Allied Bank Limited · PSX:ABL
Allied Bank — Investor Presentation (June 2023)
21 slides from Allied Bank's investor presentation, June 2023
Slide 1: Financial Presentation – June 2023
Financial Presentation – June 2023
Slide 2: Contents
Contents 3-4 10 ABL at Glance Deposits & Economic Highlights 5-7 11 Major Highlights Key Ratios & Balance Sheet Channels Income Statement 8 12 Investments Stock Market Information 9 13-18 Advances & Asset Quality Ratings / Annexure
Slide 3: ABL at Glance
ABL at Glance Domestic Corporate Branches: 1,463 ATMs:1,565 Governance Rep Offices:2 On-site: 1,309 Rating Conventional: 1,337 cv Off-site: 251 Islamic: 118 UAE-Dubai CGR 9++ China-Beijing MBU: 5 Digital: 8 Entity Credit Overseas Digital Touch Subsidiary Rating cv Branches: 2 Points ABL Asset Long T
Slide 4: Economic Highlights
Economic Highlights SBP Reserves and Exchange Rate US$/PKR Workers Remmittances- US$ Million 25,000 284 284 285286 300 305 295 268 262 290 285 280 3,500 239 228 226 275 270 265 219 221 224 260 255 250 20,000 205 245 240 235 3,000 230 225 220 215 210 205 2,500 200 195 190 15,000 185 180 175 170 165 1
Slide 5: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) Net Investments (Rs. in Billion) Net Advances Rs.1,139 2,500 200 61% Rs.817 2,000 1,500 73 1% -3% 26% 43 100 0 15 -28 -100 2,251 2,354 -200 Net Investments 1,000 Net Advances -300 reached at Rs. 1,139 reached at Rs. 817 500 billion billion as on Jun 30, -400 (i
Slide 6: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) Deposits Total Equity (Rs. in Billion) Rs.1,665 9% Rs.137 -11% 15% CASA Jun’23 Stood at: 81% 143 11 Deposits aggregated Total Equity stood at -60 2,123 2,217 to reach at Rs. 1,665 Rs. 137 billion; billion; increased by increased by 7% 9% as compared to (De
Slide 7: Highlights Income Statement
Highlights Income Statement Net Interest Income Profit before Tax (Rs. in Million) Rs.50,902 85% Rs.35,204 Net Interest Income (NII) stood at Rs. 50,902 million during period Profit before Tax re under ached at Rs. 35,204 review; increased by 5% 28% 466% 34% 85% million; increased by 75% 23,387 569
Slide 8: Investments
Investments (Rs. in Million) Investments Jun'23 Dec'22 Var. Growth Pakistan Investment Bonds 959,833 973,128 (13,295) -1% Market Treasury Bills 137,810 100,237 37,574 37% Listed and Unlisted Shares 18,551 18,644 (93) -0.5% TFCs, Bonds, Sukuks and Mutual Funds 72,048 64,743 7,305 11% Subsidiary 500 5
Slide 9: Advances & Asset Quality
Advances & Asset Quality NPLs (Rs. in Billion) Rs.13.5 Gross • NPLs at Rs.13.5 Advances billion (3%↑) • NPL Ratio 1.63% Rs. 831 (0.10%↑); Industry Jun’23: 7.4% Gross advances • Specific NPL stood at Rs. 831 Coverage 96.2% billion (3%↓) (6.6%↑) & (Industry Overall NPL advances; 2%↑) Coverage at 98.52
Slide 10: Deposits
Deposits (Rs. in Billion) Particulars Jun' 23 Dec' 22 Var (%) Market Share: 6.5% Current 728 609 19% Saving 627 592 6% Industry Growth: 13.5% Term 311 321 -3% Total Deposits 1,665 1,522 9% ABL CASA Mix: 81% 1,665 1,522 1,413 1,217 985 1,049 1,354 883 1,189 1,201 735 805 1,062 608 611 515 809 868 400
Slide 11: Key Ratios & Channels
Key Ratios & Channels Key Ratios Particulars Jun'23 Dec'22 Variance Return on Assets (%) 1.5% 1.0% 0.5% Return on Equity (Tier I) (%) 27.1% 18.4% 8.7% Capital Adequacy Ratio (%) 19.76% 19.74% 0.02% Channels Jun' 23 Dec' 22 Growth Total Branches 1,465 1,453 12 Conventional 1,347 1,336 11 Islamic 118
Slide 12: Stock Market Data
Stock Market Data Allied Bank Limited (ABL) Stock Price vs Market - Pakistan Stock Exchange Code: ABL Trend 6.0% Bloomberg Code: ABL PA 4.0% 2.0% 0.0% Shares Outstanding (mln): 1,145.07 Jul-2 2 Aug-22 Se p-2 2 Oct -22 Nov-2 2 De c-2 2 Ja n-2 3 Feb-23 Mar- 23 Apr-23 May-2 3 Jun-2 3 -2.0% -4.0% -6.0%
Slide 13: Corporate Governance & Ratings
Corporate Governance & Ratings Entity CGR Deposits Rating PACRA VIS Credit Rating Moody’s Company • AAA (Long Term) • CGR-9++ (Corporate Governance • Caa3/NP • A1+ (Short Term) Rating) • Outlook Stable, in line with • A very low expectation of • Very high level of corporate Stable outlook on the cre
Slide 14: Annexures
Annexures Annexure A Statement of Financial Position - Standalone Annexure B Statement of Financial Position - Consolidated Annexure C Income Statement - Standalone Annexure D Income Statement - Consolidated 14/21
Slide 15: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Jun'23 Dec'22 Variance Jun'23 Dec'22 Variance Cash and Balances with Banks 170,937 91,353 79,584 598 319 278 87% Lending to FIs 21,522 28,222 (6,700) 75 99 (23) -24% Investments - net 1,138,509 1,123,117 15,392
Slide 16: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Jun'23 Dec'22 Variance Jun'23 Dec'22 Variance Cash and Balances with Banks 170,917 91,344 79,573 598 319 278 87% Lending to FIs 21,522 28,222 (6,700) 75 99 (23) -24% Investments - net 1,143,685 1,126,717 16,96
Slide 17: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Jun'23 Jun'22 Variance Jun'23 Jun'22 Variance Mark-up and Interest Income 169,131 87,567 81,564 591 306 285 93% Mark-up and Interest Expensed 118,228 60,052 58,175 413 210 203 97% Net Mark-up and interest Income 50,902 27
Slide 18: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Jun'23 Jun'22 Variance Jun'23 Jun'22 Variance Mark-up and Interest Income 168,902 87,572 81,330 591 306 284 93% Mark-up and Interest Expensed 118,254 60,063 58,191 413 210 203 97% Net Mark-up and interest Income 50,648
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 Sikander Ali Khan Contact No. Unit Head Strategic +92-42-35880043 Planning, Finance Ext: 32637 e-mail. Investor.Relations@abl.com 20/21
Slide 21: Thank You