AEON Credit Service (M) Bhd. · MYX:AEONCR
AEON Credit Service (M) Bhd — Shareholder Meeting (2022)
22 slides from AEON Credit Service (M) Bhd's shareholder meeting presentation, 2022
Slide 1: Presentation to Shareholders by Managing Director
Presentation to Shareholders by Managing Director
Slide 2: Disclaimer
Disclaimer This document has been prepared by AEON Credit Service (M) Berhad (“AEON Credit” or the “Company”) solely for the use at this presentation. The information contained in this document has not been independently verified. No representation or warranty, whether expressed or implied, is made
Slide 3: Table of Contents
Financial Overview 04 FYE2022 Operational Highlights 10 TABLE OF Key Strategies and Prospect 17 CONTENTS
Slide 4: Financial Overview
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Slide 5: FYE22 Financial Highlights
FYE22 Financial Highlights Proven business resilience, getting back on growth track amid challenging backdrop Total Transaction & Revenue PAT Gross Receivables Financing Volume RM 1.5 billion RM 365.4 million RM 9.9 billion RM 4.8 billion 2.4% 56.2% 2.2% 12.8% Cost-to-income Ratio ROE ROA Di
Slide 6: Collection & Credit Cost
Collection & Credit Cost Collection experienced temporary headwinds during Q4 FYE22, overall remains healthy Average Collection NPL (%) (%) 98.03 97.26 97.85 Not past due Overall driven by 81.74 effective credit 0.2% YoY 80.26 79.53 management strategies 2.7 Higher in FYE22 Past due 1 month and im
Slide 7: Asset Quality
Asset Quality Managed to weather through macroeconomic challenges and gaining better grounds Total Transaction & Financing Volume Gross Receivables (RM mil) (RM mil) 6,381 9,704 10,078 9,857 2.2% YoY 12.8% YoY 4,769 • Business operations 4,229 • Adopted prudent being impeded by growth approach t
Slide 8: Where Are We Now
Where Are We Now 25 years of Financial Service experience AEON Wallet AEON Member Plus download Visa member 1.35 million 2.20 million 31.1% YoY 10.5% YoY AEON Express card 64 2.30 million Branches & Service 10.3% YoY Centres AEON Credit card >10K 0.20 million Merchant Outlets 15.0% YoY Natio
Slide 9: Dividend
Dividend Consistently paying out >30% of PAT to our valued shareholders Historical Dividend Data 500.0 34.0% 33.9% 31.5% 31.5% 31.9% 35 400.0 30 300.0 25 Announcement Date 5 Apr 2022 200.0 20 Entitlement Date 100.0 15 7 July 2022 102.2 300.1 111.9 354.6 91.9 292.0 74.6 234.0 123.8 365.4 - 10 FYE18 F
Slide 10: FYE2022 Operational Highlights
FYE2022 Operational Highlights
Slide 11: Initiatives Embarked in FYE2022: Islamic Digital Bank
Initiatives Embarked in FYE2022 Obtained Islamic digital bank license on 29 April 2022 AEON AEON Credit Financial MoneyLion Service • Part of AEON Group’s journey in advancing financial inclusion; ISLAMIC DIGITAL BANK • Leverage on AEON Group’s strength includes retail, financial services and other
Slide 12: Initiatives Embarked in FYE2022: Insurance Brokerage
Initiatives Embarked in FYE2022 Insurance brokerage business • Acquired 100% stake in Insurepro Sdn Bhd on September 2021 to venture into insurance brokerage business. • Increase product portfolio to include commercial and personal insurance. • Leveraging on AEON Group Retail We offer network and ec
Slide 13: Initiatives Embarked in FYE2022: Co-brand Prepaid Card
Initiatives Embarked in FYE2022 Launched Co-brand Prepaid card Penetrating the Hawkers and Petty Traders segment via Privilege Card Access to ~MEDAC’s network of 2mil hawkers and petty traders to benefit from AEON Living Zone in the long term • Provide loyalty point program to hawkers and petty trad
Slide 14: Initiatives Embarked in FYE2022: Core System Replacement
Initiatives Embarked in FYE2022 Completion of Core System Replacement in Jan 2022 System infrastructure and architecture replacement to speed up the digitalisation efforts • In May 2021, we have completed replacement of core system for credit card business • In Jan 2022, migration for loan and finan
Slide 15: Sustainability Initiatives
Sustainability Initiatives Group's sustainability strategies FTSE4GOOD INDEX SERIES AEON Credit as a constituent of the FTSE4Good Index Series since 2015, having demonstrated strong ESG practices Environmental Sport Education Social Sports Sponsorship Education Sponsorship CSR contribution 500 Trees
Slide 16: Sustainability Initiatives by Malaysian AEON Foundation
Sustainability Initiatives by Malaysian AEON Foundation RM1mil to Malaysian AEON Foundation MAF AEONBersamamu MAF AEONBantu for MAF AEONBantu during - 1,805 homecare packs to families affected by COVID-19 pandemic Medical and Security Frontliners natural calamities in Kedah and Selangor 24,270 Total
Slide 17: Key Strategies And Prospect
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Slide 18: Key Strategies for 2022-2026
Key Strategies for 2022-2026 5 Pillars of focus to drive financial inclusion and sustainable growth Digitalisation Member Receivables ESG & Digitalization Human Capital Expansion Growth Sustainability Complete end to Consolidate all AEON Penetration market Responsible Transform new end on-
Slide 19: AEON Living Zone Loyalty Platform
AEON Living Zone Loyalty Platform A transcendent experience for all our customers within our ecosystem via • Embedded financial services and loyalty program into iAEON (AEON CO) • Develop Finance service app to promote end to end digitalisation process • Migrate 2 million AEON express card member to
Slide 20: Digital App Journey
Digital App Journey One Stop Retail and Financing Solution AEON Credit Service AEON CO 580 AEON POINT Enhance AEON wallet Balance <Click to Embed AEON Credit Redeem> with membership financial service function function into iAEON App Easy payment AEON Wallet Function Personal financing Integrat
Slide 21: Sustainability Roadmap
Sustainability Roadmap Embed Sustainability in AEON Credit business Continued Value Responsible Safeguard the Positive Social Creation Governance Environment Impact Stable profit Uphold strong generation Protect and add governance and Continue underpinned by value to the well – ethical business Stew
Slide 22: Thank you
yy, ALON CREDIT SERVICE CREDIT SERVICE Thank you
AEON Credit Service (M) Berhad — Shareholder Meeting (2022) on 6ix