Pt Bank Permata Tbk Class A · IDX:BNLI
Pt Bank Permata Tbk Class A — H1 2020 Earnings Presentation
32 slides from Pt Bank Permata Tbk Class A's earnings presentation, July 2020
Slide 1: First Half 2020 Financial Result
First Half 2020 Financial Result #MakingADifference Company Presentation
Slide 2: Disclaimer
Disclaimer Laporan ini disusun oleh PT Bank Permata Tbk secara independen dan diedarkan hanya untuk tujuan informasi umum. Hal ini tidak dimaksudkan untuk orang tertentu yang mungkin menerima laporan ini. Informasi dalam laporan ini telah diperoleh dari sumber-sumber yang kami anggap dapat dipercaya
Slide 3: Presentation Content
Presentation Content 1 MACRO ECONOMY UPDATES 2 PERMATA BANK IN BRIEF 3 FINANCIAL PERFORMANCE HIGHLIGHTS 4 BUSINESS UPDATE 5 OTHER INFORMATION 3
Slide 4: Macro Economy
Macro Economy Decreasing interest rate to boost domestic growth Inflation Rate Drop below 2% high range target 4.0% 6.00% 6.00% 3.49% 3.00% 5.25% 3.28% 2.67% 5.50% 5.00% 4.75% 2.0% 1.96% 4.50% 4.25% low range target 2.0% Series1 7 Days Reverse Repo rate Jun-19 Jun-20 Apr-19 Apr-20 Aug-19 Dec-19 Oct-
Slide 5: PermataBank in Brief
PermataBank in Brief Year Established 1955 Controlling Shareholders Listing at the Bourse Since 1990 at the Jakarta Stock Exchange and Surabaya Stock Exchange (both merged and now known as the Indonesian Stock Exchange (BEI) Asset **) Rp 157,8 tn (consolidated) Market Capitalization **) Rp 35.6 tn
Slide 6: PermataBank Growth Strategies
PermataBank Growth Strategies A B C STRENGTHENING STRENGTHENING STRENGTHENING SYNERGY WITH FINANCIAL PERFORMANCE BUSINESS ENABLER SHAREHOLDERS REVENUE: Grow customer (incl. Leverage capabilities and CREDIT: Create credit culture to partnership), deepen relationship increase collaboration with
Slide 7: Financial Performance
Financial Performance PermataBank focus on the penetration of high yield assets, while at the same time able to manage risk and risk- return reward.
Slide 8: Performance Highlights
Performance Highlights • LOAN GROWTH – loan decrease by 3.1% (yoy) to Rp.103.7 trillion in June-20 in line with lower loan demand due to the weakening global and domestic economies affected by COVID-19 outbreak. Bank focuses on helping the affected debtors by conducting a loan restructuring and rela
Slide 9: Performance Highlights
Performance Highlights • REVENUE GROWTH – Pre Provision Operating Profit (PPOP) was recorded at Rp 1.7 trillion or grew by 24.2% (YoY) compared to the same period last year, which mainly was contributed by an increase in net interest income of 12.1% (YoY) to Rp 3.2 trillion at the end of H1-20 and a
Slide 10: Key Financial Highlights
Key Financial Highlights Jun 2019 Jun 2020 ∆ (%) Loans (Rp Tn) 107.0 → 103.7 -3.1 Gross NPL Ratio 3.6% → 3.7% 0.1 Net NPL Ratio 1.3 % → 1.8% 0.5 NPL Coverage Ratio 157% → 112% -45 CASA Ratio 51.9% → 52.1% +0.02 [CASA (Rp Tn)]* 58.5 → 64.8 +10.7 LDR 93% → 81% -12 NIM 4.2% → 4.5 +0.3 BOPO 88% → 91% +3
Slide 11: Income Statement
Income Statement Published Report Normalized Profit * YoY (in IDR bn) Jun-20 Jun-19 YOY Jun-20 Jun-19 Growth Net Interest Income 3,162 2,821 12% 3,162 2,821 12% Non Interest Income 990 918 8% 990 918 8% Revenue 4,152 3,739 11% 4,152 3,739 11% Operating Expense 2,438 2,359 3% 2,438 2,359 3% Staff cos
Slide 12: Balance Sheet
Balance Sheet Actual Actual (in IDR tn) Jun-20 Jun-19 YoY Dec-19 YTD Cash 1.8 1.9 -5% 2.3 -20% Placement with Bank Indonesia 16.2 13.5 19% 16.3 -1% Placement with Other Banks 5.5 3.3 69% 9.6 -42% Marketable Securities * 22.6 14.8 53% 11.9 91% Loans (gross) 103.7 107.0 -3% 108.2 -4% Allowance for Loa
Slide 13: Financial Ratios
Financial Ratios (in %) Jun-20 Dec-19 Jun-19 CET-1 ratio 20.2 18.7 18.4 Total CAR 21.3 19.9 19.8 LDR 81 86 93 CASA ratio * 52 51 52 ROA 0.9 1.3 1.2 ROE 3.5 7.2 7.1 BOPO 91 87 88 CIR 59 62 63 NIM 4.5 4.4 4.2 NPL Gross 3.7 2.8 3.6 NPL Net 1.8 1.3 1.3 NPL Coverage ratio 112 133 157 Regulatory Coverage
Slide 14: Focus on Healthy Loan Growth
Focus on Healthy Loan Growth Gross Loan (IDR Triliun) Bad Book Loan (IDR Triliun) ↓ 3,1% YOY ↓ 40,7% YOY Decrease in loan gross is mostly driven by lower Bad-Book Loan by -41% YOY ↓ -0.3% 108.2 99.8 103.2 99.4 107.0 103.7 ↓ -41% 7.2 5.0 4.3 Jun-19 Dec-19 Jun-20 Jun-19 Dec-19 Jun-20 Good Book Loan Ba
Slide 15: Asset Quality Affected By Covid-19
Asset Quality Affected By Covid-19, However Bank’s Can Prudently Managed the Risk NPL Gross NPL Coverage Ratio ↑ 10 bps YOY NPL Coverage Ratio is well maintained above 100% 1.8% 1.3% 1.3% 157% 133% 3.6% 2.8% 3.7% 112% 6.0% 7.4% 7.2% 2.0% 0.9% 1.1% 91.2% 89.0% 89.1% Jun-19 Dec-19 Jun-20 Jun-19 Dec-19
Slide 16: Program For Developing Restructuring & Relaxation of Loan Impacted by Covid-19
Program For Developing Restructuring & Relaxation of Loan Impacted by Covid-19 Restructuring & Relaxation Loan Affected by Covid-19 Restructuring Scheme Program IDR 15.5 Trillion Request for Restructuring & Relaxation 40% Deferred Installments / Interest 11% of Total Credits - June 2020 63% Restruct
Slide 17: Growth Deposit, focus on CASA
Growth Deposit, focus on CASA Deposit Composition (IDR Trillion) 10.4% YOY YOY Growth • The third party funds balances increased by 1.3 % (YTD) % 122.9 124.5 10.4.% from Jun-19 to Jun-20, mainly driven 112.8 by the increase in CASA by 11% YoY. +10% 60.7 59.7 • PB’s deposit strategy is continuously 5
Slide 18: Increasing NIM and Overall Yield
Increasing NIM and Overall Yield 10.0% 9.0% 8.3% 8.4% 8.4% 8.4% 7.9% 7.9% 8.0% 8.1% 7.8% 8.0% 7.0% 6.0% 4.8% 4.7% 4.6% 4.6% 5.0% 4.2% 4.3% 4.3% 4.0% 4.5% 4.0% 4.6% 4.1% 4.2% 4.2% 4.4% 3.9% 3.0% 4.0% 4.0% 4.0% 2.0% 1.0% 0.0% Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Yield of Inte
Slide 19: Strong Growth of Non Interest Income
Strong Growth of Non Interest Income NFI Composition* (IDR Billion) +8% Jun-19 Jun-20 1,200 990 1,000 918 +36% 800 +0.4% 600 -8% -13% -19% -29% +21% 407 400 298 190 191 200 65 60 113 99 100 72 95 115 57 46 - Gains Fx Sale & Loan Related Trade Finance Bancassurance Security Agency Credit Card & E- Ot
Slide 20: Managable Operating Expenses
Managable Operating Expenses Expenses Composition* (IDR Billion) +7% +14% Mar-19 Mar-20 1,178 1,223 -10% 622 +0.2% +3% +80% 581 421 378 32 32 86 89 57 103 Staff Cost Marketing & Information Depreciation and Others Total Operating Promotion Technology amortization Expenses Operation Efficiency Ratios
Slide 21: Capital Position Remain Strong
Capital Position Remain Strong 21.3 19.8 19.8 19.9 19.6 20.2 18.4 18.6 18.7 18.4 Min Requirement (incl buffers) : 12.5 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Total CAR CET1 Risk Weighted Asset (IDR Billion) CET-1 Ratio (%) +1.81 % YOY - -4,7 % YOY 20.18 0.9 0.3 18.37 - - 113,432 108,282 0.0 20.2 (1,561)
Slide 22: Business Updates
Business Updates Positioning for Quality and Sustainable Growth with Simple, Fast, and Reliable Business Process.
Slide 23: Retail Banking - Supported by High Yield Asset Growth
Retail Banking - Supported by High Yield Asset Growth Retail Loan Composition (IDR Trillion) -22% Jun-19 Jun-20 61.9 48.4 -21% +12% -44% -12% 28.5 -3% 16.7 18.8 16.0 12.9 10.2 1.7 1.5 2.1 2.0 Retail Banking Credit Card Personal Loan Joint Finance Mortgage SME Note: Since January 2020, there has been
Slide 24: Wholesale Banking Supported by the growth of Good Book Loan
Wholesale Banking Supported by the growth of Good Book Loan Wholesale Banking Loan Composition (IDR Trillion) 22% YOY -2% QoQ 52.97 51.95 42.57 43.74 43.29 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Note: Since January 2020, there has been a shift in the recording of the Middle Enterprise segment credit por
Slide 25: Shariah Banking Achievements
Shariah Banking Achievements Adding Value to PermataBank ASSET CONTRIBUTION (IDR TN) REVENUE CONTRIBUTION (IDR BN) Bankwide Shariah Bankwide Shariah 14.2% 13.9% 12.5% 12.0% 485 22 442 21 3,739 4,152 148 158 Jun-19 Jun-20 Jun-19 Jun-20 DEPOSIT CONTRIBUTION (IDR TN) FINANCING CONTRIBUTION (IDR TN) Ban
Slide 26: Digital Banking Achievements
Digital Banking Achievements Continuous Innovation and Improvement Source: Published and Management Report (Bank only) 26
Slide 27: PERMATAMOBILE X
PERMATAMOBILE X Mobile Banking Super App Source: Published and Management Report (Bank only) 27
Slide 28: Other Information
Other Information Contain Shares Information, Asset Quality’s Debtor, Ratings and others appendices
Slide 29: Board of Commissioner
Board of Commissioner Chartsiri Sophonpanich Chalit Tayjasanant Chong Toh Niramarn Laisathit President Commissioner Commissioner Commissioner Commissioner Haryanto Sahari Rahmat Waluyanto Goei Siauw Hong Yap Tjay Soen Independent Commissioner Independent Commissioner Independent Commissioner Indepen
Slide 30: Board of Director
Board of Director Ridha DM Wirakusumah Dhien Tjahajani Lea Kusumawijaya Abdy Salimin President Director Director Director Director Djumariah Tenteram Darwin Wibowo Herwin Bustaman Dayan sadikin Director Director Director Director 30
Slide 31: Shares Performance
Shares Perfromance Thousands 1600 1385 700 1400 1,315 1,290 1,265 1260 12701260 1280 1205 1,215 600 1200 1,110 1,080 1045 1,045 500 1000 915 985 995 780 400 800 900 630 300 600 665 400 200 200 100 0 - Trading volume Share price BNLI Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Price (IDR) 625 96
Slide 32: Thank You!
Thank You! PT Bank Permata Tbk Investor Relations Unit World Trade Center II Jl. Jend. Sudirman Kav. 29-31 Jakarta 12920 - Indonesia Phone : (62-21) 523 - 7899 / 7999 Website : www.permatabank.com Email : investor.relations@permatabank.co.id Disclaimer: This report has been prepared by PT Bank Perma