banking sector data august 2020...slide 6 uknf –commercial and specialist banking department• at...
TRANSCRIPT
Banking sector dataAugust 2020
Based on the data of the National Bank of Poland reported on:28 September 2020
Slide 2
UKNF – Commercial and Specialist Banking Department
At the end of August 2020,
there were:
• 30 commercial banks,
• 533 cooperative banks,
• 34 branches of credit
institutions.
90%
7%
3%
Polish banking sector structureAugust 2020
Commercialbanks
Cooperativebanks
Branches ofcreditinstitutions
43%
12%
44%
Ownership structure in terms of assetsAugust 2020
State
Polish private capital
Foreign capital
59
67
59
46
61
66
61
47
61
20
61
02
60
70
60
28
60
05
59
79
58
82
58
05
57
76
36
01
35
91
33
53
33
54
32
68
32
47
32
46
32
21
32
11
31
92
31
13
30
68
30
45
28
40
28
05
30
15
30
15
33
93
33
76
32
98
33
23
32
60
32
28
32
53
32
28
32
17
159 158 158 157 157 156 156 156 155 155154
152151
145
150
155
160
0
2 000
4 000
6 000
8 000
Aug 19 Sep 19 Oct 19 Nov 19 Dec 19 Jan 20 Feb 20 Mar 20 Apr 20 May 20 Jun 20 Jul 20 Aug 20
Banking net
Branch offices Other customers service facilities Agencies Thousands of employees (right axis)
Slide 3
UKNF – Commercial and Specialist Banking Department
HHI of 776 indicates a competitive market.
Over the last 2 years there has been an increase in terms of net profit concentration,
caused by a higher share of banks with a financial loss in the sector’s net profit.
48
%
48
%
50
%
51
%
50
%
55
%
70
%
67
%
81
%
83
%
76
%
86
%
661648
692 697 698
776
0
100
200
300
400
500
600
700
800
900
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Dec 16 Dec 17 Dec 18 Aug 19 Dec 19 Aug 20
Concentration rates
CR5 - assets CR5 - net profit HHI - assets (right axis)
Slide 4
UKNF – Commercial and Specialist Banking Department
• The net financial result at the end of August 2020 amounted to PLN 5.6 bn and was
lower by PLN 5.0 bn (-46.8% yoy) than the profit achieved at the end of August 2019.
• At the same time the net financial result in August 2020 was equal to PLN 1.3 bn and
was higher than the one reported in July 2020 by PLN 0.2 bn.
Banking sector: components of net profit (PLN m); August 2020
Increase Decrease Total
Slide 5
UKNF – Commercial and Specialist Banking Department
5,6
34
.2
10
,59
7.1
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
I II III IV V VI VII VIII IX X XI XII
Banking sector: net profit (PLN, m)
2020 2019 net profit for 2019
5,115.1 -10,077.9
-4,962.9
464.4
99.8
-3,133.6
263.1
-1,463.2
689.9
-1,144.6
3,597.9
-4,336.5
Net profit
Total change
Tax expense
Other
Result from provisions and write-off
Administration expenses and depreciation
Other net operating income
Net fee and commission income
Dividend income
Interest expenses
Interest income
net profit increase net profit decrease
Banking sector - impact of changes in individual items of P&L on the financial result - yoy (PLN m); August 2020
Slide 6
UKNF – Commercial and Specialist Banking Department
• At the end of August 2020, 20 banks (10 commercial and 10 cooperative banks) reported
a total loss of PLN 1.1 bn, which accounted for approx. 10.1% share in the sector’s assets*.
• Other banks in the sector* reported a total profit of PLN 6.6 bn.
*/ commercial and cooperative banks
At the end of August 2020, the share of loss-making banks
was:
• 14.1% of the entire portfolio of receivables from the
non-financial sector at commercial and cooperative
banks;
• 10.9% of the entire portfolio of the non-financial
sector deposits at commercial and cooperative banks.
0.210.1%
2.089.9%
Banks with financial loss Other banks
Sector assets* (PLN tn) in August 2020;share of banks with financial loss
Slide 7
UKNF – Commercial and Specialist Banking Department
57
.7%
57
.9%
58
.5%
60
.3%
67
.8%
66
.0%
63
.5%
57
.0%
57
.0%
57
.1%
57
.3%
57
.5%
57
.8%
13
.8%
13
.9%
14
.0%
14
.1%
14
.5%
12
.4%
12
.7%
12
.9%
14
.9%
15
.3%
16
.0%
16
.7%
17
.4%
0%
3%
6%
9%
12%
15%
18%
Au
g 1
9
Sep
19
Oct
19
No
v 1
9
De
c 1
9
Jan
20
Feb
20
Mar
20
Ap
r 2
0
May
20
Jun
20
Jul 2
0
Au
g 2
0
0%
10%
20%
30%
40%
50%
60%
C/I (right axis) R/I (left axis)
Cost to income (C/I) and provisions and write-offs to income (R/I)**
0.7
0%
0.6
9%
0.7
0%
0.6
8%
0.7
0%
0.7
2%
0.7
3%
0.6
2%
0.5
9%
0.5
6%
0.4
7%
0.4
3%
0.4
2%
6.48% 6.55% 6.62% 6.42%6.74% 6.89% 6.96%
5.96% 5.75%5.47%
4.61%4.32% 4.17%
2.62% 2.62% 2.62% 2.64% 2.63% 2.63% 2.63% 2.63% 2.60% 2.57% 2.53% 2.47% 2.42%
0%
1%
2%
3%
4%
5%
6%
7%
8%
Au
g 1
9
Sep
19
Oct
19
No
v 1
9
Dec
19
Jan
20
Feb
20
Mar
20
Ap
r 2
0
May
20
Jun
20
Jul 2
0
Au
g 2
0
0.0%
0.2%
0.4%
0.6%
0.8%
1.0%
Efficiency ratios*
ROA (right axis) ROE (left axis) NIM (left axis)
ROE change:- 2.31p.p. yoy
- 0.16p.p. mom
ROA change:- 0.28p.p. yoy - 0.01p.p.mom
R/I change:1.44p.p. yoy
2.02p.p. mom
NIM change:- 0.05p.p. yoy - 0.20p.p.mom
*/ ROA and ROE ratios: relations between the financial result achieved over the last 12 months to average assets and average capital in the same period. ROE ratio refers to the aggregate of commercial and cooperative banking sector (excluding branches of credit institutions), ROA ratio refers to the entire banking sector.NIM ratio: relations between net interest income over the last 12 months to average interest assets in the same period.
**/ C/I ratio: relations between costs (operating costs + depreciation of fixed assets and intangible assets) to income (total operating income, net); moving average of 12 months./ R/I ratio: relations between write-offs and provisions (provisions + impairment or reversal impairment) to income (total operating income, net); moving average of 12 months.
Slide 8
UKNF – Commercial and Specialist Banking Department
• Changes in the banks’ legal form were the main driver for annual changes in subsectors.
*/ commercial and cooperative banks
0%
2%
4%
6%
8%
10%
12%
14%
0
500
1,000
1,500
2,000
2,500
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 1
6
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 1
7
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 1
8
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 1
9
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 2
0
Jun
20
Au
g 2
0
Assets - PLN, bn (left axis) Equity/Assets (right axis)
Equity vs total assets, commercial and cooperative banks
Balance sheet total (PLN bn) August 2020 change mom change yoy
Banking sector 2,313.9 12.7 15.3%
Commercial banks 2,086.8 12.5 16.2%
Cooperative banks 156.9 2.6 9.2%
Branches of credit institutions 70.1 -2.4 4.1%
712.931%
1,373.959%
227.110%
Debt securitiesLoans and advancesOther assets
Balance sheet structure: assets*(PLN bn), August 2020
1,697.773%
162.37%
92.04%
136.96% 224.9
10%
DepositsBanks' own securitiesReceived loansOther liabilitiesTotal equity
Balance sheet structure: liabilities*(PLN bn), August 2020
Slide 9
UKNF – Commercial and Specialist Banking Department
21.63.9 4.0
155.5
59.5 62.6
307.1
4.9
-0.8
286.7
-2.0
2.9 15.4
Cas
h, c
ash
bal
ance
s at
cen
tral
ban
ks a
nd
oth
er d
eman
dd
ep
osi
ts
Fin
anci
al a
sset
s h
eld
fo
r tr
adin
g
Fin
anci
al a
sset
s d
esi
gnat
ed a
t fa
ir v
alu
e th
rou
gh p
rofi
t o
r lo
ss
Fin
anci
al a
sset
s at
fai
r va
lue
th
rou
gh o
ther
co
mp
reh
ensi
vein
com
e/ F
inan
cial
ass
ets
avai
lab
le f
or
sale
Fin
anci
al a
sset
s at
am
ort
ised
co
st
Oth
er
asse
ts
CH
AN
GE
OF
TOTA
L B
ALA
NC
E SH
EET
Fin
anci
al li
abili
ties
he
ld f
or
trad
ing
Fin
anci
al li
abili
ties
de
sign
ated
at
fair
val
ue
thro
ugh
pro
fit
or
loss
Fin
anci
al li
abili
ties
mea
sure
d a
t am
ort
ised
co
st
Oth
er
fin
anci
al li
abili
tie
s
Pro
visi
on
s
Tota
l eq
uit
y
Change in the period between August 2019 and August 2020 (PLN bn)
ASSETS LIABILITIESchange
15%
Portfolio structure of the balancesheet: banking sector
Slide 10
UKNF – Commercial and Specialist Banking Department
179.823.6%
469.061.5%
113.314.9%
Consumer loansHousing loansOther receivables
Gross receivables from householdsportfolio B* (PLN bn)
August 2020
• The gross volume of loans to the non-financial sector increased by PLN 2.20 bn overthe last month, with the biggest impact of loans granted to corporates (increase ofPLN +1.5 bn).
*/ at amortised cost and fair value through other comprehensive income; excluding debt securities.
74
8.2
74
3.9
74
2.0
74
5.5
74
5.3
75
1.1
75
6.1
76
4.7
76
4.0
76
0.2
76
0.7
76
0.5
76
2.0
38
9.0
38
7.4
38
8.1
39
2.1
38
3.9
38
9.6
39
0.0
40
2.4
39
9.9
39
0.7
38
4.4
37
5.6
37
6.3
1,144.7 1,146.1
0.0
200.0
400.0
600.0
800.0
1,000.0
1,200.0
1,400.0
Au
g 1
9
Sep
19
Oct
19
No
v 1
9
De
c 1
9
Jan
20
Feb
20
Mar
20
Ap
r 2
0
May
20
Jun
20
Jul 2
0
Au
g 2
0
Receivables from non-financial sector ‒ portfolio B* (PLN bn)
Households Corporates Non-financial sector
change yoy 0.12%
change yoy 1.85%
change yoy -3.28%
Slide 11
UKNF – Commercial and Specialist Banking Department
* / excluding debt securities
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
0
200
400
600
800
1,000
1,200
1,400
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 1
6
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 1
7
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 1
8
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 1
9
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 2
0
Jun
20
Au
g 2
0
Non-financial sector receivables* quality
Loans and advances (gross) PLN bn - left axis Share of impaired receivables % - right axis
Change:0.19% mom0.12% yoy
Change:0.03 p.p. mom0.25 p.p. yoy
0%
1%
2%
3%
4%
5%
6%
7%
8%
0
100
200
300
400
500
600
700
800
900
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 1
6
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 1
7
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 1
8
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 1
9
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 2
0
Jun
20
Au
g 2
0
Households receivables* quality
Loans and advances (gross) PLN bn - left axis Share of impaired receivables % - right axis
Change:0.20% mom1.85% yoy
Change:0.01 p.p. mom0.15 p.p. yoy
Slide 12
UKNF – Commercial and Specialist Banking Department
* / excluding debt securities
2,3
89
.7
4,2
51
.7
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
I II III IV V VI VII VIII IX X XI XII
Banking sector: net profit (PLN, m)
2020 2019 net profit for 2019
0%
2%
4%
6%
8%
10%
12%
14%
0
20
40
60
80
100
120
140
160
180
200
Ap
r 15
Jun
15
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 16
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 17
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 18
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 19
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 20
Consumer loans quality
Consumer loans PLN bn (left axis) Share of impaired receivables % (right axis)
Change:- 1.19% mom0.88% yoy
Change:0.33 p.p. mom0.08 p.p. yoy
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
0
100
200
300
400
500
Ap
r 15
Jun
15
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 16
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 17
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 18
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 19
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 20
Housing loans quality
Housing loans PLN bn (left axis) Share of impaired receivables % (right axis)
Change:0.01 p.p. mom- 0.07 p.p. yoy
Change:0.51% mom9.81% yoy
0%
2%
4%
6%
8%
10%
12%
14%
0
20
40
60
80
100
120
140
160
180
200
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 1
6
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 1
7
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 1
8
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 1
9
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 2
0
Jun
20
Au
g 2
0
Consumer loans quality
Consumer loans PLN bn (left axis) Share of impaired receivables % (right axis)
Change:0.38% mom- 2.58% yoy
Change:0.03 p.p. mom0.61 p.p. yoy
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
0
100
200
300
400
500
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 1
6
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 1
7
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 1
8
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 1
9
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 2
0
Jun
20
Au
g 2
0
Housing loans quality
Housing loans PLN bn (left axis) Share of impaired receivables % (right axis)
Change:0.00 p.p. mom- 0.02 p.p. yoy
Change:0.24% mom5.76% yoy
Slide 13
UKNF – Commercial and Specialist Banking Department
* / excluding debt securities
0%
2%
4%
6%
8%
10%
12%
14%
170
175
180
185
190
195
200
205
210
215
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 1
6
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 1
7
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 1
8
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 1
9
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 2
0
Jun
20
Au
g 2
0
Loans to SMEs
Loans to SMEs PLN bn (left axis) Share of impaired receivables % (right axis)
Change:0.09 p.p. mom0.59 p.p. yoy
Change:0.14% mom- 4.85% yoy
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
0
50
100
150
200
250
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 1
6
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 1
7
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 1
8
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 1
9
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 2
0
Jun
20
Au
g 2
0
Loans to large enterprises
Loans to large enterprises PLN bn (left axis) Share of impaired receivables % (right axis)
Change:0.03 p.p. mom0.61 p.p. yoy
Change:0.20% mom- 1.41% yoy
Slide 14
UKNF – Commercial and Specialist Banking Department
*/ at amortised cost and fair value through other comprehensive income; excluding debt securities.
9.8
23.5
11.7
2.4
32.4
0.1
79.9
Large Enterprises
SMEs
Individual Entrepreneurs
Farmers
Households
Non-commercial Institution
Non-financial sector total
Stage 3 receivables (PLN bn)
5.61%
11.65%
15.53%
7.28%
4.96%
1.57%
6.97%
stage F3 share
59.84%
51.08%
68.31%
46.02%
65.37%
50.78%
60.33%
loans stage F3 CovR
2.45%
3.54%
10.24%
6.07%
8.06%
4.48%
5.98%
loans stage F2 CovR
12.78%
13.85%
11.62%
5.51%
8.09%
2.59%
9.94%
stage F2 share
22.4
27.9
8.8
1.8
52.9
0.2
113.9
Large Enterprises
SMEs
Individual Entrepreneurs
Farmers
Households
Non-commercial Institution
Non-financial sector total
Stage 2 receivables (PLN bn)
174.9
201.3
75.6
32.6
653.8
7.8
1,146.1
Large Enterprises
SMEs
Individual Entrepreneurs
Farmers
Households
Non-commercial Institution
Non-financial sector total
Total (PLN bn); August 2020
81.61%
74.50%
72.84%
87.20%
86.96%
95.84%
83.09%
stage F1 share
0.51%
0.62%
1.03%
0.18%
0.41%
0.20%
0.49%
loans stage F1 CovR
Slide 15
UKNF – Commercial and Specialist Banking Department
*/ at amortised cost and fair value through other comprehensive income; excluding debt securities.
49.6
179.8
469.0
9.2
18.0
69.1
187.6
163.9
Others receivables
Consumerloans
Housing loans-households
Housing loans-developers
Commercial real estate loans
Other real estate loans
Operating loans
Investment loans
Total (PLN bn); August 2020
77.86%
79.12%
90.09%
77.39%
84.86%
77.20%
76.26%
79.41%
stage F1 share
0.40%
1.43%
0.08%
0.22%
0.56%
0.39%
0.83%
0.49%
loans stage F1 CovR
5.0
17.0
35.2
0.8
1.7
9.7
22.3
22.2
Others receivables
Consumerloans
Housing loans-households
Housing loans-developers
Commercial real estate loans
Other real estate loans
Operating loans
Investment loans
Stage 2 receivables (PLN bn)
10.06%
9.45%
7.51%
8.61%
9.23%
14.10%
11.90%
13.53%
stage F2 share
3.96%
15.00%
4.69%
2.12%
1.19%
2.87%
5.35%
4.08%
loans stage F2 CovR
6.0
20.5
11.3
1.3
1.1
6.0
22.2
11.6
Others receivables
Consumerloans
Housing loans-households
Housing loans-developers
Commercial real estate loans
Other real estate loans
Operating loans
Investment loans
Stage 3 receivables (PLN bn)
12.08%
11.43%
2.40%
14.01%
5.91%
8.71%
11.84%
7.05%
stage F3 share
70.08%
70.43%
55.73%
59.65%
29.68%
35.37%
63.72%
51.18%
loans stage F3 CovR
Slide 16
UKNF – Commercial and Specialist Banking Department
• Housing loans to households increased by PLN 1.1 bn (+0.2% mom; +5.8% yoy) whilehousing loans in PLN increased by PLN 2.0 bn (+0.6% mom; +10.7% yoy). PLN loansaccounted for 73.7% of housing loans to households in August 2020.
• Consumer loans increased by PLN 0.7 bn (+0.4% mom; -2.6% yoy), compared toa decrease of PLN 0.7 bn in July 2020.
• Operating loans to non-financial corporations increased in August 2020 by PLN 0.8 bn(+0.6% mom; -10.9% yoy), compared to a decrease of PLN 5.1 bn in July 2020.
• Investment loans to non-financial corporations increased by PLN 0.4 bn (+0.3% mom;+4.1% yoy), compared to a decrease of PLN 1.6 bn in July 2020.
• Impaired receivables (stage 3) from non-financial sector in August 2020:
increased to PLN 79.9 bn (an increase of +0.6% mom);
dominant components were operating loans (PLN 22.2 bn) and consumer loans(PLN 20.5 bn);
the structure by client was dominated by households (PLN 32.4 bn) and SMEs(PLN 23.5 bn).
*/ at amortised cost and fair value through other comprehensive income; excluding debt securities.
Slide 17
UKNF – Commercial and Specialist Banking Department
222.712.4%
174.29.7%
1,392.877.8%
Financial sector
General Government sector
Non-financial sector
Deposits and received loans:August 2020 (PLN bn)
11
6.3
11
7.8
11
1.9
11
3.8
11
1.0
11
0.4
11
2.0
11
8.5
11
7.3
11
4.4
11
2.3
11
3.5
11
2.7
10
8.3
10
6.0
10
3.5
10
4.5
10
5.4
10
8.3
11
4.3
11
5.0
13
0.2
12
3.4
11
7.3
11
0.0
10
9.9
Au
g 1
9
Sep
19
Oct
19
No
v 1
9
Dec
19
Jan
20
Feb
20
Mar
20
Ap
r 2
0
May
20
Jun
20
Jul 2
0
Au
g 2
0
Financial sector deposits and loans (PLN bn)
Non-resident Resident
• Deposits structure by sector remainsunchanged.
• Financial sector deposits and receivedloans continue to decline, in August 2020they decreased by PLN -0.9 bn (-0.4%mom; -0.9% yoy).
Slide 18
UKNF – Commercial and Specialist Banking Department
983.070.6%
379.027.2%
30.92.2%
households
enterprises
non-commercial institutions
Non-financial sector deposits:August 2020 (PLN bn)
1,199.786.1%
190.113.6%
3.00.2%
PLN other than PLN blocked deposits - all currencies
• In August 2020, the downward trend in the loans to deposits ratio stopped (-0.04 pp mom; -11.5 pp yoy), which had continued since February 2020.
• Non-financial sector deposits (with blocked deposits) in August 2020 increased by PLN 1.2 bn, to PLN 1,392.8 bn (+0.1 mom; +14.8% yoy).
• The structure of the non-financial sector deposits is dominated by households (70.6%) and deposits denominated in PLN (86.1%).
*/ loans at balance sheet value
72%
74%
76%
78%
80%
82%
84%
86%
88%
90%
92%
0
200
400
600
800
1,000
1,200
1,400
1,600
Au
g 1
9
Sep
19
Oct
19
No
v 1
9
Dec
19
Jan
20
Feb
20
Mar
20
Ap
r 2
0
May
20
Jun
20
Jul 2
0
Au
g 2
0
Deposits PLN bn (left axis) Loans PLN bn (left axis) Loans to deposits (right axis)
Deposits vs receivables* from non-financial sector (PLN bn)
Slide 19
UKNF – Commercial and Specialist Banking Department
0100200300400500600700800900
1 000
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 1
6
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 1
7
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 1
8
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 1
9
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 2
0
Jun
20
Au
g 2
0
Households deposits (PLN bn)
PLN currency
Change:- 0.40% mom9.94% yoy
Change:2.39% mom13.99% yoy
0
50
100
150
200
250
300
350
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 1
6
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 1
7
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 1
8
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 1
9
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 2
0
Jun
20
Au
g 2
0
Enterprises deposits (PLN bn)
PLN currency
Change:0.25% mom28.86% yoy
Change:1.85% mom29.47% yoy
Slide 20
UKNF – Commercial and Specialist Banking Department
18
3
18
7
19
8
20
0
20
5
20
9
20
4
20
7
20
7
21
0
21
0
21
0
22
3
Jun
17
Sep
17
Dec
17
Mar
18
Jun
18
Sep
18
Dec
18
Mar
19
Jun
19
Sep
19
Dec
19
Mar
20
Jun
20
Own funds (PLN bn)
98
9
1,0
04
1,0
43
1,0
60
1,0
84
1,0
88
1,0
69
1,0
90
1,0
95
1,1
13
1,1
02
1,1
46
1,1
18
Jun
17
Sep
17
Dec
17
Mar
18
Jun
18
Sep
18
Dec
18
Mar
19
Jun
19
Sep
19
Dec
19
Mar
20
Jun
20
Total risk exposure amount (PLN bn)
9.6
%
8.3
%
2.6
%
2.9
%
1.1
% 2.3
% 3.1
%
5.2
%
2.1
%
Jun
18
Sep
18
Dec
18
Mar
19
Jun
19
Sep
19
Dec
19
Mar
20
Jun
20
Total risk exposure amount dynamics yoy
11
.8%
11
.6%
3.0
%
3.4
%
1.0
%
0.7
%
3.3
%
1.7
%
7.8
%
Jun
18
Sep
18
Dec
18
Mar
19
Jun
19
Sep
19
Dec
19
Mar
20
Jun
20
Own funds dynamics yoy
Slide 21
UKNF – Commercial and Specialist Banking Department
• Increase in credit and operational risk
exposure amounts over the last two
quarters.
• Capital situation of the banking sector
remains stable.
9.1
%
8.9
%
2.1
%
2.7
%
0.9
%
0.3
%
2.4
%
1.1
%
7.9
%
42
.5%
43
.1%
12
.5%
10
.3%
2.4
%
4.9
% 11
.0%
6.9
%
6.9
%
Jun
18
Sep
18
Dec
18
Mar
19
Jun
19
Sep
19
Dec
19
Mar
20
Jun
20
Tier I capital and Tier II capital dynamics yoy
Tier I capital Tier II capital
11
.1%
8.9
%
2.8
%
3.2
%
1.3
%
2.5
%
3.3
%
4.9
%
1.4
%
3.4
%
3.1
%
2.4
%
2.6
%
0.2
%
0.8
%
1.4
%
9.6
% 12
.8%
-22
.0%
2.7
%
-6.2
%
-13
.3% -8
.9%
-2.1
%
-3.1
%
-3.9
%
-9.3
%
Jun
18
Sep
18
Dec
18
Mar
19
Jun
19
Sep
19
Dec
19
Mar
20
Jun
20
Risk exposure amount dynamics yoy
Credit risk Operational risk Other risks
98
2.1
81.520.0
99
5.2
81.718.2
1,0
09
.6
92.116.5
Credit risk Operational risk Other risks
Risk exposure amount (PLN bn)
Jun 18 Jun 19 Jun 20
Slide 22
UKNF – Commercial and Specialist Banking Department
• Capital adequacy ratios of the sector remain at 19.9% (TCR) and 17.9% (T1).
• Two commercial banks failed to comply with the minimum regulatory ratios as of the end
of June 2020.
18
.51
%
18
.65
%
18
.96
%
18
.86
%
18
.87
%
19
.21
%
19
.05
%
18
.96
%
18
.87
%
18
.91
%
19
.08
%
18
.34
%
19
.92
%
17
.04
%
17
.22
%
17
.21
%
17
.02
%
16
.97
%
17
.32
%
17
.13
%
16
.99
%
16
.94
%
16
.97
%
17
.02
%
16
.33
%
17
.90
%
Jun
17
Sep
17
Dec
17
Mar
18
Jun
18
Sep
18
Dec
18
Mar
19
Jun
19
Sep
19
Dec
19
Mar
20
Jun
20
Capital adequacy ratios
TCR T1 ratio
0.3
7p
p
0.5
6p
p
0.0
9p
p
0.1
0p
p
0.0
0p
p
-0
.29
pp
0.0
4p
p
-0
.63
pp
1.0
5p
p
-0.0
7p
p
0.1
0p
p
-0.0
8p
p
-0.0
3p
p
-0.0
3p
p
-0.3
4p
p
-0.1
1p
p
-0.6
6p
p
0.9
6p
p
Jun
18
Sep
18
Dec
18
Mar
19
Jun
19
Sep
19
Dec
19
Mar
20
Jun
20
Changes in capital adequacy ratios yoy (p.p.)
TCR T1 ratio
Slide 23
UKNF – Commercial and Specialist Banking Department
• At the end of August, all commercial banks fulfilled the binding requirement of LCR.
• Average LCR of commercial banks is well above the minimum requirement – at the end of
August, it was at 198%.
149% 151% 154% 157% 156% 157% 163% 164%179%
197% 203%195% 198%
0%
50%
100%
150%
200%
250%
Aug 19 Sep 19 Oct 19 Nov 19 Dec 19 Jan 20 Feb 20 Mar 20 Apr 20 May 20 Jun 20 Jul 20 Aug 20
LCR
392 385 368 382 372 391 395 418
530575 597
624 621
262 256 239 243 239 249 243 255295 291 294
320 314
0
100
200
300
400
500
600
700
Aug 19 Sep 19 Oct 19 Nov 19 Dec 19 Jan 20 Feb 20 Mar 20 Apr 20 May 20 Jun 20 Jul 20 Aug 20
Ratio of liquidity buffer to net liquidity outflow(PLN bn)
Liquidity buffer Net liquidity outflow
Slide 24
UKNF – Commercial and Specialist Banking Department
• Average Net Stable Funding Ratio level exceeds 100%. Only two commercial banks reported
a ratio lower than 100%.
• It should be noted that NSFR has not been a binding norm yet.
120% 119% 120% 120% 120% 120%123% 124% 123% 124%
125% 125%
135%
100%
110%
120%
130%
140%
Jun 17 Sep 17 Dec 17 Mar 18 Jun 18 Sep 18 Dec 18 Mar 19 Jun 19 Sep 19 Dec 19 Mar 20 Jun 20
NSFR
1 164 1 172 1 185 1 202 1 225 1 243 1 249 1 285 1 299 1 339 1 3291 389
1 507
968 984 990 1 002 1 020 1 032 1 015 1 039 1 055 1 082 1 0631 116 1 118
0
200
400
600
800
1 000
1 200
1 400
1 600
Jun 17 Sep 17 Dec 17 Mar 18 Jun 18 Sep 18 Dec 18 Mar 19 Jun 19 Sep 19 Dec 19 Mar 20 Jun 20
Ratio of Available Stable Funding to Required Stable Funding (PLN bn)
Available Stable Funding Required Stable Funding
Slide 25
UKNF – Commercial and Specialist Banking Department
40.4
286.7
44.7
Financial sector
Non-financial sector
General Government sector
Commitments to lend Guarantee commitments
Off-balance-sheet commitments: August 2020Commitments extended (PLN bn)
38.4
70.9
2.5
50.5
1.510.3
Financial sector
Non-financial sector
General Government sector
Off-balance-sheet commitments: August 2020Commitments received (PLN bn)
Guarantee commitmentsCommitments to lend
69.5
187.6
6.0
50
100
150
200
250
300
350
400
Au
g 1
9
Sep
19
Oct
19
No
v 1
9
De
c 1
9
Jan
20
Feb
20
Mar
20
Ap
r 2
0
May
20
Jun
20
Jul 2
0
Au
g 2
0
Commitments to lend Guarantee commitments
Off-balance-sheet commitments: Commitments extended(PLN bn)
50
100
150
200
250
300
Au
g 1
9
Sep
19
Oct
19
No
v 1
9
De
c 1
9
Jan
20
Feb
20
Mar
20
Ap
r 2
0
May
20
Jun
20
Jul 2
0
Au
g 2
0
Commitments to lend Guarantee commitments
Off-balance-sheet commitments: Commitments received(PLN bn)
Slide 26
UKNF – Commercial and Specialist Banking Department
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
-10%
-9%
-8%
-7%
-6%
-5%
-4%
-3%
-2%
-1%
0%
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 1
6
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 1
7
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 1
8
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 1
9
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 2
0
Jun
20
Au
g 2
0
annual change (12M) of loans volume (%) - left axis CHF loans volume (CHF bn) - right axis
Housing loans to households in CHF
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
-400
-300
-200
-100
0
100
200
300
400
Au
g 1
5
Oct
15
Dec
15
Feb
16
Ap
r 1
6
Jun
16
Au
g 1
6
Oct
16
Dec
16
Feb
17
Ap
r 1
7
Jun
17
Au
g 1
7
Oct
17
Dec
17
Feb
18
Ap
r 1
8
Jun
18
Au
g 1
8
Oct
18
Dec
18
Feb
19
Ap
r 1
9
Jun
19
Au
g 1
9
Oct
19
Dec
19
Feb
20
Ap
r 2
0
Jun
20
Au
g 2
0
annual change (12M) of loans volume (CHF bn) - left axis CHF/PLN rate (right axis)
Slide 27
UKNF – Commercial and Specialist Banking Department
410
415
420
425
430
435
440
445
450
92
94
96
98
100
102
104
106
Au
g 1
9
Sep
19
Oct
19
No
v 1
9
Dec
19
Jan
20
Feb
20
Mar
20
Ap
r 2
0
May
20
Jun
20
Jul 2
0
Au
g 2
0
Number and volume of CHF residential loans to households
number (ths)-right axis volume (PLN bn)-left axis
0%
10%
20%
30%
40%
50%
60%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
Au
g 1
5
Oct
15
De
c 1
5
Feb
16
Ap
r 1
6
Jun
16
Au
g 1
6
Oct
16
De
c 1
6
Feb
17
Ap
r 1
7
Jun
17
Au
g 1
7
Oct
17
De
c 1
7
Feb
18
Ap
r 1
8
Jun
18
Au
g 1
8
Oct
18
De
c 1
8
Feb
19
Ap
r 1
9
Jun
19
Au
g 1
9
Oct
19
De
c 1
9
Feb
20
Ap
r 2
0
Jun
20
Au
g 2
0
Quality and coverage ratio of CHF housing loans to housholds
Coverage ratio of stage 3 CHF housing loans to households – right axis
Share of stage 3 CHF housing loans in total CHF housing loans – left axis