1H 2021 Net Income Results
Media Briefing
16 August 2021
9:30 AM
Agenda
1 1H 2021 Net Income Results Presentation
Ms. Christina P. Alvarez
RCBC Corporate Information Officer and
Head of Corporate Planning Group
Mr. Bennett D. Santiago
RCBC Chief Credit Officer and
Head of Credit Management Group
2 Economic Overview and Outlook
Mr. Michael L. Ricafort
RCBC Chief Economist
3 Question and Answer
2
1H 2021 NET INCOME PRESENTATION
Ms. Chrissy P. Alvarez
RCBC Corporate Information Officer and
Head of Corporate Planning Group
Mr. Bennett D. Santiago
RCBC Chief Credit Officer and
Head of Credit Management Group
3
Sustained profit growth as loans and deposits build-up performed better than industry
16.9B | 3.3B | 484B | 598B | 104B | 15.1% | |||||
Revenues1 | Net Income | Loans2 | Deposits | Capital | CAR | |||||
+13% | +7% | +10% | +20% | +23% | ||||||
Profitability | Growth | Resilience |
Core income expanded driven by higher business volume and better funding costs
6th largest private universal bank in terms of assets, loans, deposits and trust assets (from 7th in 2019)
Capital ratios remain well above regulatory requirement
Net interest margin steadied at 4.1%, and | Raised PhP 4.5B from the strategic | |
ROE at 6.5% | 3.4x increase in Investment Securities and | investment of Sumitomo Mitsui Banking |
9% expansion in customer loans underpinned | Corporation | |
Subdued increase in costs due to savings | by the 28% jump in low-cost CASA deposits, | |
from digital efforts and channel | accelerated faster than industry | 10% of the Bank‟s loan portfolio is |
rationalization | eligible under Green and Sustainable | |
financing |
Main Business Lines
Corporate Banking | SME Banking | Retail Banking | Trust and | Consumer Loans | Credit Cards | ||
Investments | (Auto, Housing, Salary) | ||||||
Bancassurance | Foreign Exchange | Microfinance | Investment Banking | Leasing | Securities | ||
Brokerage | |||||||
434 Branches | 2,807 ATMs3 | 6,003 Employees |
[1] | Excluding trading and FX gains | [3] Includes 1,272 ATMs and 1,535 ATM Go terminals--RCBC's handheld ATM facility that enables | 4 |
[2] | Loans and receivables net of allowances and interbank loans | banking transactions outside branches and ATMs, and through partner merchants. | |
RCBC is the
BEST DIGITAL BANK
IN THE PH FOR TWO YEARS IN A ROW
2021 International Business | 2021 Business Tabloid, | 2021 Alpha Southeast Asia |
Magazine | A London-based publication | Best Financial Institution Awards |
2020 Alpha Southeast Asia | 2020 Asiamoney |
Best Financial Institution Awards | Best Bank Awards |
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