Cimb Group Holdings Bhd · MYX:CIMB
Cimb Group Holdings Bhd — Q1 2016 Earnings Presentation
68 slides from Cimb Group Holdings Bhd's earnings presentation, May 26, 2016
Slide 1: Analyst Presentation 1Q16 Results
Analyst Presentation 1Q16 Results 26 May 2016
Slide 2: Agenda
Agenda 1. Key Highlights 2. CIMB Group 1Q16 Financials 3. PBT by Segment 3.1 Regional Consumer Banking 3.2 Regional Commercial Banking 3.3 Regional Wholesale Banking 3.4 Group Asset Management & Investments 3.5 Group Funding 3.6 CIMB Islamic 4. T18 Updates 5. Final Remarks 2
Slide 3: 1. Key Highlights
CIMB Group : 1Q16 Results 1. Key Highlights
Slide 4: Key Financial Highlights
Key Financial Highlights Operating Income (RM ‘mil) Overhead Expenses (RM ‘mil) Loan Impairment (RM ‘mil) -13.2% Y-o-Y +1.2% Y-o-Y <+0.1% Y-o-Y -19.7% Q-o-Q -7.8% Q-o-Q -2.0% Q-o-Q ~ (579) 4,041 (536) 3,680 3,725 (2,180) (465) ^ (2,136) (2,137) 1Q15 4Q15 1Q16 1Q15 4Q15 1Q16 1Q15 4Q15 1Q16 BAU BAU BA
Slide 5: Key Ratios
Key Ratios ROE NIM CI -30bps Y-o-Y -3bps Y-o-Y -60bps Y-o-Y -50bps Q-o-Q -4bps Q-o-Q +350bps Q-o-Q 8.4% ~ ^ ^ 2.65% 2.66% 58.0% 57.4% 8.2% 2.62% ~ 7.9% 53.9% 1Q15 4Q15 1Q16 1Q15 4Q15 1Q16 1Q15 4Q15 1Q16 BAU BAU BAU BAU BAU BAU LD CASA Loan Loss Charge +130bps Y-o-Y -15bps Y-o-Y +30bps Y-o-Y +130bps
Slide 6: PBT By Segments
PBT By Segments 1Q16 1Q15^ Group Funding Group Funding GAMI (6%) GAMI 5% 7% 5% Consumer Consumer Banking Wholesale Banking Wholesale 40% Banking 50% Banking 36% 32% Commercial Commercial Banking Banking 13% 18% 1Q16 PBT Growth by Key Divisions Consumer Commercial Wholesale Group Asset Group Banking
Slide 7: PBT By Country
PBT By Country 1Q16* 1Q15*^ Others Others Singapore 4% Singapore 1% 5% 10% Thailand Thailand 7% 5% Indonesia Indonesia 4% Malaysia 10% Malaysia 80% 74% 1Q16* PBT Y-o-Y Growth by Key Countries PPOP Y-o-Y -8.2% +17.5% +41.7% -10.7% PBT Y-o-Y +1.3% +158.3% +51.7% -42.1% # PBT Q-o-Q -21.8% + 13.8% ~ +20
Slide 8: 2. CIMB Group 1Q16 Financials
CIMB Group : 1Q16 Results 2. CIMB Group 1Q16 Financials
Slide 9: Quarterly Earnings Trend
Quarterly Earnings Trend 13.0% 10.7% 9.8% 8.2% 9.0% 9.1% 8.4% 7.9% 2.7% RM ’mil 4,041 3,680 3,834 3,840 3,725 3,538 3,407 3,529 3,545 1,431 1,281 1,179 1,026 1,199 1,209 1,164 1,123 1,066 950 890 902 782 877 850 814 386 252 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 Operating income* PBT* Net prof
Slide 10: Earnings Summary
Earnings Summary 1Q15 4Q15 (RM ‘mil) 1Q16 Y-o-Y Q-o-Q BAU* BAU^ Net interest income 2,731 2,517 8.5% 2,810 (2.8%) Non interest income 994 1,163 (14.5%) 1,231 (19.3%) Operating income 3,725 3,680 1.2% 4,041 (7.8%) Overhead expenses (2,137) (2,136) <0.1% (2,180) (2.0%) PPOP 1,588 1,544 2.8% 1,861 (14.
Slide 11: Key Ratios
Key Ratios 1Q15 4Q15 (%) 1Q16 Y-o-Y Q-o-Q BAU* BAU^ ROE ~ 7.9 8.2 8.4 NIM ~** 2.62 2.65 2.66 Non-interest income / total income 26.7 31.6 30.5 Cost to income 57.4 58.0 53.9 Allowance coverage # 84.8 84.2 84.7 Loan loss charge ~ 0.64 0.79 0.78 Gross impaired loans ratio 3.0 3.2 3.0 Net impaired loans
Slide 12: Operating Expenses
Operating Expenses 1Q15 4Q15 (RM ‘mil) 1Q16 Y-o-Y Q-o-Q BAU* BAU^ Personnel 1,155 1,209 (4.5%) 1,174 (1.6%) Establishment 517 487 6.2% 487 6.2% Marketing 83 96 (13.5%) 88 (5.7%) Admin & General 382 344 11.0% 431 (11.4%) Total 2,137 2,136 <0.1% 2,180 (2.0%) Total (Actual) 2,137 2,338 (8.6%) 2,212 (3.
Slide 13: Gross Loans Growth
Gross Loans Growth Loans by Country as at 31 Mar 16 # Divisions / Products (RM ‘bil) 31 Mar 16 31 Mar 15 Y-o-Y 31 Dec 15 Q-o-Q Others Consumer Banking (51.4%) 147.5 134.1 10.0% 147.8 (0.2%) 7% Singapore Mortgages 72.5 64.5 12.4% 72.2 0.4% 12% Term Loans 33.2 31.3 6.1% 33.4 (0.6%) Thailand 8% Malaysi
Slide 14: Deposits Growth
Deposits Growth Deposits by Country as at 31 Mar 16 Divisions / Products (RM ‘bil) 31 Mar 16 31 Mar 15 Y-o-Y 31 Dec 15 Q-o-Q Others Consumer Banking (42.0%) 134.3 123.3 8.9% 134.9 (0.4%) 7% Singapore Commercial Banking (13.2%) 42.3 38.7 9.3% 42.9 (1.4%) 12% Wholesale Banking # (44.8%) 143.0 137.3 4.
Slide 15: CASA Growth
CASA Growth CASA by Country as at 31 Mar 16 Country (RM ‘bil) 31 Mar 16 31 Mar 15 Y-o-Y 31 Dec 15 Q-o-Q Others Malaysia 61.2 59.6 2.7% 60.8 0.7% Singapore 5% 10% Indonesia ** 26.5 22.4 18.3% 26.0 1.9% Thailand 8% Thailand 9.2 6.8 35.3% 9.3 (1.1%) Malaysia Singapore 10.9 11.5 (5.2%) 11.4 (4.4%) 54% O
Slide 16: Capital Management : CIMB Group
Capital Management : CIMB Group Capital Ratios Min Req. CET1 5.125% + 10.4% # 10.6% # 10.0% 9.7% ^ 9.3% ^ + # # 11.2% ^ 11.8% 11.8% Tier 1 6.625% 11.0% 10.6% ^ + # # ^ 15.4% 14.3% 14.0% ^ 13.4% 15.4% Total Capital 8.625% Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Leverage Ratio (times) Gearing Ratio Double
Slide 17: 3. PBT by Segment
CIMB Group : 1Q16 Results 3. PBT by Segment
Slide 18: PPOP by Segments
PPOP by Segments 1Q15 4Q15 PPOP (RM ‘mil) 1Q16 Y-o-Y Q-o-Q BAU* BAU^ Consumer Banking (43.1%) 685 590 16.1% 633 8.2% Commercial Banking (15.1%) 240 174 37.9% 242 (0.8%) Wholesale Banking (44.1%) 699 695 0.6% 767 (8.9%) Corporate Banking (28.8%) 457 473 (3.4%) 488 (6.4%) Treasury & Markets ~ (16.1%)
Slide 19: PBT by Segments
PBT by Segments 1Q15 4Q15 PBT (RM ‘mil) 1Q16 Y-o-Y Q-o-Q BAU* BAU^ Consumer Banking (49.6%) 557 411 35.5% 392 42.1% Commercial Banking (13.0%) 146 186 (21.5%) 171 (14.6%) Wholesale Banking (36.4%) 408 327 24.8% 483 (15.5%) Corporate Banking (16.0%) 180 103 74.8% 219 (17.8%) Treasury & Markets ~ (22.
Slide 20: 3.1 Regional Consumer Banking
CIMB Group : 1Q16 Results 3.1 Regional Consumer Banking
Slide 21: Consumer Banking
Consumer Banking (RM ‘mil) 1Q16 1Q15 Y-o-Y 4Q15 Q-o-Q Net interest income 1,289 1,219 5.7% 1,291 (0.2%) Non interest income 440 394 11.7% 420 4.8% Operating income 1,729 1,613 7.2% 1,711 1.1% Overhead expenses (1,044) (1,023) 2.1% (1,078) (3.2%) PPOP 685 590 16.1% 633 8.2% (Provisions) / Writeback (
Slide 22: Consumer Banking : Gross Loans
Consumer Banking : Gross Loans Country 31 Mar 16 31 Mar 15 Y-o-Y 31 Dec 15 Q-o-Q Malaysia (RM ‘bil) 112.5 102.9 9.3% 111.0 1.4% Indonesia (IDR ‘bil) 51,935 50,526 2.8% 51,973 (0.1%) Thailand (THB ‘bil) 96.0 86.4 11.1% 93.6 2.6% Singapore (SGD ‘mil) 2,780 2,427 14.5% 2,798 (0.6%) Others * (RM ‘bil) 0
Slide 23: Consumer Banking : Deposits
Consumer Banking : Deposits Country 31 Mar 16 31 Mar 15 Y-o-Y 31 Dec 15 Q-o-Q Malaysia (RM ‘bil) 83.7 75.5 10.9% 81.6 2.6% Indonesia (IDR ‘bil) 89,129 86,796 2.7% 92,216 (3.3%) Thailand (THB ‘bil) 92.6 123.9 (25.3%) 103.7 (10.7%) Singapore (SGD ‘mil) 4,936 4,168 18.4% 4,631 6.6% Others * (RM ‘bil) 0
Slide 24: 3.2 Regional Commercial Banking
CIMB Group : 1Q16 Results 3.2 Regional Commercial Banking
Slide 25: Commercial Banking
Commercial Banking (RM ‘mil) 1Q16 1Q15 Y-o-Y 4Q15 Q-o-Q Net interest income 431 375 14.9% 435 (0.9%) Non interest income 78 84 (7.1%) 71 9.9% Operating income 509 459 10.9% 506 0.6% Overhead expenses (269) (285) (5.6%) (264) 1.9% PPOP 240 174 37.9% 242 (0.8%) (Provisions) / Writeback (94) 12 (883.3%
Slide 26: Commercial Banking : Gross Loans
Commercial Banking : Gross Loans Country 31 Mar 16 31 Mar 15 Y-o-Y 31 Dec 15 Q-o-Q Malaysia (RM ‘bil) 14.4 12.4 16.1% 14.4 0.0% Indonesia (IDR ‘bil) 33,283 35,345 (5.8%) 34,184 (2.6%) Thailand (THB ‘bil) 48.8 50.5 (3.4%) 50.6 (3.6%) Singapore (SGD ‘mil) 2,586 3,332 (22.4%) 2,634 (1.8%) Others * (RM
Slide 27: Commercial Banking : Deposits
Commercial Banking : Deposits Country 31 Mar 16 31 Mar 15 Y-o-Y 31 Dec 15 Q-o-Q Malaysia (RM ‘bil) 18.2 17.2 5.8% 18.0 1.1% Indonesia (IDR ‘bil) 34,349 34,937 (1.7%) 32,724 5.0% Thailand (THB ‘bil) 18.2 17.0 7.1% 17.7 2.8% Singapore (SGD ‘mil) 3,994 3,190 25.2% 3,776 5.8% Others * (RM ‘bil) 0.3 0.5
Slide 28: 3.3 Regional Wholesale Banking
CIMB Group : 1Q16 Results 3.3 Regional Wholesale Banking
Slide 29: ASEAN Capital Markets Activities
ASEAN Capital Markets Activities Industry ASEAN ECM Industry ASEAN DCM USD ‘mil USD ‘mil -89.7% Y-o-Y +2.5% Y-o-Y -91.5% Q-o-Q 5,400 17,480 -82.1% Q-o-Q 3,093 554 1,457 1,494 1Q15 4Q15 1Q16 1Q15 4Q15 1Q16 Industry ASEAN IPO Industry ASEAN M&A USD ‘mil USD ‘bil -87.5% Y-o-Y +51.6% Y-o-Y 1,764 -84.2%
Slide 30: Wholesale Banking
Wholesale Banking 1Q15 (RM ‘mil) 1Q16 Y-o-Y 4Q15 Q-o-Q BAU* Net interest income 917 826 11.0% 963 (4.8%) Non interest income 435 519 (16.2%) 506 (14.0%) Operating income 1,352 1,345 0.5% 1,469 (8.0%) Overhead expenses (653) (650) 0.5% (702) (7.0%) PPOP 699 695 0.6% 767 (8.9%) (Provisions) / Writebac
Slide 31: Wholesale Banking : Corporate Banking
Wholesale Banking : Corporate Banking (RM ‘mil) 1Q16 1Q15 Y-o-Y 4Q15 Q-o-Q Net interest income 580 552 5.1% 605 (4.1%) Non interest income 124 151 (17.9%) 141 (12.1%) Operating income 704 703 0.1% 746 (5.6%) Overhead expenses (247) (230) 7.4% (258) (4.3%) PPOP 457 473 (3.4%) 488 (6.4%) (Provisions)
Slide 32: Wholesale Banking : Gross Loans
Wholesale Banking : Gross Loans Country 31 Mar 16 31 Mar 15 Y-o-Y 31 Dec 15 Q-o-Q Malaysia (RM ‘bil) 32.2 30.9 4.2% 32.4 (0.6%) Indonesia (IDR ‘bil) 85,803 88,082 (2.6%) 91,199 (5.9%) Thailand (THB ‘bil) 52.3 48.4 8.1% 51.6 1.4% Singapore (SGD ‘mil) 5,552 4,917 12.9% 5,403 2.8% Others * (RM ‘bil) 17
Slide 33: Wholesale Banking : Deposits
Wholesale Banking : Deposits Country 31 Mar 16 31 Mar 15 Y-o-Y 31 Dec 15 Q-o-Q Malaysia (RM ‘bil) 54.6 62.5 (12.6%) 53.6 1.9% Indonesia (IDR ‘bil) 49,261 59,915 (17.8%) 53,593 (8.1%) Thailand (THB ‘bil) 46.7 44.5 4.9% 48.8 (4.3%) Singapore (SGD ‘mil) 2,891 1,988 45.4% 3,247 (11.0%) Others * (RM ‘bil
Slide 34: Wholesale Banking : Treasury & Markets
Wholesale Banking : Treasury & Markets (RM ‘mil) 1Q16 1Q15 Y-o-Y 4Q15 Q-o-Q Net interest income 292 238 22.7% 317 (7.9%) Non interest income 111 122 (9.0%) 125 (11.2%) Operating income 403 360 11.9% 442 (8.8%) Overhead expenses (148) (145) 2.1% (173) (14.5%) PPOP 255 215 18.6% 269 (5.2%) (Provisions
Slide 35: Wholesale Banking : Investment Banking
Wholesale Banking : Investment Banking 1Q15 (RM ’mil) 1Q16 Y-o-Y 4Q15 Q-o-Q BAU^ Net interest income 45 36 25.0% 41 9.8% Non interest income 200 246 (18.7%) 240 (16.7%) Operating income 245 282 (13.1%) 281 (12.8%) Overhead expenses (258) (275) (6.2%) (271) (4.8%) PPOP (13) 7 (285.7%) 10 (230.0%) (Pr
Slide 36: IB Market Share and Ranking (1)
IB Market Share and Ranking (1) 1Q16 1Q15 1Q16 1Q15 Market Market Market Market Rank Rank Rank Rank Share Share Share Share Cash Equities 9.7% 3 11.8% 1 Cash Equities 4.6% 3 5.3% 2 IPO 49.8% 1 - - IPO - - - - ECM 48.3% 1 45.3% 1 ECM - - - - EQL Products - - - - EQL Products - - - - M&A 7.8% 1 24.0%
Slide 37: IB Market Share and Ranking (2)
IB Market Share and Ranking (2) 1Q16 1Q15 1Q16 1Q15 Market Market ASEAN Market Market Rank Rank Rank Rank Share Share Share Share Cash Equities 0.3% 58 0.4% 45 Cash Equities 7.3% 2 7.2% 2 IPO 0.9% 18 - - IPO 39.8% 1 1.1% 8 ECM 0.5% 33 1.9% 15 ECM 16.9% 2 8.7% 5 EQL Products - - - - EQL Products - -
Slide 38: 3.4 Group Asset Management & Investments
CIMB Group : 1Q16 Results 3.4 Group Asset Management & Investments
Slide 39: Group Asset Management & Investments
Group Asset Management & Investments PBT (RM ‘mil) 1Q16 1Q15 Y-o-Y 4Q15 Q-o-Q Public Markets 27.5 26.2 5.0% 25.7 7.0% Private Markets 51.9 28.6 81.5% 9.7 435.1% Direct Investments & Others 47.5 31.4 51.3% (5.0) 1,050.0% Private Equity Fund Management 0.7 (3.2) 121.9% 14.3 (95.1%) Passive Fund Invest
Slide 40: 3.5 Group Funding
CIMB Group : 1Q16 Results 3.5 Group Funding
Slide 41: Group Funding
Group Funding 4Q15 (RM ’mil) 1Q16 1Q15 Y-o-Y Q-o-Q BAU* Net interest income 83 86 (3.5%) 109 (23.9%) Non interest income (70) 53 (232.1%) 22 (418.2%) Total Income 13 139 (90.6%) 131 (90.1%) Overhead expenses (79) (92) (14.1%) (45) 75.6% PPOP (66) 47 (240.4%) 86 (176.7%) (Provisions) / Writeback (1)
Slide 42: 3.6 CIMB Islamic
CIMB Group : 1Q16 Results 3.6 CIMB Islamic
Slide 43: Islamic: Earnings Summary
Islamic: Earnings Summary (RM ‘mil) 1Q16 1Q15 Y-o-Y 4Q15 Q-o-Q Net interest income 316 290 9.0% 310 1.9% Non interest income 122 69 76.8% 101 20.8% Operating income 438 359 22.0% 411 6.6% Overhead expenses (161) (162) (0.6%) (161) - PPOP 277 197 40.6% 250 10.8% (Provisions) / Writeback - (34) (100.0
Slide 44: Islamic : Product And Business Developments
Islamic : Product And Business Developments Universal Debit Card launched on 15 March 2016 Hire Purchase Variable Rate-i launched on 21 March 2016 ‘Staff Home Financing-i (Home & Renovation)’ and ‘Education Financing-i for Staff Children’ Consumer launched on 11 April 2016 1Drive : Banking Branch
Slide 45: Malaysia : CIMB Islamic
Malaysia : CIMB Islamic Ranking of Total Islamic Assets as at 31 Dec 2015 1Q16 1Q15 Sukuk Total Assets Market Market Market Rank Company Rank Rank RM ’mil Share Share Share 1 Maybank Islamic 156,352 29% Malaysia 18.0% 2 19.6% 3 2 CIMB Islamic 54,559 10% Asia ex-Japan 21.5% 1 15.9% 2 3 Bank Islam 49,
Slide 46: 4. T18 Updates
CIMB Group : 1Q16 Results 4. T18 Updates
Slide 47: T18: 1Q16 Key highlights
T18: 1Q16 Key highlights Digital Sales Enablement Continuation of product and channel roll-out underway for MIST Branch Productivity Consumer Process optimisation on-going in Malaysia; branch re-location and ATM Banking footprint expansion underway in Indonesia Thailand Retail 2.0 Detailed str
Slide 48: T18: 1Q16 Key highlights
T18: 1Q16 Key highlights Client account planning and analysis – in progress for Corporate and SME Capital and clients in Malaysia and Singapore; to progressively extend to Indonesia and RWA Thailand Optimisation Developing framework to incorporate risk-adjusted performance metrics into KPI scorecard
Slide 49: 5. Final Remarks
CIMB Group : 1Q16 Results 5. Final Remarks
Slide 50: Targets for 2016
Targets for 2016 1Q16 Y-o-Y FY16 Target 1 ROE 7.9% 10.0% Dividend Payout Ratio - 40% Total Loans Growth * 7.5% (5.6%**) 10.0% 1 Loan Loss Charge 0.64% 60-70 bps CET 1 (CIMB Group) 10.6% 2 11.0% Cost to income 57.4% < 53.0% Notes: * Excluding bad bank ** Excluding FX fluctuations 1. 1Q16 Annualised 5
Slide 51: Final Remarks
Final Remarks A respectable 1Q16 performance despite continued difficult operating conditions Consumer and Commercial Banking operations traction to continue, while Wholesale Banking will remain challenged by volatile markets Focus on asset quality issues across business lines and geographies, espec
Slide 52: THANK YOU
THANK YOU 52
Slide 53: Appendices
CIMB Group : FY15 Results Appendices
Slide 54: Consolidated Balance Sheet Changes
Consolidated Balance Sheet Changes (RM ‘mil) 31 Mar 16 31 Mar 15 Y-o-Y 31 Dec 15 Q-o-Q Cash & short term funds 38,635 39,488 (2.2%) 29,319 31.8% Securities purchased under resale agreements 9,330 5,616 66.1% 9,714 (4.0%) Deposits & placements with financial institutions 2,277 7,380 (69.1%) 1,829 24.
Slide 55: Asset Quality Ratios – CIMB Group
Asset Quality Ratios – CIMB Group 84.8% 84.2% 84.7% 84.8% 83.8% 82.7% 82.3% 81.7% 82.2% 79.2% 83.6% 77.9% 84.4% 84.4% 83.7% 82.6% 76.6% 81.9% 82.1% 81.7% 74.2% 81.8% 77.4% 76.9% 75.6% 71.9% 3.8% 3.6% 3.4% 3.2% 3.1% 3.1% 3.3% 3.1% 3.2% 3.3% 3.4% 3.0% 3.0% 3.1% 3.0% 3.1% 3.2% 2.9% 2.9% 2.7% 2.7% 2.9%
Slide 56: AFS MTM (Q-o-Q) Position
AFS MTM (Q-o-Q) Position 330.1 232.5 45.5 (152.6) (500.5) Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 56
Slide 57: Malaysia : Consumer Key Highlights
Malaysia : Consumer Key Highlights Y-o-Y Q-o-Q Credit Cards Consumer Gross Loans * 9.3% 1.4% RM ‘bil 4.5 Mortgages 12.2% 2.3% 4.2 4.3 Term loans 6.4% 0.4% +4.0% Y-o-Y Auto 1.5% 1.5% Credit cards 4.0% (1.9%) -1.9% Q-o-Q 5.3 5.2 Consumer Deposits 10.9% 2.6% 5.0 CASA 5.1% 1.4% Fixed & structured deposi
Slide 58: Indonesia : Consumer Key Highlights
Indonesia : Consumer Key Highlights Y-o-Y Q-o-Q Credit Cards Consumer Gross Loans 2.8% (0.1%) IDR ’tril +24.8% Y-o-Y Mortgages 2.0% (0.7%) Auto (3.1%) (2.0%) +6.6% Q-o-Q 6.8 Credit cards 24.8% 6.6% 6.4 5.4 Consumer Deposits 2.7% (3.3%) CASA 7.2% 1.8% Fixed & structured (1.5%) (8.1%) deposits Mar-15
Slide 59: Thailand : Consumer Key Highlights
Thailand : Consumer Key Highlights Y-o-Y Q-o-Q Mortgages Consumer Gross Loans * 11.1% 2.6% THB ’bil +11.0% Y-o-Y Mortgages 11.0% 2.1% +2.1% Q-o-Q Auto Loans 11.8% 3.8% 62.7 61.4 Personal / Others 10.6% 2.7% Consumer Deposits (25.3%) (10.7%) 56.5 CASA 42.6% 6.8% Fixed & structured (44.8%) (20.5%) dep
Slide 60: Singapore : Consumer Key Highlights
Singapore : Consumer Key Highlights Y-o-Y Q-o-Q Consumer Deposits Consumer Gross Loans 14.5% (0.6%) SGD ‘mil Mortgages 14.6% (0.1%) +18.4% Y-o-Y Term loans 3.9% (1.6%) +6.6% Q-o-Q Credit cards 3.7% (4.6%) 4,936 4,631 Consumer Deposits 18.4% 6.6% 4,168 CASA (14.3%) (0.4%) Fixed & structured 100.5% 15
Slide 61: CIMB Niaga : Earnings Summary
CIMB Niaga : Earnings Summary (IDR ‘bil) 1Q16 1Q15 Y-o-Y 4Q15 BAU* Q-o-Q Net interest income 2,837 2,798 1.4% 2,862 (0.9%) Non interest income 716 604 18.5% 614 16.4% Operating income 3,553 3,402 4.4% 3,476 2.2% Overhead expenses (1,822) (1,848) (1.4%) (1,794) 2.1% PPOP 1,731 1,554 11.4% 1,682 2.3%
Slide 62: CIMB Niaga : Key Ratios
CIMB Niaga : Key Ratios 4Q15 (Consolidated, %) 1Q16 1Q15 Y-o-Y Q-o-Q BAU + ROE ^ 3.6 1.2 3.3 NIM ^ 5.35 5.22 5.25 Cost to Income 51.3 54.3 51.6 Loan Loss Coverage # 116.1 102.6 111.5 Allowance Coverage 91.0 78.3 83.0 Loan Loss Charge ^ 2.9 3.3 3.2 Gross Impaired Loans Ratio 5.0 5.3 5.0 Gross NPL (BI
Slide 63: CIMB Thai : Earnings Summary
CIMB Thai : Earnings Summary Before GAAP Adjustments 1Q16 1Q15 Y-o-Y 4Q15 Q-o-Q (THB ‘mil) Net interest income 2,390 1,914 24.9% 2,318 3.1% Non interest income 924 1,049 (11.9%) 642 44.0% Operating income 3,315 2,964 11.8% 2,960 12.0% Overhead expenses (1,755) (1,782) (1.5%) (1,815) (3.3%) PPOP 1,55
Slide 64: CIMB Thai : Key Ratios
CIMB Thai : Key Ratios (Consolidated, %) 1Q16 1Q15 Y-o-Y 4Q15 Q-o-Q ROE ^ 4.7 2.3 3.2 NIM ^ 3.72 2.95 3.63 Cost to Income 53.0 60.1 61.3 Loan Loss Coverage ** 115.0 94.1 106.5 Loan Loss Charge ^ 2.3 2.2 1.7 Gross NPL ratio ** 3.0 3.7 3.1 Net NPL ratio ** 1.5 2.1 2.2 Loan to Deposit 126.8 102.6 116.7
Slide 65: 1Q16 Notable Deals
1Q16 Notable Deals DCM DCM Pavilion Real Estate Investment Trust Pruksa Real Estate PCL RM8.0 bil Medium Term Notes Programme THB4.0 bil Senior Unsecured Debentures established via Pavillion REIT Bond Capital Berhad Cagamas Berhad SGD150.0 mil Islamic Medium Term Notes Axiata Group Berhad due 2017 i
Slide 66: T18 Progress Update
T18 Progress Update A total of 18 programmes have been identified to propel the Group towards its T18 targets T18 Oversight Committee Project Management Office Focus Areas of the T18 Programmes Wholesale Commercial Consumer Banking Banking Banking Programme sponsors identified for each Further profi
Slide 67: Corporate Responsibility (1)
Corporate Responsibility (1) CIMB Foundation Regional CSR PINTAR English Literacy Counseling session for North Sumatera University 646 pupils from 10 adopted schools Scholars participated in additional English classes to To monitor scholars’ academic and non academic boost their subject performance
Slide 68: Corporate Responsibility (2)
Corporate Responsibility (2) TABS SAFA KOTA KINABALU A LITRE OF LIGHT PINTAR ENGLISH LITERACY YOUNG INVENTOR CAMP & ROBOT CONTEST PROGRAMME 68
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