains a number
More informationInfluence of the Czech Banks on their Foreign Owners Interest Margin
Available online at www.sciencedirect.com Procedia Economics and Finance 1 ( 2012 ) 168 175 International Conference On Applied Economics (ICOAE) 2012 Influence of the Czech Banks on their Foreign Owners
More informationSOCIETE GENERALE GOLDMAN SACHS EUROPEAN FINANCIALS CONFERENCE 2017 BERNARDO SANCHEZ INCERA, DEPUTY CEO MADRID
SOCIETE GENERALE GOLDMAN SACHS EUROPEAN FINANCIALS CONFERENCE 2017 BERNARDO SANCHEZ INCERA, DEPUTY CEO MADRID 08.06.2017 DISCLAIMER This presentation contains forward-looking statements relating to the
More informationVFB-Happening Rik Scheerlinck, KBC Group CFO
Rik Scheerlinck, KBC Group CFO Important information for investors This presentation is provided for information purposes only. It does not constitute an offer to buy or sell any security issued by an
More informationKomerční banka, a.s. Report on Financial Results as at 30 June 2006
Komerční banka, a.s. Report on Financial Results as at 30 June 2006 My World. My Bank. Major Events Announced acquisition up to an additional 50% of Modrá pyramida stavební spořitelna in July 2006 On 20
More information15 June Risk Management. Benoît Ottenwaelter Group Chief Risk Officer
15 June 2010 Risk Management Benoît Ottenwaelter Group Chief Risk Officer Strengthened risk governance and internal control Risk Committee Large Counterparty Risk Committee Board of Directors Executive
More informationSOCIETE GENERALE AUTUMN CONFERENCE Bernardo Sanchez Incera, Deputy CEO PARIS, 15/09/2016
SOCIETE GENERALE Bernardo Sanchez Incera, Deputy CEO PARIS, 15/09/2016 DISCLAIMER This presentation contains forward-looking statements relating to the targets and strategies of the Societe Generale Group.
More informationUBS - THE ITALIAN FINANCIAL SERVICES CONFERENCE 2006
UBS - THE ITALIAN FINANCIAL SERVICES CONFERENCE 2006 Milan, 2 nd February 2006 Alfonso Iozzo CEO DISCLAIMER This presentation has been prepared by Sanpaolo IMI and provides information on the management
More informationThe New Role of Growth Financing
OMV Aktiengesellschaft The New Role of Growth Financing Conference on European Economic Integration Vienna, 15 November 2010 Wolfgang Ruttenstorfer CEO and Chairman of the Executive Board OMV Aktiengesellschaft
More informationSOCIETE GENERALE PREMIUM REVIEW
SOCIETE GENERALE Severin CABANNES, Deputy CEO 3 DECEMBER 2015 DISCLAIMER This presentation contains forward-looking statements relating to the targets and strategies of the Societe Generale Group. These
More informationAnnual Report. Komerční banka, a. s.
Annual Report 2002 Komerční banka, a. s. 8,763 Net profit reached the amount of CZK 8,763 million, representing an increase of 246.1% compared to the year-end 2001. 4.3% 12.5% In 2002, the Bank managed
More information27 / 09 / 2004 SOCIETE GENERALE INVESTOR DAY. Introduction. Daniel Bouton
27 / 09 / 2004 SOCIETE GENERALE INVESTOR DAY Introduction Daniel Bouton Disclaimer The following presentation contains a number of forecasts and comments relating to our targets and strategies. These forecasts
More informationThe Czech Republic Funding and Debt Management Strategy
Ministry of Finance Debt and Financial Assets Management Department The Czech Republic Funding and Debt Management Strategy 2018 22 December 2017 Ministry of Finance The Czech Republic Funding and Debt
More informationKB Group. Financial Results as at 30 September 2008 (International Financial Reporting Standards) Prague 7 November 2008
KB Group Financial Results as at 30 September 2008 (International Financial Reporting Standards) Prague 7 November 2008 KB 3Q 2008 results Prague 7 November 2008 Disclaimer This document contains a number
More informationBanking Market Overview
Banking Market Overview CEE and Romania 1. 1.1. Executive Summary Central and Eastern Europe (CEE)1 banking market overview Similar to 2009, in 2010 as well, the total CEE banking assets had a general
More informationWilliam A. Downe. CIBC World Markets Frontenac Institutional Investor Conference. Deputy Chair, BMO Financial Group. September 26, 2002
William A. Downe Deputy Chair, BMO Financial Group CIBC World Markets Frontenac Institutional Investor Conference September 26, 2002 Focused Transnational Growth Strategy Invest in core Canadian franchise
More informationCZECH ECONOMY IN THE FIRST HALF OF MAIN DEVELOPMENTS... 1 BUSINESS ACTIVITIES... 2
Report on Komerční banka s Financial Results as at 3 June 21 CONTENTS CZECH ECONOMY IN THE FIRST HALF OF 21............. 1 MAIN DEVELOPMENTS............................... 1 BUSINESS ACTIVITIES................................
More informationVicente Rodero General Manager South America. Management and Growth
Vicente Rodero General Manager South America Management and Growth Disclaimer This document is only provided for information purposes and does not constitute, nor must it be interpreted as, an offer to
More informationD E E P D I V E INTO F R E N C H R E TA I L G R O W T H D R I V E R S
D E E P D I V E INTO F R E N C H R E TA I L G R O W T H D R I V E R S 2 8. 1 1. 2 0 1 7 Bernardo Sanchez Incera Deputy CEO Philippe Aymerich Head of Credit du Nord PROFESSIONAL CLIENT BASE Laurent Goutard
More informationKomerční banka Group. Financial results as of 30 June According to International Financial Reporting Standards, consolidated, unaudited
Komerční banka Group Financial results as of 30 June 2013 According to International Financial Reporting Standards, consolidated, unaudited Prague, 1 August 2013 Disclaimer This document contains a number
More information26 October 2016 POLAND. January September 2016
26 October 2016 POLAND January September 2016 Disclaimer Bank Zachodni WBK S.A. ("BZ WBK") cautions that this presentation contains forward-looking statements. These forward-looking statements are found
More informationSharp increase in operating income: +32.4%* vs. H1 03 ROE after tax: 19.1% (vs. 15.6% in H1 03) EPS: EUR 3.79 (+31.8% vs. H1 03) Change vs.
Paris, July 30th 2004 PRESS RELEASE CONTACTS GOOD RESULTS SECOND QUARTER 2004: Robust growth in franchises and sound revenues Tight cost control Low risk provisioning Record level of operating income:
More informationVTB Group Quality Growth Strategy Highlights
VTB Group 2014 Quality Growth Strategy Highlights Yulia Chupina / Deputy President and Chairman of VTB Bank Management Board Herbert Moos / Deputy President and Chairman of VTB Bank Management Board April
More informationSOCIETE GENERALE TWENTIETH ANNUAL EUROPEAN FINANCIALS CONFERENCE. Frédéric Oudéa, CEO. Paris, 8 June 2016 P.1
SOCIETE GENERALE TWENTIETH ANNUAL EUROPEAN FINANCIALS CONFERENCE Frédéric Oudéa, CEO Paris, 8 June 2016 P.1 DISCLAIMER This presentation contains forward-looking statements relating to the targets and
More informationKomerční banka Group
Komerční banka Group Financial results as of 30 September 2018 ACCORDING TO INTERNATIONAL FINANCIAL REPORTING STANDARDS, CONSOLIDATED, UNAUDITED PRAGUE, 8 NOVEMBER 2018 DISCLAIMER This document contains
More informationThe Czech Financial Sector and the Role of the CNB: Historical Overview. Miroslav Singer
The Czech Financial Sector and the Role of the CNB: Historical Overview Miroslav Singer Governor, Czech National Bank 4th Regional Governors Meeting Rovinj Croatia, 1 April 2016 Overview Evolution of Czech
More informationTransaction Processing
Transaction Processing Marty Lippert Vice-Chairman Presentation to Analysts & Institutional Investors October 22, 2001 Toronto Business profile Global Custody Cash Management Trade Correspondent Banking
More informationFinancial Ambition 2017 ING Investor Day Patrick Flynn CFO, Member Executive Board ING Group. Amsterdam - 31 March 2014
Financial Ambition 2017 ING Investor Day Patrick Flynn CFO, Member Executive Board ING Group Amsterdam - 31 March 2014 www.ing.com We entered the final phase to become a pure Bank 2009-2011 2012-2013 2014-2017
More informationSOCIETE GENERALE SOCIETE GENERALE PREMIUM REVIEW. Frédéric Oudéa, Chairman & CEO 5 DECEMBER 2013
SOCIETE GENERALE SOCIETE GENERALE PREMIUM REVIEW Frédéric Oudéa, Chairman & CEO 5 DECEMBER 2013 DISCLAIMER This document may contain a number of forecasts and comments relating to the targets and strategies
More informationIntroduction to mbank Group The most successful organic growth story in Poland
Introduction to mbank Group The most successful organic growth story in Poland May 2016 mbank Group in a snapshot General description Key financial data (PLN M) Set up in 1986, mbank (originally BRE Export
More informationThe successful challenger ING Investor Day Roland Boekhout CEO ING-DiBa, Head of ING Germany. Amsterdam - 31 March 2014
The successful challenger ING Investor Day Roland Boekhout CEO, Head of ING Germany Amsterdam - 31 March 2014 www.ing.com ING Germany is uniquely positioned to build on its success Key messages We have
More informationUnited Kingdom. January - September October, 2015
United Kingdom January - September 205 29 October, 205 Disclaimer 2 Santander UK Group Holdings plc ( Santander UK Group Holdings ) is a subsidiary of Banco Santander, S.A. ( Santander ). Santander UK
More informationNational Bank of Greece. Acquisition of a Controlling Interest in Finansbank. 3 rd April 2006
Acquisition of a Controlling Interest in Finansbank 3 rd April 2006 Creating the leading Southeast European banking group Page 2 Transaction Highlights Acquisition of Finansbank Transaction Highlights
More informationFINANCIAL RESULTS OF KOMERČNÍ BANKA ACCORDING TO INTERNATIONAL ACCOUNTING STANDARDS
FINANCIAL RESULTS OF KOMERČNÍ BANKA ACCORDING TO INTERNATIONAL ACCOUNTING STANDARDS PROFIT AND LOSS ACCOUNT In the first half of 2000 Komerční banka reported profit before income tax amounting to CZK 0.7
More informationSantander Group Strategy. Ana Botin, Group Executive Chairman Boadilla del Monte, 3 rd February 2015
Santander Group Strategy Ana Botin, Group Executive Chairman Boadilla del Monte, 3 rd February 2015 Important information Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking
More informationABN AMRO. Goldman Sachs Annual European Financials Conference. Paris, 8 June Kees van Dijkhuizen, CFO
Kees van Dijkhuizen, CFO ABN AMRO Paris, 8 June 2016 Goldman Sachs Annual European Financials Conference Strong and balanced financial profile with focus on the Netherlands Key financials and metrics Q1
More informationBNP Paribas. Fortis Belgium and Luxembourg: a Unique Opportunity to Expand BNP Paribas Pan-European Footprint. 6 October 2008
BNP Paribas Fortis Belgium and Luxembourg: a Unique Opportunity to Expand BNP Paribas Pan-European Footprint 6 October 2008 1 Disclaimer This presentation contains forward-looking statements about BNP
More information1. SLOVAK BANKING SECTOR DEVELOPMENT IN 2000
C. BANKING SUPERVISION IN 2000 1. SLOVAK BANKING SECTOR DEVELOPMENT IN 2000 During 2000, the Slovak Banking sector was faced with the first effects of Banking reform in three main areas: 1) Restructuring
More informationKB Group. Unaudited 1Q 2009 Financial Results (International Financial Reporting Standards) Prague 7 May 2009
KB Group Unaudited 1Q 2009 Financial Results (International Financial Reporting Standards) Prague 7 May 2009 KB 1Q 2009 results Prague 7 May 2009 Disclaimer This document contains a number of forward-looking
More informationInvestor Relations. Q results. analyst & investor call presentation 8 November 2017
Investor Relations Q3 217 results analyst & investor call presentation 8 November 217 Highlights at Q3 Net profit up 11% at EUR 673m reflecting lower costs and low impairments Mortgage, commercial and
More informationHungary Mastering the Challenges by Krisztina Horváth CFO/CRO Hungary
Hungary Mastering the Challenges by Krisztina Horváth CFO/CRO Hungary Capital Markets Day, September 2008 Slide 1 Challenging Macro Environment in Hungary 1 1 Real GDP Development 4. 3. 4. 3.9% 1.3% Currency
More informationÖhman Russian Day 24 November Thomas Neckmar Head of New European Markets
Öhman Russian Day 24 November 2010 Thomas Neckmar Head of New European Markets Nordea - the leading bank in the Nordic and Baltic Sea region Sweden Nordea home markets Estonia Poland Branches 329 Customers
More informationBanco Sabadell. Goldman Sachs Financial Conference. Banco Sabadell. Driving Retail Profit Growth. Thursday 14 th June, 2007
Banco Sabadell Goldman Sachs Financial Conference Banco Sabadell Driving Retail Profit Growth Thursday 14 th June, 2007 1 Disclaimer Banco Sabadell cautions that this presentation may contain forward looking
More informationKomerční banka Group Financial results as of 31 March 2017
Komerční banka Group Financial results as of 31 March 2017 According to International Financial Reporting Standards, consolidated, unaudited Prague, 4 May 2017 Disclaimer This document contains a number
More informationCIBC WORLD MARKETS FRONTENAC INSTITUTIONAL INVESTOR CONFERENCE
CIBC WORLD MARKETS FRONTENAC INSTITUTIONAL INVESTOR CONFERENCE WILLIAM DOWNE Deputy Chair September 30, 2004 Forward-Looking Statements CAUTION REGARDING FORWARD-LOOKING STATEMENTS Bank of Montreal's public
More informationKB's operating income maintained stable thanks to increase in the volume of client business
KB's operating income maintained stable thanks to increase in the volume of client business Wednesday, 5/6/2015 Prague, 6 May 2015 In its consolidated results as of 31 March 2015, Komerční banka reported
More informationKomerční banka Group Financial results as of 31 December 2016
Komerční banka Group Financial results as of 31 December 2016 According to International Financial Reporting Standards, consolidated, unaudited Prague, 9 February 2017 Disclaimer This document contains
More informationKomerční banka Group Financial results as of 31 March 2014
Komerční banka Group Financial results as of 31 March 2014 According to International Financial Reporting Standards, consolidated, unaudited Prague, 7 May 2014 Disclaimer This document contains a number
More informationICICI Group: Performance & Strategy. November 2015
ICICI Group: Performance & Strategy November 2015 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty
More information> Erste Bank Hungary The integration of Postabank Erste Bank Hungary 05 and beyond
> Erste Bank Hungary The integration of Postabank Erste Bank Hungary 05 and beyond > 2 nd Capital Markets Day > Budapest > Peter Kisbenedek CEO of Erste Bank Hungary > Hungary: Macroeconomic Overview GDP
More informationSOCIETE GENERALE EUROPEAN FINANCIALS CONFERENCE
SOCIETE GENERALE EUROPEAN FINANCIALS CONFERENCE Séverin Cabannes, Deputy CEO 21.03.2018 DISCLAIMER This presentation contains forward-looking statements relating to the targets and strategies of the Societe
More information> Erste Bank Integrating new markets
> Erste Bank Integrating new markets > > Teleconference Vienna, > Andreas Treichl, CEO Reinhard Ortner, CFO > Disclaimer Cautionary note regarding forward-looking statements THE INFORMATION CONTAINED IN
More informationMASARYK UNIVERSITY Czech Republic
MASARYK UNIVERSITY Czech Republic Markéta SMOLKOVÁ Matej ZABADAL Michal ŠPERKA Samuel ZIMA Tatiana KOLOŠTOVÁ COMMERCIAL BANK Czech Republic 60000000 50000000 40000000 30000000 20000000 10000000 0 INVESTMENT
More informationErste Group posts net profit of EUR million in H1 17. Press conference 4 August Page 1
Erste Group posts net profit of EUR 624.7 million in H1 17 Press conference 4 August 2017 Page 1 Business environment Central and Eastern Europe is the fastest growing EU region 2017 2018 Real GDP growth
More informationPresentation to Tier 1 Investors April 2005
Presentation to Tier 1 Investors April 2005 Michael Oliver Director of Investor Relations John Gillbe Group Capital and BSM Director Overview of Lloyds TSB Group plc 3 businesses* UK Retail Banking: GBP
More informationKomerční banka Group Financial results as of 31 December 2017
Komerční banka Group Financial results as of 31 December 2017 According to International Financial Reporting Standards, consolidated, unaudited Prague, 8 February 2018 Disclaimer This document contains
More informationSustainability, a business opportunity
ABN AMRO Investor Day Sustainability, a business opportunity Commercial Banking Daphne de Kluis 16 November 2018 We are committed to Pursuing sustainability as a business opportunity Service the Dutch
More informationHector Grisi. Country Head Mexico. Helping people and businesses prosper
Hector Grisi Country Head Mexico Helping people and businesses prosper Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements
More information03 / 11 / 2010 THIRD QUARTER AND FIRST 9 MONTHS 2010 RESULTS
03 / 11 / 2010 THIRD QUARTER AND FIRST 9 MONTHS 2010 RESULTS We stand by you Disclaimer This document may contain a number of forecasts and comments relating to the targets and strategies of the Societe
More information22 May Q2014 Financial Results
22 May 2014 1Q2014 Financial Results Table of Contents 1Q14 I. Overview II. III. IV. Income Statement Assets & Restructuring Liabilities, Liquidity & Capitalisation I. Overview 1Q14 A strong bank with
More informationDelivering on our Commitments Today and Tomorrow. Investor Presentation
Delivering on our Commitments Today and Tomorrow Investor Presentation CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This document may contain forward-looking statements. Forward-looking statements
More informationBrian Porter Group Head, Risk & Treasury. Delivering Strong Performance in a Challenging Environment. Caution regarding forward-looking statements
Brian Porter Group Head, Risk & Treasury Delivering Strong Performance in a Challenging Environment UBS Best of Americas Conference London, England September 10-11, 2009 Caution regarding forward-looking
More informationMerrill Lynch. Banking & Insurance CEO Conference 2007 BBVA
Merrill Lynch Banking & Insurance CEO Conference 2007 BBVA London, 4 th October 2007 Disclaimer This document is only provided for information purposes and does not constitute, nor must it be interpreted
More informationThe Czech Republic Funding and Debt Management Strategy
Ministry of Finance Debt and Financial Assets Management Department The Czech Republic Funding and Debt Management Strategy 2016 Second Half Update 24 June 2016 Ministry of Finance The Czech Republic
More informationPOP Bank Group Investor Presentation. April 2018
POP Bank Group Investor Presentation April 2018 Executive Summary Group Alliance POP Bank Group is a Finnish financial group that offers retail banking services to private customers, small companies and
More informationVontobel Summer Conference
Pierre L. Ozendo Member of the Executive board Head of Asia Division Cautionary note on forward-looking statements Slide 2 Certain statements contained herein are forward-looking. These statements provide
More information[ ] Komerční banka, a.s. Annual Report 2004
] Komerční banka, a.s. Annual Report 2004 My World. My Bank. Komerční banka belongs among the largest and most important banking institutions in central and eastern Europe. It is a part of the Société
More informationEIB SUPPORT TO ENERGY EFFICIENCY. An overview of (some) solutions for the financing of thermal renovation of buildings
EIB SUPPORT TO ENERGY EFFICIENCY An overview of (some) solutions for the financing of thermal renovation of buildings European Conference Climate Finance for Subnational Actors Paris, October 1st, 2015
More informationCFA Institute Research Challenge 2017
Hosted by CFA Society Czech Republic Masaryk University Moneta Money Bank (MONET) Hold: Successful transition only secures market position Interest rates lower for longer: Interest rates in Europe are
More informationAn Investment Community Introduction to CIBC. September 2010
An Investment Community Introduction to CIBC September 2010 A Note about Forward-Looking Statements From time to time, we make written or oral forward-looking statements within the meaning of certain securities
More informationVIG Becoming the No. 1 Insurer in CEE. Goldman Sachs Annual European Financials Conference London - June 11, 2008
VIG Becoming the No. 1 Insurer in CEE Goldman Sachs nnual European Financials Conference London - June 11, 2008 Contents 2 B C D VIG on a steady path of growth Growth potential in CEE and ustria Exploiting
More informationSabi Marwah. Investing for Growth. Vice Chairman & Chief Administrative Officer. CIBC World Markets Frontenac Conference. Unique Opportunities
Sabi Marwah Vice Chairman & Chief Administrative Officer Investing for Growth Unique Opportunities CIBC World Markets Frontenac Conference September 22, 2005 On Track to Meet 2005 Targets 2005 Target 2005
More information> Slovenská sporiteľňa Reaching the top in lending
> >4 th Capital Markets Day > Bucharest, > Regina Ovesny-Straka, CEO, Slovenská sporiteľňa > Disclaimer Cautionary note regarding forward-looking statements THE INFORMATION CONTAINED IN THIS DOCUMENT HAS
More informationFinancial Results for IQ 2005
Meeting Expectations Warsaw, 4 May 25 Page 1 Executive summary Macroeconomic situation Financial results for Appendices Business development Detailed financial data Page 2 Highlights Starting from I Q
More informationQ Financial Results
Q1 2016 Financial Results Analyst Conference Call 5 th May 2016 Agenda Introduction 2016 Key highlights 2016 Financial Results 2016 Outlook & Guidance 2 Fortuna - Leading regulated CEE sports betting &
More information26 th April 2017 ARGENTINA. January - March 2017
26 th April 2017 ARGENTINA January - March 2017 Disclaimer IMPORTANT INFORMATION Banco Santander, S.A. ("Santander") and Banco Santander Río S.A. caution that this presentation contains forward-looking
More informationMedia Presentation For the full year ended 30 June 2009
Determined to offer strength in uncertain times. Ralph Norris CHIEF EXECUTIVE OFFICER Media Presentation For the full year ended 30 June 2009 12 August 2009 Commonwealth Bank of Australia ACN 123 123 124
More informationCommerzbank Investors meetings
Commerzbank Investors meetings Klaus-Peter Müller CEO UK & Ireland September 6-8, 2004 Chart 1 Commerzbank: 2004 key messages K K K K Marked progress of German banking, but performance remains sub- European
More informationRBC Capital Markets Canadian Financial Services CEO Conference 2004 January 21, Rick Waugh, President and CEO
RBC Capital Markets Canadian Financial Services CEO Conference 2004 January 21, 2004 Rick Waugh, President and CEO Record of consistent earnings growth Net income, $ millions 2500 2000 10-YEAR CAGR = 13.2%
More informationBank Millennium Group
Bank Millennium Group 2008 Results and New Strategy Millennium 2010 Presentation for Bank Millennium s General Meeting of Shareholders 27 March 2009 1 Disclaimer The matters discussed in this presentation
More informationBANK PEKAO SA. Delivering sustainable profitability on the back of scale and market leadership
BANK PEKAO SA Delivering sustainable profitability on the back of scale and market leadership Bank of America Merrill Lynch Banking & Insurance CEO Conference London, 26.09.2012 DISCLAIMER This presentation
More informationBusiness Plan of Triglav Group for 2018
Business Plan of Triglav Group for 2018 Ljubljana, December 2017 1 1. BUSINESS PLAN OF THE TRIGLAV GROUP FOR 2018 1.1. Starting points The basis for drafting the Triglav Group Business Plan for 2018 are
More information27 April 2016 POLAND. January March 2016
27 April 2016 POLAND January March 2016 Disclaimer Bank Zachodni WBK S.A. ("BZ WBK") cautions that this presentation contains forward-looking statements. These forward-looking statements are found in various
More informationInvestor Relations. Q results. analyst & investor call presentation 17 May 2017
Investor Relations Q1 2017 results analyst & investor call presentation 17 May 2017 Good first quarter 2017 results Highlights Q1 2017 (vs. Q1 2016) Financial results Underlying net profit at EUR 615m
More informationS O C I E T E G E N E R A L E
SOCIETE GENERALE DEEP DIVE INTO MARKET ACTIVITIES & ASIA 0 6. 0 3. 2 0 1 8 DISCLAIMER This presentation contains forward-looking statements relating to the targets and strategies of the Societe Generale
More informationBank Millennium Medium Term Strategy for Warsaw, October 29, 2012
Bank Millennium 1 Half 2011 results Bank Millennium Medium Term Strategy for 2013-2015 Warsaw, October 29, 2012 Disclaimer This presentation (the Presentation ) has been prepared by Bank Millennium S.A.
More information31 October Argentina. 9M'18 Earnings Presentation
31 October 2018 Argentina 9M'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") and Banco Santander Rio, S.A. caution that this presentation contains statements that constitute forward-looking
More informationT A B L E O F C O N T E N T S 1 Principal activities... 6 2 Events for the year ended 31 December 2012... 6 3 Principal accounting policies... 7 4 Segment reporting... 34 5 Net interest income and similar
More informationSantander Consumer Finance
24 April 2018 Santander Consumer Finance Q1'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements. These forward-looking
More information