Habib Bank AG Zurich

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Rosamund Hamilton
6 years ago
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1 2016 Interim results

2 Group key figures in CHF million Balance sheet 6 months ending months ending months ending Change in % to Total assets 9'754 10'583 11' Shareholder's equity ' Total loans (after netting) 3'021 3'195 3' Customer deposits 7'870 8'696 8' Income statement Change in % to Total income Operating expenses Operating result Group profit / loss Key figures and ratios Return on equity (ROE) (%) Equity ratio (%) Cost / income ratio (%) Total capital ratio (%) Liquidity coverage ratio (%) Leverage ratio (%) n/a clu in min rit interest in e uit an in Gr u r t l ss 2 Including "Gross result from interest operations", "Result from comission business and services", "Result from trading activities and the fair value option" and "Other result from ordinary activities" 3 Annualise Gr u r t l ss as ercenta e e uit a era e at ear en 201 an at month average Customer deposits, in CHF million Group profit, in CHF million Total capital ratio (%) 7'870 8'696 8'

3 Group organisation structure Board of Directors The Board of Directors of the Bank is made up of non-executive and independent directors, all of whom have extensive experience in their respective field of competence. Name Born Citizenship Board of Directors Audit Committee Dr. Andreas Länzlinger 1959 Swiss Chairman Risk & Control Committee Urs W. Seiler 1949 Swiss Vice Chairman Member Member Ray Barnes 1945 British Member Member Dr. Marco Duss 1943 Swiss Member Chairman Ursula Suter 1954 Swiss Member Chairwoman Dr. Stephan Thaler 1962 Swiss Member Member General Management General Management consists of two members of the Habib family and three non-family members. The majority of the members of General Management have residency in Switzerland. Name Born Citizenship Function Muhammad H. Habib 1959 Swiss President Mohamedali R. Habib 1964 Canadian Group CEO Rajat Garg* 1963 Singaporean Member of General Management and Head of Developed Markets Anjum Iqbal** 1952 British Member of General Management and Head of Emerging Markets Walter Mathis 1961 Swiss Member of General Management and Head of Shared Services * from 18 April 2016 ** from 29 March 2016 Management of the branch network Name Born Citizenship Function Country Christian Lerch 1959 Swiss Country Manager Switzerland Zahid Parekh 1959 Pakistani Country Manager United Arab Emirates Mohammad Ali Hussain 1954 Kenyan Country Manager Kenya 2

4 Management of the subsidiaries Name Born Citizenship Function Country Muslim Hassan 1955 Canadian Chief Executive Officer Canada Zafar Khan 1952 South African Chief Executive Officer South Africa Mohammed Jafri 1951 British Chief Executive Officer Isle of Man Atif Mufti 1973 Pakistani Chief Executive Officer United Arab Emirates* Sirajuddin Aziz 1956 Pakistani Chief Executive Officer Pakistan Ikram Quraishi 1948 USA Chief Executive Officer Hong Kong Anjum Iqbal** 1952 British Chief Executive Officer United Kingdom * HBZ Services FZ-LLC ** ad interim Group Internal Audit Name Born Citizenship Function Haroon Ahmad 1975 Pakistani Head of Group Internal Audit Group Support Functions Name Born Citizenship Function Haja Alavudeen 1966 Indian Head of Group Information & Technology Risk Umair Chaudhary 1968 British Group Chief Operating Officer Adnan Fasih 1967 Pakistani Head of Group Islamic Banking Felix Gasser 1959 Swiss Head of Group Risk Control Dr. Sitwat Husain 1964 Pakistani Head of Group Human Resources Arif Lakhani 1945 Pakistani Head of Group Wealth Management Dr. Pascal Mang 1964 Swiss Head of Group Legal & Compliance Alfred Merz 1962 Swiss Head of Group Financial Control Atif Mufti 1973 Pakistani Head of Group Operations Syam Pillai 1962 Indian Head of Group Information Technology Sibel Sanus 1954 Turkish Head of Group Financial Institutions Ralph Schneider 1964 Swiss Head of Group Credit 3

5 Balance sheet (unaudited) in CHF 000's Assets Liquid assets 1'090'164 1'042'715 Amounts due from banks 2'503'645 2'470'380 Amounts due from securities financing transactions 187'782 Amounts due from customers 2'756'340 2'774'605 Mortgage loans 451' '757 Trading portfolio assets Positive replacement values of derivative financial instruments 11'968 8'092 Other financial instruments at fair value 3'227'609 2'437'957 Financial investments 1'185'422 1'139'177 Accrued income and prepaid expenses 244' '623 Non-consolidated participations Tangible fixed assets 84'459 86'936 Intangible assets 2'756 3'428 Other assets 93'216 74'782 Total assets 11'840'000 10'582'638 4

6 in CHF 000's Liabilities Amounts due to banks 487' '948 Liabilities from securities financing transactions 926'183 72'946 Amounts due in respect of customer deposits 8'888'059 8'695'754 Negative replacement values of derivative financial instruments 15'622 10'918 Accrued expenses and deferred income 271' '945 Other liabilities 17'540 35'333 Provisions 8'816 17'991 Reserves for general banking risks 556' '136 Bank's capital 150' '000 Retained earnings reserves 289' '186 Currency translation reserves -22'536-13'073 Minority interest in equity 216' '327 Group profit / loss 35'508 88'228 - of which minority interests in group profit / loss 11'275 36'408 Total liabilities 11'840'000 10'582'638 Off balance sheet transactions Contingent liabilities 1'368'306 1'182'316 Irrevocable commitments 1'596 1'596 Credit commitments 198' '407 5

7 Income statement (unaudited) in CHF 000's Result from interest operations Interest and discount income 117' '282 Interest and dividend income from financial investments 122' '061 Interest expense -120' '786 Gross result from interest operations 119' '557 Changes in value adjustments for default risks and losses from interest operations -20'235-10'416 Subtotal net result from interest operations 99' '141 Result from commission business and services Commission income from securities trading and investment activities 2'868 3'156 Commission income from lending activities 14'826 15'236 Commission income from other services 23'942 23'342 Commission expense -2'660-2'481 Subtotal result from commission business and services 38'976 39'253 Result from trading activities and the fair value option 39'113 51'662 Other result from ordinary activities Result from the disposal of financial investments Result from real estate Other ordinary expenses -121 Subtotal other result from ordinary activities

8 in CHF 000's Operating expenses Personnel expenses -69'574-64'521 General and administrative expenses -34'251-30'474 Subtotal operating expenses -103'825-94'995 Value adjustments on participations, depreciation and amortisation on tangible fixed and intangible assets -4'555-5'871 Changes to provisions and other value adjustments, and losses -1'537-3'754 Operating result 68' '225 Extraordinary income 1' Changes in reserves for general banking risks -4'492-7'803 Taxes -29'539-33'727 Group profit / loss 35'508 63'158 - of which minority interests in group profit / loss 11'275 23'500 7

9 Addresses Head Office and operation Weinbergstrasse 59, PO Box Zurich / Switzerland Telephone: (+4144) infoch@habibbank.com Branches United Arab Emirates Umm Al Sheif Shaikh Zayed Road P.O. Box 3306 Dubai / UAE Telephone: (+9714) csd@habibbank.com Kenya Habib House Koinange Street P.O. Box 30584, GPO Nairobi / Kenya Telephone: (+25420) / 76 / 77 info.ke@habibbank.com Subsidiaries Habib Canadian Bank Canada Habib Canadian Bank 918 Dundas Street East Suite 400 Mississauga, Ontario L4Y 4H9 / Canada Telephone: +1 (905) info@habibcanadian.com HBZ Bank Ltd. South Africa HBZ Bank Ltd. 135 Jan Hofmeyr Road P.O. Box 1536, Westville Wandsbeck 3631 / South Africa Telephone: (+2731) sazone@habibbank.co.za 8

10 Subsidiaries Habib European Bank Ltd. Isle of Man Habib European Bank Ltd. 14 Athol Street Douglas / Isle of Man IM1 1JA Telephone: ( ) / m.jafri@habibbank.com HBZ Services FZ LLC United Arab Emirates HBZ Services FZ LLC Dubai Outsource Zone PO Box Dubai / UAE Telephone: (+9714) Habib Metropolitan Bank Ltd. Pakistan Habib Metropolitan Bank Ltd. Spencer's Building I.I. Chundrigar Road Karachi / Pakistan Telephone: (+9221) info@habibmetro.com Habib Bank Zurich (Hong Kong) Ltd. Hong Kong Habib Bank Zurich (Hong Kong) Ltd , 17 / F, Wing On House, 71, Des Voeux Road Central, Hong Kong Telephone: (+852) mainoffice@hbzhongkong.com Habib Bank Zurich Plc United Kingdom Habib Bank Zurich Plc Habib House 42 Moorgate London EC2R 6JJ / UK Telephone: (+44207) contactuk@habibbank.com 9

Representative offices Bangladesh ele h ne mail B B Bhaban 12 a ran Ba ar A haka 121 Ban la esh 0 2 0 1 6 n hu a habibbank c m Hong Kong ele h ne mail 1 01 0 1 in n H

11 Representative offices Bangladesh ele h ne mail B B Bhaban 12 a ran Ba ar A haka 121 Ban la esh n hu a habibbank c m Hong Kong ele h ne mail in n H use 1, es eu a entral H n n main ice hb h n k n c m Pakistan ele h ne mail encer s Buil in I I hun ri ar a arachi 200 akistan in habibmetr c m 10

Habib Bank AG Zurich. Annual disclosures according to Basel III (Year 2014)

Habib Bank AG Zurich. Annual disclosures according to Basel III (Year 2014) Annual disclosures according to Basel III (Year 2014) 1 Annual disclosures according to Basel III (Year 2014) 1. Scope of consolidation Scope of consolidation for capital adequacy purposes The scope of