Standard Bank Copper ETN · JSE:SBCOP
Standard Bank Copper ETN — Standard Bank Group — UBS South Africa Financial Services Conference (October 2024)
17 slides from Standard Bank Copper ETN's conference presentation, Oct 8, 2024
Slide 1: Capitalising on the GNU Opportunity
AFRICA IS OUR HOME, WE DRIVE HER CAPITALISING ON THE GNU OPPORTUNITY Luvuyo Masinda: Chief Executive, Corporate and Investment Banking 08 October 2024 1 | STANDARD BANK GROUP CAPITALISING ON THE GNU OPPORTUNITY | 08 October 2024
Slide 2: Agenda
Agenda 01 02 03 Reflecting on the CIB South Africa CIB South Africa GNU today strategic growth themes 2 | STANDARD BANK GROUP CAPITALISING ON THE GNU OPPORTUNITY | 08 October 2024
Slide 3: Reflecting on the government of national unity
Reflecting on the government of national unity 01
Slide 4: Rational, fact-based optimism on the government of national unity and overall SA trajectory
Rational, fact-based optimism on the government of national unity and overall SA trajectory… Government of national unity a Supported by uptick in sentiment and In a period of gradual progress and positive outcome positive market reaction stability Business Confidence Index Year to date electricity
Slide 5: …that can deliver promising mid-term economic growth, supported by favourable rate cycle
…that can deliver promising mid-term economic growth, supported by favourable rate cycle Upward revisions to growth… …cycling into favourable interest rate cycle Real GDP, % Inflation (YE), % Repo Rate (YE), % +0.3% 6.9% 8.25 +0.1% 2.1% 6.0% 1.9% 1.8% 5.1% 7.75 4.5% 4.4% 7.25 7.25 1.1% 7.00 0.7% 202
Slide 6: CIB South Africa today
CIB South Africa today 02
Slide 7: CIB SA: a diversified, at-scale market leader
CIB SA: a diversified, at-scale market leader CIB South Africa serves large companies (multinational, regional and domestic), governments, SOCs and institutional clients Delivering compelling client … through deep expertise across We are recognised as a leader in the solutions… sectors market • Prim
Slide 8: Delivering robust financial results
Delivering robust financial results Revenue growth Revenue by business unit Revenue by sector 5-year CAGR, % FY23, % FY23, % +7% +7% +7% CIB SA: 7.3% SA market: 5.3% Investment Financial and Consumer and Transaction Banking Government Secondary Banking 23% 35% 36% 41% 41% 24% Global Markets Primary
Slide 9: A diversified and well-managed credit risk portfolio, positioned for growth
A diversified and well-managed credit risk portfolio, positioned for growth Shape of portfolio Credit loss ratio to customers Infrastructure R41bn Consumer R41bn Energy R43bn 6% CIB through the cycle range: 40bps – 60 bps 14% Mining and Metals 15% R9bn 3% Telecoms, Technology and Media 10% R28bn 25%
Slide 10: CIB South Africa strategic growth themes
CIB South Africa strategic growth themes 03
Slide 11: Key growth themes for South Africa
Key growth themes for South Africa Infrastructure investment Harnessing private capital Energy security and transition Transport – roads, rail, ports Family office / founders / Energy sources and access business builders Construction and cement Private equity and specialist Generation of energy fund
Slide 12: Infrastructure investment
Infrastructure investment Growth themes The South Africa opportunity • Reforms enabling private sector participation in transport (rail, ports R150 billion & terminals) and water Potential investment in rail and water infrastructure • Construction and cement are critical enablers for infrastructure
Slide 13: Harnessing private capital
Harnessing private capital Global context and outlook South Africa growth themes • From 2010 to 2023, ~ZAR200 billion of equity capital raised by • Larger investor access to private equity opportunities through private traditional private equity firms: 2023 is the highest at R28 billion market dereg
Slide 14: Energy security and energy transition
Energy security and energy transition Growth themes The South Africa opportunity • Uninterrupted power supply from Eskom since 26 March 2024: load • Government generation and storage: continued implementation shedding remains suspended through various IPP programs • Renewable energy generation expec
Slide 15: In conclusion
In conclusion Fact based optimism on the government of national unity and SA economic outlook 1 ▪ Government of national unity a positive outcome ▪ Electoral outcome complemented by other recent improvements that support stronger economic outlook CIB South Africa is a market leader, positioned to su
Slide 16: Q&A
Q&A
Slide 17: Thank you
THANK YOU
Standard Bank Group — UBS South Africa Financial Services Conference (October 2024) on 6ix