United Overseas Bank Limited · SGX:U11
United Overseas Bank — FY2006 Earnings Presentation
11 slides from United Overseas Bank's earnings presentation, Feb 28, 2007
Slide 1: UOB Group Full Year 2006 Results Briefing
UOB Group Full Year 2006 Results Briefing “A Step Closer Towards A Premier Regional Bank” Wee Ee Cheong Deputy Chairman & President 28 February 2007 Disclaimer : This material that follows is a presentation of general background information about the Bank’s activities current at the date of the pres
Slide 2: Panel Members
Panel Members Mr Wee Ee Cheong Deputy Chairman & President Mr Terence Ong SEVP, Global Treasury & Asset Management Mr Francis Lee SEVP, Personal Financial Services & International Mr Chong Kie Cheong SEVP, Institutional Financial Services & Private Banking Ms Susan Hwee EVP, Information Te
Slide 3: Agenda
Agenda 11 2006 2006 Financial Financial Performance Performance Highlights Highlights 22 Key Key Markets Markets In In Review Review 33 Capital Capital Management Management 3
Slide 4: Another Record Year
Another Record Year YoY Key Indicators 2006 2005 Change Net Profit After Tax ($m) Including one-time gain 2,570 1,709 50.4% Cash ROE (%) Steady upward trend 17.1 12.9 4.2%pt Continued growth Net Profit After Tax^ ($m) 1,882 1,709 10.1% momentum Growth in core customer 2,488 2,337 Operating Profit*^
Slide 5: Singapore – Strengthening Market Leadership
Singapore – Strengthening Market Leadership UOB performed well, outpaced industry’s strong loans growth. Strengthened leadership in target consumer and SME segments, especially mortgage loans where market share grew. Expect strong economic growth in 2007. Key impetus include property and const
Slide 6: Malaysia – Expanding Customer Franchise
Malaysia – Expanding Customer Franchise Creditable results amidst challenging environment. Loans and operating profit up 15%. Strong performance particularly in consumer and treasury. Expect financial liberalisation and further consolidation to continue. UOBM to target opportunities under 9t
Slide 7: Thailand – Gearing for Business Expansion
Thailand – Gearing for Business Expansion Registered improved operating profit of 13% with growth in target segments. Focus was also on infrastructure enhancement within the Group. Challenging business environment ahead - Short-term sentiments remain cautious; on-going liberalization intensifi
Slide 8: Indonesia – Growing Market Presence
Indonesia – Growing Market Presence Strong performance marked by substantial growth in assets and profitability. Loans up 22%. Operating profit up 44%. UOBI further progressed in building corporate banking platform. Bank Buana focused on SME while expanded consumer business. Also enhancing inf
Slide 9: Opening New Frontiers
Opening New Frontiers China • Expect China’s economic growth momentum to continue. • Strengthen presence with branch network expansion and infrastructure building. • Focus on local incorporation, strategic investment/alliance opportunities. Vietnam • Economy primed for growth with recent accessi
Slide 10: Capital Management
Capital Management Reviewing capital management strategy given environment and dynamics have changed. Capital buffer needed to maintain ratings and fund regional ambition. Flexibility with share buyback, hybrid and other capital options. Continue with high dividend policy. Proposed additiona
Slide 11: In Summary
In Summary Core businesses remain strong. Broad-based growth in loans and fee income. Further entrenched market leadership in Singapore while strengthening regional platform. Continue with building operations outside ASEAN for portfolio diversification. Recognise potential global economic risk