PT Bank OCBC NISP Tbk Financial Performance First Quarter 2010 (Unaudited)

Transcription

1 PT Bank OCBC NISP Tbk Financial Performance First Quarter 2010 (Unaudited) This report is solely for the use of PT. Bank OCBC NISP Tbk. No part of it may be circulated, quoted, or reproduced for distribution outside the organization without prior written approv al f rom PT. Bank OCBC NISP Tbk. This material was used by PT. Bank OCBC NISP Tbk.during an oral presentation; it is not a complete record of the discussion.

2 Brief Profile Financial Result First Quarter 2010 Qualitative Review 2

3 Vision Mission - Values Vision To be the Bank of choice with world-class standards, recognized for its caring and trustworthiness. Mission Bank NISP will conduct its business and will operate as an honorable corporate citizen that grows together with the society in a sustainable manner. Values Solid, Genuine, Supportive, Connected, Forward Looking, Dynamic 3

4 Brief Background Established in Bandung in 1941: NV. Nederlandsch Indische Spaar En Deposito Bank Fourth oldest bank in Indonesia. Solid track record in surviving crisis including in 1998 Indonesian banking meltdown. Listed on Indonesia Stock Exchange in offices and 552 ATMs in 62 cities across Indonesia (as of 31 March 2010) with more than 37,000 ATMs network (including ATM Bersama, ATM Prima, ATM BCA, BankCard Malaysia and OCBC Bank-Singapore). 5,665 dedicated employees (as of 31 March 2010). Change the name to PT Bank OCBC NISP Tbk as of 22 December 2008 Core market: > 65% in consumer & small-medium enterprises (SME). 4

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6 Board of Commissioners 1. Chairman : Pramukti Surjaudaja 2. Deputy Chairman (Independent Commissioner) : Peter Eko Sutioso 3. Commissioner : Lelarati Lukman 4. Commissioner (Independent Commissioner) : Roy A. Karaoglan Ph.D. 5. Commissioner : David P. Conner 6. Commissioner (Independent Commissioner) : Jusuf Halim 7. Commissioner (Independent Commissioner) : Goh Kim Bun, Benny 8. Commissioner : Lai Teck Poh (Dua Teck Poh) 6

7 Board Board of of Directors Directors 1. President Director & CEO : Parwati Surjaudaja 2. Deputy President Director : Na Wu Beng. 3. Director : Hardi Juganda 4. Director : Yogadharma Ratnapalasari 5. Director : Rama P. Kusumaputra 6. Director : Louis (Luianto) Sudarmana 7. Director : Rudy N. Hamdani 8. Director : Alan Jenviphakul 7

8 Brief Profile Financial Result First Quarter 2010 Qualitative Review 8

9 Loans Grew by 10% yoy 1% % 2% IDR Billion % Total Assets Total Liabilities Deposits Loans (gross) 31-Mar Mar-10 IDR Billion 31-Mar Mar-09 YoY Total Assets 35,796 35,508 1% Total Liabilities 31,477 31,787-1% Deposits 27,914 27,458 2% Loans (gross) 21,393 19,507 10% Shareholders' equity 4,319 3,721 16% 9

10 Net Income After Tax increased by 73% yoy 12% IDR Billion % 73% Net Interest Income Non Interest Income Net Income After Tax YTD Mar 09 YTD Mar 10 IDR Billion YTD Mar 10 YTD Mar 09 YoY Net Interest Income % Non Interest Income % Other operating expenses % Operating profit before provisions % Provisions expenses % Net Income Before Tax % Net Income After Tax % EPS (Rp) % Book Value/Share (Rp) % 10

11 Key Ratios Ratios 31-Mar Mar-09 CAR 17.12% 18.58% LDR 76.60% 71.02% ROA 1.87% 1.17% ROE 12.32% 8.18% NPL (gross) 3.27% 3.56% NPL (net) 1.70% 2.21% NIM 5.42% 5.04% Non Interest Income/Operating Income 21.15% 22.97% Cost to Income 63.52% 64.62% 11

12 Earning Assets Composition Loans (65.4%) Marketable Securities (including SBI) (15.5%) Placement with others Banks & BI (10.4%) Government Bonds (6.9%) Acceptance Receivables (1.6%) Investments (0.2%) IDR Billion 31-Mar Mar-09 YoY Loans 21,393 19,507 10% Marketable Securities (including SBI) 5,082 9,011-44% Placement with Other Banks & Bank Indonesia 3,409 2,060 65% Government Bonds 2, % Acceptance Receivables % Investments % Total 32,695 32,366 1% 12

13 LDR increased to 76.60% as at 31 March % 76.60% 71.02% 69.35% 72.39% 19,507 27,458 18,909 27,253 19,869 25,970 21,887 30,216 21,393 27,914 Mar 09 Jun 09 Sep 09 Dec 09 Mar 10 Loan (gross) - Rp.Billion Third Party Deposits - Rp.Billion LDR (%) 13

14 Net NPL Ratio Decreased from 2.2% to 1.7% yoy March % 3.91% 3.93% 3.17% 3.27% 2.21% 1.89% 2.04% 1.39% 1.70% 19,507 18,909 19,869 21,887 21,393 Mar 09 Jun 09 Sep 09 Dec 09 Mar 10 Loan (IDR Billion) NPL Gross NPL Net 14

15 Loans by Usage 31 March LOAN BY USAGE 31 March 2009 LOAN BY USAGE 31 March 2010 Consumer 29.57% Working Capital 43.70% Consumer 31.24% Working Capital 40.96% Investment 27.80% Investment 26.73% Total IDR: 19,507 Billion Total IDR: 21,393 Billion 15

16 Loans by Sector 31 March LOAN BY SECTOR 31 March 2009 LOAN BY SECTOR 31 March 2010 Others 4.79% Manufacturing 24.48% Others 8.64% Manufacturing 21.99% Consumers 29.57% Consumers 31.24% Services 17.87% Trading 23.29% Services 16.24% Trading 21.89% Total IDR: 19,507 Billion Total IDR: 21,393 Billion 16

17 Loan by Geography 31 March LOAN BY GEOGRAPHY 31 March 2009 LOAN BY GEOGRAPHY 31 March 2010 Kalimantan, 2.74% Sumatera, 6.18% Sulawesi, 2.39% Bali & Lombok, 0.87% Sulawesi, 2.34% Kalimantan, 2.55% Bali & Lombok, 0.99% East Java, 6.49% West Java, 30.75% Sumatera, 6.94% West Java, 29.00% East Java, 7.76% Central Java, 4.72% Central Java, 4.01% Jakarta, 46.41% Jakarta, 45.86% Total IDR: 19,507 Billion Total IDR: 21,393 Billion 17

18 Loans by Currency 31 March LOAN BY CURRENCY 31 March 2009 LOAN BY CURRENCY 31 March 2010 Foreign Currency 20.81% Foreign Currency 14.82% Total IDR: 19,507 Billion IDR 79.19% Total IDR: 21,393 Billion IDR 85.18% 18

19 Low Cost Funding Up 37% yoy 54.6% 56.2% 58.5% 48.6% 43.4% Mar 09 Jun 09 Sep 09 Dec 09 Mar 10 Demand Deposits Savings Time Deposits Low Cost Fund 19

20 Introduced various innovative product Bank OCBC NISP continues to offer various innovative product targeted to different market segments: Launching Internet Banking convenience and safety financial transactions Launching Tanda SUREPRIZE and Tanda Senior attractive program Through the declaration of Saving Movement of Indonesia, also launched Tabunganku, cooperated with Bank Indonesia Expansion of Premier Banking to 6 centers (Jakarta, Bandung, Surabaya, Palembang and Tangerang). Access to Premier Centers of OCBC Bank s networks covering 17 centers in Malaysia, 12 centers in Singapore, 1 center in Hong Kong. Targeting the high-end mass affluent segment for Liquid Platinum Credit Card. 20

21 Launching OCBC NISP Syariah Setting up OCBC NISP Syariah and was launched in 12 October Introduced a simple and attractive product Tanda ib, a Syariah based saving product which provides three main benefits to customers, including free monthly administration charges, high ATM limit and extra point reward program. Through the declaration of Saving Movement of Indonesia, also launched Tabunganku ib, cooperated with Bank Indonesia Having 51 office channeling serving Syariah Business in the Greater Jakarta Area. 21

22 Brief Profile Financial Result First Quarter 2010 Qualitative Review 22

23 Qualitative Review Distribution Channel 377 Offices 135 in West Java 108 Jakarta 34 East Java 28 Central Java 72 in other cities (Sumatra, Sulawesi, Kalimantan, Bali, Lombok) Electronic Channel 552 ATM OCBC NISP 1,160 EDC OCBC NISP e Banking OCBC NISP ATM Bersama ATM BCA BankCard Malaysia OCBC Singapore Contact Center Call OCBC NISP Corporate Website Hotline Treasury offices and 552 ATMs covering 62 cities in Indonesia More than 37,000 ATM Network (including ATM Bersama, ATM Prima, ATM BCA, Bankcard Malaysia, OCBC Bank Singapore) More than 130,000 Electronic Data Capture (EDC) Prima Debit Network 23

24 Human Capital and Learning Development Changed the Human Capital Management policies and organizational structure to ensure complete alignment of the transformation. Implemented web-based Human Capital Information System (HCIS) in 2008 to obtain assurance of continuity, security and access to Human Capital Information. Introduced further enhancement to the existing infrastructure with the development of the PeopleSoft System. Continuous knowledge transfer from OCBC Bank, covering various areas including Consumer, Commercial, Risk and Operation & IT. 24

25 Qualitative Review - Ratings Among the highest rated banks FitchRatings - New York - US National Long-Term Rating AA+(idn) IDR Subordinated Debt AA-(idn) Long-Term Foreign Currency BB+ Long-Term Local Currency BB+ Individual Rating C/D Support Rating of 3 (In the top 3 highest National Long Term rated banks in Indonesia) Pefindo Indonesia (affiliated with Standard&Poor s) 2010 Corporate Rating id AA- Subordinated Bond id A+ 25

26 Qualitative Review Shareholders Profile OCBC Bank Singapore (74.73% International Finance Corporation (IFC) (7.17%) Qualitative Review Shareholders Structure Public (18.10%) OCBC Bank is Singapore s longest established bank (est. 1912) and one of Asia s leading financial services groups, with group assets of more than SGD 194,3 billion as of 31 December 2009 and 500 branches and offices in 15 countries and territories including Singapore, Malaysia, Indonesia, China, Hong Kong SAR, Brunei, Japan, Australia, UK and USA. OCBC Bank are among the Top 50 safest bank worldwide in 2009, according to Global Finance Magazine. IFC (International Finance Corporation), established in 1956, is a member of the World Bank Group. Bank NISP is the first bank in Indonesia to receive IFC investment in terms of Senior Loan, Equity and Technical Assistance programs. 26

27 Qualitative Review OCBC Bank Singapore Controlling Shareholder Support from OCBC Bank Singapore: Partner since 1997 Committed Shareholder from 22.5% ownership in 2004 increased to 74.73% in Capital support ATM network link-up Senior Executive placement on Board of Commissioners Senior Executive placement on Board of Directors Intensive knowledge, capability transfer and trainings Support to broaden product suites and to share experience in various area including product management, marketing, branding, channel delivery and risk management, audit, information technology and operational platform and processes. 27

28 Qualitative Review OCBC Bank Singapore Controlling Shareholder Product development support, such as Islamic Banking, Consumer Banking, Cash Management, Premier Banking, Structured product set up, Rocket/Wealthmap (financial planning concept and tools), Wealth Management, Bancassurance, Credit Card. Process improvement, includes Cross functional projects (Sunrise, Quantum Leap, Pegasus), Silverlake Core Banking System, Transaction Banking Blue print, conceptualization and implementation of Quality program. Others, such as attachment program to OCBC, setting up Corporate Secretary function, setting up Risk Management and Risk Based Audit, Fund Transfer Pricing Set Up. 28

29 Qualitative Review International Finance Corporation (IFC) World Bank Group Support from IFC: Capital support Senior loans Partial Guarantee Program Technical Assistance: Good Corporate Governance Asset Liability Management Strategic Planning Credit Risk Management 29

30 Corporate Social Responsibility (CSR) 30

31 Qualitative Review - CSR Bank OCBC NISP mission outlines the aspiration to conduct business and work as an honorable and responsible corporate citizen and to continue to grow with society. Bank OCBC NISP s CSR activities are detailed below: Focus in Education : Bank OCBC NISP is intensively engaged in various activities to support education nation-wide, including: Participating in the opening of Kuark Science Olympic 2010 as a sponsor. Partnership with : - Karya Salemba Empat (KSE) since Paramadina University for Pre MDP Scholarship, Entrepreneurship Scholarship and Fellowship program. Support in educational contests and exhibition Kuark Science Olympics Donated various school facilities to SMP Maria and SMP Kartika1-7, Padang West Sumatra 31

32 Qualitative Review - CSR Social Activities Bank OCBC NISP strives to be continuously and actively involved in various aspects of social and community development activities: Conducting Blood Donation (on quarterly basis) Sports (Own OCBC NISP Softball & Baseball Association) Participating in : - Awareness for the Preservation and Development of Indonesia s Shadow Puppets (Wayang) Event - Down Syndrome anniversary. - Community and religious activities in OCBC NISP Tower neighborhood - International Women's Conference in Bali Education on Banking the General Public In conjunction with Bank Indonesia, Bank OCBC NISP undertook the mission to educating and imparting facts and information on banks and banking to the general public. 32

33 Accolades Infobank Magazine, Jakarta The Best Bank in Service Excellence 2009/2010 (MRI & Infobank) : 3 rd Rank The Asian Banker Excellence in Retail Financial Service Award 2009 Rank 7 Asian Banking & Finance Magazine, Singapore Retail Bank of the Year 2009 Business Review Magazine, 2009 Best GCG Financial Category Finance Asia Magazine, Hong Kong Asia s Best Companies Best Mid Cap InfoBank Magazine - The Best Bank in Service Excellence 2008/2009 (MRI): Rank Golden Trophy for Excellent Financial Performance for 5 consecutive years Foreign Exchange Poll categories Best FX Prime Broking Services, Competitive and prompt forward pricing, Best FX (vanilla) Options Provider for Local Asian Currencies, and Macroeconomic Research Annual Report Award Rank 5 for Private Listed of Financial Sector 33

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35 Thank You PT. Bank OCBC NISP Tbk Corporate Communication Division OCBC NISP Tower Jl. Prof. Dr. Satrio Kav. 25, Jakarta Indonesia T : , F : E : ir@ocbcnisp.com 35