United Overseas Bank Limited · SGX:U11
United Overseas Bank — Investor Day (August 2024)
17 slides from United Overseas Bank's investor day presentation, Aug 14, 2024
Slide 1: Corporate Day 2024: Continued Success in the Region – UOB Malaysia
Corporate Day 2024 Building the Future of ASEAN Continued Success in the Region – UOB Malaysia 14 August 2024 Kuala Lumpur, Malaysia
Slide 2: About UOB Malaysia (UOBM)
About UOB Malaysia (UOBM) UOB Malaysia is the leading foreign bank in the country, with 73 years of heritage and 55 branches across Central and the Regions in Malaysia • UOBM is the largest subsidiary of UOB Group by profit contribution. Northern Region • We are the leading foreign bank, and ranked
Slide 3: We are the Leading Foreign Bank in Malaysia
1st among foreign peers We are the Leading Foreign Bank Total Income Net Profit Before Tax Loans Deposits in Malaysia 6th among commercial banks 7th among commercial banks (7th in 2022) 2nd largest 2nd largest Banca Fee income growth credit card player# distributor* +30% in 2023 Note: Ranking among
Slide 4: Malaysia's 2nd economic takeoff with long-term growth potential
Malaysia’s 2nd economic takeoff with long-term growth potential 4
Slide 5: Progressive national masterplans well underway in execution, supported by quality FDI and megatrends
Progressive national masterplans well underway in execution, supported by quality FDI and megatrends Picture placeholder for Alex Ongoing Infrastructure Drive Towards High Impact Shift in Global Growing Affluent and Investments & Green Economy Supply Chain Digital Savvy Population Continued investme
Slide 6: Growing Together with Malaysia
Growing Together with Malaysia 6
Slide 7: Regional development to achieve balanced economic growth
Regional development to achieve balanced economic growth Growth corridors attracting foreign investment flows Legend Focused sectors of the corridor Greater Penang: Silicon Valley of the East Industrials TMT Central - Klang Valley: The Capital of the Nation Industrials Energy & Chemicals TMT Johor-S
Slide 8: Regional development to achieve balanced economic growth
Regional development to achieve balanced economic growth Growth corridors attracting foreign investment flows Legend Total Approved FDI RM 560b Focused sectors of the corridor Greater Penang: (2021 – 2023) RM Approved investments by source Silicon Valley of the East RM Approved investments by state
Slide 9: Deepening connectivity and enhancing supply chain resilience
Deepening connectivity and enhancing supply chain resilience Solutions for Local and Foreign corporates to strengthen the ecosystem value chains in key growth sectors Connecting global supply chain to Malaysian Our FSCM Programme has: businesses through FSCM and local market expertise (as of Decembe
Slide 10: Powering the Supply Chain Ecosystem
Powering the Supply Chain Ecosystem Presented by 10
Slide 11: Building a sustainable Malaysia together
Building a sustainable Malaysia together UOBM catalysing the transition towards a low carbon & sustainable economy ~RM8.5 billion approved sustainability loans, >30% to SMEs and >3x growth in recent years Supporting clients’ net zero ambitions UOBM Co-Chairs the JC3 SME Focus Group with BNM Greening
Slide 12: Wholesale Banking
Wholesale Banking: Growing emerging sectors and trade in line with Country’s New Industrial and Green Masterplans Defend Core sectors Leverage Sector Solutions and Sustainability product capabilities to be at the forefront of Emerging sectors 11% 3% 30% 17% 22% 24% Construction & Energy and Te
Slide 13: Retail Banking: Synergies from Citi acquisition
Retail Banking: Synergies from Citi acquisition – successfully completed migration in < 9 months. Good progress on cross-sell riding on our enlarged key strengths Achieved Operational Day 1 in July 2023 (Legal Day 1 in Nov 2022) Cross-sell CASA Accelerated Wealth Reverse synergies on to migrated bas
Slide 14: Retail Banking: Leveraging enlarged retail portfolio
Retail Banking: Leveraging enlarged retail portfolio to capture rising affluent consumer spending and wealth Serving the broader Customer-centric balance Diversify income growth affluent and aspiring between digital and through fee-based and population personalised engagement higher margin products
Slide 15: Building on record performance in 2023 to deliver 2026 aspiration
Building on record performance in 2023 to deliver 2026 aspiration From 2023 to 2026: +11% +11% +18% +13% +7% +9% 6% 12% to ~14% 46% 44% 7% 48% Return On Equity 14% 54% Industry Average: 10.6%1 43% 52% 39% 37% 41% 46% 54% 56% 49% 50% 48% 46% 59% 61% 2020 2023 2026 2020 2023 2026 2020 2023 2026 CAGR ~
Slide 16: Right By You
@ Right By You
Slide 17: Glossary
APE Annual Premium Equivalent ASEAN Association of Southeast Asian Nations AUM Asset Under Management b Billion BNM Bank Negara Malaysia CAGR Compounded Annual Growth Rate CASA Current Accounts and Savings Accounts CBAM Carbon Border Adjustment Mechanism CMM Capital Markets Malaysia CO2 Carbon Dioxi