Allied Bank Limited · PSX:ABL
Allied Bank — H1 2022 Earnings Presentation
21 slides from Allied Bank's earnings presentation, June 2022
Slide 1: Financial Presentation – June 2022
Financial Presentation – June 2022
Slide 2: Contents
Contents ABL at Glance & Economic Stock Market Highlights Investments Deposits Information Annexures 3-4 5-7 8 9 10 11 12 13 14-18 Major Highlights Advances & Key Ratios & Balance Sheet Asset Quality Channels Ratings Income Statement
Slide 3: ABL at Glance
ABL at Glance ATMs:1,569 Entity Credit Rating On-site: 1,295 Off-site: 269 Overseas Long Term: AAA MBU: 5 Short Term: A1+ Corporate Branches: 2 Governance Bahrain WBU Rating Subsidiary Rep Offices: Export Processing CGR 9++ Zone ABL Asset 2 Management Co. UAE-Dubai Domestic Ltd. Digital China-Beijin
Slide 4: Economic Highlights
4/21 Economic Highlights Workers Remmittances- US$ Million 3,500 3,000 2,500 2,000 1,500 1,000 500 0 Jul-21 Aug-21 Sep-21 Oc t-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 2021-22 2020-21 Export & Import- US$ Million TD Trade Deficit & Current Account CAD 9,000 8,000 0 0 -500 7,000 -10
Slide 5: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) (Rs. in Billion) 2,500 200 8% 12% 100 2,000 -1% 16% • Total Assets reached at Rs. 2,131 0 89 billion (increased by 6%). 1,500 20 -7 19 -100 2,131 -200 1,000 2,010 -300 500 -400 - -500 • Net Advances reached at Rs. 646 Dec-21 Cash, Bank Investments Advances Oper
Slide 6: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) (Rs. in Billion) 11% 18% • Total Liabilities stood at Rs. -11% 2,006 billion (increased by 7%) 162 8 -47 1,883 2,006 • CASA Jun’22 Stood at: 82% • Deposits aggregated to reach at Dec-21 Borrowings Deposits Bills Payable Jun-22 Rs. 1,575 billion; increased
Slide 7: Highlights Income Statement
Highlights Income Statement (Rs. in Billion) 20% • Net Interest Income (NII) stood at Rs. 27,515 35% million during period under review; increased by 20%. 14% 142% 122% • Both Fee & Commission and Dividend 4,497 2,806 440 Income increased by 21%. -2,335 8,762 • Non-Markup Income reached at Rs. 10,73
Slide 8: Investments
Investments (Rs. in Billion) Investments Jun' 22 Dec'21 Var. Growth Pakistan Investment Bonds 720,837 553,428 167,409 30% Market Treasury Bills 370,196 455,866 (85,671) -19% Listed and Unlisted Shares 18,382 17,636 746 4% TFCs, Bonds, Sukuks and Mutual Funds 61,514 45,915 15,599 34% Subsidiary 500 5
Slide 9: Advances & Asset Quality
Advances & Asset Quality (Rs. in Billion) • Gross advances stood at Rs. 658 billion (1%↓) (Industry advances; 7%↑) • Gross ADR ratio reached 41.8% (Industry Jun’22 Gross ADR: 47.7%) • NPLs at 13.0 billion (4%↓) • NPL Ratio 1.98% (0.06%↓); Industry Mar’22: 7.8% • Specific NPL Coverage 89.5% (0.8%↓) &
Slide 10: Deposits
Deposits (Rs. in Billion) Particulars Jun' 22 Dec' 21 Var (% ) Market Share: 6.9% Current 656 607 8% Industry Growth: 8.8% Saving 631 582 8% Term 288 224 29% Total Deposits 1,575 1,413 11% ABL CASA Mix: 82% 1,575 1,413 1,217 1,049 1,287 985 1,189 883 805 1,062 735 668 868 608 809 515 400 690 617 485
Slide 11: Key Ratios & Channels
Key Ratios & Channels Key Ratios Particulars Jun'22 Dec'21 Variance Return on Assets (%) 0.7% 1.0% -0.3% Return on Equity (Tier I) (%) 12.7% 16.5% -3.8% Capital Adequacy Ratio (%) 20.8% 22.3% -1.6% Channels Jun' 22 Dec' 21 Growth Total Branches 1,429 1,429 - Conventional 1,312 1,312 - Islamic 117 11
Slide 12: Stock Market Data
Stock Market Data Allied Bank Limited (ABL) Stock Price vs Market - Trend 30.0% Pakistan Stock Exchange Code: ABL 25.0% 20.0% Bloomberg Code: ABL PA 15.0% 10.0% Shares Outstanding (mln): 1,145.07 5.0% 0.0% Jul-21 Aug-21 Se p-21 Oct -21 Nov-21 Dec-21 Ja n-22 Feb-22 Mar- 22 Apr-22 May-22 Jun-22 Market
Slide 13: Corporate Governance & Ratings
Corporate Governance & Ratings 1 Entity Rating CGR PACRA Deposits VIS Credit Rating • AAA (Long Term) Company • A1+ (Short Term) • CGR-9++ (Corporate Moody’s • A very low expectation of Governance Rating) credit risk emanating from a • Very high level of corporate very strong capacity for • B3/NP go
Slide 14: Annexures
Annexures Pakistan Annexure A Digital Statement of AwardsFinancial 2020Position - Standalone 1. Best Mobile Banking Annexure B App Statement of AwardsFinancial Position - Consolidated 2. Best Digital Annexure C Innovation Income Statement Award - Standalone 3. Best App and Annexure D Enabled Web Inc
Slide 15: Statement of Financial Position: Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Jun'22 Dec'21 Variance Jun'22 Dec'21 Variance Cash and Balances with Banks 137,696 125,310 12,386 672 612 60 10% Lending to FIs 53,563 45,453 8,110 261 222 40 18% Investments - net 1,152,626 1,064,495 88,131 5,6
Slide 16: Statement of Financial Position: Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Jun'22 Dec'21 Variance Jun'22 Dec'21 Variance Cash and Balances with Banks 137,697 125,304 12,393 672 612 60 10% Lending to FIs 53,563 45,453 8,110 261 222 40 18% Investments - net 1,154,388 1,066,390 87,998 5
Slide 17: Income Statement: Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Jun'22 Jun'21 Variance Jun'22 Jun'21 Variance Mark-up and Interest Income 87,567 53,337 34,230 427 260 167 64% Mark-up and Interest Expensed 60,052 30,319 29,732 293 148 145 98% Net Mark-up and interest Income 27,516 23,0
Slide 18: Income Statement: Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Jun'22 Jun'21 Variance Jun'22 Jun'21 Variance Mark-up and Interest Income 87,572 53,339 34,233 428 260 167 64% Mark-up and Interest Expensed 60,063 30,330 29,733 293 148 145 98% Net Mark-up and interest Income 27,509 23
Slide 19: Disclaimer
Disclaimer The information being presented herein is solely for your information. Except for the historical information, statements that describe the Bank’s objectives, plans or goals discussed in Investor Conference Call are forward‐looking statements. These forward looking statements involve a num
Slide 20: Contact Us
Contact Us Sikandar Ali Khan +92-42-35880043 Investor.Relations@abl.com Unit Head Strategic Ext: 32637 Planning, Finance 20 20/21
Slide 21: THANK YOU
THANK YOU 21