Banca IFIS S.p.A. · MIL:IF
Banca IFIS — Investor Day (November 2010)
9 slides from Banca IFIS's investor day presentation, Nov 19, 2010
Slide 1: One Day in Venice
Our Clients Are Our Passion ONE DAY IN VENICE November 19, 2010 Giovanni Bossi, CEO
Slide 2: Highlights
Highlights Our track record in the last 10 years CAGR in Turnover* +25,8% CAGR in Net Banking Income +27,2% CAGR in Net Profit +27,1% We are the largest independent Italian bank specialized in financing enterprises‟ working capital and offering credit management solutions through factoring In
Slide 3: Business Model
Business Model » Our core business is to finance working capital and to offer credit services to SMEs Our credit risk is mitigated by the use of the factoring contract. We directly manage our client‟s receivables and in collecting on these invoices we are able to pay off our exposure with the cl
Slide 4: Market size
Market size 30 billion 350 billion Euro 1,5 bn 320 billion Euro of short-term Euro of Euro of loans of loans * loans loans Factoring Short-term market commercial finance market market Impressive space for growth * Short-term loans to non-financial companies and family businesses, net of default loan
Slide 5: Funding Structure
Funding Structure Flexible and diversified channels Retail: Rendimax Wholesale: Interbank market RendiMAX: 26.000 clients, growing steadily and consistently. Retail funding trend by quarter 1500 1000 500 0 Dec-08 Mar-09 Jun-09 Sep-09 Dec-09 Mar-10 Jun-10 Sep-10 24/11/2010 5
Slide 6: Commercial presence
Commercial presence Direct presence Agreements • Agreements with banks and 60 cooperative banks • Agreements with the 4 „Confederazioni di BCC‟ • Agreements with trade associations 33 • Agreements with brokers 29 1 • New JV in India Italy: 99 Relationship Managers work within the 25 branches that
Slide 7: Financial snapshot
Financial snapshot 4.000 25 Turnover Net Profit 3.500 Amount of trade receivables purchased 20 yr end 3.000 2.500 15 9 months 2.000 10 1.500 1.000 5 500 - - 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 90 Net Banking Income 80 yr end 70 60
Slide 8: Financial snapshot
Financial snapshot Bank Bonds & Government Due to Banks Bonds 876m Euro 1.105m Euro Due to retail Factoring customers 1.458m Euro 1.255m Euro 24/11/2010 8
Slide 9: 2010-2012 growth guidelines
2010-2012 growth guidelines Consolidation of International funding structure Internal growth in core business expansion Service Products RendiMax Fast Credit Service Focus on making a Conscious Marketing strategy implementation of new CRM project client a faithful approach to new confirmed: high rel