Corporate Presentation – Mar’16 Revised as on 26/10/2016 1 www.lvbank.com
Disclaimer This presentation has been prepared by The Lakshmi Vilas Bank Limited (the “Bank”) solely for information purposes without re gard to any specific objectives, financial situations or informational needs of any particular person. This presentation should not be construed as legal, tax, investment or other advice. This presentation may not be copied, distributed or disseminated, directly or indirectly, in any manner. Furthermore, no person is authorized to give any information or make any representation which is not contained in, or is inconsistent with, this presentation. Any such extraneous or inconsistent information or representation, if given or made, should not be relied upon as having been authorized by or on behalf of the Bank. The distribution of this presentation in certain jurisdictions may be restricted by law. Accordingly, any persons in possession of this presentation should inform themselves about and observe any such restrictions. Furthermore, by reviewing this presentation, you agree to be bound by the trailing restrictions regarding the information disclosed in these materials. This presentation contains statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Bank or its directors and officers with respect to the results of operations and financial condition of the Bank. These statements can be recognized by the use of words such as “expects,” “plans,” “will,” “estimates,” “projects,” or other words of similar meaning. Such forward -looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those specified in such forward-looking statements as a result of various factors and assumptions. The risks and uncertainties relating to these statements include, but are not limited to, (i ) fluctuations in earnings, (ii) the Bank’s ability to manage growth, (iii) competition, (iv) (v) government policies and reg ulations, and (vi) political, economic, legal and social conditions in India. The Bank does not undertake any obligation to revise or update any forward-looking statement that may be made from time to time by or on behalf of the Bank. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward- looking statements. The information contained in this presentation is only current as of its date and has not been independently verified. The Bank may alter, modify or otherwise change in any manner the contents of this presentation, without obligation to notify any person of such revision or changes. No representation, warranty, guarantee or undertaking, express or implied, is or will be made as to, and no reliance should be placed on, the accuracy, completeness, correctness or fairness of the information, estimates, projections and opinions contained in this presentation. None of the Bank or any of its affiliates, advisers or representatives accept any liability whatsoever for any loss howsoever arising from any information presented or contained in this presentation. Please note that the past performance of the Bank is not, and should not be considered as, indicative of future results. Potential investors must make their own assessment of the relevance, accuracy and adequacy of the information contained in this presentation and must make such independent investigation as they may consider necessary or appropriate for such purpose. Such information and opinions are in all events not current after the date of this presentation. This presentation does not constitute or form part of and should not be construed as, directly or indirectly, any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Bank by any person in any jurisdiction, including in India or the United States, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any investment decision or any contract or commitment therefore. This presentation is not a prospectus, a statement in lieu of a prospectus, an offering circular, an advertisement or an offer document under the Companies Act, 2013, as amended, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, or any other applicable law in India. 2 www.lvbank.com
Table of Contents 1 Bank overview 2 Strong brand legacy developed over 90 years of existence 3 Well diversified management team backed by rich financial services experience 4 Strategic emphasis on enhancing CASA growth 5 Focus on fee-based products to drive other income 6 Modification in IT architecture towards automation and enhanced customer experience 7 Customer segmented asset strategy to provide fillip to growth 8 Strengthening existing asset monitoring and lending policy for improved asset quality 9 Financials 3 www.lvbank.com
BANK OVERVIEW 4 4 www.lvbank.com
Lakshmi Vilas Bank: A private sector Bank in its transformational Journey Overview Our Vision and Mission Our Vision Founded over 8 decades ago in 1926 under leadership of Shri V. S. N. Ramalinga Chettiar, LVB has a strong presence in Southern India To be a sound and dynamic banking entity providing financial services of excellence with pan-India presence Network of 460 Branches, 7 extension counters and 910 ATM’s Our Mission March 16 To develop a range of quality financial services and products to create Business Size of Rs.452,499 Mn with an excellent CAGR of 17 % in value for customers, shareholders and the society; to motivate people the last 5 years to achieve excellence in performance leading to sustained profitable growth and build a vibrant organization. Predominantly a Retail / SME focused Bank – ~ 57% of total business is from these segments With continuous investments in technology, all of our services are offered on a robust technologically advanced platform. Deposits and Advances of the bank grew at a CAGR of 16% and 18% respectively over the last 5 years We take special pride in the fact that we are able to offer personalized services drawing inspiration from our rich heritage, During FY16, the bank registered a Operating profit of Rs.4,071 even as we have moved over to the latest in technology Mn and PAT of Rs.1,802 Mn. We benchmark our operating standards continuously with the Operating Profit and PAT growing at a CAGR of 15% and 16% best practices in the banking industry, so as to ensure that our respectively over the last 5 years. customers always receive services with high level of satisfaction. Over 2.71 million Customer accounts We recognize that we are truly in the business of bringing prosperity to all our stakeholders, Demonstrate high corporate governance standards that protects and balances stakeholder interests in the journey of moving towards short and long term business goals and seek continuously to live up to the motto ‘life smiles where LVB serves’. 5 www.lvbank.com
Gradual evolution from an old generation private sector bank to a new-age professionally run financial platform Transition from a South India focused corporate lender to a national focus modern bank with diversified focus on retail, SME, Corporate and fee-based products Transition to a new age financial Focus on South India platform 1958 2011 Granted banking 1976 Awarded Best Bank license from RBI Attained the status of among small Banks for 2015 Becomes Scheduled Authorized Forex 2000 “Electronic Payment Launched CROWN, boutique Systems” from IDRBT 2 Commercial Bank Dealer Lists on NSE banking for HNI customers 1997 2014 2016 1926 2006 1961-74 Opened 200 th branch in Implemented Core Moved HQ to Chennai to 460 Branches Incorporate in Branch expansion through Tirupathy change the image from a 916 ATMs acquisition 1 Banking Solution Karur Opened 1 st ATM in 2008 South-based bank to a Launched mobile app Expanded beyond TN to Andheri Launched Internet Banking new-age professionally run Launched multi function neighbouring states and institution E-lounge Metros Focus on Tamil Nadu Focus on product diversification 1 – Acquired 9 banks namely Thirukattupalli Bank, Salem Gugai Sri Krishna Bank, Sri Nadiambal Bank, Kattuputhur Bank, Trichy Vysya Bank, Kannivadi Bank, Salem National Bank, Salem Sri Ramasamy Bank, and Karur Mercantile Bank; 6 www.lvbank.com 2 – Institute for Development and Research in Banking Technology
Recommend
More recommend
