Vietnam Joint Stock Commercial Bank For Industry And Trade · HOSE:CTG
Vietnam Joint Stock Commercial Bank For Industry And Trade — VietinBank — Q1 2020 Earnings Presentation
32 slides from Vietnam Joint Stock Commercial Bank For Industry And Trade's earnings presentation, 2020
Slide 1: IR Presentation 1Q2020
IR Presentation 1Q2020 (Exchange rate: 23,235 VND/USD)
Slide 2: Table of contents
Table of contents 1. Overview of macro-economics, banking industry 2. About VietinBank 3. Investment highlights 4. Performance 5. Business orientation in 2020 6. Appendix 2
Slide 3: 1. Overview of macro-economics, banking industry
1. Overview of macro-economics, banking industry Macro-economics Banking industry 3
Slide 4: Macro-economics
1. Overview of macro-economics, banking industry Macro-economics Macroeconomic growth slowed down due to complicated situation of the Covid-19 pandemic, negatively affecting all aspects of socio-economic life. Scale and pace of GDP growth CPI growth, Exchange rate 7.08% 7.02% 8,000 6.81% 23,400 23,1
Slide 5: Banking industry
1. Overview of macro-economics, banking industry Banking industry Banking industry's scale of deposits and lending in 1Q2020 remained low. Outstanding loans of businesses seriously affected by the pandemic shrank. NPL ratio increased significantly, provision for potential losses surged y-o-y. Growth
Slide 6: 2. About VietinBank
2. About VietinBank Important historical milestones Mission, vision, core values Awards and accolades Organizational structure 6
Slide 7: Important historical milestones
2. About VietinBank Important historical milestones Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) is a leading financial and banking institution in Vietnam, providing modern financial and banking products and services with full utilities and meeting international standards.
Slide 8: Mission, vision, core values
2. About VietinBank Mission, vision, core values Mission Vision Core Values To be the No.1 bank in Vietnam To become a leading bank in Customers Orientation; banking system, providing Vietnam and a regional player, Perfection-oriented; modern financial and banking being modern and multi- Dynam
Slide 9: Awards and accolades
2. About VietinBank Awards and accolades TOP 300 MOST VALUABLE BANK BRANDS WORLDWIDE In 2020, according to Brand Finance’s announcement, VietinBank ranked 277th and twice in a row to be the only Vietnamese bank to win the Top 300 Most Valuable Banking Brands in the world. TOP 2000 LARGEST ENTERPRISE
Slide 10: Organizational structure
2. About VietinBank Organizational structure Organizational structure towards the preeminent and modern models in the world. Building a solid internal control The organizational structure GENERAL SHAREHOLDERS’ MEETING system with 3 independent lines of ensures an appropriate and defense as regulated
Slide 11: 3. Investment highlights
3. Investment highlights Strong innovation, sustainable growth Extensive network, high credit rating Active support from major shareholders Advanced technology platform and solutions Diversified customer base Well-qualified human resources 11
Slide 12: Strong innovation, sustainable growth
3. Investment highlights Strong innovation, sustainable growth Strongly innovating business growth model, changing business approach and improving financial management and debt quality have brought breakthrough results in business performance. 1 Innovation in business growth model 1 From focusing
Slide 13: Extensive network, high credit rating
3. Investment highlights Extensive network, high credit rating Extensive Network Head Office North Domestic network: in Ha Noi 01 Head Office in Hanoi Head Office 02 Representative offices in Da Nang and Ho Chi 02 Representative 73 Branches Minh City Offices 01 Southern Customers Center 155
Slide 14: Active support from major shareholders
3. Investment highlights Active support from major shareholders Shareholder structure Major shareholders’ supports Major shareholders Support Hold 64.46% stakes of VietinBank Most of Board members are appointed by 15.81% the Government and the State Bank of State bank of Vietnam Vietnam 19.73%
Slide 15: Business operated on advanced technology platform & solutions
3. Investment highlights Business operated on advanced technology platform & solutions Cutting-edge Core Banking and increasingly improved IT infrastructure facilitate improvement in productivity, efficiency and cost control. Proactively keeping up with technology trends, cooperating with financial
Slide 16: Diversified customer base with a large number of customers
3. Investment highlights Diversified customer base with a large number of customers VietinBank enhanced the efficiency of large corporate customer segment including large enterprises, corporations and expanded the banking relationship with SMEs, FDIs and individual customers. 16
Slide 17: Management team
3. Investment highlights Management team High ranking managements with in-depth knowledge and experience in banking and finance sector. BOARD OF DIRECTORS Mr. Mr. Mr. Ms. Le Duc Tho Tran Minh Binh Tran Van Tan Tran Thu Huyen Chairman Board Member Board Member Board Member Mr. Ms. Mr. Mr. Nguyen The
Slide 18: 4. Performance
4. Performance Customer deposits increased slightly, customer loans decreased due to the impact of Covid-19 pandemic Strengthened risk management, controlled asset quality Safe and diversified investment portfolio Profits decreased due to the impact of Covid-19 Improved efficiency indicato
Slide 19: Customer deposits increased slightly while lending down due to Covid-19
4. Performance Customer deposits increased slightly while lending down due to Covid-19 Total loans and advances to customers Customer Deposits (USD, Bil) (USD, Bil) 45 45 40 +0.3% 40 -1.25% 35 35 30 30 25 25 20 39 39 20 40 40 36 35 38 34 15 30 15 30 23 25 10 10 5 5 0 0 2015 2016 2017 2018 2019 1Q202
Slide 20: Promoting shift of credit structure
4. Performance Promoting shift of credit structure Credit structure marked a positive shift towards increasing the proportion of highly profitable segments such as retail and SMEs. Customer deposit breakdown Loan breakdown 100% 2.2% 1.7% 1.5% 1.9% 2.5% 0.3% 100% 0.1% 0.7% 1.9% 0.02% 0.3% 0.1% 5.6% 5
Slide 21: Stable capital structure
4. Performance Stable capital structure Focus on growing stable source of capital from primary market, ensuring efficiency and liquidity safety, timely providing capital and services to meet the needs of the economy. Customer deposit breakdown by currency Loan breakdown by currency 9% 7% 6% 7% 6% 6%
Slide 22: Strengthened risk management, controlled asset quality
4. Performance Strengthened risk management, controlled asset quality Closely monitor customer portfolio, transparently control assets quality, buy-back part of debts sold to VAMC. 2016 2017 2018 (restated) 2019 1Q2020 Group Value Value Value Value Value % % % % % (USD, Mil) (USD, Mil) (USD, Mil) (U
Slide 23: Safe and diversified investment portfolio
4. Performance Safe and diversified investment portfolio Investment portfolio Breakdown of investment portfolio (USD, Bil) Inner ring: As at 31 Dec 2019 14 Outer ring: As at 31 Mar 2020 0.53% 1.43% 12 10.9 10.8 10.7 10.6 10.4 -3.1% 10 8.9 0.52% 1.32% 8 46% 46% 52% 52% 6 4 2 Interbank Debt securities
Slide 24: Profit decreased due to the impact of Covid-19
4. Performance Profit decreased due to the impact of Covid-19 Profit decreased slightly due to the implementation of supporting policies, accompanying customers affected by Covid-19 pandemic. Movements of income and expenses (USD, Mil) 2015 2016 2017 2018 2019 1Q2019 1Q2020 1,600 1,400 1,200 1,000 8
Slide 25: Improved efficiency indicators
4. Performance Improved efficiency indicators Income structure gradually improved, non-interest income proportion increased. Cost management efficiency was enhanced with 1Q2020 CIR down to the lowest level ever. VietinBank was also one of the banks with low CIR in the banking system. Operating incom
Slide 26: Business orientation in 2020
5. Business orientation in 2020 Targets 2020: Improve business efficiency STRONG TRANSFORMATION IN BUSINESS GROWTH MODEL (1)Sustainable (2) Customer (3) Shift in (4) Effectively explore (5) Effective financial (6) Actively implement growth in structure shifted income industries and sectors managemen
Slide 27: 6. Appendix
6. Appendix CTG stock performance Historical financials - Balance sheet Historical financials - Income statement Investor relations website 27
Slide 28: CTG stock performance - 1Q2020
6. Appendix CTG stock performance - 1Q2020 CTG Stock performance - 1Q2020 Indicators Value 30 70,000 60,000 Closing price of 1st 25 trading session of 21,500 VND/share 20 50,000 1Q2020 (Jan 02nd, 2020) 40,000 15 30,000 Closing price of last 10 20,000 trading session of 17,200 VND/share 1Q2020 (Mar 3
Slide 29: Historical financials - Balance sheet
6. Appendix Historical financials - Balance sheet Unit: USD Million 2016 2017 2018 2019 1Q2020 Cash, gold and gemstones 234 267 308 358 317 Balances with the State Bank of Vietnam (“SBV”) 609 926 1,016 1,074 1,083 Placements with and loans to other credit institutions 4,263 4,794 5,718 5,588 5,438 T
Slide 30: Historical financials - Income statement
6. Appendix Historical financials - Income statement Unit: USD Million 2016 2017 2018 2019 1Q2020 1Q2019 Interest and similar income 2,387 2,911 3,236 3,573 926 855 Interest and similar expenses (1,380) (1,704) (2,263) (2,140) (564) (510) Net interest and similar income 1,007 1,207 973 1,434 362 346
Slide 31: Investor relations website
6. Appendix Investor relations website http://investor.vietinbank.vn For further information, please contact: Secretariats to the Board of Directors and Investor Relations Office of the Board of Directors Vietnam Joint Stock Commercial Bank For Industry and Trade Address: 108 Tran Hung Dao Street, H
Slide 32: Thank you!
Thank you! Disclaimer: This presentation is prepared by using financial reports and other reliable sources with the aims to provide information only. Readers should use this presentation as a reference source only. The information might be updated from time to time and we have no responsibility to n