BJBR AM 4Q2013 English
Bigger, Stronger, Better
bank bjb
FY13 Analyst Meeting
Table of Content
Pg. 5
Result Summary
Pg. 10
Loans Breakdown
Pg. 15
Deposit Breakdown
Pg. 16
Asset Quality
Pg. 19
Yield Analysis
Pg. 23
Consumer Loans Performance
Pg. 29
Strong Retail Funding & Number of Account Growth
Pg. 32
Subsidiaries Performance
Pg. 38
Company Profile
2
Macroeconomic
Bank Indonesia Rate Increased 175 bps To 7.50%
GDP Growth
Consumer Confident Trends Remain Stable
BI Rate
Consumer Confidence Index
12
140
10
Index (points)
120
6
4
80
60
40
2
20
0
0
Source: Bloomberg
Source: Bloomberg
Higher Inflation on New Subsidized Fuel Price
CPI
Global Influence on Weaker Bond Market and IDR
1M JIBOR
USDIDR
14
12
8
6
4
2
0
Source: Bloomberg
USD IDR
10
(%)
100
13000
12000
11000
10000
9000
8000
7000
6000
10Yr Govt Bond
25
20
15
10
5
0
Source: Bloomberg
3
Yield (%)
(%)
8
Banking Sector
YoY Growth (%)
40.0
Loans Growth
Deposit Growth
35.0
As of Des‘13, banking sector data shows:
30.0
• Loans +21.6%YoY to Rp 3,292tr (Investment loans
25.0
+34.95% YoY, working capital +20.43%, consumer
20.0
15.0
loans +13.67%)
10.0
• Deposit +13.6% YoY to Rp 3,663tr (CASA +11.69%
YoY, Time Deposit +16.16% YoY, CASA Ratio 56.21%)
5.0
• NPL -10bps YoY to 1.87%
-
• ROA -3bps YoY to 3.08%
Source: Bank Indonesia
Investment Loans
WC Loans
Consumer Loans
YoY Growth (%)
60.0
Des ’12
Des ’13
YoY (%)
50.0
Total Loans
2,707
3,292
21.60
40.0
Total
Deposit
3,225
3,663
13.60
20.0
LDR
83.94
89.87
+5.93
10.0
NPL
1.87
1.77
-0.10
ROA
3.11
3.08
-0.03
30.0
-
Source: Bank Indonesia
4
Result Summary
Income
Statement
•
•
•
•
Net Interest Income at Rp 4.8tr (+30.8% YoY/ +2.5% QoQ)
PPOP at Rp 2.2tr (+27.7% YoY/ -14.9% QoQ)
LLP at Rp 616bn (+52.7% YoY/ +72.0% QoQ)
Net Income at Rp 1.37tr (+15.3% YoY/ -19.7% QoQ)
Balance
Sheet
•
•
•
•
Total Loans at Rp 45.3tr (+28.1% YoY/ +2.8% QoQ)
Total Financing at Rp 3.6tr (+21.5% YoY/ -3.5% QoQ)
Total Deposit at Rp 49.9tr (-1.2% YoY/ -11.6% QoQ)
Total Asset at Rp 70.9tr (+0.2% YoY/ -6.5% QoQ)
Ratios
(bank only)
•
•
•
•
NIM at 8.0% (+120bps YoY/ -9bps QoQ)
ROA (Net) at 2.1% (+11bps YoY/ -10bps QoQ)
ROE (Net) at 22.2% (+91bps YoY/ -128bps QoQ)
NPL (Gross) at 2.8% (+77bps YoY/ +37bps QoQ)
5
Target vs. Realization
(%)
Target
1Q13
2Q13
3Q13
FY13
Loans Growth
25% - 28%
36.0
33.7
34.3
28.1
Deposit Growth
18% - 22%
-5.1
10.6
7.3
-1.2
ROA (net)
1.8% - 2.0%
2.4
2.2
2.2
2.1
ROE (net)
20% - 22%
24.2
24.3
23.5
22.2
NIM
6.8% - 7.2%
8.2
8.2
8.0
8.0
Cost of Fund
5.0% - 5.5%
4.6
4.6
4.8
4.9
Cost to Income
Ratio
51% - 54%
55.0
54.7
55.6
56.1
Gross NPL
1.5% - 2.0%
2.1
2.3
2.5
2.8
Credit Cost
1.0% - 1.4%
1.2
1.3
1.2
1.3
CASA Ratio
40% - 45%
50.0
48.5
49.3
60.2
6
Key Ratios (bank only)
Key Ratios
FY12
1Q13
2Q13
3Q13
FY13
ROA (net)
1.9
2.4
2.2
2.2
2.1
ROE (net)
21.3
24.2
24.3
23.5
22.2
Cost to Income Ratio
56.5
55.0
54.7
55.6
56.1
Expenses Ratio
80.0
74.4
75.9
77.0
79.4
Asset Yield
12.0
12.8
12.7
12.8
12.9
Cost of Fund
5.2
4.6
4.6
4.8
4.9
NIM
6.8
8.2
8.2
8.0
8.0
LDR
74.1
83.2
80.8
82.2
96.5
Special Mention Loans
3.0
3.9
3.9
3.8
3.7
Gross NPL
2.1
2.1
2.3
2.5
2.8
Net NPL
0.5
0.7
0.6
0.6
0.6
Coverage Ratio
82.9
78.1
81.8
82.9
79.7
Provision/Total Loans
1.7
1.6
1.9
2.0
2.3
Credit Cost
1.2
1.2
1.3
1.2
1.3
CAR
18.1
17.2
16.4
16.4
16.5
Profitability
Cost Ratios
Yield
Asset Quality
Capital
7
Income Statement
Income Statement
(Rp bn)
FY12
FY13
YoY
(%)
Interest Income
6,796
8,133
19.7%
Interest Expense
(3,140)
(3,351)
6.7%
Net Interest Income
3,655
4,782
30.8%
Fee Based Income
247
293
18.6%
Operating Expense
(2,164)
(2,815)
30.1%
Gain (Loss) on Financial Statement
15
(22)
-
PPOP
1,753
2,238
27.7%
Loan Loss Provision
(404)
(616)
52.7%
Non Operating Income
163
131
-19.6%
PBT
1,512
1,753
15.9%
Tax Expense
(319)
(376)
17.9%
Net Income
1,193
1,376
15.3%
8
Balance Sheet
Balance Sheet
(Rp bn)
FY12
1Q13
2Q13
3Q13
FY13
YoY
(%)
Cash
1,795
1,570
1,684
1,768
2,595
44.6%
Current Account with
Bank Indonesia
4,666
3,659
4,127
4,249
4,454
-4.5%
Secondary Reserves
24,075
19,887
19,926
19,740
13,135
-45.4%
Loans – net
34,769
37,198
41,046
43,154
44,289
17.6%
Financing – net
2,834
2,965
3,295
3,626
3,532
24.6%
Fixed Asset - net
735
1,002
1,010
1,006
699
-4.9%
Other Asset
1,967
2,126
2,333
2,316
2,254
14.6%
Total Asset
70,841
68,407
73,421
75,860
70,958
0.2%
Total Third Party Fund
50,608
48,638
55,060
56,560
49,997
-1.2%
Marketable Securities
Issued
2,395
2,395
2,396
2,396
2,397
0.1%
Fund Borrowings
8,934
9,036
8,167
8,668
8,816
-1.3%
Others
2,895
2,625
1,711
1,792
3,030
4.7%
Total Liabilities
64,832
62,694
67,334
69,417
64,240
-0.9%
Total Equity
6,009
5,713
6,087
6,443
6,718
11.8%
9
Loans Breakdown (bank only)
Consumer
Micro
Commercial
Mortgage
Segment
(Rp bn)
FY ’12
FY ’13
YoY
(%)
Consumer
22,626
28,857
27.5 %
7.0
Micro
4,545
5,353
17.8 %
5.3
Commercial
6,337
6,989
10.3 %
Mortgage
1,721
3,911
127.2 %
Total Gross
Loans
35,229
45,110
28.0 %
50
3.9
45
3.5
2.9
40
2.3
7.0
1.7
6.5
35
0.9
(Rp tr)
30
0.1
25
20
0.2
0.5 0.7
1.2
5.8
6.3
5.3
5.5
5.6
5.1
4.3
4.5
0.1
4.1
4.6 4.4
0.1
3.6
4.2
3.7
3.0 3.1
3.7
2.7 2.9
2.5
2.4
15
10
5.5
18.0
16.0 16.7
18.5 19.2 19.7
21.4 21.8 22.6
24.5
26.7 27.9
28.8
Currency
(Rp bn)
FY ’12
FY ’13
YoY
IDR
34,979
44,867
+28.3%
Forex
250
243
-2.8%
5
0
10
Consumer Loans
Civil Servant Loans (LHS)
Pensioner Loans (LHS)
NPL (RHS)
Key Indicators
FY ‘12
FY ’13
YoY
(%)
Loans Outstanding
22,626
28,857
27.5 %
Net Expansion
(Rp bn)
3,458
6,231
80.2 %
Avg. Loans
Outstanding
(Rp mn)
65
84
28.6 %
No of Account
345,966
343,122
-0.8 %
1.0
35
0.9
30
1.74
1.46
2.02 0.8
1.11
25
0.7
0.80
0.60 0.63
(Rp tr)
0.47
0.44
0.50
0.54
0.5
0.45
(%)
20
0.6
0.56
15
26.8
25.3 26.1
10
15.5 16.3
18.6
17.5 18.0
19.2
20.8 21.2
21.8
0.4
Interest Rate
15.00%-18.48% % eff. p.a
23.4
0.3
0.2
Asset Quality
FY ‘12
FY ’13
YoY
Special Mention
0.20
0.22
+0.02
NPL
0.13
0.12
-0.01
5
0.1
0
0.0
11
Micro Loans
KMU (LHS)
Govt Program (LHS)
KCR (LHS)
NPL (RHS)
Key Ratios
FY ‘12
FY ’13
YoY
(%)
12.0
Loans Outstanding
4,545
5,353
17.8 %
0.7
10.0
Net Expansion
(Rp bn)
1,570
808
-48.5%
1.3
8.0
Avg. Loans
Outstanding
(Rp mn)
54
56
3.5 %
No of Account
83,809
95,354
13.8 %
6.0
0.7 0.7
5.0
0.6
0.6
1.3 1.2
4.0
1.2
1.2
0.6
3.0
0.7 0.6
0.7
1.1
0.6
Interest Rate*
22.0% - 27.0% eff. p.a.
1.1
0.7
2.0
6.0
(%)
(Rp tr)
0.7
0.7
0.7 0.9
1.0
1.1 1.1
4.0
1.1
3.2
3.6 3.6 3.4
2.7
2.3
1.0
1.9
FY ‘12
FY ’13
YoY
Special Mention
12.5
16.8
+4.3
NPL
4.1
11.3
+7.2
2.0
1.4
1.2 1.2
1.0 1.0
Asset Quality
1.1
-
0.0
*Kredit Mikro Utama
12
Commercial Loans
Working Capital (LHS)
Investment (LHS)
Syndicated (LHS)
NPL (RHS)
8.0
7.0
0.8
0.7
5.0
1.0
0.8
0.6
(Rp tr)
0.9
0.8
0.6
4.0
0.6
0.5 0.5 0.6
0.6
0.6
YoY
(%)
Loans Outstanding
6,337
6,989
10.3 %
Net Expansion
(Rp bn)
1,935
652
-66.3%
Avg. Loans
Outstanding
(Rp mn)
585
785
34.1 %
No of Account
10,823
8,899
-17.8 %
11.0
1.3
1.5
1.3
10.0
9.0
1.2
8.0
0.5
0.8
7.0
0.6
0.6
6.0
0.6 0.6
5.0
2.0
3.9
2.6 2.6
12.0
3.0
3.3 3.2
3.0
(%)
6.0
4.8
4.3 4.5
3.9
4.3
4.5
Interest Rate
8% -12% eff. p.a
4.0
3.0
Asset Quality
FY ‘12
FY ’13
YoY
Special Mention
5.3
5.4
+0.1
NPL
7.3
7.4
+0.1
2.0
1.0
-
FY ’13
13.0
1.0 1.0
1.0
FY ‘12
15.0
14.0
3.0
Key Ratios
-
13
Mortgage Loans
Mortgage Loans (LHS)
NPL (RHS)
4,500
15.0
Key Ratios
FY ‘12
FY ’13
YoY
(%)
Loans Outstanding
1,721
3,911
127.2 %
Net Expansion
(Rp bn)
1,268
2,189
72.6%
Avg. Loans
Outstanding
(Rp mn)
260
279
7.6 %
No of Account
6,643
14,024
111.1 %
14.0
3,911
4,000
13.0
3,506
3,500
12.0
11.0
2,916
3,000
10.0
(Rp bn)
9.0
2,500
2,287
8.0
7.0
2,000
1,721
1,500
6.0
5.0
Interest Rate
7.3% - 13.7% eff. p.a.
1,215
4.0
941
1,000
663
453
500
195
91 108 140
-
3.0
Asset Quality
FY ‘12
FY ’13
YoY
Special Mention
5.6
8.9
+3.3
NPL
2.8
3.0
+0.2
2.0
1.0
-
14
Deposit Breakdown (bank only)
Current Account
Savings Account
Time Deposit
60
50
40
26.6
(Rp tr)
28.5 24.3
32.4 30.0
18.6
22.6
23.5 20.0
20
10
19.1
FY ‘12
FY ’13
YoY
(%)
Current Account
14,528
16,361
12.6 %
Saving Account
8,699
11,777
35.4 %
Time Deposit
24,320
18,624
-23.4 %
TOTAL
47,547
46,762
-1.7 %
CASA Ratio (%)
48.9
60.2
+11.3
Currency
(Rp bn)
FY ‘12
FY ’13
YoY
(%)
IDR
47,227
46,269
-2.0%
Forex
320
493
+54.1%
27.0
30
18.9
Deposits
Breakdown
(Rp bn)
20.9
7.6
8.2 11.8
6.3 8.7 7.1
3.8 4.0
4.4
6.0 5.0 6.0
4.7
7.5
12.0 11.7
10.0 10.0 10.8 11.0
18.2 16.4
15.7 14.5 15.5 17.4
0
15
Asset Quality
Credit Provision (LHS)
Absolute NPL (LHS)
Coverage Ratio (RHS)
180
1,400
Gross NPL
(%)
(Bank only)
FY ‘12
FY ’13
YoY
(%)
Write Off
(Rp bn)
Consumer
0.13
0.12
-0.01
2
Micro
4.1
11.3
+7.2
195
Commercial
7.3
7.4
+0.1
73
Mortgage
2.8
3.0
+0.2
-
Total
2.1
2.8
+0.7
270
1,277
160
1,200
1,081
140
1,017
962
896
120
1,000
600
754
701 699 679
728
516
508
534
480
406
400
100
648
587
575
796
786
(%)
(Rp bn)
800
441
603 621
557
80
Gross NPL
3.0
60
(%)
200
20
2.1 2.1
1.2 1.2
1.0
0.3
2.3
2.5
1.7
1.5
0.5
0
2.8
2.6
2.0 1.8
40
-
2.2 2.3
2.5
324 334
Net NPL
0.5
0.7 0.8
0.4
1.4
0.6 0.5 0.5 0.7 0.6 0.6 0.6
0.2
0.0
16
Special Mention Loans
Consumer (LHS)
Micro (LHS)
Mortgage (LHS)
1,800
Consumer
Commercial (LHS)
% to Loans (RHS)
100%
4.5
1
2
Micro
2
4
Commercial
2
5
294 347
254
1,600
304 323
378
3.0
96 420
1,000
2.5
44
800
600
7
3
7 15
790
224
138
247 278
9971,011
900
1.5
1.0
190 113
159
147 195
-
2.0
339
9 438 365
400
200
60 516
524 570
332 344
95
21 33 25 28 19 37 37 51 46 67 63 54 64
0.5
-
Special Mention Contribution (%)
3.5
88
9
70%
14 16
17
21
28
80%
Special Mention/Total Loans (%)
Absolute Special Mention Loans (Rp bn)
210
1,200
7
90%
4.0
1,400
7
Mortgage
54
42
46 46
19
32
28
44
51 45
19
22
60%
50%
40%
61
30%
37
42 47
54 53
52
39
62 60
53
43 44
20%
10%
8
0%
9
6
7
4
4
5
4
4
4
4
3
4
17
Non Performing Loans
Consumer (LHS)
Micro (LHS)
Commercial (LHS)
Mortgage (LHS)
% to Loans (RHS)
Consumer
100%
3.0
1,400
2
2
Commercial
2
0
4
Mortgage
1
6
7
9
9
10
9
90%
119
1,200
2
Micro
2.5
80%
87
517
2.0
68
800
48
454
11
1.5
467
10
600
32
10
408
5
400
9
455
12
200
-
320
297
2
409
1.0
464
495
211
378
79
78
73
65
51
49
42
40
64
40%
30%
10%
-
53
50%
0%
31
24
0.5
289
201 186
149
137
114
98
78
58 75
19 22 24 24 23 22 22 27 29 30 29 31 34
79
20%
484
196
60%
63
34
607
277
59
70%
NPL Contribution (%)
1,000
Net Performing Loan/Total Loans (%)
Absolute Net Performing Loans (Rp bn)
112
14
15
17
5
4
4
36
7
39
4
3
48
3
3
26
22
3
36
45
7
5
5
4
18
Yield Analysis
Others
Placement to
1%
Bank
Indonesia
8%
Interbank
Placement
3%
Loans
70%
Marketable
Securities
18%
Savings
Account
21%
Current
Account
29%
Time Deposit
33%
Bonds
4%
Interbank
Lending
9%
Asset Yield
FY ‘12
FY ’13
Placement to Bank
Indonesia
4.1
4.2
Interbank Placement
3.3
3.3
Securities
4.6
5.5
Loans Yield
17.7
16.4
Others
0.3
0.5
Cost of Fund
FY ‘12
FY ’13
Interbank Liabilities
3.9
5.0
Securities
10.8
11.8
Deposits From Customers
5.1
4.7
Current Account
2.2
2.2
Time Deposit
6.8
7.0
Savings Account
2.1
1.9
Loans received
0.1
0.0
19
Customer Based
Strong Customer Based on Consumer Loans
Consumer
100%
Commercial
Mortgage
Government
0.2 0.2 0.2 0.2 0.4 0.6 0.9 1.1 1.5 1.9
2.3 2.7 3.0
3.1 2.8 2.8 2.8 2.4 2.2 2.6 2.6 2.4 2.0 2.2
2.1 1.9
12.3 12.9 13.7 14.6 14.8 15.2
19.9 20.7 20.8 20.7
80%
70%
70%
60%
50%
84.5 84.1 83.2 82.3 82.4 82.0
Retail
90%
16.3 17.6 18.7
80%
40%
Corporate
100%
80.2 78.7 77.4
76.2 74.8 74.3 74.4
Funding Proportion (%)
Lending Proportion (%)
90%
Micro
Fast Growing Retail Funding
60%
85.7 85.1 85.6 85.3 83.7 85.0 84.4 84.1 84.3 84.5 84.3 86.6
92.0
50%
40%
30%
30%
20%
20%
10%
10% 13.1 13.4 13.3 13.7
15.3 13.7 14.4 14.7 14.5 14.4 14.8
12.6
1.2 1.5 1.1 1.1 1.0 1.3 1.2 1.2 1.2 1.2 0.9 0.8 7.6
0.4
0%
0%
20
Capital Adequacy
Risk Weighted
Asset (RWA)
FY ‘12
Total RWA
25,244
32,351
28.2 %
Credit Risk
19,512
24,933
27.8 %
FY ’13
YoY (%)
Operational Risk
5,191
6,254
20.5 %
Market Risk
541
1,165
115.1 %
RWA/Total Asset
37.7%
48.5%
10.8%
tier-1
4,650
5,350
15.1 %
tier -2
(78)
(10)
-87.2 %
Total Capital
4,572
5,340
16.8 %
Tier-1 CAR
18.4%
16.5%
-1.9%
Total CAR
18.1%
16.5%
-1.6%
•
Total CAR at 16.5% (-160bps YoY/ +8bps QoQ)
•
Total tier-1 capital at Rp5.3tr (BUKU 3 category).
CAR Analysis
Addition to
Net Impact
Risk
RWA/
to CAR
Weighting Rp1tr Net
(%)
Expansion
Consumer Loans
50%
Rp.500bn
0.25
Micro Loans
75%
Rp.750bn
0.37
Commercial Loans
100%
Rp.1tr
0.49
Mortgage Loans
40%
Rp.400bn
0.20
21
Consumer Loan Details
22
Consumer Loans Performance
Growth
• Overall Consumer Loans at 28.9 tr (+27.5% YoY/ +3.5% QoQ)
• Net Expansion of +Rp6.2tr YoY/ +Rp985bn QoQ
• Consumer Loans portfolio contribution total loans at 64.0%
( -25bps YoY/ +43bps QoQ)
Quality
•
•
•
•
Overall NPL at 0.12 % (-1bps YoY/ 0bps QoQ)
Absolute NPL at Rp 33.7bn (+4.4bn YoY/ +2.4bn QoQ)
Special Mention Loans at 0.22% (+2bps YoY/ +3bps QoQ)
Absolute Special Mention Loans at Rp 63.7bn (+18.1bn YoY / +9.8bn QoQ)
23
Consumer Loans
Civil Servant Loans (LHS)
Pensioner Loans (LHS)
NPL (RHS)
35
1.0
Key
Indicators
FY’12
FY ‘13
YoY
(%)
Loans Outstanding
22,626
28,857
27.5 %
Net Expansion
(Rp bn)
3,458
6,231
80.2%
Avg. Loans
Outstanding
(Rp mn)
65
84
28.6 %
No of Account
345,966
343,122
-0.8 %
0.9
30
1.46
1.742.02 0.8
1.11
25
0.7
0.80
0.600.63
0.470.50
0.44
0.54
0.56
0.5
0.45
15
10
15.516.3
0.12
20.821.221.8
0.4
0.13
0.13
0.13
0.11
0.12
0.10
0.12
0.13
Median Interest
Rate
15.00%-18.45% % eff. p.a
0.3
0.2
0.13
5
0
17.5
19.2
18.018.6
23.4
26.8
25.326.1
(%)
(Rp tr)
20
0.6
0.11
0.11
0.12
Asset
Quality
FY’12
FY‘13
YoY
Special
Mention
0.20
0.22
+0.02
NPL
0.13
0.12
-0.01
0.1
0.0
24
Civil Servant Loans
Civil Servant Loans (LHS)
NPL (RHS)
0.5
30
26.8
Key
Indicators
Dec ’12
Dec ‘13
YoY
(%)
Loans Outstanding
21,829
26,839
23.0 %
Net Expansion
(Rp bn)
3,196
5,010
56.8%
Avg. Loans
Outstanding
(Rp mn)
67
85
28.1 %
No of Account
327,671
314,504
-4.0 %
25.3
26.1
25
0.4
21.8 23.4
20.8
20
17.5
19.2
0.3
18.0
15.5
(%)
(Rp tr)
21.2
18.6
16.3
15
0.2
Median Interest
Rate
10
0.13
0.12
0.11
0.13
5
0
0.13
0.11
0.12
0.11
0.10
0.13
0.12
0.12
15.00%-18.45% % eff. p.a
0.11
0.1
0.0
Asset
Quality
Dec ’12
Dec ‘13
YoY
Special
Mention
0.18
0.21
+0.03
NPL
0.13
0.12
-0.01
25
Pensioner Loans
Pensioner Loans (LHS)
NPL (RHS)
1.5
2,500
1.3
Key
Indicators
FY’12
FY‘13
YoY
(%)
Loans
Outstanding
797
2,018
153.2 %
Net Expansion
(Rp bn)
261
1,221
367.8%
Avg. Loans
Outstanding
(Rp mn)
44
71
61.9 %
No of Account
18,295
28,618
56.4 %
2,018
2,000
1,743
(Rp bn)
0.7
1,109
1,000
0.5
797
536 564
471 497
500 439 452
0.11
0.10
0.12
0
0.10
601 633
Median Interest
Rate
15.00%-18.45% % eff. p.a
0.3
0.20
0.10
0.10
(%)
0.9
1,464
1,500
1.1
0.11
0.11
0.09
0.15
0.08
0.12
0.1
-0.1
Asset
Quality
FY’12
FY‘13
YoY
Special
Mention
0.74
0.40
-0.34
NPL
0.15
0.12
-0.03
26
Special Mention Loans
Pensioner Loans (LHS)
Civil Servant Loans (LHS)
Civil Servant Loans
Pensioner Loans
Special Mention Loans (RHS)
100%
0.5
80
4.3 3.6 3.6
7.5 5.9 5.0 7.2
95.7 96.4 96.4
92.5 91.4 95.3 92.6
10.8 12.9 8.3 10.3 10.5 12.8
90%
70
8.1
5.7
50
0.3
5.5
5.9
40
0.3
1.8 2.7
0.2
1.2 1.2
30
0.2
0.2 0.2
0.2
1.9
20
0.2
0.2
0.2
0.2
0.2
0.9
0.1
Special Mention Laons Contribution (%)
6.5
Special Mention Loans (%)
Absolute Special Mention Loans (Rp bn)
60
80%
0.4
5.6
70%
60%
50%
89.2 87.1 91.7 89.7 89.5 87.2
40%
30%
0.1 1.1
0.1
20%
0.1
10
10%
19.9 31.6 31.6 23.2 17.2 35.0 34.7 45.3 39.8 61.3 56.2 48.3 55.6
0
-
0%
27
Non Performing Loans
Civil Servant Loans (LHS)
Pensioner Loans (LHS)
Civil Servant Loans (LHS)
NPL (RHS)
100%
0.5
40
Pensioner Loans (LHS)
2.7 2.3 2.3 2.1 2.3 2.6 2.9 4.5 4.1 4.1 3.9 5.2
7.2
90%
35
80%
2.4
1.2
1.3
1.6
70%
1.1
25
0.3
0.5
0.5 0.6 0.7
0.5 0.5
20
NPL (%)
Absolute NPL (Rp bn)
1.2
0.5
15
26.2
28.1 29.0 28.1
29.7
31.3 0.2
NPL Contribution (%)
30
0.4
60%
97.9
97.7 97.7
50%
97.3
91.5 96.7
95.5
96.1
95.9
95.9
96.1
94.8 92.8
40%
30%
23.2
10
21.1 21.1
21.1 21.1 21.3
18.7 0.1 0.1 0.1
0.1 0.1 0.1
0.1
0.1
0.1 0.1
0.1
0.1 0.1
0.1
5
0
20%
10%
0.0
0%
28
Strong Retail Funding & Number of Account Growth
29
Saving Accounts & NoA Growth on Retail Funding
Time Deposit
Current Account
Savings Account
No of Accounts
5.0
16
4.6
0.5
14
4.5
Key Ratios
FY’12
FY’13
YoY
(%)
Total Outstanding
11,517
14,671
27.4 %
Funding Contribution
(%)
24.2
31.4
7.2
Net Expansion
2,177
3,154
44.8 %
No of Account
1,717,477
4,618,788
-
CASA Ratio
66.1
72.4
6.3
4.0
12
0.5
0.2
10
0.2
0.2 0.4
0.3
0.4
0.4
0.3
3.7
0.4
3.5
0.2 0.2
(Rp tr)
2.7
10.2
2.4
8
7.2
6
3.0
2.1 7.5
6.9
7.5
7.4
2.0
1.9
6.6
1.9 6.8
6.5 1.8 1.9 7.0
1.7 1.7 1.8 6.6
7.9 8.1
2.5
2.0
Time
Deposit
27.6
Current
Account
3.1
1.5
4
1.0
2
0
3.9
4.1
3.4 3.1 3.0 3.5 3.1 3.2 3.2 3.3 3.6 3.7 3.7
0.5
0.0
Savings
Account
69.3
30
Good Cooperation With The Government
Retail Savings at the end of December 2013 amounted to Rp10,1 trillion, increased Rp3.0
trillion (YoY) due to the savings strategy undertaken included cooperation with Government
in raising deposits such as :
Cooperation
with
the
Ministry
of
Education
and
Culture
for distribution of Poor Students Aid Fund (BSM) for Fiscal Year 2013 to 2.4 million
poor students in West Java and Banten with managed portfolio Rp1.14 trillion.
Cooperation with Provincial Education Department of West Java and Banten
for distribution of Teacher Certification Funds and School Operational Assistance Fund
(BOS)
Programs
Funds Realization on 2013 (Rp full amount)
Poor Students Aid Fund (BSM)
438,711,670,000
School Operational Assistance Fund (BOS)
408,105,202,500
Teacher Certification Funds
1,497,343,462,457
31
Sharia Business Performance
FY13 bank bjb Sharia
32
Result Summary
Income
Statement
Balance
Sheet
Ratios
(bank only)
• Net Financing Income at Rp 265bn (+26.9% YoY)
• Operating Expenses at Rp 232bn (-4.8% YoY)
• Net Income at Rp 28bn (+255.8% YoY)
• Total Financing at Rp 3.6tr (+21.5% YoY)
• Total Deposit at Rp 3.1tr (+5.0% YoY)
• Total Asset at Rp 4.7tr (+10.7% YoY)
•
•
•
•
NOM at 6.6% (-76bps YoY)
ROA at 0.9% (+150bps YoY)
ROE at 4.7% (+791bps YoY)
NPF Gross at 1.9% (-260bps YoY)
33
Key Ratios
Key Ratios (%)
FY ‘12
FY ’13
YoY
CAR
21.1
18.0
-3.1
NPF Gross
4.5
1.9
-2.6
NPF Nett
1.0
1.2
+0.2
ROA
-0.6
0.9
+1.5
ROE
-3.3
4.7
+8.0
NOM
7.4
6.6
-0.8
Expense Ratio (BoPo)
110.3
85.8
-24.5
FDR
88.0
97.4
+9.4
34
Income Statement
Income Statement
(Rp mn)
FY ‘12
FY ’13
YoY
(%)
Financing Income
358,614
508,023
41.7%
Financing Expense
(150,124)
(243,452)
62.2%
Net Financing Income
208,490
264,571
26.9%
Other Operating Income
12,308
8,608
-30.1%
Operating Expense
(243,622)
(232,041)
-4.8%
Operating Income
(22,824)
41,138
+280.2%
Non Operating Income (Expense)
4,644
(568)
-112.2%
Income Before Tax
(18,180)
40,570
+323.2%
Tax Expense
-
(12,254)
-
Net Income
(18,180)
28,316
+255.8%
35
Balance Sheet
Balance Sheet Highlight
(Rp mn)
FY ‘12
FY ’13
YoY
(%)
Cash
21,343
26,882
26.0%
Current Account with Bank Indonesia
142,262
129,494
-9.0%
Secondary Reserves
1,047,756
771,749
-26.3%
Financing-net
2,833,959
3,531,665
24.6%
Fixed Asset-net
141,149
160,886
14.0%
Other Asset
52,980
74,413
40.5%
Total Asset
4,239,449
4,695,088
10.7%
Total Third Party Fund
2,975,062
3,122,446
5.0%
Fund Borrowings
589,030
851,600
44.6%
Others
75,915
93,284
22.9%
Total Liabilities
3,640,007
4,067,330
11.7%
Total Equity
599,442
627,788
4.7%
36
Sharia Performance
Total Financing
Financing
(Rp mn)
FY ‘12
FY ’13
YoY
(%)
Murabahah – (Trading)
1,371,920
2,144,893
56.3%
3.6
Ijarah
13,795
6,486
-53.0%
3.1 3.1
Financing
1,095,839
1,278,849
16.7%
Qardh – (Bridging)
470,770
157,914
-66.5%
Isthisna – (Pawning)
5,997
5,618
-6.3%
Total Gross Financing
2,958,321
3,593,760
21.5%
Funding
(Rp mn)
FY ‘12
FY ’13
YoY
(%)
Wadiah Current Account
210,876
245,489
16.4%
Wadiah Savings Account
83,774
101,051
20.6%
Mudharabah Savings
Account
317,431
405,104
27.6%
Mudharabah Time Deposit
2,362,981
2,370,802
0.3%
Total Funding
2,975,062
3,122,446
5.0%
Total Funding
4.0
3.6
3.5
3.53.7
3.4
3.0
3.1
3.0
3.0
2.5
2.3 2.2
2.4
(Rp tr)
2.2
2.0
1.7
1.5
1.0
0.5
0.0
1.4
1.6
1.31.6 1.6 1.6
1.1
2.0
2.1
1.8 1.8
37
Company Profile
bank bjb
38
Ownership
West Java Provincial Government
Ownership Structure
FY12
FY13
Founder (A Series)
75.00
75.00
West Java Provincial Government
38,26
38,26
West Java Municipal
Governments
23,61
23,61
Banten Provincial Government
5,37
5,37
Banten Municipal Governments
7,76
7,76
Public (B Series)
25,00
25,00
Local Retail
5,48
4,15
Local Institution
12,24
6,06
Foreign Retail
0,03
0,01
Foreign Institution
7,25
14,78
West Java Municipal Government
Banten Provincial Government
Banten Municipal Government
Public (B Series)
25
38.26
7.76
23.61
5.37
39
Road Map
A Strong Sustainable Growth and Profitable National Bank
2011-2012
2013-2014
2015
Building/Establishment
New Infrastructures
Leading in Service
As One of the Big Banks
A National Bank
Leading in Service and
Performance
Strategy
Developing HR
Competence, IT
Infrastructure,
and organization for :
o Micro & SME
Financing
o Consumer &
Commercial Banking
o Treasury &
International
Strategy
Matching the 10 Biggest
Banks in areas :
o HR competence/ IT
o Services
o Bank bjb `incorporated`
Strategy
Leading in Service and
Performance National Bank
40
Distribution Network
Others
Deposits 2.0 Tr
Loans 1.9 Tr
Micro Loans 250.5
bn
Profit 13.7 bn
51,885 Customers
12 Branch Offices
12 Sub Branch
Offices
4 Cash Offices
77 ATM Unit
25 Waroeng bjb
397 Employees
Total bjb
employees
6,404
Total bjb
customers
5,022,071
Jakarta
Deposits 6.4 Tr
Loans 4.6 Tr
Micro Loans 157 bn
Loss 48.5 bn
65,024 Customers
9 Branch Offices
62 Sub Branches
7 Cash Offices
1 Payment Point
113 ATM Unit
31 Waroeng bjb
616 Employees
Banten
Deposits 8.9 Tr
Loans 6.3 Tr
Micro Loans 623 bn
Profit 623 bn
861,365Customers
8 Branch Offices
42 Sub Branches
34 Cash Offices
14 Payment Point
192 ATM Unit
100 Waroeng bjb
758 Employees
West Java
Deposits 29.4 Tr
Loans 32.3 Tr
Micro Loans 4.3 Tr
Profit West Java 3.1 tr
Loss Head Oficce 1.9 tr
4,043,797 Customers
32 Branch Offices
188 Sub Branch
221 Cash Offices
92 Payment Point
757 ATM Unit
354 Waroeng bjb
4,624 Employees
41
Branch Network Details
No
bjb Network
FY ‘12
FY ’13
YoY
1
Branch
56
62
6
2
Sub Branch
228
304
76
3
Cash Offices
140
266
126
4
Payment Point
101
107
6
5
ATM
743
1,139
396
6
Waroeng bjb (A,B & C)
207
510
303
7
Layanan bjb Precious
11
11
-
8
MSME Center
6
6
-
9
Mobile Cash
7
11
4
10
Weekend Banking
12
22
10
11
Forex Branches
25
47
22
Total
1,536
2,485
949
42
Human Capital
Level
FY ‘12
FY ’13
YoY
Board of Commissioners
6
5
-1
Directors
6
4
-2
Top Management
28
35
7
Middle Management
206
211
5
First Line Management
1,237
1,447
210
Staff
3,403
4,701
1,298
Employee in Pension
Preparation
7
1
-6
Total Permanent
4,893
6,404
1,511
Educational Breakdown
Up to High School
Up to Bachelor Degree
Masters and Doctorate
Up to
Bachelor
Degree
95.6%
Masters
and
Doctorate
4.0%
Up to High
School
0.5%
Age Breakdown
18 - 30
Micro
3,162
2,294
-868
Others
2,917
3,515
598
Total Non Permanent
6,079
5,809
-270
31 - 40
41 - 50
> 50
31 - 40
13.8%
41 - 50
7.1%
Total
10,972
12,213
1,241
18 - 30
78.1%
> 50
1.0%
43
2013 Awards
Indonesia Banking Awards –
Best Performance Banking 2013 for Bank
Category BUKU III
Indonesian Bank Loyalty Award –
The Best of Indonesian Bank Loyalty Champion
Jamsostek Regional Strategic Partner Awards
2013
Infobank Awards – Financial Performance
“Very Good” 2003 - 2012
Corruption Eradication Commission Awards–
Most Reported Gratification 2013
Service Excellent Awards –
Best Service Excellent for Conventional
Bank With Assets Under Rp 150 Trillion
44
Share Price Performance
Volume (RHS)
1600
Investor Relations Group
Menara bank bjb
7th Floor
Jl. Naripan 12 – 14
Bandung 40111
+6222 4234868
ext 7140/7141
ir@bankbjb.co.id
Price (LHS)
250
1500
1400
200
Contact Person:
Muhammad As’adi Budiman
Group Head
mbudiman@bankbjb.co.id
1300
150
Million Shares
Rp/share
1200
1100
1000
100
900
800
50
700
600
Source: Bloomberg
0
Irwan Riswandi
Manager
iriswandi@bankbjb.co.id
Ari Budiman
Officer
abudiman@bankbjb.co.id
Anjas Septa Lesmana
Officer
aslesmana@bankbjb.co.id
Simon Sihol Panggabean
Staff
spanggabean@bankbjb.co.id
Gilat Wijie Priyantama
Staff
gpriyantama@bankbjb.co.id
45
Menara bank bjb
Jl. Naripan 12 – 14
7th Floor
Bandung 40111
Telp. +6222 4234868
bank bjb
FY13 Analyst Meeting
Table of Content
Pg. 5
Result Summary
Pg. 10
Loans Breakdown
Pg. 15
Deposit Breakdown
Pg. 16
Asset Quality
Pg. 19
Yield Analysis
Pg. 23
Consumer Loans Performance
Pg. 29
Strong Retail Funding & Number of Account Growth
Pg. 32
Subsidiaries Performance
Pg. 38
Company Profile
2
Macroeconomic
Bank Indonesia Rate Increased 175 bps To 7.50%
GDP Growth
Consumer Confident Trends Remain Stable
BI Rate
Consumer Confidence Index
12
140
10
Index (points)
120
6
4
80
60
40
2
20
0
0
Source: Bloomberg
Source: Bloomberg
Higher Inflation on New Subsidized Fuel Price
CPI
Global Influence on Weaker Bond Market and IDR
1M JIBOR
USDIDR
14
12
8
6
4
2
0
Source: Bloomberg
USD IDR
10
(%)
100
13000
12000
11000
10000
9000
8000
7000
6000
10Yr Govt Bond
25
20
15
10
5
0
Source: Bloomberg
3
Yield (%)
(%)
8
Banking Sector
YoY Growth (%)
40.0
Loans Growth
Deposit Growth
35.0
As of Des‘13, banking sector data shows:
30.0
• Loans +21.6%YoY to Rp 3,292tr (Investment loans
25.0
+34.95% YoY, working capital +20.43%, consumer
20.0
15.0
loans +13.67%)
10.0
• Deposit +13.6% YoY to Rp 3,663tr (CASA +11.69%
YoY, Time Deposit +16.16% YoY, CASA Ratio 56.21%)
5.0
• NPL -10bps YoY to 1.87%
-
• ROA -3bps YoY to 3.08%
Source: Bank Indonesia
Investment Loans
WC Loans
Consumer Loans
YoY Growth (%)
60.0
Des ’12
Des ’13
YoY (%)
50.0
Total Loans
2,707
3,292
21.60
40.0
Total
Deposit
3,225
3,663
13.60
20.0
LDR
83.94
89.87
+5.93
10.0
NPL
1.87
1.77
-0.10
ROA
3.11
3.08
-0.03
30.0
-
Source: Bank Indonesia
4
Result Summary
Income
Statement
•
•
•
•
Net Interest Income at Rp 4.8tr (+30.8% YoY/ +2.5% QoQ)
PPOP at Rp 2.2tr (+27.7% YoY/ -14.9% QoQ)
LLP at Rp 616bn (+52.7% YoY/ +72.0% QoQ)
Net Income at Rp 1.37tr (+15.3% YoY/ -19.7% QoQ)
Balance
Sheet
•
•
•
•
Total Loans at Rp 45.3tr (+28.1% YoY/ +2.8% QoQ)
Total Financing at Rp 3.6tr (+21.5% YoY/ -3.5% QoQ)
Total Deposit at Rp 49.9tr (-1.2% YoY/ -11.6% QoQ)
Total Asset at Rp 70.9tr (+0.2% YoY/ -6.5% QoQ)
Ratios
(bank only)
•
•
•
•
NIM at 8.0% (+120bps YoY/ -9bps QoQ)
ROA (Net) at 2.1% (+11bps YoY/ -10bps QoQ)
ROE (Net) at 22.2% (+91bps YoY/ -128bps QoQ)
NPL (Gross) at 2.8% (+77bps YoY/ +37bps QoQ)
5
Target vs. Realization
(%)
Target
1Q13
2Q13
3Q13
FY13
Loans Growth
25% - 28%
36.0
33.7
34.3
28.1
Deposit Growth
18% - 22%
-5.1
10.6
7.3
-1.2
ROA (net)
1.8% - 2.0%
2.4
2.2
2.2
2.1
ROE (net)
20% - 22%
24.2
24.3
23.5
22.2
NIM
6.8% - 7.2%
8.2
8.2
8.0
8.0
Cost of Fund
5.0% - 5.5%
4.6
4.6
4.8
4.9
Cost to Income
Ratio
51% - 54%
55.0
54.7
55.6
56.1
Gross NPL
1.5% - 2.0%
2.1
2.3
2.5
2.8
Credit Cost
1.0% - 1.4%
1.2
1.3
1.2
1.3
CASA Ratio
40% - 45%
50.0
48.5
49.3
60.2
6
Key Ratios (bank only)
Key Ratios
FY12
1Q13
2Q13
3Q13
FY13
ROA (net)
1.9
2.4
2.2
2.2
2.1
ROE (net)
21.3
24.2
24.3
23.5
22.2
Cost to Income Ratio
56.5
55.0
54.7
55.6
56.1
Expenses Ratio
80.0
74.4
75.9
77.0
79.4
Asset Yield
12.0
12.8
12.7
12.8
12.9
Cost of Fund
5.2
4.6
4.6
4.8
4.9
NIM
6.8
8.2
8.2
8.0
8.0
LDR
74.1
83.2
80.8
82.2
96.5
Special Mention Loans
3.0
3.9
3.9
3.8
3.7
Gross NPL
2.1
2.1
2.3
2.5
2.8
Net NPL
0.5
0.7
0.6
0.6
0.6
Coverage Ratio
82.9
78.1
81.8
82.9
79.7
Provision/Total Loans
1.7
1.6
1.9
2.0
2.3
Credit Cost
1.2
1.2
1.3
1.2
1.3
CAR
18.1
17.2
16.4
16.4
16.5
Profitability
Cost Ratios
Yield
Asset Quality
Capital
7
Income Statement
Income Statement
(Rp bn)
FY12
FY13
YoY
(%)
Interest Income
6,796
8,133
19.7%
Interest Expense
(3,140)
(3,351)
6.7%
Net Interest Income
3,655
4,782
30.8%
Fee Based Income
247
293
18.6%
Operating Expense
(2,164)
(2,815)
30.1%
Gain (Loss) on Financial Statement
15
(22)
-
PPOP
1,753
2,238
27.7%
Loan Loss Provision
(404)
(616)
52.7%
Non Operating Income
163
131
-19.6%
PBT
1,512
1,753
15.9%
Tax Expense
(319)
(376)
17.9%
Net Income
1,193
1,376
15.3%
8
Balance Sheet
Balance Sheet
(Rp bn)
FY12
1Q13
2Q13
3Q13
FY13
YoY
(%)
Cash
1,795
1,570
1,684
1,768
2,595
44.6%
Current Account with
Bank Indonesia
4,666
3,659
4,127
4,249
4,454
-4.5%
Secondary Reserves
24,075
19,887
19,926
19,740
13,135
-45.4%
Loans – net
34,769
37,198
41,046
43,154
44,289
17.6%
Financing – net
2,834
2,965
3,295
3,626
3,532
24.6%
Fixed Asset - net
735
1,002
1,010
1,006
699
-4.9%
Other Asset
1,967
2,126
2,333
2,316
2,254
14.6%
Total Asset
70,841
68,407
73,421
75,860
70,958
0.2%
Total Third Party Fund
50,608
48,638
55,060
56,560
49,997
-1.2%
Marketable Securities
Issued
2,395
2,395
2,396
2,396
2,397
0.1%
Fund Borrowings
8,934
9,036
8,167
8,668
8,816
-1.3%
Others
2,895
2,625
1,711
1,792
3,030
4.7%
Total Liabilities
64,832
62,694
67,334
69,417
64,240
-0.9%
Total Equity
6,009
5,713
6,087
6,443
6,718
11.8%
9
Loans Breakdown (bank only)
Consumer
Micro
Commercial
Mortgage
Segment
(Rp bn)
FY ’12
FY ’13
YoY
(%)
Consumer
22,626
28,857
27.5 %
7.0
Micro
4,545
5,353
17.8 %
5.3
Commercial
6,337
6,989
10.3 %
Mortgage
1,721
3,911
127.2 %
Total Gross
Loans
35,229
45,110
28.0 %
50
3.9
45
3.5
2.9
40
2.3
7.0
1.7
6.5
35
0.9
(Rp tr)
30
0.1
25
20
0.2
0.5 0.7
1.2
5.8
6.3
5.3
5.5
5.6
5.1
4.3
4.5
0.1
4.1
4.6 4.4
0.1
3.6
4.2
3.7
3.0 3.1
3.7
2.7 2.9
2.5
2.4
15
10
5.5
18.0
16.0 16.7
18.5 19.2 19.7
21.4 21.8 22.6
24.5
26.7 27.9
28.8
Currency
(Rp bn)
FY ’12
FY ’13
YoY
IDR
34,979
44,867
+28.3%
Forex
250
243
-2.8%
5
0
10
Consumer Loans
Civil Servant Loans (LHS)
Pensioner Loans (LHS)
NPL (RHS)
Key Indicators
FY ‘12
FY ’13
YoY
(%)
Loans Outstanding
22,626
28,857
27.5 %
Net Expansion
(Rp bn)
3,458
6,231
80.2 %
Avg. Loans
Outstanding
(Rp mn)
65
84
28.6 %
No of Account
345,966
343,122
-0.8 %
1.0
35
0.9
30
1.74
1.46
2.02 0.8
1.11
25
0.7
0.80
0.60 0.63
(Rp tr)
0.47
0.44
0.50
0.54
0.5
0.45
(%)
20
0.6
0.56
15
26.8
25.3 26.1
10
15.5 16.3
18.6
17.5 18.0
19.2
20.8 21.2
21.8
0.4
Interest Rate
15.00%-18.48% % eff. p.a
23.4
0.3
0.2
Asset Quality
FY ‘12
FY ’13
YoY
Special Mention
0.20
0.22
+0.02
NPL
0.13
0.12
-0.01
5
0.1
0
0.0
11
Micro Loans
KMU (LHS)
Govt Program (LHS)
KCR (LHS)
NPL (RHS)
Key Ratios
FY ‘12
FY ’13
YoY
(%)
12.0
Loans Outstanding
4,545
5,353
17.8 %
0.7
10.0
Net Expansion
(Rp bn)
1,570
808
-48.5%
1.3
8.0
Avg. Loans
Outstanding
(Rp mn)
54
56
3.5 %
No of Account
83,809
95,354
13.8 %
6.0
0.7 0.7
5.0
0.6
0.6
1.3 1.2
4.0
1.2
1.2
0.6
3.0
0.7 0.6
0.7
1.1
0.6
Interest Rate*
22.0% - 27.0% eff. p.a.
1.1
0.7
2.0
6.0
(%)
(Rp tr)
0.7
0.7
0.7 0.9
1.0
1.1 1.1
4.0
1.1
3.2
3.6 3.6 3.4
2.7
2.3
1.0
1.9
FY ‘12
FY ’13
YoY
Special Mention
12.5
16.8
+4.3
NPL
4.1
11.3
+7.2
2.0
1.4
1.2 1.2
1.0 1.0
Asset Quality
1.1
-
0.0
*Kredit Mikro Utama
12
Commercial Loans
Working Capital (LHS)
Investment (LHS)
Syndicated (LHS)
NPL (RHS)
8.0
7.0
0.8
0.7
5.0
1.0
0.8
0.6
(Rp tr)
0.9
0.8
0.6
4.0
0.6
0.5 0.5 0.6
0.6
0.6
YoY
(%)
Loans Outstanding
6,337
6,989
10.3 %
Net Expansion
(Rp bn)
1,935
652
-66.3%
Avg. Loans
Outstanding
(Rp mn)
585
785
34.1 %
No of Account
10,823
8,899
-17.8 %
11.0
1.3
1.5
1.3
10.0
9.0
1.2
8.0
0.5
0.8
7.0
0.6
0.6
6.0
0.6 0.6
5.0
2.0
3.9
2.6 2.6
12.0
3.0
3.3 3.2
3.0
(%)
6.0
4.8
4.3 4.5
3.9
4.3
4.5
Interest Rate
8% -12% eff. p.a
4.0
3.0
Asset Quality
FY ‘12
FY ’13
YoY
Special Mention
5.3
5.4
+0.1
NPL
7.3
7.4
+0.1
2.0
1.0
-
FY ’13
13.0
1.0 1.0
1.0
FY ‘12
15.0
14.0
3.0
Key Ratios
-
13
Mortgage Loans
Mortgage Loans (LHS)
NPL (RHS)
4,500
15.0
Key Ratios
FY ‘12
FY ’13
YoY
(%)
Loans Outstanding
1,721
3,911
127.2 %
Net Expansion
(Rp bn)
1,268
2,189
72.6%
Avg. Loans
Outstanding
(Rp mn)
260
279
7.6 %
No of Account
6,643
14,024
111.1 %
14.0
3,911
4,000
13.0
3,506
3,500
12.0
11.0
2,916
3,000
10.0
(Rp bn)
9.0
2,500
2,287
8.0
7.0
2,000
1,721
1,500
6.0
5.0
Interest Rate
7.3% - 13.7% eff. p.a.
1,215
4.0
941
1,000
663
453
500
195
91 108 140
-
3.0
Asset Quality
FY ‘12
FY ’13
YoY
Special Mention
5.6
8.9
+3.3
NPL
2.8
3.0
+0.2
2.0
1.0
-
14
Deposit Breakdown (bank only)
Current Account
Savings Account
Time Deposit
60
50
40
26.6
(Rp tr)
28.5 24.3
32.4 30.0
18.6
22.6
23.5 20.0
20
10
19.1
FY ‘12
FY ’13
YoY
(%)
Current Account
14,528
16,361
12.6 %
Saving Account
8,699
11,777
35.4 %
Time Deposit
24,320
18,624
-23.4 %
TOTAL
47,547
46,762
-1.7 %
CASA Ratio (%)
48.9
60.2
+11.3
Currency
(Rp bn)
FY ‘12
FY ’13
YoY
(%)
IDR
47,227
46,269
-2.0%
Forex
320
493
+54.1%
27.0
30
18.9
Deposits
Breakdown
(Rp bn)
20.9
7.6
8.2 11.8
6.3 8.7 7.1
3.8 4.0
4.4
6.0 5.0 6.0
4.7
7.5
12.0 11.7
10.0 10.0 10.8 11.0
18.2 16.4
15.7 14.5 15.5 17.4
0
15
Asset Quality
Credit Provision (LHS)
Absolute NPL (LHS)
Coverage Ratio (RHS)
180
1,400
Gross NPL
(%)
(Bank only)
FY ‘12
FY ’13
YoY
(%)
Write Off
(Rp bn)
Consumer
0.13
0.12
-0.01
2
Micro
4.1
11.3
+7.2
195
Commercial
7.3
7.4
+0.1
73
Mortgage
2.8
3.0
+0.2
-
Total
2.1
2.8
+0.7
270
1,277
160
1,200
1,081
140
1,017
962
896
120
1,000
600
754
701 699 679
728
516
508
534
480
406
400
100
648
587
575
796
786
(%)
(Rp bn)
800
441
603 621
557
80
Gross NPL
3.0
60
(%)
200
20
2.1 2.1
1.2 1.2
1.0
0.3
2.3
2.5
1.7
1.5
0.5
0
2.8
2.6
2.0 1.8
40
-
2.2 2.3
2.5
324 334
Net NPL
0.5
0.7 0.8
0.4
1.4
0.6 0.5 0.5 0.7 0.6 0.6 0.6
0.2
0.0
16
Special Mention Loans
Consumer (LHS)
Micro (LHS)
Mortgage (LHS)
1,800
Consumer
Commercial (LHS)
% to Loans (RHS)
100%
4.5
1
2
Micro
2
4
Commercial
2
5
294 347
254
1,600
304 323
378
3.0
96 420
1,000
2.5
44
800
600
7
3
7 15
790
224
138
247 278
9971,011
900
1.5
1.0
190 113
159
147 195
-
2.0
339
9 438 365
400
200
60 516
524 570
332 344
95
21 33 25 28 19 37 37 51 46 67 63 54 64
0.5
-
Special Mention Contribution (%)
3.5
88
9
70%
14 16
17
21
28
80%
Special Mention/Total Loans (%)
Absolute Special Mention Loans (Rp bn)
210
1,200
7
90%
4.0
1,400
7
Mortgage
54
42
46 46
19
32
28
44
51 45
19
22
60%
50%
40%
61
30%
37
42 47
54 53
52
39
62 60
53
43 44
20%
10%
8
0%
9
6
7
4
4
5
4
4
4
4
3
4
17
Non Performing Loans
Consumer (LHS)
Micro (LHS)
Commercial (LHS)
Mortgage (LHS)
% to Loans (RHS)
Consumer
100%
3.0
1,400
2
2
Commercial
2
0
4
Mortgage
1
6
7
9
9
10
9
90%
119
1,200
2
Micro
2.5
80%
87
517
2.0
68
800
48
454
11
1.5
467
10
600
32
10
408
5
400
9
455
12
200
-
320
297
2
409
1.0
464
495
211
378
79
78
73
65
51
49
42
40
64
40%
30%
10%
-
53
50%
0%
31
24
0.5
289
201 186
149
137
114
98
78
58 75
19 22 24 24 23 22 22 27 29 30 29 31 34
79
20%
484
196
60%
63
34
607
277
59
70%
NPL Contribution (%)
1,000
Net Performing Loan/Total Loans (%)
Absolute Net Performing Loans (Rp bn)
112
14
15
17
5
4
4
36
7
39
4
3
48
3
3
26
22
3
36
45
7
5
5
4
18
Yield Analysis
Others
Placement to
1%
Bank
Indonesia
8%
Interbank
Placement
3%
Loans
70%
Marketable
Securities
18%
Savings
Account
21%
Current
Account
29%
Time Deposit
33%
Bonds
4%
Interbank
Lending
9%
Asset Yield
FY ‘12
FY ’13
Placement to Bank
Indonesia
4.1
4.2
Interbank Placement
3.3
3.3
Securities
4.6
5.5
Loans Yield
17.7
16.4
Others
0.3
0.5
Cost of Fund
FY ‘12
FY ’13
Interbank Liabilities
3.9
5.0
Securities
10.8
11.8
Deposits From Customers
5.1
4.7
Current Account
2.2
2.2
Time Deposit
6.8
7.0
Savings Account
2.1
1.9
Loans received
0.1
0.0
19
Customer Based
Strong Customer Based on Consumer Loans
Consumer
100%
Commercial
Mortgage
Government
0.2 0.2 0.2 0.2 0.4 0.6 0.9 1.1 1.5 1.9
2.3 2.7 3.0
3.1 2.8 2.8 2.8 2.4 2.2 2.6 2.6 2.4 2.0 2.2
2.1 1.9
12.3 12.9 13.7 14.6 14.8 15.2
19.9 20.7 20.8 20.7
80%
70%
70%
60%
50%
84.5 84.1 83.2 82.3 82.4 82.0
Retail
90%
16.3 17.6 18.7
80%
40%
Corporate
100%
80.2 78.7 77.4
76.2 74.8 74.3 74.4
Funding Proportion (%)
Lending Proportion (%)
90%
Micro
Fast Growing Retail Funding
60%
85.7 85.1 85.6 85.3 83.7 85.0 84.4 84.1 84.3 84.5 84.3 86.6
92.0
50%
40%
30%
30%
20%
20%
10%
10% 13.1 13.4 13.3 13.7
15.3 13.7 14.4 14.7 14.5 14.4 14.8
12.6
1.2 1.5 1.1 1.1 1.0 1.3 1.2 1.2 1.2 1.2 0.9 0.8 7.6
0.4
0%
0%
20
Capital Adequacy
Risk Weighted
Asset (RWA)
FY ‘12
Total RWA
25,244
32,351
28.2 %
Credit Risk
19,512
24,933
27.8 %
FY ’13
YoY (%)
Operational Risk
5,191
6,254
20.5 %
Market Risk
541
1,165
115.1 %
RWA/Total Asset
37.7%
48.5%
10.8%
tier-1
4,650
5,350
15.1 %
tier -2
(78)
(10)
-87.2 %
Total Capital
4,572
5,340
16.8 %
Tier-1 CAR
18.4%
16.5%
-1.9%
Total CAR
18.1%
16.5%
-1.6%
•
Total CAR at 16.5% (-160bps YoY/ +8bps QoQ)
•
Total tier-1 capital at Rp5.3tr (BUKU 3 category).
CAR Analysis
Addition to
Net Impact
Risk
RWA/
to CAR
Weighting Rp1tr Net
(%)
Expansion
Consumer Loans
50%
Rp.500bn
0.25
Micro Loans
75%
Rp.750bn
0.37
Commercial Loans
100%
Rp.1tr
0.49
Mortgage Loans
40%
Rp.400bn
0.20
21
Consumer Loan Details
22
Consumer Loans Performance
Growth
• Overall Consumer Loans at 28.9 tr (+27.5% YoY/ +3.5% QoQ)
• Net Expansion of +Rp6.2tr YoY/ +Rp985bn QoQ
• Consumer Loans portfolio contribution total loans at 64.0%
( -25bps YoY/ +43bps QoQ)
Quality
•
•
•
•
Overall NPL at 0.12 % (-1bps YoY/ 0bps QoQ)
Absolute NPL at Rp 33.7bn (+4.4bn YoY/ +2.4bn QoQ)
Special Mention Loans at 0.22% (+2bps YoY/ +3bps QoQ)
Absolute Special Mention Loans at Rp 63.7bn (+18.1bn YoY / +9.8bn QoQ)
23
Consumer Loans
Civil Servant Loans (LHS)
Pensioner Loans (LHS)
NPL (RHS)
35
1.0
Key
Indicators
FY’12
FY ‘13
YoY
(%)
Loans Outstanding
22,626
28,857
27.5 %
Net Expansion
(Rp bn)
3,458
6,231
80.2%
Avg. Loans
Outstanding
(Rp mn)
65
84
28.6 %
No of Account
345,966
343,122
-0.8 %
0.9
30
1.46
1.742.02 0.8
1.11
25
0.7
0.80
0.600.63
0.470.50
0.44
0.54
0.56
0.5
0.45
15
10
15.516.3
0.12
20.821.221.8
0.4
0.13
0.13
0.13
0.11
0.12
0.10
0.12
0.13
Median Interest
Rate
15.00%-18.45% % eff. p.a
0.3
0.2
0.13
5
0
17.5
19.2
18.018.6
23.4
26.8
25.326.1
(%)
(Rp tr)
20
0.6
0.11
0.11
0.12
Asset
Quality
FY’12
FY‘13
YoY
Special
Mention
0.20
0.22
+0.02
NPL
0.13
0.12
-0.01
0.1
0.0
24
Civil Servant Loans
Civil Servant Loans (LHS)
NPL (RHS)
0.5
30
26.8
Key
Indicators
Dec ’12
Dec ‘13
YoY
(%)
Loans Outstanding
21,829
26,839
23.0 %
Net Expansion
(Rp bn)
3,196
5,010
56.8%
Avg. Loans
Outstanding
(Rp mn)
67
85
28.1 %
No of Account
327,671
314,504
-4.0 %
25.3
26.1
25
0.4
21.8 23.4
20.8
20
17.5
19.2
0.3
18.0
15.5
(%)
(Rp tr)
21.2
18.6
16.3
15
0.2
Median Interest
Rate
10
0.13
0.12
0.11
0.13
5
0
0.13
0.11
0.12
0.11
0.10
0.13
0.12
0.12
15.00%-18.45% % eff. p.a
0.11
0.1
0.0
Asset
Quality
Dec ’12
Dec ‘13
YoY
Special
Mention
0.18
0.21
+0.03
NPL
0.13
0.12
-0.01
25
Pensioner Loans
Pensioner Loans (LHS)
NPL (RHS)
1.5
2,500
1.3
Key
Indicators
FY’12
FY‘13
YoY
(%)
Loans
Outstanding
797
2,018
153.2 %
Net Expansion
(Rp bn)
261
1,221
367.8%
Avg. Loans
Outstanding
(Rp mn)
44
71
61.9 %
No of Account
18,295
28,618
56.4 %
2,018
2,000
1,743
(Rp bn)
0.7
1,109
1,000
0.5
797
536 564
471 497
500 439 452
0.11
0.10
0.12
0
0.10
601 633
Median Interest
Rate
15.00%-18.45% % eff. p.a
0.3
0.20
0.10
0.10
(%)
0.9
1,464
1,500
1.1
0.11
0.11
0.09
0.15
0.08
0.12
0.1
-0.1
Asset
Quality
FY’12
FY‘13
YoY
Special
Mention
0.74
0.40
-0.34
NPL
0.15
0.12
-0.03
26
Special Mention Loans
Pensioner Loans (LHS)
Civil Servant Loans (LHS)
Civil Servant Loans
Pensioner Loans
Special Mention Loans (RHS)
100%
0.5
80
4.3 3.6 3.6
7.5 5.9 5.0 7.2
95.7 96.4 96.4
92.5 91.4 95.3 92.6
10.8 12.9 8.3 10.3 10.5 12.8
90%
70
8.1
5.7
50
0.3
5.5
5.9
40
0.3
1.8 2.7
0.2
1.2 1.2
30
0.2
0.2 0.2
0.2
1.9
20
0.2
0.2
0.2
0.2
0.2
0.9
0.1
Special Mention Laons Contribution (%)
6.5
Special Mention Loans (%)
Absolute Special Mention Loans (Rp bn)
60
80%
0.4
5.6
70%
60%
50%
89.2 87.1 91.7 89.7 89.5 87.2
40%
30%
0.1 1.1
0.1
20%
0.1
10
10%
19.9 31.6 31.6 23.2 17.2 35.0 34.7 45.3 39.8 61.3 56.2 48.3 55.6
0
-
0%
27
Non Performing Loans
Civil Servant Loans (LHS)
Pensioner Loans (LHS)
Civil Servant Loans (LHS)
NPL (RHS)
100%
0.5
40
Pensioner Loans (LHS)
2.7 2.3 2.3 2.1 2.3 2.6 2.9 4.5 4.1 4.1 3.9 5.2
7.2
90%
35
80%
2.4
1.2
1.3
1.6
70%
1.1
25
0.3
0.5
0.5 0.6 0.7
0.5 0.5
20
NPL (%)
Absolute NPL (Rp bn)
1.2
0.5
15
26.2
28.1 29.0 28.1
29.7
31.3 0.2
NPL Contribution (%)
30
0.4
60%
97.9
97.7 97.7
50%
97.3
91.5 96.7
95.5
96.1
95.9
95.9
96.1
94.8 92.8
40%
30%
23.2
10
21.1 21.1
21.1 21.1 21.3
18.7 0.1 0.1 0.1
0.1 0.1 0.1
0.1
0.1
0.1 0.1
0.1
0.1 0.1
0.1
5
0
20%
10%
0.0
0%
28
Strong Retail Funding & Number of Account Growth
29
Saving Accounts & NoA Growth on Retail Funding
Time Deposit
Current Account
Savings Account
No of Accounts
5.0
16
4.6
0.5
14
4.5
Key Ratios
FY’12
FY’13
YoY
(%)
Total Outstanding
11,517
14,671
27.4 %
Funding Contribution
(%)
24.2
31.4
7.2
Net Expansion
2,177
3,154
44.8 %
No of Account
1,717,477
4,618,788
-
CASA Ratio
66.1
72.4
6.3
4.0
12
0.5
0.2
10
0.2
0.2 0.4
0.3
0.4
0.4
0.3
3.7
0.4
3.5
0.2 0.2
(Rp tr)
2.7
10.2
2.4
8
7.2
6
3.0
2.1 7.5
6.9
7.5
7.4
2.0
1.9
6.6
1.9 6.8
6.5 1.8 1.9 7.0
1.7 1.7 1.8 6.6
7.9 8.1
2.5
2.0
Time
Deposit
27.6
Current
Account
3.1
1.5
4
1.0
2
0
3.9
4.1
3.4 3.1 3.0 3.5 3.1 3.2 3.2 3.3 3.6 3.7 3.7
0.5
0.0
Savings
Account
69.3
30
Good Cooperation With The Government
Retail Savings at the end of December 2013 amounted to Rp10,1 trillion, increased Rp3.0
trillion (YoY) due to the savings strategy undertaken included cooperation with Government
in raising deposits such as :
Cooperation
with
the
Ministry
of
Education
and
Culture
for distribution of Poor Students Aid Fund (BSM) for Fiscal Year 2013 to 2.4 million
poor students in West Java and Banten with managed portfolio Rp1.14 trillion.
Cooperation with Provincial Education Department of West Java and Banten
for distribution of Teacher Certification Funds and School Operational Assistance Fund
(BOS)
Programs
Funds Realization on 2013 (Rp full amount)
Poor Students Aid Fund (BSM)
438,711,670,000
School Operational Assistance Fund (BOS)
408,105,202,500
Teacher Certification Funds
1,497,343,462,457
31
Sharia Business Performance
FY13 bank bjb Sharia
32
Result Summary
Income
Statement
Balance
Sheet
Ratios
(bank only)
• Net Financing Income at Rp 265bn (+26.9% YoY)
• Operating Expenses at Rp 232bn (-4.8% YoY)
• Net Income at Rp 28bn (+255.8% YoY)
• Total Financing at Rp 3.6tr (+21.5% YoY)
• Total Deposit at Rp 3.1tr (+5.0% YoY)
• Total Asset at Rp 4.7tr (+10.7% YoY)
•
•
•
•
NOM at 6.6% (-76bps YoY)
ROA at 0.9% (+150bps YoY)
ROE at 4.7% (+791bps YoY)
NPF Gross at 1.9% (-260bps YoY)
33
Key Ratios
Key Ratios (%)
FY ‘12
FY ’13
YoY
CAR
21.1
18.0
-3.1
NPF Gross
4.5
1.9
-2.6
NPF Nett
1.0
1.2
+0.2
ROA
-0.6
0.9
+1.5
ROE
-3.3
4.7
+8.0
NOM
7.4
6.6
-0.8
Expense Ratio (BoPo)
110.3
85.8
-24.5
FDR
88.0
97.4
+9.4
34
Income Statement
Income Statement
(Rp mn)
FY ‘12
FY ’13
YoY
(%)
Financing Income
358,614
508,023
41.7%
Financing Expense
(150,124)
(243,452)
62.2%
Net Financing Income
208,490
264,571
26.9%
Other Operating Income
12,308
8,608
-30.1%
Operating Expense
(243,622)
(232,041)
-4.8%
Operating Income
(22,824)
41,138
+280.2%
Non Operating Income (Expense)
4,644
(568)
-112.2%
Income Before Tax
(18,180)
40,570
+323.2%
Tax Expense
-
(12,254)
-
Net Income
(18,180)
28,316
+255.8%
35
Balance Sheet
Balance Sheet Highlight
(Rp mn)
FY ‘12
FY ’13
YoY
(%)
Cash
21,343
26,882
26.0%
Current Account with Bank Indonesia
142,262
129,494
-9.0%
Secondary Reserves
1,047,756
771,749
-26.3%
Financing-net
2,833,959
3,531,665
24.6%
Fixed Asset-net
141,149
160,886
14.0%
Other Asset
52,980
74,413
40.5%
Total Asset
4,239,449
4,695,088
10.7%
Total Third Party Fund
2,975,062
3,122,446
5.0%
Fund Borrowings
589,030
851,600
44.6%
Others
75,915
93,284
22.9%
Total Liabilities
3,640,007
4,067,330
11.7%
Total Equity
599,442
627,788
4.7%
36
Sharia Performance
Total Financing
Financing
(Rp mn)
FY ‘12
FY ’13
YoY
(%)
Murabahah – (Trading)
1,371,920
2,144,893
56.3%
3.6
Ijarah
13,795
6,486
-53.0%
3.1 3.1
Financing
1,095,839
1,278,849
16.7%
Qardh – (Bridging)
470,770
157,914
-66.5%
Isthisna – (Pawning)
5,997
5,618
-6.3%
Total Gross Financing
2,958,321
3,593,760
21.5%
Funding
(Rp mn)
FY ‘12
FY ’13
YoY
(%)
Wadiah Current Account
210,876
245,489
16.4%
Wadiah Savings Account
83,774
101,051
20.6%
Mudharabah Savings
Account
317,431
405,104
27.6%
Mudharabah Time Deposit
2,362,981
2,370,802
0.3%
Total Funding
2,975,062
3,122,446
5.0%
Total Funding
4.0
3.6
3.5
3.53.7
3.4
3.0
3.1
3.0
3.0
2.5
2.3 2.2
2.4
(Rp tr)
2.2
2.0
1.7
1.5
1.0
0.5
0.0
1.4
1.6
1.31.6 1.6 1.6
1.1
2.0
2.1
1.8 1.8
37
Company Profile
bank bjb
38
Ownership
West Java Provincial Government
Ownership Structure
FY12
FY13
Founder (A Series)
75.00
75.00
West Java Provincial Government
38,26
38,26
West Java Municipal
Governments
23,61
23,61
Banten Provincial Government
5,37
5,37
Banten Municipal Governments
7,76
7,76
Public (B Series)
25,00
25,00
Local Retail
5,48
4,15
Local Institution
12,24
6,06
Foreign Retail
0,03
0,01
Foreign Institution
7,25
14,78
West Java Municipal Government
Banten Provincial Government
Banten Municipal Government
Public (B Series)
25
38.26
7.76
23.61
5.37
39
Road Map
A Strong Sustainable Growth and Profitable National Bank
2011-2012
2013-2014
2015
Building/Establishment
New Infrastructures
Leading in Service
As One of the Big Banks
A National Bank
Leading in Service and
Performance
Strategy
Developing HR
Competence, IT
Infrastructure,
and organization for :
o Micro & SME
Financing
o Consumer &
Commercial Banking
o Treasury &
International
Strategy
Matching the 10 Biggest
Banks in areas :
o HR competence/ IT
o Services
o Bank bjb `incorporated`
Strategy
Leading in Service and
Performance National Bank
40
Distribution Network
Others
Deposits 2.0 Tr
Loans 1.9 Tr
Micro Loans 250.5
bn
Profit 13.7 bn
51,885 Customers
12 Branch Offices
12 Sub Branch
Offices
4 Cash Offices
77 ATM Unit
25 Waroeng bjb
397 Employees
Total bjb
employees
6,404
Total bjb
customers
5,022,071
Jakarta
Deposits 6.4 Tr
Loans 4.6 Tr
Micro Loans 157 bn
Loss 48.5 bn
65,024 Customers
9 Branch Offices
62 Sub Branches
7 Cash Offices
1 Payment Point
113 ATM Unit
31 Waroeng bjb
616 Employees
Banten
Deposits 8.9 Tr
Loans 6.3 Tr
Micro Loans 623 bn
Profit 623 bn
861,365Customers
8 Branch Offices
42 Sub Branches
34 Cash Offices
14 Payment Point
192 ATM Unit
100 Waroeng bjb
758 Employees
West Java
Deposits 29.4 Tr
Loans 32.3 Tr
Micro Loans 4.3 Tr
Profit West Java 3.1 tr
Loss Head Oficce 1.9 tr
4,043,797 Customers
32 Branch Offices
188 Sub Branch
221 Cash Offices
92 Payment Point
757 ATM Unit
354 Waroeng bjb
4,624 Employees
41
Branch Network Details
No
bjb Network
FY ‘12
FY ’13
YoY
1
Branch
56
62
6
2
Sub Branch
228
304
76
3
Cash Offices
140
266
126
4
Payment Point
101
107
6
5
ATM
743
1,139
396
6
Waroeng bjb (A,B & C)
207
510
303
7
Layanan bjb Precious
11
11
-
8
MSME Center
6
6
-
9
Mobile Cash
7
11
4
10
Weekend Banking
12
22
10
11
Forex Branches
25
47
22
Total
1,536
2,485
949
42
Human Capital
Level
FY ‘12
FY ’13
YoY
Board of Commissioners
6
5
-1
Directors
6
4
-2
Top Management
28
35
7
Middle Management
206
211
5
First Line Management
1,237
1,447
210
Staff
3,403
4,701
1,298
Employee in Pension
Preparation
7
1
-6
Total Permanent
4,893
6,404
1,511
Educational Breakdown
Up to High School
Up to Bachelor Degree
Masters and Doctorate
Up to
Bachelor
Degree
95.6%
Masters
and
Doctorate
4.0%
Up to High
School
0.5%
Age Breakdown
18 - 30
Micro
3,162
2,294
-868
Others
2,917
3,515
598
Total Non Permanent
6,079
5,809
-270
31 - 40
41 - 50
> 50
31 - 40
13.8%
41 - 50
7.1%
Total
10,972
12,213
1,241
18 - 30
78.1%
> 50
1.0%
43
2013 Awards
Indonesia Banking Awards –
Best Performance Banking 2013 for Bank
Category BUKU III
Indonesian Bank Loyalty Award –
The Best of Indonesian Bank Loyalty Champion
Jamsostek Regional Strategic Partner Awards
2013
Infobank Awards – Financial Performance
“Very Good” 2003 - 2012
Corruption Eradication Commission Awards–
Most Reported Gratification 2013
Service Excellent Awards –
Best Service Excellent for Conventional
Bank With Assets Under Rp 150 Trillion
44
Share Price Performance
Volume (RHS)
1600
Investor Relations Group
Menara bank bjb
7th Floor
Jl. Naripan 12 – 14
Bandung 40111
+6222 4234868
ext 7140/7141
ir@bankbjb.co.id
Price (LHS)
250
1500
1400
200
Contact Person:
Muhammad As’adi Budiman
Group Head
mbudiman@bankbjb.co.id
1300
150
Million Shares
Rp/share
1200
1100
1000
100
900
800
50
700
600
Source: Bloomberg
0
Irwan Riswandi
Manager
iriswandi@bankbjb.co.id
Ari Budiman
Officer
abudiman@bankbjb.co.id
Anjas Septa Lesmana
Officer
aslesmana@bankbjb.co.id
Simon Sihol Panggabean
Staff
spanggabean@bankbjb.co.id
Gilat Wijie Priyantama
Staff
gpriyantama@bankbjb.co.id
45
Menara bank bjb
Jl. Naripan 12 – 14
7th Floor
Bandung 40111
Telp. +6222 4234868