Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk · IDX:BJBR
Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk — PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (bank bjb) — Q3 2019 Earnings Presentation
42 slides from Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk's earnings presentation, 2019
Slide 1: bank bjb 3Q 2019 Company Report
bank bjb “Tandamata Untuk Negeri” 3Q 2019 Company Report
Slide 2: Macroeconomic indicators
GDP Growth BI Rate 7DRR Customer Confidence Index 8 140,00 7 130,00 120,00 Index (pts) 6 (%) 110,00 5 100,00 4 90,00 3 80,00 1mth JIBOR Inflation USDIDR 10yr Govt Bond 12,00 16.000 10 10,00 15.000 9 14.000 8,00 13.000 Yield (%) USDIDR 8 (%) 6,00 12.000 11.000 7 4,00 10.000 2,00 6 9.000 - 8.000 5
Slide 3: Loans and deposit growth
18,00 Loans Growth Deposit Growth 16,00 • 14,00 12,00 10,00 8,00 • 6,00 4,00 2,00 • - • Investment Loans WC Loans Consumer Loans 20,00 18,00 16,00 14,00 12,00 10,00 8,00 6,00 4,00 2,00 -
Slide 4: 3Q2019 Performance Consolidated
3Q2019 Performance Consolidated
Slide 5: Result Summary
Result Summary + Net Interest Income at Rp 4.5 tr (-8.0% YoY) Income + PPOP atRp 1.8 tr (-11.3% YoY) Statement + LLP at Rp 286 bn (+26.7% YoY) + Net Income at Rp 1.1 T (-15.5% YoY) + Total Loans at Rp 81.8 tr (+9.8% YoY) Balance + Total Financing at Rp 5.2 tr (+2.4% YoY) Sheet + Total Deposits at Rp
Slide 6: Income Statement
Income Statement Income Statement Positioning YoY Growth (Rp bn) 3Q18 3Q19 (%) Yov 1019 2Q19 3Q19 Interest Income 8,757 8,938 2.1% 182 2,953 2,968 3,017 Interest Expense 3,908 4,479 14.6% 572 1,459 1,493 1,528 Net Interest Income 4,849 4,459 -8.0% (390) 1,494 1,475 1,489 Fee Based Income 673 685 1.8
Slide 7: Balance Sheet
—_— BZ Balance Sheet bank bjb eee br 3Q18 4Q18 1019 2019 3019 oo Cash 1,575 2,929 1,754 2,325 1,997 26.8% Current Account with BI 4,474 9,981 4,675 5,388 5,744 28.4% Secondary Reserves 23,601 22,568 25,824 25,175 24,011 1.7% Loans - net 74,096 74,703 75,113 76,848 80,451 8.6% Financing - net 4,170 4
Slide 8: Key Ratios (bank only)
Key Ratios (bank only) Key Ratios 3Q18 4Q18 1Q19 2Q19 3Q19 Profitability ROA (net) 1.6 1.4 1.5 1.4 1.3 ROE (net) 15.5 13.1 12.4 12.2 11.7 Cost Ratios Cost to Income Ratio 63.7 66.3 66.3 67.5 67.5 Expenses Ratio 80.7 84.2 82.2 83.0 84.1 Yield Asset Yield 11.3 11.3 11.2 11.0 11.0 Cost of Fund 49 5.0 5
Slide 9: 3Q2019 Performance Bank Only Details
3Q2019 Performance Bank Only Details
Slide 10: Target vs. Realization
Target vs. Realization bank bjb (%) Target 3018 4018 1019 2019 3019 Loans Growth 10% - 11% 5.2 6.1 6.2 8.2 9.8 Deposit Growth 9% - 10% -2.8 0.7 -2.5 74 10.0 ROA (net) 1.5% - 2.0% 1.6 14 15 14 13 ROE (net) 15% - 20% 15.5 13.1 12.4 12.2 17 NIM 6.0% - 6.5% 65 64 5.9 57 57 Cost ofFund 5.0% - 5.5% 49 5.0
Slide 11: Loans Breakdown
Loans Breakdown Consumer mMicro mCommercial Mortgage Segment YoY 90 (Rp bn) 3Q18 3Q19 (%) 80 4 Consumer 49,135 55,517 13.0% 70 + au) Micro 5,270 5,765 94% 60 14,1 Commercial 14,099 14,020 -0.6% 50 | oe = Mortgage 5,712 6,179 8.2% & ~ 40 4 Total Gross Loans 74,216 81,481 9.8% 30 | 54,2 55,5 468 471 4
Slide 12: Consumer Loans
Consumer Loans Civil Servant Loans (LHS) mums Pensioner Loans (LHS) ====NPL (RHS) 60 4 40 + 0,9 50 | | 08 | 07 40 | | 06 22 | | 0,5 L 0,4 0 az 378 385 391 394 402) 03 | 0,2 10 5 Lo ° ’ ‘ T u 7 7 ; r 0,0 —_— A bank bjb Key Indicators 3018 3Q19 Yor (%) Loans Outstanding 49,135 55,517 13.0% Net Expansi
Slide 13: Micro Loans
Micro Loans KMU (LHS) lms Govt Program (LHS) mamm Others (LHS) —==NPL (RHS) Key Indicators 3018 3019 0) 70 4 + 6,0 Loans Outstanding 5,270 5,765 9.4% Net Expansion 60 - - 5,0 ¥tD 551 309 44.0% (Rp bn) 5,0 - Avg. Loans + 4,0 Outstanding 183 172 -5.8% R 4,0 - (Rp mn) = 30 No of Account 28,843 33,500 1
Slide 14: Commercial Loans
Commercial Loans (Rp tr) 16,0 14,0 12,0 10,0 8,0 6,0 4,0 Working Capital (LHS) mmm Investment (LHS) mmm Syndicated (LHS) NPL (RHS) 18 16 18 1,6 PBs i / 1,6 r , 14 15,0 14,0 13,0 12,0 11,0 10,0 (%) Key Indicators 3Q18 3Q19 oo Loans Outstanding 14,099 14,020 -0.6% Net Expansion YtD 537 1,775 230.2% (R
Slide 15: Mortgage Loans
Mortgage Loans Mortgage Loans (LHS) —==NPL (RHS) Key Indicators 3018 3019 ie) 7,00 > ; 15,0 (%) 62) 140 Loans Outstanding 5,712 6,179 8.2% 59 Ol 6,00 | 56 57 58 " + 13,0 53 50 + 12,0 Net Expansion 5,1 L an0 YtD 371 369 -0.7% 5,00 | " (Rp bn) + 10,0 L 90 Avg. Loans 400 | " Outstanding 229 228 -0.6% =
Slide 16: Deposit Breakdown
Deposit Breakdown Current Account ™ Savings Account m Time Deposit 100 5 90 | 80 | 70 | 46,4 46,718 40,5 60 5 43,6] ‘a 50 - x 40 | 145 15,39 07 30 | 17,7 20 | 25,7 25,0 25,9 10 5 19,7 0 1 1 : : 1 1 : : A A J & x % ) ~) \' \' “ “ “ “ “ “ SPS Pk ST SF Ff SF LF +s Breakdown 3018 3019 fy (Rp bn) Current
Slide 17: Special Mention Loans
Special Mention Loans Consumer (LHS) mmm Micro (LHS) mmm Mortgage (LHS) ——% to Loans (RHS) 3.000 1 L 1 L 1 L 1 2.500 + 2.000 + 1.500 + 1.000 + Absolute Special Mention Loans (Rp bn) 500 + 4,0 mam Commercial (LHS) Special Mention/Total Loans (%) Special Mention Contribution (%) 100% 90% 80% 70% 60% 5
Slide 18: Non Performing Loans
PA Non Performing Loans b xk bib Consumer (LHS) Micro (LHS) mm Commercial (LHS) Consumer mMicro mCommercial Mortgage mmm Mortgage (LHS) ——=% to Loans (RHS) 100% 4 1.600 4 , 18 90% | ° mm 259 230 21 25 23 1.400 - p 18 oe 80% + L 1,7 qq 1200 5 _ 70% | 2 & & | 17 2 € 1.000 - 8 ES com | 3 3 5 2 16 2 3 3
Slide 19: Yield Analysis
Yield Analysis Others 6% Placement to BI 5,5% Interbank Placement 2,2% Loans 76,9% arketable Securities 13,8% Interbank Lending Bonds Time Deposit 3,1% 43,5% Current Account 28,7% Savings Accoun' 17,5% Asset Yield 3Q18 3Q19 (%) Q Q Placement to Bank Indonesia 2.2 1.9 Interbank Placement 3.6 3.8 Secu
Slide 20: Capital Adequacy
Capital Adequacy bank bjb ‘Total Capital Rp 10.8 tr (+Rp 831 bn YoY) Risk Weighted 3018 3019 YoY Asset (RWA) (%) * Total CAR at 16.6% (-91 bps YoY) Total RWA 56,742 64,852 14.3% Addition to it Ri Risk rway Net impact Credit Risk 45,455 50,821 11.8% CAR Analysis to CAR Weighting Rpitr Net (%) Operati
Slide 21: Consumer Loan Details
Consumer Loan Details
Slide 22: Civil Servant Loans
Civil Servant Loans Civil Servant Loans (LHS) © ===NPL (RHS) 40,2 39,1 39,4 40 4 37.8 38,5 37,1 37,3 37,8 35 | 37,0 25 5 (Rp tr) 20 5 0,5 0,4 0,3 0,2 0,1 0,0 (%) EA bank bjb Key Indicators 3Q18 3Q19 YoY (%) Loans Outstanding 37,827 40,185 6.2% Net Expansion YtD 831 1,652 98.8% (Rp bn) Avg. Loans Out
Slide 23: Pensioner Loans
—_— A Pensioner Loans bank bjb Pensioner Loans (LHS) ===NPL (RHS) i YoY Key Indicators 3Q18 3Q19 (%) 18 9 r 0,3 Loans 9 16 4 Outstanding 11,308 15,332 35.6% Net Expansion 44 YtD 1,224 2,386 94.9% (Rp bn) 12 4 Avg. Loans Outstanding 133 155 15.9% 2] (Rp mn) 5 & & & 8 No of Account 84,808 99,230 17.0%
Slide 24: Sharia Business Performance
Sharia Business Performance 3Q2019 bank bjb Sharia
Slide 25: Result Summary
Result Summary Taxeroyants) Statement Balance Sheet + Net Financing Income at Rp 264 bn (-2.0% YoY) + PPOP at Rp 29 bn (+82.7% YoY) + Net Income at Rp 15 bn (-29.8% YoY) + Total Financing at Rp 5.2 tr (+2.4% YoY) + Total Deposits at Rp 5.7 tr (+ 9.8% YoY) + Total Asset at Rp 7.3 tr (+11.2% YoY) NIM
Slide 26: Income Statement
Income Statement ban eon 3018 3019 0) Financing Income 500,301 499,029 -0.3% Financing Expense 230,455 234,602 1.8% Net Financing Income 269,846 264,427 -2.0% Other Operating Income 13,034 15,295 17.3% Operating Expense 267,038 250,785 -6.1% PPOP 15,842 28,938 82.7% Loan Loss Provision 10,796 (9,007
Slide 27: Balance Sheet
Balance Sheet Rew 3018 3019 0) Cash 46,408 60,226 29.8% Current Account with Bank Indonesia 256,365 317,584 23.9% Secondary Reserves 1,452,605 1,253,259 -13.7% Financing-net 4,170,005 5,064,369 21.4% Fixed Asset-net 239,758 295,840 23.4% Other Asset 419,065 330,023 -21.2% Total Asset 6,584,206 7,321
Slide 28: Key Ratios
Key Ratios tm 3Q18 3Q19 YoY CAR 16.3 15.2 Ald NPF Gross 20.8 4.0 -16.8 NPF Nett 3.2 18 14 ROA 0.6 0.4 0.2 ROE 45 3.1 AS BOPO 94.5 96.0 +15 FDR 98.7 91.8 6.8 NIM 5.2 59 +0.7
Slide 29: Sharia Performance
EA Sharia Performance bank bjb “Ro mny 3018 3019 0) Murabahah 3,970,809 3,512,779 -11.5% Qardh 65,762 76,382 16.1% Financing 1,038,221 1,608,657 54.9% Istishna 4,350 2,933 -32.6% Total Gross Financing 5,079,142 5,200,751 24% Roma 3Q18 3Q19 0) Wadiah Current Account 106,452 94,038 -11.7% Wadiah Savin
Slide 30: Company Profile
Company Profile bank bjb
Slide 31: Board of Commissioners
Board of Commissioners bank bjb From Left to Right Eddy I. M. Nasution Commissioner Last Position Assistant for Economy and Development of West Java Provincial Government (2017-2019) Yayat Sutaryat Independent Commissioner Last Position Independent Commissioner of bank bjb (2015-2019) Farid Rahman I
Slide 32: Board of Directors
Board of Directors —_ bank bjb From Left to Right Tedi Setiawan Director of Operations Last Position SEVP Credit Risk of bank bjb (2018-2019) Nia Kania Director of Finance & Risk Management Last Position Director of Finance bank bjb (2014-2018) Rio Lanasier Director of IT, Treasury & International B
Slide 33: Branch Network Details
Branch Network Details No bjb Network 3Q18 3Q19 YoY 1 Branch 65 65 2 2 Sub Branch 313 317 +4 3 Cash Offices 345 352 +7 4 Payment Point 169 163 -6 5 ATM 1,476 1,712 +236 6 Layanan bjb Precious 11 11 - 7 MSME Center 6 6 ° 8 Mobile Cash 26 34 +8 9 Weekend Banking 12 12 - 10 Forex Branches 47 50 +3 Tota
Slide 34: Human Capital
Human Capital Level 3Q18 3Q19 YoY Board of Commissioners 5 5 = Directors 6 6 - Top Management 43 38 =5) Middle Management 370 415 +45 First Line Management 1,839 1,807 -32 Staff 5,447 5,335 -112 Employee in Pension Preparation 21 13 -8 Total Permanent 7,731 7,619 -112 Total Non Permanent 691 716 +25
Slide 35: Distribution Network
Distribution Network X bank bjb Jakarta Deposits 21.9 Tr Loans 9.7 Tr Micro Loans 735 bn Profit 224.6 bn 106,221 Customers 9 Branch Offices 58 Sub Branches 5 Cash Offices 1 Payment Point 119 ATM Unit 646 Employees Banten Deposits 12.1 Tr Loans 11.2Tr Micro Loans 524 bn Profit 553 bn 1,000,605 Custom
Slide 36: Shareholders
West Java Provincial Government West Java Municipal Governments Banten Provincial Government Banten Municipal Governments Public (B Series)
Slide 37: Top Brand - Tanda Mata My First awards
Top Brand - Tanda Mata My Warta Ekonomi – Indonesia Economic Review – Infobank – 2nd First (Bank bjb) Innovation Award 2019 Indonesia Corporate Satisfaction Loyalty Top Brand Award 2019 Bank bjb Secretary Communication Engagement Award 2019 Category : Provincial Bank As Innovative Company at Providi
Slide 38: Service excellence and banking awards
Majalah Service Excellence & Direktorat Jenderal Pajak Economic Review - The Big – 3 Itech - TOP IT & TELCO Award 2019 Carre SQM - Contact Center KPP Madya Bandung - The Best Indonesia Sales & Top Digital Transformation in Smart Service Excellence Taxpayers with significant tax Marketing Award III 2
Slide 39: Digital brand and innovation awards
Infobank - Peringkat III Economic Review - The Best Brand Finance SWA WIR - Top 100 Info Brand - Top Innovation Choice Kartu Debit Human Capital Indonesia Most Valuable Brand Award 2019 Kategori : Bank Umum For Bank – Public Company 2019 Tabungan bjb Tandamata My First Konvensional Asset Rp50T s.d.
Slide 40: Marketing and GRC awards
Bandung Marketing Anugerah Humas Top GRC 2019 #4 Top GRC 2019 Champion 2019 Indonesia 2019 Stars The Most Category : Committed GRC Kategori Terpopuler di PT Bank bjb Tbk Commercial Banking Leader 2019 Media Online 2019 Sub Kategori Bank BUMD Infobank Award Bank Berpredikat Best Terminal Best Service
Slide 41: Share price and volume
Volume (LHS) Price (RHS) 3500 200 180 3000 160 2500 140 120 2000 Rp/ share 100 1500 80 60 1000 40 500 20 0 0
Slide 42: Disclaimer
Disclaimer : This report has been prepared by PT Bank Pembangunan Daerah Jawa Barat & Banten, Tbk. (bank bjb) independently and is circulated for the purpose of general information only. It is not intended to the specific person who may receive this report. The information in this report has been ob