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1 August 2014 Investor Presentation Presentation Outline I. - PowerPoint PPT Presentation

Oct 17, 2022 •356 likes •803 views

1 August 2014 Investor Presentation Presentation Outline I. OVERVIEW II. FINANCIAL HIGHLIGHTS III. OWNERSHIP, BOARD, AND MANAGEMENT IV. CORPORATE GOVERNANCE AND CORPORATE SOCIAL RESPONSIBILITY IV. AWARDS AND CITATIONS About BDO

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  2. August 2014 Investor Presentation

  3. Presentation Outline I. OVERVIEW II. FINANCIAL HIGHLIGHTS III. OWNERSHIP, BOARD, AND MANAGEMENT IV. CORPORATE GOVERNANCE AND CORPORATE SOCIAL RESPONSIBILITY IV. AWARDS AND CITATIONS

  4. About BDO • The Philippines’ largest bank with total assets of P1.7 Tn (USD 37.7 Bn). • A full service universal bank with one of the widest networks of more than 840 operating branches (with Citi Savings Bank) and over 2,400 ATMs nationwide. • Has one of the country’s strongest Board of Directors in terms of banking experience and corporate governance. • Part of the SM Group, one of the country’s largest conglomerates. 4

  5. Milestones • Expansion through organic growth and M&A Acquired Citi Savings Bank P1.7 TN P1.2 TN Acquired UOB Philippines’ Acquired the Acquired GE branch banking business trust business Money Bank of Deutsche Acquired 1st e-Bank’s Bank in the P1.0 TN banking business P617 BN Philippines Acquired by P862 BN Merged with Dao SM Group Acquired Rural Heng Bank Philippines P149 BN Bank of San Juan Est. as Acme P234 BN KB license Savings Bank Merged with Equitable P36 BN PCI Bank. Acquired P121 BN Acquired Amex Savings Banco P77 BN Bank Philippines Santander Assets Philippines U/KB license P13 BN 1968 1976 1994 1996 2001 2002 2003 2005 2007 2009 2010 2012 2013 2014 Commercial Bank Expansion 5

  6. Full Service Bank • Complete range of financial products and services • • • • • Deposit and Cash management Brokerage Investment Auto related products services management • • Bancassurance Mortgage • • • Over-the-counter Electronic banking Unit investment • Credit cards transactions trust funds • ATMs • Personal loans • • Cross-selling Living trusts • Prepaid cards distribution platform • Retirement funds • Merchant acquiring • Special trusts / • Remittances custodianship • • • • • Corporate and Underwriting and Direct lease, sale Wealth advisory Fixed income middle market distribution of and leaseback dealership • Customized portfolio lending Fixed income and arrangements • management Foreign exchange equity securities • • Trade finance Installment paper transactions • Financial advisory purchases • • Specialized lending Portfolio • • Project finance Receivable management • Financial Institutions discounting • • Loan syndication Liquidity • Cross-border and factoring management financing 6

  7. Market Reach • Wide and extensive coverage in key areas Philippines Middle Europe East 2 1 North 836 America SEA, HK & 3 Taiwan 10 10 Savings Number of 16 International Offices 846 operating branches as of 31 July 2014 7

  8. Business Franchise • Market-leading positions in almost all business lines #1 #1 #1 #1 #1 Trust and Asset Remittance Loans Deposits Private Banking Mgt L e a d i n g T r a d e M a j o r P l a y e r i n S e r v i c e s P r o v i d e r C a s h M a n a g e me n t 1 2 # 1 L o c a l # 1 # 2 # 1 I n s u r a n c e C r e d i t C a r d s 3 L e a s i n g & F i n a n c e I n v e s t me n t B a n k i n g 4 B r o k e r a g e 5 Notes: 1 According to The Asian Banker, Global Finance, The Asset, & Trade Finance Magazine 2 According to The Asset 3 In terms of cardholder base & merchant acquiring gross billings 8 4 In terms of corporate issuances 5 Among insurance brokers in terms of premiums produced

  9. Industry Ranking • No. 1 among Philippine banks Total Assets Gross Customer Loans (in PHP billions) (in PHP billions) 1,700 973 1,442 BDO Market Share – 17% BDO Market Share – 21% 1,285 708 641 942 581 309 455 430 422 267 267 385 366 232 170 129 129 BPI MBT LBP PNB China RCBC SECB DBP UBP MBT BPI LBP PNB China RCBC DBP SECB UBP Customer Deposits Assets Under Management (in PHP billions) (in PHP billions) 1,365 BDO Market Share – 18% BDO Market Share – 32% 1,077 1,073 775 808 492 335 437 388 301 219 298 252 218 92 84 63 63 60 57 BPI MBT SChart UCPB RCBC HSBC China PNB LBP MBT BPI LBP PNB China RCBC UBP DBP SECB Source: Company data, consolidated statements of condition (SOC). Ranking as at 30 June 2014 Note: Financials prepared by banks under BSP’s SOC requirements differ slightly from reported financials under SEC 9 guidelines due to certain differences in accounting rules requested by the two authorities

  10. Organizational Structure • With equity investments in allied and non-allied enterprises BDO UNIBANK, INC. PHILIPPINE PARENT BANK Financial Companies Insurance Companies Real Estate Companies Service Companies BDO Private Bank, Inc. BDO Insurance Brokers, BDORO Europe Ltd. Manila North Tollways Corp. BDO Leasing and Finance, (100%) Inc. (100%) (100%) (12%) Inc. (87%); BDO Capital & Investment Corporation (11.11%) BDO Capital & Investment Generali Pilipinas Equimark-NFC Corporation (100%) Holding Co., Inc. (BDO – Development Corp. (60%) BDO Rental, Inc. 38.05% & BDO Cap – (100%) 1.95%) BDO Securities SM Keppel Land, Inc. Corporation (100%) (50%) Citibank Savings, Inc. CBN Grupo (99.99%) International Taal Land, Inc. Holdings B.V. (60%) (33%) BDO Strategic Holdings Inc. (100%) Averon Holdings NorthPine Land, Inc. Corporation (100%) (20%) ArmstrongSecurities, Inc. (80%) PCIB Securities, Inc . (100%) BDO Remit (Italia) S.p.A. (100%) Express Padala (HK) Ltd. (100%) BDO Remit Limited (100%) Express Padala Frankfurt BDO Remit (Macau) GmbH (100%) Ltd. (100%) BDO Remit (USA), Inc. (100%) 10

  11. The Banker Top 1000 World Banks – Tier 1 Capital Tier 1 Capital Ranking of Banks (as of 31 December 2013) World Rank Local Country Name of Bank Tier 1 Rank Capital Current Previous ($ Mn) 264 262 7 CHE Basier 3,433 Kantonalbank 265 237 9 IND IDBI 3,429 266 303 11 ESP Ibercaja 3,421 267 284 38 USA Raymond James 3,419 268 251 1 PHL BDO Unibank, Inc. 3,413 269 230 4 IDN Bank Negara 3,406 Indonesia 270 273 5 AUT Bawag PSK 3,371 271 267 17 DEU Aareal Bank 3,361 272 344 30 CHN Bank of Hangzhou 3,360 273 271 6 MYS Bank Rakyat 3,351 11

  12. The Banker Top Philippine Banks – Tier 1 Capital Tier 1 Capital Ranking of Banks (as of 31 December 2013) World Rank Local Name of Bank Tier 1 Rank Capital ($ Current Previous Mn) 268 251 1 BDO Unibank, Inc. 3,413 314 333 2 Metropolitan Bank & Trust 2,758 382 386 3 Bank of the Philippine 2,108 Islands 506 642 4 Philippine National Bank 1,394 590 655 5 Rizal Commercial Banking 1,099 Corp. 680 663 6 Security Bank 880 681 702 7 China Banking 878 Corporation 751 765 8 Union Bank of the 736 Philippines 12

  13. Credit Ratings Capital Moody’s Fitch Intelligence 31 Mar 14 30 Apr 14 08 Oct 13 Issuer/Debt Rating (IDR) Long Term Baa3 BB+ BB+ Short Term Prime-3 B Outlook Positive Positive Positive Bank Financial Strength Rating (BFSR) D+ bb+ BBB- Outlook Stable Stable Baseline Credit Assessment (BCA) baa3 Adjusted BCA Rating baa3 Source: Moody’s, Fitch and Capital Intelligence 13

  14. Trading Fact Sheet Stock Details Type Common Shares Stock Ticker BDO ISIN PHY077751022 Exchange Philippine Stock Exchage Par Value P10.00 Outstanding No. of Shares 3,580,875,328 Foreign Owneship Up to 40% American Depositary Receipts (ADR) Program Details Type Sponsored Level 1 ADR ADR Ticker BDOUY ISIN US05537Y3045 Ratio 1 ADR = 10 Ordinary Shares Depositary Bank Deutsche Bank Trust Company Americas Contact Details ADR Broker Helpline Tel (New York) + 1 212 250 9100 Tel (London) + 44 207 547 6500 Email adr@db.com ADR website www.adr.db.com Depositary Bank's Local Custodian Deutsche Bank AG, Manila Branch 14

  15. Presentation Outline I. OVERVIEW II. FINANCIAL HIGHLIGHTS III. OWNERSHIP, BOARD, AND MANAGEMENT IV. CORPORATE GOVERNANCE AND CORPORATE SOCIAL RESPONSIBILITY IV. AWARDS AND CITATIONS

  16. 1H14 Income Statement (in PHP billion) 1H14 1H13 YoY % Interest Income 30.6 27.0 13% Interest Expense 5.9 7.1 -15% Net Interest Income 24.7 19.9 24% Non-interest Income 14.2 20.4 -30% Fee Income 8.3 7.7 8% Trading & FX 4.2 11.0 -62% Others 1.7 1.6 6% Gross Op Income 38.9 40.1 -3% Operating Expense 24.2 21.1 15% Pre-Provision Op Profit 14.7 19.0 -22% Provisions 2.6 4.0 -38% Taxes 1.1 0.9 22% Net Income 11.1 14.1 -22% 16

  17. 2009 to 2013 Income Statement (in PHP billion) 2009 2010 2011 2012 2013 Interest Income 48.8 49.9 50.5 54.0 56.6 Interest Expense 18.3 15.8 16.9 17.9 13.4 Net Interest Income 30.6 34.2 33.6 36.1 43.2 Non-interest Income 15.5 17.8 20.9 24.4 31.8 Fee Income 9.6 10.4 12.3 13.4 15.5 Trading & FX 3.6 5.8 5.6 8.2 12.8 Others 2.3 1.6 3.0 2.8 3.6 Gross Op Income 46.0 52.0 54.5 60.5 75.0 Operating Expense 32.1 34.8 35.8 39.5 43.3 Pre-Prov Op Profit 13.9 17.2 18.7 21.0 31.7 Provisions 6.2 6.7 6.1 4.9 7.0 Taxes 1.7 1.6 1.7 1.6 2.1 Net Income 6.0 8.8 10.8 14.5 22.6 17

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