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Abanka Group

Abanka's capital adequacy ratio fell 7.17% to 24.6% in 2017

By Helgi Library - September 22, 2018

Abanka Group's capital adequacy ratio reached 24.6% at the end of 2017, down from 26.5% compared to the previous year. Histor...

Abanka's capital adequacy ratio fell 7.17% to 24.6% in 2017

By Helgi Library - September 22, 2018

Abanka Group's capital adequacy ratio reached 24.6% at the end of 2017, down from 26.5% compared to the previous year. Histor...

Abanka's payment cards rose 3.20% to 456 '000 in 2017

By Helgi Library - September 21, 2018

Abanka Group has issued total of 456 '000 payment cards at the end of 2017, up 3.20% compared to the previous year. Sl...

Profit Statement 2015 2016 2017
Net Interest Income EUR mil 77.1 78.7 73.7
Net Fee Income EUR mil 41.9 38.9 40.6
Other Income EUR mil 35.8 11.6 5.90
Total Revenues EUR mil 155 129 120
Staff Cost EUR mil 41.8 40.8 39.4
Operating Profit EUR mil 58.5 50.1 44.1
Provisions EUR mil 8.98 -30.2 -2.79
Net Profit EUR mil 41.7 77.5 41.6
Balance Sheet 2015 2016 2017
Interbank Loans EUR mil 97.2 65.5 60.7
Customer Loans EUR mil 1,850 1,806 1,967
Total Assets EUR mil 3,830 3,615 3,654
Shareholders' Equity EUR mil 550 617 580
Interbank Borrowing EUR mil 279 109 113
Customer Deposits EUR mil 2,845 2,775 2,856
Issued Debt Securities EUR mil 61.9 21.0 13.0
Ratios 2015 2016 2017
ROE % 7.93 13.3 6.95
ROA % 1.02 2.08 1.14
Costs (As % Of Assets) % 2.36 2.12 2.10
Costs (As % Of Income) % 62.2 61.2 63.4
Capital Adequacy Ratio % 23.0 26.5 24.6
Net Interest Margin % 1.89 2.11 2.03
Loans (As % Of Deposits) % 65.0 65.1 68.9
NPLs (As % Of Loans) % 15.6 15.2 11.7
Provisions (As % Of NPLs) % 90.7 79.3 84.8
Growth Rates 2015 2016 2017
Total Revenue Growth % 11.9 -16.5 -6.90
Operating Cost Growth % -29.4 -17.9 -3.63
Operating Profit Growth % 2,700 -14.4 -12.1
Net Profit Growth % -120 85.8 -46.3
Customer Loan Growth % -5.54 -2.37 8.91
Total Asset Growth % -11.2 -5.62 1.09
Customer Deposit Growth % -7.81 -2.46 2.91
Shareholders' Equity Growth % 9.65 12.1 -5.92
Employees 1,248 1,147 1,047

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summary Unit 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                        
Net Interest Income EUR mil ...                         79.7 71.1 54.1 94.9 77.1    
Total Revenues EUR mil ...                         113 102 206 138 155    
Operating Profit EUR mil ...                         52.3 40.5 133 2.09 58.5    
Net Profit EUR mil ...                         -110 -81.1 -307 -209 41.7    
balance sheet                                        
Interbank Loans EUR mil ...                         288 82.0 195 112 97.2    
Customer Loans EUR mil ...                         3,333 2,926 1,810 1,959 1,850    
Debt Securities EUR mil ...                         395 280 523 1,766 1,469    
Total Assets EUR mil ...                         4,258 3,614 3,048 4,314 3,830    
Shareholders' Equity EUR mil ...                         231 166 212 502 550    
Interbank Borrowing EUR mil ...                         888 1,019 834 445 279    
Customer Deposits EUR mil ...                         2,412 2,130 1,886 3,086 2,845    
Issued Debt Securities EUR mil ...                         655 130 70.6 157 61.9    
ratios                                        
ROE % ...                         -37.3 -40.8 -162 -58.6 7.93    
ROA % ...                         -2.48 -2.06 -9.20 -5.68 1.02    
Costs (As % Of Assets) % ...                         1.36 1.57 2.18 3.70 2.36    
Costs (As % Of Income) % ...                         53.6 60.5 35.3 98.5 62.2    
Capital Adequacy Ratio %                           9.90 9.53 9.47 19.0 23.0    
Net Interest Margin % ...                         1.80 1.81 1.62 2.58 1.89    
Interest Income (As % Of Revenues) % ...                         70.9 69.5 26.3 68.6 49.8    
Fee Income (As % Of Revenues) % ...                         27.9 29.1 14.1 30.3 27.1    
Staff Cost (As % Of Total Cost) % ...                         54.6 52.3 42.6 31.5 43.5    
Equity (As % Of Assets) % ...                         5.43 4.58 6.96 11.6 14.4    
Loans (As % Of Deposits) % ...                         138 137 96.0 63.5 65.0    
Loans (As % Assets) % ...                         78.3 81.0 59.4 45.4 48.3    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ... ...       15.8 22.5 46.1 18.0 15.6    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ... ...       57.8 54.5 62.2 73.5 90.7    
valuation                                        
Book Value Per Share Growth % ... ...                       -6.75 -10.8 -23.9 75.5 -18.8    
income statement Unit 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                        
Interest Income EUR mil ...                         200 178 127 171 112    
Interest Cost EUR mil ...                         120 107 73.0 76.4 34.8    
Net Interest Income EUR mil ...                         79.7 71.1 54.1 94.9 77.1    
Net Fee Income EUR mil ...                         31.4 29.8 29.1 41.9 41.9    
Other Income EUR mil ...                         1.35 1.47 123 1.50 35.8    
Total Revenues EUR mil ...                         113 102 206 138 155    
Staff Cost EUR mil ...                         32.9 32.4 31.0 43.0 41.8    
Depreciation EUR mil ...                         5.71 5.94 5.77 8.94 10.0    
Other Cost EUR mil ...                         21.7 23.6 35.9 84.3 44.4    
Operating Cost EUR mil ...                         60.3 61.9 72.7 136 96.2    
Operating Profit EUR mil ...                         52.3 40.5 133 2.09 58.5    
Provisions EUR mil ...                         180 129 411 218 8.98    
Extra and Other Cost EUR mil ...                         10.7 -3.34 0.222 -1.27 0.557    
Pre-Tax Profit EUR mil ...                         -139 -85.6 -278 -215 49.0    
Tax EUR mil ...                         -28.9 -3.56 28.6 -5.73 7.26    
Minorities EUR mil ...                         -0.011 -0.002 0.021 0.008 0    
Net Profit EUR mil ...                         -110 -81.1 -307 -209 41.7    
growth rates                                        
Net Interest Income Growth % ... ...                       -6.75 -10.8 -23.9 75.5 -18.8    
Net Fee Income Growth % ... ...                       1.75 -5.26 -2.26 43.9 -0.048    
Total Revenue Growth % ... ...                       -6.18 -9.05 101 -32.8 11.9    
Operating Cost Growth % ... ...                       0.975 2.66 17.4 87.5 -29.4    
Operating Profit Growth % ... ...                       -13.3 -22.6 229 -98.4 2,700    
Pre-Tax Profit Growth % ... ...                       -3,722 -38.2 225 -22.7 -123    
Net Profit Growth % ... ...                       -3,763 -26.1 278 -31.8 -120    
market share                                        
Market Share in Revenues % ...                         7.78 6.54 18.9 11.2 13.4    
Market Share in Net Profit % ... ... ... ...                 ... ... ... ... ... 36.3    
Market Share in Employees %                           7.43 7.65 7.85 12.3 11.9    
Market Share in Bank Cards % ... ... ... ... ... ... ...   ...         7.28 7.64 8.05 8.63 13.1    
Market Share in Branches % ...                         5.68 5.90 6.67 6.76 10.4    
balance sheet Unit 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
balance sheet                                        
Cash EUR mil ...                         126 215 289 343 281    
Interbank Loans EUR mil ...                         288 82.0 195 112 97.2    
Customer Loans EUR mil ...                         3,333 2,926 1,810 1,959 1,850    
Retail Loans EUR mil ...                         573 572 556 560 550    
Mortgage Loans EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 487 498    
Consumer Loans EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 72.7 51.3    
Corporate Loans EUR mil ...                         2,760 2,354 1,254 1,399 1,301    
Debt Securities EUR mil ...                         395 280 523 1,766 1,469    
Fixed Assets EUR mil ...                         59.0 58.8 55.2 58.4 52.6    
Total Assets EUR mil ...                         4,258 3,614 3,048 4,314 3,830    
Shareholders' Equity EUR mil ...                         231 166 212 502 550    
Of Which Minority Interest EUR mil ...                         0.010 0.008 0.029 0 0    
Liabilities EUR mil ...                         4,027 3,448 2,836 3,812 3,280    
Interbank Borrowing EUR mil ...                         888 1,019 834 445 279    
Customer Deposits EUR mil ...                         2,412 2,130 1,886 3,086 2,845    
Retail Deposits EUR mil ...                         1,210 1,186 1,101 1,825 1,835    
Corporate Deposits EUR mil ...                         1,202 943 785 1,261 1,010    
Sight Deposits EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 1,671 1,225 ...    
Term Deposits EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 215 1,861 ...    
Issued Debt Securities EUR mil ...                         655 130 70.6 157 61.9    
Other Liabilities EUR mil ...                         71.9 169 45.2 125 94.4    
asset quality                                        
Non-Performing Loans EUR mil ... ... ... ... ... ... ... ... ... ...       579 752 1,171 407 336    
Gross Loans EUR mil ...                         3,668 3,335 2,538 2,258 2,155    
Total Provisions EUR mil ...                         334 410 728 300 305    
growth rates                                        
Customer Loan Growth % ... ...                       -2.86 -12.2 -38.1 8.24 -5.54    
Retail Loan Growth % ... ...                       4.72 -0.238 -2.87 0.703 -1.80    
Mortgage Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 2.32    
Consumer Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... -29.4    
Corporate Loan Growth % ... ...                       -4.30 -14.7 -46.7 11.6 -7.03    
Total Asset Growth % ... ...                       -7.15 -15.1 -15.7 41.5 -11.2    
Shareholders' Equity Growth % ... ...                       -35.2 -28.4 28.1 137 9.65    
Customer Deposit Growth % ... ...                       7.11 -11.7 -11.4 63.6 -7.81    
Retail Deposit Growth % ... ...                       6.75 -1.97 -7.18 65.7 0.568    
Corporate Deposit Growth % ... ...                       7.46 -21.5 -16.8 60.7 -19.9    
market share                                        
Market Share in Customer Loans % ...                         10.1 9.45 7.44 9.09 9.13    
Market Share in Corporate Loans % ...                         15.1 14.3 10.9 15.2 15.9    
Market Share in Retail Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 2.44 1.77    
Market Share in Consumer Loans % ...                         6.33 6.47 6.56 6.60 6.52    
Market Share in Mortgage Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 9.10 9.02    
Market Share in Total Assets % ... ... ... ...                   8.65 7.84 7.56 6.70 10.2    
Market Share in Customer Deposits % ...                         9.81 8.93 8.36 12.6 11.3    
Market Share in Retail Deposits % ...                         8.14 8.00 7.67 7.70 11.8    
Market Share in Corporate Deposits % ... ... ... ... ... ... ... ... ... ...       29.8 25.7 18.7 27.0 21.7    
ratios Unit 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
ratios                                        
ROE % ...                         -37.3 -40.8 -162 -58.6 7.93    
ROA % ...                         -2.48 -2.06 -9.20 -5.68 1.02    
Costs (As % Of Assets) % ...                         1.36 1.57 2.18 3.70 2.36    
Costs (As % Of Income) % ...                         53.6 60.5 35.3 98.5 62.2    
Capital Adequacy Ratio %                           9.90 9.53 9.47 19.0 23.0    
Tier 1 Ratio %                           7.59 6.21 9.30 19.0 23.0    
Net Interest Margin % ...                         1.80 1.81 1.62 2.58 1.89    
Interest Spread % ... ...                       1.61 1.66 1.49 2.36 1.77    
Asset Yield % ...                         4.52 4.52 3.82 4.65 2.75    
Cost Of Liabilities % ... ...                       2.91 2.86 2.32 2.30 0.980    
Interest Income (As % Of Revenues) % ...                         70.9 69.5 26.3 68.6 49.8    
Fee Income (As % Of Revenues) % ...                         27.9 29.1 14.1 30.3 27.1    
Other Income (As % Of Revenues) % ...                         1.20 1.44 59.6 1.09 23.1    
Cost Per Employee USD per month ...                         4,345 3,939 3,891 3,519 3,202    
Cost Per Employee (Local Currency) EUR per month ...                         3,125 3,068 2,931 2,730 2,793    
Staff Cost (As % Of Total Cost) % ...                         54.6 52.3 42.6 31.5 43.5    
Equity (As % Of Assets) % ...                         5.43 4.58 6.96 11.6 14.4    
Loans (As % Of Deposits) % ...                         138 137 96.0 63.5 65.0    
Loans (As % Assets) % ...                         78.3 81.0 59.4 45.4 48.3    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ... ...       15.8 22.5 46.1 18.0 15.6    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ... ...       57.8 54.5 62.2 73.5 90.7    
Provisions (As % Of Loans) % ...                         10.0 14.0 40.2 15.3 16.5    
Cost of Provisions (As % Of Loans) % ...                         5.32 4.14 17.4 11.6 0.471    
other data Unit 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
other data                                        
Branches ...                         39.0 41.0 42.0 40.0 61.0    
Employees                           878 880 881 1,312 1,248    
ATMs ... ...   ...                   269 277 274 263 332    
Clients mil ... ... ... ... ... ... ... ...           0.009 0.007 0.008 ... ... ... ...
Payment Cards '000 ... ... ... ... ... ... ...   ...         239 252 263 272 440    
Sight (As % Of Customer Deposits) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 88.6 39.7 ...    

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Abanka's retail deposits rose 2.90% to EUR 1,982 mil in 2017

By Helgi Library - September 21, 2018

Abanka Group's retail deposits reached EUR 1,982 mil in 2017, up 2.90% compared to the previous year. Slovenian banking sector accepted retail deposits of EUR 17.5 bil in 2017, up 5.65% when compared to the last year. Abanka Group accounted for 11.3% of a...

Abanka's payment cards rose 3.20% to 456 '000 in 2017

By Helgi Library - September 21, 2018

Abanka Group has issued total of 456 '000 payment cards at the end of 2017, up 3.20% compared to the previous year. Slovenian banking sector banking sector issued total of 3,385 thous. of bank cards in 2017, up 1.35% when compared to the last year...

Abanka's retail deposits rose 2.90% to EUR 1,982 mil in 2017

By Helgi Library - September 21, 2018

Abanka Group's retail deposits reached EUR 1,982 mil in 2017, up 2.90% compared to the previous year. Slovenian banking sector accepted retail deposits of EUR 17.5 bil in 2017, up 5.65% when compared to the last year. Abanka Group accounted for 11.3% of a...

Abanka's customer deposits rose 2.91% to EUR 2,856 mil in 2017

By Helgi Library - September 21, 2018

Abanka Group's customer deposits reached EUR 2,856 mil in 2017, up 2.91% compared to the previous year. Slovenian banking sector accepted customer deposits of EUR 27.5 bil in 2017, up 5.34% when compared to the last year. Abanka Group accounted for 10.4% ...

Abanka's customer deposits rose 2.91% to EUR 2,856 mil in 2017

By Helgi Library - September 21, 2018

Abanka Group's customer deposits reached EUR 2,856 mil in 2017, up 2.91% compared to the previous year. Slovenian banking sector accepted customer deposits of EUR 27.5 bil in 2017, up 5.34% when compared to the last year. Abanka Group accounted for 10.4% ...

Abanka's branches fell 3.45% to 56.0 in 2017

By Helgi Library - September 22, 2018

Abanka Group employed 1,047 persons in 2017, down 8.72% compared to the previous year. Historically, the bank's workforce hit an all time high of 1,312 persons in 2014 and an all time low of 639 in 2000. The bank operated a network of 56.0 branches and 288...

Abanka's branches fell 3.45% to 56.0 in 2017

By Helgi Library - September 22, 2018

Abanka Group employed 1,047 persons in 2017, down 8.72% compared to the previous year. Historically, the bank's workforce hit an all time high of 1,312 persons in 2014 and an all time low of 639 in 2000. The bank operated a network of 56.0 branches and 288...

Abanka's net profit fell 46.3% to EUR 41.6 mil in 2017

By Helgi Library - September 22, 2018

Abanka Group made a net profit of EUR 41.6 mil in 2017, down 46.3% compared to the previous year. This implies a return on equity of 6.95%. Historically, the bank’s net profit reached an all time high of EUR 77.5 mil in 2016 and an all time low of EUR -307 ...

Abanka's net profit fell 46.3% to EUR 41.6 mil in 2017

By Helgi Library - September 22, 2018

Abanka Group made a net profit of EUR 41.6 mil in 2017, down 46.3% compared to the previous year. This implies a return on equity of 6.95%. Historically, the bank’s net profit reached an all time high of EUR 77.5 mil in 2016 and an all time low of EUR -307 ...

Abanka's npls (as % of loans) fell 23.2% to 11.7% in 2017

By Helgi Library - September 22, 2018

Abanka Group's non-performing loans reached 11.7% of total loans at the end of 2017, down from 15.2% compared to the previous year. Historically, the NPL ratio hit an all time high of 46.1% in 2013 and an all time low of 2.13% in 2008. Provision coverage am...

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Abanka Vipa is a Slovenia-based universal bank. The Bank with its subsidiaries is the third largest Slovenian banking and financial groups holding around 8% of the market. The Bank offers a wide range of banking and other financial services to commercial and private banking clients. Its products include loans, current and saving accounts, and deposits amongst others. In addition to providing mainstream banking products, the Group undertakes insurance activities, stock brokerage, investment in mutual funds, leasing services, real estate investment management and financial advice, amongst others. Abanka operates through a network of 42 branches across Slovenia. Abanka Vipa d.d. was founded in 1955 and is headquartered in Ljubljana, Slovenia

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Finance

Abanka Group has been growing its revenues and asset by 1.17% and 0.383% a year on average in the last 10 years. Its loans and deposits have grown by -2.38% and 5.17% a year during that time and loans to deposits ratio reached 68.9% at the end of 2017. The company achieved an average return on equity of -25.8% in the last decade with net profit growing 1.23% a year on average. In terms of operating efficiency, its cost to income ratio reached 63.4% in 2017, compared to 58.5% average in the last decade.

Equity represented 15.9% of total assets or 29.5% of loans at the end of 2017. Abanka Group's non-performing loans were 11.7% of total loans while provisions covered some 84.8% of NPLs at the end of 2017.