Slide 1: MCB Bank Limited Third Quarter 2009
MCB Bank Limited THIRD QUARTER 2009 September 2009
Slide 2: Disclaimer
Disclaimer THIS PRESENTATION IS BEING PRESENTED TO YOU SOLELY FOR YOUR INFORMATION AND MAY NOT BE REPRODUCED, REDISTRIBUTED OR PASSED ON, DIRECTLY OR INDIRECTLY, TO ANY OTHER PERSON OR PUBLISHED, IN WHOLE OR IN PART, FOR ANY PURPOSE. The securities of MCB Bank Limited (the “Company”) have not been a
Slide 3: Important Information about Results Presentation
Important Information about Results Presentation Certain prior period financial numbers have been reclassified to conform to current period results presentation 3 HK000LN4_SCN_0906
Slide 4: 3Q 2009 Financial Highlights
3Q 2009 Financial Highlights Deposits reached Rps. 362 Bn, an increase of 12% YoY & flat on quarterly basis Balance Sheet Gross advances were Rps. 253B, a decrease of 3% YoY and 7% QoQ Net interest income increased 10% YoY and decreased 5% QoQ to Rps. 8.5B Non interest income declined by 31% YoY and
Slide 5: 3Q 2009 Consolidated Highlights
3Q 2009 Consolidated Highlights O (U) PKR O (U) % PKR mm 3Q09 3Q08 2Q09 3Q08 2Q09 Net mark-up interest income 8,522 802 (471) 10% (5%) Non-interest income 1,200 (533) 96 (31%) 9% Total Revenue 9,721 269 (375) 3% (4%) Profit before Tax 6,474 734 933 13% 17% Net Income 4,531 524 865 13% 24% EPS 6.56 0
Slide 6: 3Q 2009 Standalone Highlights
3Q 2009 Standalone Highlights O (U) PKR O (U) % PKR mm 3Q09 3Q08 2Q09 3Q08 2Q09 Net mark-up interest income 8,520 802 (471) 10% (5%) Non-interest income 1,183 (457) 113 (28%) 11% Total Revenue 9,703 345 (357) 4% (4%) Profit before Tax 5,964 297 514 5% 9% Net Income 4,049 102 427 3% 12% EPS 5.86 0.1
Slide 7: 3Q 2009 - Consolidated Income Statement
3Q 2009 - Consolidated Income Statement O (U) PKR O (U) % PKR mm 3Q09 3Q08 2Q09 3Q08 2Q09 Mark-up Interest Earned 12,352 1,200 (497) 11% (4)% Mark-up Interest Expensed 3,831 398 (26) 12% (1%) Net mark-up / interest income 8,522 802 (471) 10% (5)% Non mark-up / interest income 1,200 (533) 96 (31%) 9%
Slide 8: Non Interest Income - Consolidated
Non Interest Income - Consolidated O (U) PKR O (U) % PKR mm 3Q09 3Q08 2Q09 3Q08 2Q09 Fee, commission and brokerage income 799 166 (60) 26% (7)% Income earned as trustee to various funds 4 (1) 0 (22)% 8% Dividend income 107 (176) 26 (62)% 32% Income from dealing in foreign currencies (37) (619) 116 (
Slide 9: Administrative Expenses- Standalone
Administrative Expenses- Standalone Actuals 3Q 09 2Q 09 Amount %age Personnel expenses 1,507 1,737 (230) (13)% Rent, taxes, insurance, electricity 361 335 26 8% Legal and professional charges 62 58 4 7% Communications 286 270 16 6% Repairs and maintenance 128 117 11 9% Stationery and printing 70 96
Slide 10: Deposit Base
Deposit Base % Total O (U) PKR O (U) % PKR Bn 3Q09 3Q08 2Q09 3Q08 2Q09 2Q08 1Q09 Fixed deposits 58 16% 16% 20 2 52% 3% Savings (1) 173 48% 49% 5 (2) 3% (1)% Current (2) 130 36% 36% 14 1 12% 1% Total deposits 362 100% 100% 38 0 12% 0% CASA deposits 304 84% 84% 18 (1) 6% (0)% Deposits remained flat du
Slide 11: Loan Portfolio
Loan Portfolio O (U) PKR O (U) % PKR bn 3Q09 3Q08 2Q09 3Q08 2Q09 Corporate 160 16 (6) 11% (4)% Commercial 48 (17) (9) (26)% (17)% Consumer 28 (5) (2) (14)% (5)% Islamic 3 (3) (1) (50)% (25)% Other 14 1 (1) 6% (9)% Gross advances 253 (8) (20) (3)% (7)% ADR (gross) % 70% 81% 75% ADR (net) % 66% 77% 72
Slide 12: Asset Quality
Asset Quality O (U) PKR O (U) % PKR mm 3Q09 3Q08 2Q09 3Q08 2Q09 2Q08 1Q09 Gross loans 253,167 260,822 272,906 (7,655) (19,739) (3)% (7)% NPL 21,854 13,320 20,863 8,534 991 64% 5% Total provision 14,876 12,028 14,058 2,849 818 24% 6% NPL: Loans 8.63% 5.11% 7.64% Provision: NPLs 68.1% 90.3% 67.4% Non-
Slide 13: NPLs
NPLs QoQ Change in MCB NPLs MCB NPLs breakdown by Category PKR Bil OAEM Substandard Doubtful Loss 6.0 4.9 5.0 11,988 13,320 18,269 19,491 20,863 21,854 100% 4.0 3.0 90% 2.0 1.3 1.4 1.2 1.0 80% 1.0 0.3 55% 59% 70% 0.0 64% 68% 73% 72% ∆ Q2 08 ∆ Q3 08 ∆ Q4 08 ∆ Q1 09 ∆ Q2 09 ∆ Q3 09 60% 50% QoQ Change
Slide 14: Capital Strength
Capital Strength Consolidated 3Q-09 Dec-08 Tier 1 capital ratio was 19% at 3Q 09 Capital Adequacy ratio was 21% at 3Q 09 Total assets 471,232 445,286 Tier 1 Capital 57,967 52,493 Tier 2 Capital 4,386 580 Risk weighted assets 302,347 330,372 Tier 1 Capital Ratio 19.2% 15.9% Tier 2 Capital Ratio 1.5%
Slide 15: Thank you Question & Answer Session
Thank you & Question & Answer Session HK000LN4_SCN_0906