Allied Bank Limited · PSX:ABL
Allied Bank — Investor Presentation (December 2023)
21 slides from Allied Bank's investor presentation, December 2023
Slide 1: Financial Presentation – December 2023
Financial Presentation – December 2023
Slide 2: Contents
Contents 3-4 10 ABL at Glance Deposits & Economic Highlights 5-7 11 Major Highlights Key Ratios & Balance Sheet Channels Income Statement 8 12 Investments Stock Market Information 9 13-18 Advances & Asset Quality Ratings / Annexure
Slide 3: ABL at Glance
ABL at Glance Corporate Domestic ATMs:1,566 Branches: 1,483 Governance On-site: 1,312 Rep Offices:2 Rating Conventional: 1,342 Off-site: 249 Islamic: 127 UAE-Dubai MBU: 5 CGR 9++ China-Beijing Digital: 14 Entity Credit Overseas Digital Touch Subsidiary Rating Branches: 2 Points ABL Asset Long Term:
Slide 4: Economic Highlights
Economic Highlights SBP Reserves and Exchange Rate US$/PKR Workers Remmittances- US$ Million 25,000 306 325 320 284 284 285 286 287 288 285 282 315 310 305 3,500 268 281 300 295 290 262 285 280 275 270 265 20,000 226 260 255 3,000 250 245 240 235 230 225 220 215 210 2,500 15,000 205 200 195 190 185
Slide 5: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) (Rs. in Billion) 2,500 41% 2% 41% 100 Net Advances -8% Net Investments 2,000 0 27 67 Rs.782 1,500 48 -64 -100 Rs.1,150 -200 2,251 2,329 1,000 Net Advances -300 reached at Rs. 782 500 -400 billion as on Dec 31, Net Investments 2023; decreased by - -500 reached a
Slide 6: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) (Rs. in Billion) Deposits Total Equity 10% Rs.1,677 -30% Rs.194 154 20% 14 CASA Dec’23 Stood at: 85% Total Equity stood at 2,123 2,135 -157 Deposits aggregated Rs. 194 billion; to reach at Rs. 1,677 increased by 52% billion; increased by (Dec 2022: Rs. 128
Slide 7: Highlights Income Statement
Highlights Income Statement Net Interest Income (Rs. in Million) Rs.113,279 Profit before Tax 70% Net Interest Income (NII) Rs.85,757 stood at Rs. 113,279 million during the year 77% under review; increased by Profit before Tax 70%. 19% reached at 18% 40,683 21,194 7,942 1236% Rs. 85,757 million; 46
Slide 8: Investments
Investments (Rs. in Million) Investments Dec'23 Dec'22 Var. Growth Pakistan Investment Bonds 1,009,785 973,128 36,657 4% Market Treasury Bills 63,108 100,237 (37,129) -37% Listed and Unlisted Shares 13,331 18,644 (5,313) -28% TFCs, Bonds, Sukuks and Mutual Funds 80,682 64,743 15,939 25% Subsidiary 5
Slide 9: Advances & Asset Quality
Advances & Asset Quality NPLs (Rs. in Billion) Rs.13.0 Gross 25 86.4% 87.5% 96.7% 95.3% 96.3% 86.1% 94.6% Advances 20 86.6% 91.9% 92.6% 93.4% 94.6% • NPLs at Rs.13.0 billion (0.5%↓) • NPL Ratio 1.64% Rs. 794 15 89.6% (0.11%↑); Industry Dec’23: 10 7.6% Gross advances • Specific NPL stood at Rs.794 Co
Slide 10: Deposits
Deposits (Rs. in Billion) Particulars Dec' 23 Dec' 22 Var (%) Market Share: 6% Current 702 609 15% Industry Growth: 24% Saving 721 592 22% Term 253 321 -21% Total Deposits 1,677 1,522 10% ABL CASA Mix: 85% 1,677 1,522 1,413 1,217 985 1,049 1,423 805 883 1,189 1,201 735 1,062 608 611 515 809 868 400
Slide 11: Key Ratios & Channels
Key Ratios & Channels Key Ratios Particulars Dec'23 Dec'22 Variance Return on Assets (%) 1.8% 1.0% 0.8% Return on Equity (Tier I) (%) 29.4% 18.4% 11.0% Capital Adequacy Ratio (%) 26.21% 19.74% 6.47% Channels Dec' 23 Dec' 22 Growth Total Branches 1,483 1,453 30 Conventional 1,356 1,336 20 Islamic 127
Slide 12: Stock Market Data
Stock Market Data Allied Bank Limited (ABL) Stock Price vs Market - Pakistan Stock Exchange Code: ABL Trend 50.0% Bloomberg Code: ABL PA 40.0% 30.0% Shares Outstanding (mln): 1,145.07 20.0% 10.0% 0.0% Market Capitalization (Rs. bln): 95.041 -10.0% Dec -2 2 Jan-23 Feb-23 Mar-23 Ap r-23 May-23 Jun -23
Slide 13: Corporate Governance & Ratings
Corporate Governance & Ratings Entity CGR Deposits Rating PACRA VIS Credit Rating Moody’s Company • AAA (Long Term) • CGR-9++ (Corporate Governance • Caa3/NP • A1+ (Short Term) Rating) • Outlook Stable, in line with • A very low expectation of • Very high level of corporate Stable outlook on the cre
Slide 14: Annexures
Annexures AnnexurePakistan A Digital Statement of Financial Awards 2020 Position - Standalone 1. Best Mobile Annexure B Banking App Awards Statement of Financial Position - Consolidated 2. Best Digital Annexure Innovation C Award 3. Best App and Web Income Statement - Standalone Enabled Market Annex
Slide 15: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Dec'23 Dec'22 Variance Dec'23 Dec'22 Variance Cash and Balances with Banks 158,592 91,353 67,239 563 324 239 74% Lending to FIs 9,418 28,222 (18,804) 33 100 (67) -67% Investments - net 1,150,318 1,123,117 27,201
Slide 16: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Dec'23 Dec'22 Variance Dec'23 Dec'22 Variance Cash and Balances with Banks 158,580 91,344 67,236 563 324 239 74% Lending to FIs 9,418 28,222 (18,804) 33 100 (67) -67% Investments - net 1,154,597 1,126,717 27,8
Slide 17: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Dec'23 Dec'22 Variance Dec'23 Dec'22 Variance Mark-up and Interest Income 357,307 215,469 141,838 1,268 764 503 66% Mark-up and Interest Expensed 244,028 148,750 95,278 866 528 338 64% Net Mark-up and interest Income 113,
Slide 18: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Dec'23 Dec'22 Variance Dec'23 Dec'22 Variance Mark-up and Interest Income 357,009 215,478 141,531 1,267 764 502 66% Mark-up and Interest Expensed 244,096 148,768 95,328 866 528 338 64% Net Mark-up and interest Income 11
Slide 19: 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 Investor Conference Call are forward‐looking statements. These forward looking statements involve a num
Slide 20: Contact Us
Contact Us Sikander Ali Khan Contact No. Unit Head Strategic +92-42-35880043 Planning, Finance Ext: 32637 e-mail. Investor.Relations@abl.com 20/21
Slide 21: Thank You
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