Bank Of China Limited Class A · SSE:601988
Bank Of China Limited Class A — Bank Of China Ltd Ord — H1 2023 Earnings Presentation
18 slides from Bank Of China Limited Class A's earnings presentation, Aug 30, 2023
Slide 1: 2023 Interim Results Release
2023 Interim Results Release 2023.08.30
Slide 2: Forward-looking statements disclaimer
This presentation and subsequent discussions may contain forward- looking statements that involve risks and uncertainties. These statements generally use the words “believe”, “expect”, “anticipate”, “estimate”, “plan”, “forecast”, “target”, “may”, “will” and other forward- looking terms. You should
Slide 3: I Interim Operating Results
I Interim Operating Results II Progress in Key Business III Outlook for 2H 2023 3
Slide 4: Delivered robust financial results
Delivered robust financial results Operating income Net interest income Net fee & commission income RMB million RMB million RMB million 1H2023 319,707 1H2023 233,992 1H2023 46,376 +8.92% +4.75% +4.34% 1H2022 293,522 1H2022 223,380 1H2022 44,446 Profit attributable to PPOP Profit after tax shareholde
Slide 5: Maintained reasonable profitability
Maintained reasonable profitability NIM Non-interest income to Cost-to-income ratio operating income 1.67% 26.81% 25.77% 1.76 1.67 26.81 26.34 23.90 25.77 % % % 1H2022 1H2023 1H2022 1H2023 1H2022 1H2023 l Interest rate of domestic RMB loans l Proportion of non-interest income l Cost-to-income ratio
Slide 6: Optimised assets & liabilities continuously
Optimised assets & liabilities continuously Assets Loans Increment reached a record high RMB billion RMB billion l Domestic RMB loans increased by 1H2023 31,085.2 1H2023 19,264.7 RMB1.46 trillion, up 10.26% +7.59% +9.75% l Domestic RMB customer deposits increased by RMB1.80 trillion, up 2022 28,893.
Slide 7: Enhanced risk resistance capacity
Enhanced risk resistance capacity Key risk indicators NPL ratio Difference of overdue loans and NPLs Asset quality in key sectors 1.28% RMB -59.5billion Change compared Loan balance NPL ratio with the end of 2022 Overdue loan ratio Ratio of allowance for loan impairment losses to NPLs (Unit: RMB mil
Slide 8: II Progress in Key Business
I Interim Operating Results II Progress in Key Business III Outlook for 2H 2023 8
Slide 9: Improved the quality and efficiency to serve the real economy
Improved the quality and efficiency to serve the real economy Supported acceleration of modern Supported key areas and weak links of industry system development the economy 26.27% 16.42% Loans to Loans to private Medium and long- inclusive SMEs enterprises Loans to strategic 45.46 22.56% term loans
Slide 10: Corporate banking business consolidated sound foundations
Corporate banking business consolidated sound foundations Increment of corporate deposits hit a new Propelling the transformation and high for the past ten years upgrading of corporate banking 1H2023 8,460.9 Financial institution business Transaction banking l Maintained correspondent bank relations
Slide 11: Personal banking business achieved continuous improvements
Personal banking business achieved continuous improvements Personal banking Private banking Outlets established Debit cards in Chinese mainland total customers total customers 660 million up 2.01% nearly 516 million 172.9 thousand up 8.29% 8,235 wealth centers management Credit cards mid and high-en
Slide 12: Financial market business traditional strength realised new advances
Financial market business traditional strength realised new advances Investment banking Asset Trading business l Provided all-round, specialised, management Securities customised “onshore + offshore” and “financing + intelligence” investment integrated service plans l Accelerated the construnction o
Slide 13: Globalised and comprehensive operations presented new highlights
Globalised and comprehensive operations presented new highlights Overseas commercial banks Comprehensive operation increased contribution to the companies realised high- Group quality development l Contribution to profit before income tax of overseas commercial banks rose by 4.45 pps l Improved the
Slide 14: Digital transformation and empowerment made new breakthroughs
Digital transformation and empowerment made new breakthroughs Took the OASIS project to a new stage Made new achievements in digitalisation of key areas Completed the nationwide promotion of new-generation debit card and credit card Incorporated intelligent recommendations, dynamic themes into mobil
Slide 15: Comprehensive risk management capability achieved new improvements
Comprehensive risk management capability achieved new improvements Continued to deepen the building of comprehensive risk management system Promoted review of “market-by-market” Strengthened penetrated risk Applied three tools management of comprehensive strategies for overseas institutions operatio
Slide 16: III Outlook for 2H 2023
I Interim Operating Results II Progress in Key Business III Outlook for 2H 2023 16
Slide 17: Outlook
Outlook Focus on serving the real economy and fulfill responsibilities as a major SOE bank Solidify business development foundations and enhance market competitiveness Consolidate featured business advantages and foster development synergies across the Group Promote digital transformation and reform
Slide 18: Thanks!
Thanks！ 18
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