PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk · IDX:BJBR
PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk — Bank BJB — Q3 2015 Earnings Presentation
47 slides from PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk's earnings presentation, 2015
Slide 1: Bigger, Stronger, Better - 3Q15 Company Report
Bigger, Stronger, Better bank bjb 3Q15 Company Report
Slide 2: Table of Content
Table of Content Pg. 3 Macroeconomic Pg. 4 Banking Sector Pg. 5 Result Summary Pg. 6 Target vs. Realization Pg.7 Key Ratios (bank only) Pg. 8 Income Statement Pg.9 Balance Sheet Pg. 10 Loans Breakdown Pg. 15 Deposit Breakdown Pg. 16 Asset Quality Pg. 19 Yield Analysis Pg. 21 Capital Adequacy Pg. 22
Slide 3: Macroeconomic indicators
GDP Growth BI Rate Consumer Confidence Index 10 140 120 8 Index (points) 100 6 80 (%) 4 60 2 40 20 0 0 CPI 1M JIBOR USDIDR 10Yr Govt Bond 14 15000 25 12 14000 10 13000 20 12000 Yield (%) 8 USD IDR 15 (%) 11000 6 10000 10 4 9000 8000 5 2 7000 0 6000 0
Slide 4: Banking sector loans and deposit growth
Loans Growth Deposit Growth 40.0 35.0 30.0 • YoY Growth (%) 25.0 20.0 15.0 10.0 • 5.0 - • • Investment Loans WC Loans Consumer Loans 60 50 YoY Growth (%) 40 30 20 10 -
Slide 5: Result Summary
Result Summary Income Statement Ratios (bank only) Net Interest Income at Rp 3.5 tr (+8.4% YoY/ +7.5% QoQ)) PPOP at Rp 1.4 tr (-4.2% YoY/ +46.0% QoQ) LLP at Rp 255 bn (-49.8% YoY/ +78.6 % QoQ) Net Income at Rp 864 bn (+20.6% YoY/ +44.9% QoQ) Total Loans at Rp 54.7 tr (+11.2% YoY/ +4.3% QoQ) Total Fi
Slide 6: Target vs. Realization
Target vs. Realization (%) Target 3014 40'14 1015 2015 3015 Loans Growth 13% - 14% 11.7 95 10.9 94 11.2 Deposit Growth 14% - 15% 142 15.5 16.1 324 26.8 ROA (net) 1.4% - 1.7% 13 15 2.0 14 14 ROE (net) 16% - 19% 145 16.6 214 16.5 16.9 NIM 6.2% - 6.5% 67 6.8 6.8 6.0 6.0 Cost of Fund 5.2% -5.5% 5.9 59 5
Slide 7: Key Ratios (bank only)
Key Ratios (bank only) bank bjb Key Ratios 3Q'14 4Q'14 1Q'15 20'15 3Q'15 Profitability ROA (net) 1.3 15 2.0 14 14 ROE (net) 14.5 16.6 214 16.5 16.9 Cost Ratios Cost to Income Ratio 59.4 61.8 59.3 67.5 66.5 Expenses Ratio 85.2 85.9 78.0 84.4 84.3 Yield Asset Yield 12.6 12.6 12.1 11.8 11.9 Cost of Fun
Slide 8: Income Statement
Income Statement bank bjb Income Statement Positioning YoY Growth Q0Q (Rp bn) 9M'14 = OM15 (%) 2015 3Q'15 (%) Interest Income 6,539 7,319 11.9% 2,517 2,537 0.8% Interest Expense (3,264) (3,770) 15.5% 1,385 1,321 4.7% Net Interest Income 3,275 3,549 8.4% 1,132 1,216 7.5% Fee Based Income 230 338 47A%
Slide 9: Balance Sheet
Balance Sheet bank bjb pba 3014 40'14 1015 2015 3015 io Cash 1,763 2,768 1,726 2,422 1,891 7.2% Current Account with 4,839 5,178 5,127 7,317 6,607 36.5% Bank Indonesia Secondary Reserves 17,411 12,599 24,908 27,415 26,018 49.4% Loans- net 47,602 48,028 48,280 50,951 53,193 11.7% Financing- net 4,014
Slide 10: Loans Breakdown (bank only)
Loans Breakdown (bank only) bank bjb Consumer mMicro mCommercial Mortgage 7 Segment YoY 60 , , (Rp bn) 3Q’14 3015 (%) Consumer 32,721 37,241 13.8% 50 5 43 44 Micro 4,796 3,607 -24.8% 40 + Commercial 7,190 9,172 27.6% 530 | Mortgage 4,280 4,475 45% Total Gross Loans 48,987 54,494 11.2% 20 + 36.2 372
Slide 11: Consumer Loans
Consumer Loans bank bjb Civil Servant Loans (LHS) mammm Pensioner Loans (LHS) —==NPL (RHS) YoY 40 - 10 Key Indicators 3Q'14 3Q'15 (%) ¥ i 09 Loans Outstanding 32,721 37,241 13.8% 35 4 2.52 | y 08 Net Expansion - 0/ 20 Pt uh (Rp bn) 3,864 3,662 5.2% a® f” 25 1 i Avg, Loans ; @ - 06 Outstanding 94 103
Slide 12: Micro Loans
Micro Loans bank bjb KMU (LHS) mmm Govt Program (LHS) mamma Others (LHS) ====NPL (RHS) 4 YoY Key Indicators 3Q'14 3Q'15 (%) 60 4 r 30.0 Loans Outstanding 4,796 3,607 -24.8% Net Expansion 9 5.0 4 + 25.0 (Rp bn) (557) (898) (61.2%) Avg. Loans 40 4 + 20.0 Outstanding 56 60 5.7% (Rp mn) e = No of Accoun
Slide 13: Commercial Loans
. ° Commercial Loans bank bjb Working Capital (LHS) mam Investment (LHS) YoY mmm Syndicated (LHS) ——=NPL(RHS) Key Indicators 3Q'14 3Q’15 (%) 10.0 15.0 Loans Outstanding 7,190 9,172 276% 14.0 9.0 13.0 8.0 120 Ret Expansion 201 2,322 1055.2% (Rp bn) 11.0 7.0 108 Avg. Loans 6.0 9.0 Outstanding 805 1,25
Slide 14: Mortgage Loans
Mortgage Loans bank bjb Mortgage Loans (LHS) ===NPL(RHS) Key Indicators 30°14 3015 iy 5,000 5 15.0 4,4444,4804,5034,475 14.0 Loans Outstanding 4,280 4,475 4.5% 4500 + 4,2824,280 4143 13.0 4,000 - 3,911 12.0 . Net Expansion 369 31 91.6% 3,506 11.0 (Rp bn) 3,500 + 10.0 2916 Avg. Loans 3,000 | y 9.0 Ou
Slide 15: Deposit Breakdown (bank only)
Deposit Breakdown (bank only) Current Account mSavings Account Time Deposit 90 5 80 | 70 ~ 50 - é 40 + 30 - 20 + 29.5 256 27-9 23.9 10 218 21.5 157 145 15.5 174 182 16.4 166 0 — ee ee SS SS eee Oe YY > > a ab ad ad ah 69 0 NNN SEL LL SLL LS SLL LS Deposits Breakdown 30'14 3015 io (Rp bn) ° Current A
Slide 16: Asset Quality
Asset Quality Credit Provision (LHS) mammm Absolute NPL (LHS) ==c==Coverage Ratio (RHS) Gross NPL YoY Write Off ‘0 2,500 140 (%) 3Q'14 3Q’'15 (%) 2015 (Bank only) (Rp bn) Consumer 0.10 0.11 +0.01 4 2,030 2,053:077 ig 2,000 1,906 1,916 Micro 22.1 26.8 +47 277 100 Commercial 9.9 6.2 3.7 228 eo Mortgag
Slide 17: Special Mention Loans
Special Mention Loans Consumer (LHS) mmm Micro (LHS) mmm Commercial (LHS) Consumer mMicro mCommercial m Mortgage mmm Mortgage (LHS) ——% to Loans (RHS) .” 2,000 4.5 90% 1,800 40 80% 1,600 4 3.5 70% 5 1,400 . Y Ss S & 30 & = 60% 2 2 2 & 1,200 8 € 3 5 4 | 5 5 25 g ZY 50% 2 2 S 1,000 & 2 = e Z $ ; 20 €
Slide 18: Non Performing Loans
Non Performing Loans Consumer mMicro mCommercial m Mortgage Consumer (LHS) mamas Micro (LHS) mmm Commercial (LHS) mmm Mortgage (LHS) —=% to Loans (RHS) 100% » CMTE om 2,500 + 45 9 90% ~ ; 4.0 80% - 2,000 | | 3.5 ; q 70% ~ = 5 A ty 4 Ss Sim 4 & | 30 7 a A 8 ZS 60% | 2 & 8 1500 - Es 5 L i} 5 2 25 5 3
Slide 19: Yield Analysis
Yield Analysis bank bjb Placement to Bank Indonesia 6.3% Others 0.8% Interbank Asset Yield 30'14 30Q’15 Placement 3.4% Placement to Bank Indonesia 46 4.2 Interbank Placement 3.5 47 Marketable Securities Loans 21.7% Securities 6.5 6.0 67.8% Loans Yield 15.3 15.0 Others 1.5 0.8 Interbank Lending Time
Slide 20: Customer Based lending and funding proportion
Customer Based ba Consumer mMicro mCommercial Mortgage Government Corporate m Retail 100% 5 100% 11°15 19 30% 90% 80% | 80% 70% + 70% 60% + 60% F 50% + 50% 40% + 40% 79.9 80.8 787 77.4 76.2 748 143 743 749 15.2 15:9 772 786 30% + 30% oon 20% + 10% 10% + 0% T T T T T T T T T T T T 1 & Cg CR CCI CCRC
Slide 21: Capital Adequacy
Capital Adequacy ba *Total Capital to Rp 6.3tr (+Rp 581 bn YoY) Risk Weighted 30’14 3015 YoY (% Asset (RWA) Q Q (%) “Total CAR at 15.5% (-70 bps YoY) Total RWA 35,420 40,785 15.1% Addition to Credit Risk 27,057 31,436 16.2% ; Risk rwa; __ Net Impact CAR Analysis sae to CAR Weighting RpitrNet (%) Ope
Slide 22: Consumer Loan Details
\ = bank bjb Consumer Loan Details
Slide 23: Consumer Loans Performance
Consumer Loans Performance ba » Overall Consumer Loans at Rp 37.2 tr (+13.8% YoY/ +2.9% QoQ) + Net Expansion of +Rp 3.7 tr YoY/ +1.0 tr QoQ Growth » Consumer Loans portfolio contribution total loans at 68.3% (+154 bps YoY/ -97 bps QoQ) + Number of Customers 363,013 Accounts (+15,154 YoY/ +3,243 QoQ)
Slide 24: Consumer Loans
Consumer Loans bank bjb Civil Servant Loans (LHS) mammm Pensioner Loans (LHS) —==NPL (RHS) YoY 40 - 10 Key Indicators 3Q'14 3Q'15 (%) ¥ i 09 Loans Outstanding 32,721 37,241 13.8% 35 4 2.52 | y 08 Net Expansion - 0/ 20 Pt uh (Rp bn) 3,864 3,662 5.2% a® f” 25 1 i Avg, Loans ; @ - 06 Outstanding 94 103
Slide 25: Civil Servant Loans
Civil Servant Loans Civil Servant Loans (LHS) ==o==NPL (RHS) o- - 05 Key Indicators 30'14 3Q°15 ‘oy 35 4 337 Loans Outstanding 30,202 33,684 11.5% 31.9 oa 33.0 7 0 30.2 5 30 - 309 aie 3,363 2,747 “18.3% 27.7 So P 26.1 7 5-4 26.8 . 23.4953 | ag Avg. Loans Outstanding 96 104 8.6% (Rp mn) . 21.2 = 20 |
Slide 26: Pensioner Loans
Pensioner Loans 4,000 3,500 3,000 2,500 1,500 1,000 500 (0) Pensioner Loans (LHS) | ==c==NPL (RHS) 3,55 3,191 2,793 0.20 2,519 2,641 2.219.407 0.08 633 797 YY 00 0 SY OY” QY’ 0 POSS CCN ON LL mA Oo NN ON ON? ON. ORO OOD Xd 0.3 0.2 0.1 0.0 ii a , YoY Key Indicators 3014 3Q'15 (%) Loans Outstanding 2,
Slide 27: Special Mention Loans
Special Mention Loans Abso lute Special Mention Loans +54.8% YoY Civil Servant Loans (LHS) mmm Pensioner Loans (LHS) c= Special Mention Loans (RHS) 120 4 100 - 80 + 60 - Absolute Special Mention Loans (Rp bn) 45.3 39.8 61.3 56.2 48.3 55.6 58.3 72.4 59.8 45.1 64.0 80.2 87.0 so) So" ON CN) NENA NAS fe
Slide 28: Non Performing Loans
Ss a Non Performing Loans bank bib ank bj Consumer Loans Absolute NPL Loans +20.7%YoY Pensioner Loans Contribution +2.3 % YoY Civil Servant Loans (LHS) mammm Pensioner Loans (LHS) === NPL (RHS) Civil Servant Loans (LHS) __™ Pensioner Loans (LHS) “ “OUP REREREEE 40 + 90% + “ 0.4 80% + 35 4 20 % Pe Py
Slide 29: Subsidiaries Performance
\ ~~ bank bjb Subsidiaries Performance 3Q15 bank bjb Sharia
Slide 30: Result Summary
Result Summary Tate) + Net Financing Income at Rp 234bn (+32.9% YoY) innts + Operating Expenses at Rp 369bn (+71.2% YoY) Statement + Net Income (Loss) at Rp (32,7) bn (-391.5% YoY) + Total Financing at Rp 4.9tr (+19.5% YoY) + Total Deposit at Rp 4.7tr (+56.7% YoY) Sheet Total Asset at Rp 6.1tr (+18.
Slide 31: Key Ratios
Key Ratios Sharia (%) 30'14 3Q'15 YoY (%) CAR 16.1 22.4 +6.3 NPF Gross 6.8 6.9 +0.1 NPF Nett 5.6 46 -1.0 ROA 0.5 -1.0 -1.5 ROE 2.5 -6.2 -8.7 NIM 6.8 5.5 -1.3 BOPO 93.0 104.3 +113 FDR 102.1 103.5 +14
Slide 32: Income Statement
Income Statement Income Statement 3014 3Q'15 YoY (%) Financing Income 424,130 540,539 27.4% Financing Expense 248,041 306,576 23.6% Net Financing Income 176,089 233,963 32.9% Other Operating Income 55,707 93,510 67.9% Operating Expense 215,533 368,902 71.2% Operating Income 16,263 (41,429) -354.7% N
Slide 33: Balance Sheet
Balance Sheet bank bjb (Rp Mn) 3Q'14 3Q'15 YoY (%) Cash 32,653 34,054 4.3% Current Account with Bank Indonesia 156,715 242,527 54.8% Secondary Reserves 706,698 748,750 6.0% Financing-net 4,014,489 4,778,905 19.0% Fixed Asset-net 160,792 178,247 10.9% Other Asset 96,815 103,228 6.6% Total Asset 5,168
Slide 34: Sharia Performance
Sharia Performance ba Financing 3Q’14 3Q’15 YoY (%) Murabahah (Trading) 2,658,774 3,667,631 37.9% Ijarah 36,692 59,342 61.7% Qardh (Bridging) 106,154 72,514 -31.7% Financing 1,334,041 1,144,649 -14.2% Istishna (Pawning) 5,101 3,527 -30.9% Total Gross Financing 4,140,762 4,947,662 19.5% Funding 3Q’'1
Slide 35: Company Profile
\ = bank bjb Company Profile bank bjb
Slide 36: Ownership
Ownership @ West Java Provincial Government @ West Java Municipal Government @ Banten Provincial Government 1 Banten Municipal Government Public (B Series) Ownership Structure 3Q14 3Q15 Founder (A Series) 75.00 75.00 West Java Provincial Government 38,26 38,26 West Java Municipal Governments 23,61 2
Slide 37: Road Map
Road Map To Build Sustainable Growth And Excellent Performance Bank 2015 2016-2017 2018 - 2019 Build Strong Foundation Quality Growth A Bank With Excellent Performance And Services Increasing Deposit Market Share Improving Loans Quality And Distribution Increasing Capital Adequacy Developing Support
Slide 38: Business and Strategic Alliances
Business and Strategic Alliances Sustainable Growth and Excellent Performance Bank olmproving Micro olmproving Loans oOrganic And olncreasing CASA oProviding Trade o Enhancing Loans Quality Process Through Inorganic Growth Composition Finance, Remittances, Performance Of . Four Eyes Principles Throu
Slide 39: Distribution Network
Distribution Network A bank bjb A estan Jakarta Deposits 9,8Tr Loans 6,3 Tr Micro Loans 255 bn Profit 150bn 85,292 Customers 9 Branch Offices 58 Sub Branches 5 Cash Offices 1 Payment Point 118 ATM Unit 16 Waroeng bjb 539 Employees Banten Indian Deposits 14.8Tr Loans 7.5 Tr Micro Loans 321 bn Profit
Slide 40: Branch Network Details
Branch Network Details No bjb Network 3Q'14 3Q’'15 YoY 1 Branch 62 62 = 2 Sub Branch 312 312 - 3 Cash Offices 303 315 12 4 Payment Point 115 131 16 5 ATM 1,187 1,208 21 6 Waroeng bjb (A,B & C) 510 443 -67 7 Layanan bjb Precious 11 11 - 8 MSME Center 6 6 - 9 Mobile Cash 11 11 - 10 Weekend Banking 22
Slide 41: - - - > - > 6% 1% - 18% 18 - 30 75%
18 - 30 31 - 40 41 - 50 > 50 41 - 50 > 50 6% 1% 31 - 40 18% 18 - 30 75%
Slide 42: 2014-2015 Awards
2014-2015 Awards bank bjb bank bib F PPBANK PEMBANGUNAN DAERAH JAWA BARAT DAN BANTEN THK Infobank-MRI 2014 Banking Service Excellent Awards- —_Infobank-MRI 2014 Banking Service Excellent Awards- Indonesia WOW Brand Award 2014- Gold Champion 2"4 Best Phone Handling Commercial Banking 15* Best ATM Com
Slide 43: 2014-2015 Awards
2014-2015 Awards bank bjb INOVATOR PERLUASAN KEPESERTAAN BPJS KETENAGAKERJAAN 'MELALUI SERVICE POINT OFFICE (SPO) a BPJS Awards- Innovators For BPJS Participation - Regi i Infobank Awards - Financial Performance “Very Through Service Point Office (SPO) BPJS Awards- Regional Strategic Partner 2014 Go
Slide 44: 2014-2015 Awards
2014-2015 Awards ba Allain Indonesia Property & Bank Award X 2015 Infobank Banking Service Excellence Award 2015 - MNC Business Award 2015 - Best Listed Regional 15* Best SMS Banking Conventional Banking Category Bank Infobank Award - Best Financial Performance” Best Of The Best” 2000- Annual Report
Slide 45: 2014-2015 Awards
2014-2015 Awards bank bjb Brand Finance Plc Brand Rating & SWA- Markplus WOW Brand Award 2015 - Best Tribute From OJK- Annual Report Award Ranked 434 Most Valuable Indonesia Champion Of Bandung Category Year Ended 2014 - 2"4 Best Regional Brand 2015 Conventional Bank (BUKU III) Company Listed Tribut
Slide 46: Share price and volume
Volume (RHS) Price (LHS) 1400 120 1300 100 1200 80 1100 Million Shares Rp/share 1000 60 900 40 800 20 700 600 0
Slide 47: Contact
FZ bank bjb Menara bank bjb JI. Naripan 12-14 7* Floor Bandung 40111 Telp. +6222 4234868