Q3 2020 Business Update amid Covid-19
Business performance: performing loan stock & growth -
Performing loans continued to grow, supported by state guarantees
Group
AT/SB
CZ
-3.2%
-0.4%
-1.3%
•
4.8%
0.6%
3.2%
1.2%
6.6%
1.8%
6.8%
156.8
163.3
164.3
33.8
AT/EBO e
34.5
34.9
45.4
47.6
48.4
14.8
AT/OA
16.4
15.8
28.4
28.6
28.3
8.3
4.1%
RO
8.4
2.8%
8.7
13.7
8.0%
SK
14.5
14.8
1.5%
4.5
HO
3.7%
HU
4.7
4.7
-0.7%
6.3
HR
6.8
6.9
8.8%
0.8%
1.4
RS
1.7
20.0%
2.7%
1.7
0.1
Other
0.1
Not meaningful
0.1
in EUR bn
•
YOY
30/09/19
QoQ
30/06/20
30/09/20
Yoy development more pronounced in Corporates (+5.9%)
than in Retail (+2.5%); solid contribution from Savings Banks
Qoq growth dynamics slowed down both in Retail (+1.0%)
and Corporates (+0.3%)
Year-on-year segment trends:
CZ: decline solely due to CZK depreciation; currency-adjusted
solid growth of 5.1%
SK: strong development in Corporates (+14.0%), mainly in
Large Corporates; Retail up by 6.0%
HR: growth in Corporates (+13.9%) more pronounced than in
Retail (+3.1%)
RS: continuation of dynamic growth
Quarter-on-quarter segment trends:
•
AT/OA: decline mainly driven by lower short-term loans
CZ: decline solely due to CZK depreciation; currency-adjusted
relatively stable at +0.5%
HU: decline owing to HUF depreciation (-2.5%)
AT/SB: increase across most savings banks
ERSTEŚ
Group
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