PT Bank Danamon Indonesia Tbk Class A · IDX:BDMN
PT Bank Danamon Indonesia Tbk Class A — FY2020 Earnings Presentation
18 slides from PT Bank Danamon Indonesia Tbk Class A's earnings presentation, Feb 18, 2021
Slide 1: Analyst Briefing FY-2020
PT Bank Danamon Indonesia Tbk Analyst Briefing FY-2020 Jakarta, 18 February 2021 PT Bank Danamon Indonesia Tbk terdaftar dan diawasi oleh OJK
Slide 2: Table of Contents
Table of Contents FY20 Reflection & MUFG Collaboration Update FY20 Financial Highlights 1
Slide 3: FY20 Reflection: Balancing strategy execution and adapting to the New Normal
FY20 Reflection: Balancing strategy execution and adapting to the New Normal While Danamon continued to execute its long-term strategies, our key priority during the year was to ensure the Bank’s operational resilience due to the COVID 19 pandemic. Business & Customer Expansion Prudent lending Expan
Slide 4: MUFG Collaboration Update
MUFG Collaboration Update Growing Synergy Loan & CASA Balance (Rp bn) Key Synergy Deals in 2020 Synergy Loan Synergy CASA Collaborative business leveraging MUFG’s global network +71% Dealer Finance +307% 6,804 Provided financial services to auto 2,828 dealers in order to support vehicle 3,988 sales
Slide 5: Table of Contents
Table of Contents FY20 Reflection & MUFG CollaborationUpdate FY20 Financial Highlights 4
Slide 6: Strong foundation for FY21 through CASA growth, healthy asset quality and record high coverage ratio
Strong foundation for FY21 through CASA growth, healthy asset quality and record high coverage ratio • Excluding ADMF and run-off portfolio, total loan grew 6% YoY. Prudent Loan • EB portfolio grew 25% YoY, supported by collaboration with MUFG network. Selection • ADMF loan disbursement grew 67% QoQ
Slide 7: 2020 Balance Sheet highlights
2020 Balance Sheet highlights In Rp billion 2019 2020 YoY 1Q20 2Q20 3Q20 4Q20 QoQ Total Assets 193,534 200,890 4% 203,213 194,441 196,631 200,890 2% Total Loan Portfolio and Trade 144,253 135,786 -6% 147,028 142,710 137,934 135,786 -2% Finance1) Total Loan Portfolio and Trade Finance excl. ADMF and
Slide 8: 2020 Income Statement
2020 Income Statement In Rp billion FY19 FY20 YoY 1Q20 2Q20 3Q20 4Q20 QoQ Net Interest Income1) 14,440 13,645 -6% 3,800 3,130 3,309 3,406 3% Non Interest Income 3,679 3,322 -10% 1,332 631 622 737 18% Operating Income 18,119 16,967 -6% 5,132 3,761 3,931 4,143 5% Operating Expenses -9,319 -8,237 12% -
Slide 9: 2020 Key Financial Ratios
2020 Key Financial Ratios In % FY19 FY20 YoY 1Q20 2Q20 3Q20 4Q20 QoQ NIM1) 8.3 7.4 -0.9 8.4 6.9 7.1 7.2 0.1 CoC 3.4 4.7 1.3 3.3 5.8 2.8 7.1 4.3 Risk-adjusted NIM 4.9 2.7 -2.2 5.1 2.1 4.3 0.1 -4.2 Cost to Income1) 51.4 48.5 -2.9 42.9 49.9 51.0 47.1 -3.9 CASA Ratio 49.7 52.3 2.6 49.9 53.2 51.5 52.3 0.
Slide 10: Ample liquidity supported by double digit CASA growth
Ample liquidity supported by double digit CASA growth RIM, LDR, and LCR (%) – Healthy Liquidity LDR (%) by BUKU 4Q19 4Q20 Nov 19 Nov 20 188.0 102.1 158.3 91.3 90.7 93.5 86.6 87.4 82.3 80.2 80.1 80.3 99.7 98.9 85.0 84.0 RIM LDR LCR BUKU 1 BUKU 2 BUKU 3 BUKU 4 Industry Source: SPI OJK Nov 20 CASA , TD
Slide 11: Strong capital structure as foundation for growth
Strong capital structure as foundation for growth Capital Adequacy Ratio (%) Market and Operational Risk Charges (%) 24.6 23.2 24.5 25.9 25.6 % 4Q19 1Q20 2Q20 3Q20 4Q20 Bank Only CAR w/ Credit 30.5 27.6 29.8 31.9 32.3 Risk 24.2 23.4 24.9 25.0 22.1 Market Risk 0.8 0.8 0.8 0.8 -0.2 -0.1 -0.2 -0.1 -0.3
Slide 12: Diversified growth engine to minimize impact of economic slowdown
Diversified growth engine to minimize impact of economic slowdown Composition of Loan Portfolio & Trade Finance1) (Rp tn) Growth of Loan Portfolio & Trade Finance1) (Rp bn) 144.3 147.0 Rp bn 4Q19 4Q20 YoY QoQ 142.7 137.9 135.8 Enterprise2) & FI 43,966 54,773 25% 3% SME 28,709 24,407 -15% -5% 30%
Slide 13: ADMF: Encouraging Recovery on New Financing
ADMF : Encouraging Recovery on New Financing ADMF units New Financing vs. Industry ADMF Loan Disbursement Amount (in Rp bn) (% YoY growth based on cumulative YTD) 2W 4W Others Industry 2W ADMF 2W 9,889 1.6 8,394 -6.9 +219% +67% 47% 1.3 48% 5,351 -6.6 -41.5 -41.5 -43.4 34% 3,199 45% 32% 1,678 41% 36%
Slide 14: Sustainable Non-Interest Income supported by Treasury and Wealth Management
Sustainable Non-Interest Income supported by Treasury and Wealth Management Non-Interest Income (Rp bn) Revenue Composition FY19 FY20 -10% 51.7 42.9 49.9 51.0 47.1 Cost to income ratio 3,679 3,322 5,132 4,843 -44% 3,931 4,143 Net Interest Income 3,761 -4% +128% Non-Interest Income 1,957 77% 74% 1,10
Slide 15: Asset quality improvement combined with stronger coverage
Asset quality improvement combined with stronger coverage 12.9 10.3 11.0 11.3 10.0 SM% NPL and SM % of Total Loans 140 bps improvement NPL% 4.2 3.4 3.2 3.0 2.8 22,909 18,687 19,339 18,512 18,010 NPL and SM 4,829 amount 4,182 5,789 4,272 3,678 BDI NPL (Rp bn) BDI-SM 14,505 18,080 14,332 13,550 14,240
Slide 16: Proactive provisioning and better than expected COVID restructured loan trend
Proactive provisioning and better than expected COVID restructured loan trend 3.4 3.3 4.5 4.0 4.7 YTD CoC as % of avg loan Cost of Credit (% of Avg 2,357 1,901 2,063 Loans and Rp 1,148 62% 66% 57% 955 Non Mass Market bn) 41% 33% Mass Market 34% 59% 43% 67% 38% 4Q19 1Q20 2Q20 3Q20 4Q20 Restructured L
Slide 17: Continuous monitoring of asset quality in key sectors
Continuous monitoring of asset quality in key sectors BDI Loans by Sector (% of total loans) Industry Loans by Sector (% of total loans) Nov-19 Nov-20 31.6 Dec-19 Dec-20 18.0 17.2 29.7 16.4 16.2 20.2 18.5 18.6 18.5 9.5 9.9 11.8 6.7 7.0 6.5 6.9 7.3 6.2 4.4 3.9 4.8 4.8 4.4 4.8 4.9 4.2 4.3 4.1 3.5 2.3
Slide 18: THANK YOU
THANK YOU Investor Relations PT Bank Danamon Indonesia, Tbk Menara Bank Danamon, 16th Floor Jl. H.R. Rasuna Said Kav. C-10 Setiabudi - Kuningan, Jakarta Selatan 12940 Phone: +62 21 8064 5000 Email: investor.relations@danamon.co.id
PT Bank Danamon Indonesia — FY2020 Earnings Presentation on 6ix