Pt Bank Maybank Indonesia Tbk Class A · IDX:BNII
Pt Bank Maybank Indonesia Tbk Class A — FY2023 Earnings Presentation
38 slides from Pt Bank Maybank Indonesia Tbk Class A's earnings presentation, 2023
Slide 1: Maybank Indonesia Financial Results FY 2023
Maybank Indonesia Financial Results FY 2023 ended 31 December 2023 Humanising Financial Services
Slide 2: Table of Contents
Table of Contents Executive Summary 2 Results Overview 7 Shariah Banking Unit 17 Digital Banking 19 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 34
Slide 3: FY 2023: PBT and PATAMI increase 15.4% and 18.5% YoY respectively
FY 2023: PBT and PATAMI increase 15.4% and 18.5% YoY respectively Increase in PBT was driven by an improvement in the Bank’s Operating Income backed by better loan yields and improved asset composition, particularly in the retail and RSME segments, and FY 2023 vs FY 2022 Shariah Banking Unit. Profit
Slide 4: FY 2023: Loans grow by 7.6% while maintaining liquidity
FY 2023: Loans grow by 7.6% while maintaining liquidity Loans grew following a stable business climate and strong Continued to optimise low cost consumer purchasing power throughout 2023 funding FY 2023 vs FY 2022 FY 2023 vs FY 2022 Total NPL LAR Low Cost Fund Total LDR Ratio Loans Ratio Ratio (CASA
Slide 5: FY2023: UUS records strong PBT growth
FY2023: UUS records strong PBT growth Shariah Business Unit (UUS) PBT surged by 66.8% FY 2023 vs FY 2022 UUS UUS UUS NPF PBT Asset CASA Ratio Ratio 66.8% 2.5% 4.99% 0.46% Rp504 billion Rp41.0 trillion 51.47% 2.56% • Shariah Banking Unit recorded a significant increase in PBT by 66.8% to Rp50
Slide 6: FY2023: Capital remains strong
FY2023: Capital remains strong Strong capital position FY 2023 vs FY 2022 Total Total Total CAR Asset RWA Capital 6.8% 0.7% 3.4% 1.09% Rp171.8 trillion Rp107.5 trillion Rp29.8 trillion 27.74% • Total Assets increased by 6.8% YoY to Rp171.8 trillion. • Total Capital stood at Rp29.8 trillion,
Slide 7: FY2023: Positive contribution from subsidiaries
FY2023: Positive contribution from subsidiaries Maybank Finance WOM Finance FY 2023 vs FY 2022 FY 2023 vs FY 2022 MIF PBT MIF WOM PBT WOM Financing Financing 0.9% 8.5% 14.3% 22.5% Rp571 billion Rp7.7 trillion Rp320 billion Rp6.2 trillion • Maybank Finance’s PBT stood at Rp571 billion, slight
Slide 8: Table of Contents
Table of Contents Executive Summary 2 Results Overview 7 Shariah Banking Unit 17 Digital Banking 19 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 34
Slide 9: Income Statement - Consolidated
Income Statement - Consolidated Rp billion FY 2023 FY2022 YoY 4Q 2023 3Q 2023 QoQ Interest Income 11,884 10,400 14.3% 3,126 3,011 3.8% Interest Expense (4,650) (3,423) 35.9% (1,300) (1,211) 7.4% Net Interest Income 7,234 6,978 3.7% 1,825 1,800 1.4% GM-related fees 181 136 33.6% 43 (44) 197.9% Non GM
Slide 10: Loans
Loans Overall loans grew by 7.6%, supported by growth in all segments LDR & Total Loans Rp trillion Loans Portfolio Breakdown Rp trillion Dec-23 Sep-23 Dec-22 YoY QoQ Global Banking 41.72 40.72 40.65 2.6% 2.5% CFS 74.28 71.70 67.17 10.6% 3.6% CFS Non-Retail 30.81 28.95 28.18 9.3% 6.4% Business Banki
Slide 11: Asset Quality
Asset Quality Gross NPL and gross impaired loans (GIL) ratio improve as credit quality improves and loan balance increases. 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 8.6% with CASA ratio at 51.08% Customer Deposits by Business Segment Customer Deposits Breakdown Rp trillion Dec-23 Sep-23 Dec-22 YoY QoQ Current Account 35.8 33.9 32.4 10.2% 5.4% Saving Account 23.2 22.3 21.9 6.1% 4.3% CASA 59.0 56.2 54.3 8.
Slide 13: Fee Income
Fee Income Rp billion 15.6% 14.5% 107.6% 227.3% 204.5% 3.8% Breakdown of Other Fee Income Dec-23 Dec-22 YoY Retail administration 174 202 -13.8% Loan administration 130 153 -15.3% Advisory fees 48 42 14.7% Credit card administration 122 122 -0.3% Consumer financing receivables administra
Slide 14: Operating Expenses (Opex)
Operating Expenses (Opex) Opex stood at Rp5.8 trillion, increased by 7.2% YoY. On BAU basis, G&A cost grew 3.7% YoY. Rp billion 7.2% 8.9% 5.4% Breakdown of G&A Dec-23 Dec-22 YoY General 618 588 5.0% Outsourcing services 541 539 0.3% Rental 88 89 -1.1% Depreciation and amortization 573 498 15.2
Slide 15: Strong Capital Position
Strong Capital Position Capital Ratios Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 YoY QoQ Tier I 25.57% 28.00% 27.54% 27.10% 26.57% 1.00% -0.53% Tier II 1.08% 1.11% 1.06% 1.07% 1.17% 0.09% 0.10% Total CAR 26.65% 29.11% 28.60% 28.17% 27.74% 1.09% -0.43% 15
Slide 16: Balance Sheet - Consolidated
Balance Sheet - Consolidated Rp billion Dec-23 Sep-23 Dec-22 YoY QoQ Loans 116,002 112,422 107,815 7.6% 3.2% Other Earning Assets 38,906 39,780 35,008 11.1% -2.2% Other Assets 16,895 17,850 17,991 -6.1% -5.3% Total Assets 171,803 170,052 160,814 6.8% 1.0% Deposits from Customer 115,503 114,501 105,7
Slide 17: Financial Ratios
Financial Ratios Dec-23 Sep-23 Dec-22 YoY Dec-23 Sep-23 Dec-22 YoY Consolidated Bank Only a b c (a-c) a b c (a-c) Profitability Profitability Return On Assets 1.41% 1.33% 1.25% 0.16% Return On Assets 1.09% 1.13% 0.79% 0.30% Return On Equity (Tier 1) 6.20% 5.94% 5.44% 0.76% Return On Equity (Tier 1)
Slide 18: Table of Contents
Table of Contents Executive Summary 2 Results Overview 7 Shariah Banking Unit 17 Digital Banking 19 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 34
Slide 19: Shariah Banking Unit
Shariah Banking Unit Financing Total Asset Deposits Rp billion 2.5% Rp billion 16.7% Rp billion 14.4% +5.9% +29.3% TD CASA Shariah Banking Unit recorded a significant increase in PBT by 66.8% to Rp504 billion. Financing increased by 14.4% to Rp30.2 trillion, supported by the Shariah Busine
Slide 20: Table of Contents
Table of Contents Executive Summary 2 Results Overview 7 Shariah Banking Unit 17 Digital Banking 19 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 34
Slide 21: Key Highlight of Digital Initiatives 4Q 23
Key Highlight of Digital Initiatives 4Q 23 M2U transaction growth trend are maintained and more features have been launched M2U QR Pay M2E • 15% YoY growth in M2U • More than 164K saving • QR Pay & CR Cardless • Total transaction transactions volume accounts have been Withdrawal transactions volume
Slide 22: New Features & Program Launched in 2023
New Features & Program Launched in 2023 In the 1st quarter of 2023, Maybank In the 2nd quarter of 2023, Maybank launched the launched Bonds STP features that enables New M2U ID Web internet banking with new and customers to purchase primary government improved customer experience. In addition, there
Slide 23: Table of Contents
Table of Contents Executive Summary 2 Results Overview 7 Shariah Banking Unit 17 Digital Banking 19 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 34
Slide 24: Maybank Finance
Maybank Finance Revenue and Profit Before Tax Asset Quality Rp billion 6.0% 0.9% Financing Unit Financing (unit) Rp billion 8.5% 24
Slide 25: WOM Finance
WOM Finance Revenue and Profit Before Tax Asset Quality Rp billion 17.8% 14.3% Financing Unit Financing (‘000 unit) Rp billion 22.5% 25
Slide 26: Table of Contents
Table of Contents Executive Summary 2 Results Overview 7 Shariah Banking Unit 17 Digital Banking 19 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 34
Slide 27: Sustainable Finance Portfolio
Sustainable Finance Portfolio Sustainable Finance Portfolio reached Rp21.7 trillion as of Dec 23 Contributing 21.2% 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: Our Contributions
Our Contributions Environment Social Emission Reduction Initiatives in 2023 Household Improvements through Financing to MSMEs and Low-income Group Improving 135,575 households through financing programme to MSMEs and low-income group. 25 branches have been AC-inverterised CSR Realisation Funds in 20
Slide 30: Table of Contents
Table of Contents Executive Summary 2 Results Overview 7 Shariah Banking Unit 17 Digital Banking 19 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 34
Slide 31: Profile
Profile Profile* Established : 15 May 1959 Total Assets : Rp171.8 trillion Total Equity : Rp30.8 trillion Market Capitalization : Rp18.4 trillion Rank #14 in terms of Assets Position in Indonesia** : Rank #13 in terms of Loans Rank #12 in terms of Deposits 337 (Maybank Indonesia) # of Branches : 547
Slide 32: Company Ratings & Shareholdings
Company Ratings & Shareholdings Company Ratings Shareholding Structure As of December 2023 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 BNPP Ldn/25/Vital Public Holdings Pt
Slide 33: 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 Budhi Dyah Sitawati Achjar Iljas Hendar Putut Eko Bayuseno Independent Commissioner Independent Commissioner Independent C
Slide 34: Directors
Directors Taswin Zakaria Thilagavathy Nadason Irvandi Ferizal Effendi President Director Director Director Director Widya Permana Steffano Ridwan Muhamadian Ricky Antariksa Bambang Andri Irawan Director Director Director Director Director 34
Slide 35: Table of Contents
Table of Contents Executive Summary 2 Results Overview 7 Shariah Banking Unit 17 Digital Banking 19 Subsidiaries 22 Appendix Sustainability 25 Maybank Indonesia in Brief 29 Awards and Events Highlights 34
Slide 36: Awards & Events in 4Q 2023
Awards & Events in 4Q 2023 UUS Maybank Indonesia Distributed Benevolent Funds for Rumah Yatim Maybank Indonesia through its Sharia Business Unit (UUS), has distributed aid to support 471 orphans and underprivileged people living in Mukim and Non-Mukim Dormitories assisted by Rumah Yatim throughout I
Slide 37: Thank You
Thank You Humanising Financial Services
Slide 38: 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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