Allied Bank Limited · PSX:ABL
Allied Bank — Q1 2022 Earnings Presentation
22 slides from Allied Bank's earnings presentation, March 2022
Slide 1: Financial Presentation – March 2022
Financial Presentation – March 2022
Slide 2: Contents
Contents ABL at Glance & Economic Stock Market Highlights Investments Deposits Information Annexures 3-4 5-7 8 9 10 11 12 13-14 15-19 Major Highlights Advances & Key Ratios & Awards & Balance Sheet Asset Quality Channels Ratings Income Statement
Slide 3: ABL at Glance
ABL at Glance ATMs:1,567 Entity Credit Rating On-site: 1,288 Off-site: 274 Overseas Long Term: AAA MBU: 5 Short Term: A1+ Corporate Branches: 2 Governance Bahrain WBU Rating Export Processing Subsidiary Rep Offices: CGR 9++ Zone Asset Management 2 Domestic Co. Ltd. UAE-Dubai Holding 100% Digital Chi
Slide 4: Economic Highlights
Economic Highlights Workers Remmittances- US$ Million 3,000 2,500 2,000 1,500 1,000 500 0 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oc t-21 No v-21 Dec-21 Jan-22 Feb-22 2021-22 2020-21 8,000 Export & Import- US$ Million TD Trade Deficit & Current Account - US$ Million CAD - - 7,000 (5
Slide 5: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) (Rs. in Billion) 2,500 100 -17% -1% -4% 10% 2,000 0 -6 12 -29 -27 -100 • Total Assets reached at Rs. 1,959 1,500 billion (Decreased by 3%). -200 1,000 2,010 1,959 -300 500 • Net Advances reached at Rs. 626 -400 billion as on Mar 31, 2022 - -500 decreased by 4%
Slide 6: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) (Rs. in Billion) -16% 0.3% 21% • Total Liabilities stood at Rs. 4 10 1,830 billion (Decline by -3%) -67 1,883 1,830 • CASA Mar’21 Stood at: 81% • Deposits aggregated to reach Rs. Dec-21 Borrowings Deposits Def. tax, Bills Mar-22 Payable & 1,417 billion; in
Slide 7: Highlights Income Statement
Highlights Income Statement (Rs. in Billion) 16% • Net interest income (NII) stood at Rs. 7% 12,542 million during period under review, 10% 82% 19% increased by 16%. 1,748 250 113 -799 -512 • Fee & Commission and Dividend Income increased by 29% and 86% respectively. 4,828 4,029 • Non Mark-up income
Slide 8: Investments
Investments (Rs. in Billion) Investments Mar' 22 Dec'21 Var. Growth Pakistan Investment Bonds 745,835 553,428 192,407 35% Market Treasury Bills 253,661 455,866 (202,205) -44% Listed and Unlisted Shares 17,758 17,636 122 1% TFCs, Bonds, Sukuks and Mutual Funds 50,961 45,915 5,046 11% Subsidiary 500 5
Slide 9: Advances & Asset Quality
Advances & Asset Quality (Rs. in Billion) • Gross advances stood at Rs.638 billion (4%↓) (Industry advances; 2%↑) • Gross ADR ratio reached 45.0% (Industry Dec’21 Gross ADR: 50.4%) • NPLs at 13.5 billion (0.8%↓) • NPL Ratio 2.1% (0.07%↑); Industry Dec’21: 7.9% • Specific NPL Coverage 92.9% (0.8%↓) &
Slide 10: Deposits
Deposits (Rs. in Billion) Particulars Mar' 22 Dec' 21 Var (% ) Market Share: 6.9% Current 647 607 7% Industry Growth: -2.4% Saving 505 582 -13% Term 265 224 18% Total Deposits 1,417 1,413 0.3% ABL CASA Mix: 81% 1,413 1,417 1,217 1,049 985 1,189 883 1,152 805 1,062 735 668 868 608 809 515 400 690 617
Slide 11: Key Ratios & Channels
Key Ratios & Channels Key Ratios Particulars Mar'22 Dec'21 Variance Return on Assets (%) 1.0% 1.0% 0.0% Return on Equity (Tier I) (%) 17.9% 16.5% 1.4% Capital Adequacy Ratio (%) 22.4% 22.3% 0.1% Channels Mar' 22 Dec' 21 Growth Total Branches 1,429 1,429 - Conventional 1,312 1,312 - Islamic 117 117 -
Slide 12: Stock Market Data
Stock Market Data Allied Bank Limited (ABL) Stock Price vs Market - Trend Pakistan Stock Exchange Code: ABL 40.0% 30.0% Bloomberg Code: ABL PA 20.0% Shares Outstanding (mln): 1,145.07 10.0% 0.0% Jan-21 Feb-21 Mar- 21 Apr-21 May-21 Jun-2 1 Jul-21 Aug-21 Sep-21 Oct -21 Nov-21 Dec-21 Ja n-22 Feb-22 Mar
Slide 13: Awards and Accolades
Awards and Accolades 1 Bank of the Year 2021 (Pakistan) - NFEH CSR Awards 2022 1.Corporate Governance Asia Money-Best Bank for CSR 2021 The Banker 2.Green Energy Initiatives 3.Women Welfare Empowerment PSHRM- Best Corporate & Sustainability 1.Best place to work ”Winner” in 36th Corporate Excellence
Slide 14: Corporate Governance & Ratings
Corporate Governance & Ratings 1 Entity Rating CGR PACRA Deposits VIS Credit Rating • AAA (Long Term) Company • A1+ (Short Term) • CGR-9++ (Corporate • A very low expectation of Governance Rating) Moody’s credit risk emanating from a • Very high level of corporate very strong capacity for governance
Slide 15: Annexures
Annexures Pakistan Annexure A Digital Statement of AwardsFinancial 2020Position - Standalone 1. Best Mobile Banking Annexure B App Statement of AwardsFinancial Position - Consolidated 2. Best Digital Annexure C Innovation Income Statement Award - Standalone 3. Best App and Annexure D Enabled Web Inc
Slide 16: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Mar'22 Dec'21 Variance Mar'22 Dec'21 Variance Cash and Balances with Banks 117,693 125,310 (7,617) 641 683 (42) -6% Lending to FIs 24,048 45,453 (21,405) 131 248 (117) -47% Investments - net 1,057,977 1,064,495
Slide 17: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Mar' 22 Dec'21 Variance Mar' 22 Dec'21 Variance Cash and Balances with Banks 117,698 125,304 (7,606) 641 683 (41) -6% Lending to FIs 24,048 45,453 (21,405) 131 248 (117) -47% Investments - net 1,059,807 1,066,
Slide 18: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Mar' 22 Mar'21 Variance Mar' 22 Mar'21 Variance Mark-up and Interest Income 39,062 23,774 15,288 213 130 83 64% Mark-up and Interest Expensed 26,521 12,980 13,540 145 71 74 104% Net Mark-up and interest Income 12,542 10,7
Slide 19: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Mar' 22 Mar'21 Variance Mar' 22 Mar'21 Variance Mark-up and Interest Income 39,065 23,774 15,291 213 130 83 64% Mark-up and Interest Expensed 26,524 12,981 13,543 145 71 74 104% Net Mark-up and interest Income 12,541 10
Slide 20: Disclaimer
Disclaimer The information being presented herein is solely for your information. Except for the historical information, statements that describe the Bank’s objectives, plans or goals discussed in Investor Conference Call are forward‐looking statements. These forward looking statements involve a num
Slide 21: Contact Us
Contact Us Sikandar Ali Khan +92-42-35880043 Investor.Relations@abl.com Unit Head Strategic Ext: 32637 Planning, Finance 21 21/22
Slide 22: THANK YOU
THANK YOU 22