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11
PT Bank OCBC NISP Tbk Financial Performance – First Quarter 2016(Unaudited)
This report is solely for the use of PT. Bank OCBC NISP Tbk. No part of it may be circulated,
quoted, or reproduced for distribution outside the organization without prior written approval from
PT. Bank OCBC NISP Tbk. This material was used by PT. Bank OCBC NISP Tbk.during an oral
presentation; it is not a complete record of the discussion.
33
Executive Summary
• NPAT reached IDR 457 billion or increased by 23% YoY in first quarter 2016
• Total Assets grew 4% YoY at IDR 119 trillion
• Loans outstanding rose 22% YoY to IDR 85 trillion
• Deposits increased 9% YoY to IDR 90 trillion
• LDR ratio was 94.7%, Loan-to-Funding ratio at 88.4%
• Gross NPL stood at 1.4%, remains well below the industry average
• CAR at 18.0%, above the minimum requirement
• Corporate Rating is AAA with stable outlook
• Network Coverage with 339 offices and 753 ATM OCBC NISP
44
Network
Branch 339 Offices
Electronic channelATM, EDC & e-Banking
Call centre
• Jabotabek, Banten (150)
• West Java (61)
• Central Java (24)
• East Java (34)
• Bali, Lombok, Sumatera, Kalimantan, Sulawesi, Others (70)
• 753 ATM OCBC NISP and access to more than 161,000 ATM Network in Indonesia and access to 889 ATM OCBC Group Network in Singapore and Malaysia
• 1,018 EDC OCBC NISP and access over 406,000 EDC Network
• e-Channel OCBC NISP including internet and mobile banking
• Call OCBC NISP 500-999
• Hotline Treasury 08001 111 898
• Corporate Website -www.ocbcnisp.com
55
Income Statement Highlights
IDR billion 1Q15 4Q15 1Q16 ∆∆∆∆QoQ ∆∆∆∆YoY
Net Interest Income 981 1,303 1,423 9% 45%
Non Interest Income 201 316 218 (31%) 9%
Operating Income 1,182 1,619 1,641 1% 39%
Operating Expenses (649) (778) (767) (2%) 18%
Pre Provision Operating Profit 533 841 874 4% 64%
Provision Expense (37) (253) (276) 9% 638%
Non Operating Income / (Expense) - 1 8 NM NM
Profit Before Tax 496 589 606 3% 22%
Net Profit After Tax 372 441 457 4% 23%
66
Financial Position Highlights
Note: 1) Including Placement in Bank Indonesia 2) Exclude Securities purchase under resale agreement 3) Including Sharia products
IDR billion 1Q15 4Q15 1Q16 ∆∆∆∆QoQ ∆∆∆∆YoY
Placement in other Bank (net) 1) 12,341 9,278 1,978 (79%) (84%)
Marketable Securities 2) 18,869 12,003 19,194 60% 2%
Loans (gross) 3) 69,971 85,879 85,122 (1%) 22%
Impairment Allowance (1,476) (1,838) (2,113) 15% 43%
Total Assets 115,022 120,480 119,400 (1%) 4%
Current Account 13,275 22,506 21,162 (6%) 59%
Savings 11,423 13,646 14,063 3% 23%
Time Deposit 57,716 51,128 54,351 6% (6%)
Total Customer Deposits 3) 82,414 87,280 89,576 3% 9%
Borrowings 2,615 2,757 2,652 (4%) 1%
Marketable Securities Issued 5,384 5,392 2,802 (48%) (48%)
Subordinated Bonds 877 878 878 NM NM
Total Liabilities 99,692 104,069 102,472 (2%) 3%
Equity 15,330 16,411 16,928 3% 10%
77
Key Ratios
Note:
1) Loan-to-Deposit calculation and Loan-to-Funding according to guideline from Bank Indonesia
2) Funding includes Customer Deposits, Borrowings, Bonds and Medium Term Notes (MTN)
1Q15 4Q15 1Q16 ����QoQ ����YoY
Net Interest Margin 3.8% 4.7% 5.2% 0.5% 1.4%
Non Int. Income / Operating Income 17.0% 19.6% 13.3% (6.3%) (3.7%)
Cost / Income 54.9% 48.1% 46.7% (1.4%) (8.2%)
ROA 1.8% 1.9% 2.0% 0.1% 0.2%
ROE 9.9% 10.9% 11.0% 0.1% 1.1%
Loan / Deposit 1) 84.6% 98.0% 94.7% (3.3%) 10.1%
Loan / Funding 1) 82.0% 95.4% 92.2% (3.2%) 10.2%
Loan / Funding 2) 76.4% 88.9% 88.4% (0.5%) 12.0%
CASA / Deposit 30.0% 41.4% 39.3% (2.1%) 9.3%
NPL – Gross 1.4% 1.3% 1.4% 0.1% -
NPL – Net 0.8% 0.8% 0.8% - -
Loan Loss Provision (LLP) / NPL 151.9% 164.6% 176.8% 12.2% 24.9%
NOP 1.7% 1.0% 0.8% (0.2%) (0.9%)
CAR 19.2% 17.3% 18.0% 0.7% (1.2%)
Gain from Sale of Marketable
Securities
2016: 23%2015: 35%
Foreign Exchange Gain
(loss)
2016: 9%2015: (18%)
Trade Finance2016: 14%2015: 18%
Bancassurance2016: 9%2015: 9%
Credit Related 2016: 18%2015: 21%
Deposit Administration
2016: 7%
2015: 8%
Others *) 2016: 20%2015: 27%
3.8%3.6%
4.2%
4.7%
5.2%
88
NIM increased to 5.2% in 1Q16 along with diversified Non-Interest Income channels
Net Interest IncomeIDR billion
Non-Interest Income 2016: Rp 218 billion
2015: Rp 201 billion
Non-Interest Income by TypeFirst Quarter
*) Including Wealth Mgt, Remittance, e-channel and Other fee
Net Interest Margin
����
981 968
1,167 1,303
1,423
1Q15 2Q15 3Q15 4Q15 1Q16
54.9%56.8% 55.8%
48.1%46.7%
1,182 1,210 1,262
1,619 1,641
767649 686 705 778
1Q15 2Q15 3Q15 4Q15 1Q16
60% 60% 60% 63% 62%
38%37%40%40%40%
9
Operating Expense and Operating IncomeIDR billion
Operating Income Employee Expense General Administration Expenses
Cost-to-Income Ratio improved to 46.7% in 1Q 2016
Cost to Income Ratio▼▼▼▼
1010
Total loans increased by 22% YoY to Rp 85 trillion on the back of diversified loans growth
Loans CompositionIDR billion
Note: Consumer loans includes Employee loan
Loans by SectorFirst Quarter
Outstanding loans2016: Rp 85,122 billion
2015: Rp 69,971 billion
*) “Others” category Including Consumer loans
41% 42% 42% 43% 43%
42% 42%44% 43% 43%
17%16%
14%14% 14%69,971
74,214 82,081
85,879 85,122
1Q15 2Q15 3Q15 4Q15 1Q16
Working Capital Investment Consumer
Construction2016: 2%2015: 2%
Agricultural & Mining
2016: 12%2015: 8%
Service2016: 18%2015: 21%
Trading2016: 27%2015: 27%
Manufacturing2016: 26%2015: 25%
Others *)2016: 15%2015: 17%
1111
Loans by Geography First Quarter
Loans by CurrencyFirst Quarter
The bank loans were spread over regions which most of economic activities are undertaken
Rupiah2016: 75%2015: 71%
Foreign Currencies2016: 25%
2015: 29%
Outstanding loans2016: Rp 85,122 billion
2015: Rp 69,971 billion
Outstanding loans2016: Rp 85,122 billion
2015: Rp 69,971 billion
Central Java2016: 2%2015: 2%
West Java2016: 13%2015: 14%
Jakarta2016: 61%2015: 58%
East Java2016: 9%2015: 9%
Sumatera2016: 10%2015: 11%
Kalimantan2016: 2%2015: 3%
Sulawesi and Others *)2016: 3%2015: 3%
0.8%0.7%
0.8% 0.8% 0.8%
1212
Loan Collectibility% Outstanding loans
Loan Loss Provision (LLP) / NPL %
Gross NPL was recorded at 1.4%, while Net NPL stoodat 0.8%
Net NPL����
97.3%97.1%
97.3% 97.1% 97.0%
1.3%1.6%
1.4% 1.6% 1.6%
1.4%1.3%
1.3%1.3% 1.4%
69.971 74.214
82.081 85.879 85.122
1Q15 2Q15 3Q15 4Q15 1Q16
Current Special Mention NPL Gross
40.641.6
40.9
40.245.7
151.9161.2
147.2
164.6176.8
111.3 119.6 106.3124.4 131.1
1Q15 2Q15 3Q15 4Q15 1Q16
General Specific
1313
Total CASA represent 39.3% of Third party funds
Deposit CompositionIDR billion
Deposit and Funding by CurrencyFirst Quarter
Total Deposit2016: Rp 89,576 billion
2015: Rp 82,414 billion
Total Funding2016: Rp 95, 908 billion
2015: Rp 91,290 billion
Note: Funding includes Customer Deposits, Borrowings, Bonds and MTN
16% 21% 24% 26% 23%14%
14%15% 16% 16%
70%65%
61% 58% 61%
82,414 84,719 91,200
87,280 89,576
1Q15 2Q15 3Q15 4Q15 1Q16
Current Accounts Savings Time Deposits
Rupiah2016: 69%2015: 62%
Foreign Currencies2016: 31%2015: 38%
Rupiah2016: 69%2015: 63%
Foreign Currencies2016: 31%2015: 37%
84.6%87.3% 89.7%
98.0%94.7%
76.4% 79.0% 81.5%
88.9%88.4%
1414
LDR was 94.7%, while Loan-to-Funding ratio was 88.4% at 1Q 2016
Loan-to-Deposit Ratio▼▼▼▼Loans, Third Party Fund and FundingIDR billion
Note:
1) Funding includes Customer Deposits, Borrowings, Bonds and MTN.
2) Secondary Statutory Reserve was managed at 16.3% level ( vs 4% level of minimum requirement)
▲▲▲▲Loan-to-Funding Ratio
69,971 74,214
82,081 85,879 85,122 82,414
84,719
91,200 87,280
89,576 91,290 93,650
100,397 96,308 95,908
1Q15 2Q15 3Q15 4Q15 1Q16
Loans Deposit Funding
500
750
1,000
1,250
1,500
1,750
-
6,000
12,000
18,000
24,000
30,000
Apr-15 May-15 Aug-15 Jan-16 Mar-16
1515
Rating
PEFINDO
Feb 2016
Corporate Rating idAAA / Stable
Continuous Bonds I idAAA / Stable
Fitch Ratings
April 2016
National Long-term AAA (idn) / Stable
National Short-term F1+ (idn)
Long-term Foreign Currency
Long-term Local Currency
BBB / Stable
A- / Stable
Short-term Foreign Currency F 3
IDR Subordinated Debt AA (idn)
Continuous Bonds I
Viability Rating
Support Rating
AAA (idn)
bb
2
Share Price and Credit RatingsDaily share price and trading volumeNISP IJ
Source: Bloomberg
Share price (Rupiah)Daily trading volume (Thousand)
Ownership StructureAs of 31 March 2016
Number of shares
Ownership
OCBC Overseas
Investment Pte. Ltd*)
9,760,695,612 85.1%
Public 1,711,952,874 14.9%
Total 11,472,648,486 100.0%
ValuationIDR
Mar 15 Jun 15 Sep 15 Dec 15 Mar 16
Share Price 1,400 1,240 1,225 1,275 1,185
PBV 1.1x 0.9x 0.9x 0.9x 0.8x
EPS Quarterly 34 32 32 28 38
Note: *) OCBC Overseas Investment Pte. Ltd is owned by OCBC Bank, Singapore. OCBC Bank is Singapore’s longest established bank (est. 1912) and one of
Asia’s leading financial services groups, with group assets of SGD 390 billion as of 31 December 2015 and employs more than 29,000 staff globally and
has a banking network of over 630 branches and representative offices in 18 countries and territories.
Share Price▼▼▼▼
Source: Bloomberg
17
Business Initiatives
.
Consumer Banking- Intensifying Tanda 360o and Taka campaign to acquire more new customers.
- Intensifying internet and mobile banking campaign to acquire more new users.
- Bank OCBC NISP together with PT Rintis Sejahtera as PRIMA network provider established a
cooperation in the field of electronic banking with the acceptance of UnionPay International at ATMs of
Bank OCBC NISP.
- Launched KPR Kendali: Bundling product of mortgage with savings, which allows customer to control
mortgage through savings.
- Launched Bancassurance products, ie Great Optima Link.
18
Accolade 2016
.
Bank OCBC NISP received the appreciation Padmamitra Award asPrivate Company that conduct Corporate Social Responsibility (CSR)as right target program’s – Padmamitra Award delivered by Jakarta
Provincial Government in January 2016.
1919
Human Capital
Others
• Team-up Senior executive OCBC Bank Singapore in Board ofCommissioners and Board of Directors OCBC NISP.
• Transfer knowledge throughout comprehensive training program,business event, comparative studies, job attachment and guestauditors.
• Provide strong capital support.
• Create synergy in better supporting financing and transactionservice needs for customers.
• Enhance infrastructure, information technology & branch networks.
• Broaden conventional and Islamic banking product suite.
• Bolster process improvement throughout Quality projects.
• Link-up ATM in Singapore and Indonesia.
Supports from Controlling Shareholder
2121
Vision and Mission
Vision
Mission
To be the Bank of choice with world-class standards, recognized for its caring and trustworthiness.
Bank OCBC NISP will conduct its business and will operate as an honorable corporate citizen that grows together with the society in a
sustainable manner.
2222
• Fourth oldest bank in Indonesia was incorporated in 1941.
• Listed its shares on Indonesia Stock Exchange in 1994.
• Transformed the entire organization subsequent to adopted a new name PT Bank OCBC
NISP Tbk. by the end 2008.
• The merger with Bank OCBC Indonesia was completed on 7 February 2011 resulting in
one single banking entity and franchise for the group in Indonesia.
• For over 75th years, the Bank has survived through any Indonesia economic crisis.
• The Indonesia’s eight *) largest private bank at the end of December 2015.
• Currently employs 6,874 dedicated staff to serve customers in 60 cities across Indonesia
throughout 339 offices and 753 ATMs.
• Focus on serving the segment of SME and Retail.
• Solid financial performance with strong capital support as well as resources from OCBC
Bank Singapore.
Fact of OCBC NISP
*) based on unconsolidated publication of national private bank’s financial report as of 31 December 2015.
23
Board of Commissioners as of 31 March 2016Pramukti SurjaudajaChairman– Chairman, Board of Commissioners, Bank OCBC NISP since 2008
– President Director Bank OCBC NISP (1997-2008)
– Director of Bank OCBC NISP (1989-1997)
– Commissioner of Bank OCBC Indonesia (1997-2000)
– Council Member, International & East Asia Council, INSEAD,
France, since 2006
– Non Executive Director at OCBC Bank-Singapore since 2004
Peter Eko SutiosoDeputy Chairman (Independent Commissioner)– Deputy Chairman of Bank OCBC NISP since 1998
– Commissioner Bank OCBC NISP (1997-1998)
– Director of Bank OCBC NISP (1972-1997)
– Active in Perbanas (Indonesian Banking Association) West
Java as Chairman of Perbanas West Java (1983-1988), and
active in BMPD West Java (1977-1990)
Roy Athanas KaraoglanIndependent Commissioner– Commissioner of Bank OCBC NISP since 2003
– As Banking Consultant since 2003.
– Consultant for IFC (2000-2011)
– Associate Director of Credit Review Department, IFC (1998-2000)
– Senior Banking Advisor of IFC (1997-1998)
– Chief Banking Specialist of Central Capital Markets Department,
IFC (1991-1997)
– Senior Banking Specialist for Africa, World Bank (1989-1991)
Jusuf HalimIndependent Commissioner– Independent Commissioner of Bank OCBC NISP since 2006
– Chairman of CPA Examination Board, the Indonesian Institute of
Accountants (2003-2006)
– Chairman of Financial Accounting Standards Committee (1994-1998)
– Member of Advisory Board, the Indonesian Tax Accountants
Compartment (2014-2016)
– Member of Honorary Board-the Indonesian Institute of Audit
Committee (2013-2016)
Lai Teck Poh (Dua Teck Poh)Commissioner– Commissioner of Bank OCBC NISP since 2008
– Non Executive Director in OCBC Bank (Malaysia) Bhd since
2011
– Director in OCBC Bank Ltd since 2010
– OCBC Bank Ltd (1988-2010) with latest management
position as Head, Group Audit
– Managing Director, Citicorp Investment Bank (Singapore)
Ltd (1986-1987)
Kwan Chiew ChoiIndependent Commissioner– Commissioner Bank OCBC NISP since 2011
– Independent Commissioner of Bank OCBC Indonesia (2008-
2010)
– Senior Vice President & Head Credit Control and Approval,
OCBC Bank Ltd (1987-2008)
– Vice President of Corporate Banking, First National Bank of
Chicago (Singapore) (1984-1987)
– Loans Department Manager of Sumitomo Bank Ltd,
Singapore Branch (1973-1982)
Samuel Nag TsienCommissioner– Commissioner of Bank OCBC NISP since 2012
– Director of Wing Hang Bank, Limited since August 2014
– Director of Mappletree Investments Pte. Ltd. since March 2014.
– Chairman of the Association of Banks in Singapore since June 2013
– Joined OCBC Bank Ltd in 2007 and appointed as Group Chief
Executive Officer since April 2012 and as Director since February 2014
– Director of OCBC Bank (Malaysia) Berhard, OCBC Al-Amin Bank
Berhard, Great Eastern Holdings Ltd, and OCBC Overseas Investments
Pte. Ltd since April 2012
– Chairman of OCBC Bank (China) Ltd. since October 2012
– President and Chief Executive Officer of Bank of Amerika (Asia)
Hongkong, from1995-2006
Hardi JugandaCommissioner– Commissioner of Bank OCBC NISP since July 2012
– Director Bank OCBC NISP (1997-May 2012)
– Head Positions in various branches and divisions of Bank
OCBC NISP (1985-1997)
24
Parwati SurjaudajaPresident Director & CEO– President Director of Bank OCBC NISP since December 2008
– Deputy President Director Bank OCBC NISP (1997-2008)
– Director of Bank OCBC NISP (1990-1997)
Board of Directors as of 31 March 2016
Yogadharma RatnapalasariManaging Director– Director of Bank OCBC NISP since 2003
– Assistant Director Bank OCBC NISP (1997- 2002)
– Commissioner of PT NISP Sekuritas (2000-2003)
– Head Positions in various divisions of Bank OCBC NISP
(1988-1997)
Rama Pranata KusumaputraManaging Director– Director of Bank OCBC NISP since 2006
– Assistant Director of Bank OCBC NISP (2005-2006)
– Region II Coordinator of Bank OCBC NISP (2001-2005)
– Has experience in various positions in Bank Bali (1990-2000)
with last position as General Manager
Emilya TjahjadiManaging Director– Director of Bank OCBC NISP since 2011
– Director of Bank OCBC Indonesia (2009-2010)
– SVP and Head Commercial Banking MME at HSBC, Jakarta
(2003-2009)
– American Express Bank Ltd., Jakarta (1996-2002) with last
position as Director of Corporate Banking
– Standard Chartered Group, Jakarta & Singapore (1991-1996)
with last position as Senior Relationship Manager
HartatiManaging Director (Independent Director)– Director of Bank OCBC NISP since 2011
– Chief Financial Officer of Bank OCBC NISP (2010-2011)
– Assistant Director of Bank OCBC NISP (2008-2010)
– Accounting & Finance Division Head Bank OCBC NISP (2006-2008)
– General Manager Bank OCBC NISP (2005-2006)
– Bank Mandiri (2001-2005) with last position as Accounting Group
Head (Senior Vice President)
– Bank Bali (1984-2000) with last position as Financial Control
Department Head (Vice President)
Andrae Krishnawan W.Managing Director– Director of Bank OCBC NISP since 2013
– Senior Corporate Executive Bank OCBC NISP (2009-2013)
– Assistant Director of Bank OCBC NISP (2007-2009)
– The Staff Director Bank OCBC NISP (2006-2007)
– Has experience in various positions in Bank International
Indonesia (1991-2006) with last position as Regional Head for
the last 7 years
Martin WidjajaManaging Director– Director of Bank OCBC NISP since 2012
– SVP & Head of International and Large Local Corporation in HSBC
(2010-2012)
– Senior Vice President, Commercial Banking, HSBC (2006-2010)
– Vice President, Commercial Banking (2004-2006) and Corporate &
Institutional Banking (2003-2004), HSBC
– Assistant Vice President Corporate & Institutional Banking, HSBC
(2002-2003)
– Manager Corporate Banking, HSBC Surabaya (2000-2002)
Johannes HusinManaging Director– Director of Bank OCBC NISP since 2013
– Treasurer Bank OCBC NISP (2011-2013)
– Executive Vice President, Head of Trading & Sales Bank Danamon
(2008-2011)
– Executive Director – JP Morgan Chase Bank (2005-2008)
– Senior Vice President, Head of Trading Bank Danamon (2004-2005)
– Vice President, Senior Interest Rate Trader-Standard Chartered
Bank (2000-2004)
– Currency Forward Trader-ABN Amro Bank (1998-2000)
– Foreign Exchange Trader-Bank Dagang Nasional Indonesia (1997-
1998)
25
Board of Directors as of 31 March 2016 (Cont’d)
Low Seh Kiat (Thomas) Managing Director– Director of Bank OCBC NISP since 2013
– National Emerging Business Head Bank OCBC NISP (2010-
2013)
– Vice President, Business Head of Emerging Business OCBC
Bank, Singapore (2005-2010)
– VP, Head of Program Management & Marketing OCBC Bank,
Singapore (2004-2005)
– VP-GE Commercial Financing (S) Ltd, Singapore (2001-2004)
– Has experience in various head positions in Heller Factoring
(S) Ltd, Singapore (1995-1997) and Heller Asia Capital (S)
Ltd, Singapore (1998-2000)
– Sales Manager – D&D International Enterprise Ltd, USA
(1992-1994)
Joseph Chan Fook OnnManaging Director–Director of Bank OCBC NISP since 2014
–OCBC Group Risk Management (Feb-Mar 2014)
–Head of Internal Audit Division, OCBC Bank Malaysia Bhd
(2010-Jan 2014)
–Head of Internal Audit Division, Bank OCBC NISP – Jakarta
(2006-2010)
–Senior Audit Manager – Consumer Credit Review, OCBC
Bank – Singapore (2004-2006)
–Audit Manager, Standard Chartered Bank – Singapore (2000-
2003)
–Have more than 19 years banking experience especially in
Internal Audit.
2626
Corporate Development
PT. Bank OCBC NISP Tbk
OCBC NISP Tower, 15th Floor
Jl. Prof. Dr. Satrio Kav. 25, Jakarta 12940
Phone : +62 21 255 33 888
Fax : +62 21 579 44 000
Website : www.ocbcnisp.com
Email : [email protected]