I&m Group Plc · NSEKE:IMH
I&m — I&M Bank (Rwanda) — Q1 2022 Earnings Presentation
12 slides from I&m's earnings presentation, 2022
Slide 1: Quarter 1 2022 Investor Briefing
Quarter 1 2022 Investor Briefing
Slide 2: Index
Index 1 Financial Highlights & Trend Analysis 2 Strategy Update & Outlook I&M Rwanda - Q1-2022 Earnings Presentation
Slide 3: Disclaimer & Forward-looking statements
Disclaimer & Forward-looking statements The contents herein have been presented in good faith. The information, statements, and opinions set out in this presentation and subsequent discussion do not constitute a public offer for the purposes of any applicable law or an offer to sell or solicitation
Slide 4: Delivered a strong first quarter of 2022, reflecting business momentum
Delivered a strong first quarter of 2022, reflecting business momentum • Customer growth up by 24% YOY (SME: +70%, Corporate: +11%; Retail: +19%). • Loan book of RWF 231Bn, up by 4% YTD. Growth • Customer deposits of RWF 359Bn, up by 10% YTD • Revenue growth: Net Interest Income +14% and Non-funded
Slide 5: Q1-2022 Financial highlights – solid momentum from 2021 and ongoing execution
Q1-2022 Financial highlights – solid momentum from 2021 and ongoing execution of our iMara 2.0 strategy % Var. Cost-to-Income Ratio Rwf 'Millions Mar-22 Mar-21 Mar-20 Mar-21 -5% Net interest income 7,595 6,656 5,593 14.1 62.3% Net fee income 413 397 447 4.0 59.0% Trading and other income 1,257 990 1
Slide 6: Well-funded, diversified, and highly liquid balance sheet
Well-funded, diversified, and highly liquid balance sheet (large % contribution from deposits from customers & other financial institutions) % Var. Credit Quality indicators Rwf 'Billions Mar-22 Dec-21 Dec-20 Dec-21 Mar-22 Dec-21 Dec-20 Loans & Advances 230.5 222.4 205.2 4% Financial Investments 112
Slide 7: Strong capital levels & liquidity Ratios
Strong capital levels & liquidity Ratios Capital Adequacy Ratio Liquidity Coverage Ratio 340 22.00% 334 542% 20.75% 21.00% 330 19.65% 528% 20.00% 20.16% 320 317 19.00% 18.08% 310 17.54% 18.00% 504% 16.45% 17.00% 300 297 16.00% 290 15.00% 280 14.00% 270 13.00% Dec-20 Dec-21 Mar-22 Dec-20 Dec-21 Mar-2
Slide 8: Key ratios reflect business growth and momentum behind strategy execution
Key ratios reflects the business growth and tangible momentum behind our strategy execution. Dec-20 Dec-21 Mar-22 Return on Equity (ROAE), % 10.9 15.7 12.1* Return on Assets (ROAA), % 1.39 2.1 1.6* Liquidity Coverage Ratio, % 542 504 528 Cost/ Income Ratio, % 57.1 62.1 59.0 Net Loans to Deposit Rati
Slide 9: Strategy Update & Outlook
Index 1 Financial Highlights & Trend Analysis 2 Strategy Update & Outlook I&M Rwanda - Q1-2022 Earnings Presentation
Slide 10: Strategy Highlights
Continue to be guided by our iMara 2.0 strategy & maintain a strong underlying performance across all business segments Strategy 215.9 240.8 213.4 Highlights 129.1 125.2 112.0 Corporate • Executing our MSME strategy; +641 new businesses Banking accounts opened in Q1-2022. Loans Deposits • Revenue di
Slide 11: We reiterate our 2022 main targets
We reiterate our 2022 main targets Executing our iMara 2.0; by maintaining momentum in business performance. Revenue diversification; onboarding of new businesses and enhancing new revenue streams (Bancassurance) Digital & Customer Experience; leverage our digital channels to enable more complex sal
Slide 12: Thank you
Thank you I&M Bank (Rwanda) PLC KN 03 Ave, 9 P.O. BOX 354 Kigali, Rwanda E: invest@imbank.co.rw T: + 250 788 16 2040