DOCSLIB.ORG

Instabank | CEO Robert Berg 09:50 Easybank | CEO Oddbjørn Berentsen 10:10 Brabank | CEO Bent Gjendem

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Instabank | CEO Robert Berg 09:50 Easybank | CEO Oddbjørn Berentsen 10:10 Brabank | CEO Bent Gjendem Invitasjon | Torsdag 5. september INVESTORDAG Nordiske Utfordrerbanker SpareBank 1 Markets har gleden av å invitere deg til vår femte Investordag for Nordiske Utfordrerbanker, torsdag 5. September 2019. Program* 08:30 Registrering & lett frokost 09:00 Velkommen | Stein Husby, CEO SpareBank 1 Markets Nordic Consumer Banks 09:10 Kraft Bank | CEO Svein Ivar Førland 09:30 InstaBank | CEO Robert Berg 09:50 Easybank | CEO Oddbjørn Berentsen 10:10 BRAbank | CEO Bent Gjendem 10:30 Kaffepause 10:50 Komplett Bank | CEO Jan Haglund 11:10 TF Bank | CEO Mattias Carlsson Commercial Banks 11:30 Aprila Bank | CEO Halvor Lande 11:45 Avida Finans | CEO Tord Topsholm 12:00 Maritime & Merchant Bank | CEO Halvor Sveen 12:15 Pareto Bank | CEO Tiril Villum og CFO Erling Mork 12:30 Oppsummering | Odd Weidel, Aksjeanalytiker SpareBank 1 Markets * Merk at det kan forekomme endringer i programmet Dato: Torsdag 5. september 2019 Tid: 09:00-12:45 Sted: Nationaltheatret Konferansesenter (KS Agenda), Haakon VIIs gt 9 Meeting room: Nordkapp RSVP: [email protected] Velkommen! Velkommen – Investordag nordiske utfordrerbanker 5. september 2019 1 Ledende investeringsbank med et bredt produkt- og tjenestetilbud… 1 2 Egenkapital Rådgivning • Børsnoteringer, emisjoner • Fusjoner og oppkjøp og andre plasseringer • Verdivurderinger og annen • Aksjebord finansiell rådgivning 6 3 Kapitalforvaltning Fremmedkapital • Aktiv forvaltning • Høyrenteobligasjoner og andre rentepapirer • 5.000 aktive kunder og ~17 milliarder under forvaltning • Obligasjonsbord 5 4 Analyse Renter og valuta • Aksje- og kredittanalyse • Sikring, trading, finansiell Kjerne • ~ 20 analytikere med risikoanalyse og Kundebase dekning av 200+ selskaper E-handelsplattform SB1M med komplett produktpalett og ∼150 ansatte 2 …med et høy aktivitetsnivå innenfor alle forretningsområder… IPO IPO IPO IPO IPO IPO IPO IPO June 2019 June 2019 October 2018 June 2018 March 2018 November 2017 October 2017 NOK 506,000,000 NOK 362,000,000 NOK 542,000,000 USD 225,000,000 NOK 1,400,000,000 NOK 750,000,000 NOK 400,000,000 ECM Private placement Private placement Private placement Private placement Private placement Rights issue Private placement (Listed) May 2019 April 2019 April 2019 April 2019 January 2019 December 2018 November 2017 SEK NOK 324,000,000 NOK 93,000,000 NOK 250,000,000 NOK 170,000,000 NOK 463,000,000 NOK 246,000,000 1,270,000,000 ECM Private placement Private placement Private placement Private placement Block sale of shares Private placement Private placement (Not listed) June 2019 June 2019 May 2019 February 2019 February 2019 October 2018 September 2018 NOK 230,000,000 NOK 102,000,000 NOK 150,000,000 NOK 150,000,000 NOK 180,000,000 NOK 100,000,000 NOK 110,000,000 Acquisition of Oslo Børs Merger with Hafslund Asset and cash swap for M&A and project finance Minority stake in Scatec Merger of non-life Acquisition of VPS M&A E-CO 16% own shares of 1.5 TWh wind portfolio Solar insurance seismic fleet Ongoing July 2019 June 2019 January 2019 November 2018 September 2018 August 2018 SEK 14,500,000,000 NOK 6,790,000,000 Undisclosed NOK 700,000,000 NOK 19,750,000,000 USD 689,000,000 HAVILAFJOR Ekornes QM Holding AS D DCM Unsecured bond Unsecured bond Secured bond Tap issue Unsecured bond Tap issue Private debt August 2019 May 2019 March 2019 March 2019 February 2019 January 2019 December 2018 NOK 800,000,000 USD 400,000,000 NOK 2,000,000,000 USD 100,000,000 USD 100,000,000 NOK 250,000,000 SEK 600,000,000 IG Unsecured bond Unsecured bond Unsecured bond Unsecured bond Unsecured bond Unsecured bond Unsecured bond June 2019 May 2019 May 2019 April 2019 March 2019 February 2019 January 2019 NOK 400,000,000 NOK 400,000,000 NOK 500,000,000 NOK 2,000,000,000 NOK 400,000,000 NOK 800,000,000 NOK 400,000,000 i) Selected issues ii) Figures are rounded for simplicity 3 …og en sterk distribusjonsevne mot både institusjonelle og private investorer Utvalgte nyere transaksjoner med respektive allokeringer Tilgang til mer enn 1500 Private placement Private placement Private placement Private placement IPO investorer globalt NOK 93m NOK 250m NOK 463m USD 30m NOK 362m #1 #1 #1 #1 #1 (53%) (44%) (52%) (73%) (52%) 25+ meglere rettet mot institusjonelle investorer Private placement Private placement Private placement IPO IPO NOK 150m NOK 759m SEK 1,270m NOK 1,400m NOK 2,300m #1 #1 #1 #1 #1 (63%) (31%) (46%) (54%) (43%) 3 regionale meglerbord Source: Dealogic *Excluding investors that were wall-crossed before the transaction 4 SB1M har et toppranket analyseteam innenfor Bank og finans… Utvalgte analytikere Harald Magnus Andreassen Sjeføkonom #1 Bank Makro • Rangert som #1 i makro i 15 påfølgende år med klar margin og Finans • Mer enn 20års erfaring med analyse • Nils C. Øyen • Odd Weidell Toppranket analytiker Analytiker Peter Hermanrud • Mer enn 15 års erfaring • Mer enn 15 års fartstid Sjefstrateg fra bank og finans fra bank og finans #1 • Rangert #1 i strategi i 15 påfølgende år Strategi med klar margin • Mer enn 25 års erfaring med analyse og kapitalforvaltning Kristian Semmen Pål Ringholm Market Sjef kredittanalyse maker • Mer enn 20 års erfaring #1 fra analyse og kapital- forvaltning Kreditt • Rangert #1 i kredit, top rangert i et 10 år • 20 års erfaring fra bank og finans Dekker 28 banker, 200+ selskaper totalt 5 …og har en betydelig aktivitet innenfor bank og finans… Utvalgte EK-transaksjoner (totalt hentet > 5.000 MNOK i egenkapital siden starten av 2017) Bid for Oslo Børs VPS Redistribution of shares Merger of non-life Merger in BN Bank and SB1 Private placement Merger insurance operations Næringskreditt Financial Adviser to Adviser to Euronext Adviser to BRABank Sole adviser Financial Adviser to SB1 JLM & Bookrunner SMN Ongoing 2019 2019 November 2018 2019 2019 NOK 6,790,000,000 Undisclosed NOK 1,200,000,000 NOK 700,000,000 NOK 39,000,000 Undisclosed Private placement Private Placement IPO Block Trade Private Placement Block Trade JLM and Bookrunner JLM & Bookrunner JLM & Bookrunner JLM & Bookrunner JLM & Bookrunner Sole Bookrunner October 2018 June 2018 May 2018 May 2018 March 2018 January 2018 NOK 525,000,000 NOK 195,000,000 NOK 62,000,000 NOK 138,000,000 NOK 100,000,000 NOK 300,000,000 IPO Private Placement and Acquisition of Bank 1 IPO Merger Private Placement IPO Oslo Akershus AS Global Coordinator and Sole Global Coordinator Financial Adviser to the Financial Adviser to JLM & Bookrunner Manager Bookrunner and Bookrunner parties Sparebanken Hedmark September 2017 June 2017 April 2017 December 2016 June 2016 January 2016 NOK 120,000,000 NOK 2,300,000,000 NOK 275,000,000 NOK 860,000,000 NOK 340,000,000 NOK 3,190,000,000 6 …og er i tillegg en av de ledende aktørene på utstedelse av ansvarlig kapital Utvalgte transaksjoner ansvarlige lån og fondsobligasjoner Volum 2018-YTD: Boligkreditt Tier 1: NOK 1,529 mrd – 870 mill Tier 2: NOK 2,620 mrd – 1,005 mrd 22 % markedsandel i 2018-YTD 7 Utfordrerbankene har ulik lønnsomhet og skala… Utvikling i 4Q rullerende ROE, forbrukslånbanker Utvikling i 4Q rullerende ROE, forretningsbanker 8 Kilde: Selskapsinformasjon og SB1 Markets 8 …noe som reflekteres i bankenes verdsettelse… 1Y Total shareholder return (%) P/B, 2Q19 rapportert 9 Kilde: Selskapsinformasjon og SB1 Markets 9 …og sentrale tema for forbrukslånsbankene er blant annet følgende Mens de kommersielle nisjebankene ikke har de samme utfordringene 1 • Gjeldsregisteret • Norske vs. utenlandske Regulatoriske kapitalkrav rammebetingelser • «Forsvarsskatt» i Sverige 2 5 Markeds- og Konsolidering kundedynamikk • Naturlig å forvente betydelige dynamikk i sektoren fremover • Etterspørsel etter • Kritisk masse • Samtidig vil sektoren være mer forbrukslån • Regulatorisk «moden» når «støvet legger seg» • Mislighold og tap arbitrasje • «Emigrasjon» 3 4 • Tapsnivåer • Lønnsomhet i Kapitalkrav sektoren • Kritisk masse og Kapital • Effekter IFRS 9 selvfinansierende evne • Negativt sentiment 10 SpareBank 1 Markets har gleden av å invitere deg til vår femte Investordag for Nordiske Utfordrerbanker, torsdag 5. September 2019. Program* 08:30 Registrering & lett frokost 09:00 Velkommen | Stein Husby, CEO SpareBank 1 Markets Nordic Consumer Banks 09:10 Kraft Bank | CEO Svein Ivar Førland 09:30 InstaBank | CEO Robert Berg 09:50 Easybank | CEO Oddbjørn Berentsen 10:10 BRAbank | CEO Bent Gjendem 10:30 Kaffepause 10:50 Komplett Bank | CEO Jan Haglund 11:10 TF Bank | CEO Mattias Carlsson Commercial Banks 11:30 Aprila Bank | CEO Halvor Lande 11:45 Avida Finans | CEO Tord Topsholm 12:00 Maritime & Merchant Bank | CEO Halvor Sveen 12:15 Pareto Bank | CEO Tiril Villum og CFO Erling Mork 12:30 Oppsummering | Odd Weidel, Aksjeanalytiker SpareBank 1 Markets * Merk at det kan forekomme endringer i programmet Dato: Torsdag 5. september 2019 Tid: 09:00-12:45 Sted: Nationaltheatret Konferansesenter (KS Agenda), Haakon VIIs gt 9 Meeting room: Nordkapp RSVP: [email protected] Velkommen! kraftbank.no Seminar utfordrerbanker, SpareBank1 Markets Oslo 05.09.2019 Svein Ivar Førland (CEO) Kraft Bank er ikke en forbrukslånsbank! Kraft Bank hjelper folk som har økonomiske utfordringer. Vi tilbyr en grundig økonomisk gjennomgang for å finne en løsning som er bedre for kunden. Kraft Bank behandler alle kunder med respekt. 2 kraftbank.no Kort om Kraft Bank ASA Gjelden er for høy i mange norske husholdninger Gjeldsveksten innen forbrukslån de siste årene gir kunder problemer Forretningside Bank for privatkunder som ikke kvalifiserer for lån i tradisjonelle banker Kun to produkt, utlån og innskudd Overtegnet emisjon i februar 2018 Oppstart Etablert 29. mai 2018 Notert på NOTC fra 30. mai 2018 (KRAB) Gjør en grundig økonomisk gjennomgang for å finne en bedre løsning Tilbyr refinansiering og tett oppfølging for kunden Spesialbank Refinansierer både sikret og usikret gjeld Erfarne rådgivere innen kreditt og privatøkonomi Hjelper kunden å komme tilbake i balansert økonomisk situasjon Ikke livsløpsbank Mål om at kunden skal tilbake til tradisjonell bank 3 kraftbank.no Hovedpunkter 2.
Load more

Recommended publications
  • Annual Report 2017 Bank Norwegian AS
    Annual Report 2017 Bank Norwegian AS Annual Report 2017 Bank Norwegian AS OPERATIONS, GOALS AND STRATEGY Bank Norwegian AS is a wholly owned subsidiary of Norwegian Finans Holding ASA. The ownership of Norwegian Finans Holding ASA is divided between institutional and private investors in Norway and abroad, of which Norwegian Air Shuttle ASA is the largest owner with a stake of 16,4%. Norwegian Finans Holding ASA is listed on the Oslo Stock Exchange with the ticker code NOFI. Bank Norwegian started its operations in November 2007 and offers consumer loans, credit cards and deposit accounts to retail customers distributed through the Internet in the Nordic market. Bank Norwegian offers, in cooperation with the airline Norwegian, a combined credit card and reward card. The bank started operations in Sweden in May 2013. In December 2015 the bank launched operations in Denmark and Finland, where it initially offered consumer loans and deposit accounts. Credit cards were launched in June 2016. Bank Norwegian is a digital bank that offers simple and competitive products to the retail market. The strategy is based on leading digital solutions, synergies with the airline Norwegian, attractive terms for our customers, cost-effective operations and effective risk selection. At the end of 2017 the bank had a customer base of 1,233,000 customers, which can be broken down into 896,300 credit card customers, 170,400 loan customers and 166,300 deposit customers. ECONOMIC DEVELOPMENT Profit and loss account for 4th quarter 2017 The bank’s comprehensive income was NOK 443.5 million, an improvement of NOK 8.9 million compared with the 3rd quarter.
    [Show full text]
  • Download Shortlist
    Title Brand Product/Service Entrant Company Location Production Company Location A03 Durable Consumer Goods including Automotive WANDA PRODUCTIONS, Paris / MIKROS THE OTHERS VOLKSWAGEN IQ.DRIVE DDB PARIS * FRANCE FRANCE IMAGE, Paris CHRISTMAS GIFTS ICONOCLAST, Paris / MATHEMATIC, KEEP CHRISTMAS WONDERFUL ORANGE PUBLICIS CONSEIL, Paris * FRANCE FRANCE COLLECTION Paris A04 Travel, Leisure, Retail, Restaurants & Fast Food Chains GENERAL POP, Pantin / GREEN UNITED THE LITTLE DUCK DISNEYLAND PARIS DISNEYLAND PARIS BETC, Paris * FRANCE FRANCE MUSIC, Paris SWITCH TO BAZARCHIC BAZARCHIC INTERNET SHOPPING CHANGE, Paris FRANCE SOVAGE, Paris FRANCE HJALTELIN STAHL PART OF ACCENTURE GOTH LIFE COPENHAGEN METRO COPENHAGEN METRO DENMARK PEGASUS PRODUCTION, Copenhagen DENMARK INTERACTIVE, Copenhagen * BUY SECOND-HAND. OR NOTHING AT FINN.NO ONLINE MARKETPLACE MORGENSTERN, Oslo * NORWAY BACON OSLO, Oslo NORWAY ALL. THIS IS HOW IT FEELS KOMPLETT KOMPLETT ANORAK, Oslo * NORWAY BACON OSLO, Oslo NORWAY C'EST MAGNIFIQUE INTERMARCHÉ INTERMARCHÉ ROMANCE, Paris * FRANCE GRAND BAZAR, PARIS / THE, Paris FRANCE A05 Media / Entertainment MISSION REALLY IMPOSSIBLE CANAL+ CANAL+ BETC, Paris * FRANCE LA PAC, Paris / SCHMOOZE, Paris FRANCE INSURRECTION, Paris / PRODIGIOUS, CONTENT BATTLE ORANGE ORANGE TV PUBLICIS CONSEIL, Paris * FRANCE FRANCE Paris A06 Consumer Services/Business to Business ARBETSFÖRMEDLINGEN - THE SWEDISH COLONY, Stockholm / BACON FILM, TAKING CARE OF BUSINESS EMPLOYMENT SERVICE LE BUREAU, Stockholm * SWEDEN SWEDEN PUBLIC EMPLOYMENT SERVICE Stockholm
    [Show full text]
  • Prospectus Brochure of the Bond Komplett Bank NO0010757768 En
    http://www.oblible.com Komplett Bank ASA I nitial public offering of shares with an indicative price range of 17.00 to 18.50 per Share This Prospectus (the "Prospectus") has been prepared by Komplett Bank ASA, a public limited liability company incorporated under the laws of Norway (the "Company", "Komplett Bank" or the "Bank"), solely for use in connection with (i) the initial public offering of shares of the Company (the "Offering") and (ii) the related listing of the Company's shares (the "Shares") on Oslo Børs (the "Listing"). The Offering comprises new shares to be issued by the Company to raise gross proceeds of up to NOK 425 million (the "New Shares") and up to 25,469,420 existing shares in the Company (the "Sale Shares") offered by existing shareholders as listed in Section 17.2 (the "Selling Shareholders"). The Sale Shares, together with the New Shares and, unless the context indicates otherwise, the Additional Shares (as defined below), are referred to herein as the "Offer Shares". The Offering consists of: (i) a private placement to (a) investors in Norway, (b) institutional investors outside Norway and the United States of America (the "U.S." or the "United States"), subject to applicable exemptions from applicable prospectus requirements, and (c) investors in the United States who are "qualified institutional buyers" ("QI Bs") as defined in the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") in transactions exempt from registration requirements under the U.S. Securities Act (the "I nstitutional Offering") and (ii) a retail offering to the public in Norway (the "Retail Offering").
    [Show full text]
  • A Specialised Consumer Finance Company Growing Across the Nordics Company Presentation Disclaimer
    A specialised consumer finance company growing across the Nordics Company presentation Disclaimer ABOUT THIS PRESENTATION This presentation has been prepared solely for information purposes by Komplett Bank ASA (the “Company” or “Komplett Bank”). This presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated ("relevant persons"). Any person who is not a relevant person should not act or rely on the presentation or any of its contents. This presentation does not constitute an offering of securities or otherwise constitute an invitation or inducement to any person to underwrite, subscribe for or otherwise acquire securities in Komplett Bank. The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law, and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about, and observe, such restrictions. The presentation and the conclusions contained herein are necessarily based on economic, market and other conditions, as in effect on, and the information available to Komplett Bank as of, its date. The presentation does not purport to contain a complete description of Komplett Bank or the markets in which the bank operates. Neither Komplett Bank nor any of its affiliates or any third party have independently verified any information used in preparing this presentation. Neither Komplett Bank nor any of the affiliates (nor any of its or their respective directors, officers, employees, professional advisers or representative) makes any representation or warranty, express or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of such information, these materials (including, without limitation, any opinion contained therein), any of their contents or any of the results that can be derived from the presentation or any written or oral information provided in connection therewith.
    [Show full text]
  • Komplett ASA – Announcement of the Terms for the Initial Public Offering
    Komplett ASA – Announcement of the terms for the initial public offering NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Oslo, 8 June 2021: Komplett ASA (the "Company", OSE ticker "KOMPL") hereby announces the terms of its initial public offering of shares in the Company (the "Offering") and the subsequent listing on the Oslo Stock Exchange (the "Listing", and together with the Offering, the "IPO"). Reference is made to the announcement made by the Company on 28 May 2021, regarding its intention to launch an initial public offering and to apply for a listing of its shares (the "Shares") on the Oslo Stock Exchange. The Company, together with its majority shareholder Canica Invest AS, has resolved to launch the IPO and to apply for a listing of its shares on the Oslo Stock Exchange. Subject to approval of the listing application and a successful completion of the Offering, the shares of Komplett ASA are expected to be admitted to listing and commence trading on the Oslo Stock Exchange on or about 21 June 2021 under the ticker code "KOMPL". THE OFFERING The Offer Shares (as defined below) are expected to be sold at a price between NOK 55.00 and NOK 62.00 per Offer Share (the "Indicative Price Range"), corresponding to an equity value of the Company of between NOK 3,974 million and NOK 4,480 million.
    [Show full text]
  • Komplett Bank ASA Initial Public Offering of Shares with an Indicative Price Range of 17.00 to 18.50 Per Share
    Komplett Bank ASA Initial public offering of shares with an indicative price range of 17.00 to 18.50 per Share This Prospectus (the "Prospectus") has been prepared by Komplett Bank ASA, a public limited liability company incorporated under the laws of Norway (the "Company", "Komplett Bank" or the "Bank"), solely for use in connection with (i) the initial public offering of shares of the Company (the "Offering") and (ii) the related listing of the Company's shares (the "Shares") on Oslo Børs (the "Listing"). The Offering comprises new shares to be issued by the Company to raise gross proceeds of up to NOK 425 million (the "New Shares") and up to 25,469,420 existing shares in the Company (the "Sale Shares") offered by existing shareholders as listed in Section 17.2 (the "Selling Shareholders"). The Sale Shares, together with the New Shares and, unless the context indicates otherwise, the Additional Shares (as defined below), are referred to herein as the "Offer Shares". The Offering consists of: (i) a private placement to (a) investors in Norway, (b) institutional investors outside Norway and the United States of America (the "U.S." or the "United States"), subject to applicable exemptions from applicable prospectus requirements, and (c) investors in the United States who are "qualified institutional buyers" ("QIBs") as defined in the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") in transactions exempt from registration requirements under the U.S. Securities Act (the "Institutional Offering") and (ii) a retail offering to the public in Norway (the "Retail Offering").
    [Show full text]
  • By Bringing Programmatic In-House and Adopting Doubleclick's Full
    Case Study | Komplett By bringing programmatic in-house and adopting DoubleClick’s full stack, Komplett boosts both traffic and revenue across the Nordics Having started as an online electronics retailer in 1996, Komplett has since About Komplett expanded into product categories including pharmacy, groceries, insurance, • Online retailer • Launched in 1996 banking, travel, baby goods, auto parts and more. Komplett’s business goals are to • Headquarters in Sandefjord, Norway be the obvious choice across categories and to offer a complete buying ecosystem • Trading in Norway, Sweden, Denmark, Finland where consumers can get just about everything they need online. and Germany As an online-only business, Komplett has always put a priority on adapting to Goals changes in digital behaviour. When it became clear that many consumers were • Improve efficiency making the shift from desktop to mobile, the brand launched a responsive website • Reduce resource requirements to enable optimum user experience on any device. Today there’s a 50/50 split • Enhance messaging between desktop and mobile visits to Komplett’s site. Approach Komplett uses digital marketing to attract new customers, remarket to existing • Brought programmatic efforts in-house customers and encourage people to stick with the brand. “Our key challenge is to • Adopted full stack approach understand customer intentions, identify the best segments for each campaign and • Leveraged full capabilities of DoubleClick provide the right message at the right time,” explains Online Performance Manager Search, DoubleClick Rich Media, DoubleClick Andreas Aagård. Campaign Manager and DoubleClick Bid Manager With that in mind, Komplett wanted to identify a solution to help the company access new customers as well as gain greater transparency into marketing impact Results than what’s possible through offline advertising or direct buying from online • 7% increase in conversion rate year over year publishers.
    [Show full text]
  • Company Presentation a Specialised Consumer Finance Company Growing Across the Nordics
    Company presentation A specialised consumer finance company growing across the Nordics Updated Q4 2020 1 Disclaimer ABOUT THIS PRESENTATION This presentation has been prepared solely for information purposes by Komplett Bank ASA (the “Company” or “Komplett Bank”). This presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated ("relevant persons"). Any person who is not a relevant person should not act or rely on the presentation or any of its contents. This presentation does not constitute an offering of securities or otherwise constitute an invitation or inducement to any person to underwrite, subscribe for or otherwise acquire securities in Komplett Bank. The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law, and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about, and observe, such restrictions. The presentation and the conclusions contained herein are necessarily based on economic, market and other conditions, as in effect on, and the information available to Komplett Bank as of, its date. The presentation does not purport to contain a complete description of Komplett Bank or the markets in which the bank operates. Neither Komplett Bank nor any of its affiliates or any third party have independently verified any information used in preparing this presentation. Neither Komplett Bank nor any of the affiliates (nor any of its or their respective directors, officers, employees, professional advisers or representative) makes any representation or warranty, express or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of such information, these materials (including, without limitation, any opinion contained therein), any of their contents or any of the results that can be derived from the presentation or any written or oral information provided in connection therewith.
    [Show full text]
  • Expression of Interest to Acts As Underwriter
    Expression of interest to acts as underwriter Pareto Securities AS 12 February 2021 Independent financial advisor and underwriters for ISFI - 21366 1. Expression of interest to act as underwriter Pareto Securities AS (“Pareto”) hereby express our interest to act as underwriter in the potential IPO of Islandsbanki, and in the following present Pareto’s qualifications and experience that make us a highly qualified advisor to Icelandic State Financial Investment (“ISFI”). 2. Contact details The postal address of Pareto Securities AS is P.O. Box 1411 Vika, NO-0115 Oslo, Norway. Visiting address is Dronning Mauds gate 3, 0115 Oslo, Norway. Point of contact will be the Financial Sector and Equity Capital Markets team in the investment banking department: Øivind Mjelde Espen Clason Marianne Musæus Vazquez (Partner, Investment Banking) (Partner, Investment Banking) (Partner, Global Head of Equity Dir: +47 22 87 88 32 Dir: +47 22 87 87 13 Capital Markets) Mob: +47 944 35 899 Mob: +47 995 81 840 Dir: +44 207 786 4384 [email protected] [email protected] Mob: +44 752 620 5287 [email protected] 3. Pareto is strongly positioned to assist ISFI in an international IPO of shares in Islandsbanki Pareto is a leading independent Nordic investment bank offering services within investment banking, equity & fixed income sales and trading, equity and credit research in addition to project finance and asset brokerage services. Main office locations include Oslo, Stockholm, Helsinki, Copenhagen, London, Frankfurt, Zurich, New York and Singapore, in addition to a number of offices across the Nordic region and globally. Currently, Pareto employs approximately 450 persons.
    [Show full text]
  • Komplett Tolerance
    Sustainability report 2020 CONTENTS Contents 01 INTRODUCTION 02 ABOUT KOMPLETT 03 OUR NEW STRATEGY 04 SUSTAINABILITY GOVERNANCE 01 INTRODUCTION 3 04 SUSTAINABILITY GOVERNANCE 17 07 KOMPLETT ENVIRONMENT 36 Message from the CEO 4 Sustainability governance 18 Komplett environment 37 05 KOMPLETT TOLERANCE Komplett´s Sustainability performance at a glance 6 Group policies 19 GHG-emissions 38 About the report 7 Ethical business conduct 20 Environmental impact 39 06 KOMPLETT CIRCULAR 07 KOMPLETT ENVIRONMENT 02 ABOUT KOMPLETT 8 05 KOMPLETT TOLERANCE 21 08 APPENDIX 41 About Komplett 9 Our people 23 Numbers and statistics 42 08 APPENDIX Vision, mission, values 11 Digital inclusion 27 Komplett’s organizational structure 45 Executive management team 12 Supply chain engagement 29 GRI Standards Index 46 03 OUR NEW STRATEGY 13 06 KOMPLETT CIRCULAR 32 Our new strategy – enjoyable product life cycles 14 Komplett circular 33 Stakeholder engagement 15 Material use 34 Circular innovation and development 35 Product quality and safety 35 2 KOMPLETT SUSTAINABILITY REPORT 2020 CONTENTS 01 INTRODUCTION 02 ABOUT KOMPLETT 03 OUR NEW STRATEGY 04 SUSTAINABILITY GOVERNANCE 05 KOMPLETT TOLERANCE 06 KOMPLETT CIRCULAR 01 INTRODUCTION 07 KOMPLETT ENVIRONMENT 08 APPENDIX 3 KOMPLETT SUSTAINABILITY REPORT 2020 CONTENTS Celebrating 25 years 01 INTRODUCTION of innovative change Message from the CEO Komplett´s Sustainability performance at a glance About the report 02 ABOUT KOMPLETT 03 OUR NEW STRATEGY For Komplett, celebrating 25 years of A CHALLENGING YEAR operation is quite a milestone. We have 2020 has been a turbulent year, with large fluctuations in demand, unusual currency volatility, and product shorta- 04 SUSTAINABILITY GOVERNANCE created a business model that is viable ges being some of Komplett’s largest challenges.
    [Show full text]
  • Annual Report 2020 Content
    Annual Report 2020 Content Banking is changing 3 Komplett Bank in brief 4 2020 in numbers 6 Letter from the CEO 8 Shareholder information 10 Board of Directors 12 Management 14 Corporate governance 16 ESG/Sustainability/CSR report 2020 22 Board of Directors’ Report 30 ConfirmationonAnnualReport and Board of Directors’ Report 38 Financial statements 41 Notestothefinancialstatements 46 Auditor’sreport 114 Komplett Bank Annual Report 2020 3 Banking is changing In an increasingly digital society, with a multitude of available options, we understandtheimportanceofflexibility.Wethereforeworkhardtoprovidea high-quality,convenientandflexiblecustomerexperience. 4 Komplett Bank in brief Komplett Bank in brief KomplettBankisaspecialisedconsumerfinancecompanywithanambition forlong-termvaluecreation,offeringavarietyoffinancingsolutionsto creditworthycustomersintheNordicregion.Inanincreasinglydigital market, Komplett Bank is focused on creating value for its customers by offeringflexible,convenientfinancingsolutions,andefficient,customer friendlyprocesses.KomplettBankispursuingagrowthstrategybasedon geographicalandproduct-wisediversificationandexpansion.Itsproduct portfoliocomprisesconsumerloans,creditcards,point-of-salesfinance solutionsandhigh-yielddepositaccounts. Consumer loans Credit cards 70,000 customers 62,000 customers NOK 7,055 million net loans NOK 729 million net loans Point-of-sales finance Deposit accounts 156,000 customers 37,000 customers NOK 577 million net loans NOK 8,992 million deposits Komplett Bank Annual Report 2020 5 Digital
    [Show full text]
  • Interim Report H1/Q2 2021 Highlights
    Interim Report H1/Q2 2021 Highlights Successfully listed on the Oslo Stock Exchange with the first trading day of 21 June 17 per cent revenue increase demonstrates strong continued growth Gross margin continued to improve for B2C and B2B segments 49 per cent improvement in adjusted EBIT supported by a reduction in operational expenses of 1.4 per- centage points from increased operational efficiencies and growth on the existing infrastructure Komplett FLEX successfully launched – a revolutionary way to buy and consume electronic products, reduce waste and promote more sustainable consumption behaviors Acquisition of Ironstone, a strategically attractive add-on for Komplett to play a role in the rapidly growing IT service segment Operating revenue EBIT (adj.)¹ 3 435 118 2 627 93 94 2 409 2 365 2 005 2 061 63 63 33 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 1 Alternative performance measure (APMs) Q1 – Operating revenue2020 - Side2021 1, Figur 1 Q1 – Operating result - Side 1, Figur 2 Page 1 / Report H1/Q2 2021 CEO comments Komplett continued its strong growth trajectory, and increased revenues by approx. NOK 1 billion in the first half of 2021, fuelled by growth in all business segments. Solid progress in gross margins for B2B and B2C segments combi- ned with continued opex improvements resulted in a near doubling of adjusted operating result. We deliver solid profitable top line growth of 17 per cent in Q2, driven by good progress in all our business segments thanks to great efforts from our employees. This improvement comes on top of historically strong comparable figures from last year when our performance in B2C was positively affected by shifts in consumer behaviour following Covid-19.
    [Show full text]