Bank Saint Petersburg held the Investor Day in Moscow
On September 8, 2016, Bank Saint Petersburg, for the first time ever, held the Investor Day in Moscow. Among the Bank's guests were current and potential investors of the Bank.
The first session meeting was headed by Mr. Konstantin Balandin, Deputy Chairman of the Management Board, who presented the Bank's Strategy for 2016–2018 and 1H 2016 financial results. During his presentation, Mr. Balandin highlighted the details of the Bank's competitive advantages and emphasized the Bank’s intention for 15% ROAE recovery together with a focus on cost control, cost-of-risk control and net interest margin expansion. It was followed by a Q&A session, which was, among other issues, devoted to the discussions of the Bank's development outside the home region, interest rates dynamics and loan portfolio quality.
The Investor Day also gave the guests an opportunity to speak directly to the representatives of the Bank's various businesses. The second session meeting was opened by Ms. Oksana Sivokobilska, Deputy Chairperson of the Management Board, who is in charge of the Bank’s retail business. Ms. Sivokobilska’s presentation concerned the BSPB’s positions at the federal and regional rankings, mortgage lending growth and digital strategy towards 2020. The guests received an overview of the Bank’s innovative online banking services unparalleled in the market, including WikiPay self-training payment details database.
The next presenter was Mr. Alexander Konyshkov, First Deputy Chairman of the Management Board, who is leading the Bank’s corporate business. Mr. Konyshkov spoke about the Bank’s non-interest income growth drivers, import-export transactions promotion and the specifics of working with certain industry sectors. The presentation featured a detailed review of one of the Bank’s innovative projects: instant contactless banking card payments in the St. Petersburg Metro.
The Investor Day opened a new page in the Bank’s relations with investors. The Bank’s guests mentioned that face-to-face communication with the Bank’s top-management was a significant step to increase transparency and investment attractiveness. Bank Saint Petersburg will retain the practice of regular meetings in the same format.