I&m Group Plc · NSEKE:IMH
I&m — Investor Presentation (September 2021)
32 slides from I&m's investor presentation, September 2021
Slide 1: 2021 | September
2021 | SEPTEMBER I&M Group PLC 1
Slide 2: Sub Saharan Africa Overview
Sub Saharan Africa Overview Ksh. BNs Kenya Banking Sector PBT Trend 200 160 150 125 113 96 100 86 89 60 46 50 44 38 0 Mar 2019 Jun 2019 Seep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Kenya Loans & NPL Ratio Trend Loans (Trns) NPL Ratio (%) 14.1 14.6 14.0 3.5 13.1 13.6 15 12
Slide 3: Key performance highlights and industry recognition
Profit Before Tax (Kshs) Net Interest Income (Kshs) We have also seen the industry recognize our great customer service and overall solutions Bank One scores a double win for “best +31% +28% international banking services” and “best custodian bank” Net Loans & Advances (Kshs) Customer Deposits (Kshs
Slide 4: How Do You Write An Annual Report For A Small Business?
How Do You Write An Annual Report For A Small Business? A good annual report will include: • The company's name, address, and type of business it does. % • An annual report letter to the shareholders, 20 written by the owner or director of the company. • A balance sheet, which shows your company's c
Slide 5: Aspiration and initiatives
Aspiration Eastern Africa’s leading Financial Partner for Growth Driving Business Growth Building a Resilient Organisation Optimising the operating model Strategic Pillars And initiatives Customer Experience Cultural Transformation Strategic Partnerships Data Analytics Enablers Design and delivery w
Slide 6: Launch of Rwanda's MSME Banking showing a strong start
Loans and Advances (Kshs Bn) Launch of Rwanda’s MSME Banking +8% showing a strong start… 3.0 2.9 2.8 2.8 Rwanda’s MSME banking product is tailored towards 2.7 elevating the market of microbusinesses, small and 2.7 medium sized enterprises (MSMES) continues to perform well. Jan-21 Feb-21 Mar-21 Apr-2
Slide 7: We have launched Wealth Management Services in Kenya
We have launched Wealth Management Services in Kenya… • I&M Capital is a fully owned subsidiary of I&M Group PLC ü Local Government Bonds - Started trading • It is regulated by the Capital Markets Authority from 1st July 2021 and holds a Fund Management license • The wealth management department wil
Slide 8: We continue to build our digital services across the region
We continue to build our digital services across the region… Whatsapp Banking Kenya Launches I&M On the Go Strategy Highlights: Under our driving growth pillar, we continue to diversify our products and services… Mobile lending in partnership with Airtel & YABX NNUAL REPORT
Slide 9: We are gearing up our ESG Focus
We are gearing up our ESG Focus… I&M Foundation’s key strategic pillars Rwanda’s First Green Building Sustainability in the DNA of One Environment Economic Education & Skills Enable Park Head-Office Building. Conservation Empowerment Development Giving 1 Park office is fitted with Integrated Photovo
Slide 10: How Do You Write An Annual Report For A Small Business?
How Do You Write An Annual Report For A Small Business? A good annual report will include: • The company's name, address, and type of business it does. % • An annual report letter to the shareholders, 20 written by the owner or director of the company. • A balance sheet, which shows your company's c
Slide 11: Statement of Comprehensive Income YTD Jun-21 vs Jun-20
YTD Jun-20 YTD June-21 Jun 21 vs Jun 20 Comments Statement of Comprehensive Income Kshs Mn Kshs Mn Y-Y % Attributed by growth in loan book, increased income from Net Interest Income 6,919 8,866 28% government securities and reduction in interest expense. Reduced Loan processing fees, treasury income
Slide 12: Statement of Financial Position
Comments Statement of Financial Jun-20 Dec-20 Jun-21 Jun 21 vs Jun 20 Position Kshs Mn Kshs Mn Kshs Mn Y-Y % Cash & Bank Balances 19,068 19,403 21,527 13% Cash balances reflecting strong liquidity [48%] as reflected on the yoy growth in government securities. Investments & Placements 107,483 120,047
Slide 13: Key ratios Jun 20, Dec 20, Jun 21
Jun 20 Dec 20 Jun 21 Liquidity 47% 51% 48% Cost/Income Ratio 45% 42% 48% Net NPA 4.4% 4.2% 3.7% Gross NPA 12% 12% 11% Return on Equity 11% 12% 12% Return on Assets 2.1% 2.3% 2.2% Capital Adequacy Ratio 16% 19% 16% Loan to Deposit Ratio 73% 71% 74% Cost of Risk 1.1% 1.2% 1.0% I&M Group PLC 13
Slide 14: Subsidiary highlights by country
I&M KE Highlights I&M RW Highlights I&M TZ Highlights Bank One Highlights Orient Bank Ltd Highlights June 2021 Vs June 2020 June 2020 Vs June 2021 June 2021 Vs June 2020 June 2021 Vs June 2020 June 2021 Vs June 2020 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 Reported profit / (loss) before ta
Slide 15: How Do You Write An Annual Report For A Small Business?
How Do You Write An Annual Report For A Small Business? A good annual report will include: • The company's name, address, and type of business it does. % • An annual report letter to the shareholders, 20 written by the owner or director of the company. • A balance sheet, which shows your company's c
Slide 16: Key performance highlights and industry recognition
Profit Before Tax (Kshs) Net Interest Income (Kshs) We have also seen the industry recognize our great customer service and overall solutions Bank One scores a double win for “best +31% +28% international banking services” and “best custodian bank” Net Loans & Advances (Kshs) Customer Deposits (Kshs
Slide 17: How Do You Write An Annual Report For A Small Business?
How Do You Write An Annual Report For A Small Business? A good annual report will include: • The company's name, address, and type of business it does. • An annual report letter to the shareholders, written by the owner or director of the company. 20 % • A balance sheet, which shows your company's c
Slide 18: Gross NPLs, interest on advances, coverage ratio
Gross NPLs Interest on Advances Coverage Ratio +4% -4% +6% 22,106 22,946 44% 51% 10,766 10,375 Jun-20 Jun-21 Jun-20 June-21 Loan Loss Provisions Cost of Risk +2% -0.1% Jun-20 Jun-21 1.0% 1.1% 1,031 1,053 Gross NPA 12% 11% Net NPA 4.4% 3.7% Jun-20 Jun-21 Jun-20 Jun-21 I&M Group PLC 18
Slide 19: I&M Kenya: PBT, Loans, Deposits
PBT (Kshs Bn) Loans (Kshs Bn) Deposits (Kshs Bn) -4% +8% -0.7% 4.5 4.3 146 157 214.1 212.6 Jun-20 Jun-21 Jun-20 Jun-21 Jun-20 Jun-21 Net Financial Revenue (Kshs Bn) Assets (Kshs Bn) Equity (Kshs Bn) +13% +4% +2% 8.6 9.7 272 282 48 49 Jun-20 Jun-21 Jun-20 Jun-21 Jun-20 Jun-21 I&M Group PLC 19
Slide 20: I&M Rwanda: PBT, Loans, Deposits
PBT (Kshs Bn) Loans (Kshs Bn) Deposits (Kshs Bn) +54% -2% +17% 0.4 0.6 23 22.6 27 23 Jun-20 Jun-21 Jun-20 Jun-21 Jun-20 Jun-21 Net Financial Revenue (Kshs Bn) Assets (Kshs Bn) Equity (Kshs Bn) +20% +15% +20% 1.5 1.8 46 5 6 40 Jun-20 Jun-21 Jun-20 Jun-21 Jun-20 Jun-21 I&M Group PLC 20
Slide 21: I&M Tanzania: PBT, Loans, Deposits
PBT (Kshs Bn) Loans (Kshs Bn) Deposits (Kshs Bn) +1% +13% +27% 0.17 0.17 15 17 15 19 Jun-20 Jun-21 Jun-20 Jun-21 Jun-20 Jun-21 Net Financial Revenue (Kshs Bn) Assets (Kshs Bn) Equity (Kshs Bn) 0% +8% +16% 0.75 0.75 24 26 3.7 4.3 Jun-20 Jun-21 Jun-20 Jun-21 Jun-20 Jun-21 I&M Group PLC 21
Slide 22: Bank One: Profit/(Loss) before tax, Loans, Deposits
Profit/(Loss) before tax (Kshs Bn) Loans (Kshs Bn) Deposits (Kshs Bn) +157 -21% -32% 0.72 69 54 146 98 -1.3 Jun-20 Jun-21 Jun-20 Jun-21 Jun-20 Jun-21 Net Financial Revenue (Kshs Bn) Assets (Kshs Bn) Equity (Kshs Bn) -13% -29% -5% 2.0 1.8 167 118 9.2 8.8 Jun-20 Jun-21 Jun-20 Jun-21 Jun-20 Jun-21 I&M
Slide 23: Orient Bank: PBT, Loans, Deposits
PBT (Kshs Bn) Loans (Kshs Bn) Deposits (Kshs Bn) +300% -11% +2% 0.44 8.3 17.8 18.2 7.4 0.11 Jun-20 Jun-21 Jun-20 Jun-21 Jun-20 Jun-21 Net Financial Revenue (Kshs Bn) Assets (Kshs Bn) Equity (Kshs Bn) -16% +4% +37% 4.5 0.9 22.5 23.4 1.0 3.3 Jun-20 Jun-21 Jun-20 Jun-21 Jun-20 Jun-21 I&M Group PLC 23
Slide 24: Our Aspiration, Vision and Mission
Our Aspiration To be Eastern Africa’s Leading Financial Partner for Growth Our Vision To become a company where: ü the best people want to work ü the first choice where customers want to do business and ü where shareholders are happy with their investment Our Mission To become partners of growth for
Slide 25: We Are On Your Side
We Are On Your Side Mutual Respect Fairness Innovativeness I&M Group PLC 25
Slide 26: I&M Group PLC group structure
I&M Group Plc BCR Investment Company Ltd 100% I&M Realty Ltd I&M Burbidge Capital Ltd I&M Capital Ltd Bank One Ltd I&M Bank Ltd I&M Bank (Rwanda) Plc Orient Bank Ltd 100% 65% 100% 50% 100% 54.47% 90% I&M Burbidge Capital (U) Ltd Investment & Mortgages Nominees Ltd I&M Bank (T) Limited Giro Ltd I&M B
Slide 27: I&M Group PLC regional footprint
KENYA I&M Bank Limited ü 141,000+ customers ü 40 Branches ü 56 ATMs ü Staff force of 1,143 UGANDA Orient Bank Limited ü 71,000+ Customers ü 14 Branches ü 22 ATMs ü Staff force of 340 TANZANIA I&M Bank (T) Limited ü 16,200+ customers ü 8 Branches ü 9 ATMs ü Staff force of 203 RWANDA I&M Bank (Rwanda)
Slide 28: I&M Bancassurance Intermediary Limited
Incorporation Incorporation I&M Bancassurance Intermediary Limited Acquisition Advisory Services I&M Burbidge Capital Advisory Services Products Branch Network Regulation Regulation Subsidiary Staff Force Staff Force I&M Group PLC 28
Slide 29: Nominees Ltd
Incorporation Real Estate Property Realty I&M Nominees Ltd Incorporation Acquisition Business I&M Incorporation Acquisition Status Capital Ltd I&M I&M Group PLC 29
Slide 30: Foundation
Incorporation Acquisition Status Giro Ltd Foundation Set Up I&M I&M Group PLC 30
Slide 31: I&M Group PLC
The contents herein have been presented in good faith. The information, statements and opinions set out in this presentation and subsequent discussion do not constitute a public offer for the purposes of any applicable law or an offer to sell or solicitation of any offer to purchase any securities o
Slide 32: Thank You
Thank You I&M GROUP PLC 1 PARK AVENUE 1ST PARKLANDS P.O. BOX 30238 – 00100 TEL: +254 (0)20 3221000 INVEST@IMBANK.CO.KE I&M Group PLC 32