Pt Bank Maybank Indonesia Tbk Class A · IDX:BNII
Pt Bank Maybank Indonesia Tbk Class A — FY2024 Earnings Presentation
37 slides from Pt Bank Maybank Indonesia Tbk Class A's earnings presentation, Dec 31, 2024
Slide 1: Maybank Indonesia Financial Results FY 2024
Maybank Indonesia Financial Results FY 2024 ended 31 December 2024 Humanising Financial Services
Slide 2: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 33
Slide 3: Profit before tax recorded at Rp755 billion in 4Q 2024, up 8.1%
Profit before tax recorded at Rp755 billion in 4Q 2024, up 8.1% The gradual improvement in profitability is evident as reflected in improvement in PBT for the past three quarters following significant provisioning made in 1Q 2024 FY 2024 vs FY 2023 Profit Net Interest Fee Income Overhead Cost Provis
Slide 4: Loans growth across all segments
Loans growth across all segments Loans grew in the targeted segments paving for Continued to optimise low-cost stronger growth momentum funding FY 2024 vs FY 2023 FY 2024 vs FY 2023 Total NPL Impaired Loan Low Cost Fund Total LDR Ratio Loans Ratio Ratio (CASA) Deposits (Bank only) 10.0% 0.24%
Slide 5: Capital remains strong
Capital remains strong Strong and sufficient capital position FY 2024 vs FY 2023 Total Total Total CAR Asset RWA Capital 14.8% 10.1% 1.4% 2.19% Rp197.2 trillion Rp118.4 trillion Rp30.3 trillion 25.55% • Total Assets increased by 14.8% to Rp197.2 trillion supported by loans growth across all
Slide 6: Shariah Business Unit's financing grow by 5.0%
Shariah Business Unit’s financing grow by 5.0% Shariah Business Unit’s (UUS) financing growth was backed by increased demand in the commercial, SME sectors, as well as the four-wheelers financing segments FY 2024 vs FY 2023 UUS UUS UUS NPF Assets Financing CASA Ratio 4.7% 5.0% 12.1% 0.35% Rp
Slide 7: Subsidiaries continue to record solid performance
Subsidiaries continue to record solid performance Maybank Finance WOM Finance FY 2024 vs FY 2023 FY 2024 vs FY 2023 MIF PBT MIF WOM PBT WOM Financing Financing 1.7% 2.9% 2.8% 0.9% Rp581 billion Rp7.9 trillion Rp329 billion Rp6.2 trillion • Maybank Finance’s PBT was recorded at Rp581 billion,
Slide 8: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 33
Slide 9: Income Statement - Consolidated
Income Statement - Consolidated Rp billion FY 2024 FY 2023 YoY 4Q 2024 3Q 2024 QoQ 4Q 2023 YoY Interest Income 13,062 11,884 9.9% 3,407 3,339 2.0% 3,126 9.0% Interest Expense (5,957) (4,650) 28.1% (1,631) (1,524) 7.0% (1,300) 25.4% Net Interest Income 7,105 7,234 -1.8% 1,776 1,815 -2.1% 1,825 -2.7%
Slide 10: Total loans grew 10.0% driven by super growth strategy implemented since early 2024
Total loans grew 10.0% driven by super growth strategy implemented since early 2024 Total Loans (Rp trillion) & LDR Loans Portfolio Breakdown 100.35% 102.24% 101.27% 101.85% Rp trillion Dec-24 Sep-24 Dec-23 YoY QoQ 96.32% Global Banking 44.7 42.6 41.7 7.2% 5.0% CFS 82.9 79.8 74.3 11.6% 3.9% 90.77% 8
Slide 11: Improvement in asset quality year-on-year although impacted by proactive credit risk management in 1Q 2024
Improvement in asset quality year-on-year although impacted by proactive credit risk management in 1Q 2024 NPL (consolidated) 2.92% 2.67% 2.66% 2.91% 2.68% Gross NPL Net NPL 1.88% 1.73% 1.72% 1.65% 1.42% Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Gross Impaired Loans (consolidated) 3.93% 4.27% 4.26% 3.70% 3
Slide 12: Customer deposits grow with improvement in CASA acquisition
Customer deposits grow with improvement in CASA acquisition Customer Deposits by Business Segment Customer Deposits Breakdown Rp trillion Dec-24 Sep-24 Dec-23 YoY QoQ 27% 25% Current Account 39.6 37.5 35.8 10.8% 5.6% Global Banking Dec-23 Dec-24 Saving Account 23.3 23.6 23.2 0.3% -1.3% CFS 73% 75% C
Slide 13: Fee income recorded at Rp2.2 trillion, an increase of 5.8%
Fee income recorded at Rp2.2 trillion, an increase of 5.8% compared to previous year Rp billion Dec-23 Dec-24 5.8% 6.2% >100%% 33.8% 29.1% 2,152 2,035 1,885 1,460 393 369 187 124 -6 -226 Total Fee Income Fees and commissions other Gains/(losses) on foreign Gains/(losses) on sale of Other f
Slide 14: Higher Opex by 8.5% as we continue to invest in IT capability and security
Higher Opex by 8.5% as we continue to invest in enhancing IT capability and security, and delivery of several M25+ key initiatives Rp billion Dec-23 Dec-24 8.5% 8.2% 8.9% 6,300 5,805 3,245 3,055 3,000 2,805 Total Operating Expenses Personnel G&A Breakdown of G&A Dec-24 Dec-23 YoY General 752 6
Slide 15: Strong and sufficient capital position to support business growth
Strong and sufficient capital position to support business growth 27.74% 25.65% 24.78% 25.55% 23.48% 123,870 121,003 115,603 118,398 107,548 29,839 29,651 29,083 29,981 30,256 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Risk Weighted Assets (Rp Billion) Total Capital (Rp Billion) CAR Capital Ratios Dec-23 Ma
Slide 16: Balance Sheet - Consolidated
Balance Sheet - Consolidated Rp billion Dec-24 Sep-24 Dec-23 YoY QoQ Loans 127,581 122,367 116,002 10.0% 4.3% Other Earning Assets 48,308 45,437 38,906 24.2% 6.3% Other Assets 21,291 21,514 16,895 26.0% -1.0% Total Assets 197,180 189,318 171,803 14.8% 4.2% Deposits from Customer 119,004 115,882 115,
Slide 17: Financial Ratios
Financial Ratios Dec-24 Sep-24 Dec-23 YoY Dec-24 Sep-24 Dec-23 YoY Consolidated Bank Only a b c (a-c) a b c (a-c) Profitability Profitability Return On Assets 0.85% 0.61% 1.41% -0.56% Return On Assets 0.54% 0.34% 1.09% -0.55% Return On Equity (Tier 1) 3.93% 2.64% 6.20% -2.27% Return On Equity (Tier
Slide 18: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 33
Slide 19: Shariah Business Unit's financing growth backed by increased demand in commercial, SME, and four-wheelers
Shariah Business Unit’s (UUS) financing growth backed by increased demand in the commercial, SME, and four-wheelers financing segments Financing Total Asset Deposits Rp billion Rp billion Rp billion 4.7% 4.9% 5.0% 42,964 36,784 41,040 35,074 31,749 -2.8% 30,240 16,545 17,021 +12.1% TD 20,238 C
Slide 20: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 33
Slide 21: Key Highlight of Digital Initiatives 4Q 2024
Key Highlight of Digital Initiatives 4Q 2024: M2U transaction growth trends are maintained and more features have been launched M2U QR Pay M2E • 16% YoY growth in M2U • More than 230K deposit • QR Pay & QR Cardless • Total financial transaction transactions volume with accounts have been Withdrawal
Slide 22: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 33
Slide 23: Maybank Finance
Maybank Finance Revenue and Profit Before Tax Asset Quality Rp billion 1.4% 1,099 1,114 1.7% 0.31% 0.26% 0.26% 571 581 0.21% 0.22% 0.15% 0.15% 0.15% 0.11% 0.10% Dec-23 Dec-24 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Revenue Profit Before Tax NPL Gross NPL Net Financing Unit Financing (unit) Rp billion
Slide 24: WOM Finance
WOM Finance Revenue and Profit Before Tax Asset Quality Rp billion 8.6% 2,167 1,995 2.45% 2.06% 2.07% 1.97% 1.85% 2.8% 1.16% 0.87% 0.95% 0.82% 0.88% 320 329 Dec-23 Dec-24 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Revenue Profit Before Tax NPL Gross NPL Net Financing Unit Financing (‘000 unit) Rp billio
Slide 25: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 33
Slide 26: Sustainable Finance Portfolio
Sustainable Finance Portfolio Sustainable Finance Portfolio reached Rp22.09 trillion as of Dec24 Contributing 19.4% to the Bank’s loan portfolio Energy Efficiency Management of Natural Products that Can Reduce Resources and Use of Resources and Sustainable Land Use Produce Less Pollution (Eco-effici
Slide 27: Sustainability-related Events
Sustainability-related Events Events Highlights Pelatihan Penguatan Literasi Untuk Guru Maybank Indonesia As a series of Global CR Day 2024, Maybank Indonesia continue the literacy movement activity, "Negeri di Awan" project. This initiative, rolled out across 66 locations nationwide, aimed to enhan
Slide 28: Maybank Group Sustainability Commitments
Maybank Group Sustainability 4 Commitments COMMITMENT 1 COMMITMENT 2 1 Mobilising RM80 Billion in Sustainable Finance* by 2025 2 Improve the Lives of 2 Million Households Across ASEAN by 2025 COMMITMENT 3 COMMITMENT 4 Living Sustainability - Achieving 1 Million 3 4 Carbon Neutral position for Scope
Slide 29: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 33
Slide 30: Our Presence
Our Presence 1988- 2014- 1959 2008 2019 2023 2024 1989 2015 Established in • Obtained license for Acquired by Malayan • Launched the Shariah Launched the new Provided Indonesia’s TIME World’s Best 15 May 1959 foreign exchange Banking Berhad First Strategy M2U mobile banking first ever Shariah Compan
Slide 31: Board of Commissioners
Board of Commissioners Dato’ Khairussaleh Ramli Edwin Gerungan Datuk Lim Hong Tat Dato’ Zulkiflee Abbas Abdul Hamid President Commissioner Commissioner Commissioner Commissioner Hendar Marina R. Tusin Achjar Iljas Putut Eko Bayuseno Daniel James Rompas Independent Commissioner Independent Commission
Slide 32: Directors
Directors Steffano Ridwan Irvandi Ferizal Effendi Widya Permana Ricky Antariksa President Director Director Director Director Director Bambang Andri Irawan Yessika Effendi Shaiful Adhli Bin Yazid Romy Hardiansyah Bianto Surodjo Director Director Director Director Director 32
Slide 33: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 33
Slide 34: Innovations and Efforts as Indonesia's Leading Financial Institution Translates into Notable Achievements
Innovations and Efforts as Indonesia’s Leading Financial Institution Translates into Notable Achievements Some of Maybank Indonesia’s Notable Achievements in 4Q 2024 Asian Experience Awards 2024 for SME Investortrust ESG Awards 2024 Banking category Gold Star Award in Medium Cap category This award
Slide 35: Event Highlights in 4Q 2024
Event Highlights in 4Q 2024 October November December ● 23 October ● 29 November ● 20 December Maybank Indonesia and Sarana Multi Infrastruktur Allianz Life Syariah Indonesia, Maybank Indonesia, and Maybank Indonesia and Edelweiss Healthcare Group signed IB Mudharabah recurring promissory financing
Slide 36: Thank You
Thank You Humanising Financial Services
Slide 37: PT Bank Maybank Indonesia Tbk Investor Relations
PT Bank Maybank Indonesia Tbk Investor Relations Sentral Senayan III Jl. Asia Afrika No. 8, Gelora Bung Karno Jakarta 10270, Indonesia Tel : (62-21) 2922 8888 Fax : (62-21) 2922 8799 Email : InvestorRelations@maybank.co.id www.maybank.co.id Disclaimer : Please note that some of the statements in thi
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