Review of 1 st Quarter, 2012
|
|
- Clara Foster
- 8 years ago
- Views:
Transcription
1 Review of 1 st Quarter, 2012 ANALYST MEETING, 26 APRIL, 2012 Deepak Sarup, CFO
2 Agenda Page 1. Review of Result 1Q Future Positioning Targets 25 IMPORTANT DISCLAIMER: Information contained in this document has been prepared from several sources and the Bank does not confirm the accuracy and completeness of such data, particularly where the data is sourced from outside the Bank. In addition, any forward looking statements are subject to change as a result of market conditions and the finalresult may be different to that indicated. The Bank makes no representation or warranty of any type whatsoever on the accuracy or completion of the information contained herein. The 1Q12 results are based on unreviewed financial statements and are subject to change following a review by the auditors. Page 2
3 1Q12 A RECORD QUARTER 2011 ACTUAL PROFITABILITY LOAN COST AND INCOME ASSET QUALITY CAPITAL DISTRIBUTION 2012 TARGETS 1Q12 ACTUAL ROE 18.4% 1/ 17-19% 21.6% ROA 1.9% 1/ % 2.2% NIMs 3.26% 3%+ 2/ 3.15% Total loan growth (yoy) 22.1% 12-14% 19.6% Non-NII growth (yoy) 20.7% 1/ ND 12.4% 1/ Net fee & insurance premium growth 26.8% 15%+ 9.2% Cost to income 42.9% 1/ 43-44% 39.6% NPLs(gross) 2.61% 2.5% 2.39% Capital Adequacy Ratio 14.5% ND 15.6% Tier I 11.2% ND 10.7% Branches 1,094 1,150+ 1,103 ATMs 8,459 8,500+ 8,536 1Q12 RESULT (Highlights) -Record high quarterly net profit ofbaht 10.3 billion(growth of 29.4% yoy) 1/ -Sharp loan growth of 19.6% yoyacross all business segments with significant gains in SME and Auto loans - Strong Non-NII growth in net insurance premium and net trading income -NPLsdropped to 2.39% of total loans despite the flood impact in the previous quarter = On track to target or higher ND = Not disclosed 1/ Excluding Bt 5.1bn one-time investment revaluation gain on acquisition of additional shares in SCB Life. If this gain was included, the 2011 Net Profitwould stand at Bt 36.3billion, the ROE at 21.3%, ROA at 2.2%, Non-NII growth at 37.9%, and Cost-to-income at 40.5%. 2/ Depends on the interest rate environment. Page 3
4 PERFORMANCE HIGHLIGHTS Page 1. Record Net Profit Robust loan growth across all segments Improved asset quality Robust fee income and insurance premium growth Strong deposit growth Effective cost control Solid capital base 15 Page 4
5 RECORD HIGH NET PROFIT WITH HIGH ROE & ROA Record Profits Net profit 1/ increased by 29.4% yoyin 1Q12 to Baht 10.3 billion, while operating profit increased by 24.8% yoyto Baht 14.7 billion Robust profitability with high ROE and ROA Net Profit (Baht billion) 1/ % yoy 1/ +53.5% qoq 10.3 ROE (Percentage) 1/ 19.5% 18.8% 19.0% 14.8% 21.6% Operating profit (Baht billion) +24.8% yoy 1/ +31.9% qoq ROA (Percentage) 1/ / 2.1% 2.0% 1.9% 1.5% 2.2% 1/ Excluding Bt 5.1bn one-time investment revaluation gain on acquisition of SCB Life shares. If this gain was included, the 1Q11 Net Profit would stand at Bt 13.1bnand Operating Profit at Bt 16.8bn, while 2011 ROE would stand at 31.9%and ROA at 3.4%. Page 5
6 ROBUST LOAN GROWTH, BALANCED ACROSS ALL SEGMENTS, INDICATIVE OF THE RECOVERY OF THE THAI ECONOMY AND STRONG FRANCHISE POSITION OF SCB Robust Loans Growth Loan growth of 19.6% yoywas broad-based while the qoqexpansion was mainly from SME and auto hire purchase segments, which were the direct result of SCB s market share growth strategies Loans 1/ (Baht billion) 1, % yoy +4.4% qoq 1,177 1,239 1,293 1,349 Wholesale Loans 1/ (Baht billion) SME Loans 1/ (Baht billion) Market Share Top % yoy Market Share # % yoy +2.2% qoq +7.0% qoq Loans breakdown 1/ (as at Mar 31, 2012) Wholesale 41.1% SME 18.9% Retail 40.1% Retail Loans 1/ (Baht billion) % yoy, +5.5% qoq Others 2/ +24.7% yoy, -3.4% qoq Auto +42.1% yoy, +10.1% qoq (market share 15.9% 3/,#4) Housing +18.2% yoy, +5.4% qoq (market share 31% 4/, #1) 1/ Includes loans classified as NPLs 2/ Others includes mainly credit cards and unsecured consumer loans 3/ Market share among the top 5 auto loan lenders, excluding captive finance companies), as of March / Market share for mortgage portfolio amongst commercial banks, comprising of housing loans and consumer loans secured with a mortgage, as of December 2011 Page 6
7 RESULTING IN STRONG GROWTH IN NII The growth in NII yoywas the result of strong loan growth, the higher interest rates, and the higher interest income from investments. Higher NII The improvements in yield on loans have led to higher net interest margin, despite the pressure on the cost of funds Net Interest Income (Baht billion) % yoy +5.3% qoq 14.2 Yield of Earning Assets, NIM and Cost * (Percentage) Yield on Earning Assets Net interest margin Cost of funds 4.40% 4.77% 5.27% 5.27% 5.28% 3.09% 3.28% 3.33% 3.14% 3.15% % 1.76% 2.28% 2.49% 2.51% * In this quarter, the Bank started to accrue for the additionaldeposit protection fee on deposits and certain types of borrowings as will be formally announced by the regulatory bodies. Yield on loans by BU Wholesale SME Retail 4.2% 4.5% 5.0% 5.1% 5.2% 6.0% 6.4% 6.7% 6.9% 7.1% 6.0% 6.2% 6.4% 6.5% 6.7% Page 7
8 ASSET QUALITY CONTINUED TO IMPROVE AS SHOWN BY LOWER NPLs, WHILE COVERAGE ALSO INCREASED Improved Asset Quality NPLsfell to 2.39%, the lowest level in over a decade, due to proactive work-out practices, and the Bank s preemptive strategies to prevent new NPL formation. The improvement was broad based. (As a result of regulatory forbearance the full impact of the flood related NPLsis not yet reflected in the reported data at 31/03/2012. The Bank expects the NPLsmay rise in the bps range as and when the normal rules are applied again.) Gross NPL ratio & NPL Coverage ratio (Percentage) 8% 5% 3% 0% 110.6% 3.05% NPL Coverage ratio Gross NPL% 127.1% 2.61% 131.6% 2.39% The Bank has set the normalized level of provisions at Bt 1.5bn for each quarter in 2012 as a cushion against the impact of the continued dislocation in the global capital markets which may impact the Thai economy, and the consequence of the severe floods in the 4Q11 which may be manifest later in the year. Provisions (Baht billion) * * +70.1% yoy -52.9% qoq NPL by Segment Wholesale SME 2.6% 8.2% Retail 2.3% 2.3% 2.8% 2.3% 2.1% 7.3% 2.2% 6.2% 5.7% 5.3% 1.8% 1.9% 1.9% Credit Costs (bps) * Includes additional one-time provisions of Baht 1 billion in 3Q11 and Baht 2.3 billion in 4Q11. Page 8
9 STRONG AND INDEPENDENT RISK MANAGEMENT Effective Risk Management An effective Risk Management function The Bank has a robust Risk Management Framework with a corresponding governance structure, to ensure that risks are managed efficiently and effectively. The Risk Management Group reports directly to the President and is independent of the origination units. Over the past 9 years, the risk management group has not only grown in size but has, in addition, acquired the analytical and modeling capability necessary to monitor risk effectively. The Bank s effective credit risk management process has contributed to a steady improvement in asset quality, with the gross NPL ratio improving from 5.14% in 2008 to 2.39% as of March 30, has resulted in the highest ratings among Thai financial institutions Long-Term Foreign Currency Senior Unsecured Note 1/ Outlook BFSR 2/ Baa1 A3 Stable C- BBB+ BBB+ Stable - 3/ BBB+ BBB+ Stable C 1/ Rating assigned to the Bank s USD2.5bn Euro Medium Term Note (EMTN) program issued in / Bank Financial/Fundamental Strength Ratings 3/ S&P no longer assigns BFSR ratings to banks with effect from December 6, 2011 Page 9
10 STEADY NON-NII GROWTH MOMENTUM Strong Non-NII Non-NII, excluding gain on investment in 1Q11, has increased +12.4% yoyowing to higher net fee and insurance premium income, net trading income, and higher gain on investment. Non-Interest Income (Baht billion) 14.1 Gain (Loss) on Investment % yoy +23.2% qoq 10.1 (excluding one-time gain on investment) Other income 1/ Gain on trading and FX Net fee and Net insurance premium 2/ 45% 3/ 40% 42% 38% 42% Non-NII % to total operating income 32% 3/ 30% 32% 27% 29% Net fee and net insurance premium % to total income 1/ Other income includes income from equity interest in affiliatedcompanies, dividend income, and other operating income. 2/ From March 2011, bancassurancefee from SCB Life is eliminated on consolidation and reflected under net insurance premium hence it has been restated for other quarters to facilitate comparison. 3/ Excluding Bt 5.1bn one-time investment gain on SCB Life. If this gain was included, thenon-nii % to total operating income would stand at 56% and Net fee and insurance premium income % to total income at 26%. Page 10
11 ANCHORED ON CONTINUED GROWTH IN FEE INCOME Higher Fee and Insurance Premium Income Net fee and insurance premium income grew 9.2% yoyfrom a stronger focus on fee based activities in all business segments Wholesale, SME, and Retail The yoygrowth was mainly driven by higher fee income from insurance products, loan related fees, and card business Net Fee and Insurance Premium by BU (Baht billion) 68% 8% 23% % Share Q11 72% 12% 16% % Share % yoy Q12 Wholesale -25.7% yoy 1/ SME +58.5% yoy Retail +15.3% yoy 1/ The yoydecrease in wholesale fee income was largely caused by a decline in corporate finance fees due to the absence of large deals in the current quarter. Net Fee and Insurance Premium Breakdown (Percentage) Others 2/ Loan related fee Mutual fund Bancassurance and net insurance premium GMTS 3/ Bank cards 12.2% 11.4% 10.0% 14.2% 10.8% 24.5% 18.7% 23.9% 1Q11 9.3% 28.2% 11.5% 25.5% 1Q12 2/ Others include brokerage fee, fund transfer, remittance, etc. 3/ GMTS stands for Global Markets and Transaction Services, which includes cash management, trade finance, corporate finance and corporate trust Page 11
12 STRONG DEPOSIT FRANCHISE SUPPORTIVE OF LOAN GROWTH Strong Deposit/BE Growth Deposits and Bills of Exchange (BE) 1/ continued to grow despite a large drop in BE given the new regulatory requirement under which banks will be required to pay deposit protection fee on BE. SCB therefore has curtailed the growth or renewal of BE, resulting in a 42.6% qoqdecline in BE in 1Q12. Some of these BE have been channeled to the Bank s deposit products on maturity. Total Deposits + BE (Baht billion) 1,185 1,270 1,365 1, % yoy +2.3% qoq 1,433 Deposits (Baht billion) 1, , ,116 1, , % yoy +10.5% qoq Current Savings Fixed Bills of Exchange (Baht billion) % yoy -42.6% qoq CASA Current & Savings Accounts (%) % 59% 58% 56% 54% 1/ Bill of Exchange is a borrowing instrument and is akin to an uninsured deposit in the Thai market. Page 12
13 LIQUIDITY REMAINS AT A COMFORTABLE LEVEL The Bank s loan to deposit + BE 1/ ratio rose slightly in 1Q12, while the loan to deposit ratio improved as the Bank shifted its focus away from the BE products and towards deposits. Ample Liquidity The Bank monitors its liquidity daily and has set its minimum liquidity ratio (liquid assets divided by total deposits and BE) at 20%. This is well in excess of the regulatory threshold. Loan to Deposit Ratio Liquidity Ratio 115% 28% 26.3% 105% Loan to Deposit 103.1% 25% 94%-96% 95% 85% Loan to Deposit + Bills of Exchange (BE) 1/ Q % The Bank expects deposits (including BE) to grow in tandem with loan growth in order to keep LDR within a comfortable range. 1/ BE or Bills of Exchange are included in deposits as they are essentially akin to uninsured deposits 22% 20% 19% Liquid assets primarily comprise cash, deposits and bilateral repo with the Bank of Thailand as well as investment in government securities Page 13
14 IMPROVING COST TO INCOME RATIO Effective Cost Control Operating expenses rose 16.9% yoyreflecting full consolidation impact of SCB Life (vs. one monthin 1Q11) and SICCO together with investments in network and capabilities to support business growth. Nevertheless, given strong total income, cost to income ratio fell to 39.6% from 41.2% in 1Q11 Operating Expense (Baht billion) +16.9% yoy -8.8% qoq Cost-to-Income Ratio (Percentage) / 41.2% 42.0% 39.8% 48.7% 39.6% 1/ Excluding the one-time investment gain in 1Q11. If this gain is included, the costto income ratio would stand at 32.9%. Page 14
15 STRONG CAPITAL BASE TO SUPPORT GROWTH AND EMERGING REGULATORY REQUIREMENTS The Bank believes its solid capital position will provide the flexibility to grow its business in a timely manner as growth opportunities arise in the quarters to come, in addition to providing a cushion against unexpected shocks Capital Base Capital Adequacy Ratio (Bank only) Basel II Standardized Approach Tier II Tier I 14.6% 14.4% 15.0% 14.5% 15.6% 1/ 3.8% 3.7% 3.6% 3.4% 4.9% 10.8% 10.7% 11.4% 11.2% 10.7% 1/ Should the 2H11 net profit after dividend be taken into consideration, CAR would stand at 16.1%, while Tier I would stand at 11.2%. Page 15
16 SCB RETAINS A STRONG COMPETITIVE POSITION AMONGST THE BIG THAI BANKS Highest Net Profit (Consolidated, Baht billion) Highest ROA (Percentage) Competitive Positioning 1Q12 Net profit 1Q12 ROA % 1.5% 2.0% 2.2% KTB BBL KBANK SCB Source: Commercial banks 1Q12 financial results Highest Market Cap (Baht billion) High ROE (Percentage) KTB BBL KBANK SCB Source: Commercial banks 1Q12 financial results Market Cap. as at Mar 30, Q12 ROE 13.0% 19.2% 21.6% 22.4% KTB BBL KBANK SCB Source: Stock Exchange of Thailand s website BBL KTB SCB KBANK Source: Commercial banks 1Q12 financial results 1/ Excluding one-time investment gain on SCB Life recorded in 1Q11. If such gain was included, the Net Profit would stand at Bt 36.3bn, ROA at 2.2%, and ROE at 21.3%. Page 16
17 SCB RETAINS A STRONG COMPETITIVE POSITION AMONGST THE BIG THAI BANKS (cont d) Highest Loan Growth(1Q12 vs. 1Q11) (Percentage) Highest Proportion of Non-NII(1Q12) (Percentage) Competitive Positioning 12.6% 14.4% 15.7% 19.6% Non Interest Income to Total Income 1/ 26.8% 36.8% 39.8% 41.7% KBANK KTB BBL SCB Source: Commercial banks 2011 financial results KTB BBL KBANK SCB Source: Commercial banks 2011 financial results Lowest Cost to Income Ratio(1Q12) (Percentage) Largest Branch & ATM Networks (as at Mar 30, 2012) 47.3% 41.4% 40.8% 39.6% # of Branches # of ATMs 993 1,033 1,103 * 6,878 7,491 7, ,536 KTB KBANK BBL SCB Source: Commercial banks 2011 financial results 1/ Including net insurance premiums less net insurance claims KBANK BBL KTB SCB BBL KBANK KTB * KTB sas of end-feb 2012 Source: Bank of Thailand s website, National ITMX Company SCB Page 17
18 Agenda Page 1. Review of Result 1Q Future Positioning Targets 25 Page 18
19 MACRO TRENDS FORECAST FOR 2012 Macro Estimates (%) 1/ 2011 Key drivers 2012 Comment and outlook Thai GDP growth will be driven more from domestic demand recovery following the floods in the last quarter, and less from exports due to a weaker global economy Government policies on wage and energy as well as increases in spending will keep pressure on inflation No further cuts as the economic recovery is gaining pace. Upside risk still minimal since core inflation is projected to remain within the target range of BoT. Long term trend of USD weakening against Asian currencies should continue, but with short term volatility from risk aversion. Loan growth will moderate from the exceptional growth last year, but remain robust from the need to repair and rebuild after flood. Headwinds include: more competition from SFI, lower current account surplus, and new FIDF fee imposed on B/E. 1/ %YOY except for policy rate (% per annum) and exchange rate (THB/USD) Source: SCB EIC analysis as of April 2012 based on data from theministry of Commerce, Bank of Thailand, and Office of the National Economic and Social Development Board Page 19
20 KEY DELTA GROWTH DRIVERS OVER THE NEAR TERM (CONTINUING THE MOMENTUM FROM 2011) Delta Growth Major current initiatives to obtain market share growth, over and above business as usual: Wholesale Continued expansion of market share, particularly in terms of fee income from the larger enterprises in this segment SME Gain further momentum from new SME business model, centered around gaining market share in the smaller end of this segment Auto Loans Expansion of market share in the auto hire-purchase segment with the aim to be the #1 originator within 2-3 years, with a strong focus in 2012 on used car loans Page 20
21 SUSTAIN MOMENTUM IN CAPTURING HIGHER MARKET SHARE IN THE WHOLESALE SEGMENT Delta Growth Wholesale WHOLESALE Wholesale Loans 1/ (Baht billion) EXISTING POSITION Among the top 3 in wholesale lending FUTURE POSITION Market leading position in most fee-based products Remain as a top 3 lender Market Share Top % yoy +2.2% qoq 554 STRATEGIC THRUST: Continued push to capture more wallet-share of fee income in the large enterprise segment Greater focus on capturing a clients value chain product clusters or supply chain network In-depth expertise in specific segments to develop compelling customer propositions and solutions Upgrade service delivery platforms to enhance user experience 1/ Includes loans classified as NPLs Wholesale Fee Income (Baht billion) Lower number of large deals in 1Q12 as compared to 1Q11 and 3Q % yoy -0.4% qoq Page 21
22 CONTINUED EXPANSION OF MARKET SHARE IN THE SME SEGMENT Delta Growth SME SME SME Loans 1/ (Baht billion) EXISTING POSITION Ranked #4 in the market FUTURE POSITION Ranked top 3 in the market Increase the SME loan volume with substantial uplift in fee income Market Share # % yoy +7.0% qoq 255 STRATEGIC THRUST: Develop deepercustomer insights, particularly in terms of customer behavior and financial needs at each life stage of a business Adopt a solution based approach to address the current and future financial needs of each customer segment, with a strong focus on fee income Enhance SME risk management capabilities by balancing risk and returns and monitoring to ensure growth has sustained profitability 1/ Includes loans classified as NPLs SME Fee Income (Baht billion) % yoy +59.6% qoq 0.9 Page 22
23 MAINTAIN LEADING POSITION IN KEY RETAIL PRODUCTS AND CONTINUE TO BUILD MARKET SHARE IN AUTO LOANS, PARTICULARLY USED CARS RETAIL Housing Loans (Baht billion) Delta Growth Retail EXISTING POSITION Leading positions in Mortgage, Credit Cards, Bancassurance STRATEGIC THRUST: FUTURE POSITION Maintain leading position in key products #1 in terms of loan origination for Auto loans Continue to build market share in auto loans with an emphasis on the used car segment Stronger focus on key customer segments through offering a differentiated proposition for each segment Further enhance product businessesthrough innovation in the product and delivery platform Increase productivity (end-to-end) of operations Hire Purchase (Auto loans and others) 2/ (Baht billion) Market Share 15.9% 2/3/, # Q11 Market Share 31% 1/, # % yoy 1Q12 1Q % yoy Q Q11 +14% yoy 1Q % yoy, +5.4% qoq 336 1Q11 +20% yoy 164 1Q Q11 KK SCB TISCO BAY TCAP +15% yoy 1Q12 1/ Market share for mortgage portfolio amongst commercial banks, comprising of housing loans and consumer loans secured with a mortgage, as of December / SCB sfigures are for auto loans only while other banks' figures include other types of hirepurchase loans:plant, machinery, equipment, motorcycle, and loan facilities to dealers. 3/ Market share among the top 5 auto loan lenders, excluding captive finance companies, as of March 2012 Page 23
24 Agenda Page 1. Review of Result 1Q Future Positioning Targets 25 Page 24
25 2012 ASPIRATIONS ~BASICALLY, WE CONFIRM OUR 2012 TARGETS 2011 ACTUAL PROFITABILITY LOAN 2012 TARGETS 1Q12 ACTUAL ROE 18.4% 1/ 17-19% 21.6% ROA 1.9% 1/ % 2.2% NIMs 3.26% 3%+ 2/ 3.15% Total loan growth (yoy) 22.1% 12-14% 19.6% COST AND INCOME ASSET QUALITY CAPITAL Non-NII growth (yoy) 20.7% 1/ ND 12.4% 1/ Net fee & insurance premium growth 26.8% 15%+ 9.2% Cost to income 42.9% 1/ 43-44% 39.6% NPLs(gross) 2.61% 2.5% 2.39% Capital Adequacy Ratio 14.5% ND 15.6% Tier I 11.2% ND 10.7% DISTRIBUTION Branches 1,094 1,150+ 1,103 ATMs 8,459 8,500+ 8,536 = On track to target or higher ND = Not disclosed 1/ Excluding Bt 5.1bn one-time investment revaluation gain on acquisition of additional shares in SCB Life. If this gain was included, the 2011 Net Profitwould stand at Bt 36.3billion, the ROE at 21.3%, ROA at 2.2%, Non-NII growth at 37.9%, and Cost-to-income at 40.5%. 2/ Depends on the interest rate environment. Page 25
26 IMPORTANT DISCLAIMER: Information contained in this document has been prepared from several sources and the Bank does not confirm the accuracy and completeness of such data, particularly where the data is sourced from outside the Bank. In addition, any forward looking statements are subject to change as a result of market conditions and the finalresult may be different to that indicated. The Bank makes no representation or warranty of any type whatsoever on the accuracy or completion of the information contained herein. The 1Q12 results are based on unreviewed financial statements and are subject to change following a review by the auditors. Page 26
2 nd Quarter, 2012 Results ANALYST MEETING, 27 JULY, 2012
2 nd Quarter, 2012 Results ANALYST MEETING, 27 JULY, 2012 Agenda Page 1. Review of Result 2Q12 3-19 2. Future Positioning 21-25 3. 2012 Targets 27 IMPORTANT DISCLAIMER: Information contained in this document
More informationSCB Announces its First Quarter, 2009 Financial Results Despite Adverse Headwinds, a Beacon of Strength & Resilience
Press Release: 20 April, 2009 SCB Announces its First Quarter, 2009 Financial Results Despite Adverse Headwinds, a Beacon of Strength & Resilience Bangkok: The global economic turmoil shows no signs of
More informationHow To Understand The Turkish Economy
BRSA Bank Only Macro Outlook Q1 GDP growth at 3.2%, mostly backed by net exports. Budget deficit was TRY 6.7 billion in H1 12, one third of Latest GDP figure is supportive of the soft landing the government
More informationISBANK EARNINGS PRESENTATION 2016 Q1
ISBANK EARNINGS PRESENTATION 2016 Q1 2016 Q1 Recent Developments in the Economy Binler Global Outlook Main Indicators of Turkey US EA Moderate expansion in the US economy Solid labor market data Still
More informationSBERBANK GROUP S IFRS RESULTS. March 2015
SBERBANK GROUP S IFRS RESULTS 2014 March 2015 SUMMARY OF PERFORMANCE FOR 2014 STATEMENT OF PROFIT OR LOSS Net profit reached RUB 290.3bn (or RUB 13.45 per ordinary share), compared to RUB 362.0bn (or RUB
More informationYE08 Consolidated Financial Results. February 13, 2009
YE08 Consolidated Financial Results February 13, 2009 1 We support our strategy with strong risk management Proven risk management track record and the highest credit ratings given to a bank in Turkey
More informationSberbank Group s IFRS Results for 6 Months 2013. August 2013
Sberbank Group s IFRS Results for 6 Months 2013 August 2013 Summary of 6 Months 2013 performance: Income Statement Net profit reached RUB 174.5 bn (or RUB 7.95 per ordinary share), a 0.5% decrease on RUB
More informationPerformance of the Thai Banking System in the First Quarter of 2015
No. 26/2 Performance of the Thai Banking System in the First Quarter of 2 Mr. Jaturong Jantarangs, Senior Director, Financial Institutions Policy Group, reported the Thai banking system s performance in
More informationChile. First Half 2015. July 30, 2015
1 Chile First Half 2015 July 30, 2015 Disclaimer 2 Banco Santander Chile caution that this presentation contains forward looking statements within the meaning of the US Private Securities Litigation Reform
More informationFirst Quarter 2011 Update. Ta Chong Bank
First Quarter 2011 Update Ta Chong Bank Disclaimer The presentation contained within is not reviewed or reviewed by any accountant or any independent third party. While Ta Chong Bank endeavor to provide
More informationQ3 2014 IFRS Results. November 2014
Q3 4 IFRS Results November 4 Important Notice By attending the meeting where the presentation is made, or by reading the presentation slides, you agree to the following limitations and notifications and
More informationMr. N. S. Kannan s opening remarks for analyst call on January 28, 2016
Mr. N. S. Kannan s opening remarks for analyst call on January 28, 2016 Good evening and welcome to the conference call on the financial results of ICICI Bank for the quarter ended December 31, 2015, that
More informationIntroduction to mbank Group The most successful organic growth story in Poland
Introduction to mbank Group The most successful organic growth story in Poland August 2015 mbank Group in a snapshot General description Key financial data (PLN M) Set up in 1986, mbank (originally BRE
More informationBusiness and Financial Highlights Nine Months Ended December 31, 2014. Shinsei Bank, Limited January 2015
Business and Financial Highlights Nine Months Ended December 31, 214 Shinsei Bank, Limited January 215 Table of Contents Q3 FY214 Results: Key Points ------------------------------------------ Q3 FY214
More informationE.SUN FHC Financial Review of 1Q 2015
E.SUN FHC Financial Review of 1Q 2015 May 2015 Disclaimer This Presentation is provided by E.SUN Financial Holding Co., Ltd. ( E.SUN FHC ). E.SUN makes no guarantee or warranties as to the accuracy or
More informationKINDLY REFER TO THE LAST PAGE OF THIS PUBLICATION FOR IMPORTANT DISCLOSURES
25 July 2014 2QFY14 Results Review Public Bank ROE likely to continue to trend lower moving forward INVESTMENT HIGHLIGHTS Modest growth in net income in 1HFY14 of 3.5%yoy. Group loan growth decent at 9.9%
More informationGFNORTE 4Q13 Results. Conference Call January 31 st, 2014.
GFNORTE 4Q13 Results Conference Call January 31 st, 2014. Material Events Grupo Financiero Banorte advanced the payment of ordinary dividends corresponding to the first semester of 2014. The Ordinary General
More informationKhambatta Securities Ltd.
Attractive Valuation Strong Buy Sector : Bank Private Target Price : Rs 284 Current Market Price : Rs 230 Market Cap : Rs 1,337 bn 52-week High/Low : Rs 393/216 Daily Avg. Volume : 13.88 mn Shares in issue
More informationSecond Quarter 2015 Trading Update. 28 September 2015
Second Quarter 2015 Trading Update 28 September 2015 Disclaimer This communication and the information contained herein has been approved by the Board of Directors of Eurobank Ergasias S.A. ( Eurobank
More informationChina Merchants Bank Co., Ltd. 2013 Annual Results Announcement
China Merchants Bank Co., Ltd. 2013 Annual Results Announcement Forward-Looking Statement Disclaimer This presentation and subsequent discussions may contain forward-looking statements that involve risks
More information2012 Interim Results 2012.08.23
2012 Interim Results 2012.08.23 1 Forward-Looking Statement Disclaimer This presentation and subsequent discussions may contain forwardlooking statements that involve risks and uncertainties. These statements
More informationH1 2015 IFRS Results. August 2015
H 5 IFRS Results August 5 Disclaimer By attending the meeting where the presentation is made, or by reading the presentation slides, you agree to the following limitations and notifications and represent
More informationColleen Johnston Group Head Finance & CFO TD Bank Financial Group. Citi Financial Services Conference
Colleen Johnston Group Head Finance & CFO TD Bank Financial Group Citi Financial Services Conference January 28, 2009 Caution regarding forward-looking statements From time to time, the Bank makes written
More informationTCS Group Holding PLC Announces 1Q 2015 IFRS Results
TCS Group Holding PLC Announces 1Q 2015 IFRS Results Moscow, Russia 8 June 2015. TCS Group Holding PLC (TCS LI) (the Group ), Russia's leading provider of online retail financial services, including Tinkoff
More informationE.SUN FHC Financial Review of 3Q 2015
E.SUN FHC Financial Review of 3Q 2015 Nov. 2015 Disclaimer This Presentation is provided by E.SUN Financial Holding Co., Ltd. ( E.SUN FHC ). E.SUN makes no guarantee or warranties as to the accuracy or
More information2014 Annual Results Announcement
214 Annual Results Announcement Hong Kong 27 March 215 Disclaimer This document may contain time-sensitive information which is only current as of the date of publication. In addition, this document may
More informationGFNORTE 3Q14 Results. Conference Call October 24, 2014.
GFNORTE 3Q14 Results Conference Call October 24, 2014. Material Events Shareholders' Assembly GFNorte held an Ordinary General Shareholders' Meeting on October 22 nd. The company s capital that was represented
More information2013 Annual Results. D. Francisco Gómez Martín CEO. Madrid, January 31 st, 2014
2013 Annual Results D. Francisco Gómez Martín CEO Madrid, January 31 st, 2014 Disclaimer This presentation has been prepared by Banco Popular Español solely for purposes of information. It may contain
More informationManaging diversified businesses against challenging conditions
Managing diversified businesses against challenging conditions April 21, 2003 DBS Group Holdings 1Q 2003 Financial Results Presentation to Media and Analysts This presentation is available at www.dbs.com/investor
More informationH1 2014 IFRS Results. August 2014
H 4 IFRS Results August 4 Important Notice By attending the meeting where the presentation is made, or by reading the presentation slides, you agree to the following limitations and notifications and represent
More informationBanco Santander Chile: Solid results in 2Q14. Sound outlook for 2015
0 Banco Santander : Solid results in 2Q14. Sound outlook for 2015 August 2014 Important information 1 Banco Santander caution that this presentation contains forward looking statements within the meaning
More informationK-IRQ: 2Q13 Page1. From CIRO. Dear KBank investors and analysts, 2Q13 Earnings Forecasts. No. of analysts
Page1 Second Quarter 2013 At a glance KBank Interest rates Deposits (%) Effective Date Savings Vol.2 No.4 0.75 22 Feb 12 Fixed-3m 1.60-2.00 14 Jan 13 Fixed-6m 1.95-2.25 14 Jan 13 Fixed-12m 2.30-2.45 14
More informationFrankfurt, June 5th 2009. Goldman Sachs European Financials Conference Mr. Roberto Higuera, CEO
Frankfurt, June 5th 2009 Goldman Sachs European Financials Conference Mr. Roberto Higuera, CEO Disclaimer This presentation has been prepared by Banco Popular solely for purposes of information. It may
More informationNews Release January 28, 2016. Performance Review: Quarter ended December 31, 2015
News Release January 28, 2016 Performance Review: Quarter ended December 31, 20% year-on-year growth in total domestic advances; 24% year-on-year growth in retail advances 18% year-on-year growth in current
More informationAlly Financial Inc. Auto Securitization - Corporate Overview
Ally Financial Inc. Auto Securitization - Corporate Overview 3Q 2015 Contact Ally Investor Relations at (866) 710-4623 or investor.relations@ally.com Forward-Looking Statements and Additional Information
More informationCOMMERCIAL INTERNATIONAL BANK ( CIB ) REPORTS RECORD FULL-YEAR 2015 CONSOLIDATED REVENUE OF EGP 10.2 BILLION AND RECORD NET INCOME OF EGP 4
News Release 10 February 2016 Commercial International Bank (Egypt) SAE Nile Tower, 21/23 Charles de Gaulle Street, Giza 11511, Egypt www.cibeg.com EGX Symbol: COMI COMMERCIAL INTERNATIONAL BANK ( CIB
More informationWe endeavor to maximize returns.
We endeavor to maximize returns. Ayşegül Özel Yapı Kredi Bankası Private Banking Portfolio Manager Erdoğan Yücel Yapı Kredi Emeklilik Sales Manager FInance 4 th largest private bank (asset size) Leader
More information2014 Results Announcement. China CITIC Bank Corporation Limited
Results Announcement China CITIC Bank Corporation Limited 2 Contents Part I: Financial Performance Part II: Business Development Part III: Outlook and Strategies 3 Part I Financial Performance Main Financial
More informationDirectors Review. Domestic Economy
Directors Review On behalf of the Board of Directors, I am pleased to present the condensed interim unconsolidated financial statements for the half year ended June 30, 2015. Domestic Economy Pakistan
More informationTaishin Financial Holding Company
Taishin Financial Holding Company 2003 Result Announcement & Analyst Meeting February 10, 2004 Agenda Section 1 2003 Performance Review (preliminary) Section 2 2004 Earnings Outlook Section 3 Business
More information9M2015 GMPS Results. Fabrizio Viola CEO & General Manager
9M2015 GMPS Results Fabrizio Viola CEO & General Manager 6 th November 2015 Results Highlights CET1 ratio fully loaded at 11.7% (approx. +100bps vs. Jun-15 proforma * ) and CET1 transitional at 12% (+67bps
More informationGroup Financial Review
Management Discussion and Analysis of Financial Statements. Fifth consecutive year of record performance for the Group. Simplified Income Statement RM Million +/- RM Million % Net interest income 2,065.9
More informationBank of Ghana Monetary Policy Report. Financial Stability Report
BANK OF GHANA E S T. 1 9 5 7 Bank of Ghana Monetary Policy Report Financial Stability Report Volume 5: No.1/2013 February 2013 5.0 Introduction Conditions in global financial markets have improved significantly
More informationMighty oaks from little acorns
07.11.2005 Earnings announcement for 30.September.2005 consolidated financial results according to BRSA Mighty oaks from little acorns Total assets increased 36% (10% q-o-q) and reached TRY 10,974mn (USD
More informationQ3 INTERIM MANAGEMENT STATEMENT Presentation to analysts and investors. 28 October 2014
INTERIM MANAGEMENT STATEMENT Presentation to analysts and investors 28 October HIGHLIGHTS FOR THE FIRST NINE MONTHS OF Continued successful execution of our strategy and further improvement in financial
More informationOperating Performance 2011. - For Annual Results Briefing
Operating Performance 2011 - For Annual Results Briefing March 2012 Contents Operation and Management in 2011 Business Strategy for 2012 2 Part 1 Operation and Management in 2011 Note: Figures without
More informationExane BNP Paribas Spain Investors Day
Exane BNP Paribas Spain Investors Day Francisco Sancha, CFO Madrid, January 13 th, 2015 Disclaimer This presentation has been prepared by Banco Popular Español solely for purposes of information. It may
More informationSecond Quarter Results 2014 Investor presentation
Second Quarter Results 2014 Investor presentation Second Fourth Quarter and Results 2015 Full Year Results 2014 Press conference Christian Investor Clausen, presentation President and Group CEO Christian
More informationWESTPAC DELIVERS SOUND RESULT IN CHALLENGING CONDITIONS
Media Release 2 May 2016 WESTPAC DELIVERS SOUND RESULT IN CHALLENGING CONDITIONS Westpac Group today announced First Half 2016 statutory net profit of $3,701 million, up 3% over the prior corresponding
More informationARION BANK S 2014 FINANCIAL RESULTS
Press release, 24 February 2015 ARION BANK S 2014 FINANCIAL RESULTS Arion Bank reported net earnings of ISK 28.7 billion for the year 2014, compared with ISK 12.7 billion for the year 2013. Return on equity
More informationUAE Banking sector overview June 2015
UAE Banking sector overview June 2015 Comprising of some 23 local and 26 foreign banks, with 957 branches between them, the banking sector in the UAE has for quite some time benefitted from being in a
More informationSubject: Preliminary consolidated financial statements of the Capital Group of Bank Handlowy w Warszawie S.A. for the 2014
Warsaw, February 12, 2015 Subject: Preliminary consolidated financial statements of the Capital Group of Bank Handlowy w Warszawie S.A. for the 2014 Legal basis: Art. 5 section 1 item 25) of the Ordinance
More informationHighlights Business Cross Section Domestic CASA Domestic Advances Retail Credit Components. 9 Months. Key Parameters Quarterly
Sl. No. Areas of Presentation Slide No Sl. No. Areas of Presentation Slide No 13 Financial 9 Months 14 Key Parameters Quarterly 24 15 Capital Adequacy (Basel III) 25 9 16 Earnings Per share, Book Value
More informationHow To Improve Bankia'S Financial Performance
Morgan Stanley European Financials Conference Bankia Overview March 2014 Mr. Leopoldo Alvear - CFO Bankia Contents 1. Strategy and restructuring plan 2. 2013 results 3. Asset quality and risk management
More informationBALANCE SHEET AND INCOME STATEMENT
BANCOLOMBIA S.A. (NYSE: CIB; BVC: BCOLOMBIA, PFBCOLOM) REPORTS CONSOLIDATED NET INCOME OF COP 1,879 BILLION FOR 2014, AN INCREASE OF 24% COMPARED TO 2013. Operating income increased 23.8% during 2014 and
More informationThird Quarter 2014 Financial Results
Third Quarter 2014 Financial Results Core pre-provision income up by 8.0% in the third quarter 2014. Operating expenses further down by 3.7% q-o-q and 11.4% y-o-y on a comparable basis. Accelerated provisioning
More informationFinansbank Q2 15 Corporate Presentation
Finansbank Q2 15 Corporate Presentation 0 Agenda Turkish Banking Landscape & Finansbank Loan-based Balance Sheet Delivering High Quality Earnings Solid Financial Performance Appendix 1 Structurally attractive
More informationCorpBanca Announces First Quarter 2011 Financial Results and Conference Call on Tuesday, May 17, 2011
CorpBanca Announces First Quarter 2011 Financial Results and Conference Call on Tuesday, May 17, 2011 Santiago, Chile, CORPBANCA (NYSE: BCA), a Chilean financial institution offering a wide variety of
More informationA Unique Value Proposition. UBS Global Financial Services Conference Manuel Gonzalez Cid, BBVA's CFO May 10 th 2011
A Unique Value Proposition UBS Global Financial Services Conference Manuel Gonzalez Cid, BBVA's CFO May 10 th 2011 1 Disclaimer This document is only provided for information purposes and does not constitute,
More informationKenya Listed Commercial Banks Cytonn Q1 Banking Sector Report Abridged Version. 29 th June, 2015
Kenya Listed Commercial Banks Cytonn Q1 Banking Sector Report Abridged Version 29 th June, 15 Table of Contents I. Kenya Banking Sector II. Cytonn Banking Sector Report This is an abridged version of the
More informationDeutsche Bank 2014 Global Financial Services Investor Conference
Connecting Markets East & West Deutsche Bank 2014 Global Financial Services Investor Conference Shigesuke Kashiwagi, CFO Nomura Holdings, Inc. May 28, 2014 Nomura Unique hybrid of retail brokerage/asset
More informationDubai Islamic Bank. Investor Presentation September 30 th 2011. www.dib.ae
Dubai Islamic Bank Investor Presentation September 30 th 2011 www.dib.ae Disclaimer The information provided in this presentation should not be used as a substitute for any form of advice. Decisions based
More informationInvestor Presentation First Quarter (Q1) 2011. www.dib.ae
Dubai Islamic Bank Investor Presentation First Quarter (Q1) 2011 www.dib.ae Disclaimer The information provided in this presentation should not be used as a substitute for any form of advice. Decisions
More informationInterim Financial Report 2015
Interim Financial Report 2015 ABN AMRO Bank N.V. Notes to the reader Introduction This is the Interim Financial Report for the year 2015 of ABN AMRO Bank N.V. (ABN AMRO Bank). ABN AMRO Bank N.V. is a wholly
More informationDubai Islamic Bank. Investor Presentation June 30 th 2011. www.dib.ae
Dubai Islamic Bank Investor Presentation June 30 th 2011 www.dib.ae Disclaimer The information provided in this presentation should not be used as a substitute for any form of advice. Decisions based on
More informationKazakhstan Financial Review September 2009. News on Kazkommertsbank: Kazakh banking sector developments:
Official exchange KZT/US$ rate at 1 October 2009 150.95 Summary News on Kazkommertsbank: The inflation rate in was 0.4%, and 4.7% YTD The National Bank s monetary policy in the next five years will aim
More informationHow To Improve Profits At Bmoi
Bank of America Merrill Lynch Banking and Insurance CEO Conference London, 29 September 2009 Good morning. I d like to thank Bank of America Merrill Lynch for letting us speak this morning. Before I talk
More informationHow To Be A Regional Financial Services Leader
Humanising Financial Services Humanising Financial Services SKELETON DRAFT 55 th Annual General Meeting Presentation to Shareholders by Datuk Abdul Farid Alias, President & CEO 7 April 2015 00 We are always
More informationCapturing Growth Opportunities
Capturing Growth Opportunities Banking: performance and priorities Speaker: Murtaz Kikoria, CEO, JSC Bank of Georgia Contents Banking performance update 3Q15 Banking priorities for next 3 years page 2
More informationImportant information
29 April 2014 1 Important information Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements. These forward-looking statements are found in various places
More informationSUB: STANDARD CHARTERED PLC (THE "COMPANY") STOCK EXCHANGE ANNOUNCEMENT
April 26, 2016 To, Ms. D'souza AVP, Listing Department National Stock Exchange of India Exchange Plaza Bandra Complex Bandra (East) 400 001 Limited SUB: STANDARD CHARTERED PLC (THE "COMPANY") STOCK EXCHANGE
More informationNews Release April 29, 2016. Performance Review: Quarter ended March 31, 2016
News Release April 29, Performance Review: Quarter ended March 31, 16% year-on-year growth in domestic advances; retail portfolio crossed ` 2,00,000 crore (US$ 30.2 billion) during the quarter ended March
More informationMaintaining Solid Performance
Corporate Presentation Maintaining Solid Performance Analysts Meeting Jan Jun 2013 Results PT Bank Central Asia Tbk Jakarta, 29 th July 2013 Table of contents page Macro environment Macroeconomic environment
More informationQuarterly Credit Conditions Survey Report
Quarterly Credit Conditions Report Contents List of Figures & Tables... 2 Background... 3 Overview... 4 Personal Lending... 7 Micro Business Lending... 10 Small Business Lending... 12 Medium-Sized Business
More informationState Farm Bank, F.S.B.
State Farm Bank, F.S.B. 2015 Annual Stress Test Disclosure Dodd-Frank Act Company Run Stress Test Results Supervisory Severely Adverse Scenario June 25, 2015 1 Regulatory Requirement The 2015 Annual Stress
More informationThe Westpac Group third quarter 2011 sound core earnings growth
Media Release 16 August 2011 The Westpac Group third quarter 2011 sound core earnings growth Third quarter 2011 highlights (compared to results for the average of 1Q and 2Q 2011) 1 Cash earnings of approximately
More informationSpecialist skills continue to yield impressive credit performance.
MEDIA RELEASE 5 May 2015 Transaction Capital generates 22% organic growth in HEPS Specialist skills continue to yield impressive credit performance. Commenting on the results, David Hurwitz, group chief
More informationFrequently Asked Questions Q3 2006
Frequently Asked Questions Q3 2006 1. Were there any unusual or one-time items in your Q3 results? CIBC s reported diluted earnings per share (EPS) for the third quarter were $1.86. Our EPS was increased
More informationInvestor Update Fourth Quarter 2015
Investor Update Fourth Quarter 2015 Caution re: Forward-looking Statements This presentation provides management with the opportunity to discuss the financial performance and condition of Home Capital
More informationWe also assign a D- bank financial strength rating (BFSR) to the bank. The rationale for this rating mirrors that for the BCA.
Moody s Investors Service Ltd CREDIT OPINION MORTGAGE AND LAND BANK OF LATVIA Summary Rating Rationale In accordance with Moody s rating methodology for government-related issuers (GRIs), we assign A2/Prime-1
More informationMeasuring performance Update to Insurance Key Performance Indicators
Measuring performance Update to Insurance Key Performance Indicators John Hele Member of Executive Board and CFO of ING Group Madrid 19 September 2008 www.ing.com Agenda Performance Indicators: Background
More informationTHAILAND INSURANCE IN 2013
THAILAND INSURANCE IN 2013 July 2014 thaire.co.th Thailand Economic Prospects Despite a contraction of 0.6% in the first quarter of 2014, the pace of growth is expected to gradually pick up in the second
More informationBalance sheet structure absorbed adverse PSI+ effect
Full Year 2011 Results Participation in PSI+ 1 leads to additional impairment of Euro 3.2 billion Core Tier I at Euro 1.3 billion 2 post PSI+ related impairment Balance sheet structure absorbed adverse
More informationStrategic and Operational Overview May 11, 2016
Strategic and Operational Overview May 11, 2016 Safe Harbor Statement This presentation contains several forward-looking statements. Forward-looking statements are those that use words such as believe,
More informationResults for the quarter ended December 31, 2015. Investor Presentation January 21, 2016
Results for the quarter ended December 31, 2015 Investor Presentation January 21, 2016 Disclaimer This presentation does not constitute a prospectus, an offering circular, an advertisement, a private placement
More informationCredit Opinion: Yes Bank Limited
Credit Opinion: Yes Bank Limited Global Credit Research - 17 Sep 2015 Mumbai, India Ratings Category Moody's Rating Outlook Stable Bank Deposits Baa3/P-3 Baseline Credit Assessment ba1 Adjusted Baseline
More informationEarnings attributed to equity shareholders after tax were K9.1 billion (2005: K6.1 billion), a rise of 49% and Return on Shareholders funds of 39%.
MANAGING DIRECTOR S REVIEW OVERVIEW Zambia enjoyed a robust economic growth of 5.8% in 2006 (2005: 5.2%) mainly driven by positive growth in mining, construction and transport sectors. Other positive developments
More informationUpdate on 2014 and strategic priorities. Morgan Stanley 11 th Annual European Financials Conference Torsten Hagen Jørgensen, Group CFO
Update on 2014 and strategic priorities Morgan Stanley 11 th Annual European Financials Conference Torsten Hagen Jørgensen, Group CFO Disclaimer This presentation contains forward-looking statements that
More informationQuarterly Credit Conditions Survey Report Contents
Quarterly Credit Conditions Report Contents List of Figures & Tables... 2 Background... 3 Overview... 4 Personal Lending... 7 Micro Business Lending... 9 Small Business Lending... 12 Medium-Sized Business
More informationBanking. July 25, 2014
July 25, 2014 Banking BANKING SECTOR PERFORMANCE STUDY FY14 Our study covers 39 banks 26 Public Sector Banks & 13 Private Sector Banks. Foreword The in the Indian economy continued to be moderate in FY14
More informationBANCO SANTANDER CHILE ANNOUNCES RESULTS FOR THE FOURTH QUARTER 2002
Banco Santander Chile CONTACTS: Raimundo Monge Robert Moreno Desirée Soulodre Banco Santander Chile Banco Santander Chile Banco Santander Chile 562-320-8505 562-320-8284 562-647-6474 BANCO SANTANDER CHILE
More informationEarnings Conference Call January 28, 2015
Fourth Quarter 2014 Earnings Conference Call January 28, 2015 Steven G. Bradshaw Chief Executive Officer Daniel H. Ellinor Chief Operating Officer Steven Nell Chief Financial Officer Stacy Kymes Chief
More informationOTP Bank. 2004 Preliminary Performance Based on HAR
2 Preliminary Performance Based on HAR Presented by: Dr. Zoltán Spéder CFO March 25 Forward looking statements This presentation contains certain forward-looking statements with respect to the financial
More informationTotal Business at 8.08 lakh crore Net Profit for Q2 at 529 crore
PRESS RELEASE Total Business at 8.08 lakh crore Net Profit for Q2 at 529 crore Head Office November 04, 2015 Major Highlights Q2FY16 Net profit for Q2FY16 at Rs.529 crore, up by 10.44% sequentially. Gross
More informationAnalyst & Investor Day
Analyst & Investor Day Strategy - Outlook for 2015 and Beyond 19 February 2015 Management Mr. Adnan Bali Director and Chief Executive Officer Mr. Mahmut Magemizoğlu Deputy Chief Executive Mr. Suat İnce
More informationFinancial Overview INCOME STATEMENT ANALYSIS
In the first half of 2006, China s economy experienced steady and swift growth as evidenced by a 10.9% surge in GDP. In order to prevent the economy from getting overheated and to curb excess credit extension,
More informationThe Board of Directors of DBS Group Holdings Ltd ( DBSH ) reports the following:
DBS Group Holdings Ltd Incorporated in the Republic of Singapore Company Registration Number: 199901152M To: Shareholders The Board of Directors of DBS Group Holdings Ltd ( DBSH ) reports the following:
More informationCitizens Financial Group, Inc. Reports First Quarter Net Income of $223 Million Diluted EPS of $0.41 up 8% vs. 1Q15
Reports First Quarter Net Income of $223 Million Diluted EPS of $0.41 up 8% vs. 1Q15 Positive operating leverage of 3% on a year-over-year Adjusted basis* Good traction continues on strategic growth and
More informationCanadian Consumer Credit Trends. Q3 2013 Prepared by: Equifax Analytical Services
Canadian Consumer Credit Trends Q3 2013 Prepared by: Equifax Analytical Services About Equifax Inc. Equifax is a global leader in consumer, commercial and workforce information solutions that provide businesses
More information