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Investor Presentaiton

Growing diverse asset base, liquid investments portfolio All values in USD millions Growing asset base with a strategic allocation across asset classes ■ Well diversified and growing asset base, with a healthy return on funds. Investment portfolio of $1.2b, with a majority in liquid gov. securities. Gross credit growing at a CAGR of 11.1% between 2015 and 2020 to reach $2.12b and a further 30% in Q1 2021 to reach $2.76m. The facilities composition reflects focus on Corporate/ SME clients, who comprise ~68% of portfolio as of Q1 2021 (56% Corporate, 12% SME), with remaining majority to retail clients and mortgages. This is slightly lower than the ~76% level at the end 2020. Prudent provisioning & improving NPL ratio ☐ ☐ " Central Bank measures as well as internal controls and prudent lending strategy continue to help cushion impact of COVID-19 on the economy. Provision coverage ratio (including collaterals against such loans) remains well above 100%. Watchlist remains constantly monitored with a similar provisioning approach, and collateral coverage requirements. Overall, Bank continues a prudent credit control and collection policy. Asset Breakdown Loans Breakdown +1% +23% 8.6% 6.4% 4,749 8% 117 105 4.5% 97 6.3% 177 NPL Ratio 3,877 3,907 NPL Balance 14% 8% -6% 3,084 12% 2018 2019 2020 Q1 2021 16% 25% 2,771 -9% Other Assets +8% 25% 14% 25% 16% Coverage Ratio, % Cash & Balances 27% Investments 30% 1.57 1.40 1.33 54% 1.18 51% 57% 50% Net Loans 45% 88% 61% 75% 76% Coverage (Incl. Collaterals) Provision Coverage 2018 2019 2020 Q1 2021 Q1 2021 2018 2019 2020 Q1 2021 (Excl. Audi) (Total) 21
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