Company Presentation 3.30.2020
Company Presentation 3.30.2020
This presentation contains certain forward- terms, which may limit our ability to fund looking statements that reflect the current existing operations and to finance new views and/or expectations of Grupo Supervielle activities, (v) changes in government regulation, and its management with respect to its including tax and banking regulations, (vi) performance, business and future events. We changes in the policies of Argentine authorities, use words such as “believe,” “anticipate,” “plan,” (vii) adverse legal or regulatory disputes or “expect,” “intend,” “target,” “estimate,” proceedings, (viii) competition in banking and “project,” “predict,” “forecast,” “guideline,” financial services, (ix) changes in the financial “seek,” “future,” “should” and other similar condition, creditworthiness or solvency of the expressions to identify forward-looking customers, debtors or counterparties of Grupo statements, but they are not the only way we Supervielle, (x) increase in the allowances for Disclaimer identify such statements. Such statements are loan losses, (xi) technological changes or an subject to a number of risks, uncertainties and inability to implement new technologies, assumptions. We caution you that a number of (xii) changes in consumer spending and saving important factors could cause actual results to habits, (xiii) the ability to implement our differ materially from the plans, objectives, business strategy and (xiv) fluctuations in the expectations, estimates and intentions exchange rate of the Peso. The matters expressed in this release. Actual results, discussed herein may also be affected by risks performance or events may differ materially and uncertainties described from time to time in from those in such statements due to, without Grupo Supervielle’s filings with the U.S. limitation, (i) changes in general economic, Securities and Exchange Commission (SEC) and financial, business, political, legal, social or other Comision Nacional de Valores (CNV). Readers conditions in Argentina or elsewhere in Latin are cautioned not to place undue reliance on America or changes in either developed or forward-looking statements, which speak only emerging markets, (ii) changes in regional, as the date of this document. Grupo Supervielle national and international business and is under no obligation and expressly disclaims economic conditions, including inflation, (iii) any intention or obligation to update or revise changes in interest rates and the cost of any forward-looking statements, whether as a deposits, which may, among other things, affect result of new information, future events or margins, (iv) unanticipated increases in otherwise. financing or other costs or the inability to obtain additional debt or equity financing on attractive
SUPV Presentation Contents Annex I, 4Q19 Performance Annex II, Support Material
SUPV Presentation
INVESTMENT THESIS Why SUPERVIELLE , High growth potential financial services franchise once the economy rebounds Strong PRESENCE in Loan Market Share [%] TRACK RECORD Financial System - Excluding Public Banks ARGENTINA’S major REGIONS for Growth: 7,0 Track record of strong organic growth and most POPULATED cities, Sept combined with strategic acquisitions May 6,0 12 with 324 access points and 1.8 19 • Expanded loans 5,0 MILLION active customers – in US$- by 35 SUPV 4,0 Follow 8 th times between On 3,0 PRIVATE 2002 and March B A N K 2,0 2018 through in Loans 0.2% Excluding Securitized Portfolio 1,0 5% M&A and 0,0 organic growth 2001 2003 2005 2007 2009 2011 2013 2015 2016 2017 2018 2019 STRONG OPERATING in a Healthy Branding Implementing LEAN and FLEXIBLE Organization and UNDERPENETRATED • A household CULTURAL & DIGITAL financial system name and the transformation strategy oldest private • With ample room for • To support sustainable franchise in growth when the economy long term growth the country rebounds • Loans / GDP at 10% 5
BUSINESS STRATEGY Evolving our Business Model and Transforming SUPERVIELLE for success in a digital world Digital Transformation High-Growth Post IPO Adverse Macro Slowing Demand May 2016 – March 2018 April 2018 - 2019 2019 - 2023 • Key customer segments significantly • Delivering Capital deployment • Our Goal: to become an integrated, impacted by macro slowdown efficient and digitized customer centric • Fastest growing financial group across all financial group recognized for being Agile, key business lines • Loan growth practically stagnant Simple and Cordial. Leveraging on our • Driving operating leverage and profitability • Consumer finance Segment: People • Healthy balance sheet and solid − Tightened underwriting policies since capitalization 1Q18 • Our Purpose: Enhancing Customers Dreams 90% − Organizational changes to align it to the 35X new macro environment 3.300 • Maximizing Growth and Profitability Loans 1.738 − Focus on digital and change in vision: [US$ Mill.] • Cultural Transformation - transforming the “Becoming a multisegment universal Pre 93 ways of working. Commitment across the IPO company, offering financial and non organization - Agile methodology financial products” 2001 March 16 March 18 • Banking Business: 5% • CX / Centricity − Focus on CX Experience and Centricity, Distribution • Digitizing the Group. Develop Digital 325 340 productivity improvements, driving Network Attackers synergies and striving to operate as a Pre 23 leaner organization IPO • Build the Supervielle Ecosystem − Agile methodology: 2001 March 16 March 18 Operating through 1 2 3 24 agile teams 6
OUR DIGITAL TRANSFORMATION JOURNEY Evolving our Business Model and Transforming SUPERVIELLE for success in a digital world Banking Business Consumer Finance New Brands Innovation Online 1) Chat Bot Banking NEW 20K conversations MiCa per month DIGITAL BRAND 1) • CX / Digital Onboarding Transform 20% increase in Centricity Mobile Biometrics offerings the Core to Banking recognition • Agile Walmart App drive CX 53K active CRM • Efficiency FOCUS ON customers PROFITABILITY 4 public APIs to Marketing Senior sell products campaigns & GROWTH Citizens “Fe de Vida” App. Digital Channels Intelligence • Develop a new value proposition Develop • IOL − Multisegment Digital • New Digital − Safe, secure and trusted online environment Attackers Brand − Simpler products with greater transparency • Better understanding customer needs Build an • More personalized propositions Ecosystem • Deeper customer engagement 1) Mica and Odin are internal names of our chat/bot Agent and digital onboarding respectively 7
CREATING THE SUPERVIELLE ECOSYSTEM That anticipate and address our customer’s diverse needs developing positive emotional engagements FINANCING • Canales Supervielle • Partnerships E-WALLET INSURANCE SOLUTIONS • Access and Financial • Canales Supervielle Connectivity • Partnerships Customer ASSET MANAGEMENT LEISURE Centricity & SAVINGS • Tourism “EVERY DAY BANK” HOUSING MEDICAL • Emergencies • Ophthalmology • Dentistry MOBILITY 8
MACRO TRENDS [Cont.] Inflat lation on and internat rnatio ional nal reserve rves stabiliz lized toward rds year-end end with intere rest rates declin ining ng. . Econom nomic ic activit vity y remai ains ns muted given n uncert rtaint ainty y around und the sovere reig ign n debt restruct ructuring uring GDP Growth [%] Market Interest rate & Inflation 83,3 78,4 68,2 73,9 70,7 62,7 60,4 65,0 59,3 68,0 2,9 0,0 61,9 60,9 63,0 54,7 55,8 57,3 55,8 54,4 53,7 50,1 58,1 58,9 49,4 51,7 46,0 -1,7 55,0 -2,5 -2,6 48,9 55,0 55,1 48,6 54,5 53,5 51,0 52,0 44,1 49,3 51,3 45,1 53,4 53,0 47,5 49,6 -5,8 40,0 51,6 40,5 33,9 49,5 44,6 38,3 48,7 44,2 39,4 45,7 47,6 27,3 43,3 37,1 25,4 40,5 32,7 29,5 22,6 22,6 22,9 27,3 37,1 50,2 45,7 37,6 43,8 48,5 52,6 50,9 48,6 55,4 60,0 55,1 46,0 42,0 2017 2018 1Q19 2Q19 3Q19 2019e 1Q 2Q 3Q 4Q Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec Badlar Avg. Badlar EoP TM20 eop Leliq YoY Inflation Source: GDP source GDP, INDEC GDP (%) QoQ var. 2 0 1 8 2 0 1 9 2019e Source: Market expectations Survey Source: Argentina Central Bank. and INDEC FX Rates BCRA Reserves [BN] 77.5 (44)%, (34)bn 95,0 FX Controls 77.95 85,0 September 2, 2019 Oct 28, 2019 75,0 65,0 43.4 44.8 55,0 59.82 45,0 35,0 25,0 15,0 28/9 12/10 29/10 13/11 28/11 13/12 2/1 16/1 30/1 13/2 27/2 15/3 29/3 15/4 2/5 16/5 30/5 13/6 1/7 17/7 31/7 14/8 29/8 12/9 26/9 10/10 25/10 11/11 26/11 10/12 26/12 J F M A M J J A S O N D J F M A M J J A S O N D 2 0 1 8 2 0 1 9 2 0 1 8 2 0 1 9 FX Blue Chip Swap Rate 1) As of December 31, 2019 Latest data as of December 30, 2019 9 Source: BCRA Source: BCRA
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