Corporate Presentation

Transcription

1 Corporate Presentation

2 Business Overview Overview Founded in 1870, Banco de Bogotá is Colombia s oldest financial institution and the principal subsidiary of Grupo Aval, the leading financial group in Colombia Current shareholding structure: Grupo Aval: 68.7%, Other Companies owned by Mr. Sarmiento Angulo 8.3%, Paz Bautista Group 11.9% and Public Float 11.0% Leading presence in Colombia and Central America. Second largest bank in Colombia in terms of assets and deposits, and largest bank in Central America in terms assets, deposits and loans through BAC Credomatic Universal bank with a strong presence in the commercial and consumer lending segments Listed on the Colombian Stock Exchange (BVC), Banco de Bogotá s market capitalization at 06-Dec-2017 was US$7.5bn Regional Franchise Colombia (1) 1 st Net Income 2 nd 3 rd Assets & Deposits Loans Assets and Net Income Breakdown by Geography Assets Breakdown Net Income Breakdown USD$ 48.8 billion USD$ billion Total Distribution Network ATMs 45.9% 54.1% 42.1% 57.9% Central America (1) (2) 3,729 (3) 1 st Assets & Deposits 1 st 2 nd Loans Net Income Branches 1,581 (4) Colombia Operations Central America Operations Consolidated Ratios: ROAA: 1.4% ROAE: 11.0% Sources: Company information. (1) All rankings as of September 30, Net Income rankings based on unconsolidated figures. (2) Calculated based on data aggregated from the local bank superintendencies of Costa Rica, El Salvador, Guatemala, Honduras, Panamá and Nicaragua. (3) Reflects aggregate number of ATMs of Banco de Bogotá and BAC Credomatic as of September 30, (4) Reflects aggregate number of branches of Banco de Bogotá, Porvenir, Banco de Bogotá Panamá, Almaviva, Fiduciaria Bogotá and BAC as of September 30,2017. Banco de Bogotá and BAC Credomatic jointly account for 1,446 branches. 2

3 Milestones in Banco de Bogotá s Evolution Banco de Bogotá starts operations on November 15 as a financial institution Merger with different regional Banks Opening of Offices and Subsidiaries abroad (Panama, New York, Nassau and Miami) Banco de Bogotá is acquired by Grupo Sarmiento Development of an attention and service differentiated model. Important investment in technology, consolidating nationwide coverage and leadership position Acquisition and merger with Banco del Comercio Establishment of Fidubogotá, Leasing Porvenir and Fondo de Pensiones Porvenir Banco de Bogotá acquires and merges with Megabanco, strengthening of the consumer loan segment Merger of Fidubogotá with Fiducomercio Merger of Grupo Aval s stockbrokers: Casa de Bolsa Acquisition of BAC Credomatic, Central American financial group, enhancement our international presence. Mandatory Convertible Bonds issuance ($2,285 billion pesos) Acquisition of 100% of BBVA s ownership in BBVA Panamá. - Acquisition of Grupo Financiero Reformador in Guatemala. - Issuance of Common Shares ($1.3 trillion pesos). - Second International Bond Issuance: USD $500 million Subordinated Notes Third Bond Issuance on international markets of USD $1.100 million Subordinated Notes. - Fourth bond issuance on international markets of USD $600. Senior Notes

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% President: Rodolfo Tabash Espinach Central American Financial Group with banking and credit card operations in all Central American countries % 94.99% President: Miguel Largacha Martínez President: César Prado Villegas Pension and Severance Fund Manager. Execution of Contracts on Mercantile Trust and Trust Funds %* 94.90% President: Juan Camilo Samacá General Manager: Adriana Cuervo Barreto 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 Consolidated Results confirm Banco de Bogotá s financial strength Financial Highlights Main Ratios (US$bn) 1 3Q Q-2017 Variation 3Q-2017 vs 3Q Q Q-2017 Total Assets % Delinquency Ratio 2 2.7% 3.5% Total Net Loans % Loan Coverage % 85.8% Total Net Investments % Administrative Efficiency % 49.6% Deposits % ROAA 5 1.8% 1.4% Total Equity % ROAE % 11.0% (US$ Million) Jan - Sept 2016 Jan - Sept 2017 Capital Adequacy % 14.0% Net Income (YTD) % 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; Allowance / Past-due Loans over 30 days. 4 Calculated as Personnel plus administrative expenses divided by net interest income plus net trading income, income on sale of investment and held for sale assets and fees and other services income, net (excluding other income). 5 ROAA for each period is calculated as annual Net Income divided by average of total assets. 6 ROAE for each period is calculated as annual Net Income attributable to shareholders divided by average attributable shareholders' equity. Solvency Ratio: Technical Capital/ Riskweighted assets. Note: Consolidated Figures as of September 30, Exchange Rate September 30, 2017: $2.936,67 5

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. Specialized service model by segments, offering a 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 11 Clients Segments 19.9 million Corporate. Large Companies. SME. Microfinance. Official. Personal. Latest Products Employees 46,320 ATMs 3,729 Mortgage. Banking Insurance. Structured Finance Advisory. Integration with subsidiaries portfolios. Branches 1,581 Consolidated Assets USD $48.8 billion Agility in understanding and meeting customer needs by responding with integrated financial solutions, adjusted to each segment. Excellence in human talent Positioning as a provider of comprehensive financial services Flexibility and technological 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 September 30, Exchange rate, September 30, 2017: $2.936,67 6

7 We have relevant presence in the markets where we operate Our Channel Network Channel Network in Colombia 1 September 2017 Channel Network in Central America 2 September 2017 Branches: 753 ATMs: 1,740 Branches: 693 ATMs: 1,989 Market Share in Colombia 3 Market Share in Central America 4 Figures as of September % Figures as of September % 14.2% 12.9% 13.9% 8.8% 9.9% 8.7% Assets Net Loans Deposits Net Income Assets Net Loans Deposits Net Income 1. Includes: Corporate and SME Service Centers, Specialized Housing Centers, Branch Extensions, Premium Branches, Traditional Branches, Basic 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-September Source: Central American Superintendencies; estimations made by Banco de Bogotá based on consolidated financial statements..figures as of September

8 8 Contact Information María Luisa Rojas Giraldo CFO Tel.: (571)