www.abanka.si I [email protected] I Abafon 080 1 360
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Overview
OUR BUSINESS
Universal bank founded in 1955 providing wide range of bank
andotherfinancialservices
100%ownedbyRepublicof Slovenia
Substantial market share of 9.6% (as at 30.6.2018): •Totalassets3,7bnEUR •Netprofit40,4mioEUR •CAR23.1%(30.6.2018)
ActIvItIES IN 2018:
Signingofagreementonthepackagesaleof portfolioofnon-performingclaimsinMarch
CompletionofProcessofsellingsubsidiary companyAleasingd.o.o.inApril
Renovation of business strategy
ABANKA’S FIvE cORE vALUES:
FriendlinessExcellencePartnershipInnovativenessExecution
ADOPtING OF tHE BANK StRAtEGY2018-2020
The Bank strategy is focusing on:
Satisfyingclientsneeds
Implementation of digital solutions
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RepublicofSlovenia—MacroeconomicView
Capitalandlargestcity:Ljubljana
Area:20,273 km2
Population:cca. 2 million
GDP(2017):43,278 mio EUR
RealGDPgrowth(2017):5.0%
GDPpercapita(2017):20,951 EUR
Debt/GDP(2017):73.6%
SurplusofBalanceofpayments(2017):2,813 mio EURTheshareofSurplusofbalanceof paymentsinGDP:6.5%
cOUNtRY RAtINGSFitch:A-;stableoutlookMoody’s:Baa1;stable outlookS&P:A+;positiveoutlook
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GDPStructure
MAIN MAcROEcONOMIc INDIcAtORS
2017 2018 2019 2020
RealGDPgrowthin% 5.0 5.1 3.8 3.2
Rate of registered unemployment in % 9.5 8.0 7.2 6.7
Inflation(yearaverage)in% 1.4 1.5 1.9 2.3
Source: UMAR, Spring forecast of economic trends 2018 (March 2018)
Source: Bank of Slovenia and solo bank calculation
More than half of Slovenia’s goods exports go to the EURO area... (% 2017)
...and are dominated by manufactured goods, trade and transport (% 2017)
Other services11%
Net taxes on products
13%
Public administrations, education, human health
and social work14%
Information, communication, financial
and insurance activities7%
Trade,transportationsand storage,accommodationand food services 18%
Mining,manufacturing,electricity andwater suply24%
Agriculture,forestry and fishing2%
Construction, Real estate
11%
Rest of World23%
Austria8%
Italy11%
Germany20%
Croatia8%
Other EU24% France
6%
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Slovenian Banking System
As at 30.6.2018in EUR million
total assets: 38,468
Loans to non-banking sector: 21,819
Liabilities from non-banking sector: 27,496
total Equity: 4,870
Liabilities from banking sector: 3,375
Loan to deposit: 79.4%
Net profit: 295.7
Non performing loans: 4.9%
Top 10 banks market share in Slovenia (%) — 30.6.2018
Source: Bank of Slovenia and solo banks calculation
Source: Bank of SloveniaAugust 2018
25.0
20.0
15.0
10.0
5.0
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23.2
Nov
a LB
Lj
ublja
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9.6
Aba
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6.5
SID
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6.6
Uni
Cre
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Ban
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SK
B
6.4
Inte
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San
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4.8
Gor
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4.7
Sbe
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Add
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Ban
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12.9
Nov
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AbankaRatings
Credit rating agencyRating
date
Credit riskrating:
long-term
Credit riskrating:
short-term
Financialstrength
ratingOutlook
FItcH April2018 BB+ B bb+(viability) stable
Moody’s September2017 Ba1 NotPrime ba3(BCA) positive
capital Intelligence October2017 BB+ A3 BB positive
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FinancialhighlightsH12018ofAbankaGroup
As at 30.6.2018in EUR milliontotal assets: 3,708
Loans to non-banking sector: 1,944
Liabilities from non-banking sector: 2,877
Liabilities from banking sector: 127
Loan to deposit: 67.6%
Share of NPLs in total loans: 5.5%
cAR: 23.1%
Net profit: 38.9
Market share (total Assets)*: 9.6%
Number of branches: 56
Number of employees: 1,047
*Number for solo Abanka
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Abankad.d.—aBankwithTradition
From December 1989independentbank namedABANKA d.d.,Ljubljana
Recapitalization of the bank by the Republic of Slovenia;preparation of the restructuringplan of the bank for the period 2014 – 2018
31st December2002 mergerby acquisitionof Banka Vipa,consequentlyrenamed intoAbanka Vipa d.d.
On 16thDecember 2014EuropeanCommission has concluded that jointrestructuringplan of AbankaVipa d.d. andBanka Celje d.d.is in line with EUstate aid rules.
On 13th August2014 EuropeanCommissionauthorises stateaid for Abanka.In October 2014completition ofthe increase inAbanka’s capital and transfer ofclaims to theBAMC.
On 5th october2015 successfulmerger byacquisitionof Banka Celje by ABANKA d.d.,Ljubljana
Adoption of the Bankstrategy2018-2020
1955 1989 2002 2013 2014 2015 2018
Abanka wasfounded in 1955 as a subsidiary of the exJugoslav bankfor foreign trade, later known asJUGOBANKA:subsidiaryJugobankawas the first inSlovenia toconductinternationalbusiness
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Bank strategy 2018-2020
STRATEGIC PRIORITIES
CULTURE AND CLIENT EXCELLENCE
BUSINESS GROWTH
EFFICIENCY IMPROVEMENT
RISK MANAGEMENT
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OrganisationalStructure
DIVISIONAL ORGANISATION OF THE BANK ENABLES EFFICIENT MANAGEMENT ANDREGULAR DEVELOPMENT OF THE PRODUCTS AND SERVICES FOR THE CUSTOMERS
RETAIL BANKING AND SMALL BUSINESS DIVISION
RISK MANAGEMENTDIVISION
INFORMATION TEChNOLOGy DIVISION
BACK-OFFICE OPERATIONS DIVISION
CORPORATE BANKING DIVISION
FINANCIAL MARKETS DIVISION
FINANCE DIVISION
MANAGEMENT BOARD
COMPLIANCE
PROCUREMENT AND GENERAL AFFAIRS
CUSTODy AND ADMINISTRATIVE SERVICES
PERSONNEL AND ORGANISATIONLEGAL
CORPORATE COMMUNICATIONS
DEVELOPMENT AND MARKETING
COORDINATION OF WORK WITh ThE REGULATOR
INTERNAL AUDIT
SUBSIDIARy COORDINATION
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Universal Bank
ABANKA IS AN UNIVERSAL BANK THAT PROVIDESALL BANKING AND OTHER FINANCIAL SERVICES
SE
RV
ICE
SA
PP
RO
AC
h
Extensive network of 56 branches
throughout SloveniaE-banking
Advisory servicesand
personal approach
Commercial banking
Bank assuranceservices
Treasuryand
Investment banking
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Products&Services
Strongbrandrecognitionincorporate,SMEandretailbankingModernfinancialinstruments(e-banking,mobilebanking)ExtensivenetworkthroughbranchesandATMs
StrategicpartnershipwithZavarovalnicaTriglav, thebiggestSlovenianinsurancecompanyWiderangeofinsuranceproducts
Fixedincomeproducts(primaryandsecondarymarket)WiderangeofderivativeproductsCurrencytradingEquity&precious metals brokerageCorporatefinanceadvisory
COMMERCIALBANKING
BANK ASSURANCEPRODUCTS
TREASURy ANDINVESTMENT BANKING
“Tooffertheverybestfinancialservicesthroughlong-termpartnerrelationships,excellenceinoperations,concernforsecurityandcontinuousdevelopment.”
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FinancialHighlights(H12018)
Abanka d.d. (unaudited data) EURthousands
STATEMENT OF FINANCIAL POSITION 30 June 2018 1 January 2018 Index 6.18/1.1.18
Cash (cash and balances with banks) 439,953 411,664 106.9Loans to banks 42,594 60,732 70.1Loans to non-bank customers 1,955,226 1,977,368 98.9
Retail customers 870,304 848,516 102.6Corporate customers 1,084,922 1,128,852 96.1
Financial assests - securities 48,413 46,186 104.8Financial assests - bonds 1,089,994 1,033,237 105.5Property, equipment, intangible assets, investments in subsidiaries and other assets
132,322 95,200 139.0
Total Assets 3,708,502 3,624,387 102.3Liabilities towards financial institutions 127,033 113,254 112.2
Financial liabilities to customers 2,880,203 2,861,187 100.7
Retail customers 2,041,675 1,981,616 103.0
Corporate customers 838,055 879,071 95.3
Loans from non-bank customers 473 500 94.5
Bonds and certificates of deposit 13,394 13,021 102.9Provisions 47,688 43,374 109.9Other liabilities 82,090 33,157 247.6Equity 558,094 560,394 99.6Total Liabilities & Equity 3,708,502 3,624,387 102.3
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FinancialHighlights(H12018)
Abanka d.d. (unaudited data) EURthousands
INCOME STATEMENT Jan-Jun 2018 Jan-Jun 2017 Jan-Dec 2017 Index 1-6.18/1-6.17
Net interest income 29,466 36,655 72,236 80.4
Net non interest income 35,078 24,993 46,453 140.4
Gross income 64,544 61,648 118,689 104.7
Operating expenses -33,612 -34,355 -72,797 97.8
Operating profit 30,932 27,293 45,892 113.3
Net impairment and provisions 13,358 8,606 1,943 155.2
Total profit / loss before tax 44,289 35,899 47,835 123.4
Tax -3,875 -3,444 -5,215 112.5
Total profit / loss after tax 40,414 32,455 42,620 124.5
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IdentityCard:Abankad.d.
Registered office:Slovenskacesta58,1517Ljubljanatransaction account: SI56 0100 0000 0500 021BIc:ABANSI2Xtax number:68297530vAt identification number:SI68297530Registration number:5026024Share capital:EUR151,000,000Phone:+38614718100Fax:+38614325165Web address: http://www.abanka.siE-mail: [email protected] Board: •JožeLenič,MSc(PresidentoftheManagementBoard) •MatejGolobMatzele(MemberoftheManagementBoard) •MatevžSlapničar,MSc(MemberoftheManagementBoard)Shareholder Structure:RepublicofSlovenia100%
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Contacts
Common e-mail address for investors
Financial Markets
Mr. Boštjan HeričExecutiveDirectorofFinancialMarketsPhone:+38614718461E-mail:[email protected]
Investment banking
Mr. Blaž AngelDirectorofInvestmentbankingPhone:+38614718170E-mail:[email protected]
Financial Institutions
Mrs. Maja BogdanoskiHeadofFinancialInstitutionsPhone:+38614718071E-mail:[email protected]