Tisco Financial Group Public Co. Ltd. · SET:TISCO

Tisco Financial Group Public — H1 2020 Earnings Presentation

30 slides from Tisco Financial Group Public's earnings presentation, 2020

  1. Slide 1: TISCO Financial Group Public Co., Ltd. For the First Half of 2020

    TISCO Financial Group Public Co., Ltd. For the First Half of 2020

  2. Slide 2: TISCO Overview

    © TISCO TISCO Overview

  3. Slide 3: Company Profile

    Company Profile Timelines 1975 One of the founding Business Model 1969 members of the Stock Founded by Bankers Trust of New York as Exchange of Thailand “Selective Focus” the first investment 1996 Universal Bank bank in Thailand First securitization of auto loan in South East Asia 2008 Restructured

  4. Slide 4: TISCO Group Structure

    TISCO Group Structure TISCO [ TISCO Financial Group Plc.* poor nee ------------- ero ----------5 ----4----------------------------------- + t ' ' ' t 1 1 ' ' ' ' 1 ' ' 1 ' ' ' 1 ' ' ' 1 1 ' 99.99% 100% 49% 1 100% 100% 1 100% 100% 100% 100%! ' ' ' t ' 4 [oe = tisco 64] Tisco Tisco Asset |i] TISCO TIS

  5. Slide 5: TISCO Businesses

    TISCO Businesses Retail Banking • Auto Hire Purchase • TISCO Auto Cash • Mortgage Loan & Home-Equity Loan • SME Lending • Life & Non-Life Insurance Corporate Banking • Corporate Lending & Financial Advisory • Investment Banking • Corporate Insurance Wealth & Asset Management • Deposit Service • Weal

  6. Slide 6: Consolidated Loan Portfolio

    Consolidated Loan Portfolio Acquired Retail Banking Business Thailand’s First Car from SCBT Buyer Scheme Sale of Personal Loan & Credit Card to Citibank Covid-19 Outbreak Took over Primus & GMAC Started SME Division Upgraded to Commercial Bank 9.2% 56.6% -7.5% 22.4% 14.7% 16.7% 15.8% 19.3% 9.8% 32.2

  7. Slide 7: Profitability

    Profitability Profitability for the past decade 16.0% 45.3% 13.1% 13.4% 14.7% 0.0% 0.0% 17.8% 21.7% 15.2% 3.6% (20.2%) Growth (YoY) 7

  8. Slide 8: Share Capital Information

    Share Capital Information Total Shares 800,655,483 Ordinary Shares 800,645,624 NVDR, CDIB, 10.0% Preferred Shares 9,859 11.8% Foreign, No. of Shareholders 35,689 28.0% Foreign Shareholders 156 Local Shareholders 35,533 Shareholders by type (%) Institutional 73.1% Local, 50.2% Individual 26.9% Foreig

  9. Slide 9: Recognitions and Awards

    Recognitions and Awards Best Company Performance from SET Awards 2018 & 2019 Distinguished Financial Management from Thailand Corporate Excellence Awards 2018 by TMA and Sasin Board of the Year Awards 2019 – Gold from Thai Institute of Directors (IOD) Mr. Suthas Ruangmanamongkol, Group Chief Executi

  10. Slide 10: Financial Results

    TISCO Financial Results

  11. Slide 11: Profitability

    Profitability Net Profit Unit: Million Baht -20.2% YoY -10.5% QoQ -26.1% YoY ROAE & ROAA 11

  12. Slide 12: Consolidated Income Statements

    Consolidated Income Statements Unit : Million Baht 2Q19 1Q20 2Q20 % QoQ % YoY 1H2019 1H2020 % YoY Interest Income 4,380 4,553 4,122 (9.5) (5.9) 8,770 8,675 (1.1) Interest Expenses (1,273) (1,095) (994) (9.3) (21.9) (2,560) (2,089) (18.4) Net Interest Income 3,107 3,458 3,128 (9.5) 0.7 6,210 6,586 6.

  13. Slide 13: Assets and Liabilities

    Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht -9.4% QoQ -9.0% QoQ -7.8% YTD -7.8% YTD Unit : Million Baht 2019 1Q20 2Q20 % QoQ % YTD Unit : Million Baht 2019 1Q20 2Q20 % QoQ % YTD Loans 242,826 237,873 228,165 (4.1) (6.0) Deposits & 234,421 237,576 213,036 (10.3) (9

  14. Slide 14: Loan Portfolios

    Loan Portfolios -3.9% QoQ -5.0% YTD Total Loans Unit: Million Baht -4.1% QoQ -6.0% YTD Retail Loans +2.4% QoQ -1.2% YTD Corporate Loans -27.5% QoQ -35.9% YTD SME Loans 14

  15. Slide 15: Retail Loan Portfolio Breakdown

    Retail Loan Portfolio Breakdown Unit: Million Baht -3.9% QoQ -5.0% YTD -4.2% QoQ -6.0% YTD -2.9% QoQ +0.4% YTD -4.4% QoQ -4.0% QoQ -1.8% QoQ -9.8% YTD -5.9% YTD -1.3% YTD *Remark: Housing Loans include Mortgage Loans and Home-Equity Loans 15

  16. Slide 16: Interest Income & NIM

    Interest Income & NIM Net Interest Income Unit: Million Baht +6.1% YoY -9.5% QoQ +0.7% YoY 16

  17. Slide 17: Asset Quality

    Asset Quality Non-Performing Loans Unit: Million Baht 2019 1Q20 2Q20 NPLs by Loan Types Million Baht % Million Baht % Million Baht % Corporate 259 0.7 259 0.7 229 0.6 SME 158 1.2 132 1.1 147 1.7 Hire Purchase 3,249 2.4 3,788 2.8 4,540 3.5 Mortgage 1,316 7.7 864 5.4 967 6.3 Auto Cash 848 2.4 1,032 2.

  18. Slide 18: Expected Credit Loss

    Expected Credit Loss Expected Credit Loss Unit: Million Baht Allowance for ECL Unit: Million Baht TFRS 9 Specific Reserve General Reserve Coverage Ratio (%) ECL Excess Reserve Coverage Ratio (%) 18

  19. Slide 19: Debt Relief Measures

    Debt Relief Measures Approximate % of Total Accounts Total Debt Relief Granted 20% • Principal Payment Suspension (6 months) and Term Extension* 17-18% • Principal and Interest Suspension (3 months) (Skipped Payment) 3% Special Accounting Treatments • EIR Recalculation for Income Recognition 10% - O

  20. Slide 20: Industry Car Sale & Penetration Rate

    Industry Car Sale & Penetration Rate Industry New Car Sale Units 100,000 60,000 20,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO’s Auto HP Penetration Rate 20

  21. Slide 21: TISCO Auto Cash

    TISCO Auto Cash Auto Cash Loan Outstanding Unit: Million Baht Auto Cash -2.9% QoQ +0.4% YTD Somwang -2.8% QoQ +1.4% YTD Somwang Loan Outstanding vs NPLs Somwang Branches 21

  22. Slide 22: Funding

    Funding Total Funding Unit: Million Baht -10.3% QoQ -9.1% YTD Unit : Million Baht 2019 1Q20 2Q20 % QoQ % YTD Current 2,638 3,393 2,762 (18.6) 4.7 Savings 37,802 45,887 43,690 (4.8) 15.6 Fixed Deposits 175,645 171,349 153,727 (10.3) (12.5) Short-Term Bill of Exchanges 37 37 37 - - Senior Debentures 1

  23. Slide 23: Non-Interest Income

    Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Unit: Million Baht Data for 6M2020 -12.2% YoY -21.9% QoQ -24.0% YoY Unit : Million Baht 2Q19 1Q20 2Q20 % QoQ % YoY 1H2019 1H2020 % YoY Banking Fee 1,060 976 668 (31.6) (37.0) 2,119 1,644 (

  24. Slide 24: Asset Management Business

    Asset Management Business +5.9% QoQ +5.5% YTD TISCO Asset Under Management Unit: Million Baht Rank #1 +5.7% QoQ Provident Fund +1.4% YTD +8.1% QoQ -9.3% YTD Rank #13 Mutual Fund +3.1% QoQ -2.5% YTD Rank #7 Rank #4 Private Fund 24

  25. Slide 25: Brokerage Business

    Brokerage Business TISCO Trading Volume & Market Share Unit: Million Baht TISCO Trading Volume by Customers 25

  26. Slide 26: Operating Expenses

    Operating Expenses Operating Expenses Unit: Million Baht -17.0% YoY Cost to Income Ratio -9.0% QoQ -20.1% YoY Unit : Million Baht 2Q19 1Q20 2Q20 % QoQ % YoY 1H2019 1H2020 % YoY Empl oyees ' Expens es 1,535 1,339 1,153 (13.9) (24.8) 3,206 2,492 (22.3) Premis es & Equi pment Expens es 329 321 322 0.1

  27. Slide 27: Capital Adequacy

    Capital Adequacy Capital Adequacy Ratio of TISCO Bank Unit: Million Baht Risk-Based Capital Exposure 1Q20 2Q20 27

  28. Slide 28: Employees and Branch Network

    Employees and Branch Network Total Employees Total Branch Network 28

  29. Slide 29: Investor Relations

    Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Satorn Road, Silom, Bangrak, Bangkok, 10500, Thailand +(66) 2633 6868 +(66) 2633 6855 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-lo

  30. Slide 30: TISCO

    TISCO

TISCO Financial Group Public — H1 2020 Earnings Presentation on 6ix