United Overseas Bank Limited · SGX:U11
United Overseas Bank — Q2 2004 Earnings Presentation
9 slides from United Overseas Bank's earnings presentation, Jul 30, 2004
Slide 1: UOB - Premier Regional Bank: First Half / Second Quarter 2004 Group Results Briefing
UOB - Premier Regional Bank First Half / Second Quarter 2004 Group Results Briefing Address by Mr Wee Ee Cheong Deputy Chairman & President 30 July 2004 Disclaimer : This material that follows is a presentation of general background information about the Bank’s activities current at the date of the
Slide 2: Panel Members
Panel Members Mr Wee Ee Cheong Deputy Chairman & President Mr Samuel Poon SEVP, Institutional & Individual Financial Services Mr Terence Ong SEVP, Global Treasury / Asset Management Mr Francis Lee SEVP, International Mr Kuek Tong Au EVP, Corporate Services Ms Susan Hwee EVP, Information
Slide 3: Agenda
Agenda Overview Overview of of 1H04 1H04 Performance Performance Update Update on on Strategic Strategic Initiatives Initiatives UOB UOB is is Poised Poised for for Further Further Growth Growth 3
Slide 4: Overview of 1H04 Performance
Overview of 1H04 Performance Strong profitability achieved − NPAT increased by 40.5% to $705m Cash ROE increased to 12.0% from 9.4% − On track to achieve long term ROE target of 15% in 2006 & 20% in 2010 Cash ROA improved 0.25% pt to 1.38% − Continued efficiency in asset utilisation Maintain
Slide 5: Update on Strategic Initiatives - Region as Key to Future Growth
Update on Strategic Initiatives - Region as Key to Future Growth Scale up existing operations in key markets: − Malaysia − Thailand − Indonesia Recent acquisitions provide growth catalysts for Thailand & Indonesia − More significant contribution in medium to long term Thailand Indonesia ∗ Scale
Slide 6: Update on Strategic Initiatives - Region as Key to Future Growth
Update on Strategic Initiatives - Region as Key to Future Growth Continue to keep options open to acquisitions, while growing organically Build presence to be positioned for long term growth in Greater China Consolidate regional infrastructure to improve operational efficiency 6
Slide 7: Update on Strategic Initiatives - Diversify Income Base
Update on Strategic Initiatives - Diversify Income Base Multi-Pronged Approach; through various business units Fees & commissions Fee & Commission Income represent 63% of non-interest ($m) income 340 320 Good progress in credit cards, 300 fund management, 280 investment-related and trade- relate
Slide 8: Update on Strategic Initiatives - Capital Management
Update on Strategic Initiatives - Capital Management Guiding Principle of Maximising Value for Shareholders Improve capital efficiency with view for future growth Obtained mandate for share buy back of up to 5% of issued share capital MAS’ revised CAR requirements provide more flexibility in t
Slide 9: UOB is Poised for Further Growth
UOB is Poised for Further Growth Economic potential in region & cyclical upturn beneficial to businesses, including banks Taken decisive move to enhance regional footprint Well positioned with stable leadership & strong management team On On Track Track to to Achieve Achieve Mission Mission ::