Transcript Presentation

CRDB Bank Plc
Investor Briefing
As at 30th June, 2014
1
Outline

About Us

Summary of Financial Performance

Investment Ratios

Financial Performance Trend

CRDB Custodial Services

Shareholding structure
2
About Us
• Leading, wholly-owned private commercial bank in Tanzania.
•Established in 1996.
• Listed on the Dar Es Salaam Stock Exchange on 17th June,
2009.
• Offers corporate, retail, business, treasury, premier, insurance
and microfinance services.
• Over 28,000 shareholders.
• 21.5% major strategic shareholder – DIF.
• 2,352 employees.
•Internet, mobile banking, Sim-banking and Agent Banking
services.
3
About Us
• 118 branches, a subsidiary in Burundi and a microfinance
subsidiary.
• 335 ATMs (325 Parent + 10 in Burundi).
•13 mobile branches.
• 450 Microfinance Partners.
• 984 POS Terminals.
• 845 Agents and Service Centres.
• 37 Extended Counters at Post Offices.
•1 Call Centre.
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Branches
•
118 branches plus 450
Partner Microfinance
Institutions (MFIs).
•
Present in every region in
Tanzania and 3 branches
in Burundi.
•
Up to district level in some
regions.
•
Online inter branch
communication through
branches linked via
satellite.
5
Vision:
To be the leading Bank, which is customer need driven with competitive
returns to shareholders.
Mission
To provide competitive and innovative financial products and services
leveraging technology to achieve distinctive customer experience. We strive
to create value for stakeholders and the society.
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Financial Performance Summary as at 30th June, 2014
Item
30/06/2014
TZS millions
30/06/2013
TZS millions
Change in (%)
Total Assets
4,029,666
3,145,492
28.1
Total Deposits
3,324,586
2,636,200
26.1
Loans, Advances
and Overdrafts
2,223,267
1,779,321
24.9
386,211
334,813
15.3
Net Income (Loss)
Before Tax ( group
cumulative)
58,818
62,206
(5.4)
Net Income (Loss)
After Tax (group
cumulative)
40,607
43,029
(5.6)
Shareholders’
Funds
7
CRDB Summary Financial Performance
Net Interest Income
206.0
Foreign Exchange Income
Fees & Commissions Income
28
235
59.0
22.3
22.1
72.0
88
48.1
157.0
125.0
91.3
108.8
13.0
31.1
15.2
125.0
53.2
39.5
12.3
1.5
2008
2009
2010
2011
2012
2013 Jun-14
2008
Non-Interest Expense
136.0
166.0
2009
2010
2011
2012
2013
Jun-14
2008
2009
Operating Income
2010
60.0
110.0
60.3
2012
2013
Jun-14
Net Income
108.0 122
203
76.0
85
64.0
45.8
51.0
47.0
40.5
86.5
71.1
2011
116.6
38.0
58.8
40.6
2008
2009
2010
2011
2012
2013
Jun-14
2008
2009
2010
2011
2012
2013
Jun-14
2008
2009
2010
2011
2012
2013
Jun-14
All figures in Tshs Billions
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Summary of Financial Performance Trend
Profit -TZS Billions
80
76
Profit trend-Tzs Bln
Years
41
2008
2008
2009
2010
46
2011
2012
2013
Jun-14
2009
Amount
41
46
47
47
38
76
80
40.6
2010
40.6
38
2011
2012
2013
Jun-14
NB: The drop in 2011 was caused by malfunctioning of the foreign exchange trading computer system. The
anomaly was realised only after year-end processed and rectified (see 2011 Annual report page 9).
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Investment Ratios as at 30th June, 2014
Share Performance (cumulative data)
Market Price (closing)
TZS 320.0
Earning per share (EPS)
18.0
Price Earning Ratio (P/E)
17.8
Book Value (BV)
Price book Value Ratio (P/B)
Market Capitalization (TZS billions)
Foreign Holding (%)
177.4
1.8
696.5
18.6
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Investment Ratios
Balance Sheet Data & Statistics– TZS Millions
2010
2011
2012
2013
June 2014
Total Assets (Millions Tshs)
2,305,402
2,713,641
3,074,840
3,545,438
4,029,666
Loans, Advances & Overdrafts
1,123,347
1,429,262
1,806,865
1,993,106
Deposits
2,019,393
2,408,676
2,557,903
2,966,647
233,511
254,764
310,754
376,621
386,211
1,437
1,658
1,898
2,158
2,352
134,783
117,746
52
59
56
9.4
20.0
6.5
22.0
6.0
24.0
3.0
4.0
3.6
9.3
10.1
10.6
Shareholders Funds
Number of Employees
NP Loans & Advances
Loans/Total Assets (%)
121,338
49
NPL Ratio/Total gross loans (%)
11.0
ROE % ( on average equity)
27.0
ROA % (on average asset)
Total Capital/Assets (%)
3.0
10.1
122,008
2,223,267
3,324,586
184,833
55
8.0
26.0
3.7
10.0
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Financial Performance Trend
Total Deposits-TZS Billions
3,324
Total Deposits-Tzs Bln
2,966
Years
2008
2009
2010
2011
2012
2013
1621
Jun-14
Amount
1273
1621
2,018
2,018
2,409
2,557
2,966
3,324
2,557
2,409
1273
2008
2009
2010
2011
2012
2013
Jun-14
12
Total Assets-TZS Billions
13
Capital / Shareholder’s fund – TZS Billions
376
Total Capital- TZS Blns
386
310
255
Amount
Years
2008 202 141
202
2009
234
2010
141 2011
255
310
2012
376
386
2013
Jun-14
2008
234
2009
2010
2011
2012
2013
Jun-14
14
Loan Portfolio-TZS Billions
15
Loan Portfolio by Sectors
KEY
Loans Portifolio by Sector
Financial intermediaries,
Trading & Commerce 19%
Sector
Percentage
Financial intermediaries, Trading &
2%
Commerce 19%
Manufacturing & Processing 10%
20% Hunting Fishing &
Agriculture, Livestock,
Forestry 21%
Communication & Transport 9%
Education 4%
Real Estate 4%
Building & Construction 5%
Tourism, 5%
Hotels& restaurant 6%
Utilities and Public Services 5%
Personal/Consumer 20%
Others 2%6%
Manufacturing & Processing
10%
19%
Agriculture, Livestock, Hunting
Fishing & Forestry 21%
19%10%
21%
9%
4%
4%
5%
6%
5%
20%
2%
105%
Communication & Transport
9%
Education 4%
10%
Real Estate 4%
Building & Construction 5%
Tourism, Hotels& restaurant
6%
5%
21%
4%
4%
9%
Utilities and Public Services
5%
Personal/Consumer 20%
Others 2%
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CRDB Bank Custodial Services
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Safekeeping of Financial Securities
Transaction Processing, clearing and
settlements
Collection of Income on Investments
Corporate Actions - One Stop Information
Delivery
Securities Valuation and Reporting
Foreign Exchange trading
Proxy Voting
Tax reclaim facilitation
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Who do we Serve


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



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Unit Trust Schemes
Fund Managers
Pension Funds
Foreign Portfolio Investors
Financial Institutions
Insurance Companies
High Net-Worth Individuals
Brokers/Dealers
Global Custodians
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Why Choose CRDB Bank




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Sound procedures ensuring professional
services to client
Clear Custody Agreements and SLA with
our Clients
All information at a glance
Enjoy value of valuation reporting
Reliable and Efficient Information Systems
(Custody 2000)
Relationship Management
Long experience in Capital Market
Operations
Understanding of the local environment and
regulations
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Competitiveness



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Competitive package tailored to client needs
Charges based on Asset Value
Cash and Securities Statement delivery as you may
require
Always open for negotiation
Contacts
•
Mr. Charles Itembe
Senior Manager Custodial Services
•
Ms. Ziada Yusuph
Senior Custodial Officer
Tel +255 737 205 857/+255 737 205858

Fax +255 736 502 850

Email: [email protected]
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Shareholding Structure
• Current shareholding as at 30th June, 2014.
•Each 10% in shareholding is entitled to one board seat.
Public Services Pension Fund
Name of Shareholder
% Holding
Above 10%
31.5
Less than 10% and above 1%
22.3
Less than 1%
31.5
46.2
Above 10%
46.2
Less than 10% and above 1%
Less than 1%
22.3
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30/06/2014
NAME
SHARES
%
Above 10%
DANIDA Investment Fund
467,781,934
21.5
PPF Pension Fund
217,401,746
10.0
Sub Total
685,183,680
31.5
SCB (T) Nominee Ltd Standard Chartered Bank (Mauritius) Re Pictet and CIE A/C Blakeney General Partners III Ltd-TZ
66,205,578
3.0
SCB (T) Nominee Ltd Standard Chartered Bank (Mauritius) Re Altree Custody Services Ltd - 008 - Tanzania
56,305,499
2.6
SCB (T) Nominee SCB Mauritius Re: Standard Chartered Kenya Nominees A/C Pinebridge
51,872,400
2.4
LAPF Pension Fund
48,397,958
2.2
SCB (T) Nominee Ltd Standard Chartered Bank (Mauritius) Re Pictet and CIE A/C General Partners IV Ltd-TZ
44,982,392
2.1
Western Zone Tobacco Growers Cooperative Union Ltd
36,000,000
1.7
PSPF Pension Fund
31,531,350
1.4
CMG Investment Ltd
29,859,249
1.4
National Health Insurance Fund
25,280,595
1.2
Hans Macha
25,082,800
1.2
SCB (T) Nominee Ltd Standard Chartered Bank (Mauritius) Re SCB Ghana A/C Epack Investment Funds Limited
24,790,240
1.1
Lindi Development Fund
21,660,000
1.0
SCB (T) Nominee Ltd Standard Chartered Bank (Mauritius) Re Pictet And CIE A/C Patrick Schegg
21,230,300
1.0
483,198,361
22.3
More than 28,000 shareholders
1,008,150,119
46.2
Grand Total
2,176,532,160
100
Above 1% and less than 10%
Sub Total
Less than 1%
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Thank you
for your attention.
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