Askari Bank Limited · PSX:AKBL
Askari Bank — Investor Presentation (October 2019)
9 slides from Askari Bank's investor presentation, Oct 10, 2019
Slide 1: Corporate Briefing Session
Corporate Briefing Session Thursday, October 10, 2019 Movenpick Hotel, Karachi
Slide 2: Askari Bank Limited - basic info
Askari Bank Limited - basic info. Commencement of business April 1992 Sponsors Fauji Foundation Group (71.9%) Entity Rating AA+ (by PACRA) Market capitalization - Rupees in billion 23.37 Market share of deposits 4.20% Branches / sub branches - in Pakistan 517 (including 94 Islamic branches) Cities /
Slide 3: Balance Sheet – as of June 30, 2019
Balance Sheet – as of June 30, 2019 (Rupees in million) Dec. '18 Jun. '19 YTD ASSETS Cash, bank bal. & lendings 53,281 75,810 42% Investments - net 260,234 280,522 8% Advances - net 343,107 370,623 8% Fixed & other assets 49,910 62,863 26% Total Assets 706,532 789,818 12% LIABILITIES Borrowings 52,7
Slide 4: Profit & Loss – Quarter & half year ended June 30, 2019
Profit & Loss – Quarter & half year ended June 30, 2019 (Rupees in million) Q2 '18 Q2 '19 YoY HY '18 HY '19 YoY Mark-up earned 9,987 15,945 60% 19,120 30,207 58% Mark-up expensed 5,284 10,807 105% 10,188 19,350 90% Net Interest Income (NII) 4,703 5,138 9% 8,933 10,856 22% Non Fund Income (NFI) 1,648
Slide 5: Profit & Loss – Quarter & half year ended June 30, 2019
Profit & Loss – Quarter & half year ended June 30, 2019 (Rupees in million) Q2 '18 Q2 '19 YoY HY '18 HY '19 YoY Mark-up earned 9,987 15,945 60% 19,120 30,207 58% Mark-up expensed 5,284 10,807 105% 10,188 19,350 90% Net Interest Income (NII) 4,703 5,138 9% 8,933 10,856 22% Non Fund Income (NFI) 1,648
Slide 6: Key Ratios – as of June 30, 2019
Key Ratios – as of June 30, 2019 Askari Bank Industry * Earnings YE '18 HY '19 HY '19 Return on equity - annualized 13.4% 18.3% 12.7% Return on assets - annualized 0.7% 0.8% 0.8% Performance Cost to income ratio 65.6% 61.9% 57.1% Advances to deposits 64.4% 62.1% 57.2% Investments to deposits 45.4% 4
Slide 7: Deposits
Deposits – as of June 30, 2019 Rupees in million HYE. '19 YE. '18 Change DEPOSITS 5 Year CAGR Current 186,657 169,586 10.1% Savings 335,180 316,589 5.9% Askari 13.1% Term 116,714 87,461 33.4% Industry 11.7% Total Deposits 638,550 573,636 11.3% Askari Bank Limited – Corporate Brief 5
Slide 8: Advances & Assets' Quality – as of June 30, 2019
Advances & Assets’ Quality – as of June 30, 2019 5 Year CAGR Askari 14.6% Industry 13.3% Askari Bank Limited – Corporate Brief 6
Slide 9: Investments – as of June 30, 2019
Investments – as of June 30, 2019 Rupees in million HYE. '19 YE. '18 Change INVESTMENTS Market Treasury Bills 137,295 124,708 10.1% Pakistan Investment Bonds 113,358 105,471 7.5% TFCs / Sukuks 27,413 27,438 -0.1% Shares / Units 7,869 6,958 13.1% GoP Euro bonds 5,138 4,806 6.9% Foreign securities 166