Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk · IDX:BJBR
Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk — PT Bank Pembangunan Daerah Jawa Barat dan Banten — Q3 2021 Earnings Presentation
40 slides from Pt Bank Pembangunan Daerah Jawa Barat & Banten Tbk's earnings presentation, Oct 25, 2021
Slide 1: Corporate Presentation - Analyst Meeting 3Q 2021
CORPORATE PRESENTATION PT Bank Pembangunan Daerah Jawa Barat dan Banten, Tbk Analyst Meeting 3Q 2021 25/10/2021
Slide 2: 3Q 2021 Performance: Consolidated
3Q – 2021 Performance Consolidated 2
Slide 3: Result Summary
Result Summary Consolidated Comparison with Industry Growth • Net Interest Income at Rp 5.7 tr (+19.3% YoY) 25,0 % Loan Growth (YoY) Income • PPOP at Rp 2.3 tr (+36.6% YoY) 20,0 Statement • LLP at Rp 519 bn (+196.3% YoY) • Net Income at Rp 1.4 tr (+17.5% YoY) 15,0 10,0 5,0 Source: SPI OJK Industry T
Slide 4: Income Statement
Income Statement Consolidated Positioning Income Statement YoY YoY (Rp bn) (%) 3Q20 3Q21 Interest Income 9,224 9,758 5.8% 535 Interest Expense 4,476 4,092 -8.6% (384) Net Interest Income 4,748 5,666 19.3% 918 Fee Based Income 701 923 31.6% 222 Operating Expense 4,007 4,535 13.2% 528 Gain (Loss) on F
Slide 5: Balance Sheet
Balance Sheet Consolidated Balance Sheet YoY 3Q20 FY20 1Q21 2Q21 3Q21 (Rp bn) (%) Cash 2,403 3,689 2,238 2,351 2,492 3.7% Current Account with BI 3,531 8,046 3,245 3,944 4,165 18.0% Secondary Reserves 41,548 28,568 35,588 41,033 45,917 10.5% Loans - net 87,075 87,695 89,376 89,752 93,148 7.0% Financ
Slide 6: Key Ratios
Key Ratios Bank Only Key Ratios 3Q20 FY20 1Q21 2Q21 3Q21 Profitability ROA (net) 1.3 1.3 1.4 1.3 1.3 ROE (net) 13.6 14.3 15.3 14.8 14.9 Cost Ratios Cost to Income Ratio 70.3 71.1 67.1 67.4 66.7 Expenses Ratio 84.4 84.0 82.5 83.1 82.9 Yield Asset Yield 10.3 10.1 9.4 9.4 9.3 Cost of Fund 4.9 4.9 4.1 3
Slide 7: Bank Only Details
3Q – 2021 Performance Bank Only Details 7
Slide 8: Loans Breakdown
Loans Breakdown Bank Only Consumer Micro Commercial Mortgage Segment YoY 3Q20 3Q21 100 (Rp bn) (%) 90 7,6 7,0 7,2 Consumer 59,522 61,101 2.7% 6,7 6,8 6,4 80 6,4 6,2 6,2 20,0 17,4 17,3 Micro 6,177 6,024 -2.5% 16,2 16,3 70 14,6 14,0 13,2 13,0 6,2 6,1 5,9 5,8 6,0 Commercial 16,223 20,037 23.5% 60 5,8 6
Slide 9: Consumer Loans
Consumer Loans Bank Only Civil Servant Loans (LHS) Pensioner Loans (LHS) NPL (RHS) YoY 70 1,0 Key Indicators 3Q20 3Q21 (%) 0,9 60 Loans Outstanding 59,522 61,101 2.7% 17,0 0,8 Net Expansion 3,212 1,206 -62.4% 50 YtD (Rp bn) 0,7 16,3 16,7 17,0 17,3 17,5 Avg. Loans Outstanding 15,7 16,1 122 120 -1.5%
Slide 10: Micro Loans
Micro Loans Bank Only KMU (LHS) Govt Program (LHS) Others (LHS) NPL (RHS) YoY Key Indicators 3Q20 3Q21 7,0 3,5 (%) Loans Outstanding 6,177 6,024 -2.5% 6,0 3,0 Net Expansion 421 (116) -127.5% YtD (Rp bn) 5,0 2,5 3,2 3,1 2,8 Avg. Loans Outstanding 3,3 2,8 2,7 161 153 -5.3% 3,1 3,0 3,0 (Rp mn) 4,0 2,0
Slide 11: Commercial Loans
Commercial Loans Bank Only Working Capital (LHS) Investment (LHS) YoY Key Indicators 3Q20 3Q21 Syndicated (LHS) NPL (RHS) (%) 25,0 15,0 Loans Outstanding 16,223 20,037 23.5% 14,0 13,0 Net Expansion 20,0 12,0 2,998 3,783 26.2% 1,2 YtD (Rp bn) 1,6 11,0 Avg. Loans Outstanding 1,8 1,2 10,0 2,953 3,009 1
Slide 12: Mortgage Loans
Mortgage Loans Bank Only Mortgage Loans (LHS) NPL (RHS) YoY Key Indicators 3Q20 3Q21 (%) 8,00 15,0 7,6 7,2 14,0 7,0 Loans Outstanding 6,675 7,572 13.4% 7,00 6,8 6,7 13,0 6,4 6,4 6,2 6,2 12,0 Net Expansion 451 766 69.9% 6,00 YtD (Rp bn) 11,0 10,0 Avg. Loans Outstanding 216 207 -4.2% 5,00 (Rp mn) 9,0
Slide 13: Deposit Breakdown
Deposit Breakdown Bank Only Deposits Breakdown YoY Current Account Savings Account Time Deposit 3Q20 3Q21 (Rp bn) (%) 140 Current Account 28,335 27,741 -2.1% 120 Saving Account 20,286 21,375 5.4% 100 Time Deposit 60,514 68,312 12.9% 68,3 80 60,5 62,0 57,5 TOTAL 109,134 117,428 7.6% (Rp tr) 44,9 44,0
Slide 14: Guidance
Guidance 2021 (%) 3Q20 FY20 1Q21 2Q21 3Q21 Guidance Loans Growth 6–8 8.7 9.3 10.3 6.8 6.9 Deposit Growth 5–6 17.9 19.5 18.5 21.0 7.6 ROA (net) 1.3 1.3 1.3 1.4 1.3 1.3 ROE (net) 13.7 13.6 14.3 15.3 14.8 14.9 NIM 5.4 – 5.7 5.5 5.4 5.5 5.6 5.7 Cost of Fund 3.50 – 4.00 4.9 4.9 4.1 3.9 3.8 Coverage Ratio
Slide 15: Special Mention Loans
Special Mention Loans Consumer Micro Commercial Mortgage Consumer (LHS) Micro (LHS) Commercial (LHS) 100% Mortgage (LHS) % to Loans (RHS) 3.000 3,5 90% 22 21 28 25 34 31 80% 35 37 37 3,0 2.500 574 70% Special Mention Contribution (%) 578 Absolute Special Mention Loans (Rp bn) 2,5 19 Special Mention/
Slide 16: Non Performing Loans
Non Performing Loans Consumer (LHS) Micro (LHS) Commercial (LHS) Consumer Micro Commercial Mortgage Mortgage (LHS) % to Loans (RHS) 100% 1.600 2,00 90% 20 22 23 24 25 22 1,80 26 23 23 1.400 80% 1,60 1.200 Absolute Non Performing Loans (Rp bn) 70% Non Performing Loan/Total Loans (%) 324 1,40 260 324
Slide 17: Yield Analysis
Yield Analysis Placement to BI Asset Yield 3Q20 3Q21 Others 7,1% (%) 1,4% Interbank Placement Placement to Bank Indonesia 1.8 2.0 2,4% Interbank Placement 3.3 1.8 Marketable Securities Securities 6.1 4.9 21,5% Loans 67,6% Loans Yield 12.1 11.7 Cost of Fund 3Q20 3Q21 (%) Interbank Lending Interbank L
Slide 18: Capital Adequacy
Capital Adequacy Risk Weighted YoY 3Q20 3Q21 •Total Capital Rp 14.2 tr (+Rp 2.2 Tr YoY) Asset (RWA) (%) Total RWA 71,811 79,948 11.3% • Total CAR at 17.7% (+112 bps YoY) Credit Risk 54,314 61,310 12.9% Addition to Net Impact to RWA/ CAR Analysis Risk Weighting CAR Rp1tr Net Operational Risk 13,211 1
Slide 19: Consumer Loans Details
3Q – 2021 Performance Consumer Loans Details 19
Slide 20: Civil Servant Loans
Civil Servant Loans Civil Servant Loans (LHS) NPL (RHS) YoY Key Indicators 3Q20 3Q21 (%) 50 0,5 45 43,2 43,3 44,1 Loans Outstanding 42,858 44,122 2.9% 42,9 42,9 42,1 40,6 41,1 40,2 40 0,4 Net Expansion 2,251 1,182 -47.5% YtD (Rp bn) 35 Avg. Loans Outstanding 113 112 -0.8% (Rp mn) 30 0,3 No of Accoun
Slide 21: Pensioner Loans
Pensioner Loans Pensioner Loans (LHS) NPL (RHS) YoY Key Indicators 3Q20 3Q21 (%) 20 0,3 17,5 Loans Outstanding 16,663 16,979 1.9% 18 17,3 17,0 17,0 16,7 16,1 16,3 15,7 Net Expansion 16 15,3 961 24 -97.5% YtD (Rp bn) 14 0,2 Avg. Loans Outstanding 152 147 -3.6% (Rp mn) 12 No of Account (Rp tr) 10 109,
Slide 22: bank bjb Sharia Performance
3Q – 2021 Performance bank bjb Sharia Performance 22
Slide 23: Result Summary - bank bjb Sharia
Result Summary bank bjb Sharia • Net Financing Income at Rp 336.4 bn (+27.3% YoY) Income • PPOP at Rp 93.8 bn (+179.6% YoY) Statement • Net Income at Rp 27.6 bn (+13.7% YoY) • Total Financing at Rp 6.2 tr (+9.3% YoY) Balance Sheet • Total Deposits at Rp 6.8 tr (+11.2% YoY) • Total Asset at Rp 9.2 tr
Slide 24: Income Statement - bank bjb Sharia
Income Statement bank bjb Sharia Income Statement YoY 3Q20 3Q21 (Rp mn) (%) Financing Income 495,972 533,757 7.6% Financing Expense 231,615 197,353 -14.8% Net Financing Income 264,357 336,404 27.3% Other Operating Income 21,608 30,372 40.6% Operating Expense 252,411 272,960 8.1% PPOP 33,554 93,816 1
Slide 25: Balance Sheet - bank bjb Sharia
Balance Sheet bank bjb Sharia BS highlight YoY 3Q20 3Q21 (Rp Mn) (%) Cash 58,843 54,828 -6.8% Current Account with Bank Indonesia 225,229 255,494 13.4% Secondary Reserves 1,653,233 2,342,562 41.7% Financing-net 5,499,450 6,018,656 9.4% Fixed Asset-net 307,078 301,637 -1.8% Other Asset 305,755 281,65
Slide 26: Key Ratios - bank bjb Sharia
Key Ratios bank bjb Sharia Sharia 3Q20 3Q21 YoY (%) CAR 16.3 23.7 +7.4% NPF Gross 3.9 4.3 +0.4% NPF Nett 1.7 2.2 +0.5% ROA 0.6 0.9 +0.3% ROE 4.7 3.5 -1.2% BOPO 93.7 89.8 -3.9% FDR 92.7 91.2 -1.5% NIM 5.2 5.6 +0.4% 26
Slide 27: Financing and Funding Breakdown
Financing and Funding Breakdown bank bjb Sharia Financing YoY 3Q20 3Q21 (Rp mn) (%) Murabahah 3,728,432 3,957,868 6.2% Qardh 117,599 141,309 20.2% Financing 1,791,682 2,066,164 15.3% Istishna 1,594 1,177 -26.2% Total Gross Financing 5,639,307 6,166,518 9.3% Funding YoY 3Q20 3Q21 (Rp mn) (%) Wadiah C
Slide 28: Company Profile
Company Profile 28
Slide 29: Board of Commissioners
Board of Commissioners From Left to Right Farid Rahman Muhadi Fahlino F. Sjuib Independent President Commissioner Commissioner Independent Commissioner Last Position Last Position Last Position President Commissioner Commissioner of bank bjb (2015-2019) Board Member EBCICON of Bank Woori Saudara (20
Slide 30: Directors
Directors From Left to Right Tedi Setiawan Rio Lanasier Nancy Adistyasari Yuddy Renaldi Suartini Nia Kania Cecep Trisna Director of Director of IT, Treasury Director of President Director of Director of Director of Operations & International Banking Commercial & MSME Director Consumer & Retail Finan
Slide 31: Network Distribution
Network Distribution bjb Network 3Q20 3Q21 YoY North East Sumatera Kalimantan Branch 65 65 - Riau Sub Branch 313 304 -9 Cash Offices 347 332 -15 Riau Island Payment Point 212 179 -33 South ATM 1,760 1,776 +16 Sumatera bjb Precious 18 18 - MSME Center 6 6 - Jakarta South Mobile Cash 51 57 +6 West Jav
Slide 32: Human Capital
Human Capital Educational Breakdown Level 3Q20 3Q21 YoY Board of Commissioners 5 3 -2 Master or Doctorate Directors 7 7 - 9% Top Management 34 36 +2 Up to Senior Management 155 161 +6 Bachelor Degree Middle Management 621 636 +15 91% First Line Management 1,523 1540 +17 Age Breakdown Staff 5,244 516
Slide 33: Shares and Ratings Information
Shares and Ratings Information Shares Issued shares 9.838.787.161 shares (Sept 30th, 2021) JCI BJBR Sept 30th, 2021 Price 1.360 IPO – July 8th, 2010 MCap Rp13,4 Tr Price 600 BV Rp12,4 Tr MCap Rp5,8 Tr BV Rp4,8 Tr 07-10 10-10 01-11 04-11 07-11 10-11 01-12 04-12 07-12 10-12 01-13 04-13 07-13 10-13 01-
Slide 34: Environment, Social and Governance (ESG)
3Q – 2021 Performance Environment, Social and Governance (ESG) 34
Slide 35: Sustainable Banking
Sustainable Banking Sustainable Finance Portfolio Financial Inclusion MSME business Eco friendly bjb INDAH bjb PESAT (Integrated Community 27.118 activity transportation 21,02% Financing of infrastructure Economic Empowerment) participant 66,88% project and procurement of good and service for privat
Slide 36: Sustainable Operation
Sustainable Operation Diversity Social Value Creation by gender 93% Bjb GreatPeople PEDULI 49% 11% Vaccinated employees Of total female Of total female in employee executive management 10.454 level Doses are given to Rp. 892 Million Rp. 7,1 Bn employees, family Medical supplies, member Employee’s fu
Slide 37: Governance
Governance Sustainable Governance Awards 2021 SNI ISO 37001 Gratification Control Sistem Manajemen Anti Unit Penyuapan (SMAP) Management and all Commitment of employees are commited to gratification control apply the implementation of program and LHKPN SMAP in any form. between bjb and KPK *in progr
Slide 38: 2021 Awards
2021 Awards The Best Public Relations 1st The Best Indonesia’s Most Popular Excellent For The Financial Top 50 Mid Capitalization Public Infobank Digital Brand Awards Enterpreneurial Marketing In Company Strategy Indonesia GCG Award VI 2021 Digital Financial Brands Performance During Listed Company
Slide 39: 2021 Awards
2021 Awards Excellent – Core Capital Rp5 T – TOP BUMD Award #5 2021 TOP CEO BUMD 2021 TOP of the TOP BUMD 2021 Indonesia Top Bank Awards 2021 The Most Innovative Bank IHCA 1st Best Indonesia Rp30 T (BUKU 3) TopBusiness TopBusiness TopBusiness The Iconomics Transformation Human Capital 2021 Infobank
Slide 40: Contact Information Investor Relations
Contact Information Contact Person Investor Relations Devi Fajar Nugraha Menara bank bjb 7th Floor IR Head Jl. Naripan 12 – 14 dinugraha@bankbjb.co.id Bandung 40111 Gekan Purnama Zainal +622 4234868 IR Manager ir@bankbjb.co.id gzainal@bankbjb.co.d Disclaimer : This report has been prepared by PT Ban
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