Oversea-chinese Banking Corporation Limited · SGX:O39
Oversea-chinese Banking — FY2020 Earnings Presentation
10 slides from Oversea-chinese Banking's earnings presentation, Feb 24, 2021
Slide 1: Group Chief Executive Officer Update
Group Chief Executive Officer Update 24 February 2021 OCBC Financial Results Disclaimer: This presentation should be read as an overview of OCBC’s current business activities and operating environment which may contain statements relating to OCBC’s growth strategy and future business aspirations. Th
Slide 2: Resilient FY20 Performance
2020 Recap Resilient FY20 Performance Results underscored strong business fundamentals and effective response to crisis ❑ Earnings demonstrated the value and power of diversified franchise • Greater China PBT up 11% YoY to a record at S$1.29b or 31% of overall Group profit • Private banking income a
Slide 3: Loan Relief Update
Relief Programmes Loan Relief Update Ensuring orderly and smooth transition from loan relief programmes 30 Sep 2020 31 Dec 2020 31 Jan 2021 Total Loans under 23.8 91% secured 11.7 95% secured 5.7 91% secured Moratorium (S$b) % of Group Loans 9% 4% 2% % of % of % of % By Geography (S$b) country loans
Slide 4: Entering 2021 with Cautious Optimism
2021 Outlook Entering 2021 with Cautious Optimism Gradual improvement in consumer sentiments and business confidence noted ❑ Emerging signs of segmental recovery • Reduced anxiety around COVID-19 has improved consumer sentiments • GDP growth to be higher from 2020’s low base; targeting mid-single di
Slide 5: Positioned for the Future on a Solid Footing
2021 Outlook Positioned for the Future on a Solid Footing Well-placed to deliver sustainable long-term value for stakeholders ❑ Strong capital and balance sheet to capture emerging opportunities • Increased investment, trade and wealth flows arising from RCEP • New connectivity along ASEAN-China cor
Slide 6: Further Accelerate Speed of Digital Adoption
Digital Further Accelerate Speed of Digital Adoption More than >200,000 first-time users of Singapore digital channels in FY20 SMEs SME accounts PayNow Corporates Digital vs Manual SME loans opened digitally transactions applied digitally 1.6X Numbers of accounts 7.3X Transactions 3.6X Transactions
Slide 7: Advancing Pace of Digital Innovation
Digital Advancing Pace of Digital Innovation Innovative solutions in 2020 to help individuals achieve their financial goals SINGPASS MOBILE INSTANT SECURED INSTANT CHEQUE LOGIN LOANS ENCASHMENT 1st bank in SG to 1st to integrate with 1st bank in Southeast Asia to enable use of SingPass MyInfo, with
Slide 8: Advancing Pace of Digital Innovation (cont'd)
Digital Advancing Pace of Digital Innovation (cont’d) Innovative solutions in 2020 to help individuals achieve their financial goals Open RoboInvest Wealth dashboard Multi-Currency account Banking/SGFinDex Digital advisory at scale Curated investment and debit card Augmenting financial and with 34 t
Slide 9: Advancing Pace of Digital Innovation (cont'd)
Digital Advancing Pace of Digital Innovation (cont’d) Leading the way with innovative first-to-market solutions in 2020 for businesses SINGPASS MOBILE LOGIN BUSINESS FINANCIAL E-INVOICING & INVOICENOW FOR SMEs MANAGEMENT 1st bank to enable SMEs to 1st bank to use SingPass for 1st bank to offer SMEs
Slide 10: Thank You
Thank You &) OcBC Bank
Oversea-Chinese Banking Corporation (OCBC) — FY2020 Earnings Presentation on 6ix