bank bph presentation 2qs2007 results 3.08 · financial results for 2qs 2007 page 3 2qs07 2qs07/...

Financial Results for 2Qs 2007

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Warsaw, 3 August 2007


� Executive summary

� Financial results

� Appendices� Macroeconomic situation� Bank BPH business development� Detailed financials


2Qs07

2Qs07/ 2Qs06

Pre-tax profit 1,104 � 44% Net profit 857 � 41% ROE – pre-tax 33.3% � 9.8 pp. ROE – net 25.9% � 7.2 pp. C/I 43.7% � 3.0 pp. Total net revenue* 1,865 � 7% Net F&C 702 � 6% Costs (incl. depreciation) -822 � 2% Loans** 38,214 � 12% Deposits*** 41,889 � 5% Assets 60,781 � 6%

��

* NII + Net F&C + trading result; ** Net loans and advances to customers; *** Amounts owed to customers

IFRS consolidated data in PLNm

� Core revenue recovery with costs

under control: C/I ratio benchmark

enhanced

� Pure business development behind

strongest quarterly results


!"�#$#%!&�'��!��!��(�� )��

„The latest figures for Bank BPH make for good reading, with both pre-tax and net profits for the first quarter of 2007 up 63% – continuing a strong five-year run during which pre-tax profits rose by 277% and net profits by 400%. The bank’s cost-income ratio has also been slashed to 45.7%, down from 48.5% a year earlier.

The equity award that goes to Bank BPH is based simply on the fact that the bank is not a big player in trading terms but does boasts the added-value element that it produces what is widely regarded as the highest quality and most comprehensive research product available on the Polish market.”

*�� !+�� ,�

Best Bank: Bank BPHBest Equity House: Bank BPH


1,82,0

2,8

0,8

0,3

1,60,7

0

1

2

3

2001 2002 2003 2004 2005 2006 2Qs07

ROAA***

43,7

46,7

54,5

63,8

63,1 62,6

49,5

42

52

62

2001 2002 2003 2004 2005 2006 2Qs07

C/I****25,9

16,7

19,4

6,3

13,77,2

2,7

33,3

21,025,0

4,7

11,717,6

4,9

0

18

36

2001 2002 2003 2004 2005 2006 2Qs07

ROAE*GROAE**

-� (��! ��.�,�� /0 1

*/ net profit to average equity;**/ pre-tax profit to average equity; ***/ net profit to average assets; ****/ C/I = general administrative expenses / (total net revenue + other operating result); *****/ NII / total average assets

Acc. to IFRS in % 2Qs07 2Qs06

CAR 12.22 12.02

Loans/ Deposits 91.2 85.4

Loans/ Assets 62.9 52.9

Margin***** 3.66 3.47

Net profit/ FTE (‘000) 181 123

IFRS

IFRS

PAS

PASIFRS

PAS

ROAE, GROAE C/I

ROAA

2Qs06 ROAE–18.7GROAE–23.5

2Qs06–46.7

2Qs06–2.0

Data regarding Net profit/FTE for 2Qs06 & 2Qs07 annualized


%��,��2�+�,��

434

601

973

1294

1634

254363

759

1027

1268

2002 2003 2004 2005 2006

Profit before tax

Net profit

PLNm

+33%

+35%

404

512

324

394

2nd quarter 2006 2nd quarter 2007

Profit before tax

Net profit

PLNm

+22%

+27%

+62%

+109%

Pre-tax +277%, Net +400%

+43%

+38%

+23%

+26%

Consolidated data


1738 1865

41 1472

0

950

1 900

2Qs06 Net interestincome

Net F&C Trading result 2Qs07

61,4% 61,1%

37,6%38,0%

1,3%0,6%

0%

50%

100%

2Qs06 2Qs07

Trading result

Net F&C

Net interestincome

��3��4 ��5��6

Total net revenue

PLN 127m (or 7%) increase of net revenue thanks to:

� 6.7% rise of net interest income on higher loan and deposit volumes and deposit margin enhancement

� 6.2% bettered net fees from i.a. mutual funds’ sales expansion, new structured deposits in Retail, structured finance and CRE deals in Corporate

+7.3%

Net F&C coverage (%) 2Qs07 2Qs06

- of general costs 85 82

- of remuneration costs 162 164

Consolidated data

PLNm


-3-13-230

822

810

0

420

840

2Qs06 Personnel Buildingmaintenance &

rents

Depreciation Other 2Qs07

-137 -127

-140

-70

0

2Qs06 2Qs07

'��3��4 ��5��6

Costs (incl. depreciation) Impairment charges

+1.5%

Impairment charges slightly lower but consistent with a prudent risk

policy

� Staff related expenses (up by 7.4%) resulting from retention

scheme contributed to total costs increase

2Qs072Qs06

PLNm

Consolidated data


*��3��4 ��5��6

Assets

� 5.6% YoY drop in assets caused mainly by 71.1% lower dues from banks, despite loan growth by 12.2% and other financial assets by 17.7%

� Share of PLN denominated loans up to 62.1%

4 39213 026

2 806

3 822 4 5703 434 11 172

8 65714 500 4 1972 525

2 909

38 21435 594

34 054

0

32 500

65 000

2Qs06 2006 2Qs07

net loans*

trading assets

dues from banks

other financialassetsothers

Loans

24,8%

12,4%

62,1%

0,0%0,7%

29,9%

54,2%

1,0%

12,0%

3,0%0%

30%

60%

PLN CHF EUR USD others

2Qs07 2Qs06

13% 16%

41% 40%

44%46%

0%

50%

100%

2Qs06 2Qs07

corporate (incl. CRE)private individualsSE

* Net loans and advances to customers; Bank BPH only: +12.5%

PLNm

64,75762,39560,781

-5.6%

Consolidated data


3 318

8 745 8 7993 4255 761

4 361 3 7486 8616 105 6 388

5 315 3 816

41 88941 53439 869

0

32 500

65 000

2Qs06 2006 2Qs07

deposits*

dues to banks

evidenced bycertificatesshareholders'equityothers

7��3��4 ��5��6

Liabilities Deposits

82,8%

11,9% 5,1%0,2%

0,2%

80,7%

0,0%

12,6%6,5%

0%

43%

86%

PLN CHF EUR USD others

2Qs07

2Qs06

12% 12%

44%

40% 44%

48%

0%

50%

100%

2Qs06 2Qs07

CorporatePrivate individualsSE

� 60.8% drop in liabilities evidenced by certificates following the repayment of EUR 1.5bn eurobonds

� 5.1% YoY increase in deposits (i.e. PLN 2bn)� Equity lower by 10.7% q/q due to dividend payout (PLN 1.04bn in May ‘07)

� Overwhelming share of PLN denominated deposits - 82.8%

* Amounts owed to customers; Bank BPH only: +4.8%

PLNm

Consolidated data


93,7% 94,7% 94,8% 95,3%

6,3% 5,3% 4,7%5,2%

0%

50%

100%

30.06.06 31.12.06 31.03.07 30.06.07

Impairedloans

Regularloans

Consolidated loan book*

�� 7��,��

� In Q2 2007, share of consolidated impaired loans in total portfolio continued to decrease (by 0.5 pp.), with a 3.1% increase in total loans

* Including loans eligible for discounting presented in note 9 to „2Q07 Bank BPH Group Financial Report”; nominal amount Consolidated data


��8��9�'��

Retail71%

Other 1%

INM9%Corporate

19%

Pre-tax profit (PLN 1,104m)**

Consolidated data

2Qs07 PLNm

Retail (%)

Corporate (%)

INM* (%)

Others (%)

Assets 60,781 34 27 31 7

Liabilities 60,781 41 34 14 11

Total net revenue 1,865 70 24 7 -1

Costs (incl. depreciation) 822 74 24 4 -1

Impairment charges 127 61 39 0 0

* International Markets (INM) excluding results on sales of treasury and custody products as generated by INM Division and presented entirely in the results of Corporate and Retail segments. If we separate INM Sales&Custody contribution to Retail and Corporate the structure of Pre-tax profit would be as follows: Retail 67%, INM contribution to Retail 4%, Corporate 12%, INM contribution to Corporate 7%, INM (excl. Sales&Custody included in Retail/Corporate) 9%, Others 1%.** Gain from CU stake sale (PLN 178m) presented within Retail Area


7,4

5,8

6,66,3

6,05,5

4,44,04,8

6,06,9

2,4 3,2

4,3

0,0

3,0

6,0

9,0

1Q04

2Q04

3Q04

4Q04

1Q05

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

1Q07

2Q07

7,6

14,519,3

29,6

19,7

19,3

10,16,43,91,2

8,65,34,94,8

0

6

12

18

24

30

36

1Q04

2Q04

3Q04

4Q04

1Q05

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

1Q07

2Q07

3�� :8, :�� 3��'��

GDP (%, YoY) Investments (%, YoY)

Contribution to GDP growth

5,44,8

5,65,1

6,9 6,1

2,52,5

5,1

1,61,4

5,3

2,7

4,4

0,5

2,75

5

7,25

1Q04

2Q04

3Q04

4Q04

1Q05

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

1Q07

2Q07

Private consumption (%, YoY)

All figures reported as quarter average (unless stated otherwise)

� In 2Q’07 GDP growth will be lower compared to record high observed in 1Q’07 (base effect)

� …with domestic demand still driving economic expansion

� GDP growth in 2007 to reach 6.5%-4

-2

0

2

4

6

8

10

1Q05

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

1Q07

2Q07

3Q07

4Q07

Net exportsInventoriesInvestments Public consumptionPrivate consumptionGDP

perc

. poi

nts

(con

tribu

tions

to G

DP

)


163,0156,2

148,0141,4131,4

128,4136,3

123,5125,9

125,5

126,1

218,6210,6

198,3

183,5170,2

156,4

116,3126,5129,6

139,4144,4

100

120

140

160

180

200

220

1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07 F2Q07 F3Q07

Corporate Household

125,2 133,9

235,4

129,9

96,588,383,9

79,8

108,496,3 101,8

118,6

204,7201,5

200,5200,6

199,3 207,8212,9 217,3

227,3231,2

60

100

140

180

220

260

1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07F2Q07F3Q07

Corporate Household

8,8%7,2%

10,3%

12,7%

15,1%15,6%

21,8%22,0%

18,6%

13,8%

11,5%

2001 2002 2003 2004 1Q05 2Q05 3Q05 4Q05 1Q06 3Q06 4Q06

!+(�� '��(��7��

� CPI is slightly above the target, and the MPC

will continue rising rates. We expect rates to

increase to 5.0% till the year-end

� Recently a very strong recovery in corporate

loans has been taking place

Corporate and household loans(in PLNbn, quarterly averages)

Corporate and household deposits (in PLNbn, quarterly averages)

Inflation (%, YoY) and 1M WIBOR

NPL in commercial banks (share %)*

All figures reported as quarter average (unless stated otherwise)

2,41,8

4,34,8

1,3 1,1

2,41,7

0,8 11,51,3

2,1

5,64,7 4,6 4,3 4,1

6,5

4,14,14,1

0

1

2

3

4

5

6

7

8

9

1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07 F2Q07 F3Q07

Inflation1M WIBOR

*/ according to NBP


Construction4%

Transport & Communication

4%

Other Trade5%

General Servicies

5%Real Estate

6%

Financial Activities

6%

Community &Utilities

3%

Other Branches

20% Private Individuals

39%

Wholesale and Commission

Trade8%

Loan volume portfolio = loans and guarantees granted

7��,�� 3 � �� !�� 3��;�5�65��/��1

Retail

Loan portfolio by economic sectors1Loan portfolio by segments

1 Industry branches presented in accordance to NACE.

Note: „Other Branches” includes, inter alia, Light Industry, Food Processing, Energy, Machinery and Equipment, Metallurgy (each ca 3%).

Commercial Real Estate

7%

Consumer Loans7%

Personal Mortgages

32%

Small Enterprises

13%

Corporate41%


Impaired loans as % of total loans Provision coverage of impaired loans

#�� -� (��7��;��)��<

* Unconsolidated data

62%66%60%58% 59%62%62% 65%67%

0%10%20%30%40%50%60%70%

Corporate Retail Total Bank

30.06.2006 31.12.2006 30.06.2007

6,1%

4,2%

5,5%

6,9%

5,3% 5,0% 5,1%4,5%4,8%

0%

1%

2%

3%

4%

5%

6%

7%

Corporate Retail Total Bank30.06.2006 31.12.2006 30.06.2007


3��8��(� ��

��,7%��5=��>��

543 531 539 567 574

300

350

400

450

500

550

600

650

700

2Qs06 3Qs06 4Qs06 1Q07 2Qs07

+5.7%

Income

� Sale of new packages:+67 ths ROR for PI & +19 ths Harmonium for BC

� Wide savings and investment products offer(mutual funds, structured deposits, Sezam Max package, brokerage services)

� Loans & deposits development:+15% YoY average loans volumes and +4% interest income growth+11% YoY growth of average volumes and +14% interest income on deposits

PLN m


21,9 22,723,8 23,8 23,2

10

14

18

22

26

2Qs06 3Qs06 4Qs06 1Q07 2Qs07

20,620,319,919,919,2

10

14

18

22

2Qs06 3Qs06 4Qs06 1Q07 2Qs07

��8��(� ��4 2��3��

* including SCD (in Bank BPH balance sheet)

Retail loan volumes

+7%

Margins (%):

Market shares (%):

Retail deposit volumes*

+6%

Margins (%):

Market shares (%):

� Marketing campaigns of key products (Cash loans, MTG, Quick Loans for SME)

� 4.1-time sales growth of PLN mortgages (PLN 1.6bn in 1H07 vs PLN 0.4bn in 1H06)

� Po�yczka od R�ki cash loan sales growth (PLN 0.57bn, +8% vs 1H06)

� Focus on alternative investment products (mutual funds & SCD)

3.13.4 3.3 3.2 2.42.3 2.2 2.23.1 2.2

10.0 9,211.9 11.3 10.5 10.5 10,410.4 10.6 10.7

PLN bn


5,8 6,3 6,9 6,98,3

0,0

1,0

2,0

3,0

4,0

5,0

6,0

7,0

8,0

9,0

2Qs06 3Qs06 4Qs06 1Q07 2Qs07

��8��(� ��4

-�� ,��

+43%

BPH TFI assets

Market shares (%):5.9 5.97.5 6.97.4

� BPH TFI assets growth (+PLN 2.5bn vs. June 06; +PLN 1,3bn in the last three months)

� Expanding of BPH offer by new Pioneer funds

� Two large structured deposits issues in 1H07 (over PLN 0,6bn sales)Lokata Trzy Zyski+ (Feb-Mar. 07), Lokata Top Dywidenda (April – May 07)

PLN bn


� c.a. 8.3% market share*

� +67 ths ROR YoY packages growth driven by attractive Sezam Max offer

� 49% share of colored** packages (+3.5 pp. YoY)

� A Joint BPH / Pekao campaign since Nov. 06: Free of charge ATMs for BPH & Pekao customers

1 4391 4231 4191 3961 372

1 000

1 100

1 200

1 300

1 400

1 500

1 600

2Qs06 3Qs06 4Qs06 1Q07 2Qs07

+5%

��8��(� ��4 �#�

/ �� >��1

ROR accounts for PI

* Acc. to Rzeczpospolita 07.07.23

** Silver, Gold, Sezam Max, Private Banking

‘000


SME and PI (in ’000) 2Qs06 3Qs06 4Qs06 1Q07 2Qs07

Internet banking 552 585 615 640 659

Call center 653 701 747 775 809

383424

487 478 519

0

100

200

300

400

500

2Qs06 3Qs06 4Qs06 1Q07 2Qs07

��8��(� ��4

'��'�� .�*��8��'��

Credit cards number

+35%

+15%

+24%

‘000


145 152 157 160 164

0

40

80

120

160

2Qs06 3Qs06 4Qs06 1Q07 2Qs07

+13%

��8��(� ��4 �� .�

��7�� 3$!

� Every 11th active firm in Poland possessing Harmonium package

� Substantial increase of deposit volume (+18% YoY)

� Growth of loans for SME: 12% YoY - successful marketing campaign of Quick Loans offer

Harmonium packages ‘000


��8��(� ��4

$ �� 7��

�� '�� (��$ �� +��3�� %�� ,��

Mortgage loans

Market shares (%):

+6%PLN share

11,6 12,1 12,1 12,4 12,3

15,4% 16,6% 21,9% 25,5% 31,0%

3

5

7

9

11

13

2Qs06 3Qs06 4Qs06 1Q07 2Qs07

0%

50%

100%

17.118.3 14.315.6

� 307% PLN sales growth in 2Q07 vs. 2Q06 accompanied by a 46% total sales decline� PLN mortgage portfolio growth by 24pp. faster than market (Bank BPH: +113% vs. market: +89% )� 5.45 pp. market share decline of Bank BPH YoY after giving up FX loans sales

� PLN: + 1.06 pp. � FCY: - 7.96 pp.

As at 30 June 2007 Total PLN FX***

Av. maturity* 21 years 21 years -

Av. amount** TPLN 131 TPLN 131 -

Av. LTV 62% 63% 61%

NPL 2.11% 2.81% 1.79% Portfolio growth dynamics (June’07/ June’06) 6% 113% -13%

*loans granted in 2007; contractual maturity,**loans granted in Q2 2007,*** Bank BPH practically does not grant FX loans (only few mtgs in 2Q07 with av. amount of PLN 226 ths for clients with revenues in the same foreign currency)

PLNm

8.58.6 9.69.5

Total:

PLN:

12.8

9.6


40,0%

44,0%

48,0%

52,0%

56,0%

Jan

Feb

Mar

Apr

May Jun

Jul

Aug

Sept

Oct

Nov

Dec

2006 2007

196 215

149 178

2Qs06 2Qs07

interestincome

fee income

C/I (%) – based on fully-loaded costs

+13.9%

'��(��8��(� �� –-�� .�'?-

Fee & Interest Income in PLN m

345393


18 60414 930

0

5 000

10 000

15 000

2Qs06 2Qs07

'��(��8��(� ��–8(��7��

11,8912,1711,4211,16

0,00

15,00

2Qs04 2Qs05 2Qs06 2Qs07

10,7711,6711,9510,11

0,00

15,00

2Qs04 2Qs05 2Qs06 2Qs07

Corporate Deposits – market share (in %)* Corporate Loans – market share (in %)*

*/ Period end; Note: Data accordingly to NBP segmentation, which is different from Bank BPH’s - NBP segment includes i.a. SMESource: NBP

+0.73 pp. - 1.84 pp.

Corporate Loan Volumes in PLN m

AverageAverage

Corporate Deposit Volumes in PLN m

+24.6% avg.

Average Average1 353 902

15 60514 303

0

5 000

10 000

15 000

2Qs06 2Qs07

livingportfolio

workoutportfolio

+9.1% avg.

-33.3% avg.


'��(��8��(� ��–2��

Major achievements:� BusinessNet – 65% YoY increase in number of corporate customers in BusinessNet� Cross-border outgoing payments – YoY transaction number dynamic recorded at the end of 1H07 amounted to over 13%; at the end of June the

electronic ratio reached the level of 91.69%, STP ratio (fully automated transaction processing) achieved the level of 36%. � TransFinancing – transaction volumes tripled in 1H07 up to PLN 607m (in comparison to PLN 182m in 1H06)� TransKasa – in comparison to 1H06, transaction number has grown significantly by 2.5 times - to the level of over 60,000 per month (June); Number

of Agents tripled at end June 2007 vs. June 2006; Network of terminals accepting payments for the benefit of 81 Mass Billers (50% YoY increase); � TransDebit – app 100% YoY increase in number of transactions.� TransCollect – transaction number YoY dynamics (end of June) is at the stable level of app. 15%

„The Best Emerging Market Bank” in Poland by Global Finance MagazineEUROPRODUKT for TransKasa system, Electronic Statements and Comprehensive Agreement on Bank Account for Corporate Customers.

020 00040 00060 00080 000

100 000120 000140 000160 000180 000200 000220 000240 000260 000280 000300 000320 000340 000360 000380 000

1Q05

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

1Q07

2Q20

07

0

20 000

40 000

60 000

80 000

1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07 2Q07

TransDebit (quarterly total transfers) POS (quarterly total transactions)

+67%+1063%


��(� ��4

'�� !��

PLN 40 106 000PLN 2 343 000

Land Loan

Arranger03.2007

Oakland Park Savleigh

PLN 239 118 737

Construction loan

Arranger01.2007

PLN 66 500 000

Arranger01.2007

POLSKIE PROJEKTY

INWESTYCYJNE

Skarbiec Nieruchomo�ci 6

Construction loan

Lender04.2007

PLN 42 110 000

Gemini Park

Construction andinvestment loan

Lender06.2007

EUR 47 700 000

PLN 16 00 000

Stawki 2a

Construction loan

Arranger06.2007

PLN 173 194 400

Horizon Investment

Construction loanand investment loan

Arranger05.07

EUR 75 000 000

Bank BPH is one of the market leaders in CRE:

� CRE has closed 23 new transactions till June 2007 in the amount of PLN 1.5bn, meaning 19% increase in comparison to the whole 2006

� BPH Real Estate launched „Jana Kazimierza” residential project


'��(��8��(� ��4

3��

Key developments 2Q07:

� BOUND TO DELIVER: actuals for 1H07 20% over budgeted figures in terms of revenue

� GROWTH STORY INTACT: strong performance in terms of number and volume of transactions:

�10 transactions closed in 1H07 with nominal value totaling to approx. PLN 4.7bn; Bank BPH commitment of PLN 1.5bn

�Successful closing of 6 transactions in 2Q07 totaling PLN 1.1bn with Bank BPH commitment of PLN 0.9bn

� PROVEN CUSTOMER RELATIONSHIP

�We acted as Mandated Lead Arranger & Bookrunner in 80% of transactions executed in 2007

�Rich pipeline for 2007 with transactions budgeted up to 4Q


101%100%

2Qs06 2Qs07

-%$ ��8��(� ��–-%$ �2��3��*�� .�#��

Sales margin from treasury products for Corporate Segment*

� 47% (YoY) increase in total outstanding medium &

long-term debt issued excl. BPH own issues (end of

June outstanding amounted to PLN 3,651.04m) ensuring

market leader position

� Successful origination of 20 issuances of Structured

Investment Products for retail and corporate clients in

total amount of PLN 790m in 2007 year-to-date.

� Stable net income from sales of treasury products to

Corporate Segment Clients (1% YoY growth) in spite

of limited new clients acquisition and lower fx market

volatility resulting in lower margin on Fx Spot

transactions• results from sales of treasury products and custody services generated by INM

Division are presented entirely in the results of Corporate and Retail segments

2490,98

3651,04

2Qs06 2Qs07

Total outstanding medium-& long-term debt issued

+47%

+1%


-%$ ��8��(� ��– '��

Number of Custody Clients transactions settled � 339% annual growth in number of customer

transactions settled in 2Q07 driven mainly by

successful acquisition of remote brokers admitted

by Warsaw Stock Exchange in 2006

� 24.8% (YoY) increase in assets under custody

thanks to organic growth of clients’ portfolios

fuelled by stock market increase

247 709

56 426

2Qs06 2Qs07

+339%


136 753

115 706

2Qs06 2Qs07

-%$ �� 8��(� �� – 2��*��

Average monthly volume of inter-bank transactions

� Active market making in all segments ensuring high market share and stable volumes in spite of lower market volatility

� Growing net economic income contribution of Trading/ Investment activities (61%) vis-a-visStructural Bank Book positions (39%)

� Pro-active structural liquidity and cost of taxes management resulted in redemption of three series of own BPH Eurobonds issued under the EMTN Programme (of EUR 1.5bn)

PLN m

+18%


-%$ ��8��(� ��– ��*��

� „The best bank on the Polish foreign exchange market” according to ranking of Global Financemagazine published in January 2007

� Top Player in origination and sales of structured investment products

� Fitch: 1st place in terms of medium and long-term debtoutstanding arranged with 17.42% market share

� Fitch: 1st place in terms of short-term debt outstanding arranged with almost 20% market share

� Year-to-Date Direct Cost/ Total Income Ratio (incl. Treasury Sales and Custody income) amounted to 9.1%

� In macroeconomic ranking of Parkiet Daily Bank BPH once again was classified among leading economist group (2nd place) in 1Q07

The best bankon the Polish

foreign exchange market

January 2007

PLN 790mof Capital ProtectedStructured Products

Originated in 20 issuances

Jan - June 2007

1st Place

short term outstanding debt issues arranged

June 2007

1st Place

medium & long term outstanding

debt issues arranged

June 2007


��,��'��3��

178,2 191,9 213 203,7 198,8 218 208,4 216,1 216,4

57,9 49,6 35,5 49,9 45,254,2 48,5 46,2 46,6

50,8 55,0 39,5 51,3 51,050,2 55,3 46,8 52,7

94,3 88,5 101,8 107,9 83,8 91,1 99,3 97,776,8

2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07 2Q07

Personnel Buildings maintenance & rents Depreciation Other

Total (PLNm) 381.2 385.0 364.8 406.7 402.9 406.2 403.3 408.4 413.4


39,1% 36,2% 38,2%30,5% 36,4% 33,5% 28,0% 28,9% 26,7%

36,4% 37,9% 40,1%44,1% 28,5% 37,5%

35,0%41,4%

32,3%

17,8% 16,6% 12,5%11,3%

10,3%11,4%

10,9%10,6%

8,6%

5,4%9,4%

18,5% 5,8%12,7%

12,9%

11,4%

6,3% 11,9% 13,4%6,2%

21,0%8,0% 7,8%

4,7%1,4%1,3%1,2%

2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07 2Q07

Other

Securities andcustodian business

Loans andadvances

Domesticpayments

Internationalpayments

��,��3�� %��.'�

Total (PLNm) 240.9 263.8 288.2 315.7 345.3 329.8 358.8 322.9 379.1


%�� 9�#��

��!� (��<

* Bank BPH only; ** without unpaid, maternity and child-care leaves, in FTEs; *** including branches, sub-branches, without Corporate Centers

Outlets***

375 337

484485471511

571480465

427

90

2001 2002 2003 2004 2005 2006 2Q07

9 671 9 4899 654 9 905

12 742

11 003

10 067

2001 2002 2003 2004 2005 2006 2Q07

-34%

Employees**

Partner

outlets

bank bph presentation 2qs2007 results 3.08 · financial results for 2qs 2007 page 3 2qs07 2qs07/...

Documents