Bank Of Bahrain And Kuwait B.s.c. · BAHRAIN:BBK
Bank Of Bahrain And Kuwait B.s.c — Shareholder Meeting (March 2020)
22 slides from Bank Of Bahrain And Kuwait B.s.c's shareholder meeting presentation, Mar 24, 2020
Slide 1: Ordinary General Meetings
Ordinary General Meetings 24 March 2020
Slide 2: Agenda
Agenda ► Regional and Global ► Awards and Certifications Operating Environment ► Our People ► Financial Performance ► Corporate Social ► Operational Segments Responsibility ► Corporate Achievements ► Going Forward 2
Slide 3: Regional and Global Operating Environment
Regional and Global Operating Environment 3
Slide 4: Regional & Global Operating Environment
Regional & Global Operating Environment Regional Operating Environment (GCC Including Bahrain) ▪ Oil Price war may lead to further decline in oil prices. ▪ Fed rate cut will impact GCC banks profitability. ▪ Due to coronavirus spread, businesses to suffer and fiscal deficits to widen. ▪ Rising budge
Slide 5: Regional & Global Operating Environment (Cont’d)
Regional & Global Operating Environment (Cont’d) Global Operating Environment The global economy is expected to slowdown due to coronavirus outbreak and its effect on consumer sentiment. USA: ➢ Expect further policy rate easing ➢ Uncertainty around election Europe: ➢ Pace of growth is slowing with n
Slide 6: Financial Performance & Operational Segments
Financial Performance & Operational Segments 6
Slide 7: Financial Performance
Financial Performance The focus on core banking activities along with consistent performance, proactive risk management approaches and commitment to strategic goals resulted in the delivery of another record performance growth of 12.4% for the year. 75.4 67.1 58.7 56.4 53.2 2015 2016 2017 2018 2019
Slide 8: Financial Performance (Cont’d)
Financial Performance (Cont’d) Diluted earnings per share for the year ended 31 Dec 2019 enhanced and reached 59 fils 59 52 50 44 45 2015 2016 2017 2018 2019 8 Diluted Earnings Per Share (Fils)
Slide 9: Financial Performance (Cont’d)
Financial Performance (Cont’d) Total assets recorded an increase of 7.9% or BD 283 million over 2018 3,646 3,703 3,763 3,865 3,582 2015 2016 2017 2018 2019 Total Assets (BD Millions) 9
Slide 10: Financial Performance (Cont’d)
Financial Performance (Cont’d) Customer Deposits remained at healthy position of BD 2,170 million by end of 2019, leading to good level of loans to customer deposits ratio of 77%. 2,643 2,624 2,494 2,374 2,170 2015 2016 2017 2018 2019 Customer Deposits (BD Millions) 10
Slide 11: Financial Performance (Cont’d)
Financial Performance (Cont’d) Due to active risk management and recovery efforts, the net provision for impairments for the year reduced to BD 19.0 million. 35 29 23 20 19 2015 2016 2017 2018 2019 Net provision for impairments 11 (BD Millions)
Slide 12: Operating Segments: Operating Income
Operating Segments Operating Income BD 158mm Int’l Banking Retail Banking BD 26mm BD 59mm 16.4% 37.4% 26.2% TISD & Other 20.0% Activities BD 41mm Corporate Banking BD 32mm 12
Slide 13: Operating Segments (Cont’d)
Operating Segments (Cont’d) Customer Deposits Net Loans & Advances Int’l BD 2,170mm BD 1,671mm Banking Retail Int’l Banking Retail BD 472mm Banking BD 611mm Banking BD BD 476mm 866mm 40% 28% 37% 38% 35% Corporate Corporate Banking Banking BD 832mm BD584mm 13
Slide 14: Corporate Achievements and Awards and Certifications
Corporate Achievements and Awards and Certifications 14
Slide 15: Corporate Achievements
Corporate Achievements BBK has been vigorously pursuing its strategic objectives as summarized below: ➢ BBK distributed an interim cash dividends of 10 fils per share. ➢ Successfully converted BD 86.1 million “the AT1 perpetual bonds” to CET1 capital ➢ Successfully issued USD 500 million new senior
Slide 16: Awards & Certifications
Awards & Certifications ➢ Top CEO Award ➢ CitiBank USD STP The Fifth Edition of the Top (Straight-Through-Processing) CEO Conference & Awards Recognition award 2019 (in GCC) 16
Slide 17: Our People & Corporate Social Responsibility
Our People & Corporate Social Responsibility 17
Slide 18: Our People – The core of our success
Our People – The core of our success Continued focus on developing our number one asset, “our people”: ➢ Investment in training continued, such as: ▪ Management trainee development programme in financial technology (FinTech) – First of its kind in Bahrain ▪ Leadership Development Programmes ▪ BBK e-
Slide 19: Corporate Social Responsibility
Corporate Social Responsibility ▪ Throughout 2019, the appropriated amount of BD 1.6 million out of 2018 net profit for donations was distributed to a considerable number of non-profit organizations in 13 key areas: philanthropy, special needs, education, medical, social, sport, culture, the elderly
Slide 20: Going Forward
seb BBK ne se Going Forward
Slide 21: Going Forward: Strengthening Core Activities & Adapting Fintech
Going Forward Strengthening Core Activities & Adapting Fintech ➢ Year 2020 marks the second year of BBK’s current 3 years Corporate Strategy 2019-2021. ➢ The strategy focuses on 2 pillars: ▪ Strengthening BBK’s core activities, and ▪ Adapting latest Fintech innovations. ➢ We are vigorously pursuing
Slide 22: Thank you
seb BBK We smile Thank you
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