1Q14 presentation slides strategy

Powering ahead
DBS Group Holdings
1Q 2014 financial results
April 30, 2014

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.

Agenda

1

Strong momentum in key businesses

2

Business momentum, NIM, Asset quality

2

SME


Income (S$m)
Record
High

2013 Quarterly Average
231

337

342
375

348

341

344

2Q13


3Q13

4Q13

11% yoy
9% qoq

307
260

273

2010
Quarterly
Average

2011
Quarterly
Average


2012
Quarterly
Average

1Q13

1Q14

Income from large corporate banking also at record

3

Wealth

Income (S$m)
Record
High

2013 Quarterly Average

231

231
239

230

229

227

1Q13

2Q13

3Q13

4Q13

122


122

127

134

260

13% yoy
9% qoq

197
155
127

Total
Earning
Assets
(S$b)


2010
Quarterly
Average

2011
Quarterly
Average

91

103

2012
Quarterly
Average

116

1Q14


139

13% yoy

Comprising Treasures, Treasures Private Client and Private Bank
Total earning assets at end of period
4

Global transaction services

2013 Quarterly Average

Income (S$m)

371
396
352

356


364

369

394

11% yoy
flat qoq

270

185
Cash/
SFS
Trade
2010
Quarterly
Average


2011
Quarterly
Average

2012
Quarterly
Average

1Q13

2Q13

3Q13

4Q13

1Q14

Assets (S$b) (a)


20

45

52

58

59

63

63

63

9% yoy

Deposits (S$b)


65

82

95

95

109

115

119

130

36% yoy

Assets and deposits at end of period
(a) Trade assets; includes bank exposures and loans of financial institutions
5

Treasury customer income

Income (S$m)
Record
High

2013 Quarterly Average
231

296

259

355

20% yoy
54% qoq

282

217

228

231

3Q13

4Q13

206
172

2010
Quarterly
Average

2011
Quarterly
Average

2012
Quarterly
Average

1Q13

2Q13

1Q14

1Q14 customer income as % of total Treasury income at 56%

6

Agenda

1

Strong momentum in key businesses

2

Business momentum, NIM, Asset quality

7

Business momentum

Loans and deposits on track
Deal pipeline is full
T&M sales slowing somewhat

8

Strong momentum in M&A / RMB fixed income
Deals

Asia (ex-Japan) 1Q2014
Financial Advisor
Deal Value (US$b)
16.5 (9 deals)
1 DBS
Ranked 1st by Deal Value
for M&A announced in
1Q2014 for Asia ex Japan

2
3
4
5

Morgan Stanley
Lazard
Citi
Goldman Sachs

15
11.7
11.5
11.2




(11)
(8)
(13)
(11)





SouthEast Asia 1Q2014
Financial Advisor Deal Value (US$b)
1 DBS
9.9 (7 deals)
Ranked 1st by Deal Value
for M&A announced in
1Q2014 for SouthEast Asia

2
3
4
5

Goldman Sachs
HSBC
BofA ML
Credit Suisse

7.5
5.8
5.7
3.2




(5)
(2)
(1)
(3)

Temasek’s Offer for Olam
JobStreet’s sale of online job board business to
SEEK Australia
Perennial Real Estate Holdings’ reverse merger into
St James Holdings
Fragrance Group’s demerger of Global Premium
Hotels
Glencore’s delisting offer for Chemoil
Hutchison’s sale of 25% equity stake in AS Watson
to Temasek
DBS: BPI, HwangDBS and SocGen private banking
assets in Asia

Offshore RMB Bonds (incl. FIG CDs) 1Q2014
Underwriter
Amount (RMB b) Market Share (%)

Ranked 4th in Offshore
RMB league table

1 HSBC
2 SCB
3 Credit Agricole

41.3 (101 issues)
32.2 (89)
17.3 (40)

23.7
18.5
9.9

4 DBS

14.8 (37)
FY2013
8.6 (22)

8.5

10 DBS

Deals





China Eastern Airlines’ 3 year RMB 2.5b
bonds
Peking University Founder Group’s 3
year RMB 2b bonds
Bank of China Singapore’s 2 year RMB
2b and 5 year RMB 1b bonds
ICBC Singapore’s 2 year RMB 2b bonds

3.2

9

Net interest margin

1.70

1.66
NIM (%)

1.64

1.65

1.62
1.60

1.61
1.60

1.55

Net interest
income (S$m)

1,327

1,382

1,406

1,454

1,488

1.50

1.45

1.40

1Q13

2Q13

3Q13

4Q13

1Q14

10

Asset quality

China
India

11

Powering ahead
DBS Group Holdings
1Q 2014 financial results
April 30, 2014

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.