ICICI Group: Strategy & Performance

Size: px
Start display at page:

Download "ICICI Group: Strategy & Performance"

Transcription

1 ICICI Group: Strategy & Performance

2 Agenda India: macroeconomic scenario Indian banking sector ICICI Group 2

3 Growth indicators Strong long term growth fundamentals Key drivers of growth Favourable demographics Rising per capita income Healthy savings & investment rates High potential for infrastructure development 3

4 Capital Demography Favorable demographic profile A young population with median age of 25 years ,432 1,501 1,432 1,501 1,053 1,053 Rising share of working age population Addition of around 11 million to the workforce every year for next five years Working age population to exceed 50% of total population in 2025 Dependency ratios to remain low till

5 Domestic demand Strong domestic demand Per Capita GDP (USD) 1,432 1, , ,414 Rising per capita GDP accelerating domestic demand Healthy private consumption driven by favourable demographics and rising income levels 5

6 Investment Increased investment in infrastructure sector ~25% ~35% Savings & investment rates continue to be in excess of 30% FY2003 FY2013 6

7 Growth trends Structurally high growth potential GDP growth % 7.2% 6.7% 5.6% 5.8% 3.9% 1970s 1980s 1990s 2000s Domestic driven growth model 7 Source: CSO

8 Macro environment Key concerns Positive trends Recent developments Moderation in GDP growth to less than 5%; industrial growth subdued Slowdown in investments and savings Inflationary pressures resulting in tight monetary policy Substantial reduction in trade deficit and current account deficit in current year Government has indicated commitment towards reduction of fiscal deficit Policy measures announced by government Strong growth in agriculture sector GDP growth improved from 4.4% in Q to 4.7% in Q

9 Agenda India: macroeconomic scenario Indian banking sector ICICI Group 9

10 Banking sector Indian financial sector: a transformation Pre-reform The 1990s Today Indian economy Extensive regulation Focus on industrial sector Liberalisation Globalisation Structural change services Competitive and global corporate sector Buoyant services sector Banking sector Highly segmented Public sector dominance Opening up of various sub-sectors Private sector participation Diversified financial groups Retail credit 10

11 Granular Market income share Private sector banks gaining market share 1 FY1995 FY2013 At December 31, 2013 ICICI Bank is the largest private sector bank in terms of total assets 1. Based on total assets 11 Source: RBI

12 Growth potential Under penetrated sector Growth potential Bank credit / GDP: ~58% Retail credit / GDP: ~10% Mortgage / GDP: ~5% Funding profile High proportion of deposit funding Conservative equity to assets Asset profile About 23% of net demand and time liabilities (NDTL) invested in government securities 4.00% of NDTL as cash reserve ratio with RBI Domestic oriented balance sheets 12

13 Regulatory framework Conservative regulatory framework Capital adequacy Average capital adequacy for the system ~13% Implementation of Basel III in FY2014 Capital requirements 1% higher as compared to BCBS Countercyclical capital and provisioning requirements Proactive regulatory approach Increase in provisioning requirements on non performing and restructured assets Proactive adjustments of risk weights for loans depending on economic cycle 13

14 Agenda India: macroeconomic scenario Indian banking sector ICICI Group 14

15 Granular ICICI income Group Transformation over the years Development Finance Project finance to India s corporate sector 1955 Commercial Banking Capitalising on liberalisation of financial sector 1994 Retail Banking First mover in consumption led growth opportunity 1998 Insurance Becoming a universal bank 2000 International Serving Indian MNCs, NRIs and local communities

16 ICICI Group Strong diversified financial services franchise ICICI Bank Largest private sector bank 74% 74% 51% 100% 100% Life Insurance (JV with Prudential) General Insurance (JV with Fairfax) Asset Management (JV with Prudential) Private Equity (Wholly owned) Securities (Wholly owned) Largest private sector life insurer Largest private sector general insurer Among top three mutual funds Leading private equity company Leading securities & broking company 16

17 ICICI Bank Growth over the years CAGR Current Branches ATMs - Employee base ~1,200 Assets (US$ billion) Profit after tax (US$ % 24% 21% 19% ~3,600 11,215 ~71, billion) Consolidated PAT (US$ billion) % ICICI Limited and ICICI Bank combined 2. Current PAT refers to FY

18 ICICI Bank Investment grade ratings Rating Moody s S&P Baa2 BBB- Ratings for senior unsecured debt 18

19 Our strategic path FY2010 Position the balance sheet for growth 4Cs: CASA, Costs, Credit Quality & Capital FY2011 Resume balance sheet growth Further improve funding mix through retail term deposit growth Improve RoA: sharp reduction in provisions FY2012 onwards Accelerate growth On the back of improved liability structure & RoA Leverage capital to increase RoE 19 Based on long-term economic growth outlook for the Indian economy

20 20 Significant improvement in asset and funding profile

21 Lending Healthy mix and calibrated growth 4% 7% 25% 28% 6% 27% 29% 5% 25% 33% 27% 31% 37% 37% 36% 35% 2% 1% 1% 2% Mar 2011 Mar 2012 Mar 2013 Dec 2013 Unsecured retail Secured retail Domestic corporate Overseas branches SME Retail segment expected to be key growth driver going forward 21

22 Funding Building a low cost and granular base CASA deposits 42% 43% 45% 42% 43% Retail deposits ~70% 29% ~50% ~50% ~30% Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Dec 2013 Mar 2009 Dec 2013 Savings Current Retail/domestic Wholesale/domestic Increasing proportion of CASA and retail deposits 22

23 Asset quality Improvement in trends over years Net NPA ratio 1.96% 1.87% 0.94% 0.62% 0.64% 0.81% Net NPA ratio well below industry average Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Dec 2013 Provisioning coverage healthy at 70.0% at December

24 Capital Strong capital position Capital 16.8% 11.5% Tier I CAR Dec 31, 2013 Including profits for 9M-2014, Basel III tier 1 ratio at over 12.5% at December 31, 2013 Among the best capitalised large Indian banks 24

25 25 Sustained improvement in financial performance

26 Granular income Sustained improvement across businesses Domestic NIM 3.51% 3.63% 3.65% 3.67% Improvement in funding base 2.98% 3.04% FY2011 FY2012 FY2013 Q Q Q International NIM 1.23% 1.34% 1.60% 1.81% 1.70% Bond/loan repayments covered by asset maturities; no refinancing risk 0.88% FY2011 FY2012 FY2013 Q Q Q

27 Granular income Substantial increase in overall NIMs Overall NIM 2.64% 2.73% 3.11% 3.27% 3.31% 3.32% Driven by profit and margin focus across domestic and international businesses FY2011 FY2012 FY2013 Q Q Q ~65 bps improvement in overall NIM since FY

28 Granular income Steady fee streams Retail fees Forex & derivative Commercial banking Focus on building granular and stable revenues Overall fee growth of 13% y-o-y in 9M

29 Granular income Regular and increasing dividend income Diversified financial services franchise yielding high returns FY2010 FY2012 FY2013 Remains healthy with increased payout by ICICI Life Contributing to increase in non-interest income 29

30 Operating efficiency Driving efficiency on larger network and business Cost-income % 42% 43% 41% Sustaining best in class cost-income ratios 38% Despite significant scale up in infrastructure FY2011 FY2012 FY2013 9M-2014 Focus on cost efficiency to continue 30

31 Investment in infrastructure Significant scale up in physical presence Network of 3,588 at Dec 2013; largest in private sector banks Supplemented by >11,000 ATMs Largest rural branch network among private sector banks ~75% of branch additions since March 2012 in rural and semi-urban areas 4,000 3,500 3,000 2,500 2,000 1,500 1, Branch network Metro Urban Semi Urban Rural 3,588 3,100 2,752 2,529 1,707 Mar-10 Mar-11 Mar-12 Mar-13 Dec-13 31

32 Technology Efficiency & differentiated customer proposition Advanced mobile banking platform Enhanced ATM functionality Leveraging social networking platforms Supporting customer service & cost efficiency MySavings Rewards program 24x7 electronic branch; Tab banking Money2India Mobile App for NRIs 32

33 Subsidiaries Healthy trends Insurance Life insurance: sustained profitability; growth and margins to stabilise following regulatory changes General insurance: maintains leadership position in private sector; healthy profitability Asset management & broking Focus on maintaining market position Business performance linked to market conditions; however, franchises remain profitable 33

34 Return profile Consistent delivery against stated objectives Standalone RoA FY2013 FY % <1.0% 9M % Over 70 bps improvement over FY2009 FY2009 <8.0% Consolidated RoE 9M-2014 FY % 14.7% Near doubling of consolidated RoE since FY

35 Key strengths Well capacitised for future growth Diversified business lines Build up of branch network Strong capital base Presence across all segments of financial services Scaled up to 3,588 branches at December 31, 2013 Largest branch network among private sector banks 1 CAR of 16.81% 2 with Tier 1 ratio of 11.53% 2 at December 31, 2013 as per RBI s guidelines on Basel III norms Source: Quarterly financial disclosures of other private sector banks 2. Excluding profits for nine months ended December 31, 2013

36 Thank you

37 37 Financial results

38 Profit & loss statement (` billion) FY 2013 Q M Q Q M Q3-o-Q3 growth NII % Non-interest income % - Fee income % - Other income % - Treasury income (0.79) % Total income % Operating expenses % Operating profit % 1. Includes commissions paid to direct marketing agents (DMAs) for origination of retail loans and lease depreciation 38

39 Profit & loss statement FY 2013 Q M Q Q M Q3-o-Q3 growth Operating profit % Provisions % Profit before tax % Tax % Profit after tax % 1. Includes additional tax provision of ` 2.15 billion for deferred tax liability on Special Reserve for 9M-2014 (` billion) 39

40 Balance sheet: Assets December 31, 2012 September 30, 2013 December 31, 2013 (` billion) Y-o-Y growth Cash & bank balances (20.9)% Investments 1, , , % - SLR investments % - Equity investment in subsidiaries (3.4)% - RIDF 1 and related % Advances 2 2, , , % Fixed & other assets % Total assets 2 5, , , % Net investment in security receipts of asset reconstruction companies was ` bn at December 31, 2013 (September 30, 2013: ` bn) Net credit derivative portfolio completely wound down at December 31, 2013 compared to US$ 2 mn at September 30, 2013 and US$ 59 mn at December 31, Rural Infrastructure Development Fund 2. Including impact of exchange rate movement 40

41 Loan book classification: reporting from March 2013 Nature of loan Earlier reported in Now reported in Builder finance Retail - home Domestic corporate Loans to small businesses Dealer funding Rural retail i.e. portfolios like jewel loans, farm equipment loans etc. Loans to SMEs related to agriculture Loans to corporates related to agriculture SME Retail - other secured Rural Rural Rural Retail - business banking Retail - business banking Retail - others SME Domestic corporate 41

42 Composition of loan book (y-o-y) December 31, 2012 December 31, Total loan book: ` 2,868 bn Total loan book: ` 3,326 bn Including impact of exchange rate movement 2. Domestic corporate loans include builder finance 3. Including buyouts & inter-bank participation certificates

43 Composition of retail loan book (y-o-y) December 31, 2012 December 31, Total retail loan book: ` 999 bn Total retail loan book: ` 1,222 bn Total retail advances growth of 22.3% December 31, 2012 :Vehicle loans includes auto loans 10.0%, commercial business 15.1% 2. December 31, 2013: Vehicle loans includes auto loans 11.0%, commercial business 10.2%

44 Composition of loan book (q-o-q) September 30, 2013 December 31, Total loan book: ` 3,178 bn Total loan book: ` 3,326 bn Including impact of exchange rate movement 2. Domestic corporate loans include builder finance 3. Including buyouts & inter-bank participation certificates

45 Composition of retail loan book (q-o-q) September 30, 2013 December 31, Total retail loan book: ` 1,151 bn Total retail loan book: ` 1,222 bn 1. September 30, 2013: Vehicle loans includes auto loans 10.5%, commercial business 11.7% 2. December 31, 2013: Vehicle loans includes auto loans 11.0%, commercial business 10.2% 45

46 Equity investment in subsidiaries December 31, 2012 September 30, 2013 (` billion) December 31, 2013 ICICI Prudential Life Insurance ICICI Bank Canada ICICI Bank UK ICICI Lombard General Insurance ICICI Home Finance ICICI Bank Eurasia LLC ICICI Securities Limited ICICI Securities Primary Dealership ICICI AMC ICICI Venture Funds Mgmt Others Total

47 Balance sheet: Liabilities December 31, 2012 September 30, 2013 December 31, 2013 (` billion) Y-o-Y growth Net worth % - Equity capital % - Reserves % Deposits 2, , , % - Savings % - Current % Borrowings 2,3 1, , , % Other liabilities % Total liabilities 2 5, , , % 1. During the three months ended December 31, 2013, the Bank has created a DTL of ` billion on Special Reserve outstanding at March 31, 2013, by reducing the reserves 2. Borrowings include preference shares amounting to ` 3.50 bn 3. Including impact of exchange rate movement Credit/deposit ratio of 80.5% on the domestic balance sheet at December 31,

48 Composition of borrowings (` billion) December 31, 2012 September 30, 2013 December 31, 2013 Domestic Capital instruments Other borrowings Overseas Capital instruments Other borrowings Total borrowings 2 1, , , Includes preference share capital ` 3.50 bn 2. Including impact of exchange rate movement Capital instruments constitute 55.9% of domestic borrowings 48

49 Capital adequacy Standalone Basel III September 30, 2013 December 31, 2013 ` bn % ` bn % Total Capital % % - Tier I % % - Tier II % % Risk weighted assets 4, , On balance sheet 3, , Off balance sheet 1, , In line with applicable guidelines, the Basel III capital ratios reported by the Bank for the interim periods do not include the profits for the period Including the profits for 9M-2014, the capital adequacy ratio for the Bank as per Basel III norms would have been 17.94% and the Tier I ratio would have been 12.66% On a consolidated basis, excluding profits, the total capital adequacy ratio as per Basel III norms is 17.45%; Tier-1 capital adequacy is 11.70% 49

50 Asset quality and provisioning (` billion) December 31, 2012 September 30, 2013 December 31, 2013 Gross NPAs Less: Cumulative provisions Net NPAs Net NPA ratio 0.64% 0.73% 0.81% Gross retail NPLs at ` bn and net retail NPLs at ` 7.88 bn at December 31, 2013 as compared to ` bn and ` 8.81 bn respectively at December 31, Provisioning coverage ratio of 70.0% at December 31, 2013 computed in accordance with RBI guidelines Net loans to companies whose facilities have been restructured at ` bn at December 31, 2013 compared to ` bn at September 30, 2013 and ` bn at December 31, 2012 Outstanding general provision on standard assets: ` bn at December 31, Based on revised definition of retail loans 50

51 51 Overseas subsidiaries

52 ICICI Bank UK asset profile September 30, 2013 December 31, Total assets: USD 4.2 bn Total assets: USD 4.4 bn 1. Includes cash & advances to banks, T Bills 2. Includes securities re-classified to loans & advances 52

53 ICICI Bank UK liability profile September 30, 2013 December 31, 2013 Total liabilities: USD 4.2 bn Total liabilities: USD 4.4 bn Profit after tax of US$ 8.5 mn in Q compared to US$ 5.4 mn in Q Capital adequacy ratio at 24.4% Proportion of retail term deposits in total deposits at 36% at December 31,

54 ICICI Bank Canada asset profile September 30, 2013 December 31, Total assets: CAD 5.3 bn Total assets: CAD 5.3 bn 1. Includes cash & advances to banks and government securities 2. Based on IFRS, securitised portfolio of CAD 1,815 mn and CAD 1,818 mn considered as part of Insured mortgage portfolio at September 30, 2013 and December 31, 2013 respectively 54

55 ICICI Bank Canada liability profile September 30, 2013 December 31, Total liabilities: CAD 5.3 bn Profit after tax of CAD 10.0 mn in Q compared to CAD 8.3 mn in Q Capital adequacy ratio at 31.6% 1. As per IFRS, proceeds of CAD 1,809 mn and CAD 1,815 mn from sale of securitised portfolio considered as part of borrowings at September 30, 2013 and December 31, 2013 respectively Total liabilities: CAD 5.3 bn 55

56 ICICI Bank Eurasia asset profile September 30, 2013 December 31, Total assets: USD 182 mn Total assets: USD 144 mn Total borrowings of USD 67 mn at December 31, 2013 Capital adequacy of 41.6% at December 31, 2013 Net profit of USD 0.1 mn in Q compared to USD 2.4 mn in Q Includes cash & call placements with banks, balances with central bank, government securities and nostro balances

57 57 Domestic subsidiaries

58 ICICI Home Finance September 30, 2013 December 31, 2013 Total assets: ` bn Total assets: ` bn Profit after tax of ` mn in Q compared to ` mn in Q Capital adequacy ratio of 32.2% at December 31, 2013 Net NPA ratio: 0.8% At December 31, 2013: Networth ` bn; Deposits ` 3.34 bn and Borrowings & other liabilities ` bn 58

59 ICICI Life (` billion) Q Q FY2013 New business received premium Renewal premium Total premium Annualised premium equivalent (APE) New Business Profit (NBP) NBP margin 15.0% 10.9% 15.0% Statutory profit Assets Under Management Expense ratio % 18.2% 19.2% Sustained leadership in private space with an overall market share of 7.2% 3 for H Private sector market share increased from 18.3% in H to 19.9% in H On Traditional Embedded Value basis; post tax 2. All expenses (including commission) / (Total premium 90% of single premium) 3. Source: IRDA (new business retail weighted premium) 59

60 ICICI General (` billion) Q Q FY2013 Gross premium PAT Profit after tax of ` 4.35 billion for 9M-2014 compared to ` 2.79 billion in 9M-2013 Market share based on gross written premium was 9.6% 3 for April-November Excluding remittances from third party motor pool (the Pool) and including premium on reinsurance accepted 2. Includes impact of third party motor pool losses on account of actuarial valuation of the liability for the period FY2007 to FY Source: IRDA 60

61 Other subsidiaries (` billion) Profit after tax Q Q FY2013 ICICI Securities (Consolidated) ICICI Securities Primary Dealership ICICI Venture ICICI Prudential Asset Management % increase in consolidated profit after tax from ` bn in 9M-2013 to ` bn in 9M % increase in consolidated profit after tax from ` bn in Q to ` bn in Q Consolidated return on average net worth for 9M-2014 at 15.1% compared to 14.6% for 9M-2013 (14.7% for FY2013) Consolidated return on average net worth (annualised) for Q at 15.0% compared to 15.7% for Q

62 62 Key ratios

63 Key ratios (consolidated) FY Q M- Q2- Q M Return on average networth 1,2 (consolidated) Weighted avg EPS (`) Book value (`) Based on quarterly average networth 2. Annualised for all interim periods (Percent) 63

64 Key ratios (standalone) FY 2013 Q M- Q2- Q M Return on average networth Return on average assets Weighted avg EPS (`) Book value (`) Net interest margin Fee to income Cost to income Average CASA ratio Annualised for all interim periods (Percent) 64

ICICI Group: Strategy & Performance. Motilal Oswal Conference September 2, 2013

ICICI Group: Strategy & Performance. Motilal Oswal Conference September 2, 2013 ICICI Group: Strategy & Performance Motilal Oswal Conference September 2, 2013 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations

More information

Q2-2016: Performance review. October 30, 2015

Q2-2016: Performance review. October 30, 2015 Q2-: Performance review October 30, Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and

More information

Q1-2016: Performance review. July 31, 2015

Q1-2016: Performance review. July 31, 2015 Q1-2016: Performance review July 31, Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and

More information

Performance Review: Q April 25, 2014

Performance Review: Q April 25, 2014 Performance Review: Q4- April 25, Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes

More information

Q4-2015: Performance review. April 27, 2015

Q4-2015: Performance review. April 27, 2015 Q4-: Performance review April 27, Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes

More information

ICICI Group: Performance & Strategy. November 2015

ICICI Group: Performance & Strategy. November 2015 ICICI Group: Performance & Strategy November 2015 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty

More information

Performance Review: Q April 26, 2013

Performance Review: Q April 26, 2013 Performance Review: Q4- April 26, Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes

More information

ICICI Group: Strategy & Performance. February 2010

ICICI 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 information

ICICI Group: Strategy & Performance. November 2009

ICICI 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 information

ICICI Group: Strategy and Performance. August 2009

ICICI Group: Strategy and Performance. August 2009 ICICI Group: Strategy and Performance August 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 information

Q1-2018: Performance review. July 2017

Q1-2018: Performance review. July 2017 Q1-2018: Performance review July Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes

More information

Q3-2018: Performance review. January 31, 2018

Q3-2018: 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 information

Q2-2018: Performance review. October 27, 2017

Q2-2018: Performance review. October 27, 2017 Q2-2018: Performance review October 27, Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty

More information

ICICI Group: Performance & Strategy. May 2016

ICICI Group: Performance & Strategy. May 2016 ICICI Group: Performance & Strategy May 2016 Agenda Indian economy ICICI Group Key International regulatory business developments 2 India: strong long term fundamentals Key drivers of growth Favourable

More information

Performance review. May 2016

Performance review. May 2016 Performance review May 2016 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes

More information

ICICI Group: Performance & Strategy. February 2017

ICICI Group: Performance & Strategy. February 2017 ICICI Group: Performance & Strategy February 2017 Agenda Indian economy and banking sector ICICI Group Key International regulatory business developments 2 India: strong long term fundamentals Key drivers

More information

ICICI Group: Performance & Strategy. September 2017

ICICI Group: Performance & Strategy. September 2017 ICICI Group: Performance & Strategy September 2017 Agenda Indian economy and banking sector ICICI Group Key International regulatory business developments 2 India: strong long term fundamentals Key drivers

More information

ICICI Group: Performance & Strategy. May 2015

ICICI Group: Performance & Strategy. May 2015 ICICI Group: Performance & Strategy May 2015 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty

More information

Q2-2018: Performance review

Q2-2018: Performance review Q2-2018: Performance review October 27, 2017 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty

More information

Q2-2019: Performance review. October 26, 2018

Q2-2019: 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 information

Q1-2019: Performance review. July 27, 2018

Q1-2019: 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 information

Q1-2018: Performance review. July 2017

Q1-2018: Performance review. July 2017 Q1-2018: Performance review July 2017 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and

More information

FY2017: Performance review. May 3, 2017

FY2017: Performance review. May 3, 2017 FY2017: Performance review May 3, 2017 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty

More information

FY2018: Performance review. May 7, 2018

FY2018: Performance review. May 7, 2018 FY2018: Performance review May 7, 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 information

ICICI Group. Performance and Strategy. February 2016

ICICI Group. Performance and Strategy. February 2016 ICICI Group Performance and Strategy February 2016 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to

More information

Performance Review: FY2007. April 28, 2007

Performance Review: FY2007. April 28, 2007 Performance Review: FY2007 April 28, 2007 Agenda Highlights Operating Review Financial Performance Life Insurance General Insurance 2 Highlights 22% increase in profit after tax to Rs. 31.10 billion in

More information

India & ICICI Group. Trends & Outlook. November 2015

India & ICICI Group. Trends & Outlook. November 2015 India & ICICI Group Trends & Outlook November 2015 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to

More information

ICICI Group. November 2017

ICICI Group. November 2017 ICICI Group November 2017 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes in

More information

Analyst call on July 27, 2017: opening remarks. Our Board has today approved the financial results of ICICI Bank for the quarter ended June 30, 2017.

Analyst call on July 27, 2017: opening remarks. Our Board has today approved the financial results of ICICI Bank for the quarter ended June 30, 2017. Analyst call on July 27, 2017: opening remarks Ms. Kochhar s opening remarks Good evening to all of you. Our Board has today approved the financial results of ICICI Bank for the quarter ended June 30,

More information

Analyst call on January 31, 2018: opening remarks

Analyst call on January 31, 2018: opening remarks Analyst call on January 31, 2018: opening remarks Ms. Kochhar s opening remarks Good evening to all of you. Our Board has today approved the financial results of ICICI Bank for the quarter ended December

More information

Analyst call on October 27, 2017: opening remarks

Analyst call on October 27, 2017: opening remarks Analyst call on October 27, 2017: opening remarks Certain statements in this call are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty

More information

India and the ICICI Group. September 4, 2017

India and the ICICI Group. September 4, 2017 India and the ICICI Group September 4, 2017 Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty

More information

Performance Review: Q July 25, 2003

Performance Review: Q July 25, 2003 Performance Review: 2004 July 25, Highlights 34% increase in profit after tax to Rs. 3.40 bn compared to Rs. 2.53 bn in Net interest margin improved to 1.7% for 2004 compared to 1.4% for FY Equity capital

More information

News Release January 21, Performance Review Quarter ended December 31, 2009

News Release January 21, Performance Review Quarter ended December 31, 2009 News Release January 21, 2010 Performance Review Quarter ended December 31, 6% sequential increase in standalone profit after tax to Rs. 1,101 crore for the quarter ended December 31, from Rs. 1,040 crore

More information

Earnings Presentation. Annual Results FY16-17

Earnings Presentation. Annual Results FY16-17 Earnings Presentation Annual Results FY16-17 1 Safe Harbor Except for the historical information contained herein, statements in this release which contain words or phrases such as will, aim, will likely

More information

News Release January 31, Performance Review Quarter ended December 31, 2012

News Release January 31, Performance Review Quarter ended December 31, 2012 News Release January 31, 2013 Performance Review Quarter ended December 31, 2012 Consolidated return on equity (annualised) of 15.7% for the quarter ended December 31, 2012 (Q3-2013) 30% year-on-year increase

More information

Kotak Annual Global Investor Conference 2011 Chasing Growth. Mr. Bipin Kabra February 11, 2011

Kotak Annual Global Investor Conference 2011 Chasing Growth. Mr. Bipin Kabra February 11, 2011 Kotak Annual Global Investor Conference 2011 Chasing Growth Mr. Bipin Kabra February 11, 2011 Agenda 1 Macro update 2 Dhanlaxmi Bank - An overview 3 A Bank in Transformation 4 Financials - How the Numbers

More information

Performance Review Quarter ended June 30, 2013

Performance Review Quarter ended June 30, 2013 News Release July 31, 2013 Performance Review Quarter ended June 30, 2013 32% year-on-year increase in consolidated profit after tax to ` 2,747 crore (US$ 463 million) for the quarter ended June 30, 2013

More information

Performance Review Quarter ended September 30, 2013

Performance Review Quarter ended September 30, 2013 News Release October 25, 2013 Performance Review Quarter ended September 30, 2013 20% year-on-year increase in standalone profit after tax to ` 2,352 crore (US$ 376 million) for the quarter ended September

More information

News Release April 24, Performance Review Quarter and year ended March 31, 2010

News Release April 24, Performance Review Quarter and year ended March 31, 2010 News Release April 24, 2010 Performance Review Quarter and year ended March 31, 2010 35% year-on-year increase in standalone profit after tax to Rs. 1,006 crore for the quarter ended March 31, 2010 from

More information

News Release October 30, Performance Review: Quarter ended September 30, 2014

News Release October 30, Performance Review: Quarter ended September 30, 2014 News Release October 30, Performance Review: Quarter ended September 30, 15% year-on-year increase in standalone profit after tax to ` 2,709 crore (US$ 439 million) for the quarter ended September 30,

More information

News Release April 26, Performance Review Year ended March 31, 2008: ICICI Bank s profit after tax crosses US$ 1.0 billion

News Release April 26, Performance Review Year ended March 31, 2008: ICICI Bank s profit after tax crosses US$ 1.0 billion News Release April 26, 2008 Performance Review Year ended March 31, 2008: ICICI Bank s profit after tax crosses US$ 1.0 billion The Board of Directors of ICICI Bank Limited (NYSE: IBN) at its meeting held

More information

Performance and Outlook. November 2016

Performance and Outlook. November 2016 Performance and Outlook November 2016 1 Macro Picture Asset Quality Growth Earnings Quality Retail Franchise 2 Growth in industrial production has slowed in recent months Growth in IIP and Components 14%

More information

News Release October 27, Performance Review: Quarter ended September 30, 2017

News Release October 27, Performance Review: Quarter ended September 30, 2017 News Release October 27, 2017 Performance Review: Quarter ended September 30, 2017 Decline in gross NPA additions to 4,674 crore (US$ 716 million) in the quarter ended September 30, 2017 (Q2-2018) compared

More information

News Release July 31, 2014

News Release July 31, 2014 News Release July 31, 2014 Performance Review: Quarter ended June 30, 2014 17% year-on-year increase in standalone profit after tax to ` 2,655 crore (US$ 441 million) for the quarter ended June 30, 2014

More information

Continued to perform on core operating parameters

Continued to perform on core operating parameters News Release May 7, 2018 Performance Review: Quarter ended March 31, 2018 Strong balance sheet growth Total domestic loan growth at 15% year-on-year at March 31, 2018 driven by retail Retail loans grew

More information

Trend in deposit maturity profile

Trend in deposit maturity profile COMPANY UPDATE Saday Sinha saday.sinha@kotak.com +91 22 6621 6312 ICICI BANK PRICE: RS.1571 RECOMMENDATION: BUY TARGET PRICE: RS.1821 FY16E P/E: 13.5X, P/ABV: 2.1X ICICI bank has continued to demonstrate

More information

INVESTOR PRESENTATION

INVESTOR PRESENTATION INVESTOR PRESENTATION 1 Contents Well positioned across India s GDP spectrum Meeting Diverse Customers Needs Unique Franchise in the Indian Banking Sector Key Business Initiatives Financial Highlights

More information

News Release July 27, 2018

News Release July 27, 2018 News Release July 27, 2018 Performance Review: Quarter ended June 30, 2018 The core operating profit (profit before provisions and tax, excluding treasury income) grew by 17% year-on-year to 5,042 crore

More information

Investor Presentation. April 2016

Investor Presentation. April 2016 Investor Presentation April 2016 Safe Harbor Except for the historical information contained herein, statements in this release which contain words or phrases such as will, aim, will likely result, would,

More information

HOLD KOTAK MAHINDRA BANK LTD. Highlights. STANDALONE Result Update: Q3 FY14. CMP Target Price JAN. 29 th, 2014

HOLD KOTAK MAHINDRA BANK LTD. Highlights. STANDALONE Result Update: Q3 FY14. CMP Target Price JAN. 29 th, 2014 HOLD CMP 672.00 Target Price 690.00 KOTAK MAHINDRA BANK LTD. STANDALONE Result Update: Q3 FY14 JAN. 29 th, 2014 ISIN: INE237A01028 Stock Data Sector Banking BSE Code 500247 Face Value / Div. Per Share

More information

Performance Review: Q1:FY2003. July 31, 2002

Performance Review: Q1:FY2003. July 31, 2002 Performance Review: Q1:FY2003 July 31, 2002 Highlights Profit after tax Rs. 2.53 billion despite full impact of merger transition costs and increase in general provision against standard assets Return

More information

FY Annual Results. Investor Presentation

FY Annual Results. Investor Presentation FY 2011-12 Annual Results Investor Presentation Performance Highlights Q4FY12 12M FY12 Net Profit 25% YOY 25% YOY Net Interest Income 26% YOY 22% YOY Fee Income 8% YOY 25% YOY Operating Revenue 18% YOY

More information

Investor Presentation

Investor Presentation Investor Presentation Contents Well positioned across India s GDP spectrum Meeting Diverse Customers Needs Unique Franchise in the Indian Banking Sector Key Business Initiatives Financial Highlights Value

More information

ICICI Bank BUY. Performance Highlights. CMP Target Price `279 `348. 2QFY2016 Result Update Banking. 3-year price chart. Key financials (Standalone)

ICICI Bank BUY. Performance Highlights. CMP Target Price `279 `348. 2QFY2016 Result Update Banking. 3-year price chart. Key financials (Standalone) 2QFY2016 Result Update Banking November 3, 2015 ICICI Bank Performance Highlights Particulars (` cr) 2QFY16 1QFY16 % chg (qoq) 2QFY15 % chg (yoy) NII 5,251 5,115 2.7 4,657 12.8 Pre-prov. profit 5,158 5,038

More information

Investor Presentation

Investor Presentation Investor Presentation 31.12.2016 Awards and Accolades IDRBT Award for the Best Bank Among Small Banks for Digital Banking, 2015-16 on 18.07.2016 IDRBT Award for the Best Bank Among Small Banks for Managing

More information

Performance and Outlook

Performance and Outlook Performance and Outlook November 2017 NSE: AXISBANK BSE: 532215 LSE (GDR): AXB 1 Safe Harbor Except for the historical information contained herein, statements in this release which contain words or phrases

More information

News Release May 3, Performance Review: Quarter ended March 31, 2017

News Release May 3, Performance Review: Quarter ended March 31, 2017 News Release May 3, 2017 Performance Review: Quarter ended March 31, 2017 189% increase in standalone profit after tax from ` 702 crore (US$ 108 million) for the quarter ended March 31, 2016 (Q4-2016)

More information

News Release January 24, Performance Review Quarter ended December 31, 2008

News Release January 24, Performance Review Quarter ended December 31, 2008 News Release January 24, 2009 Performance Review Quarter ended December 31, 2008 Profit after tax of Rs. 1,272 crore; 25% increase over second quarter 23% year-on-year increase in operating profit for

More information

Investor Presentation Q3 FY2013

Investor Presentation Q3 FY2013 Investor Presentation Q3 FY2013 IMPORTANT NOTICE No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness

More information

News Release October 26, Performance Review: Quarter ended September 30, 2018

News Release October 26, Performance Review: Quarter ended September 30, 2018 News Release October 26, 2018 Performance Review: Quarter ended September 30, 2018 The core operating profit (profit before provisions and tax, excluding treasury income) grew by 10% year-on-year to 5,285

More information

Housing Development Finance Corporation Limited

Housing Development Finance Corporation Limited Housing Development Finance Corporation Limited June 2015 CONTENTS HDFC Snapshot Mortgage Market in India Operational and Financial Highlights: Mortgages Valuations and Shareholding Financials: Standalone

More information

News Release April 25, 2009

News Release April 25, 2009 News Release April 25, 2009 Performance Review Year ended March 31, 2009 Dividend of Rs. 11 per share proposed, same as previous year Profit before tax of Rs. 5,117 crore for the year ended March 31, 2009

More information

Performance and Outlook. December 2015

Performance and Outlook. December 2015 Performance and Outlook December 2015 Agenda Macro Picture Performance Highlights Q&A 2 Agenda Macro Picture Performance Highlights Fundamentals (IIP) Output conditions Inflation Rates Credit and Deposit

More information

ICICI BANK PRICE: RS.315 TARGET PRICE: RS.400 FY17E P/E: 12.3X, P/ABV: 1.8X

ICICI BANK PRICE: RS.315 TARGET PRICE: RS.400 FY17E P/E: 12.3X, P/ABV: 1.8X COMPANY UPDATE Saday Sinha saday.sinha@kotak.com +91 22 6621 6312 ICICI BANK PRICE: RS.315 RECOMMENDATION: BUY TARGET PRICE: RS.400 FY17E P/E: 12.3X, P/ABV: 1.8X ICICI bank is well positioned to ride the

More information

News Release July 26, 2008

News Release July 26, 2008 News Release July 26, 2008 Performance Review Quarter ended June 30, 2008 The Board of Directors of ICICI Bank Limited (NYSE: IBN) at its meeting held at Vadodara today, approved the audited accounts of

More information

INVESTOR PRESENTATION

INVESTOR PRESENTATION INVESTOR PRESENTATION CLSA ASEAN CORPORATE ACCESS FORUM 2013 14 th March 2013 Agenda Page 1. Review of Result 2012 3-19 2. Future Positioning 21-23 IMPORTANT DISCLAIMER: Information contained in this document

More information

Investor Presentation MARCH-2013

Investor Presentation MARCH-2013 Investor Presentation MARCH-2013 IMPORTANT NOTICE No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness

More information

2014 Full Year Results Presentation

2014 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 information

ICICI Bank. Source: Company Data; PL Research

ICICI Bank. Source: Company Data; PL Research Steady quarter, margin outlook seems more than cautious January 25, 2011 Abhijit Majumder abhijitmajumder@plindia.com +91 22 66322236 Umang Shah umangshah@plindia.com +91 22 66322242 Rating BUY Price Rs1,084

More information

AXIS BANK PRICE: RS.581 TARGET PRICE: RS.685 FY17E P/E: 13.7X, P/ABV: 2.5X

AXIS BANK PRICE: RS.581 TARGET PRICE: RS.685 FY17E P/E: 13.7X, P/ABV: 2.5X RESULT UPDATE Saday Sinha saday.sinha@kotak.com +91 22 6621 6312 AXIS BANK PRICE: RS.581 RECOMMENDATION: BUY TARGET PRICE: RS.685 FY17E P/E: 13.7X, P/ABV: 2.5X Q1FY16 results: Marginal uptick in fresh

More information

Q2 FY 12 INVESTOR PRESENTATION

Q2 FY 12 INVESTOR PRESENTATION Q2 FY 12 INVESTOR PRESENTATION PERFORMANCE HIGHLIGHTS Profitability Measure ROA 1.34 1.15 1.44 11.48% 11.28% 14.29% Shareholder Value Measure ROE 38.60% 38.91% Efficiency Measure COST-INCOME 33.90% 0.68

More information

FY First Quarter Results. Investor Presentation

FY First Quarter Results. Investor Presentation FY 2009-10 First Quarter Results Investor Presentation 1 Performance Highlights Q1FY10 Net Profit Net Interest Income Fee Income Operating Revenue Operating Profit 70% YOY 29% YOY 17% YOY 40% YOY 47% YOY

More information

HDFC Bank Ltd. BUY. Investment Rationale. July 2, Volume No.. 1 Issue No. 28

HDFC Bank Ltd. BUY. Investment Rationale. July 2, Volume No.. 1 Issue No. 28 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15. Volume No.. 1 Issue No. 28 HDFC Bank Ltd. July 2, 2015 BSE Code: 500180 NSE Code: HDFCBANK Reuters Code: HDBK.BO

More information

Indiabulls Housing Finance Limited Unaudited Financial Results Q3 FY January 22, 2014

Indiabulls Housing Finance Limited Unaudited Financial Results Q3 FY January 22, 2014 Indiabulls Housing Finance Limited Unaudited Financial Results Q3 FY 2013-14 January 22, 2014 Safe Harbour Statement This document contains certain forward-looking statements based on current expectations

More information

KASIKORNBANK. Presentation for Analyst Meeting as of 4Q17. January 2018

KASIKORNBANK. Presentation for Analyst Meeting as of 4Q17. January 2018 KASIKORNBANK Presentation for Analyst Meeting as of 4Q17 January 218 For further information, please contact the Investor Relations Unit or visit our website at www.kasikornbank.com 1 KASIKORNBANK at a

More information

News Release July 29, 2011

News Release July 29, 2011 News Release July 29, 2011 Performance Review Quarter ended June 30, 2011 53% year-on-year increase in consolidated profit after tax to ` 1,667 crore (US$ 373 million) for the quarter ended June 30, 2011

More information

Standalone profit crosses ` 10,000 crore

Standalone profit crosses ` 10,000 crore News Release April 27, 2015 Standalone profit crosses ` 10,000 crore 14% year-on-year increase in standalone profit after tax to ` 11,175 crore (US$ 1.8 billion) for the year ended March 31, 2015 (FY2015)

More information

Please note that the transcript has been edited for the purpose of clarity and accuracy.

Please note that the transcript has been edited for the purpose of clarity and accuracy. Earnings Conference Call Quarter ended June 30, 2014 (Q1-2015) Please note that the transcript has been edited for the purpose of clarity and accuracy. Certain statements in this call are forward-looking

More information

INVESTOR PRESENTATION FEDERAL BANK

INVESTOR PRESENTATION FEDERAL BANK INVESTOR PRESENTATION FY 2010-11 Fourth Quarter & Annual Results as on 31.03.2011 PERFORMANCE HIGHLIGHTS Q4 FY 11 FY 2011 (YOY growth) (YOY growth) Net Interest Income Fee Income Total Income Net Profit

More information

Recommendation BUY Snapshot CMP (01/08/2011) Rs. 85 Target Rs. 129

Recommendation BUY Snapshot CMP (01/08/2011) Rs. 85 Target Rs. 129 Recommendation BUY Snapshot CMP (01/08/2011) Rs. 85 Target Rs. 129 Sector Banking Stock Details BSE Code NSE Code Bloomberg Code Market Cap (Rs. Crs) Free Float (%) 52 wk HI/Low Avg. volume BSE (Quarterly)

More information

For 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.

For 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 information

KCB INVESTOR AND MEDIA PRESENTATION 2012 FULL YEAR GROUP AUDITED FINANCIAL RESULTS

KCB INVESTOR AND MEDIA PRESENTATION 2012 FULL YEAR GROUP AUDITED FINANCIAL RESULTS KCB INVESTOR AND MEDIA PRESENTATION 2012 FULL YEAR GROUP AUDITED FINANCIAL RESULTS 1 Outline 1. East Africa Macroeconomic View 2. The Bank at a Glance 3. 2012 full year KCB group Financial Results 4. Future

More information

Siam Commercial Bank PCL

Siam Commercial Bank PCL Siam Commercial Bank PCL CLSA Investors Forum 2011 September 2011 1. Agenda Review of Result 2Q11 Page 3-17 2. Going Forward 19-23 IMPORTANT DISCLAIMER: Information contained in this document has been

More information

News Release November 7, Performance Review: Quarter ended September 30, 2016

News Release November 7, Performance Review: Quarter ended September 30, 2016 News Release November 7, 2016 Performance Review: Quarter ended September 30, 2016 21% year-on-year growth in retail portfolio; domestic advances grew by 16% year-on-year at September 30, 2016 18% year-on-year

More information

Quarterly Results Q3FY15

Quarterly Results Q3FY15 Quarterly Results Q3FY15 13 th February 2015 Safe Harbor Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject

More information

YES BANK Sea Change in Regulations & Opportunities. Edelweiss Conference Tuesday, February 7,2012

YES BANK Sea Change in Regulations & Opportunities. Edelweiss Conference Tuesday, February 7,2012 YES BANK Sea Change in Regulations & Opportunities Edelweiss Conference Tuesday, February 7,2012 Agenda Version 1.0 Setting up the Foundation Version 2.0 : FY 2010 2015 Liability Franchise Diversification

More information

Robust Operating Momentum

Robust Operating Momentum Key Messages Operating Momentum Continues to make Strong Progress **** Healthy Core Engine Robust Operating Momentum Highest ever Operating Profit @ 708cr, grows 26% Y-o-Y Highest ever Net Profit @ 334Cr,

More information

INVESTOR PRESENTATION

INVESTOR PRESENTATION INVESTOR PRESENTATION J.P. MORGAN THAILAND CONFERENCE 2011 Deepak Sarup, CFO 17 th March 2011 AGENDA Pages I. Review of Results 2010 3-15 II. Future Positioning 17-27 III. 2011 Targets 29 IMPORTANT DISCLAIMER:

More information

PRESS RELEASE. Results at a Glance

PRESS RELEASE. Results at a Glance PRESS RELEASE AXIS BANK ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31 st MARCH 2017 Results at a Glance Quarterly Earnings register strong sequential growth: o Net Profit for Q4FY17 grew

More information

Uco Bank. GICS Industry : Commercial Banks Sub Industry : Diversified Banks Website : Key Stock Indicators

Uco Bank. GICS Industry : Commercial Banks Sub Industry : Diversified Banks Website :  Key Stock Indicators GICS Industry : Commercial Banks Sub Industry : Diversified Banks Website : www.ucobank.com Uco Bank Key Stock Indicators NSE Ticker : UCOBANK CMP as on 11 May 2011 Rs/share : 99.9 Shares outstanding (mn)

More information

Credit growth significantly ahead of the Industry average (26% growth Y-o-Y) Fourth consequent quarter of Slippages trending downwards

Credit growth significantly ahead of the Industry average (26% growth Y-o-Y) Fourth consequent quarter of Slippages trending downwards Key Messages Business momentum continues robust growth of 25% Y-o-Y Highest ever Operating Profit; Y-o-Y growth of 35%; Qtly Oper. Profit @ Rs.549 Cr. Credit growth significantly ahead of the Industry

More information

(Rs bn) < 1 Yr Share 1 Yr - 3Yr Share 3Yr - 5Yr Share > 5 Yr Share Total

(Rs bn) < 1 Yr Share 1 Yr - 3Yr Share 3Yr - 5Yr Share > 5 Yr Share Total ANNUAL REPORT UPDATE Saday Sinha saday.sinha@kotak.com +91 22 6621 6312 AXIS BANK PRICE: RS.1883 RECOMMENDATION: BUY TARGET PRICE: RS.2080 FY16E P/E: 11.5X, P/ABV: 1.9X Axis bank has favorable ALM with

More information

1Q18 Financial Results

1Q18 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 information

JV CAPITAL SERVICES PVT. LTD PNB

JV CAPITAL SERVICES PVT. LTD PNB JV CAPITAL SERVICES PVT. LTD PNB PNB CMP: 99 BUY INDUSTRY: Banking RISK PROFILE Low TARGET:13 CMP(Rs) 99 Target price(rs) 13 Upside (%) 31 2 Week h/l (Rs) 144/43 Market cap (Rs. Cr) 31696 6m Avg vol (

More information

AmBank Group - Strategy and Progress Update (ANZ Asia Tour)

AmBank 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 information

Siam Commercial Bank PCL DB Access Asia Conference 2012

Siam Commercial Bank PCL DB Access Asia Conference 2012 Siam Commercial Bank PCL DB Access Asia Conference 2012 May, 2012 Agenda Page 1. Review of Result 1Q12 3-17 2. Future Positioning 19-23 3. 2012 Targets 25 IMPORTANT DISCLAIMER: Information contained in

More information

Performance Review Quarter ended December 31, 2011

Performance Review Quarter ended December 31, 2011 News Release January 31, 2012 Performance Review Quarter ended December 31, 2011 29% year-on-year increase in consolidated profit after tax to ` 5,833 crore (US$ 1.1 billion) for the nine months ended

More information

Hatton National Bank. 1H 2018 Performance

Hatton National Bank. 1H 2018 Performance Hatton National Bank 1H 2018 Performance 1H 2018 (Rs Bn) 1H 2017 (Rs Bn) Growth % Interest 51.0 46.5 9.6% Interest Expenses (29.0) (27.4) 5.6% Net Operating NII 22.0 19.1 15.3% Net Fee 4.4 4.1 8.8% Net

More information

Annual Results FY 08. May 02, 2008

Annual Results FY 08. May 02, 2008 Annual Results May 02, 2008 1 BUSINESS HIGHLIGHTS SBI Group net profit crosses USD 2.24 Billion (Rs 8,960 crore) SBI Stand-alone Net Profit crosses Rs 6,700 crore Net Profit for at Rs 6,729 crore, up by

More information