Allied Bank Limited · PSX:ABL
Allied Bank — Q3 2022 Earnings Presentation
26 slides from Allied Bank's earnings presentation, September 2022
Slide 1: Corporate Briefing Session – 2022
Corporate Briefing Session – 2022 September – 2022
Slide 2: Contents
Contents ABL at a Glance, Core Stock Market Values, Insights, Awards, Investments Deposits Information Annexures Key Operational milestones & Economic Highlights 3-8 9-12 13 14 15 16 17 18 19-23 Major Highlights Advances & Key Ratios & Balance Sheet Asset Quality Channels Ratings Income Statement
Slide 3: ABL at Glance
ABL at Glance ATMs:1,569 Entity Credit Rating On-site: 1,294 Off-site: 270 Overseas Long Term: AAA MBU: 5 Short Term: A1+ Corporate Branches: 2 Governance Bahrain WBU Rating Subsidiary Rep Offices: Export Processing CGR 9++ Zone ABL Asset 2 Management Co. UAE-Dubai Domestic Ltd. Digital China-Beijin
Slide 4: ABL Core Values & Strategic Objectives
ABL Core Values & Strategic Objectives Innovation and Growth Excellence in High Integrity Service Performance Instilling a culture of Augmenting financial ethics & Continuous re-engineering Enhancing Brand inclusion of unbanked responsibility among of policies, procedure, Image and creating populati
Slide 5: Insight on ABL Business Groups
Insight on ABL Business Groups •Developing long term •Undertaking all facets of •Focused to shifting relationships to maintain liability business to Bank’s orientation corporate loan book expand Bank’s deposit towards the ‘Digital •Offering a wide range of base Banking Age’. Corporate & investment b
Slide 6: Awards and Accolades
6/26 Awards and Accolades 11 2 3 4 5 6 7 National Forum Global Diversity and Environment & Inclusion Best Corporate Pakistan Bank of the FinanceAsia Asia Money and Health (NFEH) Benchmarks Report Award Digital Year 2022 ”Best Domestic ”Best Bank for • Corporate Award 2021 – for the year (Pakistan) A
Slide 7: Key Operational Milestones
Key Operational Milestones ✓ Enhanced Pakistan’s First myABL WhatsApp Banking service by adding new features, including IBAN Generator, Apply for new Credit Card, Open myABL Wallet Account and Schedule of Charges. Augmenting ✓ “Asaan Mobile Account’ was launched to financially include the market seg
Slide 8: Key Operational Milestones
Key Operational Milestones ✓ Launched Digital Lobby (Self Service Area) in UMT Lahore Enhanced ✓ Updated version of “myABL Business App” with enhanced features. Focus on ✓ Biometric Automated Teller Machine service on its complete network of 1560+ Automated Teller Machines. Digitization ✓ Launched P
Slide 9: Economic Highlights
9/26 Economic Highlights SBP Reserves and Exchange Rate US$/PKR Workers Remmittances- US$ Million 25,000 239 255 228 250 245 3,500 219 240 235 230 225 198 205 220 215 20,000 171 183 186 210 205 3,000 176 177 177 177 200 195 172 190 185 180 175 2,500 170 165 15,000 160 155 150 145 140 135 2,000 130 1
Slide 10: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) (Rs. in Billion) 2,500 34% 100 2% 3% -21% 2,000 42 0 • Total Assets reached at Rs. 2,061 25 21 -36 -100 billion (increased by 3%). 1,500 -200 1,000 2,010 2,061 -300 500 -400 - -500 • Net Advances reached at Rs. 674 Dec-21 Cash, Bank Investments Advances Operati
Slide 11: (Liabilities)
(Liabilities) (Rs. in Billion) 10% • Total Liabilities stood at Rs. -26% 52% 1,936 billion (increased by 3%) 138 26 1,883 -111 1,936 • CASA Sep’22 Stood at: 80% • Deposits aggregated to reach at Rs. 1,551 billion; increased by Dec-21 Borrowings Deposits Bills Payable Sep-22 10% as compared to Indust
Slide 12: Highlights Income Statement
Highlights Income Statement (Rs. in Million) 31% • Net Interest Income (NII) stood at Rs. 45,442 million during period under review; increased by 31%. 39% • Fee & Commission and Dividend Income 18% 24% 129% increased by 20% and 9% respectively. 10,760 4,599 135 13,070 12,628 • Non-Markup Income reac
Slide 13: Investments
Investments (Rs. in Million) Investments Sep' 22 Dec'21 Var. Growth Pakistan Investment Bonds 858,154 553,428 304,726 55% Market Treasury Bills 174,901 455,866 (280,965) -62% Listed and Unlisted Shares 18,339 17,636 703 4% TFCs, Bonds, Sukuks and Mutual Funds 65,095 45,915 19,180 42% Subsidiary 500
Slide 14: Advances & Asset Quality
Advances & Asset Quality (Rs. in Billion) 7.80% 685 7.20% 666 6.80% 7.00% 6.40% • Gross advances stood at Rs. 685 billion 5.85% 4.64% 500 510 (3%↑) (Industry advances; 9%↑) 454 389 341 349 3.54% 326 262 289 285 3.17% • Gross ADR ratio reached 44.2% (Industry 2.78% 2.04% Sep’22 Gross ADR: 48.6%) 1.90
Slide 15: Deposits
Deposits (Rs. in Billion) Particulars Sep' 22 Dec' 21 Var (% ) Market Share: 6.8% Current 658 607 8% Saving 580 582 -0.4% Industry Growth: 8.8% Term 313 224 40% Total Deposits 1,551 1,413 10% ABL CASA Mix: 80% 1,551 1,413 1,217 1,049 985 1,189 1,238 883 805 1,062 735 668 868 608 809 515 400 690 617
Slide 16: Key Ratios & Channels
Key Ratios & Channels Key Ratios Particulars Sep'22 Dec'21 Variance Return on Assets (%) 0.8% 1.0% -0.2% Return on Equity (Tier I) (%) 15.1% 16.5% -1.4% Capital Adequacy Ratio (%) 20.4% 22.3% -1.9% Channels Sep' 22 Dec' 21 Growth Total Branches 1,432 1,429 3 Conventional 1,315 1,312 3 Islamic 117 11
Slide 17: Stock Market Data
Stock Market Data Allied Bank Limited (ABL) Stock Price vs Market - Pakistan Stock Exchange Code: ABL Trend 30.0% Bloomberg Code: ABL PA 25.0% 20.0% 15.0% Shares Outstanding (mln): 1,145.07 10.0% 5.0% Market Capitalization (Rs. bln): 74.315 0.0% -5.0% Se p-21 Oct -21 Nov-21 De c-21 Ja n-22 Feb-22 Ma
Slide 18: Entity Rating
Ratings 1 Entity Rating CGR PACRA Deposits VIS Credit Rating • AAA (Long Term) Company • A1+ (Short Term) • CGR-9++ (Corporate Moody’s • A very low expectation of Governance Rating) credit risk emanating from a • Very high level of corporate very strong capacity for • Caa1/NP governance; the rating
Slide 19: Annexures
Annexures Annexure A Pakistan Digital Statement of AwardsFinancial 2020Position - Standalone 1. Best Mobile Banking Annexure B App Statement of AwardsFinancial Position - Consolidated 2. Best Digital AnnexureInnovation C Income Statement Award - Standalone 3. Best App and Annexure D Enabled Web Inco
Slide 20: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Sep'22 Dec'21 Variance Sep'22 Dec'21 Variance Cash and Balances with Banks 120,511 125,310 (4,799) 528 549 (21) -4% Lending to FIs 14,032 45,453 (31,421) 61 199 (138) -69% Investments - net 1,088,683 1,064,495 2
Slide 21: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Sep'22 Dec'21 Variance Sep'22 Dec'21 Variance Cash and Balances with Banks 120,512 125,304 (4,792) 528 548 (21) -4% Lending to FIs 14,032 45,453 (31,421) 61 199 (138) -69% Investments - net 1,090,556 1,066,390
Slide 22: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Sep'22 Sep'21 Variance Sep'22 Jun'21 Variance Mark-up and Interest Income 147,552 84,696 62,856 646 371 275 74% Mark-up and Interest Expensed 102,110 50,014 52,095 447 219 228 104% Net Mark-up and interest Income 45,442 3
Slide 23: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Sep'22 Sep'21 Variance Jun'22 Jun'21 Variance Mark-up and Interest Income 147,560 84,700 62,860 646 371 275 74% Mark-up and Interest Expensed 102,121 50,035 52,086 447 219 228 104% Net Mark-up and interest Income 45,438
Slide 24: Disclaimer
Disclaimer The information being presented herein is solely for your information. Except for the historical information, statements that describe the Bank’s objectives, plans or goals discussed in Investor Conference Call are forward‐looking statements. These forward looking statements involve a num
Slide 25: Contact Us
Contact Us Sikander Ali Khan +92-42-35880043 Investor.Relations@abl.com Unit Head Strategic Ext: 32637 Planning, Finance 25 25/26
Slide 26: THANK YOU
THANK YOU 26