Slide 1: Investors' Briefing Session
Investors’ Briefing Session For the year ended December 31, 2020 Date: April 16, 2021 Place: Karachi Presented Syed Majid Ali – Chief Financial by: Officer
Slide 2: Table of Contents
Table of Contents Sr. No Content Page No. 1 Introduction 3 2 Strategic Focus 5 3 Key Performance Highlights 11 4 Performance of Subsidiary 19 2
Slide 3: Introduction
faysalbank } chy bos Introduction
Slide 4: Faysal Bank Limited - Introduction
Faysal Bank Limited - Introduction Incorporated in Pakistan October 3, 1994 Presence in Pakistan Since 1987 Registered Office Faysal House, ST-02, Shahra-e-Faisal, Karachi. Parent Ithmaar Bank B.S.C, Bahrain Credit Rating(LongTerm / Short Term) "AA" / "A1+" Branches (31 December 2020) 576 (including
Slide 5: Strategic Focus
faysalbank 4} chy bos Strategic Focus
Slide 6: FBL's Vision & Mission
FBL’s Vision & Mission Vision Be the leading Islamic bank in Pakistan Achieve leadership in providing Shariah compliant financial services, with customer care and employee focus at the Mission heart of our business ethos together with innovation and technology being the pillars of our growth. 7
Slide 7: Robust Progress towards Islamic Conversion
Robust Progress towards Islamic Conversion Advances Deposits 45.9% 59.8% 37.3% 26.0% 26.5% 18.8% 17.0% 19.7% 2017 2018 2019 2020 2017 2018 2019 2020 PAT Branch Network 30.4% 86.8% 74.4% 55.8% 48.6% 10.1% 9.3% 8.5% 2017 2018 2019 2020 2017 2018 2019 2020 11
Slide 8: 2020 – A Rewarding Year
2020 – A Rewarding Year BEST EMERGING ISLAMIC BANK 2020 GLOBAL ISLAMIC FINANCIAL AWARDS BEST EMERGING BANK 2020 PAKISTAN BANKING AWARDS 5
Slide 9: 2020 – A Rewarding Year
2020 – A Rewarding Year Global Diversity & Inclusion Benchmarks Awards • Proactive Structure • Proactive Vision • Progressive Recruitment & Development • Progressive Leadership • Progressive Social Responsibility Islamic International Rating Agency issued Sharia Compliance and Fiduciary Rating of ‘S
Slide 10: 2019 to 2023 Corporate Strategy Goals
2019 to 2023 Corporate Strategy Goals Positioning Strategic Actions Strategic Targets Grow low-cost CASA deposits by focusing mass- affluent customer segment Network: Grow to Strong 655 Branches. Contender Network growth Deposits: Grow. in Retail Increase market Complement growth through volum
Slide 11: 2019 to 2023 Corporate Strategy Goals
2019 to 2023 Corporate Strategy Goals Positioning Strategic Actions Strategic Targets Improved Innovative ADC/ Digital propositions & functionalities Digital transformation Customer - investment in Manage branch traffic through diversion to ADC/ Experience Digitization Digital Channels – ADC/Dig
Slide 12: Major Business Developments
Major Business Developments FAYSAL ISLAMI NOOR CARD: • Bank has launched first of its kind Sharia Compliant card, a perfect replacement for conventional credit cards to cater the need of our clientele. FAYSAL TABEER: • The Bank launched Faysal Tabeer, a product which offers low-cost housing finance
Slide 13: December 2020 Financial Performance
December 2020 Financial Performance
Slide 14: Financial Position
Financial Position 2020 2019 Variance --------------- Rupees in million --------------- % Liquidity invested in Cash and bank balances 62,760 63,204 (0.7) government Lendings to FIs 2,985 - 100 securities.. Investments - net 276,930 204,069 35.7 Due to cautious Advances - net 318,180 309,573 2.8 app
Slide 15: Profitability
Profitability 2020 2019 Variance Mobilization of low-cost deposits resulted in ----- Rupees in million ----- % improvement in Net Net markup income 24,534 21,120 16.2 Markup Income. Gain on sale of securities Non-markup income 8,231 7,170 14.8 amounting to Rs.1.7 Bln partially offset by reduction in
Slide 16: Advances
Advances Gross Advances Composition NPL Ratio Segment Wise 5% 1% 21% Retail CIBG SAM Others 73% Gross Advances NPL Composition Coverage 44% Islamic Conventional 56% 15
Slide 17: Investments
Investments Investment Investment Composition Dec’20 Composition Dec’19 23% 29% Govt securities Govt securities 3% Shares/ Mutual Shares/ Mutual funds funds Corporate Debt Corporate Debt Securities Securities 4% 67% 74% 15% 24% Conventional Conventional Islamic Islamic 76% 85% 16
Slide 18: Deposits
Deposits Deposit Growth Trend Sector wise deposit (PKR Bln) composition – 2 016- 2020) ( CAGR 24% 12.3% Individuals Government Public sector 4% Bankingcompanies 2% NBFIs 1% Private sector 66% 3% Deposit Mix Deposit Dec’20 Composition Dec’20 28% 46% Current Conventional Saving 35% Islamic Term 36% 54
Slide 19: Key Ratios
Key Ratios Percent Ratio 2015 2016 2017 2018 2019 2020 Return on Assets 1.03 0.98 0.96 0.88 0.98 0.97 Return on Equity 17.6 15.6 14.4 13.4 14.6 13.6 Cost to Income Ratio 54.3 61.3 64.4 64.3 60.2 59.2 - - - Capital adequacy ratio 14.4 14.6 15.9 16.8 19.1 18.7 CASA 67.2 67.1 69.9 68.8 70.7 71.8 CA 32.
Slide 20: Key Ratios contd.
Key Ratios contd. Ratio 2015 2016 2017 2018 2019 2020 Price earningratio (MV/EPS) Times 5.6 7.7 7.1 7.2 4.8 4.0 Earningper share Rs. 2.8 2.8 3.0 3.2 4.0 4.3 Book value per share Rs. 20.0 23.1 25.9 28.7 36.4 39.6 Market value per share Rs. 15.4 21.8 21.3 23.0 19.0 17.3 Market value as % book value %
Slide 21: Faysal Asset Management Limited
Faysal Asset Management Limited Subsidiary
Slide 22: FAML – Business Update
FAML – Business Update In November 2018 when FBL acquired control of FAML, it was ranked 12th in terms of AUMs of PKR 7.28 billion. Now two years later it has AUMs of PKR 47.39 billion and ranks 9th in the industry. After incurring loss for the last 6.5 years, FAML turned a corner and posted pro