PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk · IDX:BJBR
PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk — Bank BJB — Q2 2015 Earnings Presentation
45 slides from PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk's earnings presentation, 2015
Slide 1: Bigger, Stronger, Better - 2Q15 Company Report
Bigger, Stronger, Better bank bjb 2Q15 Company Report
Slide 2: Table of Content
Table of Content Pg.5 Target vs. Realization Pg.6 Key Ratios (bank only) Pg. 7 Income Statement Pg. 8 Balance Sheet Pg.9 Loans Breakdown Pg. 14 Deposit Breakdown Pg. 15 Asset Quality Pg. 18 Yield Analysis Pg. 20 Capital Adequacy Pg. 21 Consumer Loans Performance Pg. 28 Subsidiaries Performance Pg. 3
Slide 3: Macroeconomic indicators
GDP Growth BI Rate Consumer Confidence Index 10 140 120 8 Index (points) 100 6 80 (%) 4 60 40 2 20 0 0 CPI 1M JIBOR USDIDR 10Yr Govt Bond 14 13000 25 12 12000 20 10 11000 Yield (%) USD IDR 8 10000 15 (%) 6 9000 10 4 8000 5 2 7000 0 6000 0
Slide 4: YoY Growth of Loans and Deposits
40.0 Loans Growth Deposit Growth 35.0 30.0 • YoY Growth (%) 25.0 20.0 15.0 10.0 • 5.0 - • • Investment Loans WC Loans Consumer Loans 60 50 YoY Growth (%) 40 30 20 10 -
Slide 5: Target vs. Realization
Target vs. Realization bank bjb (%) Target 2Q14 3Q14 4Q14 1Q15 2Q15 Loans Growth 13%- 14% 14.6 11.7 9.5 10.9 11.0 Deposit Growth 14%- 15% 13.4 14.2 15.5 16.1 32.4 ROA (net) 1.4% - 1.7% 1.3 13 15 2.0 14 ROE (net) 16%- 19% 14.7 14.5 16.6 214 16.5 NIM 6.2% - 6.5% 6.4 6.7 6.8 6.8 6.0 Cost of Fund 5.2% -
Slide 6: Key Ratios (bank only)
Key Ratios (bank only) bank bjb Key Ratios 2Q14 3Q14 4Q14 1Q15 2Q15 Profitability ROA (net) 1.3 1.3 1.5 2.0 14 ROE (net) 14.7 14.5 16.6 214 16.5 Cost Ratios Cost to Income Ratio 59.8 59.4 61.8 59.3 67.5 Expenses Ratio 85.0 85.2 85.9 78.0 84.4 Yield Asset Yield 12.4 12.6 12.6 12.1 11.8 Cost of Fund 6
Slide 7: Income Statement
Income Statement Income Statement 2014 2Q15 ‘oy Interest Income 4,349 4,782 9.9% Interest Expense 2,229 2,449 9.9% Net Interest Income 2,120 2,332 10.0% Fee Based Income 155 200 29.3% Operating Expense 1,371 1,672 21.9% Gain (Loss) on Financial Statement 34 40 17.1% PPOP 938 900 -4.0% Loan Loss Prov
Slide 8: Balance Sheet
Balance Sheet bank bjb eo bal 2014 3014 4Q14 1015 2015 (a) Cash 1,984 1,763 2,768 1,726 2,422 22.1% Current Account with 4,861 4,839 5,178 5,127 7,317 50.5% Bank Indonesia Secondary Reserves 18,296 17,411 12,599 24,908 27,415 49.8% Loans~—net 46,554 47,602 48,028 48,280 50,951 9.4% Financing- net 3,
Slide 9: Loans Breakdown (bank only)
Loans Breakdown (bank only) Consumer mMicro mCommercial Mortgage 60 5 "| 45 430g 44945 43 A ce oe 40 + By 30 + (Rp tr) 20 | 36.2 299 «315 327 33.6 34.7 267 279 «289 . 10 + 0 1 : 1 . : . . SN ol oN oN GC EC Ss SF S F£ SF SC K , Segment YoY (Rp bn) 2014 2Q15 (%) Consumer 31,539 36,191 14.8% Micro 5,07
Slide 10: Consumer Loans
Consumer Loans Civil Servant Loans (LHS) mammm Pensioner Loans (LHS) 35 4 x0 ol —— NPL (RHS) 1.0 0.9 0.8 0.7 0.6 0.5 r 0.4 0.3 0.2 0.1 0.0 . YoY Key Indicators 2Q14 2Q15 (%) Loans Outstanding 31,539 36,191 148% (Rp bn) Net Expansion 9 KO) (Rp bn) 2,682 2,613 2.6% Avg. Loans Outstanding 91 101 10,1 %
Slide 11: Micro Loans
Micro Loans KMU (LHS) mamma Govt Program (LHS) mami Others (LHS) === NPL (RHS) 6.0 > r 30.0 25.0 r 20.0 r 15.0 F 10.0 Key Indicators 2Q14 2Q15 \oy Loans Outstanding 5,077 3,922 227% (Rp bn) Net Expansion (Rp bn) (276) (583) -111.0% Avg. Loans Outstanding 56 59 45% (Rp mn) No of Account 89,924 66,487
Slide 12: Commercial Loans
. : Commercial Loans bank bjb Working Capital (LHS) mmm Investment (LHS) YoY mmm Syndicated (LHS) —==NPL (RHS) Key Indicators 2Q14 2Q15 (%) 8.0 a Loans Outstanding GioR aseH As 14.0 (Rp bn) ‘ ‘ : 7.0 13.0 Net Expansion 9 12.0 (Rp bn) (167) 747 547.3% 6.0 a 10.0 Avg. Loans 5.0 9.0 Outstanding 862 1,2
Slide 13: Mortgage Loans
Mortgage Loans 5,000 4,500 4,000 500 Mortgage Loans (LHS) NPL (RHS) 4444 4480 4,503 4,282 4,280 4,143 [ | 3,911 | 3,506 r | 2,916 L OS oS a oN oC SP Sf S SL é 15.0 " YoY Key Indicators 2Q14 2Q15 (%) Loans Outstanding 4,282 4,503 52% (Rp bn) Net Expansion 7 9 (Rp bn) 371 59 84.1% Avg. Loans Outstandi
Slide 14: Deposit Breakdown (bank only)
Deposit Breakdown (bank only) bank bjb Current Account Savings Account mTime Deposit 90 - Deposits Breakdown 2014 2015 ‘ey (Rp bn) 80 - Current Account 21,766 27,860 28.0% 70 + Saving Account 8,995 9,798 8.9% 60 + Time Deposit 28,526 39,728 39.3% 50 + (Rp to TOTAL 59,288 77,385 30.5% 40 - CASA Ratio
Slide 15: Asset Quality
Asset Quality 2,500 2,000 1,500 (Rp bn) 1,000 500 Credit Provision (LHS) mamma Absolute NPL (LHS) Coverage Ratio (RHS) (%) & Gross NPL YoY Write Off (%) 2Q14 2Q15 (%) 2015 (Bank only) ° (Rp bn) Consumer 0.11 0.11 - 4 Micro 18.9 25.1 +6.2 214 Commercial 10.3 75 =2.8 220 Mortgage 45 6.9 +24 - Total 4.
Slide 16: Special Mention Loans
Special Mention Loans Consumer (LHS) Micro (LHS) mmm Commercial (LHS) y mmm Mortgage (LHS) ——% to Loans (RHS) Usues 2,000 Gb) 90% 1,800 + 4.0 80% 1,600 | tl 70% 1,400 r 3.0 60% 1,200 r 2.5 50% 1,000 P 2.0 40% 800 Special 600 |"? Spe 30% Absolute $peeial M@Ationl gan stip bigao 741 + 1.0 20% aiey 647
Slide 17: Non Performing Loans
EA Non Performing Loans bank bjb Consumer (LHS) Micro (LHS) mmm Commercial (LHS) Consumer mMicro mCommercial m Mortgage mmm Mortgage (LHS) ===% to Loans (RHS) 100% 5 2,500 + ; 45 9 9 10 11 90% - 13 16 r 4.0 80% - 2,000 + 22 22¢mm 26 r 3.5 70% ~ ib 31] F 3.0 (Rp bn) 60% - 1,500 p 2.5 50% - ; 2.0 1,00
Slide 18: Yield Analysis
Yield Analysis Others 0.9% A Placement to Asset Yield 2014 2Q15 Bank Indonesia Loans pie Placement to Bank Indonesia 46 45 67.1% oe Interbank Placement 3.3 47 Placement 2.8% Securities 6.3 5.8 Loans Yield 15.3 15.0 Marketable Securities Baia Others 0.9 0.8 Savings Account Cost of Fund 2Q14 2Q15 Inte
Slide 19: Customer Based
Customer Based Consumer mMicro Commercial Mortgage 100% > 90% ~ c 80% - 70% - 60% + 50% ~ Proportion (%) a8 79.9 lending) 748 743 743 749 752 759 772 786 30% - 20% - Government m=Corporate m Retail 0% ne & 100% - 90% 80% 70% 60% - Proportic Fundig| 30% - 20% + 10% - eo Xo 0 . , > o o eo FL CC 19
Slide 20: Capital Adequacy
Capital Adequacy ba ¢Total Capital to Rp 6.1tr (+Rp 562bn YoY) Risk Weighted 2Q14 2Q15 YoY (% Asset (RWA) Q Q (%) “Total CAR at 15.8% (0 bps YoY) Total RWA 34,719 38,264 10.2 % Addition to Credit Risk 26,386 28,893 9.5% , Risk RWA/ Net Impact CAR Analysis or to CAR Weighting RpitrNet (%) Operational
Slide 21: Consumer Loan Details
EA bank bjb Consumer Loan Details
Slide 22: Consumer Division Performance
Consumer Division Performance + Overall Consumer Loans at Rp 36.2tr (+14.8% YoY/ +4.4% QoQ) + Net Expansion of +Rp 4.6 tr YoY/ +1.1 tr QoQ Growth + Consumer Loans portfolio contribution total loans at 69.3% ( +322 bps YoY/ -59 bps QoQ) + Number of Customers 359,770 Accounts (+14,517 YoY/ +4,531 QoQ)
Slide 23: Consumer Loans
Consumer Loans bank bjb Civil Servant Loans (LHS) mammm Pensioner Loans (LHS) ====NPL (RHS) 40 5 1.0 Key Indicators 2Q14 2Q15 (oy 09 Loans Outstanding 31, 539 36,191 148% 35 4 (Rp bn) Pe 2 a a Net Expansi let Expansion 9 KO) 30 | i 2a (Rp bn) 2,682 2,613 2.6% @ ® 7 25 4 a Avg. Loans 0.6 Outstanding
Slide 24: Civil Servant Loans
Civil Servant Loans Civil Servant Loans (LHS) 30.9 20 - 0.12 0.11 0.11 on 011 0.08 —o— NPL (RHS) 31.9 0.09 33.0 0.10 0.5 0.4 0.3 0.2 0.1 0.0 n YoY Key Indicators 2Q14 2Q15 (%) Loans Outstanding 29,132 33,000 133% (Rp bn) Net Expansion “4010 (Rp bn) 2,293 2,063 10.1% Avg. Loans Outstanding 93 102 10.
Slide 25: Pensioner Loans
Pensioner Loans Pensioner Loans (LHS) 3,500 3,000 2,500 —=c— NPL (RHS) 3,191 2,000 (Rp tr) 1,500 1,000 500 0 ON aI a oN GN CONG Sa Sa Sa Ss Sa, SS SO 0.2 01 (%) 0.0 Key YoY Indicators 2Q14 2Q15 (%) Loans Outstanding 2,407 3,191 32.6% Net Expansion 9 (Rp bn) 389 550 41.5% Avg. Loans Outstanding 76 86
Slide 26: Special Mention Loans
Special Mention Loans ba Civil Servant Loans Contribution +0.2% YoY Civil ServantLoans _ ™ Pensioner Loans Civil Servant Loans (LHS) mmm Pensioner Loans (LHS) 100% —o— Special Mention Loans (RHS) 9 ws 100 r 0.5 90% 90 80% 80 r 0.4 70% | 60% 60 es an - 03 50% 50 897 895 972 872 862 g49 gag 882 964 40
Slide 27: Non Performing Loans
Non Performing Loans Civil Servant Loans (LHS) mamma Pensioner Loans (LHS) —o—NPL (RHS) 45 5 0.5 40 4 04 35 4 30 “ | a &§ vii 2 03 25 4 20 + 0.2 Absolute NPL (Rp bn) 34.3 313 32.0 15), 297 30.7 303 boD 25.7 10 | 1 or 01 OT 94 O14 on on | oO 54 0 0.0 NPL Pensioner Loans Contribution +1.9% YoY Civil S
Slide 28: Sharia Business Performance
\ > bank bjb Sharia Business Performance 2Q15 bank bjb Sharia
Slide 29: Result Summary
Result Summary Income Statement Balance Sheet Ratios (bank only) + Net Financing Income at Rp 151bn (+31.0% YoY) * Operating Expenses at Rp 186bn (+44.0% YoY) + Net Income at Rp 1.38bn (+112.1 % YoY) + Total Financing at Rp 5.0tr (+30.7% YoY) + Total Deposit at Rp 5.1tr (+27.8% YoY) + Total Asset at
Slide 30: Key Ratios
Key Ratios Sharia (%) 2Q14 2Q15 YoY CAR 16.9% 12.2% 47% NPF Gross 2.8% 7.2% +4.4% NPF Nett 2.4% 5.0% +2.6% ROA 0.1% 0.1% - ROE 0.2% 0.5% +0.3% NIM 5.9% 6.3% +0.4% BOPO 98.8% 98.7% -0.1% FDR 94.8% 88.5% -6.3%
Slide 31: Income Statement
Income Statement a 2014 2015 YoY Financing Income 277,005 355,912 28.5% Financing Expense 161,937 205,141 26.7% Net Financing Income 115,068 150,771 31.0% Other Operating Income 15,921 38,768 143.5% Operating Expense 129,447 186,386 44.0% Operating Income 1,542 3,153 104.5% Non Operating Income (Exp
Slide 32: Balance Sheet
Z Balance Sheet bank bjb ra 2014 2015 YoY Cash 32,210 47,963 48.9% Current Account with Bank Indonesia 148,044 243,202 64.3% Secondary Reserves 845,732 825,993 -2.3% Financing-net 3,770,307 4,879,565 29.4% Fixed Asset-net 164,870 159,965 -3.0% Other Asset 88,945 110,372 24.1% Total Asset 5,050,108 6
Slide 33: Sharia Performance
Sharia Performance bank bjb ‘Romn 2014 2015 (oy Murabahah (Trading) 2,417,967 3,644,184 50.7% Ijarah 26,679 57,996 117.4% Qardh (Bridging) 120,431 83,207 -30.9% Financing 1,254,303 1,208,475 -3.7% Istishna (Pawning) 5,213 3,582 -31.3% Total Gross Financing 3,824,593 4,997,444 30.7% pe 2014 2015 ‘oy
Slide 34: Company Profile
EA bank bjb Company Profile bank bjb
Slide 35: Ownership
Ownership @ West Java Provincial Government @ West Java Municipal Government @ Banten Provincial Government 1 Banten Municipal Government Public (B Series) Ownership Structure 2Q14 2Q15 Founder (A Series) 75.00 75.00 West Java Provincial Government 38,26 38,26 West Java Municipal Governments 23,61 2
Slide 36: Road Map
Road Map To Build Sustainable Growth And Excellent Performance Bank 2016-2017 2018 - 2019 Build Strong Foundation Quality Growth A Bank With Excellent Performance And Services Increasing Deposit Market Share Improving Loans Quality And Distribution Increasing Capital Adequacy Developing Support Func
Slide 37: Business and Strategic Alliances
Business and Strategic Alliances Sustainable Growth and Excellent Performance Bank olmproving Micro olmproving Loans oOrganic And olncreasing CASA Providing Trade o Enhancing Loans Quality Process Through Inorganic Growth Composition Finance, Remittances, Performance Of Four Eyes Principles Through
Slide 38: Distribution Network
Distribution Network bank bjb aay wok | = Total bjbemployees Others | 7,116 Deposits 2.6 Tr Pap: \| Total bjb customers Loans 3.5 Tr a \ : 4,682,120 Micro Loans 484 bn ed is | AED Profit 46 bn ie | \ 57,202 Customers | 13 Branch Offices E \ 13 Sub Branch Offices 4 Cash Offic 95 ATM Unit _ roeng bjb
Slide 39: Branch Network Details
Branch Network Details bank bjb No bjb Network 2Q14 2Q15 YoY 1 Branch 62 62 = 2 Sub Branch 304 312 +8 3 Cash Offices 142 315 +173 4 Payment Point 104 131 +27 5 ATM 969 1,201 +232 6 Waroeng bjb (A,B & C) 591 485 -106 7 Layanan bjb Precious 11 11 - 8 MSME Center 6 6 - 9 Mobile Cash 11 11 - 10 Weekend
Slide 40: - - - > - > 6% 1% - 17% 18 - 30 76%
18 - 30 31 - 40 41 - 50 > 50 41 - 50 > 50 6% 1% 31 - 40 17% 18 - 30 76%
Slide 41: 2014-2015 Awards
2014-2015 Awards bank bjb bank bib F PPBANK PEMBANGUNAN DAERAH JAWA BARAT DAN BANTEN THK Infobank-MRI 2014 Banking Service Excellent Awards- —_ Infobank-MRI 2014 Banking Service Excellent Awards- Indonesia WOW Brand Award 2014- Gold Champion 2"4 Best Phone Handling Commercial Banking 15tBest ATM Com
Slide 42: 2014-2015 Awards
2014-2015 Awards bank bjb INOVATOR PERLUASAN KEPESERTAAN BPJS KETENAGAKERJAAN 'MELALUI SERVICE POINT OFFICE (SPO) a BPJS Awards- Innovators For BPJS Participation — Reai A Infobank Awards - Financial Performance “Very Through Service Point Office (SPO) BPJS Awards - Regional Strategic Partner 2014 G
Slide 43: 2014-2015 Awards
2014-2015 Awards bank bjb Infobank Banking Service Excellence Award 2015 - Indonesia Property & Bank Award X 2015 15t Best SMS Banking Kategori Bank Umum Konvensional MNC Business Award 2015 - Kategori Best Listed Regional Bank
Slide 44: Share price and volume
Volume (RHS) Price (LHS) 1400 120 1300 100 1200 80 1100 Million Shares Rp/share 1000 60 900 40 800 20 700 600 0
Slide 45: bank bjb contact
FZ bank bjb Menara bank bjb JI. Naripan 12-14 7* Floor Bandung 40111 Telp. +6222 4234868