Kina Securities Ltd. · ASX:KSL
Kina Securities — Shareholder Meeting (May 2017)
13 slides from Kina Securities's shareholder meeting presentation, May 16, 2017
Slide 1: Annual General Meeting 2017
For personal use only Kina Securities Ltd Full year results – December 2016 February 2017 Kina Securities Ltd Annual General Meeting 2017 May 2017
Slide 2: Important notice and disclaimer
Important notice and disclaimer You must read this notice before reading or making any use of this document Not financial product advice: The information contained in this Presentation is not, For personal use only or any information contained in this document. By accepting this document, and should
Slide 3: Statutory Profit After Tax
For personal use only Statutory Profit After Tax (PGK Mln) 41.0 5.0 Dec-15 Dec-16 3
Slide 4: Corporate Highlights
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Slide 5: Lending, deposits, banking and funds management highlights
Lending up 62% to PGK606 million, driven by customer service, strong management and | new product offerings. Maybank integration completed. Banking New mobile products, improved systems and online services. Kina customers can access all ATMs in PNG, and a vast network of EFTPOS terminals. Deposits u
Slide 6: 2017 Year to Date
2017 Year to Date For personal use only • Loan growth 10% as at April • Lending Market Share increased from 2.8% (April 2016) to 5.5% (April 2017) • Loan Impairment Expense remains low @ 0.15% (improvement of 0.48% Dec17). Total Arrears 4.3% (improvement from 5.8% Dec17) • Launched new Housing Loan
Slide 7: New Vision City Branch
New Vision City Branch For personal use only • Opened New Concept Branch – May 2017 • Early customer response positive 7
Slide 8: 2017 Year to Date
2017 Year to Date For personal use only • Asia Development Bank • Signed Agreement for Trade Finance Program • Banking Software Upgrade • Expected to be completed during last quarter • Nasfund Mandate on track 8
Slide 9: Market Update
Market Update • FX For personal use only • First half revenue impact of K10m as a result • Kina targeting a permanent and diverse USD correspondent banking partner • NIM (Net Interest Margin) • NIM impacted by high interest expense ad competitive loan pricing • NIM at lower end of target range in fi
Slide 10: Outlook
Outlook For personal use only • Competitive pricing for new lending • Competition for low cost deposits continued from last year to first quarter 17 • As mentioned, FX income has been impacted by lack of on-boarding of USD correspondence banking partners • The company continues to make investments f
Slide 11: Priorities
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Slide 12: Priorities
Priorities For personal use only Kina remains focused on delivering its key operational priorities for 2017. These include: • Establishing a diverse and permanent USD correspondent banking relationship • Continued growth of the low-cost deposit base • Leveraging our relationships with key superannua
Slide 13: For personal use only
For personal use only