Burgan Bank · KSE:BURG
Burgan Bank — Q3 2011 Earnings Presentation
13 slides from Burgan Bank's earnings presentation, November 2011
Slide 1: Investor Presentation November 2011
Burgan Bank Group Za INVESTOR PRESENTATION SSS NOVEMBER 2011 Iraq Jordan Tunis Kuwait Members of Burgan Bank Group: ee y Planaaet Su es il eases ‘dad Gulf Bank Alger r.. “SRAM nodLell yuigi rena Tunis International ant all p eurcan BANK ale
Slide 2: Disclaimer
Disclaimer The information contained in this document has been provided on the basis of current knowledge, assumptions and expectations. In the event that any information is incorrect or any party misrepresented, Burgan Bank and its consultants cannot be held responsible for this. Various factors co
Slide 3: Q3 Executive Summary
Q3 Executive Summary Key Highlights • Another strong Quarter, Q3 2011 consistent financial growth Q-o-Q • Resilient Balance Sheet with strong credit reserve • 2011 YTD achieved KD41.4m in net profit vs. KD(3.6m) for the same period last year 3
Slide 4: Financial Trends
Financial Trends Revenue - (KD million) Cost of Credit – (KD million) 8.8% 43.5 14.9 40.0 7.4 * 42.7 42.2 5.7 4.4 * 4.4 38.8 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 * Inclusive counter cyclical reserves( KD 4.6m in Q1 11, & 3.5m in Q2 11) . Net Profit (KD million) Key Indicators
Slide 5: Financial Performance – Income Statement
Financial Performance – Income Statement Operating Profit % of Gross Income 66% 64% KD (million) Q1 11 Q2 11 Q3 11 Revenue 38.8 42.7 43.5 Operating Expense -15.8 -15.6 -14.9 59% Operating Profit 23.0 27.1 28.6 Net Provisions -5.7 -8.0 -6.6 Q1 11 Q2 11 Q3 11 Net Profit before Minority 13.9 15.9 18.9
Slide 6: Financial Performance – Balance Sheet
Financial Performance – Balance Sheet Assets Progression 4,290 4,082 4,155 2,147 2,152 2,194 KD (million) Q1 11 Q2 11 Q3 11 Loans & Advances to Customers 2,147 2,152 2,194 559 617 680 Total Assets 4,082 4,155 4,290 Due From Banks and OFIs Loans & Advances to Total Assets Customers Deposits From Cust
Slide 7: Diversified Lending & Strong Credit Reserve
Diversified Lending & Strong Credit Reserve Non Performing Loans (KD million) Year to Date Funded Credit Line (KD million) 250 250% 220 2,194 • KD 440 approved. 200 200% 150 137% 134% 150% • KD 118 utilized. 147 112 100 86 100% 64 2,124 81 50 50% 0 0% Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 NPL NPL net of Col
Slide 8: Burgan Group - By Country
Burgan Group - By Country * KD (million) Q3 2011 Revenue 23.3 10.7 5.8 2.9 2.7 1.0 Net Profit 11.8 5.2 1.8 1.5 1.2 0.6 Net Profit Margin 50.6% 48.6% 31.0% 43.9% 60.0% CAR NM 23.6% 17.9% 24.6% 19.4% Assets 3,039.2 848.8 241.2 186.6 153.2 Loans 1,544 464.4 137.4 39.2 8.8 Deposits 1,659.5 568.3 165.7 1
Slide 9: Revenues – By Country
Revenues – By Country * KD (million) Kuwait Revenue 23.3 21.1 Jordan Revenue Algeria Revenue 10.7 10.7 Q3 10 Q3 11 5.8 5.2 8.8% Q3 11 vs. Q3 10 Q3 11 Q3 10 Q3 11 Q3 10 Tunisia Revenue Iraq Revenue 2.7 1.05 0.95 2.1 Q3 10 Q3 11 Q3 10 Q3 11 9
Slide 10: ROE Conventional Banks
11.6% 13.1% BB 15.6% 15.3% 12.9% NBK ROE Conventional Banks 15.2% 14.7% 11.1% ABK 10.2% 1.1% 0.1% CBK 6.1% 9.9% 8.3% GBK Q3 11 Q2 11 Q1 11 8.8% 10
Slide 11: Conclusion
Conclusion • Burgan Group positioned to confront volatility and capture arising opportunities. • Solid Q3 2011 financial performance in line with strategic intent. • Restored profitability and positive operating jaws. 11
Slide 12: Thank You
DQ nm BURGAN BANK Thank You Members of Burgan Bank Group: pha atau, 12 a ange HEA adl® ceed Qacess
Slide 13: Peers Ranking
J a Peers Ranking J BURGAN BANK Growth Q3 11 vs. Q2 11 NBK GBK cBK ABK Operating Income fF 4 2 3 4 Operating Expense P14 2 4 3 re) Provisions on Credit Losses 3 5 1 2 4 Net Profit | 38 2 4 1 5 Net Loans & Advances |) 2 3 4 5 1 Total Assets | 3 5 4 2 1 Customer Deposits | 4 S) 4 S) 2 Ratio ROE P14 2