Cimb Group Holdings Bhd · MYX:CIMB
Cimb Group Holdings Bhd — Q1 2015 Earnings Presentation
64 slides from Cimb Group Holdings Bhd's earnings presentation, May 20, 2015
Slide 1: Analyst Presentation 1Q15 Results
Analyst Presentation 1Q15 Results 20 May 2015
Slide 2: Agenda
Agenda 1. Key Highlights 2. CIMB Group 1Q15 Financials 3. PBT by Segment 3.1 Regional Consumer Banking 3.2 Regional Commercial Banking 3.3 Regional Wholesale Banking 3.4 Group Asset Management & Investments 3.5 Group Funding 4. T18 Updates 5. Other Highlights 6. Final Remarks 2
Slide 3: 1. Key Highlights
CIMB Group : 1Q15 Results 1. Key Highlights
Slide 4: Overview
Overview Operating Income +4.0% YoY while PPOP +1.0%. Good NII traction in regional consumer and commercial banking but NOII curtailed by weaker capital markets and Banca regulations in Indonesia YTD cost management initiative included RM202 mil one-off expense from IB rationalisation BAU operating
Slide 5: Key Financial Highlights
Key Financial Highlights Operating Income Overhead Expenses Loan Impairment RM ‘mil RM ‘mil RM ‘mil +4.0% Y-o-Y +6.3% Y-o-Y +381.1% Y-o-Y -4.5% Q-o-Q -41.9% Q-o-Q +3.8% Q-o-Q 3,680 (2,239) (919) 1 (2,138) 2,3 (534) 3,538 3,545 (2,011) (111) 1Q14 4Q14 BAU 1Q15 1Q14 4Q14 1Q15 BAU 1Q14 4Q14 1Q15 Net Pr
Slide 6: Key Ratios
Key Ratios ROE NIM CI -480bps -22bps +130bps -510bps +550bps -14bps 2,3 13.0% 2.87% 63.2% 1 2.79% 8.2% 1 58.1% 2.65% 56.8% 2.7% 2,3,4 1Q14 4Q14 BAU 1Q15 BAU Mar-14 Dec-14 Mar-15 1Q14 4Q14 BAU 1Q15 BAU LD CASA Loan Loss Charge -40bps -130bps +60bps -270bps -60bps -60bps 35.4% 93.0% 1.39% 34.7% 90.7%
Slide 7: PBT By Segments
PBT By Segments 1Q15* 1Q14 Group Group Group Asset Funding Funding Group Asset Management 4% 9% Management & Investments Consumer & Investments 5% Banking Consumer 5% 27% Banking Wholesale 43% Banking 29% Wholesale Commercial Banking Banking Commercial 45% 14% Banking 19% 1Q15* PBT Growth by Key Div
Slide 8: PBT By Country
PBT By Country Singapore Growing Strongly, Indonesia and Thailand Weak from High Provisions 1Q15^* 1Q14^ Others Others Singapore 1% Singapore -1% 10% 5% Thailand Thailand 5% 5% Indonesia Indonesia 4% 29% Malaysia Malaysia 80% 62% 1Q15* PBT Y-o-Y Growth by Key Countries ^ -5.8% -89.4% -23.9% +46.1% P
Slide 9: 2. CIMB Group 1Q15 Financials
CIMB Group : 1Q15 Results 2. CIMB Group 1Q15 Financials
Slide 10: Earnings Summary
Earnings Summary 1Q15 4Q14 (RM ’mil) 1Q14 Y-o-Y Q-o-Q BAU* BAU^ Net interest income 2,517 2,403 4.7% 2,563 (1.8%) Non interest income 1,163 1,135 2.5% 982 18.4% Operating income 3,680 3,538 4.0% 3,545 3.8% Overhead expenses (2,138) (2,011) 6.3% (2,239) (4.5%) PPOP 1,542 1,527 1.0% 1,306 18.1% Loan i
Slide 11: Quarterly Earnings Trend
Quarterly Earnings Trend Private Placement 14.1% 14.0% 14.1% 14.1% 13.0% 10.7% 9.8% 8.2% 2.7% 3,797 3,680 3,430 3,445 3,485 3,538 3,407 3,529 3,545 1,403 1,387 1,386 1,375 1,431 1,281 1,051 1,066 1,179 1,021 1,054 1,062 950 890 1,026 782 386 252 + 1Q13 ~ 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 ^ 1Q15 Ope
Slide 12: Key Ratios
Key Ratios 1Q15 4Q14 (%) 1Q14 Y-o-Y Q-o-Q BAU* BAU~ ROE ^ 8.2 13.0 2.7 NIM ^** 2.65 2.87 2.79 Non-interest income / total income 31.6 32.1 27.7 Cost to income 58.1 56.8 63.2 Allowance coverage 84.2 83.8 82.7 Allowance coverage after regulatory reserve # 91.5 108.4 89.9 Loan loss charge ^ 0.79 0.19 1
Slide 13: Operating Expenses
Operating Expenses (RM ’mil) 1Q15 BAU* 1Q14 Y-o-Y 4Q14 Q-o-Q Personnel 1,209 1,136 6.4% 1,249 (3.2%) Establishment 479 470 1.9% 488 (1.8%) Marketing 96 86 11.6% 107 (10.3%) Admin & General 354 319 11.0% 395 (10.4%) Total 2,138 2,011 6.3% 2,239 (4.5%) Total (Actual) 2,340 2,011 16.4% 2,239 4.5% (%) 1
Slide 14: Gross Loans Growth
Gross Loans Growth 50.4% of banking book from RFS Loans by Country as at 31 Mar 15 # Divisions / Products (RM ‘bil) 31 Mar 15 31 Mar 14 Y-o-Y 31 Dec 14 Q-o-Q Others Singapore 7% Retail Financial Services (50.4%) 134.7 119.0 13.2% 130.6 3.1% 11% Mortgages 64.5 57.3 12.6% 62.6 3.0% Thailand Term Loans
Slide 15: Deposits Growth
Deposits Growth Deposits by Country as at 31 Mar 15 Divisions / Products (RM ‘bil) 31 Mar 15 31 Mar 14 Y-o-Y 31 Dec 14 Q-o-Q Others Retail Financial Services (41.7%) 124.8 116.4 7.2% 119.8 4.2% Singapore 4% 10% Commercial Banking (13.0%) 38.8 33.1 17.2% 37.3 4.0% Thailand Wholesale Banking # (45.3%)
Slide 16: CASA Growth
CASA Growth CASA by Country as at 31 Mar 15 Country (RM ‘bil) 31 Mar 15 31 Mar 14 Y-o-Y 31 Dec 14 Q-o-Q Singapore Others Malaysia 59.6 57.1 4.4% 58.5 1.9% 11% 2% Thailand Indonesia ** 22.4 20.8 7.7% 22.1 1.4% 7% Thailand 6.8 4.9 38.8% 5.5 23.6% Indonesia Malaysia Singapore 11.5 10.7 7.5% 11.5 - 22%
Slide 17: Capital Management – CIMB Group
Capital Management – CIMB Group Capital Ratios Min Req. + + ^ ^ 10.1% 9.5% 9.7% 10.0% CET1 4.5% + ^ ^ + 11.0% 11.2% 11.5% 11.2% Tier 1 6.0% ^ ^ + + 14.6% 15.0% 15.1% 14.3% Total Capital 8.0% Jun-14 Sep-14 Dec-14 Mar-15 Leverage Ratio (times) Gearing Ratio Double Leverage Ratio + 16.7 ^ 16.7 12.6% +
Slide 18: 3. PBT by Segment
CIMB Group : 1Q15 Results 3. PBT by Segment
Slide 19: PBT by Segments (Estimated)
PBT by Segments (Estimated) 73% Contribution from Consumer, Commercial and Corporate Banking PBT (RM ’mil) 1Q15 BAU* 1Q14 Y-o-Y 4Q14 BAU^ Q-o-Q Consumer Banking (42.6%) 437 393 11.2% 339 28.9% Commercial Banking (19.1%) 196 166 18.1% 198 (1.0%) Wholesale Banking (28.5%) 293 675 (56.6%) (182) +ve Cor
Slide 20: 3.1 Regional Consumer Banking
CIMB Group : 1Q15 Results 3.1 Regional Consumer Banking
Slide 21: Consumer Banking
Consumer Banking (RM ‘mil) 1Q15 1Q14 Y-o-Y 4Q14 Q-o-Q Net interest income 1,235 1,107 11.6% 1,211 2.0% Non interest income 396 373 6.2% 376 5.3% Operating income 1,631 1,480 10.2% 1,587 2.8% Overhead expenses (1,015) (936) 8.4% (1,035) (1.9%) PPOP 616 544 13.2% 552 11.6% (Provisions) / Writeback (17
Slide 22: Malaysia : Consumer Key Highlights
Malaysia : Consumer Key Highlights Y-o-Y Q-o-Q Credit Cards Consumer Gross Loans * 12.3% 2.6% Total Spending (industry) : +8.0% Y-o-Y and 2.4% Q-o-Q Mortgages 11.4% 2.4% 872 881 804 Term loans 12.7% 3.1% Auto 6.3% - +18.6% Y-o-Y Credit cards 19.0% 2.0% +2.3% Q-o-Q 4,145 4,240 Consumer Deposits 4.0%
Slide 23: Indonesia : Consumer Key Highlights
Indonesia : Consumer Key Highlights Y-o-Y Q-o-Q Personal Loans Consumer Gross Loans 6.6% 1.0% IDR ‘tril +35.3% Y-o-Y Mortgages 2.3% 0.7% +4.5% Q-o-Q Auto 4.5% 0.8% 2.2 2.3 Credit cards 31.9% 3.2% 1.7 Consumer Deposits 13.2% 5.3% CASA 13.8% 4.3% Fixed & structured 12.7% 6.3% deposits Mar-14 Dec-14 Ma
Slide 24: Thailand : Consumer Key Highlights
Thailand : Consumer Key Highlights Y-o-Y Q-o-Q Number of New Preferred Customers Consumer Gross Loans * 17.9% 2.0% +65.1% Y-o-Y Mortgages 23.4% 2.5% +4.5% Q-o-Q Auto Loans 7.7% 2.1% 3,872 4,045 Personal / Others 10.6% (1.0%) 2,450 Consumer Deposits 26.1% 4.8% CASA (7.0%) 1.5% Fixed & structured 40.4
Slide 25: Singapore : Consumer Key Highlights
Singapore : Consumer Key Highlights Y-o-Y Q-o-Q Non Interest Income Consumer Gross Loans 13.4% 1.7% SGD ‘mil +12.4% Y-o-Y Mortgages 8.8% 1.0% -2.7% Q-o-Q Term loans 4.7% 2.9% 11.2 10.9 Credit cards 15.0% (1.3%) 9.7 Consumer Deposits (4.3%) (5.9%) CASA (11.3%) (5.6%) Fixed & structured 19.3% (6.7%) 1
Slide 26: 3.2 Regional Commercial Banking
CIMB Group : 1Q15 Results 3.2 Regional Commercial Banking
Slide 27: Commercial Banking
Commercial Banking (RM ‘mil) 1Q15 1Q14 Y-o-Y 4Q14 Q-o-Q Net interest income 373 319 16.9% 381 (2.1%) Non interest income 79 59 33.9% 74 6.8% Operating income 452 378 19.6% 455 (0.7%) Overhead expenses (269) (242) 11.2% (258) 4.3% PPOP 183 136 34.6% 197 (7.1%) (Provisions) / Writeback 13 30 (56.7%) 1
Slide 28: Commercial Banking : Gross Loans
Commercial Banking : Gross Loans Country 31 Mar 15 31 Mar 14 Y-o-Y 31 Dec 14 Q-o-Q Malaysia (RM ‘bil) 12.4 10.9 13.8% 12.5 (0.8%) Indonesia (IDR ‘bil) 35,345 31,881 10.9% 34,865 1.4% Thailand (THB ‘bil) 50.5 44.0 14.8% 51.4 (1.8%) Singapore (SGD ‘mil) 3,332 2,900 14.9% 3,216 3.6% Others* (RM ‘bil) 0
Slide 29: Commercial Banking : Deposits
Commercial Banking : Deposits Country 31 Mar 15 31 Mar 14 Y-o-Y 31 Dec 14 Q-o-Q Malaysia (RM ‘bil) 17.8 16.6 7.2% 17.3 2.9% Indonesia (IDR ‘bil) 34,645 31,894 8.6% 32,738 5.8% Thailand (THB ‘bil) 17.0 11.8 44.1% 14.9 14.1% Singapore (SGD ‘mil) 3,190 2,156 48.0% 3,294 (3.2%) Others* (RM ‘bil) 0.02 0.
Slide 30: 3.3 Regional Wholesale Banking
CIMB Group : 1Q15 Results 3.3 Regional Wholesale Banking
Slide 31: ASEAN M&A, Equities, ECM and IPO Activities
ASEAN M&A, Equities, ECM and IPO Activities Industry ASEAN ECM MSCI SEA Traded Value USD ‘mil USD ‘bil +23.5% Y-o-Y +7.9% Y-o-Y 8,671 120 5,400 109 4,372 101 1Q13 1Q14 1Q15 1Q13 1Q14 1Q15 Industry ASEAN IPO Industry ASEAN M&A USD ‘mil USD ‘mil -29.2% Y-o-Y +164.1% Y-o-Y 40,391 1,925 1,764 28,603 21,
Slide 32: Primary Bonds : Low Activity in Region
Primary Bonds : Low Activity in Region Bond Yields ASEAN Issuance USD ‘bil 9 8 -46.7% Y-o-Y 7 6 19.5 5 16.0 4 3 10.4 2 1 0 31-Mar-14 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15 1Q13 1Q14 1Q15 MY 10Y Gov Bond IND 10Y Gov Bond TH 10Y Gov Bond SGD 10Y Gov Bond Malaysia Issuance Indonesia Issuance Thailand
Slide 33: Wholesale Banking
Wholesale Banking 1Q15 4Q14 (RM ’mil) 1Q14 Y-o-Y Q-o-Q BAU* BAU^ Net interest income 812 778 4.4% 870 (6.7%) Non interest income 522 564 (7.4%) 418 24.9% Operating income 1,334 1,342 (0.6%) 1,288 3.6% Overhead expenses (673) (678) (0.7%) (760) (11.4%) PPOP 661 664 (0.5%) 528 25.2% (Provisions) / Wri
Slide 34: Wholesale Banking : Corporate Banking
Wholesale Banking : Corporate Banking (RM ’mil) 1Q15 1Q14 Y-o-Y 4Q14 Q-o-Q Net interest income 572 476 20.2% 557 2.7% Non interest income 167 217 (23.1%) 167 - Operating income 739 693 6.6% 724 2.1% Overhead expenses (253) (260) (2.7%) (268) (5.6%) PPOP 486 433 12.2% 456 6.6% (Provisions) / Writebac
Slide 35: Wholesale Banking : Gross Loans
Wholesale Banking : Gross Loans Country 31 Mar 15 31 Mar 14 Y-o-Y 31 Dec 14 Q-o-Q Malaysia (RM ‘bil) 30.8 32.6 (5.5%) 31.2 (1.3%) Indonesia (IDR ‘bil) 90,603 81,698 10.9% 91,512 (1.0%) Thailand (THB ‘bil) 48.4 50.7 (4.5%) 49.8 (2.8%) Singapore (SGD ‘mil) 4,917 4,585 7.2% 5,001 (1.7%) Others* (RM ‘bi
Slide 36: Wholesale Banking : Deposits
Wholesale Banking : Deposits Country 31 Mar 15 31 Mar 14 Y-o-Y 31 Dec 14 Q-o-Q Malaysia (RM ‘bil) 61.6 46.4 32.8% 55.3 11.4% Indonesia (IDR ‘bil) 60,208 52,866 13.9% 59,589 1.0% Thailand (THB ‘bil) 44.5 41.7 6.7% 50.8 (12.4%) Singapore (SGD ‘mil) 1,988 1,546 28.6% 2,488 (20.1%) Others* (RM ‘bil) 9.6
Slide 37: Wholesale Banking : Treasury & Markets
Wholesale Banking : Treasury & Markets (RM ’mil) 1Q15 1Q14 Y-o-Y 4Q14 Q-o-Q Net interest income 203 219 (7.3%) 263 (23.1%) Non interest income 110 158 (30.4%) 7 >1000% Operating income 313 377 (17.0%) 270 15.9% Overhead expenses (142) (135) 5.2% (140) 1.4% PPOP 171 242 (29.3%) 130 31.5% (Provisions)
Slide 38: Wholesale Banking : Investment Banking
Wholesale Banking : Investment Banking (RM ’mil) 1Q15 BAU* 1Q14 Y-o-Y 4Q14 BAU^ Q-o-Q Net interest income 37 84 (56.0%) 47 (21.3%) Non interest income 246 188 30.9% 245 0.4% Operating income 283 272 4.0% 292 (3.1%) Overhead expenses (279) (283) (1.4%) (350) (20.3%) PPOP 4 (11) +ve (58) +ve (Provisio
Slide 39: 3.4 Group Asset Management & Investments
CIMB Group : 1Q15 Results 3.4 Group Asset Management & Investments
Slide 40: Group Asset Management and Investments
Group Asset Management and Investments 4Q14 PBT (RM ‘mil) 1Q15 1Q14 Y-o-Y Q-o-Q BAU * CIMB-P Group 26.2 21.8 20.2% 17.6 48.9% Wholesale (0.8) (3.3) (75.8%) 16.9 -ve Integrated Funds 13.1 2.7 385.2% 17.9 (26.8%) CapAsia (12.7) (7.3) 74.0% - -ve TCA 0.5 1.3 (61.5%) (1.2) +ve CIMB Mapletree (1.7) - -ve
Slide 41: 3.5 Group Funding
CIMB Group : 1Q15 Results 3.5 Group Funding
Slide 42: Group Funding
Group Funding 4Q14 (RM ’mil) 1Q15 1Q14 Y-o-Y Q-o-Q BAU^ Net interest income 87 192 (54.7%) 91 (4.4%) Non interest income 52 42 23.8% (9) +ve Total income 139 234 (40.6%) 82 69.5% Overhead expenses (94) (95) (1.1%) (90) (4.4%) PPOP 45 139 (67.6%) (8) +ve (Provisions) / Writeback - (14) +ve (13) +ve S
Slide 43: 4. T18 Updates
CIMB Group : 1Q15 Results 4. T18 Updates
Slide 44: T18 Summary Updates
T18 Summary Updates Structure Differentiation A Strategic Projects B and Governance C and Optimisation Key strategic and transformational Inward looking organisational and Differentiated, innovative and projects process changes synergy focused tactical strategies Cost Management Structural re-al
Slide 45: 5. Other Highlights
CIMB Group : 1Q15 Results 5. Other Highlights
Slide 46: Malaysia : CIMB Islamic
Malaysia : CIMB Islamic Ranking of Total Islamic Assets as at 31 Dec 2014 1Q15 1Q14 Sukuk Total Assets Market Market Market Rank Company Rank Rank RM ’mil Share Share Share 1 Maybank Islamic 146,394 30% Malaysia 19.6% 3 40.7% 1 2 CIMB Islamic 49,864 10% Global 9.4% 2 23.9% 1 3 Bank Islam 45,829 9% 4
Slide 47: Corporate Responsibility
Corporate Responsibility Humanitarian Relief Sports 42 1st CIMB staff volunteers in a clean Natasha Andrea Oon • up programme in Temerloh Malaysian • 13-15 Age Group Sportexcel MILO NSC National Place 8 Cleaned up 1 Houses School Junior Premier Elite Golf Circuit East Coast Golf 2nd Floods Cleaned u
Slide 48: 6. Final Remarks
CIMB Group : 1Q15 Results 6. Final Remarks
Slide 49: Targets for 2015
Targets for 2015 1Q15 Y-o-Y FY15 Target 1,3 ROE 8.2% 11.0% Dividend Payout Ratio - 40% Total Loans Growth * 12.8 % 10% 1 Loan Loss Charge 0.79% 40-50 bps 2 CET 1 (CIMB Group) 10.0% > 10% 1,3 Cost to Income 58.1% < 55% Notes: * Excluding bad bank 1. 1Q15 2. As at 31 Mar-15 3. Excluding IB restructuri
Slide 50: Final Remarks
Final Remarks Challenging operating environment continues given weaker regional economic indicators and softer capital markets Consumer and commercial bank traction to continue across all operating geographies. Higher funding cost environment persists Continued cautious growth stance in Indonesia gi
Slide 51: Thank You
THANK YOU 51
Slide 52: Appendices
CIMB Group : 1Q15 Results Appendices
Slide 53: Consolidated Balance Sheet Changes
Consolidated Balance Sheet Changes (RM ‘mil) 31 Mar 15 31 Mar 14 Y-o-Y 31 Dec 14 Q-o-Q Cash & short term funds 39,488 30,955 28% 33,463 18% Securities purchased under resale agreements 5,616 4,623 21% 4,758 18% Deposits & placements with financial institutions 7,380 4,823 53% 4,239 74% Financial ass
Slide 54: CIMB Group : Asset Quality Ratios
CIMB Group : Asset Quality Ratios 84.8% 82.3% 84.0% 82.8% 83.8% 82.7% 84.2% 81.3% 82.3% 82.1% 82.2% 79.2% 84.3% 83.7% 82.6% 83.6% 82.2% 82.6% 81.9% 81.7% 81.7% 74.2% 81.8% 81.1% 77.4% 71.9% 4.8% 4.4% 4.2% 3.8% 3.8% 3.6% 3.4% 3.2% 3.1% 3.1% 3.3% 3.2% 3.1% 3.9% 3.6% 3.5% 3.2% 3.1% 3.0% 2.9% 2.9% 2.8%
Slide 55: AFS MTM (Q-o-Q) Position
AFS MTM (Q-o-Q) Position 330.1 RM ’mil 149.8 142.6 (66.4) (4.6) Mar-14 Jun-14 Sep-14 Dec-14 Mar-15 55
Slide 56: Consumer Market Shares
Consumer Market Shares Mar-15 Mar-14 Mar-15^ Mar-14 Mkt Mkt Mkt Mkt Rank* Rank Rank Rank Share Share Share Share Retail CASA 11.9% 3 12.0% 3 Deposits 4.2% 5 4.5% 5 Auto 8.1% 5 7.8% 5 Residential 12.5% 3 12.8% 3 Mortgages Mortgages 7.1% 5 7.8% 5 Non-Residential 10.2% 3 10.2% 3 Mortgages Credit Cards
Slide 57: IB Market Share and Ranking (1)
IB Market Share and Ranking (1) 1Q15 1Q14 1Q15 1Q14 Market Market Market Market Rank Rank Rank Rank Share Share Share Share Cash Equities 11.8% 1 11.4% 1 Cash Equities 5.3% 2 4.4% 4 IPO - - - - IPO - - - - ECM 45.3% 1 36.7% 1 ECM - - - - EQL Products - - - - EQL Products - - - - M&A 26.2% 1 29.6% 1
Slide 58: IB Market Share and Ranking (2)
IB Market Share and Ranking (2) 1Q15 1Q14 1Q15 1Q14 Market Market ASEAN Market Market Rank Rank Rank Rank Share Share Share Share Cash Equities 0.4% 45 0.4% 48 Cash Equities 5.3% 2 4.4% 2 IPO - - 2.5% 10 IPO 1.1% 8 9.7% 1 ECM 1.9% 15 1.3% 22 ECM 8.7% 5 17.8% 1 EQL Products - - - - EQL Products - - -
Slide 59: New Campaigns
New Campaigns CNY888 Campaign Swipe & Win Unfixed Deposit Get RM188 dining Swipe 5x weekly with Flexibility that allows voucher with min RM50 in a single early/partial withdrawal minimum spend of receipt to get RM100 Remaining balance RM888 net in a cash back continue to get single receipt i
Slide 60: Notable Deals
Notable Deals DCM DCM Kuveyt Turk Katilim Bankasi A.S. PT Tower Bersama Infrastructure Tbk RM2.0 bil Sukuk Wakalah Programme issued via KT USD350.0 mil Senior Unsecured Notes due 2022 Kira Sertifikalari Varlik Kiralama A.S. (The first issuance of Sukuk based on the Islamic M&A principle of Wakalah b
Slide 61: CIMB Niaga : Earnings Summary
CIMB Niaga : Earnings Summary (IDR ‘bil) 1Q15 1Q14 Y-o-Y 4Q14 Q-o-Q Net interest income 2,798 2,525 10.8% 2,904 (3.7%) Non interest income 604 855 (29.4%) 806 (25.1%) Operating income 3,402 3,380 0.7% 3,710 (8.3%) Overhead expenses (1,848) (1,698) 8.8% (1,687) 9.5% PPOP 1,554 1,682 (7.6%) 2,023 (23.
Slide 62: CIMB Niaga : Key Ratios
CIMB Niaga : Key Ratios (Consolidated, %) 1Q15 1Q14 Y-o-Y 4Q14 Q-o-Q ROE ^ 1.2 16.7 0.7 NIM ^ 5.22 5.22 5.63 Cost to Income 54.3 50.2 45.5 Loan Loss Coverage # 102.6 98.8 88.8 Allowance Coverage 78.3 82.0 72.4 Loan Loss Charge ^ 3.3 0.5 4.4 Gross Impaired Loans Ratio 5.3 3.1 4.8 Gross NPL (BI Defini
Slide 63: CIMB Thai : Earnings Summary
CIMB Thai : Earnings Summary Before GAAP Adjustments 1Q15 1Q14 Y-o-Y 4Q14 Q-o-Q (THB ‘mil) Net interest income 1,914 1,855 3.2% 2,107 (9.2%) Non interest income 1,049 843 24.4% 662 58.5% Operating income 2,964 2,698 9.9% 2,769 7.0% Overhead expenses (1,782) (1,678) 6.2% (1,936) (8.0%) PPOP 1,182 1,0
Slide 64: CIMB Thai : Key Ratios
CIMB Thai : Key Ratios (Consolidated, %) 1Q15 1Q14 Y-o-Y 4Q14 Q-o-Q ROE ^ 2.3 8.0 1.5 NIM ^ 2.95 3.27 3.40 Cost to Income 60.1 62.2 69.9 Loan Loss Coverage ** 94.1 100.6 95.2 Loan Loss Charge ^ 2.2 1.1 1.5 Gross NPL ratio ** 3.7 3.1 3.3 Net NPL ratio ** 2.1 1.8 1.8 Loan to Deposit 102.6 113.3 103.3
CIMB Group Holdings Berhad — Q1 2015 Earnings Presentation on 6ix