Transcript Document

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Established in 1990
19 years in the Russian Financial Market
OJSC “CHELINDBANK” – the major universal bank in the Chelyabinsk region
Since 1996 – the principal member of VISA INTERNATIONAL
A professional participant of the securities market
Joint projects with EBRD
Participant No 1 of the Deposit Insurance System
Customer base – more than 17,7 thousand of legal entities and entrepreneurs, 580 thousand of individuals
The amount of issued VISA cards – 329 thousand.
Customer service network – app. 56 of structural units in the Chelyabinsk Region, a branch in Yekaterinburg,
representative office in Moscow, 135 ATMs
Activity Key Figures as of January 1st, 2010
Assets - 25,5 billion rubles
Customer loans- 13,0 billion rubles
Individual Deposits – 12,6 billion rubles
Enterprise assets - 4,8 billion rubles
Capital – 4,6 billion rubles
Ratios:
Capital adequacy ratio (N1) - 23,3% (min 10%)
Quick liquidity ratio (N2) - 52,8 % (min 15%)
Current liquidity ratio (N3) - 86,3 % (min 50%)
Long-term liquidity ratio (N4) - 56,1 % (max 120%)
Financial Statements IFRS FS – PriceWaterhouseCoopersaudit
(since 1995)
RFRS - PeterburgBankAudit
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MISSION
We are the major universal bank in the Urals Region.
We create and maintain the customer base and establish mutually beneficial relations with customers.
We feel committed to participate in spheres of activities of our customers providing them with the wide range of banking
services meeting their requirements and complying with the international banking practice and standards.
We ensure absolute fulfillment of all obligations undertaken to our partners and gaining profit to our shareholders.
We conduct our business open for customers and shareholders in strict compliance with the Russian laws based on
corporate management standards, fair competition, updated IT solutions and high professional level of the Bank executives and staff.
We reward our employees according to the contribution of each to the Bank results achieved.
We regard social demands with attention and together with local authorities aim at participating in promotion of social
projects for the benefit of the society, growth and improvement of economy of the Chelyabinsk Region.
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Licenses
CHELINDBANK has the following licenses:
• The General Banking License №485 dated 16/09/2002 issued by the Central Bank of Russia
• The License on Banking Operations with Precious Metals № 485 от 16/09/2002
• The Licenses entitling the Bank to operate as a professional participant of the securities market
• The FSS (Federal Security Service) License entitling the Bank to work with means for cryptographic protection of information
The Bank belongs to the 26 Russian credit institutions that were the first to join the Obligatory Deposit Insurance System. State
corporation “Deposit Insurance Agency” included OJSC “CHELINDBANK” into the register of participants of the Obligatory Deposit
Insurance System under No1.
Participation in associations and unions:
• Regional Banks Association “Russia”
• Russian Banks Association
• Principal member of VISA International Association (since 1996 года); has regional acquiring license of VISA International (since
2003)
• Bills Market Members Association
• Association of Industrial Enterprises and Banks of Chelyabinsk Region
• South Urals Chamber of Commerce
• SWIFT member
Participation in Exchanges:
• Member of the Urals Regional Currency exchange (г. Yekaterinburg)
• Member of Government Securities and Currency sections of Moscow Interbank Currency Exchange (Moscow)
• Member of Stock Exchange of Moscow Interbank Currency Exchange (Moscow)
• Member of Currency section of Siberian Interbank Currency Exchange (Novosibirsk)
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Branch Network
CHELINDBANK has 28 branches, 17 outlets and
10 operational cash desks on the territory of the
Chelyabinsk region and a branch in
Yekaterinburg.
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Ratings
CHELINDBANK is a major universal Russian regional bank. The main activity region of the Bank is the Chelyabinsk Region. According
to the ranking of the “Interfax-100” as for the results of Q309 CHELINDBANK is ranked as the 102nd by assets and as the 77th by
ownership capital among the major Russian banks.
Based on “RosBusinessConsulting” agency data according to the results of October 1st, 2009 among 1000 Russian universal
commercial banks CHELINDBANK holds:
•
•
•
•
51-st position by personal savings
75-th position by the volume of retail credit portfolio
79-th position by the deposit portfolio
92-nd position by the credit portfolio
According to the rating of "Expert-Urals" magazine as at October 01, 2009 CHELINDBANK is ranked as the 6th in the Urals region by
the volume of retail deposits and as 8th by consumer loan portfolio, as the 7th by assets, as the 6th by corporate loan portfolio, as the
6th by corporate customer current accounts.
Fitch Ratings, belonging to the three leading international rating agencies, assigned CHELINDBANK Long-term Issuer Default (IDR)
«В-» (B minus), Outlook “Stable”, National Long-term «ВВ+(rus)». CHELINDBANK is the first bank of the Chelyabinsk region to get
ratings according to the international scale.
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Assets, Capital, Shareholders’ capital
Shareholders’ Capital – 809 mln.rubles
Capital – 4,6 billion rubles
Dynamics of Assets, Capital and Shareholders' Capital
30 000
25 463
25 000
22 920
20 381
20 000
mln.RUR
As at January 01, 2010:
17 486
15 000
10 000
4 617
5 000
3 496
3 093
2 676
600
809
809
809
0
01.01.07.
01.01.08.
Assets, mln RUR
Capital, mln RUR
01.01.09.
01.01.10.
Shareholders' capital, mln RUR
Assets – 25,5 billion rubles
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Customer services
Services to corporate
customers
Retail Banking
Foreign exchange transactions
and services
Bank cards services
• Cash and settlement services
• Deposit operations
• Lending
• Guarantee operations
• International settlements
• Service of customers’ foreign
economic activity
• Salary projects
• Issue and discount of bills
• Collection
• Remote banking service systems:
«Client+Bank», «Telephone+Bank»,
«Client+Bank Online»
• Securities market services
• Operations with precious metals
coins and bullions
• Safe custody
• Issue and service of corporate
bank cards
• Leasing
• Deposits in rubles and foreign
currency
• Lending
• Issue and service of VISA cards
• Transfers in rubles and foreign
currrency (including Western Union,
Migom, SWIFT operations,BLIZKO)
• Foreign exchange purchase and
sale operations
• Individual payments to
organizations for rendered services
• Payments and other banking
services provided via mobile phones
to VISA card owners
• Remote banking service systems:
“Telephone+Bank”, “Client+Bank
Online”
• Operations with precious metals
coins and bullions
• Safe custody
• Securities operations
• Issue and discount of bills
• Foreign settlements in all forms
internationally accepted: transfer,
letter of credit, collection by SWIFT
• Bank guarantees and confirmation
of L/C by the first-class European
and American banks with or without
coverage
• Individual foreign currency
transfers without opening a current
foreign currency account (including
Western Union)
• Foreign exchange transactions
• Purchase and sale of foreign
currency
• Foreign exchange control
• Transactions with currency with
restricted convertibility
• Issue and servicing VISA Gold,
VISA Classic, VISA Electron,
• Acquiring in VISA system
• Issue and servicing corporate local
settlement system cards including
“Bon Appetit” cards, co-branding
cards
• Corporate cards issue and
handling
• Regular payments from card
accounts
• Loans to cardholders
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Corporate banking
CHELINDBANK renders services to corporate customers of different industries, patterns of ownership and scope of activity. The Bank
corporate customers are defense enterprises, enterprises of ferrous and non-ferrous industry, chemical industry, machinery manufacturing,
food industry, travel agencies and trading companies etc.
Our customers are:
FGUP PA «Mayak»
FGUP «RFYAC-VNIITF»
JSC «Chelyabinsk Zinc Plant»
JSC «Ufaleynickel»
JSC «Ashinsky Metallurgical Plant»
CJSC «Unichel» Footwear company
Grains and Bread Products company n.a. Grigorovich
OJSC «Chelyabvtormet»
“Pokrovsky Passage” Chain Store system
Corporate funds
Corporate loans
6 524
12 000
7 000
10 086
5 727
10 000
6 000
4 940
7 615
5 000
8 000
4 000
млн. руб.
млн. руб.
8 743
8 579
4 755
3 000
1 633
2 000
1 308
6 000
4 000
1 162
784
1 000
1 640
1 462
1 658
1 126
2 000
0
01.01.07.
01.01.08.
01.01.09.
01.01.10.
0
01.01.07.
Corporate funds
including corporate deposits
01.01.08.
Corporate loans
01.01.09.
including sole proprietors
01.01.10.
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Cooperation with the EBRD
The Bank has been dealing with small and medium business lending under the EBRD program for more than six years. As at
01.01.2010 the EBRD has provided CHELINDBANK with a 1,9 mln. USD and 260 mln. rubles loans for small business development.
The Head office and 29 branches are taking part in the program. As at January 01, 2010 CHELINDBANK has granted approximately
4,2 thousand of small and micro loans for the total amount of 1,6 billion RUR.
Since 2002 CHELINDBANK enjoys the facilities of the EBRD Trade Finance Program enabling the Bank to work with over 700
world leading finance institutions having similar agreements with the EBRD.
In September 2006, the Bank and the EBRD entered into a loan agreement for mortgage financing. According to the terms of the
Agreement the EBRD provides the Bank with the loan of 140 mln RUR for 7 years.
SME loans
1 883
2 000
1 706
1 800
1 600
1606
1 439
мmln.RUR
1 400
1 200
1 000
800
600
400
200
0
01.01.07.
01.01.08.
01.01.09.
01.01.10.
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Retail Banking
Retail service development is one of the Bank’s priorities.
The Bank offers its customers consumer loans, auto
loans, mortgage loans, lending within the frameworks of
salary projects.
The Bank offers a wide range of time deposits, that makes
possible different variants of depositing and saving individual
funds.
As at 01.0.10 total amount of granted retail credits
comprised 3,7 billion rubles. The Bank has granted
approximately 60 thousand of loans.
As at 01.01.10 total amount of attracted individual funds
comprised approximately 12,6 billion rubles.
Individual loans Dynamics
6 000
Individual funds
5 427
12 618
14 000
4 491
5 000
3 737
8 253
10 000
7 644
3 000
2 000
8 000
10 562
9 652
3 401
млн. руб.
mln RUR
4 000
10 294
12 000
7 563
5 686
6 000
4 000
1 258
1 699
1 613
01.01.07.
01.01.08.
01.01.09.
1 664
2 000
1 000
0
0
01.01.07.
01.01.08.
01.01.09.
Individual loans dynamics
01.01.10.
Individual time deposits Card account funds Total individual funds
01.01.10.
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Operations with bank cards
Number of holders of VISA cards issued by Chelindbank
As at 01.01.2010 the amount of
VISA cards holders comprised
more than 309 thousand.
In Chelyabinsk and other towns
of the Region 137 ATMs and
427 point-of-sale terminals
have been installed.
317
320
311
315
310
299
305
300
тыс. шт.
More than 1,8 thousand of
agreements
for corporate
service in the framework of
salary projects with the use of
bank cards have been signed.
309
295
290
284
285
280
275
270
265
01.01.07.
01.01.08.
01.01.09.
01.10.09.
Number of customers, thousand
01.01.10.
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CHELINDBANK Assets Structure
As at January 01, 2009
Other assets
на 1 января 2010 года
2,1%
Fixed assets
Cash & due from Central Bank
7,3%
7,2%
Cash & due from
Central Bank
7,7%
Other assets
5,3%
Due from Banks
6,8%
Fixed assets
12,2%
At 01.01.2010 Assets comprise 25 462,8 mln. RUR:
Due from Banks
12,6%
Securities
9,1%
Securities
11,1%
Customer loans
51,2%
Customer loans
67,5%
• Cash & due from Central Bank– 1 950,7 mln. RUR
• Due from Banks – 3 208,3 mln. RUR
• Securities – 2 821,8 mln. RUR
• Customer loans – 13 036,4 mln. RUR
• Fixed assets – 3 099,2 mln. RUR
• Other assets– 1 346,4 mln. RUR
CHELINDBANK Liabilities Structure
As at January 01, 2010
Loss peov isions
8,7%
As at January 01, 2009
Loss provisions
6,3%
Due to Banks
4,1%
Due to Banks
3,0%
Due to Corporate
customers
18,7%
Shareholders'
f unds
19,5%
Shareholders' equity
15,2%
Due to Corporate
customers
28,5%
Other liabilities 0,4%
Other liabilities
0,4%
Securities 0,7%
Securities
0,3%
Individual deposits
44,9%
Indiv idual deposits
49,6%
At 01.01.2010
• Due to Banks – 753,3 mln. RUR
• Due to corporate customers – 4 755,0 mln. RUR
• Individual deposits – 12 618,3 mln. RUR
• Securities – 44,7 mln. RUR
• Other liabilities – 109,4 mln. RUR
• Shareholders’ equity – 4 954,2 mln. RUR
• Loss provisions – 2 227,9 mln. RUR
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Financial results RFRS
(published reports)
Figures
2009
2008
Total assets
Cash and due from Central Bank
Due from banks
Net lending receivables
Securities owned, net
Fixed Assets, intangible and tangible
Other assets
23 370 666
2 093 981
1 310 652
13 505 242
2 799 839
3 478 536
182 416
23 092 923
1 671 733
521 024
15 369 309
2 044 698
3 162 086
368 946
Total liabilities
Amounts owed to banks
Customer funds, total
Including individual deposits
Other liabilities
18 415 372
753 264
17 458 632
12 618 331
203 476
18 139 178
948 713
16 885 656
10 294 253
304 809
Capital
4 955 294
4 953 745
Net interest and similar income
Net fees and commissions received
Provisions changes
Operational charges
Profit after taxation
1 461 231
558 520
-921 473
1 143 421
245 596
1 575 257
631 505
-528 387
1 288 333
513 845
23,3
52,8
86,3
56,1
1,05 %
6,0 %
18,6
38,2
78,3
87,1
2,48 %
15,18 %
Requirements:
N1(min 10%)
N2 (min 15%)
N3 (min 50%)
N4 (max 120%)
ROA*
ROE*
* According to calculation methods of the Bank of Russia № 1379-U