PT Bank Danamon Indonesia Tbk Class A · IDX:BDMN

PT Bank Danamon Indonesia Tbk Class A — FY2018 Earnings Presentation

18 slides from PT Bank Danamon Indonesia Tbk Class A's earnings presentation, Feb 20, 2019

  1. Slide 1: PT Bank Danamon Indonesia Tbk Analysts Briefing FY 2018

    PT Bank Danamon Indonesia Tbk Analysts Briefing FY 2018 Jakarta, 20 February 2019 PT Bank Danamon Indonesia Tbk terdaftar dan diawasi oleh OJK

  2. Slide 2: Strong loan growth across all target segments; stable asset quality and improved profitability metrics

    Strong loan growth across all target segments; stable asset quality and improved profitability metrics • Excluding Micro, Loan Portfolio and Trade Finance grew 12% YoY Strong • Consumer Mortgage and SME grew 29% and 10%, respectively growth in key • ADMF loans grew 13% YoY in FY18. Both 2W and 4W ne

  3. Slide 3: FY 2018 Balance Sheet highlights

    FY 2018 Balance Sheet highlights In Rp billion FY17 FY18 YoY 1Q18 2Q18 3Q18 4Q18 QoQ Total Assets 178,257 186,762 5% 179,555 182,416 178,253 186,762 5% Total Loan Portfolio and Trade Finance1) 129,724 139,497 8% 130,181 133,902 134,341 139,497 4% Total Loan Portfolio and Trade Finance1) excl. Micro

  4. Slide 4: FY 2018 Income Statement

    FY 2018 Income Statement In Rp billion FY17 FY18 YoY 1Q18 2Q18 3Q18 4Q18 QoQ Net Interest Income 14,170 14,434 2% 3,599 3,613 3,613 3,609 0% Net Interest Income excl. micro 13,243 14,017 6% 3,439 3,493 3,529 3,557 1% Non Interest Income 1) 3,489 3,277 -6% 795 812 828 842 2% Operating Income 17,659 1

  5. Slide 5: FY18 Key Financial Ratios

    FY18 Key Financial Ratios In % FY17 FY18 YoY 1Q18 2Q18 3Q18 4Q18 QoQ NIM 9.3 9.0 (0.3) 9.0 9.0 9.0 9.0 0.0 CoC 2.8 2.5 0.3 2.5 2.8 2.5 2.2 0.3 Risk-adjusted NIM 6.5 6.4 (0.0) 6.5 6.2 6.5 6.8 0.3 Cost to Income 49.0 48.8 0.1 48.2 48.6 48.9 49.6 (0.7) CASA Ratio 48.3 47.1 (1.2) 48.3 48.2 49.1 47.1 (2.

  6. Slide 6: More efficient cost structure without Micro Banking

    More efficient cost structure without Micro Banking Consolidated Financials – Consolidated Financials – with SEMM If without SEMM* FY17 FY18 YoY FY17 FY18 YoY NIM (%) 9.3 9.0 (0.3) 8.8 8.7 (0.1) Cost of Credit (%) 2.8 2.5 0.3 2.8 2.7 0.1 Cost-to-Income Ratio (%) 49.0 48.8 0.1 46.7 46.5 0.1 Net Profi

  7. Slide 7: CASA amount grew steadily. Liquidity was well managed

    CASA amount grew steadily. Liquidity was well managed Regulatory RIM* (%) – RIM successfully maintained CASA , TD, & CASA Ratio – Stable CASA CASA (Rp Tn) TD (Rp tn) CASA Ratio (%) LFR Ave Daily RIM +3% +8% -1.2 93.8 93.3 93.5 94.1 100.9 97.2 91.6 92.4 91.9 93.4 49 51 52 57 54 58 46.0 48.3 47.1 3Q17

  8. Slide 8: Strong capital to support long-term prospects

    Strong capital to support long-term prospects Capital Adequacy Ratio (%) Market and Operational Risk Charges (%) 23.2 22.5 22.5 23.1 22.8 % 4Q17 1Q18 2Q18 3Q18 4Q18 22.1 21.6 21.7 22.3 22.2 CAR w/ Credit 28.2 27.6 27.6 28.3 28.1 Risk Market Risk 0.1 0.1 0.1 0.1 0.1 Charge Operational Risk 6.1 5.9 5.

  9. Slide 9: Loan growth in key segments grew double digit YoY

    Loan growth in key segments grew double digit YoY Composition of Loan Portfolio & Trade Finance1) Growth of Loan Portfolio & Trade Finance1) (Rp tn) 139.5 Rp bn FY17 FY18 YoY QoQ 129.7 130.2 133.9 134.3  Enterprise2) & FI 37,618 41,484 11% 9%  ABF 2,447 2,105 -14% -7% 29% 29% 28% 29% 28%  SME 28,

  10. Slide 10: ADMF's 2W and 4W new financing grew above industry

    ADMF’s 2W and 4W new financing grew above industry ADMF units New Financing vs. Industry ADMF New Financing amount (% YoY growth based on cumulative YTD) (% YoY growth) ADMF 2W Industry 2W ADMF 2W ADMF 4W 14.8% 13.7% 29.8% 28.1% 11.2% 26.2% 7.0% 23.0% -1.0% 8.8% 7.9% 4.0% 4.8% 6.0% 16.5% 14.1% 14.9%

  11. Slide 11: Risk adjusted NIM level was sustained throughout the year

    Risk adjusted NIM level was sustained throughout the year Composition of Loan Portfolio & Trade Finance NIM and Risk-Adjusted NIM (Rp tn) (%) 139.5 133.9 134.3 129.8 130.1 9.3 9.0 9.0 9.0 9.0 2.8 2.5 2.8 2.5 2.2 78% 79% 79% 80% 81% 6.5 6.5 6.2 6.5 6.8 22% 21% 21% 20% 19% 4Q17 1Q18 2Q18 3Q18 4Q18 4Q1

  12. Slide 12: NPL and Special Mention improved

    NPL and Special Mention improved 2.8 Industry’s NPL Ratio 2.6 2.7 2.7 2.7 Loan 3.3 2.8 3.1 3.0 Collectability 2.7 (% of Total BDI NPL Loans) BDI-SM 11.0 11.3 11.8 10.8 9.8 4Q17 1Q18 2Q18 3Q18 4Q18 136.061 137.606 130.458 133.022 122.922 Industry’s NPL 4,169 BDI’s NPL 3,875 3,825 3,656 NPL amount 3,4

  13. Slide 13: Steady asset quality in key sectors. NPL in some legacy sectors remained

    Steady asset quality in key sectors. NPL in some legacy sectors remained BDI Loans by Sector (% of total loans) Industry Loans by Sector (% of total loans) 36.3 Dec-17 Dec-18 19.0 18.7 Nov-17 Nov-18 33.8 17.2 16.7 17.2 19.2 17.3 17.1 9.3 9.4 6.8 6.7 5.5 6.0 4.7 4.8 5.8 6.8 4.7 4.9 4.9 4.6 3.8 4.1 2.

  14. Slide 14: CoC continued to decline as overall asset quality improved

    CoC continued to decline as overall asset quality improved 2.8 2.5 2.6 2.6 2.5 YTD CoC as % of avg loan Cost of Credit (% of Avg Loans and 957 888 Rp bn) 798 831 750 35% 34% 28% 32% 23% Non Mass Market 65% 68% 66% 72% 77% Mass Market 4Q17 1Q18 2Q18 3Q18 4Q18 3,560 Restructured 3,151 3,164 3,058 3,11

  15. Slide 15: General insurance and Bancassurance grew 24% & 12% respectively

    General insurance and Bancassurance grew 24% & 12% respectively Fee Income (Rp bn) Non-Credit Related Fee Income (Rp bn) FY17 FY18 +24% FY17 -7% 615 FY18 3,513 3,273 495 +12% -18% 384 -3% 345 2,082 +13% 304 294 1,703 1,293 1,144 -4% 287 276 Credit Related Non-Credit Treasury Total Fee Income Bancass

  16. Slide 16: THANK YOU

    THANK YOU Investor Relations PT Bank Danamon Indonesia, Tbk Menara Bank Danamon, 16th Floor Jl. H.R. Rasuna Said Kav. C-10 Setiabudi - Kuningan, Jakarta Selatan 12940 Phone: +62 21 8064 5000 Email: investor.relations@danamon.co.id

  17. Slide 17: Danamon's growth momentum will continue focusing on customer centricity, collaboration, enabled by digital

    Danamon’s growth momentum will continue focusing on customer centricity, collaboration, enabled by digital Prior to 2015 2015 - 2016 2017 - 2018 2019 - Beyond • Reliance on mass • A new 3 year strategy • Danamon’s formulated • Continued momentum market business performance has from growth engines ga

  18. Slide 18: Appendix: Consolidated income statement under PSAK 58 (IFRS 5)

    Appendix : Consolidated income statement under PSAK 58 (IFRS 5) In accordance with PSAK 58 (IFRS 5), as the Bank has signed Conditional Sale and Subscription Agreement (“CSSA”) with Zurich Insurance Company Ltd. related to the divestment of 70% shares in Adira Insurance; Adira Insurance’s net income

PT Bank Danamon Indonesia — FY2018 Earnings Presentation on 6ix