Pt Bank Permata Tbk Class A · IDX:BNLI
Pt Bank Permata Tbk Class A — Q2 2019 Earnings Presentation
36 slides from Pt Bank Permata Tbk Class A's earnings presentation, June 2019
Slide 1: PT Bank Permata Tbk Business and Financial Update
PT Bank Permata Tbk June 2019 Business and Financial Update Company Presentation
Slide 2: Disclaimer
Disclaimer Laporan ini disusun oleh PT Bank Permata Tbk secara independen dan diedarkan hanya untuk tujuan informasi umum. Hal ini tidak dimaksudkan untuk orang tertentu yang mungkin menerima laporan ini. Informasi dalam laporan ini telah diperoleh dari sumber-sumber yang kami anggap dapat dipercaya
Slide 3: Table of Contents
Table of Contents PermataBank in Brief ………………………………………………………………………..... 4 Company’s Profile ..…...……………………………………………………………………..... 5-8 Strategy Going Forward ……………………………………………………………………..... 9 Financial Highlights IS, B/S & Key Ratios ………………………………………………..... 10 - 16 Loan, Loan Quality & Cove
Slide 4: Permatabank in Brief
Permatabank in Brief Year Established 1955 Since 1990 at the Jakarta Stock Exchange and Surabaya Stock Listed at Stock Exchange (both merged and now known as the Indonesian Exchange Stock Exchange (BEI) IDX:JCI BNLI Total Asset (Jun-19) IDR 148 tn (consolidated) • 317 Branch Offices (including 3 Sha
Slide 5: Strong Shareholders Support
Strong Shareholders Support Publik • One of the largest Conglomerate Company in Indonesia in term of market valuation • Owning seven business lines which are managed by more than 230 companies and supported by more than 225,000 employees • Has a strong reputation through quality products and service
Slide 6: Network and Distribution across Cities
Network and Distribution are spread on 62 Cities across Nation We offer a variety of banking products in both conventional and Sharia schemes for individual, SME, commercial and corporate customers that are concentrated in the middle market corporates and value chain business segments 300 Convention
Slide 7: Vision and Mission
Vision and Mission ”Menjadi bank pilihan dengan • Berperan aktif sebagai mitra di bidang keuangan dan agen terus membina kemitraan dan pembangunan yang efisien bagi nasabah dan masyarakat. menciptakan nilai bermakna bagi • Memberikan layanan keuangan menyeluruh secara nasabah dan masyarakat”. sederh
Slide 8: I-PRICE
I-PRICE INTEGRITY PARTNERSHIP RESPONSIVENESS INNOVATION CARING EXCELLENCE Kita bekerja dengan Kita saling memahami dan Kita bekerja dengan cepat, Kita selalu berpikir inovatif Kita menaruh perhatian Kita memberikan layanan mengutamakan kejujuran, bersama-sama membangun akurat, dan efektif dalam untu
Slide 9: Consistent and Continuous Strategies
Consistent and Continuous Strategies A Build Financial Building Blocks - Through Discipline Execution • REVENUE: Grow customer (incl. partnership), deepen relationship (fee, cross-sell), increase NIM (e.g. pricing, unsecured lending, CASA), drive BETTER product/offerings • COST: Improve efficiency a
Slide 10: Financial Performance
PermataBant 6? Financial Performance
Slide 11: Performance Highlights
Performance Highlights * Profitability Grow Significantly with Continues Improvement in Credit Quality • PermataBank continues to build a strong banking performance by reporting more than double its net profit for the six months ended 30th Jun 2019. Net profit after tax increased 146% to Rp 711 bill
Slide 12: Performance Highlights
Performance Highlights * Maintain NPL Ratio Below 4% with Credit Enhancement and Conservative Provisioning • The gross NPL ratio and net NPL position in Jun 2019 improved significantly to 3.6% and 1.3%, respectively from 4.3% and 1.5% in Jun 2018. The gross NPL and net NPL position were at 4.4% and
Slide 13: Key Financial Highlights
Key Financial Highlights Jun 2018 Jun 2019 ∆ Loans (Rp Tn) 103.2 → 106.9 4.0% Gross NPL Ratio 4.3% → 3.6% -0.7% Net NPL Ratio 1.5% → 1.3% 0.2% NPL Coverage Ratio 211% → 157% -53.3% CASA Ratio 48% → 52% 3.9% [CASA (Rp Tn)] 57.3 → 58.5 2.0% LDR 86% → 93% 6.6% NIM 4.0% → 4.2% 0.2% BOPO 98% → 88% -11.0%
Slide 14: Financial Highlights - Income Statement
Financial Highlights - Income Statement (in IDR bn) Jun-19 Jun-18 YoY Q2-19 Q1-19 QoQ Net Interest Income 2,821 2,754 2% 1,431 1,390 3% Non Interest Income 918 793 16% 501 418 20% Revenue 3,739 3,548 5% 1,932 1,808 7% Operating Expense 2,359 2,351 0% 1,180 1,178 0% Staff costs 1,173 1,172 0% 592 581
Slide 15: Financial Highlights - Balance Sheet
Financial Highlights - Balance Sheet Composition (in IDR tn) Jun-19 Jun-18 YoY Jun-19 Cash 1.9 2.3 -14% 1% Placement with Bank Indonesia 13.5 24.7 -45% 9% Placement with Other Banks 3.3 6.6 -50% 2% Marketable Securities * 14.8 13.5 10% 10% Loans (gross) 107.0 103.2 4% 72% Allowance for Loan Impairme
Slide 16: Financial Highlights - Key Ratios
Financial Highlights - Key Ratios (in %) Jun-19 Dec-18 Jun-18 CET-1 ratio 18.4 17.6 17.3 Total CAR 19.8 19.4 19.6 LDR 93 90 86 CASA ratio * 52 48 48 ROA 1.2 0.8 0.5 ROE 7.1 5.0 3.3 BOPO 88 93 98 CIR 63 65 66 NIM 4.2 4.1 4.0 NPL Gross 3.6 4.4 4.3 NPL Ne t 1.3 1.7 1.5 NPL Coverage ratio 157 176 211 Re
Slide 17: Loan (IDR Tn)
Loan (IDR Tn) YOY 3.7% By Currencies* 17% 17% 17% 15% 105.0 106.6 104.5 107.0 83% 83% 83% 85% 103.2 97.6 Jun-18 Dec-18 Mar-19 Jun-19 IDR Non IDR Conventional vs Sharia* 14% 14% 14% 14% Dec-16 Dec-17 Jun-18 Dec-18 Mar-19 Jun-19 • Loan is grow by 3.7% YoY from Rp103.2 trillion to 86% 86% 86% 86% Rp106
Slide 18: Loan Quality and NPL Coverage
Loan Quality and NPL Coverage Loan by Collectability (% to total Loan) NPL and Coverage 20.0% 235% 240% 18.0% 4.3 tn 4.6 tn 3.7 tn 219% 219% 211% 210% 16.0% 4.3% 4.4% 3.6% 176% 181% 180% 173% 14.0% 9.9% 7.5% 157% 13.6% 150% 12.0% 10.0% 120% 8.0% 90% 85.8% 89.0% 6.0% 82.2% 60% 4.3% 4.4% 3.8% 4.0% 3.6
Slide 19: Deposits (IDR Tn)
Deposits (IDR Tn) IDR tn ** YoY Growth 5 (Ye ar) Deposits Dec-14 Dec-15 Dec-16 Dec-17 Jun-18 Dec-18 Jun-19 Dec-14 Dec-15 De c-16 Dec-17 De c-18 Jun-19 CAGR Current Account 26.7 29.6 31.3 30.0 28.2 28.1 29.19 5% 11% 6% -4% 2% 3% 2% Saving Account 24.3 25.5 29.4 27.8 29.0 28.8 29.33 13% 5% 15% -5% 5%
Slide 20: NIM improved to 4.2%
NIM improved to 4.2% 10.0% 8.4% 8.3% 8.4% 8.0% 7.9% 6.0% 4.8% 4.8% 4.7% 4.2% 3.8% 4.0% 4.2% 4.0% 4.0% 2.0% 0.0% Jun 17 Sep 17 Dec-17 Mar 18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Yield of Interest Earning Assets Cost of Interest Bearing Liabilities NIM Manageable cost of IBL and higher Yield of EA sligh
Slide 21: Non Interest Income
Non Interest Income Fees Income Ratio* (%) 45% Non Interest Income Jun-19 Jun-18 YoY (Consol, in IDR Bn) Amount % Comp. Amount % Comp. growth Net Treasury Trading 40% income 271 30% 32 4% 735% 37% Bancassurance 113 12% 130 17% -13% 35% Loan related fees 190 21% 157 20% 21% Debit and credit cards rel
Slide 22: Operating Expense
Operating Expense 5.0% 4.5% Growth of Operating Expenses (YOY) Operating Expense Jun-19 Jun-18 YoY 4.0% (Consol, in IDR Bn) Amount % Comp. Amount % Comp. Personnel 1,173 49.7% 1,172 49.9% 0.1% 3.0% Promotion 68 2.9% 58 2.5% 17.4% Information Technology 108 4.6% 101 4.3% 7.1% 2.0% Depreciation and 11
Slide 23: Capital – strong capital base to grow
Capital – strong capital base to grow Capital Ratios (%) Description Jun-18 Dec-18 Jun-19 19.6 19.8 19.4 Tier 1 Capital 18,677 19,641 20,836 18.1 15.6 18.4 Tier 2 Capital 2,520 2,097 1,630 17.3 17.6 Total Capital 21,197 21,737 22,466 15.2 RWA - Credit 92,153 95,817 95,779 11.8 RWA - Market 1,139 1,0
Slide 24: Shares and Rating
Shares and Rating Share Price & Trading Volume Rating Agencies Rating/Outlook Corporate Rating id AAA / Stable In IDR Pefindo Senior Bond Rating id AAA 1400 (Sep 2018) Thousands 700 Pre Basel-III Sub Debt Rating id AA+ 1260 1200 Basel-III Compliant Subordinated Bonds Rating id AA 600 Fitch National
Slide 25: Business Updates
PermataBant 6? Business Updates
Slide 26: Business Updates – Retail Banking (1/2)
Business Updates – Retail Banking (1/2) Total Loan Rp 61,9 Trillion increased by 3% compare to June-18. Supported from growth of: Rp 16.7 Trillion 9% Mortgage Credit Card & Rp 3.9 Trillion 23% Personal Loan Total 3rd Party Funds Rp 88,2 Trillion increased by 2% compare to June-18 Retail Banking cons
Slide 27: Business Updates – Retail Banking (2/2)
Business Updates – Retail Banking (2/2) We entered into partnerships with more business partners CCPL DIGITAL OPENING, Nov ‘18 AMARTHA Online CCPL account opening. Speed up CC and PL credit decision Channelling initiative and strategic partnership with Amartha to process with lower CPA accelerate UM
Slide 28: Business Updates – Wholesale Banking (1/2)
Business Updates – Wholesale Banking (1/2) Total Loan o The growth was mostly contributed from new acquisition and existing names from various segments with strong Rp 44,6 Trillion credit grade. o In overall WB managed to book 33 new debtors in 1H-19. increased by 5% compare to June-18. o WB good bo
Slide 29: Business Updates – Wholesale Banking (2/2)
Business Updates – Wholesale Banking (2/2) Launching “Business Made Simple” campaign to increase potential NFI deals from WB products (Trade, Cash, Value Chain & Global Market) 29
Slide 30: Business Updates – Shariah Banking (1/3)
Business Updates – Shariah Banking (1/3) Total Financing Rp 14.6 Trillion Steady growth by 1% compare to June-18 Supported by increase of (yoy) : Corporate Segment Rp 1.5 Trillion Mortgage Rp 401 Billion SME Rp 323 Billion Strategic Initiatives • Grow the low cost of fund product (CASA) especially T
Slide 31: Business Updates – Sharia Banking (2/3)
Business Updates – Sharia Banking (2/3) Key Initiatives Product Focus: Hajj Savings BILLBOARD Other Branding PERSIB PermataMobile X PermataKTA iB (existing – non Digital Origination) 31
Slide 32: 2019 Strategies – Syariah Banking (3/3)
2019 Strategies – Syariah Banking (3/3) Products proposition and target segments/ industries Digital Opening: • The First (potentially globally) Shariah Digital Opening • Through the complete features & offerings of Syariah products in PermataMobile X, we will become “The First (potentially globally
Slide 33: We launched our new mobile banking app PermataMobileX
Digital Banking We launched our new mobile banking app PermataMobileX PermataMobile X offers more than 200 features in one mobile banking app. Our customers now only need to deal with one super app that has all their accounts in one place. They can open CASA online, open Time Deposit, buy, sell
Slide 34: Our new Digital Banking capabilities
Digital Banking Our new Digital Banking capabilities While 2017 had been about building our technology foundation layer, 2018 was all about delivering digital capabilities so that they set us apart from our competition and taking PermataBank to the next level: TOUCH ID FACE ID VOICE ID Launched in A
Slide 35: Our new Digital Banking capabilities
Digital Banking Our new Digital Banking capabilities Many of our digital capabilities are leading edge and the FIRST in the markets delivering great customer experience and our brand value – simple, fast and reliable: BUY/SELL BONDS BUY/SELL MUTUAL FUND ON- ON-LINE LINE DIGITAL VALUE CHAIN Launched
Slide 36: Thank You
THANK YOU PT Bank Permata Tbk Investor Relations World Trade Center II Jl. Jend. Sudirman Kav. 29-31 Jakarta 12920 - Indonesia Phone: (62-21) 523 - 7899 / 7999 Website : www.permatabank.com Email: eti.candrawati@permatabank.co.id dapranoto@permatabank.co.id luthfi.farhana@permatabank.co.id Disclaime