Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk · IDX:BJBR
Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk — PT Bank Pembangunan Daerah Jawa Barat dan Banten — Q2 2022 Earnings Presentation
42 slides from Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk's earnings presentation, Jul 27, 2022
Slide 1: Analyst Meeting 2Q 2022
CORPORATE PRESENTATION PT Bank Pembangunan Daerah Jawa Barat dan Banten, Tbk Analyst Meeting 2Q 2022 27/07/2022
Slide 2: Investment Proposition
Investment Proposition Economic Potential in Formidable Resilient Performance & West Java & Banten Captive Market Strong Balance Sheet Loans Net Income Other 32 Provinces Others FY19-2Q22 FY19-FY21 BJBR 2,0 Tr BJBR 103 Tr (FY19 – 2Q22) (FY19 – FY21) 1Q-2022 Regional GDP of West Java & Banten Civil S
Slide 3: “Hybrid Bank” Business Model
“Hybrid Bank” Business Model Empower Offline Channels Enhancing Online Services North East New Experience Digi Sumatra Kalimantan Digi Mobile as Omni Channels Launched April 2022 Riau bjb Riau Island Cardless South Sumatra Next Step, Becoming “Smart Mobile Banking” Jakarta South Multiple Bank Source
Slide 4: Banking Synergy (Regional Development Bank)
Banking Synergy (Regional Development Bank) Bank Business Groups Based on Regulations : POJK 12/2021, POJK 12/2020 and POJK 38/2017 Banking Synergy Existing Subsidiary Companies Regional Development Bank Performance (27 BPD, 31 March 2022) Total Assets Total Deposits Total Loans Total Net Profits Rp
Slide 5: Result Summary
Result Summary Consolidated Comparison with Industry Growth During Pandemic • Net Interest Income at Rp 4.1 tr (+10.9% YoY) Income • PPOP at Rp 1.7 tr (+15.3% YoY) Total Deposits 125 Tr bank bjb +49,67% Statement • Fee Based Income at Rp 741 bn (+28.8% YoY) Dec 2019 – June 2022 (4Q19 – 2Q22) • Net I
Slide 6: Consolidated
2Q 2022 Performance Consolidated 6
Slide 7: Income Statement
Income Statement Consolidated Positioning Income Statement YoY YoY (Rp bn) (%) 2Q21 2Q22 Interest Income 6,478 6,518 0.6% 40 Interest Expense 2,784 2,421 -13.0% (363) Net Interest Income 3,695 4,097 10.9% 402 Fee Based Income 575 741 28.8% 166 Operating Expense 2,927 3,196 9.2% 269 Gain (Loss) on Fi
Slide 8: Balance Sheet
Balance Sheet Consolidated Balance Sheet YoY 2Q21 3Q21 FY21 1Q22 2Q22 (Rp bn) (%) Cash 2,351 2,492 3,748 2,592 2,641 12.3% Current Account with Bank Indonesia 3,944 4,165 11,900 6,246 9,702 146.0% Secondary Reserves 41,033 45,917 34,395 47,214 43,334 5.6% Loans & Financing 97,753 101,269 102,232 105
Slide 9: Key Ratios
Key Ratios Bank Only Key Ratios 2Q21 3Q21 FY21 1Q22 2Q22 Profitability ROA (net) 1.3 1.3 1.4 1.5 1.5 ROE (net) 14.8 14.9 15.8 16.3 17.1 Cost Ratios Cost to Income Ratio 67.4 66.7 67.0 65.1 66.9 Expenses Ratio 83.1 82.9 81.9 79.0 78.4 Yield Asset Yield 9.4 9.3 9.3 8.6 8.7 Cost of Fund 3.9 3.8 3.6 3.0
Slide 10: Bank Only Details
2Q 2022 Performance Bank Only Details 10
Slide 11: Loans Breakdown
Loans Breakdown Bank Only 120 Consumer Micro Commercial Mortgage Segment YoY 2Q21 2Q22 (Rp bn) (%) 100 8.5 Consumer 60,832 63,375 4.2% 8.1 7.6 7.8 7.0 7.2 6.7 6.8 80 6.4 20.8 24.7 Micro 5,829 6,483 11.2% 20.0 19.7 16.2 16.3 17.4 17.3 14.6 6.5 6.1 5.9 5.8 6.0 6.0 6.2 Commercial 17,348 24,702 42.4% 6.
Slide 12: Consumer Loans
Consumer Loans Bank Only 70 2.0 Civil Servant Loans (LHS) Pensioner Loans (LHS) NPL (RHS) YoY Key Indicators 2Q21 2Q22 (%) 1.8 60 Loans Outstanding 60,832 63,375 4.2% 1.6 16.3 16.5 16.4 17.0 17.3 17.5 17.0 Net Expansion 50 16.3 16.7 937 1,459 55.7% 1.4 YtD (Rp bn) Avg. Loans Outstanding 1.2 120 120
Slide 13: Micro Loans
Micro Loans Bank Only KUR Linkage MSME NPL (RHS) YoY Key Indicators 2Q21 2Q22 (%) 5.0 6.0 Loans Outstanding 5,829 6,483 11.2% 0.9 1.1 1.2 0.8 Net Expansion 1.4 1.7 2.4 4.0 (311) 468 250.8% 5.0 1.5 1.9 2.2 YtD (Rp bn) Avg. Loans Outstanding 147 106 -28.3% (Rp mn) 4.0 3.0 3.0 3.3 3.2 No of Account 39,
Slide 14: Commercial Loans
Commercial Loans Bank Only Corporation Commercial NPL Corporation YoY Key Indicators 2Q21 2Q22 25.0 5.0% (%) Loans Outstanding 17,348 24,702 42.4% 20.0 7.5 4.0% Net Expansion 1,094 4,961 353.7% YtD (Rp bn) 6.4 Avg. Loans Outstanding 3,446 4,414 28.1% 7.6 7.0 (Rp mn) 15.0 3.0% 5.8 6.2 No of Account 5
Slide 15: Mortgage Loans
Mortgage Loans Bank Only 9.0 10.0 Reguler Government Program NPL YoY Key Indicators 2Q21 2Q22 (%) 8.0 Loans Outstanding 7,242 8,461 16.8% 8.0 7.0 Net Expansion 436 689 58.2% YtD (Rp bn) 6.0 Avg. Loans Outstanding 6.0 209 203 -3.2% 5.9 (Rp mn) 5.0 5.8 5.7 5.6 5.6 No of Account 34,588 41,749 20.7% 4.0
Slide 16: Deposit Breakdown
Deposit Breakdown Bank Only 140 Current Account Savings Account Time Deposit Deposits Breakdown YoY 2Q21 2Q22 (Rp bn) (%) 120 Current Account 25,016 34,025 36.0% 100 Saving Account 22,320 24,230 8.6% 66 66 68 63 80 61 62 58 Time Deposit 61,997 66,477 7.2% 58 44 60 TOTAL 109,333 124,732 14.1% 24 23 4
Slide 17: Guidance
Guidance 2022 (%) 2Q21 3Q21 FY21 1Q22 2Q22 Guidance Loans Growth 9 – 11 6.8 6.9 7.1 8.2 12.9 Deposit Growth 9 – 10 21.0 7.6 14.0 15.7 14.1 ROA (net) 1.3 - 1.5 1.3 1.3 1.4 1.5 1.5 ROE (net) 15 - 16 14.8 14.9 15.8 16.3 17.1 NIM 5.4 - 5.7 5.6 5.7 5.8 5.7 5.7 Cost of Fund 3.0 - 3.5 3.9 3.8 3.6 3.0 3.0 C
Slide 18: Special Mention Loans
Special Mention Loans Consumer (LHS) Micro (LHS) Commercial (LHS) Mortgage (LHS) % to Loans (RHS) Consumer Micro Commercial Mortgage 3,000 5.0 100% 90% 21 22 22 22 27 25 2,500 31 28 4.0 80% 34 574 578 560 855 70% Absolute Special Mention Loans (Rp bn) 2,000 19 Special Mention Contribution (%) 608 Sp
Slide 19: Non Performing Loans
Non Performing Loans Consumer (LHS) Micro (LHS) Commercial (LHS) Mortgage (LHS) % to Loans (RHS) Consumer Micro Commercial Mortgage 1,600 5.0 100% 1,400 90% 20 23 22 23 20 26 25 22 20 4.0 80% 1,200 70% Absolute Non Performing Loans (Rp bn) Non Performing Loan/Total Loans (%) 350 335 283 278 253 1,00
Slide 20: Yield Analysis
Yield Analysis Asset Yield 2Q21 2Q22 Others (%) 1.4% Placement to BI 8.9% Placement to Bank Indonesia 2.3 2.5 Interbank Placement 0.9% Interbank Placement 2.1 1.0 Marketable Securities Securities 4.8 4.5 17.6% Loans 71.2% Loans Yield 11.7 10.9 Cost of Fund 2Q21 2Q22 (%) Interbank Liabilities 3.9 2.1
Slide 21: Capital Adequacy
Capital Adequacy Risk Weighted YoY 2Q21 2Q22 •Total Capital Rp 16.2 tr (+Rp 3.5 Tr YoY) Asset (RWA) (%) Total RWA 75,437 89,841 19.1% • Total CAR at 18.0% (+117 bps YoY) Credit Risk 57,914 69,073 19.3% Addition to Net Impact to RWA/ CAR Analysis Risk Weighting CAR Rp1tr Net Operational Risk 13,518 1
Slide 22: Consumer Loans Details
2Q 2022 Performance Consumer Loans Details 22
Slide 23: Civil Servant Loans
Civil Servant Loans Civil Servant Loans (LHS) NPL (RHS) YoY Key Indicators 2Q21 2Q22 (%) 50 1.0 47.1 46.2 45.4 44.1 Loans Outstanding 43,326 47,087 8.7% 45 43.2 43.3 0.9 42.9 42.9 42.1 Net Expansion 40 0.8 386 1,698 340.0% YtD (Rp bn) 35 0.7 Avg. Loans Outstanding 111 115 3.3% (Rp mn) 30 0.6 No of A
Slide 24: Pensioner Loans
Pensioner Loans 20 Pensioner Loans (LHS) NPL (RHS) 1.0 YoY Key Indicators 2Q21 2Q22 (%) 18 17.5 0.9 17.3 17.0 17.0 16.7 16.5 16.4 Loans Outstanding 17,506 16,288 -7.0% 16.3 16.3 16 0.8 Net Expansion 551 (240) -143.5% YtD (Rp bn) 14 0.7 Avg. Loans Outstanding 150 141 -6.2% 12 0.6 (Rp mn) No of Accoun
Slide 25: bank bjb Sharia Performance
2Q 2022 Performance bank bjb Sharia Performance 25
Slide 26: Result Summary
Result Summary bank bjb Sharia • Net Financing Income at Rp 263.1 bn (+21.8% YoY) Income • PPOP at Rp 73.6 bn (+23.1% YoY) Statement • Net Income at Rp 46.8 bn (+348.0% YoY) • Total Financing at Rp 6.8 tr (+11.6% YoY) Balance Sheet • Total Deposits at Rp 8.2 tr (+25.1% YoY) • Total Asset at Rp 10.9
Slide 27: Income Statement
Income Statement bank bjb Sharia Income Statement YoY 2Q21 2Q22 (Rp mn) (%) Financing Income 353,187 375,018 6.2% Financing Expense 137,126 111,896 -18.4% Net Financing Income 216,061 263,122 21.8% Other Operating Income 19,623 21,440 9.3% Operating Expense 175,844 210,907 19.9% PPOP 59,840 73,655 2
Slide 28: Balance Sheet
Balance Sheet bank bjb Sharia BS highlight YoY 2Q21 2Q22 (Rp Mn) (%) Cash 57,647 60,669 5.2% Current Account with Bank Indonesia 244,783 312,895 27.8% Secondary Reserves 1,996,633 3,283,636 64.5% Financing-net 5,998,989 6,722,131 12.1% Fixed Asset-net 300,038 298,466 -0.5% Other Asset 294,515 257,79
Slide 29: Key Ratios
Key Ratios bank bjb Sharia Sharia 2Q21 2Q22 YoY (%) CAR 23.1 22.1 -1.0 NPF Gross 4.4 3.3 -1.1 NPF Nett 2.4 1.8 -0.6 ROA 0.6 1.2 +0.6 ROE 2.0 8.2 +6.2 BOPO 92.7 84.8 -7.9 FDR 93.5 82.9 -10.6 NIM 5.5 5.5 - 29
Slide 30: Financing and Funding Breakdown
Financing and Funding Breakdown bank bjb Sharia Financing YoY 2Q21 2Q22 (Rp mn) (%) Murabahah 3,897,277 4,258,769 9.3% Qardh 149,106 115,391 -22.6% Financing 2,092,375 2,479,397 18.5% Istishna 1,213 657 -45.8% Total Gross Financing 6,139,971 6,854,214 11.6% Funding YoY 2Q21 2Q22 (Rp mn) (%) Wadiah C
Slide 31: Company Profile
EA bank bjb Company Profile 31
Slide 32: Board of Commissioners
Board of Commissioners From Left to Right Setiawan Wangsaatmaja Diding Sakri Fahlino F. Sjuib Muhadi Farid Rahman Independent Independent Commissioner Independent Commissioner Commissioner Commissioner President Commissioner Last Position Last Position Current Position Last Position Last Position Re
Slide 33: Directors
Directors From Left to Right Tedi Setiawan Rio Lanasier Nancy Adistyasari Yuddy Renaldi Suartini Nia Kania Cecep Trisna Director of Director of IT, Treasury Director of President Director of Director of Director of Operations & International Banking Commercial & MSME Director Consumer & Retail Finan
Slide 34: Network Distribution
Network Distribution bjb Network 2Q21 2Q22 YoY North East Sumatera Kalimantan Office Channels 959 924 -35 Riau Branch 65 65 - Riau Island Sub Branch 308 835 +527 Cash Offices 332 - -332 South Sumatera Payment Point 173 - -173 bjb Priority 18 18 - Jakarta South MSME Center 6 6 - West Java Kalimantan
Slide 35: Human Capital
Human Capital Educational Breakdown Level 2Q21 2Q22 YoY Board of Commissioners 5 3 -2 Directors 7 7 - Master of Doctorar Top Management 36 34 -2 10% Senior Management 156 172 16 Up to Bachelor Degree Middle Management 646 656 10 90% First Line Management 1,503 1,679 176 Age Breakdown Staff 5,255 4,9
Slide 36: Shares and Ratings Information
Shares and Ratings Information Shares Issued shares 10,521,443,686 shares (June 30th, 2022) JCI BJBR June 30th, 2022 Price 1.375 IPO – July 8th, 2010 MCap Rp14,5 Tr Price 600 BV Rp13,6 Tr MCap Rp5,8 Tr BV Rp4,8 Tr 07-10 10-10 01-11 04-11 07-11 10-11 01-12 04-12 07-12 10-12 01-13 04-13 07-13 10-13 01
Slide 37: Environment, Social and Governance (ESG)
2Q 2022 Performance Environment, Social and Governance (ESG) 37
Slide 38: Sustainable Banking
Sustainable Banking Sustainable Portfolio Infrastructure Financing & Government Collaboration Rp. 8,4 Trillion bjb INDAH Financing for infrastructure project, government- related procurement and government short term deficit cash flow. Commercial Segment Corporate Segment Eco Friendly Renewable Ener
Slide 39: Sustainable Operation
Sustainable Operation Digital Village 2.0 Program Empowering MSME’s Paperless Movement Support digitalization in a number of administrative bjb PESAT Developing systems that processes and financial (Pemberdayaan Ekonomi Masyarakat Terpadu) can eliminate or reduce services in the Village paper use by
Slide 40: 2022 Awards
2022 Awards TOP 50 Big Capitalization Indonesia Inovation Awards Indonesia Best BUMD Infobank TOP BUMD 2022 Indonesia Customer Service Indonesia Property & Bank Best Bank 2022 KBMI 2 Public Listed Company 2022 – Financial Industry Awards 2022 Infobank Award 2022 ke-XVI dan Indonesia Investor Magazin
Slide 41: 2022 Awards
2022 Awards Indonesia Best 50 CEO Award Infobank TOP 100 Most Indonesia Most Popular Corporate Emissions Banking Service Excellence Tribun Jabar Editor Choice 2.0 3rd Anniversary Oustanding Women 2022 Digital Financial Branch Transparency Award 2022 Award Tribun Jabar The Iconomics Infobank Awards 2
Slide 42: Contact Information
Contact Information Contact Person Investor Relations Gekan Purnama Zainal Menara bank bjb 7th Floor IR Head Jl. Naripan 12 – 14 gzainal@bankbjb.co.id Bandung 40111 Dandelina Rifyandini +622 4234868 IR Manager ir@bankbjb.co.id drifyandini@bankbjb.co.id Disclaimer : This report has been prepared by P
PT Bank Pembangunan Daerah Jawa Barat dan Banten — Q2 2022 Earnings Presentation on 6ix