Pt Bank Permata Tbk Class A · IDX:BNLI
Pt Bank Permata Tbk Class A — FY2024 Earnings Presentation
52 slides from Pt Bank Permata Tbk Class A's earnings presentation, Mar 7, 2025
Slide 1: Public Expose PT Bank Permata Tbk FY 2024 Performance
Public Expose PT Bank Permata Tbk FY 2024 Performance Presentation 7 March 2025
Slide 2: Disclaimer
Disclaimer This report has been prepared by PT Bank Permata Tbk independently and is circulated for the purpose of general information only. It is not intended to the specific person who may receive this report. The information in this report has been obtained from sources which we deem reliable. No
Slide 3: Table of Contents
Table of Contents 02 | Disclaimer 19 | Full Year 2024 Financial Performance 20 Strong Revenue Structure and Sustainable Profit 04 | Management Highlights 21 More Efficient Business Process and Well-Maintained Performance 05 Permata Bank Highlights 22 Consistently Applying Balance Sheet Optimization
Slide 4: Management Highlights
© Permata Bank Management Highlights
Slide 5: Permata Bank Highlights
Permata Bank Highlights As part of Bangkok Bank with more than 300 overseas branches in 9 ASEAN countries and 800 branches in Thailand Permata Bank’s Footprint Key Financial Highlights Cities Presence Network Offices* Total Assets Total Loans 82 242 Rp 259 Tn Rp 155 Tn 0.6% 8.9% ATMs Indomaret Chann
Slide 6: Strategy Framework
Strategy Framework To become a Bank of Choice that will be among Ambition the BEST preferred and sustainably profitable banks with prudent growth in Indonesia 1 2 3 Be the preferred Be the Market 3 Strategic Create the leading ecosystem partner Leading on customer Priorities Deposit and Wealth to bu
Slide 7: Permata Bank's Journey
Permata Bank’s Journey The Milestones May 2020 October 2020 December 2020 July 2021 August 2024 September 2024 2025 - Forward Bangkok Bank Bangkok Bank Bangkok Bank Bangkok Bank fully Bangkok Bank Permata Bank Permata Bank acquired 89.12% completed Indonesia Branch participated in the fulfilled IDX
Slide 8: Permata Bank Rebranding
Permata Bank Rebranding Strategic Alignment Stronger Identity Growing Together As part of Bangkok Bank, Permata Bank Permata Bank introduces a new logo that With aspiration and spirit of “Growing aligns its strategies and business reflects its position and image to have Together” with customers and
Slide 9: Modernization in Banking Experience
Modernization in Banking Experience For All Generations Modernized Branch Re-imagined Branch Developments up to 2024 26 Existing Branches Renovated into Modernized Branches Queuing by Qmatic System Queue Notification via WA Thamrin Uluwatu Equity Tower Jakarta (Sep 2024) Badung (Sep 2024) Jakarta (O
Slide 10: Mobile Banking Permata ME
Mobile Banking Permata ME Permata Bank’s Latest & Newly Launched Mobile Banking Services Permata Feature Highlights ME Apply for any financial product online Earn Permata Poin from every transaction & redeem the points into vouchers or use it for QR payment Access exclusive rates on inter-account tr
Slide 11: New Permata eBusiness
New Permata eBusiness The Latest Corporate Portal for Banking Beyond Boundaries Instant notifications and Access real-time account New look Permata eBusiness movements transaction confirmations Feature Highlights New look to enhance client experience and engagement Comprehensive account holding info
Slide 12: Shareholder Composition
Shareholder Composition Fulfillment of Bangkok Bank’s Shares Refloating Obligation Shareholder (%) Bangkok Bank Public Company Limited 89.12% As of 31 Dec 2024 Public 10.88% On 23 August 2024, Bangkok Bank has effectively fulfilled the OJK Regulation No. 9/POJK.04/2018 concerning the “Takeover of Pu
Slide 13: Sustainability Strategy
Sustainability Strategy Priority Area of Sustainability 1 Sustainable Financing 5 Sustainable Procurement 2 Sustainable Product / Solutions 6 Sustainability Learning 3 Climate Change Related Risk 7 Diversity, Equity, and Inclusion (DEI) 4 Net Zero Emission (NZE) for Banking Operations 8 Green and So
Slide 14: 2025 Economic Outlook: Macro & Banking Industry
2025 Economic Outlook Macro & Banking Industry
Slide 15: Global Risks on Economy & Financial Market
Global Risks on Economy & Financial Market China’s ‘slower-for-longer’ economy Trump’s inward-looking policies Ongoing geopolitical conflicts, may affect Indonesia's external introduce further global uncertainty particularly in the Middle East, balance and stability, while also on US fiscal policies
Slide 16: Macro Highlights
Macro Highlights Economic Growth, % Manufacturing PMI & Retail Sales 5.0 5.0 5.1 5.2 5.0 5.3 5.0 5.0 4.9 Manufacturing PMI (LHS) Retail Sales Index (RHS) 56 300 3.7 54 218 218 220 250 200 52 52.2 150 50 50.9 51.2 100 48 50 -2.1 46 0 Sep-23 Sep-24 Dec-22 Mar-23 Dec-23 Mar-24 Dec-24 Jun-24 Jun-23 2021
Slide 17: Banking Industry
Banking Industry Loan Growth, %YoY Deposit Growth, % YoY Non Performing Loan, % 9.0 11.4 2.4 10.4 10.4 2.2 2.1 8.9% -1.5% 2.1% 4.5 3.7 Jun-24 Sep-24 Sep-23 Jun-23 Mar-23 Dec-22 Dec-23 Dec-24 Mar-24 Jun-23 Sep-23 Sep-24 Dec-22 Jun-24 Dec-23 Mar-23 Mar-24 Dec-24 Dec-23 Sep-24 Sep-23 Jun-24 Jun-23 Mar-
Slide 18: PIER's Economic and Market Forecast
PIER’s Economic and Market Forecast As of 28 February 2025 2024 1Q25F 2Q25F 3Q25F 4Q25F 2025F 2026F 2027F National Account Real GDP (% yoy) 5.03 5.12 5.10 5.11 5.10 5.11 5.21 5.28 Real Consumption: Private (% yoy) 4.94 5.02 5.00 5.02 5.00 5.01 5.12 5.17 Real Consumption: Government (% yoy) 6.61 3.97
Slide 19: Full Year 2024 Financial Performance
Full Year 2024 Financial Performance
Slide 20: Strong Revenue Structure and Sustainable Profit
Strong Revenue Structure and Sustainable Profit Total Revenue Profit After Tax – PAT (Rp trillion) (Rp trillion) 1.0% YOY 38.0% YOY 3.6 2.6 12.2 Total Revenue 1.3 12.0 0.8 0.7 0.8 1.9 Non-Interest Income 0.4 2.1 ↓5.0% YOY 4Q23 1Q24 2Q24 3Q24 4Q24 FY23 FY24 Pre-Provision Operating Profit Net Interest
Slide 21: More Efficient Business Process and Well-Maintained Performance
More Efficient Business Process and Well-Maintained Performance Net Interest Margin – NIM Return On Assets – ROA (%) (%) 13 bps YOY 48 bps YOY 4.5% 4.4% 4.3% 4.3% 4.3% 1.9% 1.7% 1.8% 1.6% 1.3% Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Loan to Deposit Ratio – LDR Cost to I
Slide 22: Consistently Applying Balance Sheet Optimization
Consistently Applying Balance Sheet Optimization Total TotalRevenue Assets Total Deposits (Rp trillion) (Rp trillion) 0.6% YOY 1.5% YOY 188.3 185.5 Total Deposits 257.4 259.1 55.3% 55.0% CASA Ratio (%) CASA 103.6 102.5 ↓1.0% YOY Time Deposits ↓2.1% YOY 84.7 83.0 Dec-23 Dec-24 Dec-23 Dec-24 PT Bank P
Slide 23: Growing Loan Disbursement with Diversified Portfolio
Growing Loan Disbursement with Diversified Portfolio Total Loans Loans Composition (Rp trillion) (%) 8.9% YOY 154.9 Total Loans 142.2 0.8 Others Conventional, 0.9 ↓2.9% YOY 83.1% 88.9 Corporate 79.1 ↑12.4% YOY As of 31 Dec 2024 Consumer Sharia, 42.9 44.7 ↑4.1% YOY 16.9% Commercial 19.3 20.5 ↑6.1% YO
Slide 24: Diversified Loan Portfolio (1)
Diversified Loan Portfolio (1) Corporate Loans Corporate Loans Corporate Loans Composition (Rp trillion) (%) Continue to deepen the potential of ecosystem partnerships and develop the best solutions to meet customers’ financing needs Term Loans Revolving 88.9 60.5% Loans 79.1 33.2% 3.1 2.6 2.5 3.0 A
Slide 25: Diversified Loan Portfolio (2)
Diversified Loan Portfolio (2) Commercial Loans Commercial Loans Commercial Loans Composition (Rp trillion) (%) Strengthen the potential of ecosystem partnerships and grow high quality credit Revolving Trade Loans Loans & 20.5 38.9% Dealer 19.3 Financing 4.0 4.0 As of 10.8% 2.2 31 Dec 2024 2.6 8.0 6
Slide 26: Diversified Loan Portfolio (3)
Diversified Loan Portfolio (3) Consumer Loans Consumer Loans Consumer Loans Composition (Rp trillion) (%) Mortgage as the main driver of Consumer loan, focus on primary market and strengthen partnership with main developers Joint Financing 10.6% 5.9 6.2 SME & As of EBB Mortgage 31 Dec 2024 14.0% 65.
Slide 27: Loan Diversification in Various Industrial Sectors
Loan Diversification in Various Industrial Sectors Loan Based on Industry Sector Growth Dec-24 Dec-23 Dec-24 (Rp trillion) YoY (%) Composition (%) Personal Loan for Housing and Automotive 37.9 39.3 3.7% 25.4% Manufacturing 24.8 30.2 21.7% 19.5% Wholesale & Retail Trading 15.7 14.0 -10.5% 9.0% Other
Slide 28: Credit Portfolio Quality Remains Sound with Prudent Provision Management
Credit Portfolio Quality Remains Sound with Prudent Provision Management Non-Performing Loan – Non-Performing Loan – Gross & Net NPL NPL Coverage Ratio 0.8% YOY (Gross NPL) Well-Maintained Above >300% 375.5% Net NPL 288.4% 0.4% 0.3% 1.9% 2.9% 1.0% 2.1% Cost of Credit* Gross NPL Dec-23 Dec-24 Dec-23
Slide 29: Well Maintained LAR and LAR Coverage
Well Maintained LAR and LAR Coverage Loan At Risk – Loan At Risk – LAR (Rp trillion) LAR Coverage Ratio (%) 1.8% YOY 3.0% YOY 97.1% 8.7% % LAR/Total Loan 7.9% 12.4 12.2 Total LAR NPL 4.1 3.2 ↓22.1% YOY 94.1% Col. 2 4.6 6.4 ↑37.0% YOY 3.7 Col. 1 Restructured 2.7 ↓28.0% YOY Dec-23 Dec-24 Dec-23 Dec-24
Slide 30: Manageable Third-Party Funds (Deposits)
Manageable Third-Party Funds (Deposits) Corporate Deposits Commercial Deposits (Rp trillion) (Rp trillion) 4.5% YOY 7.7% YOY 59.8 57.1 TD 21.6 20.1 ↓7.0% YOY 23.2 21.4 TD CASA 11.3 10.5 ↓7.1% YOY 38.2 37.0 ↓3.1% YOY 11.9 10.9 CASA Dec-23 Dec-24 Dec-23 Dec-24 ↓8.3% YOY Consumer Deposits Deposit Compo
Slide 31: Maintaining Strong Capital with Liquidity Ratio Well Above Minimum
Maintaining Strong Capital with Liquidity Ratio Well Above Minimum Requirement Liquidity Coverage Ratio – LCR Return On Equity – ROE (%) (%) 4.6% YOY 1.7% YOY 335.6% 340.2% 7.2% 5.5% Dec-23 Dec-24 Dec-23 Dec-24 Net Stable Funding Ratio – NSFR CAR, Tier-1 & CET-1 (%) (%) 9.8% YOY 35.3% 34.3% 34.7% 13
Slide 32: Strong Capital to Support Future Business Growth
Strong Capital to Support Future Business Growth Capital & CET-1 Total Cash Dividend (Rp trillion) (Rp billion) 66.7% YOY CET-1 25 35.4 37.4 40.1 ↑7.3% YOY 15 904.5 As the Controlling Shareholder of Total Capital Bank Permata, Bangkok Bank is 542.7 committed to providing full support 47.1 49.1 52.6
Slide 33: About Permata Bank
© Permata Bank About Permata Bank
Slide 34: Board of Commissioners
Board of Commissioners As of 1 January 2025 Chartsiri Sophonpanich Chong Toh President Commissioner Commissioner Education Education • Masters in Management from the Sloan School of Management, • Master of Science in Management from the Massachusetts Massachusetts Institute of Technology, United Sta
Slide 35: Board of Commissioners
Board of Commissioners As of 1 January 2025 Haryanto Sahari Goei Siauw Hong Independent Commissioner Independent Commissioner Education Education • Bachelor of Economics majoring in Accounting from the • Engineer majoring in Agronomy/Agricultural Cultivation from University of Indonesia the Bogor Ag
Slide 36: Board of Directors & Executive Officers (Chiefs)
Board of Directors & Executive Officers (Chiefs) As of 1 January 2025 Meliza Musa Rusli Abdy Dharma Salimin President Director Technology Director Education Education • Master of Business Administration from the University of • Bachelor of Commerce from the University of Toronto, Canada Melbourne, A
Slide 37: Board of Directors & Executive Officers (Chiefs)
Board of Directors & Executive Officers (Chiefs) As of 1 January 2025 Dayan Sadikin Setiatno Budiman People and Culture Director Risk Director Education Education • Master of Commerce (Advanced Specialization in Human • Master of Business Administration (MBA) from Oklahoma City Resources Management)
Slide 38: Board of Directors & Executive Officers (Chiefs)
Board of Directors & Executive Officers (Chiefs) As of 1 January 2025 Evi Hiswanto Nithawadee Limpodom Corporate Banking Director Chief of International Business Education Development & Advisory • Bachelor of Economics-Finance, University of Sydney, Education Australia • Master of Business Administr
Slide 39: Board of Directors & Executive Officers (Chiefs)
Board of Directors & Executive Officers (Chiefs) As of 1 January 2025 Dony Fabian Suratno Katharine Grace Chief of Internal Audit Chief of Corporate Affairs & Sustainability Education Education • Master of International Business from the Macquarie • Lex Legibus Magister (LL.M), Queen Mary University
Slide 40: Permata Bank At-a-Glance
Permata Bank At-a-Glance Year Established 1955 Business Segment Total Employee Listed at IDX Consumer Banking > 6,800 1990 Corporate Banking Commercial Banking Stock Code BNLI Shareholders Product & Service Total Customer Bangkok Bank - 89.12% Conventional > 6.2 Million Public – 10.88% Sharia Total
Slide 41: Innovation to Serve Customers Better
Innovation to Serve Customers Better Mobile electronic banking services Customer's business solution in The latest internet banking service The system that integrates that offer Customers access to making direct payments via mobile innovations for an easy and Customer's platform to be directly vario
Slide 42: Top Banks in Indonesia with National Banking Coverage
Top 10 Banks in Indonesia with National Banking Coverage 82 242* 827 20,000+ Latest Modernized Branch Launched Cities Presence Network Offices ATMs Indomaret Channels Sumatera 21 Kepulauan Riau 3 Kalimantan 10 Sulawesi 6 Conventional 18 Conventional 3 Conventional 8 Conventional 5 Sharia 3 Sharia 2
Slide 43: Newest Credit Card Product Launch
Newest Credit Card Product Launch Permata Ultimate Card Gateway to Explore The Exquisite Japanese Lifestyle Low Miles Conversion Rp5,000 retail 8x Complimentary Access to World’s Japanese Lifestyle-Theme Merchant Free Annual Fee for Priority Customers, dining transaction for 1 Airline Mile Best Airp
Slide 44: Newest Debit Card Feature Launch
Newest Debit Card Feature Launch Permata Global Card Free Conversion Rate to explore the world A combination of convenience and freedom in one card Global Card can be used with 11 Valid for all debit card transactions (cash Providing a cashless experience that is Perfect for travel enthusiasts, busi
Slide 45: Awards & Achievements (1)
Awards & Achievements (1) January – December 2024 7th Infobank Satisfaction, Loyalty, and Engagement Awards Asia- Pacific Stevie Awards 2024: Infobank Banking Service Excellence 2024 : 2024: • Innovation in Paid Media Planning & Management - • Top 4th Rank KBMI 3 Bank in Satisfaction, Loyalty, & Per
Slide 46: Awards & Achievements (2)
Awards & Achievements (2) January – December 2024 The 15th Indonesia HR Excellence Conference & Awarding 2024 • Excellent Predicate in the Learning & Development and Properti Indonesia Awards 15th IICD CG Conference and Awards FINASTRA Knowledge Management category (PIA) 2024 “Best Financial Sector”
Slide 47: Q4-2024 CSER Permata Hati Achievements
Q4-2024 CSER Permata Hati Achievements Since 2011, the Bank is committed to continuously contribute to community building 82 686 +8.5K +106K Strategic Partners Schools & Communities Student Scholarships Total Beneficiaries Continuous vocation class programs for Financial literacy program for element
Slide 48: Balance Sheet
Balance Sheet Dec-24 CAGR 5 in Rp trillion Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 YoY Years Cash 1.8 2.0 1.9 1.8 1.7 -5.4% -1.4% Placement with Bank Indonesia 23.2 38.2 52.6 29.7 18.7 -36.8% -5.2% Placement with Other Banks 3.7 9.0 4.8 5.3 5.3 -0.8% 9.4% Marketable Securities 46.6 56.4 55.1 70.5 70.4 -0
Slide 49: Income Statement
Income Statement FY 2024 CAGR 5 in Rp billion FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY Years Net Interest Income 6,809 7,975 9,122 9,996 10,223 2.3% 10.7% Non-Interest Income 2,329 2,543 1,896 2,050 1,949 -5.0% -4.4% Revenue 9,138 10,518 11,018 12,047 12,172 1.0% 7.4% Operating Expense (5,375) (5
Slide 50: Financial Ratios
Financial Ratios Dec-24 Financial Ratios (in %) Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 YoY (%) CET-1 ratio 26.9 26.7 25.7 26.9 26.4 -0.5 Total CAR 35.7 34.9 34.2 35.3 34.7 -0.6 Loan to Deposit Ratio (LDR) 78.7 69.0 68.9 74.8 82.7 7.9 CASA Ratio 51.2 54.0 58.0 55.0 55.3 0.3 ROA 1.0 0.7 1.1 1.3 1.8 0.5
Slide 51: Stock Information: Closing Stock Price
Stock Information Closing Price 29 December 2023 – 30 December 2024 IDX : BNLI 1,600 25,000,000 IDX : BNLI Dec-22 Dec-23 Sep-24 Dec-24 28-Mar-24, 975 1,400 30-Dec-24, 945 Price (Rp) 1,015 920 1,170 945 20,000,000 PBV (x) 1.0 0.8 1.0 0.8 Closing Stock Price (in Rp/Share) 1,200 28-Jun-24, 890 Trading
Slide 52: Thank You
Thank You PT Bank Permata Tbk Investor Relations Department World Trade Center II Jalan Jend. Sudirman Kav. 29-31 Jakarta 12920 - Indonesia Website: www.permatabank.com/id/tentang-kami/hubungan-investor Email: investor.relations@permatabank.co.id