National Development Bank Plc · CSELK:NDB.N0000
National Development Bank — H1 2015 Earnings Presentation
21 slides from National Development Bank's earnings presentation, 2015
Slide 1: Investor Update 1H 2015
Investor Update 1H 2015) > YA NDB bank
Slide 2: Content
Content Business Model Performance Summary External Recognition
Slide 3: Business Model
Business Model PSY
Slide 4: Group Structure
Group Structure 99.9% 99.9% • IPO • Debentures • Securitization • Loan Syndications 99.9% • Unit Trust • Growth Fund • Money Plus 99.9% Bangladesh Operations • Stock Brokering 77.8% 59.8% Property Development • Private Equity 58.7% 32.4% • Associate
Slide 5: Corporate Milestones
Corporate Milestones 1995 2005 2014 Setting up of The merger of NDB Bank NDB and National Establishment of NDB Zephyr 1979 Stockbrokers 1999 Development Bank Partners Ltd. (NDBZ); jointly & NDB owned by NDB Capital Formation of Venture Partners Zurich Holdings PLC (60%) and the National Investments
Slide 6: Performance Summary
Performance summary D>»
Slide 7: 1H 2015 Snapshot
1H 2015 Snapshot Assets Loans Deposits 277 Bn 16% 186 Bn 18% 170 Bn 22% Net Interest Income 3.80 Bn 2.4% Profit for Shareholders Other Income 2.33 Bn 2.9% 1.44 Bn 29% Overheads 3.28 Bn 17.9% Impairment 0.22 Bn 1.1% Operating Profit 2.64 Bn 20.0% Note: Growth % on YoY basis
Slide 8: Income Statement
Income Statement Net Interest Income Vs. NIM 4,500 4.5% 4.0% LKR Mn 1H 2015 YoY (%) 4,000 3.6% 3.5% 4.0% 3,500 3.5% 2.8% Gross Income 12,643 (1.1) 3,000 3.0% NII LKR Mn NIM % 2,500 2.5% Interest Income 10,310 (0.6) 2,000 2.0% 1,500 1.5% Interest Expenses 6,507 0.4 1,000 1.0% 2,743 3,354 3,896 3,803
Slide 9: Balance Sheet
Balance Sheet Total Assets Vs. ROA 300 3% LKR Mn 1H 2015 YoY (%) 250 2.0% 1.7% 2% Cash & Cash Equivalents 22,604 200 1.4% Assets LKR Bn 2% 1.1% ROA % 150 Investments 64,615 1% 100 Net Loans & Advances 181,274 18.2 50 1% 174 207 269 277 Fixed Assets 2,208 0 0% 2012 2013 2014 1H 2015 Other Assets 6,14
Slide 10: Key Performance Indicators
Key Performance Indicators EPS Vs. ROE 30 20.0% 2013 2014 1H 2015 25 15.8% 16.24% 15.0% Return on Equity 10.70% 15.78% 10.21% 20 EPS LKR 10.7% 10.21% ROE % 15 10.0% Return on Assets 1.39% 1.74% 1.06% 10 Net Interest Margin 3.68% 3.33% 2.79% 5.0% 16.5 25.1 25.4 17.5 5 NPL Ratio 2.48% 2.51% 2.64% 0 0.
Slide 11: Revenue Sources
Revenue Sources Gross Revenue 1H 2014 Int. Income Other Trading Fee 1H 2015 66 LKR Mn 332 317 12,778 54 12,643 Non Interest Income - Composition Non Interest Income - Segmental Contribution 2,400 1H 2014 -45% 403 735 28% 24% 1,900 468 1H 2015 -10% 23% 522 26% LKR Mn 1,400 900 4% 3% 28% 1,462 Corpora
Slide 12: Operating Efficiency
Operating Efficiency 7,000 3.5% 2.8% 2.9% 6,000 3.0% 2.5% 2.4% 2.5% 5,000 2.5% Cost / Avg. Assets 46% 4,000 52% 2.0% LKR Mn 48% 3,000 1.5% 45% 2,000 44% 1.0% 1,000 0.5% - 0.0% 2012 2013 2014 1H 2014 1H 2015 Depreciation and amortization Other Expenses Personnel Expenses Cost/Avg. Assets 2012 2013 20
Slide 13: Loans & Advances
Loans & Advances Growth Trend YoY Growth (%) - Segments FCY LKR 18% Retail & SME 27% CAGR 28% 45 46 38 33 Project Finance LKR Bn 28 26% 23 136 140 19 108 120 91 73 Corporate 8% 49 2010 2011 2012 2013 2014 1H 2014 1H 2015 Capital Adequacy Trend Retail & SME Asset Growth – Key Products Auto Finance Ho
Slide 14: Customer Deposits
Customer Deposits Growth Trend CASA Trend FCY LKR 22% 28.7% CAGR 26% 24.0% 24.6% 24.0% 50 22.4% 23.0% 37 30 30 LKR Bn 28 6 5 115 110 120 100 76 79 55 2010 2011 2012 2013 2014 1H 2014 1H 2015 2010 2011 2012 2013 2014 1H 2015 Liquidity Remains Healthy Highest YTD growth in Deposits DBU FCBU Minimum Re
Slide 15: Asset Quality
Asset Quality
Slide 16: Asset Quality
Asset Quality NPL Trend Vs. Industry Provision Cover Trend Total NPL (NDB) Provision Cover (NDB) 5.4% 5.6% Provision Cover (Industry) 6,000 75% 75% 80% 4.2% 62% 3.8% 3.7% 70% 5,000 51% 50% 53% 60% 45% 46% 2.6% 41% 4,000 2.5% 2.5% 50% 33% 35% 1.9% 40% 3,000 4,875.24 1.4% 1.3% 2,000 30% 1,355 1,364 1,
Slide 17: External Recognition
External Recognition PS}
Slide 18: Global Recognition
Global Recognition Retail/Wholesale Banking Awards 2015 • Domestic Retail Bank of the Year – Sri Lanka Global Finance - World's Best Banks • Best SME Bank – Sri Lanka Awards BEST EMERGING MARKETS • Cash Management Bank of the year – Sri Lanka BANKS IN ASIA PACIFIC 2015- Winner - Sri Lanka • Project
Slide 19: Disclaimer
Disclaimer This document has been prepared by National Development Bank (“NDB or the “Bank”) solely for use at its presentation to potential & current investors. By accepting this document, you agree to maintain absolute confidentiality regarding the information disclosed in this document The in
Slide 20: Q & A Session
»)> Q &A Session
Slide 21: THANK YOU
THANK YOU Visit our Web site : www.ndbbank.com Investor Relations
National Development Bank — H1 2015 Earnings Presentation on 6ix