Gfh Bank B.s.c. · BAHRAIN:GFH
Gfh Bank B.s.c — GFH Financial Group — H1 2016 Earnings Presentation
12 slides from Gfh Bank B.s.c's earnings presentation, August 2016
Slide 1: GFH Financial Group H1 2016 Results
GFH Financial Group H1 2016 Results Presentation to Investors and Analysts For the Period Ended June 30th 2016 1 | GFH Financial Group H1 2016 Results Presentation
Slide 2: Important Notice and Forward-Looking Statements
Important Notice and Forward-Looking Statements Important notice The information set out in this presentation and subsequent webcast does not constitute a public offer for the purposes of any applicable law or an offer to sell or solicitation of any offer to purchase any securities or other financia
Slide 3: Agenda
Agenda 1. Group H1 2016 Highlights 2. H1 2016 Financial Performance Review 3. Q&A 3 | GFH Financial Group H1 2016 Results Presentation
Slide 4: Group H1 2016 Highlights
Group H1 2016 Highlights (in $ million) H1 2015 H1 2016 Q2 2015 Q2 2016 Commercial Banking 28.5 31.8 16.8 15.6 RE Development (6.1) 48.1 (3.6) 44.0 Private Equity & Asset Management 26.3 2.1 15.0 (2.8) Others (1) (1.7) 1.3 (0.1) (2.5) Total Income 47.1 83.4 28.1 54.2 Operating Expenses (33.8) (47.1)
Slide 5: Agenda
Agenda 1. Group H1 2016 Highlights 2. H1 2016 Financial Performance Review 3. Q&A 5 | GFH Financial Group H1 2016 Results Presentation
Slide 6: Commercial Banking – Sustained Growth in Profit Before Impairment of 13%
Commercial Banking – Sustained Growth in Profit Before Impairment of 13% Financing Assets ($m) (1) Customer Deposits ($m) (2) 72% 92% 1,295 1,266 1,166 934 1,000 0 Jun 2015 Jun 2016 Jun 2015 Jun 2016 Loan to Deposit Ratio Total Income ($m) Profit Before Impairment ($m) 8.2% 8.0% 52% 52% 31.8 15.3 27
Slide 7: Real Estate Development – Sale of Land Plot in BFH and Launch of Projects
Real Estate Development – Sale of Land Plot in BFH and Launch of Projects • The Group recognized $46.1 million income in its Real Estate Development Income ($m) Real Estate Development business line on sale of one of its development plots in BFH precinct • Harbour Row development, a mixed-use projec
Slide 8: PE&AM & Recoveries – Strong Levels of Income Generation in H1 2016
PE&AM & Recoveries – Strong Levels of Income Generation in H1 2016 H1 2016 Income Generation ($m) • Strong levels of fee generation for the Group in H1 2016 of $10.6 million – Positively impacted by Group’s role in selling 20.4 apartments to its investors in 1 Palace Street – 1 Palace Street is loca
Slide 9: Income Diversification & Profitability
Income Diversification & Profitability Income Diversification H1 2016 Group Income Contribution 2019 Expected Group Income Contribution Other Other RE Devt. 1.6% GFH Capital & Other 10.0% 15.0% Commercial Subsidiaries Banking By 15.0% 2019 PE 38.2% RE Devt. 20.0% 57.7% AM 15.0% 2.6% 25.0% Commercial
Slide 10: Summary
Summary • Khaleeji Commercial Bank (“KHCB”) delivered sustained growth in profits before impairment of 13% year-on-year ($15.3 million) – Impressive growth in financing assets of 25% year-on-year to $1.2 billion – Continued momentum in retail banking division with segmental net profit growing Commer
Slide 11: Agenda
Agenda 1. Group H1 2016 Highlights 2. H1 2016 Financial Performance Review 3. Q&A 11 | GFH Financial Group H1 2016 Results Presentation
Slide 12: Thank You Q&A
Q&A Thank You Q&A 12 | GFH Financial Group H1 2016 Results Presentation