Cimb Group Holdings Bhd · MYX:CIMB
Cimb Group Holdings Bhd — H1 2012 Earnings Presentation
67 slides from Cimb Group Holdings Bhd's earnings presentation, Aug 15, 2012
Slide 1: Analysts Presentation 1H12 Results
Analysts Presentation 1H12 Results 15 August 2012
Slide 2: Key Highlights
CIMB GROUP : 1H12 RESULTS KEY HIGHLIGHTS
Slide 3: Key Financial Highlights (1)
Key Financial Highlights (1) Revenue Net Profits ROE * Cost to Income +15.3% +12.3% +20bps -90bps 56.2 RM ’bil RM ’bil 2,120 % 16.0 % 6,581 55.3 15.8 1,887 5,709 1H11 1H12 1H11 1H12 1H11 1H12 1H11 1H12 Q-o-Q +2.2% Q-o-Q +9.7% Q-o-Q +120bps Q-o-Q +40bps Note: *Annualised 3
Slide 4: Key Financial Highlights (2)
Key Financial Highlights (2) Gross Impairment Gross Loans ** Deposits NIM * Loans Ratio +14.5% +7.3% -2bps -130bps RM ’bil RM ’bil % % 5.7 195.8 226.4 3.11 4.4 3.09 171.0 210.9 Jun-11 Jun-12 Jun-11 Jun-12 1H11 1H12 1H11 1H12 Q-o-Q +5.3% Q-o-Q -1.5% Q-o-Q +9bps Q-o-Q -40bps Notes: * Annualised 4 ** E
Slide 5: PBT by Division
PBT by Division 1H12 1H11 Investment Investment Banking Banking 5% 7% Investments 10% Investments Consumer 13% Consumer Banking Banking 40% 40% Corporate Banking 20% Corporate Banking 26% Markets Markets 25% 14% 1H12 PBT Y-o-Y Growth by Key Division Consumer Investment Corporate Banking Banking Bank
Slide 6: Other Highlights
Other Highlights Lower dividend payout of 18% or 5 sen per share. Prudent move as we await BNM’s new capital framework “CIMB 2.0” has strengthen synergies in wholesale business “CIMB 2.0” in consumer still WIP BoC acquisition on schedule RBS APAC IB acquisition on schedule but minus India
Slide 7: 1H12 Financials
CIMB GROUP : 1H12 RESULTS 1H12 FINANCIALS
Slide 8: Earnings Summary
Earnings Summary (RM ’mil) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q Net interest income 4,262 3,878 9.9% 2,189 2,073 5.6% Non interest income 2,319 1,831 26.7% 1,137 1,182 (3.7%) Operating income 6,581 5,709 15.3% 3,326 3,255 2.2% Loan impairment (195) (92) 112.0% (51) (144) (63.9%) Other provisions (18) 21
Slide 9: Quarterly Earnings Trend
Quarterly Earnings Trend 17.1% 16.9% 17.8% 16.1% 16.3% 16.8% 14.8% 15.7% 15.6% 3,381 3,326 3,186 3,255 2,993 2,959 3,032 2,897 2,750 1,405 1,341 1,470 1,180 1,180 1,233 1,278 1,287 1,143 1,133 1,109 917 970 1,012 1,011 884 911 873 ^ ^ ^ 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 Operating income*
Slide 10: Regional PBT By Segment (Estimated)
Regional PBT By Segment (Estimated) PBT (RM ‘mil) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q Consumer Banking (39.9%) 1,122 998 12.4% 596 526 13.2% Malaysia (29.1%) 817 783 4.3% 413 404 2.6% Indonesia (11.0%) 310 235 31.7% 182 128 41.8% Singapore (0.1%) 2 (15) n.a. 3 (1) n.a. Thailand (-0.2%) (4) (1) n.a. (0)
Slide 11: Key Ratios
Key Ratios (%) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q ROE * 16.0 15.8 16.8 15.6 NIM * 3.09 3.11 3.13 3.04 Non-interest income / total income 35.2 32.1 34.2 36.3 Cost to income 55.3 56.2 55.5 55.1 Allowance coverage 82.3 80.4 82.3 81.3 Allowance coverage after regulatory 90.0 83.0 90.0 87.4 reserve # Loan l
Slide 12: LD Ratios
LD Ratios Loan to Deposit Ratio 98.8% 96.5% 95.3% 94.4% 93.4% 91.0% 89.7% 88.3% 88.8% 88.0% 78.8% 75.9% 77.0% 75.9% 72.9% Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 12
Slide 13: Strong NoII Growth
Strong NoII Growth Notable Deals 1H12 Banca Income RM ’mil 28.8% Y-o-Y 114 10.1 89 7.3 74.8 57.8 5.1 2.9 20.5 24.1 1H11 1H12 Malaysia Singapore Indonesia Thailand Breakdown of NoII RM ’mil 26.7% Y-o-Y -3.8% Q-o-Q 2,319 1,182 1,137 42 1% 3% 1,831 191 8% 9% 56 179 1,083 39% 54% 612 984 1,002 49% 37% 1
Slide 14: Operating Expenses
Operating Expenses (RM ’mil) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q Personnel 1,958 1,682 16.4% 982 976 0.6% Establishment 802 698 14.9% 380 423 (10.2%) Marketing 195 173 12.7% 111 84 32.1% Admin & General 684 654 4.6% 374 309 21.0% Total 3,639 3,207 13.5% 1,847 1,792 3.1% 14
Slide 15: Gross Loans Growth (Regional)
Gross Loans Growth (Regional) Divisions / Products 30 Jun 12 30 Jun 11 Y-o-Y 31 Mar 12 Q-o-Q 30 Jun 12 (RM ‘bil) Retail Banking (48.5%) 97.0 88.4 9.8% 93.9 3.3% Others Singapore 2% 6% Mortgages 49.1 44.0 11.5% 47.7 2.8% Thailand 7% Auto 11.9 11.3 5.6% 11.6 2.6% Term Loans 24.8 22.8 8.6% 23.7 4.7% In
Slide 16: Deposits Growth (Regional)
Deposits Growth (Regional) Divisions / Products 30 Jun 12 30 Jun 12 30 Jun 11 Y-o-Y 31 Mar 12 Q-o-Q (RM ‘bil) Thailand 5% Retail Banking (45.8%) 103.7 92.8 11.6% 100.7 2.9% Indonesia 21% Current 22.9 20.0 14.3% 22.5 2.0% Singapore 4% Savings 25.2 22.0 14.5% 24.5 2.8% Malaysia 70% Fixed & Structured
Slide 17: CASA Growth
CASA Growth 30 Jun 12 Country (RM ‘bil) 30 Jun 12 30 Jun 11 Y-o-Y 31 Mar 12 Q-o-Q CiMB Thai Others 4% >0.1% CIMB Niaga Malaysia & Singapore * 55.6 50.4 10.5% 55.9 (0.7%) 26% CIMB Niaga ^ ** 20.2 19.4 4.1% 19.7 2.5% CIMB Thai + 3.1 2.5 24.0% 2.7 14.8% Malaysia & Singapore 70% Others 0.1 - n.a 0.1 - 3
Slide 18: AFS MTM Position
AFS MTM Position 678.6 ^ 663.9 ^ 639.0 612.2 611.0 ^ 539.0 ^ Mar 11 Jun 11 Sep 11 Dec 11 Mar 12 Jun 12 Note: ^ Restated due to adoption of MFRS 1 First Time Adoption of Malaysian Financial Reporting Standards 18
Slide 19: Capital Management – CIMB Bank
Capital Management – CIMB Bank 10,155 9,368 10,033 9,605 9,460 16.9% 16.8% 9,761 398 9,426 363 9,950 15.9% 15.7%^ 409 RWCR 15.0% 360 14.7% 14.7% 14.6% 363 15.1% 364 10,803 47 11,988 400 11,110 13.7%^ 15.0% 9,176 Tier 1 9,712 14.6% 14.5% 8,255 7,898 13.9% 8,105 13.9% 13.8% 13.8% 13.1% 12.4% 11.4%^ Co
Slide 20: Malaysia & Singapore Consumer Bank
CIMB GROUP : 1H12 RESULTS MALAYSIA & SINGAPORE CONSUMER BANK
Slide 21: Consumer Banking – Malaysia and Singapore
Consumer Banking – Malaysia and Singapore (RM ’mil) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q Net interest income 1,632 1,573 3.8% 815 817 (0.2%) Non interest income 530 464 14.2% 267 263 1.5% Operating income 2,162 2,037 6.1% 1,082 1,080 0.2% Overhead expenses (1,473) (1,359) 8.4% (755) (718) 5.2% Provisions
Slide 22: Consumer Banking Indicators (1) – Malaysia and Singapore
Consumer Banking Indicators (1) – Malaysia and Singapore Malaysia Mar-11 Mar-12 Consumer Deposits (RM ‘bil) Market Market Rank Rank +11.9% Y-o-Y Share Share Deposits 10.4% 4 11.0% 4 -7.0% Q-o-Q 19.6 18.2 Residential 16.3 13.7% 2 13.4% 3 Mortgages +16.0% Y-o-Y Non Residential +4.3% Q-o-Q 12.4% 2 10.9
Slide 23: Consumer Banking Indicators (2) – Malaysia and Singapore
Consumer Banking Indicators (2) – Malaysia and Singapore Credit Cards – Loan Base (RM ‘bil) Debit Cards Spending 801 741 755 421 747 129 +292.2% 4.4 4.4 4.4 +51.0% Q-o-Q 30.2 20.0 7.7 Jun-11 Mar-12 Jun-12 Dec-11 Mar-12 Jun-12 Credit Cards Loan Base (RM 'bil) Credit Cards Base ('000) Total Spending (
Slide 24: CIMB Niaga
CIMB GROUP : 1H12 RESULTS CIMB NIAGA
Slide 25: CIMB Niaga: Steady Growth
CIMB Niaga : Steady Growth Net Profits (IDR ‘bil) Gross Loans (IDR ‘tril) +24.6% Y-o-Y +17.9% Y-o-Y +28.3% Y-o-Y +5.7% Q-o-Q 3,174 138 2,548 130 1,984 1,546 117 FY10 FY11 1H11 1H12 Jun-11 Mar-12 Jun-12 Total Deposits (IDR ‘tril) Asset Quality +11.4% Y-o-Y 3.6% 3.6% +3.3% Q-o-Q 3.4% 3.4% 138 3.3% 133
Slide 26: CIMB Niaga: Earnings Summary
CIMB Niaga: Earnings Summary (IDR ’bil) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q Net interest income 4,687 3,796 23.5% 2,482 2,205 12.6% Non interest income 1,687 1,181 42.8% 719 968 (25.8%) Operating income 6,374 4,977 28.1% 3,201 3,173 0.9% Overhead expenses (2,989) (2,469) 21.0% (1,521) (1,468) 3.7% Provi
Slide 27: CIMB Niaga: Gross Loans Growth
CIMB Niaga : Gross Loans Growth Divisions / Products (IDR ’bil) 30 Jun 12 30 Jun 11 Y-o-Y 31 Mar 12 Q-o-Q Retail Banking (28.7%) 39,503 35,364 11.7% 38,410 2.8% Mortgage 19,120 16,990 12.5% 18,468 3.5% Auto 15,466 14,444 7.1% 15,468 0.0% Credit Cards 3,170 2,393 32.5% 2,880 10.1% Others 1,747 1,537
Slide 28: CIMB Niaga: Deposits Growth
CIMB Niaga : Deposits Growth Divisions / Products (IDR ’bil) 30 Jun 12 30 Jun 11 Y-o-Y 31 Mar 12 Q-o-Q Retail Banking (42.3%) 58,148 58,177 (0.1%) 59,871 (2.9%) Current 3,993 3,930 1.6% 4,196 (4.9%) Savings 25,704 22,526 14.1% 26,149 (1.7%) Fixed & structured deposits 28,451 31,720 (10.3%) 29,526 (3
Slide 29: CIMB Niaga: Key Ratios
CIMB Niaga : Key Ratios (Consolidated, %) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q ROE 20.7 19.7 21.4 20.0 NIM 5.93 5.57 6.19 5.67 Cost to Income 46.9 49.6 47.5 46.3 Loan Loss Coverage # 108.6 109.7 108.6 106.9 Allowance Coverage 82.3 80.6 82.3 82.9 Loan Loss Charge 1.0 0.8 0.6 1.4 Gross Impaired Loans Ratio
Slide 30: CIMB Niaga: Corporate Updates
CIMB Niaga : Corporate Updates Consumer Market Share Corporate Updates Indonesia Jun-11 Jun-12 Sabbatical of Catherine Hadiman from Vice CEO / Corporate Banking Director. Lo Nyen Khing is the new Market Market head of CBTM Rank Rank Share Share Launched automated commercial banking credit proces
Slide 31: Latest Events/Products
Latest Events/Products GoMobile Cosplay Photo Contest GoMobile Campaign No Problem Campaign 31
Slide 32: CIMB Thai
CIMB GROUP : 1H12 RESULTS CIMB Thai
Slide 33: CIMB Thai: Earnings Summary
CIMB Thai : Earnings Summary Before GAAP Adjustments 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q (THB ’mil) Net interest income 2,463 2,275 8.2% 1,247 1,215 2.6% Non interest income 752 753 (0.1%) 322 430 (25.3%) Operating income 3,215 3,028 6.2% 1,569 1,646 (4.7%) Overhead expenses (2,625) (2,303) 14.0% (1,444
Slide 34: CIMB Thai: Loans Growth
CIMB Thai : Loans Growth Divisions / Products (THB ‘bil) 30 Jun 12 30 Jun 11 Y-o-Y 31 Mar 12 Q-o-Q Retail Banking (34.4%) 42.4 36.1 17.5% 39.9 6.3% Mortgage 26.6 23.4 13.8% 25.3 5.4% Auto 10.3 7.5 38.3% 9.7 6.2% Others 5.5 5.2 4.7% 4.9 10.7% Commercial Banking (24.3%) 30.0 22.6 32.6% 29.0 3.7% Corpo
Slide 35: CIMB Thai: Deposits Growth
CIMB Thai : Deposits Growth Divisions / Products (THB ‘bil) 30 Jun 12 30 Jun 11 Y-o-Y 31 Mar 12 Q-o-Q Retail Banking (56.0%) 75.8 68.7 10.4% 73.1 3.7% Current 0.8 0.9 (4.3%) 0.8 4.3% Savings 16.7 15.1 10.6% 13.9 20.4% Fixed & structured deposits 58.3 52.7 10.6% 58.4 (0.3%) Commercial Banking (6.3%)
Slide 36: CIMB Thai: Key Ratios
CIMB Thai : Key Ratios (Consolidated, %) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q ROE 5.6 9.4 0.9 10.3 NIM 3.24 3.59 3.26 3.23 Cost to Income 81.7 76.1 92.1 71.7 Loan Loss Coverage** 75.2 80.4 75.2 71.1 Loan Loss Charge 0.4 0.3 0.4 0.5 Gross NPL ratio** 3.5 3.0 3.5 3.9 Net NPL ratio** 2.2 2.0 2.2 2.4 Loan to
Slide 37: CIMB Thai: Corporate Updates
CIMB Thai : Corporate Updates Consumer Market Share Corporate Updates Thailand Jun-11 Jun-12 1Platform went live successfully on 19 Mar-12 Market Market 3:10 rights issue raised THB4.8 bil, completed on 7 Rank Rank Aug-12 Share Share Deposits 1.4% 11 1.4% 9 Mortgages 1.2% 11 1.2% 11 Auto 0.5% 17
Slide 38: Wholesale Banking
CIMB GROUP : 1H12 RESULTS WHOLESALE BANKING
Slide 39: Wholesale Banking (Regional)
Wholesale Banking (Regional) (RM ’mil) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q Net interest income 1,401 1,270 10.3% 746 655 13.7% Fee and commission income 485 503 (3.4%) 290 195 48.5% Net trading income 512 222 130.3% 202 310 (34.7%) Brokerage income 190 176 8.2% 98 92 5.6% Others 38 16 122.5% 13 25 (45.9
Slide 40: Wholesale Banking – Investment Banking (Regional)
Wholesale Banking – Investment Banking (Regional) (RM ’mil) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q Net interest income 21 17 21.2% 10 11 (9.1%) Fee and commission income 289 298 (3.0%) 203 86 136.8% Net trading income 24 26 (7.8%) 10 14 (30.8%) Brokerage income 190 175 8.5% 99 91 8.4% Others 11 10 5.6% 6 5
Slide 41: Wholesale Banking – Corporate Banking (Regional)
Wholesale Banking – Corporate Banking (Regional) (RM ’mil) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q Net interest income 770 737 4.6% 389 381 1.6% Fee and commission income 186 235 (20.9%) 83 103 (19.4%) Net trading income 37 36 0.2% 23 14 74.4% Others 12 10 22.1% - 12 n.a. Operating income 1,005 1,018 (1.3%)
Slide 42: Corporate Banking Gross Loans
Corporate Banking Gross Loans Divisions / Products (RM ’bil) 30 Jun 12 30 Jun 11 Y-o-Y 31 Mar 12 Q-o-Q Malaysia (59.9%) 40.3 34.1 18.4% 37.7 7.0% Indonesia (22.6%) 15.2 13.6 11.8% 14.4 5.6% Singapore (10.1%) 6.8 4.7 44.8% 6.2 9.1% Thailand (7.4%) 5.0 4.0 22.6% 4.6 7.0% Total 67.3 56.4 19.3% 62.9 6.9
Slide 43: Wholesale Banking – Markets (Regional)
Wholesale Banking – Markets (Regional) (RM ’mil) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q Net interest income 609 516 18.0% 346 263 31.8% Fee and commission income 10 (32) n.a. 4 6 (43.8%) Net trading income 452 160 182.0% 170 282 (39.7%) Others 15 (2) n.a. 6 9 (32.8%) Operating income 1,086 642 69.0% 526 56
Slide 44: IB Market Share and Ranking (1)
IB Market Share and Ranking (1) Malaysia 1H11 1H12 Indonesia 1H11 1H12 Market Market Market Market Rank Rank Rank Rank Share Share Share Share Stock Broking 10.1% 1 11.9% 1 Stock Broking 4.7% 5 5.0% 5 IPO 49.2% 1 21.2% 2 IPO - - - - ECM 47.3% 1 30.2% 1 ECM 5.0% 8 - - M&A 18.7% 4 8.1% 10 M&A 1.4% 11
Slide 45: IB Market Share and Ranking (2)
IB Market Share and Ranking (2) 1H11 1H12 1H11 1H12 ASEAN Global Market Market Market Market Rank Rank Rank Rank Share Share Share Share IPO 7.1% 4 15.6% 2 Sukuk 18.5% 3 8.5% 3 ECM 7.7% 4 15.0% 1 M&A 6.0% 13 3.9% 16 Syndication 2.0% 14 6.8% 4 Bonds 13.8% 1 7.6% 4 - Domestic * 1H11 1H12 Hong Kong Mar
Slide 46: Notable Deals
Notable Deals DCM M&A Johor Corporation SapuraKencana Petroleum (Formerly RM3.0 bil Islamic Medium Term Notes known as Sapura-Kencana Petroleum Programme irrevocable and Berhad) unconditionally guaranteed by the RM11.9 bil acquisition of SapuraCrest Government of Malaysia Petroleum Berhad and Kencan
Slide 47: Group Asset Management
Group Asset Management AUM as at 30 Jun 12 Wholesale AUM as at 30 Jun 12 +9.5% CIMB Mapletree RM480 mil 36,869 14% CapAsia 33,663 3,464 RM1,278 mil 37% 3,439 TCA RM820 mil 24% 33,405 30,224 Private Equity RM886 mil 2Q11 2Q 12 25% Wholesale CIMB P 47
Slide 48: Investments
CIMB GROUP : 1H12 RESULTS INVESTMENTS
Slide 49: Investments (Regional)
Investments (Regional) (RM ’mil) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q Net interest income 220 197 11.9% 105 115 (9.1%) Fee income 23 18 27.9% 11 12 (5.1%) Net trading income 174 134 29.8% 50 124 (59.7%) Total income 417 349 19.7% 166 251 (34.0%) Overhead expenses (191) (93) 105.6% (85) (106) (20.9%) Prov
Slide 50: Strategic Investments
Strategic Investments 2Q12 PAT to CIMB Group declined by 0.9% Q-o-Q to RM24.3 mil due to a shift in CASA to a higher cost time deposits. For 1H12, PBT to CIMB Group at RM48.8 mil, up +16.0% Y-o-Y Slower loans growth at +2.8% Q-o-Q amidst slowing economy and increasing competition Transformatio
Slide 51: Other Highlights
CIMB GROUP : 1H12 RESULTS OTHER HIGHLIGHTS
Slide 52: CIMB Islamic
CIMB Islamic Ranking of Total Islamic Assets as at 31 Mar 2012 1H11 1H12 Market share and ranking Market Market Total Assets Market Rank Rank Share Share Rank Company Share RM ’mil Sukuk 1 MIBB 76,483 23% - Malaysia 25.8% 2 22.6% 2 2 CIMB Islamic 45,496 14% - Global 18.5% 3 8.5% 3 3 Bank Islam 31,24
Slide 53: CIMB Singapore
CIMB Singapore PBT (SGD ’mil) Credit Cards 132 119 44 202 76 183 34 23 12 124 13 10 3 4 20 0 FY10 FY11 1H11 1H12 Dec-09 Dec-10 Dec-11 Jun-12 Bank Securities Credit Cards Loan Base (SGD 'mil) Credit Cards Base ('000) Total Loans and SME Loans (SGD ’mil) Retail Deposits (SGD ’mil) 5,222 2,752 2,669 4,
Slide 54: Insurance
Insurance PBT (RM ’mil) 1H12 1H11 Y-o-Y 2Q12 1Q12 Q-o-Q CIMB Aviva^ 27.4 16.3 68.5% 17.8 9.6 86.0% CIMB Sun Life (7.8) (5.3) (45.2%) (4.3) (3.5) (21.9%) Others* (0.9) (1.7) 44.5% (0.8) (0.1) (512.2%) Total 18.7 9.3 102.1% 12.8 6.0 114.2% Aviva has issued RFP for sale of 49% of CIMB-Aviva It is a
Slide 55: 1Platform Journey
1Platform Journey 2010 2011 2012 2013 2014 2015 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Thailand Expansion Projects Live on 19/03/2012 Malaysia Expansion Projects 1Q14 Singapore Live on 05/12/2011 Indonesia 4Q14 Went Live Pre- Successfully Implementation 55
Slide 56: Key Management Changes
Key Management Changes Renzo Christopher Viegas Deputy CEO, CIMB Group David Richard Thomas Head of CIMB Consumer Chief Risk Officer, CIMB Group Banking Shahnaz Jammal Matthew Kirkby Deputy Chief Financial Officer, Co-Head of Corporate Client CIMB Group Solutions/Advisory Aaron Loo Boon Se
Slide 57: Targets for 2012
Targets for 2012 1H12 2012 Targets On Track ROE 16.0% * 16.4% r TSR (1H12) -3.3% < FBM KLCI > FBM KLCI r Dividend 18%^ 40% - 60% r Group loans growth 15% 16% r Group deposits growth 7% 16% r Loan loss charge 0.20% * 0.31% Core Capital Ratio (at CIMB Bank) (Basel II) 13.1% ** >10% RWCR (at CIMB B
Slide 58: Outlook
Outlook Good 1H12, in-line to meet earnings targets Cautious about external environment and mindful of NPL risk areas Good IB and corporate banking deal pipeline for 2H12 Consumer demand slowdown may not be as severe as feared Expect more synergies from CIMB 2.0 going forwards Focused on
Slide 59: Thank You
THANK YOU 59
Slide 60: Appendices
CIMB GROUP : 1H12 RESULTS APPENDICES
Slide 61: Consolidated Balance Sheet Changes
Consolidated Balance Sheet Changes 30 Jun 11 (RM ‘mil) 30 Jun 12 Y-o-Y 31 Mar 12 Q-o-Q (Restated)* Cash & short term funds 25,412 28,557 (11%) 30,968 (18%) Securities purchased under resale agreements 4,217 4,124 2% 4,443 (5%) Deposits & placements with financial institutions 5,005 9,291 (46%) 7,279
Slide 62: Contribution by Entity
Contribution by Entity 1H12 1H11 2Q12 1Q12 Legal Entity RM ’mil % of PBT RM ’mil % of PBT RM ’mil % of PBT RM ’mil % of PBT CIMB Bank 1,548 55% 1,286 51% 737 50% 811 61% CIMB Niaga 918 33% 736 29% 487 33% 431 32% CIMB Islamic 241 9% 264 11% 114 8% 127 9% CIMB Labuan 23 1% 101 4% 12 1% 11 1% CIMB Inv
Slide 63: PBT by Country
PBT by Country 1H12 1H11 Others Thailand Others Thailand Singapore 4% Singapore 5% 1% 2% 2% 4% Indonesia Indonesia 33% 29% Malaysia 63% Malaysia 57% 1H12 PBT Y-o-Y Growth by Key Countries +4.6% +28.8% -29.8% +91.1% 63
Slide 64: Asset Quality Ratios – CIMBG
Asset Quality Ratios – CIMBG Series break due to adoption of FRS 139 90.8% 86.8% 86.7% 82.9% 82.3% 82.3% 82.0% 80.0% 80.8% 80.0% 79.5% 81.1% 81.3% 79.1% 80.6% 81.1% 80.7% 82.2% 80.5% 80.6% 80.4% 80.0% 81.1% 78.4% 79.3% 7.6% 7.5% 7.2% 6.6% 6.1% 5.9% 5.6% 5.5% 5.7% 5.7% 5.5% 5.7% 5.5% 5.0% 5.1% 4.7% 4
Slide 65: CIMB Niaga: Balance Sheet Changes
CIMB Niaga : Balance Sheet Changes (IDR ’bil) 30 Jun 12 30 Jun 11 Y-o-Y 31 Mar 12 Q-o-Q Placements & Other MS 24,679 22,143 11.5% 24,561 0.5% Government Bonds 7,862 6,849 14.8% 7,082 11.0% Loans (Net) 133,747 113,202 18.1% 126,364 5.8% Other Assets 13,137 10,514 24.9% 14,672 (10.5%) Total Assets 179
Slide 66: CIMB Thai: Balance Sheet Changes
CIMB Thai : Balance Sheet Changes Before GAAP Adjustments 30 Jun 12 30 Jun 11 Y-o-Y 31 Mar 12 Q-o-Q (THB ’mil) Placements & Other MS 10,451 19,403 (46.1%) 14,644 (28.6%) Government Bonds (Net) 31,353 15,282 105.2% 29,518 6.2% Loans (Net) 120,361 99,234 21.3% 114,730 4.9% Other Assets 15,213 10,853 4
Slide 67: Capital Management – All Banking Entities
Capital Management – All Banking Entities Jun-12^ Mar-12^ Jun-11^ Tier 1 (B2) (B2) (B2) CIMB Bank 13.1% 13.9% 13.9% CIMB Investment Bank 16.7% 17.1% 20.8% CIMB Islamic 10.1% 10.3% 10.9% CIMB Niaga # 12.1% 12.3% 10.6% CIMB Thai # 7.9% 7.6% 8.4% CIMB Bank Group 10.5% 11.1% 11.1% CIMB Investment Bank G
CIMB Group Holdings Berhad — H1 2012 Earnings Presentation on 6ix