Slide 1: TISCO Financial Group Public Co., Ltd. For the year 2018
TISCO Financial Group Public Co., Ltd. For the year 2018
Slide 2: TISCO Overview
© TISCO TISCO Overview
Slide 3: Company Profile
Company Profile Timelines 1975 One of the founding Business Model 1969 members of the Stock Founded by Bankers Trust of New York as Exchange of Thailand “Selective Focus” the first investment 1996 Universal Bank bank in Thailand First securitization of auto loan in South East Asia 2008 Restructured
Slide 4: TISCO Group Structure
TISCO Group Structure “1sCO TISCO TISCO Financial Group Plc.* 1 1 1 1 1 I I 1 1 T T 1 f 1 nl 1 I I I i I t 1 i | 99.99% 100% 49% 100% 1 100% 100% 1 100% 100% 100% ' 1 I I i] 1 1 1 TISCO TISCO ‘ TISCO TISCO Asset i TISCO TISCO 1 1 | TISCO Bank Hi-Way . 1 ee 1 Information i. All-Ways 1 1 Tokyo Leasing
Slide 5: TISCO Businesses
TISCO Businesses Retail Banking • Auto Hire Purchase • TISCO Auto Cash • Mortgage Loan & Home-Equity Loan • SME Lending • Life & Non-Life Insurance Corporate Banking • Corporate Lending & Financial Advisory • Investment Banking • Corporate Insurance Wealth & Asset Management • Deposit Service • Weal
Slide 6: Consolidated Loan Portfolio
Consolidated Loan Portfolio Acquired Retail Thailand’s First Car Banking Business Buyer Scheme from SCBT Sale of Personal Loan & Credit Card to Citibank Took over Primus & GMAC Started SME Division Upgraded to Commercial Bank 9.2% 56.6% -7.5% 22.4% 14.7% 16.7% 15.8% 19.3% 9.8% 32.2% 21.4% 34.1% 17.5
Slide 7: Profitability
Profitability Profitability for the past 10 years 16.0% 45.3% 13.1% 13.4% 14.7% 0.0% 0.0% 17.8% 21.7% 15.2% Growth (YoY) 7
Slide 8: Share Capital Information
Share Capital Information Total Shares 800,655,483 Ordinary Shares 800,645,624 CDIB, 10.0% NVDR, Preferred Shares 9,859 15.4% Foreign, No. of Shareholders 15,236 29.6% Foreign Shareholders 142 Local Shareholders 15,094 Shareholders by type (%) Institutional 79.5% Local, 45.0% Individual 20.5% Foreig
Slide 9: Financial Results
TISCO Financial Results
Slide 10: Profitability
Profitability Net Profit Unit: Million Baht +15.2% YoY -4.9% QoQ +13.4% YoY ROAE & ROAA 10
Slide 11: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 4Q17 3Q18 4Q18 % QoQ % YoY 2017 2018 % YoY Interest Income 4,548 4,408 4,380 (0.7) (3.7) 16,382 17,690 8.0 Interest Expenses (1,277) (1,298) (1,301) 0.2 1.8 (4,814) (5,076) 5.4 Net Interest Income 3,270 3,110 3,079 (1.0) (5.9) 11,567 12,615 9.1 Fee
Slide 12: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht -1.2% QoQ -2.1% QoQ -0.3% YoY -1.5% YoY Unit : Million Baht 2017 3Q18 2018 % QoQ % YoY Unit : Million Baht 2017 3Q18 2018 % QoQ % YoY Loans - Net 251,384 240,051 240,654 0.3 (4.3) Deposits & 245,202 246,440 241,985 (1.8)
Slide 13: Loan Portfolios
Loan Portfolios +0.9% QoQ -2.9% YoY Total Loans Unit: Million Baht +0.3% QoQ -4.3% YoY Sale of Personal Loan & Credit Card approx. Sale of Personal Loan & Credit Card 3.7% of retail loan approx. 2.7% of total loans Retail Loans -2.0% QoQ -10.4% YoY Corporate Loans -3.3% QoQ -1.6% YoY SME Loans 13
Slide 14: Retail Loan Portfolio Breakdown
Retail Loan Portfolio Breakdown +0.9% QoQ -2.9% YoY Unit: Million Baht +1.8% QoQ +2.0% YoY +3.3% QoQ -5.9% QoQ -2.7% QoQ +15.8% YoY -17.2% YoY +4.0% QoQ -13.1% YoY +22.8% YoY 14
Slide 15: TISCO Auto Cash
TISCO Auto Cash Auto Cash Loan Outstanding Unit: Million Baht Auto Cash +3.3% QoQ +15.8% YoY Somwang +8.0% QoQ +39.9% YoY Somwang Loan Outstanding vs NPLs Somwang Branches NPLs increased due to the revised loan classification 15
Slide 16: Industry Car Sale & Penetration Rate
Industry Car Sale & Penetration Rate Industry New Car Sale Units 120,000 100,000 80,000 60,000 40,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO’s Auto HP Penetration Rate 16
Slide 17: Interest Income & NIM
Interest Income & NIM Net Interest Income Unit: Million Baht +9.1% YoY -1.0% QoQ -5.9% YoY 17
Slide 18: Asset Quality
Asset Quality Non-Performing Loans Unit: Million Baht - The increase in NPLs was a one-off from the revision of loan classification criteria - The repayment behavior and overall asset quality of clients remained stable - NPLs before the revision of the loan classification would be 2.23% 2017 3Q18 20
Slide 19: Provisions
Provisions Provision Expense & Credit Cost Unit: Million Baht Minimum Required Provision vs Actual Provision Unit: Million Baht 19
Slide 20: Funding
Funding Total Funding Unit: Million Baht -1.8% QoQ -1.3% YoY Unit : Million Baht 2017 3Q18 2018 % QoQ % YoY Current 3,785 2,624 2,484 (5.4) (34.4) Savings 64,544 57,542 54,684 (5.0) (15.3) Fixed Deposits 112,474 130,866 135,941 3.9 20.9 Short-Term Bill of Exchanges 7,477 6,827 5,877 (13.9) (21.4) Se
Slide 21: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Unit: Million Baht Data for 2018 +5.0% YoY +6.6% QoQ -3.5% YoY Unit : Million Baht 4Q17 3Q18 4Q18 % QoQ % YoY 2017 2018 % YoY Banking Fee 1,169 1,041 1,187 14.0 1.5 4,150 4,437 6.9 As s et
Slide 22: Asset Management Business
Asset Management Business +1.0% QoQ +7.3% YoY TISCO Asset Under Management Unit: Million Baht Rank #2 -1.1% QoQ Provident Fund +3.7% YoY -8.0% QoQ -5.2% YoY Rank #14 Mutual Fund -1.4% QoQ +0.5% YoY Rank #8 Rank #5 Private Fund 22
Slide 23: Brokerage Business
Brokerage Business TISCO Trading Volume & Market Share Unit: Million Baht TISCO Trading Volume by Customers 23
Slide 24: Operating Expenses
Operating Expenses Operating Expenses Unit: Million Baht Cost to Income Ratio +14.1% YoY -1.5% QoQ +0.1% YoY Unit : Million Baht 4Q17 3Q18 4Q18 % QoQ % YoY 2017 2018 % YoY Empl oyees ' Expens es 1,274 1,508 1,431 (5.2) 12.3 5,074 5,839 15.1 Premis es & Equi pment Expens es 354 304 316 3.9 (10.7) 1,1
Slide 25: Capital Adequacy
Capital Adequacy Capital Adequacy Ratio of TISCO Bank Unit: Million Baht Risk-Based Capital Exposure 2017 2018 25
Slide 26: Employees and Branch Network
Employees and Branch Network Total Employees Total Branch Network 26
Slide 27: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Satorn Road, Silom, Bangrak, Bangkok, 10500, Thailand +(66) 2633 6868 +(66) 2633 6855 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-lo
Slide 28: TISCO
TISCO