2. All information for the investors is available on the Bank’s web site: https://www.bspb.ru/en/investors/
Contact information:
E-mail: ir@bspb.ru
Phone: +7 812 332 78 36
2

3.  Healthy loan book growth 9% YTD
 incl. retail loans growth 40% YTD
 Strong Revenues RUB 8.2 bn 16% y-o-y
 F&C income 18% growth y-o-y
 Costs flat
 ROAE close to target
3

4. In RUB bn
Jan. 1, 2013
Jul. 1, 2013
YTD
Jul. 1, 2012
Apr. 1, 2013
Jul. 1, 2013
q-o-q
y-o-y
Total assets
351.37
374.25
+6.51%
340.59
348.86
374.25
+7.28%
+9.88%
Gross Loans
246.50
269.18
+9.20%
244.06
256.09
269.18
+5.11%
+10.29%
Customer Deposits*
228.04
248.61
+9.02%
226.86
236.14
248.61
+5.28%
+9.58%
Total Capital
48.89
51.62
+5.59%
46.67
50.86
51.62
+1.50% +10.60%
1H 2012
1H 2013
2Q 2012
1Q 2013
2Q 2013
q-o-q
y-o-y
Net Interest Income
5.96
6.15
+3.15%
3.04
2.99
3.16
+5.84%
+4.07%
Net Fee and
Commission Income
1.04
1.23
+18.36%
0.55
0.59
0.63
+6.22%
+14.04%
Revenues
7.08
8.22
+16.09%
3.45
4.13
4.08
-1.25%
+18.47%
Net Income
0.24
2.00
+743.95%
0.11
1.08
0.92
-14.51% +709.35%
1H 2012
1H 2013
2Q 2012
1Q 2013
2Q 2013
Net Interest Margin
3.84%
3.79%
-0.05 PP
3.82%
3.71%
3.74%
+0.03 PP -0.08 PP
Cost/Income Ratio
48.16%
42.00%
-6.16 PP
49.92%
39.86%
44.18%
+4.32 PP -5.74 PP
ROAE
1.20%
9.89%
+8.69 PP
1.15%
10.75%
8.97%
-1.78 PP +7.82 PP
q-o-q
* Customer deposits are calculated as a sum of customer accounts and promissory notes (other debt securities in issue)
y-o-y
4

5. * Provisions for FY 2012 reduced by the gain from disposal of investment property
5

6. 3409
3803
3451
• Upward trend in Net interest income despite
pressure on margin
• Trading income contributes to strong revenues
• Provisions continue to go down
*Property tax is excluded from other administrative and operating expenses and included in expenses related to premises and equipment.
6

7. * Provisions for 3Q 2012 reduced by the gain from disposal of investment property
7

8. • NIM flat
• Healthy trading income in a weak market
• 5% costs growth y-o-y
*Property tax is excluded from other administrative and operating expenses and included in expenses related to premises and equipment.
8

9. Average interest rate
Average balance
Contribution to NIM change:
Contribution to NIM change:
Loans and advances to customers
+15 bp
Corresponded accounts with other banks
+4 bp
Amounts receivable under reverse repo
+2 bp
Loans and advances to customers
+19 bp
Due to banks
-14 bp
Due to banks
-3 bp
Retail term deposits
+2 bp
Retail term deposits
-14 bp
Corporate term deposits
-6 bp
Corporate term deposits
-2 bp
Other debt securities in issue
-2 bp
Other borrowed funds
+3 bp
Total
-3 bp
Total
+7 bp
Other factors: -1 bp
9

10. • Loans/Deposits Ratio close to targeted 100%
* Average assets: loans, due from banks, securities portfolio, correspondent accounts
** Average liabilities: due to banks, customer accounts including current accounts, debt securities in issue
10

11. 

Top-3 Internet-Bank in Russia (Internet Banking Rank 2013
by Markswebb Rank & Report)

Retail loans 86% growth y-o-y, 19% growth q-o-q*

Large customer base: over 1.2 million retail customers as of
July 1, 2013

Internet-Bank – 205,200 users

The number of cards totalled to 771,290

582 ATMs

BSPB ranked 3d among all banks and 1st among
the privately-owned banks in St. Petersburg mortgage
lending market

* Retail loans include mortgages, car and consumer loans
The most efficient bank in retail (Renaissance Credit Index)
17% share in new mortgage lending during 1H 2013
11

12. • Loan portfolio growth in 1H 2013:
Before provisions: +9.2% compared with January 1, 2013
After provisions: +9.6% compared with January 1, 2013
• As at July 1, 2013:
Corporate overdue loans – 5.1% (5.3% as at January 1, 2013)
Retail overdue loans – 3.4% (3.7% as at January 1, 2013)
• RUB 0.9 bn of the loan portfolio written off in 1H 2013
Note: Provision charge calculation: net result on recognition/early redemption of loans granted at non-market rates
Provisions for 3Q 2012 reduced by the gain from disposal of investment property
Overdue loans and impaired not past due loans include the whole principle of loan at least one day overdue or impaired
12

13. Trading shares
0.04%
Due from banks 0.5%
Amounts under
reverse repo 2.8%
Fixed and other assets
6.1%
Other 0.7%
Capital markets
7.2%
Cash 10.1%
Shareholders’
equity
11.1%
Securities portfolio
15.3%
Due to banks
14.7%
Trading bonds
30.2%
Corporate shares 0.04%
RF Eurobonds1.4%
Corporate Eurobonds 5.9%
Corporate bonds 77.6%
Trading bonds pledged
under sale and
repurchase agreements
69.8%
Municipal bonds 9.8%
Customer accounts
(individuals)
31.3%
Federal loan bonds (OFZ)
5.3%
Loans and advances
to customers
65.1%
• Conservative approach to risk:
85%+ of the debt securities belong to the CBR Lombard list
Customer accounts
(corporates)
35.1%
• Average duration is 1.7 years
• No exposure to Cyprus and other problem European assets
* Trading securities portfolio includes trading securities and trading securities pledged under sale and repurchase agreements
13

14. •
276.8
338.1
354.5
388.3
•
•
Additional ordinary shares issue successfully
completed in September 2013
No major changes in shareholders structure
Dividend payment (RUB 867 mln) affected Tier 1 ratio
and total CAR
218.6
14

15. Additional ordinary shares issue
Additional ordinary shares issue successfully completed in September 2013:
• The offer price RUB 41
• Total size of offering 73.6 mln shares
• Bank raised RUB 3.02 bn
• +80 bp contribution to Tier 1 ratio
All major shareholders (top-management, EBRD, East Capital, etc.) exercised their preemptive rights.
Expected Shareholders equity structure (after conversion of type A prefs and new ordinary shares issue)
15

16. 16