Cimb Group Holdings Bhd · MYX:CIMB
Cimb Group Holdings Bhd — Q1 2012 Earnings Presentation
62 slides from Cimb Group Holdings Bhd's earnings presentation, May 24, 2012
Slide 1: Analysts Presentation 1Q12 Results
Analysts Presentation 1Q12 Results 24 May 2012 Introduction to CIMB Group 1
Slide 2: Key Highlights
Key Highlights Good start to 2012 with a 10.3% Y-o-Y increase in net profit Moderate Y-o-Y growth in assets and net loans up 13.9% and 11.7% respectively Introducing new segment reporting framework CBTM (Markets) and CIMB Niaga out-performed in 1Q12 Favourable debt capital markets and stro
Slide 3: CIMB Group 1Q12 Financials
CIMB GROUP : 1Q12 RESULTS CIMB GROUP 1Q12 FINANCIALS
Slide 4: Earnings Summary
Earnings Summary (RM ’mil) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q Net interest income 2,073 1,899 9.2% 2,080 (0.3%) Non interest income 1,182 851 38.9% 1,301 (9.1%) Operating income 3,255 2,750 18.4% 3,381 (3.7%) Loan impairment (144) (6) >1000.0% (289) (50.2%) Other provisions (12) 2 n.a. 8 n.a. Overhead expen
Slide 5: Quarterly Earnings Trend
Quarterly Earnings Trend 17.1% 16.9% 17.8% 16.4% 15.7% 16.1% 16.3% 15.6% 14.8% 3,381 3,186 3,255 2,993 2,959 3,032 2,897 2,802 2,750 1,405 1,341 1,180 1,180 1,143 1,233 1,278 1,287 1,124 1,133 1,011 917 970 1,012 833 884 911 873 1Q10 ^ 2Q10 ^ 3Q10 ^ 4Q10 ^ 1Q11 2Q11 3Q11 4Q11 1Q12 Operating income*
Slide 6: Contribution by Entity
Contribution by Entity 1Q12 1Q11 4Q11 Legal Entity RM ’mil % of PBT RM ’mil % of PBT RM ’mil % of PBT CIMB Bank 811 61% 675 55% 628 45% CIMB Niaga 431 32% 336 27% 390 28% CIMB Islamic 127 9% 146 12% 88 6% CIMB Labuan 11 1% 12 1% 22 2% CIMB Investment Bank 4 0% 12 1% 20 1% CIMB Thai 10 1% 37 3% 49 3%
Slide 7: Regional PBT By Segment (Estimated)
Regional PBT By Segment (Estimated) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q PBT RM ’mil RM ’mil % RM ’mil % Consumer Banking (39.5%) 530 513 3.4% 398 33.2% - Malaysia (30.4%) 408 389 4.7% 287 42.1% - Indonesia (9.5%) 128 131 (1.8%) 123 4.3% - Singapore (0.0%) (1) (10) 95.0% (7) 92.6% - Thailand (-0.3%) (4) 5 n.a
Slide 8: Regional PBT By Segment (Estimated)
Regional PBT By Segment (Estimated) 1Q12 Investment Banking Investments 1% 13% Consumer Banking Corporate 40% Banking 18% Markets 28% 4Q11 1Q11 Investment Investment Banking Banking 2% 5% Consumer Investments Banking 10% 26% Investments Consumer 35% Banking 42% Corporate Banking 27% Markets 23% Corp
Slide 9: PBT Contribution by Geography
PBT Contribution by Geography 1Q12 Others Thailand 6% 1% Singapore 4% Indonesia 32% Malaysia 57% 4Q11 1Q11 Others Thailand Others Thailand Singapore 4% Singapore 5% 3% 3% 2% 1% Indonesia 28 % Indonesia 28% Malaysia 63% Malaysia 63 % Note: Others include Bank of Yingkou, Labuan and SEASAF 9
Slide 10: AFS MTM Position
AFS MTM Position 639.0 535.8 474.8 479.9 462.2 426.3 Dec 10 Mar 11 June 11 Sep 11 Dec 11 Mar 12 10
Slide 11: Key Ratios
Key Ratios (%) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q ROE * 15.6 15.7 17.8 NIM * 3.04 3.08 3.10 Non-interest income / total income 36.3 31.0 38.5 Cost / income 55.1 56.2 50.9 Allowance coverage 81.3 80.6 81.1 Allowance coverage after regulatory reserve # 87.4 82.6 86.1 Loan loss charge * 0.30 0.01 0.60 Gross im
Slide 12: Gross Loans Growth (Regional)
Gross Loans Growth (Regional) 31 Mar 12 31 Mar 11 31 Dec 11 Divisions / Products Y-o-Y Q-o-Q (RM ’bil) (RM ’bil) (RM ’bil) Consumer Banking (65.1%) 124.0 110.8 11.9% 123.6 0.4% Mortgages 47.7 42.4 12.6% 47.1 1.3% Auto 11.6 11.3 3.0% 11.4 1.4% Term Loans 23.7 22.0 7.5% 23.5 0.9% Credit cards 5.3 5.0
Slide 13: Gross Loans by Geography
Gross Loans by Geography 31 Mar 12 31 Mar 11 Others Singapore Singapore Others RM2.7bil RM8.3 bil RM2.5 bil RM11.4 bil 1% 5% 1% 6% Thailand Thailand RM10.9 bil RM12.8 bil ^ 6% 7% Indonesia Indonesia RM39.8 bil RM45.2 bil 23% 24% Malaysia Malaysia RM118.4 bil RM110.9 bil 62% 65% Note: ^ Includes STAM
Slide 14: Deposits Growth (Regional)
Deposits Growth (Regional) 31 Mar 12 31 Mar 11 31 Dec 11 Divisions / Products Y-o-Y Q-o-Q (RM ’bil) (RM ’bil) (RM ’bil) Retail (59.1%) 135.9 117.6 15.6% 133.8 1.5% - Current 22.5 17.6 27.8% 22.3 0.7% - Savings 24.5 21.4 14.3% 23.7 3.2% - Fixed & structured deposits 53.7 48.3 11.3% 54.5 (1.3%) - Comm
Slide 15: Deposits by Geography
Deposits by Geography 31 Mar 12 31 Mar 11 Thailand Thailand RM10.9 bil RM8.7 bil 5% 4% Indonesia Indonesia RM44.5 bil RM41.9 bil 19% 21% Singapore Singapore RM8.7 bil RM7.7 bil 4% 4% Malaysia Malaysia RM165.7 bil RM143.8 bil 71% 72% 15
Slide 16: CASA Growth
CASA Growth 31 Mar 12 31 Mar 11 31 Dec 11 Divisions / Products Y-o-Y Q-o-Q (RM ’bil) (RM ’bil) (RM ’bil) Malaysia & Singapore * 55.9 47.3 18.6% 53.7 4.3% CIMB Niaga ^ 19.9 20.0 (0.5%) 20.3 (2.0%) CIMB Thai + 2.7 2.7 0.0% 2.5 8.0% Others 0.1 0 n.a. 0.1 0.0% Total 78.6 70.0 12.3% 76.6 2.6% Notes: * Ma
Slide 17: Capital Management – CIMB Bank
Capital Management – CIMB Bank 16.9% 16.8% 15.9% RWCR 15 .0% 15 .0% 14 .7% 14.7% 14.6% Tier 1 15.0% 14 .6% 14 .5% 14.2% 13.9% 13 .8% 13.8% 13.9% Core Tier 1 12 .4% 12.1% 11.7% 11.9% 11.4% 11.4% 11.4% 11.5% RWA (RM’mil) 107,739 101,905 106,377 110,349 105,449 104,381 102,240 110,329 Series break due
Slide 18: Capital Management – All Banking Entities
Capital Management – All Banking Entities CIMB Group Mar-12 Dec-11 Gearing ratio 20.2% 21.8% Double leverage ratio 118.1% 119.1% Mar-12^ Dec-11^ Mar-11^ Tier 1 (B2) (B2) (B2) CIMB Bank 13.9% 14.5% 13.8% CIMB Investment Bank 17.1% 16.3% 21.0% CIMB Islamic 10.3% 10.4% 12.8% CIMB Niaga # 12.3% 10.2% 11
Slide 19: CIMBG: Operating Expenses
CIMBG : Operating Expenses (RM ’mil) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q Personnel 976 823 18.6% 903 8.1% Establishment 423 347 21.9% 395 7.1% Marketing 84 63 33.3% 86 (2.3%) Admin & General 309 312 (1.0%) 338 (8.6%) Total 1,792 1,545 16.0% 1,722 4.1% 19
Slide 20: Malaysia & Singapore Consumer Bank
CIMB GROUP : 1Q12 RESULTS MALAYSIA & SINGAPORE CONSUMER BANK
Slide 21: Consumer Bank – Malaysia and Singapore
Consumer Bank – Malaysia and Singapore (RM ’mil) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q Net interest / financing income 819 783 4.6% 808 1.4% Non interest income 264 223 18.4% 228 15.8% Total income 1,083 1,006 7.7% 1,036 4.5% Overheads (direct + head office (719) (683) 5.3% (668) 7.6% allocation) Provisions 34
Slide 22: Consumer Banking Indicators (1) – Malaysia and Singapore
Consumer Banking Indicators (1) – Malaysia and Singapore Malaysia Dec-10 Dec-11 Total Deposits (RM ‘bil) Market Market +15.1% Y-o-Y Rank Rank Share Share +5.3% Q-o-Q 174.4 Deposits 10.1% 4 11.0% 4 165.7 151.5 Residential 13.9% 2 13.5% 2 76.9 82.7 Mortgages 74.9 Non Residential 12.7% 2 11.2% 2 Mortga
Slide 23: Malaysian Consumer Banking Indicators (2)
Malaysian Consumer Banking Indicators (2) Credit Cards – Loan Base (RM ’bil) Auto – Loan Base (RM ’bil) +4.4% Y-o-Y 10.6 10.6 10.6 -5.6% Q-o-Q 4.6 4.4 4.2 Mar-11 Dec-11 Mar-12 Mar-11 Dec-11 Mar-12 Term Loan and Commercial – Loan Base (RM ‘bil) CIMB Clicks Users (‘000) +24.7% Y-o-Y +11.1% Y-o-Y +5.4%
Slide 24: CIMB Singapore
CIMB Singapore PBT (SGD ’mil) Credit Cards 126,614 118,924 34 183 183 76,251 23 124 22 12,264 10 3 3 3 20 FY10 FY11 1Q11 1Q12 Dec-09 Dec-10 Dec-11 Mar-12 (4) Bank Securities Loan Base (SGD 'mil) Cards Base Total Loans and SME Loans (SGD ’mil) Retail Deposits (SGD ’mil) 4,833 4,429 2,756 2,669 3,173
Slide 25: CIMB Niaga
CIMB GROUP : 1Q12 RESULTS CIMB NIAGA
Slide 26: CIMB Niaga: Earnings Summary
CIMB Niaga: Earnings Summary (IDR ’bil) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q Net Interest Income 2,205 1,876 17.5% 2,174 1.4% Non Interest Income 968 573 69.1% 553 75.1% Operating Income 3,173 2,449 29.6% 2,727 16.3% Overhead Expenses (1,468) (1,255) 16.9% (1,391) 5.5% Pre Provision Operating Profit 1,705 1,1
Slide 27: CIMB Niaga: Balance Sheet Changes
CIMB Niaga : Balance Sheet Changes (IDR ’bil) 31 Mar 12 31 Mar 11 Y-o-Y 31 Dec 11 Q-o-Q Placements & Other MS 24,561 25,783 (4.7%) 23,057 6.5% Government Bonds 7,082 7,162 (1.1%) 6,831 3.7% Loans 126,364 106,631 18.5% 122,425 3.2% Other Assets 14,672 9,474 54.9% 14,488 1.3% Total Assets 172,680 149,
Slide 28: CIMB Niaga: Gross Loans Growth
CIMB Niaga : Gross Loans Growth 31 Mar 12 31 Mar 11 31 Dec 11 Products / Divisions Y-o-Y Q-o-Q (IDR ’bil) (IDR ’bil) (IDR ’bil) Retail Banking (29.5%) 38,410 34,419 11.6% 37,534 2.3% Credit Cards 2,880 2,171 32.7% 2,750 4.7% Auto 15,468 14,584 6.1% 15,125 2.3% Mortgage 18,468 16,161 14.3% 17,834 3.6
Slide 29: CIMB Niaga: Deposits Growth
CIMB Niaga : Deposits Growth 31 Mar 12 31 Mar 11 31 Dec 11 Divisions / Products Y-o-Y Q-o-Q (IDR ’bil) (IDR ’bil) (IDR ’bil) Retail (44.9%) 59,871 58,130 3.0% 59,403 0.8% - Current 4,196 4,028 4.2% 3,869 8.5% - Savings 26,149 21,348 22.5% 24,909 5.0% - Fixed & structured deposits 29,526 32,754 (9.9%
Slide 30: CIMB Niaga: Key Ratios
CIMB Niaga : Key Ratios (Consolidated, %) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q ROE 20.0 19.3 17.7 NIM 5.67 5.51 5.87 Cost to Income 46.3 51.3 51.0 Loan Loss Coverage # 106.9 107.4 104.0 Allowance Coverage * 82.5 82.9 74.8 Loan Loss Charge * 1.3 0.7 0.9 Gross Impaired Loans Ratio * 3.5 3.7 3.7 Gross NPL (BI De
Slide 31: CIMB Niaga: Corporate Updates
CIMB Niaga : Corporate Updates Consumer Market Share Change in Management Indonesia Mar-11 Mar-12 Resignation of Ferdy Sutrisno as Retail Banking & Shariah Director and consolidation of RB under Market Market consumer bank Rank Rank Share Share Resignation of Paul S. Hasjim and appointment of Ri
Slide 32: CIMB Thai
CIMB GROUP : 1Q12 RESULTS CIMB THAI
Slide 33: CIMB Thai: Earnings Summary
CIMB Thai : Earnings Summary (Before GAAP Adjustments) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q (Baht ’mil) Net Interest Income 1,224 1,130 8.3% 1,122 9.0% Non Interest Income 593 460 28.9% 1,682 (64.8%) Operating Income 1,817 1,590 14.3% 2,805 (35.2%) Overhead Expenses (1,324) (1,232) 7.5% (1,530) (13.5%) Pre Pr
Slide 34: CIMB Thai: Balance Sheet Changes
CIMB Thai : Balance Sheet Changes (Before GAAP Adjustments) 31 Mar 12 31 Mar 11 Y-o-Y 31 Dec 11 Q-o-Q (Baht ’mil) Placements & Other MS 14,490 13,453 7.7% 9,900 46.4% Government Bonds (Net) 29,518 14,686 101.0% 27,848 6.0% Loans (Net) 114,730 95,346 20.3% 116,212 (1.3%) Other Assets 13,362 10,944 22
Slide 35: CIMB Thai: Loans Growth
CIMB Thai : Loans Growth 31 Mar 12 31 Mar 11 31 Dec 11 Products / Divisions Y-o-Y Q-o-Q (THB ’bil) (THB ’bil) (THB ’bil) Retail Banking (33.9%) 39.9 35.0 14.1% 38.1 4.7% Auto Loans 9.7 6.8 43.3% 8.7 11.5% Mortgage 25.3 22.3 13.2% 23.9 5.7% Personal / Others 4.9 5.9 (16.2%) 5.5 (10.2%) Commercial Ban
Slide 36: CIMB Thai: Deposits Growth
CIMB Thai : Deposits Growth 31 Mar 12 31 Mar 11 31 Dec 11 Divisions / Products Y-o-Y Q-o-Q (THB ’bil) (THB ’bil) (THB ’bil) Retail Banking (66.8%) 73.1 61.2 19.5% 70.8 3.2% - Current 0.8 0.7 5.6% 0.8 0% - Savings 13.9 16.9 (17.8%) 13.9 0% - Fixed & structured deposits 58.4 43.5 34.2% 56.1 4.1% Comme
Slide 37: CIMB Thai: Key Ratios
CIMB Thai : Key Ratios (Consolidated, %) 1Q12 1Q11 Y-o-Y 4Q11 Y-o-Y ROE 10.3 9.9 15.0 ^ NIM 3.24 3.74 3.01 Cost to Income 72.9 77.5 54.6 Loan Loss Coverage** 71.1 98.4 81.6 Loan Loss Charge 0.5 0.3 2.7 Gross NPL ratio** 3.9 2.7 3.4 Net NPL ratio** 2.3 1.9 - 2.3 Loan to Deposit 88.0 92.2 88.8 CAR* 11
Slide 38: CIMB Thai: Corporate Updates
CIMB Thai : Corporate Updates Consumer Market Share Thailand Mar-11 Mar-12 Market Market Rank Rank Share Share Deposits 1.2% 11 1.4% 9 Mortgages 0.9% 11 0.9% 11 HP 0.4% 17 0.5% 17 SME Loans* 1.3% 7 1.6% 7 Corporate Updates Successfully launched new core banking system (1Platform) on 19 March 2012
Slide 39: Wholesale Banking
CIMB GROUP : 1Q12 RESULTS WHOLESALE BANKING
Slide 40: Wholesale Banking Financials (Regional)
Wholesale Banking Financials (Regional) (RM ’mil) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q Net interest / financing income 654 607 7.7% 672 (2.7%) Fee income 195 216 (9.6%) 178 9.5% Net trading income 289 94 207.7% 164 76.1% Brokerage income 91 95 (3.6%) 78 17.3% Others 46 41 14.4% 30 49.9% Total income 1,275 1,0
Slide 41: Wholesale Banking – Investment Banking (Regional)
Wholesale Banking – Investment Banking (Regional) (RM ’mil) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q Net interest / financing income 11 8 26.7% 8 25.5% Fee income 86 114 (24.4%) 99 (13.0%) Net trading income 14 5 178.0% 12 23.6% Brokerage income 91 95 (3.6%) 78 17.3% Others 5 4 21.7% 3 60.0% Total income 207 226
Slide 42: Wholesale Banking – Corporate Banking (Regional)
Wholesale Banking – Corporate Banking (Regional) (RM ’mil) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q Net interest / financing income 379 359 5.9% 360 5.6% Fee income 103 120 (14.1%) 82 26.1% Net trading income 4 - n.a. 2 57.0% Others 22 10 110.5% 8 146.5% Total income 508 489 3.9% 452 12.3% Overheads (direct + hea
Slide 43: Wholesale Banking – Markets (Regional)
Wholesale Banking – Markets (Regional) (RM ’mil) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q Net interest / financing income 263 240 9.4% 303 (13.3%) Fee income 6 (18) n.a. (2) n.a. Net trading income 272 89 204.6% 151 80.4% Others 19 27 24.9% 18 3.1% Total income 560 338 66.0% 470 19.1% Overheads (direct + head off
Slide 44: IB Market Share and Ranking (1)
IB Market Share and Ranking (1) Malaysia 3M11 3M12 Indonesia 3M11 3M12 Market Market Market Market Rank Rank Rank Rank Share Share Share Share Stock Broking 10.1% 1 12.1% 1 Stock Broking 4.4% 5 5.5% 3 IPO - - - - IPO - - - - ECM 51.8% 1 17.1% 3 ECM 3.5% 9 - - M&A 14.3% 5 6.7% 7 M&A - - - - Syndicati
Slide 45: IB Market Share and Ranking (2)
IB Market Share and Ranking (2) 3M11 3M12 3M11 3M12 ASEAN Global Market Market Market Market Rank Rank Rank Rank Share Share Share Share IPO 0.1% 14 12.1% 5 Sukuk 19.3% 2 3.4% 7 ECM 5.2% 5 7.3% 3 M&A 3.6% 19 2.5% 12 Syndication 1.4% 18 1.3% 19 Bonds - Domestic * 13.5% 2 7.8% 4 3M11 3M12 Hong Kong Ma
Slide 46: Notable Deals
Notable Deals DCM DCM Genting Singapore Plc SGD1.8 bil Perpetual Subordinated Capital Securities Largest hybrid bond issue and largest Khazanah Nasional Berhad single tranche SGD issued in Singapore to- USD358 mil Exchangeable Trust date Certificates First foreign issue to have Malaysia’s SC’s appro
Slide 47: Group Asset Management
Group Asset Management AUM (RM’mil) Wholesale AUM as at 31 Mar 12 +9.0% CIMB Mapletree RM480 mil 35,126 32,235 3,271 3,271 CapAsia 3,268 RM1,231 mil 3,268 TCA 31,855 RM674 mil 28,967 31,855 28,967 11 1Q 11 1Q 1212 Private Equity Wholesale CIMB Principal RM886 mil Wholesale CIMB P 47
Slide 48: Wholesale Banking – Corporate Banking Gross Loans
Wholesale Banking – Corporate Banking Gross Loans 31 Mar 12 31 Mar 11 31 Dec 11 Divisions / Products Y-o-Y Q-o-Q (RM ’bil) (RM ’bil) (RM ’bil) Malaysia 36.8 34.5 6.6% 37.8 (3.0%) Indonesia 14.4 12.5 14.8% 14.5 (0.7%) Singapore 6.2 4.5 38.7% 5.5 13.5% Thailand 4.6 4.0 15.8% 5.2 (10.1%) Total 62.0 55.
Slide 49: Investments
CIMB GROUP : 1Q12 RESULTS INVESTMENTS
Slide 50: Investments (Regional)
Investments (Regional) (RM ’mil) 1Q12 1Q11 Y-o-Y 4Q11 Q-o-Q Net interest / financing income 115 81 43.0% 103 10.6% Fee income 12 11 8.6% 15 (22.0%) Net trading income 126 18 582.4% 97 30.7% Others (2) 6 n.a. 355 n.a. Total income 251 116 117.4% 570 56.0% Overheads (direct + head office (106) (21) 41
Slide 51: Strategic Investments
Strategic Investments 1Q12 PAT to CIMB Group +12.9% Y-o-Y or +22.5% Q-o-Q to RM24.5 mil Focusing on maintaining market share amidst slowing economy and increasing competition. Undertaking transformation projects - IT Risk Management Framework, Internal Credit 19.99% Rating, Funds Transfer Pric
Slide 52: Other Highlights
CIMB GROUP : 1Q12 RESULTS OTHER HIGHLIGHTS
Slide 53: CIMB Islamic
CIMB Islamic Ranking of Total Islamic Assets as at 30 Dec 2011 3M11 3M12 Market share and ranking Market Market Total Assets Market Rank Rank Share Share Rank Company Share RM ’mil Sukuk 1 MIBB 69,902 21% - Malaysia 31.8% 1 16.3% 2 2 CIMB Islamic 43,098 13% - Global 19.3% 2 3.4% 7 3 Bank Islam 38,24
Slide 54: Key 2012 Priorities Round-Up (1)
Key 2012 Priorities Round-Up (1) Priorities Updates Nazir Razak approved as President Commissioner CIMB Niaga Leadership change for RB, GIOD, HR and CBTM New head on board, Renzo Christopher Viegas Malaysian Consumer Bank New head of Cards & Personal Financing, Aaron Loo New LGD framework
Slide 55: Key 2012 Priorities Round-Up (2)
Key 2012 Priorities Round-Up (2) Priorities Updates Commenced re-engineering of branch cross-selling processes in Mar 2012 Process Re-engineering Commenced various other re-engineering projects Risk Management Enhancing Risk Adjusted Return on Capital (RAROC) framework Thailand’s 1Platform w
Slide 56: Targets for 2012
Targets for 2012 Y-o-Y Actual 2012 Targets On Track ROE 15.6% * 16.4% r TSR 0.2% < FBM KLCI > FBM KLCI r Dividend - 40% - 60% r Group loans growth 11% 16% r Group deposits growth 14% 16% r Loan loss charge 0.30% * 0.31% Core Capital Ratio (at CIMB Bank) (Basel II) 13.9% ** >10% RWCR (at CIMB Ban
Slide 57: Closing Remarks
CIMB GROUP : 1Q12 RESULTS CLOSING REMARKS
Slide 58: Final Remarks
Final Remarks Outlook mixed but optimistic about targets Slower consumer lending growth in Malaysia and Indonesia Strong ECM pipeline Good corporate lending / bonds issuances pipeline Deterioration of Eurozone economies and potential knock-on effects Maintaining strong liquidity position
Slide 59: Thank You
THANK YOU 59
Slide 60: Appendices
CIMB GROUP : 1Q12 RESULTS APPENDICES
Slide 61: Consolidated Balance Sheet Changes
Consolidated Balance Sheet Changes (RM ‘mil) 31 Mar 12 31 Mar 11 Y-o-Y 31 Dec 11 * Q-o-Q Cash & short term funds 30,968 24,660 26% 34,669 (11%) Securities purchased under resale agreements 4,443 2,634 69% 4,230 5% Deposits & placements with financial institutions 7,279 10,522 (31%) 4,174 74% Financi
Slide 62: Asset Quality Ratios – CIMBG
Asset Quality Ratios – CIMBG Series break due to adoption 90.8% of FRS 139 85.6% 86.8% 86.7% 82.9% 82.0% 82.3% 80.8% 80.0% 80.0% 81.1% 81.3% 79.1% 80.0% 80.6% 80.5% 81.1% 80.6% 80.4% 81.1% 79.3% 79.5% 80.7% 78.4% 7.6% 7.5% 7.2% 6.6% 6.1% 5.9% 5.6% 5.6% 5.5% 5.7% 5.7% 5.7% 5.5% 5.5% 5.0% 5.1% 4.7% 4.
CIMB Group Holdings Berhad — Q1 2012 Earnings Presentation on 6ix