Transcript JSB ”FINANCIAL STANDARD”

presentation 2011
OVERVIEW
Established in 1990
Assets over USD 145 mln., equity over USD 21,8 mln. as of January 01, 2011
Over 1000 private and corporate customers
Independent audit according to IFRS standards since 2004
Management System complies with the ANAB and UKAS requirements of the ISO 9001:2008
Subordinated loan of USD 10 mln. from shareholders
National credit rating B+ with positive outlook issued by Expert RA rating agency
Member of national deposit insurance system (guarantees up to USD 20 000 per individual)
More than 100 members of staff
12 branches in Moscow, 8 of which are operated jointly with Express Exchange in Sheremetievo and
Domodedovo airports
LICENSES, MEMBERSHIPS AND PARTICIPATION IN
PROFESSIONAL ORGANIZATIONS
Banking License No. 1053 issued by the Central Bank of the Russian Federation
Member of State deposit insurance system
Broker, Dealer, Custodian & Asset Manager Licenses issued by the Federal Financial Markets Service
Affiliate member of Europay International
REUTERS Dealing 3000 Participant
Member of S.W.I.F.T.
Certificate of compliance with ISO 9001:2008
Member of Moscow Interbank Currency Exchange (MICEX)
Member of National Securities Market Association (NSMA)
Member of Association of Russian Banks
Member of Association of Regional Banks of Russia
MISSION AND BUSINESS PRINCIPLES
Bank’s mission: Making Life Easier
Core Business Principles:
•
To provide full and competent answer at each client’s request;
•
To provide proper service at each client’s request;
•
To remember and remind the client what and when he has to do;
•
To save as much time as possible for the client;
•
To offer the best available services and conditions;
•
To approach each client’s needs individually;
•
To provide fair and transparent pricing.
STRATEGIC GOALS FOR 2011
•
Increase of loan portfolio up to 90 mln. USD;
•
At least 20 % increase in non-interest income;
•
Opening of at least 20 more branches in Moscow region;
•
Installation of at least 200 payment terminals;
•
Increase in goodwill via proper brand management.
OWNERSHIP STRUCTURE
Shareholders owning more than 5% of share capital:
Company
% of share capital
VITALIGHT LIMITED (Cyprus)
20 %
C.M.R. TRADING LIMITED (Cyprus)
20 %
C.B.R. SERVICES LIMITED (Cyprus)
20 %
ARROWBRIDGE LIMITED (Cyprus)
20 %
DALEBRAND LIMITED (Cyprus)
20 %
CORPORATE GOVERNANCE AND MANAGEMENT STRUCTURE
Board of Directors
Internal Audit
4 Members of the Board of Directors
5 Members of the Executive Board
9 key managers of the Bank
Advisory Board
Chairman of the Management Board
Head of Clients’
Department
Head of Internal
Control Department
Financial Director
Chief Accountant
Head of Treasury,
FX/MM and Capital
Markets
Head of IT
Head of Security
Department
Internal Auditor
KEY PRODUCTS
Corporate and Private
Banking
Financial Market Products
Corporate and Private Accounts &
Deposits
FX & MM Deals in major
currencies
Loans to SME and HNWI
Foreign Exchange swaps
Overdrafts, Credit Lines and Term
Loans in RUB, Euro, USD
Settlements in all major currencies,
installation of money transfer
terminals, instant payments
Mastercard ® Credit Cards
Bank Guarantees, LCs
Exchange Control services
Cash Advance services
Brokerage and Dealing in
Russian State, Regional,
Municipal and Corporate Bonds
& Shares markets
Issuance of Promissory Notes
Interbank Loans
Future Products
Leverage loans to
investors on the stock
market
General Funds under
Bank’s Management
CORPORATE AND PRIVATE LENDING
Overdrafts, credit lines and term loans in RUB, Euro, USD for SME & HNWI
Low risk because of reliable borrowers generally being long established clients
Immaterial volume of overdue or non-performing loans
Consistent good provisioning and recovery levels
High yield
COMPETITIVE ADVANTAGES
Transparent pricing policy
Modern technology and IT
Flexible collateral policy
Wide range of products
Prompt decision-making
Convenience, versatility, flexibility
KEY FINANCIAL INDICATORS
(000’ RUR)
12, 2007
12, 2008
12, 2009
12, 2010
Total assets
2 512 950
4 313 837 3 932 449 4 322 426
Accounts with Central Bank and
other credit institutions
582 369
543 330
Loan portfolio
837 359
858 700 1 343 722 1 701 417
Fixed income securities and
shares
415 858
414 582
158 324
238 438
Current accounts
1 494 473
902 659
757 074
705 683
Total shareholders’ equity
(incl. subordinated loan)
330 475
366 965
382 796
656 462
Profit after tax
34 289
31 780
0
16 179
305 899
142 042
HOW CAN WE DO THIS EFFICIENTLY?
Clear and Open Strategy
Smooth Internal Processes
Qualified Personnel
Special Attention to Integrated Information Technologies
No Conflict of Interests with Shareholders
Quality of Services as a Primary Goal
Advantageous Tariffs and Rates
Reliability and Flexibility
127287, 2А-1, Stary Petrovsko-Razumovsky proezd, Moscow,
Russian Federation
Tel: +7 495 995-5-995 Fax: +7 495 287 9536
E-mail: [email protected]
www.finstbank.ru