Commercial International Bank - Egypt (cib) S.a.e. · EGX:COMI
Commercial International Bank - Egypt (cib) S.a.e — Commercial International Bank (Egypt) S.A.E. (CIB) — Q2 2021 Earnings Presentation
36 slides from Commercial International Bank - Egypt (cib) S.a.e's earnings presentation, 2021
Slide 1: Investor Relations Presentation 2Q2021
INVESTOR RELATIONS PRESENTATION 2Q2021
Slide 2: Table of Contents
TABLE OF CONTENTS Overview …… 3 About CIB …… 10 Financial Review …… 29 Conclusion …… 34
Slide 3: Disclaimer
Overview | About CIB | Financial Review | Conclusion Disclaimer By attending the meeting where this presentation is made or distributed, or by reading the presentation slides, you agree with the following limitations: • The information in this presentation may contain future projections and forward‐
Slide 4: Egypt's Fact Sheet
Overview | About CIB | Financial Review | Conclusion Egypt’s Fact Sheet Country Profile Name Arab Republic of Egypt Capital Cairo Currency Egyptian Pound (EGP) Total area c.1,002,000 sqm.km Inhibited area 7.88% of total area Governorates 29 Demographics Population 102.06 mn² Median age 24.1²* Labor
Slide 5: Macro-Environment and Real Sector
Overview | About CIB | Financial Review | Conclusion Macro-Environment and Real Sector Real GDP Growth* (%) Inflation (%) 7.8% Reform-led boom Global financial 6.4% 5.9% crisis 7.1% 7.2% Post-uprising 4.9% turmoil 14.1% 2.4% 2.7% 4.0% 3.8% 2.5% 3.9% 3.6% 3.7% 3.7% 3.3% 3.4% 5.3% 2.6% 1.9% 1.9% 3.3%
Slide 6: Inflows
Overview | About CIB | Financial Review | Conclusion Inflows Foreign Inflows (USD mn) Petroleum and Suez Canal Proceeds (USD mn) 31,043 5,362 5,707 5,731 5,806 5,795 5,122 4,945 26,393 27,758 25,151 21,816 8 12,571 9,804 9,859 (421) (108) 7,933 7,720 8,236 7,453 6,715 4,380 3,576 (3,474) (3,619) (3,
Slide 7: Egypt's Banking Sector
Overview | About CIB | Financial Review | Conclusion Egypt’s Banking Sector Total loans (EGP bn) Total deposits (EGP bn) LDR (%) 5,554 2,676 4,701 49% 47% 46% 48% 2,180 46% 44% 45% 46% 4,007 41% 41% 1,840 3,570 1,619 3,043 1,418 2,123 937 1,740 503 545 584 714 1,027 1,191 1,434 11/12 12/13 13/14 14/
Slide 8: Egypt's Banking Sector (Cont'd)
Overview | About CIB | Financial Review | Conclusion Egypt’s Banking Sector (Cont’d) Total # of branches Total # of ATMs Total # of POS Mar-21 4,556 Dec-20 14,918 Dec… 149,159 Dec-20 4,532 19/20 14,152 19/20 98,049 19/20 4,451 18/19 12,656 18/19 79,952 17/18 4,155 17/18 11,754 17/18 72,503 16/17 4,0
Slide 9: Why Egypt?
Overview | About CIB | Financial Review | Conclusion Why Egypt? Economic Environment Attracts Investments Among the most diverse in the MENA region Approved IMF Loan signaling a tremendous confidence boost in Egypt's ability to release its Middle East’s largest private medical city economic potentia
Slide 10: CIB's Shareholders
Overview | About CIB | Financial Review | Conclusion CIB’s Shareholders 19 NBE (51%) and Chase 19 Commercial International 20 Consortium led by 20 Actis 20 Fairfax Financial 75 Manhattan Bank (49%) 87 Bank (CIB) 06 Ripplewood 09 14 Holdings* Following Chase • Actis Sold 2.6% in open Chase National M
Slide 11: CIB's Key Milestones
Overview | About CIB | Financial Review | Conclusion CIB’s Key Milestones Selected by the 1st bank to connect • Concludes 1st & • 1st Egyptian bank to IATA to act as the with the largest Euro register on NYSE; BSP agent in international syndicated loan ADR Level 1 Egypt, and remains SWIFT network (U
Slide 12: CIB's Key Milestones (Cont'd)
Overview | About CIB | Financial Review | Conclusion CIB’s Key Milestones (Cont’d) • For the 1st time in the Middle • 1st Arab and African 1st Egyptian bank to • 1st bank in Egypt to East and Africa, CIB was company listed on 2019 establish a recognize conduct awarded “World’s Best Bank Bloomberg Ge
Slide 13: CIB's Subsidiaries & Associates
Overview | About CIB | Financial Review | Conclusion CIB’s Subsidiaries & Associates: Subsidiaries: Ownership Ownership 99.9% 51% Established in 2018, CVentures is Egypt’s first corporate Mayfair CIB Bank Limited is a Kenyan banking institution venture capital firm focused primarily on investing in
Slide 14: CIB's Subsidiaries & Associates Cont'd
Overview | About CIB | Financial Review | Conclusion CIB’s Subsidiaries & Associates Cont’d: Associates: Ownership Ownership 39.34% 30% Established in October 1996 as a joint stock company, ACE has a long track record in the field of trading and Profile: Offers a full suite of security services; mai
Slide 15: Our Presence In Egypt
Overview | About CIB | Financial Review | Conclusion Our Presence In Egypt CIB’s footprint Distribution Network Digital Banking 3,970,635 Website Visits Total Branches and Units: 209 2,810,591 Call Center Calls Cairo: 121 903,083 Smart Wallet Users Alexandria: 30 926,913 Internet Banking Users 1,125
Slide 16: Our Strategy
Overview | About CIB | Financial Review | Conclusion Our Strategy Today Tomorrow Financial Quality loan growth, • Positioned as trade finance hub for Egypt & Africa Deposit growth, with focus on Transactional banking • Focus on SMEs & underpenetrated retail banking segment Performance increasing pro
Slide 17: CIB's Digital Transformation Highlights
Overview | About CIB | Financial Review | Conclusion CIB’s Digital Transformation Highlights Since the launch of CIB’s digital transformation strategy, significant progress has been made on all three fronts. Today, CIB is ideally positioned to continue building on its current framework to drive full
Slide 18: CIB's Latest Digital Initiatives
Overview | About CIB | Financial Review | Conclusion CIB’s Latest Digital Initiatives Chatbot QR Code Smart Pay 2019 was the introduction of “Zaki the Bot”; QR Code is a new payment method which Smart Pay is a merchant payments service the virtual assistant who uses artificial provides a secure and
Slide 19: CIB's Presence in Africa
Overview | About CIB | Financial Review | Conclusion CIB’s Presence in Africa CIB foresees tremendous growth across the continent and is working towards increased collaboration among African countries, financial institutions and individuals to expand markets and to bolster trade World Economic Forum
Slide 20: Lines of Business and Credit Rating
Overview | About CIB | Financial Review | Conclusion Lines of Business and Credit Rating Profile Institutional Banking Consumer Banking • Market leader • The take-off for a world class consumer banking Profile • Prime contributor to profitability franchise • Large and medium-size corporates (MNCs, i
Slide 21: Business Banking
Overview | About CIB | Financial Review | Conclusion Business Banking Covers all sectors and industries through over 70 highly trained Relationship Serves SMEs through a comprehensive range of financial solutions Managers across Egypt 2010 2011 2013 2015 2016 2017 2018 2019 2020 2021 Pilot launch Fo
Slide 22: Our Stock in a Nutshell
Overview | About CIB | Financial Review | Conclusion Our Stock in a Nutshell STOCK EXCHANGES TICKER SHARE INFORMATION 52 WEEKS PERFORMANCE Listed Egyptian Exchange (EGX) COMI Shares outstanding 1,477,681,340 High EGP 68.99 Par value EGP 10.00 Low EGP 48.7 Listed London Stock Exchange (LSE) CBKD GDR
Slide 23: ESG in CIB
Overview | About CIB | Financial Review | Conclusion ESG in CIB Environmental Social Governance CIB promotes and applies green concepts and CIB strives to create a positive impact on the local CIB endeavors to apply international best practices in activities to reduce harm on the environment and com
Slide 24: Corporate Governance
Overview | About CIB | Financial Review | Conclusion Corporate Governance Commitment to Sound Corporate Governance Practices Continues to Define CIB This commitment is supported by several mandates: The Board’s main responsibilities include: Internal policies, risk controls, and manuals have been pu
Slide 25: Board of Directors
Overview | About CIB | Financial Review | Conclusion Board of Directors The Board enjoys significant diversity, leadership, skills, operating experience and professionalism in a broad set of industries Complying with best international practices, an independent Lead Director is appointed The Board a
Slide 26: Business Continuity & Resilience Management
Overview | About CIB | Financial Review | Conclusion Business Continuity & Resilience Management Initiatives Pioneer in implementing international standards and best practices; established in 2010; ahead of all major players in the market CIB continues to invest in further improving its business con
Slide 27: Response to COVID-19
Overview | About CIB | Financial Review | Conclusion Response to COVID-19 Work from Home Arrangements • Laptops, VPN, and Secured email access on mobile phones have been arranged for different bank departments Internal & External Communication • “Bank Safely” A dedicated page on the public website c
Slide 28: Cyber & Information Security
Overview | About CIB | Financial Review | Conclusion Cyber & Information Security Initiatives Security is a major area of focus for CIB Strong Security Governance & policies aligned with International Standards and Best Practices CIB continues to invest in further improving its Cyber & Information S
Slide 29: Awards and Recognition
Overview | About CIB | Financial Review | Conclusion Awards and Recognition 2021 Best Treasury & Cash Best Trade Finance Management Providers Best Bank in Egypt – Provider in Egypt – Global Finance in Egypt - by Global Global Finance Finance Best Transaction Best Bank for Payment Best Bank for Cash
Slide 30: Performance Snapshot: 1Q21
Overview | About CIB | Financial Review | Conclusion Performance Snapshot: 1Q21 Key Indicators 2Q21 Comparison Commentary REVENUES EGP 6.36bn EGP 6.23bn; 2Q20 2% YoY Profitability NPAT EGP 3.22bn EGP 2.6bn; 2Q20 24%YoY ROAE 21% 21.1%; 2Q20 0% YoY ROAA 2.81% 2.66%; 2Q20 6% YoY Efficiency NIM** 5.62%
Slide 31: Position Among Peers
Overview | About CIB | Financial Review | Conclusion Position Among Peers Total Assets (EGP bn) Net Income (EGP mn) Gross Loans/Deposits CAE 55 CAE 373 CIB 37.9% ALEX 104 ALEX 539 HSBC 44.3% HSBC 116 HSBC 817 ALEX 57.6% QNBA 300 QNBA 1,815 CAE 61.6% CIB 446 CIB 2,876 QNBA 70.7% ROAE ROAA Deposits Ma
Slide 32: Performance Snapshot: Funding Overview
Overview | About CIB | Financial Review | Conclusion Performance Snapshot: Funding Overview Funding Structure Due to Customers (95.12%) Other Liabilities (1.82%) Due to Banks (0.32%) Other Term Loans (1.39%) Customer Deposit Mix Demand (31.53%) CDs (26.4%) Savings (20.75%) TDs (21.31%) CIB’s funding
Slide 33: Market Share
Overview | About CIB | Financial Review | Conclusion Market Share 8.4% 8.6% 8.4% 8.5% 8.3% 8.4% 8.4% 8.4% 8.1% 8.1% 8.1% 8.0% 7.8% 7.7% 7.5% 7.63% 8.2% 8.2% 7.5% 7.47% 7.46% 7.41% 8.2% 7.3% 7.9% 7.9% 8.0% 7.9% 7.19% 7.00% 7.6% 6.78% 7.2% 7.4% 7.3% 7.4% 6.56% 6.54% 6.49% 6.62% 6.67% 7.0% 7.2% 7.1% 7.
Slide 34: 10-Year Performance Summary
Overview | About CIB | Financial Review | Conclusion 10-Year Performance Summary 3.26% 56% 57% 450,000 3.03% 3.50% 400 53% 60% 2.89% 2.93% 2.94% 2.95% 400,000 2.71% 2.69% 3.00% 350 2.51% 2.53% 43% 50% 350,000 40% 386,742 2.03% 300 37% 37% 37% 39% 2.50% 35% 35% 40% 342,461 300,000 427,842 143,813 250
Slide 35: Why CIB?
Overview | About CIB | Financial Review | Conclusion Why CIB? Profitability NPAT EGP 3,215mn Revenues EGP 6,360mn Tremendously Highly qualified Among the best skilled and Board of Directors Investor Relations experienced teams Asset Quality Management Team Direct Coverage Ratio NPL/Gross loans 5.69%
Slide 36: Thank You!
Overview | About CIB | Financial Review | Conclusion Thank You! For more information, please visit our website; www.cibeg.com To read about the projects that the CIB Foundation has helped support, and to know ways in which you can donate, please visit www.cibfoundationegypt.org Investor Relations co
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