Allied Bank Limited · PSX:ABL
Allied Bank — FY2019 Earnings Presentation
21 slides from Allied Bank's earnings presentation, Dec 31, 2019
Slide 1: Investor Presentation Financial Results - December 2019
INVESTOR PRESENTATION Financial Results - December 2019
Slide 2: Table of Contents
Table of Contents Stock ABL at a Glance Investments Deposits Annexures Market Data 1 2-4 6 7 8 9 10-11 5 12-16 Awards Major Highlights Advances Key Ratios & Balance Sheet - Total Assets & & Balance Sheet – Total Liabilities CGR Asset Quality Channels Income Statement
Slide 3: ABL At Glance
1 ABL At Glance Overseas Branches • Bahrain WBU • Export Processing Zone Rep Offices Subsidiary • UAE-Dubai • China-Beijing Asset Management Domestic Co. Ltd. Holding 100% Branches Entity Credit Rating 1,393 (incl.117 Islamic) Long Term: AAA Digital Touch Short Term: A1+ Points Corporate Governance
Slide 4: Major Highlights Balance sheet (Assets)
2 Major Highlights Balance sheet (Assets) (Rs. in Billion) 1,600 200 87 1,400 47 100 Total Assets Rs. 1,481 Billion (Increased by 10% -21 18 1,200 0 in line with industry growth) 1,000 -14% 13% 11% 22% -100 800 1,481 -200 1,351 600 Net Advances stood at Rs. 485 Billion 400 -300 (increased by 11% com
Slide 5: Major Highlights Balance sheet (Liabilities)
3 Major Highlights Balance sheet (Liabilities) (Rs. in Billion) 1,600 65 100 Total Liabilities Rs. 1,366 Billion (increased by 1,400 41 17 50 10%) 1,200 1,000 0 53% 800 18% 7% -50 600 1,243 1,366 -100 400 200 -150 • Deposits aggregated to reach Rs. 1,049 - -200 billion; Growth of 7% from Dec-18 leve
Slide 6: Major Highlights Income Statement
4 Major Highlights Income Statement (Rs. in Million) • Volumetric growth in earning assets and effective duration management facilitated Growth of 29% in 25,000 9,392 Net Interest Income; • 20,000 Fee & Commission income increased by 17%; 15,000 Foreign Exchange Income increased by 32% -398 -4,132 -
Slide 7: Investments
5 Investments (Rs. in Million) Investments Dec' 19 Dec'18 Var. Growth Pakistan Investment Bonds 154,349 64,695 89,654 139% Market Treasury Bills 542,566 543,455 (889) 0% Listed and Unlisted Shares 25,387 26,428 (1,041) -4% TFCs, Bonds, Sukuks and Mutual Funds 27,304 30,826 (3,523) -11% 2019 4% Subsi
Slide 8: Advances & Asset Quality
6 Advances & Asset Quality (Rs. in Billion) Gross Advances reached Rs. 500 bln (10% ↑ ) 600 9.0% 7.8% (Industry Growth 4%) 7.2% 8.0% 500 6.8% 7.0% 6.4% 7.0% 5.9% 400 6.0% 326 341 4.6% Net ADR ratio reached 46% (Industry 5.0% 300 262 289 285 349 3.5% 4.0% Sep’19 ADR: 52.9%) 389 3.2% 200 454 3.0% 500
Slide 9: Deposits
7 Deposits (Rs. in Billion) Particulars Dec' 19 Dec'18 Var (% ) Market Share: 7.9% Current 411 364 13% Industry Growth: 10% Saving 458 445 3% Term 181 176 3% CASA Mix: 83% Total Deposits 1,049 985 7% 1,200 1,049 985 1,000 883 805 800 735 869 668 809 608 600 515 690 Total Deposits 400 617 CASA (Incld
Slide 10: Key Ratios & Channels
8 Key Ratios & Channels Key Ratios ABL Industry Month Dec'19 Dec'18 Sep' 19 ROA (%) 1% 1% 1% ROE (Tier I) (%) 16.2% 15.8% 12% Capital Adequacy Ratio (%) 22% 22% 17% Revenue to Cost Ratio 1.90 1.85 - Channels Dec' 19 Dec' 18 Growth Total Branches 1,395 1,345 50 Conventional 1,278 1,228 - Islamic 117
Slide 11: Stock Market Data
9 Stock Market Data 15.0% 10.0% 5.0% Pakistan Stock Exchange Code: ABL 0.0% Jan-19 Feb-19Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 -5.0% Bloomberg Code: ABL PA -10.0% -15.0% Shares Outstanding (mln): 1,145.07 -20.0% Market Capitalization (Rs. bln): 109.4 -25.0% -30.0% Sto
Slide 12: Awards & Achievements
10 Awards & Achievements 1 2 3 4 5 6 7 8 CFA Society Best Place to SAFA- Certificate of Best Utility Deal of the Best Primary Top Issuer of Certificate of Year from Triple Pakistan – Work in Excellence Corporate Dealer – SBP PayPak Debit Merit A Asia Best Bank of Financial 2019 - Report 2018 2018-19
Slide 13: Corporate Governance & Ratings
11 Corporate Governance & Ratings Corporate Entity Rating Governance Deposits Rating PACRA VIS Credit Rating Moody’s Company • AAA (Long Term) • CGR-9+ • B3 • A1+ (Short Term) • Very high level of corporate • Rating reflects bank’s stable • A very low expectation of governance; the rating deposits-b
Slide 14: Annexures
yA Annexures Allied Bank
Slide 15: Statement of Financial Position : Standalone
13 Statement of Financial Position : Standalone Annexure - A Rs. in Million US$ in Million ASSETS Growth Dec' 19 Dec'18 Var. Dec' 19 Dec'18 Var. Cash and Balances with Banks 120,546 101,763 18,783 778 657 121 18% Lending to FIs 13,607 53,780 (40,173) 88 347 (259) -75% Investments 757,957 671,228 86,
Slide 16: Statement of Financial Position : Consolidated
14 Statement of Financial Position : Consolidated Annexure - B Rs. in Million US$ in Million ASSETS Growth Dec' 19 Dec'18 Var. Dec' 19 Dec'18 Var. Cash and Balances with Banks 120,546 101,753 18,793 778 657 121 18% Lending to Fis 13,607 53,780 (40,173) 88 347 (259) -75% Investments 759,654 672,587 8
Slide 17: Income Statement : Standalone
15 Income Statement : Standalone Annexure - C Rs. in Million US$ in Million Particulars Growth Dec' 19 Dec'18 Var. Dec' 19 Dec'18 Var. Mark-up/ interest Income 122,637 73,274 49,363 792 473 319 67% Mark-up/ interest Expensed 81,130 41,159 39,971 524 266 258 97% Net Mark-up/ interest Income 41,507 32
Slide 18: Income Statement : Consolidated
16 Income Statement : Consolidated Annexure - D Rs. in Million US$ in Million Particulars Growth Dec' 19 Dec'18 Var. Dec' 19 Dec'18 Var. Mark-up/ interest Income 122,639 73,275 49,364 792 473 319 67% Mark-up/ interest Expensed 81,133 41,157 39,976 524 266 258 97% Net Mark-up/ interest Income 41,506
Slide 19: Disclaimer
17 Disclaimer The information being presented herein is solely for your information. Except for the historical information, statements that describe the Bank’s objectives, plans or goals discussed in Investor Conference Call are forward‐looking statements. These forward looking statements involve a
Slide 20: Contact Us
Contact Us Humza Taimur +92-42-35880043 humza.taimur@abl.com Unit Head Strategic Ext: 32641 Planning 20
Slide 21: Thank You
BR 728 JSR “Gee gy) | ie | “THANK YOU ~~ SS 8 ife= "he Agee