United Overseas Bank Limited · SGX:U11
United Overseas Bank — FY2013 Earnings Presentation
8 slides from United Overseas Bank's earnings presentation, Feb 14, 2014
Slide 1: UOB Group Full Year 2013
UOB Group Full Year 2013 Record Year of Earnings, Fees and Regional Profits Wee Ee Cheong Deputy Chairman & Chief Executive Officer 14 February 2014 Disclaimer: This material that follows is a presentation of general background information about the Bank’s activities current at the date of the prese
Slide 2: Record Earnings in 2013
Record Earnings in 2013 Profit: Crossed S$3 billion mark, backed by 2 quarters of record earnings. Driven by robust loans growth and fee income Record profits from region > S$1 billion for 2nd consecutive year Net interest income at new high, >S$4 billion • Loans: Strong 16.8% growth • NIM: St
Slide 3: Focused on Preserving Balance Sheet Strength
Focused on Preserving Balance Sheet Strength Building customer franchise Strengthening our Balance Sheet • Disciplined approach to credit Others Others growth in target segments within 11% Investments 6% 4% key markets Investments Government 9% 6% Government Interbank Maintaining stable funding
Slide 4: Milestone in Regionalisation
Milestone in Regionalisation Full Rollout of Successful completion of core Integrated Regional Platform banking refresh at end-2013 Integrated regional platform to bring: • Improved productivity and operational efficiency • Quicker speed to market China • Enhanced risk management • Consistent
Slide 5: Capitalising on Rising Intra-regional Flows
Capitalising on Rising Intra-regional Flows Robust growth in customers and Growing Number of Intra-Regional Deals cross-border loans over last 3 years FY10 129% 51% Strengthened in-market teams and FY13 capabilities to serve customers’ regionalisation needs Loans (S$) Customers (number) Extend
Slide 6: Transaction Banking Making Good Progress
Transaction Banking Making Good Progress Trade Loans Deposits Offer end-to-end solutions ranging from cash, trade and supply chain financing CAGR 35% 41% CAGR 18% across our network 30% 33% 26% 48% 23% Strong increase in trade 63% 45% 49% loans, spurred by intra- 77% 74% 67% 70% 55% 51% 52% 59%
Slide 7: Capturing Rising Asian Consumer Affluence
Capturing Rising Asian Consumer Affluence From FY2010 to date, Growing Regional Wealth Management Profit Contribution • Grew wealth management AUM from $48bn to $75bn CAGR 23% 30% • Expanded customer base 27% from 100,000 to 175,000 26% 20% • Increased regional wealth management footprint from 29
Slide 8: Looking Ahead
Looking Ahead Operating environment likely to be more moderate; QE tapering signals recovering US economy which is positive for Asia Near-term impact of capital outflows and recent volatilities in emerging markets should be manageable Underlying economy and business flows in Asia remain resili