Js Bank Limited · PSX:JSBL
Js Bank — Investor Presentation (December 2024)
23 slides from Js Bank's investor presentation, December 2024
Slide 1: Corporate Briefing Session December 2024
CORPORATE BRIEFING SESSION DECEMBER 2024 JS Bank Head Office 1st Floor Shaheen Complex, Dr Ziauddin Ahmed Road, Karachi, Pakistan
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This document may contain forward looking statements regarding JS Bank Limited’s (the “Bank”) strategy, businesses and/or performance. These statements are based on plans, estimates and projections as they are currently available to the management of the Bank. Therefore, t
Slide 3: JS Group
JS GROUP Jahangir Siddiqui & Co. Ltd. (“JSCL”), serves as the JS GROUPS OWNERSHIP STRUCTURE IN PAKISTAN holding company for JS Group and stands tall as a cornerstone of Pakistan's financial landscape. JSCL boasts a diverse portfolio spanning Holding Company Conventional and Islamic Commercial Bankin
Slide 4: Group Overview
GROUP OVERVIEW Subsidary of JSBL (75.12%) Subsidary of JSBL (92.20%) Subsidary of JSBL (84.56%) JS Bank Limited (JSBL) is a banking BankIslami Limited is an Islamic bank JS Global Capital Limited is one of the JS Investments Limited has the license company incorporated in Pakistan as a incorporated
Slide 5: JS Bank Started Its Journey Three Decades Ago
JS BANK STARTED ITS JOURNEY THREE DECADES AGO 1991 1996 2006 2022 2023 JS INVESTMENT BANK WAS JAHANGIR SIDDIQUI & JS INVESTMENT BANK CHANGED TO JS BANK CO. LTD. COMMENCED JS BANK LAUNCHED JS BANK INCREASED CAME TO LIFE AFTER AFTER ACQUIRING THE OPERATIONS IN ITS DIGITAL BANKING ITS STAKE TO 75.12% A
Slide 6: Wide Range of Touch Points for Our Customers
WIDE RANGE OF TOUCH POINTS FOR OUR CUSTOMERS WE SERVE MILLIONS OF INCREASING GROUP CUSTOMERS THROUGH OUR NETWORK OF BRANCHES ROBUST NETWORK OF ATMs +PLUS 297 336 2,600+ Branches ATMS Agents (1 Branch in Bahrain) …ALONG WITH THE MOBILE / INTERNET BANKING CHANNELS, 513 525 WHATSAPP BANKING, AND SOCIAL
Slide 7: Focus on Product Innovation & Digitization
FOCUS ON PRODUCT INNOVATION & DIGITIZATION WhatsApp, Youth Sustainable Solar Mobile, & Zindigi Lending Finance Finance Internet Banking Zindigi Launched Pakistan’s first Awarded the "Best Private Sector Only commercial bank to be Financed over 385+ solar projects First institution to offer banking c
Slide 8: Key Highlights
KEY HIGHLIGHTS Increase in Stake (75.12%) in BIPL in August 2023 JSBL Crossed Half a Trillion Mark in terms of Deposits in March 2024 With BIPL, Consolidated Deposits continue to remain at over a trillion – PKR 1.069 trillion on September 30, 2024. JSBL margins in 2024 remained stressed as against I
Slide 9: Historical Trends for JS Bank
HISTORICAL TRENDS FOR JS BANK
Slide 10: Financial Highlights – Balance Sheet (1 of 3)
FINANCIAL HIGHLIGHTS – BALANCE SHEET (1 OF 3) PKR in Millions Gross Advances - CAGR 2.7% Deposits - CAGR 7.4% (Non-rem CAGR 19.0%) Investments - CAGR 17.8% 280,220 Deposits Non-remunerative 260,867 518,735 303,465 310,219 254,402 246,453 287,479 238,525 486,283 460,705 464,132 213,787 433,063 231,26
Slide 11: Financial Highlights – Regulatory Ratios (2 of 3)
FINANCIAL HIGHLIGHTS – REGULATORY RATIOS (2 OF 3) PKR in Millions Industry averages are as per financial information of September 30, 2024
Slide 12: Financial Highlights – Ratios (3 of 3)
FINANCIAL HIGHLIGHTS – RATIOS (3 OF 3) PKR in Millions Industry averages are as per financial information of September 30, 2024
Slide 13: Financial Statement Highlights
FINANCIAL STATEMENT HIGHLIGHTS
Slide 14: Financial Highlights 9M2024
FINANCIAL HIGHLIGHTS 9M2024 • Net interest income increased by 33% YoY, mainly FINANCIAL PERFORMANCE (PKR Mns) 9M' 24 9M' 23 Change at the back of growth in non-remunerative deposits coupled with volumetric growth in Net Interest Income 19,667 14,752 33.3% assets. Yields however, remained under pres
Slide 15: Financial Highlights 9M2024
FINANCIAL HIGHLIGHTS 9M2024 PKR in Millions Non Funded Income 9M' 24 9M' 23 Change Provisions and write offs 9M' 24 9M' 23 Change Fee and commission income 3,534 3,170 11% Provision for diminution in value of 322 67 381% Foreign exchange income 2,872 3,796 -24% investments Dividend income 2,226 201
Slide 16: Financial Highlights 9M2024
FINANCIAL HIGHLIGHTS 9M2024 PKR in Millions Advances Sep '2024 Dec '2023 Var (%) • Lending activity remained cautious for the major Performing Advances 258,833 197,602 31.0% part of the current period amidst economic Non-Performing Advances 21,387 16,184 32.1% slowdown and record high interest rates
Slide 17: Consolidated Statement of Financial Position
CONSOLIDATED STATEMENT OF FINANCIAL PKR POSITION in mn September December September December Variance 2024 2023 2024 2023 A B C=A-B ASSETS Cash and bank balances 95,150 87,485 7,665 CAR 19.96% 16.69% 95,150 Lendings to financial institutions 41,226 16,502 24,724 LR 3.77% 3.53% 41,226 Investments 638
Slide 18: Key Highlights - Zindigi
KEY HIGHLIGHTS - ZINDIGI 12.3M 5.66M 570k Downloads Accounts 60 Day Active Users 310k Debit Cards PKR 90M 419k 49M 4.8Bn PKR 206B Mutual Funds Investments* 60D Day Trx Users Transactions* Customer Deposits Throughput* YOY Growth: Transactions Users PKR 3.1Bn Value of Stocks Traded* Volume -3% -44% 4
Slide 19: Digital Initiatives
Digital Initiatives Digital Transformation Digital Products • 57+ Digital Initiatives and Projects delivered till Q3-2024 Mobile Banking / Internet Banking • Pioneered the J-Ace System, providing home remittance delivery to • App penetration ↑ from 52% 2023 to 69% in 2024and 42.5% growth in customer
Slide 20: Awards
AWARDS INITIATIVES SUCH AS THESE… …EXECUTED BY OUR HIGH PERFORMING TEAM… …YIELD OUTCOMES WHICH DO NOT GO UNNOTICED 11th Corporate Social Responsibility Award 2022 Global Visionary Leaders Award 2022 Best Bank for SME’s Asia Money Awards 2022 Euromoney SME Bank of the Year 2022 Elite Quality Recognit
Slide 21: How you can reach us?
How you can reach us? +92 (21) 111-654-321 JS BankBANKS Limited SHA Shaheen Commercial BANKS Complex, Dr Ziauddin Ahmed +92 (51)BANKS 111-654-321 Head Office Rd, Civil Lines, Karachi, Sindh info@jsbl.com Digital & Social Media Presence: www.jsbl.com JSBankLtd @jsblpak @jsblpak jsbankltd @jsbank6144
Slide 22: Questions and Answers
| ZJS BANK QUESTIONS AND ANSWERS
Slide 23: JS Bank
ZJS BANK