Allied Bank Limited · PSX:ABL
Allied Bank — Q1 2021 Earnings Presentation
22 slides from Allied Bank's earnings presentation, Mar 31, 2021
Slide 1: Allied Bank Limited Financial Presentation – March 2021
LLIED BANK LIMITED Financial Presentation – March 2021
Slide 2: Contents
Contents ABL at a Glance & Economic Highlights Investments Deposits Stock Market Data Annexures 1-2 3-5 6 7 8 9 10 11-12 13-17 Major Highlights Advances & Key Ratios & Awards & Balance Sheet Asset Quality Channels CGR Income Statement
Slide 3: ABL at Glance
ABL at Glance ATMs:1,556 Entity Credit Rating On-site: 1,234 Off-site: 319 Overseas Long Term: AAA MBU: 3 Short Term: A1+ Corporate Branches: 2 Governance Bahrain WBU Rating Export Processing Subsidiary Rep Offices: CGR 9+ Zone Asset Management 2 Domestic Co. Ltd. UAE-Dubai Holding 100% Digital Chin
Slide 4: Economic Highlights
Economic Highlights *(US$ Million) SBP Reserves* and Exchange Rate Workers Remmittances- US$ Million 16,000 168 170 156 167 166 3,000 165 166 14,000 160 161 165 12,000 2,500 159 160 160 160 10,000 158 2,000 8,000 155 1,500 153 6,000 150 1,000 4,000 145 500 2,000 - 140 - Mar-20 Apr-20 May-20 Jun-20 J
Slide 5: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) (Rs. in Billion) 2,000 300 1,800 25% 200 1,600 100 1,400 3% -14% -6% 1,200 0 • Total Assets reached at Rs. 1,000 4 204 -7 -100 1,724 billion (Increase of 8%). 800 1,590 -67 1,724 -200 600 -300 400 200 -400 • Investment portfolio optimized - -500 Dec-20 Cash, Ba
Slide 6: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) (Rs. in Billion) 1,800 63% 200 1,600 1% 100 1,400 4% 1,200 0 • Total Liabilities stood at Rs. 1,000 122 16 2 1,598 Billion (Increased by 10%) -100 800 1,459 1,598 600 -200 400 -300 • CASA maintained at Dec’20 level 200 of 87%. - -400 • Deposits aggregated
Slide 7: Highlights Income Statement
Highlights Income Statement (Rs. in Million) • In line with Accommodative SBP monetary Policy, Interest earned and 6,000 34% 11% Interest expense decreased by 26% and -8% -120% 4% 5,000 36% respectively, offsetting volumetric 981 781 increase in earning assets. 4,000 -901 107 -820 3,000 • Fee & Comm
Slide 8: Investments
Investments (Rs. in Million) Investments Mar' 21 Dec'20 Var. Growth *Pakistan Investment (PIBs) 412,989 407,300 5,689 1.4% Market Treasury Bills 565,801 360,865 204,936 57% Listed and Unlisted Shares 19,728 20,604 (876) -4% TFCs, Bonds, Sukuks and Mutual Funds 33,347 35,285 (1,938) -5% Subsidiary 50
Slide 9: Advances & Asset Quality
Advances & Asset Quality (Rs. in Billion) 600 9% 7.8% 7.2% 500 510 8% • Gross advances stood at Rs. 443 billion 500 6.8% 7.0% 6.4% 454 443 7% (13%↓) - due to seasonal adjustments and 5.9% 389 fund deployment in fixed income securities. 400 6% 326 341 349 4.6% 5% 300 289 285 262 3.1% 3.2% 3.2% 4% • G
Slide 10: Deposits
Deposits (Rs. in Billion) Particulars March' 21 Dec' 20 Var (% ) Market Share: 6.9% Current 496 491 1% Industry Growth: 0.2% Saving 579 570 1% Term 158 155 2% CASA Mix: 87% Total Deposits 1,232 1,217 1% 1,400 1,217 1,232 1,200 1,049 985 1,000 883 1,075 1,062 805 800 735 668 868 608 809 600 515 690 4
Slide 11: Key Ratios & Channels
Key Ratios & Channels Key Ratios Particulars Mar'21 Dec'20 Variance Return on Assets (%) 1.0% 1.2% -0.2% Return on Equity (Tier I) (%) 16.2% 18.8% -2.6% Capital Adequacy Ratio (%) 26.2% 25.2% 1.0% Channels Mar' 21 Dec' 20 Growth Total Branches 1,402 1,402 - Conventional 1,285 1,285 - Islamic 117 117
Slide 12: Stock Market Data
Stock Market Data ABL Stock Price vs Market Trend 350000% 0.0% 300000% -5.0% Pakistan Stock Exchange Code: ABL 250000% -10.0% 200000% Bloomberg Code: ABL PA -15.0% 150000% Shares Outstanding (mln): 1,145.07 100000% -20.0% -25.0% Market Capitalization (Rs. bln): 81.11 50000% 0% -30.0% Stock Price as
Slide 13: Awards and Accolades
Awards and Accolades 1 2 3 4 5 6 7 8 Asian Banking The Asset Triple Finance Corporate Asian Banking Pakistan Digital Asia Money- Global and Finance A Asia Asia Excellence and Finance Awards 2020 Best Bank for (ABF) Corporate Infrastructure Diversity & Country Award - (ABF) 1. Best Mobile CSR 2021 &
Slide 14: Corporate Governance & Ratings
Corporate Governance & Ratings Entity Rating CGR PACRA Deposits VIS Credit Rating • AAA (Long Term) Company • A1+ (Short Term) • A very low expectation of • CGR-9+ (Corporate Moody’s credit risk emanating from a Governance Rating) very strong capacity for • Very high level of corporate • B3 timely p
Slide 15: Annexures
Corporate Governance & Ratings Pakistan Annexure A Digital Statement of Financial Awards 2020Position - Standalone Basis 1. Best Mobile Banking Annexure B App Statement of AwardsFinancial Position - Consolidated 2. Best Digital Annexure C Innovation Income Statement Award - Standalone Basis 3. Best
Slide 16: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Mar'21 Dec'20 Variance Mar'21 Dec'20 Variance Cash and Balances with Banks 103,503 135,628 (32,126) 678 888 (210) -24% Lending to FIs 54,024 17,996 36,028 354 118 236 200% Investments 1,033,535 829,621 203,914 6
Slide 17: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Mar' 21 Dec'20 Variance Mar' 21 Dec'20 Variance Cash and Balances with Banks 103,496 135,625 (32,130) 678 888 (210) -24% Lending to FIs 54,024 17,996 36,028 354 118 236 200% Investments 1,035,610 831,704 203,9
Slide 18: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Mar' 21 Mar'20 Variance Mar' 21 Mar'20 Variance Mark-up and interest Income 23,774 32,071 (8,297) 156 210 (54) -26% Mark-up and interest Expensed 12,980 20,376 (7,396) 85 133 (48) -36% Net Mark-up and interest Income 10,7
Slide 19: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Mar' 21 Mar'20 Var. Mar' 21 Mar'20 Var. Mark-up and interest Income 23,774 32,071 (8,297) 156 210 (53) -26% Mark-up and interest Expensed 12,981 20,376 (7,395) 85 133 (48) -36% Net Mark-up and interest Income 10,793 11,
Slide 20: Disclaimer
Disclaimer The information being presented herein is solely for your information. Except for the historical information, statements that describe the Bank’s objectives, plans or goals discussed in Investor Conference Call are forward‐looking statements. These forward looking statements involve a num
Slide 21: Contact Us
Contact Us Muhammad Bilal +92-42-35880043 Investor.Relations@abl.com Saleem Ext: 32665 Unit Head Strategic Planning 21 21
Slide 22: Thank You
THANK YOU 22