Commercial International Bank - Egypt (cib) S.a.e. · EGX:COMI
Commercial International Bank - Egypt (cib) S.a.e — Commercial International Bank - Egypt (CIB) — Q3 2019 Earnings Presentation
31 slides from Commercial International Bank - Egypt (cib) S.a.e's earnings presentation, November 2019
Slide 1: Investor Relations Presentation 3Q2019
INVESTOR RELATIONS PRESENTATION 3Q2019
Slide 2: Table of Contents
TABLE OF CONTENTS Overview …… 4 About CIB …… 10 Financial Review …… 25 Conclusion …… 30
Slide 3: Disclaimer
Overview | About CIB | Financial Review | Conclusion Disclaimer By attending the meeting where this presentation is made or distributed, or by reading the presentation slides, you agree with the following limitations: • The information in this presentation may contain future projections and forward‐
Slide 4: Egypt's Fact Sheet
Overview | About CIB | Financial Review | Conclusion Egypt’s Fact Sheet Country Profile Diversified Economy¹ Name Arab Republic of Egypt Capital Cairo Currency Egyptian Pound (EGP) Total area c.1,002,000 sqm.km Inhibited area 7.88% of total area Governorates 27 Favorable Demographics Population 99.5
Slide 5: Macro-Environment - Real Sector
Overview | About CIB | Financial Review | Conclusion Macro-Environment- Real Sector Real GDP Growth* (%) Inflation (%) Reform-led boom 34.9% 33.3% Global financial 30.5% 7.1% 7.2% crisis 25.5% 19.9% Post-uprising 5.3% 14.4% 5.1% 5.1% 4.7% turmoil 11.9% 11.6% 11.6% 10.9% 8.6%8.9%7.9% 9.2%8.9% 11.1% 8
Slide 6: External Sector (BOP)
Overview | About CIB | Financial Review | Conclusion External Sector (BOP) Tourism and Remittance proceeds (USD mn) FDI (USD mn) 26,393 25,151 13,237 21,816 18,519 19,330 17,077 8,113 7,933 7,720 12,571 6,758 6,380 6,933 5,903 9,804 7,370 3,982 3,753 4,178 5,073 4,380 2,189 3,768 13/14 14/15 15/16 1
Slide 7: Egypt's Banking Sector
Overview | About CIB | Financial Review | Conclusion Egypt’s Banking Sector Total loans (EGP bn) Total deposits (EGP bn) LDR (%) 1,840 1,796 4,007 4,026 1,619 3,569 1,418 49% 49% 47% 45% 46% 45% 3,042 46% 44% 41% 41% 937 2,123 714 1,740 584 1,434 503 545 1,191 471 965 1,027 10/11 11/12 12/13 13/14 1
Slide 8: Egypt's Banking Sector (Cont'd)
Overview | About CIB | Financial Review | Conclusion Egypt’s Banking Sector (Cont’d) Total # of branches Total # of ATMs Total # of POS Jun'19 4,298 Jun'19 12,656 Jun'19 79,952 17/18 4,155 17/18 11,754 17/18 72,503 16/17 4,009 16/17 10,701 16/17 68,630 15/16 3,882 15/16 9,031 15/16 64,349 14/15 3,76
Slide 9: Why Egypt?
Overview | About CIB | Financial Review | Conclusion Why Egypt? Economic Environment Attracts Investments Among the most diverse in the MENA region Approved IMF Loan signaling a tremendous confidence boost in Egypt's ability to release its New Suez Canal economic potential in a sustainable way New C
Slide 10: CIB's Key Milestones
Overview | About CIB | Financial Review | Conclusion CIB’s Key Milestones 1st joint venture Following Chase Egypt’s largest 1st Egyptian bank 1st private sector • Only bank in Egypt bank in Egypt; Manhattan local bank IPO, to have a GDR bank with to be awarded JP • RW led consortium Chase National d
Slide 11: CIB's Key Milestones (Cont'd)
Overview | About CIB | Financial Review | Conclusion CIB’s Key Milestones (Cont’d) • 2nd consecutive year to be named 1st Egyptian bank to establish • Launched mobile banking • Actis Sold 2.6% in open market in ‘World’s Best Emerging Markets Bank’, a Sustainable Development application March, then s
Slide 12: CIB's Associates & Subsidiaries
Overview | About CIB | Financial Review | Conclusion CIB’s Associates & Subsidiaries Ownership 32.5% Ownership 23.5% Profile: Offers a full suite of security services; Profile: an “Agent Bank” financial services; Registration Private Premises Cash-in- Loans and Retail Cash and security protection Tr
Slide 13: Our Presence in Egypt
Overview | About CIB | Financial Review | Conclusion Our Presence in Egypt CIB’s footprint Digital Banking Initiatives Distribution Network Digital Banking Highest Activity Rate in the Egyptian market 203 Total Branches and Units 9,205,054 Website Visits reaching 16% Launched CIB's new Mobile Ba
Slide 14: CIB's Presence in Africa
Overview | About CIB | Financial Review | Conclusion CIB’s Presence in Africa CIB foresees tremendous growth across the continent and is working towards increased collaboration among African countries, financial institutions and individuals to expand markets and to bolster trade World Economic Forum
Slide 15: Lines of Business and Credit Rating
Overview | About CIB | Financial Review | Conclusion Lines of Business and Credit Rating Profile Institutional Banking Consumer Banking • Market leader • The take-off for a world class consumer banking Profile • Prime contributor to profitability franchise • Large and medium-size corporates (MNCs, i
Slide 16: Business Banking
Overview | About CIB | Financial Review | Conclusion Business Banking Covers all sectors and industries through over 70 highly trained Relationship Serves SMEs through a comprehensive range of financial solutions Managers across Egypt 2010 2011 2013 2015 2016 2017 2018 2019 Pilot launch Formal launc
Slide 17: Our Stock in a Nutshell
Overview | About CIB | Financial Review | Conclusion Our Stock in a Nutshell STOCK EXCHANGES TICKER SHARE INFORMATION 52 WEEKS PERFORMANCE Listed Egyptian Exchange (EGX) COMI Shares outstanding 1,458,540,800 High EGP 84.02 Listed London Stock Exchange (LSE) CBKD Par value EGP 10.00 Low EGP 53.60 GDR
Slide 18: Shareholding Structure
Overview | About CIB | Financial Review | Conclusion Shareholding Structure Free Float by Region North America (57.09%) Africa (12.72%) GCC (10.14%) Continental Europe (7.73%) UK & Ireland (7.34%) Rest of the World (4.94%) Free Float by Category Institutions (92.70%) Free Float (93.4%) Fairfax (6.6%
Slide 19: Corporate Governance
Overview | About CIB | Financial Review | Conclusion Corporate Governance Commitment to Sound Corporate Governance Practices Continues to Define CIB This commitment is supported by several mandates: The Board’s main responsibilities include: Internal policies, risk controls, and manuals have been pu
Slide 20: Board of Directors
Overview | About CIB | Financial Review | Conclusion Board of Directors The Board enjoys significant diversity, leadership, skills, operating experience and professionalism in a broad set of industries Complying with best international practices, an independent Lead Director is appointed The Board a
Slide 21: Our Strategy
Overview | About CIB | Financial Review | Conclusion Our Strategy Today Tomorrow Financial Quality loan growth, • Positioned as trade finance hub for Egypt & Africa Deposit growth, with focus on Transactional banking • Focus on SMEs & underpenetrated retail banking segment Performance increasing pro
Slide 22: Business Continuity & Resilience Management
Overview | About CIB | Financial Review | Conclusion Business Continuity & Resilience Management Initiatives Pioneer in implementing international standards and best practices; established in 2010; ahead of all major players in the market CIB continues to invest in further improving its business con
Slide 23: Cyber & Information Security
Overview | About CIB | Financial Review | Conclusion Cyber & Information Security Initiatives Security is a major area of focus for CIB Strong Security Governance & policies aligned with International Standards and Best Practices CIB continues to invest in further improving its Cyber & Information S
Slide 24: Awards and Recognition
Overview | About CIB | Financial Review | Conclusion Awards and Recognition 2019 Best Online Deposit, Best Online Portal Best Information Security Credit and Investment Services - by Global and Fraud Management Product Offerings - by Finance - by Global Finance Global Finance Best Integrated Best in
Slide 25: Performance Snapshot: September 30th 2019
Overview | About CIB | Financial Review | Conclusion Performance Snapshot: September 30th 2019 Key Indicators 9M19 Comparison Commentary REVENUES EGP 16.9bn EGP 15.2bn; 9M18 11% YoY Profitability NPAT EGP 8,538mn EGP 7,019mn; 9M18 22% YoY ROAE 27.8% 31.8%; 9M18 -13% YoY ROAA 3.18% 3.01%; 9M18 6% YoY
Slide 26: Performance Snapshot: Funding Overview
Overview | About CIB | Financial Review | Conclusion Performance Snapshot: Funding Overview Funding Structure Due to Customers (94.29%) Other Liabilities (4.11%) Other Loans (1.04%) Due to Banks (0.56%) Customer Deposit Mix Demand (30.48%) CDs (28.96%) Savings (22.84%) TDs (16.41%) Other (1.30%) CIB
Slide 27: 10-Year Performance Summary
Overview | About CIB | Financial Review | Conclusion 10-Year Performance Summary 2.89% 2.92% 2.93% 2.94% 2.95% 3.03% 2.71% 2.69% 2.51% 57.5% 37.3% 55.5% 53.2% 2.03% 50.2% 35.3% 36.8% 342,461 43.2% 40.0% 36.6% 106.38 294,782 85,506 267,544 75,425 88.4 64,255 85.4 71.5 179,500 56.8 63.4 48.8 54.6 143,
Slide 28: Position Among Peers
Overview | About CIB | Financial Review | Conclusion Position Among Peers Total Assets (EGP bn) Net Income (EGP mn) Gross Loans/Deposits CAE 52 CAE 1,310 CIB 40.4% Alex 98 Alex 1,679 Alex 49.2% HSBC 102 AAIB 1,712 HSBC 49.8% AAIB 212 HSBC 2,953 AAIB 55.8% QNBA 249 QNBA 4,029 CAE 57.1% CIB 361 CIB 5,
Slide 29: Market Share
Overview | About CIB | Financial Review | Conclusion Market Share 8.5% 8.6% 8.5% 8.5% 8.6% 8.5% 8.5% 8.4% 8.4% 8.4% 8.4% 8.3% 8.3% 8.4% 8.4% 8.3% 8.3% 8.3% 8.1% 8.1% 8.1% 7.9% 8.0% 7.9% 7.8% 7.7% 7.8% 7.7% 7.6% 8.2% 8.2% 8.2% 7.6% 7.6% 7.5% 7.5% 7.5% 7.6% 7.6% 7.5% 7.5% 7.5% 7.4% 8.0% 7.4% 7.5% 7.4%
Slide 30: Why CIB?
Overview | About CIB | Financial Review | Conclusion Why CIB? Profitability NPAT EGP 3,183mn Revenues EGP 6,060mn Extremely skilled Highly qualified Among the best and experienced Board of Directors Investor Relations Management Team teams Asset Quality Direct Coverage Ratio NPL/Gross loans 5.27%* 1
Slide 31: Thank You!
Overview | About CIB | Financial Review | Conclusion Thank You! For more information, please visit our website; www.cibeg.com To read about the projects that the CIB Foundation has helped support, and to know ways in which you can donate, please visit www.cibfoundationegypt.org Investor Relations co
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