Bank Of Bahrain And Kuwait B.s.c. · BAHRAIN:BBK
Bank Of Bahrain And Kuwait B.s.c — Shareholder Meeting (March 2023)
28 slides from Bank Of Bahrain And Kuwait B.s.c's shareholder meeting presentation, Mar 28, 2023
Slide 1: Connecting Potentials – Annual General Meeting
Connecting Potentials Annual General Meeting 28 March 2023
Slide 2: Agenda
Agenda ► Regional and Global ► Awards and Certifications Operating Environment ► Our People ► Financial Performance ► Corporate Social ► Corporate and Strategic Responsibility Achievements 2 Annual General Meeting 28 March 2023
Slide 3: Regional and Global Operating Environment
Regional and Global Operating Environment 3 Annual General Meeting 28 March 2023
Slide 4: Regional Operating Environment (GCC including Bahrain)
Regional Operating Environment (GCC including Bahrain) • Strong recoveries and economic growth supported by the reopening of economies and robust energy prices during 2022. • Improved fiscal balances and reduced sovereign borrowing needs in the region primarily driven by higher oil income. • Reduced
Slide 5: Global Operating Environment
Global Operating Environment • Global economic activity is experiencing a broad-based slowdown, with inflation higher than seen in decades. • Monetary policy is expected to continue to tighten until price stability is restored. • Policymakers face a challenging task of alleviating the cost of living
Slide 6: Financial Performance
Financial Performance 6 Annual General Meeting 28 March 2023
Slide 7: Financial Performance – Net Profit
Financial Performance Net Profit (BD Millions) 75.4 67.1 64.4 52.0 53.1 2018 2019 2020 2021 2022 7 Annual General Meeting 28 March 2023
Slide 8: Financial Performance – Earnings Per Share
Financial Performance Basic and Diluted Earnings Per Share (Bahraini Fils) 48 41 39 32 32 2018 2019 2020 2021 2022 8 Annual General Meeting 28 March 2023
Slide 9: Financial Performance – Total Assets
Financial Performance Total Assets (BD Millions) 3,865 3,760 3,754 3,582 3,673 2018 2019 2020 2021 2022 9 Annual General Meeting 28 March 2023
Slide 10: Financial Performance – Loans and Advances
Financial Performance Loans and Advances (BD Millions) 1,773 1,671 1,614 1,556 1,607 2018 2019 2020 2021 2022 10 Annual General Meeting 28 March 2023
Slide 11: Financial Performance – Customer Deposits
Financial Performance Customer Deposits (BD Millions) 2,375 2,170 2,167 2,126 2,117 2018 2019 2020 2021 2022 11 Annual General Meeting 28 March 2023
Slide 12: Financial Performance – Net Provisions
Financial Performance Net Provisions (BD Millions) 35 19 8 6 3 2018 2019 2020 2021 2022 12 Annual General Meeting 28 March 2023
Slide 13: Financial Performance – Non-performing Ratio
Financial Performance Non-performing Ratio (%) 8.0 6.3 5.9 5.2 3.4 2018 2019 2020 2021 2022 13 Annual General Meeting 28 March 2023
Slide 14: Financial Performance – Capital Adequacy Ratio
Financial Performance Capital Adequacy Ratio (%) 27.3 23.6 21.7 21.8 19.6 2018 2019 2020 2021 2022 14 Annual General Meeting 28 March 2023
Slide 15: Financial Performance – LCR and NSFR
Financial Performance Consolidated Liquidity Coverage Ratio (LCR %) and Consolidated Net Stable Funding Ratio (NSFR %) 323.7 301.4 136.9 138.3 Regulatory Limit (100%) LCR 2021 2022 NSFR 15 Annual General Meeting 28 March 2023
Slide 16: Operational Segments – Total Operating Income
Operational Segments Total Operating Income BD 137 million BD 18 million Int'l Banking 13% BD 49 million Retail Banking 35% BD 43 million Investment, Treasury and other activities 32% Corporate Banking 20% BD 27 million 16 Annual General Meeting 28 March 2023
Slide 17: Operational Segments – Assets and Liabilities
Operational Segments Assets BD 3,593 million Liabilities BD 3,119 million BD 1,630 million BD 819 million BD 700 million BD 1,133 million Investment, Retail Banking Treasury & 23% Other Activities Retail Banking 23% Investment, 36% Treasury & Other Activities Int'l Corporate Banking 45% Banking 19%
Slide 18: Corporate Strategic Achievements
Corporate Strategic Achievements 18 Annual General Meeting 28 March 2023
Slide 19: Corporate Strategic Achievements
Corporate Strategic Achievements The Bank was able to successfully launch a number of initiatives, including: • At the start of the year, we launched our improved digital banking channels which include existing and newly-added services that empower customers to conduct banking transactions seamlessl
Slide 20: Corporate Strategic Achievements
Corporate Strategic Achievements • Signed a new strategic partnership agreement with Tamkeen to provide financing that supports the development of the Kingdom's private sector. • Signed a partnership agreement with Eskan Bank to provide mortgage loans to Bahrainis eligible for the Mazaya social hous
Slide 21: Awards and Certifications
Awards and Certifications 21 Annual General Meeting 28 March 2023
Slide 22: Awards and Certifications
Awards and Certifications • Outstanding Digital CX Strategy by Digital Banker • Compliance and Banking Management Award by International Excellence Foundation • Best Bank - Digital Services in Bahrain – 2022 by the World Union of Arab Bankers 22 Annual General Meeting 28 March 2023
Slide 23: Our People
Our People 23 Annual General Meeting 28 March 2023
Slide 24: Our People – The core of our success
Our People – The core of our success Continued focus on developing our number one asset, “our people”: • Investment in training continued, with programs such as: ▪ Launched Digital Management Trainee Program in FinTech. ▪ BBK e-learning Specialized studies to master’s degrees. • Led by 96% Bahrainis
Slide 25: Sustainability and CSR
Sustainability and CSR 25 Annual General Meeting 28 March 2023
Slide 26: Sustainability and CSR
Sustainability and CSR • Launched our inaugural sustainability report. • Adoption of the ESG framework which consists of four main pillars: ▪ Good Corporate Governance. ▪ Responsible and Responsive Employer. ▪ Long-term positive customer relationships and experiences. ▪ Social Responsibility Mindset
Slide 27: Sustainability and CSR
Sustainability and CSR • 50th year Initiatives related to CSR: ▪ 50 Scholarships to University of Bahrain and Bahrain Polytechnic. ▪ 50 insolvents debtors' debts were paid. • Launching BBK Women on Board Training Program. • BBK 2nd Edition of Digital Literacy Program. • Supporting the establishment
Slide 28: Thank you
Thank you Annual General Meeting 28 March 2023
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