ESTA CONFERENCE Standards to Improve The Cash Cycle May 23r d 24 th, 2011 Area Operations - Spain Department Central Cash Mgmt Type Internal Date 05.2011 El presente documento es propiedad de BBVA y ha sido elaborado para uso exclusivamente interno de los empleados de Banco Bilbao Vizcaya Argentaria, S.A. o cualquier otra entidad del grupo BBVA (en adelante BBVA ) y el Colegio de Farmacéuticos de Barcelona 1
Index 1. INTRODUCTION 2. SPANISH CASH CICLE NOW 3. NEW LINES FOR THE FUTURE 2
Index 1. INTRODUCTION 2. SPANISH CASH CICLE NOW 3. NEW LINES FOR THE FUTURE 3
1. INTRODUCTION FACTS: In Spain, 80% of payments are made in cash Retailers use our branch network as a point of delivery TOPIC: Cash is Expensive OBJECTIVES We don t discuss if cash is expensive or not We know that cash will remain between us for a long time We are trying to focus our efforts on EFFICIENCY 4
Index 1. INTRODUCTION 2. SPANISH CASH CYCLE NOW 3. NEW LINES FOR THE FUTURE 5
2. SPANISH CASH CYCLE NOW PLAYERS: Bank Of Spain (BoS) - Eurosystem Commercial Banks CIT Companies Intermediates Machine Providers Law Forces (National Police, Guardia Civil, Army ) 6
2. SPANISH NETWORK CASH DISTRIBUTION S P A I N Coruña Pont. Lugo Orense. Asturias León Zamora Palencia Valladolid Cantabria Burgos Vizcaya Guip. Álava Navarra La Rioja Soria Zaragoza Huesca Lérida Barcelona Segovia Tarrag. 49.000 Salamanca BANK BRANCHES Guadalajara Teruel Ávila Madrid Castellón Cuenca Cáceres Toledo 65.000 ATM NETWORK Valencia Ibiza Ciudad Real Albacete Badajoz Alicante Formentera Huelva Sevilla Córdoba Jaén Murcia Gerona Mallorca Menorca Cádiz Málaga Granada Almería La Palma Tenerife Lanzarote Gomera Fuerteventura Melilla Hierro Las Palmas Ceuta 7
2. SPANISH NETWORK WHAT IS EXPECTED S P A I N La Palma Tenerife Asturias Lugo Cantabria Vizcaya Guip. Coruña NUMBER OF BANKS Álava Navarra DECREASING Pont. León Burgos Huesca La Rioja Gerona NUMBER Orense. OF BANK BRANCHES DECREASING Lérida Palencia Zamora Barcelona Valladolid Soria Zaragoza NUMBER OF ATM s (DEACREASING TOO?) Segovia Tarrag. Salamanca Guadalajara Teruel Ávila Madrid Castellón Cuenca Cáceres Toledo Mallorca Valencia SAME VOLUME OF CASH Ibiza Huelva Ciudad Real Albacete Badajoz LESS ATM S + LESS BRANCHES Alicante Formentera Sevilla Córdoba Jaén Granada Almería Málaga Cádiz MORE CASH PER BRANCH/ATM Lanzarote Murcia RESULT: Menorca Gomera Fuerteventura Melilla Hierro Las Palmas Ceuta 8
2. BBVA s PROJECTS OPEN FOR VACATIONS We close 15% of our network during ONE MONTH AUGUST IS ALWAYS OUT OF CONTROL G.P.E.C. (Retail Professional Cash Management) We don t want Just Transportation and Countign G.I.E. (End to End) Professional Cash Management (Bank Branches) Forecasting + Bank Barnch ATM Management 9
Index 1. INTRODUCTION 2. SPANISH CASH CYCLE NOW 3. NEW LINES FOR THE FUTURE 10
3. NEW LINES FOR THE FUTURE 1 11 MAKING THE CYCLE SHORTER? AND USING STANDARDS?
3. NEW LINES FOR THE FUTURE 3 Trying to get CASH OUT from the Branches (Retailers) WE NEED STANDRADS COSTS???? 12
3. NEW LINES FOR THE FUTURE 4 Multi-Brand Cash Branches STANDRADS 13
3. CONCLUSIONS THREE PLAYERS: Banks, CIT s & Machine Providers have to be in the same BOAT Try not to earn in 6 months what you have to earn in 5 years STANDARS: Standards will make the cycle shorter and more efficient Standards will help us (all players) to create new solutions (logistics) FROM THIS CRISIS WE NEED TO TAKE ADVANTAGES FOR AN AUTOMATED AND MORE EFFICIENT CASH CYCLE 14
ESTA CONFERENCE Standards to Improve The Cash Cycle May 23r d 24 th, 2011 Area Operations - Spain Department Central Cash Mgmt Type Internal Date 05.2011 El presente documento es propiedad de BBVA y ha sido elaborado para uso exclusivamente interno de los empleados de Banco Bilbao Vizcaya Argentaria, S.A. o cualquier otra entidad del grupo BBVA (en adelante BBVA ) y el Colegio de Farmacéuticos de Barcelona 15