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HCFB 9M 2017 financial results 27 November 2017 1 Disclaimer - PowerPoint PPT Presentation

HCFB 9M 2017 financial results 27 November 2017 1 Disclaimer "IMPORTANT: You must read the following before continuing. The following applies to this document, the oral presentation of the information in this document by [Home Credit &


  1. HCFB 9M 2017 financial results 27 November 2017 1

  2. Disclaimer "IMPORTANT: You must read the following before continuing. The following applies to this document, the oral presentation of the information in this document by [Home Credit & Finance Bank] (the "Bank") or any person on behalf of the Bank, and any question- and-answer session that follows the oral presentation (collectively, the "Information"). In accessing the Information, you agree to be bound by the following terms and conditions. The Information is not intended for potential investors and does not constitute or form part of, and should not be construed as an offer or the solicitation of an offer to subscribe for or purchase securities of the Bank, and nothing contained therein shall form the basis of or be relied on in connection with any contract or commitment whatsoever. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the Information or the opinions contained therein. The Information applies only as of the date of this document and is not intended to give any assurances as to future results. The Bank expressly disclaims any obligation or undertaking to disseminate any updates or revisions to the Information. Market data used in the Information not attributed to a specific source are estimates of the Bank and have not been independently verified. The Information is not intended for publication or distribution, directly or indirectly, in or into the United States or to any U.S. person (as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). The Information is provided for information purposes only and is not, and must not be viewed as, an offer to buy, or solicitation of an offer to sell, securities in the United States or in any other jurisdiction." 2

  3. Financial highlights – consolidated Statement of Profit or Loss, RUB bn 9M17 9M16 Change, % Summary of 9M 2017 performance: Net interest income 22,4 21,3 5,4% • Growing profitability – net income Net fee and commission income 7,4 8,2 -10,6% achieved RUB 11,0 bn; Operating income 29,9 28,9 3,3% Net income 11,0 4,6 139,9% • Improved risk metrics – NPLs (90d+) NIM 13,7% 13,9% -0,2 p.p. dropped to 4,2%; ROE 31,2% 15,3% 15,8 p.p. Cost / Income 47,0% 46,7% 0,3 p.p. • Business volumes increased 27,4% and Cost of risk 1,9% 7,7% -5,8 p.p. resulted in 10,6% growth of the net loan Statement of Financial Position, RUB bn 9M17 2016 Change, % book; Total assets 274,1 237,6 15,4% • Strong capital position – statutory N1.0 Cash and cash eqv 41,8 23,1 81,0% ratio amounted to 14,7%; Loans to customers (net) 189,0 170,9 10,6% Deposits and current accounts 181,8 155,7 16,8% • Sufficient liquidity buffer – liquid assets Total equity 50,1 43,8 14,5% comprised 28,7% of the total assets as at NPL 90+ / Gross loans 4,2% 6,0% -1,8 p.p. 30 September 2017; Deposits to liabilities ratio 81,2% 80,3% 0,9 p.p. • Fitch upgraded HCFB to BB-, Stable. Total CAR 25,7% 27,1% -1,4 p.p. Source: HCFB consolidated IFRS financials 3

  4. Business highlights – Russia (1) Net profit, RUB bn Loan book (net), RUB bn Key business developments: Gross portfolio, RUB bn HCFB's share HCFB's # • HCFB rebranding ads campaign “The Bank of New Total unsecured loans 5 888 2,8% 7 Opportunities” won the creative strategy award at the IPRA GWA Eventiada Awards; POS loans 221 23,5% 1 • Successful launch of shopping card – installment card for Cash loans 4 383 2,2% 8 purchases at any store both in Russia and worldwide; Credit cards 1 284 1,3% 13 • Further development of marketplace – first online platform on the Russian market for buying goods in installments; Deposits&CA 24 762 0,7% 18 • Increased share of online component: about 1,5 million Note: Henceforth all data includes information about operations in Russia only customers regularly use our online services. 4

  5. Business highlights – Russia (2) Share of full distance cash loans volumes POS online business volumes, RUB mn Share of active customers using online services Debit cards transactions volumes, RUB bn 5

  6. Operating income structure – Russia Interest income, RUB bn Interest expense, RUB bn -7,9% -18,0% Net interest income, RUB bn & NIM, % Operating income, RUB bn 6

  7. Operating efficiency & loan portfolio quality Operating expenses, RUB bn Impairment allowance, RUB bn Cost-to-income & OPEX/average net loans Cost of risk & NPL dynamics 7

  8. Asset structure & product mix Asset structure, RUB bn Retail loan book, RUB bn Retail loan book breakdown 9M17 8

  9. Retail deposits & current accounts Debit cards balance, RUB bn Retail term deposits, RUB bn Deposits to liability ratio & loan to deposit ratio Retail deposits and current accounts have emerged as a • stable source of RUB funding accounting for 83% of total liabilities; Granular deposit base: more than 90% of funds is covered • by state-owned Deposit Insurance Agency; HCFB achieved stable debit cards balance. • 9

  10. Liquidity, funding & capital position Higher reliance on deposits lead to lower refinancing risks Strong liquidity profile 9M17 HCFB has maintained stable capital adequacy levels 10

  11. Investor Relations Contact Details http://www.homecredit.net/investors.aspx ir@homecredit.ru Bulat Zogdoev Head of Investor Relations +7 495 721 10 34 11

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