PT Bank Maybank Indonesia Tbk Class A · IDX:BNII
PT Bank Maybank Indonesia Tbk Class A — Q1 2020 Earnings Presentation
32 slides from PT Bank Maybank Indonesia Tbk Class A's earnings presentation, May 2020
Slide 1: Maybank Indonesia Financial Results 1Q 2020
Humanising Financial Services Maybank Indonesia Financial Results 1Q 2020 ended 31 March 2020 www.maybank.co.id
Slide 2: Table of Contents
Table of Contents Executive Summary 2 Results Overview 4 Shariah Banking 14 Subsidiaries 17 Update on Covid-19 20 Appendix Maybank Indonesia in Brief 24 Awards, Events and CSR Highlights 29 Financial Results: 1Q 2020 ended 31 March 2020
Slide 3: Executive Summary of 1Q 2020
Executive Summary of 1Q 2020* • PATAMI improved by 29.7% YoY to Rp538 billion underpinned by improvement in non-interest income, 1 sustained strategic cost management and improvement in provisioning • Gross operating income grew by 2.7% to Rp2.6 trillion supported by 16.0% growth in fee income drive
Slide 4: Table of Contents
Table of Contents Executive Summary 2 Results Overview 4 Shariah Banking 14 Subsidiaries 17 Update on Covid-19 20 Appendix Maybank Indonesia in Brief 24 Awards, Events and CSR Highlights 29 Financial Results: 1Q 2020 ended 31 March 2020
Slide 5: Income Statement - Consolidated
Income Statement - Consolidated Rp billion 1Q 2020 1Q 2019 YoY 4Q 2019 QoQ Interest Income 3,554 3,849 -7.7% 3,675 -3.3% Interest Expense (1,530) (1,813) -15.6% (1,632) -6.2% Net Interest Income 2,024 2,037 -0.6% 2,043 -0.9% Non Interest Income 598 515 16.0% 725 -17.6% Gross Operating Income 2,622 2
Slide 6: Loans
Loans Selected loans growth. Decreased YoY, however GB managed to grow 9.9% QoQ supported by SOE segment LDR & Total Loans Rp trillion Loans Portfolio Breakdown Rp trillion 108.91% 107.64% Mar-20 Dec-19 Mar-19 YoY QoQ 102.11% 104.30% 102.12% Global Banking 35.3 32.1 35.9 -1.7% 9.9% 96.25% 94.13% CFS
Slide 7: Asset Quality
Asset Quality Fully implemented PSAK 71 from March 2020 onwards 5.04% 4.01% 4.00% 3.73% 3.29% Impaired Loans - Gross Impaired Loans (consolidated) 3.11% Impaired Loans - Net 2.13% 2.16% 2.31% 1.90% Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Impaired Loans - Gross Impaired Loans - Net 3.65% 3.33% 2.89% 3.06%
Slide 8: Customer Deposits
Customer Deposits CASA ratio improved. Strengthened Cost of Fund & LDR maintained at 89.72% (bank only) Deposits from Customers by Business Segment 24% 20% Global Banking Mar-19 Mar-20 CFS 76% 80% Deposits from Customers by Type 17% 19% Current Account Mar-19 14% Saving Account Mar-20 19% Time Depos
Slide 9: Fee Income
Fee Income Significant improvement in Fee income driven by GM, bancassurance, investment, and e-channel transaction fees Rp billion +16.0% YoY +10.9% YoY +39.3% YoY +272.5% YoY -0.4% YoY 598 515 362 361 Mar-19 Mar-20 85 94 66 77 47 21 Total Fee Income Fees and commissions Gains on foreign
Slide 10: Operating Expenses (Opex)
Operating Expenses (Opex) Opex tightly controlled with YoY growth of 1.2% Rp billion +1.2% YoY +3.9% YoY -0.6% YoY 1,585 1,604 952 946 633 658 Mar-19 Mar-20 Total Operating Personnel G&A Expenses (in Rp billion) Breakdown of G&A Mar-20 Mar-19 YoY General 507 528 -4.1% Rental 54 125 -57.1% Depr
Slide 11: Strong Capital Position
Strong Capital Position 21.38% 20.09% 20.64% 18.73% 19.07% 138,481 137,120 133,575 125,234 127,172 25,940 26,151 26,833 26,770 26,244 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Risk Weighted Assets (Rp Billion) Total Capital (Rp Billion) CAR Capital Ratios Mar-20 Dec-19 Sep-19 Jun-19 Mar-19 YoY QoQ Tier I 1
Slide 12: Balance Sheet - Consolidated
Balance Sheet - Consolidated Rp billion Mar-20 Dec-19 Mar-19 YoY QoQ Loans 122,944 122,579 135,833 -9.5% 0.3% Other Earning Assets 40,406 29,185 33,474 20.7% 38.4% Other Assets 18,118 17,319 19,123 -5.3% 4.6% Total Assets 181,468 169,083 188,431 -3.7% 7.3% Deposits from Customer 117,184 110,601 128,
Slide 13: Financial Ratios
Financial Ratios Mar-20 Dec-19 Mar-19 YoY Mar-20 Dec-19 Mar-19 YoY Consolidated Bank Only a b c (a-c) a b c (a-c) Profitability Profitability Return On Assets 1.62% 1.45% 1.21% 0.41% Return On Assets 1.37% 1.09% 0.96% 0.41% Return On Equity (Tier 1) 8.96% 7.73% 7.19% 1.77% Return On Equity (Tier 1)
Slide 14: Table of Contents
Table of Contents Executive Summary 2 Results Overview 4 Shariah Banking 14 Subsidiaries 17 Update on Covid-19 20 Appendix Maybank Indonesia in Brief 24 Awards, Events and CSR Highlights 29 Financial Results: 1Q 2020 ended 31 March 2020
Slide 15: Shariah Banking
Shariah Banking Continues to strengthen its propositions and demonstrate differentiated capabilities in the market through innovative products Shariah Financing decreased by 0.8% to Rp24.4 trillion, contributing 19.9% to the Bank’s consolidated loans. Shariah Deposits down by 2.1% to Rp26.1 tril
Slide 16: Shariah Banking
Shariah Banking Shariah Financing Rp Billion Shariah Deposits Rp Billion -0.8% -2.1% 24,650 26,614 24,445 24,047 26,061 25,462 Mar-19 Dec-19 Mar-20 Mar-19 Dec-19 Mar-20 Page 16
Slide 17: Table of Contents
Table of Contents Executive Summary 2 Results Overview 4 Shariah Banking 14 Subsidiaries 17 Update on Covid-19 20 Appendix Maybank Indonesia in Brief 24 Awards, Events and CSR Highlights 29 Financial Results: 1Q 2020 ended 31 March 2020
Slide 18: Maybank Finance
Maybank Finance Revenue and Profit Before Tax Asset Quality Rp Billion +8.1% 308 285 +8.2% 0.34% 0.34% 0.31% 112 121 0.27% 0.26% 0.18% 0.19% 0.16% 0.15% 0.14% Mar-19 Mar-20 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Revenue Profit Before Tax NPL Net NPL Gross Financing Unit Financing (unit) Rp Billion
Slide 19: WOM Finance
WOM Finance Revenue and Profit Before Tax Asset Quality Rp Billion -0.2% 3.18% 635 634 2.98% 2.42% 2.00% 2.12% +3.1% 0.88% 0.81% 0.63% 0.62% 0.68% 56 57 Mar-19 Mar-20 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Revenue Profit Before Tax NPL Net NPL Gross Financing Unit Financing (‘000 unit) 84 Rp Billion
Slide 20: Table of Contents
Table of Contents Executive Summary 2 Results Overview 4 Shariah Banking 14 Subsidiaries 17 Update on Covid-19 20 Appendix Maybank Indonesia in Brief 24 Awards, Events and CSR Highlights 29 Financial Results: 1Q 2020 ended 31 March 2020
Slide 21: Update on Covid-19
Update on Covid-19 In light of Covid-19, the Bank has acted promptly including the following: • Prioritizing the safety of our employees and customers within the Maybank Indonesia's work environment and taking preventive measures as recommended by the World Health Employees and Organization and Mi
Slide 22: Update on Covid-19: Macro Assumption Update
Update on Covid-19 Indonesia Macro Economic Assumption Update 2020F Indicator Unit Pre COVID-19 COVID-19 GDP Growth % 5.0 1.1 Inflation Rate (Average) % 3.2 2.8 Private Consumption Growth % 5.0 2.0 Unemployment Rate % 5.2 7.6 Loan Growth % 8.0 1.5 Exchange Rate (Average) IDR/USD 14,040 14,716 Curren
Slide 23: Update on Covid-19: Digital Initiatives (customer-facing)
Update on Covid-19: Digital Initiatives (customer-facing) M2U Digital Onboarding QRPay M2E • 35% YoY growth in the • In 1Q FY2020, 1.8K • QR Pay transactions • Fully digital non face-to- number of monetary accounts opened digitally conducted in March reach face M2E registration transactions with 2.4
Slide 24: Table of Contents
Table of Contents Executive Summary 2 Results Overview 4 Shariah Banking 14 Subsidiaries 17 Update on Covid-19 20 Appendix Maybank Indonesia in Brief 24 Awards, Events and CSR Highlights 29 Financial Results: 1Q 2020 ended 31 March 2020
Slide 25: Profile
Profile Profile* Established : 15 May 1959 Total Assets : Rp181.5 trillion Total Equity : Rp25.7 trillion Market Capitalisation : Rp10.5 trillion Rank #11 in terms of Assets Position in Indonesia** : Rank #10 in terms of Loans Rank #10 in terms of Deposits 370 (Maybank Indonesia) # of Branches : 589
Slide 26: Company Ratings and Shareholdings
Company Ratings and Shareholdings Company Rating Shareholders Public Long-Term Foreign-Currency IDR BBB; Stable Outlook 78.98% 21.02% Short-Term Foreign-Currency IDR F2 Viability Rating bb Support Rating 2 National Long-Term Rating AAA(idn); Stable Outlook National Short-Term Rating F1+(idn) Subordi
Slide 27: Board of Commissioners
Board of Commissioners Edwin Gerungan Budhi Dyah Sitawati Commissioner Independent Commissioner Datuk Abdul Farid bin Alias President Commissioner Achjar Iljas Hendar Datuk Lim Hong Tat Independent Commissioner Independent Commissioner Commissioner Page 27
Slide 28: Board of Directors
Board of Directors Thilagavathy Nadason Irvandi Ferizal Effendi Director Director Director Taswin Zakaria President Director Widya Permana Muhamadian Steffano Ridwan* Ricky Antariksa* Director Director Director Director *) Appointed at AGM held on 30 March 2020 and will be effective after obtaining
Slide 29: Table of Contents
Table of Contents Executive Summary 2 Results Overview 4 Shariah Banking 14 Subsidiaries 17 Update on Covid-19 20 Appendix Maybank Indonesia in Brief 24 Awards, Events and CSR Highlights 29 Financial Results: 1Q 2020 ended 31 March 2020
Slide 30: Awards, Events and CSR Highlights in 1Q 2020
Awards, Events and CSR Highlights in 1Q 2020 Maybank Sales Service Summit & Awards Launching SmartProtection and 2020 SmartProtection iB This annual event aims to communicate This product from Maybank Indonesia and vision, target and strategy for year 2020 to all Allianz is a credit life insurance f
Slide 31: My Bank is Maybank! Thank You
Maybank wins hearts and =, inspires confidence through its commitment to treating M Y BANK Is customers and staff with MAYBA NK ! respect. - We make humanising y ‘- . - f financial services more than ~ just a promise but the way we do business. e ~~ sé 1 Thank You Maybank
Slide 32: PT Bank Maybank Indonesia Tbk Investor Relations
PT BANK MAYBANK INDONESIA Tbk Investor Relations Sentral Senayan III Jl. Asia Afrika No. 8, Gelora Bung Karno Jakarta 10270, Indonesia Tel : (62-21) 2922 8888 Fax : (62-21) 2922 8799 Email : InvestorRelations@maybank.co.id www.maybank.co.id Disclaimer : Please note that some of the statements in thi
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