V Tashkent International Investment
Financial Forum
4 – 8 April 2012
CJCS UzKDB Bank 1 +99871 120 80 00 www.kdb.uz

CJCS UzKDB Bank 2 +99871 120 80 00 www.kdb.uz

Current Structure
KDB Financial Group
KDB Profile
Global Presence
3 CJCS UzKDB Bank +99871 120 80 00 www.kdb.uz

Current Structure
(as of March 2012)
100%
9.7%
43%
Government
100%
Korea Finance Corporation 1
90.3%
KDB Financial Group
99.9% 100% 84.2%
KDB
85.05% 2
KDB Life Insurance
Daewoo Sec.
KDB Capital KDB Asset Mgmt KIAMCO
1
2
Ownership through any entity in which the government holds more than 50% of its voting rights, construed as ownership by the government.
Consists of the 60.35% stake held by SPC and the 24.70% stake held by PEF
CJCS UzKDB Bank 4
4 www.kdb.uz

KDB Financial Group
- Established : Oct. 28, 2009
- Ownership : 100% Government
- Total asset : KRW172 trillion (End of 2011)
- Combined strengths of Korea’s leading institutions in the banking, securities, capital, and asset management markets
100% Owned by the government through KDB FG
Business areas
-Corporate Banking
-Investment Banking
-Corporate Restructuring
-Consulting & Research
-Retail Banking
Established leader in domestic corporate banking with global competitiveness in investment banking
No. of Employees : 2,465
No. of Offices : 73 (Including overseas)
Asset Size : KRW 149trn (End of 2011)
43%
Business areas
-Retail
-Investment Banking
-Wealth Management
-Trading
99.9%
Business areas
-Lease
-Venture Capital
-Factoring
100%
Business areas
- Asset Management
(equity/bond/hybrid funds)
-Trust Management
-Investment Advisory
Uncontested position in the domestic capital market
Highest M/S in brokerage and primary market
Most favored venture capital offering diverse public venture funds and incubation services
Comprehensive asset management
Top 10 in AUM
Established: Sep. 1970
No. of Offices : 131
Asset Size : KRW 21trn
Established: Dec. 1972
No. of Offices : 4
Asset Size : KRW 2.8trn
Established: Jul. 1996
No. of Offices : 1
Asset Size : KRW 80.5bn
84.2%
Business areas
-Infrastructure & Special
Assets Fund Management
Korea’s first and largest asset management company specializing in infrastructure funds & alternative investments
Established: Oct. 2003
No. of Offices : 1
Asset Size : KRW 18.1bn
(End of 2011, Consolidated Basis)
CJCS UzKDB Bank 5
5 www.kdb.uz

KDB Profile
Quasi Sovereign
Status
Expertise &
Know-how
 100% Government owned (Includes indirect ownership)
 Government responsible for maintaining KDB’s solvency under the KDB Act
 Strong intention of Government to nurture KDB into a Global Financial Services Institution
 Pioneered development of Korea’s financial industry
 Accumulated financial know-how in Corporate & Investment Banking
 Window for foreign currency funding
Solid Capital
 BIS Ratio : 15.48%
 Tier 1 : 14.58%
Asset Size & Composition (Unit: KRW bil.)
157 613
122 333
113 205
131 896
34 016
(27%)
Credit Rating
Moody ’ s S&P Fitch R&I
Effective Apr. 14. 10 Oct. 28. 09 Sep. 9. 09 Oct. 30. 09
80 308
(60%)
7 200
2 470 7 902
Rating (ST) A1 (P-1) A (A-1) A+ (F1) A+ (a-1)
2008 2009 2010 3Q 2011
CJCS UzKDB Bank 6
6 www.kdb.uz

Europe
North America
New York
Ireland
London
Frankfurt
Hungary
Asia
Beijing
Shenyang
Seoul (HQ)
Tokyo
Shanghai
Guangzhou
Hong Kong
Africa
Branch
Subsidiary
Representative office
Headquarters
South America
Sao Paulo
Domestic: 60 branches
Overseas: 7 branches (New York, London, Tokyo, Singapore, Shanghai, Guangzhou, Beijing)
5 subsidiaries (Hong Kong, Hungary, Brazil, Ireland, Uzbekistan)
2 representative offices (Frankfurt, Shenyang)
CJCS UzKDB Bank 7
Singapore
Tashkent
South Pacific
7 www.kdb.uz

Vision & Strategy
Phase 2: Global Top 20 Financial Group
Phase 1: Asia Top 20 Financial Group
Core Business
Raise
Competitiveness
Corporate
Banking
Investment
Banking
Asset
Management
＞ Enhance Financial Structure
＞ Increase Profitability and Competence in Core Business Areas
＞ Expand Deposit Base
CJCS UzKDB Bank 8
28 www.kdb.uz

32, Oybek Street, Mirabad District, 100015 Tashkent, Uzbekistan
SWIFT: UZDAUZ22

(Purchase of UzDaewoo Bank and RBS Uzbekistan)



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CJCS UzKDB Bank 10 +99871 120 80 00 www.kdb.uz

UzKDB Bank reputation of stable
& reliable
Financial institution
…always moving forward… a full range high quality banking services wide range of strong customers stretching from entrepreneurs to business elite creating value-added business opportunities
& new banking services
CJCS UzKDB Bank 11 +99871 120 80 00 www.kdb.uz

1997-2006 2006
2006 – up to present
UzKDB Bank is the successor UzDaewoo
Bank, which was founded in 1997 as part of the international expansion of Daewoo
Group and its financial department Daewoo
Securities.
CJCS UzKDB Bank
UzDaewoo Bank was recreated on May 5, 2006 as UzKDB Bank
(Uzbekistan-Korea
Development Bank) and starting from this day the
Bank is engaged in its activity on the basis of
License # 5 issued by the
Central Bank of the
Republic of Uzbekistan.
12
During this period Board of the Bank worked on enlargement of Bank’s activity and reinforcement of financial statements. The total capital is increased by 24.7 % during 2011 and amounted in USD
34.0 million at the end of
FY 2011.
+99871 120 80 00 www.kdb.uz

Assets:
Total Equity:
Branches:
Mini-banks:
Audit company:
UzKDB Bank (latest data)
Ownership structure:
Shareholders:
Closed Joint Stock Company
 Korea Development Bank (61.11 %)
 EBRD (27.78 %)
 NBU (5.56 %)
 JSC Turon Bank (5.56 %)
 418.0 mln. in USD equivalent
 34.0 mln. in USD equivalent
 1
 2
 Ernst & Young, Tashkent
CJCS UzKDB Bank 13 +99871 120 80 00 www.kdb.uz

UzKDB Bank offers comprehensive financial services across diverse areas based on qualified experience. Our Bank's business profile is primarily oriented to corporate clients and banking services to corporate clients who provide the main part of assets and profits of the bank.
Conversion and
Remittance
Services
UzKDB Bank
Services
International payments and
Visa services
Export &
Import
Operations
Local
Transactions
Services
CJCS UzKDB Bank
Loan operations
Local
Plastic
Cards
Services
14
Treasury
Services
+99871 120 80 00 www.kdb.uz

Our Bank established strong and reliable relationships with highly reputable commercial banks in Europe, Asia, USA, CIS countries and successfully conducts correspondent relations in different currencies.
Our main correspondent banks are:
 JP Morgan Chase (USA)
 Commerzbank AG (Germany)
 KEB Seoul (Republic of Korea)
 VTB Bank (Russian Federation)
 NBU (Uzbekistan) etc.
Based on our extensive financial know-how and using the global network of KDB
Seoul we are continuing our international expansion and cooperation in order to give a solid support to our customers in their international operations.
CJCS UzKDB Bank 15 +99871 120 80 00 www.kdb.uz

UzKDB Bank is a safe bank, because of:
 Conservative Credit Policy;
 Well established Assets and Liabilities management;
 The limits for interbank placements are set by KDB Headquarters based in Seoul;
 Unlike other local banks in Uzbekistan, UzKDB Bank has an access for analysis of financial institutions carried out by KDB, and has competitive knowledge about the situation in international markets;
 FX position of the bank is positive and stable;
 UzKDB Bank makes interbank placements only with first class international banks with highest investment ratings and carries out periodical analysis of counterparty banks.
CJCS UzKDB Bank 16 +99871 120 80 00 www.kdb.uz

Financial Position
Total Assets
Total Liabilities
Total Equity
Income statement
Operating Income
Operating expenses
Profit before income tax
Income tax
Net Profit
CJCS UzKDB Bank
Items Unit FY2011 FY2006 % Increase
UZS mln 752,087.4
UZS mln 689,973.7
UZS mln 62,113.7
85,458.9
66,807.8
18,651.1
780.1
932.8
233.0
UZS mln
UZS mln
UZS mln
UZS mln
UZS mln
17
26,107.5
13,909.5
12,197.9
2,798.1
9,399.9
9,447.0
4,449.1
176.4
212.6
4,997.9
1,037.9
144.1
169.6
3,960.0 137.4
+99871 120 80 00 www.kdb.uz

77, Nasirova street, Yunus Abad District, 100084 Tashkent, Uzbekistan
SWIFT: KODBUZ22
CJCS UzKDB Bank 18
8 www.kdb.uz

History of RBS Uzbekistan
 1996 - Founded as ABN AMRO Bank NB Uzbekistan A.O.
 2008 - Renamed to RBS NB Uzbekistan CJSC subsequent to the global acquisition by The Royal Bank of Scotland Group
 2009 - RBS Uzbekistan – Award “ Best Bank in Uzbekistan ” by Euromoney magazine
 2010 - RBS Group agrees to sell RBS Uzbekistan to Korea Development
Bank
 2011 - KDB acquired majority stake in RBS Uzbekistan and the Bank
(Nov) became part of KDB Financial Group
 The name “ RBS NB Uzbekistan CJSC ” is used under Transitional Trade Mark
License Agreement signed with RBS Group
CJCS UzKDB Bank 19 +99871 120 80 00 www.kdb.uz

Bank’s profile
 Shareholders are: KDB – 82.35% and NBU – 17.65%.
 RBS Uzbekistan has advanced Relationship Management service compared to other banks
 The Bank implements enhanced Know Your Client Policy and advanced operating system leading to efficient risk management
 Corporate customer segmentation
 Subsidiaries/joint venture companies of multinational companies and large local enterprises
 Small businesses, representation offices of international companies and diplomatic missions
 Corporate staff and card accounts
 Sector of economy
 Integrated energy
 Automotive
 Telecommunication
 Textile and etc

Bank’s profile (continued)
Product offering
 Transaction Banking - current accounts, trade finance, physical cash, bank transfers, international clearing, collection services
 Treasury - currency exchange, money market instruments, trading, plain vanilla derivatives
 Credit Structuring - overdrafts and loan facilities
 Principal Member of MasterCard International Payment System, fully authorized for issuance and acquiring of MC cards. Licensed by Visa International as an Affiliate
Member

Financial Performance
Volume of Assets and Equity (UZS mln)
Description
Total assets
Total equity
FY 2011
539,627
41,527
FY 2010
543,097
36,544
FY 2009
551,734
31,312
 Total assets remained almost the same while the bank tightly controlled its cost base
 In 2011, the Bank increased the capital base by injecting the retained earnings
(UZS 12 bln) of the previous years into share capital

CJCS UzKDB Bank 23 +99871 120 80 00 www.kdb.uz

 By acquiring previously UzDaewoo bank and later RBS
Uzbekistan, KDB wants to expand its business activities in
Uzbekistan and to contribute more to economic prosperity by sharing and combining KDB’s accumulated banking service know-how, advanced financial knowledge as well as the expertise as a leading Asian bank
 In late 2012, KDB will integrate RBS NB Uzbekistan with
UzKDB Bank as soon as all required actions would be taken to enhance the management efficiency and empower the synergy of resources belonging to both banks
 In the long term, KDB wants to grow its presence in Central
Asia
CJCS UzKDB Bank 24 +99871 120 80 00 www.kdb.uz

 New Bank (after merging UzKDB and RBS Uzbekistan) will continue to serve clients with current valuable employees at the same service level by maintaining best internationally banking practices
 The bank will continually and progressively contribute to the economic growth of Uzbekistan by:
 contributing to Uzbekistan’s financial market development through performance of advanced universal banking services
 provision of consulting and financial services for social sphere and natural resources development
 engagement in other banking business activities
CJCS UzKDB Bank 25 +99871 120 80 00 www.kdb.uz

 Main focus will continue to be on existing and new clients
 Pro-actively cross-selling products
 Increasing the loan portfolio prudently by providing credit facilities to clients with sufficient cross selling products
 Developing strong leadership positions in trade business (import finance, discounted L/Cs, LGs) and commodity finance & trading
 Delivering comprehensive regional and domestic cash management solutions, payment & collection services for clients
 Continue delivering comprehensive cash/salary arrangement solutions
 Proceeding with initiatives on attracting physical cash in local currency
 Launching FX swap, FX options and other “plain vanilla” derivatives instruments with a proposal of managing and hedging foreign currency and commodity risks for customers
 Expand cooperation with local financial institutions on money and foreign exchange markets
CJCS UzKDB Bank 26 +99871 120 80 00 www.kdb.uz

CJCS UzKDB Bank
THANK YOU!
27 +99871 120 80 00 www.kdb.uz