Union Bank Of Colombo Plc · CSELK:UBC.N0000
Union Bank Of Colombo — Q1 2017 Earnings Presentation
17 slides from Union Bank Of Colombo's earnings presentation, 2017
Slide 1: Towards a Bold Leap – Investor Presentation 1Q 2017
TOWARDS A BOLD LEAP INVESTOR PRESENTATION 1Q 2017 1
Slide 2: Vision
Vision Our Vision is to be the innovator of Banking Solutions to the wider Corporate, SME and Retail Segments and to be their Bank of choice, through professional and empowered people. 2
Slide 3: Mission
Mission To our customers we provide the means of economic up-liftment through customized banking and financial services. To our shareholders we provide a return on their investment above industry norm. To our staff we are a learning and innovative organization providing opportunities for faste
Slide 4: Key Company Milestones
Key Company Milestones 1995-2010 2011-2013 2014-2016 2017 onwards Established as the 8th Listed in the CSE, TPG through its affiliate UB Brand was ranked 6 Indigenous Commercial Highest oversubscribed Culture Finance Holding notches above in the Bank IPO strikes landmark deal with Top 100 Brands lis
Slide 5: Key Highlights
Key Highlights •02 Branches Relocated •03 Branches Remodeled •Off-site ATM Network reached 55 ATMs •Launch of Instant Cash remittance service •Pawning service extended to 45 branches •Personal Loan Portfolio reached Rs. 4 Bn milestone •Savings Promotion “ Kalin Avurudu” •Western Union Seasonal Promo
Slide 6: Financial Overview - Bank
Financial Overview - Bank “The Bank has successfully withstood a challenging 1st quarter. With a strong balance sheet, core income and profit before tax growth, Union Bank will continue to invest and build on this to deliver on its focused business strategy” - CEO 6
Slide 7: Snapshot
Snapshot Group Performance • Net Interest Income grew by 61% YoY to Rs. 922Mn • Net Fee and Commission Income grew by 28% YoY to Rs. 204Mn • Profit before tax and VAT grew by 18% YoY to Rs. 223Mn • Total Assets grew by 8% YTD to Rs. 108,998Mn Bank Performance • Net Interest Income grew by 73% YoY to
Slide 8: Financial Performance – Bank
Financial Performance – Bank LKR Mn 1Q 17 1Q 16 Growth Net Interest Income 767 444 323 73% Net Fee and Commission Income 166 116 50 43% Net Trading and other Operating Income 78 186 (107) (58%) Total Operating income 1,011 746 265 36% Operating Cost 771 668 (103) (15%) Impairment Charges 93 3 (91) (
Slide 9: Revenue Generation – Bank
Revenue Generation – Bank Net Interest Income Non Interest Income LKR Mn LKR Mn 856 354 357 323 767 244 672 213 535 444 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 • Net Interest Income increased by 73% YoY despite the challenging Macro-Economic environment. Bank remained focused on
Slide 10: Statement of financial position – Bank
Statement of financial position – Bank LKR Mn Mar-17 Dec-16 Growth Total Assets (LKR Mn) Treasury Assets 28,348 28,592 (245) (1%) Loans & Advances 61,168 55,438 5,730 10% 100,907 93,009 Non Earning assets 4,174 3,984 190 5% Cash & Balance with CB 7,217 4,994 2,223 45% Total Assets 100,907 93,009 7,8
Slide 11: Composition of the Balance Sheet
Composition of the Balance Sheet Assets Composition Segmental Loan Composition – 1Q’17 Retail 13% Loans – 68 % Corporate 47% Assets Treasury Assets – 21% SME 40% Funding Composition In line with the Bank’s strategy, Retail Deposits – 57% assets composition have increased to 13% from 11% in the previ
Slide 12: Loan Growth & Capital Adequacy
Loan Growth & Capital Adequacy Loans and Receivables Non Performing Asset Ratio (%) LKR Mn 61,168 55,438 2.3% 52,418 48,513 2.0% 43,259 1.9% 1.90% 1.56% 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 Capital Adequacy Ratio (%) • Loans and Receivables of the Bank grew to Rs. 61Bn, a 10%
Slide 13: Deposit Growth & CASA
Deposit Growth & CASA Customer Deposits LKR Mn 57,200 49,589 51,841 42,598 45,803 • Customer Deposits grew by 10% to Rs. 57Bn in the Quarter. • CASA balance grew to Rs. 13Bn YTD. 1Q16 2Q16 3Q16 4Q16 1Q17 CASA LKR Mn 12,358 13,020 11,703 10,583 9,809 1Q16 2Q16 3Q16 4Q16 1Q17 13
Slide 14: Key Indicators - Bank
Key Indicators - Bank 1Q 2017 FY 2016 R O A-After Tax 0.4% 0.6% R O E-After Tax 2.2% 2.7% NIM 3.2% 3.1% NPL Ratio % (Gross) 2.7% 2.4% NPL Ratio % (Net) 1.9% 1.6% Core Capital Adequacy 22.1% 22.9% Total Capital Adequacy 21.5% 22.2% 14
Slide 15: Financial Performance – Group
Financial Performance – Group LKR Mn 1Q 17 1Q 16 Growth Net Interest Income 922 571 351 61% Net Fee and Commission Income 204 105 99 94% Net Trading and other Operating Income 109 342 (232) (68%) Total Operating income 1,236 1,018 218 21% Operating Cost 892 800 (93) (12%) Impairment Charges 121 29 (
Slide 16: Statement of financial position – Group
Statement of financial position – Group LKR Mn Mar-17 Dec-16 Growth Total Assets (LKR Mn) Treasury Assets 21,305 21,299 6 0% 108,997 Loans & Advances to Customers 68,960 62,932 6,028 10% 100,533 Other Loans & Advances 6,240 6,740 (500) (7%) Non Earning assets 4,429 4,356 72 2% Cash & Balance with CB
Slide 17: Board of Directors and Leadership Team
Board of Directors and Leadership Team Board of Directors Legal Form Name Title A Public Limited Liability Company incorporated in Sri P. Jayendra Nayak Chairman Lanka under the Companies Act No. 17 of 1982. Re- Asoka de Silva Deputy Chairman registered under the Companies Act No. 7 of 2007. Listed
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