Standard Chartered Plc · LSE:STAN
Standard Chartered — Debt Investor Presentation (August 2012)
19 slides from Standard Chartered's debt investor presentation, August 2012
Slide 1: Half year results 2012 Debt investor update
Half year results 2012 Debt investor update August 2012 Leading the way in Asia, Africa and the Middle East
Slide 2: Forward looking statements
Forward looking statements This document contains or incorporates by reference ‘forward-looking statements’ regarding the belief or expectations of the Company, the Directors and other members of its senior management about the Group’s strategy, businesses, performance and the matters described in t
Slide 3: Who we are
Who we are Our branches and operations are in all the major centres in the world’s key trade corridors. We have a heritage as deep as a local bank but with the international connections of a global bank Around 90% of profit from Asia, Africa and the Middle East Over 150 year history Present in
Slide 4: Where we operate
Where we operate GDP growth The growing share of the % emerging economies 12 Nominal GDP, US$tn 70 World 10 60 Advanced China 50 8 India E Emerging i 40 6 ASEAN-5 Sub-Saharan Af i Africa 30 4 US 20 2 Eurozone 10 0 0 2010 2011 2012F 2013F 2014F 2015F 2016F 2017F 1981 1983 1985 1987 1989 1991 1993 199
Slide 5: Our business strategies
Our business strategies Consumer Banking strategy Wholesale Banking strategy Universal markets (e.g. Hong Kong, Singapore) Participation Focused markets (e. g. India, China) Models Strategic g Lean premium markets (e.g. Brunei) Value added Focus on relationship management Customer Service excellence
Slide 6: Our structure
Our structure Simplified Structure of the Group Standard Chartered PLC Standard Chartered Bank Includes Singapore, India, Indonesia, US and UK branches HK China Thailand Pakistan Kenya Subsidiary * Subsidiary Subsidiary Subsidiary Subsidiary Korean Malaysia Taiwan Nigeria Investment in Subsidiary Su
Slide 7: Our ratings demonstrate exceptional performance
Our ratings demonstrate exceptional performance Jun-08 Jun 08 Current Fitch/Moody’s/S&P Fitch Moody’s S&P Standard Chartered Bank A+/A2/A+ AA- +1 A1 +1 AA- +1 Bank of America NA AA/Aaa/AA A -3 A3 -6 A -4 Barclays Bank Plc AA/Aa1/AA A -3 A2 -4 A+ -2 Citibank NA AA-/Aa1/AA A -2 A3 -5 A -3 Credit Agric
Slide 8: Consistent delivery
Consistent delivery US$bn Income Profit before tax 10 9 8 CAGR 15% 7 CAGR 20% 6 5 4 3 2 1 0 H1 02 H1 03 H1 04 H1 05 H1 06 H1 07 H1 08 H1 09 H1 10 H1 11 H1 12 7
Slide 9: H1 2012 performance
H1 2012 performance Highlights CCPL* 13% Income US$9.5bn 9% Wealth Management (3%) Deposits 14% Mortgages and Auto (13%) Consumer Banking US$3.5bn 5% Wholesale Banking US$6.0bn 10% Lending & Portfolio Mgt. 3% Transaction Banking 19% Financial Markets 2% Pre-impairment profit US$4.5bn 11% ALM 14% p C
Slide 10: H1 2012 income performance by geography
H1 2012 income performance by geography H1 12 vs US$m H1 11 H1 12 H1 11 % Hong Kong 1,531 1,688 10 Singapore 1,094 1,162 6 Korea 840 950 13 Other APR 1,748 1,993 14 India 893 790 (12) MESA 1 118 1,118 1 125 1,125 1 Africa 678 714 5 Americas, UK & Europe 862 1,089 26 Total 8,764 9,511 9 9
Slide 11: Diversity a differentiator
Diversity a differentiator Operating income Operating income by product by geography† Principal Finance Americas, 2% UK & Europe Corporate Finance 10% 14% CCPL* 11% Hong Kong 18% ALM 5% Africa 8% Wealth Credit and Other 2% 7% Management g Capital Markets 3% Commodities Consumer Singapore and Equitie
Slide 12: Strong foundations: Basics of banking
Strong foundations Basics of banking Risk Mgmt Liquidity Capital Conservative Strong A/D Well capitalised and diverse ratio consistently at a Core Tier 1, balance sheet below 100% Tier 1 and Total Capital level Consumer Banking Consistently strong portfolio is liquid asset ratio Equity g
Slide 13: A well diversified and conservative balance sheet
A well diversified and conservative balance sheet Total Assets Customer Loan Distribution US$624bn1 US$279bn1 Other assets 8% Americas, Cash at central banks 8% Hong Kong 25% Wholesale UK & Europe 18% Banking loans Africa 2% 18% Derivatives 10% MESA 7% Singapore India 4% 19% Loans and advances to ba
Slide 14: Strong and diverse funding base
Strong and diverse funding base… Total Liabilities Customer Deposits US$624bn1 US$360bn1 Shareholder funds 7% Subordinated liabilities and other borrowed funds 3% Americas, UK & Europe Debt securities in issue 10% Africa 3% Hong Kong 16% 25% MESA 7% Other liabilities 6% India 3% Derivatives 9% Singa
Slide 15: …and a strong liquidity position
…and a strong liquidity position Strong liquidity position and a low customer asset to deposit ratio have been maintained throughout the crisis 30 80 77.9 78.1 77.6 76.2 76.4 27.9 70 27.5 27.2 26.6 26.5 25 60 H1 10 H2 10 H1 11 H2 11 H1 12 Liquid asset ratio % (LHS) A/D ratio % (RHS) 14
Slide 16: Strong capital ratios
Strong capital ratios Capital ratios (%) 18.4 17.9 17.6 16.9 15 1 15.1 15.5 44 4.4 40 4.0 39 3.9 3.5 4.3 2.2 2.0 1.9 1.8 6.6 2.2 2.4 Tier 1 11.8 11.9 11.8 11.6 13.4 Tier 1 9.0 6.1 8.5 H1 08 H1 10 H2 10 H1 11 H2 11 H1 12 Core Tier 1 Tier 2 and Tier 3 15
Slide 17: Limited refinancing
Limited refinancing* Maturity profile of senior debt and capital securities US$b US$bn 9 8 7 6 5 4 3 2 1 0 2012 2013 2014 2015 2016 2017 Capital securities Senior debt Notes: * Capital refinancing has been modeled based on first call date 16
Slide 18: Successful access to Debt Capital Markets
Successful access to Debt Capital Markets 2009 2010 2011 2012 Senior US$1.5bn Senior US$2.0bn Senior US$2.25bn LT2 US$1bn US Dollar T1 US$1.5bn LT2 US$750m LT2 US$1.25bn Euro Senior EUR1.25bn Senior EUR1.25bn Senior EUR1.25bn Senior EUR1bn Sterling Senior GBP200m¹ Senior GBP90m Senior SGD55m Senior
Slide 19: Summary
Summary Unique U i ffootprint t i t and d exposure to diverse and fast-growing fast growing economies Sustained and consistent track record Foundations of the Group in excellent shape through our focus on the basics of banking 18
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