AccessBank Investor presentation 2013-Q3

Investor Presentation 2013

General Economy Currency

Population: 9.2 Million Currency: Azerbaijani Manat (AZN)

GDP: USD 68.8 Billion

GDP per Capita (PPP): USD 13,486

GDP growth (5-year average) : 5.48 %

Inflation: 1.8%

1 USD = AZN 0.7845

Sources: Central Bank of the Republic of Azerbaijan, Data as of July 31, 2013; The Economist Intelligence Unit, Azerbaijan Country

Report ,2013

Area: 86,600 km2

Largest Cities: Baku, Ganja, Sumgayit, Mingachevir, Lenkaran

AZERBAIJAN: KEY FACTS INVESTOR PRESENTATION 2013

Ratings

Moody’s: Baa3 / Stable Fitch: BBB-/ Stable S&P: BBB- / Stable

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Sources: Central Bank of the Republic of Azerbaijan, Data as of July 31, 2013; The Economist Intelligence Unit, Azerbaijan Country

Report ,2013

0

20000

40000

60000

80000

2005 2006 2007 2008 2009 2010 2011 2012

oil sector non-oil

0

5000

10000

15000

20000

25000

2005 2006 2007 2008 2009 2010 2011 2012

GDP FOREIGN TRADE SURPLUS

CURRENCY RESERVES OIL PRODUCTION

0

20000

40000

60000

2005 2006 2007 2008 2009 2010 2011 2012

USD mln USD mln

USD mln tn mln

0

20

40

60

2005 2006 2007 2008 2009 2010 2011 2012

3

AZERBAIJAN: KEY FACTS INVESTOR PRESENTATION 2013

Universal Commercial Bank with Focus on Micro and SME Lending

Among Top 5 Banks in Azerbaijan in Business Lending

Strong shareholder structure with triple A rated IFI’s owning majority stake

Highest international credit rating of local commercial banks: ‘BB+ outlook stable’ by

Market leader in portfolio quality

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INTRODUCTION TO ACCESSBANK INVESTOR PRESENTATION 2013

Total Equity

Gross Profit

USD

40.7 million

CAR ROE ROA PaR>30 days

0.36%

Total Assets Loan Portfolio

USD

744 million

USD

922 million

USD

153 million

19% 30.2% 4.5%

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* Numbers based on management accounts

KEY FINANCIAL HIGHLIGHTS 10m 2013 INVESTOR PRESENTATION 2013

Total Equity

Gross Profit

USD

35.7 million


0.39%


USD

719million

USD

883 million

USD

149 million

19.3% 28.9% 4.2%

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* Numbers based on management accounts

KEY FINANCIAL HIGHLIGHTS 9m 2013 INVESTOR PRESENTATION 2013

Total Equity Gross Profit

USD

26 million


0.63%


USD

525 million

USD

656 million

USD

129 million

23.5% 18.6% 3.7%

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* IFRS audited

KEY FINANCIAL HIGHLIGHTS 2012 INVESTOR PRESENTATION 2013

Development of Loan Portfolio USD million Number of Loans

7

0

100

200

300

400

500

600

700

800

50,000

70,000

90,000

110,000

130,000

150,000

170,000

LOAN PORTFOLIO DEVELOPMENT INVESTOR PRESENTATION 2013

Loan Portfolio by Segment (10m 2013)

*USD million Amount Clients

Micro portfolio 329 105,384

SME portfolio 304 2,186

Retail portfolio 71.3 34,667

Mortgage loan portfolio 20 560

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LOAN PORTFOLIO BY SEGMENT INVESTOR PRESENTATION 2013

Continuous Dynamic Growth in Business Lending since 2005 USD million

9

0

100

200

300

400

500

600

700

800

900

1000

2005 2006 2007 2008 2009 2010 2011 2012 Oct-13


CONTINOUS DYNAMIC GROWTH INVESTOR PRESENTATION 2013

Asset Quality Cost/Income Ratio

ROAE Pre-tax Profit

25

33

24

36 35

0

10

20

30

40

2009 2010 2011 2012 Q3 2013

10

0.85%

1.09% 0.76%

0.64%

0.36%

0.15%

0.35%

0.55%

0.75%

0.95%

1.15%

2009 2010 2011 2012 Q3 2013

Par > 30 days

60.0%

50.9%

24.6%

18.6%

28.9%

10.0%

30.0%

50.0%

70.0%

2009 2010 2011 2012 Q3 2013

58.2% 57.4%

70.3% 72.2%

60.3%

50.0%

60.0%

70.0%

80.0%

2009 2010 2011 2012 Q3 2013

KEY FINANCIAL RATIOS INVESTOR PRESENTATION 2013

Source: Fineko Ranking, Data as of September 2013, Exchange Rate USD/AZN: 0.7844

Total Equity (USD million)

Total Assets

(USD million)

Loan Portfolio

(USD million)

1 Azerbaijan International Bank 986 8.771 6.199

2 Pasha Bank 311 874 446

3 Xalq Bank 260 1.717 1.320

4 Kapital Bank 207 1.281 991

5 Expressbank 154 326 208

6 AccessBank 149 883 719

7 Bank of Baku 147 815 665

8 UniBank 130 870 719

9 Bank Technique 86 571 367

10 Bank Respublika 75 564 338

11 Agbank 65 554 400

12 Bank of Azerbaijan 70 493 435

13 Muganbank 65 406 300

14 DemirBank 73 481 376

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TOP BANK IN AZERBAIJAN INVESTOR PRESENTATION 2013

Branches: 37

14 Branches in Baku

23 Regional Branches

Employees: 1758

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OUTREACH INVESTOR PRESENTATION 2013

Black Sea Trade and Development Bank (20% )

European Bank for Reconstruction and Development (20%)

International Finance Corporation (20%)

Kreditanstalt fuer Wiederaufbau (20%)

Access Microfinance Holding AG (16.53%)

LFS Financial Systems GmbH (3.47%)

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SHAREHOLDER STRUCTURE INVESTOR PRESENTATION 2013

Market leader in Micro lending

Maintaining leading position in SME lending

Focus on Regions

Focus on Agro lending

Expanding Mortgage lending

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STRATEGY INVESTOR PRESENTATION 2013

KfW, USD 30m Senior Loan, 5-y (July 2012)

IFC, USD 15m Senior Loan, 5-y (Dec 2012)

OPEC/OFID, USD 10m Senior Loan, 5-y (Dec 2012)

EFSE, USD 10m Senior Loan, 4-y (Nov 2012)

EBRD, USD 25m Senior Loan, 5-y (August 2012)

FMO/OeEB/Proparco, USD 60m Syndicated Loan, 4-y (June 2013)

ADB, USD 50m Senior Loan, 5-y (July 2013)

BSTDB, USD 15m Senior Loan, 3-y (June 2013)

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KEY REFINANCING TRANSACTIONS INVESTOR PRESENTATION 2013

• ADB • FMO • responsAbility • KfW • EBRD • IFC • EFSE • OPEC/OFID • DWM • Symbiotics • Proparco • OeEB • BSTDB • Deutsche Bank

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LARGEST REFINANCING PARTNERS INVESTOR PRESENTATION 2013

Frequent recognition by reputable financial publications for outstanding results and achievements

Fitch Ratings consistently reaffirms AccessBank’s ‘BB+ outlook stable’

rating – the highest in the country (reconfirmed in February 2013)

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INTERNATIONAL RECOGNITION INVESTOR PRESENTATION 2013

Farida Pirverdiyeva TEL: + 99 412 493 80 10

International Partner Relations Manager EMAIL: [email protected]

Sascha Deutsch TEL: + 99 450 255 51 89

Executive Assistant to the Management Board EMAIL: [email protected]

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CONTACT INVESTOR PRESENTATION 2013