Allied Bank Limited · PSX:ABL
Allied Bank — 9M 2019 Earnings Presentation
29 slides from Allied Bank's earnings presentation, September 2019
Slide 1: Corporate Briefing Session
Corporate Briefing Session Financial Results - September 2019
Slide 2: Table of Contents
Table of Contents Stock Market Data & Value Creation ABL Insight Investments Deposits for Shareholders Annexures 1-6 7-10 12 13 14 15-16 17-18 11 19-23 Awards Financial Advances Key Ratios & Highlights & & Corporate Asset Quality Channels Governance Ratings
Slide 3: ABL Insight
A ABL Insight Allied Bank
Slide 4: ABL At A Glance
2 ABL At A Glance Overseas Branches • Bahrain WBU • Export Processing Zone Rep Offices Subsidiary • UAE-Dubai • China-Beijing Asset Management Domestic Co. Ltd. Holding 100% Branches Entity Credit Rating 1,343 (incl.117 Islamic) 60 Islamic windows Long Term: AAA Digital Touch Short Term: A1+ Points
Slide 5: ABL Core Values & Strategic Objectives
3 ABL Core Values & Strategic Objectives Innovation and Growth Excellence in High Performance Augmenting financial Service inclusion of unbanked Continuous re- Enhancing Brand Image Integrity population through and creating engineering of policies, shareholders' value Instilling a culture of innovat
Slide 6: Insight on ABL Business Groups
4 Insight on ABL Business Groups • Developing long term • Undertaking all facets of • Focused to shifting relationships to Bank’s orientation maintain corporate loan liability business to expand Bank’s deposit base towards the ‘Digital book Banking Age’. • Offering a wide range of Corporate & Commer
Slide 7: Key Operational Milestones
5 Key Operational Milestones ✓ Launch of First ever Co-badged Debit and Prepaid cards in Pakistan. Augmenting ✓ launched its first self-service branch for 24/7 banking. Financial ✓ Collaboration with Avanza Premier Payment services to revamp online Inclusion transactions. ✓ MyABL Upgradation and lau
Slide 8: Key Operational Milestones
6 Key Operational Milestones Employer of ✓ Recognized as “Best Place to Work 2019 – Financial Services” by the Choice for top Pakistan Society of Human Resource Management. Professionals ✓ Trainings, Seminars & Workshops for employees. ✓ Launched 3D Secure to enable Secure e-Commerce Transaction. ✓
Slide 9: Financial Highlights
Aw Financial Highlights | Allied Bank
Slide 10: Major Highlights Balance sheet (Assets)
8 Major Highlights Balance sheet (Assets) (Rs. in Billion) 1,600 300 1,400 169 200 1,200 100 -28 -6 14 Total Assets Rs. 1,501 Billion (Increase by 1,000 0 -18% 25% -1% 16% 11%); Total Industry Assets increased by 10% 800 1,501 -100 600 1,351 -200 400 -300 200 -400 Net Advances stood at Rs. 432 Billi
Slide 11: Major Highlights Balance sheet (Liabilities)
9 Major Highlights Balance sheet (Liabilities) (Rs. in Billion) 1,600 150 Total Liabilities Rs. 1,392 Billion (increased by 1,400 94 100 12%); Total Industry Liabilities increased by 10% 1,200 36 20 50 1,000 - 800 42% 4% 59% 600 1,243 1,392 (50) 400 (100) • Deposits aggregated to reach Rs 1,020 bill
Slide 12: Major Highlights Income Statement
10 Major Highlights Income Statement • Growth in Net Interest Income by 22% despite (Rs. in Million) duration management in steeply rising interest 20,000 6,800 scenario. 18,000 5,159 4,800 16,000 3,133 • Fee & Commission income increased by 15%; 14,000 2,800 12,000 960 708 Foreign Exchange Income i
Slide 13: Investments
11 Investments (Rs. in Million) Investments Sep' 19 Dec'18 Var. Growth Pakistan Investment Bonds 124,602 64,695 59,907 93% Market Treasury Bills 651,720 543,455 108,265 20% Listed and Unlisted Shares 26,806 26,428 378 1% TFCs, Bonds, Sukuks and Mutual Funds 34,957 30,826 4,130 13% Subsidiary 500 500
Slide 14: Advances & Asset Quality
12 Advances & Asset Quality (Rs. in Billion) Gross Advances reached Rs. 448 bln 500 9.0% 454 437 460 448 (1.3% ) (Industry Growth 1.2%) 450 8.0% 7.8% 7.2% 389 400 6.8% 7.0% 7.0% 350 6.4% 326 6.0% 300 289 285 341 5.9% Gross ADR ratio reached 44% 262 349 5.0% 250 4.6% (Industry ADR 53%); Avg ADR at 47
Slide 15: Deposits
13 Deposits (Rs. in Billion) Particulars Sep' 19 Dec'18 Var (%) Market Share: 7.3% Current 383 364 5% Industry Growth: 5.0% Saving 439 445 -1% Term 198 176 13% Total Deposits 1,020 985 4% 1,200 985 1,008 1,029 1,020 1,000 883 805 800 735 668 809 835 822 793 608 600 690 Total Deposits 617 400 CASA (I
Slide 16: Key Ratios & Channels
14 Key Ratios & Channels Key Ratios ABL Industry Month Sep'19 Dec'18 Sep' 19 ROA (%) 1% 1% 1% ROE (Tier I) (%) 15% 16% 12% Capital Adequacy Ratio (%) 23% 22% 17% Channels Sep' 19 Dec' 18 Growth Total Branches 1,345 1,345 - Conventional 1,228 1,228 - Islamic 117 117 - Total ATMs 1,496 1,388 108 On-si
Slide 17: Stock Market Data
15 Stock Market Data 15.0% 10.0% 5.0% Pakistan Stock Exchange Code: ABL 0.0% Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 -5.0% Bloomberg Code: ABL PA -10.0% -15.0% Shares Outstanding (mln): 1,145.07 -20.0% Market Capitalization (Rs. bln): 99.36 -25.0% -30.0% Stock Price as at Sep
Slide 18: Value Creation for Shareholders
16 Value Creation for Shareholders Return on Equity (ROE) Capital Adequacy Ratio Industry Average ROE Industry Average CAR 30% 26% 23% 21% 21% 22% 22% 23% 20% 18% 20% 16% 16% 17% 16% 14% 15% 17% 17% 16% 17% 15% 16% 15% 12% 12% 11% 12% 2013 2014 2015 2016 2017 2018 2019 2013 2014 2015 2016 2017 2018
Slide 19: Awards & Achievements
17 Awards & Achievements 1 2 3 4 5 6 7 CFA Society Best Primary Best Place to Top Issuer of SAFA- Certificate of Best Pakistan – Dealer – SBP Work in PayPak Debit Certificate of Excellence Corporate Best Bank of 2018-19 Financial Cards by 1- Merit 2019 - Report 2018 the Year 2018 – Services 2019- Li
Slide 20: Corporate Governance & Ratings
18 Corporate Governance & Ratings Corporate Entity Rating Governance Deposits Rating PACRA JCR-VIS Moody’s • CGR-9+ • B3 • AAA (Long Term) • Rating reflects bank’s stable • Very high level of corporate • A1+ (Short Term) deposits-based funding governance; the rating • A very low expectation of profi
Slide 21: Annexures
yA Annexures Allied Bank
Slide 22: Statement of Financial Position: Standalone
20 Statement of Financial Position : Standalone Annexure - A Rs. in Million US$ in Million ASSET S Growth Sep' 19 Dec'18 Var. Sep' 19 Dec'18 Var. Cash and Balances with Banks 98,220 101,763 (3,543) 628 651 (23) -3% Lending to FIs 29,396 53,786 (24,389) 188 344 (156) -45% Investments 840,373 671,228
Slide 23: Statement of Financial Position: Consolidated
21 Statement of Financial Position : Consolidated Annexure - B Rs. in Million US$ in Million ASSETS Growth Sep' 19 Dec'18 Var. Sep' 19 Dec'18 Var. Cash and Balances with Banks 98,220 101,753 (3,533) 628 651 (23) -3% Lending to Fis 29,396 53,786 (24,389) 188 344 (156) -45% Investments 841,973 672,587
Slide 24: Income Statement: Standalone
22 Income Statement : Standalone Annexure - C Rs. in Million US$ in Million Particulars Growth Sep' 19 Sep'18 Var. Sep' 19 Sep'18 Var. Mark-up/ interest Income 86,985 53,213 33,772 557 340 216 63% Mark-up/ interest Expensed 58,204 29,592 28,612 372 189 183 97% Net Mark-up/ interest Income 28,780 23,
Slide 25: Income Statement: Consolidated
23 Income Statement : Consolidated Annexure - D Rs. in Million US$ in Million Particulars Growth Sep' 19 Sep'18 Var. Sep' 19 Sep'18 Var. Mark-up/ interest Income 86,986 53,214 33,772 557 340 216 63% Mark-up/ interest Expensed 58,207 29,591 28,616 372 189 183 97% Net Mark-up/ interest Income 28,779 2
Slide 26: Question & Answer Session
24 Question & Answer Session
Slide 27: Disclaimer
25 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
Slide 28: Contact Us
Contact Us Humza Taimur +92-42-35880043 humza.taimur@abl.com Manager Investor Ext: 32641 Relations 28
Slide 29: Thank You
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