bbva colombia · bbva colombia 2013 “working for a better future for people” the ir recognition...
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BBVA Colombia
2013
“Working for a better future for people”
The IR Recognition granted by Bolsa de Valores de Colombia S.A. (the Colombian Stock Exchange) is not a certification of the registered securities or the solvency of the issuer.
3
BBVA
Group
BBVA: A global financial group, recurrent and in
expansion
Customer Centric
Model
Leadership in
main markets
155 years experience
in banking
10
BBVA
Colombia
The IR Recognition granted by Bolsa de Valores de Colombia S.A. (the Colombian Stock Exchange) is not a certification of the registered securities or the solvency of the issuer.
For BBVA Research, the expectections are positive
The economy grew up better than expected on 2Q13
Prediction to have a good performance at the end of period
Employment: indicators are stable.
14
The confidence starts to recover based on the good expectations, especially
in the industrial system
Inflation controlled and Monetary expansion
Political enviorment: 2014 elections and legal stability (Courthouse
and legislative changes) could affect the banks results.
The largest foregin
Bank in Colombia
Presence in Colombia
since 1996
4°
Mortgages
Net Loans
Assets Transactional
Deposits
Total
Deposits
Personal Banking 3°
1
35 Bill. $ Assets
4 Mill. Clients
444 Offices
429 Branches
1.054 ATM´s
5.165 Employees
BBVA Colombia, 16 years committed with
Colombia
Lending Deposits
Equity Net Benefit
Var.
y/y %
Var.
CAGR%
High growth in activities and results on BBVA
Colombia.
17,954 18,748 20,488 21,166
24,704
13%
21%
17%
Sep.11 Dec.11 Sep.12 Dec.12 Sep.13
17,166 18,652 21,139
24,282 27,984
30%
32%
28%
Sep.11 Dec.11 Sep.12 Dec.12 Sep.13
2,426 2,564 2,722 2,857 3,027
11%
11%
12%
Sep.11 Dec.11 Sep.12 Dec.12 Sep.13
348 350 373
6%
4%
Sep.11 Sep.12 Sep.13
Thousand million
$COP
Market share - Lending (%) Market share - Deposits(%)
Strength in retail activity on individuals
… Customer´s confidence
Lending
Thousand million COP$ Sep.13 Var. 13/12
Consumption 7,384 24%
Credit Cards 1,042 13%
Mortgages 5,812 21%
Commercial 10,466 19%
Total Lending 24,704 21%
Clients Deposits
Thousand million COP$ Sep.13 Var. 13/12
Checking accounts 4,128 32%
Savings 15,961 39%
Term Deposits 7,612 21%
Others 282 22%
Total Deposits 27,984 32%
Share Aug - 13 Var. TAM (pb)
Consumption 13,11 +130
Credit cards 6,80 +5
Mortgages 18,59 +19
Commercial 6,62 -21
Total Lending 9,51 +19
Share Aug - 13 Var. TAM (pb)
Checking Accounts
9,96 +65
Savings 12,25 +67
Term Deposits 9,95 +123
Total Deposits 10,97 +92
Liabilities structure centered on the customers
resources
50.7% 50.8% 52.2% 53.5% 53.4% 53.4% 52.1% 51.5% 51.8% 52.7% 54.0% 54.0% 53.5%
15.4% 14.7% 14.9% 15.4% 15.0% 14.8% 13.8% 15.0% 14.5% 15.2% 15.2% 15.4% 15.6%
27.2% 28.0% 27.4% 26.1% 26.6% 26.7%28.2% 27.7% 27.9% 26.6% 25.3% 25.1% 25.8%
6.8% 6.5% 5.5% 5.1% 5.0% 5.2% 5.9% 5.8% 5.8% 5.6% 5.5% 5.6% 5.1%
Se
p-1
2
Oc
t-1
2
No
v-1
2
Dic
-12
En
e-1
3
Fe
b-1
3
Ma
r-1
3
Ab
r-1
3
Ma
y-1
3
Jun
-13
Jul-
13
Ag
o-1
3
Se
p-1
3
Ahorros Vista CDT´s Bonos
Dec
-12
Au
g-1
3
Jan
-13
TD Bonds CA Savings
Good situation of the Bank in relation on
the maturity of bonds.
TYPE DATE TERM NOMINAL VALUE
EXPIRATION DATE
Int. Rates of
IPC / 1
Ordinary Bonds - 2008 - 04 Aug-09 26-Aug-08 6 years 43,110 26/08/2014 IPC+ 4.58%
Ordinary Bonds - 2008 - 04 Aug-09 26-Aug-08 11 years 155,000 26/08/2019 IPC + 5.69%
Ordinary Bonds - 2009 - 29 Sept - 10 29-Sep-10 5 years 33,600 29/09/2015 IPC + 3.05%
Ordinary Bonds - 2009 - 29 Sept - 10 29-Sep-10 7 years 134,050 29/09/2017 IPC + 3.70%
Subordinated Bonds - 2011 - 19 Sep - 18 19-Sep-11 7 years 102,000 19/09/2018 IPC + 4.28%
Subordinated Bonds - 2011 - 19 Sep - 21 19-Sep-11 10 years 106,000 19/09/2021 IPC + 4.45%
Subordinated Bonds - 2011 - 19 Sep - 26 19-Sep-11 15 years 156,000 19/09/2026 IPC + 4.70%
Subordinated Bonds 2013 - 19 Feb 2013 19-Sep-11 10 years 200,000 19/02/2023 IPC + 3.60%
Subordinated Bonds 2013 - 19 Feb 2014 19-Sep-11 15 years 165,000 19/02/2028 IPC + 3.89%
Total Bonds (IPC) 1,094,760
22
Net interest income 2011 -2013 Gross Margin 2011 -2013
Net Margin
2011 -2013
884 1.070
1.202
12%
17%
Sep.11 Sep.12 Sep.13
1.221 1.454
1.608
11%
15%
Sep.11 Sep.12 Sep.13
440 495 516
4%
8%
Sep.11 Sep.12 Sep.13
Var.
y/y %
Thousand million
$COP
Var.
CAGR%
Recurrent benefit creation…
…increasing
23
Outstanding growth with the best quality ratios…
NPL ratio
2011 -2013 (%)
Coverage ratio
2011 -2013 (%)
1.31 1.21
1.37
1.85 1.95
2.05
Aug.11 Aug.12 Aug.13
BBVA
System
310.95 322.22
258.14
247.59 233.97
218.92
Aug.11 Aug.12 Aug.13
BBVA
System
11,2710 ,70
11,27
11,65
Sep.12 Sep.13
15.82
14.25
BBVA System
24
Confortable levels in Solvency, focused on
profitability
Solvency ratio
September(%)
SFC
9%
18.84 16.23
14.61 13.11 11.35
BBVA Peer 1 Sector Peer 2 Peer 3
-338
ROE BBVA vs. System Aug. 13 (%)
+57 -121 -248 -153
ROE Ex – Goodwill Peer Group Aug. 13 (%)
*New metholody
Previous
methodology
*Decreto 1771
Ratings – BBVA Colombia Outstanding…
•Increasing importance of the BBVA Colombia´s strategy
on the global BBVA Group, because the good
performance
• The viability ratings has improved, by the success
efforts of the bank, in the improvement of the assets
quality , increased profitability , reserves and capital,
which provides solidity
Fitch Moody´s
Long term FX BBB- Baa3
Short term FX F2 P3
Long term ML BBB Baa2
Short term ML F2 P3
Internationals
Calificación
Long term ML AAA
Short term ML F1+ col
Calificación
Long term ML AAA
Short term ML BRC 1+
Fitch Ratings
Colombia S.A.
BRC Investor
Services S.A.
Locals
BBVA Colombia has the highest qualification on grade investment
26
In Conclusion
Business Model based on sustained and recurrent
revenues creation.
Healthy growth, with credit quality
Subsidiary Model (Headquarter Know How.)
Broad levels in solvency, focused on
profitability
Contact us.
Investors Relation Team
E-mail: bbvacolombia-ir@bbva.com
Bogotá, Colombia.
BBVA Colombia S.A.
The IR Recognition granted by Bolsa de Valores de Colombia S.A. (the Colombian Stock Exchange) is not a certification of the registered securities or the solvency of the issuer.
BBVA Colombia
2013
“Working for a better future for people”
The IR Recognition granted by Bolsa de Valores de Colombia S.A. (the Colombian Stock Exchange) is not a certification of the registered securities or the solvency of the issuer.
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