Investor Presentaiton
Interbank has solid risk management capabilities
Good asset quality despite focus on retail business
PDL Ratio
Cost of risk reflects loan mix, resulting in high coverage ratio
Coverage ratio and cost of risk evolution
Interbank coverage ratio (1)
3.0%
167.9%
193.9%
179.8%
167.2%
2.8%
2.5%
2.5%
2.9%
System: 152.6%
2.6%
2.5%
2.3%
3.1%
2014
2.7%
3.0%
2.2%
2.3%
2.1%
2.1%
2.0%
2015
Interbank
2016
System
2017
2014
2015
Interbank cost of risk (2)
2016
System cost of risk
2017
(2)
Balanced asset quality among businesses
Commercial loans PDL ratio
BBVA
SME and Microfinance loans PDL ratio
Consumer loans PDL ratio (3)
Credit cards PDL ratio
3.1%
Scotiabank
8.8%
BCP
3.0%
Interbank
Scotiabank
3.0%
BCP
8.0%
Scotiabank
2.7%
BCP
2.8%
BBVA
5.6%
BCP
4.8%
7.8%
Interbank
2.3%
Scotiabank
4.7%
Interbank
1.8%
Interbank
4.1%
BBVA
2.2%
BBVA
2.0%
System:
2.9%
System:
7.4%
System:
2.6%
System:
5.1%
Source: SBS as of December 2017.
Note: Under Peruvian SBS GAAP.
(1) Allowance for loan losses as a percentage of past-due loans.
(2) Cost of risk is calculated as provision expense divided by average loans.
(3) Consumer loans excluding credit card loans.
Intercorp Financial Services
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