corporative presentation in brief brief history of coopenae who is coopenae? coopenae is a private...

CORPORATIVE PRESENTATION in brief

Brief history of Coopenae Who is Coopenae? Coopenae is a private financial

institution (like a National Credit Union in USA). 1966, was founded in July 1966.(45 years old) 1983, started the process of specialization as a financial

institution. 1994, began being supervised by SUGEF. 1999, successfully overcame the crisis in the cooperative

sector. 2001, started leading the market and reached a market

share of 12% (at this time 23%). 2004, the target market was expanded. 2008, insurance market and homebanking 2009, Net - Coopenae


Mission

Best option. Increase the quality of life of our associates.

Everyone on the staff must work hard and believe in their integral development as a human being.

We will do our job day by day as professionals, with excellence in customer service, sensitivity and generating trust with the management of the company.


VISIÓN

We will be a leading cooperative and a model in the global context, where the most important goal (WIG) is the full satisfaction of the associates as both owners and clients.

Vision


Background information of Costa Rica

Population, approximately 4.5 million

Land area, 51.000 square kilometers

Annual inflation, average 10% since 2006, for 2010 our

inflation was 5.82%.

Exchange rate, US$ 1 to ¢498.61 (colones)

Assets of Financial Institutions represent 90% of our

annual GDP (we call it PIB)


Costa Rican Financial System(June 2011)

Source: www.sugef.fi.cr

Q Total Colons ¢ %Total

Dollars $Banks owned by the government 3 ₡6,580,335 44.81% $11,784Banks created by special Law 2 ₡1,681,395 11.45% $3,011Private Banks 12 ₡4,472,828 30.46% $8,010Other financial companies 5 ₡126,312 0.86% $226Cooperatives 31 ₡1,223,658 8.33% $2,191Housing Mutuals 3 ₡600,078 4.09% $1,075

Total 56 ₡14,684,607 100.00% ₡26,297

Total Assets (millions)


Ranking - Private Financial System- millions of US dollars – June 2011 -


CompanyBac 2,330 1 1,717 1 258 1 23 1Scotiabank 2,033 2 1,492 2 239 2 2 14Hsbc 1,439 3 885 3 155 3 3 8Mutual Alajuela 793 4 524 4 64 8 4 6Coopenae 659 5 425 5 121 5 7 2Citi 630 6 405 6 125 4 0 19Promerica 556 7 352 7 50 10 4 5Coopeservidores 463 8 298 8 92 6 5 3Lafise 433 9 266 9 27 18 1 15Improsa 413 10 238 12 50 9 2 13Mucap 410 11 247 11 27 16 2 9Coopeande 1 365 12 265 10 85 7 5 4Bct 365 13 224 13 36 12 2 11Banco CMB 332 14 55 21 38 11 2 10Coopealianza 241 15 171 14 32 15 2 12Coocique 194 16 118 16 27 17 1 18Bansol 155 17 102 17 19 19 1 17Banco General 152 18 120 15 34 13 0 23Desyfin 138 19 85 18 12 21 1 16Cathay 132 20 67 20 18 20 0 22Coopecaja 95 21 85 19 34 14 3 7Cafsa 42 22 33 22 6 22 0 21Comeca 32 23 22 23 5 23 0 20Financiera G&T 30 24 18 24 5 24 0 24Multivalores 12 25 9 25 4 25 0 25

Capital ProfitsAssets Loans


Ranking - Cooperatives- US dollars (millions), June 2011 -


CompanyCoopenae 659 1 425 1 121 1 7 1

Coopeservidores 463 2 298 2 92 2 5 2

Coopeande 1 365 3 265 3 85 3 5 3

Coopealianza 241 4 171 4 32 5 2 5

Coocique 194 5 118 5 27 6 1 8

Coopecaja 95 6 85 6 34 4 3 4

Coopemep 67 7 58 7 26 7 1 7

Coopebanpo 44 8 34 8 8 10 0 10

Coopejudicial 28 9 21 9 14 8 1 6

Credecoop 27 10 15 11 7 11 0 13

Coopeaya 27 11 15 13 6 12 0 12

Coopavegra 26 12 13 15 6 13 0 11

Coopegrecia 24 13 15 12 4 17 0 14

Coopeamistad 20 14 17 10 5 14 0 19

Coopefyl 19 15 14 14 8 9 1 9

Coopesn marcos 17 16 5 26 3 20 0 16

Coopesn ramon 17 17 8 18 3 21 0 - 31

Coopeco 14 18 10 16 4 15 0 26

Coopeorotina 12 19 8 17 2 23 0 20

Coopelecheros 11 20 6 21 2 26 0 27

Assets Loans Capital Profits


Ranking – Cooperatives in Latin America- US dollars (millions), December 2010 -

Source: www.DGRV.org

País Rank Nombre Activos % Part. Sist. Finan.1

% Part. en el Sist. Finan. Coop.2

ME Nacional Nacional LACCHL 1 Coopeuch 2.088,2 0,90% 72,53% 3,00%MEX 2 Caja Popular Mexicana 1.911,8 0,43% 30,70% 2,75%BRA 3 CREDICITRUS 1.343,4 0,05% 1,93% 1,93%CR 4 COOPENAE 600,5 2,19% 26,30% 0,86%BRA 5 COOPERFORTE CECMF INST FIN FED 552,9 0,02% 0,80% 0,80%BRA 6 CCPRE INTERIOR PAULISTA 549,8 0,02% 0,79% 0,79%MEX 7 Caja de Ahorro de los Telefonistas 530,0 0,12% 8,51% 0,76%BRA 8 CC VALE DO ITAJAI - VIACREDI 490,4 0,02% 0,71% 0,71%BRA 9 CCR PLANT CANA ZONA DE GUARIBA 408,1 0,02% 0,59% 0,59%


Balance Sheet(US $ millions)

Assets 659 100.0 600 100.0 59 10

Current Assets 628 95.3 567 94.5 61 11 Net Loans 419 63.5 378 62.9 41 11 Investments 209 31.8 190 31.6 20 10Improductive Assets 31 4.7 33 5.5 -2 -6

Capital and Liabilities 659 100.0 600 100.0 59 10

Total Liabilities 538 81.6 493 82.1 45 9Liabilities with financial cost 521 79.0 476 79.3 44 9Savings 376 57.0 317 52.7 59 19Debts with other banks 145 22.0 160 26.6 -14 -9

Liabilities without financial Cost 17 2.6 17 2.8 1 3

Share Capital 121 18.4 107 17.9 14 13

jun-11 dic-10 Variation


Profits or loss (income) statement(million US $)

d d

Financial Revenues 48 100.0% 92 100.0% 3 2.8%Financial Expenses 32 67.5% 66 71.7% -2 -3.3%Gross Financial Profits 16 32.5% 26 28.3% 5 18.4%Operative revenues 2 4.1% 3 3.6% 1 60.7%Profits before OE 18 36.6% 29 31.9% 5 18.2%Operative expenses 11 22.6% 19 20.3% 3 14.9%Net Profits 7 14.0% 11 11.7% 3 23.9%

jun-11 dic-10 Variation


Credit Default

Coopenae 0.38%

Goverment Banks

Popular Bank Private banks Other Finac.Inst

Cooperatives Housing Mutuals

Total Financial System

3,08%

2,59%

1,29%

1,84%

0,86%

1,47%

2,12%

June 2011



Liquidity



Return on Equity (ROE)

ROE Coopenae 11.70%



Annual profits

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

566 654 871 1,046

1,411

1,938 2,437

4,223 4,611 4,354

5,451

6,730


Capital Adequacy ratio (CAR)

Fuente: elaboración propia, datos de www.sugef.fi.cr

corporative presentation in brief brief history of coopenae who is coopenae? coopenae is a private...

Documents

corporative presentation

brief profits

brief return

brief visin

brief liquidity source

pib slide

vision slide

net coopenae slide