Singapura Finance Ltd · SGX:S23
Singapura Finance — Shareholder Meeting (April 2025)
12 slides from Singapura Finance's shareholder meeting presentation, Apr 25, 2025
Slide 1: Singapura Finance Ltd Annual General Meeting
Singapura Finance Ltd Annual General Meeting 25 April 2025
Slide 2: Our loan portfolio grew almost 20%
Our loan portfolio grew almost 20% 2024 $989.78m Y-o-Y growth 2023 $158.72m $831.06m Singapura Finance Ltd AGM 2025 Page 2
Slide 3: NIMs compressed due to higher interest expense, despite higher revenue
NIMs compressed due to higher interest expense, despite higher revenue. NPLs remained relatively stable. Net Interest Margin % NPLs 2024 2024 1.87% $28.49m 2023 2023 2.00% $27.65m NIM (%) is based on Group level Singapura Finance Ltd AGM 2025 Page 3
Slide 4: Financial Comparison 2024 vs 2023
The group continues to face a challenging operating environment, with uncertain geopolitical situations around the world. Revenue grew but the group continues to face relatively high operating costs and interest expense. 12.09% 60,000 53,971 48,150 50,000 17.51% 40,000 30,723 5.64% 26,144 2024 30,00
Slide 5: Our loans portfolio is concentrated in Mortgage loans
Our loans portfolio is concentrated in Mortgage loans, which is a lower interest margin product. Singapura Finance Ltd AGM 2025 Page 6
Slide 6: Loan Portfolio 2024: Mortgage Loans
Loan Portfolio 2024 Mortgage Loans Colour Concentration = Concentration of Loans in particular loan type AGM 2025 Page 6 Singapura Finance Ltd
Slide 7: Loan Portfolio 2024: Mortgage and Construction Loans
Loan Portfolio 2024 Mortgage Construction Loans Loans Colour Concentration = Concentration of Loans in particular loan type AGM 2025 Page 7 Singapura Finance Ltd
Slide 8: Loan Portfolio 2024: Block Discounting Loans
Loan Portfolio 2024 Mortgage Construction Loans Loans Block Discounting Loans Colour Concentration = Concentration of Loans in particular loan type AGM 2025 Page 8 Singapura Finance Ltd
Slide 9: Loan Portfolio 2024: Other Loans
Loan Portfolio 2024 Mortgage Construction Loans Loans Block Discounting Other Loans Loans Colour Concentration = Concentration of Loans in particular loan type AGM 2025 Page 9 Singapura Finance Ltd
Slide 10: Report Card: Grew our loan base to $1bn
Report Card: Grew our loan base to $1bn in a competitive deposit market. Launched digital FD renewals and brand refresh. Continued on our digital journey Improve margins and volume Internet Banking Improve Branding and digital Continue digitalization journey of loans & Vivid Card presence • Grew our
Slide 11: Future proofing: Build on our loan growth amidst geopolitical uncertainty
Future proofing: Build on our loan growth amidst geopolitical uncertainty. Drive digitalization, digital presence, and brand recognition for next generation Continue to grow loan base Internet Banking Improve Branding and digital & Vivid Life Continue digitalization journey and volume of loans prese
Slide 12: Let's Achieve More Together
singapurafinance.com.sg Let’s Achieve More Together Singapura Finance Ltd