Union Bank Of Colombo Plc · CSELK:UBC.N0000

Union Bank Of Colombo — Investor Presentation (June 2024)

14 slides from Union Bank Of Colombo's investor presentation, June 2024

  1. Slide 1: Investor Presentation June 2024

    Investor Presentation June 2024 Classification: Internal

  2. Slide 2: Vision

    Vision Vision: “Our Vision is to be the innovator of Banking Solutions to the wider Corporate, SME and Retail Segments and to be their Bank of choice, through professional and empowered people”. Mission:  To our customers we provide the means of economic upliftment through customized banking and fi

  3. Slide 3: Union Bank 1H2024 reflects strong credit growth and brand investment

    Union Bank 1H2024, reflects strong credit growth and brand investment. Bank Income Statement (Rs.Mn) 1H 2024 1H 2023 Growth % Net interest income 2,544 3,118 -18.4% Net fee and commission income 520 595 -12.7% Net Trading and other Operating income 432 317 36.3% Total operating income 3,495 4,030 -1

  4. Slide 4: Net Interest Income and Fees

    Net Interest Income and Fees Net Interest Income (Rs.Mn) Gross Fees & Commission (Rs.Mn) 792 3,118 710 2,509 2,544 629 2,131 2,103 524 517 2,022 1,785 447 1,561 389 369 1,039 978 729 152 80 77 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20 1H 21 1H 22 1H 23 1H 24 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20

  5. Slide 5: Other income and Operating expenses

    Other income and Operating expenses Net Trading & Other (Rs.Mn) Operating Expenses (Rs.Mn) 642 2,584 561 2,496 556 527 2,059 1,974 1,914 432 1,899 405 1,809 1,619 357 317 1,433 256 1,109 235 198 765 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20 1H 21 1H 22 1H 23 1H 24 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19

  6. Slide 6: Operating Margin

    Operating Margin Operating Income (Rs.Mn) 3,495 Operating Margin (Rs.Mn) 1,800 CAGR 1,600 13% 1,400 1,200 986 1,000 800 600 1H 14 1H 24 400 200 Operating Expenses - (Rs.Mn) 2,584 1H 1H 1H 1H 1H 1H 1H 1H 1H 1H 1H 14 15 16 17 18 19 20 21 22 23 24 CAGR 13% • Total operating income experienced a reducti

  7. Slide 7: Impairment charges decreased by 50.1% YoY

    Impairment charges decreased by 50.1% YoY Impairment Charges (Rs.Mn) 961 726 436 362 281 186 158 132 139 107 18 1H 14 1H 15 1H 16 1H 17 1H 18 1H 19 1H 20 1H 21 1H 22 1H 23 1H 24 Impairment Charges decreased by 50.1% YoY • Impairments were LKR 362 Mn, reflecting a reduction due to improved collection

  8. Slide 8: Balance Sheet - Bank

    Balance Sheet - Bank Net Loans (Rs.Mn) 73,977 CAGR 12% 23,922 1H 14 1 H 24 Deposits (Rs.Mn) 95,012 • loans and advances exhibited a positive trajectory, experiencing a 18.9% increase to reach LKR 73,977 Mn CAGR 13% • Customer deposits demonstrated robust growth, rising by 8% to LKR 95,012 Mn • The B

  9. Slide 9: Strong CASA and Deposits

    Strong CASA and Deposits Net Loans (Rs.Mn) Deposits (Rs.Mn) 92,592 95,012 77,358 88,907 73,749 73,977 82,384 83,416 70,578 79,251 76,532 67,518 67,835 67,727 62,446 70,326 55,438 51,841 40,095 37,653 28,700 23,922 1H 14 2015 2016 2017 2018 2019 2020 2021 2022 1H 23 1 H 24 1H 14 2015 2016 2017 2018 2

  10. Slide 10: Strong Total Capital Adequacy ratio of 16.16%

    Strong Total Capital Adequacy ratio of 16.16% • Capital Adequacy Ratio - The Bank continued to maintain high capital adequacy ratios. - The Tier I Capital Adequacy Ratio as at 30th June 2024 was 15.23%, well above the minimum statutory requirement of 8.5% - The total capital ratio as at end 30th Jun

  11. Slide 11: Income Statement - Group

    Income Statement - Group Group Income Statement (Rs.Mn) 1H 2024 1H 2023 Growth % Net interest income 2,881 3,599 -20.0% Net fee and commission income 571 641 -10.9% Net Trading and other Operating income 492 371 32.6% Total operating income 3,945 4,612 -14.5% Impairment Charges 357 780 -54.2% Operat

  12. Slide 12: Balance Sheet - Group

    Balance Sheet - Group • The Total Assets of the Group were LKR 150,769 Mn with the Bank’s share amounting to 95%. • The Group maintained a healthy Total Capital Ratio of 17.42% as at 30th June 2024 Classification: Internal

  13. Slide 13: Key Performance Indicators

    Key Performance Indicators Classification: Internal

  14. Slide 14: Corporate Information

    Corporate Information Board of Directors Legal Form A Public Limited Liability Company incorporated in Sri Lanka under the Companies Act No. 17 of 1982. Re-registered under the Companies Act No. 7 of 2007. Listed as a public quoted Company on the Colombo Stock Exchange in 2011. A Licensed Commercial

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