United Overseas Bank Limited · SGX:U11
United Overseas Bank — FY2007 Earnings Presentation
11 slides from United Overseas Bank's earnings presentation, Feb 27, 2008
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
Slide 2: Agenda
Agenda 11 Performance Performance Review Review 22 Capital Capital Management Management 33 In In Summary Summary 2
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
Slide 4: Broad-based Quality Growth
Broad-based Quality Growth Loans up 20.5% Deposits up 11.9% Margins up – NIM at 2.04% Every fee & commission business up Expenses under control – Cost/Income ratio at 41.4% Asset quality sound – NPL ratio at 1.8% CDO exposure immaterial 4
Slide 5: Singapore – Riding on Domestic Boom
Singapore – Riding on Domestic Boom Operating profit up 12.6%*; Loans up 20.0% Buoyant domestic growth – strong line-up of infrastructure projects; positive property market UOB’s dominant positions in growth areas enable us to seize business opportunities • Above-industry home loan growth • Gr
Slide 6: Regionalisation On Track
Regionalisation On Track Diversified global portfolio. Total overseas operating profit crossed $1bn, up 18.4%. Loans up 21.4% Prized regional distribution network in place New strategic initiatives in China & Vietnam – Local incorporation of UOB (China), 10% stake in Southern Bank Invest in
Slide 7: Malaysia – Accelerating Growth
Malaysia – Accelerating Growth Operating profit up 13.3%; Loans up 28.1% Increased financing to consumer & SME segments Further inroads in fee-based business, especially wealth management Governance structure & risk management processes for Basel II in place Focus on accelerating growth in
Slide 8: Thailand – Better Outlook
Thailand – Better Outlook Operating profit down 11.3%; Loans down 1.5% Strengthened balance sheet & infrastructure Growth momentum picked up in last 2 quarters Continue to grow consumer & SME segments 8
Slide 9: Indonesia – Entrenching Market Position
Indonesia – Entrenching Market Position Operating profit down 9.1%; Loans up 24.1% Good momentum in building consumer business. Mortgage loans up. Launched cards SME portfolio grew & complemented well with corporate banking business Significant strides in enhancing operating infrastructure f
Slide 10: Capital Management
Capital Management Efficient capital structure Strong CAR at 10.0% for tier 1 & 14.5% for total Utilised capital for organic expansion – 15.1% increase in risk-weighted assets The Board declared final net dividend of 45 cents per share. For 2007, total net dividend of 73.7 cents per share &
Slide 11: In Summary
In Summary Quality broad-based growth in 2007 2008 another challenging year. But region remains resilient UOB well-placed to grow – strong core franchise; valued distribution network; financial strengths Maintain disciplined balance sheet management Continue to focus on fundamentals for qu