March 2020 US$ mm Permanent Innovation to become the bank of - - PowerPoint PPT Presentation
Institutional Presentation March 2020 US$ mm Permanent Innovation to become the bank of choice of the successful people, who are the leading players in the development of our country To keep ourselves committed to the success of our clients
US$ mm
Permanent Innovation to become the bank of choice of the successful people, who are the leading players in the development of our country To keep ourselves committed to the success of
✓ Integrity ✓ Professionalism ✓ Positive Attitude
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*Provisional data ** Referential exchange rate according to BCP Source: BCP
G
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Dec-19 Mar-20
% GDP
0,2
% Accumulated Inflation
2,8 0,4
% Annual Inflation
2,8 2,5
USD Exchage rate**
Gs 6.509,8 Gs 6.563,0 Banking Sector Regional Mar-20 Mar-20
% Loan growth vs Dec19
11,1 2,2
% Deposits growth vs Dec19
15,4 4,5
% NPL
3,0 2,8
% Annualized ROE
15,7 0,5
Source: MF Economía with BCP and USDA data
Key Figures Country key facts
Asunción
Contribution to GDP by Sector (2014-2019*)
Fuente: MF Economía con datos de BCP y USDA
6% 2% 9% 8% 19% 10% 8% 37% Construction Livestock Government Binationals Industry Commerce Agriculture Others
* Provisional
Surface 406.752 km2 Population (2019) 7,1 millions GDP 2019* US$ 38,6 billion US$ 5.404 per capita Worldwide Relevance as Exporter 1st exporter of organic sugar 2nd exporter of stevia 4th exporter of soybean 5th exporter of soybean oil 5th exporter of energy 7th exporter of corn 11th exporter of beef
High economy growth: ~4,1% annual during 2015-2019 Low inflation rate with a stable monetary policy Agribusiness has historically been main economic driver, with services, industrial and tertiary sectors starting to develop more intensively Lowest tax rates in South America, providing incentives to investments Tax
Corporation and Personal income: 10% VAT in 5 - 10% range 5
*Provisional data **Projections Source: MF Economía with BCP data
Fuente: MF Economía con datos de BCP y USDA
Exchange rate (Gs/US$ in average) Annual Inflation GDP Growth % * GDP per capita (US$)
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4,9% 4,0% 3,7% 4,2% 3,1% 3,9% 4,5% 3,2% 2,8%
2011 2012 2013 2014 2015 2016 2017 2018 2019 5.309 5.171 5.872 6.006 5.371 5.302 5.667 5.792 5.404 2011 2012 2013 2014 2015 2016 2017 2018 2019*
4.196 4.422 4.304 4.462 5.205 5.670 5.591 5.693 6.241
2011 2012 2013 2014 2015 2016 2017 2018 2019
4,2%
8,4% 4,9% 3,1% 4,3% 5,0% 3,4% 0,2% 4,1%
2011 2012 2013 2014 2015 2016 2017 2018 2019* 2020**
* 2015-2019 in average * Provisional 2019 Source: MF Economía with BCP and FMI data
Fuente: MF Economía con datos de BCP y USDA
Fiscal Balance / GDP Net Public Debt / GDP Fiscal Balance / GDP* in the Region Net Public Debt / GDP* in the Region
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63,3 60,0 34,9 23,5 8,3
26,3
BRA ARG COL BOL CHI PAR PER
0,1% 2,0%
2011 2012 2013 2014 2015 2016 2017 2018 2019*
0,1% 1,0% 0,7%
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
PER CHI URU COL PAR ARG BOL BRA
Source: MF Economía with USDA data
Fuente: MF Economía con datos de BCP y USDA
WHEAT SOYBEAN RICE CORN
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60 73 57 58 64 79 95 80 99 110 97 261 265 241 269 283 321 350 317 342 358 338 0,0 50,0 100,0 150,0 200,0 250,0 300,0 350,0 400,0 20 40 60 80 100 120 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Final Stock (Millions of Ton.) Production (Millions of Ton.) 132 115 123 145 215 279 352 312 341 320 298 834 849 910 899 1.027 1.058 1.128 1.015 1.080 1.122 1.111 200 400 600 800 1.000 1.200 50 100 150 200 250 300 350 400 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Final Stock (Millions of Ton.) Production (Millions of Ton.) 204 199 199 180 198 223 263 245 283 278 288 688 651 699 660 717 730 756 738 763 731 764 580 600 620 640 660 680 700 720 740 760 780 50 100 150 200 250 300 350 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Final Stock (Millions of Ton.) Production (Millions of Ton.) 97 102 112 123 128 135 150 142 163 174 177 441 452 470 476 481 482 491 477 495 499 497 410 420 430 440 450 460 470 480 490 500 510 20 40 60 80 100 120 140 160 180 200 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Final Stock (Millions of Ton.) Production (Millions of Ton.)
SOYBEAN OIL
World 56,9 World 11,8 1 China 15,2 26,8% 1 Argentina 5,7 50,7% 2 USA 11,1 19,5% 2 Brazil 1,1 9,3% 3 Argentina 8,7 15,3% 3 EU 1,0 8,0% 9 Paraguay 0,7 1,3% 5 Paraguay 0,7 6,0%
SOYBEAN MEAL
World 238,6 World 67,8 1 China 67,3 28,2% 1 Argentina 30,9 45,5% 2 USA 44,9 18,8% 2 Brazil 15,4 22,7% 3 Argentina 34,3 14,4% 3 USA 12,0 18,0% 9 Paraguay 3,0 1,3% 4 Paraguay 2,6 3,8%
Production (Million ton.) Exports (Million ton.)
SOYBEANS
World 337,7 World 149,1 1 Brazil 123,0 36,4% 1 Brazil 76,0 51,0% 2 USA 96,8 28,7% 2 USA 48,3 32,4% 3 Argentina 53,0 15,7% 3 Argentina 8,2 5,5% 5 Paraguay 10,2 3,0% 4 Paraguay 6,2 4,2%
Source: MF Economía with BCP and USDA data
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WHEAT
World 764,4 World 181,1 1 EU 154,0 20,2% 1 Russia 34,0 18,8% 2 China 133,6 17,5% 2 EU 31,0 17,1% 11 Argentina 19,0 2,5% 6 Argentina 13,0 7,2% 33 Paraguay 1,1 0,2% 17 Paraguay 0,6 0,3%
RICE
World 496,7 World 45,6 1 China 146,7 29,5% 1 India 11,8 25,9% 2 India 115,0 23,2% 2 Thailand 7,5 16,6% 11 Brazil 7,1 1,4% 9 Uruguay 0,8 1,7% 38 Paraguay 0,7 0,1% 11 Paraguay 0,7 1,5%
Source: MF Economía with BCP and USDA data
Production (Million tons) Exports (Million tons)
CORN
World 1.110,8 World 165,6 1 USA 347,8 31,3% 1 USA 45,1 27,2% 2 China 260,8 23,5% 2 Brazil 36,0 21,7% 3 Brazil 101,0 9,1% 3 Argentina 33,5 20,2% 23 Paraguay 4,4 0,4% 7 Paraguay 2,0 1,2%
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*Ton carcass weight Source: MF Economía with BCP and USDA data
Global Beef Market (Projections 2019) Main Producers Main Exporters Country Tons Share Country Tons Share World 61.604 100,00% World 11.314 100,00%
1 USA 12.381 20% 1 Brazil 2.356 20% 2 Brazil 10.225 17% 2 Australia 1.825 16% 3 EU 7.875 13% 3 India 1.600 14% 4 China 6.850 11% 4 USA 1.372 12% 5 India 4.287 7% 5 Argentina 765 7% 6 Argentina 3.120 5% 6 New Zealand 649 6% 7 Australia 2.450 4% 7 Canada 560 5% 8 Mexico 2.020 3% 8 Uruguay 470 4% 9 Pakistan 1.820 3% 9 EU 370 3% 10 Russia 1.367 2% 10 Mexico 355 3% … … … 11 Paraguay 340 3% 16 Paraguay 530 1% 12 Belarus 195 2%
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Assets March 2020 Usd 2.755,8
Strategic alliance with Rabobank
becomes largest shareholder with 40% stake
AMRO Paraguay
Bank expansion
Company’s support
for US$300mm
Strategic Turn-Around
strategic plan to expand
attention
Navigating the financial crisis
banks to successfully steer through Paraguay’s banking crisis
Bank Foundation
headquartered outside the country’s capital
1991
Assets $8,10
2000 / 05 2018 1998 2008 / 12 2013 / 17
Assets 2008: $624,63 Assets (US$ mm)
de Seguros” (Insurance Company)
(US$ 300 mm)
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Production of Direct Premiums
Motor insurance 29,96% Life insurance 30,31% Technical risks insurance 11,73% Fire insurance 9,19% Risk insurance 8,39% Others 8,23% Surety insurance 2,19%
Accumulated transactions to Dec-19
Direct Premiums(1)
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(1) 2019-2020. Accumulated to March 2020 (2) According to the latest report of Solventa to Oct-19 (3) 100% Fixed Income Total Insurers in the System = 36 Total Brokerage Houses in the System = 10
Insurance company acquired by Banco Regional on February, 2019 It has 25 years operating in the market.
Marketshare(1)
Score(2)
py A-
(Stable)
Brokerage house approved by the Extraordinary Assembly on July 31, 2018. Started to operated on January, 2019.
Stock Market
Subordinated bonds Corporate bonds Financial bonds
OTC
Term Deposits Securities Offered(3):
Marketshare
15
NGO approved by the Extraordinary Assembly
➢ Financial Education: to reduce the risk of negative financial qualification of individuals and promote the financial sustainability of companies and individuals. ➢ Agricultural and livestock research: to improve productivity and sustainability of food production. ➢ Environmental Education: to improve citizen and productive practices, which allows us to influence the protection of the environment.
"Contribute to the development of the community, beyond the strict interests that the business demands, expressing in the best way, the social, economic and environmental contribution in the communities in which it
Purpose: Strategic Objectives
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Sustainable Finance Roundtable of Paraguay
The MFS is a platform of voluntary collaboration among banks that promotes economic and sustainable development, to face the risks and take advantage of the opportunities of sustainable challenges in Paraguay. Banks of the MFS have been working to implement three Sector Guides, Animal Husbandry, Agriculture and Industrial, to manage the Social and Environmental risks . Banco Regional is one of the first drivers of this platform
UN Global Compact
The United Nations Global Compact is a network that unites more than 9,800 companies and 3,300 organizations worldwide. This initiative encourages businesses and organizations to adopt and promote sustainable and socially responsible practices. Banco Regional was accepted on August 2019, as a participant of the United Nations Global Compact Initiative in Paraguay
Rating Agency Score Trend Updated to AA+py Sensible Apr-20 FC: Ba2/Not Prime Negative Apr-20 LC:Ba2/Not prime BB Stable Jan-20
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Main topics that are addressed by the new Policy and Procedures
High Risk Third Parties Donations Hiring of employees Investments, acquisitions and joint ventures Gifts and Hospitality Sponsorship Reporting Training Record Keeping
Local regulations Recommendations from the Wolfsberg Group Recommendations from the UK Bribery Act Recommendations from the United States “Foreign Corrupt Practices Act”
Came into force in June 2019
They are in line with:
Banco Regional has been awarded the first place in “Best practices
in the category of corporate enterprises. This contest was launched by the National Secretary of Anticorruption (SENAC) with the support of the United Nations Office on Drugs and crime (UNODC). The proposal of Banco Regional was focused on the development and implementation of the new Policy and Procedures of Anticorruption.
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$2.755,84 $264,99 656 $1.974,92 14,10% 54,16% 1.792 0,05% 196,61% $0,33 0,53% 47,16%
Assets Loans
(A)
TIER II (C) Equity Deposits +
Net Profit
# Employees
ROE
Annualized
ROA NPL Coverage (E) Efficiency (D)
Real Collaterals /Total loans
Amounts in US$ mm (A) Includes Financial Sector - Does not included accrued interests (B) Deposits US$ Mn (C) Effective Equity / Risk-weighted assets and contingencies (D) Operating Expenses/ Operating Margin (E) Total NPL Coverage indicates (specific + Generic Provisions) / NPL 1.713,8
8,43% 10,85% 13,20% 14,94%
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Total number of banks financial sector = 17 Agricultural Sector = Agricultural crops+ Agribusiness; Industries= Manufacturing industries; Consumer Goods= Housing + Consumption+ Personal Services; Other Sectors= Financial intermediation + Sale, maintanance and repair of vehicles + Other economic sectors
From its origin, Banco Regional has been an ally to the economic sectors that boost the growth of our country. Market Share Loans to Market Share Loans to Market Share Loans to Market Share Loans to Market Share Loans to Market Share Market Share Market Share Loans to Market Share Loans to Market Share Loans to
Banking System Ranking (Nº) & Market Share (%) - March 2020
22,37% 17,52% 6,38% 5,66%
AGRICULTURAL SECTOR
ANIMAL HUSBANDRY
RETAIL AND WHOLESALE INDUSTRIES BUILDING OTHER SECTORS SERVICES CONSUMER GOODS
LOANS DEPOSITS
Nº2 Nº3 Nº3 Nº7 Nº6 Nº4
Nº2
Nº3
15,21%
10,97%
Ranking Position
90
7,01%
6
Ranking Position
35
Branches
7,13%
6
Total number of banks = 17 (A): Main customers with at least one valid product
21 Market Share
Branches ATM Social Media TAUSER
Market Share Market Share
Active Customers (A)
ATM
TA TAS
Customers
3% 81% 14% 2%
Large Corporate Retail SME Private Financial Instit Public Instit
100.768 9.652 6.906 followers followers followers
Ranking Position
20,08%
US$ mm (1) Includes financial sector. Does not include accrued interests (2) Does not include accrued interests
Mar-20 6.563,00 ₲ Mar-19 6.181,37 ₲ Exchange Rate
Assets Deposits(2) Loans(1) Equity
22
$2.607 $2.617 $2.926 $2.686 $2.756
13,75% 12,55% 13,69% 12,50% 12,61% Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Assets (US$mm) %Market share - Assets $1.871 $1.992 $2.140 $2.148 $1.975
15,46% 15,28% 15,21% 14,83% 13,98% Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Loans (US$mm) %Market share - Loans $1.737 $1.659 $1.806 $1.716 $1.714
12,82% 11,08% 12,11% 11,15% 10,97% Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Deposits %Market share - Deposits $252 $281 $275 $269 $265
11,99% 11,80% 11,07% 10,39% 10,04% Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Equity %Market share - Equity
Mar-20 6.563,00 ₲ Mar-19 6.181,37 ₲ Exchange Rate
Portfolio by Currency Portfolio Distribution by Sector(*)
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Loans by Segment
Total number of banks financial sector = 17 Agricultural Sector = Agricultural crops+ Agribusiness; Industries= Manufacturing industries; Consumer Goods= Housing + Consumption+ Personal Services; Other Sectors= Financial intermediation + Sale, maintanance and repair of vehicles + Other economic sectors
37,58% 22,99% 7,60% 13,20% 1,95% 8,60% 6,33%1,75%
Agricultural sector Retail and Wholesale Industry Animal husbandry Services Consumer Banking Other economic sectors Building
Mar-20
81,46% 12,14% 5,12% 0,99% 0,19% 0,09%
Mar-20
Large Corporate SMEs Retail Private Financial Inst. Public Inst. Loans LC 36,06% Loans FC 63,94%
Mar-20 6.563,00 ₲ Mar-19 6.181,37 ₲ Exchange Rate
Sight Deposits vs. Time Deposits
Deposits by currency
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Deposits by Segment
Sight Deposits 48,01% Time Deposits 51,99% Deposits LC 40,41% Deposits FC 59,59%
24,32% 13,63% 13,13% 31,55% 2,78% 14,59%
Mar-20
Large Corporate SMEs Retail Private Financial Inst. Public Inst.
Loans LC Deposits LC Loans FC Deposits FC
25
74% 12% 12% 2% 71% 13% 14% 2%
Dec-19 Mar-20
16% 15% 19% 21% 27% 16% 15% 2% 20% 21% 26%
Dec-19 Mar-20
87% 12% 87% 12% 0,2% 0,3%
Dec-19 Mar-20
27% 12% 4% 9% 39% 9% 30% 12% 3% 9% 39% 7%
Dec-19 Mar-20
Large Corporate SMEs Financial Inst. Retail Private Public Inst.
* US$ mm
Mar-20 6.563,00 ₲ Mar-19 6.181,37 ₲ Exchange Rate
Evolution TIER l Evolution TIER ll
26 257,22 287,30 286,52 220,52 237,91 13,82% 14,63% 13,64% 12,70% 13,48%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Minimum Required 8% (---)
Equity* TIER I
257,22 287,30 286,52 220,52 237,91 17,32% 17,70% 15,99% 12,11% 14,10%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Minimum Required 12% (---)
Equity* TIER II
* US$ mm
Mar-20 6.563,00 ₲ Mar-19 6.181,37 ₲ Exchange Rate
General Loan Loss Reserves as % of NPL Real Collaterals as % of total loans 27
NPL
117,16% 120,73% 146,01% 339,81% 196,61% 120,38% 127,41% 126,71% 138,24% 120,83%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
53,53% 48,79% 47,01% 45,50% 47,16%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
2,18% 2,17% 1,47% 1,52% 2,80% 2,80% 2,67% 2,38% 2,45% 3,02%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
% NPL Banco Regional % NPL (banking sector)
Efficiency ratio
50,06% 50,57% 49,46% 46,42% 46,82% 48,17% 46,31% 51,53% 55,81% 49,18% 49,01% 54,16%
Dec-16 Dec-17 Dec-18 Nov-19 Dec-19 Mar-20
Banking Sector BR
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mar.-20 298.872
100.000 150.000 200.000 250.000 300.000 350.000
Required LCR LCR
mar.-20 1.305.374
1.000.000 1.500.000 2.000.000 2.500.000
Required LCR LCR
*FDA: Financial Development Agency (AFD)
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Evolution of Liquidity - Guaraníes Evolution of Liquidity - Dollars Stucture of funding
Usd k.
LCR= Liquidity Coverage Ratio
LCR.USD ……… millions Mar-20 20 370,6 ,6
70,87% 68,80%
0,70% 3,16% 17,19% 17,22% 5,18% 4,86% 6,01% 5,96%
Mar-19 Mar-20
Local Loans (FDA*) Other Liabilities Foreign Loans Subordinated and Financial Bonds Deposits
Correspondent Banks Multilateral Organizations
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Purpose
Credit Lines Foreign loans
15% 1% 3% 1% 29% 51% Loans to agriculture and agribusiness Loans to SME's, women and energy Loans to agriculture, SME's and portfolio growth Loans to SME's Portfolio Growth Loans to SME's and women 75% 4% 14% 7%
Trade Finance Trade Finance con Europa Trade Finance y Working Capital Working Capital
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61,60% 38,40%
61,37% 38,63%
Rabobank’s ownership of Banco Regional has the following contributions:
Our strategic alliance with Rabobank implies:
1. Long-term partnership. 2. Two Board Members appointed by Rabobank. 3. Risk Manager appointed by Rabobank. 4. To appoint certain of our senior officers and to veto the appointment and/or removal of our Chief Executive Officer and Chief Comptroller. 4. Rabo International Advisory Services (RIAS) provides technical assistance. 5. On the job training and study tours to several entities of the Rabobank Group.
Ca Capit ital l St Stock Quantit ity of Votes Ra Rabobank Ra Rabobank Local Local sha shareholde lders Local Local sha shareholde lders 32
Corporate Treasurer Nelson Daniel Cibils
CEO Eugenio Oze de Morvil CFO Oscar Godoy 21 5 10
Years with Banco Regional
23 23 24
Years in the financial sector
Correspondent Banking & Foreign Trade Manager Rafaela Oleinik General Counsel Marcos Dalla Fontana Head of Internal Audit (Chief Comptroller) Juan Carlos Meza Compliance Manager Antonio Gimenez 19 24 21 21 28 20 26 22 Financial Restructuring & Recovery Manager Mats Hernegard Operational Risk and Data Quality Manager Erika Werner Large Corporate Risk Manager Jorge Sienkawiec Retail, SME and Medium Corporate Risk Manager Ricardo Nowosad 27 23 22 19 23 27 19 26 Organizational Development Manager Bettina Agüero Branches and Business Development Manager Cynthia Sotelo Corporate Banking Manager Walter Duarte Private Banking Manager Anahi Heisecke 23 3 27 16 20 23 25 27 Operational Manager Diana Lafeld 19 19 IT Manager Georgina Baumgarten 26 28
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Head of Information Security Adriana Paniagua 18 18 Risk Manager Daniel Van Det 0.2 20
Asamblea de Accionistas EXAMINERS
Deputy CEO SECRETARY Leticia Perez CEO Eugenio Oze de Morvil Management Committee EXECUTIVE CHAIRMAN Raul Vera Bogado
Branches & Business Develop ment Manager Cynthia Sotelo Chief Financial Oficer Oscar Godoy Large Corporate Risk Manager Jorge Sienkawiec Legal Service Manager Marcos Dalla Fontana Organizatio nal Develop ment Manager Bettina Agüero Internal Audit Manager Antonio Gimenez Complian ce Manager Juan C. Meza Operational Risk Manager Erica Werner Administrati ve Manager Fabio Sitzmann Private Banking Manager Anahí Heisecke Corporate Banking Manager Walter Duarte IT Manager Georgina Baumgarten Operational Manager Diana Lafeld FT & Correspon dent Manager Rafaela Oleinik
BOARD OF DIRECTORS
Treasury Manager Daniel Cibils Recoveries & Risk Models Manager Mats Hernegard Medium Corp., Retail & SME Risk Manager Ricardo Nowosad
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Audit Committee ALCO Committee Compliance Committee HR Committee Risk Committee IIT Committee Credits Committee Strategic Planning Committee
SHAREHOLDERS ASSEMBLY
Strategic Planning and PMO Risk Manager Daniel Van Det
Commercial Actions Committee
Head of Information Security Adriana Paniagua Head of Share holders Services
Audit Committee 4 Members (4 directors) Human Resources Committee 6 Members (3 directors) Compliance Committee 5 Members (3 directors) Assets and Liabilities Committee 15 Members (3 directors) IT Committee 13 Members (3 directors) Credit Committee Level II 10 Members (2 directors)
Banco Regional Committees
Risks Committee 8 Members (3 directors)
Credit Committee Level III 11 Members (3 directors) Strategic Management Committee 13 Members (3 directors)
Raúl Vera Bogado 26 Cornelis J. Beijer 30 Alfredo Raatz 20 Erik Heyl 37 Wolfgang Brönstrup 18
Years of experience Financial Sector
Lourdes Müller Tischler 2
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Roland Wolff 39 Irene Memmel de Matiauda 20 Daniel van Det 20 Francisco Yanagida 40 Adrian Lorenzutti 25 Mirian Raatz de Soley 10
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US$ mm
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Acum Acum. Mar-19 Mar-20 2020 Net Interest Income 23,87 7,20 21,52 Other Incomes 8,80 2,58 9,25 Total Operating Expenses
Earnings Before Tax 13,61 3,56 12,62 Loan Loss Provisions
Income Tax
0,00
Net Profits 6,73 0,16 0,33
Mar-20 6.563,00 ₲ Mar-19 6.181,37 ₲ Exchange Rate *Other Incomes include: Charged fees, Gains from exchange operations, Extraordinary gains, Valuation Earnings (+) and adjustmen *Total Operating Expenses: Salaries, Administrative expenses, Depreciacions, Valuation Earnings (-) and Paid fees
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Mar-19 Mar-20
NPL 1,40% 2,80% General Loan Loss Reserves as % of NPL 155,08% 196,61% Real Collaterals as % of total loans 46,37% 47,16% ROE (Annualized) 11,04% 0,53% ROA 1,06% 0,05% Efficiency ratio 51,66% 54,16% Income from services as % of HR Expenses 73,89% 72,78% TIER I 13,16% 13,48% TIER II 15,78% 14,10% Return on ordinary shares 11,97%
Return on preferred shares 12,00% 12,00% LCR US$ mm 328,59 497,77 Total Loans as % of total Deposits 119,11% 115,24%
Asset Quality Profitability & Efficiency Capìtal Shares Liquidity
NPL = Non Performing Loans LCR= Liquidity Coverage Ratio
Strategic alliance with Rabobank
T.C: 4.930 4.600 4.558 4.478 4.224 4.585 4.629 5.807 5.767 5.590 5.961 6.453
* US$ mm
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6.563,00
53,86 97,59 104,11 109,84 127,38 130,34 148,51 135,17 157,45 179,13 182,50 178,40 175,41
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Mar-20
Ordinary Capital Preferred Capital
21,72% 78,28%
34,04%
15,28 19,21 16,64 31,44 33,41 32,86 29,09 36,41 40,93 34,65 20,04
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Aditional Reserve acc. Note SB. SG. 470/2017 Legal Reserves Distribution of Ordinary Dividends in cash Distribution of Preferred Dividends in cash Capitalization of Ordinary Dividends
22,40% 14,59% 28,97% 34,04%
T.C: 4.930 4.600 4.558 4.478 4.224 4.585 4.629 5.807 5.767 5.590 5.961
* US$ mm
% Capitalization Ordinary dividends 70% 70% 100% 70% 91% 95% 93% 98% 70% 70% 70%
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