Pt Bank Syariah Indonesia (persero) Tbk · IDX:BRIS
Pt Bank Syariah Indonesia (persero) Tbk — PT Bank Syariah Indonesia — FY2021 Earnings Presentation
19 slides from Pt Bank Syariah Indonesia (persero) Tbk's earnings presentation, Feb 2, 2022
Slide 1: FY 2021 Results
FY 2021 Results PT Bank Syariah Indonesia Tbk Jakarta, February 2, 2022
Slide 2: Agenda
Agenda 01. Key Investment Thesis 02. Financial Highlights FY 2021 03. BSI Growth Strategy 2022 04. Financial Guidelines 2
Slide 3: Indonesian Macroeconomic Updates
Indonesian Macroeconomic Updates The Indonesia’s economy continued to recover and predicted to grow positively despite the prolonged covid19 pandemic The Covid-19 pandemic is well controlled just until the end of November 2021. However, there should be new uptrend due incoming variant omicron Indone
Slide 4: Banking Industry
Banking Industry Sharia banks grew higher than national banks IDR Trillion Asset Loan/Financing Third Party Funds 12,57% 13,11% 12,24% 12,20% 10,89% 9,93% 11,05% 11,20% 11,93% 11,88% 8,08% 7,86% 9,42% Sharia Banks 7,48% 8,52% 538 609 646 650 YoY 490 329 365 395 413 418 380 425 476 504 508 IDR Tril 2
Slide 5: Going Forward as BSI One System
Going Forward as BSI One System “Top 10 Global Islamic Bank” Pre-Merger Post Merger PMO IMO 20 Mar ‘20 21 Oct ‘20 11 Dec ‘20 15 Dec ‘20 27 Jan ‘20 1 Feb ‘21 Mar‘21 Aug‘21 1 Nov ’21 Dec‘21 Merger Team Merger Plan OJK General Meeting Merger Approval Legal Day-1 Integration Roll-Out Operational Embarki
Slide 6: Undisputed Global Sharia Banking Champion
Bank Syariah Indonesia as….. Undisputed Global Sharia Banking Champion Significant size of Indonesian Market Government Policy on sharia financial • Largest sharia bank in the largest Moslem populated industry country • Gov regulations support (PMK payroll ASN. BUMN) • 229 mio moslem population with
Slide 7: Key Metrics Integration Result
Key Metrics Integration Result Financing Growth FAR Saving Account Cost of Fund (IDR Tn) 9% (IDR Tn) 2,68% CoF MtD 99,4 171 21,03% 2,42% 12.84% CoF YtD 2,03% 157 88,1 17,69% 1,76% Dec'20 Dec'21 Dec'20 Dec'21 Dec'20 Dec'21 Dec'20 Dec'21 BOPO CER PPOP Net Profit 84,61% (IDR Tn) 11.27% (IDR Tn) 38.4% 5
Slide 8: FY 2021 Financial Highlight
FY 2021 Financial Highlight Financing grew by 9,32 % (YoY) amid the second wave of the pandemic, Funding still robust Growth YoY Highlighted Result (IDR Billion) Dec-20 Dec-21 Amount % Assets 239.582 265.289 25.707 10,73% B/S Financing 156.694 171.291 14.597 9,32% Third Party Funds 209.906 233.251 2
Slide 9: Loan (Financing) Growth Strategy: BSI Portfolio Mix
Loan (Financing) Growth Strategy : BSI Portfolio Mix Significant growth on healthy and profitability segment IDR Billion December December Segments ΔYoY Yield SMF NPF 2020 2021 24,60% 22,74% 1. Corporate 38.503 38.946 1,15% 6,73% 2,07% 5,00% 6,09% 2. Commercial 9.764 10,434 6,86% 7,92% 1,62% 4,21% 6
Slide 10: Loan (Financing) Growth Strategy: Focus on Consumer Financing
Loan (Financing) Growth Strategy : Focus on Consumer Financing …with payroll-based and pension financing as the major contributors with higher yield and low risk IDR Billion Products Dec-20 Dec-21 ΔYoY Yield SMF NPF 1. Mortgage 37,272 40.379 8,34% 10,11% 2,42% 2,47% 49,0% 2. Automotive 2,499 1.917 -
Slide 11: Loan (Financing) Growth Strategy: Improve Financing Quality
Loan (Financing) Growth Strategy : Improve Financing Quality Disciplined on target customers brought the improvement in asset quality BANKWIDE FAR continues to improve both in terms of percentage and nominal, especially the decline that comes from FAR Covid IDR Billion 32.923 33.021 33.269 32.053 30
Slide 12: Funding Growth Story: BSI as One of Power House on Saving
Funding Growth Story : BSI as One of Power House on Saving Robust growth in wadiah saving account with 15.30% in 2021 IDR Billion Saving Account of BSI vs Market IDR Trillion Items Dec 2020 Dec 2021 ΔYoY BRI 477 Third Party Funds 209.906 233.251 11,12% BCA 472 a. Current Accounts 36.170 35.693 -1,32
Slide 13: Boost From Merger Value
Boost From Merger Value Progress on decreasing cost of fund Shifting Special Rate on Time Deposit Cost of Fund Each Product CoF Third Party 2,67% Fund 2,03% 36,36% 4,77% 51,21% CoF Time 3,66% Deposit 1,13% CoF Current 0,87% Acc 63,64% CoF Saving 1,14% 48,79% 0,71% 1,13% 0,80% 0,83% 0,87% Feb-21 Dec-
Slide 14: The Digital Services
The Digital Services Accelerating Mobile Banking transactions by providing strong Digital solutions which meet customers needs Customer Needs Solutions Health Housing Education Financial Social Spiritual Food & Clothing E - Commerce • Financial • Ziswaf • Prayer Time Automotive Transaction Transacti
Slide 15: Rapid Digital Development & Sharia Ecosystem
Rapid Digital Development & Sharia Ecosystem Progress on digital development marked by growing number of active user of BSI mobile Registered User (‘000) Active User (‘000) 3,456 1,722 125.73% 196.39% 1,531 581 Dec-20 Dec-21 Dec-20 Dec-21 Customer Base (Million) Fee Based Income (IDR Billion) 20.17%
Slide 16: ESG Proposition
ESG proposition Corporate Zakat (IDR Billion) Donation (IDR Billion) • This year, the number transactions related to donations on mobile banking has increased 21,91% 37,03% 108.63 significantly. 101.68 89.11 • We believe the higher numbers of donations, the 74.20 greater the impact to the society ID
Slide 17: Key Strategy
Key Strategy Growth strategy derived from opportunity on fundamental business Categories Takeaways Agresively growth in specific segment especially in consumer, pawning, and specific micro product Growth Strategy Moderate growth on others segment (Corporate and Commercial) Moderate growth on funding
Slide 18: FY 2022 Financial Guidelines
FY 2022 Financial Guidelines FY 2021 Realization FY 2022 Guidance Financing Growth (YoY) 9.32% 11% - 13% Saving Account (YoY) 11.13% 12% - 15% NIM 6.04% 5,5% - 6,0% NPF Gross 2.93% 2,70% - 2,80% Cash Coverage 148.87% > 150% Net Profit (IDR Trillion) 3.03 3.50 – 4.00 18
Slide 19: Thank You
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