Tisco Financial Group Public Co. Ltd. · SET:TISCO

Tisco Financial Group Public — Q3 2012 Earnings Presentation

20 slides from Tisco Financial Group Public's earnings presentation, Oct 15, 2012

  1. Slide 1: Analyst Presentation 3Q/12

    TISCO Financial Group Public Co., Ltd. Analyst Presentation 3Q/12 15 October 2012 1

  2. Slide 2: Consolidated Income Statements

    Consolidated Income Statements Unit: Million Baht 3Q11 2Q12 3Q12 %QoQ %YoY 9M11 9M12 %YoY Interest income 3,312 3,617 3,940 8.9 19.0 9,034 10,970 21.4 Interest expense (1,570) (1,888) (2,117) 12.1 34.8 (3,586) (5,853) 63.2 Net interest income 1,741 1,729 1,823 5.4 4.7 5,448 5,117 (6.1) Fee and servi

  3. Slide 3: Assets and Liabilities

    Assets and Liabilities Assets Liabilities Unit: Million Baht 18.2%QoQ Unit: Million Baht 19.0%QoQ 23.6%YTD 25.0%YTD 272,808 Other Liabilities Other assets 255,470 220,718 230,886 204,406 214,645 Debentures Interbank & MM LT Borrowings 91% 84% Investments 83% 84% 81% Interbank & MM 83% Loans Deposits

  4. Slide 4: Loan Portfolio

    Loan Portfolio Total Loan Portfolio Unit: Million Baht 8.7%QoQ 23.3%YTD 228,212 Other Loans 209,970 185,014 17% 18% SME Loans 16% Corporate Loans 72% 73% 74% Retail Loans 2011 2Q12 3Q12 Retail Loans SME Loans Corporate Loans Unit: Million Baht Unit: Million Baht 14.4%QoQ Unit: Million Baht 6.1%QoQ 9

  5. Slide 5: Retail Loan Portfolio

    Retail Loan Portfolio Retail Loan Breakdown 2011 2Q12 3Q12 HP New Car, HP New Car, HP New Car, 73.0% 71.2% 71.6% Car Pledge Car Pledge Car Pledge Financing, 7.4% Financing, 8.2% Financing, 8.2% Motorcycle HP, Motorcycle HP, Motorcycle HP, 1.4% 1.4% 1.3% Others, 1.0% Others, 0.9% Others, 1.0% HP Used

  6. Slide 6: Industry Car Sales and Penetration Rate

    Industry Car Sales and Penetration Rate Industry New Car Sales Units 2010 2011 2012 140,000 120,000 100,000 80,000 60,000 40,000 20,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO Auto HP Penetration Rate No. of New Car Sales ('000 Units) Penetration Rate (%) 867.7 800.4 794.1 12.0% 12.3%

  7. Slide 7: Loan Spread and Net Interest Margin

    Loan Spread and Net Interest Margin Yield on Loans and Cost of Funds 7.3 7.1 7.0 6.9 6.7 6.9 6.7 6.9 6.8 6.7 6.6 6.8 6.8 6.6 6.5 6.7 % Yield on loans 3.7 3.9 3.7 3.5 3.4 3.7 3.7 3.1 2.6 1.9 2.1 2.2 1.9 2.0 % Cost of funds 2.3 1.9 2008 2009 2010 2011 9M12 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12

  8. Slide 8: Asset Quality

    Asset Quality NPL and NPL Ratio Unit: Million Baht Total NPL % NPL 2.5% 1.8% 1.6% 1.4% 1.6% 1.4% 1.4% 1.3% 1.2% 1.2% 2,807 2,654 2,835 2,820 2,761 2,712 2,612 2,579 2,612 2,274 2009 2010 2011 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 2011 2Q12 3Q12 NPL by Loan Type (Million Baht) (%) (Million Baht) (%) (Mi

  9. Slide 9: Provisions

    Provisions Provision Expense and Credit Cost Unit: Million Baht Provision expense (Million Baht) % Credit cost 1.4% 1.5% 1.2% 1,947 0.9% 0.9% 1.0% 0.8% 0.8% 0.7% 0.7% 0.5% 1,554 1,283 1,383 591 532 352 328 302 302 260 2009 2010 2011 9M12 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 Minimum Required Provision

  10. Slide 10: Deposits

    Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 20.3% QoQ 27.1% YTD 224,216 186,323 LT Bill of Exchanges 176,376 14% ST Debentures 50% ST Bill of Exchanges 75% 68% Fixed Deposits 29% 10% CASA 12% 15% 14% 2011 2Q12 3Q12 Unit: Million Baht 2011 2Q12 3Q12 %QoQ %YTD Current 3,423 3,415 3,

  11. Slide 11: Non-Interest Income

    Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 25.0% YoY 5.6% QoQ 28.6% YoY 3,300 IB, 0.3% 2,641 Bancassurance, Brokerage, 13.0% 38.5% Banking, 72.5% 1,149 HP Related, 1,087 AM, 14.3% 893 33.6% Other Banking, 0.4% 9M11 9M12 3Q11 2Q12 3Q1

  12. Slide 12: Asset Management Business

    Asset Management Business TISCO Asset under Management Unit: Million Baht 3.5% QoQ 7.7% YTD Rank #7 151,720 146,411 135,950 26% 22% Private Fund 27% 15% 15% 10% Mutual Fund 63% 59% 63% Provident Fund 2011 2Q12 3Q12 Provident Fund Private Fund Mutual Fund Unit: Million Baht Unit: Million Baht Unit: M

  13. Slide 13: Brokerage Business

    Brokerage Business TISCO Trading Volume and Market Share TISCO Volume (Million Baht) Market share (%) 333,211 321,303 263,894 219,379 2.7% 2.8% 2.9% 2.9% 3.0% 2.6% 2.8% 2.5% 2.4% 2.6% 2.9% 94,069 85,868 98,342 82,899 82,653 73,554 67,813 2009 2010 2011 9M12 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 Remark:

  14. Slide 14: Operating Expenses

    Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Cos t-to-i ncome Cos t-to-i ncome net * Cos t to total as s ets Cos t to tota l a s s ets - net * 48.6% 50.0% 45.5% 44.4% 44.4% 42.4% 43.1% 40.4% 42.3% 39.9% 2.5% 2.4% 2.5% 2.6% 2.2% 2.3% 2.1% 2.0% 1.9% 1.8% 9M11 9M12 3Q11 2Q12 3Q12

  15. Slide 15: Capital Adequacy

    Capital Adequacy Capital Adequacy Ratio of TISCO Bank 17.0% 15.2% 14.9% 14.9% 14.9% 14.0% 14.6% 14.3% 13.8% 13.5% 14.5% 10.8% 9.9% 9.9% 9.8% 9.9% 9.6% 9.4% 11.3% 9.0% Capital Base (MB) 19,937 20,605 18,493 17,751 18,553 18,493 18,984 17,795 16,227 BIS Ratio (%) 13,758 Tier I (%) 2009* 2010 2011 1Q11

  16. Slide 16: Interest Rate Risk

    Interest Rate Risk Duration of Assets and Liabilities Unit: Years Assets Liabilities Duration Gap 1.62 1.57 1.56 1.53 1.56 1.53 1.50 1.54 1.48 1.51 1.00 0.90 0.92 0.88 0.89 0.91 0.86 0.88 0.84 0.96 0.71 0.62 0.65 0.67 0.64 0.64 0.65 0.64 0.59 0.55 2009 2010 2011 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 16

  17. Slide 17: Employee and Branch Network

    Employee and Branch Network 2009 2010 2011 1Q12 2Q12 3Q12 No. of Employee 2,904 3,055 3,335 3,395 3,515 3,584 TISCO Bank’s Branch 43 45 47 47 46 47 - Bangkok 21 22 24 24 23 24 - Upcountry 22 23 23 23 23 23 TISCO Leasing’s Branch - 4 10 12 12 12 - Bangkok - - - - - - - Upcountry - 4 10 12 12 12 Hi-Wa

  18. Slide 18: Disclaimer

    Disclaimer This presentation material may contain forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward looking statements as a result of various factors. TISC

  19. Slide 19: Investor Relations

    Investor Relations TISCO Financial Group Public Company Limited 48/2 TISCO Tower, North Sathorn Road Silom, Bangrak, Bangkok 10500 Thailand Tel: +66-2-633-6868 Fax: +66-2-633-6855 Email: ir@tisco.co.th Website: www.tisco.co.th 19

  20. Slide 20: TiS Wealth of Possibilities

    . TiS Wealth of Possibilities

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