Commercial International Bank - Egypt (cib) S.a.e. · EGX:COMI
Commercial International Bank - Egypt (cib) S.a.e — Commercial International Bank (CIB) — Q3 2013 Earnings Presentation
31 slides from Commercial International Bank - Egypt (cib) S.a.e's earnings presentation, 2013
Slide 1: Commercial International Bank IR presentation 3Q 2013
Commercial International Bank IR presentation 3Q 2013
Slide 2: Disclaimer
Disclaimer This document is the property of CIB and it may contain confidential information solely for use as an investor presentation. It must be treated confidentially by attendees at such presentation and should not be reproduced, redistributed or passed to any other person. The information conta
Slide 3: Agenda
Agenda Macro-Environment About CIB CIB Financial Highlights Consumer Banking Snapshot CIB Strategy Summary and Conclusion
Slide 4: Macro-Environment
Macro-Environment
Slide 5: Egypt Fact Sheet
Egypt Fact Sheet -Population: 87.1mn* -Median age: 24 -Growth: 3.1% over 2010 Favorable -Private consumption/GDP: 71.7% -Public consumption/GDP: 11.9% Demographics -Labor force/population: 27.9%* -Unemployment rate:12%* Attractive Growth -Nominal GDP: EGP 381,246bn -Historical GDP growth: 5.31% (200
Slide 6: Macroeconomics Snapshot
Macroeconomics Snapshot GDP Growth* Inflation (%) 20% 8% 7.2% 15% 18.3% 13.5% 7.1% 6% 5.1% 9.6% 10% 9.7% 4% 4.7% 10.3% 6.9% 1.9% 2.2% 2.1% 5% 2% 4.7% 0% 0% 2007 2008 2009 2010 2011 2012 August 2013 06/07 07/08 08/09 09/10 10/11 11/12 12/13 FDI (USD mn) Sovereign Debt 93.7% 95.1% 16000 100% 87.7% 84.
Slide 7: Egyptian Banking Sector Snapshot
Egyptian Banking Sector Snapshot 67% 61% 60% 59% 58% 53% 52% 52% 49% 47% 1159 900 965 756 820 571 658 497 543 438 293 304 318 344 382 399 427 464 471 539 02/03 03/04 04/05 05/06 06/07 07/08 08/09 09/10 10/11 Apr-13 Total deposits (EGP bn) Total loans (EGP bn) loans to deposits ratio 03/04 04/05 05/0
Slide 8: Challenges Facing Egypt
Challenges Facing Egypt Egypt’s Slow improvement in standards of living; UNDP Human Development Index: Score of 0.662, ranking 112/187 Socio- 1 Population Below Poverty Line: 20% of population Economic 1 Low quality health care services; Problems 4.7% of GDP spent on health care services 1 Lack of e
Slide 9: About CIB
About CIB
Slide 10: Strategic Milestones
Strategic Milestones Chase Divestiture : First GDR Ripplewood led Strategic Subsidiaries US$ 120M consortium divested half Renamed CIB established to complement 22.2% of share capital of its holdings our core business in CIB to Actis 1975 1987 1993 1994 1995 1996 1997 1998 2006 2009 Consortium led b
Slide 11: General Information
General Information CIB’s Stock is listed in the Egyptian Stock Exchange, London Stock Exchange and traded in New York Stock Exchange Shareholding Structure Share Information Actis Shares outstanding 600,162,379 9.14% Par value EGP 10.00 GDR Ratio 1:1 Last 52 weeks Hi 45.47 Free Float Last 52 weeks
Slide 12: CI Group Structure
CI Group Structure CAPITAL CAPITAL CAPITAL
Slide 13: CIB's Distribution Network
CIB’s Distribution Network Branch Distribution: Cairo: 87 Alex: 26 Delta: 6 Upper Egypt & Red Sea: 21 Sinai & Canal: 25 Total Outlets: 165 Alternate Channel Distribution: ATMs: 540 POS: 8,317 On-line Banking hits per month: N/A Call Center: 198.8k hits per month through Our 24 hours 7 days a week de
Slide 14: CIB's Business Segments
CIB’s Business Segments Business Institutional Consumer CI Capital Segments Banking Banking Description • Market leader in Egypt • The take-off for a • Full-fledged world class • The prime Investment consumer banking contributor to Banking arm franchise profitability Focus on • Multinationals and Eg
Slide 15: Corporate Governance
Corporate Governance Commitment to Corporate Importance of Corporate Governance Governance Corporate governance is an issue that rates high on our list of priorities It has been demonstrated over and over that effective corporate CIB’s commitment to maintaining the highest governance in banks standa
Slide 16: Commitment to Corporate Governance
Commitment to Corporate Governance We take pride in our strong CIB was the first Egyptian corporation to establish corporate governance structures an Audit Committee in 1998 which include The Board and its committees are governed by Experienced team of well-defined charters professional executive CI
Slide 17: CIB's Board of Directors
CIB’s Board of Directors 17 17 17
Slide 18: Awards and Recognition
Awards and Recognition oe nitany Best Bank in Egypt Py % for the last 17 years Best Foreign Exchange Bank in Egypt - 2013, for the last 10 years, SiR koe BEST SUB-CUSTODIAN Bank in Egypt for the 5* consecutive year Best Trade Finance Bank in Egypt - 2013 for the last 7 years, Best Provider of Money
Slide 19: CIB Financial Highlights
CIB Financial Highlights
Slide 20: Performance Snapshot: September 2013
Performance Snapshot: 30 September 2013 Total Assets Net Loans Customer Deposits Shareholders’ Equity EGP 109,209 mn EGP 41,855 mn EGP 94,079 mn EGP 11,403 mn Year End 2012 : EGP 93,957 mn; Year End 2012 : EGP41,877 mn; Year End 2012 :EGP78,729 mm; Year End 2012 EGP 10,765 mm; + 16.2 % -0.1% + 19.5
Slide 21: Historical Performance
Historical Performance 56% 56% 57% 56.3% 55% 56% 2.90% 3.08% 2.87% 2.89% 54% 2.50 2.37% 52% 50% 1.94% 2.09% 2.01% 94,104 78.7 75,425 85,534 63.4 71.5 47,906 57,462 64,255 48.9 54.8 39.5 27,977 30,389 37,553 24.0 14.024.9 17.531.6 20.5 26.3 27.4 35.2 41.1 41.8 13.4 2004 2005 2006 2007 2008 2009 2010
Slide 22: Peer Analysis – Q2 2013
Peer Analysis – Q2 2013 40% ROAE ROAA Cost to Income 49.61% 3% 2.66% 30.85% 2.64% 2.60% 45% 39.75% 39.33% 30% 23.49% 22.97% 30.77% 21.15% 2% 1.74% 1.72% 30% 26.14% 20% 16.72% 1% 15% 10% 0% 0% 0% CAE CIB HSBC NSGB Alex NSGB CIB CAE HSBC Alex CIB NSGB HSBC CAE Alex EGP Millions Net Income EGP Billions
Slide 23: CIB Market Shares Trends
CIB Market Shares Trends 8.77% 8.52% 8.58% 8.52% 8.47% 8.45% 8.24% 8.30% 8.32% 8.10% 8.32% 8.02% 7.58% 7.22% 7.04% 7.67% 7.48% 7.48% 7.51% 6.70% 7.39% 7.75% 6.68% 7.23% 7.23% 7.14% 6.89% 6.98% 6.66% 6.62% 6.67% 6.56% 6.38% 6.12% Total Loans Total Deposits • CIB maintained the highest loan market sha
Slide 24: Consumer Banking Snapshot
Consumer Banking Snapshot
Slide 25: Consumer Banking Assets Portfolio Growth
Consumer Banking Assets Portfolio Growth Assets Assets Mix In Million FY 10 FY 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Balanc 3,915 5,175 5,525 6,083 6,599 6,664 7,073 7,210 7,312 e 25
Slide 26: CIB Strategy
CIB Strategy
Slide 27: CIB's Future Growth Opportunities
CIB’s Future Growth Opportunities Here is where we stand today … But this is where we will be tomorrow Quality portfolio Product penetration and increase share of Product-centric wallet without risking quality Developed initiatives to instill client Customer-centric solutions focused culture • Offer
Slide 28: Summary and Conclusion
Summary and Conclusion
Slide 29: Why CIB?
Why CIB? CIB is the leading financial institution in Egypt, has been Profitability Asset Quality a key player in the market for more than 30 years • Market leader • NPL/Gross loans 3.95% • NPAT EGP 2.249 bn • Coverage Ratio 140% Strongest brand equity in the • Total revenues 5.24 bn Egyptian corpora
Slide 30: Conclusion
Conclusion • Egypt has been a safe haven for investments, given its favorable demographics (1/3 of the population is under 15 years), its diversified economy and implementation of economic reforms that enhanced accessibility • With the revolution of 25th January 2011 and June 30th 2013, we at CIB fe
Slide 31: Thank you
Investor Relations contacts: Sherif Khalil Head of IR Sherif.khalil@cibeg.com Yasmine Hemeda IR Analyst Yasmine.Hemeda@cibeg.com Thank you For more information, please visit www.cibeg.com To read about the projects that the CIB Foundation has helped support and ways in which you can donate, please v
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