Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk · IDX:BJBR
Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk — PT Bank Pembangunan Daerah Jawa Barat dan Banten — Q1 2023 Earnings Presentation
46 slides from Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk's earnings presentation, 2023
Slide 1: Corporate Presentation 1Q2023
CORPORATE PRESENTATION 1Q2023 PT Bank Pembangunan Daerah Jawa Barat dan Banten, Tbk (Regional Development Bank of West Java and Banten/BJBR.IJ) Please kindly scan to access the materials
Slide 2: Investment Proposition
Investment Proposition The Economic Potential of Pioneer of Regional The First Movers on West Java & Banten Development Bank (BPD) Synergy Sustainable Banking in Indonesia As Indonesia’s 2nd Largest Economic Region (Combined) As Indonesia’s Largest Regional Development Bank Strong Commitment to ESG
Slide 3: The Economic Potential of West Java & Banten Region
The Economic Potential of West Java & Banten Region With Formidable Captive Market in Well-Established Ecosystem Benefited from West Java & Banten Economic Development Formidable Captive Market In Well-Established Ecosystem As Indonesia’s 2nd Largest Economic Region (Combined) - Source BPS Governmen
Slide 4: Pioneer of Regional Development Bank (BPD) Synergy
Pioneer of Regional Development Bank (BPD) Synergy As Indonesia’s Largest Regional Development Bank Regional Development Bank Financial Performance Regional Development Bank Breakdown (27 BPD, SPI OJK as of 28 February 2023) Rp Trillion Market Share (%) Based on Total Assets (Bank Only, 28 February
Slide 5: Bank Business Group (KUB) of bank bjb
Pioneer of Regional Development Bank (BPD) Synergy Bank Business Group (KUB) of bank bjb bank bjb’s Group Structure Subsidiaries and Affiliate Company bjb Sekuritas bjb Syariah Ownership 78,95% Ownership 99.24% Subsidiary BPR Intan Jabar Company Total Assets Total Deposits Total Financing Net Income
Slide 6: Transforming From Regional to Nationwide Coverage
Transforming From Regional to Nationwide Coverage With Hybrid-Bank Business Model Strengthen Offline Channels Enhancing Online Services Affiliate Company East Potential Addition North Sumatra Kalimantan KUB Members Digi Mobile as Omni Channels Riau bjb Riau Island Cardless South Sumatra LOI KUB Sept
Slide 7: Commitment for ESG Implementation: Sustainable Banking
Commitment for ESG Implementation Sustainable Banking Sustainable Portfolio Infrastructure Financing & Government Collaboration Rp. 13,6 Trillion bjb INDAH Financing for infrastructure projects, government-related procurement and government deficit cash flow. MSME Business Eco Friendly Commercial Se
Slide 8: Commitment for ESG Implementation: Sustainable Operation
Commitment for ESG Implementation Sustainable Operation Digital Village 2.0 Program Empowering MSME’s Paperless Movement Support digitalization in a number of administrative bjb PESAT Developing systems that processes and financial (Pemberdayaan Ekonomi Masyarakat Terpadu) can eliminate or reduce se
Slide 9: Consolidated
1Q2023 Performance Consolidated 9
Slide 10: Key Takeaways
Key Takeaways 2023’s Guidance Is Mostly On Track High-Yield Segment Continues to Expand Only the loan growth is slightly off track below 2023’s guidance (1Q23 Consumer Loans with a loan yield of 12.2% managed to grow +5.85% YoY, with +10.3% YoY, Guidance 12% ± 1%) due to being more selective for the
Slide 11: Financial Performance: 1Q2023 Result Summary
Financial Performance 1Q2023 Result Summary • Net Interest Income at Rp 1.70 tr (-15.7% YoY) Income • PPOP at Rp 552 bn (-38.2% YoY) Statement • LLP at Rp 100 bn (-33.8% YoY) • Net Income at Rp 366 bn (-38.2% YoY) • Total Loans at Rp 108.7 tr (+10.2% YoY) Balance • Total Financing at Rp 7.7 tr (+18.
Slide 12: Income Statement
Income Statement Consolidated YoY Result QoQ Result Income Statement YoY YoY (Rp bn) (%) (Rp bn) 1Q22 1Q23 1Q22 4Q22 1Q23 QoQ (%) YoY (%) Interest Income 3,192 3,427 +7.4% +235 +3,192 +3,757 +3,427 -8.8% +7.4% Interest Expense 1,176 1,728 +47.0% +552 +1,176 +1,539 +1,728 +12.3% +47.0% Net Interest I
Slide 13: Balance Sheet
Balance Sheet Consolidated Balance Sheet YoY 1Q22 2Q22 3Q22 4Q22 1Q23 (Rp bn) (%) Cash 2,592 2,641 2,475 3,300 2,944 +13.6% Current Account with Bank Indonesia 6,246 9,702 11,855 13,033 10,998 +76.1% Secondary Reserves 47,214 43,334 35,588 41,876 37,347 -20.9% Loans & Financing 105,139 110,242 113,4
Slide 14: Key Ratios
Key Ratios Bank Only Key Ratios (%) 1Q22 2Q22 3Q22 4Q22 1Q23 YoY Return on Assets/ROA (Net) 1.5 1.5 1.5 1.4 0.9 -0.6 Return on Equity/ROE (Net) 16.3 17.1 16.9 15.5 9.2 -7.1 Cost to Income Ratio/CIR 64.1 66.2 66.8 70.0 75.4 +11.4 Profitability Expenses Ratio/BOPO 79.0 78.4 78.7 80.4 87.8 +8.8 Net Int
Slide 15: Yield Analysis
Yield Analysis Bank Only Cost of Fund Breakdown Trend Asset Yield (%) 1Q22 2Q22 3Q22 4Q22 1Q23 7.6 7DRR Cost of Fund Placement to BI 1.5 1.5 1.4 1.4 1.0 Current Account Savings Account Interbank Placement 1.1 1.0 0.9 1.0 1.1 Time Deposit 6.8 6.9 6.7 Securities 3.8 4.0 4.0 4.5 4.6 6.5 Loans Yield 11.
Slide 16: Guidance
Guidance Bank Only 2023 (%) 1Q22 2Q22 3Q22 4Q22 1Q23 Guidance Loans Growth 8.2 12.9 11.6 13.1 10.3 12.0 ± 1.0 Loan to Deposit Ratio 79.2 80.2 88.2 85.0 86.0 ≤ 90.0 NIM 5.7 5.7 5.8 5.9 4.8 4.75 ± 0.25 Cost of Fund 3.0 3.0 3.0 3.2 4.3 4.5 ± 0.25 Coverage Ratio 157.1 152.9 148.9 124.3 121.9 125 ± 5 Gro
Slide 17: Bank Only Details
1Q2023 Performance Bank Only Details 17
Slide 18: Loans Segmentation
Loans Segmentation Consumptive & Productive Segment Consumptive Segment CONSUMER LOAN Retired ~ 60 yo Hired Active Period Retirement Period Max Age Market Penetration 25-30 yo 75 yo Multipurpose Loan Pensioners Loan Number of Civil Servant in West Java & Number of Pensioners Whose Their Banten (Perm
Slide 19: Loans Breakdown
Loans Breakdown Loans Outstanding Consumer Mortgage Corporate Commercial Micro % SML % NPL (Rp Tr) (%) 120 5 Segment (Rp bn) 1Q22 1Q23 YoY (%) 6.6 7.0 6.8 100 6.2 6.5 9.6 10.1 9.4 4 Consumer 62,579 66,239 +5.8% 5.8 6.0 6.0 7.0 8.3 Consumptive 5.9 8.2 7.5 6.3 6.7 16.4 16.5 16.5 Segment 80 14.4 16.4 1
Slide 20: Loans Movement
Loans Movement Loans Disbursement, Run Off & Write Off Loan Movement (Rp bn, YoY) Loan Movement (Rp bn, QoQ) 1Q22 – 1Q23 4Q22 – 1Q23 Micro; 3,478 Write Off Breakdown Write Off Breakdown Consumer Micro Consumer Micro Corporate & Commercial Mortgage Corporate & Commercial Mortgage Corporate & Commerci
Slide 21: Consumer Loans
Consumer Loans Bank Only Multipurposes Pre-Pensioners Pensioners % SML % NPL YoY Key Indicators 1Q22 1Q23 (Rp Tr) (%) (%) 70 5 Loans Outstanding 62,579 66,239 +5.85% (Rp bn) 8.8 9.0 60 8.2 8.5 7.0 7.3 7.6 7.9 Net Expansion 6.8 663 1,077 +62.39% 4 YtD (Rp bn) 11.6 11.9 50 11.3 11.5 11.5 11.6 Avg. Loa
Slide 22: Mortgage Loans
Mortgage Loans Bank Only FLPP KPR Primary Others % SML % NPL YoY Key Indicators 1Q22 1Q23 (Rp Tr) (%) (%) 10 10 Loans Outstanding 9 9 8,124 9,447 +16.28% (Rp bn) 8 2.8 8 2.8 Net Expansion 2.8 352 236 -32.88% 2.8 YtD (Rp bn) 7 7 2.8 2.8 Avg. Loans Outstanding 2.8 6 6 204 200 -2.18% 2.9 2.9 (Rp mn) 5
Slide 23: Corporate Loans
Corporate Loans Bank Only Corporate Loans % SML % NPL YoY Key Indicators 1Q22 1Q23 (Rp Tr) (%) (%) 18 10 Loans Outstanding 9 14,367 16,482 +14.72% 16 (Rp bn) 8 14 Net Expansion 2,115 (38) -101.82% YtD (Rp bn) 7 12 Avg. Loans Outstanding 6 28 28 +0.45% 10 (Rp mn) 5 8 16.4 16.4 16.5 16.5 No of Account
Slide 24: Commercial Loans
Commercial Loans Bank Only Commercial Loans % SML % NPL YoY Key Indicators 1Q22 1Q23 (Rp Tr) (%) (%) 12 15 Loans Outstanding 14 6,988 9,364 +34.00% (Rp bn) 13 10 Net Expansion (499) (761) +52.39% 12 YtD (Rp bn) 11 Avg. Loans Outstanding 2,262 2,678 +18.40% 8 10 (Rp mn) 9 No of Account 3,090 3,497 +1
Slide 25: Micro Loans
Micro Loans Bank Only Reguler Program Linkage % SML % NPL YoY Key Indicators 1Q22 1Q23 (Rp Tr) (%) (%) 8 5 Loans Outstanding 6,197 6,838 +10.34% 7 (Rp bn) 4 Net Expansion 6 182 (137) -174.91% YtD (Rp bn) 3.0 2.8 2.8 5 2.9 Avg. Loans Outstanding 2.8 3 125 68 -45.76% 3.1 2.9 (Rp mn) 3.2 3.1 4 No of Ac
Slide 26: Special Mention Loans
Special Mention Loans Consumer Micro Corporate & Commercial Mortgage % SML Total SML Consumer Micro Corporate & Commercial Mortgage (Rp Tr) (%) 3,000 5 100% 2,682 2,608 21% 2,536 22% 22% 22% 2,508 25% 27% 28% 27% 27% 2,500 574 4 80% 2,250 2,223 578 2,113 560 2,059 2,038 668 2,000 608 618 19% 470 32%
Slide 27: Non Performing Loans
Non Performing Loans Consumer Micro Corporate & Commercial Mortgage % NPL Total NPL Consumer Micro Corporate & Commercial Mortgage (Rp Tr) (%) 1,400 5 100% 1,307 1,270 1,252 1,221 20% 20% 20% 21% 19% 20% 1,197 1,188 22% 23% 22% 1,200 1,166 1,135 1,135 256 283 236 4 80% 275 259 237 232 1,000 227 233
Slide 28: Restructured Loans
Restructured Loans Consumer Micro Corporate & Commercial Mortgage % Loan Restruct Consumer Micro Corporate & Commercial Mortgage (Rp Tr) (%) 100% 5,000 10 4,625 4,655 4,602 18% 18% 18% 4,551 22% 22% 18% 18% 4,484 23% 30% 4,500 80% 854 844 825 801 812 4,000 3,878 3,851 8 3,801 60% 25% 47% 49% 50% 3,5
Slide 29: Deposit Breakdown
Deposit Breakdown Bank Only Current Account Saving Account Time Deposit (Rp Tr) Deposits Breakdown YoY 140 1Q22 1Q23 (Rp bn) (%) 120 Current Account 31,575 30,611 -3.05% 100 66.5 Saving Account 66.4 59.6 70.4 66.6 22,561 23,816 +5.56% 80 68.3 62.8 57.5 62.0 60 Time Deposit 66,438 66,593 +0.23% 24.2
Slide 30: Capital Adequacy
Capital Adequacy Risk Weighted YoY 1Q22 1Q23 •Total Capital Rp 17.2 tr (+Rp 2.3 Tr YoY) Asset (RWA) (%) Total RWA 87,168 81,508 -6.5% • Total CAR at 21.1% (+399 bps YoY) Credit Risk 64,127 70,989 +10.7% Addition to Net Impact to RWA/ CAR Analysis Risk Weighting CAR Operational Risk 14,787 6,704 -54.
Slide 31: Consumer Loan Details
1Q2023 Performance Consumer Loan Details 31
Slide 32: Multipurpose Loans
Multipurpose Loans Multipurposes % SML % NPL YoY (Rp Tr) (%) Key Indicators 1Q22 1Q23 46 5 (%) 45.3 Loans Outstanding 43,155 45,301 +4.97% 45 44.7 Net Expansion 4 186 548 +194.30% YtD (Rp bn) 44.3 Avg. Loans Outstanding 44 112 110 -1.88% 43.6 (Rp mn) 3 43.2 43.0 No of Account 384,153 410,978 +6.98%
Slide 33: Pre-Pensioner Loans
Pre-Pensioner Loans Pre-Pensioners % SML % NPL YoY (Rp Tr) (%) Key Indicators 1Q22 1Q23 13 5 (%) Loans Outstanding 11,487 11,893 +3.54% 12 11.9 11.6 11.6 4 Net Expansion 11.5 11.5 163 286 +75.31% 11.3 YtD (Rp bn) 11.2 11.0 10.9 Avg. Loans Outstanding 11 165 155 -6.38% (Rp mn) 3 No of Account 69,427
Slide 34: Pensioner Loans
Pensioner Loans Pensioners % SML % NPL YoY (Rp Tr) (%) Key Indicators 1Q22 1Q23 10 5 (%) Loans Outstanding 7,938 9,045 +13.94% 9.0 9 8.8 4 Net Expansion 8.5 314 242 -22.70% YtD (Rp bn) 8.2 7.9 Avg. Loans Outstanding 8 121 125 +3.36% 7.6 (Rp mn) 3 7.3 7.0 No of Account 65,697 72,425 +10.24% 7 6.8 % P
Slide 35: bank bjb Sharia Performance
1Q2023 Performance Syariah bank bjb Sharia Performance 35
Slide 36: Result Summary: bank bjb Sharia
Result Summary bank bjb Sharia Syariah • Net Financing Income at Rp 132 bn (+1.6% YoY) Income • PPOP at Rp 33 bn (-8.2% YoY) Statement • Net Income at Rp 16 bn (-43.3% YoY) • Total Financing at Rp 7.7 tr (+18.9% YoY) Balance • Total Deposits at Rp 8.5 tr (+14.4% YoY) Sheet • Total Asset at Rp 11.9 t
Slide 37: Income Statement: bank bjb Sharia
Income Statement bank bjb Sharia Syariah Income Statement YoY 1Q22 1Q23 (Rp mn) (%) Financing Income 186,180 213,147 +14.5% Financing Expense 56,313 81,230 +44.2% Net Financing Income 129,867 131,917 +1.6% Other Operating Income 10,191 18,982 +86.3% Operating Expense 104,036 117,813 +13.2% PPOP 36,0
Slide 38: Balance Sheet: bank bjb Sharia
Balance Sheet bank bjb Sharia Syariah BS highlight YoY 1Q22 1Q23 (Rp Mn) (%) Cash 109,643 102,030 -6.9% Current Account with Bank Indonesia 274,156 595,206 +117.1% Secondary Reserves 3,062,109 3,033,415 -0.9% Financing-net 6,382,514 7,587,076 +18.9% Fixed Asset-net 300,266 308,528 +2.8% Other Asset
Slide 39: Key Ratios: bank bjb Sharia
Key Ratios bank bjb Sharia Syariah Sharia 1Q22 1Q23 YoY (%) CAR 23.6 21.3 -2.3 NPF Gross 3.5 4.4 +0.9 NPF Nett 1.8 2.8 +1.0 ROA 1.4 0.7 -0.7 ROE 9.7 5.1 -4.6 BOPO 81.8 91.3 +9.5 FDR 87.3 90.0 +2.7 NIM 5.6 5.0 -0.6 39
Slide 40: Financing and Funding Breakdown
Financing and Funding Breakdown bank bjb Sharia Syariah Financing YoY 1Q22 1Q23 (Rp mn) (%) Murabahah 4,149,765 4,699,291 +13.2% Qardh 125,035 103,409 -17.3% Financing 2,240,441 2,943,423 +31.4% Istishna 683 575 -15.8% Total Gross Financing 6,515,924 7,746,698 +18.9% Funding YoY 1Q22 1Q23 (Rp mn) (%
Slide 41: Company Profile
Company Profile bank bjb 41
Slide 42: Management
Management Board of Commissioners Diding Sakri Muhadi Farid Rahman Fahlino F. Sjuib Setiawan Independent Commissioner Independent President Independent Wangsaatmaja Commissioner Commissioner Commissioner Commissioner Last Position Last Position Last Position Last Position Last Position Researcher, K
Slide 43: Network Distribution
Network Distribution North East Sumatera Kalimantan bjb Network 1Q22 1Q23 YoY Riau Office Channels 928 926 -2 Riau Island Branch 65 64 -1 South Sumatera Sub Branch 839 838 -1 LOI KUB Sept 2022 bjb Priority 18 18 - Jakarta Ownership 7,15% South West Java Kalimantan MSME Center 6 6 - Central East Lamp
Slide 44: Human Capital
Human Capital Educational Breakdown Level 1Q22 1Q23 YoY Board of Commissioners 5 5 0 Directors 7 7 0 Master of Doctorare Top Management 35 33 -2 10% Senior Management 161 182 21 Up to Bachelor Degree Middle Management 635 648 13 90% First Line Management 1,589 1,680 91 Age Breakdown Staff 5,140 4,83
Slide 45: Shares and Ratings Information
Shares and Ratings Information Shares Outstanding shares as of 31 December 2022 : 10,521,443,686 shares ------------------------------------------------------------------------------------------------------------------------------------------------ Shares-Related Corporate Action - Right Issue I (Ma
Slide 46: Investor Relations Contact
PT Bank Pembangunan Daerah Jawa Barat dan Banten, Tbk Investor Relations (IR) IR Head IR Manager CONTACT CONTACT Menara bank bjb 7th Floor Jl. Naripan 12 – 14, Bandung 40111 Gekan Purnama Zainal Dandelina Rifyandini INFORMATION PERSON Phone : +622 4234868 Email : ir@bankbjb.co.id Email : gzainal@ban
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