august 2006 unicredit group in central and eastern europe
TRANSCRIPT
August 2006
UniCredit Group in Central and Eastern Europe
2
UniCredit is a Truly European Bank …
Thinking globally and operating on multi-local basis
Creating sustainable long-term value
Exploiting complementary nature of Group's best practices
Developing the best of local cultures and brands already recognized and established
Note: 2005 data1 Consolidated 2005 pro forma for UniCredit Group including HVB Group stand alone 12 months results, integration effects and other one-off costs2 Ranking as at July 2006 - Source: The Banker
Banking operations in 20 core countries
28 million customers Over 7,000 branches 134,000 employees Net profit: € 3.4 bn1
Total assets: € 782 bn Deposits and debt
certificates: € 462 bn Loans: € 427 bn Global player in asset
management: approx. € 272 bn AuM with coverage in 20 countries in 5 continents
6th European company in terms of capitalization2
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Amsterdam
HVB
UniCredit
BA-CA
Athens
Bern
Brussels
Dublin
Oslo
Geneva
London
Luxembourg
Madrid
Monaco
Oslo
Paris
San Marino
Skopje
Zurich
Bank Pekao
Bank BPH
… with an extensive geographical presence in Europe …European branch network and banking subsidiaries:
International Moscow Bank
KoçbankYapi Kredi
HVB Bank UkraineUniCredit Bank
HVB Bank RomaniaUniCredit Romania
Banca Tiriac
HVB Bank Czech RepublicŽivnostenská Banka
HVB Bank Hungary
BA-CA Ljubljana
HVB Bank SlovakiaUniBanka
HVB Bank Vilnius BranchHVB Bank LatviaHVB Bank Tallinn Branch
HVB Central Profit BankaUniCredit Zagrebačka bankaNova Banjalučka Banka
Zagrebačka banka
HVB Bank Serbia
BulbankHVB Bank BiochimHebros Bank
Koçbank Azerbaijan
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Countries where the Group operates via its own branches, representative offices, small banking subsidiaries, or investment centers (Pioneer)
Countries where the Group operates via local banks controlled or in which it has a significant equity interest
... and worldwide
Mumbai
New York
Rio de Janeiro
São Paulo
Seoul
Singapore
Shanghai
Sydney
Teheran
Tel Aviv
Tokyo
Abu Dhabi
Bahrain
Beijing
Boston
Buenos Aires
Cairo
Guangzhou
Hanoi
Hong Kong
Johannesburg
Mexico City
Miami
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The leading Bank in CEE & Austria
• The UniCredit Group is the leading bank in Central and Eastern Europe:
– with a presence throughout the region and 17 million customers
– and about 3,000 outlets in CEE
– Presence in the region since over 30 years
– Bank Austria Creditanstalt (BA-CA) is the CEE Division of the UniCredit Group, and manages the business in this region (excluding Poland’s Markets).
• BA-CA, a member of UniCredit Group, is the market leader in the Austrian banking sector:
– About 1.8 million customers in Austria
– About 18% market share in Austria, in know-how-intensive business up to 80%
– Most extensive network of around 400 banking branches in Austria
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UniCredit Group has a particularly strong competitive advantage in CEE. Its size – in terms of revenues, total assets and active branches – is more than double that of the second player
4,379(1)
22,1
42.3
48.7
86.2(1)
30.1
2,956
2,406
1,561
2,026
1,551
1,212 19.1
1,027
2,633
1,286
1,237
1,000
Revenues (Euro mn) Total Assets (Euro bn) Branches (no.)
1,928
42.7 1,668)
UniCredit Group - the undisputed leader in CEE ...
Central & Eastern Europe – Top Financial Groups
OTP = OTP Bank - Budapest RZB = Raiffeisen Zentralbank Österreich AG - ViennaSocGen = Banque Société Générale – Paris
ERSTE = Erste Bank, Vienna Intesa = Intesa Group – Milan KBC = Brussels1 CEE banks at 100% except Turkey: KFS-Yapi at 50%
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… with the by far most extensive CEE banking network
CEE Region1
€100 bn total assets
3,000 offices
64,700 employees
17mn customers
€8.9 Mrd135
€1.5 Mrd155
€529 Mio42
€27.6 Mrd642
€74Mio1
€31.1 Mrd1.290
PolandNr. 1
MacedoniaRep.Office
EstoniaNr. 6
€358 Mio1
€4.7 Mrd35
€291 Mio5
€3.4 Mrd326
LatviaNr. 10
RussiaNr. 8
UkraineNr. 13
BulgariaNr. 1
SerbiaNr. 5
€3.3 Mrd138
RomaniaNr. 3
€385 Mio2
LithuaniaNr. 8
CroatiaNr. 1
€3.4 Mrd93
Slovakia
Nr. 5
€1.9 Mrd13
€4.1 Mrd54
HungaryNr. 7
€8.4 Mrd77
Czech Rep.Nr. 4
BosniaNr. 1
SloveníaNr. 5
TurkeyNr. 5
€50 Mio
AzerbaijanNr. 9
Ranking, total assets and number of offices of UniCredit Group as of 31 December 2005
1 all countries as 100%
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Key figures of the UniCredit Group (as of 30 June 2006)
30/06/2006 31/12/2005 Change in %
Change in %
Total assets
Loans to customers
Shareholders' equity
Tier 1 ratio
Staff number (FTE)
Outlets
Operating profit (€ m)
Consolidated net income (€ m)
Return on equity after taxes
Cost / income ratio
in € bn
+2.1%
+0.8%
-1.2%
+0.4%
+0.05%
+2.1%
+32.9%
+48.3%
803.8
430.1
34.8
5.9%
134,870
7,336
5,410
3,043
17.3%
54.7%
787.0
426.6
35.2
5.5%
134,799
7,184
4,072
2,052
11.9%
60.5%* Pro forma
30/06/2006 30/06/2005*
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Key figures of Bank Austria Creditanstalt (as of 30 June 2006)
Total assets
Loans to customers
Shareholders' equity
Tier 1 ratio
Staff number (FTE)
Outlets
Operating profit (€ m)
Consolidated net income (€ m)
Return on equity after taxes
Cost / income ratio
in € bn 30/06/2006 31/12/2005 Change in %
30/06/2006 Change in %
+1.1%
+2.9%
+10.3%
-0.4%
+3.9%
+6.5%
+49.1%
+190.3%
160.6
88.9
7.6
7.9%
33,068
1,679
854
1,3161
37.1%2
57.0%
158.9
86.4
6.9
8.3%
31,792
1,570
573
453
13.7%
61.9%
30/06/2005
1Adjusted for the effect from the sale of HVB Splitska banka the figure is EUR 632 million, 39 per cent higher than for the same period of the previous year 2Adjusted of the capital gain on the sale of HVB Splitska banka, the return on equity after taxes and minority interests is 18.3 per cent.
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Awards CEE & Austria
Best FX-Housein Austria
2001-2004, 2006
Best Bank in CEE2003, 2006
Bank of the Year in Bulgaria
2003
Best Trade Finance Bank in CEE2002, 2003
Bank of the Yearin Slovakia2003-2004
Best FX-Bankin CEE
2000-2006
Best Trade FinanceBank in Austria
2002-2004
Bank of the Year in Austria2000, 2002
Best Bankin Austria2001-2003
Best ProjectFinance in CEE
2005
Best Loan Housein CEE2005
Best Debt Housein Romania
2005
Best Equity Housein Hungary
2005
Best Bank in Austria1992-2004
Bank of the Year in Poland
2005
Best Bank in Poland
2003, 2005-2006
Best Debt House in Croatia
2006
Best Investment Bank in Slovakia
2006
Bank of the Year in CEE
2000, 2002-2004
Best Custodianin CEE
2002-2004, 2006
Best Agent Bank in Croatia
2005
Best Agent Bank in Slovakia
2005
Best Agent Bank in Slovenia
2005
Best Agent Bank in Russia
2005
Best Bank in CEE
2000-2004
Best Bankin Bulgaria2005, 2006
Best Agent Bank in CEE2005
Best Agent Bankin Bulgaria
2005
Best Agent Bank in Romania
2005
Best Agent Bankin Ukraine
2005
Products & Services(of BA-CA subsidaries in CEE)
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You are importer from / exporter to CEE
CEE Network Products
Payment Transfers
Electronic Banking
Cash Pooling
Interest Pooling
Working Capital Management
Buyer‘s Credit
Purchase of Receivables
Commodity Trade Finance
Production Financing
Sales Financing
Guarantees
Documentary Business
Cross-border Leasing
Foreign Exchange Regulations
Payment Modules
Business Practices in CEE
Cash Management Consultancy („single-point-of-contact“)
LIQUIDITY MANAGEMENT FINANCING / SECURING COMPETENT CONSULTING
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You plan establishing a presence in CEE
Contacts to Lawyers and Auditors
Financial Consulting
Tax and Legal Consulting
Support during the start-up period
Cash Management Consultancy („single-point-of-contact“)
Payment Transfers and Electronic Banking
Short Term Asset Allocation
Working Capital Finance
Project Financing
Investment Financing
Guarantees
EU Promotion Programmes
CONSULTING PACKAGECURRENT ACCOUNT PACKAGE
START-UP FINANCING
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You maintain a subsidiary in CEE
CEE Network Products
Payment Transfers
Electronic Banking
Cash Pooling
Interest Pooling
Working Capital Management
Hedging Instruments
Asset Allocation
Buyer’s Credit
Purchase of Receivables
Commodity Trade Finance
Project Financing
Investment Financing
Factoring
Leasing
Corporate Finance Products
Institutional Funds
EU Financing
EU Promotion Programmes
Cash Management Consultancy (“single-point-of-contact”)
LIQUIDITY MANAGEMENT TAILOR-MADE FINANCINGASSET MANAGEMENT AND CONSULTING
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Products and Services - Overview
Cash Management (Payments, E-Banking, Cash Pooling)
Working Capital Finance
Buyer’s Credit
Purchase of Receivables
Commodity Trade Finance
Project Finance
Guarantees
Documentary Business
Investment Finance
Savings Products
Private Financing
Card Services
Electronic Banking
Domestic Payments
International Payments
Fixed Income
Equity
Money Markets
Foreign Exchange
Structured Products
Custody
CORPORATE BANKING RETAIL BANKING INTERNATIONAL MARKETS
Complementary services through subsidiaries, e.g. BA-CA Leasing, CA IB Corporate Finance, Capital Invest
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Products for Cross Border Cross SellingYour EU-25 PLUS Advantages
PAYMENTSCASH MANAGEMENT
FINANCING CONSULTING
Flash Payment
D+1 value date for cross-
border payments
MultiCash/Europakonto
single-point-of-entry /
contact for liquidity
management
Margin Pooling
interest optimisation
across countries,
currencies and banks.
EU-25 PLUS Credit
faster and easier credit
process for your CEE
subsidiaries
EU-25 PLUS Leasing
centrally and locally
competent consulting for
Equipment/Vehicle and
Real Estate Leasing
Consulting for EU
Subsidies & Grants in
European Competence
Centres
International Financing
Programmes (EIB, EBRD
BA-CA is the No.1-
Partner of EBRD)
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BA-CA Leasing
Vehicle Leasing
(cars, utility vehicles)
Equipment Leasing
(machinary, computers)
Real estate Leasing
(offices, production plants)
Structured finance packages
Construction management
Real estate product development
Vehicle stock management
Insurance services
Settlement of claims
Purchasing consultancy
Leasing with loans
CORE SERVICES ADDITIONAL SERVICES
Special expertise and business competence: knowledge of legal and economic conditions, competitive experience
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CA IB Network
Acquisition / divestitures
Business combinations,
mergers
Take-overs
Buyouts
Financial restructuring
Privatisation consulting
IPOs / SPOs
Capital increase
Private placement
Rights issue
Trading
Sales
Research
Block Trades
CORPORATE FINANCEM&A
ECM(Equity Capital Markets)
SECURITIES
Professional Corporate Finance consulting, local expertise, regional contacts, strong position with an unquestioned Sector Know-how.
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Capital Invest
Investment Funds in all asset
categories
Tailor-made Funds for Institutional
Customers
Pension Funds for Institutional and
Corporate Customers
Institutional Portfolios
Portfolio Management for Individuals
Capital-guaranteed products
Brokerage
Discretionary asset management
CORE PRODUCTSCO-OPERATION WITHASSET MANAGEMENT Co. (AMG)
Special expertise and business competence: knowledge of legal and economic conditions, competitive experience