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 — Q2 2023 Earnings Presentation
47 slides from Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk's earnings presentation, 2023
Slide 1: Corporate Presentation 2Q2023
CORPORATE PRESENTATION 2Q2023 PT Bank Pembangunan Daerah Jawa Barat dan Banten, Tbk (Regional Development Bank of West Java and Banten/BJBR) Please kindly scan to access the materials
Slide 2: Investment Proposition
Investment Proposition The Economic Potential of Pioneer of Regional The First Movers on West Java & Banten Development Bank (BPD) Synergy Sustainable Banking in Indonesia Indonesia’s 2nd Largest Economic Region (Combined) Indonesia’s Largest Regional Development Bank Strong Commitment to ESG Implem
Slide 3: The Economic Potential of West Java & Banten Region
The Economic Potential of West Java & Banten Region Indonesia’s 2nd Largest Economic Region (Combined) Economic Growth % Contribution to Indonesia’s GDP Population 1Q2023, BPS 1Q2023, BPS June 2023, BPS Indonesia West Java Banten Jakarta West Banten East Central Others West Java Banten Indonesia Jav
Slide 4: Pioneer of Regional Development Bank (BPD) Synergy
Pioneer of Regional Development Bank (BPD) Synergy Indonesia’s Largest Regional Development Bank Regional Development Bank Financial Performance Regional Development Bank Breakdown (27 BPD, SPI OJK as of 31 April 2023) Rp Trillion Market Share (%) Based on Total Assets (Bank Only, 31 April 2023) Tot
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 KUB Scheme KUB Progress Update The Difference Between bank bjb Syariah and BPD Bank Bengkulu Distribution Channel Current Ownership Structure Majority & Prov Bengkulu bank bjb Others Controlling Share
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 Digi Mobile as Omni Channels Quarterly Transaction Value Quarterly Transaction Volume 14 923 Provinces Office Channels 2 KUB Synergy Digi Mobile and ATM, Rp Trillio
Slide 7: Commitment for ESG Implementation: Sustainable Banking
Commitment for ESG Implementation Sustainable Banking Sustainable Portfolio Infrastructure Financing & Government Collaboration Rp. 15,1 Trillion bjb INDAH Financing for infrastructure projects, government-related procurement and government deficit cash flow. MSME Business Eco Friendly Commercial Se
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: Consolidated
2Q2023 Performance Consolidated 9
Slide 10: Key Takeaways
Key Takeaways Improving Quarterly Performance, but Challenges Still Remain Net Interest Income in 2Q23 has already grown Quarterly Net Income 3,490 386 362 positively by +3.4% QoQ, driven by the benign Rp Billion 3,427 Quarterly Quarterly growth of Interest Expense at +0.3% QoQ. Boosted Interest Inc
Slide 11: Financial Performance: 2Q2023 Result Summary
Financial Performance 2Q2023 Result Summary • Net Interest Income at Rp 3.46 tr (-15.7% YoY) Income • PPOP at Rp 1.31 bn (-23.1% YoY) Statement • LLP at Rp 190 bn (-2.1% YoY) • Net Income at Rp 909 bn (-24.1% YoY) • Total Loans at Rp 113.2 tr (+9.5% YoY) Balance • Total Financing at Rp 8.0 tr (+17.4
Slide 12: Income Statement
Income Statement Consolidated YoY Result QoQ Result Income Statement YoY YoY (Rp bn) (%) (Rp bn) 1H22 1H23 2Q22 1Q23 2Q23 QoQ (%) YoY (%) Interest Income 6,518 6,917 +6.1% +399 3,326 3,427 3,490 +1.8% +4.9% Interest Expense 2,421 3,462 +43.0% +1,040 1,246 1,728 1,734 +0.3% +39.2% Net Interest Income
Slide 13: Balance Sheet
Balance Sheet Consolidated Balance Sheet YoY 2Q22 3Q22 4Q22 1Q23 2Q23 (Rp bn) (%) Cash 2,641 2,475 3,300 2,944 2,883 +9.2% Current Account with Bank Indonesia 9,702 11,855 13,033 10,998 8,947 -7.8% Secondary Reserves 43,334 35,588 41,876 37,347 36,425 -15.9% Loans & Financing 110,242 113,406 115,756
Slide 14: Key Ratios
Key Ratios Bank Only Key Ratios (%) 2Q22 3Q22 4Q22 1Q23 2Q23 YoY Return on Assets/ROA (Net) 1.5 1.5 1.4 0.9 1.1 -0.4 Return on Equity/ROE (Net) 17.1 16.9 15.5 9.2 11.7 -5.5 Cost to Income Ratio/CIR 66.2 66.8 70.0 75.4 71.0 +4.8 Profitability Expenses Ratio/BOPO 78.4 78.7 80.4 87.8 85.0 +6.6 Net Inte
Slide 15: Yield Analysis
Yield Analysis 9 Bank Only Cost of Fund Breakdown Trend Asset Yield (%) 2Q22 3Q22 4Q22 1Q23 2Q23 8 7DRR Placement to BI 2.5 2.8 3.0 6.6 6.2 Cost of Fund Current Account Interbank Placement 1.0 0.9 1.0 1.1 1.2 7 6.9 Savings Account 6.8 6.7 Time Deposit Securities 4.5 4.6 5.2 5.1 5.3 6.5 Loans Yield 1
Slide 16: Guidance
Guidance Bank Only 2023 (%) 2Q22 3Q22 4Q22 1Q23 2Q23 Guidance Loans Growth 12.9 11.6 13.1 10.3 9.8 10.0 ± 1.0 Revised From 12.0 ± 1.0 Loan to Deposit Ratio 80.2 88.2 85.0 86.0 90.4 ≤ 92.0 Revised From ≤ 90.0 NIM 5.7 5.8 5.9 4.8 4.8 4.75 ± 0.25 Cost of Fund 3.0 3.0 3.2 4.3 4.3 4.5 ± 0.25 Coverage Rat
Slide 17: Bank Only Details
2Q2023 Performance Bank Only Details 17
Slide 18: Loans Segmentation
Loans Segmentation Consumptive & Productive Segment Consumptive Segment CONSUMER LOAN Retired ~ 60 yo Hired Active Period Retirement Period Max Age Market Penetration 25-30 yo 75 yo Multipurpose Loan Pensioners Loan Number of Civil Servant in West Java & Number of Pensioners Whose Their Banten (Perm
Slide 19: Loans Breakdown
Loans Breakdown Loans Outstanding Consumer Mortgage Corporate Commercial Micro % SML % NPL 120(Rp Tr) (%) 5 Segment (Rp bn) 2Q22 2Q23 YoY (%) 7.2 6.6 7.0 6.8 100 6.5 10.4 6.0 6.0 6.2 8.3 9.6 10.1 9.4 4 Consumer 63,375 66,898 +5.6% 5.8 7.5 7.0 18.8 Consumptive 6.7 8.2 16.4 16.5 16.5 80 12.3 14.4 16.4
Slide 20: Loans Movement
Loans Movement Loans Disbursement, Run Off & Write Off Loan Movement (Rp bn, YoY) Loan Movement (Rp bn, QoQ) 2Q22 – 2Q23 1Q23 – 2Q23 Write Off Breakdown Write Off Breakdown Micro; 2,532 Consumer Micro Consumer Micro Corporate & Commercial Mortgage Corporate & Commercial Mortgage Corporate & 1.1%7.3%
Slide 21: Consumer Loans
Consumer Loans Bank Only Multipurposes Pre-Pensioners Pensioners % SML % NPL YoY Key Indicators 2Q22 2Q23 (Rp Tr) (%) (%) 70 5 Loans Outstanding 63,375 66,898 +5.6% (Rp bn) 9.0 9.2 60 8.5 8.8 7.9 8.2 Net Expansion 7.0 7.3 7.6 1,459 1,735 +19.0% 4 YtD (Rp bn) 11.9 12.0 50 11.6 11.6 Avg. Loans Outstan
Slide 22: Mortgage Loans
Mortgage Loans Bank Only FLPP KPR Primary Others % SML % NPL YoY Key Indicators 2Q22 2Q23 (Rp Tr) (%) (%) 10 10 Loans Outstanding 9 9 8,461 9,807 +15.9% (Rp bn) 2.8 8 2.8 8 2.8 Net Expansion 2.8 689 597 -13.4% 2.8 YtD (Rp bn) 7 7 2.8 2.8 Avg. Loans Outstanding 2.8 6 6 203 198 -2.1% 2.9 (Rp mn) 5 3.6
Slide 23: Corporate Loans
Corporate Loans Bank Only Corporate Loans % SML % NPL YoY Key Indicators 2Q22 2Q23 (Rp Tr) (%) (%) 20 10 Loans Outstanding 18 9 16,435 18,818 +14.5% (Rp bn) 16 8 Net Expansion 4,182 2,298 -45.1% YtD (Rp bn) 14 7 Avg. Loans Outstanding 12 6 260,873 272,725 +4.5% (Rp mn) 10 5 18.8 No of Debtors 63 69
Slide 24: Commercial Loans
Commercial Loans Bank Only Commercial Loans % SML % NPL YoY Key Indicators 2Q22 2Q23 (Rp Tr) (%) (%) 12 15 Loans Outstanding 14 8,266 10,395 +25.7% (Rp bn) 13 10 Net Expansion 779 270 -65.4% 12 YtD (Rp bn) 11 Avg. Loans Outstanding 1,659 1,936 +16.7% 8 10 (Rp mn) 9 No of Account 4,983 5,368 +7.7% 8
Slide 25: Micro Loans
Micro Loans Bank Only Reguler Program Linkage % SML % NPL YoY Key Indicators 2Q22 2Q23 (Rp Tr) (%) (%) 8 5 Loans Outstanding 6,483 7,158 +10.4% 7 (Rp bn) 4 Net Expansion 6 468 183 -60.9% 2.8 YtD (Rp bn) 3.0 2.8 2.8 5 2.9 Avg. Loans Outstanding 2.8 3 106 61 -42.0% 3.1 2.9 (Rp mn) 3.1 4 No of Account
Slide 26: Special Mention Loans
Special Mention Loans Consumer Micro Corporate & Commercial Mortgage % SML Total SML Consumer Micro Corporate & Commercial Mortgage (Rp Tr) (%) 3,000 5 100% 2,760 2,682 2,608 21% 2,536 22% 22% 22% 2,508 27% 28% 27% 27% 27% 2,500 574 732 4 80% 2,250 2,223 578 2,113 560 2,038 668 2,000 608 618 470 32%
Slide 27: Non Performing Loans
Non Performing Loans Consumer Micro Corporate & Commercial Mortgage % NPL Total NPL Consumer Micro Corporate & Commercial Mortgage (Rp Tr) (%) 1,600 5 100% 1,378 20% 20% 20% 21% 19% 20% 20% 1,400 23% 22% 1,307 1,252 1,221 4 80% 1,197 1,188 271 1,200 1,166 1,135 1,135 256 236 275 259 237 232 1,000 22
Slide 28: Restructured Loans
Restructured Loans Consumer Micro Corporate & Commercial Mortgage % Loan Restruct Consumer Micro Corporate & Commercial Mortgage (Rp Tr) (%) 5,000 10 100% 4,625 4,655 4,602 4,668 4,551 18% 18% 18% 18% 18% 17% 4,484 22% 22% 23% 4,500 80% 844 788 854 825 812 4,000 3,878 3,851 801 8 3,801 60% 47% 49% 3
Slide 29: Deposit Breakdown
Deposit Breakdown Bank Only Current Account Saving Account Time Deposit Deposits Breakdown YoY (Rp Tr) 2Q22 2Q23 140 (Rp bn) (%) 120 Current Account 34,025 28,022 -17.6% 100 66.4 66.5 70.4 66.6 Saving Account 24,230 23,891 -1.4% 68.3 59.6 68.4 80 62.8 62.0 60 Time Deposit 66,477 68,358 +2.8% 24.2 23
Slide 30: Capital Adequacy
Capital Adequacy Risk Weighted YoY 2Q22 2Q23 •Total Capital Rp 16.9 tr (+Rp 682 bn YoY) Asset (RWA) (%) Total RWA 89,841 84,171 -6.3% • Total CAR at 20.1% (+202 bps YoY) Credit Risk 69,073 73,233 +6.0% Addition to Net Impact to RWA/ CAR Analysis Risk Weighting CAR Operational Risk 14,787 6,704 -54.7
Slide 31: Consumer Loan Details
2Q2023 Performance Consumer Loan Details 31
Slide 32: Multipurpose Loans
Multipurpose Loans Multipurposes % SML % NPL YoY Key Indicators 2Q22 2Q23 (Rp Tr) (%) (%) 46 5 45.7 Loans Outstanding 43,646 45,733 +4.8% 45.3 Net Expansion 45 4 678 1,011 +49.1% 44.7 YtD (Rp bn) Avg. Loans Outstanding 44.3 112 110 -2.1% (Rp mn) 44 3 43.6 No of Account 389,151 416,639 +7.1% 43.2 % P
Slide 33: Pre-Pensioner Loans
Pre-Pensioner Loans Pre-Pensioners % SML % NPL YoY Key Indicators 2Q22 2Q23 (Rp Tr) (%) (%) 13 5 Loans Outstanding 11,540 11,964 +3.7% 12.0 Net Expansion 12 11.9 4 217 325 +50.2% YtD (Rp bn) 11.6 11.6 11.5 11.5 11.3 Avg. Loans Outstanding 166 163 -1.7% 11.2 (Rp mn) 10.9 11 3 No of Account 69,423 73,
Slide 34: Pensioner Loans
Pensioner Loans Pensioners % SML % NPL YoY Key Indicators 2Q22 2Q23 (Rp Tr) (%) (%) 10 5 Loans Outstanding 8,189 9,201 +12.4% 9.2 9.0 Net Expansion 564 399 -29.3% 9 8.8 4 YtD (Rp bn) 8.5 Avg. Loans Outstanding 120 117 -3.0% 8.2 (Rp mn) 7.9 8 3 7.6 No of Account 68,144 78,961 +15.9% 7.3 7.0 % Portion
Slide 35: bank bjb Sharia Performance
2Q2023 Performance Syariah bank bjb Sharia Performance 35
Slide 36: Result Summary: bank bjb Sharia
Result Summary bank bjb Sharia Syariah • Net Financing Income at Rp 275 bn (+4.6% YoY) Income • PPOP at Rp 67 bn (-9.8% YoY) Statement • Net Income at Rp 25 bn (-46.9% YoY) • Total Financing at Rp 8.0 tr (+17.4% YoY) Balance • Total Deposits at Rp 8.7 tr (+6.2% YoY) Sheet • Total Asset at Rp 12.0 tr
Slide 37: Income Statement: bank bjb Sharia
Income Statement bank bjb Sharia Syariah Income Statement YoY 2Q22 2Q23 (Rp mn) (%) Financing Income 375,079 443,689 +18.3% Financing Expense 111,896 168,369 +50.5% Net Financing Income 263,183 275,320 +4.6% Other Operating Income 21,378 34,964 +63.6% Operating Expense 209,829 242,903 +15.8% PPOP 74
Slide 38: Balance Sheet: bank bjb Sharia
Balance Sheet bank bjb Sharia Syariah BS highlight YoY 2Q22 2Q23 (Rp Mn) (%) Cash 60,669 49,295 -18.7% Current Account with Bank Indonesia 310,349 564,145 +81.8% Secondary Reserves 3,286,181 2,922,902 -11.1% Financing-net 6,722,132 7,870,196 +17.1% Fixed Asset-net 298,465 315,879 +5.8% Other Asset 2
Slide 39: Key Ratios: bank bjb Sharia
Key Ratios bank bjb Sharia Syariah Sharia 2Q22 2Q23 YoY (%) CAR 22.1 20.3 -1.8 NPF Gross 3.3 4.2 +0.9 NPF Nett 1.8 2.4 +0.6 ROA 1.2 0.5 -0.6 ROE 8.2 4.0 -4.2 BOPO 84.8 93.3 +8.5 FDR 82.9 90.8 +7.9 NIM 5.5 5.1 -0.5 39
Slide 40: Financing and Funding Breakdown
Financing and Funding Breakdown bank bjb Sharia Syariah Financing YoY 2Q22 2Q23 (Rp mn) (%) Murabahah 4,258,769 4,778,287 +12.2% Qardh 115,391 104,012 -9.9% Financing 2,479,397 3,161,594 +27.5% Istishna 657 545 -17.0% Total Gross Financing 6,854,214 8,044,438 +17.4% Funding YoY 2Q22 2Q23 (Rp mn) (%)
Slide 41: Company Profile
Company Profile bank bjb 41
Slide 42: Management
Management Board of Commissioners Diding Sakri Muhadi Farid Rahman Fahlino F. Sjuib Setiawan Independent Commissioner Independent President Independent Wangsaatmaja Commissioner Commissioner Commissioner Commissioner Last Position Last Position Last Position Last Position Last Position Researcher, K
Slide 43: Network Distribution
Network Distribution North East Sumatera Kalimantan bjb Network 2Q22 2Q23 YoY Riau Office Channels 924 923 -1 Riau Island Branch 65 64 -1 South Sumatera Sub Branch 835 835 - LOI KUB Sept 2022 bjb Priority 18 18 - Jakarta Ownership 7,15% South West Java Kalimantan MSME Center 6 6 - Central East Lampu
Slide 44: Human Capital
Human Capital Age Breakdown Level 2Q22 2Q23 YoY By Person Board of Commissioners 3 5 +2 >50 178 (2.4%) Directors 7 7 - 40-50 733 (10.0%) Top Management 34 31 -3 30-40 4,741 (64.7%) Senior Management 172 179 +7 18-30 1,675 (22.9%) Middle Management 656 639 -17 Gender Diversity By Percentage First Lin
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: 2023 Awards
2023 Awards The Best Conventinoal Bank TOP BUMD 2023 Golden Awards TOP BUMD 2023 Best Bank 2023 The 1 Best Convinient Branch The Best Time Deposit The Best Internet Banking (KBMI 2) Corporate Brand Infobank Infobank Majalah Investor Experience Conventional Bank Conventinoal Bank for DIGI Net Infoban
Slide 47: Contact Information and Disclaimer
PT Bank Pembangunan Daerah Jawa Barat dan Banten, Tbk Disclaimer : This report has been prepared by PT Bank Pembangunan Daerah Jawa Barat & Banten, Tbk. (bank bjb) independently and is circulated for the purpose of general information only. It is not intended for the specific person who may receive
PT Bank Pembangunan Daerah Jawa Barat dan Banten — Q2 2023 Earnings Presentation on 6ix