United Overseas Bank Limited · SGX:U11
United Overseas Bank — H1 2007 Earnings Presentation
10 slides from United Overseas Bank's earnings presentation, Aug 7, 2007
Slide 1: UOB Group First Half / Second Quarter 2007 Results Briefing
UOB Group First Half / Second Quarter 2007 Results Briefing RESULTS OVERVIEW Wee Ee Cheong Deputy Chairman & Chief Executive Officer 7 August 2007 Disclaimer : This material that follows is a presentation of general background information about the Bank’s activities current at the date of the presen
Slide 2: Agenda
Agenda 11 1H07 1H07 Financial Financial Performance Performance Highlights Highlights 22 Key Key Markets Markets In In Review Review 33 Capital Capital Management Management 2
Slide 3: Strong Growth Momentum
Strong Growth Momentum YoY Key Indicators 1H07 1H06 Change Net Profit After Tax ^ ($m) Strong growth momentum 1,103 882 25.0% Continued increase in core Operating Profit ^* ($m) 1,515 1,169 29.5% operations ROE ^ (%) Steady upward trend 13.2 11.9 1.3%pt Supported by solid rise in Non-NII / Total Inc
Slide 4: Singapore – Well-Placed for Expansion
Singapore – Well-Placed for Expansion Robust economic expansion Buoyant property market Growing affluence and demand for wealth solutions All segments grew Increase market share in home loans – Lending up 15%. Wealth management income up 70% Commercial banking income and profit up strong
Slide 5: Progress in Regionalisation
Progress in Regionalisation Diversified global portfolio. Overseas operating profit up 32% Operating profit for ASEAN up 21% Southeast Asia platform well-positioned for growth New strategic initiatives in Vietnam and China OECD operating profit up 46% Global diversification key as we bui
Slide 6: Malaysia – Poised For Accelerated Growth
Malaysia – Poised For Accelerated Growth Operating profit up 27%; Net loans up 20% Infrastructure and extended distribution network in place for accelerated growth Double-digit loan growth for SME and consumer segments Stepped up activities in consumer banking – Housing loans up 23%; Wealth
Slide 7: Thailand – Cautious Approach Ahead
Thailand – Cautious Approach Ahead Operating profit down 18%; Net loans down 7% Feeling impact of challenging environment Focused on growing targeted consumer and retail SME segments Active management of balance sheet – Sold bulk of NPL portfolio; Conservative lending policy Laid robust cr
Slide 8: Indonesia – Entrenching Market Position
Indonesia – Entrenching Market Position Operating profit up 8%; Net loans up 26% Enhanced consumer activities – Mortgage loans up 32%; Re-launched card business; Developing wealth management platform SME and corporate banking businesses performed well Strengthen foothold in lending and fee-b
Slide 9: Capital Management
Capital Management Recent MAS changes give flexibility Seek Capital Review mix of capital structure Efficiency Option of share buyback and/or special dividend for any excess capital Keep buffer above regulatory CAR to maintain high Strong Capital credit ratings for Strategic Reserve capita
Slide 10: In Summary
In Summary Strategy remains intact Core businesses strong. Broad-based growth in loans and fee income Further entrenched market leadership in Singapore while strengthening regional platform. Balanced global portfolio diversification Manage rising costs and talent development while investing