Transcript Multiple-service bank controlled by the State of Rio

Company Data
Company Name: Banrisul S/A
Company Type: Multiple-service bank controlled by the State of Rio Grande
do Sul.
Incorporated in: September 12th 1928.
Incorporated under the Laws of: State Law nº 459/28.
Stake of the State: 57.0%.
Stake of the State on ordinary stocks: 99.6%.
Free float: 43.0%
2
The State of Rio Grande do
Sul at a Glance
 4th economy of Brazil accouting for 7.0% of the Brazilian GDP;
 State’s GDP growth in 2007: 7.0% (Brazil’s GDP: 5.2%);
 2nd largest industrial expansion in the country;
 Ranked 3rd among Brazilian states in terms of retail trade growth
 State’s GDP: R$ 2,556.8 billion / US$ 1,312.6 billion
* Data 2007
3
Socioeconomic overview of
Rio Grande do Sul
Indicators
Venezuela
Colombia
GuyanaSuriname
French Guiana
Ecuador
RS
Brazil
Population
10,963,219
186,770,562
Area (km2)
281,749
8,498,332
Population density
38.9
22.0
Urban population (%)
81.2
82.8
1.3
1.7
HDI
0.814
0.766
HDI-Income
0.754
0.723
HDI-Education
0.904
0.849
HDI-Life expectancy
0.785
0.727
Gini index
0.520
0.569
Life expectancy (years)
74.2
71,9
Infancy mortality rate
13.1
24.9
Illiteracy (%)
5.2
11.1
Average years of
education
6.9
6.5
17.1
25.6
Growth population rate
Brazil
Peru
Brazil
Bolivia
Brazil
Brazil
Paraguay
Brazil
Chile
Argentina
Uruguay
²
RS
0
240 480
960
1.440
Kilometers
1.920
Poverty (% population)
4
Main factors contributing to the Bank’s business
and performance are:
Strong partnership with Rio Grande do Sul state
Strong identification by state citizens
Regional multiple-service bank focused on credit products
5
Strong partnership
with Rio Grande do Sul State
ICMS Collection Account
Public Cash Management
• Centralizes the ICMS (VAT) collection for RS (average monthly
inflows of R$1 billion) and IPVA collection for RS (average monthly
inflows of R$71 million).
• Cash of the State, State owned companies and State autarchies.
Judicial Deposits Fund
Management
• Unique and intrinsic asset for Banrisul, pursuant to the state
constitution.
• Base of approximately 365,000 clients, which represent
approximately R$613 million per month.
Cross Selling
• Exclusivity to payroll payments and payroll-deductible loans to
State employees.
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Banrisul
Highlights
Stockholder Breakdown
BANRISUL STOCK - Presently
Officers
0.00%
Fund Banrisul de Seg. Social
0.15%
Inst. Prev. do Estado RGS
0.05%
Estado do Rio Grande do Sul
56.97%
Free Float
42.83%
Stockholder
ON
%
PNA
PNB
TOTAL (PNA +
PNB)
%
TOTAL OF
STOCKS
%
State of Rio Grande do Sul
204,199,859
99.60%
2,721,484
26,086,957
28,808,441
14.12%
233,008,300
56.97%
Fund Banrisul de Seg. Social
449,054
0.22%
158,983
0
158,983
0.08%
608,037
0.15%
Inst. Prev. Do Estado RGS
44,934
0.02%
168,612
0
168,612
0.08%
213,546
0.05%
Free Float
324,014
0.16%
872,006
173,948,574 174,820,580
85.71%
175,144,594
42.83%
TOTAL
205,017,861
100.00%
3,921,085
200,035,531 203,956,616
100.00%
408,974,477
100.00%
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Banrisul Network
Service Network
Branches
Rio Grande do Sul
Santa Catarina
Other States
Abroad
Service Points
Eletronic Sales Points
Representative Office
Total Network
424
395
13
14
2
273
427
1
1,125
Presence in the State of Rio Grande do Sul
Total Municipalities in the State of Rio Grande do Sul
496
Municipalities with Banrisul Branches
294
Municipalities with Banrisul Service Points
105
Total Municipalites Serviced by Banrisul
408
Service Range
82.3%
Population of the State of Rio Grande do Sul serviced by Banrisul
97.4%
State of Rio Grande do Sul's GDP serviced by Banrisul
97.3%
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Brazilian Competitive Market
BRAZILIAN COMPETITIVE MARKET
AS OF JUN/08 - IN R$ MILLION, EXCEPT NR. OF BRANCHES
INDEX
BRAZIL
STATE OF RGS
% STATE OF RGS /
BRAZIL
BANRISUL
% BANRISUL /
STATE OF RGS
TIME DEPOSITS
414,981
18,669
4.5%
7,133
38.2%
SAVING DEPOSITS
247,732
19,893
8.0%
4,468
22.5%
DEMAND DEPOSITS
113,568
8,686
7.6%
1,562
18.0%
LOAN PORTFOLIO
1,067,355
45,540
4.3%
9,951
21.9%
NR. OF BRANCHES
19,528
1,302
6.7%
423
32.5%
Source: Central Bank of Brazil
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Regional multiple-service bank
focused on credit products
Credit Products Portfolio
Innovative and Differentiated Products

Personal credit

Direct credit to consumer

Overdraft loan (“Banricompras”)

Vehicle financing

Payroll deductible loan

Real estate credit

Agribusiness financing

Receivables discount

Working capital
 Individuals: Debit card with “Pre-approved
credit line”

“Promicro”
 SME: Discount receivables

Machines and equipments

Vendor

Compror

Leasing

Leveraging business with diversified client base
and segment

More than 40 thousand affiliated stores

47 million transactions in 2007

R$2.56 billion in transactions in 2007

R$34 million in gross income in 2007
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Banricompras
Debit card to make cash, term or installment payments for their
purchases in accredited commercial establishments
A mean of payment that increases the purchase power, makes it easier
to monitor expenses and does not burden card users
About 66,000 establishments affiliated
More than 34 million transactions in Aug 08, equivalent to almost R$ 2
billion in financial turnover
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IT Investments
Chip Card - Multos
A highly secure operating system that supports multiple
applications for use in smart cards. MULTOS allows cards to be
monitored during all steps of a transaction, simplifying and
improving the smart card issuing process.
Internet Banking
The Bank offers access channels to clients through Home and
Office Banking.
Mobile Banking
A debit card via cell phone to check balances and statements,
and allows for the wire transfer of resources between accounts
and the payment of bills through a mobile phone.
Banrisul International IT Forum (Porto Alegre – RS – Brazil) Oct 28, 2008
http://www.banrisul.com.br/bob/data/Forum_Internacional_de_TI_Banrisul_agenda_textovrs08.pdf
13
Self-service Channels
Benefits
14
Net Income
R$ million
15
15
Assets
R$ million
CAGR:
18.50% p.a.
CAGR:
19.02% p.a.
16
16
Interest on Own Capital
and Dividends Paid
R$ million
17
17
Funding
R$ million
CAGR:
15.75% p.a.
CAGR:
15.10% p.a.
18
18
Securities
R$ million
19
19
Credit Portfolio
R$ million
20
20
Credit Portfolio
yearly rate of growth
21
21
Commercial Credit Portfolio
yearly rate growth
22
22
Funding
yearly rate of growth
23
23
Credit Portfolio Breakdown
R$ million
24
24
Commercial Credit Portfolio
Individuals and Companies
R$ million
25
25
Credit Portolio by Rating
R$ million
26
26
Default Rate
In %
27
27
Basel Ratio
In %
28
Number of Clients
InR$Million
million
29
NOTICE TO THE MARKET
Freed of Reserve Requirement
Impacts on Banrisul
• Measures of Central Bank released R$ 1,842.6
millions in reserve requirement
• On september 24, the total amount in reserve
requirements was R$ 3,883 millions
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NOTICE TO THE MARKET
Freed of Reserve Requirement
Impacts on Banrisul
Main figures in August, 2008
 Loan portfolio: R$ 10,589.7 million
 Total funding, including investiment funds: R$
18,051.7 million
 Federal securites + short term and interbank
investiments: R$ 6,460.1 million
 Basel Index, after Basel II alterations: 18,11% - Allow
for R$ 10 billion increase in the loan book
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NOTICE TO THE MARKET
Freed of Reserve Requirement
Impacts on Banrisul
Current situation
 Treasury invested only in federal securities indexed to
the SELIC – LFT or inter-banking operations pegged to
federal securities
 Not exposed to exchange, swaps or derivatives
 Payroll-deductible loans portfolios acquired: more
than R$ 500 millions
 Default, overdue more than 60 days totaled 3,12%
Summarizing, conditions to continue growing
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Ricardo Hingel
CFO & IRO
Investor Relations
Rua Capitão Montanha, nº 177 – Centro
Porto Alegre – Rio Grande do Sul - Brazil
CEP 90010-040
Phone: +55 51 3215-3232
Fax:
+55 51 3215-3200
www.banrisul.com.br/ir
[email protected]