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7/29/2019 Analyst Meeting Juni 2012
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Corporate Presentation
Unadited Financial Report 2012
Analyst Meeting
PT Bank Pembangunan Daerah Jawa Timur Tbk
Ritz Carlton Hotel-Jakarta, 1 August 2012
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Table of Content
page
Macro environment 4-8
Macro economic environment 5Banking sector performance 6
Banking sector performance-East Java 7
Economic prospect of East Java toward Bank Jatim 8
Financial Review 9-15
Balance Sheet Summary 10
Income Statement Summary 11
Financial Ratio 12
Earning Asset Composition 13
Loan Breakdown 14
Top Ten Loan by Industry Concentration 15
page
Performance Overview 16-31
Bank Jatim Key Financial Highlight 17Lending Growth 18
Multipurpose Loan Strengthen Lending Position 19
Multipurpose Loan Strengthen Lending Position 20
(East Java)
Third Party Fund Raising 21
Correlation between NIM, CoF and Productive Assets 22
Operational Networking 23
Human Resources 24
Risk Profile 25
Good Corporate Governance 26-27
Award & Achievement 28
Growth Strategy for Enhanced Business 29
IT Development Strategy 30
Strategy 31
Corporate Profile 32-37
Share Ownership 33
Board of Commissioner 34
Board of Director 35
Share Performance 36
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Agenda
Macro economic Review
Financial Overview
Performance Overview
Corporate Profile
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Macro economic Review
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Macro Economic Review
Inflation pressure under control (national)
CPI inflation in May 2012 was 0.07% (mtm) or on an
annual basis was recorded at 4.45% (yoy). The
contained inflation was in line with the movement of
core inflation, which remained low (4.14%, yoy),attributable to declining global commodity prices and
contained domestic demand.
Optimized growth at 6,3%
Indonesia economic growth quarter III-2012 predicted
lower grow at 6,3% and within the range 6,1%-6,5%
on 2012 and 6,3%-6,7% on 2013.
BI Rate predicted at 5.75%
Exchange rate level still consistent with inflation
estimation toward with still low and controlled within
the range which defined, at 4,5% + 1% on 2012 and
2013.
Rp/USD exchange rate is on Rp9.200-Rp9400
Source: Bank Indonesia
Source: Bloomberg
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Banking Sector Performance
May 2012, loans has growth about 26,59% compared with
May 2011 which reach IDR 1.899 trillion and Third Party
Funds also record growth about 21,36 % compared with May2011 which reach IDR2.826 trillion. Besides, Working Capital
Loan at the May 2012 has growth about 27,86% compared
with May 2011 which reach IDR 707 trillion and Investment
Loan at the May 2012 has growth about 27,67% compared
with May 2011 which reach IDR 300 trillion.
Description* Dec-11 May-12 %
Loan 222,4 237,3 6,23
Third Fund Party 252,3 260,5 3,15Source: Bank Indonesia
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Deskripsi* Mei-11 Mei-12 YoY
Loan 1.899 2.404 26,59
Third Party Fund 2.397 2.909 21,36
LDR 78,45% 81,61% 4.03%
ROA 2,97% 3,05% 2.69%
CAR 17,41% 17,87% 2.64%
East Java
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The Economic Prospect of East Java Towards Bank Jatim
We have strong macroeconomic backdrop in East Java that provides us economic opportunity to grow our
bank in size and quality.
Second-largest contributor towards
Indonesian economy. Approximately 15% of
the national GDP comes from East Java;
In 2011, EastJavas economy grew at 7.2%,
faster than national economic growth at
6.5%. In 2012, East Java estimates will grow
7.5 %;
As of 4th quarter 2011, placed as second
largest GDP in Java Island , accounting for14.7% of Java islands economy;
The relatively high loans-to-deposits ratio,
and low levels of non-performing loans.
The inflation rate calendar year (January-
May 2012) in East Java reached 0.99
percent, while the inflation rate year on year
(in May 2011 to May 2012) for 4.58 percentof East Java.
5.9%
6.4%
9.3%
4.3%
6.1%5.8%
6.1%6.2%
5.0%
6.7%
5.2%
5.7%
6.4%
4.7%
6.1%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
2006 2007 2008 2009 2010
West Java & Banten East Java Nat ional
Source: Indonesia Statistic Bureau
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The Economic Prospect of East Java Towards Bank Jatim
For economic sector that most growth in March 2011-March 2012 are transportation and
communication by 13, 01 percent followed by 10,18 percent of Construction sector, Trade, Hotel and
Restaurant of 9,69 percent and agriculture of 2,25 percent.
The contribution of the Trade, Hotel and Restaurant on total economic growth in East Java to achieve
the highest level of 2.99 percent, followed by 1.55 per cent of Manufacturing sector, Transportation
and Communication sector 0.90 percent, 0.39 percent of the agricultural sector, financial sector ,
renting and business services 0.41 percent, the services sector 0.43 percent and 0.30 percent of the
construction sector. While mining and quarrying, and electricity, gas and water supply growthcontributed 0.10 percent and 0.11 percent
Source: Indonesia Statistic Bureau
8
Economic sector Growth March 2011
March 2012 Contribution for east Java (March2011- March 2012
Transportation &
Communication
13,01% 0,90 %
Construction 10,18% 0,30 %
Trade, Hotel, &
Restaurants
9,69% 2,99 %
Agriculture 2,25% 0,39 %
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Financial Overview
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Balance Sheet Summary
10
(In billion rupiah)
Jun-11 Sep-11 Des-11 Mar-12 Jun-12 YoY
Total Assets 24.442 25.751 24.847 29.340 30.234 23,70%
Secondary Reserve-Gross 7.386 7.697 6.097 10.342 9.864 33,56%
SBI & Other Placement in
BI3.202 3.768 2.633 6.685 3.723 16,30%
Placement with other
Bank
4.184 3.929 3.463 3.657 6.141 46,76%
Loans 14.880 15.850 16.135 16.562 18.085 21,54%
Impairment on financial
assets(230) (203) (101) (150) (284) 23,64%
Third Party Funds 20.744 21.507 19.935 24.203 25.101 21,01%
Current Account 10.342 10.314 8.177 12.143 10.724 3,69%
Saving Account 4.542 5.128 7.081 5.906 6.426 41,49%
Time Deposit 5.860 6.066 4.677 6.154 7.951 35,68%
Equity
Tier 1 2.417 2.499 2.604 3.354 3374 39,58%
Tier 2 154 169 171 160 171 11,33%
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Income Statement Summary
11
(in billion Rupiah)
2Q11 3Q11 4Q11 1Q12 2Q12
Interest Income 639 719 718 666 701
Interest Expense (196) (210) (209) (197) (221)
Net Interest Income 443 510 509 469 480
Non-Interest Operating Income 104 15 87 73 100
Non-Interest Operating Expense (300) (176) (337) (255) (378)
Impairment Provision (25) 31 (23) (60) (156)
Operation Expenditure (275) (207) (313) (195) (222)
Net Non Interest Income (196) (161) (250) (182) (278)
Pre-Provision Operating Profit 273 318 282 347 358
Operating Profit 247 349 259 287 202
Non Operational Income 3 2 2 4 (1)
Pre-Tax Profit 250 351 261 291 201
Income Tax (62) (88) (95) (73) (50)
Net Profit 187 263 166 218 151
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Financial Ratio
RATIO Jun-11 Sept-11 Dec-11 Mar-12 Jun-12
ROA 5,05% 5,29% 4,97% 4,26% 3,43%
ROE 33,30% 36,25% 33,65% 27,18% 22,44%
NIM 7,77% 7,94% 7,95% 6,89% 6,63%CAR 16,64% 15,99% 16,53% 21,47% 20,51%
LDR 71,33% 73,22% 80,11% 67,90% 71,52%
NPL Gross 0,88% 1,18% 0,97% 1,36% 2,55%
NPL Nett 0,35% 0,48% 0,55% 0,75% 1,27%
BOPO 59,47% 57,09% 60,02% 61,15% 68,23%
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Earning Asset Composition
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Loan Breakdown
Loan Jun-11 Dec-11 Jun-12 YoY
Multipurpose* 8,65 8,87 9,48 9,60%
KUR 1,36 1,71 1,87 37,50%
Keppres 0,37 0,52 0,69 86,49%
Standby Loan 0,71 0,62 0,82 15,49%
SyndicatedLoan
0,85 1,00 1,00 17,65%
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Top Ten Loan by Industry Concentration
No Sector Jun-11 Dec-12 Jun-12
1 House hold 38.98% 47.04% 50.96%
2 Wholesale and retail trade 26.00% 19.50% 16.82%
3 Construction 10.01% 8.85% 9.60%
4 Farming, hunting and Forestry 5.73% 5.91% 5.76%
5 E lectric, Gas and Water 3.96% 4.40% 4.08%
6 Processing Industry 2.30% 2.50% 2.53%
7 Social services, social, cultural, entertainment and other personal 3.26% 2.80% 2.22%
8 Real estate, rental business and company service 2.48% 2.01% 1.85%
9 Education Service 1.67% 1.54% 1.35%
10 Financial intermediary 0.53% 0.75% 1.25%
Others 5.08% 4.70% 3.58%
TOTAL 100% 100% 100%
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Performance Overview of Bank Jatim
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Bank Jatim Key Financial Highlights
Position Jun-11 Jun-12 YoY
Total Asset 24,44 30,23 23.70%
Outstanding Loans 14,88 18,09 21.54%
Third Party Funds 20,74 25,10 21.01%
Net Interest Income 0.91 0.95 4.40%
Non Interest Income 0.15 0.17 13.33%
Pre-Tax Profit 0.58 0.49 -15.52%
Net Profit 0.43 0.38 -11.63%
Ratio Jun-11 Jun-12
ROA 5.05% 3.43%
ROE 33.30% 22.44%
NIM 7.77% 6.63%
LDR 71.33% 71.52%
NPL Gross 0.88% 2.55%
NPL Net 0.35% 1.27%
CAR 16.64% 20.51%
Total Asset increased by 23,69% YoY to
30,23 trillion;
Outstanding Loans grew by 21,57% YoY to
18,09 trillion;
Third Party Fund increased by 21,12% YoY
to 25,29 trillion;
CAR reached 20,51%
17
Net profit = 75%>< Pre tax profit (assumption)
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Lending Growth
Loans Jun-11 Dec-11 Jun-12 YoY
Working Capital 6,20 5,83 6,41 3,39%
Investment 2,82 2,61 2,33 -17,38%
Consumer 5,86 7,69 9,35 59,56%
Outstanding Total 14,88 16,13 18,09 21,57%
Total outstanding loan increased by
21,57% YoY to 18,09 trillion. It
supported by consumer loan whichcontributed 51,69% of overall
outstanding loan.
Consumer growth increase
significantly on 4th Quarter 2011 to
2ndquarter 2012 with range 21,59%;
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Lending Growth
Loans Dec-11 May-12% Dec-11 s/d
May-12
Working Capital 128,3 135,1 5,03%
Investment 30,1 33,7 10,68%
Consumer 63,8 68,4 6,72%
Outstanding Total 222,4 237,3 6,28%
LENDING GROWTH EAST JAVA
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(In Trillion Rupiah)
For Lending Growth in East Java, the working capital credit has the largest proportion of Rp 135.1
trillion compared to Rp 237.3 trillion in total loans.
As for the growth from December 2011 to May 2012 which has the highest growth is investment loan
which grew 10.68% from December 2011 to May 2012.
In East Java Total loans grew 6.23% from December 2011 to May 2012
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Multipurpose Loan Strengthen Lending Position
Out of 471,814 civil servants in East Java,
around 52,88 % has been served by Bank
Jatim in June 2012
East Java civil servants are increasing at 14
% in 2011. January-June 2012 increasing 4
% and Q3 will be new civil servant
recruitment.
Borrowers are civil servant whose salary is
paid via their payroll Bank Jatim account.
Multipurpose loan Desember 2011 are
247,024 increase to 249,508 in June 2012 .
20
2010 2011 June 2012
Total Kreedit
(trilyun)8,28 8,87 9,480
Plafon j(uta) 32.5 35.9 40.9
Rekening PNS 398.601 454.235 471.814
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Third Party Fund Raising
Third Party Fund
Third Party Fund increased by 21,24%to Rp25,29 trillion (YoY) with Time
Deposit and Saving Account
contribution.
Time Deposit which contributes
31,95% of Third Party Fund total
increased progressively 28,87% (QoQ)
and 36,03% (YoY)
Saving Account provides 25,62% of
Third Party Fund total increased
progressively 8,91% (QoQ) and
41,79% (YoY)
CASA Ratio 2nd Quarter reach 68,05%
(above banking industry )
Third Party Fund
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Correlation between NIM, CoF and Productive Assets
Cost of Fund decrease shows thatBank Jatim has low cost of
funding
Net Interest Margin decrease
because of lending rate has
slightly decrease for marketlending strategy
The result Productive Assets
increase by 18,38%
Bank Jatim NIM reach aboveNational Average NIM that 5,53%
on May 2012
In billion Rupiah
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Operational Networking
CATEGORY Dec-11 Jun-12 BUSINESS PLAN 2012
Conventional Branch Office 40 40 0
Conventional Sub Branch Office 64 64 25
Sharia Branch Office 1 1 0
Sharia Sub Branch Office 3 3 0
Cash Office 164 167 13
Sharia Office Channeling 47 47 0
Payment Point 115 124 29
Mobile Cash/Counter 57 57 9
ATM Mobile Cash 4 6 2
Cash Deposit Machine 1 1 0
ATM* 262 274 115
Until June 2012, Bank Jatim ATM was join with ATM Bersama networking about 40.837 terminal, ATM Prima
Networking about 39.216 terminal and could be use in transaction wit EDC machine in merchant with Prima Debit
logo.
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Position Mar-11 Jun-11 Sept-11 Dec-11 Mar-12 Jun-12
BoC 4 4 4 4 4 4
BoD 4 5 5 5 5 5
Management 1 12 8 14 14 13 14
Management 2 141 135 145 155 167 186
Management 3 443 438 483 478 556 530
Staff 1441 1450 1385 1362 1281 1260
Total 2045 2040 2036 2018 2026 1999
Non
Permanent71+1115 206+1229 244+1349 370+1557 331+1684 424+1766
Total 3231 3475 3629 3945 4041 4189
Description
Management 1 : Head of Division
Management 2 :Branch Manager, Sub Division Leader, Sub Operational Manager, Sub Branch Manager, Relationship Manager,
Senior Analyst
Management 3 : Assistant Relationship Manager, Supervisor and Cash Office Manager
Non Permanent : Contractual Employee, Employee Candidate and Outsourcing Employee
Human Resources
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Risk Profile
RiskProfile
Loan Risk
MarketRisk
LiquidityRisk
OperationalRisk
Law Risk
StrategicRisk
ReputationRisk
ComplianceRisk
Risk Type Jun-11 Sept-11 Dec-11 Mar-12 Jun-12
Loan Moderat Moderat Low Low LowMod
Market Low Low Lowmod Low Low
Liquidity Low Low Low Low Low
Operational Moderat Moderat Lowmod Lowmod Lowmod
Law Low Low Low Lowmod Lowmod
Reputation Moderat Moderat Low Lowmod Lowmod
Strategic Low Low Lowmod Lowmod Lowmod
Compliance Low Low Low Low Low
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Good Corporate Governance
GOOD CORPORATE GOVERNANCE IMPLEMENTATION
POLICY
CODE OF CONDUCT SELF ASSESMENT
ACCOUNTABILITY TRANSPARENCY RESPONSIBILITY INDEPENDENCY FAIRNESS
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SELF ASSESMENT GOOD CORPORATE GOVERNANCE IMPLEMENTATION JUNE 2012
ASSESMENT OF ASPECT SCORE WEIGHT S X W
BoC task and duty implementation 1.175 10% 0.118
BoD task and duty implementation 1.175 20% 0.235
Committe task completion and implementation 1.075 10% 0.108
Conflict of interest prevention 2.700 10% 0.270
Bank Compliance Function Implementation 1.225 5% 0.061
Internal Audit Function Implementation 1.950 5% 0.098
External Audit Function Implementation 0.700 5% 0.035
Risk Management Function Implementation including Internal Control System 2.235 7.5% 0.174
Prudential Principle in providing to related party and to big fund 1.725 7.5% 0.129
Financial and non financial condition transparency, GCG Report Implementation
and Internal Report2.250 15% 0.338
Bank Strategic Plan 2.250 5% 0.113
GCG COMPOSITE POINT 100% 1.679
RATING 2
Good Corporate Governance
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Awards & Achievements
Annual Report Award 2010 Committee State-owned
Company with Bapepam, Ditjen Pajak, Bursa Efek Indonesia,
Ikatan Akuntansi Indonesia and Corporate GovernanceNational Committee)
1st ranked Company Category SOE/ROE Financial Non
Listed
Persatuan Wartawan Indonesia East Java Branch
Trophy and Charter Award from Persatuan Wartawan
Indonesiaof East Java Branch to Bank Jatim of Financial
Performance Achievement.
Infobank Award 2011
Excellent Predicated on Bank category with asset 1 Trillion to 10
Trillion for 10 consecutive years
Investor Magazine 2011 & 2012
Best Regional Champion Bank with asset above Rp10
trillion
Bisnis Indonesia Daily NewspaperBPD Jatim Special RecognItion for CEO In Developing
Corporate Culture
PT BPD Jatim Special Recognition for CEO In Developing
Corporate
Culture
MRI & Info Bank5th Best Performance Overall Regional Bank
Tempo Magazine
The Best Bank in term of asset >10 trillon
Bisnis Indonesia Daily Newspaper
The Best Of 5th BUMD of The Year
ROE Performance Achievement.
-28-
Awards & Achievement
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Growth Strategy for Enhanced Business
Maintain and enhanced the quality of :
1. Loan portfolio2. Banking operation
3. Product and services
4. Human resources
Logistic and infrastructure
Reduce cost of fund
Expand Third Party Funding by Developing Product
Expand Loan by Enhanced Growth Multipurpose Loan(for
civil servant, pensioners ,others) and SME Loan Explore the new business such as clearing house for RB in
East Java
Growth
Efficiency
Quality
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IT Development and Strategy
Develop internet banking system (i-banking)
SMS and Mobile Banking (s-banking)
Electronic Loan transfer system Clearing House for Rural bank
as member APEX Bank
Cooperation with BCA for payment system using debit card
dan credit card for Regional Public Hospital and Private
Hospital
Deployment payment system online system host to host for
Regional Tax (Dispenda), Payment for educational fee, water
bills and other payment utilities like Electricity bills.
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Strategy
SHORT TERM + MIDDLE TERM BPD REGIONALCHAMPION (BRC)
With the development of the business climate in East Java, a growing number of competitors who see the
potential to penetrate the banking market in East Java
Bank Jatim focus in the Year 2012
Bank Jatim has a short-term target is to increase
the bank's performance with respect to service
quality and customer satisfaction with :
Increase the target for the collection of Third
Party Funds to 16,95%;
Target of 24% credit amount is prioritized to
the Credit of Micro, Small and Medium
Enterprises (SMEs) with a composition of at
least 80% of total loans and a maximum of
20% for corporate;
LDR increase to 78 85 %;
Maintaining Operating Expense to OperatingIncome of 62,63%
Bank Jatim focus in the Year 2014
In the medium term until the year 2014 the
main focus is:
Increase the target for the collection of Third
Party Funds to 18,62%;
Target number of credit amounting to
24.94% who prioritized for Micro Credit,
Small and Medium Enterprises (SMEs) with a
composition of at least 80% of total loans and
a maximum of 20% for corporate;
LDR maintaiin 85 %;
Maintaining Operating Expense to OperatingIncome of 64,77%
- Become BPD Regional
Champion (BRC)
- Increase in the Company's
performance in terms of
financial and non-financial
- Expansion of service network to
strengthen the competitiveness
of the Company and continue
to serve the people of East Java
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Corporate Profile
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Share Ownership
Share Ownership %
Shareholders-Series A 80,00
Provincial Government of East Java 51,46
Regency and the city of East java 28,54
Shareholders-Series B 20,00
Local Investor-Individual 3,97
Local Investor-Business Entities 13,20
Foreign Investor- Business Entities
& Individual2,83
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Board of Commissioner
From left to right:
IsnantoIndependent Commisioner
Position period
(2011-2015)
Chairul DjaelaniCommisioner
Position period
(2011-2015)
WibisonoIndependent Commisioner
Position period
(2011-2015)
MuljantoPresident Commisioner
Position period(2011-2015)
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Board of Director
Hadi SukriantoPresident Director
Position period
(2011-2015)
From left to right:
PartonoAgrobusiness & Sharia
Business Director
Position Period
(2011-2015)
Djoko LesmonoMiddle and Corporate
Business Director
Position period
(2011-2015)
SuparlanCompliance Director
Position period
(2011-2015)
Eko Antono
Operational Director
Position period
(2011-2015)
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Share Performance
Investor Relation Unit
Head Office Bank Jatim 2nd floor
Rachmad 98-104 Street
Surabaya-60271
Email:
Contact Person:
1. Revi Adiana Silawati
Corporate Secretary
2. Ferdian Timur SatyagrahaInvestor Relation Unit
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mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]7/29/2019 Analyst Meeting Juni 2012
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Thank You
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