United Overseas Bank Limited · SGX:U11
United Overseas Bank — SIAS Corporate Connect Webinar (April 2021)
22 slides from United Overseas Bank's conference presentation, April 2021
Slide 1: SIAS Corporate Connect Webinar: UOB Group: Emerging stronger from crisis
SIAS Corporate Connect Webinar UOB Group: Emerging stronger from crisis April 2021 Disclaimer: This material that follows is a presentation of general background information about UOB’s activities current at the date of the presentation. It is information given in summary form and does not purport t
Slide 2: Agenda
1. Overview of UOB Group Agenda 2. Our Growth Drivers 3. Latest Financials 2
Slide 3: Overview of UOB Group
Overview of UOB Group 3
Slide 4: UOB Overview
UOB Overview Founding Key Statistics for FY20 Founded in August 1935 by a group of Chinese ■ Gross loans : SGD281b (USD213b1) businessmen and Datuk Wee Kheng Chiang, ■ Customer deposits : SGD325b (USD246b1) grandfather of the present UOB Group CEO, Mr. ■ Loan / Deposit ratio : 85.4% Wee Ee Cheong ■
Slide 5: A leading Singapore bank; Established franchise in core market segments
A leading Singapore bank; Established franchise in core market segments Group Retail Group Wholesale Banking Global Markets Best Retail Bank in Singapore Best SME Bank in Singapore Strong player in Singapore Strong player in credit cards and Seamless access to regional dollar treasury inst
Slide 6: Proven track record of execution
Proven track record of execution UOB Group’s management has a proven track record in steering the Group through various global events and crises. Stability of management team ensures consistent execution of strategies Disciplined management style which underpins the Group’s overall resilience
Slide 7: Southeast Asia's immense long-term potential
Southeast Asia’s immense long-term potential Population GDP1 Southeast Asia’s … that UOB is uniquely (Million persons) (USD trillion) immense growth placed to capture prospects… • Most diverse regional franchise • Third largest population among Singapore banks 581 656 726 6.6 globally, after China a
Slide 8: Strong retail presence in high potential regional markets
Strong retail presence in high potential regional markets High Vietnam 8 3 Philippines 2019 retail banking pool sizes USD b Indonesia ✓ Denotes UOB’s ✓ core markets in Banking penetration 21 Southeast Asia growth potential 12 Thailand UAE ✓ was launched 9 Malaysia 37 India in Thailand (March 2019) 9
Slide 9: Our Growth Drivers
Our Growth Drivers 9
Slide 10: Comprehensive regional banking franchise
Comprehensive regional banking franchise Extensive regional footprint with ~500 offices FY20 performance by segment Myanmar Greater China1 2 offices 28 offices UOB SGD134b Operating Assets under +6% Thailand Open profit management YoY 153 offices Vietnam 4 offices Group SGD2.1b AUM from Malaysia –6%
Slide 11: Wholesale: Growing regional franchise, capturing cross-border opportunities
Wholesale: Growing regional franchise, capturing cross-border opportunities Strengthening Connectivity 29%1 +2%2 Cross-border income’s Non-Singapore Across our ASEAN footprint contribution to Group income growth and global network Wholesale Banking income Sector Specialisation Building capabilities
Slide 12: Consumers: Tapping on rising affluence in Southeast Asia
Consumers: Tapping on rising affluence in Southeast Asia Omni-channel 67%1 SGD134b1,2 Experience Digitally-engaged Assets under Serving affluent customers customers management (AUM) across various touchpoints 56% YoY3 Digital Bank: TMRW Specially for mobile-first +3x3 25% Increase in TMRW Highly act
Slide 13: Forging a sustainable future for ASEAN
Forging a sustainable future for ASEAN UOB’s notable recognitions Wholesale SGD11b Customers Total sustainability Sustainable growth in sectors driving ASEAN progress financing1 provided to date as of end-2020 #2 #2 among ASEAN banks among Singapore in 2021 companies in 2020 Wealth WWF Sustainable A
Slide 14: Latest Financials
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Slide 15: FY20 financial overview
FY20 financial overview Net Profit After Tax Movement, FY20 vs FY19 (SGD m) 528 35 291 288 1,119 47 210 4,343 –33% 2,915 –8% –2% –20% –6% >100% +91% –25% FY19 net Net interest Net fee and Other non- Operating Total Share of profit Tax and non- FY20 net profit after tax income commission interest exp
Slide 16: Overseas diversification provided some stability, as operating profit eased in Singapore
Overseas diversification provided some stability, as operating profit eased in Singapore FY20 FY19 YoY 4Q20 3Q20 QoQ +/(–) +/(–) Operating profit SGD m SGD m % SGD m SGD m % Singapore 2,592 3,276 –21 651 626 +4 Rest of Southeast Asia 1,302 1,220 +7 307 332 –8 Malaysia 675 649 +4 164 161 +2 Thailand
Slide 17: Diversified loan portfolio
Diversified loan portfolio Professionals Housing loans and private 24% Others individuals 7% Transport, General 10% storage and commerce Industry communication 12% 4% FIs, investment Building & Large and holding construction corporates Others companies 25% and 11% Manufacturing 11% 7% institutions G
Slide 18: Portfolio remained sound as relief programmes unwound across the region
Portfolio remained sound as relief programmes unwound across the region Book under relief measures (SGD b) 25 Residual loan relief programmes on a targeted basis, as broad- 4 18 based government relief programmes have largely ended in 2020 10 5 Gradual reopening of economies will help to cushion
Slide 19: Disciplined balance sheet management
Disciplined balance sheet management Return on risk-weighted assets Focus on Healthy 1.51% 1.63% 1.93% 1.90% balance 1.27% portfolio sheet FY16 FY17 FY18 FY19 FY20 quality efficiency Current Account Saving Account Balances (SGD b) 11% CAGR1 Proactive 174 Robust 114 124 130 141 liability capitalisati
Slide 20: 2020 dividend in line with MAS guidance, scrip dividend applied but at no discount
2020 dividend in line with MAS guidance, scrip dividend applied but at no discount Net dividend per ordinary share (¢) 20 20 Special 20 55 50 Final 45 39 50 55 Interim 35 39 2017 2018 2019 2020 Payout amount (SGD m) 1,660 2,000 2,170 1,303 Payout ratio (%) 49 50 50 451 Payout ratio (excluding
Slide 21: Why UOB?
Why UOB? Integrated regional Balance growth with Stable management Strong fundamentals platform stability Proven track record in Entrenched domestic Sustainable revenue Continue to diversify steering the bank through presence and deep local channels as a result of portfolio, strengthen vario
Slide 22: Thank You
Thank You tt UOB RIGHT BY YOU
United Overseas Bank — SIAS Corporate Connect Webinar (April 2021) on 6ix