MCB Bank Limited - Lahore Stock Exchange
MCB Bank Limited - Lahore Stock Exchange
MCB Bank Limited - Lahore Stock Exchange
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>MCB</strong> <strong>Bank</strong> <strong>Limited</strong><br />
Corporate Briefing<br />
Program<br />
<strong>Lahore</strong> <strong>Stock</strong> <strong>Exchange</strong><br />
May 6, 2013<br />
<strong>MCB</strong> <strong>Bank</strong> <strong>Limited</strong><br />
Pakistan
<strong>MCB</strong> <strong>Bank</strong> <strong>Limited</strong><br />
Registered<br />
Office<br />
<strong>Lahore</strong>, Pakistan<br />
Founded 1947<br />
Nationalised 1974<br />
Privatised 1991<br />
Listed (Ord.<br />
Shares)<br />
(GDRs)<br />
KSE, LSE, ISE<br />
London <strong>Stock</strong> <strong>Exchange</strong><br />
PKR Mln<br />
As of March 31, 2013<br />
USD Mln<br />
Total Assets 759,116 7,711<br />
Total Gross<br />
Advances<br />
262,360 2,665<br />
Total Deposits 567,799 5,748<br />
<strong>Bank</strong>ing Operations<br />
Retail, Consumer & SME<br />
Wholesale & Investment <strong>Bank</strong><br />
Treasury and Capital Markets<br />
Subsidiaries<br />
Arif Habib Investment <strong>Limited</strong><br />
MNET Services (Pvt.) Ltd.<br />
<strong>MCB</strong> Trade Services Ltd. (HK)<br />
<strong>MCB</strong> Financial Services Ltd<br />
<strong>MCB</strong> Leasing - Azerbaijan<br />
ATMs* 680<br />
Branches 1,188<br />
Staff strength –<br />
permanent*<br />
Share price – closing<br />
(Mar 29, 2013)<br />
10,612<br />
189.29<br />
Paid-up Capital (M) 10,118<br />
Authorized Capital (M) 15,000<br />
Free Float (% of O/S<br />
shares)<br />
Foreign Shareholding in<br />
<strong>MCB</strong>*<br />
37.05%<br />
36.50%<br />
ROA 3.02% (YE2012: 2.95%)<br />
ROE 25.51% (YE2012: 25.07%)<br />
Associated Companies<br />
Adamjee Insurance Co. Ltd<br />
First Women <strong>Bank</strong> Ltd<br />
Ratings – PACRA<br />
Long Term – AAA<br />
Short Term - A1+<br />
Euronet Pakistan (Pvt) Ltd<br />
2<br />
*As of December 31, 2012<br />
Financial numbers based on Standalone financial statements
<strong>MCB</strong> <strong>Bank</strong> <strong>Limited</strong><br />
Executive Summary<br />
- First <strong>Bank</strong> in Pakistan to be listed on<br />
London <strong>Stock</strong> <strong>Exchange</strong> in 2006 through<br />
launch of Global Depository Receipts<br />
(GDRs)<br />
- First financial institution to launch Mobile<br />
<strong>Bank</strong>ing in Pakistan<br />
- Benchmarked risk management<br />
methodologies and prudent lending<br />
strategies<br />
- One of the largest <strong>Bank</strong>s in Pakistan<br />
with an asset base of PKR 759B as of<br />
1Q2013<br />
- Highest profit generator in the sector<br />
PBT: 8.7B & PAT: 5.8B and only <strong>Bank</strong><br />
to register increase in Profits (amongst<br />
Top 5 largest <strong>Bank</strong>s) in the First<br />
Quarter Ended March 31, 2013<br />
-Highest cash dividends to<br />
shareholders in banking industry<br />
(1Q2013: 35%, 2012: 130%)<br />
3<br />
• KSE Top 25 Companies:<br />
#15<br />
• Highest free float in the<br />
banking sector<br />
• Highest market<br />
capitalisation in banking<br />
sector<br />
- Strategic partnership with Maybank<br />
Berhad (20% strategic holding in <strong>MCB</strong>)<br />
- Leading setup in SriLanka as the largest<br />
foreign bank<br />
- Highest rating in the country (PACRA:<br />
Long Term: AAA, Short Term: A1+)<br />
- Leading ATM network in the country<br />
(2012: 680 operational machines)<br />
- Scrip with the highest free float in<br />
the industry (Mar 31, 2013: 37.05%)<br />
and highest market capitalisation<br />
- Outstanding Return on Equity<br />
(1Q2013: 25.51%) and highest Return<br />
on Assets (1Q2013: 3.02%) in Peer<br />
Group<br />
- Highest CASA base (1Q2013:<br />
86.36%) with one of the lowest cost of<br />
deposits emanating in healthy spreads<br />
in the banking sector<br />
Financial numbers based on Standalone financial statements
Statement of Financial Position<br />
<strong>MCB</strong> <strong>Bank</strong> <strong>Limited</strong><br />
Rs. In mln<br />
Unconsolidated<br />
Q1 13 YE 12 YE 11<br />
1Q13 vs.<br />
YE12<br />
%<br />
YE12 vs.<br />
YE11<br />
%<br />
Assets 759,116 767,075 653,233 -7,959 -1% 113,842 17%<br />
Advances - net 240,384 239,583 227,580 801 0.33% 12,003 5%<br />
Gross Advances 262,360 262,392 249,914 -33 -0.01% 12,478 5%<br />
Investments 402,733 402,069 316,652 664 0.17% 85,417 27%<br />
Cash and Balances with <strong>Bank</strong>s & Lendings to<br />
Financial Institutions<br />
52,727 60,164 56,359 -7,437 -12% 3,805 7%<br />
Liabilities 654,796 664,604 564,431 -9,808 -1% 100,173 18%<br />
Deposits 565,799 545,061 491,189 20,738 4% 53,872 11%<br />
- CASA 488,634 464,411 399,687 24,223 5% 64,724 16%<br />
- TDRs 77,164 80,650 91,502 -3,486 -4% -10,852 -12%<br />
Borrowings 49,504 78,951 39,101 -29,447 -37% 39,850 102%<br />
Bills Payable 9,422 9,896 9,467 -474 -5% 429 5%<br />
Net Assets 104,320 102,471 88,802 1,849 2% 13,669 15%<br />
Equity without surplus 92,024 88,877 78,915 3,147 4% 9,962 13%<br />
INVESTOR RELATIONS<br />
<strong>MCB</strong> BANK LIMITED
<strong>MCB</strong> <strong>Bank</strong> <strong>Limited</strong><br />
Advances<br />
Improvement in the quality of Advances<br />
1Q13: 9.41%<br />
QoQ<br />
1Q13: NPLs<br />
24,701M down<br />
by 3%<br />
+0.4%<br />
QoQ<br />
-1%<br />
QoQ<br />
-2%<br />
1Q13: 87.2%<br />
QoQ<br />
-3%<br />
Rs. In mln<br />
INVESTOR RELATIONS<br />
<strong>MCB</strong> BANK LIMITED
<strong>MCB</strong> <strong>Bank</strong> <strong>Limited</strong><br />
Deposits<br />
Deposits Breakup<br />
CASA Base %<br />
1Q13: 565,799M<br />
+4%<br />
Total Deposits<br />
Change in Deposit types<br />
Saving dep<br />
Current dep<br />
Term dep<br />
1Q13:<br />
Term: -4%<br />
Savings: +5%<br />
Current: +5%<br />
INVESTOR RELATIONS<br />
<strong>MCB</strong> BANK LIMITED
<strong>MCB</strong> <strong>Bank</strong> <strong>Limited</strong><br />
Profit and Loss Statement<br />
Unconsolidated<br />
Rs. In mln<br />
Q1 13 Q1 12 +/- %<br />
Mark-up Income 16,715 17,545 (830) -5%<br />
Mark-up Expense 6,993 6,847 146 2%<br />
Net Mark-up Income 9,723 10,698 (976) -9%<br />
Non Interest Income 2,350 2,413 (63) -3%<br />
Total Income 12,073 13,112 (1,039) -8%<br />
Non Mark-up Expense 4,236 4,494 (257) -5.7%<br />
admin expenses 4,338 4,423 (85) -2%<br />
PF reversal (300) (187) (113) 61%<br />
other charges 198 257 (59) -23%<br />
Profit before Provisions 7,837 8,618 (781) -9%<br />
Provisions -840 75 (916) -1217%<br />
against Investments (29) 1 (30) -5088%<br />
against loans & advances -811 75 (886) -1186%<br />
Profit before Tax 8,677 8,543 134 2%<br />
Taxation 2,909 2,972 (63) -2%<br />
Profit after Tax 5,768 5,571 197 4%<br />
INVESTOR RELATIONS<br />
<strong>MCB</strong> BANK LIMITED
<strong>MCB</strong> <strong>Bank</strong> <strong>Limited</strong><br />
Performance Ratios<br />
EPS, BV, P/E: includes the impact of bonus shares issued<br />
ROA, ROE and EPS: Annualised basis<br />
INVESTOR RELATIONS<br />
<strong>MCB</strong> BANK LIMITED
<strong>MCB</strong> <strong>Bank</strong> <strong>Limited</strong><br />
Recognitions<br />
‘Runner-up Best Corporate Report<br />
Award (<strong>Bank</strong>s) 2011”<br />
“Best Corporate Report Award 2010 –<br />
<strong>Bank</strong>ing Sector”<br />
“Best Corporate Report Award 2009 –<br />
<strong>Bank</strong>ing Sector”<br />
PCR Corporate Philanthropy Survey 2011: Certificate of<br />
Philanthropy<br />
Ranked 25 th out of 490 PLCs (by volume of donations)<br />
Ranked among the Top 25<br />
Companies in Pakistan<br />
2011: # 15, 2010: # 17, 2009: # 19,<br />
2008: # 23, 2007: # 23, 2005: # 15<br />
2 nd Runner Up Best Presented Annual<br />
Report Awards and SAARC Anniversary<br />
Awards for Corporate Governance<br />
Disclosures 2011 – Category Private<br />
Sector <strong>Bank</strong>s (including Co-operative<br />
<strong>Bank</strong>s)<br />
Joint 2nd runner-up in the banking<br />
sector - Best Presented Accounts and<br />
Corporate Governance Disclosure Awards<br />
2010<br />
Certificate of Merit for 2009 - <strong>Bank</strong>ing<br />
Sector subject to Prudential Supervision<br />
Euromoney Awards for Excellence 2012:<br />
Best <strong>Bank</strong> in Pakistan<br />
Best <strong>Bank</strong> in Pakistan 2011, 2008, 2003-<br />
2005, 2001, 2000<br />
Best <strong>Bank</strong> in Asia 2008<br />
Investor Relations Award 2011: Runner-up<br />
Best <strong>Bank</strong> of the Year 2011<br />
Most Stable <strong>Bank</strong> of the Year 2011<br />
Best Commercial<br />
<strong>Bank</strong> – Pakistan 2012<br />
Strongest <strong>Bank</strong> in Pakistan 2010<br />
Best <strong>Bank</strong> Led Mobile Money Transfer<br />
Program 2010<br />
2012: Ranked 624, 2011: Ranked 606, 2010: 621<br />
Country Ranking: 3 rd highest among the local<br />
Top 5<br />
CSR Business Excellence Award 2012:<br />
Best Media Coverage<br />
Triple A Country Awards 2012:<br />
Best Domestic <strong>Bank</strong> - Pakistan<br />
9<br />
Best Domestic <strong>Bank</strong> in Pakistan: 2009,<br />
2008, 2006, 2005 & 2004<br />
Financial numbers based on Standalone financial statements<br />
The QFC Asian <strong>Bank</strong>er Leadership Achievement Award 2010
<strong>MCB</strong> <strong>Bank</strong> <strong>Limited</strong><br />
Pakistan<br />
Thankyou<br />
For any further queries, please contact:<br />
invetsor.relations@mcb.com.pk<br />
Or visit:<br />
www.mcb.com.pk
Change language