United Overseas Bank Limited · SGX:U11

United Overseas Bank — FY2007 Earnings Presentation

11 slides from United Overseas Bank's earnings presentation, Feb 27, 2008

  1. Slide 1: United Overseas Bank Group Full Year 2007 Briefing Results Overview

    United Overseas Bank Group Full Year 2007 Briefing Results Overview Wee Ee Cheong Deputy Chairman & Chief Executive Officer 27 February 2008 Disclaimer : This material that follows is a presentation of general background information about the Bank’s activities current at the date of the presentation

  2. Slide 2: Agenda

    Agenda 11 Performance Performance Review Review 22 Capital Capital Management Management 33 In In Summary Summary 2

  3. Slide 3: Another Record Year

    Another Record Year YoY Key Indicators 2007 2006 * Change Contributed by both higher Operating Profit ^ ($m) 2,854 2,488 14.7% NII & Non-NII Core business remains Net Profit After Tax ($m) 2,109 1,882 12.1% strong ROE (% ) Steady upward trend 12.6 12.3 0.3%pt Driven by strong fee & 38.8 35.8 Non-NII

  4. Slide 4: Broad-based Quality Growth

    Broad-based Quality Growth ƒ Loans up 20.5% ƒ Deposits up 11.9% ƒ Margins up – NIM at 2.04% ƒ Every fee & commission business up ƒ Expenses under control – Cost/Income ratio at 41.4% ƒ Asset quality sound – NPL ratio at 1.8% ƒ CDO exposure immaterial 4

  5. Slide 5: Singapore – Riding on Domestic Boom

    Singapore – Riding on Domestic Boom ƒ Operating profit up 12.6%*; Loans up 20.0% ƒ Buoyant domestic growth – strong line-up of infrastructure projects; positive property market ƒ UOB’s dominant positions in growth areas enable us to seize business opportunities • Above-industry home loan growth • Gr

  6. Slide 6: Regionalisation On Track

    Regionalisation On Track ƒ Diversified global portfolio. Total overseas operating profit crossed $1bn, up 18.4%. Loans up 21.4% ƒ Prized regional distribution network in place ƒ New strategic initiatives in China & Vietnam – Local incorporation of UOB (China), 10% stake in Southern Bank ƒ Invest in

  7. Slide 7: Malaysia – Accelerating Growth

    Malaysia – Accelerating Growth ƒ Operating profit up 13.3%; Loans up 28.1% ƒ Increased financing to consumer & SME segments ƒ Further inroads in fee-based business, especially wealth management ƒ Governance structure & risk management processes for Basel II in place ƒ Focus on accelerating growth in

  8. Slide 8: Thailand – Better Outlook

    Thailand – Better Outlook ƒ Operating profit down 11.3%; Loans down 1.5% ƒ Strengthened balance sheet & infrastructure ƒ Growth momentum picked up in last 2 quarters ƒ Continue to grow consumer & SME segments 8

  9. Slide 9: Indonesia – Entrenching Market Position

    Indonesia – Entrenching Market Position ƒ Operating profit down 9.1%; Loans up 24.1% ƒ Good momentum in building consumer business. Mortgage loans up. Launched cards ƒ SME portfolio grew & complemented well with corporate banking business ƒ Significant strides in enhancing operating infrastructure f

  10. Slide 10: Capital Management

    Capital Management ƒ Efficient capital structure ƒ Strong CAR at 10.0% for tier 1 & 14.5% for total ƒ Utilised capital for organic expansion – 15.1% increase in risk-weighted assets ƒ The Board declared final net dividend of 45 cents per share. For 2007, total net dividend of 73.7 cents per share &

  11. Slide 11: In Summary

    In Summary ƒ Quality broad-based growth in 2007 ƒ 2008 another challenging year. But region remains resilient ƒ UOB well-placed to grow – strong core franchise; valued distribution network; financial strengths ƒ Maintain disciplined balance sheet management ƒ Continue to focus on fundamentals for qu

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