Commercial International Bank - Egypt (cib) S.a.e. · EGX:COMI
Commercial International Bank - Egypt (cib) S.a.e — Commercial International Bank - Egypt (CIB) S.A.E. — Q1 2017 Earnings Presentation
29 slides from Commercial International Bank - Egypt (cib) S.a.e's earnings presentation, May 2017
Slide 1: Investor Relations Presentation Q1'2017
INVESTOR RELATIONS presentation Q1’2017
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made or distributed, or by reading the presentation slides, you agree with the following limitations: • The information in this presentation may contain future projections and forward‐looking statements that reflect the bank’s current vi
Slide 3: Egypt's Fact Sheet
Egypt’s Fact Sheet Overview About CIB Financial Review Conclusion DIVERSIFIED ECONOMY¹ COUNTRY PROFILE Name: Arab Republic of Egypt Industrial (11.06%) Capital: Cairo Mining (8.83%) Currency: Egyptian Pound (EGP) Governmnet (7.98%) Total area: c.1,002,000 sqm.km Agriculture (7.34%) Inhibited area: 7
Slide 4: Macro-Environment
Macro-Environment Overview About CIB Financial Review Conclusion Reform-led boom MANAGEABLE DEBT Net International Reserve: $26.4 bn (Jan’17) 8.0% 7.1% 7.2% Global financial Current A/C balance: $-4,983.3 mn*** 7.0% crisis LT external debt: $55.4 bn¹ 6.0% 5.1% ST external debt: $11.9 bn¹ 5.0% 4.7% P
Slide 5: Egypt's Banking Sector
Egypt’s Banking Sector Overview About CIB Financial Review Conclusion 1,293 2,761 49% 49% 2,123 46% 44% 937 41% 41% 1,740 714 1,433 545 584 1,191 471 503 965 1,027 10/11 11/12 12/13 13/14 14/15 15/16 Dec-16 10/11 11/12 12/13 13/14 14/15 15/16 Dec-16 10/11 11/12 12/13 13/14 14/15 15/16 Total loans (E
Slide 6: Egypt's Banking Sector (Cont'd)
Egypt’s Banking Sector (Cont’d) Overview About CIB Financial Review Conclusion Dec-16 3,950 Dec-16 9,832 Dec-16 62,764 15/16 3,882 15/16 9,031 15/16 64,349 14/15 3,766 14/15 7,855 14/15 55,876 13/14 3,712 13/14 6,810 13/14 51,384 12/13 3,651 12/13 6,283 12/13 45,716 11/12 3,610 11/12 5,489 11/12 40,
Slide 7: The Challenges
The Challenges Overview About CIB Financial Review Conclusion Budget deficit1 12.5% of GDP in FY 15/16 and a budgeted deficit of 9.8% for FY 16/17 High Inflation2 Headline CPI reached 30.9% in March 2017 Competitiveness index3 Ranked 115/138 in 2016-2017 Global Competitiveness Index Ease of doing bu
Slide 8: Why Egypt?
Why Egypt? Overview About CIB Financial Review Conclusion ECONOMIC ENVIRONMENT ATTRACTS INVESTMENTS Among the most diverse in the MENA region Approved IMF Loan signaling a tremendous confidence boost in Egypt's ability to release New Suez Canal its economic potential in a sustainable way New Cairo A
Slide 9: CIB at a Glance
CIB at a Glance Overview About CIB Financial Review Conclusion International Consortium RW led IPO raising US$ consortium Actis Sold Chase National Rating by S&P led by 2.6% in open Bank established 115mn; 150% Ripplewood; divested half its and Fitch: market in oversubscribed acquired NBE holdings B
Slide 10: CIB's Key Milestones
CIB’s Key Milestones Overview About CIB Financial Review Conclusion 1975 1977 1987 1989 First joint venture First private sector Following Chase CIB has been selected bank in Egypt; bank to create a Manhattan divesture by the IATA to act as the Chase National dedicated division due to a shift in the
Slide 11: CIB's Key Milestones (Cont'd)
CIB’s Key Milestones (Cont’d) Overview About CIB Financial Review Conclusion 2001 2005 2006 2009 First Egyptian bank to Only bank in Egypt First bank in Egypt Only Egyptian bank register on NYSE; to be awarded JP to execute EGP 200 recognized as ‘Best Bank in ADR Level 1 Morgan Quality mn R’epo Egyp
Slide 12: CIB's Associates
CIB’s Associates Overview About CIB Financial Review Conclusion Ownership: 35% Profile: Offers a full suite of security services; o Private security, o Premises protection, o Cash-in-Transit (CIT), o Electronic security system solutions, o General and facility management services, o Touristic and go
Slide 13: Lines of Business
Lines of Business Overview About CIB Financial Review Conclusion INSTITUTIONAL BANKING CONSUMER BANKING Market leader The take-off for a world class consumer Profile Prime contributor to profitability banking franchise • Large and medium-size corporates (MNCs, institutions and banks) • Retail custom
Slide 14: Business Banking
Business Banking Overview About CIB Financial Review Conclusion Caters to SMEs, covering all sectors and industries through more than 100 well-trained Relationship Managers across the country 2010 2011 2012 2013 2014 2015 2016 • Pilot • Formal • Expanding sales • Offering Unsecured • Penetrating the
Slide 15: Our Stock in a Nutshell
Our Stock in a Nutshell Overview About CIB Financial Review Conclusion STOCK EXCHANGES TICKER SHARE INFORMATION 52 WEEKS* Listed Egyptian Stock Exchange (EGX) COMI Shares outstanding 1,153,866,000 PERFORMANCE Listed London Stock Exchange (LSE) CBKD Par value EGP 10.00 High EGP 82.29 Traded New York
Slide 16: Shareholding Structure
Shareholding Structure Overview About CIB Financial Review Conclusion FREE FLOAT BY REGION North America (57.41%) Africa (13.39%) GCC (12.66%) UK & Ireland (7.26%) Continental Europe (4.76%) Free Float (93.3%) Rest of the World (4.52%) Fairfax (6.7%)* FREE FLOAT BY CATEGORY Institutions (91.97%) Ind
Slide 17: Our Presence in Egypt
Our Presence in Egypt Overview About CIB Financial Review Conclusion DISTRIBUTION NETWORK 194 Total Branches and Units 112 Cairo DIGITAL BANKING DIGITAL BANKING INITIATIVES 26 Alexandria 4,109,919 Website visits Assign Masary as a new 23 Sinai and Canal CIB’s agent network for Smart Wallet. 246,034
Slide 18: Corporate Governance
Corporate Governance Overview About CIB Financial Review Conclusion COMMITMENT TO SOUND CORPORATE GOVERNANCE PRACTICES CONTINUES TO DEFINE CIB This commitment is supported by several mandates: Internal policies, risk controls, and manuals have been put in place to ensure that all business aspects ar
Slide 19: Board of Directors
Board of Directors Overview About CIB Financial Review Conclusion The Board and its committees are governed by well-defined CIB’s Board consists of 7 members, 5 are charters that sets out its responsibilities and composition non-executive* requirements HISHAM EZZ Al-ARAB The Board is supported by in
Slide 20: Our Strategy
Our Strategy Overview About CIB Financial Review Conclusion TODAY TOMORROW • Positioned as trade finance hub for Egypt Quality loan growth, Financial Deposit growth, • Focus on SMEs & underpenetrated retail with focus on Transactional Performance specially from banking segment increasing product ban
Slide 21: Business Continuity Management & Information Security
Business Continuity Management & Information Security Overview About CIB Financial Review Conclusion Pioneer in implementing international standards and best practices; INITIATIVES established in 2010; ahead of all major players in the market CIB continues to invest in further improving its business
Slide 22: Awards and Recognition
Awards and Recognition 2017 + Best Trade Finance Provider in Egypt by Global Finance - Best Treasury & Cash Management Providers in Egypt by Global Finance + Best Foreign Exchange Provider in Egypt By Global Finance + Bast Bank in Egypt 2017 - By Global Finance More awards available: www.cibeg.com/E
Slide 23: Performance Snapshot: March 2017
Performance Snapshot: 31 March 2017 Overview About CIB Financial Review Conclusion TOTAL ASSETS NET LOANS CUSTOMER DEPOSITS SHAREHOLDERS’ EQUITY EGP 272,675 mn EGP 86,740 mn EGP 239,731 mn EGP 22,044 mn Dec.’16: EGP 267,544 mn; Dec.’16: EGP 85,384 mn; Dec.’16: EGP 231,741 mn; Dec.’16: EGP 21,374 mn;
Slide 24: Funding Overview
Funding Overview Overview About CIB Financial Review Conclusion FUNDING STRUCTURE Due to Customers (95.65%) Other Liabilities (3.25%) CUSTOMER DEPOSIT MIX Due to Banks (1.04%) Long-Term Loans (0.06%) Demand (25.51%) TDs (24.39%) CDs (29.60%) Savings (18.08%) Other (2.43%) CIB’s funding structure has
Slide 25: 10-Year Performance Summary
10-Year Performance Summary Overview About CIB Financial Review Conclusion 53.2% 3.03% 53.8% 55.5% 57.0% 2.89% 2.92% 2.93% 2.94% 2.95% 52% 50.0% 2.62% 2.71% 2.51% 43.2% 40.0% 36.9% 267,544 36.6% 2.03% 231.7 122.0 155.2 179,500 96.8 54.8 63.4 71.5 78.7 143,813 48.9 93,957 113,752 39.5 75,425 85,506 2
Slide 26: Position Among Peers
Position Among Peers Overview About CIB Financial Review Conclusion TOTAL ASSETS (EGP bn) NET INCOME (EGP mn) GROSS LOANS/DEPOSITS CAE 46 CAE 1,367 CIB 42.3% Alex 63 Alex 1,514 HSBC 44.7% AAIB 77 AAIB 1,945 CAE 49.0% HSBC 88 HSBC 3,478 AAIB 54.7% QNBA 188 QNBA 4,034 QNBA 61.4% CIB 246 CIB 5,951 Alex
Slide 27: Market Share
Market Share Overview About CIB Financial Review Conclusion 10.00% 9.00% 8.45% 8.52% 8.58% 8.52% 8.45% 8.54% 8.57% 8.32% 8.43% 8.35% 8.25% 8.28% 8.27% 8.18% 7.95% 7.90% 8.00% 8.37% 8.45% 7.56% 8.18% 8.22% 8.12% 7.20% 8.09% 8.40% 7.91% 7.84% 7.99% 7.03% 7.67% 7.65% 7.75% 7.00% 7.48% 7.48% 7.51% 7.56%
Slide 28: Why CIB?
Why CIB? Overview About CIB Financial Review Conclusion PROFITABILITY Extremely skilled and experienced Management Team NPAT EGP 2bn Total revenues EGP 3bn Asset Quality Highly qualified Board of Directors NPL/Gross loans 7%* Direct Coverage Ratio 147%* LIQUIDITY Among the best Investor Relations te
Slide 29: Thank You!
Thank You! Overview About CIB Financial Review Conclusion For more information, please visit our website; www.cibeg.com To read about the projects that the CIB Foundation has helped support, and to know ways in which you can donate, please visit www.cibfoundationegypt.org Investor Relations contacts
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