United Overseas Bank Limited · SGX:U11
United Overseas Bank — FY2014 Earnings Presentation
8 slides from United Overseas Bank's earnings presentation, Feb 13, 2015
Slide 1: UOB Group Full Year 2014: Record Year of Earnings
UOB Group Full Year 2014 Record Year of Earnings Supported by Strong Balance Sheet Wee Ee Cheong Deputy Chairman and Chief Executive Officer 13 February 2015 Disclaimer: This material that follows is a presentation of general background information about the Bank’s activities current at the date of
Slide 2: Delivering Record Earnings in 2014
Delivering Record Earnings in 2014 Profit: New high of S$3.2bn. Driven by broad-based growth Net interest income higher, mainly due to loans growth • Loans: +9.5% YoY growth across industries and countries • NIM: Broadly stable Non-interest income: Higher trading and investment income. Stable
Slide 3: Maintaining Balance Sheet Strength
Maintaining Balance Sheet Strength Strengthening our Balance Sheet Overall portfolio resilient in face of market uncertainties Others Others 11% Investments 5% 4% Diversifying funding sources Investments 9% Government 6% and reducing reliance on Government Interbank 6% 9% interbank market Interb
Slide 4: Capitalising on Rising Intra-regional Flows
Capitalising on Rising Intra-regional Flows Building 3 growth pillars in Growing Intra-Regional Wholesale Business wholesale banking Intra-Regional Loan (S$) Breakdown by Origin • Strengthen geographical footprint Dec 2010 Dec 2014 Others Loans Grew 2.5X • Develop integrated portfolio of Greater C
Slide 5: Making Good Progress in Transaction Banking
Making Good Progress in Transaction Banking Healthy growth in trade Trade Loans Deposits assets spurred by new CAGR +12% and deeper client CAGR 33% +31% 37% 30% acquisition 26% 33% 24% 41% 67% 63% 67% 70% 48% Continue to invest in 45% 49% 59% 76% 74% 55% 51% 52% regional cash 2010 2011 2012 2013
Slide 6: Capturing Rising Asian Consumer Affluence
Capturing Rising Asian Consumer Affluence Wealth management’s1 Growing Regional Wealth Management Profit Contribution FY2010 – 2014 performance: CAGR • AUM up from $48bn to $80bn +25% 30% • Customer base grew from 30% 27% 100,000 to 191,000 Region 26% 26% • Widened regional wealth Singapore 74% 74
Slide 7: Tapping on Increasing Connectivity in ASEAN
Tapping on Increasing Connectivity in ASEAN Strong ASEAN-China and Intra-ASEAN Flows UOB: Towards a Multi-Channel Model China ASEAN-China 2013 Total trade: US$405bn 10-yr CAGR: 17% MYANMAR Myanmar 2 offices Thailand GREATER CHINA 24 offices2 AEC1: New THAILAND 157 offices growth Malaysia VIETNAM cat
Slide 8: Looking Ahead
Looking Ahead Moderate outlook with heightened policy risks Long-term growth dynamics for our core markets remain • Commencement of AEC from end-2015 to further lift demand from middle income and regional flows • Rise of China and the China connection UOB in good stead to tap on increasing cus