Joint Stock Commercial Bank For Investment And Development Of Vietnam · HOSE:BID
Joint Stock Commercial Bank For Investment And Development Of Vietnam — Bank for Investment and Development of Vietnam (BIDV) — Investor Presentation (November 2024)
21 slides from Joint Stock Commercial Bank For Investment And Development Of Vietnam's investor presentation, November 2024
Slide 1: Bank for Investment and Development of Vietnam (BIDV) Investor presentation
Bank for Investment and Development of Vietnam (“BIDV”) Investor presentation November 2024 0 RESTRICTED
Slide 2: Table of Contents
Table of Contents 1 BIDV Overview 2 Company Highlights 3 Growth Strategy A1 Appendix 1: Financial Summary 1 RESTRICTED
Slide 3: 1. BIDV Overview
1. BIDV Overview 2 RESTRICTED
Slide 4: BIDV: Vietnam's National Banking Champion
BIDV: Vietnam’s National Banking Champion Key Statistics Shareholding Structure As of 11 November 2024 Bank in Vietnam by One of the Big 4 State-owned Commercial Banks • Total assets #1 • Gross loans State Bank of 80.99% Vietnam • Customer deposits Supported by the 2nd largest nationwide network1 15
Slide 5: First Bank Established in Vietnam with Close to 70 Years of Heritage
First Bank Established in Vietnam with Close to 70 Years of Heritage Establishment & Post IPO: Growth & Transformation Introduction of Foreign Strategic Investor Equitization Phase Formed 12 years after Implementation of growth strategies Ongoing initiatives to reduce state ownership Vietnam’s indep
Slide 6: Key Business Segments
Key Business Segments A Retail banking B Corporate banking C SME banking USD 79.7bn Gross loans (3Q2024) Loan 24.3% Mix 45.7% 30.0% c.23.8m c.112k c.388k Retail customers Corporate customers SME customers #1 #1 #1 By retail customers in Vietnam By corporate customers in Vietnam By SME customers in V
Slide 7: 2. Company Highlights
2. Company Highlights 6 RESTRICTED
Slide 8: Key Highlights
Key Highlights 1 Clear Beneficiary of Vietnam’s Compelling Consumer Story 2 No.1 Retail Franchise Underpinned by Successful Retail-focused Strategy 3 No.1 Corporate and SME Bank Supporting Vietnam’s Economic Growth 4 Omnichannel Distribution Network Amassing The Largest Deposit Base 5 Significant Up
Slide 9: Clear Beneficiary of Vietnam's Compelling Consumer Story
1 Clear Beneficiary of Vietnam’s Compelling Consumer Story Fastest growing economy in SEA by real GDP Private consumption is expected to maintain recovery momentum 2022-2032E Real GDP CAGR (%) (% YoY) (% YoY) 70 60 6.8% 50 6.6% 40 30 5.0% 20 10 3.8% 0 2.8% 2.7% -10 -20 -30 -40 May 20 May 21 May 22 M
Slide 10: No.1 Retail Franchise Underpinned by Successful Retail-focused Strategy
2 No.1 Retail Franchise Underpinned by Successful Retail-focused Strategy Undisputed No.1 retail banking franchise Strategy to shift into higher profitability retail business 3Q2024 retails loans1 (USD bn) Overall Loan Mix by Customers Retail Loan Mix #1 100.0% 1.7% 90.0% 80.0% 28.2% 28% 24% 34% 70.
Slide 11: No.1 Corporate and SME Bank Supporting Vietnam's Economic Growth
3 No.1 Corporate and SME Bank Supporting Vietnam’s Economic Growth Corporate banking SME banking #1 >112k >USD 2.5bn #1 >388k ~40% by Corporate Corporate customers Green credit extended by SME SME Of SMEs in Vietnam customers in Vietnam customers in Vietnam customers1 bank with BIDV Competitive scal
Slide 12: Omnichannel Distribution Network Amassing The Largest Deposit Base
4 Omnichannel Distribution Network Amassing The Largest Deposit Base No.2 distribution network1 in Vietnam Diversified and stable funding Covering all 63 provinces in Vietnam; Mobilized capital (3Q2024) Customer deposits mix (3Q2024) ~40% of branches located in Ho Chi Minh City & Hanoi 4% 9% 190 895
Slide 13: Significant Upside Opportunity to Unlock Non-Interest Income Growth
5 Significant Upside Opportunity to Unlock Non-Interest Income Growth Recovery in 2023 and 2024 of non-interest income Diversified and balanced product offerings Net fee income breakdown (2023) Successful implementation of initiatives since 2023 after decline in 2022 (mainly due to waiver of digital
Slide 14: Robust Risk Management Framework Driving High Quality Growth
6 Robust Risk Management Framework Driving High Quality Growth Substantially improved asset quality With reduced exposure to real estate sector NPL Ratio & Credit Cost (%) Real Estate Loans as % of Gross Loans (3Q2024) 2.0% 2.3% 1.7% 1.2% 1.1% 0 Real estate loan portfolio (%) de-risk 0 33.5% 4.0% 3.
Slide 15: 3. Growth Strategy
3. Growth Strategy 14 RESTRICTED
Slide 16: BIDV Strategy
BIDV Strategy VISION Top 100 Largest Banks in Asia Leading Financial Institution in Southeast Asia Best Digital Platform in Vietnam 5 Core Values Intelligence Believe Integrity Detail Orientation Vitality Scale Maintain #1 position and grow market share while maintaining strong balance sheet Asset q
Slide 17: Shareholding Structure & Capital Raising Plan
Shareholding Structure & Capital Raising Plan ◆ In 2022 and 2023, AGM approved the capital raising plan to increase its charter capital by issuing additional shares up to c.455,267,143 shares (c.9% of outstanding shares) in the form of public offering or private placement. The plan was approved by i
Slide 18: Conclusion
Conclusion Successful Retail Transformation Coupled Vietnam’s National Banking Champion with Strong Corporate & SME Franchise Poised for Profitability Growth Continued Asset Quality Improvement With Non-Interest Income Expansion Underpinned by Prudent Risk Management 17 RESTRICTED
Slide 19: Appendix 1. Financial Summary
Appendix 1. Financial Summary 18 RESTRICTED
Slide 20: Financial Summary
Financial Summary (VNDbn) 19-23 9M24 Income Statement (VNDbn) 2019 2020 2021 2022 2023 9M24 9M23 CAGR YoY Net interest income 35,978 35,797 46,823 55,960 56,136 42,369 41,266 +11.8% +2.7% Net fee & commission income 4,266 5,266 6,614 5,651 6,572 5,107 4,956 +11.4% +3.1% Total operating income 48,121
Slide 21: Thank you!
Thank you! 20 RESTRICTED
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