PT Bank Central Asia Tbk : AM Deck 9M21

PT Bank Central Asia Tbk

9M21 Results

21 October 2021

Agenda

Macroeconomy & banking industry highlights

• BCA 9M21 performance overview
• Sustainability finance and ESG
• Corporate updates
• Share data, ratings & awards

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Analyst Meeting 9M-21

PT Bank Central Asia Tbk 2

Economic highlights

• The sharp decline in Indonesia's Covid cases bodes well for its economic recovery as mobility improves.
• Vaccination continues to increase, where in certain regions such as Jakarta and Bali have reached close to 100%, ready for re-opening.
• Commodity prices are trending up - particularly coal and CPO - driven by global shortage, that props up Indonesia's trade surplus.
• Despite benign inflation, risks in financial markets related to the Fed tapering and fears of global stagflation, continue constraining BI to cut rate further.

	Q3-20	Q3-21
Real GDP	-3.49%	7.07%*
CPI	1.42%**	1.60%**
BI 7-D Rate	4.00%	3.50%
USD/IDR	14,675	14,375
CA (% of GDP)	0.39%	-0.77%*
Source: Bank Indonesia		*) Q2-21 number **) Sep YoY

Analyst Meeting 9M-21

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Inflation and BI Rates (%)

7%
	BI 7-day (Reverse) Repo Rate		6.00
							6.00
6%						5.75
						5.25				5.00
5%	4.75	4.75
			Inflation				4.50
		4.37	4.25	4.25					4.25
		3.83										4.00
4%		3.88										3.75
	3.45	3.58	3.61	3.41		3.32	3.49			3.50	3.50
						3.20 3.23		3.00
		3.61						2.96
3%		3.30
		3.18	3.12
		3.02		2.88
	2.79							2.68	1.96
						2.48
2%											1.54	1.68	1.60
												1,32	1.37
1%													1.33
Jun-16	Jan-17	Aug-17	Mar-18	Oct-18	Mei-19	Dec-19	Jul-20	Feb-21	Sep-21

Source: Bank Indonesia

Rupiah/USD
17,000						16,575
16,000
					15,235
15,000					14,938	14,890
				14,565
					14,525	14,493
				14,209
14,000	13,964
13,661	13,565	13,609	13,853		14,080
	13,878 13,895
		13,265		13,920
13,000			13,256	13,289	13,583
	13,057	12,955	13,156

12,000 Jan-16Jun-16Nov-16May-17Nov-17May-18Dec-18Jul-19Jan-20Aug-20Mar-21Oct-21

Source: Bloomberg

PT Bank Central Asia Tbk 3

Banking sector: recovery on track

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• Loan outstanding grew positive 0.5% YoY or 1.5% YtD, supported by working capital and consumer lending.
• Government continues stimulus to boost demand in mortgage and automotive.
• Deposits rose 4.5% YtD from CA that increased 17.9% YoY or 9.8% YtD.
• Liquidity remained ample. LDR stood at 80.2%.
• Manageable NPL ratio of 3.3%, due to OJK relaxation policy.
• CAR stayed solid at 24.6%.

Banking Sector Financial Summary

	(Rp trillion)	Jul-20	Dec-20	Jul-21	∆YoY	∆YtD
	Total Assets	8,726	9,178	9,412	7.9%	2.6%
	Total Loans	5,536	5,482	5,564	0.5%	1.5%
	Third Party Funds	6,308	6,665	6,966	10.4%	4.5%
	CASA	3,550	3,861	4,101	15.5%	6.2%
	Current Accounts	1,571	1,687	1,852	17.9%	9.8%
	Savings Accounts	1,979	2,174	2,249	13.6%	3.5%
	Time Deposits	2,758	2,805	2,865	3.9%	2.1%
	Net Profit	71.3	104.7	78.2	9.7%	n.a
	NIM	4.4%	4.4%	4.6%	20bp	20bp
	LDR	88.1%	82.5%	80.2%	-790bp	-230bp
	NPL	3.2%	3.2%	3.3%	10bp	10bp
	CAR	23.0%	23.9%	24.6%	160bp	70bp
Source: OJK

Analyst Meeting 9M-21

PT Bank Central Asia Tbk 4

Agenda

• Macroeconomy & banking industry highlights

BCA 9M21 performance overview

• Sustainability finance and ESG
• Corporate updates
• Share data, ratings & awards

Always by your side

Analyst Meeting 9M-21

PT Bank Central Asia Tbk 5