Allied Bank Limited · PSX:ABL
Allied Bank — H1 2020 Earnings Presentation
22 slides from Allied Bank's earnings presentation, Jun 30, 2020
Slide 1: Allied Bank Limited Investor Presentation – June 2020 Financial Results
LLIED BANK LIMITED Investor Presentation – June 2020 Financial Results
Slide 2: Table of Contents
LLIED BANK LIMITED Table of Contents ABL at a Glance & Investments Deposits Stock Market Annexures Economic Highlights Data 3-5 6 7 8 9 10 13-17 1-2 11-12 Major Highlights Advances Key Ratios Awards Balance Sheet & & & Income Statement Asset Quality Channels CGR
Slide 3: ABL At Glance
ABL At Glance ATMs:1,542 Entity Credit Rating On-site: 1,199 Off-site: 340 Overseas Long Term: AAA MBU: 3 Short Term: A1+ Corporate Branches: 2 Governance Bahrain WBU Rating Export Processing Subsidiary Rep Offices: CGR 9+ Zone Asset Management 2 Domestic Co. Ltd. UAE-Dubai Holding 100% Digital Chin
Slide 4: Economic Highlights
Economic Highlights *(US$ Millions) SBP Reserves* and Exchange Rate Workers Remmittances- US$ Million 14,000 170 3,000 167 12,000 165 165 2,500 161 10,000 2,000 160 156 8,000 160 157 153 1,500 156 154 6,000 154 154 153 155 1,000 4,000 150 500 2,000 - - 145 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Slide 5: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) (Rs. in Billion) 1,600 100 18 2 • Total Assets stood at Rs. 1,343 1,400 -104 -54 0 1,200 Billion (decreasing by 9%). 13% 2% 1,000 -11% -100 -14% 800 1,481 -200 • Investment portfolio optimized due to 1,343 600 -300 evolving yield curve and capital market 400 ex
Slide 6: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) (Rs. in Billion) 1,600 57 100 • Total Liabilities stood at Rs. 1,223 1,400 -198 -1 Billion (decreased by 10%) 1,200 0 5% -3% 1,000 -100 800 • CASA June’20 improved to: 86.2% 600 1,365 -200 1,223 -74% (Dec’19: 82.9%). 400 -300 • Deposits aggregated to reach
Slide 7: Highlights Income Statement
Highlights Income Statement (Rs. in Million) • Rate variance along with volumetric growth in 20,000 earning assets and effective duration 18,000 6,274 management facilitated growth of 33% in Net 16,000 Interest Income. 14,000 2,498 1,370 1,235 12,000 1,582 • Fee & Commission income increased by 10%.
Slide 8: Investments
Investments (Rs. in Million) Investments Jun' 20 Dec'19 Var. Growth Pakistan Investment Bonds 251,507 154,349 97,158 63% Market Treasury Bills 333,938 542,566 (208,628) -38% Listed and Unlisted Shares 22,205 25,387 (3,182) -13% TFCs, Bonds, Sukuks and Mutual Funds 36,498 27,304 9,194 34% Subsidiary
Slide 9: Advances & Asset Quality
Advances & Asset Quality (Rs. in Billion) 600 9% 7.8% 500 8% Gross Advances reached Rs. 447 billion (11%↓) 7.2% 500 6.8% 7.0% 454 447 (Industry Growth 1%) 6.4% 7% 5.9% 400 6% 326 341 4.6% 5% 300 262 289 285 349 3.5% Gross ADR ratio reached 40.4% (Industry Mar’20 389 3.2% 3.4% 4% ADR: 55.5%) 200 3% 2
Slide 10: Deposits
Deposits (Rs. in Billion) Particulars Jun' 20 Dec' 19 Var (%) Market Share: 7% Current 436 410 6% Industry Growth: 11% Saving 518 458 13% Term 152 181 -16% CASA Mix: 86% Total Deposits 1,106 1,049 5% 1,200 1,105 1,049 985 1,000 883 805 953 800 735 668 868 608 809 600 515 690 400 617 371 522 400 485
Slide 11: Key Ratios & Channels
Key Ratios & Channels Key Ratios ABL Industry Month Jun'20 Dec'19 Mar' 20 ROA (%) 1.2% 1.0% 1.9% ROE (Tier I) (%) 18% 16% 13% Capital Adequacy Ratio (%) 25% 22% 17% Channels Jun' 20 Dec' 19 Growth Total Branches 1,387 1,395 (8) Conventional 1,270 1,278 (8) Islamic 117 117 - Total ATMs 1,542 1,515 27
Slide 12: Stock Market Data
Stock Market Data No. of % ABL Stock Price vs Market - Trend Cases 0.1 120,000 Pakistan Stock Exchange Code: ABL 0 100,000 1-Jan-20 1-Feb-20 1-Mar-20 1-Apr-20 1-May-20 1-Jun-20 1-Jul-20 Bloomberg Code: ABL PA -0.1 80,000 Shares Outstanding (mln): 1,145.07 -0.2 60,000 -0.3 40,000 Market Capitalizatio
Slide 13: Awards & Achievements
Awards & Achievements 1 2 3 4 5 6 7 8 ABF Best CFA Society Top Issuer of Finance Certificate of The Asset Best Place to Wholesale Corporate Pakistan – PayPak Debit Asia Excellence Triple A Asia Work in Banking Report 2018 Best Bank of Cards by 1- Country 2020 - Infrastructure Financial Awards 2020 A
Slide 14: Corporate Governance & Ratings
Corporate Governance & Ratings Entity Rating • AAA (Long Term) • A1+ (Short Term) CGR • A very low expectation of credit • CGR-9+ (Corporate Governance risk emanating from a very strong Rating) Deposits capacity for timely payment of financial commitments & not being • Very high level of corporate s
Slide 15: Annexures
Annexures Annexure A Statement of Financial Position - Standalone Basis Annexure B Statement of Financial Position - Consolidated Annexure C Income Statement - Standalone Basis Annexure D Income Statement Consolidated 13
Slide 16: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Jun'20 Dec'19 Var. Jun'20 Dec'19 Var. Cash and Balances with Banks 119,094 120,546 (1,452) 713 722 (9) -1% Lending to FIs 32,992 13,607 19,385 198 81 116 142% Investments 653,842 757,957 (104,115) 3,916 4,539 (6
Slide 17: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Jun' 20 Dec'19 Var. Jun' 20 Dec'19 Var. Cash and Balances with Banks 119,086 120,538 (1,452) 713 722 (9) -1% Lending to Fis 32,992 13,607 19,385 198 81 116 142% Investments 655,541 759,654 (104,113) 3,926 4,54
Slide 18: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Jun' 20 Jun'19 Var. Jun' 20 Jun'19 Var. Mark-up/ interest Income 61,947 52,010 9,937 371 311 60 19% Mark-up/ interest Expensed 36,940 33,277 3,663 221 199 22 11% Net Mark-up/ interest Income 25,007 18,733 6,274 150 112 38
Slide 19: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Jun' 20 Jun'19 Var. Jun' 20 Jun'19 Var. Mark-up/ interest Income 61,948 52,011 9,937 371 311 60 19% Mark-up/ interest Expensed 36,942 33,279 3,663 221 199 22 11% Net Mark-up/ interest Income 25,006 18,732 6,274 150 112
Slide 20: Disclaimer
Disclaimer The information being presented herein is solely for your information. Except for the historical information, statements that describe the Bank’s objectives, plans or goals discussed in Investor Conference Call are forward‐looking statements. These forward looking statements involve a num
Slide 21: Contact Us
Contact Us Humza Taimur +92-42-35880043 Investor.Relations@abl.com Unit Head Strategic Ext: 32641 Planning 21
Slide 22: Thank You
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