4Q12 presentation slides strategy
Delivering value
6 February 2013
Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or
distributed to parties outside the presentation. DBS Bank accepts no liability whatsoever with respect to the use of this document or its contents.
Solid, consistent performance over the past 3 years
S$m
8,064
RECORD
HIGH
3,359
RECORD
HIGH
7,631
7,066
6,603
6,163 6,031
5,344
4,143
4,265
4,479 4,338
Income
3,035
1,938
1,285
Net profit
2,056 2,064
1,649
(a)
2002
(a)
1,491
2,175
2,650
2,487
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Exclude one-time items and goodwill charges
2
ROE at 5-year high, despite the challenging operating
environment
12.7
12.5
12.3
11.0
10.1
Average
ROE
10.7%
10.2
10.1
9.8
ROE (%) (a)
11.2
9.1
8.4
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
3.92
3.04
2.48
6-month
SOR (%)
1.40
0.52
0.94
0.58
2002
(a)
2003
Average
SOR
1.44%
0.24
2004
2005
2006
2007
2008
2009
2010
-0.63
2011
2012
Exclude one-time items and goodwill charges
3
Growing higher return annuity income streams
7%
Income (S$m)
8,064
6,603
464
181
492
868
Treasury
customer
income
358
1,013
5,466
5,825
2009
2012
CAGR
% of Group
2009
2012
23%
7%
11%
Cash
26%
3%
4%
Trade
27%
7%
13%
Others
Customer income as % of total
Treasury income
27% 44%
4
Higher revenue contribution from regional markets
Income (S$m)
% of Group
CAGR
8,064
2009
2012
6%
5%
409
745
Rest of World
South & Southeast Asia
25%
6%
9%
717
Rest of Greater China
25%
6%
9%
1,522
Hong Kong
10%
17%
19%
4,273
4,671
Singapore
3%
65%
58%
2009
2012
6,603
421
385
370
1,154
MIS basis
5
Growing key customer segments
SME
Wealth Management
Income (S$m)
1,229
787
1,024
1,041
2012
2009
2010
1,092
620
481
2009
506
2010
2011
2011
2012
6
Reshaped our balance sheet
S$bn
Loans
Deposits
Other funding
267
24
Healthy loans and deposits growth
Diversified our funding sources
188
5
243
183
211
131
Dec 2009
LDR (%)
Group
71%
87%
SGD
55%
69%
Non-SGD
96%
110%
Dec 2012
7
The Asian Bank of Choice for the New Asia
1. Entrench leadership in Singapore
Geographies 2. Reposition Hong Kong
3. Rebalance geographic mix of our business
4. Build a leading SME business
Regional
Businesses
5. Strengthen wealth proposition
6. Build-out GTS and T&M cross-sell business
7. Place customers at the heart of the banking experience
Enablers
8. Focus on management process, people and culture
9. Strengthen technology and infrastructure platform
China, India, Taiwan,
Indonesia now 18%
of Group
vs. 11% in 2009
GTS and T&M crosssell now 28%
of Group
vs. 17% in 2009
SME + Wealth
business now 25%
of Group
vs 23% in 2009
8
In summary
3 years of solid, consistent financial performance
Strategy sound, building blocks in place,
investments starting to pay off
Asset quality healthy
More signs of recovery in the macro-environment
Well-positioned to capture market opportunities
9
6 February 2013
Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or
distributed to parties outside the presentation. DBS Bank accepts no liability whatsoever with respect to the use of this document or its contents.
Solid, consistent performance over the past 3 years
S$m
8,064
RECORD
HIGH
3,359
RECORD
HIGH
7,631
7,066
6,603
6,163 6,031
5,344
4,143
4,265
4,479 4,338
Income
3,035
1,938
1,285
Net profit
2,056 2,064
1,649
(a)
2002
(a)
1,491
2,175
2,650
2,487
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Exclude one-time items and goodwill charges
2
ROE at 5-year high, despite the challenging operating
environment
12.7
12.5
12.3
11.0
10.1
Average
ROE
10.7%
10.2
10.1
9.8
ROE (%) (a)
11.2
9.1
8.4
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
3.92
3.04
2.48
6-month
SOR (%)
1.40
0.52
0.94
0.58
2002
(a)
2003
Average
SOR
1.44%
0.24
2004
2005
2006
2007
2008
2009
2010
-0.63
2011
2012
Exclude one-time items and goodwill charges
3
Growing higher return annuity income streams
7%
Income (S$m)
8,064
6,603
464
181
492
868
Treasury
customer
income
358
1,013
5,466
5,825
2009
2012
CAGR
% of Group
2009
2012
23%
7%
11%
Cash
26%
3%
4%
Trade
27%
7%
13%
Others
Customer income as % of total
Treasury income
27% 44%
4
Higher revenue contribution from regional markets
Income (S$m)
% of Group
CAGR
8,064
2009
2012
6%
5%
409
745
Rest of World
South & Southeast Asia
25%
6%
9%
717
Rest of Greater China
25%
6%
9%
1,522
Hong Kong
10%
17%
19%
4,273
4,671
Singapore
3%
65%
58%
2009
2012
6,603
421
385
370
1,154
MIS basis
5
Growing key customer segments
SME
Wealth Management
Income (S$m)
1,229
787
1,024
1,041
2012
2009
2010
1,092
620
481
2009
506
2010
2011
2011
2012
6
Reshaped our balance sheet
S$bn
Loans
Deposits
Other funding
267
24
Healthy loans and deposits growth
Diversified our funding sources
188
5
243
183
211
131
Dec 2009
LDR (%)
Group
71%
87%
SGD
55%
69%
Non-SGD
96%
110%
Dec 2012
7
The Asian Bank of Choice for the New Asia
1. Entrench leadership in Singapore
Geographies 2. Reposition Hong Kong
3. Rebalance geographic mix of our business
4. Build a leading SME business
Regional
Businesses
5. Strengthen wealth proposition
6. Build-out GTS and T&M cross-sell business
7. Place customers at the heart of the banking experience
Enablers
8. Focus on management process, people and culture
9. Strengthen technology and infrastructure platform
China, India, Taiwan,
Indonesia now 18%
of Group
vs. 11% in 2009
GTS and T&M crosssell now 28%
of Group
vs. 17% in 2009
SME + Wealth
business now 25%
of Group
vs 23% in 2009
8
In summary
3 years of solid, consistent financial performance
Strategy sound, building blocks in place,
investments starting to pay off
Asset quality healthy
More signs of recovery in the macro-environment
Well-positioned to capture market opportunities
9