Annual Ge ne r al Me e ting Raiffe ise n Bank Inte r national 13 - PowerPoint PPT Presentation

Annual Ge ne r al Me e ting Raiffe ise n Bank Inte r national 13 June 2019 Wie ne r Sta dtha lle

We lc ome E rwin Ha me se de r Cha irma n o f the Supe rviso ry Bo a rd Annua l Ge ne ra l Me e ting 13 June 2019 2

F ir st Age nda Ite m Pre se nta tio n o f the a ppro ve d a nnua l fina nc ia l sta te me nts, inc luding the ma na g e me nt re po rt, the c o nso lida te d fina nc ia l sta te me nts a nd c o nso lida te d ma na g e me nt re po rt, e a c h a s a t 31 De c e mb e r 2018, a nd the pro po sa l fo r the utiliza tio n o f pro fit, the inde pe nde nt c o nso lida te d no n- fina nc ia l re po rt, the re po rt o f the Supe rviso ry Bo a rd fo r the 2018 fina nc ia l ye a r, a s we ll a s the Ma na g e me nt Bo a rd's Co rpo ra te Go ve rna nc e Re po rt. Annua l Ge ne ra l Me e ting 13 June 2019 3

Supe r visor y Boar d Re por t E rwin Ha me se de r Cha irma n o f the Supe rviso ry Bo a rd Annua l Ge ne ra l Me e ting 13 June 2019 4

Manage me nt Boar d Re por t Joha nn Strobl CE O Annua l Ge ne ra l Me e ting 13 June 2019 5

Positive De ve lopme nt 2018 Consolida te d Profit Ope ra ting Re sult  I  One o f the b e st re sults in mpro ve d ne t inte re st +14% +8% inc o me drive n b y lo a n RBI ’ s histo ry g ro wth  L o w risk c o sts 1,270 2,250 2,087 1,116  I nc re a se d fe e a nd c o mmissio n inc o me 2017 2018 2017 2018 L oa ns to c ustome rs CE T 1 Ra tio  L  I +4% o a ns to c usto me rs nc re a se o f CE T 1 drive n b y +64bps inc re a se d in a lmo st a ll c o nso lida te d pro fit a nd ma rke ts sa le o f c o re b a nking 80,866 77,745 12.7% 13.4% o pe ra tio ns in Po la nd 2017 2018 2017 2018 Divide nd pro po sa l to the AGM o f E UR 0.93 pe r sha re NB: 2017 fig ure s ha ve b e e n a djuste d to re fle c t impa c t fro m F I NRE P imple me nta tio n Annua l Ge ne ra l Me e ting 13 June 2019 6

Positive De ve lopme nt 2018 Cost/ Inc ome Ra tio Provisioning Ra tio  Stro ng e r g ro wth in  Pro visio ning ra tio - 160bps - 20bps o pe ra ting inc o me tha n sub sta ntia lly re duc e d 57.5% 59.1% in OPE X le d to a n 0.41% 0.21% impro ve d c o st/ inc o me 2017 2018 ra tio 2017 2018 NPL Ra tio Ne t Inte re st Ma rg in  130 bps NPL - 186bps  Ne t inte re st ma rg in re duc tio n sta b le a t 2.5%  37 bps fro m lo a n g ro wth 2.5% 2.5% 5.7%  19bps fro m Po lish 3.8% dispo sa l 2017 2018 2017 2018 NB: 2017 fig ure s ha ve b e e n a djuste d to re fle c t impa c t fro m F I NRE P imple me nta tio n Annua l Ge ne ra l Me e ting 13 June 2019 7

Distribution of Profit be fore T a x – F Y 2018 Cha ng e y-o -y (24.6%) 8.8% (15.7%) 30.0% (2.0%) 89.9% 488 (562) 855 1,753 525 I n E UR mn 447 Ce ntra l E uro pe So uthe a ste rn E a ste rn E uro pe Gro up Co rpo ra te Ce nte r RBI Gro up E uro pe Co rpo ra te s & Re c o nc ilia tio n 1 & Ma rke ts 1) Due to the mo stly inte rna l na ture o f Co rpo ra te Ce nte r, a mo unt ne tte d with Re c o nc ilia tio n fo r illustra tive purpo se s Annua l Ge ne ra l Me e ting 13 June 2019 8

RBI in Russia : a robust busine ss mode l Most impor tant de ve lopme nts 2018 L oan book e xposur e by c ate gor y Othe r  Pro fit a fte r ta x E E ne rg y 6% UR 455 mn 5% I ndustria ls  Ne t inte re st inc o me inc re a se d b y 3%, 7% Re ta il Co nsume r Ne t inte re st ma rg in 5.77% 38% Cyc lic a l 6%  L o a n g ro wth in E UR 7% Co nsume r No n- Cyc lic a l  NPL 13% ra tio 3.0%; NPL c o ve ra g e ra tio 76.9% Re a l E sta te 4% Ma te ria ls 21% Annua l Ge ne ra l Me e ting 13 June 2019 9

RBI in Russia : a robust busine ss mode l 26% RoE ~ E UR 1.6 bn c umulative pr ofit afte r tax sinc e 2015 (a fte r ta x, a ve ra g e 2014-2018) 455 500 03% 443 29% 450 387 02% 400 2.3% 316 01% 350 1.5% 300 00% 18% 250 -01% (0.2%) 200 (2.8%) 150 -02% 100 -03% 50 0 -04% 2015 2016 2017 2018 re a l GDP g ro wth in % - Russia RBRU pro fit a fte r ta x (€ mn.) 2014 2018 Annua l Ge ne ra l Me e ting 13 June 2019 10

Ba la nc e She e t Ove rvie w 2018 in E UR millio ns 31/ 12/ 2018 31/ 12/ 2017 Cha ng e T o ta l a sse ts 140,115 135,146 3.7% L o a ns to b a nks 9,998 10,741 (6.9%) L o a ns to c usto me rs 80,866 77,745 4.0% De po sits fro m b a nks 23,980 22,378 7.2% De po sits fro m c usto me rs 87,038 84,974 2.4% E q uity 12,413 11,241 10.4%  L oa ns to c ustome rs up 4%: ma inly in Austria , Cze c h Re pub lic , Ro ma nia , Slo va kia a nd Russia Asse ts  Ca sh ba la nc e s up, ma inly drive n b y he a d o ffic e de po sits a t Austria n Na tio na l Ba nk  De posits from c ustome rs up 2%: inc re a se s ma inly in Austria , Russia , Slo va kia , Cze c h Re pub lic a nd Ro ma nia L iabilitie s  De posits from ba nks up 7%, mo stly drive n b y sho rt-te rm re fina nc ing a t he a d o ffic e Annua l Ge ne ra l Me e ting 13 June 2019 11

Ca pita l ra tios we ll a bove re quire me nts 2019 Re gulator y Capital Re quir e me nts 18.2% 14.9% min. 15.00% 13.4% T ie r 2 2.0% min. 13.00% AT 1 1.5% min. 11.50% CBR 4.75% T ie r1 13.00% CE T 1 11.50% P2R 2.25% Pilla r 1 4.50% T o ta l CE T 1 T ie r 1 c a pita l NB: ra tio s o n tra nsitio na lb a sis a t 31/ 12/ 2018; Minimum re q uire me nts a t 1/ 1/ 2019 Annua l Ge ne ra l Me e ting 13 June 2019 12

NPL De ve lopme nt NPL as % of c ustome r loans and NPL c ove r age r atio De ve lopme nt of pr ovisioning r atio 75.6% 77.6% 2.13% 71.3% 67.0% 67.5% 1.64% 1.05% 1,716 11.9% 11.4% 0.35% 0.21% 9.2% 1,264 5.7% 754 3.8% 287 166 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 NPL Ra tio (no n-b a nks) Impa irme nt lo sse s o n fina nc ia l a sse ts (E UR mn) NPL Co ve ra g e Ra tio (no n-b a nks) Pro visio ning ra tio (a vg . lo a ns to c usto me rs)  Sub sta ntia lly impro ve d r isk c osts and NPL r atio  atio de c re a se d b y 1.9 PP to 3.8%; la rg e st re duc tio n in SE E (b y 2.4PP) a nd E E (2.1PP) NPL r  NPL c ove r age r atio inc re a se d in 2018 b y 10.6 PP to 77.6%  Wo rko ut is ve ry muc h fo c use d o n va lue pre se rving a ppro a c h (e .g . se le c tive sa le o f NPL s) Annua l Ge ne ra l Me e ting 13 June 2019 13

Summa ry of Q1/ 2019 Ope r ating Re sult Consolidate d Pr ofit (E UR mn) (E UR mn) - 16% - 43% • NII up ~7.5% y-o -y e xc lud ing Po la nd , • Risk c o sts re ma in ve ry lo w fe e a nd c o mmissio n inc o me up ~6% • Bo o king o f c o ntrib utio ns to 507 e xc lud ing Po la nd 551 399 379 re so lutio n fund a nd b a nk le vy 465 226 • Also impa c te d b y Po la nd a nd pa yme nts pre d o mina ntly in Q1 he d g e va lua tio ns Q1/ 2018 Q1/ 2019 Q1/ 2018 Q1/ 2019 L oans to c ustome r s CE T 1 Ratio (E UR bn) (% ) +0.8 PP +7% • • Stro ng lo a n g ro wth d e spite sa le in Ca pita l ra tio re ma ins we ll a b o ve Po la nd ta rg e t le ve l 13.6 85.5 12.8 80.2 75.7 • L o a ns up 6% YT D • CE T 1 ra tio pro fo rma , inc l. Q1 77,745 re sults Q1/ 2018 Q1/ 2019 Q1/ 2018 Q1/ 2019   Re silie nt a nd we ll-d ive rsifie d c o re re ve nue stre a ms Ma c ro e c o no mic e nviro nme nt re ma ins suppo rtive   So und risk po sitio n We ll po sitio ne d to c a pita lize o n g ro wth o ppo rtunitie s Q1/ 2018 e xc l. Po la nd / Po lish c o re b a nking o pe ra tio ns Annua l Ge ne ra l Me e ting 13 June 2019 14

F ina nc ia l Pe rforma nc e Q1/ 2019 2.44 Ne t Inte r e st y-o -y 2.49 2.43 Ope r a ting inc ome Ma r g in (% ) (7.9%) E UR 1,189 mn Q1/ 2018 Q1/ 2019 Ge ne r a l a dmin. e xpe nse s 2.44 (2.1%) E UR (724) mn Cost/ Inc ome R a tio (% ) 60.9 57.3 Pr ovisioning r a tio +47 b ps 4 b ps Q1/ 2018 Q1/ 2019 Consolida te d pr ofit (43.4%) E UR 226 mn 2.44 Consolida te d 16.6 R e tur n on E quity (% ) 7.9 Q1/ 2018 Q1/ 2019 E UR 0.64 E UR 33.36 E a r ning s pe r sha r e Book va lue pe r sha r e Annua l Ge ne ra l Me e ting 13 June 2019 15

Adva nc e d Anti- Mone y L a unde ring Syste m kom (BAE Syste ms) Mode r n tr ansac tion monitor ing syste m Nor  One sta nda rd syste m a c ro ss the Gro up  I nte rna l a nd e xte rna l ve rific a tio n a nd o ptimiza tio n  F ull c o mplia nc e with le g a l re q uire me nts F ully a uto ma te d tra nsa c tio n sc re e ning using a ts a re ma nua lly r All ale r e vie we d c o mmo n-sta nda rd mo nito ring syste m F ull c o mplia nc e with inte rna l re g ula tio ns a nd Re g ula r re vie ws b y the re g ula to r lo c a l le g a l re q uire me nts staffing (inc l. suppo rt func tio ns) Inte r nal and E xte r nal ve r ific ation AML • Ong o ing a sse ssme nt o f tra nsa c tio n mo nito ring ind ic a to rs to • ~80 F T E s in he a d o ffic e furthe r o ptimize the syste m • Ove r 300 F T E s in the ne two rk units • Re g ula r me e ting s with la rg e US b a nks to d e mo nstra te fra me wo rk, me tho d o lo g y, re so urc e s, c a lib ra tio n a nd c ritic a l c o untrie s Annua l Ge ne ra l Me e ting 13 June 2019 16