NOVA KREDITNA BANK MARIBOR D.D. - Preliminary information on results of Nova KBM for the period J...

| | POLISH FINANCIAL SUPERVISION AUTHORITY | | | | | | | | | | |
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| | | | | UNI - EN REPORT No | 39 | / | 2013 | | | | |
| | Date of issue: | 2013-07-31 | | | | | | | | | |
| | Short name of the issuer | | | | | | | | | | |
| | NOVA KREDITNA BANK MARIBOR D.D. | | | | | | | | | | |
| | Subject | | | | | | | | | | |
| | Preliminary information on results of Nova KBM for the period January ? June 2013 | | | | | | | | | | |
| | Official market - legal basis | | | | | | | | | | |
| | Unofficial market - legal basis | | | | | | | | | | |
| | Contents of the report: | | | | | | | | | | |
| | In accordance with the provisions of the Ljubljana Stock Exchange Rules and the Financial Instruments Market Act, Nova KBM d.d. hereby gives the following notice: For the period from 1 January to 30 June 2013, Nova KBM reported a pre-tax, pre-provision profit of ?12.2 million. Net provisions and impairment losses amounted to ?58.6 million. Net interest income totalled ?31.8 million, and the interest margin, calculated on the average total assets, was 1.49%. Non-interest income, including net fees and commissions, reached ?19.5 million. Net fees and commissions earned by the Bank were sufficient to cover 51.6% of its operating costs. The Bank posted a pre-tax loss from continuing operations of ?46.4 million for the first half of 2013, with its net loss standing at ?44.2 million. The Bank´s total assets were ?4,241.7 million at the end of June, a decrease of ?96.8 million, or 2.2%, from the 2012 year-end. The Bank´s market share in terms of total assets remained flat at 9.4%. At the end of June 2013, net
loans and advances given to customers were ?2,760.7 million, a decline of ?130.4 million from the 2012 year-end. The Bank´s market share as measured by loans to the non-banking sector remained flat at 9.3%. Deposits from customers were ?2,874.4 million, down ?42.9 million on December 2012, giving the Bank a market share of 11.6%, a decrease of 0.6 percentage points from the end of 2012. The customer net loans-to-deposits ratio fell by 3.0 percentage points to 96.1% at the end of June. The Bank´s total equity amounted to ?247.0 million at the end of June, an increase of 28.3%, or ?54.4 million, from the end of 2012. The capital increase resulting from the conversion of a ?100 million state-provided hybrid loan facility into equity was partially offset by the net loss incurred by the Bank in the first half of the year. As of 30 June 2013, the Bank´s total capital adequacy ratio stood at 8.71%. Currently, the quality of Nova KBM´s assets is being reviewed by independent external experts, both in order to meet
the requirements of the EU institutions and to ensure the bad loans are transferred to the Bank Assets Management Company at their fair value. The results of this review are expected to be available by the end of October 2013. This notice will be available on the Bank´s website (www.nkbm.si) from 31 July 2013. | | | | | | | | | | |
| | Annexes | | | | | | | | | | |
| | File | Description | | | | | | | | | |

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

| | | NOVA KREDITNA BANKA MARIBOR D.D. | | | | | |
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| | | (fullname of the issuer) | | | | | |
| | | NOVA KREDITNA BANK MARIBOR D.D. | | Banki (ban) | | | |
| | | (short name of the issuer) | | (sector according to clasification of the WSE in Warsow) | | | |
| | | 2505 | | Maribor | | | |
| | | (post code) | | (city) | | | |
| | | Vita Kraigherja | | 4 | | | |
| | | (street) | | (number) | | | |
| | | +386 2 229 22 90 | | +386 2 229 43 33 | | | |
| | | (phone number) | | | (fax) | | |
| | | (e-mail) | | | (web site) | | |
| | | SI94314527 | | 586058000 | | | |
| | | (NIP)
| | | (REGON) | | |

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY