Allied Bank Limited · PSX:ABL
Allied Bank — FY2021 Earnings Presentation
22 slides from Allied Bank's earnings presentation, Dec 31, 2021
Slide 1: Annual Financial Presentation – 2021
LLIED BANK LIMITED Annual Financial Presentation – 2021
Slide 2: Contents
Contents ABL at a Glance & Economic Highlights Investments Deposits Stock Market Data Annexures 3-4 5-7 8 9 10 11 12 13-14 15-19 Major Highlights Advances & Key Ratios & Awards & Balance Sheet Asset Quality Channels CGR Income Statement
Slide 3: ABL at Glance
ABL at Glance ATMs:1,558 Entity Credit Rating On-site: 1,269 Off-site: 284 Overseas Long Term: AAA MBU: 5 Short Term: A1+ Corporate Branches: 2 Governance Bahrain WBU Rating Export Processing Subsidiary Rep Offices: CGR 9++ Zone Asset Management 2 Domestic Co. Ltd. UAE-Dubai Holding 100% Digital Chi
Slide 4: Economic Highlights
Economic Highlights Workers Remmittances- US$ Million 3,000 2,500 2,000 1,500 1,000 500 - Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 2021-22 2020-21 8,000 Export & Import- US$ Million Trade Deficit & Current Account - US$ Million - - 7,000 (5 00) 6,000
Slide 5: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) (Rs. in Billion) 2,500 234 300 157 200 2,000 • Total Assets reached at Rs. 17 100 11 2,010 billion (Increase of 26%). 1,500 0 11% 28% 32% 11% -100 1,000 2,010 -200 • Investment portfolio optimized 1,590 by increasing the mix of -300 500 Government Securities to
Slide 6: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) (Rs. in Billion) 2,000 226 300 1,800 196 • Total Liabilities stood at Rs. 200 1,600 1,883 billion (Increased by 1,400 100 2 29%) 1,200 0 1,000 116% 16% 4% 800 1,883 -100 1,459 • CASA Dec’21 Stood at: 84% 600 -200 • Deposits aggregated to reach 400 200 -300
Slide 7: Highlights Income Statement
Highlights Income Statement (Rs. in Million) • Net interest income (NII) stood at Rs. 45,587 million during period under review, 25,000 down by 6%. 3,396 3,342 20,000 • Fee & Commission, Dividend Income and -2,834 -1,655 -409 Capital Gains increased by 25%, 30% and 15,000 27% respectively. 27% 11% -
Slide 8: Investments
Investments (Rs. in Million) Investments Dec' 21 Dec'20 Var. Growth Pakistan Investment Bonds 553,428 407,300 146,128 36% Market Treasury Bills 455,866 360,865 95,001 26% Listed and Unlisted Shares 17,636 20,604 (2,968) -14% TFCs, Bonds, Sukuks and Mutual Funds 45,916 35,284 10,631 30% Subsidiary 50
Slide 9: Advances & Asset Quality
Advances & Asset Quality (Rs. in Billion) • Gross advances stood at RS.666 billion (30%↑) (Industry Increase; 19%↑) • Gross ADR ratio reached 47.1% (Industry Dec’21 Gross ADR: 48.4%) • NPLs at 13.6 billion (4.0%↓) • NPL Ratio 2.0% (0.73% ↓); Industry Sep’21: 8.8% • Specific NPL Coverage 93.7% (2.5%↓
Slide 10: Deposits
Deposits (Rs. in Billion) Particulars Dec' 21 Dec' 20 Var (% ) Market Share: 6.7% Current 607 491 24% Industry Growth: 17.3% Saving 582 570 2% Term 224 155 44% Total Deposits 1,413 1,217 16% CASA Mix: 84% 1,600 1,413 1,400 1,217 1,200 1,049 985 1,189 1,000 883 805 1,062 800 735 668 868 608 809 600 5
Slide 11: Key Ratios & Channels
Key Ratios & Channels Key Ratios Particulars Dec'21 Dec'20 Variance Return on Assets (%) 1.0% 1.2% -0.2% Return on Equity (Tier I) (%) 16.5% 18.8% -2.3% Capital Adequacy Ratio (%) 22.3% 25.2% -2.9% Channels Dec' 21 Dec' 20 Growth Total Branches 1,429 1,402 27 Conventional 1,312 1,285 27 Islamic 117
Slide 12: Stock Market Data
Stock Market Data Allied Bank Limited (ABL) Stock Price vs Market - Trend 600000% 40.0% Pakistan Stock Exchange Code: ABL 30.0% 500000% Bloomberg Code: ABL PA 400000% 20.0% 10.0% 300000% Shares Outstanding (mln): 1,145.07 200000% 0.0% -10.0% Market Capitalization (Rs. bln): 94.205 100000% -20.0% 0%
Slide 13: Awards and Accolades
Awards and Accolades 13/22 1 2 3 4 5 6 7 8 9 PSHRM- Global Best Bank of the Asia Money- Corporate Best place to Best Diversity & Momentum Best in Corporate Year 2021 Best Bank Excellenc work ”Winner” Structured Inclusion Award – Class & (Pakistan) - for CSR e Award - in Financial Finance Deal- Bench
Slide 14: Corporate Governance & Ratings
Corporate Governance & Ratings Entity Rating CGR PACRA Deposits VIS Credit Rating • AAA (Long Term) Company • A1+ (Short Term) • CGR-9++ (Corporate • A very low expectation of Governance Rating) Moody’s credit risk emanating from a • Very high level of corporate very strong capacity for governance;
Slide 15: Annexures
Annexures Pakistan Annexure A Digital Statement of AwardsFinancial 2020Position - Standalone Basis 1. Best Mobile Banking Annexure B App Statement of AwardsFinancial Position - Consolidated 2. Best Digital Annexure C Innovation Income Statement Award - Standalone Basis 3. Best App and Annexure D Ena
Slide 16: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Dec'21 Dec'20 Variance Dec'21 Dec'20 Variance Cash and Balances with Banks 125,310 135,628 (10,318) 710 768 (58) -8% Lending to FIs 45,453 17,996 27,457 258 102 156 153% Investments - net 1,064,495 829,621 234,8
Slide 17: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Dec' 21 Dec'20 Variance Dec' 21 Dec'20 Variance Cash and Balances with Banks 125,304 135,625 (10,321) 710 768 (58) -8% Lending to FIs 45,453 17,996 27,457 258 102 156 153% Investments - net 1,066,390 831,704 2
Slide 18: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Dec' 21 Dec'20 Variance Dec' 21 Dec'20 Variance Mark-up and Interest Income 118,649 110,547 8,102 672 626 46 7% Mark-up and Interest Expensed 73,062 62,126 10,936 414 352 62 18% Net Mark-up and interest Income 45,587 48,4
Slide 19: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Dec' 21 Dec'20 Variance Dec' 21 Dec'20 Variance Mark-up and Interest Income 118,654 110,549 8,105 672 626 47 7% Mark-up and Interest Expensed 73,092 62,153 10,939 414 352 62 18% Net Mark-up and interest Income 45,562 48
Slide 20: Disclaimer
Disclaimer The information being presented herein is solely for your information. Except for the historical information, statements that describe the Bank’s objectives, plans or goals discussed in Investor Conference Call are forward‐looking statements. These forward looking statements involve a num
Slide 21: Contact Us
Contact Us Sikandar Ali Khan +92-42-35880043 Investor.Relations@abl.com Unit Head Strategic Ext: 32637 Planning 21/22
Slide 22: THANK YOU
THANK YOU 22