1 / 18

FIBI

FIBI. FIRST INTERNATIONAL BANK OF ISRAEL. O verview 31. 03 .1 4. Net Profit and ROE NIS Millions. ROE. 141 NIS Millions. Average capital. 3.9%+. 6,858. 6,603. Core capital adequacy ratio Basel III. 9.73%.

jaguar
Télécharger la présentation

FIBI

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. FIBI FIRST INTERNATIONAL BANK OF ISRAEL • Overview 31.03.14

  2. Net Profit and ROE NIS Millions ROE 141 NIS Millions Average capital 3.9%+ 6,858 6,603 Core capital adequacy ratio Basel III 9.73% * Assuming core capital ratio of (9.29%), the Israeli banking industry average core capital ratio (Other 4 leading Banks) as of 31.03.14, the ROE is 7.5% in Q1.2014. ** The Net profit includes amortization of 13 NIS Millions, inflicting a 0.8% reduction in the ROE.

  3. Statements of income Q1/2014 – Q1/2013 NIS Millions

  4. Income from Financing Activities (before Tax) Q1/2014 - Q1/2013 NIS Millions

  5. Operating & Other Expenses(NIS Millions) 1-3/2014 1-3/2013 2.4% 9 17 8 4 4- 1.9% Mainly due to commissions paid in relation to capital market operations 7.5% 3.7% 8.7%- * Continued budgetary restraint trend - significant decrease (2.6%) in operating expenses in comparison to Q1/11 * Including amortization of 13 NIS Millions in Q1/14.

  6. Consolidated Operational Efficiency Ratio Total Operating Expenses to Total Income Total Operating Expenses / Total Income (Before Expenses for credit losses) % Total Income Total Operating Expenses Total Operating Expenses / Total Income (After Expenses for credit losses) % 75.0%

  7. FIBI Strategic Assets & Liabilities Structure NIS Billions 31.3.14 31.12.13 FIBI StrategicAssets & Liabilitiescomposite (*) 31.3.14(NIS Billions) Public Deposits 91.1 Credit to the Public 67.9 Capital Adequacy Basel III 14.78% 14.48% Core Capital Adequacy Basel III 10.11% 9.73% Deposits to Credit Ratio 129.7% 134.2% 38.4% 40.0% Liquid Assets to Deposits Ratio State of Israel Bonds 6.9 Bank of Israel Deposits 24.8 Gov. & Bank Bonds 2.1 Corporate Bonds(foreign & Israel currency) 0.7 Structures, Hedge funds &Stocks 0.7 Capital Notes 5.6 Market risk in VAR(0.03) CapitalAvailableforInvestment 4.9 (*) illustration – not to scale

  8. An increase in total balance sheet NIS Billions 5.1% 4.1% 1.3%

  9. Statement Of Changes in Equity Q1/2014NIS Millions Core capital ratio (Basel III, 31/3/14) was 9.73%, compared to -10.11% (31.12.13) following dividend distribution. The Highest dividend yield in the Israeli banking system Dividend yield of 3.5% in 2013, 4% in 2014 and 7.51% for the past 12 months

  10. Credit to the Public by segmentsNIS Millions (19%) (23%) (33%) (25%) () – 31.3.13

  11. Expenses for Credit Losses to Credit to thePublic Ratio Provisions for Credit losses 2007-I/2014 * *In Q1/2013 the Bank has implemented a one time regulatory provision on its mortgage portfolio in order to set the expenses for credit losses ratio to 0.35% of the mortgage credit balance (24 NIS million). Excluding this one time provision, the group’s ratio in 2013 was 0.11%.

  12. Breakdown of credit for problematicdebts 31.3.14NIS Millions The highest rate in the Israeli banking system

  13. Deposits from the Public breakdown by segments NIS Millions (13%) (33%) (26%) (28%) () – 31.3.13

  14. Continued growth in client assets portfolio (deposits and securities) average balancesNIS Millions

  15. Core Capital Ratio 31.3.14 Basel III * ** Minimal Regulatory Requirement For HAPOALIM&LEUMI * 14.30% Minimal Regulatory requirement 14.57% 13.42% 13.42% Basel II** * * Gap -0.56 0.59- % * -1.3 ** -0.71 * -1.3 ** % % Note: The core capital ratio in banks is according to Basel III.

  16. Subsidiaries net profit

  17. Highlights for the first quarter of 2014 Substantial Macro & Accounting effect Income from interest & inflation • The Interest income were influenced by the decline in bank of Israel interest rate in the period (0.83%) and the effect of the negative CPI on the CPI-linked positions • Expense for Fair Value of derivatives for the quarter compared to Income last period (timing differences) led to a decrease in financial income by approximately 21 NIS Million. Fair Value of derivatives FAS 91 • Increased financial income by approximately 21 NIS Million with a corresponding reduction of approximately 25 NIS million in income from commission, led to a decrease in profit of about 2 NIS million. Continued growth in activity Continued investment growth • Continued growth in client assets portfolio (deposits and securities) of 40 NIS billion (14%) Innovation in capital markets • New product and services launch (i.e. the investment radar, Duchifat trading platform, etc.) Growth in the other operating income • An increase of 9.4% in income from commissions (excluding the impact of FAS 91), related to growth in client activity (especially in capital markets) Subsidiaries • Continuing development of corporate clients through the Small Business Fund • Focus in growth segments

  18. Highlights for the first quarter of 2014 High financial stability Core Capital Ratio • The highest in the Israeli banking system (also under Basel III)- 9.73% Deposits to credit ratio • Deposits to credit ratio – 134.2% Decrease in provisions for credit losses • Decrease in provisions for credit losses - 0.06% (0.14% on 2013). credit portfolio quality and diversification • Ratio of credit loss allowance to total impaired credit is the highest in the system - 79.5% NPL (excluding mortgages) Moderate increase in operating expenses Moderate increase in operating expenses • Operating expenses growth rate of only 2.4% in comparison to Q1/13 • Mainly resulted by an increase in salaries and in capital markets related commissions consistent budgetary restraint • Continued budgetary restraint trend - significant decrease (2.6%) in operating expenses in comparison to Q1/11 The Highest dividend yield in the Israeli banking system • Dividend of 230 NIS million in the first quarter of 2014 • Dividend yield Dividend yield of 3.5% in 2013, 4% in 2014 and 7.51% for the past 12 months

More Related