Delivering Growth and Excellence
|
|
- Matthew Strickland
- 5 years ago
- Views:
Transcription
1 Delivering Growth and Excellence Bank of China Limited 2008 Annual Results Mar 24, 2009
2 Forward-looking Statement Disclaimer This presentation and subsequent discussions may contain forward-looking statements that involve risks and uncertainties. These statements are generally indicated by the use of forward-looking terminology such as believe, expect, anticipate, estimate, plan, project, target, may, will or may be expressed to be results of actions that may or are expected to occur in the future. You should not place undue reliance on these forward-looking statements, which reflect our belief only as of the date of this presentation. These forward-looking statements are based on our own information and on information from other sources we believe to be reliable. They relate to future events or our future financial, business or other performance and are subject to a number of uncertainties that may cause our actual results to differ materially. 1
3 Presentation Team Mr. Li Lihui, Vice Chairman & President Mr. Zhu Min, Executive Vice President Mr. Chen Siqing, Executive Vice President 2
4 Agenda Agenda Speaker 1 Key performance highlights and strategy Mr. Li Lihui, President Annual Results and 2009 Outlook Mr. Zhu Min, Executive Vice President 3
5 Agenda Agenda Speaker 1 Key performance highlights and strategy Mr. Li Lihui, President Annual Results and 2009 Outlook Mr. Zhu Min, Executive Vice President 4
6 2008 Performance Highlights Total Assets Total Liabilities Capital and reserves attributable to equity holders of the Bank Growth rate =10.4% RMB billion Growth rate =12.5% 5,991 5,328 Growth rate =16.0% 6,952 RMB billion Growth rate =16.6% Growth rate =12.7% 6,462 5,541 4,915 RMB billion Growth rate =9.8% Profit before provision Profit attributable to equity holders of the Bank Return on average equity RMB billion Growth rate =38.4% 80.2 Growth rate =19.2% Growth rate =14.4% 14.55% Growth rate =31.3% % 14.00% RMB billion 5
7 Enhanced Competitiveness Increased market share in RMB deposit and loan business Market share of RMB corporate loans 6.25% 6.54% Market share of RMB corporate deposits 8.13% 8.40% Leading position in various business lines Corporate Banking Business Leading position in foreign currencydenominated corporate deposits & loans International settlement transaction vol. reached US$1.7 trillion, topped the global banking sector BOC Aviation reinforced its leading position in Asia Market share of RMB personal loans 16.05% 16.06% Market share of issued credit card volume 7.02% 8.06% Personal Banking Business Largest market share in personal foreign currency denominated deposits & loans No.1 in FX card merchant acquiring business Financial Markets Business Leading position in foreign-currency WM business, FX sale & settlement, RMB bond repurchase, forward bond transaction and gold trading in domestic market
8 Risk Management in Financial Crisis Manage investment securities portfolio Reduced exposure in foreign currency investment Total amount and currency structure of investment securities Charge impairment provision on investment securities in a prudent manner Impairment losses for investment securities ,713 1,646 RMB billion 43.5% 56.5% 37.4% 62.6% RMB billion Effective risk management through timely adjustment of industry credit policies 91.34% RMB FX % % Effectively strengthened internal control % 3.17% 2.76% Impaired loan ratio Coverage ratio Value involved in the cases (RMB mn) Number of cases 7
9 Earthquake Relief Fulfilling Corporate Social Responsibilities Effective earthquake relief Resume operation Resume operation in the shortest time Sichuan Branch is the only financial institution to receive the honor of National Quake-relief Hero Group. Donations Domestic and overseas institutions and employees made over RMB150 million donations A Green Channel for Global Donations was opened in all domestic & overseas outlets Support after-quake reconstruction Signed a RMB300 billion Full Strategic Co-operation Agreement with Sichuan Province Government Extended credit to Dongfang Electric, Panzhihua Iron & Steel, Sichuan Highway, and Conch Cement to support after-quake reconstruction Provided priority handling of personal loan application for quake-hit region local resident at prime rate. Extended RMB18 billion credit lines to over 20 real estate development companies and car agencies. 8
10 Enhanced Brand Value through Olympic Services Provided full range of quality financial services, reflecting comprehensive competitiveness 40 outlets in 7 Olympic hosting cities provided one-to-one services to Game Center, Olympic Village & International Broadcasting Center Zero customer complaints, zero machinery defaults, zero network breakdown, zero negative news report, zero security defaults and zero errors Fulfilled the ticket consignment plan & the issuance and sales of Olympic commemorative banknotes denominated in HK Dollar and MOP Dollar Hot sales of Olympic franchised products and precious metal products Successfully launched the Great Wall Payment Card and Great Wall Pre-paid card 80% of the Olympic Gold-Medallists became BOC Private Banking VIP customers 9
11 Achievement in Infrastructure 3 Global Business Units Integrating Business Structure Corporate Banking Corporate Banking Financial Institutions International Settlement Domestic Settlement SME Personal Banking Individual Services Wealth Management Private Banking Bank Cards Financial Markets Security Investment Trading Agency Business Custodian Investment Corporate Annuity Operation Service Unit Transforming Retail Outlets Transformed 6,761 outlets, 68% of the total domestic 9,980 outlets Over 6,220 ATM terminals were put into service Improving Risk Management Further enhanced global risk management system Accelerated implementation of Basel II Implementation of IT Blueprint Beijing and Shanghai Information Centers are ready for operation The second stage of System Integration Test commenced and the first regression test completed Smooth progress in data clearance. Successful implementation of some key projects. Improved Online Banking System 10
12 Strategy In New Age Strategic Goal Delivering Growth & Excellence Become a leading global bank Strategic Positioning Commercial Banking as core business Develop diversified service capabilities Focusing on domestic market with multinational operation Integrated development of domestic & overseas operations 11
13 Commercial Banking as Core Business with Diversified Services Diversified servicing platform is an important component and competitiveness of Commercial Banking Investment Banking Commercial Banking Fund Management Insurance Direct Investment Aircraft Leasing Trade Finance International Settlement Global Credit Cash Management Financial Advisory Insurance Asset Management Agency Business Legal Consultation Tax Consultation Wealth Management Overseas Education Financial Services 12
14 Integrated Development of Domestic and Overseas Businesses To become an international first-class bank supported by strong domestic business RMB billion Total assets by region Domestic assets CAGR = 14.9% 6, , , % 22.6% 23.5% 75.2% 76.5% 77.4% RMB billion Operating profit by region Domestic operating profit CAGR= 37.3% % 7.2% 37.1% 92.8% 62.9% 67.5% Domestic assets Overseas assets Domestic operating profit Overseas operating profit Expand service lines and provide integrated global financial services to customers Integrated customer service Unified capital management Vertical business management 13
15 Expanding Business Base & Optimizing Business Structure Expanding Business Base Optimizing Business Structure Deposit & Loan Expand deposit base. Attract low-cost funding Expand market share of RMB deposits & loans as major performance indicator Customer Mix Increased % of key customers i.e. midto-high end corporate & personal customers. Expand high quality SME customers Customer Base Expand customer base that matches China s industries adjusting directions & customers with the needs of overseas services Explore good quality large corporate customers Regional Structure 3 major economic regions, 10 key areas & 40 key cities as major markets. Actively adjust resources allocation & market focused in line with country policies, and increase its profit contribution Increase penetration rate in key regions & key industries Asia as the key overseas market Institutional Network Expand domestic network in key provinces Enhance domestic & overseas electronic service channels Assets & Liabilities Increase % of loans in key industries & mid-to-long term loans. Actively attract low cost demand deposit Maintain leading position in non-interest income ratio among peers Overseas Network Expand overseas network through selfconstructing, M&A etc. Fully utilize our international & diversified business advantages, provide quality services to high-end and going-aboard customers. RMB & FX Reduce low yield foreign currency assets, including investment securities Increase % of RMB assets 14
16 Agenda Agenda Speaker 1 Key performance highlights and strategy Mr. Li Lihui, President Annual Results and 2009 Outlook Mr. Zhu Min, Executive Vice President 15
17 Profit & Loss Summary Net profit up by 14.4% to RMB64.4 billion (RMB million) % growth Net interest income 162, , % Non-interest income 65,960 42, % - Net fee and commission income 39,947 35, % Operating income 228, , % Operating expenses (97,412) (85,278) 14.2% Impairment losses on assets (45,031) (20,263) 122.2% Operating profit 86,453 89, % Profit before income tax 87,179 90, % Income tax (21,285) (28,661) -25.7% Profit for the year 65,894 62, % Profit attributable to equity holders of the Bank 64,360 56, % EPS (RMB) % Key Ratios (%) Change (PPT) Non-interest income to operating income Fee and commission income to operating income Cost to income ratio (excluding business & other taxes) Net interest margin Credit cost Effective tax rate
18 Balance Sheet Summary Steady balance sheet growth and capital base remain sound (RMB million) % growth Assets Loans, net 3,189,652 2,754, % Investment securities 1,646,208 1,712, % Balances with central banks 1,207, , % Due from banks & other financial institutions 525, , % Total assets 6,951,680 5,991, % Liabilities Due to customers 5,102,111 4,400, % Due to banks & other financial institutions 859, , % Total liabilities 6,461,793 5,540, % Key financial ratios (%) Change (PPT) Core capital adequacy ratio Capital adequacy ratio Impaired loan ratio Impairment coverage ratio Notes: 1 Investment securities include securities available for sale, securities held to maturity, securities classified as loans and receivables and financial assets at fair value through profit or loss. 17
19 Robust Growth in Domestic Business Major domestic indicators (RMB million) Growth Net interest income 139, , % Non-interest income 46,909 10, % - Net fee & commission income 32,791 25, % RMB Billion Domestic loans Growth rate=16.46% 1, % 84.9% Growth rate=14.99% 2, , % 15.5% 87.8% 84.5% Profit before impairment losses 110,638 79, % Operating profit 80,281 60, % Profit after tax 60,779 35, % Domestic RMB loans 2,338,684 1,955, % Domestic RMB deposits 3,931,645 3,221, % Domestic non-performing loan ratio Domestic non-performing loan coverage ratio 3.13% 3.76% ppt % % ppt RMB billion RMB loans Domestic deposits FX loans Growth rate =20.55% 4,254.3 Growth rate = 7.93% 3, , % 11.6% 8.7% 91.3% 92.4% 88.4% RMB deposits FX deposits 18
20 RMB Billion Corporate Banking Optimized customer & industry structure, promoted new SME model Corporate loan growth (Group) Optimized domestic corporate client structure Growth rate =17.69% 2,492.7 Growth rate =14.53% 1, , % 18.3% 13.0% 16.4% 17.0% 16.3% 64.7% 67.6% 67.3% The balance of loans to corporate clients with BB above rating accounts for 91.37% of total loans, up by 3.74 ppts 1, ,357.4 RMB billion RMB Billion Domestic RMB Loan Domestic FX Loan Overseas FX Loan Corporate deposit growth (Group) Growth rate =15.64% Growth rate =22.30% 2, , , % 16.0% 15.5% % 84.5% 84.0% 85.6% Domestic Overseas RMB billion Improved corporate loan industry structure Manufacturing Commerce & services Transportaton & Logistics Power, Gas & Water Real Estate Mining Financial Services Public Utilities Water, Environment etc Construction others 2008 balance 2007 balance Change in proportion to total corporate loan 19
21 Personal Banking Enhanced 3-tier wealth management service framework, expanded customer base Retail Deposit (Group) Growth rate =15.61% Growth rate = -2.52% 2, , % 34.4% 2, % 12 Private Banks RMB Billion 68.1% 65.6% 66.9% 50 Fortune Mgmt Centers Time Demand Retail loans (Group) 36.46% 525 Wealth Mgmt Centers Growth rate =9.67% Growth rate = 25.71% % % RMB Billion 21.6% 79.0% 78.9% 78.4% Mortgage Others Issued million debit cards in domestic market Issued million credit cards in domestic market, of which 9.72 million non quasi-credit cards Launched a series of commercial cards Launched co-branded cards, such as Nanhang Mingzhu BOC Credit cards & BOC Gotone Credit card 20
22 Managing Investment Securities Proactively adjusted investment portfolio in response to the market changes. Increased investment yields. Further reduced exposure in US mortgage related bond investment (USD million) US Subprime mortgage related debt securities 2,590 4,990 - of which is AAA-rated 38.83% 71.23% - Impairment charges 2,245 1,295 - Reserve for fair value changes Foreign Currencydenominated investment securities dropped by 17% Proportion of US mortgage related bond to total foreign currencydenominated investment securities reduced by 17 ppt US Alt-A mortgage-backed securities 1,148 2,470 - of which is AAA-rated 47.34% 98.21% - Impairment charges 709 n.a. Non-Agency US mortgage-backed securities 3,512 6,177 - of which is AAA-rated 60.65% 99.95% - Impairment charges 1,506 n.a. Fannie Mae & Freddie Mac related bonds 8,756 21,829 Total Carrying Value 16,006 35,466 Investment securities by issuer type (RMB Billion) 2008 % Government & government guaranteed % Financial Institution % Public sector & quasigovernment % Corporate % Equity securities & Other % Total 1, % 21
23 Further Improvement in Asset Quality Impaired loan and coverage ratio NPL and special-mention loan ratio % % 91.34% 8.15% 4.24% 3.17% 2.76% 4.04% 5.08% 3.12% 4.85% 2.65% RMB billion Impaired loan ratio Coverage ratio Impaired loan balance and credit cost 0.53% 0.55% 0.31% RMB billion Special-mention Loan ratio NPL ratio Impaired loan ratio of manufacturing, realestates & construction industries 8.79% 6.14% 5.22% 4.76% % 3.51% Impaired loan balance Credit Cost Impaired loan balance of Manufacture Impaired loan balance of Property and Construction Impaired loan ratio of Impaired loan ratio of Property and Manufacture Construction 22
24 Continuous Growth in Net Interest Income NIM Average yield 2.76% 2.45% 2.70% 2.24% 3.21% 3.44% 2.89% 2.70% 2.63% 5.48% 4.34% 3.54% 2.70% 5.94% 6.12% 4.74% 4.63% 3.87% 3.63% 3.11% 2.37% Group Domestic (Rmb) Domestic (FX) Structure of interest-earning assets & interestbearing liabilities Interbank loans Securities Investment RMB6,191bn RMB5,687bn 2.1% 22.0% 13.0% 26.6% Other borrowings Interbank placement Loans Investment securities Placement with central banks and other banks Average interest-earning assets Funding cost 4.21% 4.35% 4.24% Loans and advances 51.4% 84.9% Due to customers 2.51% 2.53% 2.15% 2.06% 1.96% 2.04% 2.18% 2.16% 1.97% Average interest-earning assets Average interest-bearing liabilities Due to customers Other borrowings Interbank placement Average interest-bearing liabilities 23
25 Further Growth in Non-Interest Income Non-interest income Net fee and commission income breakdown 21.7% % of operating income 28.8% 65,960 Growth rate = 10.38% 43,712 RMB million Growth rate = 56.19% 42, % 15.9% 60.6% 39.4% RMB million 39, % 9.4% 9.1% 12.2% 20.3% 36.3% 4, % 11.0% 14.7% 18.1% 21.4% 19.3% 3, Net fee and commission income Net trading income and others1 Note: 1 Others include net gains or losses on investment securities and other non-interest income Other fees Bank card fees Credit commitment fees Settlement and clearing fees Spread income from foreign exchange business Agency commissions Fee and commission expense 24
26 Stringent Cost Control Operating expenses breakdown Enhancing efficiency Growth rate = 14.23% 85,278 97, Change Staff costs/ operating expenses 40.41% 42.52% Cost to income ratio (exclude business & other taxes) 37.59% 39.26% ,365 Cost to income ratio (Under CAS) 33.55% 35.59% RMB million 36,261 21,736 23,932 Operating income per capita (RMB) 918, , % Operating expenses per capita (RMB) 390, , % Effective tax rate 7,094 8,726 9,837 1,624 7,816 11,367 8,243 6, % 31.6% 24.4% Staff costs General operating and administrative expenses Depreciation and amortization Business and other taxes Insurance benefits and claims Others 25
27 2009 Outlook Achieve solid performance in 2009 Expand Size Internal Control Branding Delivering Growth & Excellence Adjust Structure Control Cost Firmly execute the strategy of Commercial Banking as core business and provide diversified services; multinational operation and integrate the development of domestic and overseas businesses. Expand asset size, optimize credit structure. Increase share of medium-to-long term loans. Fully utilize the comparable competitive advantages, provide full-range & global financial services to corporate & personal customers. Expand deposit size and customer base. Increase share of demand deposit. Quality Closely monitor asset quality and increase the efforts in non-performing assets disposals. Achieve further decrease of NPL ratio. Tight budget control to improve cost efficiency. Allocate more budget resources to key areas and key business. 26
28 Q&A 27
A Century of History A Global Service
A Century of History A Global Service Bank of China Limited 2012 Interim Results August 24, 2012 Forward-looking Statement Disclaimer This presentation and subsequent discussions may contain forward-looking
More informationDelivering Growth and Excellence
Delivering Growth and Excellence Bank of China Limited 2011 Interim Results Aug 24, 2011 Forward-looking Statement Disclaimer This presentation and subsequent discussions may contain forward-looking statements
More informationCentennial Bank Global Service
Centennial Bank Global Service Bank of China Limited 2011 Annual Results March 30, 2012 Forward-looking Statement Disclaimer This presentation and subsequent discussions may contain forward-looking statements
More informationServing Society, Delivering Excellence Annual Results March 25, 2015
Serving Society, Delivering Excellence 2014 Annual Results March 25, 2015 Forward-looking Statement Disclaimer This presentation and subsequent discussions may contain forward-looking statements that involve
More informationChina Merchants Bank Co., Ltd. 1H11 Results Announcement
China Merchants Bank Co., Ltd. 1H11 Results Announcement August 31, 2011 0 Forward-Looking Statement Disclaimer This presentation and subsequent discussions may contain forward-looking statements that
More informationMessage from the President
In 2013, the Bank upheld its strategic goal of Serving Society, Delivering Excellence. It continued to focus on operational efficiency, strived to increase market share, accelerated structural streamlining
More informationA New Chapter Our Shared Future 2015 Annual Results
A New Chapter Our Shared Future 2015 Annual Results 2016.03.30 Forward-Looking Statement Disclaimer This presentation and subsequent discussions may contain forward-looking statements that involve risks
More informationChina Minsheng Banking Corp., Ltd Annual Results Announcement
China Minsheng Banking Corp., Ltd. 213 Annual Results Announcement March 214 Disclaimer This presentation contains forward-looking statements that involve risks and uncertainties. These statements are
More informationBUILD A WORLD-CLASS BANK IN THE NEW ERA Interim Results August 29, 2018
BUILD A WORLD-CLASS BANK IN THE NEW ERA 2018 Interim Results August 29, 2018 Forward-looking Statement Disclaimer This presentation and subsequent discussions may contain forward-looking statements that
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 informationFINANCIAL AND BUSINESS REVIEW FOR THE THIRD QUARTER OF 2017
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationManagement Discussion and Analysis
Financial Review Economic and Financial Environment In the first half of 2012, the global economic recovery slowed and uncertainty increased. The European sovereign debt crisis remained unresolved and
More information2009 Interim Results
2009 Interim Results 27.08.2009 Forward-Looking Statement Disclaimer This presentation and subsequent discussions may contain forward-looking statements that involve risks and uncertainties. These statements
More informationServing Society, Delivering Excellence Interim Results August 30, 2017
Serving Society, Delivering Excellence 2017 Interim Results August 30, 2017 Forward-looking Statement Disclaimer This presentation and subsequent discussions may contain forward-looking statements that
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 informationA New Chapter, Our Shared Future
Mobile access QR code for 2016 Interim Results Announcement A New Chapter, Our Shared Future 2016 Interim Results August 30, 2016 Forward-Looking Statement Disclaimer This presentation and subsequent discussions
More informationI. Financial Highlights. II. Business Operations
Contents I. Financial Highlights II. Business Operations III. Looking Ahead 1 I. Financial Highlights 1. Profit and Scale 2. Asset Quality and Efficiency 3. Income Statement 4. Regulatory Indicators 1.
More informationManagement s Discussion & Analysis
Management s Discussion & Analysis 10 Core Business 11 IT Projects 23 Awards Achieved in 2004 24 Financial Review 25 Risk Management 31 Corporate Governance 45 CORE BUSINESS Core Business In 2004, the
More informationIndustrial and Commercial Bank of China Ltd.
Industrial and Commercial Bank of China Ltd. 2006 Results Announcement (International Accounting Standards) April 2007 1 Disclaimer The material in this presentation is not to be construed as an offer
More informationBOC Hong Kong (Holdings) Announces Certain Unaudited Financial Data for the Third Quarter of 2008
29 Oct 2008 BOC Hong Kong (Holdings) Announces Certain Unaudited Financial Data for the Third Quarter of 2008 BOC Hong Kong (Holdings) Limited ( The Company, stock code 2388, ADR OTC Symbol: BHKLY ) today
More informationBOC Hong Kong (Holdings) Limited 2012 Interim Results Financial Highlights
23 Aug 2012 BOC Hong Kong (Holdings) s profit attributable to the equity holders reached HK$11.2 billion New interim highs for income and core profit on strong financial positions BOC Hong Kong (Holdings)
More information2017 Interim Results. August 2017
2017 Interim Results August 2017 Disclaimer The materials used in this press conference are being furnished to you for your information only. No representation or warranty, express or implied, is made
More information% ********** & NPL
Minsheng Bank Announces 2010 Annual Results Net Profit Up 45.25% to RMB17,581 million ********** Significant Growth in Business Performance Backed by Continued Income Structure Optimization and Improvements
More informationChina Zheshang Bank Co., Ltd. (2016.HK) 2016 Annual Results Announcement
China Zheshang Bank Co., Ltd. (2016.HK) 2016 Annual Results Announcement March 13, 2017 Disclaimer This document is prepared by China Zheshang Bank Co., Ltd. (the Bank ) without independent verification.
More informationChina Reinsurance (Group) Corporation (1508.HK) 2016 Interim Results Announcement. August 2016
China Reinsurance (Group) Corporation (1508.HK) 2016 Interim Results Announcement August 2016 0 Disclaimer By attending the meeting including this presentation or reading materials related to this presentation,
More informationBank of Communications Co., Ltd Annual Results
Bank of Communications Co., Ltd. 2014 Annual Results March 2015 Agenda I Financial Highlights II Business Operations III Risk Management IV Next Step 2 Agenda I Financial Highlights 3 Performance Highlights
More information2017 Interim Results. 25 August 2017 Hong Kong Beijing
2017 Interim Results 25 August 2017 Hong Kong Beijing Forward-looking Statement Certain statements contained in this presentation may be viewed as forward-looking statements as defined by Section 27A of
More information2003 Audited Interim Results Presentation
Solid Operating Performance in a Challenging Environment 2003 Audited Interim Results Presentation 5 September 2003 Forward-Looking Statement Disclaimer This presentation and subsequent discussions may
More informationEAST ASIA SECURITIES COMPANY LIMITED 9/F, 10 Des Voeux Road Central, Hong Kong. Dealing: Research: Facsimile:
9/F, 10 Des Voeux Road Central, Hong Kong. Dealing: 3608 8000 Research: 3608 8097 Facsimile: 3608 6113 HONG KONG RESEARCH Analyst: Paul Sham 6 th April 2011. CHINA CITIC BANK CORPORATION LIMITED ( 中信銀行
More informationAugust Bank of Communications Co., Ltd Interim Results
August 2017 Bank of Communications Co., Ltd. 2017 Interim Results Agenda I Financial Highlights II Business Review III Risk Management IV Next Steps 2 Agenda I Financial Highlights 3 Further improved asset
More information2018 Interim Results Mobile access QR code for 2018 Interim Results Announcement
2018 Interim Results 2018.08.29 Mobile access QR code for 2018 Interim Results Announcement 1 Forward-looking Statement Disclaimer and New Reporting Basis in this Presentation Forward-looking Statement
More informationA CENTURY OF SERVICES ALWAYS WITH YOU Interim Results Mobile access QR code for 2017 Interim Results Announcement
A CENTURY OF SERVICES ALWAYS WITH YOU 2017 Interim Results 2017.08.30 Mobile access QR code for 2017 Interim Results Announcement Forward-Looking Statement Disclaimer This presentation and subsequent discussions
More informationQ2-2019: Performance review. October 26, 2018
Q2-2019: Performance review October 26, 2018 Except for the historical information contained herein, statements in this release which contain words or phrases such as 'will', expected to, etc., and similar
More informationI. Financial Highlights. II. Business Operations. III. Looking Ahead
Contents I. Financial Highlights II. Business Operations III. Looking Ahead 1 I. Financial Highlights 1. Profit and Scale 2. Asset Quality and Efficiency 3. Income Statement 4. Regulatory Indicators 1.
More informationA Century of History A Global Service
A Century of History A Global Service INTERIM REPORT Bank of China Limited (a joint stock company incorporated in the People s Republic of China with limited liability) Stock Code: 3988 Contents Financial
More informationBUILD A WORLD-CLASS BANK IN THE NEW ERA Annual Results March 29, 2018
BUILD A WORLD-CLASS BANK IN THE NEW ERA 2017 Annual Results March 29, 2018 Forward-looking Statement Disclaimer This presentation and subsequent discussions may contain forward-looking statements that
More information2017 Results Announcement
2017 Results Announcement Beijing/Hong Kong March 28, 2018 Disclaimer This information was prepared by the China Construction Bank Corporation ( CCB or the Bank ), without being independently verified.
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 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 information3Q 2010 Financial Performance Review
3Q 2010 Financial Performance Review IFRS October 2010 0 Disclaimer This information contained in this material does not constitute an offer of, or an invitation to purchase or subscribe for, the securities
More information2015 Annual Results. March, 2016
2015 Annual Results March, 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 informationICICI Group: Strategy & Performance. November 2009
ICICI Group: Strategy & Performance November 2009 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty
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 informationICICI Group: Strategy & Performance
ICICI Group: Strategy & Performance Agenda India: macroeconomic scenario Indian banking sector ICICI Group 2 Growth indicators Strong long term growth fundamentals Key drivers of growth Favourable demographics
More informationBank of China (Hong Kong) 15 March 2005
Bank of China (Hong Kong) 15 March 2005 Forward-Looking Statement Disclaimer This presentation and subsequent discussions may contain forward- looking statements that involve risks and uncertainties. These
More informationFubon Financial Holdings Year 2017 Overview
Fubon Financial Holdings Year 2017 Overview 2018.03.23 Disclaimer This meeting may contain forward-looking statements with respect to the financial condition, results of operations and business of the
More information2018 1H Interim Results Fubon Financial Holdings
2018 1H Interim Results Fubon Financial Holdings 2018.08.29 Disclaimer This meeting may contain forward-looking statements with respect to the financial condition, results of operations and business of
More informationPing An Bank Co., Ltd Half-Year Report Summary
Stock Code: 000001 Stock Short Name: Ping An Bank Serial No.: 2014-036 Ping An Bank Co., Ltd. 2014 Half-Year Report Summary 1 Important es 1. The half-year report summary is derived from the full text
More informationkept a stable development trend. Both its scale and profits maintained sound and steady growth. Rapid development of
Overview In 3Q2016, against the backdrop of the complicated and changeable operating environment,ping An Bank(PAB) kept a stable development trend. Both its scale and profits maintained sound and steady
More information2018/1Q Analyst Meeting. May 29 th, 2018
2018/1Q Analyst Meeting May 29 th, 2018 Disclaimer This presentation and the presentation materials distributed herewith may include forward-looking statements. 2018/1Q financial data are preliminary.
More informationChina Reinsurance (Group) Corporation (1508.HK) 2017 Interim Results Announcement. August 2017
China Reinsurance (Group) Corporation (1508.HK) 2017 Interim Results Announcement August 2017 0 Disclaimer By attending the meeting including this presentation or reading materials related to this presentation,
More informationCHINA LIFE INSURANCE COMPANY LIMITED ANNOUNCES 2011 ANNUAL RESULTS (H SHARE)
Press Release For Immediate Release CHINA LIFE INSURANCE COMPANY LIMITED ANNOUNCES 2011 ANNUAL RESULTS (H SHARE) HONG KONG, 26 March 2012 China Life Insurance Company Limited (SSE: 601628, HKSE: 2628,
More informationChina Construction Bank Corporation (A joint stock limited company incorporated in the People s Republic of China with limited liability)
China Construction Bank Corporation (A joint stock limited company incorporated in the People s Republic of China with limited liability) Interim Report Stock Code: 939 Provide better services to our customers,
More informationQ Results Presentation. 18 April 2018
Q1 218 Results Presentation 18 April 218 2 Important Information Disclaimer The material in this presentation is general background information about the activities of Emirates NBD Bank PJSC (Emirates
More information2017 Annual Results. March 2018
2017 Annual Results March 2018 Disclaimer The materials used in this business results presentation are only for your reference No representation or warranty, express or implied, is made by the Company
More information2010 Annual Results. March 23, 2011
2010 Annual Results March 23, 2011 Forward-looking Statements Certain statements contained in this presentation may be viewed as forward-looking statements within the meaning of Section 21E of U.S. Securities
More informationIntroduction to 2017 Annual Results. March 29 th, 2018
Introduction to Annual Results March 29 th, 2018 Disclaimer This information was prepared by the China Everbright Bank ("CEB" or the Bank"), without being independently verified. This document has not
More informationA Century of Heritage A New Era of Excellence Annual Results Mobile access QR code for 2017 Annual Results Announcement
A Century of Heritage A New Era of Excellence 2017 Annual Results 2018.03.29 Mobile access QR code for 2017 Annual Results Announcement 1 Forward-looking Statement Disclaimer This presentation and subsequent
More informationInvestors Report. First Quarter 2016
Investors Report First Quarter 2016 Disclaimer This document has been elaborated as a part of the information policies and transparency of BBVA Continental and contains public information, own source and
More informationBANK OF CHINA LIMITED
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness
More information2007 witnessed the 90th year of our operation
2007 witnessed the 90th year of our operation and the fifth anniversary of the Group s public listing in Hong Kong. In the year under review, we once again achieved encouraging business growth as we pushed
More informationFourth Quarter & Full Year 2017 Results Presentation. February 8, 2018
Fourth Quarter & Full Year 2017 Results Presentation February 8, 2018 1 Cautionary Statement on Forward-Looking Statements & Non-GAAP Measures This presentation contains forward-looking statements within
More informationQ1-2019: Performance review. July 27, 2018
Q1-2019: Performance review July 27, Except for the historical information contained herein, statements in this release which contain words or phrases such as 'will', expected to, etc., and similar expressions
More informationICBC 2012 年度业绩发布. Annual Results Announcement - IFRS
ICBC 2012 年度业绩发布 Annual Results Announcement - IFRS Disclaimer This material is prepared by Industrial and Commercial Bank of China Limited (the "Bank") without independent verification. It does not express
More informationChina CITIC Bank 2009 Interim Results Presentation
China CITIC Bank 2009 Interim Results Presentation Table of Contents 1 First Half 2009 Highlights 2 Outlook on Second Half 2009 2 Overview on Major Indicators Scale Indicators Total Increment Growth rate
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 informationFINANCIAL AND BUSINESS REVIEW FOR THE FIRST QUARTER OF 2018
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationPing An Bank Q Report Release. Oct 2013
Ping An Bank 2013 3Q Report Release Oct 2013 Content I. Financial Highlights II. Business Operations III. Looking Ahead 1 I. Financial Highlights 1. Profit and Scale 2. Asset Quality and Efficiency 3.
More informationChina Merchants Bank Reports 2009 Third Quarter Results
China Merchants Bank Reports 2009 Third Quarter Results Results Highlights Results increases over second quarter Strategic transformation yields results Net profit attributable to the Bank s shareholders
More informationQ November 3, 2010
Q3 2010 November 3, 2010 2 Agenda Chilean Economy Financial Highlights 3Q10 Financial Results Key Balance Sheet Figures Chile: Third Quarter 2010 Highlights Outstanding economic outlook for Chile Estimated
More informationANNOUNCEMENT OF ANNUAL RESULTS FOR YEAR 2011
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationReach New Height Shenzhen Development Bank 2010 First Half Report Release
Reach New Height Shenzhen Development Bank 2010 First Half Report Release 2010.08 SDB At a Glance Financial Results Business Achievements Looking Ahead 1 SDB At a Glance 2 SDB At a Glance Integrity Professionalism
More informationBANK OF CHINA LIMITED
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness
More informationBusiness Highlights. Key Initiatives. Financial Performance
Business Highlights In response to rapid market changes and amid economic uncertainties, we refined our business strategy, capitalising on our core strengths and continuing to grow our franchise under
More information2004 Interim Results. 19 August 2004
2004 Interim Results 19 August 2004 Forward-Looking Statement Disclaimer This presentation and subsequent discussions may contain forward- looking statements that involve risks and uncertainties. These
More information2012 Interim Financial Results (IFRS)
2012 Interim Financial Results (IFRS) Disclaimer The material in this presentation is not to be construed as an offer or a solicitation of an offer to buy the securities of Industrial and Commercial Bank
More informationRMB Internationalization Policies & Trade Finance Services. Xi Jingjing April 2017
RMB Internationalization Policies & Trade Finance Services Xi Jingjing April 2017 Contents China-Hungary Relationship Status quo and Future of RMB Internationalization BOC s Financial Services 2 China-Hungary
More informationTHIRD QUARTERLY REPORT OF 2018
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationTaiwan Business Bank Overviews. Nov / 2017
Taiwan Business Bank Overviews Nov / 2017 Disclaimer This presentation is provided by Taiwan Business Bank Co., Ltd. ( TBB ).The information contained within is not reviewed or reviewed by any accountant
More informationQ3-2018: Performance review. January 31, 2018
Q3-2018: Performance review January 31, 2018 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty
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 informationFor Q4 FY 09, Net Profit for Q4 FY 09 increased to Rs 2,742 crores, up by 45.62% as compared to Rs 1,883 crore in Q4 FY 08.
Press Release FY 09 Results SBI net profit crosses Rs. 9100 crores For FY 09, Net Profit for FY 09 increased to Rs 9,121 crores up by 35.5% as compared to Rs 6,729 crore in FY 08. For Q4 FY 09, Net Profit
More informationQ Results Presentation. 19 April 2017
Q1 2017 Results Presentation 19 April 2017 2 Important Information Disclaimer The material in this presentation is general background information about the activities of Emirates NBD Bank PJSC (Emirates
More information2016 Annual Results Press Release
China Merchants Bank Announces 2016 Annual Results Adhered to the Light-operation Bank strategy with enhanced edges of One Body with Two Wings Net profit reached RMB62.081 billion, up 7.60% year-on-year
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 informationExpertise Makes Life Simple!
Expertise Makes Life Simple! Understanding Ping An s Latest Strategy August 2013 Cautionary Statements Regarding Forward-Looking Statements To the extent any statements made in this presentation containing
More informationINDUSTRIAL & COMMERCIAL BANK OF CHINA Results Announcement. A Share Code: H Share Code: 1398
INDUSTRIAL & COMMERCIAL BANK OF CHINA 2015 Results Announcement A Share Code: 601398 H Share Code: 1398 Desclaimer This material is prepared by Industrial and Commercial Bank of China Limited (the "Bank")
More informationSaudi Hollandi Bank. Investor Presentation Financial Update Q Q2 Year
Saudi Hollandi Bank Investor Presentation Financial Update Q2 Year 2014 Q3-2014 800-124-2525 Important notice Disclaimer: The information in this presentation is prepared by Saudi Hollandi Bank. The information
More information4Q18 and 2018 Financial Results. January 18, 2019
4Q18 and 2018 Financial Results January 18, 2019 Forward-looking statements and use of key performance metrics and non-gaap financial measures This document contains forward-looking statements within the
More informationHSBC Taiwan Discovery Forum. Singapore November 7 th, 2014
HSBC Taiwan Discovery Forum Singapore November 7 th, 2014 Disclaimer This presentation and the presentation materials distributed herewith may include forward-looking statements. 2014/3Q financial data
More informationTransformation and Development in a New Environment
Transformation and Development in a New Environment China Life Insurance Company Limited November 28, 2013 Agenda Section I Section II Section III Features of the Current Life Insurance Industry in China
More information4Q17 and FY2017 Financial Results. January 19, 2018
4Q17 and FY2017 Financial Results January 19, 2018 Forward-looking statements and use of key performance metrics and non-gaap Financial Measures This document contains forward-looking statements within
More informationAustralia and New Zealand Banking Group Limited
Australia and New Zealand Banking Group Limited ABN 11 005 357 522 Year 30 September 2008 Consolidated Results Dividend Announcement and Appendix 4E The Consolidated Results and Dividend Announcement constitutes
More informationInvestors Report. Third Quarter 2016
Investors Report Third Quarter 2016 Disclaimer This document has been elaborated as a part of the information policies and transparency of BBVA Continental and contains public information, own source and
More informationZTO Express Q4 of Fiscal Year 2017 Investor Relations Presentation. Mar 9, 2018
ZTO Express Q4 of Fiscal Year Investor Relations Presentation Mar 9, 2018 Safe Harbor Statement and Disclaimer This presentation contains forward-looking statements within the meaning of Section 27A of
More informationFY 2017 Results Presentation. 16 January 2018
FY 217 Results Presentation 16 January 218 2 Important Information Disclaimer The material in this presentation is general background information about the activities of Emirates NBD Bank PJSC (Emirates
More informationPing An Bank Q Report Release. Apr 2013
Ping An Bank 2013 1Q Report Release Apr 2013 Contents I. Highlights II. Business Operation (I) Business Development (II) Efficiency Analysis (III) Asset Quality III. Our Vision 1 I. Highlights I. Highlights:
More information1Q19 Financial Results. April 18, 2019
1Q19 Financial Results April 18, 2019 Forward-looking statements and use of key performance metrics and non-gaap financial measures This document contains forward-looking statements within the meaning
More information1Q18 Financial Results
1Q18 Financial Results Analyst Meeting Presentation 23 April 2018 IMPORTANT DISCLAIMER: Information contained in this document has been prepared from several sources and the Bank does not confirm the accuracy
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 information