PRESENTATION OF FINANCIAL RESULTS FOR INVESTORS AND ANALYSTS SEPTEMBER 8 th, 2017
AGENDA 1. Summary 2. Key financials and business highlights 3. Appendix
2Q 2017 HIGHLIGHTS (1/2) The Polish Financial Supervision Authority approved the "Sustainable Growth Plan for Getin Noble Bank S.A. for years 2017-2021 [PPN], on 30 August 2017. It is an update of the Restructuring Plan for years 2016-2019. Adjustments in terms of the Bank's asset quality and capital investments within the approved PPN. 1 STRATEGY Decreasing cost of funding (deposits cost of 1.89%, 17 bps decrease in H1 17). Current account balance and saving deposits increased by PLN 0.3bn in Q2 17 and PLN 1.1 bnover the last 12 months. 21,4% share in total deposits already. Deleveraging of the scale of operations. Balance sheet total decreased by PLN 3 bnin Q2 17. Loan balance lower by PLN 0.7 bnin Q2 17 and PLN 2.8 bnover the last 12 months as a result of the credit sales optimization and practically no sales of mortgage. Systematically decreasing mortgage loans portfolio: PLN 0.7 bn decrease in Q2 17. Retail banking transformation: Getin Bank ranked second in the "Institution of the Year 2017" organized by the MojeBankowanie.pl portal. Changes in the Bank's sales network. New branch format. 2 CAPITAL Capital adequacy ratios comply with PFSA capital requirements: 15.8% and 12.3% of CAR and CET1 ratios as at the end of June 2017. Increase of CAR and CET1 in the last 12 months, by 0.23 p.p. and 0.03 p.p. respectively. 3 LIQUIDITY Strong liquidity position (L/D 86.7%) despite the drop in interest rates on the deposit base. Successfully completed securitization transaction of the car loan receivables (portfolio of PLN 700 m). LCR of 154% at the end of June 2017 (vs. 112% a year earlier). 3
2Q 2017 HIGHLIGHTS (2/2) 4 PROFITABILITY Q2 17 net profit of PLN -67.7m (consolidated) and PLN -103.8 m (stand-alone) determined by the higher assets writeoffs and one-off result on loss of controll recognition over Noble Funds TFI (merger with Open Finance TFI). 5 CORE REVENUES Further growth of NIM to 2.16 p.p. in June 2017 (+24 bps y/y). Decrease in the Group s interest income related to the limiting scale of operations, mainly due to shrinking mortgage loan portfolio. Decreasing cost of funding. The main Bank s deposit rate below WIBOR and below the NBP reference rate. For the first time. The cost of deposits declined by 17 bps in H1 2017 (vs -46 bps in 2016). Net fee income higher by 4% q/q. 6 COSTS Strict cost regime maintained. Bank s operating costs in Q2 17 amounted to PLN 211.9m and were PLN 42 m lower q/q (impact of the annual contribution to the BGF restructuring fund booked in Q1 17) Bank s C/I ratio of 52,4% vs 58.9% in the banking sector 1. 7 RISK PROVISIONS Credit risk provisions of PLN 245.1 m in Q2'17; an increase of 19.5% q/q as a result of higher chares on the mortgage portfolio. Increasing coverage ratio (+3.7 p.p. within 12 months). 1 data for the banking sector for six months of 2017. 4
KEY FINANCIAL RATIOS INCREASE OF CORE REVENUES AND CAPITAL RATIOS Goal: increase of efficiency Q2 2017; changevs Q1 2017 PLN m PLN m Net interest income 327.5-0.4% Interest revenues 626.0-1.6% Interest expenses -298.5-2.8% Net fee and commission income 40.8 +4.4% Other revenues 168.1 12.5x Other operating income -78.7 5.0x and expenses Credit risk provisions -245.1 +19.5% Other impairment charges -84.3 10.3x Costs -211.9-16.5% Costs -194.0 +2.9% (excluding BFG 4 costs) Net loss -67.7-29.9% CAR 15,8% +0,12 p.p. CET1 12,3% -0,04 p.p. Loans balance 44,659.8-1.6% Deposit balance 51,483.7-5.3% Balance sheet total 64,463.1-4.4% Equity 5,029.2-0.2% (attributable to equity of the parent company) ROE -6.3% +1.1 p.p. C/I 1 52.4% -11.3p.p. Costof risk 1,2 1.9% +0.2p.p. Costof funding 3 2.0% 0.0p.p. LCR 154% -20 p.p. (min. 80%) Loans/deposits 86.7% +3.2 p.p. -3.9 ppexcl. BFG costs 1 Stand-alone GNB 2 Result on provision for NIL and other accounts receivable to average loans volume 3 Interest expenses / avg. interest bearing liabilities 5
KEY FINANCIAL RATIOS INCREASE OF CORE REVENUES AND CAPITAL RATIOS Goal: increase of efficiency H1 2017; change vs H1 2016 PLN m Net interest income 656.3 +1.1% Interest revenues 1,262.0-10.0% Interest expenses -605.7-19.5% Net fee and commission income 79.8 +31.3% Other revenues 181,6 +86,3% PLN m Loan balance 44,659.8-5.9% Deposit balance 51,483.7-8.0% Balance sheet total 64,463.1-8.0% Equity 5,029.2-3.9% (attributable to equity of the parent company) Other operating income -94,5 3.1x and expenses Credit risk provisions 450.3 +60.5% Other impairment charges -92.4 10.4x Costs -465.6 +6.1% Costs -382.6-0.5% (excluding BFG 4 costs) Net loss -162.6 10.2x CAR 15,8% +0,23 p.p. CET1 12,3% +0,03 p.p. ROE -6.3% -5.7 p.p. C/I 52.4% +9.2p.p. Cost of risk 1.9% +0.8 p.p. Cost of funding 2.0% -0.3 p.p. LCR 154% -42 p.p. (min. 80%) Loans/deposuts 86.7% +0.6 p.p. +4.9 pp excl. BFG costs 6
ITEMS WITH A SIGNIFICANT IMPACT ON THE Q2 17 FINANCIAL RESULTS OF THE BANK AND THE GROUP PLN m; gross ITEM [LINE IN THE P&L STATEMENT] BANK CAPITAL GROUP IMPACT ON IMPACT ON ITEM Q2 17 RESULTS Q2 17 RESULTS [LINE IN THE P&L STATEMENT] SETTLEMENT OF LOSS OF CONTROL OVER THE NOBLE FUNDS TFI [result on investments in subsidiaries, associates and joint ventures] IMPAIRMENT LOSS RECOGNISED FOR THE VALUE OF INVESTMENT IN ASSOCIATED COMPANY [impairment losses on financial assets and provisions for off-balance sheet liabilities] 121.0 153.0-47.6-47.6 SETTLEMENT OF LOSS OF CONTROL OVER THE NOBLE FUNDS TFI [result on investment in subsidiaries, associates and joint ventures] IMPAIRMENT LOSS RECOGNISED FOR THE VALUE OF INVESTMENT IN ASSOCIATED COMAPNY [impairment losses on financial assets and provisions for off-balance sheet liabilities] IMPAIRMENT LOSS RECOGNISED FOR THE VALUE OF INVESTMENT IN SUBSIDIARIES [impairment losses on financial assets and provisions for off-balance sheet liabilities] -103.1-36.9-66.2 IMPAIRMENT LOSS RECOGNISED FOR THE LIABILITIES HELD FOR SALE [impairment losses on financial assets and provisions for off-balance sheet liabilities] REAPRISAL OF THE INVESTMENT PROPERTIES VALUE [other operational expenses] 7
AGENDA 1. Summary 2. Key financials and business highlights 3. Appendix
CAPITAL AND LIQUIDITY RATIOS ABOVE REGULATORY REQUIREMENTS Capital Adequacy Ratio +0,23p.p. +0,03p.p. 15,6% 15,8% 15,37% 12,3% 12,3% level required by FSA 11,90% PLN 2.7bnbalance of the issued subordinated debt as at the end of June 2017. PLN 197m of sub debt issued in Q2 2017. The CAR and CET1 stand-alone ratios at the end of March 2017 were respectively 16.0% and 12.4% (0.4pp and 0.2pp y/y increase respectively). Jun-16 CAR CET1 Jun-17 LCR Loans/deposits One of the lowest ratios in the banking sector 112% 154% minimum level 86,2% 84,2% 88,0% 83,5% 86,7% 80% Jun-16 Jun-17 Jun'16 Sep'16 Dec-16 Mar'17 Jun-17 9
CHANGE IN ASSETS STRUCTURE AND REDUCTION OF THE SCALE OF OPERATION Split-up od customer loans(jun-17) Split-up of customer deposits(jun-17) 10,5% 16,0% 10,1% 4,3% Retail term PLN 44.7 bn 64,1% 9,5% Autmotive (car loans and leasing) Retail loans Mortgage loans SME and public sector loans +3.3pp vs Jun 16 +12.1pp vs Dec 12 21,4% 2,8% 3,2% 15,4% PLN 51.5 bn 64,2% Retail current Corporate current Public sector current Corporate term Public sector term By Type (in PLN m) Assets Liabilities 80 000 Customer loans Financial instruments available for sale Amounts due to banks (inlc. CB) Other assets 80 000 Other liabilities Equity Liabilities to banks Debt securities Customer deposits 70 000 60 000 50 000 c 70000 60000 50000 40 000 40 000 30 000 30 000 20 000 20 000 10 000 10 000 0 2012 2013 2014 2015 2016 Jun'17 0 2012 2013 2014 2015 2016 Jun'17 10
LOANS: DECREASE OF PORTFOLIO BALANCE AT MAINTAINED SALES STRUCTURE Loans balance (PLN bn) +6.2% -17.2% -8.2% +2.9% 32,94 30,23 9,74 10,34 2,39 1,98 4,89 5,03 corporate loans + leasing car loans mortgage loans retail loans Jun-16 Jun-17 Loan sales (PLN bn) +9.5% -18.7% +23.2% -76.2% +0.5% 0,39 0,43 0,67 0,54 0,25 0,31 0,40 0,41 0,01 0,00 corporate loans leasing car loans mortgage loans retail loans Q2'16 Q2'17 11
BALANCE SHEET LOANS SALES MIX Loans (PLN bn) 1 Sales of loans quarterly average (in PLN m) Decreasing business scale 2017 2016 mortgage loans 50,3 49,7 49,2 48,1 47,5 46,9 46,7 45,4 44,7 Jun'15 Sep'15 Dec'15 Mar'16 Jun'16 Sep'16 Dec'16 Mar'17 Jun'17 2015 2014 retail loans car loans + leasing corporate loans Effective actions to reduce the scale of business loan balance on a consolidated basis lower by PLN 2.8 bnthan a year earlier and PLN 5.6 bnlower vs Jun 15. Focus on the strategic business lines. Changing loans balance mix support NIM restoration. Systematic amortization of the mortgage portfolio. PLN 2.7 bnof portfolio decrease over the last 12 months. 2013 2012 2011-500 1 000 1 500 2 000 1 Consolidated figures 12
DECREASING BALANCE AND SHARE OF FC LOANS Share of foreign currency loans in the total loan portfolio and CHFPLN exchange rate Swiss Franc loans balance (CHF bn) -2,1 4,00 3,50 3,30 3,10 3,13 3,16 3,08 2,93 3,00 3,00 2,80 2,802,77 2,70 67% 66% 2,50 62% 3,623,63 3,55 3,45 3,51 3,54 3,403,393,43 3,45 3,383,423,42 3,46 4,04 4,07 4,12 1 3,91 3,88 3,94 3,98 3,89 3,95 3,87 0,9 0,8 0,7 5,2 Dec-08 3,1 Jun-17 2,00 1,50 1,00 0,50-57% 54% 51% 52% 47% 46% 43%43% 43% 42% 40%38% FC udział share kurs CHFPLN exchange rate 36% 35%34%33%31% 30%30% 29%29%29% 30%30% 29%29%28% 29% 28% 29% 28% 0,3 27% 0,6 0,5 0,4 0,2 Accelerated depreciation of balances as a result of negative LIBOR reference rate. With a strong liquidity position Bank is well prepared for scenarios such as the events of January 15 th 2015. 13
PROFITABILITY AND COST EFFICIENCY Net result (PLN m) Revenues 1 (PLN m) 1,1 GROUP (attributable to equity holders of the parent company) +5.0% +0.1% -67,7-67,7-96,5 350,5 368,2 367,8 368,2 Q2 2016 Q2 2017 Q1 2017 Q2 2017 Q2 2016 Q2 2017 Q1 2017 Q2 2017 BANK Costs(PLN m) without BFG costs 9,1-1.3% +3.3% -16.5% +2.9% - 103,8-66,4-103,8 26.6m BFG 214,5 211,9 17.9m BFG 65.2m BFG 253,8 211,9 17.8m BFG 187,8 194,0 188,6 194,0 Q2 2016 Q2 2017 Q1 2017 Q2 2017 Q2 2016 Q2 2017 Q1 2017 Q2 2017 1 Net interest and fee & commission result 14
IMPROVEMENT OF THE CORE REVENUES Net interest income (PLN m) Revenues 1 (PLN m) 723 751 708 693 681 670-97 383 400 82 61 359 350 358 375 368 368 36 24 29 37 39 41 636 626 301 339 323 326 329 339 329 327 301 339 323 326 329 339 329 327 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 F&C NII Net fee & commission income(pln m) -423-412 -385-367 -352-331 -307-299 132 115 82 72 76 85 84 81 82 61 36 24 29 37 39 41 +124-49 -54-46 -48-47 -48-45 -41 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 Result Income Expenses Result Income Expenses 1 Net interest and fee & commission result 15
REDUCTION Getin Noble Bank OF THE COST OF FINANCING AND INCREASE OF NIM Decreasing cost of deposits (pp) Interest rate of deposit portfolio in GNB 317 bps 3,10 2,90 2,70 2,50 2,30 2,10 1,90 1,70 Interest expenses in H1 2017 lower by PLN 147 m / 19% vs H1 2016 in Q2 2017 lower by PLN 69 m / 19% vs Q2 2016 Interest rate on Clients deposits decreased by 47 bps in 2016 Still high dynamic in cost of deposits reduction in 2017 (17bps in H1 2017) -128 bps 189 bps 1,50 Dec-14 Feb-15 Apr-15 Jun-15 Aug-15 Oct-15 Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec-16 Feb-17 Apr-17 Jun-17 Bank s net interest margin 1,62% 1,66% 1,70% 1,78% 1,85% 1,92% 1,97% 2,04% 2,05% 2,16% Mar'15 Jun'15 Sep'15 Dec'15 Mar'16 Jun'16 Sep'16 Dec'16 Mar'17 Jun'17 16
DECREASE OF COST OF FUNDING. BASE FOR FURTHER PROFIT IMPROVEMENT GNB highly efficient in reducing the cost of funding 1 GNB S Retail Deposit Rates vs NBP reference rates 3,3% 3,1% 2,9% 2,9% 3,3% 2,4% 2,4% 2,3% 2,3% 2,0% 2,0% 2,9% 2,7% 2,6% 2,4% 2,3% 2,3% 2,2% 3,00 2,50 2,00 GNB rate already below WIBOR and NBP reference rate 2,0% 2,0% 1,50 YTD QTD -0.3 pp during the last 12 months 1,00 0,50 NBP rate GNB 3M rate Mar-15 Jun-15 Sep'15 Dec'15 Mar'16 Jun'16 Sep'16 Dec'16 Mar'17 Jun'17 0,00 21,4% 9,3% Dec'12 Mar'13 Jun'13 Sep'13 Dec'13 Mar'14 Jun'14 Sep'14 Dec'14 Mar'15 Jun'15 Sep'15 Dec'15 Mar'16 Jun'16 Sep'16 Dec'16 Mar'17 Jun'17 Mar-15 May-15 Jul-15 Sep-15 Nov-15 Jan-16 Mar-16 May-16 Jul-16 Sep-16 Nov-16 Jan-17 Mar-17 May-17 Jul-17 Deposit portfolio balance (PLN bn) -6,7% Current deposit & saving accounts share in total deposits 55,2 56,5 55,7 56,7 55,1 55,7 53,0 54,4 51,5 Getin UP Strategy - start PLN +6,3 bn Jun-15 Sep'15 Dec'15 Mar'16 Jun'16 Sep'16 Dec'16 Mar'17 Jun'17 1 Interest expense / average interest bearing liabilities 17
ANOTHER ASSET SECURITISATION STABLE MID-TERM FUNDING Successful closing of 700 mnpln Auto ABS 500 mn PLN of funding obtained. 2-year revolving period (expected program maturity is 4Q2021). Lowering of funding cost due to participation of European Investment Bank. Bonds rated at Aa3 sf (Moody s) andaaa sf (Scope). Securitisation transactions are significant to liquidity policy of the Group and secure funding on attractive terms. Securitisation programs provide stable mid-term funding at cost and volume highly competitive to unsecured debt. Transactions are rigorously reviewed by legal counsels, auditors and most of all investors. Currently there are two programs in operation: Auto loans ABS from 2017 and Auto leases ABS from 2015 (1,2 bn PLN of funding secured, so far the largest ABS transaction in Poland). All rated senior bonds issued have reached a maximum rating levels reaching country-cap limits. Since the start of ABS programs in the Bank over 5 bn PLN in loans and receivables has been securitised. 18
HIGH COST REGIME MAINTAINED Operating expanses (PLN m) 1 57.0% 48.9% 59.3% 51.2% 37.1% 32.3% 52.3% 45.4% 55.7% 48.4% 53.9% 45.2% 63.7% 46.4% 43.1% 39.2% C/I ratio 239 210 180 218 211 188 184 200 194 174 169 202 196 177 174 178 2.4% y/y change 2.1% q/q change Decrease in costs q/q due to full yearly BFG resolution fee of PLN 46.8 m booked in Q1 2017 Bank s operating costs in Q2 2017 by PLN 4 m / 2% lowery/y 3-2.2% y/y change -18.2% q/q change Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 costs 2 costs excl. BFG 3 1 stand-alone, quarterly 2 without the cost of payments to the Banking Guarantee Fund re. bankruptcy of SK Bank in Q4 2015 and cooperative bank in Nadarzynin Q4 2016 3 excluding BFG (Banking Guarantee Fund) 19
ASSET QUALITY CREDIT RISK Loan impairment charges and loans balance (in PLN m) 3,4 Cost of credit risk (%) 1 30.06.2017 31.12.2016 change Corporate loans 2 0.3% 0.9% -0.6 p.p. 41783 43883 45306 47774 48898 49162 50273 50044 49238 47623 46228 45497 Car loans 2.0% 1.3% 0.7 p.p. Mortgage loans 1.5% 0.8% 0.7 p.p. Retail loans 7.4% 5.1% 2.3 p.p. Loans total 1.9% 1.3% 0.6 p.p. 248 246 268 244 214 224 198 204 189 185 143 152 157 163 166 157 132 128 128 125 107 67 Q1'12Q2'12 Q3'12Q4'12 Q1'13Q2'13 Q3'13Q4'13 Q1'14Q2'14 Q3'14Q4'14Q1'15 Q2'15Q3'15 Q4'15Q1'16 Q2'16Q3'16 Q4'16Q1'17 Q2'17 Coverage ratio(%) 5 Increase of coverage ratio 37,4% 35,2% 33,2% 33,1% 34,1% 34,5% 35,6% 35,2% 36,7% 38,2% impairment charges loan portfolio balance Mar'15 Jun'15 Sep'15 Dec'15 Mar'16 Jun'16 Sep'16 Dec'16 Mar'17 Jun'17 Average monthly loan impairmantcharges (PLN ths.) 3, 4 2011 2012 2013 2014 2015 2016 2017 1Q 15 2Q 15 3Q 15 4Q 15 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 2Q 17 TOTAL LOANS 97.8 79.3 49.5 57.1 39.5 21.0 42.6 36.2 52.4 41.8 61.7 55.5 68.3 81,6 Car loans 14.9 7.8 9.2 4.4-4.5-6.0 2.8 2.5 4.1-1.8 3.7 4.4 3.7 3,3 Mortgage loans 66.3 57.6 14.7 32.3 43.0 16.5 15.8 1.2 16.2 34.2 28.0 7.5 32.3 42,8 Retail loans 11.3 10.4 19.4 14.9-3.2 15.1 20.6 32.4 28.7 0.9 27.6 29.5 30.5 32,2 Corporate loans& other 5.2 3.5 6.2 5.7 4.2-4.6 3.3 0.1 3.5 8.4 2.4 14.1 1.7 3,3 1 Result on provision for NIL and other accounts receivable to average loans volume; stand-alone GNB 2 Including leasing and others 3 Stand-alone GNB 4 Q1 2012 and Q2 2012 figures for the merged banks of Getin Noble Bank and Get Bank 5 Impairment allowances / impaired loans 20
ASSET QUALITY CREDIT RISK Retail loans Portion of 30 DPD in repayment of the third instalment (%) Retail loans sale (PLN m) 1,5% 1,6% 1,3% 1,3% 1,4% 1,3% 1,8% 1,2% 1,0% 0,8% 0,7% 689 730 686 665 670 688 607 516 Sales limitation positively affecting the risk profile 388 404 423 371 358 406 Jan'14 May'14 Sep'14 Jan'15 May'15 Sep'15 Jan'16 May'16 Sep'16 Feb'17 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Q1'16 Q2'16 Q3'16 Q4'16 Q1'17 Q2 17 Mortgage loans Vintage analysis of mortgage loans (% 90 dpd by year of granting the loan) 2,0% 1,5% 1,0% 0,5% Bank efficiently adjusts procedures of evaluation and acceptance to market conditions and Clients situation. Despite the falling share of the old portfolio 1 loans in the structure of loans there is still high cost of risk associated with these exposures. 0,0% 4M 5M 6M 7M 8M 9M 10M 11M 12M months from granting 2010 2011 2012 2013 2014 2015 I-IIIQ 2016 1 loans granted untillq1 2010 21
BUSINESS TRANSFORMATION CONT. Sales network new format In the second quarter, the Bank started the process of final implementation of a new format of retail outlets aimed at increasing the efficiency of outlets. To be achieved by enhancing service comfort, new functionalities and new outlets in with higher potential locations. The first new format branch with automatic cash handling located in the Warszawa Wileńska shopping center opened for customers in early June. At the beginning of July, the company also launched The first branch in a new format located on a shopping street launched in the begining of July. Bank invests also in new functionalities - deposit boxes and 24h zones. New equipment in branches provides additional potential for optimizing cash transactions in branches, improving service quality and reducing personnel costs. The next new format branches to be launched in several Polish cities by the end of the year. The most effective existing branches will be modernized. Simultaneously, the existing branch network is being optimized. After pilot, the opening hours optimized, tailored to the customers needs and increased accessibility at the level of individual cities. The process of consolidating the most inefficient branches is progres. Costs reduction expected. 23
AGENDA 1. Summary 2. Key financials and business highlights 3. Appendix
Appendix 1 / consolidated data KEY FINANCIAL DATA Equity (attributable to equity holders of the parent company) 30.06.2017/ 30.06.2017/ PLN m 30.06.2017 31.12.2016 30.06.2016 31.12.2016 30.06.2016 5,029.2 5,107.6 5,233.9-1.5% -3.9% Sub debt 2,679.2 2,438.0 2,254.2 +9.9% +18.9% Balance sheet total 64,463.1 66,517.1 70,091.5-3.1% -8.0% Loans balance 44,659.8 46,665.8 47,449.1-4.3% -5.9% Deposits balance 51,483.7 53,041.1 55,053.8-2.9% -6.5% 2Q 17/ 2Q 17/ PLN m 2Q 2017 1Q 2017 2Q 2016 1Q 17 2Q 16 Net interest income 327.5 328.8 326.0-0.4% +0.5% Net fee and commission income 40.8 39.0 24.4 4.6% +67.2% Administration costs -211.9-253.8-214.5-16.5% -1.2% Administration costs (excluding Banking Guarantee Fund) -194.0-188.6-187.9 +2.9% +3.2% Net profit/loss -67.1-95.5 2.3-29.7% x C /I 1 56.6% 69.4% 56.5% -12.8 p.p. +0.1 p.p. ROE -6.3% -7.4% -0.6% +1.1 p.p. -5.7 p.p. NIM 1 2.1% 2.1% 1.9% 0.0 p.p. +0.2 p.p. CAR 15.8% 15.7% 15.6% +0.12 p.p. +0.23 p.p. 1 YTD data 24
Appendix 2 / stand-alone data KEY FINANCIAL DATA 30.06.2017/ 30.06.2017/ PLN m 30.06.2017 31.12.2016 30.06.2016 31.12.2016 30.06.2016 Equity 5,049.7 5,092.3 5,265.0-0.8% -4.1% Sub debt 2,669,6 2,428.9 2,245,4 +9.9% +18.9% Balance sheet total 64,648.5 67,707.2 70,438.2-4.5% -8.2% Loans balance 45,496.9 46,227.5 48,183.3-1.6% -5.6% Deposits balance 51,559.8 54,418.4 55,092.2-5.3% -6.4% 2Q 17/ 2Q 17/ PLN m 2Q 2017 1Q 2017 2Q 2016 1Q 17 2Q 16 Net interest income 323.1 321.6 315.3 +0.5% +2.5% Net fee and commission income 24.7 20.7 4.5 +19.3% X5.5 Administration costs -195.9-239.5-200.2-18.2% -2.1% Administration costs (excluding Banking Guarantee Fund) -178.0-174.3-173.8 +2.1% +2.4% Net profit/loss -103.8-66.4 9.1 +56.3% x C /I 1 54.4% 65.4% 43.2% -11.0p.p. +11.2p.p. ROE -6.6% -5.2% 5.6% -1.4 p.p. -12.2 p.p. NIM 1 2.06% 2.07% 1.88% -0.01 p.p. +0.18 p.p. CAR 15.9% 15.8% 15.6% +0.1 p.p. +0.3 p.p. 1 YTD data 25
MORE Getin Noble ABOUT Bank GETIN NOBLE BANK MORE INFO ABOUT GETIN NOBLE BANK INVESTOR RELATIONS WEBSITE www.gnb.pl MORE INFO ABOUT GETIN NOBLE BANK AND BANK S STRATEGY http://en.gnb.pl/prezentacje CONTACT DETAILS e-mail address: inwestorzy@gnb.pl 26
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