Union Bank Of Colombo Plc · CSELK:UBC.N0000

Union Bank Of Colombo — 1H 2021 Earnings Presentation

15 slides from Union Bank Of Colombo's earnings presentation, June 2021

  1. Slide 1: Investor Presentation June 2021

    Investor Presentation June 2021 1

  2. Slide 2: Overview

    Overview Vision: “Our Vision is to be the innovator of Banking Solutions to the wider Corporate, SME and Retail Segments and to be their Bank of choice, through professional and empowered people”. Mission: ▪ To our customers we provide the means of economic upliftment through customized banking and

  3. Slide 3: CEO's message

    CEO’s message “The Bank’s growth momentum in the second quarter of 2021 was impacted by the sudden outbreak of the third wave and its resultant impacts on the operating environment. With the development of the third wave, our key priority had to be adjusted once more towards extending the CBSL recom

  4. Slide 4: Union Bank records steady performance in 1H 2021

    Union Bank records steady performance in 1H 2021 Inc/Dec Income Statement (Rs.Mn) 1H 2021 1H 2020 (%) Net Interest Income 2,103 2,022 4% Net Fee & Commission Income 407 287 42% Net Trading & Other Operating Income 527 642 -18% Total Operating Income 3,036 2,951 3% Impairment Charge 436 281 55% Total

  5. Slide 5: Net Fee Income increased by 42%

    Net Fee Income increased by 42% Net Interest Income (Rs.Mn) Net Fees & Commission (Rs.Mn) 412 407 385 2,131 2,103 2,022 319 1,785 287 1,561 1,039 978 729 121 58 55 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20 1H 21 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20 1H 21 Net Interest Margin improved to 3.44% fr

  6. Slide 6: Operating Expenses declined by 6% YoY

    Operating Expenses declined by 6% YoY Net Trading & Other (Rs.Mn) Operating Expenses (Rs.Mn) 642 556 1,974 527 1,899 1,914 1,809 1,619 405 1,433 357 1,109 256 235 198 765 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20 1H 21 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20 1H 21 Total other income dropped by 18%

  7. Slide 7: Operating Margin increased by 18.4% YoY

    Operating Margin increased by 18.4% YoY Operating Margin (Rs.Mn) Operating Income (Rs.Mn) 1,400 3,036 1,200 CAGR 17% 1,000 800 986 600 400 1H 14 1H 21 200 - Operating Expenses (Rs.Mn) 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20 1H 21 1,809 • Total operating income increased by 3% to Rs. CAGR 3,036 Mn.

  8. Slide 8: Gross NPL Ratio improved to 5.85%

    Gross NPL Ratio improved to 5.85% Impairment Charge (Rs.Mn) Gross NPL (%) 436 12.36% 281 5.83% 186 5.40% 5.30% 4.87% 158 132 139 107 2.90% 2.62% 3.18% 18 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20 1H 21 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20 1H 21 Impairment Charge increased by 55.1% YoY The gross

  9. Slide 9: Balance Sheet - Bank

    Balance Sheet - Bank Growth Balance Sheet (Rs.Mn) Jun 2021 Dec 2020 (%) Net Loans (Rs.Mn) Treasury Assets 42,412 47,750 -11% 70,656 Loans & Advances 70,656 67,518 5% CAGR Cash & Balances with CB 3,270 3,128 5% 17% Other Assets 4,906 4,547 8% Total Assets 121,244 122,943 -1% 23,922 Borrowings 15,854

  10. Slide 10: CASA Ratio stood at 28.5%

    CASA Ratio stood at 28.5% Net Loans (Rs.Mn) 75,997 Deposits (Rs.Mn) 72,241 74,222 70,656 85,132 79,779 64,048 74,609 69,824 62,719 48,513 45,803 33,093 28,506 30,398 23,922 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20 1H 21 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20 1H 21 CASA (Rs.Mn) • Total deposits i

  11. Slide 11: Strong Capital Adequacy ratio of 15.88%

    Strong Capital Adequacy ratio of 15.88% • Capital Adequacy Ratio - The Bank continued to maintain high capital adequacy ratios. - The total capital ratio as at June 2021 was 15.88% - well above the statutory requirement of 12%. • Liquidity Coverage - The Bank maintains a very strong LKR liquidity po

  12. Slide 12: Income Statement - Group

    Income Statement - Group Inc/Dec Income Statement (Rs.Mn) 1H 2021 1H 2020 (%) Net Interest Income 2,510 2,301 9% Net Fee & Commission Income 464 332 40% Net Trading & Other Operating Income 565 687 -18% Total Operating Income 3,538 3,321 7% Impairment Charge 548 385 43% Total Operating Expenses 2,05

  13. Slide 13: Balance Sheet - Group

    Balance Sheet - Group Growth Balance Sheet (Rs.Mn) Jun 2021 Dec 2020 Net Loans (Rs.Mn) (%) 76,698 Treasury Assets 42,127 47,382 -11% CAGR Loans & Advances 76,698 73,777 4% 17% Cash & Balances with CB 3,431 3,555 -3% Other Assets 5,105 4,857 5% Total Assets 127,361 129,570 -2% 26,256 Borrowings 17,00

  14. Slide 14: Key Performance Indicators

    Key Performance Indicators BANK GROUP Item 30 Jun 2021 31 Dec 2020 30 Jun 2021 31 Dec 2020 Regulatory Capital - Rs '000 Common Equity Tier 1 (Basel III) 14,632,010 15,415,491 15,726,600 16,024,248 Tier 1 Capital / Core Capital (Basel III) 14,632,010 15,415,491 15,726,600 16,024,248 Total Capital / T

  15. Slide 15: Corporate Information

    Corporate Information Board of Directors Legal Form Name Title A Public Limited Liability Company incorporated in Sri Lanka under the Companies Act No. 17 of 1982. Atul Malik Chairman/Ind. Non-Exec. Director Sabry Ghouse Deputy Chairman/ Ind. Non-Exec. Director Re-registered under the Companies Act

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