PT Bank Internasional Indonesia Tbk (BII)

Transcription

1 Perkembangan Bank Internasional Indonesia (BII) Rapat Komite Informasi LPS PT Bank Internasional Indonesia Tbk (BII) 1H13 Financial Results Jakarta, 29 July 2013 Jakarta,

2 Summary of 1H13 Performance BII in Brief Financial Highlights Awards Event & Corporate Social Responsibility (CSR) Highlight Financial Results 1H13 Page 2

3 Highlights : BII Records 15% Increase in Net Profit for Six Months Strong Deposits Growth amidst the Current Challenging Market 30 June 2013 Financial Highlights YoY Growth Net interest Income increased by 9% Net Interest Margin (NIM) decreased to 5.34% in June 2013 from 5.89% in June 2012 Profit Before Tax ( PBT ) increased by 17% to Rp966 billion Profit After Tax and Minority Interest ( PATAMI ) increased by 15% to Rp681 billion Assets grew by 19% to Rp121.4 trillion Loans portfolio grew by 16% to Rp85.1 trillion Customer Deposits increased 19% to Rp91.1 trillion Asset quality improved further with gross NPL standing at 1.43% compared to 2.11% in June 2012 and net NPL at 0.73% compared to 0.98% in June 2012 Return on equity recorded at 15.72%, while ROA stood at 1.61% Earnings per share increased by 15.1% to Rp12.10 Total Shariah financing grew from Rp0.4 trillion to Rp3 trillion and net profit increased almost ten times reaching Rp99.9 billion in June 2013 from Rp9.7 billion in June 2012 Financial Results 1H13 Page 3

4 Summary of 1H13 Performance BII in Brief Financial Highlights Awards Event & Corporate Social Responsibility (CSR) Highlight Financial Results 1H13 Page 4

5 BII - Ownership 88.29% No. of Branches No. of Employees Total Assets (Jun 13) :421 (BII incl. Syariah & Overseas branch) + 212(WOM) + 35 (BIIF) * : 12,184 (consolidated); 7,573 (BII Only) : IDR Trillion (Consolidated) 62% 99.99% Public Listed Company (WOMF.JK) Focus of Business : 2-Wheels Financing No. of Branches : 212 No. of Employees : 4,339 Focus of Business : 4-Wheels Financing No. of Branches : 35 * No. of Employees : 272 Note *: Including Sales Point Unit Financial Results 1H13 Page 5

6 BII Banking Franchise Where we are now Size (consolidated) Total Assets : IDR 121,439 billion Total Equity : IDR 9,863 billion Total Net Profit : IDR 681 billion 668 branches consisting of 421 BII branches, 212 WOM branches and 35 BII Finance branches (incl. Sales Point Unit), 7 Mobil Kas Keliling (MKK) Reach 1,426 ATMs including 65 CDMs Connected to more than 20,000 ATMs (via ALTO, ATM Bersama, Prima, MEPS, Cirrus & Plus). Present in all provinces in Indonesia 4.3 million customers 12,184 employees consisting of BII : 7,573 employees, WOM : 4,339 employees and BIIF : 272 employees Rating Company Rating : idaaa (PEFINDO), AAA(idn) (FITCH) Issuance Ratings : idaaa (PEFINDO) ; AAA(idn) (FITCH) for Senior Debt and idaa+ (PEFINDO); AA(idn) (FITCH) for Sub debt Financial Results 1H13 Page 6

7 Strategy by 2015 Strategy Statement Mission Group Vision Statement To be a Regional Financial Services Leader Group Mission Statement Humanising Financial Services Across Asia To be the leading relationship bank in Indonesia by truly being in the community, serving through customized products & solutions and delivering high quality of services Humanising Financial Services Syariah Global Banking: Your primary bank Tailoring financial services to your needs Segment Focus: Focus on mid sized corporate companies Selective play in large corporates Business Banking: Empowering Your Community We offered tailored personal and business solutions for you and your community through superior service and convenience Segment Focus: Explicit approach to target cashrich industries Focus on small & medium sized enterprises and Emerging Business Enter micro business Retail Banking: World Class Services We provide distinctive privileged and relationship-based services Segment Focus: Affluent: Target with strengthened Platinum Access Center (PAC) Explicit proposition for Mass Affluent Mass: Continue to target using segmentation-led approach Syariah Be a major player in Syariah by offering Syariah solutions across all Business Segments Distribution: Superior customer service and effective sales across all points of presence (Branch, ATM, Web, Phone) Operations & IT: Streamlined end to end processes to deliver our commitment on fast services HR: Distinctive value proposition for employees a strong talent program management Risk: Best in class risk models & policies to enable rapid profitable growth Finance: Fair and transparent budgeting, allocation with strong governance on spend effectiveness Financial Results 1H13 Page 7

8 Summary of 1H13 Performance BII in Brief Financial Highlight Awards Event & Corporate Social Responsibility (CSR) Highlight Financial Results 1H13 Page 8

9 Income Statement PATAMI growth of 15% year on year Quarterly Income Statement Annual Income Statement 2Q12 1Q13 2Q13 Rp. Billion Jun-12 Jun-13 A B C C/B D E E/D 1,409 1,380 1,430 4% Net Interest Income 2,577 2,810 9% (17%) Non Interest Income 1,111 1,166 5% 1,892 2,018 1,958 (3%) Gross Operating Income 3,688 3,976 8% (1,176) (1,461) (1,363) (7%) Operating Expenses (excl. Provision) (2,423) (2,825) 17% % Operating Income before Provision 1,265 1,152 (9%) (334) (195) (129) (34%) Provisions (555) (324) (42%) % Operating Income After Provision % (18%) Non Operating Income (expense) % % Profit Before Minority Interest & Tax % 9 (3) (6) 126% Minority Interest 17 (9) (153%) (128) (126) (150) 19% Tax (249) (276) 11% % PATAMI % Source of data : Publish report Financial Results 1H13 Page 9

10 Balance Sheet Total Assets have grown by 19% Year on Year (YoY) Dec-12 Mar-13 Jun-13 Rp. Billion Jun-12 Jun-13 A B C C/B D E E/D 80,949 79,747 85,105 7% Loans 73,503 85,105 16% 3,707 3,709 3,670 (1%) Government Recap. Bonds 3,675 3,670 (0%) 17,257 19,804 18,070 (9%) Other Earning Assets 12,962 18,070 39% 115, , ,439 3% Total Assets 102, ,439 19% 85,947 89,273 91,126 2% Deposits from Customer 76,573 91,126 19% 14,697 13,955 15,110 8% - Current Account 13,473 15,110 12% 18,795 19,277 20,279 5% - Saving Account 15,960 20,279 27% 52,455 56,041 55,738 (1%) - Time Deposit 47,140 55,738 18% 2,420 2,437 2,502 3% Borrowing 1,873 2,502 34% 6,012 6,094 6,869 13% Securities Issued 4,217 6,869 63% 2,988 2,988 2,964 (1%) Subordinated Loans 1,991 2,964 49% 8,822 7,676 7,937 3% Other Liabilities 8,836 7,937 (10%) 106, , ,398 3% Total Liabilities 93, ,398 19% % Minority Interest % 9,499 9,694 9,863 2% Equity 8,387 9,863 18% Source of data : Publish report Financial Results 1H13 Page 10

11 Performance maintained amidst challenging environment. Impressive growth in deposits Total Assets Customer Deposits May '13 YoY Growth : Industry (Bank)) = 15% BII (Bank Only) = 20% CAGR : BII = 19% Industry = 17% Rp. Billion May '13 YoY Growth : Industry (Bank)) = 15% BII (Bank Only) = 22% CAGR : BII = 19% Industry = 16% Rp. Billion Loan Growth May '13 YoY Growth : Industry (Bank)) = 21% BII (Bank Only) = 11% CAGR : BII = 21% Industry = 20% Rp. Billion Summary Assets market share continued to improve from 2.60% in May 12 to 2.61% in May 13 Deposits market share continued to improve from 2.56% in May 12 to 2.72% in May 13 Strong loan growth accompanied by strong improvement in asset quality. Financial Results 1H13 Page 11

12 Improvement in Key Drivers (YoY) Financial Results 1H13 Page 12

13 Financial Ratios Consolidated Jun-12 Jun-13 Bank Only Jun-12 Jun-13 A B B - A A B B - A Profitability Profitability Return On Assets 1.66% 1.61% -0.05% Return On Assets 1.64% 1.42% -0.22% Return On Equities 15.72% 15.72% 0.00% Return On Equities 15.48% 14.22% -1.26% Net Interest Margin 5.89% 5.34% -0.55% Net Interest Margin 5.35% 4.56% -0.79% Efficiency & Productivity Ratio Efficiency Ratio Cost to Income Ratio 65.70% 71.04% 5.34% Cost to Income Ratio 61.80% 70.29% 8.50% Earning Asset Quality Earning Asset Quality Impaired Loans - Gross 2.25% 1.85% -0.40% Impaired Loans - Gross 2.24% 1.87% -0.38% Impaired Loans - Net 1.05% 1.13% 0.08% Impaired Loans - Net 1.01% 1.16% 0.15% BalanceSheets Structure BalanceSheets Structure LDR 95.39% 91.52% -3.87% LDR 89.40% 84.98% -4.42% Modified LDR *) 82.40% 79.07% -3.33% Modified LDR *) 80.58% 76.87% -3.71% CASA to Total Funding 38.44% 38.83% 0.40% CASA to Total Funding 38.41% 38.93% 0.52% CAR (with credit, operational & market risk) 12.56% 12.96% 0.40% CAR (with credit, operational & market risk) 12.71% 13.05% 0.34% *) Modified LDR is defined as (Loans excl. BPR) / (Third Party Deposits + Borrowing + Securities Issued + Sub Debt) Financial Results 1H13 Page 13

14 Maintain growth momentum with strong Loan growth in Business Banking LDR & Loans Rp. Trillion Loan Growth (YoY) Rp. Trillion Rp Trillion Jun-12 Jun-13 Bank Only Dec-10 Dec-11 Dec-12 Mar-13 Jun-13 LDR 83.2% 88.9% 87.3% 82.6% 85.0% LDR Modified 81.5% 78.9% 77.9% 74.2% 76.9% Global Banking : Business Banking : Retail banking : - Corporate - Commercial (Emerging Business)- Mortgage - Medium - Auto WOM - Small - Credit Card - Micro - WOM Finance - BII Finance Global Banking % Business Banking % Retail Banking % Others % Total % Total Without WOM % Excluding the WOM two-wheel portfolio which was affected by the new LTV rule, retail loans grew by 35%. Financial Results 1H13 Page 14

15 Strong deposits growth amidst the current challenging market Rp. Trillion Deposit Growth (YOY) Actual Actual Growth Rp Trillion Jun-12 Jun-13 Jun-12 vs Jun-13 Global Banking % Business Banking % Retail Banking % Overseas % Total % May 13 YoY Growth : Industry (Bank) = 15% BII (Bank Only) = 22% Deposit Composition by Percentage *) Bank Only Customer Deposit saw strong increase of 19% during the first half 2013 to Rp91.3 trillion from Rp77.0 trillion in the first half last year. Current accounts grew by 12% to Rp15 trillion, Saving accounts grew by 27% to Rp20 trillion, and time deposits increased by 18% to Rp56 trillion. Global Banking : Business Banking : Retail banking : - Corporate - Commercial (Emerging Business)- Mortgage - Medium - Auto WOM - Small - Credit Card - Micro - WOM Finance - BII Finance Our strategy in leveraging our existing client base in Retail, Business and Global Wholesale by optimizing cross sell and encourage referrals has provided support in growing our customer deposits after seeing positive traction in our initiative to enhance the productivity of branches to generate deposits. Financial Results 1H13 Page 15

16 BII : - Branches and touch points expansion on track - Present in all provinces from March 2013 Branches and ATMs We continue to invest in the expansion of network and IT infrastructure. We have 421 branches and 1,426 ATMs + CDM and 7 MKK as at 30 June Mobile banking is firmly in place and the Internet banking platforms for individual, supply chain and corporates are continuously being improved. BII is part of the Maybank IT Transformation Project (ITTP) which will facilitate continuous improvement of the Bank s critical and business applications. 7 MKK operated Mobil Kas Keliling Financial Results 1H13 Page 16

17 Millions Ownership, Share Price Performance & CAR Composition Shareholder s after Right issue No Shareholders No. of Share % 1 Sorak Financial Holdings Pte., Ltd. ( Sorak ) 33,125,023, % 2 Maybank Offshore Corporate Services (Labuan) Sdn., Bhd. ( MOCS ) 20,705,915, % 3 UBS AG, London Branch ( UBS ) 5,487,495, % 4 Public 1,653,722, % TOTAL 60,972,156, % 800 Hi: Rp 770 (3 Jan 11) Share Price Volume CAR proforma after Right Issue of Rp.1.5 Trillion is 14.50% BNII Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Share Price (Rp) PBV (x) PER J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J Financial Results 1H13 Page 17

18 BII Finance significant growth achieved in both sales and profits as BII rebalances its auto portfolio between cars and motorcycles Revenue and PBT (IDR billion) Stand alone 500 Unit Financed Consol 25,000 22,271 23, ,000 16,871 18, Total Revenue 15, Profit Before Tax 10,000 5,000 1, YTD Jun'12 YTD Jun'13 - New Used Total YTD Jun 2012 YTD Jun 2013 Asset Quality Consol Disbursement Amount (IDR billion) Consol 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1, ,018 3,829 2,944 2, New Used Total YTD Jun 2012 YTD Jun 2013 Financial Results 1H13 Page 18

19 WOM Finance motorcycle business impacted by new regulations but overall, profit improved due to continued focus on underwriting and cost efficiencies Revenue and PBT (IDR billion) Stand alone Unit Financed (000 unit) Consol YTD Jun 12 YTD Jun 13 New Used Total Total Revenue Profit Before Tax YTD Jun 12 YTD Jun 13 Asset Quality Consol Disbursement Amount (IDR billion) Consol 2,814 3,249 2,559 2, Jun 12 Sep 12 Dec 12 Mar 13 Jun 13 New Used Total Gross NPL Net NPL YTD Jun 12 YTD Jun 13 Financial Results 1H13 Page 19

20 Summary of 1H13 Performance BII in Brief Financial Highlight Awards Event & Corporate Social Responsibility (CSR) Highlight Financial Results 1H13 Page 20

21 Service Quality Awards Top 1 in Service Quality The Best Bank in Service Quality for 4 (four) consecutive years from Institute of Service Management Studies (ISMS) Trisakti / / / /2013 Others Service Award in 2013 Excellent Service Experience Award (ESEA) from CARRE of Center for Customer Satisfaction and Loyalty (CCSL) and Bisnis Indonesia Contact Center Service Excellence Award 2013 from Marketing magazine and CARRE of Center for Customer Satisfaction and Loyalty (CCSL) Service to Care Award 2013 from Markplus Insight and Marketeers Fourth Grand Champion in The 9th National Customer Service Championship Award 2013 from CARRE Financial Results 1H13 Page 21

22 Other Awards BII Syariah received numerous awards and recognitions such as : 1. Most Profitable Bank for category Unit Usaha Syariah with assets more than Rp500 billion from Karim Business Consulting, February Second best for Service to Care Award from Markplus, March Third Best Overall (Syariah Category) in Banking Service Excellence Award from Infobank dan MRI, June Best Performance Shariah Banking Unit for asset size between Rp1 trillion to Rp5 trillion, from Investor Magazine, July BII Finance Center received 2 awards 1. The Best Multifinance in 2012 with the asset category above IDR 500 billion from APPI (Asosiasi Perusahaan Pembiayaan Indonesia), Jan The Best Merit Corporation, The Best Finance and Value Creation and The Best of Multifinance Indonesia 2013 for Asset IDR 1-2T from Business Review Magazine, May 2013 Financial Results 1H13 Page 22

23 Summary of 1H13 Performance BII in Brief Financial Highlight Awards Event & Corporate Social Responsibility (CSR) Highlight Financial Results 1H13 Page 23

24 Event Highlights 1H 2013 Maybank Corporate Golf Challenge Signed partnership with Air Asia to provide cash management solutions, 16 February 2013 Signed partnership with Koperasi Simpan Pinjam Jasa (Kospin Jasa) to provide online cash management services, 18 March 2013 Grand opening PAC SS3 Pullout Grand Prize BII Woman One Introduced Mobile Banking application at Android, 3 Apr BII Sukma Awards 2013 Launching Mitra Amanah (Minna) Financial Results 1H13 Page 24

25 CSR Highlights 1H 2013 Beasiswa BII BII Maybank Bali Marathon Financial Results 1H13 Page 25

26 Disclaimer Please note that some of the statements in this document may constitute forward-looking statements that do not directly or exclusively relate to historical facts. Some of the statements in this document (including but not limited to the forwardlooking statements) are derived from or are based upon information from public or external sources and/or reflect BII s own internal projections, current intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks and uncertainties that may cause actual events and BII s future results to be materially different than expected or indicated by such statements. To the extent that such statements in this document (including but not limited to the forwardlooking statements) are derived from or are based on public or external sources of information, BII s has not undertaken any independent verification of such information. No assurance can be given that the results anticipated by BII, or indicated by any such statements in this document (including but not limited to the forward-looking statements), will be achieved. You are urged to view the statements contained in this document (including but not limited to the forward-looking statements) with caution. Financial Results 1H13 Page 26

27 End Of Document