corporate presentation pt bank bukopin, …...company structure ownership 92,78% ownership 97,03%...

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CORPORATE PRESENTATION PT BANK BUKOPIN, Tbk Q4 - 2019

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Page 1: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

CORPORATE PRESEN TATION

PT BANK BUKOPIN, Tbk

Q4 - 2019

Page 2: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Company Structure

Ownership

92,78% Ownership

97,03%

Bank Bukopin (“The Company”) was established in 1970

and became publicly listed after its IPO in 10 July 2006.

49 years of experiences in national banking industry that

has succeeded through various national and global

economic crises.

Focus on Retail segment which consisted of MSME (Micro

, Small, Medium Enterprises, and Cooperatives) and

Consumer.

A national private company with 6 focus

business area : Automotive, Cement, Mining

and Energy, Financial Services, Real Estate,

and Education, also run several other

projects in media, sports, and agriculture.

One of the largest banks in Asia that

dominates mortgage market share and

digital banking in South Korea. Became the

second largest shareholder after 27 July

2018.

Cooperative institution of employees and

pension of Indonesia Logistics Bureau,

which is a government-owned company

which deals with food distribution and

price control.

Government of the Republic of Indonesia,

with managed by the Ministry of State

Owned Enterprises (“KBUMN”).

Shareholder Profile

Company Profile

Focus on retail

segment and low

RWA products

Solid, professional

& experienced

management

IT innovation

based product Risk based culture

Wide network and

millions of

customers

49 years of

experienced in the

retail segment

Brand image Strategic

partnership

Strength

Page 3: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Vision

Mission

“To become the first choice of financial institution in

Indonesia”

“Understanding and giving solutions to

customer”

Corporate Culture

Integrity Competence Care Accountable Never Give Up

Vision, Mission and Corporate Culture

Page 4: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Commercial

State owned companies and

private companies

Loan size above IDR 15

Billion Main focus : Energy, Health,

Property, Agribusiness &

Telecommunications

Services: Trade Finance, FX

Trading, Cash Management,

Authorized Tax Payment

Consumer

Individuals (mass affluent

& affluent), active, pre-

pension and pension of

civil servants

Loan size below IDR 5

Billion Pre-pension & Pension

loan, Car loan, Mortgage,

Payroll based multipurpose

loan, Credit Card

Services: Priority Banking,

e-Banking, Digital savings

MSME

MSME (Micro, Small,

Medium Enterprises, and

Cooperatives)

Loan size below IDR 15

Billion Showroom Financing,

Invoice Financing, Flexy

Bill, Flexy Health, Flexy

Gas, Flexy Retail

Services: Trade Finance, FX

trading, Cash

Management, Authorized

Tax Payment

Transactional

Focus on Retail Segment Growth

Retail Segment Sustainable Growth, Focus on Retail Segment, & Portfolio Quality

Strengthening Retail

Segment Focus on Low RWA Improve Asset Quality

Strengthening bank

position in electricity bill

payment (PLN State

owned electricity company)

Exclusive Host to Host

connection with PLN Powered by 31,000 PPOB

and e-commerce

cooperation

A comprehensive e-channel

ecosystem

Multi biller products

Invoice Financing, Flexy Bill,

Flexy Health, Flexy Gas,

Flexy Retail

Page 5: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Focus on Retail Segment Growth

Retail Segment Sustainable Growth, Focus on Retail Segment, & Portfolio Quality

Strengthening Retail Segment

Focus on Low RWA Improve Asset Quality

Accelerate loan growth on low RWA

and consumer loan

Focus on growth of MSME segments

through selected business sector

Triangle business model & scheme-

based financing

Focus on developing IT based

transactional services

Improve loan quality through process

business refinements and

strengthening risk management

Digitization and efficiency

Prudent and optimal liquidity

management

Focusing growth in the Retail

Segment consisted of Micro, Small

and Medium enterprises, (MSMES)

Cooperatives, and Consumer.

Growth focus on retail customer

deposit and CASA product

Maintain current position of

commercial segment

Current Achievements

Asset 100,3 T

Loan 67,8 T

Deposit 80,8 T

Profit After Tax

217 B

95,6 T 95,7 T 66,4 T 65,8 T 79,2 T

76,1 T

224 B

190 B

Dec-18 Aug-19 Dec-19

Dec-18 Aug-19 Dec-19

Dec-18 Aug-19 Dec-19

Dec-18 Aug-19 Dec-19

Page 6: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Unique Value Proposition

Commercial Consumer MSME

Generic

Product Credit Card Car Loan Mortgage Multi

Purpose Investment & Working Capital Loan

Value

Proposition

Flexy Bill Flexy

Health Flexy Gas

Active, Pre-Pension

& Pension Loan Money

Market

Line Showroom

Financing

Invoice

Financing

Payroll

Synergy

Cooperatives

Partner

Page 7: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Strategic

Partner

Call Center

14405

Digital banking application

support by more than 3000

payment by QR Merchant

> 100,000 payments outlets and

supported by e-commerce and other

online businesses as a collection agent

Host to Host

439 point of sales 40 point of sales 28 point of sales

844

AT

M

Coverage in 26 provinces

More than 500 Point of Sales

across Indonesia

Integrated Point of Sales

Page 8: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Our Strategy

Ban

k

End

User

3rd

Party

3rd

Party

“Direct to Debtor” 3rd Party is only a part of the loan

proposal and analysis

Side streaming is highly probable

Rely on collateral based loan approval

End

User 3rd

Party

Conventional Bukopin Way

“Triangle Business Model” 3rd Party is a part of loan

agreement

Certainty in utilization of loan funds

Zero Side Streaming through Flexy Bill & Flexy Gas Certainty in sources of loan payment

Mitigation of payment failure Flexy Health &

Invoice Financing Improved CASA ratio via Margin Deposit

Triangle Business model cooperate with

highly reputable company which are State owned

company and company with minimum idAA- rating

Page 9: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Champion Products

Flexy Bill Flexy Health

Flexy Gas

PLN

Bill

Financi

ng

Payme

nt

END

USER

BPJS

Bill Documenta

ry

Collection

Payme

nt

Financi

ng

HOSPIT

AL

PGN

Bill

Payme

nt

END

USER

Financi

ng

Trade

Finance

Trade

Finance

Invoice Financing

Invoic

e

Payme

nt

Bouwheer

Financi

ng

Documenta

ry

Collection

Contractor

Page 10: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

44% 45% 45%

23% 24% 24%

33% 31% 31%

Dec-18 Aug-19 Dec-19

SME Consumer Commercial

Dec-18 Aug-19 Dec-19

Dec-18 Aug-19 Dec-19

Loan Disbursement

Construction

16%

Trade

18%

Service 17%

Others

49%

Trend of Loan Disbursement

Dec-18 Aug-19 Dec-19

By Economic

Sector

Retail Loan

29,3 29,5 29,6

15,3 16,1 16,6

21,9 20,2 21,9

Dec-18

SME

Aug-19

Consumer

Dec-19

Commercial

65,8 T 66,4 T 69,5 T

Trend of “Loan Plus”

“Focus on loan growth which consistently geared towards

retail business, which the retail loan grows 7.3% YoY “

yoy

7.3%

“Loan Plus” Trade Finance, Flexy Bill, Flexy Health, Flexy Gas

and Invoice Financing

yoy

800%

687 B 469 B

4.221 B

44,5 T 45,6 T

47,8 T

Page 11: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

464 455

96 90 80 73 54 52 35

Pre-Pension & Pension Loan Grow Significantly

Trend

Maintaining its position as the 6th largest pension payment of the state- owned pension fund of Police and TNI (ASABRI) with 18 thousand customer, grew approximately 4.93% yoy from December to 2018. Our market share is 4.33%.

Maintaining its position as the 7th largest pension payment of the state- owned pension fund for civil servants payment (TASPEN) with 73 thousand customer, grew approximately 4.83% yoy from December to 2018. Our market share is 2.72%.

By 2019, Bukopin is the 5th largest payment bank with 92 thousand customer, our market share is about 2% in the industry which contain 3 million pension customer registered

Rank of Pension Fund Payment

7th Pension Fund Payment of TASPEN 944

(Thousands of clients)

Strategic Partners & Alliances

54

68

92 93

13,0

12,0

11,0

10,0

9,0

8,0

7,0

6,0

5,0

4,0

3,0

Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Aug-19 Des-19

Pension Loan (Rp Trillion)

Debtors (Thousands)

79

3,4 T

5,8 T

7,8 T

10,4 T 9,5 T

111 112

11,1 T 11,3 T

93

55

31 29 18 10 4 4 3

169 6th Pension Fund Payment of ASABRI

(Thousands of clients)

Page 12: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

932

752

8

63 59 54 50

1.038

624 627

519

100 98 92 81 66

Dec-16 Dec-17 Dec-18 Aug-19

Government

Related

Bank

decrease in last few years

Significant improvement in 4 last years

+4,2%

-6,6%

-6,8%

+184,3% +18,3% +21,2% +15,7% +11,3%

Bukopin is the 5th largest pension payment bank with 2nd highest growth

State

Company

(POS)

Private Bank

with Foreign

Shareholder

Bank which

Focus in

Pension

Business

Regional

Bank

Regional

Bank Private Bank

with Foreign

Shareholder

Page 13: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Car Loan with Focus on Synergy with Subsidiaries

Synergy with Subsidiaries

Sales Joint Financing

Valuation by apps

Collecting System

SLA & Competitive Pricing

40 branches in Indonesia

Synergy, Simplification of the process, and Optimalization of the Margin

Showroom Financing

Liquidity Support

Car Loan

End User

Capital

Sales

Multipurpose Loan – Payroll Based

Employee

Payroll and Collecting Agent

Cooperation

Company

Monthly

Salary

Car loan (Billion IDR)

1.162

1.277

750

451

250 293

Dec-14

Dec-15

Dec-16

Dec-17

Dec-18

Dec-19

Page 14: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

MSME: Cooperatives

Business Models of Old SWAMITRA

Bank’s Income : 1. Management Fee

2. Interest Income

3. Sharing Profit (SHU)

Member

Bank Provide : • IT System and

Network

• HR and Management

• Working Capital Loan

• Online Payment Points

and / or Laku Pandai

Performance

Network : 446 Cooperatives with 511 Outlet

End User : 58.581

Total Loan : Rp1.431 Billion

Fee Base Income : Rp18 Billion (FY 2019)

Business Models of New SWAMITRA

Community and Members of KOPAS

Direct sales

to End

Users

Partnership

Bad Loan

Collecting &

Collateral

Agent Provides an active

KOPAS Member

Database

Koperasi

Pasar

(KOPAS)

Fee

Sharing

Installment

payments

directly to the

Bank

Page 15: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Credit Risk Management

PL Composition

The largest proportion of NPLs sectors are Trade, Other, and Construction

We optimistic our credit risk are still manageable & controllable

We already have action plan to reduce our NPL and We are optimistic that NPL can be resolved in the

next quarter

Because of our commitment to do the action plan, the non-performing loan ratio has gradually declined.

Its reflect as our commitment to improve the quality of productive assets

Coverage Ratio

4,75% 4,44%

3,80%

48%

58%

49%

Dec-18 Aug-19

Dec-19

Coverage NPL nett

Trading; 38%

Services; 9% Construction; 18%

Others; 36%

By

Sector

Page 16: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Customer Deposit

Product

46,2 50,8 48,7

30,0 28,4 32,1

Dec-18 Aug-19 Des-19

CASA Time Deposit

52,7

57,9

55,3

23,5 21,3 25,5

Dec-18

Retail

Aug-19 Dec-19

Commercial

Segment Deposit Structure

61,1 65,0

64,9

15,0 14,2

15,9

Dec-18 Aug-19 Dec-19

Government & SOE Others

CASA grows 7,7% yoy

The focus on Customer Deposit is retail segment, with 5% yoy

growth and 68% retail cutomer deposit

Dependencies of Government and SOE Deposits continues to

decrease from 35% in 2017 to 20% in Dec-2019

Transaction Services

Products and Services 1. Current Account Rupiah Current Account

Foreign Currencies Account

2. Saving Account Rupiah Saving, Saving Foreign Currency, Saving Join Account, Premium Saving, Business Saving, Saving Plan, TabunganKu and Sikosi (Cooperative Saving Account)

3. Time Deposit Rupiah Time Deposit, Merdeka Time

Deposit, Foreign Currencies Time Deposit

4. Services Priority Banking, e-banking, Digital Saving, Cash Management, tax payment receipts

Page 17: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

National

Govt.

Budget

BO 1

BO 2

Finance

Ministry

4 Syariah State

Own Banks &

22 Local Govt.Banks

Ministry

Offices

Govt.

Institutio

ns

State-

Owned

Pensio

n

Funds

SOE

Local

Gov.

Budge

t

Strategic Partner : Government and SOE Partnership Active in developing MSMEs by doing government

program such as KUR, JARING

Appointed by the Ministry of Finance as Operational

Bank 2 and Perception Bank

Appointed by the Ministry of Finance to provide online

state deposit (tax and non-tax) reception services that

serve 138 thousand transactions with a nominal value of

IDR 4.3 trillion

Become a strategic investment choice

As a payment bank of membership contributions social

security

Become a strategic investment choice

Collaborative financing of hospital bills to BPJS through

Flexy Health

Top 5 TASPEN and ASABRI Pension Payment Banks,

with the second highest growth among other

competitor (CAGR: 21%).

Managing pension payments of more than 92

thousand pensioners.

Become a strategic investment choice

Founding father and market leader of electricity

payment bill (PLN) transactions through PPOB H2H. In

2018 Prepaid Transactions reached 31 Million

transactions with a nominal value of Rp30 Trillion.

Project financing both cash loans and LC / SKBDN

Big bill PLN financing through Flexy Bill

Page 18: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Comprehensive E-Channel Solutions Phone Banking

Bukopinet

More than 15.000

active users

Pay by QR > 400

merchants

Video Banking for CDD

process Wokee

>6.000 Transactions

IDR 3,7 Trillion

BCM

1 million transactions

IDR 721 Billion

SMS & Mobile Banking

37 million

Transactions

Prepayment PLN,

IDR 3,2 Trillion

Page 19: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Karya Budiana Commissioner -

Independent

Susiwijono Commissioner

M. Subhan Aksa Commissioner

Chang-su Choi** Commissioner

Ahmad Fuad* Commissioner - Independent

Moch. Hadi Santoso*

Commissioner - Independent

Mustafa Abubakar President Commissioner

- Independent

Deddy S.A. Kodir Commissioner

Adhi Brahmantya

Operations & IT

Director

Hari Wurianto Compliance

Director

Eko R. Gindo President Director

Lalu Azhari Business Director -

Commercial

Rivan A. Purwantono

Business Director

- Consumer

Heri Purwanto Business Director -

MSME

Jong-Hwan Han ** Risk Management

Director

*)Effective upon approval from OJK within compliance of POJK No.27/POJK.03/2015, and **POJK No.37/POJK.03/2017, and/or other prevailing regulations

BOARD OF COMMISSIONERS

DIRECTORS

19

Note : Directors composition changed as of 6 January 2020, based on resignation letter of Mr. Rachmat Kaimuddin (Financial and Planning Director) on 6

December 2019. The Company will conduct an extraordinary GMS on 20 February 2020 to approve the change in mangement composition.

Page 20: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Milestone

2003 2006 2008 2009 1970 1989 1993 2011 2012 2013 2014

• Right Issue I

• Spin-off Unit

Syariah Bussiness

to subsidiary

Syariah Bank

Issuance of

Continuous

Subordinated

Bonds I Phase I

2012

Right

Issue III • Rights Issue II

• Increased

ownership in

Syariah bank to

77.57%

• Additional

acquisition of shares

of a subsidiary of

Syariah banks. Add

up shares to 65.44%

• Pay off Phase A

Bonds, Phase B

Subordinated Bonds

and Syariah Bonds

Series A bonds

are issued.

Series B

Subordinated

Bonds and

Syariah

Mudharabah

Bonds

• Change

name

• The first

bond

issued

• Become a public

company through

an IPO

• The acquisition of

24.73% shares of

one of the Syariah

banks in Indonesia

• Acquisition of

Multifinance

Company

Become a

limited liability

company

Established

on July 10,

1970

2015

• National Private

Companies become

Controlling

Shareholders

• Issuance of

Continuous

Subordinated Bonds

II Phase I 2015

• Increased ownership

in Syariah bank to

89.07%

Increased

ownership in

sharia bank to

86.82%

• Increased ownership in multi-finance subsidiaries to 96.06%.

• Increased ownership in syariah bank subsidiaries to 90.67%

• Issuance of Medium Term Notes I in 2016

• Issuance of Medium Term Notes I Phase B 2016

• Issuance of Phase II

Sustainable

Subordinated Bond II

2017

• Increased ownership in

syariah bank

subsidiaries to 91.86%

multi-finance

subsidiaries to 97.03%

2016 2017 2018

Right

Issue IV

Page 21: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

Kej g 2019

Maret 2019,

Pelunasan Obligasi

Subordinasi

Maret 2019,

Pelunasan Obligasi

Subordinasi

Maret 2019,

Pelunasan Obligasi

Subordinasi

Maret 2019,

Pelunasan Obligasi

Subordinasi

Maret 2019,

Pelunasan Obligasi

Subordinasi

Maret 2019,

Pelunasan Obligasi

Subordinasi

Maret 2019,

Pelunasan Obligasi

Subordinasi

Maret 2019,

Pelunasan Obligasi

Subordinasi

Maret 2019,

Pelunasan Obligasi

Subordinasi

Subordinated Bonds

Paying Off

March 6, 2019

18 May 2019,

Digital Brand Awards

2019 by Infobank

Launched QR Code Payment

Feature on Wokee

March 12, 2019

Revitalizing Swamitra Business

July 12, 2019

Bank Bukopin-KB Insurance

Collaboration

July 23, 2019

Prepare a Variety of Channels for

Payment of PBB DKI Bill

September 12, 2019

adian Pentin Bank Bukopin Inaugurates

New Vision, Mission and

Corporate Culture

July 13, 2019

LPO V Plan Approved by EGMS,

Bank Bukopin's CAR has

Potential Grow to 16%

October 24, 2019

Pandai Education Activities

at Klungkung Festival

October 16, 2019

Bank Bukopin - Askrindo

Collaboration

July 25, 2019

KB Kookmin Bank - Bank

Bukopin Synergies the Socia

Responsibility Program

Bank Bukopin Holds LakuOctober 2, 2019

Key Events 2019 Offer Flexy Bill for the

Hospitality Industry

February 11, 2019

Page 22: CORPORATE PRESENTATION PT BANK BUKOPIN, …...Company Structure Ownership 92,78% Ownership 97,03% BankBukopin(“TheCompany”)wasestablishedin 1970 and became publicly listed after

INVESTOR RELATIONS (HI-

BBKP) Addres

s

E-

mail

Phon

e Fa

x

: Bank Bukopin Head Office, 1st Floor

(Corporate Secretary Division)

Jl.MT.Haryono Kav.50-51, Jakarta

12770

: [email protected]

: (62-21) 7988266

Ext.1120,1118,1115,1108

: (62-21) 7980625

IR Team

: Almira Sistya Nandini (IR Manager)

[email protected], ext.

1120

M. Nino Nurhakim (IR Officer)

[email protected], ext.

1118

Candra Krisdianto (IR Officer)

[email protected], ext. 1115

Khairani N.S. Zahra (Capital Market Staff)

[email protected], ext. 1108

Disclaimer Disclaimer : This presentation material was prepared by PT Bank Bukopin Tbk

(hereinafter referred to as "Bank Bukopin" or "Company") independently and circulated

for general information purposes only. This is not intended for certain people who might

receive this material. No guarantee (expressed or implied) is made for the accuracy or

completeness of the information. Some of the statements contained in this document

contain the achievement of reports relating to financial conditions, business and

business results, and related plans and objectives. This material does not directly or

exclusively relate to facts in the past. This material also does not directly or exclusively

reflect both plans, expectations, assumptions and beliefs about events that will occur in

the future of the Company. There are uncertainties, known and unknown risks from this

report that can cause results, performance or events to differ materially from the

original report. This is not just a statement, and must not be interpreted as a

representation of the Company's future performance. Readers are advised to look at all

the statements listed here carefully.

Thank

You!