Factsheet eng_2Q 2014
2
1 Fact sheet Money does not build a bank, relationships do IR Contacts: E-mail: [email protected] Web-site: www.vbank.ru Tel: +7 (495) 620-90-71 Fax: +7 (495) 620-19-52 Elena Mironova E-mail: [email protected] Maria Gorbunova E-mail: [email protected] Andrey Smirnov E-mail: [email protected] Bank Vozrozhdenie has a history dating back to April 1991. Most of the current management team has been with the bank for more than 15 years, many – since its inception in 1991, having weathered several crises in the banking system. Now we are one of the leading banks in Russia ranked 34th by assets, 24rd by loan portfolio and 21th by retail deposits. The bank's key operations are in loans to SMEs (43% of total loans), consumer lending, mortgages and banking cards (27% of total loans). Our distribution network spans 142 outlets and about 883 ATMs covering 21 regions of Russia with main focus on Moscow region, South and North-West of Russia. Serving around 63,400 corporate clients and 1.7 million retail clients we concentrate on our key strengths - strong fee-income generation capacity (actually one of the highest shares of fees in operating income among Russian banks) and higher margin-SME and mortgage lending as well as stable funding from customer deposits. Bank Vozrozhdenie is listed on the MOEX (ticker VZRZ, pref - VZRZP). Bank has been publishing financials under Russian Accounting Standards and International Financial Reporting Standards since 1991. Our external auditor is PricewaterhouseCoopers Audit. The bank’s long-term ratings are: Moody’s Ba3, Standard & Poor’s BB-. The main shareholders of the bank are: Dmitry Orlov, Chairman of the Board of Directors (30.70%), Otar Margania, Member of the Board of Directors (18.65%), JPM International Consumer Holding Inc. (9.37%). * - according to Expert RA rating agency Market position* 3rd by loans to the SME sector 14th by mortgages issued 21st by individual deposits 13th by turnover on ATMs network 23rd by corporate loans
-
Upload
bank-vozrozhdenie-ir-team -
Category
Investor Relations
-
view
112 -
download
0
description
Factsheet eng_2Q 2014
Transcript of Factsheet eng_2Q 2014
1
Fact sheetMoney does not build a bank, relationships do
IR Contacts:
E-mail: [email protected]: www.vbank.ruTel: +7 (495) 620-90-71Fax: +7 (495) 620-19-52
Elena MironovaE-mail: [email protected]
Maria GorbunovaE-mail: [email protected]
Andrey SmirnovE-mail: [email protected]
Bank Vozrozhdenie has a history dating back to April 1991. Most of the current management team has been with the bank for more than 15 years, many – since its inception in 1991, having weathered several crises in the banking system. Now we are one of the leading banks in Russia ranked 34th by assets, 24rd by loan portfolio and 21th by retail deposits. The bank's key operations are in loans to SMEs (43% of total loans), consumer lending, mortgages and banking cards (27% of total loans).
Our distribution network spans 142 outlets and about 883 ATMs covering 21 regions of Russia with main focus on Moscow region, South and North-West of Russia. Serving around 63,400 corporate clients and 1.7 million retail clients we concentrate on our key strengths - strong fee-income generation capacity (actually one of the highest shares of fees in operating income among Russian banks) and higher margin-SME and mortgage lending as well as stable funding from customer deposits.
Bank Vozrozhdenie is listed on the MOEX (ticker VZRZ, pref - VZRZP).
Bank has been publishing financials under Russian Accounting Standards and International Financial Reporting Standards since 1991. Our external auditor is PricewaterhouseCoopers Audit.
The bank’s long-term ratings are: Moody’s Ba3, Standard & Poor’s BB-.
The main shareholders of the bank are:
Dmitry Orlov, Chairman of the Board of Directors (30.70%), Otar Margania, Member of the Board of Directors (18.65%), JPM International Consumer Holding Inc. (9.37%).
* - according to Expert RA rating agency
Market position* 3rd by loans to the SME sector
14th by mortgages issued 21st by individual deposits
13th by turnover on ATMs network 23rd by corporate loans
2
Fact sheetMoney does not build a bank, relationships do
Key balance sheet numbers, Rub mln
1H 2014
2013 2012
Assets 209,609 211,006 209,062
Net loans 151,982 155,828 141,662
Corporate loans % 72% 75% 79%
Retail loans% 28% 25% 21%
Customer accounts
158,110 161,540 163,876
Equity 23,196 22,366 20,807
Key balance sheet ratios
1H 2014
2013 2012
Loans to Deposits 105% 104% 95%
Capital Adequacy (Basel I)
- 13.8% 14.8%
Capital Adequacy (Basel III)
12.3% - -
Leverage (equity/assets)
11.1% 10.6% 10.0%
Customer funds to liabilities
84.8% 85.6% 87.1%
Key income statement numbers, Rub mln
1H 2014
2013 2012
NII 4,986 9,486 9,058
Net fees 1,893 4,509 5,061
Other income 408 652 674
Provisions (1,866) (3,839) (2,722)
Operating expenses
(4,365) (8,777) (8,652)
Net profit 859 1,492 2,331
Key ratios 1H 2014
2013 2012
NIM 4.7% 4.4% 4.7%
Cost of risk (annualized)
2.2% 2.3% 1.8%
Cost to Income 59.9% 59.9% 58.5%
ROA 0.8% 0.7% 1.2%
ROE 7.5% 7.0% 11.9%
Share price performance
Trading volumes (shares)
1H 2014 2013 2012
MOEX (mln) 0.7 1.2 2.6
Earnings per share
1H 2014 2013 2012
EPS, Roubles 69 60 93
1/7/13 1/9/131/11/131/1/14 1/3/14 1/5/14 1/7/141
10
100
1,000
10,000
100,000
0
360
720
1,080
1,440
1,800
Volume Last price
Shares Rubles
