Pt Bank Maybank Indonesia Tbk Class A · IDX:BNII
Pt Bank Maybank Indonesia Tbk Class A — Q1 2024 Earnings Presentation
40 slides from Pt Bank Maybank Indonesia Tbk Class A's earnings presentation, Mar 31, 2024
Slide 1: Maybank Indonesia Financial Results 1Q 2024
Maybank Indonesia Financial Results 1Q 2024 ended 31 March 2024 Humanising Financial Services
Slide 2: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 23 Appendix Sustainability 26 Maybank Indonesia in Brief 32 Awards and Events Highlights 37
Slide 3: 1Q 2024: Loans grow by 14.0% while maintaining liquidity
1Q 2024: Loans grow by 14.0% while maintaining liquidity Loans grew across all segments of Continued to optimise low cost corporate, retail and non-retail loans funding 1Q 2024 vs 1Q 2023 1Q 2024 vs 1Q 2023 Total NPL LAR Low Cost Fund Total LDR Ratio Loans Ratio Ratio (CASA) Deposits (Bank only) 1
Slide 4: 1Q 2024: Pre-provisioning Operating Profit booked at Rp609 billion
1Q 2024: Pre-provisioning Operating Profit booked at Rp609 billion Revenue was impacted by high provisioning as a result of being proactive for specific corporate accounts 1Q 2024 vs 1Q 2023 Profit/(loss) Net Interest Fee Income Overhead Cost Pre-provision Provisions Before Tax Margin (NIM) Operatin
Slide 5: 1Q 2024: Capital remains strong
1Q 2024: Capital remains strong Strong capital position 1Q 2024 vs 1Q 2023 Total Total Total CAR Asset RWA Capital 10.0% 16.7% 2.8% 3.46% Rp177.7 trillion Rp115.6 trillion Rp29.7 trillion 25.65% • Total Assets increased by 10.0% YoY to Rp177.7 trillion. • Total Capital stood at Rp29.7 trilli
Slide 6: 1Q 2024: UUS continued to record growth in assets
1Q 2024: UUS continued to record growth in assets Shariah Business Unit (UUS) Financing grew by 22.8% 1Q 2024 vs 1Q 2023 UUS Income after UUS UUS UUS NPF Revenue Sharing Assets Financing CASA Ratio Distribution 4.1% 28.8% 10.8% 0.26% 13.4% Rp41.2 trillion Rp31.9 trillion Rp17.0 trillion 2.
Slide 7: 1Q 2024: 2-wheeled and 4-wheeled segments progress despite decrease in automotive industry sales
1Q 2024: 2-wheeled and 4-wheeled segments progress despite decrease in automotive industry sales Maybank Finance WOM Finance 1Q 2024 vs 1Q 2023 1Q 2024 vs 1Q 2023 MIF PBT MIF WOM PBT WOM Financing Financing 0.0% 11.8% 3.1% 13.7% Rp135 billion Rp7.4 trillion Rp83 billion Rp6.2 trillion • Mayb
Slide 8: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 23 Appendix Sustainability 26 Maybank Indonesia in Brief 32 Awards and Events Highlights 37
Slide 9: Income Statement - Consolidated
Income Statement - Consolidated Rp billion 1Q 2024 1Q 2023 YoY 4Q 2023 QoQ Interest Income 3,140 2,837 10.7% 3,126 0.5% Interest Expense (1,387) (1,030) 34.7% (1,300) 6.7% Net Interest Income 1,753 1,807 -3.0% 1,825 -4.0% GM-related fees (51) 101 -150.4% 43 -219.7% Non GM-related fees 421 472 -10.9%
Slide 10: Loans
Loans Total loans grew 14.0% contributed by all segments from corporate, retail, and non-retail LDR & Total Loans Rp trillion Loans Portfolio Breakdown Rp trillion Mar-24 Dec-23 Mar-23 YoY QoQ Global Banking 46.4 41.7 39.3 18.2% 11.3% CFS 75.9 74.3 67.9 11.7% 2.1% CFS Non-Retail 31.9 30.8 27.8 14.6%
Slide 11: Asset Quality
Asset Quality Gross NPL and gross impaired loans (GIL) ratio improve supported by increase in loan balances Impaired Loans Impaired Loans - Gross (consolidated) Impaired Loans - Net NPL - Gross NPL (consolidated) NPL- Net Special Mention Loans Special Mention (consolidated) 11
Slide 12: Customer Deposits
Customer Deposits Funding profile maintained as CASA grew 8.3% with CASA ratio at 49.65% Customer Deposits by Business Segment Customer Deposits Breakdown Rp trillion Mar-24 Dec-23 Mar-23 YoY QoQ Current Account 34.5 35.8 32.5 5.9% -3.6% Saving Account 23.7 23.2 21.2 11.9% 2.1% CASA 58.2 59.0 53.8 8
Slide 13: Fee Income
Fee Income Rp billion 35.5% 2.6% 216.6% 40.0% 13.9% Breakdown of Other Fee Income Mar-24 Mar-23 YoY Retail administration 41 45 -8.3% Loan administration 28 30 -4.6% Advisory fees 13 12 1.1% Collection of receivables previously written-off (Recovery) 90 149 -39.3% Credit card administratio
Slide 14: Operating Expenses (Opex)
Operating Expenses (Opex) Rp billion 4.2% 8.0% 0.3% Breakdown of G&A Mar-24 Mar-23 YoY General 165 146 12.7% Outsourcing services 133 139 -4.4% Rental 39 29 34.5% Depreciation and amortization 122 126 -3.7% Repairs and maintenance fixed assets 88 87 0.8% Others (include promotions and professi
Slide 15: Strong Capital Position
Strong Capital Position Capital Ratios Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 YoY QoQ Tier I 28.00% 27.54% 27.10% 26.57% 24.50% -3.51% -2.07% Tier II 1.11% 1.06% 1.07% 1.17% 1.15% 0.04% -0.02% Total CAR 29.11% 28.60% 28.17% 27.74% 25.65% -3.46% -2.09% 15
Slide 16: Balance Sheet - Consolidated
Balance Sheet - Consolidated Rp billion Mar-24 Dec-23 Mar-23 YoY QoQ Loans 122,281 116,002 107,218 14.0% 5.4% Other Earning Assets 37,901 38,906 37,722 0.5% -2.6% Other Assets 17,471 16,895 16,604 5.2% 3.4% Total Assets 177,653 171,803 161,543 10.0% 3.4% Deposits from Customer 117,219 115,503 103,61
Slide 17: Financial Ratios
Financial Ratios Mar-24 Dec-23 Mar-23 YoY Mar-24 Dec-23 Mar-23 YoY Consolidated Bank Only a b c (a-c) a b c (a-c) Profitability Profitability Return On Assets -0.60% 1.41% 1.86% -2.46% Return On Assets -0.63% 1.09% 2.01% -2.64% Return On Equity (Tier 1) -3.22% 6.20% 8.15% -11.37% Return On Equity (T
Slide 18: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 23 Appendix Sustainability 26 Maybank Indonesia in Brief 32 Awards and Events Highlights 37
Slide 19: Shariah Business Unit
Shariah Business Unit Financing Total Asset Deposits Rp billion 4.1% Rp billion 11.9% Rp billion 28.8% +13.0% +10.8% TD CASA • The Shariah Business Unit’s Total Income after Revenue Sharing Distribution was booked lowered at Rp320 billion owing to high cost of funds. • The Shariah Business Uni
Slide 20: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 23 Appendix Sustainability 26 Maybank Indonesia in Brief 32 Awards and Events Highlights 37
Slide 21: Key Highlight of Digital Initiatives 1Q 24
Key Highlight of Digital Initiatives 1Q 24 M2U transaction growth trend are maintained and more features have been launched M2U QR Pay M2E • 15% YoY growth in M2U • More than 32K saving • QR Pay & QR Cardless • Total transaction volume transactions volume accounts have been Withdrawal transactions a
Slide 22: New Features Launched in 1Q 24
New Features Launched in 1Q 24 Maybank continue to introduce new features in M2U in the first quarter of 2024, with the launch of several Digital Credit Card features in M2U, such as: • Credit card application for existing customers • TREATS loyalty points management and redemption • XCash applicati
Slide 23: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 23 Appendix Sustainability 26 Maybank Indonesia in Brief 32 Awards and Events Highlights 37
Slide 24: Maybank Finance
Maybank Finance Revenue and Profit Before Tax Asset Quality Rp billion 7.3% 0.0% Financing Unit Financing (unit) Rp billion 11.8% 24
Slide 25: WOM Finance
WOM Finance Revenue and Profit Before Tax Asset Quality Rp billion 13.7% 3.1% Financing Unit Financing (‘000 unit) Rp billion 13.7% 25
Slide 26: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 23 Appendix Sustainability 26 Maybank Indonesia in Brief 32 Awards and Events Highlights 37
Slide 27: Sustainable Finance Portfolio
Sustainable Finance Portfolio Sustainable Finance Portfolio reached Rp21.9 trillion as of Mar-24 Contributing 20.1% to the Bank’s individual loan portfolio Efficiency energy Management of Living Products that Can Reduce Natural Resources and Use of Resources and Sustainable Use of Land Produce Less
Slide 28: Supporting Maybank Group Sustainability Commitment
Supporting Maybank Group Sustainability Commitment Commitment 1: Commitment 2: Mobilising Improve the Lives of 2 RM80 Billion Million Households in Sustainable Finance* Across ASEAN by 2025 by 2025 Commitment 3: Commitment 4: Carbon Neutral Living Sustainability position for Scope 1 and 2 Achieve 1
Slide 29: Sustainability-related Events
Sustainability-related Events Events Highlights Berbagi Takjil (Sharing Food Upon Iftar) Events In a heartwarming display of community spirit, Maybank Indonesia's Operations Directory orchestrated a special event called "Sharing Takjil." Amidst the holy month of Ramadan, they extended their hands of
Slide 30: Sustainability-related Events
Sustainability-related Events Events Highlights Shariah Ramadan Charity for Orphaned Children Maybank Indonesia's Shariah Business Unit once again extended aid in the form of grants to orphans and underprivileged individuals throughout Indonesia during this holy month of Ramadan. The assistance prov
Slide 31: Sustainability-related Events
Sustainability-related Events Events Highlights Maybank Indonesia’s Financial Day 2024 Maybank Indonesia's Financial Day took place on March 7, 2024, with a primary focus on empowering Maybankers with financial literacy and management skills. The event aimed to educate employees on effectively regul
Slide 32: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 23 Appendix Sustainability 26 Maybank Indonesia in Brief 32 Awards and Events Highlights 37
Slide 33: Profile
Profile Profile* Established : 15 May 1959 Total Assets : Rp177.7 trillion Total Equity : Rp30.5 trillion Market Capitalisation : Rp19.7 trillion Rank #14 in terms of Assets Position in Indonesia** : Rank #13 in terms of Loans Rank #13 in terms of Deposits 327 (Maybank Indonesia) # of Branches : 558
Slide 34: Company Ratings & Shareholdings
Company Ratings & Shareholdings Company Ratings Shareholding Structure As of March 2024 As of December 2023 Malayan Banking Berhad National Long-Term Rating AAA(idn); Stable Outlook National Short-Term Rating F1+(idn) Sorak Financial Maybank Offshore Corporate Vital Solution Public Holdings Pte. Ltd
Slide 35: Board of Commissioners
Board of Commissioners Dato’ Khairussaleh Ramli Edwin Gerungan Datuk Lim Hong Tat Dato’ Zulkiflee Abbas President Commissioner Commissioner Commissioner Abdul Hamid Commissioner Achjar Iljas Hendar Putut Eko Bayuseno Marina R. Tusin* Independent Commissioner Independent Commissioner Independent Comm
Slide 36: Directors
Directors Steffano Ridwan* Irvandi Ferizal Effendi Widya Permana President Director Director Director Director Ricky Antariksa Bambang Andri Irawan Yessika Effendi* Shaiful Adhli Bin Yazid* Romy Hardiansyah* Director Director Director Director Director * Effective after obtaining approval from OJK 3
Slide 37: Table of Contents
Table of Contents Executive Summary 2 Results Overview 8 Shariah Business Unit 18 Digital Banking 20 Subsidiaries 23 Appendix Sustainability 26 Maybank Indonesia in Brief 32 Awards and Events Highlights 37
Slide 38: Awards & Events in 1Q 2024
Awards & Events in 1Q 2024 Maybank Indonesia Organises Sales & Service Summit Award Maybank Indonesia organised the Sales & Service Summit Award 2024 under the theme "Employees Are The Greatest Assets." The Sales & Service Summit Award 2024 aims to encourage employees to undergo a total transformati
Slide 39: Thank You
Thank You Humanising Financial Services
Slide 40: PT Bank Maybank Indonesia Tbk Investor Relations
PT Bank Maybank Indonesia Tbk Investor Relations Sentral Senayan III Jl. Asia Afrika No. 8, Gelora Bung Karno Jakarta 10270, Indonesia Tel : (62-21) 2922 8888 Fax : (62-21) 2922 8799 Email : InvestorRelations@maybank.co.id www.maybank.co.id Disclaimer : Please note that some of the statements in thi
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