Investor Presentaiton
Growth of demand deposits with increase of ESB mkt. share
Retail deposits stable, while growth slightly more pronounced on corporate side
Retail deposits and market share
Corporate deposits and market share
13,67%
13,71%
13,79%
13,50%
12,59%
14,33%
25,7
26,1
26,36
8,52
8,84
7,32
2016
2017
1H 2018
2016
2017
1H 2018
Retail deposits - ESB (HRK bn)
Retail deposits - ESB market share (%)
In the period shown, the market is characterized by continuous deposit
base growth both on retail and corporate sides. As previously
mentioned there is a trend of deposit base transformation from term
deposits to demand deposits due to continuous drop in interest rates
ESB market share in respect to retail deposits is on a mild upward
swing, given the fact that the Croatian market of retail deposits is
growing slower than that of the corporate deposits market.
Nevertheless, in this category, ESB has also slightly outperformed the
total market
ERSTEŚ
.
•
Source: Agregated non-consolidated statistic report of credit institutions wich CNB
provides to credit institutions
Corporate deposits - ESB (HRK bn)
Corporate deposits - ESB market share (%)
The current low interest rate development could encourage clients to
direct excess funds into different types of investments (e.g.
investment funds). These trends are noticeable, but not to such an
extent that it could result in significant deposit base drop, neither in
retail nor in corporate clients segment
The total amount of corporate deposits of the banking sector were
HRK 63.08 bn in 2017, which is an increase by 8.5% y/y compared
to the year before. EBS had outperformed the market with its
corporate deposits growth reaching 16.4% in 2017, which resulted
with ESB's market share growth
Bank
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