Investor Presentaiton
Significant synergy potential driving value creation in banking
■ Important efficiency gains, leveraging on the combined UBB and Raiffeisenbank BG
entity & KBC expertise
Key synergy sources include:
Optimisation of branch network
Streamlining HQ functions
➤ Optimisation of real estate and procurement costs
Savings on HR expenses of combined RBBG + UBB
Trusted brands with excellent NPS scores backed by quality of innovative digital
platform
Migration to a single state-of-the-art IT platform, data centres, call centres, and
product factories
Full range of banking, asset management, leasing and insurance services to
Corporates & Retail (SME, Micro companies and Private Individuals) clients and
distribution power through combined network building on KBC group capabilities
for revenue synergies
Potential to leverage KBC Group's best practices, utilising product capabilities and
enhanced commercial acumen
Bank-insurance model, including capturing of DZI's insurance underwriting
Roll-out of KBC/UBB's Digital First Strategy to an enlarged customer base
Supported by KBC/UBB's AI & data analytics capabilities
Cross-selling opportunities
Enhanced product mix
Develop underpenetrated asset management business
KBC Group's credit and ALM expertise
Total net pre-tax
synergies of
~12m EUR in 2022,
quickly ramping up
to ~29m EUR in 2024
and remaining
above
~25m EUR from
2025-2031
15
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