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TBB — Interim / Quarterly Report 2020
Dec 4, 2020
52201_rns_2020-12-04_fb624db4-3341-4243-80ae-d42f443e5759.pdf
Interim / Quarterly Report
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Financial Review of 2020Q3
2020.12.04
Disclaimer
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This presentation is provided by Taiwan Business Bank Co., Ltd. (‘TBB’).The information contained within is not reviewed or reviewed by any accountant or any independent third party. Users should read this material in conjunction with all other public financial and operational information filed to the competent authorities by TBB. While we endeavor to provide accurate, complete and consistent information herein, TBB makes no guarantee or warranties as to the accuracy or correctness of all the material contained. After this presentation is released to the public, we undertake no obligation to update any relevant data to reflect any change hereafter.
Users should also notice that this presentation may contain forward-looking statements. Statements that are not historical facts, including statements relating to the implementation of strategic initiatives, future business development and economic performance are forward-looking statements. By their nature, forward-looking statements involve uncertainties, risks, assumptions and other factors that could cause actual developments and results to differ materially from our statement in this presentation. These factors include, but not limited to, regulatory developments, competitive conditions, technological developments, general economic conditions and management changes.
The information, statements or opinions in this presentation do not constitute a public offer under any applicable legislation or an offer to sell or solicitation of an offer to buy any securities or financial instruments or any advice or recommendation with respect to such securities or other financial instruments. TBB and its affiliates representatives, no matter for their negligence or any other reasons, should not be liable for any loss or damages arising from the use of or interpretation by others of information contained within this presentation or any matter related to this document.
1
Operations Review of 2020Q3
In NT 100mn
| Jun 2020Epidemic affection in 2020 | Jun 2020Epidemic affection in 2020 | Jun 2020Epidemic affection in 2020 | Jun 2020Epidemic affection in 2020 |
|---|---|---|---|
Apr-Jun 2020(1) |
Jul-Sep 2020(2) |
Difference(3)=(2)-(1) |
|
Net Income before tax |
9.59 |
13.29 |
3.70 |
Jun 2020(1) |
Sep 2020(2) |
Difference增減數(3)=(2)-(1) |
|
Net Interest Spread |
1.141% |
1.191% |
0.05% |
Loan |
11,689 |
11,899 |
210 |
Deposit |
13,942 |
14,578 |
636 |
NPL Ratio |
0.48% |
0.42% |
(0.06%) |
Coverage Ratio |
256.57% |
312.31% |
55.74% |
2
Assets and Liabilities
In NT mn
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----- Start of picture text ----- 1,746,153 1,755,2881,664,2901,619,0401,584,0941,498,729 1,650,636 1,657,9321,475,8921,567,8651,534,1871,508,2761,408,233 1,427,859----- End of picture text -----
201520162017201820192Q203Q20AssetLiability |
201520162017201820192Q203Q20AssetLiability |
201520162017201820192Q203Q20AssetLiability |
201520162017201820192Q203Q20AssetLiability |
201520162017201820192Q203Q20AssetLiability |
201520162017201820192Q203Q20AssetLiability |
201520162017201820192Q203Q20AssetLiability |
201520162017201820192Q203Q20AssetLiability |
|---|---|---|---|---|---|---|---|
2015 |
2016 |
2017 |
2018 |
2019 |
2Q20 |
3Q20 |
|
Asset |
1,475,892 |
1,498,729 |
1,584,094 |
1,619,040 |
1,746,153 |
1,664,290 |
1,755,288 |
Liability |
1,408,233 |
1,427,859 |
1,508,276 |
1,534,187 |
1,650,636 |
1,567,865 |
1,657,932 |
3
Equity
In NT mn
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----- Start of picture text ----- 13.5213.27 13.39 97,356 13.50 90,000 12.33 95,517 96,425 13.0011.90 13.00 12.5011.87 12.00 80,000 84,853 11.50 70,000 75,818 11.0070,870 10.5067,659 60,000 10.00 9.50 50,000 9.002015 2016 2017 2018 2019 2Q20 3Q20Equity BVPS2015 2016 2017 2018 2019 2Q20 3Q20Equity 67,659 70,870 75,818 84,853 95,517 96,425 97,356Common Stock 56,847 59,689 61,480 63,939 71,320 71,320 74,886BVPS 11.90 11.87 12.33 13.27 13.39 13.52 13.00----- End of picture text -----
4
Income Growth
In NT mn
02,0004,0006,0008,000 |
02,0004,0006,0008,000 |
02,0004,0006,0008,000 |
02,0004,0006,0008,000 |
02,0004,0006,0008,000 |
02,0004,0006,0008,000 |
02,0004,0006,0008,000 |
02,0004,0006,0008,000 |
02,0004,0006,0008,000 |
|---|---|---|---|---|---|---|---|---|
2015 |
2016 |
2017 |
2018 |
2019 |
2Q20 |
3Q20 |
||
Net Income before tax |
6,196 |
6,359 |
5,871 |
9,198 |
8,066 |
2,501 |
3,829 |
|
Net Income |
5,113 |
5,196 |
5,040 |
7,641 |
6,734 |
2,258 |
3,463 |
|
EPS before tax(NTD) |
1.09 |
1.07 |
0.95 |
1.44 |
1.18 |
0.33 |
0.51 |
|
EPS (NTD) |
0.90 |
0.87 |
0.82 |
1.19 |
0.98 |
0.30 |
0.46 |
|
ROE before tax |
9.50% |
9.18% |
8.00% |
11.45% |
8.94% |
5.21% |
5.29% |
|
ROA before tax |
0.43% |
0.43% |
0.38% |
0.57% |
0.48% |
0.29% |
0.29% |
|
Employee productivity |
1.24 |
1.28 |
1.15 |
1.75 |
1.50 |
0.47 |
0.71 |
5
Monthly Net Income before Tax (Individual)
In NT 100mn
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----- Start of picture text ----- 12.0010.0010.008.568.12 8.127.618.00 7.17 7.276.256.005.046.006.374.005.413.424.004.554.303.553.353.08 3.29 2.232.00Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec----- End of picture text -----
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----- Start of picture text ----- 2020 2019----- End of picture text -----
6
Provision for Other Reserve(Individual)
In NT 100mn
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----- Start of picture text ----- 8.008.006.046.004.70 4.674.063.904.00 3.132.852.522.302.00 3.902.00 1.001.000.700.402.00 0.000.00 1.00 0.90 1.00Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec----- End of picture text -----
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----- Start of picture text ----- 2020 2019----- End of picture text -----
2019 Q3 ： 19.27 NT 100mn
2020 Q3 ： 32.58 NT 100mn
7
Monthly Net Income before Tax and Provision (Individual) In NT 100mn
In NT 100mn
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----- Start of picture text ----- 14.0012.3012.0010.239.719.5610.009.028.278.37 8.17 10.048.12 8.018.007.25 7.258.25 8.19 6.707.686.147.41 5.937.146.004.002.000.00Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2020 2019----- End of picture text -----
8
Net Revenue Breakdown
In NT mn
2019 Q3 Net Revenue：17,940 NT mn
2020 Q3 Net Revenue：16,355 NT mn
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----- Start of picture text ----- Net service fee Net servicerevenue fee revenue2,781 Net treasury income 2,10716% & Foreign exchange 13% Net treasury incomegain or loss & Foreign exchange1,979 gain or loss11% 1,80011%Net other Net interestrevenue revenue Net other393 12,036Net interest revenue2% 74%revenue 41212,787 2%71%----- End of picture text -----
9
Depositand Loan
In NT mn
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----- Start of picture text ----- 1,310,328 1,388,764 1,436,285 1,432,227 1,600,0001,259,3051,198,627 1,200,0001,012,708 1,010,824 1,063,179 1,101,759 1,129,913 [1,159,988 ] 800,000 400,000 -2015 2016 2017 2018 2019 3Q20Deposit Loan2015 2016 2017 2018 2019 3Q20Deposit 1,198,627 1,259,305 1,310,328 1,388,764 1,436,285 1,432,227Loan 1,012,708 1,010,824 1,063,179 1,101,759 1,129,913 1,159,988----- End of picture text -----
10
2019~2020 average interest rate by Corporate financing loan(Monthly)
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11
Net Interest Spread and NIM
1.351.321.291.331.351.251.231.040.970.970.970.950.910.90201520162017201820192Q203Q20Net Interest SpreadNIM% |
1.351.321.291.331.351.251.231.040.970.970.970.950.910.90201520162017201820192Q203Q20Net Interest SpreadNIM% |
1.351.321.291.331.351.251.231.040.970.970.970.950.910.90201520162017201820192Q203Q20Net Interest SpreadNIM% |
1.351.321.291.331.351.251.231.040.970.970.970.950.910.90201520162017201820192Q203Q20Net Interest SpreadNIM% |
1.351.321.291.331.351.251.231.040.970.970.970.950.910.90201520162017201820192Q203Q20Net Interest SpreadNIM% |
1.351.321.291.331.351.251.231.040.970.970.970.950.910.90201520162017201820192Q203Q20Net Interest SpreadNIM% |
1.351.321.291.331.351.251.231.040.970.970.970.950.910.90201520162017201820192Q203Q20Net Interest SpreadNIM% |
1.351.321.291.331.351.251.231.040.970.970.970.950.910.90201520162017201820192Q203Q20Net Interest SpreadNIM% |
|
|---|---|---|---|---|---|---|---|---|
2015 |
2016 |
2017 |
2018 |
2019 |
2Q20 |
3Q20 |
||
Net Interest Spread |
1.35 |
1.32 |
1.29 |
1.33 |
1.35 |
1.25 |
1.23 |
|
NTD Spread |
1.33 |
1.26 |
1.23 |
1.24 |
1.28 |
1.24 |
1.22 |
|
FCY Spread |
1.53 |
1.90 |
1.99 |
2.28 |
2.09 |
1.57 |
1.46 |
|
NIM |
1.04 |
0.97 |
0.97 |
0.97 |
0.95 |
0.91 |
0.90 |
12
%
Net Interest Spread(Monthly)
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----- Start of picture text ----- 1.400 1.385 1.3891.3651.3581.350 1.3511.3431.350 1.3331.3291.3251.3211.314 1.314 1.3141.2991.3001.2501.1971.192 1.1911.2001.168 1.1681.1411.1501.100Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2020 2019----- End of picture text -----
13
Operating Expense Ratio
In NT mn
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----- Start of picture text ----- 57.32% 57.34%57.09%56.86%56.60%54.83%----- End of picture text -----
201520162017201820193Q20201520162017201820193Q203Q19Net revenue20,16220,65720,86323,02723,21016,35517,940Operating Expense11,55711,79311,96313,03412,7279,2999,496Percentage57.32%57.09%57.34%56.60%54.83%56.86%52.93% |
201520162017201820193Q20201520162017201820193Q203Q19Net revenue20,16220,65720,86323,02723,21016,35517,940Operating Expense11,55711,79311,96313,03412,7279,2999,496Percentage57.32%57.09%57.34%56.60%54.83%56.86%52.93% |
201520162017201820193Q20201520162017201820193Q203Q19Net revenue20,16220,65720,86323,02723,21016,35517,940Operating Expense11,55711,79311,96313,03412,7279,2999,496Percentage57.32%57.09%57.34%56.60%54.83%56.86%52.93% |
201520162017201820193Q20201520162017201820193Q203Q19Net revenue20,16220,65720,86323,02723,21016,35517,940Operating Expense11,55711,79311,96313,03412,7279,2999,496Percentage57.32%57.09%57.34%56.60%54.83%56.86%52.93% |
201520162017201820193Q20201520162017201820193Q203Q19Net revenue20,16220,65720,86323,02723,21016,35517,940Operating Expense11,55711,79311,96313,03412,7279,2999,496Percentage57.32%57.09%57.34%56.60%54.83%56.86%52.93% |
201520162017201820193Q20201520162017201820193Q203Q19Net revenue20,16220,65720,86323,02723,21016,35517,940Operating Expense11,55711,79311,96313,03412,7279,2999,496Percentage57.32%57.09%57.34%56.60%54.83%56.86%52.93% |
201520162017201820193Q20201520162017201820193Q203Q19Net revenue20,16220,65720,86323,02723,21016,35517,940Operating Expense11,55711,79311,96313,03412,7279,2999,496Percentage57.32%57.09%57.34%56.60%54.83%56.86%52.93% |
|---|---|---|---|---|---|---|
2015 |
2016 |
2017 |
2018 |
2019 |
3Q20 |
|
Net revenue |
20,162 |
20,657 |
20,863 |
23,027 |
23,210 |
16,355 |
Operating Expense |
11,557 |
11,793 |
11,963 |
13,034 |
12,727 |
9,299 |
Percentage |
57.32% |
57.09% |
57.34% |
56.60% |
54.83% |
56.86% |
14
Loan Breakdown
In NT 100mn
2018 NTDLoan by
Business
2019 NTDLoan by
Business
2020 Q3 NTDLoan by
Business
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----- Start of picture text ----- Government Government Government1,190.32 773.05 597.33Individual Individual Public12% 8% 6%2,780.18 2,830.74 98.2228% 28% Public 1%Public138.63171.921%2%Individual2,866.6128%Private Privatebusiness Private business5,643.01 business 6,681.7258% 6,223.96 65%63%----- End of picture text -----
15
Deposit Breakdown
In NT 100mn
2019 by Period2020 Q2 by Period
2020 Q3 by Period
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----- Start of picture text ----- Demand Demand DemandDeposit Deposit Deposit7,168.95 7,258.38 7,321.3151.12%49.91% 50.75%TimeDeposit7,193.90Time50.09% TimeDepositDeposit7,000.967,044.7048.88%49.25%2015 2016 2017 2018 2019 2Q20 3Q20Demand Deposits ratio 49.16% 55.08% 52.81% 50.83% 49.91% 50.75% 51.12%----- End of picture text -----
16
Asset Quality(1)
| Asset Quality(1) | Asset Quality(1) | Asset Quality(1) | Asset Quality(1) | Asset Quality(1) | Asset Quality(1) | Asset Quality(1) | Asset Quality(1) | Asset Quality(1) |
|---|---|---|---|---|---|---|---|---|
In NT mn201520162017201820193Q20NPL4,9054,5203,7123,3083,6285,000NPL Ratio0.48%0.43%0.33%0.30%0.32%0.42%Allowance for bad debts11,34212,55012,15813,03413,34115,616Coverage Ratio231.22%277.63%327.57%394.08%367.77%312.31%Bad Loans Write-offs3,0952,8843,9502,6593,3301,7670.48%0.43%0.33%0.30%0.32%0.42%231.22%277.63%327.57%394.08%367.77%312.31%0.00%100.00%200.00%300.00%400.00%500.00%0.00%0.10%0.20%0.30%0.40%0.50%0.60%201520162017201820193Q20NPL RatioCoverage Ratio |
In NT mn0.48%0.43%0.33%0.30%0.32%0.42%231.22%277.63%327.57%394.08%367.77%312.31%0.00%100.00%200.00%300.00%400.00%500.00%201520162017201820193Q20NPL RatioCoverage Ratio |
|||||||
2015 |
2016 |
2017 |
2018 |
2019 |
3Q20 |
|||
NPL |
4,905 |
4,520 |
3,712 |
3,308 |
3,628 |
5,000 |
||
NPL Ratio |
0.48% |
0.43% |
0.33% |
0.30% |
0.32% |
0.42% |
||
Allowance for bad debts |
11,342 |
12,550 |
12,158 |
13,034 |
13,341 |
15,616 |
||
Coverage Ratio |
231.22% |
277.63% |
327.57% |
394.08% |
367.77% |
312.31% |
||
Bad Loans Write-offs |
3,095 |
2,884 |
3,950 |
2,659 |
3,330 |
1,767 |
17
%
Asset Quality(2)
NPL Ratio
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----- Start of picture text ----- 0.50 0.48 0.470.44 0.43 0.440.39 0.38 0.450.400.420.350.300.330.32 0.32 0.32 0.32 0.320.30 0.30 0.30 0.300.290.20Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2020 2019----- End of picture text -----
Coverage Ratio
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----- Start of picture text ----- 450.00402.65387.48 390.47 383.06400.00 375.55 369.51 367.77341.71 349.58 335.80 348.09324.95350.00300.00303.02 308.76 312.31250.00 287.67 282.18272.85 274.93 269.82256.57200.00Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2020 2019----- End of picture text -----
18
Capital Adequacy Ratio
| 7.008.009.0010.0011.0012.0013.0014.0015.00 | 11.9112.2712.712.6613.6813.869.599.519.69.619.729.927.917.988.218.408.468.3120162017201820192Q203Q20BIS(%)Tier1(%)CET1(%) | 11.9112.2712.712.6613.6813.869.599.519.69.619.729.927.917.988.218.408.468.3120162017201820192Q203Q20BIS(%)Tier1(%)CET1(%) | 11.9112.2712.712.6613.6813.869.599.519.69.619.729.927.917.988.218.408.468.3120162017201820192Q203Q20BIS(%)Tier1(%)CET1(%) | 11.9112.2712.712.6613.6813.869.599.519.69.619.729.927.917.988.218.408.468.3120162017201820192Q203Q20BIS(%)Tier1(%)CET1(%) | 11.9112.2712.712.6613.6813.869.599.519.69.619.729.927.917.988.218.408.468.3120162017201820192Q203Q20BIS(%)Tier1(%)CET1(%) | 11.9112.2712.712.6613.6813.869.599.519.69.619.729.927.917.988.218.408.468.3120162017201820192Q203Q20BIS(%)Tier1(%)CET1(%) | 11.9112.2712.712.6613.6813.869.599.519.69.619.729.927.917.988.218.408.468.3120162017201820192Q203Q20BIS(%)Tier1(%)CET1(%) | 11.9112.2712.712.6613.6813.869.599.519.69.619.729.927.917.988.218.408.468.3120162017201820192Q203Q20BIS(%)Tier1(%)CET1(%) |
|---|---|---|---|---|---|---|---|---|
| 2016 | 2017 | 2018 | 2019 | Q220 | Q320 | Minimumlegal ratio |
||
| BIS(%) | 11.91 | 12.27 | 12.70 | 12.66 | 13.68 | 13.86 | 10.50 | |
| Tier1(%) | 9.59 | 9.51 | 9.60 | 9.61 | 9.72 | 9.92 | 8.50 | |
| CET1(%) | 7.91 | 7.98 | 8.21 | 8.40 | 8.46 | 8.31 | 7.00 |
19
Award
| Award | |
|---|---|
| FSC | •2020 Excellent Bank Award of Efficiency in Relief Loanprocedures•Ranked top 20% in the financial services industry•2016-2019 Excellent Bank Award of Property TrustAssessment for Senior Citizens and People withDisabilities in the Trust Industry•Program to Encourage Lending by Domestic Banks toSmall and Medium Enterprises( Team A) – 2020 Superioraward•Program to Encourage Lending by Domestic Banks toKey Innovative Industries( Team A) – 2020 Superioraward |
| Ministry ofEconomic Affairs | Managers and Banks outstanding in implementing guaranteeFinancing:•Direct Guarantee Performance Award•Policy Promotion Award•Award of Loans to Small and Medium Enterprises•Award of assisting in system establishment |
| TWSE | • Top 20% of Corporate Governance Evaluation of ListedCompany |
| MOL | • TBB received the Certificate of Appreciation from theMinistryofLaborfortheEventofMicroscaleEntrepreneurship Model in 2018.20 |
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Award
| Award | |
|---|---|
| CommonWealth | • Ranked top 50 in “Large Enterprises Group” of Excellence |
| Magazine | in Corporate Social Responsibility |
| ExcellenceMagazine | • 2020 Best Service of Innovative Industry |
| Taiwan Index PlusCorporation | •Taiwan Employment Creation 99 Index(for eleven years ina row )•FTSE4Good TIP Taiwan ESG Index(for six times in a row ) |
TABF • 2020 Taiwan Corporate Sustainability Awards
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21
Develop Digital Finance Positively
BUILD UP A CONVENIENT, CUSTOMER-BASED AND OMNI-CHANNEL FINANCIAL SERVICE WHICH ALSO EMPHASIZES USER EXPERIENCE. TO BECOME THE TOP CHOICE OF DIGITAL BANKING SERVICE FOR ALL CLIENTS AND ENTERPRISES.
CREATE NEW EXPERIENCE OF DIGITAL COMPREHENSIVE DEVELOPMENT OF FINANCE DIGITAL FINANCE
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----- Start of picture text ----- GOOD-LOOKING SOCIAL ONLINEMEDIA BANKINGAIPRECISIONINTELLIGENCEMARKETINGEASY TOcheaper USE OMNI-SMART BIOMETRIC CHANNELDIGITAL Open API MOBILEFOCUS ON USER MACHINE FINANCE BANKINGEXPERIENCE:5 GOALS BIG DATA BLOCKCHAINONLINE MOBILELOANS PAYMENTconvenient faster22----- End of picture text -----
Conclusion
First Wing ：Cultivate SME Financial Products.
Second Wing：Focus on wealth
management of SME with trust2.0.
23