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1 Press conference 19 April 2007
Press conference19 April 2007
2 Press conference 19 April 2007
Back in the top league of German private banks as an advisory, service and sales & trading bank
Successful two-bank strategy 1.
Meeting client requirements throughinterdisciplinary cooperation2.
3.
Efficient risk management forms backbone of business model4.
Strong foothold in Germany and international growth
3 Press conference 19 April 2007
Independence: Clients and the market perceive BHF-BANK as an independent institute with its own corporate culture and product and service range.
Rating: Fitch Ratings upgraded the bank’s Long-term rating from A– to A and improved its Outlook from “stable” to “positive”.
2006 result: We set out to achieve a triple-digit result for 2006. We accomplished this goal.
Transactions: Acquisition of the outstanding 10 % share in Frankfurt-Trust and the financial investment in Deutsche Hypo.
Outlook: The result as at March 2007 amounted to around € 42 million and exceeded the good figure for the first quarter of 2006 by more than 25 %.
Successful two-bank strategy
1. Successful two-bank strategy
2.
3.
4.
Meeting client requirements throughinterdisciplinary cooperation
Efficient risk management forms backbone of business model
Strong foothold in Germany and international growth
4 Press conference 19 April 2007
Know-how and methods: Our private clients benefit, for instance, from the integrated know-how of our experts in Corporates business, Asset Management and Financial Markets.
Other examples:
– Global Private Custody– Private Trading Desk in Financial Markets – Entire value added chain in Financial Services
Holistic approach:
– Significant volume of net new funds in custody business and Private Banking
– Commission income accounts for more than 50 %
Meeting client requirements through interdisciplinary cooperation
1. Successful two-bank strategy
2.
3.
4.
Meeting client requirements throughinterdisciplinary cooperation
Efficient risk management forms backbone of business model
Strong foothold in Germany and international growth
5 Press conference 19 April 2007
Strong foothold in Germany and international growth
1. Successful two-bank strategy
2.
3.
4.
Meeting client requirements throughinterdisciplinary cooperation
Efficient risk management forms backbone of business model
Strong foothold in Germany and international growth
German market: All divisions occupy strong competitive positions.
Client requirements: Meeting the demand for globally diversifiedearnings and risk structures
International scope: International expansion in selected countries with Switzerland as the hub
– New location in Geneva
– Representative office in Abu Dhabi
– Exclusive partnership with the leading family office in India
Client network: Based on 30 years of experience in foreign trade finance, BHF-BANK benefits from excellent contacts to more than 1,000 first-class correspondent banks in over 100 countries.
6 Press conference 19 April 2007
Efficient risk management forms backbone of business model
1. Successful two-bank strategy
2.
3.
4.
Meeting client requirements throughinterdisciplinary cooperation
Efficient risk management forms backbone of business model
Strong foothold in Germany and international growth
Lending business: No defaults since 2005
Loan-loss provisions:
– Excellent quality of the loan portfolio
– Reversals of loan-loss provisions exceed additions
Core areas of competence: BHF-BANK offers market risk management as an innovative new service for institutional clients. We currently measure market risks for an asset volume of around € 150 billion on a daily basis. We intend to offer and expand this service on an international scale.
7 Press conference 19 April 2007
Significant increase in net income and return on equity
Net income before taxin € m
15%
93107
2005 2006
Pre-tax return on equity in %
14%
1416
2005 2006
8 Press conference 19 April 2007
Quality of earnings base clearly improved
Income in € m
4%
379 395
2005 2006
Proportion of commission incomein %
8%
4953
2005 2006
9 Press conference 19 April 2007
Strong growth in all asset volumes
Assets under management (group) in € bn
13%
3135
2005 2006
Assets under custodyin € bn
39%
201
281
2005 2006
10 Press conference 19 April 2007
All divisions contributed to performance
Income Result
Asset Management & Financial Services
113
2940
99
Corporates
56
29 23
67
Financial Markets
99
42 42
100
Private Banking
96
2433
82
2005 2006 2005 2006 2005 2006 2005 2006
Sharp rise in volumes Record result
High level of results maintained
Foundations laid for corporate finance business
Strict risk management
Once again preferred partner for UHNWIs
Net new assets at record high
