PT Bank OCBC NISP Tbk Financial Performance 2 nd Quarter 2009 (Unaudited)

Transcription

1 PT Bank OCBC NISP Tbk Financial Performance 2 nd Quarter 2009 (Unaudited) This report is solely for the use of PT. Bank OCBC NISP Tbk. No part of it may be circulated, quoted, or reproduced for distribution outside the organization without prior written approval from PT. Bank OCBC NISP Tbk. This material was used by PT. Bank OCBC NISP Tbk.during an oral presentation; it is not a complete record of the discussion.

2 Brief Profile Financial Result 2 nd Quarter 2009 Qualitative Review 2

3 VISION MISSION - VALUE Vision To be the Bank of choice with world-class standards, recognized for its caring and trustworthiness. Mission Bank OCBC NISP will conduct its business and will operate as an honorable corporate citizen that grows together with the society in a sustainable manner. Values Solid, Genuine, Supportive, Connected, Forward Looking, Dynamic 3

4 BRIEF BACKGROUND Established in Bandung in 1941: NV. Nederlandsch Indische Spaar En Deposito Bank Fourth oldest bank in Indonesia. Solid track record in surviving crisis including in 1998 Indonesian banking meltdown. Listed on Indonesia Stock Exchange in offices and 539 ATMs in 62 cities across Indonesia (as of 30 June 2009) with more than 22,000 ATMs network (including ATM Bersama, ATM BCA, BankCard Malaysia and OCBC Bank-Singapore). 5,437 dedicated employees (as of 30 June 2009). Change the name to PT Bank OCBC NISP Tbk as of 22 December 2008 Core market: > 70% in consumer & small-medium enterprises (SME). 4

5 STRONGER COMMITMENT The Extraordinary General Meeting of Shareholders which was held on Thursday, 16 October 2008, at Bank NISP Tower, Jakarta, approved the changes in the Articles of Association on Article 1 point 1 on change of the name of the Company from PT Bank NISP Tbk to PT Bank OCBC NISP Tbk Old Logo New Logo Old Name PT. Bank NISP Tbk New Name PT. Bank OCBC NISP Tbk By using OCBC Name, OCBC Bank as the Controlling Shareholder has a much stronger commitment 5

6 BOARD OF COMMISSIONERS Chairman : Pramukti Surjaudaja Deputy Chairman (Independent Commissioner): Peter Eko Sutioso Commissioner : Lelarati Lukman 4. Commissioner (Independent Commissioner) : Roy A. Karaoglan Ph.D. 5. Commissioner : David P. Conner 6. Commissioner (Independent Commissioner) : Jusuf Halim 7. Commissioner (Independent Commissioner) : Goh Kim Bun, Benny 8. Commissioner : Lai Teck Poh (Dua Teck Poh) 6

7 BOARD OF DIRECTORS 1. President Director & CEO : Parwati Surjaudaja 2. Deputy President Director : Na Wu Beng 3. Director : Hardi Juganda 4. Director : Yogadharma Ratnapalasari 5. Director : Rama P. Kusumaputra 6. Director : Louis Sudarmana (Luianto Sudarmana) 7. Director : Rudy N. Hamdani (Rudy Hamdani) 8. Director : Alan Jenviphakul 7

8 Brief Profile Financial Result 2 nd Quarter 2009 Qualitative Review 8

9 THIRD PARTY DEPOSITS GREW BY 28% YoY 23% 34,356 25% 30,533 IDR Billion 27,935 24,511 28% 27,253-6% 21,263 20,205 18,909 Total Assets Total Liabilities Deposits Loans (gross) 30-Jun Jun-09 IDR Billion 30-Jun Mar-09 QoQ 30-Jun-08 YoY Total Assets 34,356 35,508-3% 27,935 23% Total Liabilities 30,533 31,787-4% 24,511 25% Deposits 27,253 27,458-1% 21,263 28% Loans (gross) 18,909 19,507-3% 20,205-6% Shareholders' equity 3,823 3,721 3% 3,424 12% Allowance for possible loan losses % % 9

10 NET INCOME AFTER TAX INCREASED BY 10% YOY 27% 829 IDR Billion % % Net Interest Income Non Interest Income Net Income After Tax YTD Jun 08 YTD Jun 09 IDR Billion 2Q09 1Q09 QoQ YTD Jun 09 YTD Jun 08 YoY Net Interest Income % % Non Interest Income % % Other operating expenses % % Operating profit before provisions % % Provisions expenses % % Net Income Before Tax % % Net Income After Tax % % EPS (Rp) % % Book Value/Share (Rp) % % 10

11 KEY RATIOS RATIOS 30-Jun Jun-08 CAR 19.50% 17.60% LDR 69.35% 95.00% ROA 1.34% 1.50% ROE 8.99% 8.67% NPL (gross) 3.91% 2.27% NPL (net) 1.89% 1.86% NIM 5.22% 5.38% Non Interest Income/Operating Income 25.14% 22.06% Cost to Income 61.62% 70.58% 11

12 EARNING ASSETS COMPOSITION As at 30 June 2009 Loans (60.2%) Marketable Securities (including SBI) (22.9%) Placement with others Banks & BI (7.6%) Government Bonds (7.2%) Acceptance Receivables (1.9%) Investments (0.2%) IDR Billion 30-Jun Jun-08 YoY Loans 18,909 20,205-6% Marketable Securities (including SBI) 7,197 1, % Placement with Other Banks & Bank Indonesia 2,400 1,380 74% Government Bonds 2, % Acceptance Receivables % Investments % TOTAL 31,424 24,694 27% 12

13 LDR DECREASED TO 69.35% AS AT 30 JUNE % 94.87% 76.69% 71.02% 69.35% 27,123 27,458 27,253 20,205 21,263 22,219 21,090 20,810 19,507 18,909 Jun 08 Sep 08 Dec 08 Mar 09 Jun 09 Loan (gross) - Rp.Billion Third Party Deposits - Rp.Billion LDR (%) 13

14 LOAN PORTFOLIO AS AT 30 JUNE 2009 Type of Use Sector Investment 26.26% Other Consumer 11.25% Others 4.96% Manufacturing 24.17% Working Capital 43.10% Consumption 30.64% Mortgage 19.39% Trading 23.36% Services 16.86% Currencies IDR 82.76% Other Currency 17.24% 14

15 NET NPL RATIO DECREASED TO 1.89% 3.56% 3.91% 2.72% 2.27% 2.27% 2.21% 1.86% 1.69% 1.75% 1.89% 20,205 21,090 20,810 19,507 18,909 Jun 08 Sep 08 Dec 08 Mar 09 Jun 09 Loan (IDR Billion) NPL Gross NPL Net 15

16 TIME DEPOSITS UP 30% YoY; LOWER COST FUND UP 27% YoY 49.3% 45.4% 44.4% 43.4% 48.6% IDR Trillion Jun 08 Sep 08 Dec 08 Mar 09 Jun 09 Demand Deposits Savings Time Deposits Low Cost Fund 16

17 Brief Profile Financial Result 2 nd Quarter 2009 Qualitative Review 17

18 Qualitative Review Extensive Network Distribution Branches Distribution 130 in West Java 107 Jakarta 34 East Java 25 Central Java 70 in other cities (Sumatra, Sulawesi, Kalimantan, Bali, etc) 366 offices and 539 ATMs covering 62 cities across Indonesia. ATM More than 22,000 ATMs in Indonesia, Singapore and Malaysia: ATM NISP ATM Bersama ATM BCA BankCard Malaysia OCBC Singapore 18

19 Qualitative Review Strengthening Human Capital Creating an improvement plan of Human Capital Management system by the implementation of Web-based Human Capital Information System (HCIS) infrastructure. Encouraging all employees to have opportunities to fill any vacant position at every layer of the organization through internal assessment process. Sustainable transfer of knowledge from OCBC Bank through various program such as training, Attachment Program, etc. Carried out various training and development programs in OCBC NISP Learning Center for all employees from various cities in Indonesia as well as OCBC Group member. 19

20 Qualitative Review Product and Service Initiatives OCBC NISP Shariah On March 23rd, 2009, The Bank conducted the Annual General Meeting of Shareholders (AGMS) and Extraordinary General Meeting of Shareholders (EGMS) at OCBC NISP Tower, Jakarta, whereas one of the agenda is to give approval of the change of the Bank's Article of Association especially related to the sharia business. OCBC NISP Premier Banking Launching OCBC NISP Premier Banking for our affluent customer segment and rolled out 5 Premier center in Jakarta, Bandung, Surabaya, Palembang and Medan. Sales and Service Culture BEE Customer Engagement Launching a proprietary sales and service training model to deliver assurance of customer care, quality and consistency. Process Reengineering Launching several re-engineering programs such as Bancassurance application, Mortgage application etch which resulted in improved customer satisfaction and cost efficiency. Liquid Platinum Credit Card Launching the Liquid Platinum Credit Card, a unique credit card offering special rewards and privileges to the Bank s loyal customers. 20

21 Qualitative Review Among the highest rated banks FitchRatings - New York - US - Dec 2008 National Long Term to AA+(idn) In the top 3 highest National Long Term rated banks in Indonesia Long-term foreign and local currency BB (idn) Outlook: Stable Support Rating of 3 Pefindo Indonesia (affiliated with Standard&Poor s) Mar 2009 Corporate Rating id AA- Subordinated Bond id A+ 21

22 Qualitative Review Shareholder Structure Qualitative OCBC Review Overseas Shareholders Structure Investments 74.73% International Finance Corporation 7.17% Others 18.10% OCBC Bank is Singapore s longest established bank (est. 1912) and one of Asia s leading financial services groups, with group assets of more than SGD 180 billion as of March 2009 and 470 branches and offices in 15 countries and territories including Singapore, Malaysia, Indonesia, China, Hong Kong SAR, Brunei, Japan, Australia, UK and USA. OCBC Bank are among the Top 50 safest bank worldwide in 2009, according to Global Finance Magazine. IFC (International Finance Corporation), established in 1956, is a member of the World Bank Group. Bank NISP is the first bank in Indonesia to receive IFC investment in terms of Senior Loan, Equity and Technical Assistance programs. 22

23 Qualitative Review OCBC Bank Singapore Controlling Shareholder Support from OCBC Bank Singapore: Partner since 1997 Committed Shareholder from 22.5% ownership in 2004 increased to 74.73% in Capital support ATM network link-up Senior Executive placement on Board of Commissioners Senior Executive placement on Board of Directors Intensive knowledge, capability transfer and trainings Support to broaden product suites and to share experience in various area including product management, marketing, branding, channel delivery and risk management, audit, information technology and operational platform and processes. 23

24 Qualitative Review OCBC Bank Singapore Controlling Shareholder Product development support, such as Consumer Banking, Cash Management, Premier Banking, Structured product set up, Rocket/Wealthmap (financial planning concept and tools), Wealth Management, Bancassurance, Credit Card. Process improvement, includes Cross functional projects (Sunrise, Quantum Leap, Pegasus), Silverlake Core Banking System, Transaction Banking Blue print, conceptualization and implementation of Quality program. Others, such as attachment program to OCBC, setting up Corporate Secretary function, setting up Risk Management and Risk Based Audit, Fund Transfer Pricing Set Up. 24

25 Qualitative Review International Finance Corporation (IFC) World Bank Group Support from IFC: Senior Executive placement on Board of Commissioners Capital support Senior loans Partial Guarantee Program Technical Assistance: Good Corporate Governance Asset Liability Management Strategic Planning Credit Risk Management 25

26 Corporate Social Responsibilities Education Arranging Workshop for students in Banking Actively support many educational programs held on national as well as international scale designed to improve the educational welfare of Indonesian children, such as supporting 1,000 students in Kuark Science Olympics (OSK), National Science Olympics (OSN), Asean Science Camp (ASC). Partnering with Karya Salemba 4 (KS4), scholarships for a large number of students of universities in Indonesia. Scholarship program for employees. Community Programs Actively participated in Banking Education for community as part Bank Indonesia Ayo Ke Bank Campaign. Regular blood donation programs in several branches of Bank OCBC NISP 26

27 Corporate Social Responsibilities The Bank showed its care through TANDA KASIH activities to Situ Gintung disaster victims. Giving donation to orphanages in the form of fund and home appliances. Social activities with immediate communities includes commemoration of religious and national holidays as well as to provide assistance for religious facilities and public facilities and infrastructure. In sport activities, Bank OCBC NISP supported Softball and Baseball Association to participate in various national and international competitions. 27

28 International Accolades FinanceAsia Magazine, Hong Kong - Asia s Best Companies 2009 for category Best Mid Cap - Asia s Best Companies 2005 for category Best Small Cap Asian Banking & Finance Magazine Singapore - Retail Bank of the Year Asian Banking & Finance Retail Banking Awards. - Retail Bank of the Year Asian Banking & Finance Retail Banking Awards Bank of New York, USA Straight through Processing (STP) Award 2006 for Very Accurate Foreign exchange (USD) Transfer Processing. Enterprise Asia - Malaysia Pramukti Surjaudaja, (Chairman of Bank OCBC NISP) was elected as Outstanding Entrepreneur in Asia Pacific Entrepreneurship Awards

29 International Accolades Asiamoney Magazine - Hongkong 2008 : - Best FX Prime Booking Services. - Best Single-Bank Electronic Trading Platform : - Best Managed Companies 2006 for company with max US$ 500 million market cap category. - Foreign Exchange Poll 2006 : Best for Competitive and Prompt Spot Pricing. Best for Competitive and Prompt Forward Pricing : - Trade Finance Poll : Best Services for All Trade Needs. Best Customer Support. Best Overall/ Local Services. Most Competitive Pricing. Best Product Range Best Managed Companies 2003 for public company with max US$ 500 million market cap category. - Best Commercial Bank in Indonesia year 2003 and

30 Domestic Accolades Swa Magazine 2008 Corporate Governance Perception Index (CGPI) 2007 Award For category Trusted Award InfoBank Magazine - Banking Service Excellence Award Golden Trophy for Excellent Financial Performance for 5 consecutive years , and Banking Service Excellence Awards 2005 for Best Overall Performance (3rd place) in the Banks with Assets below Rp. 50 trillion - Best Public Bank

31 Domestic Accolades Annual Report Award - Annual Report Award 2007 Rank 2 for Private Listed of Financial Sector - Annual Report Award 2006 Rank 2 for Private Listed of Financial Sector SWA Magazine Best Performance Management (Top 2) in the HR Excellence Awards Investor Magazine 2006 : - Mr. Pramukti Surjaudaja was elected as Financial Figure for Banking Industry Sector : - Best Public Listed Company in Banking Sector

32 Thank You PT. Bank OCBC NISP Tbk Corporate Communication Division Investor Relation Bank OCBC NISP Tower Jl. Prof. Dr. Satrio Kav. 25, Jakarta Indonesia T : , F : E : ir@ocbcnisp.com 32