PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk · IDX:BJBR
PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk — Bank BJB — Q1 2016 Earnings Presentation
46 slides from PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk's earnings presentation, 2016
Slide 1: Bigger, Stronger, Better - 1Q16 Company Report
Bigger, Stronger, Better bank bjb 1Q16 Company Report
Slide 2: Table of Content
Table of Content Pg. 3 Macroeconomic Pg. 4 Banking Sector Pg.6 Result Summary Pg. 7 Target vs. Realization Pg. 8 Key Ratios (bank only) Pg.9 Income Statement Pg. 10 Balance Sheet Pg. 11 Loans Breakdown Pg. 16 Deposit Breakdown Pg. 17 Asset Quality Pg. 20 Yield Analysis Pg. 22 Capital Adequacy Pg. 23
Slide 3: Macroeconomic indicators
GDP Growth BI Rate Consumer Confidence Index 10 140 8 120 Index (points) 100 6 80 (%) 4 60 40 2 20 0 0 CPI 1M JIBOR USDIDR 10Yr Govt Bond 10 15000 14 9 14000 12 8 13000 7 10 12000 Yield (%) USD IDR 6 8 11000 (%) 5 10000 6 4 3 9000 4 2 8000 7000 2 1 0 6000 0
Slide 4: Banking sector loans and deposit growth
Loans Growth Deposit Growth 40.0 35.0 • 30.0 YoY Growth (%) 25.0 20.0 • 15.0 10.0 • 5.0 • - Investment Loans WC Loans Consumer Loans 45 40 35 YoY Growth (%) 30 25 20 15 10 5 -
Slide 5: Risk Profile, Capital, Earnings
Risk Profile Composite Capital GCG 2 (PK-2) Earnings
Slide 6: Result Summary
Result Summary Income Statement Ratios (bank only) Net Interest Income at Rp 1.4tr (+17.4% YoY/ -1.2% QoQ) PPOP at Rp 621 bn(+11.1% YoY/ +31.2% QoQ) LLP at Rp 30 bn (-51.9% YoY/ -124.9% QoQ) Net Income at Rp 449 bn (+15.8% YoY/ -13.0% QoQ) Total Loans at Rp 55.5tr (+11.4% YoY/ -0.2% QoQ) Total Finan
Slide 7: Target vs. Realization
Target vs. Realization bank bjb (%) Target 10'15 20'15 30'15 4Q’15 1016 Loans Growth 13% -14% 9.5 94 11.2 12.0 11.4 Deposit Growth 12% - 13% 16.1 32.4 268 17.1 119 ROA (net) 1.5% - 2.0% 2.0 14 14 16 2.0 ROE (net) 15% - 20% 2A 16.5 16.9 19.2 22.0 NIM 6.5% - 7.0% 68 6.0 6.0 63 69 Cost of Fund 5.0% - 5
Slide 8: Key Ratios (bank only)
Key Ratios (bank only) b ; ank bjb Key Ratios 1Q’15 2Q'15 3Q’15 4Q’15 1016 Profitability ROA (net) 2.0 14 14 1.6 2.0 ROE (net) 21.4 16.5 16.9 19.2 22.0 Cost Ratios Cost to Income Ratio 59.3 67.5 66.5 68.3 64.1 Expenses Ratio 78.0 84.4 84.3 83.3 78.1 Yield Asset Yield 12.1 118 11.9 12.2 12.1 Cost of
Slide 9: Income Statement
Income Statement bank bjb Income Statement Positioning YoY YoY (Rp bn) 1Q'15 10'16 (%) Interest Income 2,265 2,579 13.9% 314 Interest Expense 1,064 1,169 9.8% 105 Net Interest Income 1,201 1,410 17.4% 209 Fee Based Income 88 96 9.6% 8 Operating Expense 750 932 24.2% 181 Gain (Loss) on Financial Stat
Slide 10: Balance Sheet
Balance Sheet bank bjb peReba 10'15 20/15 30°15 4Q'15 10°16 0) Cash 1,726 2,422 1,890 2,403 1,766 2.3% Current Account with 5,127 7317 6,606 6,077 4,780 6.8% Bank Indonesia Secondary Reserves 24,908 27,415 26,018 18,065 27,068 8.7% Loans -—net 48,280 50,951 53,193 54,368 54,391 12.7% Financing net 4
Slide 11: Loans Breakdown (bank only)
Loans Breakdown (bank only) Consumer mMicro mCommercial m Mortgage Segment , 1 YoY 60 (Rp bn) 1Q'15 1Q’'16 (%) asim Consumer 34,681 39,670 14.4% 50 45 430 44M 45 43 Micro 4,182 3,210 -23.3% 41 40 . Commercial 6,271 7,847 25.1% Exo Mortgage 4,480 4492 0.3% Q Total Gross Loans 49,614 55,218 11.3% 20 3
Slide 12: Consumer Loans
Consumer Loans Civil Servant Loans (LHS) mamma Pensioner Loans (LHS) ===NPL (RHS) 45 5 > 1.0 40 4 - 09 il - 08 ss. a 8 ue as 8 “07 30 4 Pe] 24 - 06 25 A - 05 & 20 4 - 04 y39 337 343. 352 15 + 991 30.2 309 els 277 L 03 10 | ois” 02 0.11 0.11 0.1 5 010 go, 009 Ol aad + O1 0 = -_— =. 0.0 RE TC, TN SC P
Slide 13: Micro Loans
Micro Loans bank bjb KMU (LHS) mmm Govt Program (LHS) Key Indicators 1015 10'16 0) mmm Others (LHS) —NPL (RHS) 6.0 30.0 Loans Outstanding 4,182 3,210 -23.3% 268 Net Expansion 50 25.0 YtD (324) (120) 62.9% (Rp bn) Avg. Loans 4.0 20.0 Outstanding 56 71 26.8% (Rp mn) a No of Account 74,186 45,068 -39.2
Slide 14: Commercial Loans
. , Commercial Loans bank bjb Working Capital (LHS) mammm Investment (LHS) . YoY mmm Syndicated (LHS) | ——=NPL(RHS) Ke yiindicators 19°15 19°16 (%) 10.0 5 15.0 Loans Outstanding 6,271 7,847 25.1% 14.0 9.0 + 30 Net Expansion 80 | 12.0 YtD (578) (1,399) - 11.0 (Rp bn) 7.0 Taw Avg. Loans 60 - 9.0 Outst
Slide 15: Mortgage Loans
Mortgage Loans bank bjb Mortgage Loans (LHS) —==NPL (RHS) Key Indicators 1015 1016 YoY 9 46 5 ; 15.0 (%) pi) Loans Outstanding 4,480 4,492 0.3% 4.50 451 45 4 4.48 447 449 | 13.0 4.44 L 120 Net Expansion YtD 36 (15) - 44 | ye (Rp bn) + 10.0 Avg. Loans ag | 428 428 Bay °° Outstanding 254 239 5.9% z +
Slide 16: Deposit Breakdown (bank only)
. P Deposit Breakdown (bank only) bank bjb Current Account m= Savings Account Time Deposit Deposits 90 + Breakdown 1Q'15 10°16 0) (Rp bn) 80 | Current Account 25,581 29,304 14.6% 70 + Saving Account 9,678 11,386 17.6% 60 + Time Deposit 31,277 33,832 8.2% 50 | & TOTAL 66,536 74,522 12.0% 40 4 30 | CA
Slide 17: Asset Quality
Asset Quality Credit Provision (LHS) mmm Absolute NPL (LHS) . Gross NPL Write Off —o— Coverage Ratio (RHS) (%) 1Q'15 1016 YoY 2016 9 2,500 5 r 82 (bank only) (%) (Rp bn) Consumer 0.09 0.15 +0.06 2 Micro 25.5 21.0 4.5 122 2,000 - Commercial 114 5.9 BS) 76 Mortgage 5.9 8.3 +24 12 1,500 Total 4.2 2.8 -
Slide 18: Special Mention Loans
Special Mention Loans Consumer (LHS) mmm Micro (LHS) mmm Commercial (LHS) Consumer =Micro Commercial Mortgage mE Mortgage (LHS) ——% to Loans (RHS) io 2,000 45 90% 25 29 1,800 4.0 80% 34 36 38 43 1,600 4 7 3.5 _ 70% 60 59 = g a 1,400 a Ss = 30 < 5 60% 5 5 2 § 1,200 & = 5 d 25 8 2 50% 5 1,000 5 2 =! i
Slide 19: Absolute Non Performing Loans
Absolute Non Performing Loans Consumer (LHS) mammal Micro (LHS) mm Commercial (LHS) Consumer mMicro mCommercial m Mortgage mmm Mortgage (LHS) —===% to Loans (RHS) 100% 2,500 > 45 90% 4.0 80% 2,000 + 3.5 = _ 70% 5 g a & € 30 2 A g § ES 60% & 1,500 | g 5 = 258 5 ¢ € 5 2 50% S 3 = £ 5 & 20 2 = soe & 1,
Slide 20: Yield Analysis
Yield Analysis OthePéacement to 0.8% Bank Indonesia 5.2% Interbank Placement Loans 69.4% 1.9% Marketable Securities 22.7% Interbank Lending Time Deposit 5.9% 42.1% Bonds 1.4% Current Account 36.5% Asset Yield 1Q’'15 1016 Placement to Bank Indonesia 3.1 17 Interbank Placement 47 4.0 Securities 6.1 6.
Slide 21: Customer Based
Customer Based bank bjb Consumer Micro mCommercial m™ Mortgage Government ™ Corporate Retail 100% 5 100% 90% 4 : c q bs 90% 80% 4 80% 70% 4 70% zg g = 60% 4 = 60% & & = <4 3 g S 50% + S 50% a a 2 2 § 84.5 § 2 40% 4 9 808 826 3 & 749 752 759 772 786 79° 5 40% 30% 30% 20% 4 20% 10% + 10% 0% o% er nS —
Slide 22: Capital Adequacy
° P Capital Adequacy bank bjb *Total Capital to Rp 6.3tr (+Rp 608 bn YoY) Risk Weighted 1Q11 1Q11 YoY (% Asset (RWA) Q's Q's oY (%) Total CAR at 14.9% (-68 bps YoY) Total RWA 36,494 42,214 15.7% Addition to Neti Credit Risk 27,115 31,802 17.3% ; Risk RWA/ et Impact CAR Analysis er to CAR Weighting R
Slide 23: Consumer Loan Details
\ = bank bjb Consumer Loan Details
Slide 24: Consumer Loan Performance
Consumer Loan Performance ba + Overall Consumer Loans at Rp 39.7 tr (+14.4% YoY/ +3.8% QoQ) + Net Expansion of +Rp 5.0 tr YoY/+Rp 1.4Tr QoQ Growth » Consumer Loans portfolio contribution total loans at 71.8% (+194 bps YoY/+273 bps QoQ) + Number of Customers 369,851 (+14,612 Accounts YoY/ + Accounts
Slide 25: Consumer Loans
Consumer Loans 45 40 35 30 25 (Rp tn) 20 15 10 Civil Servant Loans (LHS) msm Pensioner Loans (LHS) —===NPL (RHS) | 5 1.0 | + 0.9 | guul- Pa J , | + 07 ' + 0.6 + 0.5 Pn ey Ee ba) 0.4 4 29,1 30.2 309 31.9 277 Fo | + 0.2 J BEGEEBEAZ e | | ‘ " 0.0 Se s s Ss ‘ Ro S S s (%) . , , YoY Key Indicators 1Q'15
Slide 26: Civil Servant Loans
Civil Servant Loans Civil Servant Loans (LHS) | ==o==NPL(RHS) 40 05 Key Indicators 1Q'15 1Q'16 00) 35.2 . 35 337 Loans Outstanding 31,888 35,176 10.3 % 31.9 343 30.2 ; Oe Net Expansion 30 30.9 YtD 951 869 -8.6% 277 Rp bn 96:1 29.1 (Rp bn) 25 5 . Avg. Loans Outstanding 03 99 108 8.8 % (Rp mn) = 0 € N
Slide 27: Pensioner Loans
Pensioner Loans Pensioner Loans (LHS) —=o—NPL (RHS) 5,000 4,494 4; 500 pe 4,000 3556 far 3,500 3,191 3,000 aes cs 2,519 2 2,500 2,641 & 2,210 “2,407 2,000 1,500 ae 012 0.12 0.10 1,000 0.12 0.12 ned 01 500 0 ab A AS ah oO oO oO nO xo SPF SF CK LS Ko 0.5 0.4 0.3 0.2 0.1 0.0 (%) , 1 , YoY Key Indicator
Slide 28: Special Mention Loans
Special Mention Loans ba Civil Servant Loans (LHS) mmm Pensioner Loans (LHS) Civil Servant Loans m Pensioner Loans —o—Special Mention Loans (RHS) poo oo 160 r 0.5 90% 140 & 80% + 0.4 i & 9, = 120 = 70% a & o = & 5 — => 2 = 60% 2 100 € 2 8 +03 2 & ra g 2 § a 5 50% Z 80 2 ro 1 = 5 s 87.2 86.2 g49 g4g
Slide 29: Non Performing Loans
Non Performing Loans Absolute NPL (Rp bn) 60 50 40 30 4 20 10 Civil Servant Loans (LHS) lmammmi Pensioner Loans (LHS) > —=c= NPL (RHS) wn DD DDO SPP PCL LS SC SC os 100% 90% 0A 80% 70% 03 E 60% < Ss g 3 Ss 2 50% Pa z Zz fe ~~) = 0.2 ZS 40% 30% 0.1 20% 10% 0.0 0% Civil Servant Loans (LHS) —__™ Pensio
Slide 30: Sharia Business Performance
\ = bank bjb Sharia Business Performance 1Q16 bank bjb Sharia
Slide 31: Result Summary
Result Summary Income + Net Financing Income atRp 97.2 bn (+28.8% YoY) * Operating Expenses atRp 105.1 bn (+22.9% YoY) Statement + Net Income at Rp 9.8 bn (+1248.4% YoY) + Total Financing at Rp 4.8tr (+5.3% YoY) + Total Deposit at Rp 5.2tr (+9.9% YoY) Sheet + Total Asset at Rp 6.7tr (+12.5% YoY) Bal
Slide 32: Key Ratios
| . Z Key Ratios ' bank bjb Sharia (%) 1Q’15 1Q’16 YoY (%) CAR 13.9% 24.6% +10.7% NPF Gross 7.2% 6.9% -0.3% NPF Nett 5.0% 4.3% -0.7% ROA 0.1% 0.9% +0.8% ROE 0.5% 3.8% +3.3% NIM 5.6% 6.4% +0.8% BOPO 99.6% 95.1% 4.5% FDR 87.2% 92.5% +5.3%
Slide 33: Income Statement
EA Income Statement : bank bjb Income Statement 1Q'15 1Q’'16 YoY (%) Financing Income 173,309 191,748 10.6% Financing Expense 97,811 94,496 -3.4% Net Financing Income 75,498 97,252 28.8% Other Operating Income 11,149 22,300 100.0% Operating Expense 85,544 105,141 22.9% Operating Income 1,103 14,411
Slide 34: Balance Sheet
Z Balance Sheet bank bjb (Rp Mn) 1Q'15 1016 YoY (%) Cash 27,806 34,886 25.5% Current Account with Bank Indonesia 220,552 251,241 13.9% Secondary Reserves 961,291 1,409,587 46.6% Financing-net 4,474,955 4,679,297 4.6% Fixed Asset-net 158,884 173,445 9.2% Other Asset 152,273 197,157 29.5% Total Asset
Slide 35: Sharia Performance
Sharia Performance bank bjb Financing 1015 1Q’16 YoY (%) Murabahah (Trading) 3,378,998 3,813,767 12.9% Qardh (Bridging) 88,075 70,233 -20.3% Financing 1,116,509 941,957 -15.6% Istishna (Pawning) 3,977 3,398 -14.6% Total Gross Financing 4,587,559 4,829,355 5.3% Funding 1Q’15 1Q'16 YoY (%) Wadiah Curr
Slide 36: Company Profile
\ = bank bjb Company Profile bank bjb
Slide 37: Ownership
Ownership @ West Java Provincial Government @ West Java Municipal Government @ Banten Provincial Government 1 Banten Municipal Government Public (B Series) Ownership Structure 1Q15 1Q16 Founder (A Series) 75.00 75.00 West Java Provincial Government 38,26 38,26 West Java Municipal Governments 23,61 2
Slide 38: Road Map
Road Map To Build Sustainable Growth And Excellent Performance Bank 2015 2016-2017 2018 - 2019 Build Strong Foundation Quality Growth A Bank With Excellent Performance And Services Increasing Deposit Market Share Improving Loans Quality And Distribution Increasing Capital Adequacy Developing Support
Slide 39: Distribution Network
A Distribution Network bank bjb oy toa! Total bjbemployees " 7,522 Deposits 2.2Tr fog ‘ i Total bjb customers Loans 4.2 Tr ay ea 4,397,795 Micro Loans 622 bn \| Profit 41.2bn [ 7 i) | 56,775 Customers “ \ 13 Branch Offic i 13 Sub Branch Offices 7 Cash Offices 99 ATM Unit | : 411 Employees A estan Ja
Slide 40: Branch Network Details
Branch Network Details bank bjb No bjb Network 1Q'15 1Q'16 YoY 1 Branch 62 63 +1 2 Sub Branch 312 311 -1 3 Cash Offices 313 330 +17 4 Payment Point 132 136 +4 5 ATM 1,197 1,202 +5 ea . 050 7 Layanan bjb Precious 11 11 - 8 MSME Center 6 6 - 9 Mobile Cash 11 12 +1 10 Weekend Banking 22 11 -11 11 Forex
Slide 41: Human Capital
Human Capital Level 1Q’'15 1016 YoY Board of Commissioners 4 5 +1 Directors 6 7 +1 Top Management 30 42 +12 Middle Management 218 318 +100 First Line Management 1,683 1,799 +116 Staff 5,095 5,341 +246 Employee in Pension Preparation 5 10 +5 Total Permanent 7,041 7,522 +481 Micro 501 - -501 Others 2,
Slide 42: 2016 Awards
2016 Awards ba METAS DA) ROKER DEK TRAT NL 28 ‘S700 MLADEN 8 PRANK PEDBANGUNAY DAERAH JAWA BARAT DAY BANTEN Tok estas ed pe ih BS Contact Center Service Excellent Award Koran Sindo Inspiration For Indonesia - 2016 - bjb Call As Best Call Center For Appreciation SINDO CSR Awards For Regular Banking C
Slide 43: 2015 Awards
2015 Awards bank bjb Top 50 Public Listed Ci ADH Kitt Brand Finance Plc Brand Rating & SWA- Markplus WOW Brand Award 2015 - Best Tribute From OJK- Annual Report Award IICD - Corporate Governance & Ranked 43'4 Most Valuable Indonesia Champion Of Bandung Category Year Ended 2014 - 2"4 Best Regional Aw
Slide 44: 2015 Awards
2015 Awards ba Allain Indonesia Property & Bank Award X 2015 Infobank Banking Service Excellence Award 2015 - MNC Business Award 2015 - Best Listed Regional 15* Best SMS Banking Conventional Banking Category Bank Infobank Award - Best Financial Performance” Best Of The Best” 2000- Annual Report Awar
Slide 45: Share price and volume
Volume (RHS) Price (LHS) 1400 180 1300 160 140 1200 120 1100 Million Shares 100 Rp/share 1000 80 900 60 800 40 700 20 600 0
Slide 46: bank bjb contact details
FZ bank bjb Menara bank bjb JI. Naripan 12-14 7* Floor Bandung 40111 Telp. +6222 4234868