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 — Q2 2020 Earnings Presentation
40 slides from Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk's earnings presentation, 2020
Slide 1: Analyst Meeting 2Q-2020 Corporate Presentation
Analyst Meeting 2Q - 2020 CORPORATE PRESENTATION PT Bank Pembangunan Daerah Jawa Barat dan Banten, Tbk
Slide 2: Macroeconomic
Macroeconomic 7 Days Reverse Repo (7DRR) Rate 4,25% Declining Indonesia Consumer Confident Index GDP Growth BI Rate 7DRR Customer Confidence Index 8 130,00 7 120,00 6 110,00 Index (pts) (%) 5 100,00 4 90,00 3 80,00 2 70,00 Source: Bloomberg Source: Bloomberg Inflation 1,96% YoY IDR Stable Againts US
Slide 3: Banking Sector
Banking Sector As of April 2020, banking sector data shows: 20,00 Loans Growth Deposit Growth • Loans +5,82% YoY to Rp5.676 tr (Investment Loans 16,00 +9,08% YoY, Working Capital +4,84% YoY, Consumer YoY Growth (%) 12,00 Loans +4,10% YoY) 8,00 • Deposit +8,08% YoY to Rp6.128 tr (CASA +2,35% YoY, 4,0
Slide 4: 2Q-2020 Performance: Consolidated
2Q – 2020 Performance Consolidated
Slide 5: Result Summary
Result Summary • Net Interest Income at Rp 3.1 tr (+3.6% YoY) Income • PPOP at Rp 1.0 tr (-14.1% YoY) Statement • LLP at Rp 46 bn (-63.3% YoY) • Net Income at Rp 808 bn (+0.7% YoY) • Total Loans at Rp 85.8 tr (+9.8% YoY) Balance • Total Financing at Rp 5.5 tr (+8.7% YoY) Sheet • Total Deposits at Rp
Slide 6: Income Statement
Income Statement Income Statement Positioning YoY YoY (Rp bn) 2Q19 2Q20 (%) Interest Income 5,921 6,047 2.1% 125 Interest Expense 2,952 2,972 0.7% 20 Net Interest Income 2,970 3,075 3.6% 106 Fee Based Income 436 459 5.3% 23 Operating Expense 2,262 2,601 15.0% 339 Gain (Loss) on Financial Statement 6
Slide 7: Balance Sheet
Balance Sheet Balance Sheet YoY 2Q19 3Q19 FY19 1Q20 2Q20 (Rp bn) (%) Cash 2,325 1,997 3,161 2,019 2,175 -6.5% Current Account with BI 5,388 5,744 6,512 4,249 1,921 -64.3% Secondary Reserves 25,175 24,011 21,013 23,535 24,525 -2.6% Loans - net 76,848 80,451 81,182 80,769 84,007 9.3% Financing - net 4
Slide 8: Key Ratios (bank only)
Key Ratios (bank only) Key Ratios 2Q19 3Q19 FY19 1Q20 2Q20 Profitability ROA (net) 1.4 1.3 1.3 1.4 1.3 ROE (net) 12.2 11.6 12.0 12.4 12.3 Cost Ratios Cost to Income Ratio 67.5 67.5 68.4 68.1 73.7 Expenses Ratio 83.0 84.1 84.2 83.2 84.2 Yield Asset Yield 11.0 11.0 11.0 10.5 10.6 Cost of Fund 5.4 5.4
Slide 9: 2Q-2020 Performance: Bank Only Details
2Q – 2020 Performance Bank Only Details
Slide 10: Target vs Realization
Target vs Realization (%) Target 2Q19 3Q19 FY19 1Q20 2Q20 Loans Growth 4% - 5% 8.2 9.8 8.7 9.2 9.9 Deposit Growth 9% - 10% 7.4 10.0 2.1 3.7 1.2 ROA (net) 1.30% - 1.35% 1.4 1.3 1.3 1.4 1.3 ROE (net) 12.00% - 12.50% 12.2 11.6 12.0 12.4 12.3 NIM 5.40% - 5.70% 5.7 5.7 5.7 5.5 5.6 Cost of Fund 5.20% - 5.
Slide 11: Loans Breakdown
Loans Breakdown Consumer Micro Commercial Mortgage Segment YoY 2Q19 2Q20 90 (Rp bn) (%) 80 6,4 Consumer 54,151 58,366 7.8% 6,2 6,2 6,4 6,1 5,7 5,8 5,9 14,6 Micro 5,776 6,060 4.9% 70 5,6 13,0 14,0 13,2 11,8 12,2 11,0 60 12,4 14,1 5,8 6,1 Commercial 11,809 14,602 23.7% 5,8 5,8 5,8 5,5 5,5 5,2 5,3 Mort
Slide 12: Consumer Loans
Consumer Loans Civil Servant Loans (LHS) Pensioner Loans (LHS) NPL (RHS) YoY Key Indicators 2Q19 2Q20 (%) 70 1,0 Loans 54,151 58,366 7.8% 0,9 Outstanding 60 0,8 Net Expansion YtD 2,672 2,056 -23.0% 50 16,3 (Rp bn) 15,7 16,1 0,7 15,3 13,8 14,8 12,9 Avg. Loans 10,9 11,3 0,6 40 Outstanding 123.4 122.6
Slide 13: Micro Loans
Micro Loans KMU (LHS) Govt Program (LHS) YoY Key Indicators 2Q19 2Q20 Others (LHS) NPL (RHS) (%) 7,0 4,5 Loans 5,776 6,060 4.9% Outstanding 4,0 Net Expansion 6,0 YtD 320 304 -4.9% 3,5 (Rp bn) 5,0 Avg. Loans 3,0 Outstanding 182 167 -8.1% 3,3 3,1 3,0 3,0 (Rp mn) 3,2 4,0 3,1 3,1 2,5 3,0 3,1 No of Accou
Slide 14: Commercial Loans
Commercial Loans Working Capital (LHS) Investment (LHS) YoY Syndicated (LHS) NPL (RHS) Key Indicators 2Q19 2Q20 (%) 16,0 15,0 Loans 14,0 11,809 14,602 23.7% Outstanding 14,0 1,5 13,0 1,6 1,2 Net Expansion 1,1 0,8 12,0 1,0 1,3 YtD (436) 1,377 415.6% 12,0 1,3 (Rp bn) 1,0 11,0 1,9 1,5 1,4 1,1 10,0 10,0
Slide 15: Mortgage Loans
Mortgage Loans Mortgage Loans (LHS) NPL (RHS) YoY Key Indicators 2Q19 2Q20 6,60 15,0 (%) 6,4 14,0 Loans 6,067 6,440 6.2% 6,4 Outstanding 6,40 13,0 12,0 Net Expansion 6,2 6,2 11,0 YtD 256 216 -15.7% 6,20 (Rp bn) 10,0 6,1 9,0 Avg. Loans 6,00 5,9 Outstanding 226 219 -3.4% 8,0 (Rp mn) (Rp tr) (%) 5,8 7,
Slide 16: Deposit Breakdown
Deposit Breakdown Current Account Savings Account Time Deposit Deposits YoY 100 Breakdown 2Q19 2Q20 (%) (Rp bn) 90 Current Account 27,117 26,496 -2.3% 80 Saving Account 18,826 19,919 5.8% 70 44,9 43,4 44,0 40,5 45,3 40,5 43,4 42,0 60 43,2 Time Deposit 43,386 43,966 1.3% (Rp tr) 50 TOTAL 89,329 90,38
Slide 17: Special Mention Loans
Special Mention Loans Consumer (LHS) Micro (LHS) Commercial (LHS) Consumer Micro Commercial Mortgage Mortgage (LHS) % to Loans (RHS) 100% 3.000 4,0 90% 34 31 34 37 34 35 37 80% 40 37 3,5 2.500 876 Absolute Special Mention Loans (Rp bn) 70% 3,0 Special Mention/Total Loans (%) Special Mention Contribu
Slide 18: Non Performing Loans
Non Performing Loans Consumer (LHS) Micro (LHS) Commercial (LHS) Mortgage (LHS) % to Loans (RHS) Consumer Micro Commercial Mortgage 1.600 1,8 100% 90% 21 20 1.400 25 23 25 24 23 24 26 1,8 324 80% 1.200 327 324 350 Absolute Non Performing Loans (Rp bn) Non Performing Loan/Total Loans (%) 260 1,7 257
Slide 19: Yield Analysis
Yield Analysis Others Placement 1,5% to BI Asset Yield 4,1% 2Q19 2Q20 (%) Interbank Placement… Placement to Bank 2.4 1.3 Indonesia Marketable Interbank Placement 4.1 4.0 Securities Loans 15,4% Securities 7.5 6.4 77,4% Loans Yield 12.9 12.3 Interbank Lending Cost of Fund Bonds 2Q19 2Q20 9,5% 4,7% (%)
Slide 20: Capital Adequacy
Capital Adequacy •Total Capital Rp 11.4 tr (+Rp 1.0 Tr YoY) Risk Weighted YoY 2Q19 2Q20 Asset (RWA) (%) • Total CAR at 16.7% (-22 bps YoY) Total RWA 61,418 68,329 11.3% Addition to Net Impact Credit Risk 47,361 52,726 11.3% Risk RWA/ CAR Analysis to CAR Weighting Rp1tr Net (%) Operational Risk 12,93
Slide 21: Consumer Loan Details
\ ~ bank bjb Consumer Loan Details
Slide 22: Civil Servant Loans
Civil Servant Loans Civil Servant Loans (LHS) NPL (RHS) YoY Key Indicators 2Q19 2Q20 45 0,5 (%) 42,1 40,6 40 38,5 39,4 Loans Outstanding 39,378 42,088 6.9% 37,8 41,1 40,2 39,1 37,8 0,4 Net Expansion 35 YtD 845 1,481 75.3% (Rp bn) 30 Avg. Loans 0,3 Outstanding 115 114 -0.9% 25 (Rp mn) (Rp tr) (%) 20
Slide 23: Pensioner Loans
Pensioner Loans YoY Pensioner Loans (LHS) NPL (RHS) Key Indicators 2Q19 2Q20 (%) 18 0,3 16,3 Loans 14,774 16,277 10.2% 16 15,7 Outstanding 14,8 16,1 15,3 Net Expansion 14 YtD 1,827 575 -68.5% 12,9 13,8 (Rp bn) 12 0,2 10,9 Avg. Loans 11,3 Outstanding 10 154 153 -0.3% (Rp mn) (Rp tr) (%) 8 No of Accou
Slide 24: Sharia Business Performance
Sharia Business Performance 2Q – 2020 bank bjb Sharia
Slide 25: Result Summary (Sharia)
Result Summary • Net Financing Income at Rp 177.5 bn (+0.1% YoY) Income • PPOP at Rp 18.4 bn (-2.8% YoY) Statement • Net Income at Rp 12.3 bn (+7.2% YoY) • Total Financing at Rp 5.5 tr (+8.7% YoY) Balance • Total Deposits at Rp 5.4 tr (-1.4% YoY) Sheet • Total Asset at Rp 7.4 tr (+5.0% YoY) • NIM at
Slide 26: Income Statement (Sharia)
Income Statement Income Statement YoY 2Q19 2Q20 (Rp mn) (%) Financing Income 332,764 332,245 -0.2% Financing Expense 155,510 154,792 -0.5% Net Financing Income 177,254 177,453 0.1% Other Operating Income 9,719 11,671 20.1% Operating Expense 168,000 170,681 1.6% PPOP 18,972 18,442 -2.8% Loan Loss Pro
Slide 27: Balance Sheet (Sharia)
Balance Sheet BS highlight YoY 2Q19 2Q20 (Rp Mn) (%) Cash 75,424 69,877 -7.4% Current Account with Bank Indonesia 335,722 99,454 -70.4% Secondary Reserves 1,062,486 1,234,605 16.2% Financing-net 4,900,906 5,327,347 8.7% Fixed Asset-net 296,514 300,916 1.5% Other Asset 332,201 322,313 -3.0% Total Ass
Slide 28: Key Ratios (Sharia)
Key Ratios Sharia 2Q19 2Q20 YoY (%) CAR 16.3 16.0 -0.3 NPF Gross 3.9 4.0 +0.1 NPF Nett 1.7 1.8 +0.1 ROA 0.5 0.4 -0.1 ROE 3.4 3.6 +0.2 BOPO 95.5 95.2 -0.3 FDR 91.2 100.7 9.5 NIM 6.1 5.4 -0.7 28
Slide 29: Sharia Performance
Sharia Performance Financing YoY 2Q19 2Q20 (Rp mn) (%) Murabahah 3,350,805 3,674,762 9.7% Qardh 66,980 94,319 40.8% Financing 1,608,673 1,695,893 5.4% Istishna 3,059 2,146 -29.8% Total Gross Financing 5,029,517 5,467,120 8.7% Funding YoY 2Q19 2Q20 (Rp mn) (%) Wadiah Current Account 84,631 77,061 -8.
Slide 30: Company Profile
\ ~ bank bjb Company Profile bank bjb
Slide 31: Board of Commissioners
Board of Commissioners 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 Independen
Slide 32: Board of Directors
Board of Directors 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 Banking Last
Slide 33: Branch Network Details
Branch Network Details No bjb Network 2Q19 2Q20 YoY 1 Branch 65 65 - 2 Sub Branch 316 314 -2 3 Cash Offices 351 350 -1 4 Payment Point 171 171 - 5 ATM 1,734 1,747 13 6 Layanan bjb Precious 18 18 - 7 MSME Center 6 6 - 8 Mobile Cash 36 51 15 9 Weekend Banking 12 12 - 10 Forex Branches 56 56 - Total 2,
Slide 34: Human Capital
Human Capital Educational Breakdown Level 2Q19 2Q20 YoY Master of Up to Bachelor Doctorare Board of Commissioners 5 5 - Degree 9% 91% Directors 6 6 - Top Management 41 38 -3 Middle Management 402 402 - First Line Management 1,784 1837 53 Staff 5,440 5363 -77 Employee in Pension Preparation 12 8 -4 A
Slide 35: Distribution Network
Distribution Network Deposits 56.1 Tr Deposits 21.1 Tr Deposits 10.8 Tr Deposits 2.3 Tr Loans 52.1 Tr Loans 12.3 Tr Loans 12.0 Tr Loans 9.0 Tr Micro Loans 2.8 Tr Micro Loans 730 bn Micro Loans 521 bn Micro Loans 1.96 Tr Profit West Java 1.6 Tr Profit 202.6 bn Profit 382 bn Profit 162 bn 3,794,852 Cu
Slide 36: Ownership
Ownership Ownership Structure 2Q19 2Q20 Founder (A Series) 75.36 75.36 West Java Provincial Government West Java Municipal Governments West Java Provincial Government 38.18 38.18 Banten Provincial Government Banten Municipal Governments West Java Municipal Governments 24.03 24.03 Public (B Series) B
Slide 37: 2020 Awards
2020 Awards 1st The Best Innovative Company for The Best Innovation in The Best Banking in Corporate Secretary & Digital Transformation Digital Banking Financial Inclusion Corporate Communication Implementation in Bank BUKU III Bank BUKU III Artajasa Award 2020 Artajasa Award 2020 V – 2020 Banking S
Slide 38: 2020 Awards
2020 Awards Indonesia Corporate 9th Digital Brand 9th Digital Brand Branding PR Award Awards 2020 Awards 2020 Excellence in Corporate Public 3rd Rank 3rd Rank Relations Commercial Bank (BUKU III) Saving Account Asset Class › IDR100 Trillion Commercial Bank (BUKU III) Asset Class › IDR100 Trillion 9t
Slide 39: Share Price Performance
Share Price Performance Volume Price Investor Relations Group 4.000 300 Menara bank bjb 7th Floor Jl. Naripan 12 – 14 Bandung 40111 3.500 +6222 4234868 250 ext 7140/7141 ir@bankbjb.co.id 3.000 200 2.500 Contact Person: Million Shares Devi Fajar Nugraha Rp/Share 2.000 150 IR Head dinugraha@bankbjb.co
Slide 40: Menara bank bjb contact and disclaimer
Menara bank bjb Jl. Naripan 12 – 14 7th Floor Bandung 40111 Telp. +6222 4234868 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 specifi
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