Individual banking. Business Review. 03 Corporate Profile. 02 Management Report. 04 Management Discussion and Analysis. 01 Financial Highlights
|
|
- Rebecca Daniella Barnett
- 6 years ago
- Views:
Transcription
1 01 Financial Highlights 02 Management Report Business Review PT Bank Central Asia Tbk 03 Corporate Profile 04 Management Discussion and Analysis Business Support Individual banking 2016 Annual Report 05 Corporate Governance 06 Corporate Social Responsibility Financial Review 07 Consolidated Financial Statements
2 BCA achieved its position as the first choice for individual banking by providing a comprehensive range of attractive individual banking products and services. The wide range of individual banking products are designed to meet the needs of different market segments, particularly the growing middle-class. Consumer Loans Portfolio (in billion Rupiah) 59,415 63,959 31,612 34,817 9,483 10, Mortgage Vehicle Loans Credit Card BCA developed the Individual Banking business to serve various market segments. Over the last decade, BCA saw that the growing middle class and professionals have had a positive impact on the Indonesian economy as seen by growing consumption and higher demand for financial services. This trend has triggered the Bank to address the need for targeted individual banking products and services. The Bank reaches a wide community with its extensive branch network in Indonesia. BCA offers a range of individual banking products, such as mortgages, vehicle loans, credit card, bancassurance and investment products. The Bank works to study the characteristics and needs of its customers, offering customized banking solutions that are suited to specific market segments. For the affluent customer segment and high networth individuals, the Bank has developed specialized Prioritas Banking services at most BCA branches and Solitaire services at two exclusive lounges at premium locations of Jakarta. PT Bank Central Asia Tbk 2016 Annual Report 129
3 01 Financial Highlights 02 Management Report 03 Corporate Profile 04 Management Discussion and Analysis 05 Corporate Governance 06 Corporate Social Responsibility 07 Consolidated Financial Statements 04 Prioritas & Solitaire Services and Wealth Management In offering investment products, BCA pays careful attention to BCA Prioritas serves customers in the affluent market segment. the risk profiles and preferences of its customers. The Bank s This customer segment represents one of the most important mutual funds products are selected in collaboration with business segments for the Bank. BCA Prioritas is designed to reputable and proven Investment Managers. Working with a provide a relaxed and comfortable banking environment as number of insurance providers, including AIA, BCA Life, and well as specialized banking and investment products to meet BCA Insurance, the Bank offers a wide range of bancassurance the banking needs of this customer segment. products. Growing public awareness of the need for insurance and the relatively low market penetration rate, open up As of 2016, BCA operates 163 Prioritas branches at many of excellent opportunities for BCA to offer insurance products in the Bank s branches, offering banking products and services accordance with the needs of the Bank s customers. to affluent customers. In addition to the standard products and services, such as transaction services, mortgages, vehicle BCA also provides a Solitaire service to facilitate the growing financing and bancassurance, Prioritas customers have access needs of Indonesia s high net-worth individuals. Aside from to comprehensive wealth management solutions, including all of the services available to Prioritas customers, Solitaire mutual funds, government bond investments, premium credit customers have access to two exclusive lounges in premium cards, priority safe deposit box services and special foreign locations in Jakarta and are assisted by highly-trained and exchange rates. In collaboration with trusted business partners, competent personal financial advisors. Solitaire services BCA Prioritas is able to offer exclusive programs related to are offered to select clients and are based on face to face health, education, business networking, travel and lifestyle. gatherings to strengthen relationships with these customers. BCA Prioritas customers also have priority access to the 24hour HaloBCA Prioritas call center, BCA Prioritas website and In order to better understand the characteristics of these community magazine. customers and to recognize their financial needs, BCA continuously develops and improves its Customer Relationship 130 PT Bank Central Asia Tbk 2016 Annual Report
4 Management system. This system allows the Bank to offer the most suitable products and services while supporting crossselling efforts. BCA continues to focus on applying targeted marketing strategies in order to satisfy the specific needs of individual customers. Leading in Consumer Lending In line with the increasingly complex needs of the middle class, BCA has focused consumer lending on mortgages and vehicle financing. In the last decade, consumer lending, including credit card portfolio, has grown 29.2% CAGR and reached Rp trillion at the end of Mortgages BCA constantly works to expand its mortgage portfolio and is the largest provider of non-subsidized mortgages in Indonesia. The Bank offers competitive rates on mortgages as a strategy to maintain its strategic position in the market and drive sustainable loan growth. In 2016, BCA reduced mortgage interest rates by basis points to stimulate loan demand. The Bank re-launched the signature 6-year Fix & Cap mortgage product with competitive interest rates (3 years at 7.99% fixed interest plus a maximum 3-year cap of 8.99%) in addition to a 5-year fixed-interest product at 9%. These competitive products are made possible by the Bank s stable and low-cost Current Account and Savings Accounts (CASA) funds. The Bank s mortgage portfolio has grown 30.8% CAGR in the last decade and closed 2016 at Rp 64.0 trillion. In 2016, new mortgage bookings were recorded at Rp 22.0 trillion, compared with a rundown of Rp 17.4 trillion, resulting in total growth on the mortgage portfolio of Rp 4.6 trillion or 7.6% from last year s Rp 59.4 trillion. Mortgages contributed 58.4% to the Bank s total consumer loan portfolio and 15.4% to the overall bank loan portfolio. In the midst of a relatively weak property market, the Bank succeeded in growing the mortgage loan portfolio which contributed significantly to the overall growth of BCA s loan portfolio. The relaxation of Bank Indonesia s policies on Loan to Value (LTV) and mortgages on off-plan property developments had a positive effect on the Bank s mortgage growth. BCA manages a low-risk mortgage portfolio by prioritizing high quality borrowers and focusing on financing properties located in selected residential areas. These strategic steps have enabled the Bank to record positive growth while maintaining low probability of default risk. BCA maintains strict collateral PT Bank Central Asia Tbk 2016 Annual Report 131
5 01 Financial Highlights 02 Management Report 03 Corporate Profile 04 Management Discussion and Analysis 05 Corporate Governance 06 Corporate Social Responsibility 07 Consolidated Financial Statements Business Review Individual banking requirements and a conservative down payment policy. The quality of the portfolio is reflected in the low NPL ratio of 0.7%, which has remained relatively stable over the last several years. The low market penetration rate and the relatively small number of BCA mortgage borrowers when compared with the Bank s total customer base indicate great potential to further expand the mortgage portfolio. Aside from supporting interest income, the mortgage business also brings strategic opportunities for BCA to establish loyalty and build longterm customer relationships, including through cross-selling practices in the coming years. BCA markets mortgages through its extensive branch network and consumer credit branches in various cities throughout the country. The majority of mortgage applications originated from branch referrals with the remaining from property developers. In recent years, BCA has set up more consumer credit branches in several targeted major cities to strengthen the mortgage loan presence in those selected cities. In order to improve service quality, the consumer credit branches also function as mortgage administration centers. For increased efficiency and convenience, the Bank offers an online web-based mortgage application system which simplifies the processing of individual mortgage loans. provide solid and stable funding structures with low interest rates for both entities. Marketing synergy through BCA s branch network allows the two subsidiaries to increase their customer base and maintain a high quality, relatively low risk portfolio. Car financing is the second largest contributor to the Bank s consumer loan portfolio after mortgages. Although the automotive industry continues to experience weakness, BCA has grown the automobile financing portfolio systematically and in line with prudent risk management principles. Following a decline in the previous two years, new nation-wide car sales saw a slight increase in 2016 of 4.7% amounting to 1.1 million units. To maintain growth while also exercising caution, BCA Finance consistently offered top-of-mind car financing products. BCA Finance s flagship product, the Fix and Cap loan, offers 3 years fixed-rate installment and 2-or- 3 years installment at a capped interest rate. In 2016, BCA Finance developed a new facility that allows debtors to top up their loan and borrow against the vehicle at an agreed maximum ceiling. As a marketing strategy, the Bank continued to offer competitive interest rates to attract quality customers. In addition, BCA collaborated with car dealers to host a series of auto shows as an opportunity for the Bank to promote its vehicle loan products. BCA has received a number of awards for its achievements in the mortgage business, both from local and international institutions. The Bank was awarded Best Mortgage Business in the 2016 Indonesia Country Awards Programme for Retail Financial Services by Asian Banker as well as the 2016 Net Promoter Customer Loyalty Award for the Mortgages category by SWA magazine. Vehicle Financing BCA provides financing for cars and motorcycles through its subsidiaries BCA Finance and Central Santosa Finance (CS Finance), both of which offer joint financing schemes with the major portion of the loan recorded directly on BCA s balance sheet and the remaining portion of the financing on the balance sheets of the subsidiaries. BCA Finance and CS Finance work closely with BCA in providing vehicle financing and have improved operating synergies with the parent company. The ongoing joint financing schemes Customer acquisition is conducted in a disciplined manner, while maintaining collateral quality. BCA applies a policy of high down payments and low interest rates, and prioritizes financing for popular car models that have been widely accepted by the Indonesian automotive market. These policies helped sustain a low non-performing loan ratio and a high recovery rate on foreclosures, while also posting positive growth in the car financing portfolio. BCA Finance aims to improve its service in order to enhance customer satisfaction. Weekend service at Wisma BCA Pondok Indah and the service point at Artha Gading mall are provided to serve consumer needs on Saturdays. To speed up the application process, BCA Finance has developed several mobile technology applications, including mobile entry, mobile approval and mobile collection capabilities. To facilitate customers seeking product information, BCA Finance also offers a smartphone app with frequently asked questions and sample payment simulations. In collaboration with BCA, BCA Finance works 132 PT Bank Central Asia Tbk 2016 Annual Report
6 to accommodate various customer needs through the use of BCA s payment systems and invoice management as well as the HaloBCA call center. Due to these proactive marketing steps, the number of new car sales bookings financed by BCA and BCA Finance increased 11.7% to 199,565 units in 2016, with the Rupiah value growing by 16.6% to Rp 30.7 trillion. The Bank s total car loan portfolio (including BCA Finance) reached Rp 37.6 trillion at the end of 2016, an increase of 14.3% compared to Rp 32.9 trillion a year earlier. The portion of these loans recorded on BCA s balance sheet stood at Rp 30.9 trillion at the end of 2016, an increase over the previous year s Rp 27.3 trillion. BCA Finance s estimated market share in auto financing increased to 15.3% in 2016 compared to 13.2% in The motorcycle financing industry continued to face challenges marked by declining sales of new motorcycles in In response to this situation, CS Finance directed its focus towards internal consolidation efforts to maintain loan quality. CS Finance also improved the efficiency and effectiveness of sales through branch intensification, applied operational efficiency strategies, and optimized employee productivity and effectiveness. In 2016, CS Finance promoted a prudent approach to business and took proactive steps to minimize risk exposure. The portfolio was monitored with discipline so that the handling of arrears could be addressed at an early stage before any further deterioration. The billing system was enhanced for easier access by the collection team through mobile devices. Furthermore, CS Finance implemented aggressive policies to resolve the financing portfolio which had been classified as loss. In 2016 the Bank s total motorcycle loan portfolio (including CS Finance) reached Rp 5.7 trillion at the end of 2016, compared to Rp 6.4 trillion at the end of This decline was in line with CS Finance s strategic direction that prioritizes loan quality. The motorcycle financing recorded on BCA s book totaled Rp 3.9 trillion at the end of 2016, compared to Rp 4.3 trillion by the end of Credit Cards In credit cards, BCA is a leading credit card issuer in Indonesia. BCA managed about 3 million credit cards with a transaction value of Rp 53.7 trillion, one of the largest in Indonesia. At the end of 2016, credit card outstanding stood at Rp 10.8 trillion, 13.7% higher compared to BCA carefully manages credit card loan quality with NPL ratio maintained at a relatively low level in BCA continues to strengthen its credit cards business and to solidify its equity brand. BCA constantly expands its nationwide network of participating merchants and a number of outlets in Singapore via cooperation with the NETS network. BCA closely cooperates with various leading international networks for the acquiring/ acceptance of VISA, MasterCard, American Express, JCB and China UnionPay credit cards. BCA considers credit cards as one of key elements of overall BCA transaction banking franchise. Further elaboration on Credit Cards is available in this Business Review section under sub section Transaction Banking. Looking Ahead With the growing middle and professional classes, individual banking will play an important role in supporting the development of the Bank s overall business. The demand for banking services, such as mortgages, vehicle loans, bancassurance and wealth management services, will continue to grow in the coming years. BCA s large customer base provides an opportunity for the Bank to expand its individual banking business. BCA is optimistic that it will capture these business opportunities going forward. The synergy between the work units and between the subsidiaries and BCA will continue to be strengthened to increase the effectiveness of individual banking product offerings. The Bank continuously enhances the analytics capabilities of the Customer Relationship Management (CRM) system to better understand and identify the customers needs and behavior patterns as the basis for determining strategies in product development as well as marketing and promotional activities. PT Bank Central Asia Tbk 2016 Annual Report 133
Commercial and SME Banking
01 Financial Highlights 02 Management Report Business Review 04 122 PT Bank Central Asia Tbk 03 Corporate Profile 04 Management Discussion and Analysis 05 Corporate Governance 06 Corporate Social Responsibility
More informationBoard of Commissioners Supervisory Report
01 Financial 02 Management Report 03 Corporate Profile Djohan Emir Setijoso President Commissioner PT Bank Central Asia Tbk 05 Corporate Governance Board of Commissioners Supervisory Report 02 34 04 Management
More informationKang Iman cari. Treasury and International Banking. Business Review. 06 Corporate Social Responsibility. 04 Management Discussion and Analysis
01 Financial Highlights 02 Management Report 03 Corporate Profile Business Review 04 04 Management Discussion and Analysis 05 Corporate Governance 06 Corporate Social Responsibility Business Support PT
More informationPublic-Private Partnerships and Financial Inclusion
Section 8: Public-Private Partnerships and Financial Inclusion Workshop on Enhancing Access to Formal Financial Services in Indonesia Eugene Keith Galbraith President Commissioner PT Bank Central Asia
More informationALPHA BANK: AGENDA 2010 REVISITED. Capital Markets Day. Bucharest, April 20, Retail Banking. G. Aronis, Executive General Manager
ALPHA BANK: AGENDA 2010 REVISITED Retail Banking G. Aronis, Executive General Manager Capital Markets Day Bucharest, April 20, 2007 Strategic Emphasis on Retail Banking Rationalize product offering Apply
More informationMaintaining a Solid Position
Corporate Presentation Maintaining a Solid Position Jan Sep 2017 Results PT Bank Central Asia Tbk Jakarta, 26 th October 2017 Table of contents Macro Environment page Macroeconomic environment 4 Banking
More informationCompany Information. January 29, 2012
Company Information January 29, 2012 BUSINESS 1 Overview We are a financial services conglomerate in Indonesia, providing a broad range of life and general insurance products, securities, banking, multifinance
More informationPT Bank Internasional Indonesia Tbk (BII)
Perkembangan Bank Internasional Indonesia (BII) Rapat Komite Informasi LPS PT Bank Internasional Indonesia Tbk (BII) 1H13 Financial Results Jakarta, 29 July 2013 Jakarta, Summary of 1H13 Performance BII
More informationROYAL BANK OF CANADA SCOTIA CAPITAL FINANCIALS SUMMIT SPEECH 2012 WEDNESDAY, SEPTEMBER 5, 2012
ROYAL BANK OF CANADA SCOTIA CAPITAL FINANCIALS SUMMIT SPEECH 2012 WEDNESDAY, SEPTEMBER 5, 2012 DISCLAIMER THE FOLLOWING SPEAKERS NOTES, IN ADDITION TO THE WEBCAST AND THE ACCOMPANYING PRESENTATION MATERIALS,
More informationEmirates NBD Announces First Half 2015 Results
For immediate release Emirates NBD Announces First Half 2015 Results Net profits up 41% to AED 3.3 billion on higher income and lower provisions Total Income up 7% to AED 7.6 billion as net interest income
More informationPositioning for Better Growth
Corporate Presentation Positioning for Better Growth Analysts Meeting Jan Dec 2017 Results PT Bank Central Asia Tbk Jakarta, 8 th March 2018 Table of contents page Macroeconomic Environment Macroeconomic
More informationPress Release The Development of Capital Market Infrastructure: Investors Are Now Able to Withdraw Funds Through ATM RDN
Press Release The Development of Capital Market Infrastructure: Investors Are Now Able to Withdraw Funds Through ATM RDN Jakarta, March 30 th, 2015 - The expansion of AKSes (Securities Ownership Reference)
More informationOur Mutual Growth A N N U A L I N T E G R A T E D R E P O R T
Our Mutual Growth A N N U A L I N T E G R A T E D R E P O R T About the Annual Integrated Report* This Annual Integrated Report is a comprehensive report that discloses information and company performance
More information2004 Full Year Performance
Investor Newsletter True Local Bank. World Class Standard 07 th Edition Financial Highlights 2004 Full Year Performance Net Income (Rp billion) PT Bank Internasional Indonesia Tbk. ( Bank ) reported net
More informationHighlight. FY 2013 Results. Rp billion; % FY12 FY13 % 1Q13 2Q13 3Q13 4Q13
` Investor Newsletter March 2014 Highlight Shareholding Composition FY12 FY13 Bank Danamon Indonesia 95.0% 95.0% Public ( 5%) 5.0% 5.0% Credit Ratings (PEFINDO) Rating/Outlook Corporate idaa+/ Stable Bonds
More informationPositioning for Better Growth
Corporate Presentation Positioning for Better Growth Analysts Meeting Jan Jun 2018 Results PT Bank Central Asia Tbk Jakarta, 26 th July 2018 Table of contents page Macroeconomic Environment Macroeconomic
More informationCHAPTER 1 INTRODUCTION
CHAPTER 1 INTRODUCTION 1.1 BACKGROUND The purpose of this thesis is to compare CIMB NIAGA s financial performance before and after merger. The thesis objective would be to observe the financial performance
More informationInvestor Newsletter. October First Nine Months 2003 Results. Investor Newsletter October 2003
Vera Eve Lim vera@danamon.co.id I Dewa Made Susila, CFA dewa@danamon.co.id Menara Bank Danamon, 6 th Floor Jl. Prof. Dr. Satrio Kav. E IV No. 6 Jakarta 12950 Tel +62 (021) 5799 1001-03 Fax +62 (021) 5799
More informationHighlights. 1Q17 Results. Rp billion; % 1Q16 1Q17 % 2Q16 3Q16 4Q16 FY16
Investor Newsletter June 2017 Shareholding Composition Mar-16 Mar-17 Bank Danamon Indonesia 92.1% 92.1% Public ( 5%) 7.9% 7.9% Credit Ratings (PEFINDO) Rating/Outlook Corporate Bonds Mudharabah Bonds Contacts
More informationChief Executive s Report
YUE Yi Vice Chairman & Chief Executive 2014 marked another year of success for the Group in terms of our business development and growth, with record high results achieved in revenue and profits. The overall
More informationCIBC World Markets Frontenac Institutional Investor Conference September 18, Mr. Richard E. Waugh President, Scotiabank
CIBC World Markets Frontenac Institutional Investor Conference September 18, 2003 Mr. Richard E. Waugh President, Scotiabank Note that accompanying slides can be found in the Investment Community Presentations
More informationStrategic Investment in Bank Danamon. Main Q&A
Strategic Investment in Bank Danamon Main Q&A Q :You ve said share purchase prices for Steps 2 and 3 have yet to be determined. Can you share with us the logic you re going to apply to determine pricing?
More informationUnited Overseas Bank Limited
United Overseas Bank Limited July 2007 This material that follows is a presentation of general background information about United Overseas Bank Limited s ( UOB or the Bank ) activities current at the
More informationAcquisition of ANZ wealth and retail business in five markets
Acquisition of ANZ wealth and retail business in five markets 31 October 2016 Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated
More informationEarnings at yet another record as franchise operates at higher plane April 27, 2012
Earnings at yet another record as franchise operates at higher plane April 27, 2012 Disclaimer: The information contained in this document is intended only for use during the presentation and should not
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION JUNE 2017 DISCLAIMER Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These
More informationFINANCIAL COMMUNITY PRESENTATION
FINANCIAL COMMUNITY PRESENTATION FEBRUARY 2017 DISCLAIMER Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform
More informationRoyal Bank of Canada. Annual Report
Royal Bank of Canada 2010 Annual Report Vision Values Strategic goals Always earning the right to be our clients first choice Excellent service to clients and each other Working together to succeed Personal
More informationDavid McKay Group Head, Canadian Banking
David McKay Group Head, Canadian Banking National Bank Financial 2009 Canadian Financial Services Conference March 31, 2009 Financial information is in Canadian dollars and is based on Canadian GAAP, unless
More informationStrategic Investment in Bank Danamon. December 26, 2017
Strategic Investment in Bank Danamon December 26, 2017 This document contains forward-looking statements in regard to forecasts, targets and plans of PT Bank Danamon Indonesia, Tbk. and its group companies
More informationFinancial Review. Management Discussion and Analysis 79 Consolidated Financial Statements 87
Financial Review Management Discussion and Analysis 79 Consolidated Financial Statements 87 78 Danamon Annual Report 2007 Management Discussion and Analysis Consolidated Financial Data Operating Results
More informationMediobanca. Compass acquires 20% stake in BFI Finance Adding a second growth consumer finance market. Milan, 3 August 2018
Mediobanca Compass acquires 20% stake in BFI Finance Adding a second growth consumer finance market Milan, 3 August 2018 In last 10Y Compass has delivered impressive results over the whole cycle through
More informationHighlight. FY 2012 Results. Rp billion; % FY 2011 FY 2012 % 1Q12 2Q12 3Q12 4Q12
Investor Newsletter April 2013 Highlight Shareholding Composition 2011 PT Bank Danamon Indonesia 95.0% 95.0% Public ( 5%) 5.0% 5.0% Credit Ratings (PEFINDO) Rating/Outlook Corporate idaa+/ Positive Bonds
More informationTranscript First Quarter 2015 Earnings Call. April 23, Investor Relations Thank you. Good morning everyone and welcome to our earnings call.
Investor Relations Thank you. Good morning everyone and welcome to our earnings call. Transcript First Quarter 2015 Earnings Call This conference call of F.N.B. Corporation and the reports it files with
More informationEmirates NBD Announces First Quarter 2018 Results
For immediate release Emirates NBD Announces First Quarter 2018 Results Net profit up 27% y-o-y and 10% q-o-q to AED 2.4 billion Dubai, 18 April 2018 Emirates NBD (DFM: EmiratesNBD), a leading bank in
More informationSIAM COMMERCIAL BANK PCL.
SIAM COMMERCIAL BANK PCL. 1Q17 Financial Results Analyst Meeting Presentation April 21 st, 2017 IMPORTANT DISCLAIMER: Information contained in this document has been prepared from several sources and the
More informationF.N.B. CORPORATION THIRD QUARTER 2008 EARNINGS CONFERENCE CALL October 24, 2008
Transcript F.N.B. CORPORATION THIRD QUARTER 2008 EARNINGS CONFERENCE CALL October 24, 2008 MODERATOR Bob New, President and CEO, F.N.B. Corporation Operator Welcome to the F.N.B. Corporation Third Quarter
More informationFirst Half 2005 Performance
Investor Newsletter 09 th Edition Financial Highlights First Half 2005 Performance Net Income (Rp billion) (year to date) PT Bank Internasional Indonesia Tbk (BII) reported net income of Rp 397 billion
More informationFinancial Review. Standard Chartered Annual Report and Accounts See page 36 for analysis of the underlying results $million.
Financial Review Group Summary The Group has delivered another strong performance for the year ended 31 December. Profit before taxation rose 27 per cent to $4,035 million, with operating income increasing
More informationSettle in faster with RBC Newcomer Advantage. Banking made easy for newcomers to Canada
Settle in faster with RBC Newcomer Advantage Banking made easy for newcomers to Canada 1 RBC Royal Bank Banking made easy 2 10newcomers to Canada We know how important it is to choose the right banking
More information2014 Full Year Results Presentation
2014 Full Year Results Presentation 11 February 2015 Disclaimer: This material should be read as an overview of OCBC s current business activities and operating environment. It should not be solely relied
More informationHighlights. 9M17 Results. Rp billion; % 9M16 9M17 % FY16 1Q17 2Q17 3Q17
Investor Newsletter December 2017 Shareholding Composition Sep-16 Sep-17 Bank Danamon Indonesia 92.1% 92.1% Public ( 5%) 7.9% 7.9% Credit Ratings (PEFINDO) Rating/Outlook Corporate Bonds Mudharabah Bonds
More informationCONSOLIDATED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED MARCH 31, 2017 SUPPLEMENTARY MATERIALS
CONSOLIDATED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED MARCH 31, 2017 SUPPLEMENTARY MATERIALS May 12, 2017 J Trust Co., Ltd. Disclaimer This material is prepared to provide information to facilitate
More informationThe usage of surveys to overrun data gaps: Bank Indonesia s experience
The usage of surveys to overrun data gaps: Bank Indonesia s experience Hendy Sulistiowaty and Ari Nopianti I. Introduction The global economic recession that triggered in late 2007 in the United States
More informationFirst Half 2002 GROUP FINANCIAL RESULTS. For The Six Months Ended 30 June 2002
First Half 2002 GROUP FINANCIAL RESULTS For The Six Months Ended 30 June 2002 5 August 2002 Contents Media Release 2 Financial Review 5 Highlights 5 Financial Summary 6 Net Interest Income 7 Non-Interest
More informationThe quest for profitable growth
Global banking outlook 2015: transforming banking for the next generation The quest for profitable growth We estimate that if the average global bank grew revenues by 17% from FY13 levels, it would be
More informationOCBC Bank Annual Report New Horizons
18 OCBC Bank Annual Report 2003 New Horizons The New Horizons strategy is our three-year plan to seek international growth via a build-and-transfer approach, and to build a high performance bank by focusing
More informationADIB 2017 Net Profit rises 17.7% to AED 2.3 billion
MANAGEMENT DISCUSSION & ANALYSIS FOR THE YEAR ENDED 31 DECEMBER 2017 ADIB 2017 Net Profit rises 17.7% to AED 2.3 billion Group Financial Highlights Income Statement: FYR 2017 vs. FYR Group net revenues
More informationBank Victoria International, Tbk
Equity Valuation Bank Victoria International, Tbk Secondary Report March 31, 2015 Target Price Low High 376 432 Banking Stock Performance JCI 5,600 BVIC 135 5,400 130 5,200 5,000 4,800 4,600 125 120 115
More informationChapter 11. Evaluating Consumer Loans
Chapter 11 Evaluating Consumer Loans Recent trends in consumer lending Credit scoring more lenders use statistical models to predict which individuals are good and bad credit risks. Rapid consolidation
More informationUsed Car Loans. Linking Member Satisfaction to Loan Decisions: A Wallet Allocation Rule Approach
Used Car Loans Linking Member Satisfaction to Loan Decisions: A Wallet Allocation Rule Approach Lerzan Aksoy Professor of Marketing, Fordham University *FOCAL CU 3 OTHER CU 4 The purpose of this study
More informationScotiabank. Canada s most International Bank. UBS Warburg 2003 Global Financial Services Conference New York, April 30, 2003
www.scotiabank.com UBS Warburg 2003 Global Financial Services Conference New York, April 30, 2003 Rick Waugh, President 1 Scotiabank Canada s most International Bank Operations in over 40 countries Second
More informationProducts and Services
Products and Services Everyday Banking Citigold Private Client Centres The Citigold Private Client Centre is an exclusive, cultured and professional environment presenting our valued clients with personalised
More informationLeadership in challenging times. J. Roy Firth EVP Individual Wealth Management
Leadership in challenging times J. Roy Firth EVP Individual Wealth Management Agenda Manulife is strong and has a plan Canada s key strategies Looking ahead 2 Manulife is strong and has a plan Key themes:
More information2016 Third Quarterly Results. October 2016
2016 Third Quarterly Results October 2016 Cautionary Note Regarding Forward-looking Statements To the extent any statements made in this presentation containing information that is not historical are essentially
More informationONLINE TRAVEL SALES AND INTERMEDIARIES IN INDONESIA. Euromonitor International September 2018
ONLINE TRAVEL SALES AND INTERMEDIARIES IN INDONESIA Euromonitor International September 2018 O N L I N E T R A V E L S A L E S A N D I N T E R M E D I A R I E S I N I N D O N E S I A P a s s p o r t I
More informationDeal and Solution Awards 2013 Best Structured Trade and Commodity Trade Solution of the Year in Southeast Asia
Factsheet UOB s Industry Awards 2013 In 2013, UOB won 69 awards for its excellence in banking. The awards cover a whole range of banking services from commercial banking to wealth management and service
More informationSME Banking. Letting you focus on your business
SME Banking Letting you focus on your business You have the ambition, the vision and the drive. They are yours alone. However, we have the experience and expertise that comes from helping thousands of
More informationBusiness Developments in Japan
Business Developments in Japan Approaches to Corporate Customers By integrating the group's specialty functions, Mizuho offers a full range of financial solutions on a global basis to meet its corporate
More informationBOCHK achieved 17.7% year-on-year growth in profit attributable to equity holders from continuing operations in the first half
28 August 2018 BOCHK achieved 17.7% year-on-year growth in profit attributable to equity holders from continuing operations in the first half BOC Hong Kong (Holdings) Limited ( the Company, stock code
More informationNet sales in FY2016 amounted to 1 trillion billion yen. Operating profit was 5.1 billion yen. Ordinary profit was 8.9 billion yen.
0 1 Net sales in FY2016 amounted to 1 trillion 906.6 billion yen. Operating profit was 5.1 billion yen. Ordinary profit was 8.9 billion yen. Although we posted an extraordinary loss due to the issue of
More informationBAWAG P.S.K. REPORTS STRONG NET PROFIT OF EUR 380 MILLION FOR Q
BAWAG P.S.K. REPORTS STRONG NET PROFIT OF EUR 380 MILLION FOR Q1-3 Net profit of EUR 380 million, +19% versus prior year Return on tangible equity of 19.0%, +1.4pts Operating income of EUR 743 million,
More informationBank of America Merrill Lynch The Future of Financials Conference. November 6, Citi Investor Relations
Citi Investor Relations Bank of America Merrill Lynch The Future of Financials Conference November 6, 2018 Francisco Aristeguieta CEO, Citigroup Asia Pacific Agenda Franchise Overview Asia Institutional
More informationSMFG Business Strategy in Indonesia with BTPN
SMFG Business Strategy in Indonesia with BTPN August 22&23, 2016 Sumitomo Mitsui Financial Group, Inc. Sumitomo Mitsui Banking Corporation Agenda 1 SMFG Business Strategy in Indonesia Why Indonesia Business
More informationOpening Remarks. Tim Sloan Chief Executive Officer and President. May 10, Wells Fargo & Company. All rights reserved.
Opening Remarks Tim Sloan Chief Executive Officer and President May 10, 2018 2018 Wells Fargo & Company. All rights reserved. Wells Fargo Vision We want to satisfy our customers financial needs and help
More informationWITH THE GRACE OF GOD THE ALMIGHTY THE GOVERNOR OF BANK INDONESIA,
BANK INDONESIA REGULATION NUMBER: 11 / 2 / PBI / 2009 CONCERNING THE THIRD AMENDMENT OF BANK INDONESIA REGULATION NUMBER 7 / 2 / PBI / 2005 CONCERNING ASSET QUALITY RATING FOR COMMERCIAL BANKS WITH THE
More informationGrupo Santander carried out its business in 2017 in a more favourable environment, one of the most positive in recent years.
Message from José Antonio Álvarez Grupo Santander carried out its business in 2017 in a more favourable environment, one of the most positive in recent years. The global economy and, in particular, the
More informationCaution regarding forward-looking statements
BancAnalysts Association of Boston Conference November 6, 2008 Colleen Johnston Group Head Finance & CFO TD Bank Financial Group Caution regarding forward-looking statements From time to time, the Bank
More informationThe US SaaS Mortgage Software Market: Size, Trends & Forecasts ( ) April 2017
The US SaaS Mortgage Software Market: Size, Trends & Forecasts (2017-2021) April 2017 The US SaaS Mortgage Software Market Report Scope of the Report The report titled The US SaaS Mortgage Software Market:
More informationTD Bank Group Reports Second Quarter 2015 Results
2 nd Quarter 2015 Earnings News Release Three and Six months ended April 30, 2015 TD Bank Group Reports Second Quarter 2015 Results This quarterly earnings news release should be read in conjunction with
More informationBank Millennium Medium Term Strategy for Warsaw, October 29, 2012
Bank Millennium 1 Half 2011 results Bank Millennium Medium Term Strategy for 2013-2015 Warsaw, October 29, 2012 Disclaimer This presentation (the Presentation ) has been prepared by Bank Millennium S.A.
More informationThe Indonesian Banking Industry
The Indonesian Banking Industry The Indonesian financial system was repressed prior to 1983:! Real interest rate mostly at levels below inflation rate (negative real interest rates)! High reserve requirements
More informationInvestor Relations Presentation
AEON Credit Service (M) Berhad 5 th October 2017 1 Investor Relations Presentation 5 th October 2017 AEON CREDIT SERVICE (M) Berhad Disclaimer AEON Credit Service (M) Berhad 5 th October 2017 2 This document
More informationOur strategic priorities an update
Our strategic priorities an update DBS Group Holdings 2Q 2010 financial results 30 July 2010 Disclaimer: The information contained in this document is intended only for use during the presentation and
More informationWE MAKE CREATING VALUE
WE MAKE CREATING VALUE BPI s mission has always been to help the Customer, the Shareholders, the Community and the Country. As such, we conduct our business responsibly and pursue quality and sustainable
More informationThe excellent results achieved by Belfius in 2015 validate its customer satisfaction strategy
Brussels, 25 February 2016 The excellent results achieved by Belfius in 2015 validate its customer satisfaction strategy The strategic attention Belfius paid to customer satisfaction is the basis of its
More informationProperty & Casualty: Accelerating Profitable Growth
Investor Day December 4, 2013 Property & Casualty: Accelerating Profitable Growth Jean-Laurent Granier CEO, AXA Global P&C Cautionary note concerning forward-looking statements Certain statements contained
More informationVTB Group Quality Growth Strategy Highlights
VTB Group 2014 Quality Growth Strategy Highlights Yulia Chupina / Deputy President and Chairman of VTB Bank Management Board Herbert Moos / Deputy President and Chairman of VTB Bank Management Board April
More informationGlobal Outlook and Implications to Asia and Mongolia. September 2013
Global Outlook and Implications to Asia and Mongolia September 2013 Global Macroeconomics Outlook Country and Industry Overview Company Overview Conclusion Global Macroeconomics Outlook Merchandise trade
More informationSUNTRUST PRIVATE WEALTH MANAGEMENT SIGNATURE FINANCIAL ADVICE THAT REFLECTS YOUR INDIVIDUALITY
SUNTRUST PRIVATE WEALTH MANAGEMENT SIGNATURE FINANCIAL ADVICE THAT REFLECTS YOUR INDIVIDUALITY BE YOURSELF; EVERYONE ELSE IS ALREADY TAKEN. - OSCAR WILDE Your life, your needs, your dreams and ambitions:
More informationMorgan Stanley Investor Conference. Brian Hartzer Group Managing Director, Personal
Morgan Stanley Investor Conference Brian Hartzer Group Managing Director, Personal 1 A good year met our targets again Headline profit 16.2% Cash * profit 13.8% Revenue Growth 8.4% # Profit Before Provisions
More informationPT XL AXIATA TBK. 9M 18
Disclaimer This document contains certain financial information and results of operations, and may also contain certain projections, plans, strategies and objectives of XL Axiata, that are not statements
More informationBOC Hong Kong ( Holdings ) delivered solid results with profit attributable to the equity holders of HK$11.2 billion
29 Aug 2013 BOC Hong Kong ( Holdings ) delivered solid results with profit attributable to the equity holders of HK$11.2 billion BOC Hong Kong ( Holdings ) Limited 2013 Interim Results Financial Highlights
More informationBAWAG GROUP REPORTS RECORD PROFIT BEFORE TAX OF 517 MILLION IN 2017
BAWAG GROUP REPORTS RECORD PROFIT BEFORE TAX OF 517 MILLION IN 2017 Profit before tax of 517 million, +12% vs. prior year Return on tangible equity (@12% CET1) of 17.9% Net interest income of 791 million,
More informationANALYST MEETING. PT Bank Tabungan Negara (Persero) Tbk. Business & Financial Performances as of June 30, Jakarta, July 25 th 2016
ANALYST MEETING PT Bank Tabungan Negara (Persero) Tbk. Business & Financial Performances as of June 30, 2016 Jakarta, July 25 th 2016 Disclaimer IMPORTANT: The following forms part of, and should be read
More informationINDONESIAN ECONOMY Recent Developments and Challenges. BUDI MULYA Deputy Governor of Bank Indonesia
INDONESIAN ECONOMY Recent Developments and Challenges BUDI MULYA Deputy Governor of Bank Indonesia Addressed at OCBC Global Treasury Economic and Business Forum Singapore, 9 July 2010 First of all, I would
More informationBank Victoria International, Tbk
Equity Valuation Bank Victoria International, Tbk Primary Report Target Price Low High 387 455 Banking Property Historical Chart JCI 5500 5300 5100 4900 4700 4500 4300 4100 3900 3700 JCI BVIC 3500 BVIC
More informationStandard Chartered Bank Kenya Limited 2011 Full Year Results Announcement
Standard Chartered Bank Kenya Limited 2011 Full Year Results Announcement Introduction The Standard Chartered Bank story is one of consistent delivery and sustained growth. We have the right strategy,
More informationMedia Release Media Release
COMMONWEALTH BANK OF AUSTRALIA MARCH QUARTER TRADING UPDATE Sydney, 15 May 2008: Despite recent signs of a slowing in demand, particularly for business lending, strong credit growth in both the consumer
More informationAxiata Group registers PATAMI of RM2.6 billion, and pays dividend of 22 sen per share
MEDIA RELEASE Axiata Group registers PATAMI of RM2.6 billion, and pays dividend of 22 sen per share Group announces dividend payout of 22 sen per share, a 75% payout and a 5 percentage points increase
More informationUnited Overseas Bank Investor Roadshow November 2006
United Overseas Bank Investor Roadshow November 2006 Disclaimer : This material that follows is a presentation of general background information about the Bank s activities current at the date of the presentation.
More informationINVESTOR UPDATE First Quarter 2016 May 4, 2016
INVESTOR UPDATE First Quarter 2016 May 4, 2016 Caution re: Forward-looking Statements This presentation provides management with the opportunity to discuss the financial performance and condition of Home
More informationChief Executive s Review. Delivering our Strategic Objectives
2014 saw AIB successfully execute its three year plan to deliver a bank that is sustainably profitable, adequately capitalised and appropriately funded. We have a strong momentum in our business and are
More informationJean - Francois Gasc, Managing Director, Accenture (FRANCE) Friday,
Jean - Francois Gasc, Managing Director, Accenture (FRANCE) Friday, 25.9.2015 Technology Evolution : The game changer in insurance business 17 th Hydra meeting September 25 th, 2015 Agenda Digital Innovation
More informationICICI Group: Performance & Strategy. November 2015
ICICI Group: Performance & Strategy November 2015 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty
More informationThe Indonesian Investment Coordinating Board (BKPM) and Citi Indonesia Sign Memorandum of Understanding to Increase Investment in Indonesia
PRESS RELEASE For Immediate Publication The Indonesian Investment Coordinating Board (BKPM) and Citi Indonesia Sign Memorandum of Understanding to Increase Investment in Indonesia Jakarta, 20 September
More informationInvestor Presentation DBS Group Holdings Ltd November 2017
Investor Presentation DBS Group Holdings Ltd November 2017 Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or distributed
More informationI. Content of business
I. Content of business (I) Business activities Jih Sun Financial Holding Co., Ltd. 1. Principal business activities The Company is a financial holding company; its business activities are confined to those
More informationUK Retail Banking and Wealth Management (RBWM) Presentation to Investors and Analysts
World s Best Bank UK Retail Banking and Wealth Management (RBWM) Presentation to Investors and Analysts September 017 HIGHLY RESTRICTED Important notice and forward-looking statements Important notice
More informationCITI S OPERATIONS IN SINGAPORE POSTS STRONG PROFITS FOR FINANCIAL YEAR 2008
SUMMARY STATEMENT Citigroup Inc. April 13, 2009 CITI S OPERATIONS IN SINGAPORE POSTS STRONG PROFITS FOR FINANCIAL YEAR 2008 o Citibank Singapore Limited reported net profit of S$703.6 million o Citibank
More information