Bank Of Bahrain And Kuwait B.s.c. · BAHRAIN:BBK
Bank Of Bahrain And Kuwait B.s.c — FY2020 Earnings Presentation
14 slides from Bank Of Bahrain And Kuwait B.s.c's earnings presentation, Mar 21, 2021
Slide 1: BBK Financial Performance for the year 2020
BBK Financial Performance for the year 2020 21 March 2021 1
Slide 2: Strategic Plans & Developments
Strategic Plans & Developments 2
Slide 3: BBK new strategy focuses on 2 pillars
2021 marks the last year of BBK’s current 3 years Corporate Strategy plan. The Bank will soon start BBK new strategy on working on the next focuses on 2 pillars: strategy for 2022-2024 Strengthening core Adapting latest activities FinTech innovations 3
Slide 4: The main strategic directions
The main Revitalize international operations strategic directions Improve BBK’s market share by being top digitally of the enabled relationship Retail bank in Bahrain new strategy Grow retail products offerings are as follows: Grow Corporate banking business cautiously 4
Slide 5: Major Corporate Events
Major Corporate Events 5
Slide 6: Major Corporate Events
Major Corporate Events Women empowerment - Appointment of 5 women members to the Bank’s and its subsidiaries’ boards of directors reflects the keenness of BBK Group to enhance women's representation on their boards of directors. During March 2020, BBK announced the repayment of its USD 400 milli
Slide 7: Major Corporate Events
Major Corporate Events The Bank was able to successfully launch a number of initiatives, including: Rolling out the new state-of-the-art branches at City Center Mall and Tala Plaza features the BBKPlus digital zone with a range of self-service technologies. The “BBK PLUS” application allowing
Slide 8: Major Corporate Events
Major Corporate Events As part of its social responsibilities, BBK continued its contribution to the community through various grants and donations. During the year the Bank and Ithmaar Holdings executed a memorandum of understanding to streamline the formal process of the potential acquisition
Slide 9: Financial Highlights
Financial Highlights 9
Slide 10: Financial Performance
Financial Performance For the year 2020 BHD (millions) 120 107 100 81 80 75 -25% 63 61 60 51 52 4% -31% 40 38 -26% 20 20 6 - -70% Net interest income Other income Operating expenses Net provis ions, tax es & Net profit non-controlling inte res t 2020 2019 10
Slide 11: Financial Position
Financial Position At 31 December 2020 BHD (m illions) 4,500 4,000 3,865 3,760 3,500 -3% 3,000 2,500 2,167 2,170 2,000 0% 1,671 1,556 1,445 1,500 1,359 -7% 6% 1,000 515 547 500 -6% - Loans and advances to Investment securities & Total Assets Customer deposits Total Liabilities & Equity customers Tre
Slide 12: Profitability, Assets Quality, Regulatory Ratios
Full year Full year Profitability 2020 2019 Return on Average Equity % 11.36 14.86 Return on Average Assets % 1.32 1.95 Earning Per share BHD 0.039 0.056 Cost/ Income % 51.17 40.02 Assets Quality Specific Coverage Ratio % 61.22 73.98 ECL Coverage Ratio (ECL/ PL) % 1.89 1.57 Gross NPL/ Gross Loans %
Slide 13: Q&A Session
Q&A Session 13
Slide 14: Thank You
Thank You 14
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