CLSA Investor Forum, Hong Kong September 2010
|
|
- Naomi Dortha Bishop
- 6 years ago
- Views:
Transcription
1 MALAYAN BANKING BERHAD CLSA Investor Forum, Hong Kong September 2010
2 Overview: Maybank Group Operating Environment: Economy and Banking Sector Strategy: t The new House of Maybank 1
3 Progress since 3 major acquisitions in 2008 May ybank Share Pric ce (RM) Mar 08 Announces acquisition of An Bin Bank 26 Mar 08 Announces acquisition of BII 5 May 08 Announces acquisition of MCB Bank 30 Sep 08 Completes acquisition of BII 29 April Maybank completes rights issue of RM6 billion 25 Aug 09 Announces FY09 results Share Price Foreign Shareholding 21 Apr 10 BII completes rights issue of Rp1.4 trillion 20 Aug 10 Announces FY10 results 24% 22% 20% 18% 16% 14% 12% reholding ank Foreign Sha (%) Mayb 3.00 Jan 08 Apr 08 Jul 08 Oct 08 Jan 09 Apr 09 Jul 09 Oct 09 Jan 10 Apr 10 Jul 10 10% Price Foreign Shareholding Followed through onthe 3 majoracquisitions acquisitions totaling RM11.2 billion Raised RM9.1 billion debt and capital securities Completed largest ever rights issue of RM6 billion Bit the bullet in FY2009 with RM2.0 billion impairment charges Implemented LEAP30 Performance Improvement Programme Built up BII Rebounded strongly with RM3.8 billion PATAMI in FY2010 2
4 Maybank: In a position of strength Largest financial service provider in Malaysia Leadership position Largest banking network in Malaysia An Emerging Regional Leader Total Assets : RM 337 billion (USD 105 b) Total Equity : RM 29 billion (USD 9.0 b) Total Net Profit : RM 3.8 billion (USD 1.2 b) Market Cap. : RM 60.0 billion (USD 18.8 b) (1 Sep 10) No 1 bank in Malaysia, Largest Islamic bank by assets No 4 in South East Asia No 118 The Banker s Top 1000 world banks ranking 384 branches, 2,800 ATMs 9 million customers. No.1 Internet banking with 55% market share 7 ASEAN countries 5 International Financial Centres Over 1,750 branches and offices in 14 countries, serving 16 million customers. (As at 30 June 2010) Leading market position Diversified across all financial products and services in most sectors Among the top 3 in most key business sectors Strong shareholder 56% owned by PNB and its funds, 12% by EPF support and credit S&P : A Moody s: A3 ratings Fitch : A RAM: AAA 3
5 Domestic Market: Leading market position in most sectors Network Consumer Deposits Cards Il Islamic Investment Banking Insurance & Asset Mgmt Growth (YoY) 33% 36% 33% 28% 27% 21% 19% 15% 15% 13% 8% 7% 7% 8% 4% 1% 2% 9% 2% Not applicable # 16% na n.a. Branch ATM Internet banking Consumer Loans* Mortgage HP Loans CASA Fixed Deposits Savings Deposits Demand Deposits Card Base Merchant Sales Billings Receivables Financing Deposits Debt Markets M&A Equity & Rights Offerings Equity Brokerage Combined Grosss Premium Combined Life/Family Combined General Asset Under Management 55% Market Share 29% 28% 29% 24% 22% 23% 24% 19% 16% 17% 13% 16% 15% 17% 14% 12% 13% 13% 14% 19% 10% 15% 7% na n.a. na n.a. na n.a All data as at June 2010, except for Insurance & Asset Mgt (Mar 10) * Consumer loans excludes SME # percentage points increase in market share 4 Industry Position
6 Number 1 Bank Domestically Total Assets (RM bn): 30 June 2010 Net Loans (RM bn): 30 June 2010 MAYBANK Maybank CIMB Public RHB Cap AMMB HL Bank EON Cap Affin Alliance MAYBANK Maybank CIMB Public Bank RHB Cap AMMB HL Bank EON Cap Affin Alliance Deposits (RM bn): 30 June 2010 Market Capitalisation ti (RM bn): 1 Sep 2010 MAYBANK Maybank CIMB Public Bank RHB Cap HL Bank AMMB EON Cap Affin Alliance MAYBANK Maybank CIMB Public Bank AMMB RHB Cap HL Bank EON Cap Alliance Affin
7 And Among the Top Ten in the Region Total Assets (USD bn): 30 June 2010 Net Loans and Deposits (USD bn): 30 June 2010 SBI SBI * * DBS 204 OCBCC 157 UOB 141 ICICI 113 Maybank 108 No.6 CIMB 82 Public Bank 70 RHB Cap 38 * As at 31 Mar DBS UOB OCBC Maybank ICICI CIMB Public RHB Cap No Net Loans Net Deposits PATAMI (USD bn): (12 mths to June 2010) Market Capitalisation (USD bn): 1 Sep 2010 SBI UOB OCBC Maybank ICICI CIMB DBS Public Bank RHB Cap No SBI ICICI DBS UOB OCBC Maybank CIMB Public Bank No Based on exchange rate as at 1 Sept 2010 * As at 31 March
8 Overview: Maybank Group Operating Environment: Economy and Banking Sector Strategy: t The new House of Maybank 7
9 Malaysia: Economic Rebound GDP to rebound with 7.5% growth in 2010; 6.1% in 2011 Inflation expected to rise to 2.0% in 2010 (2009: 0.6%) 150 Quarterly GDP and annual growth rate 12 CPI and components (% YoY) (3) 100 (6) 90 (9) 2Q06 3Q06 4Q06 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 RMb (LHS) % YoY (RHS) % QoQ (RHS) Ringgit to expected to rise to RM by year end Ringgit Malaysia per USD After July 8 hike to 2.75%, interest rate is not expected to rise in the next 9 12 months Overnight Policy Rate: Bank Negara Malaysia Overnight Policy Rate Overnight Policy Rate: Bank Negara Malaysia 25bp hikes in Mar, May and July Jul 01 Nov 01 Mar 01 Jul 01 Nov 01 Mar 01 Jul 01 Nov 01 Mar 01 Jul 01 Nov 01 Mar 01 Jul 01 Nov 01 Mar 01 Jul Apr-0 Aug-0 Dec-0 Apr-0 Aug-0 Dec-0 Apr-0 Aug-0 Dec-0 Apr-0 Aug-0 Dec-0 Apr-0 Aug-0 Dec-0 Apr-0 Aug-0 Dec-0 Apr-1 Aug
10 Malaysia: Banking Industry strong fundamentals Loans growth of 11.9% YoY (July 10) driven by household sector. Competition expected to stiffen with issuance of more commercial banking licenses to foreign banks, branch expansion of existing foreign banks and further consolidation of domestic banks. Net interest margin to remain relatively stable as improvement from interest rate hikes offset by competitive pressure for loans pricing. Growing prominence of Islamic Banking through asset growth and greater products and services. Improving asset quality with gross NPL at 3.55% Stable Tier I capital (13.1%) and Risk Weighted Capital Ratio (15.0%) but possible higher capital adequacy requirement pursuant to introduction of Basel III Capital Adequacy remains strong Risk Weighted Capital Ratio Core Capital Ratio 15.0% 13.1% RMm Total Loans grew 11.9% YoY for Jul 2010 Total Loans Total Loans YoY Growth Household YoY Growth Business YoY Growth Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Apr-08 Jul-08 Oct-08 Jan-09 Apr-09 Jul-09 Oct-09 Jan-10 Apr-10 Jul-10 Gross NPL RM29.9b, Gross NPL ratio: 3.55% 60,000 Gross NPL (LHS) Gross NPL ratio (RHS) 50,000 40,000 30,000 20,000 10, % 16% 14% 12% 10% 8% 6% 4% 2% 9.0% 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Apr-08 Jul-08 Oct-08 Jan-09 Apr-09 Jul-09 Oct-09 Jan-10 Apr-10 Jul-10 Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Apr-08 Jul-08 Oct-08 Jan-09 Apr-09 Jul-09 Oct-09 Jan-10 Apr-10 9
11 Singapore: Conducive Environment Singapore expected to rebound in 2010 withgdp growth Real GDP growth of 13 15% in 2010; 4 6% in 2011 of between % and % in Inflation is likely to range between % in 2010 Unemployment rate projected at % in Loan growth recovery gaining g traction, driven by housing 65 5 loans and a pickup in corporate loans, particularly to the 60 0 General Commerce Sector. Loans growth in 2009 of 3.4% expected to improve to 7 9% in Net interest margin (NIM) to narrow further in 2H10 due 50 to prolonged low interest rate environment and greater competition for loans and deposits. Average NIM expected at 1.8% to 2.1% in 2010, before rising to between 1.9% to Real GDP (S$B) % YoY Growth (RHS) 2.2% in Total Loans expected to grow 7 9% in Q0 08 2Q0 08 3Q0 08 4Q0 08 1Q0 09 2Q month SIBOR to range between % in 2H10 3Q0 09 4Q0 09 1Q1 10 2Q1 10 3Q10 0P 4Q10 0P (5) (10) 40% % 20% 10% 0% -10% Axis Title Total Loans Business Loans Consumer Loans Sep Oct Nov Dec Jan Feb Mar Apr May 3-Month SIBOR Jun Jul Aug Sep 10
12 Indonesia: Continued Growth We expect 2010 GDP growth to reach 6.05%, higher 580,000 than the growth of 4.53% in ,000 Inflation rate for 2010 is expected to range between 540,000 6% to 6.2% from around 12% a year ago while the BI Rate is expected to remain at 6.5% 65%in order to keep 520, the economy s growth momentum 500,000 USD/IDR is expected to hover around the 9,000 level 480,000 as capital inflow lends support for currency stability. 460,000 Loangrowth is expected to reach 20% with the consumer segment driving growth. 440,000 NPL is expected to remain at 3.7% Real GDP Growth: picking up Real GDP (IDR bn) - LHS Real GDP Grow th (% y-y) Q Q Q Q Q Q Q Q Q Q Q Q Q % 40.00% Bank s loan growth: trending upwards % Bank Indonesia policy rate on hold at 6.5% 35.00% 30.00% 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% 00% Jun Jul Ags Sep Okt Nov Des Jan Feb Mar Apr Mei Jun Jul Ags Sep Okt Nov Dec Jan Feb Mar Apr Mei Jun Inflation y-y BI Rate 0 31-Jul Jan Jul Jan Jul Jan Jul
13 Overview: Maybank Group Operating Environment: Economy and Banking Sector Strategy: t The new House of Maybank 12
14 Financial Performance: FY2010 Record PATAMI for FY10 of RM3,818 million due to improved contribution across all key business segments. Quarterly PATAMI remained above RM900 million level. Group loans grew 10.3% YoY with domestic loans growth of 11%. Asset tquality continued to improve with Net NtNPLNPL ratio declining i to 1.22% from 1.36% the preceding quarter and 1.64% a year ago. Crossed regional milestone with total assets of RM336 billion (more than USD100 billion). Capitalisation remains strong with CAR* at 14.9% for the Bank and 14.6% for the Group. Normalised ROE of 13.6% exceeds our Headline KPI. * Assuming full reinvestment of electable portion underthe Dividend Reinvestment Plan 13
15 Reframing our Vision, Mission and Strategic Objectives By 2015 Our Vision To be a Regional Financial Services Leader Our Mission Humanising Financial Services from the Heart of ASEAN Strategic Objectives 1. Undisputed No. 1 Retail Financial Services provider in Malaysia by Leading ASEAN wholesale l bank eventually expanding to Middle East, China & India 3. Domestic Insurance Champion and emerging regional player 4. Truly regional organisation, with ~40% of pre tax profit derived from international operations by Largest til Islamic bank kin ASEAN 14
16 New Group Organisation Structure to support aspirations Maybank Group CEO + Support (CFO, CRO,GHC, Legal, Compliance, Communications) ISLAMIC INSPIRED INTERNATIONAL EXPANSION Community Financial Services Leveraging shared distribution, Customer Segment driven, Community Bank Global Wholesale Banking Regaining domestic leadership and aggressively pursuing ASEAN market expansion by humanising client interaction Insurance & Takaful Being the National Insurance Champion and Living the ETIQA way E N A B L E M E N T Enterprise Transformation Services 15
17 Priorities for FY2011 Community Financial Services 1. Grow market share of individual and non retail deposits domestically and leverage on shared distribution synergies 2. Re align SME market segment focus Global Wholesale Banking Insurance & Takaful 3. Ramp up universal wholesale banking model growth in core ASEAN markets 4. Strengthen transaction banking franchise 5. Grow investment banking capabilities bl and deals 6. Gain leadership in domestic insurance business International 7. Grow assets, strengthen deposits base and expand branch network in Indonesia Islamic Banking 8. Grow Islamic banking assets and deposits Corporate / Enterprise Transformation Services 9. Improve business process and upgrade IT systems 10. Implement tfrs 139 and refine Basel lii use. 16
18 Bank Internasional Indonesia (BII) By 2015, to become among Top 5 banks by assets & returns, with initiatives in 5 main areas: 1. Leading banker for transportation industry 2. USD Payment Bank 3. SME/Commercial: No. 1 in Supply Chain Financing 4. Corporate: No. 1 in Structured Trade Financing & Resource Based Industry 5. No. 1 in Credit Card Other initiatives Strengthen infrastructure in IT and with branch expansion, from 294 branches to increase to 450 by end Jun Operate Islamic banking through Maybank Indocorp. Gross Loans: Composition (Rp trillion) and growth 6.85% 17.1 (+36%) 14.4 (+37%) (+33%) (+4%) Jun 09 Dec 09 Jun 10 (+67%) Corporate SMEC(+33%) Consumer Syariah a Subsidiaries Net Interest Margin 6.15% 6.41% 6.62% 6.10% 5.91% 5.90% 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 BII, as one of the top 2 banks with dedicated 2 wheelers subsidiaries, is to improve WOM Finance s Asset Quality sales, asset quality and profitability as a top 4.74% motorcycle financing provider. 3.46% 3.49% Leverage on subsidiaries to cross sell. Maintain and strengthen service differentiation. 3.20% 2.79% 2.00% 1.85% 1.90% 2.39% 1.56% 2.79% 2.88% 1.92% 1.87% Build on synergy opportunities with Maybank. Dec 08 Mar 09 Jun 09 Sep 09 Dec 09 Mar 10 Jun 10 Gross NPL Net NPL 17
19 Prospects and KPIs Recovering regional economies to spur demand with loans growth of 12% in Malaysia, 24% at BII and 5% in Singapore. International a contribution o is expected epectedtoto increase cease mainly from 2 key home markets of Singapore and Indonesia and leveraging on Global Wholesale Banking platform. Islamic Banking is identified as key differentiator with target financing growth of 25%. Margins expected to be stable. The reframed vision and mission supported by new organisation structure t is expected tdto di drive growth. Investment in people, technology and processes to realise vision and strategic objectives, with efforts to reduce costs through synergies and centre of excellence. Dividend Reinvestment Plan in place to ensure robust capital adequacy. Headline KPIs Return onequity 14% Loans and Debt Securities Growth Other targets Loans Growth 12% Malaysia 12% Singapore 5% BII 24% Net Interest Margin Stable Dividend Payout Ratio 40% 60% Note: Loans growth for Singapore and BII are in local currency 18
20 Financial Performance: FY ending 30 June 2010 Business Review Country Review: Singaporeand and Indonesia Appendix 19
21 Record profit for FY2010 PATAMI (RM bil.) and EPS (sen) 452% PATAMI (RMbil) EPS (sen) * 12.0 FY08 FY09 FY10 * FY09 includes RM1.97 billion impairment of investments in BII and MCB 20
22 FY2010: Exceeding our targets Headline KPIs Targets Achievements Return on Equity Revenue (net income) growth 11% (revised to 13%) 8% (revised to 15% normalised) 13.6% 22.4% (15.7% normalised) Other targets Targets Achievements Gross Loans growth High single digit 10.3% Net Interest Margin Stable +10 bp to 2.82% Asset quality Charge offrate: bps 53 bps Dividend Dividend payout : 40 60% 76.5% 21
23 Exceeding our targets Grossloansgrowthsupported supported by strong business in Malaysia and commendable growth of BII Improving AssetQuality 101.1% 112.9% 124.5% 10.3% % 1.64% 1.22% FY08 FY09 FY10 Net NPL Loan Loss Coverage Robust Capital Adequacy Group Bank RM billion % 13.71% 14.58% 10.81% 10.10% 10% 10.97% 14.06% 13.78% 14.91% FY08 FY09 FY10 FY09 FY10* FY10** Core capital ratio Risk weighted capital ratio FY09 FY10* FY10** Core capital ratio & Riskweighted capital ratio Malaysia Singapore BII Others * Entire electable portion paid in cash under Dividend Reinvestment Plan (DRP) ** Entire electable portion reinvested under DRP 22
24 PATAMI rose to RM3.8 billion RM million FY10 30 Jun 10 FY09 30 Jun 09 YoY change 4Q10 30 Jun 10 3Q10 31 Mar 10 QoQ change Net interest income 6, , % 1, , % Income from Islamic Banking 1, , % % Non interest income 4, , % 1, , % Total net income 12, , % 3, , % Overhead expenses (6,412.1) (5,559.2) 15.3% (1,616.4) (1,586.1) 1.9% Loan Loss Provision & Impairment on securities (1,211.0) (1,896.3) 36.1% (334.6) (173.0) 93.4% Operating Profit 5, , % 3% 1, , % 74% Write off and impairment losses on goodwill and investment Share of profits in associates (1,972.6) % % Profit Before Tax 5, , % 1, , % PATAMI 3, % , % Normalised PBT % 1, , % 1% 23
25 Normalised PBT for FY10 grew 31.7% YoY RM million FY10 FY09 YoY Profit Before Tax (PBT) 5, , % Unrealised (gain)/losses on derivatives (306.2) Forex MTM (gain) / losses (145.6) Amortisation of BII s Customer Deposits Intangibles Impairment of BII and MCB 1,972.6 BII related acquisition items (290.4) Normalised PBT 5, , % 24
26 Encouraging loans growth well funded by growth in deposits Loansdriven by stronger consumer and BII loans growth Deposits growth RM billion Jun 10 Jun 09 YoY Growth Total % Domestic % Consumer, of which % Securities % Vhil Vehicles % Residential % RM million Malaysia Singapore BII Others % 0.7% + 8.9% % FY10 FY09 Credit Card % Business and Corporate % Overseas % S'pore (SGD b) % (3.4%*) BII (Rp trillion) % (37.7%*) Loans to Deposit ratio Group 88.0% Malaysia 85.4% Singapore 85.4% 87.4% 89.3% 87.7% 7% 86.8% 88.8% 82.6% Others Gross Loans % BII 85.4% 81.4% 92.1% * Growth in Ringgit terms FY08 FY09 FY10 25
27 Non Interest Income driven by commission, service charges, fees and forex +38% 4, % 3, % FY09 FY10 RM million 2, , % +5% +92% +11% +281% Total Commission, service Foreign Exchange Net premiums Investments and Other Income Unrealised gain charges & fees written Trading Income / (losses) on securities & derivatives 26
28 Expenses grew slower than revenue growth Personnel costs 15.3% IT expenses 6,412.1 Marketing expenses Change QoQ % YoY % Admin, general expenses, fees & brokerage Insurance claims 5, ,279.3 Personnel costs 0.2% 14.3% IT expenses 5.1% 0.1% 1.9% 1,783.6 Marketing expenses 64.3% 1.3% 1, , Admin, general expenses & fees & brokerage 21.9% 27.8% Insurance claims 25.5% 3.9% RM million , ,918.4 Total 1.9% 15.3% Q10 4Q10 FY09 FY10 27
29 Other key ratios continued to improve ROE on normalised basis driven by higher revenue Fee to Income strong compared to last year 37.1% 17.2% 12.8% 13.6% 33.8% 33.0% FY08 FY09 FY10 FY08 FY09 FY10 Net Interest Margin driven by OPR hikes Cost to Income declined YoY 2.76% 2.72% 2.82% 2.77% 2.76% 2.84% 2.82% FY % FY % (Normalised ) 49.8% FY % FY % 49.8% 50.3% 49.7% 49.4% 4Q09 1Q10 2Q10 3Q10 4Q10 4Q09 1Q10 2Q10 3Q10 4Q10 28
30 Higher dividend payout Final gross dividend payout of 44 sen (33 sen net) subject to Dividend Reinvestment Plan Net dividend of 33 sen = 3 sen cash portion + 30 sen electable portion Gross Dividend (sen) and Payout Ratio (%) 60.0% 61.0% 76.5% FY08 FY09 FY10 FY08 full year dividends are adjusted for rights issue 29
31 Financial Performance: FY ending 30 June 2010 Business Review Country Review: Singaporeand and Indonesia Appendix 30
32 Improved performance across all business segments 22.4% Revenue (RM million) 10,519 12,872 4, % 4,460 2, % 3,749 2, % 2, % 10.7% 716 1, , FY09 3.1% 236 FY10 2.9% (554) (570) Profit befo ore tax (RM million) Total 220.8% 5,370 1,674 1,476 Consumer Banking 8.3% 1,598 International Banking % Business and Corporate Banking 1, ,215 Global Markets Insurance and Asset Management 30.5% 135.1% 549 1, % 442 Investment Banking % 8% 144 Corporate Office 72.1% 570 2,043 31
33 Consumer Banking: Housing Loans and Auto Loans 16% 15% 14% 13% 12% 11% 10% Housing Loans market share stabilising 14.9% 1.0% 13.9% 0.5% 13.4% RM millio on Uplift in new housing loans FY09: RM0.63 bil FY08 FY09 FY10 Housing includes other mortgage loans 242% uplift FY10: RM2.14 bil. 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 Improving auto loans market share 18% 17.4% 17% 16.8% 16% 15.7% 15% 14% FY08 FY09 FY10 RM millio on 1, Uplift in new auto Loans FY09 RM1.98 b 25% uplift FY10 RM2.48 b 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 32
34 Business and Corporate Banking Loansgrowth led by Commercial and Corporate Banking Improvement e in Asset Quality (Gross NPL ratio) lion RM bil SME Commercial Banking Corporate Banking Business Banking Corporate Banking 11.7% 12.3% 11.5% 10.2% 10.8% 1.0% 12% 1.2% 13% 1.3% 13% 1.3% 13% 1.3% FY09 FY10 Jun 09 Sep 09 Dec 09 Mar 10 Jun 10 Growth spearheaded by term loans Diversified loans by economic sector Trade Bills 1.4% STRC 2.6% OD 0.3% Term Loans FY10 FY % Transport & Comm. 8% Wholesale & Retails Trade 12% Construction 15% Finance, Insurance, Real Estate 27% Education & Health 2% Sectors N.E.C 2% Primary Agriculture 4% Utilities 7% Manufacturing 23% 33
35 Global Markets Strong growth in Revenue and PBT 99.2% Securities Portfolio Total RM54.2 billion BII, 6% RM billion 1, % 1,291.0 Others, 2% Negotiable Instruments of Deposits / BA, 4% Government Securities, 51% PDS / Corporate Bonds, 36% Credit ditrti Rating for Private Pi Debt btsecurities in Malaysia Ml A+ and bl below, 25.4% AAA, 38.7% FY09 FY10 Revenue PBT AA to AA+, 35.9% 34
36 Insurance and takaful Market Share: No. 1 in Life/Family (new business) Market Share: No. 1 in General Etiqa 18.9% Etiqa 10.1% ING Insurance 13.7% Allianz General 9.5% Great Eastern 12.5% AMG Insurance 8.7% Prudential 11.0% Kurnia 7.2% MAA 58% 5.8% MSIG 6.1% Source : ISM Report 0% 5% 10% 15% 20% 0% 5% 10% Combined Gross Premium grew 27% YoY Combined Regular Premium Single Premium Total Life/Family Motor Fire Total General +27% Overall Loss Ratio Lower Than Industry 55.3% (Maybank) vs 61.3% (Industry) 79.2% +8% 75.8% Motor 70.4% 66.6% Life/Family +54% Misc. 48.3% +33% FY % 43.3% 45.3% FY09 +8% MAT 20.3% General 7.3% 6.4% 8.4% +23% 32.0% 9.3% +16% Fire 15.1% 1% 21.0% Industry 61.3% 79.5% 43.8% 29.1% 26.4% RM billion Q10 2Q10 3Q10 4Q10 35
37 Islamic Banking n RM billio Income and PBT 1,536 FY09 +20% 1, FY10 +12% Total Attributable Income PBT and zakat Am Islamic, 7% Leading market share (by Total Assets) Others, 42% Maybank Islamic, 17% Public Islamic, 11% Maybank Islamic s Total Asset grew 28% to RM44.5 bil. in FY10 CIMB Islamic, 12% Bank Islam, 11% Improving key ratios for Maybank Islamic FY10 FY09 Financing to Deposits Ratio 97.0% 105.0% ion RM bill Maybank Islamic financing (YoY growth) +17% FY09 FY % 15% +63% % +59% Islamic Financing to Total Domestic Loans 24.2% 20.5% AITAB House Term Cash Line i Trade Term Financing Financing Financing Financing Consumer: +16% Business: +14% 36
38 Financial Performance: FY ending 30 June 2010 Business Review Country Review: Singaporeand and Indonesia Appendix 37
39 Singapore PBT rose 36% yoy Diversified LoanPortfolio llion SGD mi % Revenue PBT FY09 FY10 SGD billio n % FY09 FY10 Others Car loans Housing Loans General Commerce Building & Construction Asset Quality improving 1.01% 0.93% 0.09% 0.75% 0.63% 0.16% 0.10% 0.77% 0.07% 0.09% Loans Growth exceeds Industry 32.0% 18.4% 13.6% 16.2% 30.6% 23.4% 4.97% 6.8% 1.38% 4.0% Maybank Singapore Growth 4Q09 1Q10 2Q10 3Q10 4Q10 Jun 06 Jun 07 Jun 08 Jun 09 Mar 10 Gross NPL Net NPL Maybank Singapore Growth Industry Growth 38
40 Bank Internasional Indonesia Income Statementt t Rp Billion Jul 09-Jun 10 Contribution Jul 08-Jun 09 Contribution Interest t income ,065 4,915 Interest expense (2,753) (2,727) Net interest income 3,312 2,188 Non-interest income 1,762 1, Gross Operating income 5,074 3,375 Operating expenses (excluding prov.) (3,419) (2,147) Operating income before provision 1,655 1,228 Provisions (1,048) (1,082) Profit before taxation and zakat Net profit Note: Based on income statement consolidated into Group accounts. The accounts of BII were consolidated into Maybank Group beginning October 2008 after the acquisition of the 56% in BII was completed at the end of September In early December, Maybank completed the acquisition of 97.5% of BII. 39
41 Bank Internasional Indonesia Gross Loans: Composition (Rp trillion) and growth (+36%) (+37%) (+33%) (+4%) (+67%) (+33%) 0.5 Asset Quality 4.74% 3.46% 3.49% 3.20% 2.79% 2.88% 2.39% 2.79% 2.00% 1.85% 1.90% 1.92% 1.87% 1.56% Jun 09 Dec 09 Jun 10 Dec 08 Mar 09 Jun 09 Sep 09 Dec 09 Mar 10 Jun 10 Corporate SMEC Consumer Syariah Subsidiaries Gross NPL Net NPL Net Interest Margin Branches and ATM Branches ATM + CDM 6.85% 6.15% 6.41% 6.62% % 5.91% 5.90% Local Statutory report & Local Accounting Policy NIM 2Q10 = 5.70% 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 De ec 08 ar 09 M Ju un 09 Se ep 09 De ec 09 ar 10 M Ju un 10 Ju un 11 Ju un 12 Projected 40
42 Appendix 43. Asset Quality 44. Capital Adequacy 45. Consumer Banking: Housing Loans and Auto Loans 46. Consumer Banking: Cards 47. Investment Banking 48. Investment Banking: Notable Deals 49. Maybank Group s Regional Network 50. Regional Expansion 51. Bank Internasional Indonesia (BII) 52. BII: WOM Finance 53. MCB Bank 54. Illustration of DRP Computation 41
43 Asset Quality continued to improve. Net NPL declined to 1.2% Non Performing Loans (NPL) Loan Loss Coverage 3.46% 3.50% 3.26% 3.05% 2.90% 200.0% 198.2% 204.4% 198.9% 1.64% 1.60% 1.43% 1.36% 1.22% 180.0% 173.4% 177.9% Malaysia 4Q09 1Q10 2Q10 3Q10 4Q10 Gross NPL Net NPL 160.0% Singapore BII Overall Specific Provision Charge Off Rate 140.0% FY FY % 100.0% 108.9% 104.6% 97.4% 109.4% 108.3% 105.7% 122.0% 117.8% 112.4% 120.5% 117.8% 107.0% 120.3% 110.7% 108.0% SP Charge off rate (bps) 4Q09 1Q10 2Q10 3Q10 4Q % 0% 4Q09 1Q10 2Q10 3Q10 4Q10 42
44 Capital Adequacy remains robust Group 14.81% 13.71% 14.58% 10.81% 10.10% 10.97% FY09 FY10* FY10** Bank Core capital ratio 14.06% Risk weighted capital ratio 13.78% 14.91% * Entire electable portion paid in cash under Dividend Reinvestment Plan (DRP) ** Full electable portion reinvested under DRP FY09 FY10* FY10** Core capital ratio & Risk weighted capital ratio 43
45 Consumer Banking: Housing Loans and Auto Loans Rising Housing LoanStock (RM million) 3,090 2,795 2,244 3,448 4,115 Housing Loans: Improving Asset Quality Gross NPL 7.8% 7.6% 7.1% 6.6% 5.7% 4Q09 1Q10 2Q10 3Q10 4Q10 4Q09 1Q10 2Q10 3Q10 4Q10 Housing includes other mortgage loans Auto Loans: Rising Approvals (RM million) 2,339 2,235 2,254 2,590 2,707 Auto Loans: Improving Asset Quality Gross NPL 1.2% 1.2% 1.1% 1.0% 0.7% 4Q09 1Q10 2Q10 3Q10 4Q10 4Q09 1Q10 2Q10 3Q10 4Q10 44
46 Consumer Banking: Cards Gaining Market Share Card Growth above industry Jun 10 Jun 09 Cardbase 16.6% 15.0% Billings 21.8% 20.7% Receivables 14.4% 14.0% Merchant Sales 29.3% 26.5% Cardbaseexcludes excludes Debitcards Merchant and Billings consist of transactions done through Credit, Charge and Debit cards YoY Maybank Industry* Cardbase 9.0% 17.7% Billings 20.2% 14.4% Receivables 14.8% 11.3% Merchant Sales 23.4% 11.5% Industry figures for cards includes commercial banks and non FI players Between Oct 09 to Jun 10, Maybank s cardbase declined 10.9% vs. industry 19.2% Cards Receivables RM billion Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 45
47 Investment Banking FY10: Strong recovery in fee based income to FY08 level FY FY FY FY FY FY10 Income Segmentation Fee Based Income 82% Other Income 10% Fund Based Income 8% Industry Position & Market Shares : July 09 June 10 Industry Rank Total Value (bil) Deals/Issues Market Share Source: Bloomber rg M&A 5 RM n.a Equity & Rights Offerings 2 RM % Debt Markets Malaysia Domestic Bonds 4 RM % Debt Markets Malaysian Ringgit Islamic Bonds 2 RM % Equity Brokerage % of Bursa Trading Value n.a 6.9% 46
48 Investment Banking: Winning Notable Deals in FY2010 Debt Capital Markets Cagamas Berhad: Islamic and Conventional CP and MTN Issuance Programme (RM60 billion) Bookrunner Sime Darby: RM4.5 billion Islamic MTN Programme and CP/MTN Programme (Combined master limit of RM4.5 billion), Principal Adviser/ Lead Arranger/ Joint Lead Manager Syarikat Prasarana: Government Guaranteed Sukuk Ijarah Medium Term Notes (RM4.0 billion) Joint Lead Manager Government of Indonesia: Trust Certificates due 2014 (USD650 million) International Co-Manager UMW Holdings Bhd: RM300 million Islamic CP/MTN and RM500 million Islamic MTN Principal Adviser/ Lead Arranger/ Lead Manager Putrajaya Holdings Sdn Bhd: Sukuk Musyarakah Islamic Medium Term Notes (RM1.5 billion) Joint Principal Adviser/ Joint Lead Arranger/ Joint Lead Manager Equity Capital Markets Maxis Berhad: Initial Public Offering (RM11,198 million) Joint Lead Manager, Joint Managing Underwriter Malaysia Airline System Berhad: Rights Issue (RM2,673.7 million) Joint Adviser, Joint Underwriter Sunway REIT: Initial Public Offering (RM1,486.8 million) Joint Bookrunner, Joint Underwriter Tenaga Nasional Berhad: Secondary Placement (RM million) Placement Agent UEM Land Holding Berhad: Rights Issue (RM971.3 million) Joint Underwriter 47
49 Maybank Group s Regional Network Other Markets Brunei (3 branches) Treasury Centres Bahrain Pakistan China Papua New Guinea Brunei New York Hong Kong Treasury Centres Growth in selected assets An Binh Bank (95 branches). To increase branches to 150 London and Vietnam (2 Treasury activities branches) Exploring to open 1 additional branch. ASEAN Cambodia (9 branches). To increase branches to 11 by FY2011 Singapore (22 branches) to focus on building strength in key products such as Auto & Housing Loan For Corporate/SMEs, to selectively l grow customer base BII (294 branches). To add 200 branches by 2011 & Double ATMs to 1,500 by Possible conversion of Bank Maybank Indocorp into Syariah Bank Philippines (47 branches). Further expansion of operations in Philippines 48
50 Regional Expansion On Track Gross Revenue (RM million) FY09 1,313 1,185 International: 26.5% FY10 1,388 (12.5%) (11.3%) (10.8%) 288 (2.7%) 1,874 (14.6%) International: 28.9% 463 (3.6%) 7,733 (73.5%) 9,147 (71.1%) Profit Before Tax (RM million) FY09 (4.9%) ( 16.4%) International: 25.4% FY (4.4%) 70 (1.3%) International: 21.0% 618 1, ,243 (36.9%) (74.6%) (15.2%) (79.0%) 49
51 Bank Internasional Indonesia PBT turned positive Customer Deposits Rupiah Billion 3, , Revenue PBT Rupiah tril llion FY09 FY10 Dec 08 Mar 09 Jun 09 Sep 09 Dec 09 Mar 10 Jun 10 Cost to Income Ratio 66.5% 65.0% 61.9% 63.3% 63.0% 63.9% 57.4%* Capital Adequacy: bank only (credit & market risk) 19.44% 20.20% 19.73% 19.08% 14.71% 14.39% 15.57% 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 *Normalized Local Statutory report & Local Accounting Policy Cost to Income Ratio 2Q10 = 59.85% Dec 08 Mar 09 Jun 09 Sep 09 Dec 09 Mar 10 Jun 10 50
52 Bank Internasional Indonesia: WOM Finance Revenue and PBT Monthly Sales Volume Thousands of units Rupiah Billion Revenue PBT YTD Jun 09 YTD Jun 10 Jun 09 Jul 09 Aug 09 Sep 09 Oct 09 Nov 09 Dec 09 Jan 10 Feb 10 Mar 10 Apr 10 May 10 Jun 10 Asset Quality Default Rate 4.76% 7.06% 5.50% 3.43% 2.96% 1.31% 1.94% 1.83% 1.06% 1.17% 16.3% 14.0% 11.8% 5.8% 6.7% 2Q09 3Q09 4Q09 1Q10 2Q10 2Q09 3Q09 4Q09 1Q10 2Q10 Gross NPL Net NPL Default Rate 51
53 MCB Bank: Financial Highlights Revenue and PBT 20,842 20,688 Capital Adequacy Ratio (CAR) 21.2% PKR billion 11,689 12,212 Revenue PBT 18.8% 1H09 1H10 1H09 1H10 Loans and Deposits Key Ratios 1H10 1H09 billion Jun 09 ROA 3.1% 3.3% ROE 25.3% 27.4% Cost to Income Ratio 31.1% 25.2% PKR Jun 10 Loan-Deposit Ratio 61.9% 73.4% NPL Ratio 9.2% 8.6% Net Interest Margin 8.0% 8.1% Loans Deposits Capital Adequacy Ratio 21.2% 19.1% 52
54 Illustration of DRP Computation From our shareholders perspective, based on per 1,000 Maybank shares RM Net Dividend per 1,000 Maybank shares (33 sen) Cash Portion (3 sen) 30 - Electable Portion (30 sen) 300 Number of new Maybank shares acquired assuming shareholder elect to reinvest the entire Electable Portion in new Maybank Shares at RM7.00 per share (Assume average price is RM8.00 with 8.75% discount). 42 new Maybank shares Total cost of 42 new shares : 42 x RM7.00 = RM Remaining balance to be paid in cash 6 Total cash dividend received (RM RM6.00) 36 53
55 Thank You Disclaimer. This presentation has been prepared by Malayan Banking Berhad (the Company ) for information purposes only and does not purport to contain all the information that may be required to evaluate the Company or its financial position. No representation or warranty, express or implied, is given by or on behalf of the Company as to the accuracy or completeness of the information or opinions contained in this presentation. The presentation does not constitute or form part of an offer, solicitation or invitation of any offer, to buy or subscribe for any securities, nor should it or any part of it form the basis of, or be relied in any connection with, any contract, investment decision or commitment whatsoever. The Company does not accept any liability whatsoever for any loss howsoever arising from any use of this presentation or their contents or otherwise arising in connection therewith. MALAYAN BANKING BERHAD 14th Floor, Menara Maybank 100, Jalan Tun Perak Kuala Lumpur, Malaysia Tel : (6) Khairussaleh Ramli Chief Financial Officer Contact: (6) khairul@maybank.com.my Hazimi Kassim Head, Strategy and Corporate Finance Contact: (6) hazimik@maybank.com.my Raja Indra Putra Head, Investor Relations Contact: (6) rajaindra@maybank.com.my 54
Dato Sri Abdul Wahid Omar President & CEO
50 th Annual General e Meeting Dato Sri Abdul Wahid Omar President & CEO 29 September 2010 FY2010: Exceeding our targets Headline KPIs Targets Achievements Return on Equity Revenue (net income) growth
More informationDraft 5 7 April Malayan Banking Berhad. Invest Malaysia 2011 Shangri-La Hotel, Kuala Lumpur April 2011
Draft 5 7 April 2011 Malayan Banking Berhad Invest Malaysia 2011 Shangri-La Hotel, Kuala Lumpur 12-13 April 2011 Progress since Invest Malaysia 2010 Key takeaways from IM 2010 Maybank is strengthening
More informationInvestor Presentation
Investor Presentation Financial Results First Half FY2012 ended 30 June 2012 16 August 2012 0 www.maybank.com Investor Presentation Executive Summary Financial Performance Business Sector Review Country
More informationHumanising Financial Services Across Asia
Humanising Financial Services Across Asia 52 nd Annual General Meeting Presentation to Shareholders Dato Sri Abdul Wahid Omar President and CEO 29 March 2012 0 0 www.maybank.com For the 6-month financial
More informationMalayan Banking Berhad
Malayan Banking Berhad 0 Table of Content Emerging Financial Services Leader Transformation Journey Expansion in ASEAN and Beyond 1 We are the largest Financial Services Group in Malaysia Leadership Position
More informationInvest Malaysia Shangri-La Hotel May
Capitalising i on the ASEAN Marketplace Invest Malaysia 2012 Shangri-La Hotel 29-30 May 2012 0 www.maybank.com Investor Presentation Transformation Journey Growth Drivers Expansion in ASEAN & Beyond Economic
More informationInvestor Presentation
Humanising Financial Services Investor Presentation Financial Results First Quarter FY2015 ended 31 March 2015 28 May 2015 0 www.maybank.com Table of Contents Executive Summary Financial Performance Prospects
More informationMALAYAN BANKING BERHAD Capturing growth opportunities
MALAYAN BANKING BERHAD Capturing growth opportunities Dato Sri Abdul Wahid Omar President and CEO Invest Malaysia 2009 Kuala Lumpur 30 June 2009 Capturing growth opportunities Where we are now Malaysia
More informationMaybank FY12 net profit up 17.6% to record RM5.74 billion Declares Final Net Dividend of 28.5 sen per share for a full year dividend of 52.
PRESS RELEASE 21 February 2013 Maybank FY12 net profit up 17.6% to record RM5.74 billion Declares Final Net Dividend of 28.5 sen per share for a full year dividend of 52.5 sen Highlights FY12 PATAMI jumps
More informationInvestor Presentation
Humanising Financial Services Investor Presentation Financial Results First Quarter FY2018 ended 31 March 2018 28 May 2018 0 www.maybank.com Table of Contents Executive Summary 2 Results Overview 5 Prospects
More informationInvestor Presentation
Humanising Financial Services Investor Presentation Financial Results 4Q and Full Year ended 31 December 2017 28 February 2018 0 www.maybank.com Table of Contents Executive Summary 2 Results Overview 5
More informationHumanising Financial Services. Investor Handout. UBS ASEAN Conference 2015 The Fullerton Hotel. 2 September
Humanising Financial Services Investor Handout UBS ASEAN Conference 2015 The Fullerton Hotel 2 September 2015 0 www.maybank.com Table of Contents Executive Summary Financial Performance Prospects & Outlook
More information53 rd Annual General Meeting Presentation to Shareholders. Tan Sri Dato Megat Zaharuddin Chairman 28 March 2013
53 rd Annual General Meeting Presentation to Shareholders 0 Tan Sri Dato Megat Zaharuddin Chairman 28 March 2013 FY2012 is the first 12-month financial period of our new financial year ended 31 December
More informationMarket Access. M&A Securities. Results Review 1Q16. Malayan Banking Berhad. Hampered by Loan Loss. Monday, May 30, 2016 HOLD (TP: RM9.
M&A Securities Results Review 1Q16 PP14767/09/2012(030761) Malayan Banking Berhad Monday, May 30, 2016 HOLD (TP: RM9.10) Hampered by Loan Loss Results Review Actual vs. expectations. Malayan Banking Bhd
More informationMarket Access. M&A Securities. Results Review 1Q15. Malayan Banking Bhd BUY (TP: RM10.70) Stabilizing Period. Results Review
M&A Securities Results Review 1Q15 PP14767/09/2012(030761) Malayan Banking Bhd BUY (TP: RM10.70) Friday, May 29, 2015 Stabilizing Period Results Review Actual vs. expectation. Malayan Banking Berhad (Maybank)
More informationAnalysts Presentation First Half 2018 Financial Results. Dato' Khairussaleh Ramli Group Managing Director RHB Banking Group 30 August 2018
Analysts Presentation First Half Financial Results Dato' Khairussaleh Ramli Group Managing Director RHB Banking Group 30 August Executive Summary H1 Financial Results Strategy Update Summary and Outlook
More informationInvestor Presentation
Humanising Financial Services Investor Presentation Financial Results 4Q and Full Year ended 31 December 2016 23 February 2017 0 www.maybank.com Table of Contents Executive Summary Results Overview Strategic
More informationExecutive Summary. H Financial Results. Summary
Mr. Kellee Kam Group Managing Director RHB Banking Group 27 August 2014 Executive Summary H1 2014 Financial Results Summary Executive Summary 1 st Half 2014 Results 1 Net profit at RM1.0 billion, up 31.2%
More informationAnalysts Presentation 1 st Quarter 2018 Financial Results. Dato' Khairussaleh Ramli Group Managing Director RHB Banking Group 31 May 2018
Analysts Presentation 1 st Quarter 2018 Financial Results Dato' Khairussaleh Ramli Group Managing Director RHB Banking Group 31 May 2018 Executive Summary 1 st Quarter 2018 Financial Results Summary and
More informationInvestor Presentation Macquarie ASEAN Conference Singapore August
Macquarie ASEAN Conference Singapore 27-29 August 2013 www.publicbank.com.my/corporate Disclaimer 2 The materials and information in the presentations and other documents are for informational purposes
More informationMALAYAN BANKING HOLD. Dividend boost in final quarter Company report. (Maintained) Rationale for report: Company Result BANKING
BANKING MALAYAN BANKING (MAY MK, MBBM.KL) 22 February 2013 Dividend boost in final quarter Company report Rachel Huang huang-teng-siang@ambankgroup.com +603 2036 2293 Rationale for report: Company Result
More informationMarket Access. Results Review 2Q16. M&A Securities. RHB Capital Berhad. Recovery in Decent Traction. Thursday, August 25, 2016 BUY (TP: RM5.
M&A Securities Results Review 2Q16 PP14767/09/2012(030761) RHB Capital Berhad BUY (TP: RM5.80) Thursday, August 25, 2016 Recovery in Decent Traction Results Review Actual vs. expectations. RHB Bank Berhad
More informationPublic Bank Group. Unaudited Q1 Group Results 31 March 2010
Public Bank Group Unaudited Q1 Group Results 31 March 2010 Release Date: 15 April 2010 Quarter 1 2010 Results EXECUTIVE SUMMARY FINANCIAL PERFORMANCE GROWTH PERFORMANCE BUSINESS PERFORMANCE OTHER HIGHLIGHTS
More informationHumanising Financial Services. Investor Handout. Invest ASEAN 2018 Singapore March
Humanising Financial Services Investor Handout Invest ASEAN 2018 Singapore 27 28 March 2018 0 www.maybank.com Table of Contents Maybank s Strategic Presence in ASEAN 2 Key Highlights of 4Q and Full Year
More informationInvestor Presentation OSK-DMG ASEAN Corporate Day 2012 Kuala Lumpur 27 June
OSK-DMG ASEAN Corporate Day 2012 Kuala Lumpur 27 June 2012 www.publicbank.com.my Disclaimer 2 The materials and information in the presentations and other documents are for informational purposes only,
More informationAnalysts Presentation 3 rd Quarter 2017 Financial Results. Dato' Khairussaleh Ramli Group Managing Director RHB Banking Group 27 November 2017
Analysts Presentation 3 rd Quarter Financial Results Dato' Khairussaleh Ramli Group Managing Director RHB Banking Group 27 November Executive Summary 3 rd Quarter Financial Results Strategy Update Summary
More informationPublic Bank Group. Presentation to Investors J.P. Morgan Asia Financials Conference Hong Kong March 2011
Public Bank Group Presentation to Investors J.P. Morgan Asia Financials Conference Hong Kong 10-11 March 2011 Disclaimer The materials and information in the presentations and other documents are for informational
More informationMarket Access. M&A Securities. Results Review 1Q15. BIMB Holdings Bhd BUY (TP:RM4.84) Brilliant Beginning. Results Review
M&A Securities Results Review 1Q15 PP14767/09/2012(030761) BIMB Holdings Bhd BUY (TP:RM4.84) Wednesday, May 27, 2015 Brilliant Beginning Results Review Actual vs. expectation. BIMB Holdings Berhad (BIMB)
More informationInvestor Presentation
Investor Presentation Financial Results Fourth Quarter & Full Year FY2012 21 February 2013 0 www.maybank.com Table of Contents Executive Summary Financial Performance Prospects & Outlook 2 13 31 Appendix:
More information12 April th Annual General Meeting Presentation to Shareholders by Datuk Mohaiyani Shamsudin, Chairman
12 April 2018 58 th Annual General Meeting Presentation to Shareholders by Datuk Mohaiyani Shamsudin, Chairman 00 RM million Against a backdrop of improving global economic growth in 2017... Maybank Group
More informationAnalysts Presentation 3 rd Quarter 2018 Financial Results. Dato' Khairussaleh Ramli Group Managing Director RHB Banking Group 27 November 2018
Analysts Presentation 3 rd Quarter Financial Results Dato' Khairussaleh Ramli Group Managing Director RHB Banking Group 27 November Executive Summary 3 rd Quarter Financial Results Strategy Update Summary
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 informationAmBank Group - Strategy and Progress Update (ANZ Asia Tour)
AMMB Holdings Berhad AmBank Group - Strategy and Progress Update (ANZ Asia Tour) Jun 2010 Ashok Ramamurthy Deputy Group Managing Director & Group Chief Financial Officer Executive Summary Strategy & Progress
More informationGroup Audited Financial Results for the Year Ended 31 December 2008
Group Audited Financial Results for the Year Ended 31 December 2008 Analysts Briefing By Tan Sri Dato Sri Tay Ah Lek Managing Director 20 January 2009 22% Growth in Net Profit to RM2.58 billion RM million
More informationFirst Quarter 2017 Results Presentation 09 May 2017
First Quarter 2017 Results Presentation 09 May 2017 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 informationRHB BANK BERHAD 51 st ANNUAL GENERAL MEETING. Dato Khairussaleh Ramli Group Managing Director Presentation To Shareholders 26 th April 2017
RHB BANK BERHAD 51 st ANNUAL GENERAL MEETING Dato Khairussaleh Ramli Group Managing Director Presentation To Shareholders 26 th April 2017 Overview FY2016 Performance Review IGNITE 2017 2017 Outlook 2016
More information2015 Full Year Results Presentation
2015 Full Year Results Presentation 17 February 2016 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 information2017 Full Year Results Presentation 14 February 2018
2017 Full Year Results Presentation 14 February 2018 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 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 informationSecond Quarter 2017 Results Presentation 27 July 2017
Second Quarter 2017 Results Presentation 27 July 2017 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 information57 th Annual General Meeting Presentation to Shareholders Questions from the Minority Shareholder Watchdog Group (MSWG) 6 April 2017
57 th Annual General Meeting Presentation to Shareholders Questions from the Minority Shareholder Watchdog Group (MSWG) 6 April 2017 00 1. The Group President & CEO s Statement on page 29 of the Annual
More informationHumanising Financial Services. Invest Malaysia Shangri-La Hotel, Kuala Lumpur January
Humanising Financial Services Invest Malaysia 2018 Shangri-La Hotel, Kuala Lumpur 23-24 January 2018 0 www.maybank.com Table of Contents Maybank Overview: Strategy and Performance 2 Appendix: 1. Financial
More informationPublic Bank Group Unaudited Q3 Group Results
Public Bank Group Unaudited Q3 Group Results 30 September 2010 Release Date: 18 October 2010 Quarter 3 2010 Results EXECUTIVE SUMMARY FINANCIAL PERFORMANCE GROWTH PERFORMANCE BUSINESS PERFORMANCE OTHER
More informationMarket Access. Briefing Notes. M&A Securities. BIMB Holdings Bhd BUY (TP:RM4.60) Shifting into High Gears
M&A Securities Briefing Notes PP14767/09/2012(030761) BIMB Holdings Bhd BUY (TP:RM4.60) Monday, October 12, 2015 Shifting into High Gears We attended post-1h15 results briefing organized by BIMB Holdings
More informationRHB Bank Reports Pre-tax Profit of RM1.2 billion for the First Half of 2016
FOR IMMEDIATE RELEASE RHB Bank Reports Pre-tax Profit of RM1.2 billion for the First Half of 2016 Total income increased by 4.9% to RM3,200.6 million Cost-to-income ratio improved to 49.5% from 54.2% in
More informationBanking Sector. (Neutral) BNM Cut 25bps OPR in Unexpected Move
M&A Securities PP14767/09/2012(030761) Tuesday, July 19, 2016 Banking Sector (Neutral) BNM Cut 25bps OPR in Unexpected Move The move by BNM to cut OPR by 25bps will have reverberating impact to the banking
More informationInvestor Presentation CLSA Investors Forum Hong Kong September 2017
www.publicbankgroup.com CLSA Investors Forum Hong Kong 11-15 September 2017 Disclaimer The materials and information in the presentations and other documents are a summary only, do not purport to contain
More informationBANKING SECTOR. Rationale for report: Banking statistics for January 2017
BANKING SECTOR Sector Report 2 March 2017 Kelvin Ong,CFA kelvin-ong@ambankgroup.com 03-20362294 Higher deposit growth with stronger CASA momentum Rationale for report: Banking statistics for January 2017
More informationThird Quarter 2017 Results Presentation 26 October 2017
Third Quarter 2017 Results Presentation 26 October 2017 Disclaimer: This material should be read as an overview of OCBC s current business activities and operating environment. It should not be solely
More informationEarnings presentation Financial year 2011 results
AbuDhabiCommercial BankPJSC Earnings presentation Financial year 2011 results 1 Disclaimer This document has been prepared by Abu Dhabi Commercial Bank PJSC ( ADCB ) for information purposes only. The
More informationRHB Bank Records RM1.7 Billion Net Profit for Financial Year 2016
FOR IMMEDIATE RELEASE RHB Bank Records RM1.7 Billion Net Profit for Financial Year 2016 Operating profit before allowances recorded strong growth of 21.6% to RM3,094.5 million Cost-to-income ratio improved
More informationFINAL SLIDES FY 2015 RESULTS PRESENTATION TO ANALYSTS/FUND MANAGERS 7 MARCH 2016
FINAL SLIDES FY 2015 RESULTS PRESENTATION TO ANALYSTS/FUND MANAGERS 7 MARCH 2016 Key Highlights Financial Performance Strategic Focus Updates on Affin Hwang Capital 2 Key Highlights Financial Performance
More informationMALAYAN BANKING BHD (MAYBANK)
MALAYAN BANKING BHD (MAYBANK) All figures in millions of Ringgit Malaysia except per share values and ratios Analysis Date: 16/06/2013 Financial Year: 2012 31/12/2012 Latest Quarter: 31/12/2012 Price:
More informationAnalyst Presentation 1Q18 Results
CIMB Group Analyst Presentation 1Q18 Results 30 May 2018 Key Financial Highlights Net Profit (RM) ROE Gross Loan (RM) ^ *^ ~ 1,306mil +10.7% Y-o-Y 10.2% -10bps Y-o-Y 323.1bn +0.5% Y-o-Y Cost-to-Income
More informationInvestor Day 19 March 2013
Investor Day 19 March 2013 Muzaffar Hisham Chief Executive Officer, Maybank Islamic Head, Group Islamic Banking Table of Contents Introduction 3 About Maybank Islamic 9 Financial Performance 16 Prospects
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 informationRHB Bank s Net Profit Grows 9.4% to RM1.0 billion for First Half 2017
FOR IMMEDIATE RELEASE RHB Bank s Net Profit Grows 9.4% to RM1.0 billion for First Half 2017 Pre-tax profit of RM1.3 billion, up by 7% Cost-to-income ratio at 49.3% Gross loans of RM156.6 billion, up by
More informationRHB Capital Berhad Records RM1.0 billion Net Profit for first half 2015
FOR IMMEDIATE RELEASE RHB Capital Berhad Records RM1.0 billion Net Profit for first half 2015 Revenue at RM3.0 billion, up 2.9% Pre-tax profit at RM1.3 billion, lower by 2.9%. Normalized pre-tax profit
More informationHONG LEONG BANK BHD (HLBK MK, HLBB.KL) 28 February 2012
- BANKING HONG LEONG BANK BHD (HLBK MK, HLBB.KL) 28 February 2012 Strong realisation of merger synergies Company report Rachel Huang huang-teng-siang@ambankgroup.com +603 2036 2293 Rationale for report:
More informationAnalyst Presentation 1H18 Results
Analyst Presentation 1H18 Results CIMB Group Holdings 29 August 2018 Key Financial Highlights Net Profit (RM) ROE Gross Loan (RM) ^ *^ ~ 2,359mil +3.3% Y-o-Y 9.7% -20bps Y-o-Y 329.9bn +3.4% Y-o-Y Cost-to-Income
More informationMarket Access. Company Update. M&A Securities. Public Bank Berhad. Wednesday, April 27, BUY (Target Price: RM21.38) Proves to be Bellwether
M&A Securities Company Update PP14767/09/2012(030761) Public Bank Berhad Wednesday, April 27, 2016 BUY (Target Price: RM21.38) Proves to be Bellwether We recommend investors to accumulate Public Bank Bhd
More informationAnalysts Presentation FY2017 Financial Results. Dato' Khairussaleh Ramli Group Managing Director RHB Banking Group 27 February 2018
Analysts Presentation FY2017 Financial Results Dato' Khairussaleh Ramli Group Managing Director RHB Banking Group 27 February 2018 Executive Summary FY2017 Financial Results Strategy Update Summary and
More informationInvestor Presentation FY2012 Financial Results
Investor Presentation FY Financial Results Mr. Kellee Kam Group Managing Director RHB Banking Group 26 February 2013 AGENDA Executive Summary FY Financial Results OSK Investment Bank - Integration Updates
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 informationRHB Capital Berhad s First Half 2014 Net Profit at RM1.0 billion, up 31.2% year-on-year
FOR IMMEDIATE RELEASE RHB Capital Berhad s First Half 2014 Net Profit at RM1.0 billion, up 31.2% year-on-year Total income at RM2.9 billion, up 4.1% Pre-tax profit increased by 31.4% to RM1.4 billion Gross
More informationPress Releases. RHB Capital Berhad ś First Half 2014 Net Profit at RM1.0 billion, up 31.2% year-on-year
RHB Capital Berhad ś First Half 2014 Net Profit at RM1.0 billion, up 31.2% year-on-year Total income at RM2.9 billion, up 4.1% Pre-tax profit increased by 31.4% to RM1.4 billion Gross loans expanded by
More informationRHB Bank Posts 16% Growth in Net Profit at RM1.16 billion for First Half of 2018
RHB Bank Posts 16% Growth in Net Profit at RM1.16 billion for First Half of 2018 Total income grew 8.1% Y-o-Y Pre-tax profit rose 19.3% to RM1.56 billion Cost-to-income ratio improved further to 49.1%
More informationICICI Group: Strategy & Performance. February 2010
ICICI Group: Strategy & Performance February 2010 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty
More informationTopline Driven Growth BUY. Last Traded: RM4.19
C O M P A N Y U P D A T E Wednesday, March 14, 2018 FBMKLCI: 1,864.03 Sector: Finance THIS REPORT IS STRICTLY FOR INTERNAL CIRCULATION ONLY* AMMB Holdings Berhad TP: RM4.70 (+12.2%) Topline Driven Growth
More informationAxiata Registers Excellent Growth in All Key Metrics; Profit Before Tax at RM2 Billion Mark Axiata on Track to Meet Headline KPIs
FOR IMMEDIATE RELEASE Axiata Registers Excellent Growth in All Key Metrics; Profit Before Tax at RM2 Billion Mark Axiata on Track to Meet Headline KPIs Normalised PATAMI grew 10.3% YTD, 12.2% YoY Data
More informationCONNECTING LIVES IN OUR DIGITAL WORLD % Shareholder Returns. RM11.69 billion. Humanising Financial Services ANNUAL REPORT 2016
ANNUAL REPORT 2016 FINANCIAL STATEMENTS CONNECTING LIVES IN OUR DIGITAL WORLD Humanising Financial Services RM11.69 billion New Record High Pre- Provisioning Operating Profit 13.990% Shareholder Returns
More informationRHB Capital Berhad Net Profit Rises to RM2.04 billion
FOR IMMEDIATE RELEASE RHB Capital Berhad Net Profit Rises to RM2.04 billion Total income increased by 4.8% to RM6.2 billion Pre-tax profit increased by 10.7% to RM2.7 billion Gross loans grew by 17.0%
More informationRHB Bank Records RM500.3 Million Net Profit for the First Quarter 2017
FOR IMMEDIATE RELEASE RHB Bank Records RM500.3 Million Net Profit for the First Quarter 2017 Higher non-fund based income lifted earnings over the previous quarter Cost-to-income ratio improved to 48.9%
More informationCIMB s FY17 PBT up 25.1% to a record RM6.11 billion
CIMB s FY17 PBT up 25.1% to a record RM6.11 billion Wednesday, 28 February 2018 for immediate release Record operating income of RM17.63 billion (+9.7% Y-o-Y) FY17 PBT improved 25.1% Y-o-Y to RM6.11 billion
More informationInvestor Presentation UBS APAC Financials Conference 2018 Hong Kong May 2018
FORGING A SUSTAINABLE FUTURE UBS APAC Financials Conference 2018 Hong Kong 23-25 May 2018 www.publicbankgroup.com Quick Facts One of the Largest Premier Banks in Malaysia In 1966, Tan Sri Dato Sri Dr.
More informationCIMB Group chalks a record RM3.29 billion 1H18 Net Profit
CIMB Group chalks a record RM3.29 billion 1H18 Net Profit Wednesday, 29 August 2018 for immediate release 1H18 record net profit of RM3.29 billion (+44.0% Y-o-Y) bolstered by RM928 million gain on sale
More information57 th Annual General Meeting Presentation to Shareholders by Datuk Mohaiyani Shamsudin, Chairman. 6 April 2017
57 th Annual General Meeting Presentation to Shareholders by Datuk Mohaiyani Shamsudin, Chairman 6 April 2017 0 0 Net Profit (RM billion) New revenue high of RM22.26 billion and low cost growth of 2.8%
More informationInvestor Presentation. For 2016
Investor Presentation For 216 Bangkok Bank 1. Operating Environment 2. Our Financial Results 216 3. Bangkok Bank s Position 4. Our Key Focus & Strategy 2 The Thai Economy: Steady Trend of Moderate Recovery
More informationCIMB Group announces record RM1.74 billion Profit Before Tax for 1Q18
CIMB Group announces record RM1.74 billion Profit Before Tax for 1Q18 Wednesday, 30 May 2018 for immediate release 10.7% Y-o-Y growth in net profit to RM1.31 billion with annualised ROE of 10.2% 1Q18 PBT
More informationKey Performance Highlights (H1FY11 vs H1FY10)
Press release, 12 November 2010 AMMB delivers a strong performance, PATMI of RM 701.2 mil for H1FY11, up 40.7% HoH Higher revenues and lower allowances, and good loans and deposit growth Proposed interim
More informationANALYST MEETING. PT Bank Tabungan Negara (Persero) Tbk. Business & Financial Performances as of December 31, Jakarta, February 26 th 2015
ANALYST MEETING PT Bank Tabungan Negara (Persero) Tbk. Business & Financial Performances as of December 31, 2014 Jakarta, February 26 th 2015 Disclaimer IMPORTANT: The following forms part of, and should
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 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 informationAmBank Group Reports Net Profit of RM878.7 million for 9MFY18
Media Release 28 February 2018 AmBank Group Reports Net Profit of RM878.7 million for 9MFY18 AMMB Holdings Berhad (AmBank Group or the Group) today announced the financial results for the 9 months ended
More informationNeutral (Maintained)
3 Sector Update, 1 September July Statistics: Loan Growth Still Struggling Neutral (Maintained) Macro Risks Growth Value System loans growth 1 Source: Bank Negara Malaysia Loan (MYRbn - LHS) Loan Growth
More informationThird Quarter 2005 Results Presentation
Third Quarter 2005 Results Presentation 9 November 2005 Agenda Results Overview Performance Trends Results of Key Subsidiaries Conclusion 2 Results at a Glance - Quarterly 3Q05 3Q04* YoY 2Q05 QoQ S$m S$m
More informationRHB Capital Berhad Provisions likely to be higher moving forward
29 Feb 2016 4QFY15 Results Review RHB Capital Berhad Provisions likely to be higher moving forward INVESTMENT HIGHLIGHTS 12MFY15 normalised net profit of RM1.74b was below our expectation accounting for
More informationCIMB Group CIMB MK Sector: Banking
Group s outlook stabilizing We believe that the CIMB Group is on track for an earnings recovery subsequent to being bogged down with hefty provision costs from Indonesia as well as a restructuring and
More informationCIMB Group announces RM3.41 billion Net Profit for 9M17
CIMB Group announces RM3.41 billion Net Profit for 9M17 Tuesday, 28 November 2017 for immediate release Record quarterly operating income of RM4.42 billion in 3Q17 9M17 PBT improved 24.6% Y-o-Y to RM4.57
More informationAMMB Holdings Berhad. Maintain NEUTRAL Revised Target Price (TP): RM5.55 (from RM4.55)
01 June 2017 4QFY17 Results Review AMMB Holdings Berhad Earnings growth due to NOII Maintain NEUTRAL Revised Target Price (TP): RM5.55 (from RM4.55) INVESTMENT HIGHLIGHTS FY17 earnings were within expectations
More informationOCBC Group Full Year 2018 Net Profit Grew 11% to a Record S$4.49 billion. Fourth quarter earnings from banking operations rose 22%
Media Release OCBC Group Full Year 2018 Net Profit Grew 11% to a Record S$4.49 billion Fourth quarter earnings from banking operations rose 22% Proposed final dividend of 23 cents per share, up 15% from
More informationThe Merger of Maybank and Kim Eng
The Merger of Maybank and Kim Eng A Catalyst for Maybank s ASEAN Investment Build-out 13 June 2011 Slide 0 Table of Contents Transaction Overview About Kim Eng Outcome of the Combination Pro Forma Financial
More informationANALYSTS/FUND MANAGERS PRESENTATION 9MFY17 FINANCIAL RESULTS 30 NOVEMBER 2017
ANALYSTS/FUND MANAGERS PRESENTATION 9MFY17 FINANCIAL RESULTS 30 NOVEMBER 2017 Agenda 1 Key Performance Highlights 2 Results Overview 3 Affinity Transformation Program 4 Proposed Reorganization 5 References
More informationInvestor Presentation. FY 2013 Financial Results
Investor Presentation FY 2013 Financial Results Mr. Kellee Kam Group Managing Director RHB Banking Group 24 February 2014 AGENDA Executive Summary FY2013 Financial Results Integration Update Going Forward
More informationCIMB Group announces RM4.54 billion Net Profit for FY13
CIMB Group announces RM4.54 billion Net Profit for FY13 Tuesday, 25 February 2014 for immediate release 1) Summary CIMB Group Holdings Berhad ( CIMB Group ) today reported a record net profit of RM4.54
More informationANALYST MEETING. PT Bank Tabungan Negara (Persero) Tbk. Business & Financial Performances as of 30 Sept Jakarta, Oktober 2011
ANALYST MEETING PT Bank Tabungan Negara (Persero) Tbk. Business & Financial Performances as of 30 Sept 2011 Jakarta, Oktober 2011 Disclaimer IMPORTANT: The following forms part of, and should be read in
More informationAbu Dhabi Commercial Bank PJSC Q1 15 Investor presentation
Abu Dhabi Commercial Bank PJSC Q1 15 Investor presentation THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES. IT IS SOLELY FOR USE AS AN INVESTOR PRESENTATION AND
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 informationFirst Quarter 2008 Results
First Quarter 2008 Results Presentation 7 May 2008 1 Agenda Results Overview Performance Trends Results of Key Subsidiaries In Summary Appendix: Update on CDOs 22 Core Net Profit Fell 10% YoY, Grew 8%
More informationQ2/1H FYE19 Results Update
Listing Board Bursa Malaysia Securities Berhad, Main Market Stock Name/ Code AEONCR/ 5139 /1H Results Update 7 Nov 2018 Forward-Looking Statements This document has been prepared by AEON Credit Service
More information