Bank Of Bahrain And Kuwait B.s.c. · BAHRAIN:BBK
Bank Of Bahrain And Kuwait B.s.c — Q2 2023 Earnings Presentation
12 slides from Bank Of Bahrain And Kuwait B.s.c's earnings presentation, Aug 29, 2023
Slide 1: Investors' Conference Call Q2 2023
Investors’ Conference Call Q2 2023 August 29, 2023
Slide 2: Major Developments
Major Developments 2 BBK Investors’ Conference Call – Q2 2023
Slide 3: Corporate Highlights
Corporate Highlights 1. Financing the Beyon Cable Extension with US$ 200 million. 2. Closing of a US$ 250 million 2-year Club Loan Facility. 3. Launch of BBK Business allowing corporates in Bahrain to open business accounts digitally. 4. Focus on customer centricity with launch of Customer Appreciat
Slide 4: Corporate Social Responsibility Initiatives
Corporate Social Responsibility Initiatives BBK supports the community across different sectors: 1. Women Empowerment: Launch of the 2nd edition of the Women on Board Program 2. Training & Education: • Successful enrolment of the 50 BBK Scholarship students into their second year of study • Launch o
Slide 5: Key Governance & Investors Relations Developments
Key Governance & Investors Relations Developments 1. The High Level Control Module of the Central Bank of Bahrain was fully revised. The implementation is effective 1st October 2023. However, the Board decided early adoption of all Governance related issues. The HC module covers areas related to Gov
Slide 6: Financial Highlights
Financial Highlights 6 BBK Investors’ Conference Call – Q2 2023
Slide 7: Financial Performance – YTD June 2023
Financial Performance – YTD 30 June 2023 56% 67 43 52% 7% 237% 21% 37 33 31 31 21 10 6 2 Nll Other Income Operating Net Provisions, taxes Net Profit Expenses and NCI In BD Millions 30 Jun 2023 30 Jun 2022 7 BBK Investors’ Conference Call – Q2 2023
Slide 8: Financial Performance – Q2 2023
Financial Performance – Q2 2023 49% 33 22 10% 130% 9% 71% 17 17 15 16 9 3 2 1 Nll Other Income Operating Net Provisions, taxes Net Profit Expenses and NCI In BD Millions Q2-2023 Q2-2022 8 BBK Investors’ Conference Call – Q2 2023
Slide 9: Financial Position – June 2023
Financial Position – 30 June 2023 1% 3,808 3,754 1% 1% 2% 2,132 2,117 1,605 1,614 584 596 Loans and advances Total assets Customer deposits Equity attributable to shareholders In BD Millions 30 Jun 2023 31 Dec 2022 9 BBK Investors’ Conference Call – Q2 2023
Slide 10: Key Performance Indicators
Key Performance Indicators Jun 2023 Dec 2022 Return on Average Equity* % 12.3 11.7 Profitability Return on Average Assets* % 1.8 1.7 Earning Per share* BHD 0.041 0.039 Cost/Income % 43.2 46.7 Specific Coverage Ratio % 68.1 71.6 Assets Quality ECL (Stage 1&2) Coverage Ratio % 2.3 2.3 Gross NPL/ Gross L
Slide 11: Q&A
Q&A 11 BBK Investors’ Conference Call – Q2 2023
Slide 12: Thank you!
Thank you!
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