Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk · IDX:BJBR
Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk — PT Bank Pembangunan Daerah Jawa Barat dan Banten — FY2022 Earnings Presentation
47 slides from Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk's earnings presentation, 2023
Slide 1: Corporate Presentation: Analyst Meeting FY 2022
CORPORATE PRESENTATION PT Bank Pembangunan Daerah Jawa Barat dan Banten, Tbk Analyst Meeting FY 2022
Slide 2: Investment Proposition
Investment Proposition The Economic Potential of Pioneer of Regional The First Movers on Sustainable West Java & Banten Development Bank (BPD) Synergy Banking in Indonesia As Indonesia’s 2nd Largest Economic Region (Combined) As Indonesia’s Largest Regional Development Bank Strong Commitment to ESG
Slide 3: The Economic Potential of West Java & Banten Region
The Economic Potential of West Java & Banten Region With Formidable Captive Market in Well-Established Ecosystem Benefited from West Java & Banten Economic Development Formidable Captive Market In Well-Established Ecosystem As Indonesia’s 2nd Largest Economic Region (Combined) - Source BPS Governmen
Slide 4: Pioneer of Regional Development Bank (BPD) Synergy
Pioneer of Regional Development Bank (BPD) Synergy As Indonesia’s Largest Regional Development Bank Regional Development Bank Financial Performance Regional Development Bank Breakdown (27 BPD, SPI OJK as of 30 November 2022) Rp Trillion Market Share (%) Based on Total Assets (Bank Only, 30 November
Slide 5: Bank Business Group (KUB) of bank bjb
Pioneer of Regional Development Bank (BPD) Synergy Bank Business Group (KUB) of bank bjb bank bjb’s Group Structure Subsidiaries and Affiliate Company bjb Sekuritas bjb Syariah Ownership 78,95% Ownership 99,24% Subsidiary BPR Intan Jabar Company Total Assets Total Deposits Total Financing Net Income
Slide 6: Transforming From Regional to Nationwide Coverage
Transforming From Regional to Nationwide Coverage With Hybrid-Bank Business Model Strengthen Offline Channels Enhancing Online Services Affiliate Company Potential KUB Addition East North Sumatra Kalimantan Digi Mobile as Omni Channels Riau bjb Riau Island Cardless South Sumatra Next Step, Becoming
Slide 7: Commitment for ESG Implementation: Sustainable Banking
Commitment for ESG Implementation Sustainable Banking Sustainable Portfolio Infrastructure Financing & Government Collaboration Rp. 14,6 Trillion bjb INDAH Financing for infrastructure projects, government- related procurement and government short term Eco Friendly deficit cash flow. MSME Business A
Slide 8: Commitment for ESG Implementation: Sustainable Operation
Commitment for ESG Implementation Sustainable Operation Digital Village 2.0 Program Empowering MSME’s Paperless Movement Support digitalization in a number of administrative bjb PESAT Developing systems that processes and financial (Pemberdayaan Ekonomi Masyarakat Terpadu) can eliminate or reduce se
Slide 9: Robust Financial Performance
Robust Financial Performance 4Q2022 Result Summary • Net Interest Income at Rp 8.4 tr (+6.4% YoY) Income • PPOP at Rp 3.1 tr (-4.7% YoY) Statement • LLP at Rp 213 bn (-65.8% YoY) • Net Income at Rp 2.2 tr (+11.2% YoY) • Total Loans at Rp 108.3 tr (+13.1% YoY) • Total Financing at Rp 7.4 tr (+15.5% Y
Slide 10: Consolidated
4Q 2022 Performance Consolidated 10
Slide 11: Income Statement (Consolidated)
Income Statement Consolidated YoY Result QoQ Result Income Statement YoY YoY (Rp bn) (%) (Rp bn) FY21 FY22 4Q21 3Q22 4Q22 QoQ (%) YoY (%) Interest Income 13,214 13,636 +3.2% +422 3,456 3,361 3,757 +11.8% +8.7% Interest Expense 5,314 5,228 -1.6% -86 1,222 1,268 1,539 +21.4% +25.9% Net Interest Income
Slide 12: Balance Sheet (Consolidated)
Balance Sheet Consolidated Balance Sheet YoY 4Q21 1Q22 2Q22 3Q22 4Q22 (Rp bn) (%) Cash 3,748 2,592 2,641 2,475 3,300 -11.9% Current Account with Bank Indonesia 11,900 6,246 9,702 11,855 13,033 +9.5% Secondary Reserves 34,395 47,214 43,334 35,562 41,876 +21.7% Loans & Financing 102,232 105,139 110,24
Slide 13: Key Ratios
Key Ratios Bank Only Key Ratios (%) 4Q21 1Q22 2Q22 3Q22 4Q22 YoY Return on Assets/ROA (Net) 1.4 1.5 1.5 1.5 1.4 0.0 Return on Equity/ROE (Net) 15.8 16.3 17.1 16.9 15.5 -0.3 Cost to Income Ratio/CIR 67.0 64.1 66.2 66.8 70.0 +3.0 Profitability Expenses Ratio/BOPO 81.9 79.0 78.4 78.7 80.4 -1.6 Net Inte
Slide 14: Guidance
Guidance 2023 2022 (%) 4Q21 1Q22 2Q22 3Q22 4Q22 Guidance Guidance Loans Growth 12.0 ± 1.0 9 - 11 7.1 8.2 12.9 11.6 13.1 Loan to Deposit Ratio ≤ 90.0 - 81.7 79.2 80.2 88.2 85.0 NIM 4.75 ± 0.25 5.4 - 5.7 5.8 5.7 5.7 5.8 5.9 Cost of Fund 4.5 ± 0.25 3.0 - 3.5 3.6 3.0 3.0 3.0 3.2 Coverage Ratio 125 ± 5 1
Slide 15: Yield Analysis
Yield Analysis Asset Yield Asset Yield Distribution 4Q21 1Q22 2Q22 3Q22 4Q22 (%) Others Placement 1.5% to BI Interbank Placement to Bank Indonesia 2.0 2.5 2.5 2.8 3.0 3.4% Placement 2.2% Interbank Placement 6.8 1.1 1.0 0.9 5.2 Securities 5.1 4.0 4.5 4.6 5.2 Loans Yield 11.5 11.0 10.9 10.8 10.8 Loans
Slide 16: Bank Only Details
4Q 2022 Performance Bank Only Details 16
Slide 17: Loans Segmentation
Loans Segmentation Consumer & Business Segment Consumer Segment CONSUMER LOAN Retired ~ 60 yo Hired Active Period Retirement Period Max Age Market Penetration 25-30 yo 75 yo Multipurposes Loan Pensioners Loan Number of Civil Servant in West Java & Number of Pensioners Whose Their Banten (Permanent &
Slide 18: Loans Breakdown
Loans Breakdown Loans Outstanding Consumer Mortgage Corporate Commercial Micro % SML % NPL (Rp Tr) (%) Segment (Rp bn) 4Q21 4Q22 YoY (%) 120 5 6.6 7.0 Consumer 61,916 65,163 +5.2% 100 6.2 6.5 9.6 10.1 4 Consumer 6.0 6.0 8.3 6.1 5.9 5.8 8.2 7.5 7.0 Segment 80 5.5 6.3 6.7 16.4 16.4 16.5 Mortgage 7,772
Slide 19: Loans Disbursement & Run Off
Loans Breakdown Loans Disbursement & Run Off Loan Movement (Rp bn, YoY) Loan Movement (Rp bn, QoQ) 4Q21 – 4Q22 3Q22 – 4Q22 Micro; 2,356 Write Off Breakdown Write Off Breakdown Consumer Micro Consumer Micro Corporate & Commercial Mortgage Corporate & Commercial Mortgage Corporate & Commercial; 11.6%
Slide 20: Consumer Loans
Consumer Loans Bank Only Multipurposes Pre-Pensioners Pensioners % SML % NPL YoY Key Indicators 4Q21 4Q22 (Rp Tr) (%) (%) 70 5 Loans Outstanding 61,916 65,163 +5.2% (Rp bn) 60 8.5 8.8 7.9 8.2 6.8 7.0 7.3 7.6 Net Expansion 6.4 4 2,021 3,246 +60.6% YtD (Rp bn) 50 11.6 11.6 11.3 11.5 11.5 Avg. Loans Ou
Slide 21: Mortgage Loans
Mortgage Loans Bank Only FLPP KPR Primary Others % SML % NPL YoY Key Indicators 4Q21 4Q22 (Rp Tr) (%) (%) 10 10 Loans Outstanding 7,772 9,210 +18.5% 9 9 (Rp bn) Net Expansion 8 8 966 1,438 +48.9% 2.8 YtD (Rp bn) 2.8 7 2.8 7 Avg. Loans Outstanding 2.8 207 201 -2.9% 2.8 (Rp mn) 6 2.8 6 2.9 2.9 2.9 No
Slide 22: Corporate Loans
Corporate Loans Bank Only Corporate Loans % SML % NPL (Rp Tr) YoY 18 (%) 10 Key Indicators 4Q21 4Q22 (%) 16 9 Loans Outstanding 12,253 16,521 +34.8% (Rp bn) 8 14 Net Expansion 1,450 4,268 +194.3% 7 YtD (Rp bn) 12 6 Avg. Loans Outstanding 28 26 -7.1% 10 (Rp mn) 5 8 16.4 16.4 16.5 No of Account 433 63
Slide 23: Commercial Loans
Commercial Loans Bank Only Commercial Loans % SML % NPL YoY Key Indicators 4Q21 4Q22 (Rp Tr) (%) (%) 12 15 Loans Outstanding 14 7,487 10,125 +35.2% (Rp bn) 13 10 Net Expansion 12 2,035 2,638 +29.6% YtD (Rp bn) 11 Avg. Loans Outstanding 8 10 1,457 1,627 +11.7% (Rp mn) 9 8 No of Account 5,140 6,224 +2
Slide 24: Micro Loans
Micro Loans Bank Only Reguler Program Linkage % SML % NPL YoY Key Indicators 4Q21 4Q22 (Rp Tr) (%) (%) 8 5 Loans Outstanding 6,015 6,975 +16.0% (Rp bn) 7 Net Expansion 4 (125) 960 +968.0% YtD (Rp bn) 6 3.0 Avg. Loans Outstanding 153 79 -48.3% 2.8 (Rp mn) 5 2.9 2.8 3 3.1 2.9 3.5 3.2 3.1 No of Account
Slide 25: Special Mention Loans
Special Mention Loans Consumer Mortgage Corporate & Commercial Micro % SML Consumer Mortgage Corporate & Commercial Micro (Rp Tr) (%) 3,000 5 100% 5% 5% 5% 4% 3% 4% 6% 6% 7% 109 135 22% 19% 2,500 93 4 80% 31% 32% 36% 38% 32% 34% 39% 126 871 160 68 2,000 103 927 121 956 25% 3 60% 28% 84 395 731 656 7
Slide 26: Non Performing Loans
Non Performing Loans Consumer Mortgage Corporate & Commercial Micro % NPL Consumer Mortgage Corporate & Commercial Micro (Rp Tr) (%) 1,400 5 100% 12% 11% 11% 11% 11% 10% 10% 9% 10% 1,200 140 121 143 131 135 125 112 4 80% 115 104 1,000 58% 58% 57% 3 60% 59% 58% 59% 58% 60% 61% 800 737 761 732 721 688
Slide 27: Restructured Loans
Restructured Loans Consumer Mortgage Corporate & Commercial Micro Consumer Mortgage Corporate & Commercial Micro % to Loan 100% (%) 15% 14% 13% (Rp Tr) 21% 21% 16% 5,000 10 22% 34% 32% 80% 4,500 60% 735 692 653 25% 604 22% 47% 49% 50% 61% 63% 64% 65% 4,000 8 40% 30% 30% 3,500 861 821 781 20% 22% 22%
Slide 28: Deposit Breakdown
Deposit Breakdown Bank Only Current Account Saving Account Time Deposit (Rp Tr) Deposits Breakdown YoY 4Q21 4Q22 140 (Rp bn) (%) 120 Current Account 26,009 24,762 -4.8% 34.0 24.8 27.7 31.6 100 26.0 33.5 25.0 19.2 27.5 Saving Account 24,685 26,548 +7.5% 80 26.5 21.4 22.6 24.2 22.3 24.7 22.3 23.1 19.2
Slide 29: Capital Adequacy
Capital Adequacy Risk Weighted YoY 4Q21 4Q22 •Total Capital Rp 16.9 tr (+Rp 2.3 Tr YoY) Asset (RWA) (%) Total RWA 82,558 88,393 +7.1% • Total CAR at 19.2% (+127 bps YoY) Credit Risk 62,831 70,124 +11.6% Addition to Net Impact to RWA/ CAR Analysis Risk Weighting CAR Operational Risk 13,518 14,787 +9.
Slide 30: Consumer Segment Details
4Q 2022 Performance Consumer Segment Details 30
Slide 31: Multipurposes Loans
Multipurposes Loans Multipurposes % SML % NPL YoY Key Indicators 4Q21 4Q22 (Rp Tr) (%) (%) 46 5 Loans Outstanding 42,968 44,721 +4.1% 45 44.7 44.3 Net Expansion 44 43.6 4 433 1,753 +304.5% YtD (Rp bn) 43.2 42.9 43.0 42.8 43 42.5 42.6 Avg. Loans Outstanding 112 111 -1.6% (Rp mn) 42 3 No of Account 38
Slide 32: Pre-Pensioner Loans
Pre-Pensioner Loans Pre-Pensioners % SML % NPL YoY Key Indicators 4Q21 4Q22 (Rp Tr) (%) (%) 13 5 Loans Outstanding 11,324 11,639 +2.8% 12 11.6 11.5 11.5 11.6 11.3 11.2 10.9 11.0 10.9 Net Expansion 11 4 399 315 -21.0% YtD (Rp bn) 10 Avg. Loans Outstanding 165 167 +1.1% (Rp mn) 9 3 No of Account 68,72
Slide 33: Pensioner Loans
Pensioner Loans Pensioners % SML % NPL YoY Key Indicators 4Q21 4Q22 (Rp Tr) (%) (%) 10 5 8.8 Loans Outstanding 7,624 8,802 +15.5% 9 8.5 8.2 7.9 Net Expansion 8 7.6 4 1,189 1,178 -0.9% 7.3 YtD (Rp bn) 7.0 7 6.8 Avg. Loans Outstanding 6.4 121 119 -1.7% (Rp mn) 6 3 No of Account 63,032 74,017 +17.4% 5
Slide 34: bank bjb Sharia Performance
4Q 2022 Performance bank bjb Sharia Performance 34
Slide 35: Result Summary: bank bjb Sharia
Result Summary bank bjb Sharia • Net Financing Income at Rp 538.5 bn (+16.3% YoY) Income • PPOP at Rp 131.2 bn (-1.4% YoY) Statement • Net Income at Rp 101.7 bn (+364.5% YoY) • Total Financing at Rp 7.4 tr (+15.5% YoY) Balance Sheet • Total Deposits at Rp 9.1 tr (+15.7% YoY) • Total Asset at Rp 12.4
Slide 36: Income Statement: bank bjb Sharia
Income Statement bank bjb Sharia Income Statement YoY 4Q21 4Q22 (Rp mn) (%) Financing Income 720,735 772,527 +7.2% Financing Expense 257,492 233,998 -9.1% Net Financing Income 463,243 538,529 +16.3% Other Operating Income 47,553 44,799 -5.8% Operating Expense 377,739 452,085 +19.7% PPOP 133,057 131,
Slide 37: Balance Sheet: bank bjb Sharia
Balance Sheet bank bjb Sharia BS highlight YoY 4Q21 4Q22 (Rp Mn) (%) Cash 55,606 44,891 -19.3% Current Account with Bank Indonesia 276,909 574,742 +107.6% Secondary Reserves 3,190,196 3,996,717 +25.3% Financing-net 6,289,521 7,255,182 +15.4% Fixed Asset-net 301,711 311,515 +3.2% Other Asset 244,906
Slide 38: Key Ratios: bank bjb Sharia
Key Ratios bank bjb Sharia Sharia 4Q21 4Q22 YoY (%) CAR 23.5 22.1 -1.4 NPF Gross 3.4 2.9 -0.5 NPF Nett 1.8 1.4 -0.4 ROA 1.0 1.1 +0.2 ROE 2.1 8.7 +6.6 BOPO 88.7 84.9 -3.8 FDR 81.5 81.0 -0.6 NIM 5.6 5.5 -0.1 38
Slide 39: Financing and Funding Breakdown
Financing and Funding Breakdown bank bjb Sharia Financing YoY 4Q21 4Q22 (Rp mn) (%) Murabahah 4,076,138 4,571,829 +12.2% Qardh 142,188 107,729 -24.2% Financing 2,199,567 2,735,746 +24.4% Istishna 976 604 -38.1% Total Gross Financing 6,418,869 7,415,908 +15.5% Funding YoY 4Q21 4Q22 (Rp mn) (%) Wadiah
Slide 40: Company Profile
EA bank bjb Company Profile 40
Slide 41: Board of Commissioners
Board of Commissioners From Left to Right Diding Sakri Muhadi Farid Rahman Fahlino F. Sjuib Setiawan Independent Commissioner Independent Independent Wangsaatmaja Commissioner President Commissioner Commissioner Commissioner Last Position Last Position Last Position Last Position Last Position Resea
Slide 42: Directors
Directors From Left to Right Tedi Setiawan Rio Lanasier Nancy Adistyasari Yuddy Renaldi Suartini Nia Kania Cecep Trisna Director of Director of IT, Treasury Director of President Director of Director of Director of Operations & International Banking Commercial & MSME Director Consumer & Retail Finan
Slide 43: Network Distribution
Network Distribution North East Kalimantan Sumatera bjb Network 4Q21 4Q22 YoY Riau Office Channels 963 937 -26 Riau Island Branch 65 65 - South Sub Branch 874 836 -38 Sumatera bjb Priority 18 18 - Jakarta MSME Center 6 6 - South West Java Kalimantan Central East Mobile Cash - 12 - Lampung Java Java
Slide 44: Human Capital
Human Capital Educational Breakdown Level 4Q21 4Q22 YoY Board of Commissioners 3 5 +2 Directors 7 7 - Master of Doctorare Top Management 35 33 -2 10% Senior Management 161 182 +21 Up to Bachelor Degree Middle Management 638 656 +18 90% First Line Management 1,596 1,677 +81 Age Breakdown Staff 5,103
Slide 45: Shares and Ratings Information
Shares and Ratings Information Shares Outstanding shares as of 31 December 2022 : 10,521,443,686 shares ------------------------------------------------------------------------------------------------------------------------------------------------ Shares-Related Corporate Action - Right Issue I (Ma
Slide 46: 2022 Awards
2022 Awards Total 92 Awards Infobank for The Financial TOP 50 Big Capitalization Public Top GRC Awards 2022 Performance With Predicate Listed Company 13th IICD # 4 STARS Excellent During 2002-2021 Indonesia Institute for Corporate Directorship TOP Business Infobank (IICD) Indonesia Inovation Indones
Slide 47: Contact Information Investor Relations
Contact Information Contact Person Investor Relations Gekan Purnama Zainal Menara bank bjb 7th Floor IR Head Jl. Naripan 12 – 14 gzainal@bankbjb.co.id Bandung 40111 Dandelina Rifyandini +622 4234868 IR Manager ir@bankbjb.co.id drifyandini@bankbjb.co.id Disclaimer : This report has been prepared by P
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