Union Bank Of Colombo Plc · CSELK:UBC.N0000

Union Bank Of Colombo — FY2018 Earnings Presentation

13 slides from Union Bank Of Colombo's earnings presentation, 2019

  1. Slide 1: Investor Presentation 2018 performance

    Investor Presentation 2018 performance 1

  2. Slide 2: Vision

    Vision Vision: “Our Vision is to be the innovator of Banking Solutions to the wider Corporate, SME and Retail Segments and to be their Bank of choice, through professional and empowered people”. Mission:  To our customers we provide the means of economic up liftment through customized banking and f

  3. Slide 3: CEO's message

    CEO’s message “2018 was a year that placed heavy demands on the banking industry which faced multiple headwinds in the economic and political spheres. With a cohesive strategic realignment, Union Bank remained resilient and showcased impressive progress and financial performance with outstanding gro

  4. Slide 4: Bank's profit before all taxes Rs.1,248Mn

    Bank’s profit before all taxes Rs.1,248Mn Income Statement (Rs.Mn) FY 2018 FY 2017 Growth % Net i nteres t i ncome 3,652 3,046 19.9% Net fee a nd commi s s i on i ncome 833 673 23.7% Net Tra di ng a nd other Opera ti ng i ncome 800 656 21.9% Total operating income 5,285 4,376 20.8% Impa i rment Cha

  5. Slide 5: Fees & commission income recorded 23.6% growth

    Fees & commission income recorded 23.6% growth Net Interest Income (Rs.Mn) Fees & Commission (Rs.Mn) 968 3,652 783 3,046 667 2,507 2,022 1,763 227 169 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 • A significant improvement of Rs. 606 Mn YoY which translated to • Fee and commission income which

  6. Slide 6: Operating expense increased by 11.5% only

    Operating expense increased by 11.5% only Net Trading & Other Income (Rs.Mn) Operating Expenses (Rs.Mn) 800 3,729 3,345 656 656 3,009 637 2,335 1,639 406 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 • Net trading & other income growth of Rs.144Mn which • Operating expenses increased by Rs.384Mn

  7. Slide 7: Operating margin increased by 50.9%

    Operating margin increased by 50.9% Operating Margin (Rs.Mn) Operating Income 1,600 (Rs.Mn) 1,400 5,285 1,200 1,000 4,376 800 2017 2018 600 400 Operating Expense 200 (Rs.Mn) - 3,729 2014 2015 2016 2017 2018 • The overall growth in core banking activities and consistent 3,345 performance across all a

  8. Slide 8: Impairment and asset quality

    Impairment and asset quality Impairment (Rs.Mn) NPL Ratio (%) 541 8.3% 342 249 3.6% 3.7% 177 152 2.7% 2.4% 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 • The Bank adopted SLFRS 9 with effect from 1st • Gross NPL ratio was 3.7% and net NPL ratio was 2.5%. January 2018. The comparative impairment

  9. Slide 9: Bank balance sheet

    Bank balance sheet Balance Sheet (Rs.Mn) 2018 2017 Growth % Trea s ury As s ets 40,884 35,279 15.9% Loa ns & Adva nces 73,749 70,578 4.5% Ca s h & Ba l a nce wi th CB 7,138 8,483 -15.9% Other As s ets 4,149 4,667 -11.1% Total Assets 125,920 119,007 5.8% Borrowi ngs 28,240 28,820 -2.0% Cus tomer Depo

  10. Slide 10: CASA growth of 14.8%

    CASA growth of 14.8% Net Loans (Rs.Mn) CASA (Rs.Mn) 18,719 73,749 16,310 70,578 55,438 12,358 40,095 9,039 6,914 25,944 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 • The Bank’s loans and receivables increased by Rs.3,171 Mn, • CASA recorded Rs. 2,410 Mn growth which translated to a growth of 4

  11. Slide 11: Group's profit before all taxes Rs.1,415Mn

    Group’s profit before all taxes Rs.1,415Mn Group Income Statement (Rs.Mn) FY 2018 FY 2017 Growth % Net interes t income 4,466 3,702 20.6% Net fee a nd commis s ion income 958 827 15.8% Net Loans Net Tra ding a nd other Opera ting income 835 733 14.0% (Rs.Mn) Total operating income 6,258 5,261 18.9%

  12. Slide 12: Key performance indicators

    Key performance indicators Key Peformance Indicators Bank Group Regulatory Capital Ratios (%) 2018 2017 2018 2017 Common Equity Tier 1 Capital Ratio (Minimum Requirement - 6.375%) 17.41% 18.85% 16.47% 18.09% Tier 1 Capital Ratio (Minimum Requirement - 7.875%) 17.41% 18.85% 16.47% 18.09% Total Capita

  13. Slide 13: Corporate Information

    Corporate Information Board of Directors Legal Form Name Title A Public Limited Liability Company incorporated in Sri Atul Malik Chairman/Non-Ind. Non-Exec. Director Lanka under the Companies Act No. 17 of 1982. Re- Priyantha Fernando Deputy Chairman/ Ind. Non Exec. Director registered under the Com

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