PT BANK PERMATA Tbk September 2020 Financial Result
as of 02 November 2020
Analyst Presentation Prepared by Investor Relations Disclaimer
Laporan ini disusun oleh PT Bank Permata Tbk secara independen dan diedarkan hanya untuk tujuan informasi umum. Hal ini tidak dimaksudkan untuk orang tertentu yang mungkin menerima laporan ini. Informasi dalam laporan ini telah diperoleh dari sumber-sumber yang kami anggap dapat dipercaya. Tidak ada jaminan (tersurat maupun tersirat) yang dibuat untuk keakuratan atau kelengkapan informasi. Semua pendapat dan perkiraan yang termasuk dalam laporan ini merupakan penilaian kami pada tanggal ini dan dapat berubah tanpa pemberitahuan sebelumnya.
Kami tidak bertanggung jawab atau memiliki kewajiban apa pun tanpa pemberitahuan sebelumnya dari PT Bank Permata Tbk dan / atau karyawan dan / atau agen mereka masing-masing yang timbul yang dapat dibawa atau diderita oleh orang lain sebagai akibat bertindak atas dasar seluruh atau sebagian dari isi laporan ini. Baik PT Bank Permata Tbk dan / atau perusahaan afiliasinya dan / atau karyawan dan / atau agennya masing-masing tidak bertanggung jawab atas kesalahan, kelalaian dalam laporan ini dan setiap ketidakakuratan atau kelalaian yang mungkin timbul.
This report has been prepared by PT Bank Permata Tbk independently and is circulated for the purpose of general information only. It is not intended to the specific person who may receive this report. The information in this report has been obtained from sources which we deem reliable. No warranty (expressed or implied) is made to the accuracy or completeness of the information. All opinions and estimations included in this report constitute our judgment as of this date and are subject to change without prior notice.
We disclaim any responsibility or liability without prior notice of PT Bank Permata Tbk and/or their respective employees and/or agents whatsoever arising which may be brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this report and neither PT Bank Permata Tbk and/or its affiliated companies and/or their respective employees and/or agents accepts liability for any errors, omissions, negligent or otherwise, in this report and any inaccuracy herein or omission here from which might otherwise arise. Presentation Content
1 MACRO ECONOMY UPDATES
2 PERMATA BANK IN BRIEF
3 FINANCIAL PERFORMANCE HIGHLIGHTS
4 BUSINESS UPDATE
5 OTHER INFORMATION
3 Macro Economy
Decreasing interest rate to boost domestic growth Deflation trend and already below BI target
high range target 4.0% 3.39% 2.98% 5.25% 3.00% 5.00% 4.50% 4.75%4.50% 2.0% low range target 4.00% 4.00% 1.32% 1.42% 1.54% Inflation (yoy)
7 Days Reverse Repo rate
Jul-20 Jul-20
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Oct-19
Apr-20
Sep-19 Feb-20 Sep-20
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Sep-19 Feb-20 Sep-20
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Mar-20 May-20
Rupiah is weakened since Feb-20, due to Covid-19 outbreak GDP Growth is starting rebound
16,825 5.17% 5.18% 5.07% 5.05% 5.02% 4.97% 14,951 15,669 14,780 14,554 14,231 14,543 2.97% 14,245 13,700
Q3-18 Q4-18 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20
USD/IDR
-3.0% est.
31-Jul-20
31-Jan-20
30-Jun-20
31-Oct-19
30-Apr-20
30-Sep-19 29-Feb-20 30-Sep-20
31-Dec-19
31-Aug-20
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31-Mar-20 31-May-20 -5.32% 4 PermataBank in Brief
Year Established 1955 Controlling Shareholders Listing at the Bourse Since 1990 at the Jakarta Stock Exchange and Surabaya Stock Exchange (both merged and now known as the Indonesian Stock Exchange (BEI)
Asset ** Rp 166.8 tn (consolidated) ** Market Capitalization Rp 32.2 tn . Bangkok Bank is the largest corporate bank in Thailand, with Total Assets of ± US$ 127 Billion ** Network & Branches Total 304 Branches consist of : and has more than 17 million customer • 69 Branch Offices (incl.16 Sharia Branches & 1 HO) accounts with 1,200 branches nationwide • 217 Sub Branch (incl. 4 Sharia Sub Branches) • 18 Cash Offices (incl. 2 Sharia Services) . Bangkok Bank has the largest overseas branch ATMs * 939 (incl. 19 sharia ATMs) and additional network of any Thai bank, with 31 overseas access to >100,000 ATMs* locations in 15 nation, including China, Cambodia, Hong Kong, Indonesia, Japan, Shareholders *** • Bangkok Bank Public Company Ltd Laos, Malaysia, Myanmar, the Philippines, Singapore, Taiwan, Vietnam, the United (98.71%) Kingdom, and the United States. • Public (1.29%)
Corporate Rating id AAA (Pefindo) . Bangkok Bank has core presence in key ASEAN market, leveraging on cross border AA+(idn) (Fitch) trade, capital, wealth and investment flow. Baa2 (Moody’s) Bangkok Bank is aiming to become a leading and well-diversified ASEAN regional bank. id AA+ (Pefindo) Sub Debt Rating
. Bangkok Bank has been in presence in Id AA (Pefindo) Basel-III Sub Debt Rating Indonesia since 1968 with deep understanding * connected through Alto, Visa Plus, ATM Bersama, Master Card, Cirrus and Prima networks of the Indonesian banking sector. ** as of Sep-20 *** as of 7 October 2020 5
PermataBank Growth Strategies A B C STRENGTHENING STRENGTHENING STRENGTHENING SYNERGY WITH FINANCIAL PERFORMANCE BUSINESS ENABLER SHAREHOLDERS
. REVENUE: Grow customer (incl. . Leverage capabilities and . CREDIT: Create credit culture to partnership), deepen relationship increase collaboration with drive responsible growth, clear (fee, cross-sell, value chain to Bangkok Bank: leveraging governance and compliance customer’s ecosystem), increase NIM international customers, product adherence (e.g. pricing, unsecured lending, skills and joint deals across . DIGITAL: Create and execute Digital CASA), drive BETTER lending, transaction banking, FM Roadmap (Customer experience, product/offerings sales and ALM Digitize sales, Tech/Ops, Agile . COST: Improve efficiency and Operating model) productivity: process, review . Build new strategic partnership . NETWORK: Revamp network and network/branch model, commercial & deepen relationship with review branch model (Lean branch excellence existing strategic partners with service, Lean branch model) . QUALITY: Manage risk appetite, risk innovative business models . ORGANIZATION: Manage changes limits and underwriting criteria in across organization (people, culture) regards of Covid-19 impact. . Continue to deepen relationship with Astra Group, and its . EXPERIENCE: Improve Stakeholder ecosystem across 7 industry Experience (addressed complaints, verticals and segment offering better process – lower TAT & service (retail, commercial, corporate and delivery) Syariah)
6 Financial Performance Financial Performance Highlights
• LOAN GROWTH – Slightly declined by -4.3% (YoY) to Rp.102.9 Trillion in Q3-20 in line with the decline in credit demand due to the economic downturn as a result of COVID-19 outbreak. Bank continues to selectively provide loan for customers and industrial sectors that are not affected by COVID-19 which predicted be able to sustain in accordance with the Bank’s appetite and principle of prudence to maintain the quality of the loan. • RESTRUCTURED LOAN – As of September 2020, the total requests for the Restructuring and Credit Relaxation program related to COVID-19 received by Permata Bank amounted to IDR 11.97 trillion or 11.6% of the total credit in Sep 2020, of which 91% have been approved and booked. Bank continues to focus on helping affected debtors by carrying out loan restructuring and relaxation programs in accordance with OJK direction. • THIRD PARTY FUND – Total third party fund grew by 11.1% to Rp. 133.3 trillion, which majorly was supported by CA and SA growth of 18.3% and 8.2%, resp., led to an increase in CASA by 13.4%. CASA ratio at 51% which showing that PemataBank continues to play an important role in supporting customers to manage their business in difficult economic conditions. As of Sep-20, LDR was also well maintained at 74.5%. • MANAGEABLE ASSET QUALITY WITH PRUDENT COVERAGE RATIO – The gross NPL ratio increased to 3.8% compared to Sep 2019 which was 3.3% with NPL-net maintained at a level of 1.5% compared to Sep 2019 position of 1.2%. This was influenced by the impact of the COVID-19 pandemic on the financial capacity of debtors in almost all industry segments. • THE NPL COVERAGE RATIO – Well maintained at 118% in Sep 2020, an increase compared to Jun 2020 position of 112%. This is in line with the efforts to improve credit quality that have been made while maintaining conservatism and indicate the Bank's efforts to mitigate potential credit losses in a prudent manner.
8 Financial Performance Highlights
• REVENUE GROWTH – Pre Provision Operating Profit (PPOP) was recorded at IDR 2.6 Trillion or grew by 20.4% (YoY) compared to the same period last year, which was mainly contributed by an increase in Net Interest Income of 8.6% (YoY) to IDR 4.7 Trillion by end Q3-20 and also the Operating Income other than Interest (Fee Based Income) increased by 9.0% to IDR 1.6 Trillion. This led to the achievement of the NIM ratio to 4.4% or an increase of 19bps compared to the position in Sep 2019 of 4.2%. Meanwhile the Fee Income to Income (FIR) ratio was maintained at the level of 25.1%, increasing by 11bps compared to the position in Sep 2019 of 25.0%. • OPERATIONAL COST – Business efficiency has continuously improved with the achievement of the Cost to Income Ratio (CIR) of 59.8%, a significant improvement compared to last year position of 63.6%. This is achieved through effective cost management efforts combined with the use of technology and digitized transaction in enabling the Bank to be more adaptive during COVID-19 pandemic and continuously serving potential customers effectively. • NET INCOME - The increase in credit provision expenses and the effect of changing in Corporate Income Tax rates has significantly affected the Bank's profits, however, up to Q3-20 the Bank still booked Profit After Tax of Rp.430 billion, downed by 60.7% compared to last year's achievement. Normalized Profit After Tax (exclude LI impact of COVID-19 and changing in CIT from 25% to 22%) will be approx. Rp.806 billion. • STRONG LIQUIDTY - Common Equity Tier 1 (CET-1) and Capital Adequacy Ratio (CAR) were maintained firmly in the position of Sep 2020 at 20.5% and 21.6%, respectively, an increase compared to 18.6% and 19.8% in the period same year ago - much higher than the applicable minimum capital requirement. The capital ratio even remained strong after incorporating the impact of the first implementation of PSAK 71 regarding the provision for losses of financial instruments effective from Jan 1, 2020. 9 Key Financial Highlights Sep 2019 Sep 2020 ∆ (%) Loans (Rp Tn) 107,6 → 102.9 -4.3%
Gross NPL Ratio 3.3% → 3.8% 0.5% Net NPL Ratio 1.2% → 1.5% 0.3% NPL Coverage Ratio 164% → 118% -46% CASA Ratio 50% → 51% 0.8% [CASA (Rp Tn)]* 59.7 → 68 13.4% LDR 88% → 74.5% -13.5% NIM 4.2% → 4.4% 0.2% BOPO 87.2% → 92% 4.8% CIR 62% → 60% -3.8% Profit Before Tax (Rp Bn) 1,463 → 833 -43% Profit After Tax (Rp Bn) 1,093 → 430 -61% Profit After Tax (Rp Bn)** 1,093 → 806 -26%
Notes : * Including Sharia deposits ** Excluding the COVID-19 impact on the increasing allowance for impairment asset and the effect of decreasing CIT – PPh from 25% to 22% Source : Published Report (Consolidated) 10 Income Statement Published Report Normalized Profit YOY (in IDR bn) Sep-20 Sep-19 YOY Sep-20 (Normalized Profit)
Net Interest Income 4,653 4,286 9% 4,653 9% Non Interest Income 1,553 1,425 9% 1,553 9% Revenue 6,206 5,711 9% 6,206 9% Operating Expense 3,642 3,581 2% 3,642 2% Pre Provision Operating Profit 2,564 2,130 20% 2,564 20% Provision Expense 1,857 741 151% 1,652 123% Operating Profit 707 1,389 -49% 912 -34% Non Operating Income 127 74 72% 127 72% Profit Before Tax 833 1,463 -43% 1,038 -29% Tax (404) (370) 9% (233) -37% Profit After Tax 430 1,093 -60.7% 806 -26%
Source : Published Report (Consolidated).
* Normalized Profit is adjusted Profit to exclude factors as follow : • The significant increase in loan impairment was due to higher expected credit losses and market volatility in anticipation to COVID-19 pandemic. The deterioration in some Macro Economic Variables (MEV) have been applied in calculating the Probability of Default (PD) of loan portfolio • The implementation of the new corporate income tax rate cause the Bank have to recalculate the deferred tax assets (DTA) (which was originally calculated at a rate of 25% to be lowered to 22%), resulting an overstatement in recognition of DTA assets). The excess in DTA should be removed from assets and charged as tax expenses in March 20 11 Balance Sheet
(in IDR tn) Sep-20 Sep-19 YoY Dec-19 YTD
Cash 1.6 1.8 -11.9% 2.3 -31% Placement with Bank Indonesia 16.5 14.8 11.5% 16.3 1% Placement with Other Banks 4.0 7.3 -45.2% 9.6 -58% Marketable Securities * 34.4 16.8 104.7% 11.9 190% Loans (gross) 102.9 107.6 -4.3% 108.2 -5% Allowance for Loan Impairment Losses (4.5) (5.8) -22.7% (3.9) 14% Other Assets 12.0 12.7 -5.9% 17.2 -31% Total Assets 166.8 155.1 7.5% 161.5 3% Deposits ** 133.3 120.0 11.1% 122.9 8% - Current Accounts 36.4 30.7 18.3% 32.4 12% - Saving Accounts 31.3 29.0 8.2% 29.8 5% - Time Deposits 65.7 60.3 8.9% 60.7 8% Subordinated Debt 1.6 4.2 -62.5% 2.3 -31% Others Liabilities 7.8 7.3 7.6% 12.3 -36% Total Liabilities 142.7 131.4 8.6% 137.5 4% Shareholders' Equity 24.1 23.7 1.5% 24.0 0% Total Liabilities & Shareholders' Equity 166.8 155.1 7.5% 161.5 3%
Notes : * Including Reverse repo Source : Published Report (Consolidated) ** Including Sharia deposits 12 Financial Ratios
(in %) Sep-20 Dec-19 Sep-19 ∆
CET-1 ratio 20.5 18.7 18.6 2.0
Total CAR 21.6 19.9 19.8 1.8
Loan to Deposit Ratio (LDR) 75 86 88 -13
CASA Ratio 51 51 50 1
ROA 0.7 1.3 1.3 -0.6
ROE 2.7 7.2 7.1 -4.5
BOPO 92 87 87 5
CIR 60 62 64 -4
NIM 4.4 4.4 4.2 0.2
NPL Gross 3.8 2.8 3.3 0.4
NPL Net 1.5 1.3 1.2 0.3
NPL Coverage ratio 118 133 164 -45
Source: Published and Management Report (Bank only)
Note: CASA Ratio includes Sharia deposits
13 Focus and Selective on Healthier Loan* Growth -4.2% YOY
-1.8% (Sep 2018 - Sep 2020 CAGR) 110.2
107.9 107.3 106.6 106.3 106.7 104.5 103.4 102.7
Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20
Conventional and Sharia* By Currency*
14% 14% 15% 14%
Sharia FCY
86% 86% 86% Conventional 85% IDR
Sep-19 Sep-20 Sep-19 Sep-20 *Source : Bank Only. 14 Loan Quality Weakened due to COVID-19
6.0% +48 bps YOY 4.8% 5.0% 4.6% 4.6% 4.3% 4.4% 3.8% 3.7% 3.8% 4.0% 3.6% 3.3% 3.2% Gross NPL 2.8% 3.0%
1.7% 1.7% 1.7% 1.8% 2.0% 1.5% 1.7% 1.6% 1.5% 1.3% 1.2% 1.3% 1.2% Net NPL 1.0%
0.0% Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 20.0% 240% 18.0% Loan by Collectability (% to total Loan) NPL Coverage Ratio (%) 210% 16.0%
3.3% 2.7% 3.8% 180% 164% 168% 14.0% 146% 145% 150% 12.0% 7.3% 6.0% 5.5% 133% 118% 10.0% 120% NPL 8.0% 90% 6.0% Coll.260% 91.2% 90.8% 3.3% 3.8% 4.0% 89.4% 2.8% Coll.130% 2.0% 1.2% 1.3% 1.5% 0% 0.0% Sep-19 Des-19 Sep-20
Sep-19 Des-19 Sep-20 NPL Coverage Ratio Regulatory Coverage Ratio
Source : Published and Management Report (Bank Only) Gross NPL ratio Net NPL 15 Restructured Loan Progress due to COVID-19
Loan Affected by Covid-19 Restructuring Progress Restructuring by Segment
IDR 11.9 Trillion Request for Restructuring & Relaxation 90% Approved, 7% Rejected, 3% On progress 47% WB, 33% RB, 20% SME or 11.6% of Total Loan – Sep 2020
11.6% 7% 3% 20%
47%
33% 88.4% 90%
Loan Restructured & Relaxation Wholesale Banking Non-Restructured & Non-Relaxed Loan Approved On Progress Rejected Retail Banking (excl. SME) SME
As per Sep 2020, total incoming requests (exclude cancel request) is at IDR 11.9tn, of which 90% is already approved, 3% still in process and 7% rejected. 16 Growth Deposit, focus on CASA
Deposit Composition (IDR Trillion) 11.1% YOY YOY Growth • The third party funds balances increased 1.3 % (YTD) % by 11.1% from Sep-19 to Sep-20, mainly 133.3 120.0 122.9 driven by the increase in CASA by 13.4% YoY. +9% 65.7 60.7 60.3 • PB’s deposit strategy is continuously focusing on low cost and sustainable funds (CASA).
59.7 62.3 67.7 +13% • The CASA percentage is maintained stable at 51% in Sep-20 in line with PB’s deposit Sep-19 Dec-19 Sep-20 strategy and in order to contribute a stable
CASA Time Deposits NIM%.
CASA Ratio (%) By Currencies
0.10 bps (YOY) IDR Non IDR 51 51 16% 15% 17%
50 84% 85% 83%
Sep-19 Dec-19 Sep-20 Sep-19 Dec-19 Sep-20
Source : Published and Management Report 17 Increasing NIM and Overall Yield
10.0% 8.4% 8.4% 8.4% 9.0% 8.0% 8.3% 8.1% 7.9% 7.9% 7.6% 8.0% 7.0% 6.0% 4.8% 4.7% 4.6% 4.6% 5.0% 4.3% 4.3% 4.0% 3.9% 4.4% 4.0% 4.6% 4.2% 4.4% 4.5% 3.0% 4.0% 4.1% 4.0% 4.2% 3.8% 2.0% 1.0% 0.0% Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20
Yield of Interest Earning Assets Cost of Interest Bearing Liabilities NIM
• NIM ratio is 4.4% or increased by 28bps compared to the position of Sep-19 which is at 4.2%. Despite the uncertain economy condition due to COVID-19, the Bank still continuously improving its NIM.
• The increase in NIM was mostly due contributed by decrease in the interest expense due to Bank’s subordinated bond (Tier-2 Capital) and increase in CASA composition during the year. Both caused the cost of funds decrease faster while the loan interest yield is slower to adjust following by its repricing period due to the decrease of BI rate
Source : Published and Management Report (Bank Only) 18 Strong Growth of Non Interest Income
NFI Composition* (IDR Billion) +9%
2,000 Sep-19 Sep-20 1,553 1,600 +27% 1,425 1,200 -5% 686 +10% -16% +8% -34% +82% 800 541 291 278 400 97 106 180 152 87 94 155 102 74 136 - Net Gain and Loan Related Trade Finance Bancassurance Security Agency Credit Card & E- Others Total Non incr. value on Fees Services & Channel Interest Income Mktbl Securities Investment trx, Spot and Services Derivative trx.
Fee to Income Ratio*
• Bank recorded Strong NFI growth of 9% 26% 25% 25% 25% YoY, mainly contributed from treasury 25% 25% transaction (FX) and gain on sale of 25% 24% marketable securities which increased by 24% 24% 23% 23% 27% year-on-year. 23% 22% 23% 22% • Due to strong growth of NFI, Fee Income 22% ratio was able to be maintained at 25%. 22% 21% Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Source : Published and Management Report (*Bank Only) 19 Managable Operating Expenses
+2% Expenses Composition* (IDR Billion)
+11% 3,581 3,642 -9% -51% +90% -15% 1,764 1,953 1,279 1,086 114 56 260 238 163 309
Staff Cost Marketing & Information Depreciation and Others Total Operating Promotion Technology amortization Expenses
Sep-19 Sep-20
Operation Efficiency Ratios* (BOPO) Cost to Income Ratio*
70% 100% 66% 65% 96% 65% 64% 65% 63% 62% 93% 94% 59% 59% 92% 60% 58% 91% 55% 90% 88% 88% 87% 87% 50%
45%
80% 40%
Jun-19 Jun-20
Jun-19 Jun-20
Sep-18 Sep-20 Sep-19
Sep-18 Sep-19 Sep-20
Dec-18 Dec-19
Dec-19 Dec-18
Mar-19 Mar-20
Mar-19 Mar-20
Source : Published and Management Report (*Bank Only) 20 Capital Position Remain Strong
21.3 21.6 19.8 19.9 19.6 20.2 20.5 18.6 18.7 18.4
12.5 12.5 12.5 10.0 10.0
Sep-19 Dec-19 Mar-20 Jun-20 Sep-20
Total CAR CET1 Minimum Requirement (incl. Buffer)
Risk Weighted Asset (IDR Billion) CET-1 Ratio (%)
+1.9% YOY -4,7 % YOY -
1.3 0.3 0.2 0.0 115,361 - 110,211 0.0 0.1 20.5 18.6
20.2
(1,561) (3,249) (341)
Sep-19 RWA Profit DTA MTM AFS Fixed Asset Others Sep-20 Sep-19 Credit Risk Market Risk Operational Sep-20 Reval Risk 21 Business Updates Retail Banking Business Strategy In 2020, PermataBank will focus on development of Consumer Loan products The retail business strategy will focus on growing the number of customers, increasing third party funds, financing MSMEs / SMEs, digital transformation positioned to increase market share.
FOCUS ON THE GROWTH INCREASING NON- IMPROVE RETAIL BUSINESS OF PUBLIC AND INTEREST INCOME (FEE SCALE THROUGH CONSUMER FINANCING BASED) COLLABORATING WITH NEW BUSINESS PARTNERS
MAINTAIN GOOD DOING DIGITALIZATION OF CONTINUALLY GOVERNANCE AND BUILD THE PROCESS FOR DEVELOPING DIGITAL STRONG RISK EFFICIENCY AND SOLUTIONS FOR MANAGEMENT PRODUCTIVITY CONSUMER AND SME NEEDS
23 Wholesale Banking Business Strategy WB will focus on Quality of Asset Growth and Return Optimizations
ENSURE EXISTING PORTFOLIO REMAIN ROBUST . Maintain communication with clients by staying up to date on business and business conditions. . Regularly monitor customer business performance
ASSET GROWTH
. Selective credit growth provided to superior corporate customers . Using a value chain business approach in increasing credit growth
ACCOUNT MANAGEMENT
. Focusing on cross selling of existing customers . Increase the portion of income through fee based income
24 Shariah Banking Business Strategy Key Achievements in 2020
25 Digital Banking Innovation Keep innovate and continuously improve to our customers
PermataMobile X Permatabank.com Permata Digital Branch
Designed to deliver experience that is consistent across all our digital platforms 200+ FEATURES We will continue to look at our data, draw insights, Version 1.23.1 LAUNCHED IN 2020 identify area for improvement – experience, stability, performance, new features, etc. LAUNCHED IN 2018 LAUNCHED IN 2019 26 PermataMobile X Powerful Digital Banking Platform
27 PermataMobile X Growth of User Download and Activity
# of Registration # of Active Users Average transaction user per (in thousands) (in thousands) month (in Million) ↑62% ↑53% ↑70%
1,102 551 97
682 361 57
241 113 17
2018 2019 Q3-2020 2018 2019 Q3-2020 2018 2019 Q3-2020
28 Other Information Board of Commissioner
Chartsiri Sophonpanich Chalit Tayjasanant Chong Toh Niramarn Laisathit President Commissioner Commissioner Commissioner Commissioner
Haryanto Sahari Rahmat Waluyanto Goei Siauw Hong Yap Tjay Soen Independent Commissioner Independent Commissioner Independent Commissioner Independent Commissioner
30 Board of Director
Ridha DM Wirakusumah Dhien Tjahajani Lea Kusumawijaya Abdy Salimin President Director Director Director Director
Djumariah Tenteram Darwin Wibowo Herwin Bustaman Dayan sadikin Director Director Director Director
31 Shares Perfromance
Share Price (IDR) Trading vol (Thou. unit) 3,500 3060 700 3,000 600
2,500 2480 500 1975 2,000 400
1,500 1310 1360 1260 1250 1,275 1285 1260 1245 300 1,110 1325 1,045 1170 1,240 1,000 1,180 200
500 100
- - Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20
Trading volume Share price
BNLI Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Price (IDR) 625 960 780 1,110 1,265 1,035 1,270 1,160 PBV (x) 0.8 1.2 0.9 1.3 1.5 1.2 1.5 1.3 P/E Ratio 26 18 15 21 23 N/M 48 56 Market Cap (IDR Tn) 17.4 26.7 21.7 30.8 35.1 28.7 35.3 32.2 Book Value 22,452 22,955 23,313 23,729 24,037 23,247 23,855 24,087 PAT 901 377 711 1,093 1,500 0.002 366 430 EPS 32 54 51 52 54 0.00 26 21 32 COMPANY RATINGS As of Sep 2019 – Sep 2020
Rating Agencies Rating / Outlook Scores Corporate Rating id AAA / Stable Pefindo Pre Basel-III Sub Debt Rating id AA+ (Jun 2020) Basel-III Compliant Subordinated Bonds id AA Rating
Fitch National Long Term Rating AA+(idn) / Stable (Mei 2020) National Short Term Rating F1+(idn)
Local and Foreign Currency Deposit Baa2/P-3 Rating
Moody’s Long Term Counterparty Risk Rating Baa1/P-2 (Jun 2020) Baseline Credit Assessment ba1 Adjusted Baseline Credit Assessment ba1 Long Term Debt N/A Outlook Stable
33 Thank You!
Investor Relations Unit World Trade Center II Jl. Jend. Sudirman Kav. 29-31 Jakarta 12920 - Indonesia
Phone : (62-21) 523 - 7899 / 7999 Website : www.permatabank.com Email : [email protected]
Disclaimer: This report has been prepared by PT Bank Permata Tbk independently and is circulated for the purpose of general information only. It is not intended to the specific person who may receive this report. The information in this report has been obtained from sources which we deem reliable. No warranty (expressed or implied) is made to the accuracy or completeness of the information. All opinions and estimations included in this report constitute our judgment as of this date and are subject to change without prior notice. We disclaim any responsibility or liability without prior notice of PT Bank Permata Tbk and/or their respective employees and/or agents whatsoever arising which may be brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this report and neither PT Bank Permata Tbk and/or its affiliated companies and/or their respective employees and/or agents accepts liability for any errors, omissions, negligent or otherwise, in this report and any inaccuracy herein or omission here from which might otherwise arise.