Pt Bank Central Asia Tbk · IDX:BBCA
Pt Bank Central Asia Tbk — FY2019 Earnings Presentation
25 slides from Pt Bank Central Asia Tbk's earnings presentation, Feb 20, 2020
Slide 1: FY 2019 Results
Corporate Presentation PT Bank Central Asia Tbk FY 2019 Results Jakarta, 20 February 2020
Slide 2: Agenda
Agenda Always by your side Macro-economy & Banking Industry Highlights • Macro-economy • Banking Industry Highlights BCA FY19 Performance Overview • Financial Highlights • Loans • CASA, Transaction Banking & Digital Channels • Profitability • Sustainability Finance & ESG • Corporate Updates Analysts
Slide 3: Moderate growth in Indonesia macro economy
Moderate growth in Indonesia macro economy Always by your side • Global economic growth remained slow. Inflation and BI Rates (%) Phase 1 US - China trade deal provides 7% some optimism 6% BI 7-day (Reverse) Repo Rate 5.75 6.00 6.00 5.75 5.50 5.25 • BI reduced its benchmark rate by 100 bps 5% 4.75 4
Slide 4: Banking sector saw declining loan demand, higher nominal NPL
Banking sector saw declining loan demand, Always by your side higher nominal NPL Sector: slowing loan growth Banking Industry Financial Summary (Rp trillion) 13.3% Nov-18 Dec-18 Nov-19 ∆YTD ∆YoY Loan (% YoY) 8.4% Total Assets 7,878 8,068 8,411 4.2% 6.8% 7.6% 8.0% 7.1% 7.4% Total Loans 5,160 5,295 5,
Slide 5: Agenda
Agenda Always by your side Macro-economy & Banking Industry Highlights • Macro-economy • Banking Industry Highlights BCA FY19 Performance Overview • Financial Highlights • Loans • CASA, Transaction Banking & Digital Channels • Profitability • Sustainability Finance & ESG • Corporate Updates Analysts
Slide 6: Balanced growth of loans and CASA
Balanced growth of loans and CASA Always by your side (Rp billion) Dec-17 Dec-18 Sep-19 Dec-19 ∆QoQ ∆YoY Total Assets 750,320 824,788 893,594 918,989 2.8% 11.4% Secondary Reserves 109,682 99,380 132,081 118,684 -10.1% 19.4% Marketable Securities & Gov’t Bonds (> 1 year) 67,116 69,844 75,849 85,310 1
Slide 7: Solid PPOP on the back of strong top line growth
Solid PPOP on the back of strong top line growth Always by your side (Rp billion) 1Q19 2Q19 3Q19 4Q19 FY17 FY18 FY19 ∆QoQ ∆YoY Operating Income 16,690 17,552 18,196 19,186 56,984 63,036 71,624 5.4% 13.6% Net Interest Income 11,989 12,642 12,800 13,393 41,858 45,336 50,824 4.6% 12.1% Non Interest Inc
Slide 8: Financial metrics remained sound
Financial metrics remained sound Always by your side Bank Only Dec-17 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 ∆YoY NIM 6.2% 6.1% 6.2% 6.2% 6.2% 6.2% 10bp CIR 44.4% 44.3% 50.0% 46.2% 43.8% 43.7% -60bp BOPO 58.6% 58.2% 65.2% 62.6% 59.8% 59.1% 90bp COC 0.4% 0.5% 0.6% 0.7% 0.8% 0.8% 30bp ROA 3.9% 4.0% 3.5% 3
Slide 9: Business segment supported overall loan growth
Business segment supported overall loan growth Always by your side Business Loans (Consolidated, gross loans, Rp trillion) Loans Breakdown (Rp billion) Working capital Dec-17 Dec-18 Dec-19 ∆YoY (↑10% YoY) 283 291 Corporate 176,998 213,274 236,875 11.1% 265 268 250 258 242 Investment Commercial 227 1
Slide 10: Modest mortgage growth amid slow property sector
Modest mortgage growth amid slow property sector Always by your side Mortgage Portfolio Total Mortgage Portfolio (Rp trillion) Dec-17 Dec-18 Dec-19 ∆YoY (+6.5% YoY) 93.7 92.1 90.7 # Customers Accounts 102,665 107,079 112,525 5.1% 87.9 86.3 86.5 81.5 Total Outstanding (Rp bn) 78,466 87,901 93,656 6.5
Slide 11: Diversified and quality loan portfolio
Diversified and quality loan portfolio Always by your side Composition of BCA Business Loans by Sector (%) 25% BCA Industry 21% (Dec-19) (Nov-19) 20% 16% 12% 9% 6% 7% 7% 5% 4% 3% 4% 3% 2% 1% Trading Manufacturing Financial & Business Agriculture Transportation Electricity, Construction Mining Servic
Slide 12: Ample Loan loss coverage
Ample Loan loss coverage Always by your side Special Mention Composition (% of Total SML) Loan Quality (Rp billion) Dec-17 Dec-18 Dec-19 ∆YoY Corporate Commercial & SME Consumer Current 465,797 532,475 582,698 9.4% Special Mention 7,859 10,968 13,002 18.5% Performing Loans 473,656 543,443 595,700 9.
Slide 13: Sustainable CASA growth, underpinned by strong transaction banking franchise
Sustainable CASA growth, underpinned by strong Always by your side transaction banking franchise Third Party Fund Composition (Rp billion) Third Party Funds (Rp billion) Dec-17 Dec-18 Dec-19 ∆YoY Savings Current Accounts Time Deposits CASA 444,309 483,933 532,013 9.9% 704,791 673,872 683,053 Current
Slide 14: Robust growth in e-channel transactions
Robust growth in e-channel transactions Always by your side Number of Transactions - Quarterly (million) Transactions Value - (Rp trillion) FY17 FY18 FY19 YoY Mobile Banking 1,229 Branch Banking 14,131 14,866 14,586 -1.9% ATM 2,178 2,303 2,322 0.8% Internet Internet Banking 7,694 9,107 10,701 17.5%
Slide 15: Our recent digital initiatives
Our recent digital initiatives Always by your side Customer Retention, Customer Acquisition Experience Enrichment Online account opening via Mobile BCA Cardless transaction BCA Keyboard • Flazz top up • Cardless cash Transactions deposit & via chatting apps withdrawal QRIS QRku VIRA Chat bot - Virtu
Slide 16: Delivered strong results in NII and Non NII
Delivered strong results in NII and Non NII Always by your side Profitability (Rp billion) NIM, Yield and Cost of Funds (Bank Only) Net Interest Income PPOP Earning Assets Yield Cost of Funds NIM Non Interest Income Net Profit 6.13% 6.19% 6.24% 6.23% 6.24% 71,624 63,036 35,383 71.0% 40,880 7.96% 8.0
Slide 17: Sustainability Finance & ESG
Sustainability Finance & ESG Always by your side Journey of Sustainable Finance Rating & Awards Kick Off 2015 Ongoing & 2019-2023 Strategic Plan Vision • One of the first • Growing Sustainable financing “To be the bank of choice movers on Domestic portfolio and a major pillar of the Sustainable Bank
Slide 18: Corporate updates
Corporate updates Always by your side • BCA completed the acquisition of Bank Royal Indonesia on 31 October 2019. Acquisitions • Signed Conditional Sale and Purchase Agreement (CSPA) for the acquisition of Rabobank Indonesia on 11 December 2019. The acquisition is subject to shareholders and regulat
Slide 19: BCA share performance & rating
BCA share performance & rating Always by your side BCA Shareholding Structure (as of 31 December 2019) Performance BBCA vs JAKFIN Index (31 Dec 2018 – 19 Feb 2020) 34% Number Ownership 28.2% of Shares Percentage 30% BCA Share Price PT Dwimuria Investama Andalan * 13,545,990,000 54.94% 26% Anthoni Sa
Slide 20: BCA winning awards - 2019
BCA winning awards - 2019 Always by your side FinanceAsia EuroMoney AsiaMoney Markplus.Inc Obsession Media Group Service Excellence Magazine & Carre – CCSL Contact Center Service Excellence Award 2017 Excellent Award: • Halo BCA – Facebook Customer Service • Halo BCA Chat – Online Chat Customer Serv
Slide 21: BCA winning awards - 2019
BCA winning awards - 2019 Always by your side Infobank & Marketing Infobank Investor Magazine HR Asia Economic Review Infobank Research Indonesia Magazine Banking Service Excellence Awards 2019 For Category Commercial Bank Infobank Digital Brand Awards • Best Mobile Banking (1st place) 2019 • Best D
Slide 22: BCA winning awards - 2019
BCA winning awards - 2019 Always by your side Infobank MillwardBrown & WPP Infobank Think Novate Comm & Property & Bank Marketing Magazine Pikiran Rakyat Magazine & MediaWave Indonesia Property & Bank Infobank Awards 2019 Awards 2019 • BCA – The Most Efficiency • BCA – Top Leader in Top 10 Most Outs
Slide 23: BCA winning awards - 2019
BCA winning awards - 2019 Always by your side Forbes Indonesia Magazine Museum Rekor Dunia Bank Indonesia Infobank CNBC Indonesia Markplus.Inc & Indonesia Indonesia (MURI) Marketing Association (IMA Marketeers Awards 2019 • Armand Hartono – The Best Bank Indonesia Awards 2019 Marketing Champion 2019
Slide 24: BCA winning awards - 2019
BCA winning awards - 2019 Always by your side Human Resources Indonesia Property Watch Gallup Asosiasi Analis Efek Contact Center World Indonesia & CSA Research Golden Property Awards 2019 Gallup Great Workplace Award • BCA – Bank of The Year 2019 2019 HR Excellence Award 2019 • Jahja Setiaatmadja –
Slide 25: Thank you
Thank you DISCLAIMER: This report has been prepared by PT Bank Central Asia Tbk and is circulated for the purpose of general information only. Information is obtained from sources believed to be reliable. No warranty (expressed or implied) is made to the accuracy or completeness of the information.