Pt Bank Permata Tbk Class A · IDX:BNLI
Pt Bank Permata Tbk Class A — Q3 2019 Earnings Presentation
35 slides from Pt Bank Permata Tbk Class A's earnings presentation, September 2019
Slide 1: PT Bank Permata Tbk Business and Financial Update
PT Bank Permata Tbk September 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 ..…...……………………………………………………………………..... 5-7 Strategy Going Forward ……………………………………………………………………..... 8 Financial Highlights IS, B/S & Key Ratios ………………………………………………..... 10 - 15 Loan, Loan Quality & Cove
Slide 4: PermataBank in Brief
PermataBank in Brief Year Established 1955 Controlling Shareholders Listing at the Bourse Since 1990 at the Jakarta Stock Exchange and Surabaya Stock Exchange (both merged and now known as the Indonesian Stock Exchange (BEI) One of the largest listed companies in Asset **) Rp 155 tn (consolidated)
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: 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 7: 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 8: 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 9: Financial Performance
PermataBtant SP FINANCIAL PERFORMANCE
Slide 10: 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 in 3rd Quarter 2019 (Q3-19), ended 30th September 2019 (“Sep-19”). Net profit after tax in
Slide 11: Performance Highlights
Performance Highlights * Maintain NPL Ratio Below 3.5% with Credit Enhancement and Conservative Provisioning • The gross NPL ratio and net NPL position in Sep-19 improved significantly to 3.3% and 1.2%, respectively from 4.8% and 1.7% in Sep -18. All these figures were well within the prevailing reg
Slide 12: Key Financial Highlights
Key Financial Highlights Sep 2018 Sep 2019 ∆ Loans (Rp Tn) 107,0 → 107,6 1% Gross NPL Ratio 4.8% → 3.3% -1.5% Net NPL Ratio 1.7% → 1.2% -0.5% NPL Coverage Ratio 189% → 164% -25% CASA Ratio 47% → 50% 3% [CASA (Rp Tn)]* 55.0 → 59.7 2.0% LDR 91% → 88% 3% NIM 4.0% → 4.2% 0.2% BOPO 96% → 87% -9% CIR 65%
Slide 13: Financial Highlights - Income Statement
Financial Highlights - Income Statement (in IDR bn) Sep-19 Sep-18 YoY Q3-19 Q2-19 QoQ Net Interest Income 4,286 4,170 3% 1,465 1,431 2% Non Interest Income 1,425 1,170 22% 507 501 1% Revenue 5,711 5,340 7% 1,972 1,932 2% Operating Expense 3,581 3,484 3% 1,222 1,180 4% Staff costs 1,764 1,758 0% 591
Slide 14: Financial Highlights - Balance Sheet
Financial Highlights - Balance Sheet Actual Actual Composition (in IDR tn) Sep-19 Sep-18 YoY Dec-18 YTD Sep-19 Sep-18 ∆ Cash 1.8 1.6 10% 2.2 -17% 1% 1% 0% Placement with Bank Indonesia 14.8 21.2 -30% 16.6 -11% 10% 14% -4% Placement with Other Banks 7.3 4.2 73% 6.6 9% 5% 3% 2% Marketable Securities *
Slide 15: Financial Highlights - Key Ratios
Financial Highlights - Key Ratios (in %) Sep-19 Dec-18 Sep-18 CET-1 ratio 18.6 17.6 17.1 Total CAR 19.8 19.4 19.2 LDR 88 90 91 CASA ratio * 50 48 47 ROA 1.3 0.8 0.6 ROE 7.1 5.0 3.7 BOPO 87 93 96 CIR 62 65 65 NIM 4.2 4.1 4.0 NPL Gross 3.3 4.4 4.8 NPL Net 1.2 1.7 1.7 NPL Coverage ratio 164 176 189 Sou
Slide 16: Loan
Loan Loans Growth (IDR tn) By Currencies* YOY 0.6% 17% 17% 15% 105.0 107.0 106.6 107.0 107.6 83% 83% 85% 97.6 Sep-18 Dec-18 Sep-19 IDR Non IDR Dec-16 Dec-17 Sep-18 Dec-18 Jun-19 Sep-19 Conventional vs Sharia* • PermataBank recorded a marginal loan growth of 1.0% 15% 14% 14% contributed by Retail Ban
Slide 17: Loan Quality and NPL Coverage
Loan Quality and NPL Coverage Loan by Collectability (% to total Loan) NPL and Coverage 20.0% 240% 235% 5.1 tn 224% 18.0% 4.6 tn 3.6 tn 210% 16.0% 4.8% 4.4% 3.3% 189% 176% 14.0% 180% 164% 168% 9.9% 7.3% 11.2% 150% 12.0% 10.0% 120% 84.1% 85.8% 89.4% 8.0% 90% 6.0% 60% 4.8% 4.4% 4.0% 3.3% Sep-18 Dec-1
Slide 18: Deposits
Deposits IDR tn ** YoY Growth 5 (Year) Deposits Dec-15 Dec-16 Dec-17 Sep-18 Dec-18 Sep-19 Dec-15 Dec-16 Dec-17 Dec-18 Sep-19 CAGR Current Account 29.6 31.3 30.0 27.6 28.1 30.73 11% 6% -4% 2% 11% 3% Saving Account 25.5 29.4 27.8 27.4 28.8 28.95 5% 15% -5% 5% 6% 4% Total CASA 55.1 60.8 57.8 55.0 56.9
Slide 19: NIM improved to 4.2%
NIM improved to 4.2% 10.0% 8.2% 8.4% 8.4% 8.0% 7.9% 6.0% 4.6% 4.7% 4.6% 4.3% 4.0% 4.2% 3.9% 4.0% 4.2% 2.0% 0.0% Sep 17 Dec-17 Mar 18 Jun-18 Sep-18 Dec- 18 Mar-19 Jun-19 Sep-19 Yield of Interest Earning Assets Cost of Interest Bearing Liabilities NIM • Lowering BI benchmark rate in Q3 was followed by
Slide 20: Non Interest Income
Non Interest Income Fees Income Ratio* (%) Non Interest Income Sep-19 Sep-18 YoY 40% (Consol, in IDR Bn) Amount % Comp. Amount % Comp. growth 37% Net Treasury Trading 35% income 271 19% 149 13% 82% Bancassurance 180 13% 189 16% -5% Loan related fees 291 20% 248 21% 17% 30% Debit and credit cards rel
Slide 21: Operating Expense
Operating Expense Cost to Income Ratio* (%) Operating Expense Sep-19 Sep-18 70% YoY 65% 65% 65% (Consol, in IDR Bn) Amount % Comp. Amount % Comp. 65% 63% 62% Personnel 1,764 49.3% 1,758 50.4% 0% 60% Promotion 114 3.2% 105 3.0% 9% 56% Information Technology 161 4.5% 147 4.2% 10% 55% 55% Depreciation
Slide 22: Capital – strong capital base to grow
Capital – strong capital base to grow Capital ratios (%) • Strong capital position as reflected in 19.2 19.4 19.9 19.8 19.8 strengthened Common Equity Tier 1 (CET-1) ratio and Capital Adequacy Ratio (CAR) of 18.6 17.1 17.6 18.3 18.4 18.6% and 19.8% respectively, far higher than the minimum capital r
Slide 23: Shares and Rating
Shares and Rating Share Price & Trading Volume Rating Agencies Rating/Outlook In IDR Thousands Corporate Rating id AAA / Stable 1400 Pefindo Thousands 700 Pre Basel-III Sub Debt Rating id AA+ (Sep 2019) 1200 600 Basel-III Compliant Subordinated Bonds Rating id AA 1,110 1000 915 National Long Term Ra
Slide 24: Business Updates
PermataBant 6? BUSINESS UPDATES
Slide 25: Business Updates – Retail Banking (1/3)
Business Updates – Retail Banking (1/3) Total Loan Rp 61.7 Trillion increased by 1% compare to Sep-18. Supported from growth of: Mortgage Rp 17.4 Trillion 11% Credit Card & Rp 3.9 Trillion 21% Personal Loan Total 3 rd Party Funds Rp 89.3 Trillion increased by 4% compare to Sep-18 CASA Ratio 52% 100
Slide 26: Business Updates – Retail Banking (2/3)
Business Updates – Retail Banking (2/3) 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 UMK
Slide 27: Business Updates – Retail Banking (3/3)
Business Updates – Retail Banking (3/3) 26
Slide 28: Business Updates – Wholesale Banking (1/2)
Business Updates – Wholesale Banking (1/2) WB’s Business Performances Total Loan • YOY 1% growth on asset was driven by incremental in Rp 45.3 Trillion • good book asset with total growth 24% YoY. The growth was mostly contributed from new acquisition increased by 1% compare to Sep-18 and existing n
Slide 29: Business Updates – Wholesale Banking (3/3)
Business Updates – Wholesale Banking (3/3) 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 (1/2)
Business Updates – Shariah Banking (1/2) Total Financing Rp 14.6 Trillion Total 3 rd Party Funds Rp 17.4 Trillion increased by 12% compare to Sep-18. Strategic Initiatives Supported from growth of: • Grow the low cost of fund product (CASA) especially CASA Rp 11.0 Trillion 19% through Payroll and Ha
Slide 31: Business Updates – Shariah Banking (2/2)
Business Updates – Shariah Banking (2/2) 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 32: 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 33: Our new Digital Banking capabilities
Digital Banking Our new Digital Banking capabilities While 2017 had been about building our technology foundation layer, 2018 and 2019 were 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 Lau
Slide 34: 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 35: 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