Far Eastern International Bank · TWSE:2845
Far Eastern International Bank — Q1 2021 Earnings Presentation
20 slides from Far Eastern International Bank's earnings presentation, May 27, 2021
Slide 1: Investor Conference 1Q'2021
Investor Conference 1Q’2021 5/27’2021
Slide 2: Far Eastern Group
Far Eastern Group Established in 1937 Span over 10 major industries 9 public listed companies in Taiwan and HK Total Asset of NT$2,848 Bn (YE2020) Petrochemical & energy Polyester & synthetic fiber Cement & building material Retail & department store Financial services – 11 companies in oper
Slide 3: Contents
Financial Highlights Contents Key Strategies
Slide 4: 2021 rating results
2021 rating results ‘FEIB’s ratings are affirmed Rating are supported by: (DD: 5/7’21) : Viability Rating bbb Taiwan banking outlook Foreign LT IDR BBB ‘a‘ / negative ‘a’ /stable Foreign ST IDR F3 National LT A+(twn) FEIB’s stable operations Rating Moderate risk appetite National ST F1
Slide 5: Assets & Net worth
Assets & Net worth Assets Net Worth (NT$Bn) (NT$Bn) YoY YoY +0.3% +4.2% 680 678 680 655 50 36 36 36 47 49 47 1 36 40 36 1 0 36 44 0 13 14 13 13 198 221 199 209 +5% 34 35 34 35 385 383 400 399 2019 2020 1Q'20 1Q'21 2019 2020 1Q'20 1Q'21 Loan Investment Cash & Deposit AR & Others Capital
Slide 6: Loans & Deposit
Loans & Deposit Gross Loan Deposit (NT$Bn) (NT$Bn) YoY YoY -0.2% +4.8% 582 569 405 543 390 389 405 537 46 51 64 69 +2% 71 69 +109% 99 97 101 32 33 102 128 137 139 129 321 329 317 312 59 50 62 53 -15% 27 37 35 39 +11% 77 70 74 73 122 136 124 138 +11% 2019 2020 Q1'2020 1Q’20 Q1'2021 1Q’21 2019 202
Slide 7: Liquidity
Liquidity Demand Deposit ratio 36.58% 37.37% Gross loan-to-deposit ratio 29.95% 29.51% 74.62% 72.62% 73.18% 71.20% 2019 1Q'20 2020 1Q'21 67.54% 67.54% Liquidity coverage ratio 66.81% 142.42% 136.89% 124.91% 118.99% 2019 1Q'20 2020 1Q'21 2019 1Q'20 2020 1Q'21 7 Source: :Consolidated audited fin
Slide 8: Asset Quality
Asset Quality NPL ratio NPL coverage ratio Loan coverage ratio 0.51% 0.52% 649% 567% 596% 1.46% 621% 1.42% 513% 1.38% 1.38% 0.31% 424% 1.40% 0.28% 1.37% 1.35% 286% 265% 1.32% 0.22% 0.24% 0.22% 0.23% Dec'19 YE’19 Mar'20 1Q’20 Dec'20 YE’20 Mar'21 1Q’21 Dec'19 YE’19 Mar'20 1Q’20 Dec'20 YE’20 Mar'21 1Q’
Slide 9: Profitability
Profitability Revenue YoY Trading Breakdown YoY (NT$Bn) (NT$MM) 39% 11.7 +23.1% 182 120% 11.2 2.7 131 2.2 (103%) 0.3 0.4 1.3 0.1 0.3 222% 72 (2) 78 2.5 0.1 28 128% (99) 3.5 1.0 0.9 3.5 (386) 5.5 6.0 1.5 1.6 -0.2 2019 2020 1Q'20 1Q'21 1Q'20 1Q'21 NII Fee Trading Other Stock Bond Cre
Slide 10: Profitability
Profitability Loan-Deposit-Spread Loan Yield* & Avg. Loan Balance 2.39% 2.28% 1.15% 1.14% 1.18% 2.04% 1.08% 1.84% (NT$Bn) 0.98% 0.85% 0.66% 0.46% 389 398 399 398 2019 1Q'20 2020 1Q’21 1Q'20 2019 1Q'20 2020 1Q'21 Deposit Loan * =Net loan revenue / Avg. loan balance ROA (after tax) ROE (af
Slide 11: BIS
BIS CET1 (unconsolidated) BIS (unconsolidated) 11.03% 14.10% 13.60% 13.53% 13.25% 10.65% 10.53% 10.25% 10.99% 10.70% 11.49% 11.08% 2019 1Q'20 2020 1Q'21 2019 1Q'20 2020 1Q'21 Tier1 Tier 2 11 Source: : Management report
Slide 12: Contents
Financial Highlights Contents Key Strategies
Slide 13: Retail banking
Retail banking Fund investment Credit cards Fee income YoY +7% (1Q’21) Spending YoY +7% (1Q’21) Weight on multi-layer, Improve active card rate high-yield investment post Focus on high spending pandemic Insurance Consumer loans AGP YoY +25% (1Q’21) Outstanding YoY +2% Weight on inves
Slide 14: Digital banking
Digital banking Group synergy Acquisition rate Settlement 58.4% (3’21) account 80 32 50 % Deposit Credit Card consumer loans BaaP / BaaS Off - counter rate P2B Lending 93.2% (3’21) platform Rental 97 96 83 73 57 % management platform Transfer Withdraw Fund Exchange Deposit Mastercard
Slide 15: Corporate banking
Corporate banking Focus local market Refocus offshore market Increase SME loan +11% Focus on syndicated loan (1Q’21) & structured finance Focus on real estate financing Open Singapore rep. office Increase TM customers - in 6’21 Enhance asset quality Review default cases for lesson-learne
Slide 16: ESG strategies
ESG strategies Environmental Social Corporate Governance TCFD disclosure - Supplier evaluation 2020 corporate governance evaluation result 6’21 Top 6~20% in listed com. ESG credit project Top 41~60% in FI 2020 CSR report 16
Slide 17: Contents - Appendix
& 3 De ET FE hence =) Far Easter Intl Bank RomeSe BAMSRT Contents = Appendix
Slide 18: Key Financials
Key Financials (NT$ m, except percentages and per share data) As of or for 12 months (Consolidated) ended December 31 2019 2020 1Q'2020 1Q'2021 YoY Key balance sheet items Gross loans 390,200 388,857 405,032 404,970 -0.02% Total assets 654,888 680,047 678,085 679,981 0.28% Deposits and remittances 5
Slide 19: THANK YOU
ay em me ee =) Far Easter Intl Bank THANK YOU RomeSe BAMSRT
Slide 20: Disclaimer
Disclaimer This presentation has been prepared by Far Eastern International Bank (the “Company”). This presentation and the materials provided herewith do not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the Company in any jurisdiction or an in
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