Asia Commercial Joint Stock Bank · HOSE:ACB
Asia Commercial Joint Stock Bank — Investor Presentation (2018)
12 slides from Asia Commercial Joint Stock Bank's investor presentation, Jul 29, 2018
Slide 1: ASEAN Conference – Singapore 24-26/08/2015
ASEAN Conference – Singapore 24-26/08/2015
Slide 2: ACB Overview
ACB OVERVIEW SSS v Private sector bank with established business model ¥ Focus on consumer and SMEs Y Largely secured lending v History ¥ Strongest banking franchise in retail segment v Restructuring in past 5 years to resolve legacy issues Y Now focused on core retail banking Y¥ Network of 356 bran
Slide 3: Financial Highlights
FINANCIAL HIGHLIGHTS [SS ¥ Solid growth in the first 3 months of 2018: Total assets: ~300 trillion dong (+5.47%) Lending: increased 13 trillion dong (+6.63%) Deposits: increased 17 trillion dong (+6.98%) Vv PBT of 2017: 1,490 billion dong ~ 26% FY budget v High capital adequacy ratio: CAR = 11.2%, T
Slide 4: Deposits & Loan Growth
DEPOSITS &LOANGROWTH [iN Trillion dong 300 +6.98% 250 258 31 230 234 241 +6.66% 131 201 207 98 12 200 | 176 181 77 82 84 a 56 61 63 150 35 100 50 Q42015 Q12016 Q22016 Q32016 Q42016 Q12017 Q22017 Q32017 Q42017 Q1 2018 ™Deposit MLoan Improved liquidity - Aiming for sustainable growth ¢ Loanincreased b
Slide 5: Asset Structure
ASSETSTRUCTURE [EE As of 31/12/2017 As of 31/03/2018 Bad debts & Bad debts+non Other earning Non-interest- Otherearning __ interest-earning assets earning assets assets assets 8% 7% 9% 5% Gov. bond 16% * Current loan accounts for 70% total assets. | Stronger Asset Structure | Asset Structure * Gov b
Slide 6: Loan Structure by Customers and Business Lines
By Customers By Business lines Mc as of 31/12/2017 as of 31/12/2017 11% LOAN STRUCTURE Agriculture 1% Manufacturing SME 12% 33% Construction 4% Public & a personal Hotel & Logistic & services Communication Restaurant Real estate 1% 1% 2% Consumer 56% 2% Retail banking oriented * Personal loans accou
Slide 7: Revenue in Uptrend
REVENUEINUPTREND =$ Revenue growth Q1/2015 Q1/2016 Q1/2017 Q1/2018 mRevenue @NIl = NFI Nil & NFI keep increasing strongly * Netinterest income increased by 24% yoy; Non-funded income increased by 21% yoy, in which service fee increased 42% yoy; * Revenue increased by 23%.
Slide 8: Cost
• • • 1,800 1,679 40% 1,600 1,474 35% 1,400 30% 1,075 1,200 25% 1,003 1,000 COST 20% 800 15% 600 10% 400 200 5% - 0% Q1/2015 Q1/2016 Q1/2017 Q1/2018
Slide 9: PBT
PBT 1,490 160% 140% 120% 100% 80% 595 60% 359 389 40% 20% 0% Q1/2015 Q1/2016 Q1/2017 Q1/2018 PBT Growth rate • • •
Slide 10: Good Capital Adequacy Ratio
GOOD CAPITAL ADEQUACY RATIO Pe m Capital tier 1 (%) im CAR (%) 12.9% 12.8% 13.2% ; 12.1% 12.8% 12.7% 12.3% 11.5% 11.2% 8.7 8.7 I | | 1 | Q1 2016 22016 3.2016 4 2016 Q1 2017 2.2017 3.2017 4.2017 Q1 2018 GOOD CAPITAL ADEQUACY RATIO ¢ CAR andTier 1 achieved 11.2% and 8.7%, well above SBV's current requ
Slide 11: Strong Debt Management
STRONG DEBT MANAGEMENT Ps NPL - %NPL- VAMC BOND 4,000 13% r 1.5% 3,000 r 1.0% 0.7% 2,000 1,478 r 0.5% 1,000 ~ 0.0% Q12016 =Q22016 §=Q32016 Q42016 = Q12017 Q22017 Q32017 Q42017 Qi 2018 "=VAMC Bonds) mamNPL = ma NPL+VAMC bond =——=%NPL Credit quality remained good ¢ NPLreached 1,478bn, slightly increas
Slide 12: Provisions for Credit Loss
PROVISIONS FOR CREDIT LOSS Ps Provisions for Credit loss 151% ° . wen vais 33% 135% edit loss increased ° 121% slightly 100% 90% 9 * Provision reserve slightly increased by 8% vs beginning of the year ¢ Provision/NPL ratio increased, hitting 135% Q12016 Q22016 Q32016 Q42016 Q12017 Q22017 Q32017 Q420
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