Banque Saudi Fransi · TADAWUL:1050
Banque Saudi Fransi — FY2018 Earnings Presentation
19 slides from Banque Saudi Fransi's earnings presentation, 2019
Slide 1: Years of Excellence
Years of Excellence Col c ry jLLi_oJl (jo Banque Saudi Fransi
Slide 2: 2018 Results Presentation
2018 Results Presentation 2
Slide 3: Disclaimer
Disclaimer This presentation is being provided to you for general information purposes. The information contained in the presentation has been obtained from sources believed by Banque Saudi Fransi (“BSF") to be up to date, correct and reliable, but BSF does not make any representation or warranty, e
Slide 4: BSF at a glance
BSF at a glance Approximately 1,000,000 retail clients 3,700 corporate clients 5th largest bank in Saudi Arabia by asset size 6th largest bank in Saudi Arabia by market cap Domestic Systemically Important bank Established in 1977 – a combination of Saudi interests and Banque Indosuez (initially se
Slide 5: BSF Share Profile
BSF Share Profile Shareholding Structure Share Profile Overview Listed on Saudi Arabia’s Stock Exchange (“Tadawul”) Symbol: BSFR Number of shares issued: 1,205 million Market cap (3) : SAR 37.8Bn (USD 10.1Bn) BSF market cap to Saudi banking industry: 6.11% BSF market cap to Saudi Stock M
Slide 6: 2018 Results: Key points
2018 Results: Key points • Balance sheet declined (-1.4% YoY). Total assets of SAR 190Bn with lower interbank lending (-15.0% YoY) and cash & central bank balances (-6.6% YoY). On the other hand the investment portfolio increased (+12.0% YoY). • Net loans decreased by SAR 1.3Bn or (-1.1% YoY), cause
Slide 7: Balance Sheet Highlights
Balance Sheet Highlights SAR Mn 2015 2016 2017 2018 Y/Y Composition of BSF assets Balance Sheet 63.4% Total Assets 183,724 203,429 192,929 190,201 -1.4% Loans and Advances 123,769 129,458 121,940 120,632 -1.1% Customer deposits - which include: 141,852 158,458 150,954 148,368 -1.7% Non commisssion b
Slide 8: Balance Sheet Highlights
Balance Sheet Highlights Total Assets (SAR Bn) Total Equity (SAR Bn) CAGR 2012-2018: 3% CAGR 2012-2018: 5% 31.7 30.8 203.4 29.7 188.8 192.9 190.2 27.5 183.7 26.5 170.1 157.8 22.7 23.2 -2.7% -1.4% Y/Y Y/Y 2012 2013 2014 2015 2016 2017 2018 2012 2013 2014 2015 2016 2017 2018 Customer net Loans (SAR Bn
Slide 9: Income Statement Highlights
Income Statement Highlights Net Interest Income (SAR Mn) SAR Mn 2015 2016 2017 2018 Y/Y 1,261 Net interest income 4,055 4,256 4,700 5,017 6.7% 1,256 1,252 1,247 Non-interest income 2,236 2,144 1,876 1,782 -5.0% 1,214 Revenues 6,291 6,400 6,576 6,799 3.4% 4Q 2017 1Q 2018 2Q 2018 3Q 2018 4Q 2018 Share
Slide 10: Segmental Performances (by business)
Segmental Performances (by business) Corporate Banking 45% Of Bank revenues In SAR Mn 2015 2016 2017 2018 YoY % Tota l As s ets 110,466 116,505 107,093 102,523 -4.3% Revenues 3,058 3,103 3,001 3,093 3.1% Opera ti ng expens es 576 598 580 621 7.1% Impa i rment cha rges 144 689 527 1,014 92.5% Net Inc
Slide 11: Segmental Performances (by business)
Segmental Performances (by business) Retail Banking 26% Of Bank revenues In SAR Mn 2015 2016 2017 1H172018 YoY % Tota l As s ets 15,978 16,500 17,791 19,764 11.1% Revenues 1,506 1,491 1,553 1,751 12.8% Opera ti ng expens es 1,050 1,110 1,170 1,115 -4.7% Impa i rment cha rges 37 80 134 158 18.0% Net
Slide 12: Segmental Performances (by business)
Segmental Performances (by business) Global Markets and ALM 25% Of Bank revenues In SAR Mn 2015 2016 2017 1H172018 YoY % Tota l As s ets 55,694 69,346 66,836 66,580 -0.4% Revenues 1,406 1,531 1,759 1,677 -4.7% Opera ti ng expens es 251 246 474 380 -19.8% Impa i rment cha rges - - 4 30 763.9% Sha re
Slide 13: Profitability & Efficiency
Profitability & Efficiency Net Interest Income (SAR Mn) Revenue (excluding associates) & Operating Expense (SAR Mn) 5,017 6,576 6,799 4,700 6,291 6,400 4,256 4,055 3.00% 2.74% 2.41% 2.44% 2.42% 2.71% 2,093 2,149 2,387 2,291 2.24% 2.26% 2015 2016 2017 2018 Net Interest NIM Net Interest / Credit Risk
Slide 14: Loan Portfolio Breakdown
Loan Portfolio Breakdown Net Loans, NPL & Coverage Ratios (SAR Mn) Cost of Risk, Total Impairment Charge (SAR Mn) 129,458 123,769 121,940 120,632 2.91% 2.73% 207.0% 176.0% 112.0% 0.90% 100.1% 1.29% 2015 2016 2017 2018 Net Loans NPL Coverage NPL / Gross loans 14
Slide 15: Loan Portfolio Breakdown
Loan Portfolio Breakdown Loan Portfolio 2017 Loan Portfolio 2018 Government Fi nancial Government Fi nancial 4% i ns titution 3% 4% i ns titution 2% Agri cul ture 1% Agri cul ture 2% Others 9% Others 10% Cons umer Loa ns 10% Cons umer Ma nufacturing Ma nufacturing Loa ns 11% 17% 17% Servi ces 10% SA
Slide 16: Funding Mix
Funding Mix Funding Mix (SAR Mn) Customer Deposit Breakdown (SAR Mn) 180,000 Thousands 158,458 173,730 150,955 148,368 141,852 2%3% 161,268 159,388 175,000 156,240 42% 4% 43% 2%3% 4% 1% 1% 34% 51% 1% 4% 1% 83.3% 4% 170,000 78.4% 79.7% 80.2% 66% 58% 57% 49% 165,000 2015 2016 2017 2018 160,000 91% 94%
Slide 17: Capital Adequacy Ratio
Capital Adequacy Ratio 19.39% 19.77% 17.78% 2.06% 17.16% 1.87% 2.02% 2.20% 17.52% 17.71% 14.96% 15.76% 2015 2016 2017 2018 Tier 1 Capital Tier 2 Capital Comfortable capital position: Maintaining strong CAR at 19.77% after zakat settlement- solid Tier-1 with solid internal capital generation capaci
Slide 18: Thank You
Thank You 18
Slide 19: Investor relations contacts
Adel Mallawi Chief Financial Officer Farid Charane Head of Strategy and Financial Support Abeer Alblali Investors Relations Officer 19