13
ROA has returned to pre-crisis levels
ROE has surpassed pre-crisis levels even though CAR has returned to
similar levels.
1.28 1.04
0.14 0.72
1.28
0.0 0.5
1.0 1.5
1996 1997
1998 1999
2000
12.89 10.35
1.29 5.72
10.30
2 4
6 8
10 12
14
1996 1997
1998 1999
2000
ROA
ROE
14
Singapore 81
Rest of World 5
Other Asia-Pacific 10
Other ASEAN 4
Assets as of December 1999 were 81 from Singapore, 5 from Other ASEAN, 9 from Other Asia-Pacific, and 5 from the Rest of World
15
Singapore 82
Rest of World 2
Other Asia-Pacific 12
Other ASEAN 4
Revenues as of December 1999 were 86 from Singapore, 5 from Other ASEAN, 8 from Other Asia-Pacific, and 2 from the Rest of
World
16
and shedding of low-yielding assets
Dec 97 Jun 98
Dec 98 Jun 99
Dec 99 Jun 00
Dec 00
40.1 43.6
73.9 83.1
82.3 80.4
80.7
52.0 52.4
54.4 57.8
56.2
33.6 41.8
10 20
30 40
50 60
70 80
90
S billion Customer loans
Customer deposits
104.5 119.6
76.1 69.5
66.1 65.2
64.5
20 40
60 80
100 120
140
LD ratio
17
-4000 -2000
2000 4000
6000 8000
10000 12000
14000 16000
-10 -5
5 10
15 20
25 30
35
Excluding the S1.2 billion DTDB NPL sale, the loan contraction would have only been S0.8 billion or down -1.5HoH for 2H00.
Jun 98 Dec 98
Jun 99 Dec 99
Jun 00 Dec 00
S million
10.4 3.4
-4.8 -3.8
-3.7 30.7
4,290 13,959
2,041
2,965 2,220
2,053 Change in Loans Half on Half
18
S million Change in balance Half on Half
-2000 -1500
-1000 -500
500 1000
847 314
1,866 526
320 347
Dec 99 Jun 00
Dec 00
Other products include the Horizon, Eight, and Up programs Deposits
Other products
19
against downside risks
Progress in our financial performance
Significant turnaround in asset quality
Migrating toward optimal capital structure
Maintaining a disciplined expansion plan
Protected on the downside, ready for a breakout
20
2,705 2,824
2,425 2,452
1,735 772
1,239 1,408
1,365 1,144
1,735 2,874
3,018 3,207
3,000
1,238
1,249 649
358 433
435 328
267
151 97
366 667
412 637
717 543
2,000 4,000
6,000 8,000
10,000
Dec 97 Jun 98 Dec 98 Jun 99 Dec 99 Jun 00 Dec 00 7.6
12.7
8.5 13.0
13.1 11.8
2.7 DBS Thai Danu Bank
DBS Kwong On Bank
5 Regional Countries Others
Singapore
NBk NPLNBk Loans
S million
1,112 3,907
7,085 8,121
8,149 7,666
4,411
21
are still current
NPLs 2000
3,508 358
546 250
295
956 2,552
325
32
500 1,000
1,500 2,000
2,500 3,000
3,500 4,000
4,500 5,000
DTDB 3,172
4,411 80
80 1,238
77 Total
ex-DTDB
Total Incl-DTDB
8 12 20
S million 3
Substandard Doubtful
Loss
Approx. S0.7 bn current, or 20
of Substandard
22
SEC basis
179 948
801 946
1,115 1,294
1,191 1,174
1,049
1,237 3,095
2,032 2,804
2,558
500 1,000
1,500 2,000
2,500 3,000
3,500 4,000
4,500
Dec 97 Jun 98 Dec 98 Jun 99 Dec 99 Jun 00 Dec 00 164.6
119.6 102.7 110.6
118.4 114.8 130.2
51.8 51.9
