Allied Bank Limited · PSX:ABL
Allied Bank — FY2022 Earnings Presentation
21 slides from Allied Bank's earnings presentation, December 2022
Slide 1: Financial Presentation – Dec 2022
Financial Presentation – Dec 2022
Slide 2: Contents
Contents ABL at Glance & Economic Stock Market Highlights Investments Deposits Information Annexures 3-4 5-7 8 9 10 11 12 13 14-18 Major Highlights Advances & Key Ratios & Balance Sheet Asset Quality Channels Ratings Income Statement
Slide 3: ABL at Glance
ABL at Glance ATMs:1,572 Entity Credit Rating On-site: 1,296 Off-site: 271 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: Economic Highlights
4/21 Economic Highlights Workers Remmittances- US$ Million 3,500 3,000 2,500 2,000 1,500 1,000 500 0 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun- 22 Jul-22 Aug-22 Sep- 22 Oct-22 No v- 22 Dec- 22 2021-22 2020-21 Export & Import- US$ Million TD Trade Deficit & Current Account CAD 9,000 - - 8,000 (50
Slide 5: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) (Rs. in Billion) 2,500 300 30% 200 2,000 6% 33% 100 • Total Assets reached at Rs. 2,251 -30% 0 billion (increased by 12%). 1,500 59 193 41 -100 -51 2,251 1,000 2,010 -200 -300 500 -400 - -500 • Net Advances reached at Rs. 846 Dec-21 Cash, Bank Investments Advan
Slide 6: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) (Rs. in Billion) 26% 8% • Total Liabilities stood at Rs. 42% 2,123 billion (increased by 13%) 110 109 20 1,883 2,123 • CASA Dec’22 Stood at: 79% • Deposits aggregated to reach at Rs. 1,522 billion; increased by Dec-21 Borrowings Deposits Bills Payable Dec-
Slide 7: Highlights Income Statement
Highlights Income Statement (Rs. in Million) 46% • Net Interest Income (NII) stood at Rs. 66,719 million during period under review; increased by 46%. • Fee & Commission and Dividend Income 30% increased by 20% and 44% respectively. 21% -68% 130% 21,194 • Non-Markup Income reached at Rs. 20,675 17,3
Slide 8: Investments
Investments (Rs. in Million) Investments Dec' 22 Dec'21 Var. Growth Pakistan Investment Bonds 973,128 553,428 419,700 76% Market Treasury Bills 100,237 455,866 (355,630) -78% Listed and Unlisted Shares 18,644 17,636 1,009 6% TFCs, Bonds, Sukuks and Mutual Funds 64,744 45,915 18,829 41% Subsidiary 50
Slide 9: Advances & Asset Quality
Advances & Asset Quality (Rs. in Billion) • Gross advances stood at Rs. 857 billion (29%↑) (Industry advances; 17%↑) • Gross ADR ratio reached 56.3% (Industry Dec’22 Gross ADR: 53.0%) • NPLs at 13.1 billion (4%↓) • NPL Ratio 1.53% (0.51%↓); Industry Sep’22: 7.6% • Specific NPL Coverage 89.6% (4.2%↓)
Slide 10: Deposits
Deposits (Rs. in Billion) Particulars Dec' 22 Dec' 21 Var (% ) Market Share: 6.8% Current 609 607 0.3% Saving 592 582 1.7% Industry Growth: 7.1% Term 321 224 43% Total Deposits 1,522 1,413 8% ABL CASA Mix: 79% 1,522 1,413 1,217 1,049 985 1,189 1,201 883 1,062 805 735 668 868 608 809 515 690 400 617
Slide 11: Key Ratios & Channels
Key Ratios & Channels Key Ratios Particulars Dec'22 Dec'21 Variance Return on Assets (%) 1.0% 1.0% 0.0% Return on Equity (Tier I) (%) 18.4% 16.5% 1.9% Capital Adequacy Ratio (%) 19.7% 22.3% -2.6% Channels Dec' 22 Dec' 21 Growth Total Branches 1,453 1,429 24 Conventional 1,336 1,312 24 Islamic 117 11
Slide 12: Stock Market Data
Stock Market Data Allied Bank Limited (ABL) Stock Price vs Market - Pakistan Stock Exchange Code: ABL Trend 15.0% Bloomberg Code: ABL PA 10.0% 5.0% Shares Outstanding (mln): 1,145.07 0.0% -5.0% Ja n-2 2 Feb-22 Mar- 22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-2 2 Oct -22 Nov-2 2 De c-22 -10.0% Market C
Slide 13: Corporate Governance & Ratings
Corporate Governance & Ratings 1 Entity Rating CGR PACRA Deposits VIS Credit Rating Moody’s • AAA (Long Term) Company • A1+ (Short Term) • Caa1/NP • CGR-9++ (Corporate • This rating actions follows • A very low expectation of Governance Rating) credit risk emanating from a Moody’s decision to • Very
Slide 14: Annexures
Annexures Pakistan Annexure A 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 15: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Dec'22 Dec'21 Variance Dec'22 Dec'21 Variance Cash and Balances with Banks 91,353 125,310 (33,957) 403 553 (150) -27% Lending to FIs 28,222 45,453 (17,231) 125 201 (76) -38% Investments - net 1,123,117 1,064,495
Slide 16: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSET S Growth Dec'22 Dec'21 Variance Dec'22 Dec'21 Variance Cash and Balances with Banks 91,344 125,304 (33,960) 403 553 (150) -27% Lending to FIs 28,222 45,453 (17,231) 125 201 (76) -38% Investments - net 1,126,717 1,066,
Slide 17: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Dec'22 Dec'21 Variance Dec'22 Dec'21 Variance Mark-up and Interest Income 215,469 118,649 96,820 952 524 428 82% Mark-up and Interest Expensed 148,750 73,062 75,687 657 323 334 104% Net Mark-up and interest Income 66,719
Slide 18: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Dec'22 Dec'21 Variance Dec'22 Dec'21 Variance Mark-up and Interest Income 215,478 118,654 96,824 952 524 428 82% Mark-up and Interest Expensed 148,768 73,092 75,676 657 323 334 104% Net Mark-up and interest Income 66,71
Slide 19: 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 20: Contact Us
Contact Us Sikandar Ali Khan +92-42-35880043 Investor.Relations@abl.com Unit Head Strategic Ext: 32637 Planning, Finance 20 20/21
Slide 21: THANK YOU
THANK YOU 21