In 2017-2019, VTB Group is planning to get almost half a trillion rubles of net profit: 100 billion rubles this year, 150 billion in 2018 and 200 billion rubles in 2019, says the UBS survey with reference to the presentation of the group. In the first nine months of 2016, the Group earned 34.1 billion rubles to IFRS. The data for the whole year has not yet been revealed.
Distribution of VTB's net profit in 2019 will be as follows: 45-50% in the retail business, roughly the same in the corporate and investment, and about 5-8% in the medium business, as writes Interfax citing materials bank. In the first nine months of 2016, the retail earned 35.1 billion rubles, corporate and investment banking: 11.8 billion rubles, and medium business brought a loss of 8 billion rubles. At the same time the distribution of assets is different: the corporate and investment banking accounts for 55% of VTB assets, the retail unit is 22%, and medium-sized businesses is 6%, according to the bank's IFRS statements.
Such a distribution of profits by segment is due, in particular, to the fact that the bottom of the crisis in the retail trade was completed earlier than in the corporate sector, says analyst Olga Naydenova from BCS. Now almost all the profits earned by the retail division of the group, on the other hand, the division into segments is rather arbitrary. When lending to corporate borrowers the bank is required to offer him a salary project, begins to lend its employees, so everything is interconnected, she points out.
"Post Bank" about the plans for the development of the retail group has announced to create. This is understandable as all over the world individuals are a key source of funding for banks, says S & P analyst Roman Ribalkin. In addition, he continues, the recent crisis has demonstrated the stability of the business model of diversified banks, as well as the attractiveness of work with pensioners.
One of the retail business growth locomotives of the VTB Group will be "Post Bank" (50% plus 1 share owned by "VTB 24", the rest of the shares through the "daughter" speaks "Russian Post"): its retail portfolio to grow in three years to 505 billion rubles . from 123 billion rubles. at the end of 2016 means individuals - to 678 billion rubles. 30 billion rubles. Among the main tasks of VTB Group's retail business is an increase in the number of customers "Post Bank" to 14.5 million, strengthening the position of the group in the mass segment and service retirees with an emphasis on growth in the penetration of deposits, writes "Interfax".
The main idea of the new business strategy - improved funding structure, said a bank representative. First of all, this happens due to the growth of raising funds of individuals, the growth of ruble balances on current accounts. An additional factor that has a positive effect on the level of profits is to reduce the key rate of the Central Bank and the inflation rate is calculated in VTB.
The bank also plans to increase the return on equity from the current 3.2% to 14%. And here again, the bank relies on retail: VTB representative said that this will happen by increasing the share of retail assets with higher returns, the credit portfolio of the bank.
By 2019, the group plans to increase its share of the credit market of natural persons 4 p. P. To 24%, according to the UBS survey. This will be achieved by 10% growth rate of the retail portfolio in the year.
Focus on making retail and Sberbank. In 2015, it revised its strategy until 2018. For example, in the credit market of natural persons the bank wants to increase its share to 42.8% instead of the previously announced 39.7% (currently it has 38% market share). Strategy changes affected the structure and funding: by 2018, the Savings Bank is to reduce the market share of deposits of legal entities from the current 24.7% to 24.3%. The previous version of the strategy involves increasing the share of bank deposits in the corporate market to 30.1%. Sberbank will focus on retail deposits: by 2018 it should take 46% of the market instead of the planned 43.7%. Now the state bank controls 45.1% of retail deposits.