Standard Chartered Plc · LSE:STAN
Standard Chartered — CLSA Investors Forum 2011
12 slides from Standard Chartered's conference presentation, September 2011
Slide 1: CLSA Investors Forum 2011: Leading the way
CLSA Investors Forum 2011 Jaspal Bindra Group Executive Director and CEO Asia Leading the way In Asia, Africa and the Middle East
Slide 2: Forward looking statements
Forward looking statements This presentation contains or incorporates by reference ‘forward-looking statements’ regarding the belief or current expectations of Standard Chartered, the Directors and other members of its senior management about the Group’s businesses and the transactions described in
Slide 3: Who we are
Who we are Over 150 year heritage 1 700 offices in 70 markets 1,700 Around 85,000 employees More than 90% of profit from Asia, Africa and Middle East Primary listings in London, Hong Kong & Mumbai Credit C di ratings ti A A+ / A1 / AA- AA (S&P / Moody’s / Fitch respectively) Lead regul
Slide 4: Our strategy
Our strategy Consistent strategy Building deep long-term relationships with our clients and customers Conservative business model Focus on organic growth Culture and values is a key differentiator 3
Slide 5: Half year results update
Half year results update H1 11 vs H1 11 vs US$m H1 10 H2 10 H1 11 H1 10 % H2 10 % Income 7,924 8,138 8,764 11 8 Expenses p ((4,344) , ) ((4,679) , ) ((4,677) , ) 8 ((0)) Operating profit before impairment 3,580 3,459 4,087 14 18 Loan impairment (437) (446) (412) (6) (8) Other impairment (50) (26) (7
Slide 6: Diversity is a key differentiator
Diversity is a key differentiator H1 2011 operating income US$8,764m… …by b product d t …by b geography h Principal Fin America UK & Corporate Fin 2% Europe CCPL Hong Kong 10% 13% 10% 17% ALM Africa 5% 8% Credit & Oth Wealth Mgmt 1% 7% Capital Mkts 3% Consumer Banking Middle East & Singapore Commodi
Slide 7: Wholesale Banking performance
Wholesale Banking performance US$m H1 10 H2 10 H1 11 vs H1 11 vs H1 11 H1 10 % H2 10 % Income 5,012 4,967 5,427 8 9 Expenses (2,357) (2,483) (2,568) 9 3 Operating profit before impairment 2,655 2,484 2,859 8 15 p Loan impairment ((138)) ((167)) ((201)) 46 20 Other impairment (46) (18) (68) 48 nm Ope
Slide 8: Consumer Banking performance
Consumer Banking performance US$m H1 10 H2 10 H1 11 vs H1 11 vs H1 11 H1 10 % H2 10 % Income 2,912 3,167 3,337 15 5 Expenses (1,966) (2,210) (2,109) 7 (5) Operating profit before impairment 946 957 1,228 30 28 p Loan impairment ((299)) ((279)) ((211)) ((29)) ((24)) Other impairment (4) (8) (4) 0 (50
Slide 9: Our markets
Our markets GDP growth 2010 2011F 2012F (%) Eurozone 1.7 1.8 1.5 US 2.8 1.6 2.0 China 10.3 9.3 10.0 Hong Kong 7.0 5.0 4.9 India* 8.5 7.7 8.3 Indonesia 6.1 6.5 7.0 Malaysia 7.2 4.2 4.4 Philippines 7.6 4.3 5.5 Singapore 14.5 4.8 4.6 South Korea 6.2 3.5 4.0 T i Taiwan 10 5 10.5 46 4.6 51 5.1 Thailand 7
Slide 10: Outlook
Outlook Double digit income growth for 2011 for Group as whole Flat Fl t jaws j excluding l di ththe UK b bank k llevy ffor th the G Group as a whole Remain committed to financial principles Regulation remains the main risk 9
Slide 11: Conclusion
Conclusion Second half has started well; momentum continuing in both businesses Remain focused on balance sheet foundations Well positioned in growth markets and continuing ti i tto take t k market k t share h 10
Slide 12: Q&A
Standard Q@@ Q &a