Patria Bank SA · BVB:PBK
Patria Bank SA — 9M 2021 Earnings Presentation
20 slides from Patria Bank SA's earnings presentation, Nov 23, 2021
Slide 1: Positive results and consolidation of profitability
Positive results and consolidation of profitability Presentation of results for the first nine months of 2021 Bucharest • 23 November 2021 patriabank.ro
Slide 2: I. Macroeconomic background update
I. Macroeconomic background update Romania shows strong economic recovery in terms of GDP growth, but rising inflation remains an important concern. Inflation fears will lead to rising interest rates going forward. patriabank.ro
Slide 3: Romanian economy shows strong recovery, but rising inflation trends
Romanian economy shows strong recovery, but rising inflation trends GDP growth Inflation › Romania showed strong GDP growth in Q2 and Q3 2021 › Expected recurrence of inflation due to policies in many (estimated at 14.4% and 7.2%, respectively, after -3.9% in economies put in place to expand output
Slide 4: Interest rate and banking environment developments
Interest rate and banking environment developments Interest rates Banking system › In terms of monetary policy, the National Bank of Romania › Despite NBR expectations for the rate of non-performing has successively reduced the policy interest rate in the first loans across the banking system to inc
Slide 5: II. PBK - Commercial & operational developments
II. PBK - Commercial & operational developments The Bank continued to be an active participant in its key client segments – SMEs, microenterprises and agricultural farms. The portfolio of stage 1 and 2 performing loans increased by RON 266 million (16%) compared to December 2020. patriabank.ro
Slide 6: Key strategic pillars – 9M 2021 developments
Key strategic pillars – 9M 2021 developments SME and Corporate Agriculture (“Agro”) › Increased lending volumes by around 27% in the first nine › In March 2021 Patria Bank was among the first banks to sign months of 2021 compared to similar period of 2020 the agreement with APIA. The Bank remains on
Slide 7: Key strategic pillars – 9M 2021 developments
Key strategic pillars – 9M 2021 developments New loans production (RON mil.) ST1 & ST2 outstanding performing loans portfolio (RON mil.) IMM & Retail - IMM & Retail - Corporate Micro Agro Retail - secured unsecured Corporate Micro Agro Retail - secured unsecured 312 809 741 702 246 199 433 129 127 3
Slide 8: Investments in digitalization of the business model (I)
Investments in digitalization of the business model (I) Advanced online platforms › Patria de oriunde – the online onboarding platform for individuals › Patria Online – the online & mobile banking platform of the bank was launched in July 2021. The platform allows remote access to has been continuou
Slide 9: Investments in digitalization of the business model (II)
Investments in digitalization of the business model (II) Innovative products and new solutions for online services Other projects and initiatives › Implementation of Trusted Services based on qualified electronic › Equipping the branch network with tablets so clients can benefit signature - remote i
Slide 10: III. PBK - Improved results in first 3 quarters of 2021
III. PBK - Improved results in first 3 quarters of 2021 Financial results for the first 3 quarters of 2021 show a net profit of RON 7.2 million, an increase of 20% compared to the same period of 2020. This result comes from a favorable trend of operating revenues and from reductions in operating cos
Slide 11: Net profit in a pandemic context
Net profit in a pandemic context Financial performance at 30 Sep. 2021 Financial performance - 2019, 2020 and 2021 trends [RON Million] › Net banking income has increased by 9% (RON Profit Profit 11 million), mainly due to increasing income Operating Cost before Net Operating Cost before Net from fe
Slide 12: Balance Sheet evolution: placement of liquidity in income-generating assets continues
Balance Sheet evolution: placement of liquidity in income- generating assets continues Evolution of the gross performing loan Asset structure portfolio [Million RON] The process of placing liquid assets in loans has continued in 2021. Thus, the › The net loan portfolio increased by 14% or share of l
Slide 13: Balance sheet evolution & ratios
Balance sheet evolution & ratios Financial position at 30 Sept. 2021 Balance sheet items [RON Million] Dec 2018 Dec 2019 Dec 2020 Sep 2021 › Total Assets increased by 6% (RON 201 million) compared to the end of 2020 › Liquid assets 1,543.2 1,251.3 1,315.9 1,276.0 due to changes in the Bank’s balance
Slide 14: IV. Patria Bank stocks and bonds - market trends
IV. Patria Bank stocks and bonds - market trends Patria Bank has three securities issues listed on the regulated market of the Bucharest Stock Exchange: the bank's shares, trading with the PBK ticker symbol, and two subordinated bond issues trading with ticker symbols PBK27E and PBK28E. patriabank.r
Slide 15: PBK shares on the Bucharest Stock Exchange
PBK shares on the Bucharest Stock Exchange PBK shares PBK share price on the Bucharest Stock Exchange (RON) › Patria Bank shares are traded on the 0.1200 Premium Tier of the regulated market managed by the Bucharest Stock Covid-19 pandemic impact Exchange with the PBK ticker symbol 0.1000 › ISIN cod
Slide 16: PBK bonds on the Bucharest Stock Exchange
PBK bonds on the Bucharest Stock Exchange PBK27E bond price on the Bucharest Stock Exchange (%) PBK27E bond issue 110% Covid-19 pandemic › Subordinated, unsecured, impact nonconvertible issued in Euro 105% › Issue Date: 20 September 2019 › Total value: EUR 5.0 Million 100% › Interest rate: 6.50% pa
Slide 17: V. Shareholders and management
V. Shareholders and management Strong shareholding structure and experienced Management and Board members patriabank.ro
Slide 18: Strong shareholding structure
Strong shareholding structure Emerging Europe Accession Fund Axxess Capital selected track record in the financial services sector › The main shareholder of Patria Bank is EEAF Financial Services BV, an Investment Buyer upon exit investment vehicle managed by Axxess Capital Partners, with a 83.22% h
Slide 19: Experienced management and board members
Experienced management and board members Vasile Iuga Nicolae Surdu Horia Manda BoD member Bogdan Merfea BoD member BoD Chairman BoD member (independent) (independent) Ex-Managing Managing Partner- Ex CEO and Partner-South East Axxess Capital BoD CEO-Raiffeisen President BCC Europe, Romania member –
Slide 20: Investor relations
Investor relations Patria Bank SA Information for shareholders and bondholders › 42 Soseaua Pipera, Sector 2 Bucharest, › https://en.patriabank.ro/about-patria-bank/investors Romania › Phone: +40 747 045 464 › Email: [email protected] Contact persons › Razvan Pasol [email protected] › R