Investor Presentaiton
Positive trends in economy affect loan activity
Total assets
Loans vs. deposits, L/D ratio
56,1
2016
57,2
2017
58,3
1H 2018
83%
80%
81%
44,8
42,0
43,8
34,9
35,1
36,2
2016
2017
1H 2018
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Total assets (HRK bn)
In 2017 total assets increased by 1.9% y/y, compared to the previous
year. The largest contributor to this assets growth in 2017 was the
increase of highly liquid assets of HRK 1bn. The excess liquidity is
directed towards cash and deposits, which increased by 11.9% y/y and
securities that grew by 8.1% y/y compared to 2016, while in the same
period loans to financial institutions decreased by 15.4% y/y)
In 2018 growth is based on loan activity - more details on slide 12
ERSTEŚ
•
•
Loans to customers (HRK bn)
Deposits from customers (HRK bn)*
L/D ratio (%)
*Bank deposits included
Loans to customers increased by 0.4% y/y in 2017 based on the
increase of loans to corporate and retail segments. The increase in
these segments more than compensated significant repayments of
loans to the public sector
Deposits in 2017 grew by 4.3% y/y compared to 2016. with main
contributors being retail and corporate segments. The trend of growth
in the volume of demand deposits vs. the decrease in the volume of
term deposits is notable
Loan growth is backed by appropriate growth of deposit base thereby
maintaining L/D ratio at adequate level
Source: audited non-consolidated financial reports for 2016 and 2017 and non-audited
non-consolidated financial reports for 1H 2018 (GFI-KI)
Bank
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