Tisco Financial Group Public Co. Ltd. · SET:TISCO

Tisco Financial Group Public — Q3 2008 Earnings Presentation

22 slides from Tisco Financial Group Public's earnings presentation, 2008

  1. Slide 1: Analyst Meeting Q3/2008

    Analyst Meeting Q3/2008 Disclaimer: This presentation material may contain forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward looking statements as a result

  2. Slide 2: Agenda

    Agenda I. Financial Summary II. Financial Performance 3Q08 III. Operational Updates IV. Progress on Holding Company Restructuring V. Q&A 2

  3. Slide 3: Consolidated Financial Summary

    Consolidated Financial Summary Unit: Million Baht 3Q08 2Q08 %QoQ 3Q07 %YoY Interest income 1,938 1,878 3.2 1,684 15.1 Interest expense (890) (798) 11.5 (799) 11.4 Net interest income 1,048 1,080 (2.9) 885 18.4 Non-interest income 590 729 (19.1) 728 (19.0) PPOP 883 950 (12.2) 856 3.2 Provisions (331)

  4. Slide 4: Agenda

    Agenda I. Financial Summary II. Financial Performance 3Q08 III. Operational Updates IV. Progress on Holding Company Restructuring V. Q&A 4

  5. Slide 5: Interest Income

    Interest Income Interest Income Performance 3Q08 Interest Income Breakdown Unit: Million Baht Interbank & Investment MM 5% 1,938 4% 1,878 1,684 Investment 273 331 Loans Interbank & MM 17% 215 Loans HP & 1,317 1,413 1,423 Finance HP & Finance 74% 3Q07 2Q08 3Q08 Unit: Million Baht 3Q08 2Q08 % QoQ 3Q07

  6. Slide 6: Net Interest Margins

    Net Interest Margins Yield on Loans and Cost of Funds (%) 7.6 7.5 7.3 8 7.5 7.3 6 Yield on loan 3.8 3.6 Cost 4 3.5 3.5 3.4 2 3Q07 4Q07 1Q08 2Q08 3Q08 NIM and Loan Spread (%) 5 4.0 4.2 3.8 4.0 4 3.8 3.8 4.0 Loan spread 4.0 3.9 3.7 3 NIM 2 1 3Q07 4Q07 1Q08 2Q08 3Q08 6

  7. Slide 7: Loan Portfolio

    Loan Portfolio Loan Growth 3Q08 Loan Breakdown by Industry Unit: Million Baht 2.7% QoQ Manufacturing Others & commerce Real estate & 95,268 97,834 13.2% YTD 5% 7% construction 86,420 Housing 8% 2% Public utilities Other Loans & services 3% 74.8% 70.5% 72.7% Hire Purchase Agricultural & Hire mining C

  8. Slide 8: Hire Purchase Business

    Hire Purchase Business Industry New Car Sales & TISCO Penetration Rate % Y/Y Growth Total Car Sales (Thousand unit) 50% Penetration Rate Market Growth Passenger Cars 25% +20% 682 631 9.4% 10.3% 9.9% 7.7% 0% 412 398 Total Cars -13% -25% -3.0% Pick-up -7.4% -30% -50% Jan-08 Feb-08 Mar-08 Apr-08 May-08

  9. Slide 9: Non-Interest Income

    Non-Interest Income Non-Interest Income Performance 3Q08 Non-Interest Income Breakdown Unit: Million Baht IB Trading 2% 1% 724 729 Trading Brokerage 590 18% IB 161 107 200 Brokerage Banking 131 130 AM 57% 144 AM 22% 301 334 220 Banking 3Q07 2Q08 3Q08 Unit: Million Baht 3Q08 2Q08 % QoQ 3Q07 % YoY Ban

  10. Slide 10: Asset Management Business

    Asset Management Business Market NAV TISCO Asset Under Management Unit: Billion Baht 7.9% YTD Unit: Billion Baht 5.8% YTD 2,228 2,073 2,051 Rank #8 113.5 113.9 107.7 14% 16% 9% 72% 70% 68% Mutual Fund 27% Mutual Fund 29% 28% Private Fund Private Fund 8% 8% 9% 63% 58% 57% Provident Fund Provident Fun

  11. Slide 11: Brokerage Business

    Brokerage Business Average Daily Trading Volume Unit: Million Baht 21,917 19,959 19,422 18,846 17,097 16,281 Market 12,212 39% QoQ 1,303 1,186 1,104 1,053 1,048 861 TISCO 669 39% QoQ 2006 2007 3Q07 4Q07 1Q08 2Q08 3Q08 TISCO - Brokerage Value & Market Share Unit: Million Baht Brokerage Value Market S

  12. Slide 12: Operating Expenses

    Operating Expenses Operating Expenses Unit: Million Baht 3Q08 2Q08 % QoQ 3Q07 % YoY Personnel expenses 373 463 (19.6) 425 (12.3) Premises & equipment expenses 156 148 5.3 140 11.6 Taxes & duties 28 28 (1.4) 25 8.1 Fees & service expenses 65 93 (29.7) 67 (2.5) Directors’ remuneration 2 2 (12.0) 2 (12

  13. Slide 13: Balance Sheet

    Balance Sheet Assets Mix Liabilities Mix Unit: Million Baht 5.6% QoQ Unit: Million Baht 6.2% QoQ 98,953 109,877 116,059 17.3% YTD 20.9% YTD 86,579 98,565 104,704 Other assets Other Liabilities Interbank & MM Investment LT Borrowings 65% 62% 62% 87% Other Retail Loans 86% Interbank 79% Hire Purchase

  14. Slide 14: Deposits and ST Borrowings

    Deposits and ST Borrowings Deposits & ST Borrowings Unit: Million Baht 9.9% QoQ 93,566 36.7% YTD 85,173 9% 7% Unit: Million Baht 3Q08 2Q08 %QoQ 2007 %YTD 68,459 6% 36% Current 3,844 2,776 38.5 2,089 84.0 36% Current & Savings 46% Savings 4,361 2,896 50.6 2,158 102.1 Fixed Deposits Fixed Deposits 34,

  15. Slide 15: Assets Quality and Duration Gap

    Assets Quality and Duration Gap Assets Quality Duration Gap Unit: Million Baht Unit: Years NPL Coverage Ratio Assets Liabilities Duration Gap 74.8% 76.1% 73.0% 1.05 1.06 0.89 3,751 3,957 3,874 1.41 1.41 1.38 0.52 0.36 0.32 2007 2Q08 3Q08 2007 2Q08 3Q08 NPL by • Duration gap maintained at around 1.06

  16. Slide 16: Risk-Based Capital Adequacy

    Risk-Based Capital Adequacy Capital Adequacy Ratio Unit: Million Baht 11.94% 10.44% 11.58% 9.94% Capital Base 10.20% 9.90% BIS Ratio 12,374 11,312 11,355 Tier I 2007 2Q08 3Q08 Risk-Based Capital Breakdown Operational Non-listed Listed Equity Risk Reserve Equity Derivatives 13.2% 8.9% 3.9% 0% SME Len

  17. Slide 17: Agenda

    Agenda I. Financial Summary II. Financial Performance 3Q08 III.Operational Updates IV. Progress on Holding Company Restructuring V. Q&A 17

  18. Slide 18: Operational Updates

    Operational Updates TISCO Purse Fixed Deposit with Health Insurance Electronic Money ATM (e-TM) ATM Machine for non cash transactions Best Managed Company (Mid-cap) By FinanceAsia • TISCO Special Plus Fund • TISCO Asia Pacific ex Japan Trigger 15% Fund #2 • TISCO Korea Bond Fund #2 • TISCO Sovereign

  19. Slide 19: Agenda

    Agenda I. Financial Summary II. Financial Performance 3Q08 III. Operational Updates IV. Progress on Holding Company Restructuring V. Q&A 19

  20. Slide 20: Holding Company Restructuring Plan

    Holding Company Restructuring Plan Period Process Aug 2008 Financial Institutions Business Act B.E. 2551 to become effective on August 3, 2008 Set up the Holding Company - “TISCO Financial Group Public Company Limited” The Holding Company to submit applications to BOT, SEC and SET Oct 2008 To receiv

  21. Slide 21: Agenda

    Agenda I. Financial Summary II. Financial Performance 3Q08 III. Operational Updates IV. Progress on Holding Company Restructuring V. Q&A 21

  22. Slide 22: Investor Relations

    Investor Relations TISCO Bank Public Company Limited 48/2 TISCO Tower, North Sathorn Road Silom, Bangrak, Bangkok 10500 Tel. +66-2-633-6868 Email: IR@tisco.co.th Website: www.tisco.co.th 22

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