Oversea-chinese Banking Corporation Limited · SGX:O39
Oversea-chinese Banking — FY2022 Earnings Presentation
12 slides from Oversea-chinese Banking's earnings presentation, Feb 24, 2023
Slide 1: Group Chief Executive Officer Remarks
Group Chief Executive Officer Remarks Helen Wong, Group Chief Executive Officer 24 February 2023 OCBC Financial Results
Slide 2: Emerging Stronger from the Pandemic
Emerging Stronger from the Pandemic • All 2022 Financial Targets Delivered • Well-diversified Business Franchise • Capturing Growth Through Firm Execution of Strategic Priorities • Strong Earnings Momentum and Capital Base to Support Shareholder Returns 2
Slide 3: Record 2022 Earnings
Record Earnings Record 2022 Earnings • Record profit from Banking Operations Resilient • Growth in Wealth Management business supported by sustained net new money inflows Performance • Insurance business fundamentals remained strong, notwithstanding impact on valuations • Costs well-managed Well-pos
Slide 4: Corporate Strategy to Excel for Sustainable Growth
Corporate Strategy Corporate Strategy to Excel for Sustainable Growth 1 Capture rising Asian wealth with our SG-HK hubs and digital propositions 2 Support increasing ASEAN-Greater China trade and investment flows Drive Growth 3 Unlock value from New Economy and high-growth industries 4 Drive transit
Slide 5: Advancing Our Sustainability Agenda
Sustainability Advancing Our Sustainability Agenda • Achieved carbon neutrality for Banking operational emissions in 2022 Committed • Invest >S$25m to reduce global carbon footprint across key markets to Net Zero by 2050 • Enhance disclosures and publish sectoral financed emission targets by 1H23 •
Slide 6: Accelerating Growth through Digital Transformation
Digitalisation Accelerating Growth through Digital Transformation Strong Digital Adoption First-to-Market Launches Global Consumer/ Private Banking Financial transactions Digitally-Secured CASA accounts Key CFS products CPF Top-up via opened/bought CPF Payout at conducted digitally in SG loans in SG
Slide 7: Seizing Opportunities and Unlocking Value from Asia’s Growth
Unlocking Value Seizing Opportunities and Unlocking Value from Asia’s Growth • New Private Banking subsidiary in Malaysia • Rolled out onshore Private Banking services in China Deepen Regional • Built regional wealth teams in key markets Presence • Expanding Greater China Business Office coverage in
Slide 8: Harnessing Our Collective Strengths
Core Strengths Harnessing Our Collective Strengths • Drive Group-wide collaborations to serve customers as a single relationship across markets • Established Global Wholesale Banking Sustainability Office to accelerate Group-wide decarbonisation “One Group” efforts for businesses Approach • Expanded
Slide 9: Delivering Quality Capital Generation and Shareholder Returns
Capital Management Delivering Quality Capital Generation and Shareholder Returns • Generate broad-based organic earnings growth Earnings Generation/ • Sustain loan growth momentum Balance Sheet Growth • Drive improvement in return on risk-weighted assets Methodology • Pursue capital and RWA optimisa
Slide 10: Looking into 2023
Outlook Looking into 2023 Outlook • Confident in the resilience of our key markets and diversified business franchise to deliver growth • Earlier than expected China reopening could be supportive to regional economies • Expect interest rates to remain high as inflationary pressures linger on • Remai
Slide 11: Recognition for Excellence and Achievements
Recognitions Recognition for Excellence and Achievements • Best Retail Bank Singapore (The Digital Banker) Private Banking Consumer / • Best Private Bank – Fund Advisory, Digital Innovation and Services (Asian Private Banker) Top 10 Strongest Banks in Asia Pacific • Best Asia-based Private Bank in t
Slide 12: Thank you
Thank you Disclaimer: This presentation should be read as an overview of OCBC’s current business activities and operating environment which may contain statements relating to OCBC’s growth strategy and future business aspirations. This presentation contains “forward-looking statements”, which are ba
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