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AS Inbank

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2138005M92IEIQVEL297

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Majandustegevusalad

Finants- ja kindlustustegevus

Sektor(id)

Krediidiasutus

Emitendi registreeritud asukoht

Eesti

Üldandmed

Kategooriad

Juhtkonna vaheteadaanne või kvartaalne finantsaruanne

Teate ID

6502

Esitamise kuupäev ja aeg

21.02.2018 15:31:03

Teate sisu eesti keeles

Pealkiri

Inbank AS-i 2017. aasta neljanda kvartali majandustulemused

Teade

Inbanki konsolideeritud kasum 2017. aasta neljandas kvartalis oli 183 tuhat
eurot. 2017. aasta kogukasum oli 7,5 miljonit eurot, mis on võrreldes eelmise
aastaga 4,8 miljonit eurot rohkem.
Neljandas kvartalis mõjutas Inbanki kasumit enim muudatus Läti
tulumaksuseaduses, mille tõttu oli vaja Läti ettevõtte bilansis olev maksuvara
raamatupidamislikel põhjustel bilansist välja kanda. Seadusemuudatus tõi kaasa
erakorralise kahjumi summas 389 tuhat eurot. 

Kõigi Inbanki toodete müügimahud kasvasid 2017. aastal märkimisväärselt.
Inbanki laenuportfell suurenes neljandas kvartalis 7,5%, ulatudes kvartali
lõpuks 92,9 miljoni euroni. Aastaga on laenuportfell kasvanud 43,3 protsendi
ehk 28,1 miljoni euro võrra. 

Inbanki hoiuseportfell suurenes neljandas kvartalis 21,4% võrra, ulatudes
kvartali lõpuks 95,1 miljoni euroni. Aastaga on Inbanki hoiuseportfell kasvanud
47,2 protsendi ehk 30,5 miljoni euro võrra. Portfelli tugevat kasvu toetas
aasta lõpus läbi viidud kampaania, mis võimaldas klientidel enne 2018. aastat
avatud hoiustelt intressi kätte saada kohe ning tulumaksuvabalt. 

Inbanki juhatuse esimehe Jan Andresoo sõnul näitasid Eestis korralikku müüki
kõik panga tooteliinid. “Aasta jooksul suutsime järelmaksu mahte kasvatada 12,3
protsenti, mis on toote küpsust arvestades väga tugev tulemus. Laenumüük kasvas
eelmise aastaga võrreldes tervelt 147,7 protsenti,” ütles Andresoo. 

Inbanki tugevat kasvu koduturul illustreerib ka Eesti Panga statistika. Inbank
on Swedbanki järel tõusnud suuruselt teiseks tarbimislaenude pakkujaks pankade
seas: Inbanki turuosa tagatiseta tarbimislaenude uues müügis oli eelmisel
aastal 26%. 

Poolas alustas Inbank neljandas kvartalis müügitegevust partnerkanalis. “Pakume
hetkel nii Rankomati kui ka ASF-i klientidele kindlustustoodete kuumaksete
finantseerimist, mis on Poola turul uus ja innovaatiline lahendus ning mis võib
kujuneda väga atraktiivseks turunišiks. Lisaks on käimas mitmed huvitavad
läbirääkimised võimalike uute partneritega,” rääkis Andresoo. 

Viimases kvartalis näitas positiivset dünaamikat Inbanki Läti ettevõte, kus
ärimahud on pärast strateegia muutmist taas kasvule pööranud. “Oleme saanud
juurde mitmeid uusi järelmaksupartnereid. Nüüdseks on meie enda
internetipangast saanud laenumahu lõikes suurim Inbanki müügikanal Lätis,”
ütles Andresoo. 



Olulised finantsnäitajad seisuga 31. detsember 2017

  -- Bilansimaht 126 miljonit eurot
  -- Laenuportfelli suurus 92,9 miljonit eurot
  -- Hoiuste maht 95,1 miljonit eurot 
  -- Puhaskasum 7,5 miljonit eurot 
  -- Omakapital 22 miljonit eurot 
  -- Omakapitali puhastootlikkus 44,1%



Lühendatud konsolideeritud kasumiaruanne ja muu koondkasumiaruanne

EURt                                                                            
                                            IV kv    12 kuud    IV kv    12 kuud
                                             2017       2017     2016       2016
--------------------------------------------------------------------------------
                                                                                
Intressitulu                                3 645     13 023    2 886      9 788
Intressikulu                                 -537     -2 009     -473     -1 404
--------------------------------------------------------------------------------
Neto intressitulu                           3 108     11 014    2 413      8 384
--------------------------------------------------------------------------------
                                                                                
Teenustasutulu                                153        551      119        394
Teenustasukulu                               -168       -607      -85       -334
--------------------------------------------------------------------------------
Neto teenustasutulu                           -15        -56       34         60
--------------------------------------------------------------------------------
                                                                                
Muud põhitegevusega seotud tulud              162        705      188        776
                                                                                
--------------------------------------------------------------------------------
Neto intressi- ja teenustasutulu ja muud    3 255     11 663    2 635      9 220
 tulud kokku                                                                    
--------------------------------------------------------------------------------
                                                                                
Personalikulud                             -1 089     -3 997     -682     -2 461
Turunduskulud                                -249       -929     -174       -566
Halduskulud                                  -457     -1 602     -383     -1 014
Põhivara kulum                                -58       -215      -39       -174
-------------------------------------------------------------         ----------
Tegevuskulud kokku                         -1 853     -6 743   -1 278     -4 215
--------------------------------------------------------------------------------
                                                                                
--------------------------------------------------------------------------------
Kasum enne laenude allahindluse kulu        1 402      4 920    1 357      5 005
--------------------------------------------------------------------------------
                                                                                
Kasum sidusettevõtetelt                        15      6 203      261        773
Laenude allahindluse kulu                    -877     -3 532     -716     -3 219
--------------------------------------------------------------------------------
Aruandeperioodi kasum enne tulumaksu          540      7 591      902      2 559
--------------------------------------------------------------------------------
                                                                                
Tulumaks                                     -313        -92       34         57
Aruandeperioodi puhaskasum                    227      7 499      936      2 616
--------------------------------------------------------------------------------
                                                                                
Muu koondkasum/-kahjum                                                          
Kirjed, mida võib edaspidi                                                      
 klassifitseerida kasumiaruandesse                                              
Realiseerumata kursivahed                     -44        -38        2          2
Aruandeperioodi koondkasum                    183      7 461      938      2 618
--------------------------------------------------------------------------------
                                                                                
Puhaskasum omistatud                                                            
Emaettevõtte omanikud                         225      7 496      934      2 646
Mittekontrolliv osalus                          2          3        2        -30
Aruandeperioodi puhaskasum                    227      7 499      936      2 616
--------------------------------------------------------------------------------
                                                                                
Kokku koondkasum omistatud                                                      
Emaettevõtte omanikud                         181      7 458      937      2 649
Mittekontrolliv osalus                          2          3        1        -31
--------------------------------------------------------------------------------
Aruandeperioodi koondkasum                    183      7 461      938      2 618
--------------------------------------------------------------------------------



Lühendatud konsolideeritud finantsseisundi aruanne

                                                     
EURt                                                                       
                                                     31.12.2017  31.12.2016
                                                                           
---------------------------------------------------------------------------
                                                                           
Varad                                                                      
Sularaha                                                      4           4
Nõuded keskpangale, sh kohustuslik reservkapital         14 767      14 680
Nõuded krediidiasutustele                                 8 530       1 956
Laenud ja nõuded klientidele                             92 895      64 839
Investeeringud sidusettevõtetesse                         7 806           1
Materiaalsed varad                                          279         183
Immateriaalsed varad                                        816         902
Muud finantsvarad                                            61          43
Muud varad                                                  459         214
Edasilükkunud tulumaksu vara                                364         449
Müügiks hoitavad sidusettevõtted                              0       1 672
---------------------------------------------------------------------------
Varad kokku                                             125 981      84 943
---------------------------------------------------------------------------
                                                                           
Kohustised                                                                 
Klientide hoiused                                        95 056      64 587
Muud finantskohustised                                    1 263       1 034
Muud kohustised                                           1 136         722
Tulumaksu kohustis                                            0         321
Allutatud võlaväärtpaberid                                6 480       6 475
---------------------------------------------------------------------------
Kohustised kokku                                        103 935      73 139
---------------------------------------------------------------------------
                                                                           
Omakapital                                                                 
Aktsiakapital                                               782         689
Ülekurss                                                  9 068       6 361
Kohustuslik reservkapital                                    79          57
Muud reservid                                             1 352       1 361
Jaotamata kasum                                          10 739       3 330
---------------------------------------------------------------------------
Emaettevõtte aktsionäridele kuuluv omakapital kokku      22 020      11 798
---------------------------------------------------------------------------
Mittekontrolliv osalus                                       26           6
---------------------------------------------------------------------------
Omakapital kokku                                         22 046      11 804
---------------------------------------------------------------------------
                                                                           
---------------------------------------------------------------------------
Kohustised ja omakapital kokku                          125 981      84 943
---------------------------------------------------------------------------



Aastal 2015 pangana tegutsemist alustanud Inbank pakub teenuseid oma
internetipanga ja partnervõrgustiku kaudu. Inbank tegutseb Eesti, Läti ja Poola
tarbijafinantseerimise turul. Lisaks kaasatakse rahvusvahelisi hoiuseid
Saksamaa ja Austria turult. 


         Kristin Pihu
         Inbank AS
         Turundus- ja kommunikatsioonispetsialist
         +327 5348 2436
         [email protected]

Teate sisu inglise keeles

Pealkiri

Financial results of Inbank AS for Q4 2017

Teade

Inbank's consolidated profit in Q4 of 2017 was 183 thousand euros. The total
profit for 2017 was 7.5 million euros, which is 4.8 million euros more than
last year.
In Q4, Inbank’s profit was impacted the most by changes in Latvian Income Tax
Act, which required the write-off of the Latvian company’s income tax assets.
This resulted in an extraordinary loss in amount of 389 thousand euros. 

In 2017, sales volumes for all bank products saw significant growth. Inbank’s
loan portfolio increased by 7.5% in Q4, reaching 92.9 million euros by the end
of the quarter. Over the year, the loan portfolio grew 43,3% per cent – 28.1
million euros in absolute terms. 

Inbank’s deposits portfolio increased by 21.4% in Q4, reaching 95.1 million
euros by the end of the quarter. Over the year, the deposits portfolio grew
47.2 per cent – 30.5 million euros in absolute terms. The strong growth of the
portfolio was supported by a campaign held toward the end of the year, which
allowed customers to receive – immediately and tax-free – interest on deposits
opened before 2018. 

According to the chairman of Inbank’s management board, Jan Andresoo, all of
the bank’s product lines in Estonia posted a good sales performance. “Overall
for the year, we were able to grow our hire-purchase volumes by 12.3 per cent
compared to last year, which is a very strong result given the maturity of the
product. Sales of loans grew a whopping 147.7 per cent compared to the previous
year.” 

Inbank’s strong growth is also illustrated by statistics from the Bank of
Estonia. Among banks, Inbank is now second only to Swedbank as a provider of
consumer loans, holding a 26 percent share of the market for unsecured consumer
loans last year. 

In Poland, Inbank started sales activity through a partner channel in Q4. “We
currently offer financing of monthly payments on insurance products for both
Rankomat and ASF customers. It’s a new and innovative solution on the Polish
market and could potentially become a very attractive market niche. A number of
interesting negotiations with potential new partners are now under way,” said
Andresoo. 

In the last quarter, Inbank’s Latvian subsidiary showed a positive dynamic –
after a change of strategy, they have turned their business volumes toward
growth once again. “We have gained a number of new partners in the field of
hire-purchase. Our own online banking interface has become Inbank’s biggest
sales channel in Latvia in terms of loan volumes,” Andresoo said. 



Key financial indicators as at 31 December 2017

  -- Total assets 126 million euros
  -- Loan portfolio 92.9 million euros
  -- Deposits volume 95.1 million euros
  -- Net profit 7.5 million euros
  -- Equity 22 million euros
  -- Net return on equity 44.1%



Condensed consolidated statement of profit and loss and other comprehensive
income 

EURt                                                                            
                                              Q4   12 months      Q4   12 months
                                            2017        2017    2016        2016
--------------------------------------------------------------------------------
Continuing operations                                                           
Interest income                            3 645      13 023   2 886       9 788
Interest expense                            -537      -2 009    -473      -1 404
--------------------------------------------------------------------------------
Net interest income                        3 108      11 014   2 413       8 384
--------------------------------------------------------------------------------
                                                                                
Fee income                                   153         551     119         394
Fee expense                                 -168        -607     -85        -334
--------------------------------------------------------------------------------
Net fee and commission income                -15         -56      34          60
--------------------------------------------------------------------------------
                                                                                
Other operating income                       162         705     188         776
                                                                                
--------------------------------------------------------------------------------
Total net interest, fee and other income   3 255      11 663   2 635       9 220
--------------------------------------------------------------------------------
                                                                                
Staff costs                               -1 089      -3 997    -682      -2 461
Marketing expenses                          -249        -929    -174        -566
Administrative expenses                     -457      -1 602    -383      -1 014
Depreciations, amortisation                  -58        -215     -39        -174
-------------------------------------------------------------        -----------
Total operating expenses                  -1 853      -6 743  -1 278      -4 215
--------------------------------------------------------------------------------
                                                                                
--------------------------------------------------------------------------------
Profit before impairment losses on loans   1 402       4 920   1 357       5 005
--------------------------------------------------------------------------------
                                                                                
Share of profit from affiliates               15       6 203     261         773
Impairment losses on loans                  -877      -3 532    -716      -3 219
--------------------------------------------------------------------------------
Profit before income tax                     540       7 591     902       2 559
--------------------------------------------------------------------------------
                                                                                
Deferred income tax                         -313         -92      34          57
Net profit for the reporting period          227       7 499     936       2 616
--------------------------------------------------------------------------------
                                                                                
Other comprehensive income/loss                                                 
Items that may be reclassified                                                  
 subsequently to profit or loss                                                 
Unrealised foreign exchange gains/losses     -44         -38       2           2
Total comprehensive income for the           183       7 461     938       2 618
 reporting period                                                               
--------------------------------------------------------------------------------
                                                                                
Profit is attributable to                                                       
Owners of the parent                         225       7 496     934       2 646
Non-controlling interest                       2           3       2         -30
Profit for the reporting period              227       7 499     936       2 616
--------------------------------------------------------------------------------
                                                                                
Total comprehensive income/loss is                                              
 attributable to                                                                
Owners of the parent                         181       7 458     937       2 649
Non-controlling interest                       2           3       1         -31
--------------------------------------------------------------------------------
Total comprehensive income for the           183       7 461     938       2 618
 reporting period                                                               
--------------------------------------------------------------------------------



Condensed consolidated statement of financial position

EURt                                                                            
                                                          31.12.2017  31.12.2016
                                                                                
--------------------------------------------------------------------------------
                                                                                
Assets                                                                          
Cash in hand                                                       4           4
Due from central banks, including mandatory reserve           14 767      14 680
Due from credit institutions                                   8 530       1 956
Loans to and receivables from customers                       92 895      64 839
Investments in affiliates                                      7 806           1
Tangible assets                                                  279         183
Intangible assets                                                816         902
Other financial assets                                            61          43
Other assets                                                     459         214
Deferred tax assets                                              364         449
Assets held for sale                                               0       1 672
--------------------------------------------------------------------------------
Total assets                                                 125 981      84 943
--------------------------------------------------------------------------------
                                                                                
                                                                                
Customer deposits                                             95 056      64 587
Other financial liabilities                                    1 263       1 034
Other liabilities                                              1 136         722
Income tax liability                                               0         321
Subordinated debt securities                                   6 480       6 475
--------------------------------------------------------------------------------
Total liabilities                                            103 935      73 139
--------------------------------------------------------------------------------
                                                                                
Equity                                                                          
Share capital                                                    782         689
Share premium                                                  9 068       6 361
Statutory reserve capital                                         79          57
Other reserves                                                 1 352       1 361
Retained earnings                                             10 739       3 330
--------------------------------------------------------------------------------
Total equity attributable to the shareholders of parent       22 020      11 798
 company                                                                        
--------------------------------------------------------------------------------
Non-controlling interest                                          26           6
--------------------------------------------------------------------------------
Total equity                                                  22 046      11 804
--------------------------------------------------------------------------------
                                                                                
--------------------------------------------------------------------------------
Total liabilities and equity                                 125 981      84 943
--------------------------------------------------------------------------------


Inbank, which started operating as a bank in 2015, offers services via its
internet bank and a partner network. Inbank operates on the consumer financing
markets of Estonia, Latvia and Poland. Inbank also receives international
deposits from the German and Austrian markets. 


         Kristin Pihu
         Inbank AS
         Marketing and Communication Specialist
         +327 5348 2436
         [email protected]