Arab Banking Corporation B S C · BAHRAIN:ABC
Arab Banking Corporation B S C — Bank ABC — Shareholder Meeting (March 2023)
22 slides from Arab Banking Corporation B S C's shareholder meeting presentation, Mar 19, 2023
Slide 1: Bank ABC AGM 2023
Bank ABC AGM 2023 Acting Group CEO Presentation 19 March 2023 Manama, Bahrain
Slide 2: 2022 Summary Overview
/ 2022 Summary Overview Accelerating performance while building the bank of the Future © / /
Slide 3: 2022 - ABC's Performance Acceleration
2022 - ABC’s Performance Acceleration Economic conditions Ol Strong growth across many markets 02 Healthy Balance Sheet 03 \l@BankABc Delivering remarkable YoY Net Profit and Dividend Growth /02
Slide 4: Economic Conditions
Economic Conditions Conditions Remain Challenging ¢ Global growth is expected to slow ¢ Commodity price shock ¢ Devaluation in the Egyptian Pound Rise in global inflation Sharp rate hiking cycles Asset prices have been under pressure All Bank ABC Reorientation of global commodity trade benefited com
Slide 5: Strong Growth Across the Franchise
Strong Growth Across the Franchise \l@BankABc Total Operating Total Loans, / TOI exceeded $1bn mark for the first time in Income, $m $bn history of the Bank mt +9% = ¢ A29% headline growth and +19% normalising for - 18.2 BBE acquisition in August last year (+29% | 1101 ’ Solid performance across our
Slide 6: Outstanding Business Performance
Outstanding Business Performance Al BankABc Wholesale Banking ¢ Corporate customer ¢ WB closed the year with Bos erg base expanded by over strong momentum and MoF Oman Aluminium Bahrain Bc, The industrial Bonk of 160 NTB clients. robust pipeline of nue pou usb 375,000.00 [ . yr Term Loon Dual Tranch
Slide 7: Healthy Balance Sheet
Healthy Balance Sheet CET and Tier Capital Adequac NSFR, % ne ere Aa 1 Ratio, % Ratio, % 128% 15.9% 9 16.9% 16.2% 15.7% Reg. Reg. level level 10.5% 12.5% DEC21 DEC22 DEC21 DEC22 DEC21 DEC22 Ratio \l@Bankasc Tier 1 ratio strong at 15.7%. Predominantly CET1 ratio at 14% Total CAR 16.8% as YE 2022 NSFR
Slide 8: Remarkable Net Profit Growth of 54%
Remarkable Net Profit Growth of 54% ~Ai@Bank abc Net Profit, US$m -{ #54%) 100 FY 21 FY 22 Net profit recorded at $154mn 54% higher than 2021 Profit growth driven by broad-based TOI exceeded US$1bn mark reflecting our diversified and resilient portfolio Improving Cost to Income ratio, by c 4% * bene
Slide 9: Significant increase in Dividend
Significant increase in Dividend \l@BankABC Recommended dividend of 1.5c per share US$ 46.6 million (+50%YOY) / Maintain pay-out ratio 30% of Net Profit / Dividend yield of c6% ’ Allows for Sustainable growth with balance sheet strength /08
Slide 10: Digital Strategy & Transformation progress
Digital Strategy & Transformation progress
Slide 11: 2022 - Building the Bank of the Future
2022 - Building the Bank of the Future Al BankABc Tile | \N razon © Strategic Priorities Wholesale Banking © AVANTI Digital Initiatives © Sustainability (ESG) ABC strategy is underpinned by the Firm focus on our Operational Resilience /10
Slide 12: Continuing to grow ila Bank across MENA
Continuing to grow ila Bank across MENA \l@BankABC 316,000 73% #$£=e2X 4 vensivasianres 8 Transactions daily YoY Growth in Increase in (Fixed deposits, credit cards, prize Awards (local (doubled in 2022) Customer base Deposits accounts - Al Kanz, prepaid cards) and regional) / ila was successfully l
Slide 13: Building our Wholesale Bank of the Future
Building our Wholesale Bank of the Future \l@BankABC Transforming legacy business model to deliver seamless, flexible and integrated banking solutions Successfully delivered several platforms: ’ Digital Onboarding ’ Doc trade digital processing hub (Al) Mpa ane CONVENIENCE OF BANKING. ¢ Supply Chain
Slide 14: Integration program gains momentum in Egypt
Integration program gains momentum in Egypt Al BankABc r i i seuase e / Legal Day One (LD1) announced “ Combined bank leadership in place / Treasury business combined / Rebranded 23 branches / Fullintegration to reach Customer Day 1 planned by Q1 2024 Transforms Egyptian Franchise “ More than triple
Slide 15: Sustainability strategy
Sustainability strategy | \l@Bankasc Bank ABC Sustainability 5 pillar strategy A holistic : Governance Operations evolutionary and Stakeholder collaborative engagement approach to Risk Financing embedding management transition sustainability across the Bank’ Governance: Operations: Reduce Risk Manag
Slide 16: Sustainability strategy: Achievements in 2022 and 2023 Roadmap
Sustainability strategy: Achievements in 2022 and 2023 Roadmap \M@ Bank aBc Green & . Human Capital . Sustainability - Strategy Governance Operations Management Risk Management Linked (SL) Finance WY | Strategic review Review of Scope 1,263 Review of the Bank’s Climate risk Provided a total of Fi of
Slide 17: Industry recognition
Industry recognition S&P Global Ratings BBB-/A-3 stable Rating agencies Fitch Ratings BB+/B stable \l@BankABc CAPITAL Ce INTELLIGENCE BBB+/A-2 stable /16
Slide 18: Award winning banking
Award winning banking Regional Awards Best Innovation in Middle East Winner - Digital Banking in The Banker Transaction the Middle East Banking Awards Best Digital Banking Initiative in MENA ‘MENA Islamic Finance Bank of the Year’ for Bank ABC Islamic Best Trade Finance Provider in the Middle East \
Slide 19: Governance & reputation maintained through consistent approach
Governance & reputation maintained through consistent approach \M@ Bank apc / TheBankcontinues to prioritise strong governance and ‘ No open Audit issues robustcompliance (AML, conduct, sanctions..etc) across the Group Home regulator Other international regulators United Kingdom | United States Duba
Slide 20: Setting Bold Aspirations For 2023 & Beyond
Setting Bold Aspirations For 2023 & Beyond \l@BankABc Accelerating Performance Building our Bank of the Future Client Accelerating Business Growth B Innovative Capitatising on our Journey Efficient & resilient Performing while transforming /19
Slide 21: Acknowledgement & Thank you
Acknowledgement & Thank you \lBankaABc Major Shareholders Home Regulator jlodia AU dolell ding! Kuwait Investment Authority Central Bank of Bahrain Listed on Bahrain Bourse with 1500+ shareholders /20
Slide 22: Bank ABC
\l@ Bank ABC & +9731754 3000 @® Bank-abccom | in @Bankasc /2.