Q3 2020 Business Update amid Covid-19 slide image

Q3 2020 Business Update amid Covid-19

Capital position - Strong fully loaded CET1 ratio of 14.1% with additional cushion • 13.72 in % 0.55 0.25 0.28 0.06 14.15 0.52 0.26 0.12 0.30 FL CET1 target: 13.5% Reg. min CET1 10.2% (MDA threshold; P2G excluded) YE'19 A RWA SME A RWA Other Supporting Factor OCI Minorities inclusion FY'2019 H1'20 Profit Accrual for Dividend Change of 2019 Dividends accrual CET1 - other Q3'20 Main 1-9 20 capital/risk-weighted asset trends • RWA relief from early implementation of SME Supporting Factor in the amount of EUR 4.5bn • RWA Other: increase in credit RWA from business growth and market risk (-33bps) balanced with decreases in operational risk and other risks (+8bps) • • OCI positions worsening mainly due to decrease in foreign currency translation (-46bps) and the FV changes of debt and equity instruments (-6bps) Accrual of 2020 dividend EUR 0.32 per share in H1 20 (-12bps); as usual no accrual in Q3 20; final dividend announcement on 26 Feb 2021 CET1 cushion amounts to approx. 70bps at 30 Sept 2020 • • Combined cushion of Q3 20 interim profit and accrued but unpaid dividend for 2020: approx. 40bps Exclusion of YTD 20 minorities profit and deduction of minorities risk costs in the aggregate amount of approx. EUR 350m or 30bps ERSTEŚ Group Page 15
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