Cimb Group Holdings Bhd · MYX:CIMB
Cimb Group Holdings Bhd — H1 2016 Earnings Presentation
71 slides from Cimb Group Holdings Bhd's earnings presentation, Aug 29, 2016
Slide 1: Analyst Presentation 1H16 Results
Analyst Presentation 1H16 Results 29 August 2016
Slide 2: Agenda
Agenda 1. Key Highlights 2. CIMB Group 1H16 Financials 3. PBT by Segment 3.1 Regional Consumer Banking 3.2 Regional Commercial Banking 3.3 Regional Wholesale Banking 3.4 Group Asset Management & Investments 3.5 Group Funding 3.6 CIMB Islamic 4. T18 Updates 5. Final Remarks 2
Slide 3: 1. Key Highlights
CIMB Group : 1H16 Results 1. Key Highlights
Slide 4: Key Financial Highlights
Key Financial Highlights Operating Income (RM ‘mil) Overhead Expenses (RM ‘mil) Loan Impairment (RM ‘mil) +1.5% Y-o-Y -0.7% Y-o-Y -1.1% Y-o-Y +4.8% Q-o-Q -2.2% Q-o-Q +26.7% Q-o-Q 7,628 ^ 7,514 4,259 4,228 1,066 1,054 3,903 2,137 2,091 589 3,725 465 1H15 1H16 1Q16 2Q16 1H15 1H16 1Q16 2Q16 1H15 1H16 1
Slide 5: Key Ratios
Key Ratios ROE NIM CI -380bps Q-o-Q -60bps Y-o-Y -1bps Y-o-Y -130bps Y-o-Y +50bps Q-o-Q +1bps Q-o-Q ^~ ^ 57.4% 8.7% 2.64% 56.7% 8.4% 2.63% 2.62% 2.63% 55.4% 8.1% 53.6% 7.9% 1H15 1H16 1Q16 2Q16 1H15 1H16 1Q16 2Q16 1H15 1H16 1Q16 2Q16 BAU BAU LD Loan Loss Charge CET 1 +100bps Y-o-Y -50bps Y-o-Y -5bps
Slide 6: PBT By Segments
PBT By Segments 1H16 1H15^~ Group Funding Group Funding (5%) 6% GAMI GAMI 6% 6% Consumer Banking Wholesale Wholesale Consumer 52% Banking Banking Banking 37% 36% 40% Commercial Commercial Banking Banking 10% 12% 1H16 PBT Growth by Key Divisions Consumer Commercial Wholesale Group Asset Group Banking
Slide 7: PBT By Country
PBT By Country 1H16* 1H15*^~ Others Others Singapore 2% Singapore 5% 6% Thailand 9% 4% Thailand Indonesia 5% Indonesia 13% 4% Malaysia Malaysia 75% 77% 1H16* PBT Growth by Key Countries PPOP Y-o-Y +0.6%~ +26.4% +14.0% -8.0% # PBT Y-o-Y +1.6% ~ +241.2% -15.2% -36.8% # PBT Q-o-Q +11.2% +66.9% -92.0% +
Slide 8: 2. CIMB Group 1H16 Financials
CIMB Group : 1H16 Results 2. CIMB Group 1H16 Financials
Slide 9: Quarterly Earnings Trend
Quarterly Earnings Trend 10.7% 9.8% 9.0% 8.2% 9.1% 8.4% 7.9% 8.4% 2.7% *RM ’mil 4,041 3,903 3,680 3,834 3,840 3,725 3,407 3,529 3,545 1,281 1,179 1,199 1,209 1,164 1,123 1,189 1,026 950 890 782 877 902 850 814 873 386 252 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 Operating income* PBT* Net profit
Slide 10: Earnings Summary
Earnings Summary 1H15 (RM ‘mil) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* Net interest income 5,451 5,118 6.5% 2,720 2,731 (0.4%) Non interest income 2,177 2,396 (9.1%) 1,183 994 19.0% Operating income 7,628 7,514 1.5% 3,903 3,725 4.8% Overhead expenses (4,228) (4,259) (0.7%) (2,091) (2,137) (2.2%) PPOP 3,400
Slide 11: Key Ratios
Key Ratios 1H15 (%) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* ROE ~ 8.1 8.7 8.4 7.9 NIM ~** 2.63 2.64 2.63 2.62 Non-interest income / total income 28.5 31.9 30.3 26.7 Cost to income 55.4 56.7 53.6 57.4 Allowance coverage # 83.5 77.9 83.5 84.8 Loan loss charge ~ 0.71 0.76 0.79 0.64 Gross impaired loans ratio 3
Slide 12: Operating Expenses
Operating Expenses 1H15 (RM ‘mil) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* Personnel 2,360 2,411 (2.1%) 1,205 1,155 4.3% Establishment 965 954 1.2% 448 517 (13.3%) Marketing 143 181 (21.0%) 60 83 (27.7%) Admin & General 760 713 6.6% 378 382 (1.0%) Total 4,228 4,259 (0.7%) 2,091 2,137 (2.2%) Total (Actual) 4,
Slide 13: Gross Loans Growth
Gross Loans Growth Loans by Country as at 30 Jun 16 # Divisions / Products (RM ‘bil) 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Others Consumer Banking (51.3%) 151.5 138.2 9.6% 147.5 2.7% 7% Singapore Mortgages 74.9 66.8 12.1% 72.5 3.3% 11% Term Loans 33.8 31.7 6.6% 33.2 1.8% Thailand 8% Malaysia Aut
Slide 14: Deposits Growth
Deposits Growth Deposits by Country as at 30 Jun 16 Divisions / Products (RM ‘bil) 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Others Consumer Banking (43.8%) 139.4 124.2 12.2% 134.3 3.8% 5% Singapore Commercial Banking (13.6%) 43.4 40.2 8.0% 42.3 2.6% 12% Thailand Wholesale Banking # (42.6%) 135.6 13
Slide 15: CASA Growth
CASA Growth CASA by Country as at 30 Jun 16 Country (RM ‘bil) 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Others Malaysia 60.7 60.1 1.0% 61.2 (0.8%) Singapore 2% 10% Indonesia ** 28.5 25.0 14.0% 26.5 7.5% Thailand Thailand 10.2 6.1 67.2% 9.2 10.9% 9% Malaysia Singapore 10.9 11.6 (6.0%) 10.9 - 54% Indo
Slide 16: Capital Management : CIMB Group
Capital Management : CIMB Group Capital Ratios Min Req. # CET1 5.125% + 10.4% ^ 10.6% ^ 10.7% 9.7% + 9.3% + 11.8% ^ ^ 12.2% # 11.0% + 11.8% Tier 1 6.625% 10.6% ^ # + 15.4% ^ 15.6% 15.4% 14.0% 13.4% + Total Capital 8.625% Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Leverage Ratio (times) Gearing Ratio Double
Slide 17: 3. PBT by Segment
CIMB Group : 1H16 Results 3. PBT by Segment
Slide 18: PPOP by Segments
PPOP by Segments 1H15 PPOP (RM ‘mil) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* Consumer Banking (43.7%) 1,486 1,217 22.1% 801 685 16.9% Commercial Banking (13.2%) 449 371 21.0% 209 240 (12.9%) Wholesale Banking (44.6%) 1,515 1,437 5.4% 816 699 16.7% Corporate Banking (27.3%) 928 992 (6.5%) 471 457 3.1% Treasu
Slide 19: PBT by Segments
PBT by Segments 1H15 PBT (RM ‘mil) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* Consumer Banking (51.6%) 1,192 878 35.8% 635 557 14.0% Commercial Banking (9.9%) 230 276 (16.7%) 84 146 (42.5%) Wholesale Banking (37.1%) 859 809 6.2% 451 408 10.5% Corporate Banking (15.2%) 351 363 (3.3%) 171 180 (5.0%) Treasury & M
Slide 20: 3.1 Regional Consumer Banking
CIMB Group : 1H16 Results 3.1 Regional Consumer Banking
Slide 21: Consumer Banking
Consumer Banking (RM ‘mil) 1H16 1H15 Y-o-Y 2Q16 1Q16 Q-o-Q Net interest income 2,598 2,468 5.3% 1,309 1,289 1.6% Non interest income 908 787 15.4% 468 440 6.4% Operating income 3,506 3,255 7.7% 1,777 1,729 2.8% Overhead expenses (2,020) (2,038) (0.9%) (976) (1,044) (6.5%) PPOP 1,486 1,217 22.1% 801
Slide 22: Consumer Banking : Gross Loans
Consumer Banking : Gross Loans Country 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Malaysia (RM ‘bil) 114.6 105.9 8.2% 112.5 1.9% Indonesia (IDR ‘bil) 51,908 51,252 1.3% 51,935 (0.1%) Thailand (THB ‘bil) 98.6 90.5 9.0% 96.0 2.7% Singapore (SGD ‘mil) 2,900 2,482 16.8% 2,780 4.3% Others * (RM ‘bil) 0.5
Slide 23: Consumer Banking : Deposits
Consumer Banking : Deposits Country 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Malaysia (RM ‘bil) 84.7 76.8 10.3% 83.7 1.2% Indonesia (IDR ‘bil) 90,856 88,818 2.3% 89,129 1.9% Thailand (THB ‘bil) 105.0 117.4 (10.6%) 92.6 13.4% Singapore (SGD ‘mil) 5,078 4,097 23.9% 4,936 2.9% Others * (RM ‘bil) 0.6 0
Slide 24: 3.2 Regional Commercial Banking
CIMB Group : 1H16 Results 3.2 Regional Commercial Banking
Slide 25: Commercial Banking
Commercial Banking (RM ‘mil) 1H16 1H15 Y-o-Y 2Q16 1Q16 Q-o-Q Net interest income 837 771 8.6% 406 431 (5.8%) Non interest income 163 164 (0.6%) 85 78 9.0% Operating income 1,000 935 7.0% 491 509 (3.5%) Overhead expenses (551) (564) (2.3%) (282) (269) 4.8% PPOP 449 371 21.0% 209 240 (12.9%) (Provisio
Slide 26: Commercial Banking : Gross Loans
Commercial Banking : Gross Loans Country 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Malaysia (RM ‘bil) 15.2 13.0 16.9% 14.4 5.6% Indonesia (IDR ‘bil) 33,535 35,936 (6.7%) 33,283 0.8% Thailand (THB ‘bil) 46.6 50.5 (7.7%) 48.8 (4.5%) Singapore (SGD ‘mil) 2,557 3,132 (18.4%) 2,586 (1.1%) Others * (RM ‘b
Slide 27: Commercial Banking : Deposits
Commercial Banking : Deposits Country 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Malaysia (RM ‘bil) 17.9 16.8 6.5% 18.2 (1.6%) Indonesia (IDR ‘bil) 34,676 34,850 (0.5%) 34,349 1.0% Thailand (THB ‘bil) 13.8 22.2 (37.8%) 18.2 (24.2%) Singapore (SGD ‘mil) 4,313 3,353 28.6% 3,994 8.0% Others * (RM ‘bil)
Slide 28: 3.3 Regional Wholesale Banking
CIMB Group : 1H16 Results 3.3 Regional Wholesale Banking
Slide 29: ASEAN Capital Markets Activities
ASEAN Capital Markets Activities Industry ASEAN ECM Industry ASEAN DCM USD ‘mil USD ‘mil -54.4% Y-o-Y +17.2% Y-o-Y +653.2% Q-o-Q +31.2% Q-o-Q 10,364 30,832 26,313 4,727 4,173 17,499 13,333 554 1H15 1H16 1Q16 2Q16 1H15 1H16 1Q16 2Q16 Industry ASEAN IPO Industry ASEAN M&A USD ‘mil USD ‘bil -25.5% Y-o-
Slide 30: Wholesale Banking
Wholesale Banking 1H15 (RM ‘mil) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* Net interest income 1,825 1,647 10.8% 908 917 (1.0%) Non interest income 946 1,102 (14.2%) 511 435 17.5% Operating income 2,771 2,749 0.8% 1,419 1,352 5.0% Overhead expenses (1,256) (1,312) (4.3%) (603) (653) (7.7%) PPOP 1,515 1,437 5.
Slide 31: Wholesale Banking : Corporate Banking
Wholesale Banking : Corporate Banking (RM ‘mil) 1H16 1H15 Y-o-Y 2Q16 1Q16 Q-o-Q Net interest income 1,141 1,101 3.6% 561 580 (3.3%) Non interest income 283 357 (20.7%) 159 124 28.2% Operating income 1,424 1,458 (2.3%) 720 704 2.3% Overhead expenses (496) (466) 6.4% (249) (247) 0.8% PPOP 928 992 (6.5
Slide 32: Wholesale Banking : Gross Loans
Wholesale Banking : Gross Loans Country 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Malaysia (RM ‘bil) 32.4 31.7 2.2% 32.2 0.6% Indonesia (IDR ‘bil) 89,893 91,062 (1.3%) 85,803 4.8% Thailand (THB ‘bil) 53.6 51.9 3.3% 52.3 2.5% Singapore (SGD ‘mil) 5,253 5,641 (6.9%) 5,552 (5.4%) Others * (RM ‘bil) 18.
Slide 33: Wholesale Banking : Deposits
Wholesale Banking : Deposits Country 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Malaysia (RM ‘bil) 52.3 54.7 (4.4%) 54.6 (4.2%) Indonesia (IDR ‘bil) 53,760 62,321 (13.7%) 49,261 9.1% Thailand (THB ‘bil) 47.5 36.7 29.4% 46.7 1.7% Singapore (SGD ‘mil) 2,661 2,324 14.5% 2,891 (8.0%) Others * (RM ‘bil) 1
Slide 34: Wholesale Banking : Treasury & Markets
Wholesale Banking : Treasury & Markets (RM ‘mil) 1H16 1H15 Y-o-Y 2Q16 1Q16 Q-o-Q Net interest income 570 469 21.5% 278 292 (4.8%) Non interest income 276 283 (2.5%) 165 111 48.6% Operating income 846 752 12.5% 443 403 9.9% Overhead expenses (271) (293) (7.5%) (123) (148) (16.9%) PPOP 575 459 25.3% 3
Slide 35: Wholesale Banking : Investment Banking
Wholesale Banking : Investment Banking 1H15 (RM ’mil) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* Net interest income 114 77 48.1% 69 45 53.3% Non interest income 387 462 (16.2%) 187 200 (6.5%) Operating income 501 539 (7.1%) 256 245 4.5% Overhead expenses (489) (553) (11.6%) (231) (258) (10.5%) PPOP 12 (14) 18
Slide 36: IB Market Share and Ranking (1)
IB Market Share and Ranking (1) 1H16 1H15 1H16 1H15 Market Market Market Market Rank Rank Rank Rank Share Share Share Share Cash Equities 10.1% 2 11.3% 1 Cash Equities 4.4% 4 5.0% 3 IPO 34.2% 1 11.7% 1 IPO - - 2.2% 12 ECM 23.9% 1 30.6% 1 ECM - - 1.0% 16 EQL Products - - - - EQL Products - - - - M&A
Slide 37: IB Market Share and Ranking (2)
IB Market Share and Ranking (2) 1H16 1H15 1H16 1H15 Market Market ASEAN Market Market Rank Rank Rank Rank Share Share Share Share Cash Equities 0.3% 56 0.3% 56 Cash Equities 7.0% 2 7.3% 2 IPO 0.5% 34 1.1% 22 IPO 3.4% 14 4.1% 6 ECM 0.2% 56 0.6% 34 ECM 5.3% 7 8.1% 3 EQL Products - - - - EQL Products -
Slide 38: 3.4 Group Asset Management & Investments
CIMB Group : 1H16 Results 3.4 Group Asset Management & Investments
Slide 39: Group Asset Management & Investments
Group Asset Management & Investments 1H15 PBT (RM ‘mil) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* Public Markets 40 55 (27.3%) 12 28 (57.1%) Private Markets 103 77 33.8% 50 53 (5.7%) Direct Investments & Others 92 72 27.8% 43 49 (12.2%) Private Equity Fund Management 8 (3) 366.7% 7 1 600.0% Passive Fund Inves
Slide 40: 3.5 Group Funding
CIMB Group : 1Q16 Results 3.5 Group Funding
Slide 41: Group Funding
Group Funding 1H15 (RM ’mil) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* Net interest income 167 213 (21.6%) 84 83 1.2% Non interest income (64) 81 (179.0%) 8 (72) 111.1% Total Income 103 294 (65.0%) 92 11 736.4% Overhead expenses (212) (162) 30.9% (133) (79) 68.4% PPOP (109) 132 (182.6%) (41) (68) 39.7% (Provi
Slide 42: 3.6 CIMB Islamic
CIMB Group : 1H16 Results 3.6 CIMB Islamic
Slide 43: Islamic: Earnings Summary
Islamic: Earnings Summary 1H15 (RM ‘mil) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* Net financing income 645 590 9.3% 329 316 4.1% Non financing income 188 163 15.3% 66 122 (45.9%) Operating income 833 753 10.6% 395 438 (9.8%) Overhead expenses (308) (323) (4.6%) (147) (161) (8.7%) PPOP 525 430 22.1% 248 277 (
Slide 44: Malaysia : CIMB Islamic
Malaysia : CIMB Islamic Islamic Financing and Deposits Islamic Residential Mortgages RM ‘bil RM ‘mil +10.3% Y-o-Y +6.9% Y-o-Y +10.3% Y-o-Y +6.7% Q-o-Q +2.2% Q-o-Q +2.1% Q-o-Q 46.5 42.7 11,741 41.8 11,498 38.7 43.5 43.6 10,649 Jun-15 Mar-16 Jun-16 Jun-15 Mar-16 Jun-16 Jun-15 Mar-16 Jun-16 Islamic Fin
Slide 45: 4. T18 Updates
CIMB Group : 1H16 Results 4. T18 Updates
Slide 46: Overview of T18 Programme
Overview of T18 Programme 18 Programmes to Drive the Group Towards T18 • Programme sponsors identified for each initiative Wholesale Banking Commercial Consumer Banking Client Profitability and Banking • Digital banking • >300 projects Wallet Share Optimisation • Commercial • Branch productivity i
Slide 47: T18 – Commercial Banking
T18 – Commercial Banking Good momentum in Malaysia and to replicate success in other markets Malaysia Operating Income Malaysia Loan Growth RM (‘mil) +16.9% Y-o-Y +10.7% Y-o-Y +5.6% Q-o-Q 15.2 14.4 13.0 1H15 1H16 Jun-15 Mar-16 Jun-16 Future growth supported by strong pipeline Loan Submission Loan Ap
Slide 48: T18 – Consumer Banking: Malaysia and Indonesia
T18 – Consumer Banking: Malaysia and Indonesia Operational Improvements in Malaysia and Indonesia Malaysia Indonesia CASA per branch CASA per branch Flat +1.9% +10.4% +15.9% FY14 FY15 1H16* FY14 FY15 1H16* Ranking 4 3 2 Ranking 4 4 3 Branchless Transactions Branchless Transactions 92% 94% 93% 91% 92
Slide 49: T18 – Consumer Banking: Thailand Retail 2.0
T18 – Consumer Banking: Thailand Retail 2.0 Early signs of success Key Focus Areas Affluent-centric strategy Increased in branch productivity through improvements in staff efficiency and branch consolidation Strengthen collaboration with telco/retail partners to expand our mass market presence
Slide 50: T18 – RWA Optimisation & Cost Management
T18 – RWA Optimisation & Cost Management RWA Optimisation Cost Management Cost saving initiatives contributed to JAWs Further RWA optimisation and CIR improvements Next steps implementation of top-down RAROC Cost to Income Ratio annual planning targets -350 bps Enhanced KPI framework to ensure -
Slide 51: T18 Progress : Other 2Q16 Updates
T18 Progress : Other 2Q16 Updates Wholesale Banking HR Initiatives Footprint Expansion RWA and client profitability Culture Vietnam: Obtained approval-in- Initiative underway Culture roadshows across the principle to set up banking Rating model improvement and region presence; Target to commen
Slide 52: T18 Update – Concluding Remarks
T18 Update – Concluding Remarks 2015 2016 2017 2018 We are approaching the midpoint of our T18 journey Over the past 20 months, our T18 efforts focused on strengthening the foundations of the Group – through initiatives such as RWA Optimisation, Cost Management and Culture Starting to see some posit
Slide 53: 5. Final Remarks
CIMB Group : 1H16 Results 5. Final Remarks
Slide 54: Targets for 2016
Targets for 2016 1H16 FY16 Target 1 ROE 8.1% 10.0% Dividend Payout Ratio 41% 40% Total Loans Growth * 6.6% (3.9%**) 10.0% 1 Loan Loss Charge 0.71% 60-70 bps 2 CET 1 (CIMB Group) 10.7% 11.0% Cost to income 55.4% < 53.0% Notes: * Excluding bad bank ** Excluding FX fluctuations 1. 1H16 Annualised 54 2.
Slide 55: Final Remarks
Final Remarks Cautious approach to 2H16 given the continued challenges in the external economic environment CIMB Niaga better positioned to capitalise on gradual Indonesian economic recovery Malaysia and Singapore will likely be subdued in 2H16, with Thailand focusing on asset quality and operationa
Slide 56: Thank You
THANK YOU 56
Slide 57: Appendices
CIMB Group : 1H16 Results Appendices
Slide 58: Consolidated Balance Sheet Changes
Consolidated Balance Sheet Changes (RM ‘mil) 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Cash & short term funds 31,613 31,898 (0.9%) 38,635 (18.2%) Securities purchased under resale agreements 7,076 6,869 3.0% 9,330 (24.2%) Deposits & placements with financial institutions 2,914 6,403 (54.5%) 2,277 2
Slide 59: Asset Quality Ratios – CIMB Group
Asset Quality Ratios – CIMB Group 84.8% 84.2% 84.7% 84.8% 83.8% 82.7% 83.9% 82.1% 81.7% 79.2% 77.9% 84.4% 83.7% 83.6% 76.6% 84.4% 83.4% 82.2% 82.6% 74.2% 81.8% 81.7% 77.4% 76.9% 75.6% 71.9% 3.6% 3.4% 3.3% 3.4% 3.2% 3.1% 3.1% 3.3% 3.1% 3.2% 3.0% 3.0% 3.1% 3.0% 2.9% 3.1% 3.2% 3.0% 2.9% 2.7% 2.8% 2.9%
Slide 60: AFS MTM (Q-o-Q) Position
AFS MTM (Q-o-Q) Position 232.5 133.3 45.6 (152.6) (500.5) Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 60
Slide 61: Malaysia : Consumer Key Highlights
Malaysia : Consumer Key Highlights Y-o-Y Q-o-Q Credit Cards Consumer Gross Loans * 8.2% 1.9% RM ‘bil Mortgages 10.9% 2.4% 4.4 4.3 Term loans 5.9% 1.1% 3.9 Auto 2.2% - +6.0% Y-o-Y Credit cards 6.0% 1.9% +1.9% Q-o-Q Consumer Deposits 10.3% 1.2% 5.2 5.3 5.0 CASA 4.8% 1.4% Fixed & structured deposits 15
Slide 62: Indonesia : Consumer Key Highlights
Indonesia : Consumer Key Highlights Y-o-Y Q-o-Q Credit Cards Consumer Gross Loans 1.3% (0.1%) IDR ’tril Mortgages 1.5% 0.9% +25.6% Y-o-Y Auto (7.9%) (4.6%) +5.7% Q-o-Q Credit cards 25.6% 5.7% 7.2 6.8 Consumer Deposits 2.3% 1.9% 5.7 CASA 12.1% 6.1% Fixed & structured 6.6% 2.1% deposits Jun-15 Mar-16
Slide 63: Thailand : Consumer Key Highlights
Thailand : Consumer Key Highlights Y-o-Y Q-o-Q Beat Banking Consumer Gross Loans * 9.0% 2.7% Number of accounts +79.5% Y-o-Y Mortgages 6.3% 1.9% Auto Loans 13.0% 3.7% +11.6% Q-o-Q Personal / Others 15.2% 5.2% 38,544 34,552 Consumer Deposits (10.6%) 13.4% CASA 75.4% 26.1% 21,472 Fixed & structured (3
Slide 64: Singapore : Consumer Key Highlights
Singapore : Consumer Key Highlights Y-o-Y Q-o-Q Wealth Fees Consumer Gross Loans 16.8% 4.3% SGD ‘mil Mortgages 18.6% 5.3% -7.4% Y-o-Y Term loans 7.3% 2.2% Credit cards (1.5%) (1.7%) +37.2% Q-o-Q 12.2 11.3 Consumer Deposits 23.9% 2.9% CASA (15.0%) (4.1%) 6.56 4.78 Fixed & structured 116.4% 10.4% depo
Slide 65: CIMB Niaga : Earnings Summary
CIMB Niaga : Earnings Summary (IDR ‘bil) 1H16 1H15 Y-o-Y 2Q16 1Q16 Q-o-Q Net interest income 5,813 5,546 4.8% 2,976 2,837 4.9% Non interest income 1,464 1,180 24.1% 748 716 4.5% Operating income 7,277 6,726 8.2% 3,724 3,553 4.8% Overhead expenses (3,669) (3,712) (1.2%) (1,847) (1,822) 1.4% PPOP 3,60
Slide 66: CIMB Niaga : Key Ratios
CIMB Niaga : Key Ratios (Consolidated, %) 1H16 1H15 Y-o-Y 2Q16 1Q16 Q-o-Q ROE ^ 4.7 1.2 5.7 3.6 NIM ^ 5.47 5.08 5.62 5.35 Cost to Income 50.4 55.2 49.6 51.3 Loan Loss Coverage # 120.9 99.6 120.9 116.1 Allowance Coverage 95.6 74.4 95.6 91.0 Loan Loss Charge ^ 2.8 3.0 2.8 2.9 Gross Impaired Loans Rati
Slide 67: CIMB Thai : Earnings Summary
CIMB Thai : Earnings Summary Before GAAP Adjustments 1H16 1H15 Y-o-Y 2Q16 1Q16 Q-o-Q (THB ‘mil) Net interest income 4,876 3,957 23.2% 2,486 2,390 4.0% Non interest income 1,612 2,121 (24.0%) 688 924 (25.6%) Operating income 6,488 6,078 6.7% 3,173 3,315 (4.3%) Overhead expenses (3,490) (3,483) 0.2% (
Slide 68: CIMB Thai : Key Ratios
CIMB Thai : Key Ratios (Consolidated, %) 1H16 1H15 Y-o-Y 2Q16 1Q16 Q-o-Q ROE ^ 2.7 3.1 0.6 4.7 NIM ^ 3.79 3.05 3.86 3.72 Cost to Income 53.8 57.3 54.7 53.0 Loan Loss Coverage ** 92.8 94.3 92.8 115.0 Loan Loss Charge ^ 2.5 2.2 2.8 2.3 Gross NPL ratio ** 4.3 3.9 4.3 3.0 Net NPL ratio ** 2.3 2.2 2.3 1.
Slide 69: 2Q16 Notable Deals
2Q16 Notable Deals DCM DCM MEX II Sendirian Berhad Fraser Centrepoint Trust RM1.3 bil Sukuk Murabahah Programme SGD50.0 mil Senior Unsecured Fixed and RM150 mil Junior Bonds Rate Notes due 2021 issued via FCT MTN Private Limited Government of Malaysia USD1.0 bil Trust Certificates due 2026 Islamic C
Slide 70: Corporate Responsibility (1)
Corporate Responsibility (1) CIMB Foundation Regional CSR Community Link – Pilot Programme: Financial Tour de Bank Literacy for SMEs 25 employees volunteered to promote ‘Lets Save and The first two one-day training held on 1 and 2 Jun Sharing’ programme through a series of learn and 2016 at CIMB Ban
Slide 71: Corporate Responsibility (2)
Corporate Responsibility (2) JUNIOR DEVELOPMENT & JUNIOR CIRCUITS HELP THE DROUGHT FINANCIAL LITERACY FOR YOUNG PINTAR UPSR ATTACK TOUR DE BANK SMEs & INTENSIVE CLINIC (ICC) 71
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