Presentation on theme: "1 SBERBANK OF RUSSIA: OPPORTUNITIES IN HUNGARY. 2 o Foundation: 1841 o Largest Branch Network: 18 600 o Employees: 246 ths o Retail clients: ~ 106 mln."— Presentation transcript:
2 o Foundation: 1841 o Largest Branch Network: 18 600 o Employees: 246 ths o Retail clients: ~ 106 mln o ATM and self-service terminals: > 81 500 o Retail transactions executed via remote channels: 83% o Russian market share: o 28 % - by Assets o 32 % - by Corporate Loans o 32% - by Retail Loans o 45 % - by Retail Deposits o 28% - by Equity Sberbank of Russia in Brief As of 01/07/2013
3 Sberbank of Russia: Ownership Structure & Key Financials Source: Company’s website (www.sberbank.ru), Bank of Russia website (www.cbr.ru ) * at Central Bank of Russia RUR/EUR exchange rate for 01/07/2013 Ownership Structure (Sberbank Group) Central Bank of Russia 50.00% + 1 ordinary share Free Float 50.00% - 1 ordinary share Domestic Institutional 2.3% Domestic Retail 3.7% 44.0% Foreign Institutional Central Bank of Russia 50.0% + 1 share Free float o Assets, total: EUR 335 bn o Equity, total: EUR 41 bn o Corporate loans : EUR 176 bn o Retail loans : EUR 66 bn o Retail deposits: EUR 167 bn o Net profit: EUR 4.5 bn o ROAA: 2.8% o ROAE: 22.4% o Cost/Income ratio: 38.5% Key Financials, as of July 01, 2013*
4 Sberbank Group: Broad Geographical Coverage Kazakhstan SB JSC Sberbank ● 99.99% stake ● 1.1% of Group’s assets ● #5 by assets ● 6.1% market share by assets Ukraine Sberbank of Russia JSC - to be merged with Volksbank Ukraine ● 100.0% stake ● 0.8% of Group’s assets ● #8 by assets ● 2.7% market share by assets Belarus Source: Sberbank’s unaudited quarterly IFRS financial statements for 1H2013, Sberbank’s operational data as of 01/07/2013, Sberbank’s and subsidiaries’ ranks and market shares based on the respective central banks’ data Central & Eastern Europe Sberbank Europe AG ● 100.0% stake ● 2.7% of Group’s assets ● Headquartered in Austria; 270 branches in 8 countries: Croatia, Czech Republic, Slovakia, Bosnia- Herzegovina, Hungary, Slovenia, Serbia and Ukraine JSC BPS-Sberbank ● 97.9% stake ● 0.8% of Group’s assets ● #3 by assets ● 9.7% market share by assets DenizBank AS ● 99.85% stake ● 6.9% of Group’s assets ● ca. 623 branches; 3,357 ATMs; 126,863 POS terminals Turkey Representative offices: ● Germany ● China Trading platforms: ● London ● New York Branch: ● India Wholly-owned subsidiary: ● Sberbank (Switzerland) AG
5 Subsidiaries of Sberbank Europe AG in brief As of 01/09/2013 Today nine banks of Sberbank Europe AG operate in 8 European countries
6 Magyarorszagi Volksbank Zrt. in Brief o Foundation: 1993 o Outlets: 52 o Employees: 696 o Assets, total: EUR 1 788 mio o Market share in Hungary o 1.70% by assets o 2.30% by loans o 2.20% by deposits As of 01/09/2013, except for market share figures – as of 01/08/2013
7 Russia and Hungary: economic cooperation Russian-Hungarian economic relations occupy an important and permanent place in the system of foreign economic relations of the two countries, which made it possible to maintain the bilateral cooperation during the crisis. In the interest of sustainable development of the economies of the two countries Russia and Hungary are going to make efforts for the successful implementation of joint projects and already started to search for new ways of bilateral cooperation. Along with the cooperation within the “South Stream” framework, the other important project is delivering of Russian nuclear fuel for the Hungarian “Paks” Nuclear Power Plant which is planned to continue until the plant stops its operations. According to the Hungarian Customs statistics, the trade turnover between Russia and Hungary in January-June 2013 increased by 6.7% to $ 6.1 billion. The dominant share in Russian export to Hungary is occupied by energy sources (92%). Russian import from Hungary consists mostly of engineering products (44.7%) and manufacturing (excluding engineering products) (45.1%). The Russian-Hungarian Intergovernmental Commission on Economic Cooperation is one of the established authorities set up to strengthen mutual cooperation.
8 Sberbank in Hungary: key achievements Retail: - Moneygram cooperation agreement signed - New account packages launched for private individuals & micros - Consumer loan pilot started - Mobile banking application for smartphones developed and will go live by end of 2013 - New account packages launched for private individuals & micros Risk: - New credit process launched Operations: - STP Excellence Award of Deutsche Bank Corporate: - Participation Hungarian National Bank growth program - Several significant deals in Corporate - Increase of fees based on new account contracts signed
9 Business relationship Despite the unfavorable macroeconomic situation in Hungary, Sberbank of Russia successfully develops its business in the following areas: Energy: VBHU is one of the most active banks that lend to projects in the energy sector in Hungary, including alternative energy projects Telecommunications and transport: VBHU actively lends money to the telecommunications sector companies (Magyar Telekom, Synergon), serves and finances logistic transport companies: Gefco (owned by Russian Railways) and Ukrailtrans (4th place in the market of railway traffic, the company is founded and owned by Russian investors) SME: VBHU is one of the major banks lending to the SME sector in 2012-2013, Participation in the program of the National Bank in July and August provided a portfolio growth of SMEs in the amount of approx. USD 45 million implementation of joint projects with other banks of Sberbank Group: Sberbank is the leader of the consortium of financial advisors (with the Hungarian Development Bank and ING) on the construction project of the gas pipeline "South Stream Hungary”, while Hungarian Volksbank is the agent and the syndicate leader to finance the supply of gas deal along with Sberbank Europe, Unicredit and OTP.