Pt Bank Central Asia Tbk · IDX:BBCA
Pt Bank Central Asia Tbk — Q1 2023 Earnings Presentation
32 slides from Pt Bank Central Asia Tbk's earnings presentation, Apr 27, 2023
Slide 1: 1Q23 Results
PT Bank Central Asia Tbk 1Q23 Results 27 April 2023
Slide 2: Agenda
Agenda • Macroeconomy & banking industry highlights • 1Q23 performance overview • Sustainability finance and ESG • Share data, ratings & awards Analyst Meeting 1Q-23 PT Bank Central Asia Tbk 2
Slide 3: Macroeconomy & banking industry highlights
Macroeconomy & banking industry highlights Macroeconomy & 1Q23 Performance Sustainability Finance Share data, ratings Analyst Meeting 1Q-23 banking industry highlights Overview & ESG & awards PT Bank Central Asia Tbk 3
Slide 4: Economic highlights
Economic highlights Inflation and BI Rates (%) • Indonesia economic growth has been one of the top 7% performers globally despite lower than 2022 as post pandemic BI 7-day (Reverse) Repo Rate 6.00 5.95 “bounce” fades. 6% 5.75 5.50 5.75 5.25 5.47 5.00 4.94 • FDI and capital inflows more than offset t
Slide 5: Banking sector: credit expansion continues, sound liquidity
Banking sector: credit expansion continues, sound liquidity Banking Sector Financial Summary (%) (Rp trillion) Feb-22 Dec-22 Feb-23 ∆YoY • Lending rose 10.6% YoY, reflecting resilient economy and Total Assets 10,062 11,113 10,948 8.8% sustained business momentum across industries. Total Loans 5,762
Slide 6: 1Q23 performance overview
1Q23 performance overview Macroeconomy & 1Q23 Performance Sustainability Finance Share data, ratings Analyst Meeting 1Q-23 banking industry highlights Overview & ESG & awards PT Bank Central Asia Tbk 6
Slide 7: Loans grew 12% YoY
Loans grew 12% YoY (Rp billion) Mar-22 Mar-23 YoY Jun-22 Sep-22 Dec-22 QoQ Total Assets 1,259,435 1,321,723 4.9% 1,264,468 1,288,723 1,314,732 0.5% Secondary Reserves & 507,120 456,042 -10.1% 461,767 462,920 446,367 2.2% Marketable Securities Loans 637,131 713,822 12.0% 675,362 681,983 711,262 0.4%
Slide 8: Strong operating performance
Strong operating performance (Rp billion) 1Q-22 1Q-23 YoY 2Q-22 3Q-22 4Q-22 QoQ Operating Income 20,402 24,784 21.5% 20,494 21,859 24,061 3.0% Net Interest Income 14,483 18,531 28.0% 15,291 16,319 18,051 2.7% Non Interest Income 5,920 6,253 5.6% 5,203 5,540 6,011 4.0% Fees and Commissions 3,977 4,25
Slide 9: Key Ratios
Key Ratios Bank Only 1Q-22 1Q-23 ∆YoY 2Q-22 3Q-22 4Q-22 ∆QoQ NIM 4.9% 5.6% 0.7% 5.0% 5.4% 5.9% -0.3% COC 1.9% 0.8% -1.1% 0.6% 0.0% 0.4% 0.4% Risk Adjusted NIM 3.0% 4.8% 1.8% 4.4% 5.4% 5.5% -0.7% CIR 35.8% 35.1% -0.7% 32.9% 34.8% 32.5% 2.6% ROA (after tax) 2.5% 3.4% 0.9% 3.2% 3.4% 3.7% -0.3% ROE 16.8
Slide 10: Secondary reserves and marketable securities
Secondary reserves and marketable securities Bank Only Outstanding as of Mar 2023 - by Remaining Tenor Outstanding Trend Majority are placed in less than 3 years to maturity Discipline in maintaining short term high quality instruments Total Outstanding : Rp 438.9 tn Secondary Reserves BI Placements
Slide 11: Sound loan expansion across the board
Sound loan expansion across the board Business Loans (Rp tn) - Consolidated Loan Breakdown (Rp bn) - Consolidated 342 Mar-22 Dec-22 Mar-23 ∆YoY ∆QoQ 301 284 W. Capital (+13.5% YoY, +1.5% QoQ) Corporate 286,879 322,176 320,468 11.7% -0.5% 221 Commercial & SME 188,803 210,162 211,127 11.8% 0.5% 201 18
Slide 12: Consumer loans new booking rose 21% YoY
Consumer loans new booking rose 21% YoY Mortgage New Booking & Run Off - Quarterly (Rp tn) Vehicle New Booking & Run Off – Quarterly (Rp tn) New Booking Run Off YoY O/S Growth New Booking Run Off YoY O/S Growth 9.8% 10.4% 11.0% 11.6% 13.6% 15.2% 8.5% 4.8% 9.2% 3.6% 10.2 10.5 10.0 9.2 7.9 7.2 7.1 7.8
Slide 13: Quality loan diversification
Quality loan diversification Composition of BCA Business Loans by Sector (%) BCA Industry 22.4% 22.4% (Mar-23) (Feb-23) 18.1% 16.3% 14.0% 9.7% 7.5% 5.9% 5.5% 6.1% 4.9% 4.8% 3.4% 3.6% 1.6% 2.5% 1.5% 0.6% Manufacturing Trading Business Service Transportation Agriculture Construction Electricity, Socia
Slide 14: LAR fell to 9.5%, a consistent improvement
LAR fell to 9.5%, a consistent improvement Loan Quality & Restructured Loans (Rp tn) - Bank Only Restru. Loans - Coll.1, LAR Coverage - Bank Only Rp trillion Mar-22 Dec-22 Mar-23 ∆YoY ∆QoQ 57.9% 53.8% Total Loans by Collectability (bank only): 49.9% 47.9% LAR Cov. 44.7% Current 593.1 667.7 667.7 1
Slide 15: Sufficient buffer for credit risk
Sufficient buffer for credit risk Special Mention Composition (% of Total SML, Rp tn) Consolidated NPL Composition (% of Total NPL, Rp tn) Consolidated Corporate Commercial & SME Consumer SML Ratio Corporate Commercial & SME Consumer NPL Ratio 2.0% 2.0% 1.8% 2.0% 2.3% 2.2% 2.2% 1.7% 1.7% 1.8% 13.2 1
Slide 16: CASA Ratio reached 81.2%
CASA Ratio reached 81.2% Third Party Fund Composition (Rp bn) - Consolidated Third Party Funds (Rp bn) - Consolidated Savings Current Accounts Time Deposits Mar-22 Dec-22 Mar-23 ∆YoY ∆QoQ 1,025,528 1,039,718 1,038,750 CASA 798,159 847,938 843,334 5.7% -0.5% 997,761 1,011,043 Current Accounts 301,098
Slide 17: Outstanding digital transactions
Outstanding digital transactions % Individual No.of No.of transactions % Mobile Banking QRIS Online Acct. Customers mobile banking Users to CASA Acct. Trx value Opening 42% 3.6x 79% 67% 4.0x in 2 years in 3 years in 1Q-23 in 1Q-23 YoY STRONG GROWTH IN ONLINE CHANNELS Trx. Volume Composition Mobile &
Slide 18: Solid capital to support growth
Solid capital to support growth CAR Movement • Effective 1 Jan 2023, OJK impose new regulation on CAR formula which is accretive to the BCA’s CAR due to: + + • RWA Credit risk savings from lower risk weight assets particularly + on retail and property-backed loans. • RWA Operational risk savings fro
Slide 19: Sustainability finance and ESG
Sustainability finance and ESG • Economic Aspect • Environment • Social • Governance Macroeconomy & 1Q23 Performance Sustainability Finance Share data, ratings Analyst Meeting 1Q-23 banking industry highlights Overview & ESG & awards PT Bank Central Asia Tbk 19
Slide 20: Sustainable financing grew 11.9% YoY
Economic Aspect Sustainable financing grew 11.9% YoY » Sustainable financing » Key Highlights up to Mar-23 in Rp trillion 25.0% 14.9% 25.6% 11.9% ► Pursue growth in sustainable financing : 2.2% YoY offer ESG special rate in the Commercial & SME segment YoY: offer special program to support women
Slide 21: Active sustainability initiatives across segments
Economic Aspect Active sustainability initiatives across segments » Growing opportunities in EV financing » Nurturing MSMEs through financial solutions Loan outstanding for EV financing 1Q23 New Booking in Rp billion No. of MSME No. of women Loan O/S debtors financed debtors to Woman Increased 19x Y
Slide 22: Consistently integrating environmental aspect into banking operation
Environment Consistently integrating environmental aspect into banking operation FY21 FY22 YoY Total CO2 savings 888 1,996 125% 1Q 2023 Key Achievements potential (ton eq.) A Waste Recycled Recycling Output Recycle & A Waste 0 349 N/A Non-Organic Plastic bags, paper, 11 ton Plastic pellets, Manageme
Slide 23: Continuously touching the lives of many
Social Continuously touching the lives of many » Bringing positive impacts to external communities » To employees: inspired to be a workplace of choice » Community empowerment at BCA Expoversary Initiatives on employee well-being ► Hosting tourism villages exhibition at BCA Expoversary to promote Co
Slide 24: Strengthening corporate governance
Governance Strengthening corporate governance » Good governance for sustainable business practices » Rising importance of IT Governance Enterprise Security Unit Fair dealing applied to both internal & vendors (e.g. human Data protection technologies to oversee the implementation rights, occupational
Slide 25: ESG Rating & Awards
ESG Rating & Awards MSCI Indonesia Index FTSE4Good ASEAN 5 Index Top 10 Constituents Customer excellence Top 10 Constituents recognition for passing BCA constituents of: 90th percentile of Gallup’s • IDX ESG Leaders Index Global Customer • SRI – KEHATI Index Engagement database • ESG Quality 45 IDX
Slide 26: Share data, ratings & awards
Share data, ratings & awards Macroeconomy & 1Q23 Performance Sustainability Finance Share data, ratings Analyst Meeting 1Q-23 banking industry highlights Overview & ESG & awards PT Bank Central Asia Tbk 26
Slide 27: BCA share performance & rating
BCA share performance & rating BCA Shareholding Structure (31 March 2023) Performance BBCA vs IDX Finance Index (Relative price up to 26 Apr 2023 against 1 Jan 2018) Number Ownership 112.3% of Shares Percentage 110% 107.8% BCA Share Price 87.2% PT Dwimuria Investama Andalan * 67,729,950,000 54.94% 9
Slide 28: Awards and recognitions - 2023
Awards and recognitions - 2023 Best Bank Brand & Marketing Customer Service Public Relations Asiamoney Private Banking Award 2023 Best for High Net Worth in Infobank Satisfaction, Loyalty and Indonesia Engagement (SLE) Awards 2023 PR Indonesia Award (PRIA) 2023 • Satisfaction Index 2023 (1st rank) •
Slide 29: Disclaimer
DISCLAIMER This Presentation has been prepared by PT Bank Central Asia Tbk (“BCA”) for information purposes only. This Presentation including any information, estimation and/or projections contained herein or provided by BCA in any other written or verbal communication (the “Information”) does not c
Slide 30: Thank You
SECA . Thank You
Slide 31: Changes in RWA Operational Risk and Credit Risk (1/2)
Appendix Changes in RWA Operational Risk and Credit Risk (1/2) A) RWA operational risk changes summary: Old formula: Calculated with a fixed formula of 15% of the bank’s gross income averaged over the previous three years multiplied by 12.5. New formula: o Taking into account internal loss compo
Slide 32: Changes in RWA Operational Risk and Credit Risk (2/2)
Appendix Changes in RWA Operational Risk and Credit Risk (2/2) 32