Allied Bank Limited · PSX:ABL
Allied Bank — 9M 2020 Earnings Presentation
26 slides from Allied Bank's earnings presentation, September 2020
Slide 1: Corporate Briefing Session – September 2020 Financial Results
LLIED BANK LIMITED Corporate Briefing Session– September 2020 Financial Results
Slide 2: Table of Contents
LLIED BANK LIMITED Table of Contents ABL at a Glance, Core Stock Market Annexures Values, Insights, Key Investments Deposits Data Operational milestones & Economic Highlights 7-9 10 11 12 13 14 17-21 1-6 15-16 Major Highlights Advances Key Ratios Awards Balance Sheet & & & Income Statement Asset Qua
Slide 3: ABL at Glance
ABL at Glance ATMs:1,552 Entity Credit Rating On-site: 1,210 Off-site: 339 Overseas Long Term: AAA MBU: 3 Short Term: A1+ Corporate Branches: 2 Governance Bahrain WBU Rating Export Processing Subsidiary Rep Offices: CGR 9+ Zone Asset Management 2 Domestic Co. Ltd. UAE-Dubai Holding 100% Digital Chin
Slide 4: ABL Core Values & Strategic Objectives
ABL Core Values & Strategic Objectives Innovation and Growth Excellence in Service High Integrity Augmenting financial Continuous re-engineering Performance Instilling a culture of inclusion of unbanked of policies, procedure, Enhancing Brand ethics & population through Standard Operating Image and
Slide 5: Insight on ABL Business Groups
Insight on ABL Business Groups •Undertaking all facets of •Focused to shifting •Developing long term Bank’s orientation relationships to maintain liability business to expand Bank’s deposit towards the ‘Digital corporate loan book Banking Age’. base •Offering a wide range of •Striving to augment the
Slide 6: Key Operational Milestones
Key Operational Milestones ✓ Launched Branchless Banking ✓ Pioneered the launch of NIFT e-Pay Augmenting ✓ Successfully launched myABL Wallet. Financial ✓ Launched Visa contactless debit cards also known as NFC cards Inclusion to facilitate customers with contactless payment technology. ✓ Launched A
Slide 7: Key Operational Milestones
Key Operational Milestones ✓ e-Learning application for staff training and development Employer of ✓ Implemented SOP’s for the safety of the employees and also provided Work from Home facility to implement social distancing. Choice for top ✓ Enhanced medical care against the COVID-19 Professionals ✓
Slide 8: Economic Highlights
Economic Highlights *(US$ Millions) SBP Reserves* and Exchange Rate Workers Remmittances- US$ Million 14,000 168 166 166 170.00 3,000 167 12,000 165 165.00 2,500 161 10,000 2,000 156 8,000 160.00 156 154 153 1,500 6,000 154 154 153 155.00 1,000 4,000 150.00 500 2,000 - - 145.00 Jul Aug Sep Oct Nov D
Slide 9: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) (Rs. in Billion) 1,600 100 -13% 4% 1,400 -9% -7% • Total Assets stood at Rs. 1,442 0 1,200 Billion (decreasing by 3%). -17 30 -45 -7 -100 1,000 800 1,481 1,442 -200 • Investment portfolio optimized due to 600 evolving yield curve and capital market -300 400 exp
Slide 10: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) (Rs. in Billion) 1,600 7% 100 1,400 -45% 2% • Total Liabilities stood at Rs. 1,320 1,200 0 Billion (decreased by 3%) 73 1 1,000 -100 800 1,366 -121 600 1,320 -200 • CASA Sep’20 improved to: 86.3% 400 200 -300 (Dec’19: 82.8%). - -400 • Deposits aggregated t
Slide 11: Highlights Income Statement
Highlights Income Statement (Rs. in Million) • Rate variance along with volumetric growth in 30,000 earning assets and effective duration 29% 25,000 management facilitated growth of 29% in Net 20,000 Interest Income. 776% 17% 10% 26% 15,000 • Fee & Commission and Capital Gains increased 10,000 8,405
Slide 12: Investments
Investments (Rs. in Million) Investments Sep' 20 Dec'19 Var. Growth Pakistan Investment Bonds 381,361 154,349 227,012 1.5 Times Market Treasury Bills 343,401 542,566 (199,164) -37% Listed and Unlisted Shares 20,590 25,387 (4,797) -19% TFCs, Bonds, Sukuks, IBG and Mutual Funds 35,801 27,304 8,497 31%
Slide 13: Advances & Asset Quality
Advances & Asset Quality (Rs. in Billion) 600 9% 7.8% 7.2% 500 500 8% Gross Advances reached Rs. 456 billion (9%↓) 500 6.8% 7.0% 456 (Industry Decline; 1%↓) 6.4% 7% 5.9% 389 400 6% 326 341 349 4.6% 289 5% 300 262 285 4% Gross ADR ratio reached 40.6% (Industry Sep’20 3.2% 3.2% 3.2% ADR: 48%) 200 3% 2
Slide 14: Deposits
Deposits (Rs. in Billion) Particulars Sep' 20 Dec' 19 Var (%) Market Share: 7% Current 454 410 11% Industry Growth: 13% Saving 515 458 12% Term 153 181 -15% CASA Mix: 86% Total Deposits 1,122 1,049 7% 1,200 1,122 1,049 985 1,000 883 805 969 800 735 668 868 608 809 600 515 690 400 617 371 522 400 485
Slide 15: Key Ratios & Channels
Key Ratios & Channels ABL Industry Month Sep'20 Dec'19 Sep' 20 ROA (%) 1.1% 1.0% 2.4% ROE (Tier I) (%) 18% 16% 17% Capital Adequacy Ratio (%) 27% 22% 19% Channels Sep' 20 Dec' 19 Growth Total Branches 1,385 1,395 (10) Conventional 1,268 1,278 (10) Islamic 117 117 - Total ATMs 1,552 1,515 37 On-site
Slide 16: Stock Market Data
No. of Cases Stock Market Data % ABL Stock Price vs Market - Trend Pakistan Stock Exchange Code: ABL 0.1 120,000 0 100,000 Bloomberg Code: ABL PA 1-Jan-20 1-Feb-20 1-Mar -20 1-Apr -20 1-May -20 1-Jun-20 1-Jul-20 1-Aug -20 1-Sep-20 -0.1 80,000 Shares Outstanding (mln): 1,145.07 -0.2 60,000 Market Cap
Slide 17: Awards & Achievements
Awards & Achievements 1 2 3 4 5 6 7 Finance Asia Corporate ABF Pakistan Digital ABF Corporate Country Excellence Wholesale Awards 2020 & Investment The Asset CFA Society Awards 2020 Award - Banking 1. Best Mobile Banking Triple A Asia Pakistan – – Best bank Management Awards 2020 Banking App Awards
Slide 18: Corporate Governance & Ratings
Corporate Governance & Ratings Entity Rating • AAA (Long Term) • A1+ (Short Term) CGR • A very low expectation of credit • CGR-9+ (Corporate Governance risk emanating from a very strong Rating) Deposits capacity for timely payment of financial commitments & not being • Very high level of corporate s
Slide 19: Annexures
Annexures Annexure A Statement of Financial Position - Standalone Basis Annexure B Statement of Financial Position - Consolidated Annexure C Income Statement - Standalone Basis Annexure D Income Statement Consolidated 17
Slide 20: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Sep'20 Dec'19 Var. Sep'20 Dec'19 Var. Cash and Balances with Banks 111,693 120,546 (8,853) 674 727 (53) -7% Lending to FIs 4,876 13,607 (8,731) 29 82 (53) -64% Investments 788,219 757,957 30,262 4,757 4,574 183
Slide 21: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Sep' 20 Dec'19 Var. Sep' 20 Dec'19 Var. Cash and Balances with Banks 111,685 120,538 (8,853) 674 727 (53) -7% Lending to Fis 4,876 13,607 (8,731) 29 82 (53) -64% Investments 790,143 759,654 30,489 4,768 4,584
Slide 22: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Sep' 20 Sep'19 Var. Sep' 20 Sep'19 Var. Mark-up/ interest Income 86,630 86,985 (355) 523 525 (2) 0% Mark-up/ interest Expensed 49,445 58,204 (8,759) 298 351 (53) -15% Net Mark-up/ interest Income 37,185 28,781 8,404 224 1
Slide 23: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Sep' 20 Sep'19 Var. Sep' 20 Sep'19 Var. Mark-up/ interest Income 86,632 86,986 (354) 523 525 (2) 0% Mark-up/ interest Expensed 49,452 58,207 (8,755) 298 351 (53) -15% Net Mark-up/ interest Income 37,180 28,779 8,401 224
Slide 24: 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 Corporate Briefing Session are forward‐looking statements. These forward looking statements involve a n
Slide 25: Contact Us
Contact Us Muhammad Bilal +92-42-35880043 Investor.Relations@abl.com Saleem Ext: 32665 Unit Head Strategic Planning 25
Slide 26: Thank You
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