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Entidades Bancarias Medianas: Estrategias En Un Entorno Restrictivo

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Entidades Bancarias Medianas: Estrategias En Un Entorno Restrictivo Entidades bancarias medianas: Estrategias en un entorno restrictivo Jornada: Desapalancamiento y Crecimiento en España 10 de octubre de 2012 Ángel Berges. Consejero Delegado de Afi Ratio Crédito /Depósitos* 160% 156% Santander+BBVA+Caixabank Cooperativas 150% 146% Resto Cajas 140% 138% 132% 130% 125% 125% 121% 120% 117% 114% 110% 109% 110% 108% 100% 2008 2009 2010 2011 * Inversión crediticia depurada de titulizaciones y depósitos ex cédulas y titulizaciones Fuente: Afi, CECA, AEB y UNACC Entidades bancarias medianas: Estrategias en un entorno restrictivo 2 Players: Restructuración del SFE El proceso de reestructuración del sistema financiero 2009 Junio 2012 Cajas de Ex- Cajas Bancos Bancos Ahorros de Ahorros 65 59 45 10 Consolidación en nº de entidades Cooperativas Cooperativas de Crédito de Crédito 81 44 Fuente: Afi Entidades bancarias medianas: Estrategias en un entorno restrictivo 3 POBLACIÓN BANCARIA Bancos y Cajas de Ahorros Fuente: Afi, AEB, CECA Entidades bancarias medianas: Estrategias en un entorno restrictivo 4 POBLACIÓN BANCARIA Bancos y Cajas de Ahorros 2009 2010 2011 2012 Banco Santander Banco Santander Banco Santander Banco Santander (466.009 mill €) BBVA BBVA BBVA Caixa Sabadell Integración BBVA (411.166 mill €) Caixa TerrasaFusión Unnim Indirecto Unnim Banc* Caixa Manlleu La Caixa Fusión La CaixaIndirecto Caixabank Caixa Girona Cajasol Fusión Cajasol-Guadalajara Caja Guadalajara Fusión Caixabank (354.233 mill €) SIP + Caja Navarra Banca Cívica Indirecto SIP + Caja Burgos Banca Cívica Indirecto Caja Canarias Caja Madrid Bancaja Caja Insular Canarias Caixa LaietanaSIP BFA - Bankia BFA - Bankia BFA - Bankia (318.119 mill €) Caja Ávila Caja Segovia Caja Rioja Banco Sabadell Fusión Banco Sabadell Banco GuipuzcoanoIntegración Banco Sabadell Banco Sabadell (171.242 mill €) CAM*Indirecto Banco CAM Banco Popular Banco Popular Banco Popular Fusión Banco Popular (161.302 mill €) Banco Pastor Banco Pastor Banco Pastor Ibercaja IbercajaIndirecto Ibercaja Banco CAI CAI Fusión Ibercaja Banco Caja Círculo Caja CírculoSIP + Banco Caja 3 Indirecto Ibercaja Banco + Caja Badajoz Caja Badajoz Fusión Banco Caja3 + Cajastur Liberbank Cajastur (116.715 mill €) Traspaso negocio CCM * SIP + Liberbank Liberbank Caja Cantabria Caja Cantabria Indirecto Fuente: Afi, AEB, CECA Caja Extremadura Caja Extremadura Entidades bancarias medianas: Estrategias en un entorno restrictivo 5 POBLACIÓN BANCARIA Bancos y Cajas de Ahorros 2009 2010 2011 2012 Unicaja Fusión UnicajaIndirecto Unicaja Banco Caja Jaén Fusión Unicaja Banco (80.492 mill €) Caja Duero Fusión CEISSIndirecto Banco CEISS Caja España Caixa Catalunya Caixa TarragonaFusión Catalunya CaixaIndirecto Catalunya Banc Catalunya Banc ** (77.049 mill €) Caixa Manresa Caixa Galicia Fusión Nova Caixa GaliciaIndirecto NCG Banco NCG Banco ** (72.235 mill €) Caixanova BBK BBK Cajasur * Cesión de activos SIP + Kutxabank Kutxabank (70.950 mill €) Caja Vital Caja Vital Indirecto Kutxa Kutxa Caja Murcia Caixa Penedés SIP + Banco Mare Nostrum Banco Mare Nostrum Banco Mare Nostrum (67.200 mill €) Caja Granada Indirecto Sa Nostra Bankinter Bankinter Bankinter Bankinter (59.491 mill €) * Entidades intervenidas ** Participación mayoritaria del FROB Notas: - SIP = Sistema Institucional de Protección - Entre paréntesis se recoge el total activo a diciembre de 2011 Fuente: Elaboración propia Fuente: Afi, AEB, CECA Entidades bancarias medianas: Estrategias en un entorno restrictivo 6 POBLACIÓN BANCARIA Cooperativas de crédito Fuente: Afi, UNACC Entidades bancarias medianas: Estrategias en un entorno restrictivo 7 POBLACIÓN BANCARIA Cooperativas de crédito 2009 2010 2011 2012 Cajamar CR Grupo Caja Campo CR SIP Cooperativo GC Cajamar Cajamar CR de Casinos CR de Crédito de Petrer CR de Crédito de Petrer SIP Grupo Cooperativo Cajamar** CR Turís CR Turís CR Albalat dels Sorells CR Albalat dels Sorells CR de Baleares CR de Baleares* Fusión Grupo SIP Cooperativo CR Canarias CR Canarias CR Canarias Cajamar CR Castellón San Isidro CR Castellón San Isidro CR Castellón San Isidro *** Fusión Fusión GC Cajas Rurales Unidas CR del Mediterráneo (Ruralcaja) y SIP (CRU)**** (44.420 mill. €) CR Altea CR S. Roque de Almenara CR de Callosa d'en Sarriá CR S. José de Burriana CR Torrent Grupo CR S. Jaime Alquerías Niño Perdido Grupo Cooperativo Cajas Grupo Cooperativo Cajas SIP Cooperativo CR de Cheste Rurales del Mediterráneo Rurales del Mediterráneo SIP Cajas Rurales del CR de S. José de Nules Mediterráneo Crèdit Valencia CR CR la Junquera de Chilches CR S. Josep de Vilavella CR S. Isidro de Vilafamés CR de Alginet CR de Villar CR de Villar CR de Villar Caja Laboral Caja Laboral Caja Laboral Caja Laboral + Iparkutxa Fusión Iparkutxa Iparkutxa Iparkutxa (22.830 mill €) CR Córdoba CR Córdoba Grupo Cooperativo Ibérico Rural del Sur Rural del Sur SIP Grupo Cooperativo Ibérico (7.662 mill €) CR Extremadura CR Extremadura Fuente: Afi, UNACC Entidades bancarias medianas: Estrategias en un entorno restrictivo 8 POBLACIÓN BANCARIA Cooperativas de crédito 2009 2010 2011 2012 CR Aragonesa y Nueva CR de Aragón Multic aja SIP + Nueva CR de Aragón Pirineos (Multicaja) (Bantierra) Fusió (Bantierra) CR Aragón (Cajalón) Cajalón (6.350 mill €) CR de La Roda Fusión CR Albacete CR Albacete Fusión Globalcaja Globalcaja (5.220 mill €) CR Ciudad Real CR Ciudad Real CR Cuenca CR Cuenca CR Almendralejo CR Almendralejo CR Almendralejo CR Adamuz CR Adamuz CR Adamuz CR Baena CR Baena CR Baena Grupo Cooperativo Solventia SIP CR Cañete de las Torres CR Cañete de las Torres CR Cañete de las Torres (1.431 mill €) CR Nueva Carteya CR Nueva Carteya CR Nueva Carteya CR Utrera CR Utrera CR Utrera CR Burgos CR Burgos CR Burgos CR Fuentepelayo CR Fuentepelayo CR Fuentepelayo CR Burgos, CR Segovia, CR Fusión Fuentepelayo y CR CR Segovia CR Segovia CR Segovia Castelldans (1.396 mill €) CR Castelldans CR Castelldans CR Castelldans * Fusión por absorción de CR de Baleares por Cajamar CR ** Si bien en 2009 Caja Campo CR se incorporó al GC Cajamar, en 2011 se produjo la fusión por absorción de esta entidad por Cajamar CR *** Si bien en 2011 CR Castellón San Isidro se incorporó al GC Cajamar, en 2012 se produjo la fusión por absorción de esta entidad por Cajamar CR **** Fusión de Cajamar CR y CR del Mediterráneo y creación de un nuevo Grupo (GC CRU) integrado por los dos grupos previamente existentes Notas - SIP = Sistema Institucional de Protección Nota: Entre paréntesis se recoge el total activo a junio de 2012 Fuente: Afi, UNACC Fuente: Elaboración propia Entidades bancarias medianas: Estrategias en un entorno restrictivo 9 Entidades bancarias medianas: Estrategias en un entorno restrictivo en un entorno Estrategias medianas: bancarias Entidades 100.000 150.000 200.000 250.000 300.000 350.000 50.000 Fuente: Afi, CECA y AEB (datos consolidados) 0 LA CAIXA delSFE Restructuración Players MADRID POPULAR BANCAJA SABADELL CAM CATALUNYA GALICIA Tamaño medio: 29.000millTamaño € IBERCAJA : UNICAJA PASTOR CAIXANOVA BBK CAJASOL CCM CAJA ESPAÑA Diciembre 2009 PENEDÉS MURCIA CAJA DUERO GIPUZKOA Y S.S. NAVARRA CAJASUR ASTURIAS BALEARES GRAL CANARIAS GRANADA SABADELL TERRASSA Ranking de entidades por (mill.€total activo ) BURGOS MPAL. INMACULADA TARRAGONA GUIPUZCOANO CANTABRIA INSUL. CANARIAS VITAL LAIETANA GIRONA EXTREMADURA ÁVILA MANRESA SEGOVIA BURGOS C.C.O. BADAJOZ RIOJA Incremento de tamaño medio MANLLEU GUADALAJARA JAÉN ONTINYENT POLLENSA Millions € 100.000 150.000 200.000 250.000 300.000 350.000 400.000 450.000 500.000 50.000 0 SANTANDER BBVA + UNNIM CAIXABANK + CÍVICA x1,5 BANKIA x2 Tamaño medio: 106.000millTamaño € SABADELL + CAM POPU + PASTOR IBERCAJA + C3 + LIBERBANK BANESTO Junio 2012 UNICAJA + CEISS CATALUNYA BANC NCG BANCO KUTXABANK MARE NOSTRUM 10 BANKINTER B. VALENCIA BANCA MARCH ONTINYENT POLLENSA Players: Restructuración del SFE Ranking de las mayores 10 cooperativas según total activo (Junio 2012, mill.€ ) 45.000 40.000 Millones € 35.000 Proceso similar en 30.000 las cooperativas de 25.000 crédito x2 20.000 15.000 10.000 x2,5 5.000 0 • Nº cooperativas: 81 • Nº cooperativas: 44 • Tamaño medio: 1.400 mill € • Tamaño medio: 2.500 mill € Fuente: Afi, UNNAC 2009 Junio 2012 Entidades bancarias medianas: Estrategias en un entorno restrictivo 11 Ajuste de capacidad Reducción del 4% en gastos de explotación desde el comienzo de al crisis Mantenimiento de la proporción gastos de personal/gastos generales en 65/35 Evolución de los gastos de explotación En %/ATM En miles de € +1,6% -0,3% -1,5% -5,7% Total gastos (2011 vs. 2008): -4% -1.200 mill€ Fuente: Afi, BdE Entidades bancarias medianas: Estrategias en un entorno restrictivo 12 V. Escenarios de consolidación: Ajuste de capacidad Reducción del 13% del parque de oficinas Ratio de oficinas por habitante todavía en máximos de la UE Nº de oficinas total (1995-2011) Nº de oficinas (1991-2010) 50.000 Máxima 30.000 capacidad 45.000 25.000 22.649 40.000 20.000 35.000 15.000 15.227 En 2011 mismos niveles que en 2003 30.000 10.000 25.000 5.000 5.018 0 20.000 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 -13% 2011 • 5.000 oficinas • 39.000 oficinas -6.000 Fuente: Afi, BdE 2008 Entidades bancarias medianas: Estrategias en un entorno restrictivo 13 V. Escenarios de consolidación: Ajuste de capacidad Reducción del 10% del nº de empleados, lo que nos sitúa en niveles previos al boom inmobiliario Nº de empleados total (1995-2011) Desagregación nº de empleados (1991-2010) 280.000 Máxima 180.000 capacidad 270.000 160.000 140.000 260.000 120.000 125.162 111.871 100.000 250.000 80.000 60.000 240.000 40.000 En 2011 mismos niveles 230.000 que en 2004 20.000 20.545 0 220.000 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 -10% 2011 • 270.000 empleados • 240.000 empleados -30.000 2008 Fuente: Afi, BdE Entidades bancarias medianas: Estrategias en un entorno restrictivo 14 Eficiencia por economías de escala Dispersión eficiencia vs tamaño (dic 2011) G.
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