Bank Of Bahrain And Kuwait B.s.c. · BAHRAIN:BBK

Bank Of Bahrain And Kuwait B.s.c — Shareholder Meeting (March 2021)

22 slides from Bank Of Bahrain And Kuwait B.s.c's shareholder meeting presentation, Mar 24, 2021

  1. Slide 1: Annual General Meeting

    Annual General Meeting 24 March 2021

  2. Slide 2: Agenda

    Agenda ► Regional & Global ► Our People Operating Environment ► Sustainability & ► Financial Performance Corporate Social ► Corporate Achievements Responsibility 2 Annual General Meeting

  3. Slide 3: Regional & Global Operating Environment

    Regional & Global Operating Environment

  4. Slide 4: Regional Operating Environment (GCC Including Bahrain)

    Regional & Global Operating Environment Regional Operating Environment (GCC Including Bahrain) ► Dual shock of COVID-19 pandemic and low oil prices. ► Rising budget deficits and public debt. ► An economic contraction that ranges from -5% to -10% during the year 2020. ► Adopting fiscal balance and re

  5. Slide 5: Global Operating Environment

    Regional & Global Operating Environment (Cont’d) Global Operating Environment: ► A global economic contraction ranging between -3.0% to -10.0% during the year 2020:  US -3.4%  UK -10.0%  EU -7.2%  China +2.3% ► Sharp decline interest rates. ► Adopting monetary easing and stimulus programs. 5 Ann

  6. Slide 6: Financial Performance

    Financial Performance

  7. Slide 7: The Bank's Efforts in Dealing with the COVID-19 Pandemic

    The Bank's Efforts in Dealing with the COVID-19 Pandemic ► Protecting our employees and customers. ► Enhancing liquidity levels. ► Maintaining comfortable capital adequacy. ► Supporting our customers. 7 Annual General Meeting

  8. Slide 8: Financial Performance: Net Profit

    Financial Performance The Group achieved a net profit attributable to the owners of the Bank of BD 52.0 million during 2020, a decline of 31.0% compared to 2019. 75.4 67.1 58.7 56.4 52.0 2016 2017 2018 2019 2020 8 Annual General Meeting Net Profit (BD Millions)

  9. Slide 9: Diluted Earnings Per Share

    Financial Performance (Cont’d) Diluted earnings per share for the year 2020 reached to 39 fils 56 49 42 43 39 2016 2017 2018 2019 2020 9 Annual General Meeting Diluted Earnings Per Share (Fils)

  10. Slide 10: Total Assets

    Financial Performance (Cont’d) Total assets stood at BD 3,760 Millions 3,763 3,865 3,760 3,703 3,582 2016 2017 2018 2019 2020 Total Assets (BD Millions) 10 Annual General Meeting

  11. Slide 11: Customer Deposits

    Financial Performance (Cont’d) Customer Deposits remained at healthy position of BD 2,167 million by end of 2020, leading to good level of loans to customer deposits ratio of 71.8%. 2,624 2,494 2,374 2,170 2,167 2016 2017 2018 2019 2020 11 Annual General Meeting Customer Deposits (BD Millions)

  12. Slide 12: Net Provisions

    Financial Performance (Cont’d) Due to active risk management and recovery efforts, the net provision for the year reported as BD 5.6 million. 35 29 23 19 6 2016 2017 2018 2019 2020 12 Annual General Meeting Net Provisions (BD Millions)

  13. Slide 13: Capital Adequacy Ratio

    Financial Performance (Cont’d) Capital Adequacy Ratio (%) 21.7 21.8 20.0 19.6 18.5 2016 2017 2018 2019 2020 13 Annual General Meeting

  14. Slide 14: Liquidity Coverage Ratio & Net Stable Funding Ratio

    Financial Performance (Cont’d) Consolidated Liquidity Coverage Ratio (LCR%) & Consolidated Net Stable Funding Ratio (NSFR%) 407.1 289.6 128.6 134.1 Reduced Regulatory Limit (80%) LCR 2019 2020 NSFR 14 Annual General Meeting

  15. Slide 15: Operating Segments: Total Operating Income

    Operating Segments Total Operating Income BD 119 million BD 17mm BD 40mm Int'l Banking 14% Retail Banking 34% TISD & Other Activities 32% BD 38mm Corporate Banking 20% BD 24mm 15 Annual General Meeting

  16. Slide 16: Operating Segments: Customer Deposits and Net Loans

    Operating Segments (Cont’d) Customer Deposits Net Loans & Advances BD 2,167 million BD 1,556 million BD 470mm BD 446mm BD 546mm BD 1,003mm Int'l Int’l Banking Banking 22% 29% Retail Banking Retail Banking 46% 35% Corporate Banking 32% Corporate Banking 36% BD 694mm BD564mm 16 Annual General Meeting

  17. Slide 17: Corporate Achievements

    Corporate Achievements

  18. Slide 18: Corporate Achievements

    Corporate Achievements BBK has been vigorously pursuing its strategic objectives as summarized below: ► BBK announced the repayment of its USD 400 million bond. ► The Bank was able to successfully launch a number of initiatives, including:  The new digital branch “BBK PLUS” with a range of self-ser

  19. Slide 19: Our People, Sustainability & Corporate Social Responsibility

    Our People, Sustainability & Corporate Social Responsibility

  20. Slide 20: Our People – The core of our success

    Our People – The core of our success Continued focus on developing our number one asset, “our people”: ► In 2020, seven of our promising Bahraini executives were promoted to senior leadership positions within BBK. ► We celebrated the graduation of the first cohort of our management trainee programme

  21. Slide 21: Sustainability and Corporate Social Responsibility

    Sustainability and Corporate Social Responsibility ► In 2020, the Bank initiated the development of its ESG framework, which will be implemented in 2021.  Appointed a specialized consultant  Created a task force  Initiated the development of its Sustainability framework, under the guidance and ap

  22. Slide 22: Thank you

    yg Sally yl Sou Thank you

Bank of Bahrain and Kuwait B.S.C. — Shareholder Meeting (March 2021) on 6ix