Munich - UBI Banca

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Group Results Page 22 Balance sheet in million euro 9M2010 Change 9M10/9M09 Loans to customers 101,195 4.8% Direct funding 103,876 8.7% Indirect funding (AuM + AuC) 79,036 0.7% Total assets 131,744 7.7% Loans to customers / total assets 76.8% Income statement in million euro 9M2010 Chance 9M10/9M09 Net Interest income 1,594 -13.5% Net commissions 872 -1.3% Operating income 2,586 -12.3% Staff costs (1,107) -1.1% Staff costs net of non recurring items (1,074) -4.0% Other administrative expenses (568) 1.9% D&A (183) 5.5% Operating costs (1,859) 0.5% Operating costs net of non recurring items (1,826) -1.3% Net operating income 727 -33.7% Net impairment losses on loans (456) -23.1% Net profit for the period 198 5.6% Economic results as at 30 September 2010 vs 30 September 2009 Growth in Loans: market share up from 6.12% in Sept. 2009 to 6.24% in September 2010. Focus on traditional banking business (approx. 77% of total assets are represented by loans to customers). Funding plan on institutional markets for 2010 already completed. Total Indirect funding stable, with YoY increase in AuM (+3.4%) and decrease in AuC (-3.2%). Strong improvement in NII in 3Q2010, benefiting from the first effects of support manoeuvres put in place at the end of 2Q2010 (progressive repricing of spreads and investment in Italian Government bonds). NII expected to improve further in 4Q2010. Commission income virtually in line with September 2009. Net of one off costs related to Trade Union Agreement signed in May 2010 (33.2 million euro), staff costs are down YoY (-4%). Out of 900 exits agreed in May, 500 resources have left the Group within 30 September 2010. First savings expected in 4Q2010, and 70 mln at regime in 2011. Improvement in net impairment losses on loans, down to 60 bps in the first 9 months of the year versus 82 in the same period in 2009.
Group BIC codes Page 23 � BIC ACTIVE � BIC NON ACTIVE BLOPIT22 CABI LU LL BEPOIT21 BCABIT21 BREUITM1 POCIITM1 BPAMIT31 CARMIT31 BVCAIT21 BPGGITG1 BLPIIT21 <strong>UBI</strong>B ES MM BEPO DE MM Madrid Branch <strong>Munich</strong> Branch
Page 1 and 2: A world of services for Corporate a
Page 3 and 4: Agenda Page 3 UBI Banca Group UBI B
Page 5 and 6: Background UBI Banca was created on
Page 7 and 8: Solid Ratings Page 7 STANDARD & POO
Page 9 and 10: Northern Italy Central Italy Southe
Page 11 and 12: Product Companies (1/2) Data as at
Page 13 and 14: Agenda Page 13 UBI Banca Internatio
Page 15 and 16: Presence in the world UBI Banca is
Page 17 and 18: Foreign Banks Page 17 Established i
Page 19 and 20: UBI Banca Correspondent Banking Ali
Page 21: Agenda Page 21 Annex Group Results

Munich - UBI Banca

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