Cimb Group Holdings Bhd · MYX:CIMB
Cimb Group Holdings Bhd — 9M15 Earnings Presentation
66 slides from Cimb Group Holdings Bhd's earnings presentation, Nov 25, 2015
Slide 1: Analyst Presentation 9M15 Results
Analyst Presentation 9M15 Results 25 November 2015
Slide 2: Agenda
Agenda 1. Key Highlights 2. CIMB Group 9M15 Financials 3. PBT by Segment 3.1 Regional Consumer Banking 3.2 Regional Commercial Banking 3.3 Regional Wholesale Banking 3.4 Group Asset Management & Investments 3.5 Group Funding 4. Other Highlights 5. Final Remarks 2
Slide 3: 1. Key Highlights
CIMB Group : 9M15 Results 1. Key Highlights
Slide 4: Key Financial Highlights
Key Financial Highlights Operating Income Overhead Expenses Loan Impairment RM ‘mil RM ‘mil RM ‘mil +8.4% Y-o-Y +163.5% Y-o-Y +5.5% Y-o-Y 1,2,4 11,354 (1,589) 10,474 (6,053) (6,385) +0.2% Q-o-Q +0.1% Q-o-Q -1.1% Q-o-Q 3,834 3,840 2 4 (603) (2,123) (2,125 (530) (524) 9M14 9M15 2Q15 3Q15 9M14 9M15 2Q1
Slide 5: Key Ratios
Key Ratios ROE NIM CI -21bps -160bps -280bps +7bps +20bps 2.86% 57.8% Flat 11.6% 1,2,4 1,2,3,4,5 56.2% 2 4 2,3 4,5 2.68% 55.4% 55.4% 9.0% 9.2% 2.65% 8.8% 2.61% 9M14 9M15 2Q15 3Q15 9M14 9M15 2Q15 3Q15 9M14 9M15 2Q15 3Q15 BAU BAU BAU BAU BAU BAU LD CASA Loan Loss Charge -80bps -6bps +140bps +39bps -10
Slide 6: PBT By Segments
PBT By Segments 9M15*~ 9M14 Group Funding Group Funding 6% 10% GAMI GAMI Consumer 6% Consumer 6% Banking Banking 29% 39% Wholesale Banking 35% Wholesale Commercial Commercial Banking Banking Banking 42% 13% 14% 9M15* PBT Growth by Key Divisions Consumer Commercial Wholesale Group Asset Group Banking
Slide 7: PBT By Country
PBT By Country 9M15 ^* 9M14 ^ Others Singapore Singapore Others 2% 9% 7% -2% Thailand Thailand 6% 5% Indonesia 8% Indonesia 22% Malaysia Malaysia 75% 68% 9M15* PBT Y-o-Y Growth by Key Countries PPOP Y-o-Y +1.4% ^ +5.8% +72.0% +27.4% PBT Y-o-Y -1.8% * -67.8% ** +22.0%* +21.3% # PBT Q-o-Q -5.7% * +279
Slide 8: 2. CIMB Group 9M15 Financials
CIMB Group : 9M15 Results 2. CIMB Group 9M15 Financials
Slide 9: Quarterly Earnings Trend
Quarterly Earnings Trend Private Placement 14.1% 14.1% 13.0% 10.7% 9.8% 8.2% 9.0% 9.1% 2.7% 3,797 3,680 3,834 3,840 3,485 3,538 3,407 3,529 3,545 1,386 1,375 1,431 1,281 1,179 1,026 1,199 1,209 1,062 1,051 1,066 950 902 890 782 877 386 252 ^ > + ~ 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 Operati
Slide 10: Earnings Summary
Earnings Summary 9M15 3Q15 2Q15 (RM ‘mil) 9M14 Y-o-Y Q-o-Q BAU* BAU* BAU* Net interest income 7,885 7,400 6.6% 2,767 2,601 6.4% Non interest income 3,469 3,074 12.8% 1,073 1,233 (13.0%) Operating income 11,354 10,474 8.4% 3,840 3,834 0.2% Overhead expenses (6,385) (6,053) 5.5% (2,125) (2,123) 0.1% P
Slide 11: Key Ratios
Key Ratios 9M15 3Q15 2Q15 (%) 9M14 Y-o-Y Q-o-Q BAU* BAU* BAU* ROE ^ 8.8 11.6 9.1 9.0 NIM ^** 2.65 2.86 2.68 2.61 Non-interest income / total income 30.5 29.4 27.9 32.1 Cost to income 56.2 57.8 55.4 55.4 Allowance coverage excluding regulatory reserve 76.6 74.2 76.6 77.9 Allowance coverage # 84.9 99.
Slide 12: Operating Expenses
Operating Expenses 9M15 (RM ‘mil) 9M14 Y-o-Y 3Q15 BAU* 2Q15 BAU* Q-o-Q BAU* Personnel 3,597 3,362 7.0% 1,186 1,202 (1.3%) Establishment 1,455 1,433 1.5% 491 477 2.9% Marketing 271 264 2.7% 90 85 5.9% Admin & General 1,062 994 6.8% 358 359 (0.3%) Total 6,385 6,053 5.5% 2,125 2,123 0.1% Total (Actual)
Slide 13: Gross Loans Growth
Gross Loans Growth Loans by Country as at 30 Sep 15 # Divisions / Products (RM ‘bil) 30 Sep 15 30 Sep 14 Y-o-Y 30 Jun 15 Q-o-Q Others Retail Financial Services (48.9%) 144.0 124.3 15.8% 138.2 4.2% 8% Singapore Mortgages 70.3 60.0 17.2% 66.8 5.2% 13% Term Loans 32.5 29.0 12.1% 31.7 2.5% Thailand Mala
Slide 14: Deposits Growth
Deposits Growth Deposits by Country as at 30 Sep 15 Divisions / Products (RM ‘bil) 30 Sep 15 30 Sep 14 Y-o-Y 30 Jun 15 Q-o-Q Others Retail Financial Services (41.8%) 131.3 113.0 16.2% 124.6 5.4% Singapore 6% 12% Commercial Banking (13.9%) 43.7 33.6 30.1% 40.9 6.8% Wholesale Banking # (44.3%) 138.9 1
Slide 15: CASA Growth
CASA Growth CASA by Country as at 30 Sep 15 Country (RM ‘bil) 30 Sep 15 30 Sep 14 Y-o-Y 30 Jun 15 Q-o-Q Singapore Others Malaysia 59.7 55.5 7.6% 60.1 (0.7%) 11% 1% Indonesia ** 26.7 20.6 29.6% 25.0 6.8% Thailand 7% Thailand 7.5 6.1 23.0% 6.1 23.0% Singapore 11.7 11.4 2.6% 11.6 0.9% Malaysia Indonesi
Slide 16: Capital Management : CIMB Group
Capital Management : CIMB Group Capital Min Total Capital/Total Assets Total RWA/Total Asset Ratios Req. CET1 4.5% + + 10.1% 10.0% 9.7% ^ 9.3%^ Peer Peer + + Average 8.8% Average 58.0% 11.5% 11.2% 11.0%^ ^ Tier 1 6.0% 10.6% + + 15.1% 14.0% ^ 14.3% 13.4% ^ Total CIMBGH 8.0% CIMBGH 8.9% 63.7% Capital
Slide 17: 3. PBT by Segment
CIMB Group : 9M15 Results 3. PBT by Segment
Slide 18: PPOP by Segments (Estimated)
PPOP by Segments (Estimated) 9M15 3Q15 2Q15 PPOP (RM ‘mil) 9M14 Y-o-Y Q-o-Q BAU* BAU* BAU* Consumer Banking (38.8%) 1,926 1,609 19.7% 681 642 6.1% Commercial Banking (12.8%) 637 455 40.0% 245 209 17.2% Wholesale Banking (41.4%) 2,059 1,846 11.5% 667 716 (6.8%) Corporate Banking (31.0%) 1,542 1,161 3
Slide 19: PBT by Segments (Estimated)
PBT by Segments (Estimated) 9M15 3Q15 2Q15 PBT (RM ‘mil) 9M14 Y-o-Y Q-o-Q BAU* BAU* BAU* Consumer Banking (38.7%) 1,329 1,132 17.4% 423 482 (12.2%) Commercial Banking (14.3%) 490 521 (6.0%) 193 102 89.2% Wholesale Banking (35.3%) 1,214 1,643 (26.1%) 449 457 (1.8%) Corporate Banking (20.3%) 697 968 (
Slide 20: 3.1 Regional Consumer Banking
CIMB Group : 9M15 Results 3.1 Regional Consumer Banking
Slide 21: Consumer Banking
Consumer Banking (RM ‘mil) 9M15 9M14 Y-o-Y 3Q15 2Q15 Q-o-Q Net interest income 3,761 3,291 14.3% 1,295 1,247 3.8% Non interest income 1,183 1,138 4.0% 396 394 0.5% Operating income 4,944 4,429 11.6% 1,691 1,641 3.0% Overhead expenses (3,018) (2,820) 7.0% (1,010) (999) 1.1% PPOP 1,926 1,609 19.7% 681
Slide 22: Consumer Banking : Gross Loans
Consumer Banking : Gross Loans Country 30 Sep 15 30 Sep 14 Y-o-Y 30 Jun 15 Q-o-Q Malaysia (RM ‘bil) 107.8 96.7 11.5% 105.9 1.8% Indonesia (IDR ‘bil) 51,395 48,747 5.4% 51,252 0.3% Thailand (THB ‘bil) 93.6 80.9 15.6% 90.5 3.4% Singapore (SGD ‘mil) 2,683 2,286 17.4% 2,482 8.1% Others * (RM ‘bil) 0.5 0
Slide 23: Consumer Banking : Deposits
Consumer Banking : Deposits Country 30 Sep 15 30 Sep 14 Y-o-Y 30 Jun 15 Q-o-Q Malaysia (RM ‘bil) 77.7 71.2 9.1% 77.2 0.6% Indonesia (IDR ‘bil) 93,000 80,557 15.4% 88,818 4.7% Thailand (THB ‘bil) 112.5 97.1 15.8% 117.4 (4.3%) Singapore (SGD ‘mil) 4,609 4,407 4.6% 4,097 12.5% Others * (RM ‘bil) 0.5 0.
Slide 24: New Campaigns
New Campaigns Banking for Millions CIMB Petronas Swipe and Drive Open account, save, Mastercard relaunch Campaign pay with Clicks and Get 7% rebate for Aimed to drive CC swipe debit card to monthly statement usage earn entries to win balance of RM3,000 and 3 BMWs offered as RM1 mil. Aimed to
Slide 25: 3.2 Regional Commercial Banking
CIMB Group : 9M15 Results 3.2 Regional Commercial Banking
Slide 26: Commercial Banking
Commercial Banking (RM ‘mil) 9M15 9M14 Y-o-Y 3Q15 2Q15 Q-o-Q Net interest income 1,195 1,005 18.9% 424 395 7.3% Non interest income 249 188 32.4% 85 83 2.4% Operating income 1,444 1,193 21.0% 509 478 6.5% Overhead expenses (807) (738) 9.3% (264) (269) (1.9%) PPOP 637 455 40.0% 245 209 17.2% (Provisi
Slide 27: Commercial Banking : Gross Loans
Commercial Banking : Gross Loans Country 30 Sep 15 30 Sep 14 Y-o-Y 30 Jun 15 Q-o-Q Malaysia (RM ‘bil) 13.4 11.5 16.5% 13.0 3.1% Indonesia (IDR ‘bil) 35,267 33,607 4.9% 35,936 (1.9%) Thailand (THB ‘bil) 51.0 48.4 5.3% 50.5 0.9% Singapore (SGD ‘mil) 2,777 3,317 (16.3%) 3,132 (11.3%) Others * (RM ‘bil)
Slide 28: Commercial Banking : Deposits
Commercial Banking : Deposits Country 30 Sep 15 30 Sep 14 Y-o-Y 30 Jun 15 Q-o-Q Malaysia (RM ‘bil) 17.3 15.8 9.5% 17.4 (0.6%) Indonesia (IDR ‘bil) 35,064 32,819 6.8% 34,850 0.6% Thailand (THB ‘bil) 20.6 13.2 56.1% 22.2 (6.9%) Singapore (SGD ‘mil) 3,744 2,757 35.8% 3,353 11.7% Others * (RM ‘bil) 1.0
Slide 29: 3.3 Regional Wholesale Banking
CIMB Group : 9M15 Results 3.3 Regional Wholesale Banking
Slide 30: ASEAN M&A, Equities, ECM and IPO Activities
ASEAN M&A, Equities, ECM and IPO Activities Industry ASEAN ECM MSCI SEA Traded Value USD ‘mil USD ‘mil -46.5% Y-o-Y +1.3% Y-o-Y 25,951 309,533 313,485 -0.8% Q-o-Q -30.3% Q-o-Q 13,877 102,600 101,815 4,994 3,483 9M14 9M15 2Q15 3Q15 9M14 9M15 2Q15 3Q15 Industry ASEAN IPO Industry ASEAN M&A USD ‘mil US
Slide 31: Primary Bonds : Issuances Staying Weak
Primary Bonds : Issuances Staying Weak Bond Yields (%) ASEAN Issuance USD ‘mil 12 -30.5% Y-o-Y 10 54,878 8 38,127 -8.6% Q-o-Q 6 4 14,504 13,259 2 0 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 9M14 9M15 2Q15 3Q15 MY 10Y Gov Bond IND 10Y Gov Bond TH 10Y Gov Bond SGD 10Y Gov Bond Malaysia Issuance Indonesia Iss
Slide 32: Wholesale Banking
Wholesale Banking 9M15 (RM ‘mil) 9M14 Y-o-Y 3Q15 2Q15 Q-o-Q BAU* Net interest income 2,609 2,508 4.0% 961 822 16.9% Non interest income 1,486 1,329 11.8% 383 580 (34.0%) Operating income 4,095 3,837 6.7% 1,344 1,402 (4.1%) Overhead expenses (2,036) (1,991) 2.3% (677) (686) (1.3%) PPOP 2,059 1,846 11
Slide 33: Wholesale Banking : Corporate Banking
Wholesale Banking : Corporate Banking (RM ‘mil) 9M15 9M14 Y-o-Y 3Q15 2Q15 Q-o-Q Net interest income 1,761 1,439 22.4% 630 565 11.5% Non interest income 555 499 11.2% 175 212 (17.5%) Operating income 2,316 1,938 19.5% 805 777 3.6% Overhead expenses (774) (777) (0.4%) (259) (261) (0.8%) PPOP 1,542 1,1
Slide 34: Wholesale Banking : Gross Loans
Wholesale Banking : Gross Loans Country 30 Sep 15 30 Sep 14 Y-o-Y 30 Jun 15 Q-o-Q Malaysia (RM ‘bil) 32.9 30.6 7.5% 31.7 3.8% Indonesia (IDR ‘bil) 92,226 82,135 12.3% 91,062 1.3% Thailand (THB ‘bil) 51.5 49.3 4.5% 51.9 (0.9%) Singapore (SGD ‘mil) 5,988 4,992 20.0% 5,641 6.2% Others * (RM ‘bil) 21.2
Slide 35: Wholesale Banking : Deposits
Wholesale Banking : Deposits Country 30 Sep 15 30 Sep 14 Y-o-Y 30 Jun 15 Q-o-Q Malaysia (RM ‘bil) 50.2 47.3 6.1% 53.5 (6.2%) Indonesia (IDR ‘bil) 57,652 53,412 7.9% 62,322 (7.5%) Thailand (THB ‘bil) 38.0 55.4 (31.4%) 36.7 3.6% Singapore (SGD ‘mil) 2,034 1,701 19.6% 2,324 (12.5%) Others * (RM ‘bil) 1
Slide 36: Wholesale Banking : Treasury & Markets
Wholesale Banking : Treasury & Markets (RM ‘mil) 9M15 9M14 Y-o-Y 3Q15 2Q15 Q-o-Q Net interest income 720 835 (13.8%) 281 216 30.1% Non interest income 288 316 (8.9%) 30 149 (79.9%) Operating income 1,008 1,151 (12.4%) 311 365 (14.8%) Overhead expenses (458) (384) 19.3% (158) (159) (0.6%) PPOP 550 76
Slide 37: Wholesale Banking : Investment Banking
Wholesale Banking : Investment Banking 9M15 (RM ’mil) 9M14 Y-o-Y 3Q15 2Q15 Q-o-Q BAU* Net interest income 128 234 (45.3%) 50 41 22.0% Non interest income 643 514 25.1% 178 219 (18.7%) Operating income 771 748 3.1% 228 260 (12.3%) Overhead expenses (804) (830) (3.1%) (260) (266) (2.3%) PPOP (33) (82)
Slide 38: Notable Deals
Notable Deals DCM DCM GENM Capital Berhad Advanced Semiconductor Engineering, RM5.0 bil Medium Term Notes Inc. Programme guaranteed by Genting USD200.0 mil Currency Linked Zero Malaysia Berhad and issued via GENM Coupon Convertible Bonds due 2018 Capital Berhad Krung Thai Bank PCL Federal Internatio
Slide 39: 3.4 Group Asset Management & Investments
CIMB Group : 9M15 Results 3.4 Group Asset Management & Investments
Slide 40: Group Asset Management & Investments
Group Asset Management & Investments 9M15 3Q15 2Q15 PBT (RM ‘mil) 9M14 Y-o-Y Q-o-Q BAU* BAU BAU* Public Markets 79.0 61.6 28.2% 22.0 30.8 (28.6%) Private Markets 111.6 164.8 (32.3%) 42.6 40.4 5.4% Direct Investments & Others 108.7 147.5 -26.3% 46.5 32.6 42.6% Private Equity Fund Management (3.3) 10.
Slide 41: 3.5 Group Funding
CIMB Group : 9M15 Results 3.5 Group Funding
Slide 42: Group Funding
Group Funding 9M15 3Q15 2Q15 (RM ’mil) 9M14 Y-o-Y Q-o-Q BAU* BAU* BAU* Net interest income 293 577 (49.2%) 80 128 (37.5%) Non interest income 165 90 83.3% 78 34 129.4% Total income 458 667 (31.3%) 158 162 (2.5%) Overhead expenses (246) (288) (14.6%) (79) (72) (9.7%) PPOP 212 379 (44.1%) 79 90 (12.2%
Slide 43: 4. Other Highlights
CIMB Group : 9M15 Results 4. Other Highlights
Slide 44: T18 Summary Updates (3Q15)
T18 Summary Updates (3Q15) Structure Differentiation A Strategic Projects B and Governance C and Optimisation Key strategic and transformational Inward looking organisational and Differentiated, innovative and projects process changes synergy focused tactical strategies Cost Management Structura
Slide 45: Key Cost Management Initiatives in 9M15
Key Cost Management Initiatives in 9M15 A ~6% cost base reduction in 2015 (annual run rate basis) Run Rate Savings of Streamlined IB franchise and closure around RM200 of Australia offices million ~6% of 2015 cost base Run Rate Savings of MSS in Malaysia and Indonesia around RM300 million Divi
Slide 46: Business Acceleration
Business Acceleration Positive traction in Digital and MY Commercial Banking 1 Positive traction in Digital Sales Enablement (“DSE”) for Malaysia; plans in place to replicate DSE across Digital region Digital convergence strategy being developed and implemented 2 Strong Commercial Banking grow
Slide 47: Digital Sales Enablement Update
Digital Sales Enablement Update Results: RTC (Outbound Telesales) continues to be a key business contributor Total Credit Card Accounts (Malaysia) Total Credit Cards Acquired (Malaysia) ‘000 Industry: +4.3% Y-o-Y ‘000 +1.8% Q-o-Q +14.6% Y-o-Y 67.3 68.5 976 23.8 21.1 32.0 852 12.2 43.5 47.4 19.8 Sep-
Slide 48: Malaysia : CIMB Islamic
Malaysia : CIMB Islamic Ranking of Total Islamic Assets as at 30 Jun 2015 9M15 9M14 Sukuk Total Assets Market Market Market Rank Company Rank Rank RM ’mil Share Share Share 1 Maybank Islamic 160,943 31% Malaysia 23.0% 1 29.4% 1 2 CIMB Islamic 54,994 11% Asia ex-Japan 21.5% 1 28.4% 1 3 Bank Islam 48,
Slide 49: Corporate Responsibility
Corporate Responsibility CIMB Foundation Donation Teach For Malaysia Foundation Enfiniti Vision Media Sponsor teachers’ training programme for Hosting of children from charity home to watch "P. high-need schools Ramlee The Musical on Stage" Enactus Speaker Series Rumah Putera Harapan Ranau Tengku Za
Slide 50: Targets for 2015
Targets for 2015 9M15 Y-o-Y FY15 Target 1,3 ROE 8.8% 11.0% 4 Dividend Payout Ratio 21% 40% Total Loans Growth * 19.7% (10.7%**) 10% 1 Loan Loss Charge 0.71% 40-50 bps 2 CET 1 (CIMB Group) 9.3% > 10% 1,3 Cost to income 56.2% < 55% Notes: * Excluding bad bank ** Excluding FX fluctuations 1. 9M15 2. As
Slide 51: Final Remarks
Final Remarks Regional economies remain weak leading to sustained challenging operating environment and soft capital markets Key focus on asset quality in Indonesia corporates/SMEs and Malaysia consumer Asset growth likely to decelerate from 4Q15 in regional consumer and commercial banking across al
Slide 52: THANK YOU
THANK YOU 52
Slide 53: Appendices
CIMB Group : 9M15 Results Appendices
Slide 54: Consolidated Balance Sheet Changes
Consolidated Balance Sheet Changes (RM ‘mil) 30 Sep 15 30 Sep 14 Y-o-Y 30 Jun 15 Q-o-Q Cash & short term funds 28,184 30,454 (7%) 31,898 (12%) Securities purchased under resale agreements 6,361 3,601 77% 6,869 (7%) Deposits & placements with financial institutions 4,372 4,514 (3%) 6,403 (32%) Financ
Slide 55: Malaysia : Consumer Key Highlights
Malaysia : Consumer Key Highlights Y-o-Y Q-o-Q Credit Cards Consumer Gross Loans * 11.5% 1.8% Industry 9M15 Y-o-Y Q-o-Q Cards in circulation 8,494 4.3% 1.7% Mortgages 12.2% 2.4% Total spending 82,914 6.7% 3.5% Term loans 11.3% 1.5% +14.5% Y-o-Y +5.1% Q-o-Q 976 929 976 Auto 0.8% - 852 Credit cards 10
Slide 56: Indonesia : Consumer Key Highlights
Indonesia : Consumer Key Highlights Y-o-Y Q-o-Q Credit Cards Industry Sep-15 Y-o-Y Q-o-Q Consumer Gross Loans 5.4% 0.3% Cards in circulation 16,710 +12.0% +0.5% Mortgages 3.7% 0.4% Total Spending (IDR ‘tril) 207.8 +5.6% -0.7% Auto 3.7% (0.3%) +9.9% Y-o-Y +3.2% Q-o-Q 1924 1865 1924 1750 Credit cards
Slide 57: Thailand : Consumer Key Highlights
Thailand : Consumer Key Highlights Y-o-Y Q-o-Q Number of New Preferred Customers Consumer Gross Loans * 15.6% 3.4% Mortgages 18.4% 2.7% +16.2% Y-o-Y Auto Loans 12.6% 5.3% 9,620 Personal / Others 6.8% 3.5% 8,277 +84.4% Q-o-Q Consumer Deposits 15.8% (4.3%) 3,615 CASA 13.2% 14.8% 1,960 Fixed & structur
Slide 58: Singapore : Consumer Key Highlights
Singapore : Consumer Key Highlights Y-o-Y Q-o-Q Mortgages Loan Base Consumer Gross Loans 17.4% 8.1% SGD ‘mil +15.0% Y-o-Y Mortgages 15.0% 8.7% +8.7% Q-o-Q Term loans 8.2% 4.5% 1,851 Credit cards 10.7% 2.1% 1,703 Consumer Deposits 4.6% 12.5% 1,610 CASA (15.8%) (5.2%) Fixed & structured 61.4% 54.5% de
Slide 59: CIMB Niaga : Earnings Summary
CIMB Niaga : Earnings Summary 9M15 3Q15 (IDR ‘bil) 9M14 Y-o-Y 2Q15 Q-o-Q BAU* BAU* Net interest income 8,524 7,785 9.5% 2,978 2,748 8.4% Non interest income 1,736 2,003 (13.3%) 556 576 (3.5%) Operating income 10,260 9,788 4.8% 3,534 3,324 6.3% Overhead expenses (5,440) (5,145) 5.7% (1,728) (1,864) (
Slide 60: CIMB Niaga : Key Ratios
CIMB Niaga : Key Ratios 9M15 3Q15 (Consolidated, %) 9M14 Y-o-Y 2Q15 Q-o-Q BAU + BAU + ROE ^ 2.9 11.2 6.2 1.3 NIM ^ 5.19 5.27 5.40 4.94 Cost to Income 53.0 52.5 48.9 56.1 Loan Loss Coverage # 121.0 82.9 121.0 99.6 Allowance Coverage 74.0 51.8 74.0 74.4 Loan Loss Charge ^ 3.0 1.2 2.7 3.0 Gross Impaire
Slide 61: CIMB Thai : Earnings Summary
CIMB Thai : Earnings Summary Before GAAP Adjustments 9M15 9M14 Y-o-Y 3Q15 2Q15 Q-o-Q (THB ‘mil) Net interest income 6,159 5,782 6.5% 2,202 2,043 7.8% Non interest income 3,115 1,955 59.3% 994 1,072 (7.2%) Operating income 9,274 7,737 19.9% 3,196 3,115 2.6% Overhead expenses (5,312) (5,205) 2.1% (1,8
Slide 62: CIMB Thai : Key Ratios
CIMB Thai : Key Ratios (Consolidated, %) 9M15 9M14 Y-o-Y 3Q15 2Q15 Q-o-Q ROE ^ 4.9 5.4 8.4 3.8 NIM ^ 3.16 3.36 3.36 3.16 Cost to Income 57.3 67.3 57.2 54.6 Loan Loss Coverage ** 89.2 94.5 89.2 94.3 Loan Loss Charge ^ 1.9 1.0 1.4 2.3 Gross NPL ratio ** 4.3 3.3 4.3 3.9 Net NPL ratio ** 2.2 1.8 2.2 2.2
Slide 63: Asset Quality Ratios – CIMB Group
Asset Quality Ratios – CIMB Group 84.0% 84.8% 83.8% 84.2% 82.6% 82.3% 82.1% 82.2% 82.7% 79.2% 83.6% 77.9% 84.3% 82.8% 83.7% 82.6% 76.6% 81.9% 81.7% 81.7% 74.2% 81.8% 77.4% 76.9% 75.6% 71.9% 4.2% 3.8% 3.8% 3.6% 3.4% 3.1% 3.3% 3.3% 3.4% 3.2% 3.1% 3.1% 3.2% 3.5% 3.2% 3.2% 3.1% 3.0% 2.9% 3.1% 2.9% 2.7%
Slide 64: IB Market Share and Ranking (1)
IB Market Share and Ranking (1) 9M15 9M14 9M15 9M14 Market Market Market Market Rank Rank Rank Rank Share Share Share Share Cash Equities 11.0% 1 11.1% 1 Cash Equities 4.9% 3 4.6% 4 IPO 9.9% 3 7.9% 5 IPO 2.0% 13 2.7% 12 ECM 28.2% 1 19.3% 1 ECM 0.4% 20 4.0% 8 EQL Products - - 33.3% 1 EQL Products - -
Slide 65: IB Market Share and Ranking (2)
IB Market Share and Ranking (2) 9M15 9M14 9M15 9M14 Market Market ASEAN Market Market Rank Rank Rank Rank Share Share Share Share Cash Equities 0.3% 51 0.3% 51 Cash Equities 7.3% 2 7.0% 2 IPO 0.8% 24 1.0% 24 IPO 3.7% 6 4.0% 8 ECM 0.5% 35 0.5% 31 ECM 6.4% 4 6.8% 4 EQL Products - - - - EQL Products -
Slide 66: AFS MTM (Q-o-Q) Position
AFS MTM (Q-o-Q) Position 330.1 232.5 142.6 149.8 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 (500.5) 66
CIMB Group Holdings Berhad — 9M15 Earnings Presentation on 6ix