UCO Bank · NSE:UCOBANK
UCO Bank — Q3 FY2011 Earnings Presentation
32 slides from UCO Bank's earnings presentation, Jan 28, 2011
Slide 1: UCO Bank
UCO BANK KOLKATA, 28™ JANUARY 2011
Slide 2: Financial Highlights
FINANCIAL HIGHLIGHTS QUARTER’ NINE MONTH ENDED 31S’ DECEMBER , 2010 G) UCO BANK KOLKATA, 28' JANUARY 2011
Slide 3: Branch Network (31.12.2010)
BRANCH NETWORK (31.12.2010) Total 2167 445 Branches (+4) 805 Rural 805 Semi 436 Urban 481 Urban 481 Metro 445 436 ATM 563 Rural Semi Urban Urban Metro All branches under CBS Presence in all States & Union Territories Two Branches each in Hong Kong & Singapore Centres Representative Offices in Kuala
Slide 4: Performance Highlights
PERFORMANCE HIGHLIGHTS (` in crores) Variation Q3 FY ‘11 Over Q3 Q3 Q3 FY ‘10 GLOBAL FY ‘10 FY ‘11 Amt % Total Business 1,78,365 2,10,244 31,879 17.87 Deposit 1,04,059 1,20,758 16,699 16.05 Advances 74,306 89,486 15,180 20.43 Investments 34,084 40,798 6,714 19.70 Operating profit 462 765 303 65.58 N
Slide 5: Deposit Components (Domestic)
Deposit Components (Domestic) (` in Cr.) Sl. Y-o-Y Growth No. PARAMETERS 31.3.10 31.12.09 31.12.10 Amt % 1 Total Deposit 1,15,956 98,371 1,20,758 22387 22.75 2 Bulk + CD 52,589 38,756 50,690 11934 30.79 2a Bulk 44,125 30,729 34,818 4089 13.31 2b CD 8,464 8,027 15,872 7845 97.73 3 Core Deposit 63,367
Slide 6: Financial Results (Global, Q3)
Financial Results (` in crores) Q3 Q3 Y-o-Y Growth GLOBAL FY ‘10 FY ‘11 Amt % Interest Income 2,375 2,894 519 21.85 Treasury Trading Profit 64 17 -47 Non-Interest Income 170 197 27 16 Total Income 2,609 3108 499 19.13 Interest Paid 1,747 1,832 85 4.86 Operating Expenses 399 511 112 Total Expenses 2,
Slide 7: Financial Results (Global, 9 months)
Financial Results (` in crores) (9-m) (9-m) Y-o -Y Growth GLOBAL FY ‘10 FY ‘11 Amt % Interest Income 7,090 8,302 1,212 17.09 Treasury Trading Profit 215 63 -151 -70 Non-Interest Income 497 570 73 14.64 Total Income 7,802 8,935 1,133 14.53 Interest Paid 5,510 5,302 -209 -3.78 Operating Expenses 1,152
Slide 8: Financial Results (Domestic, Q3)
Financial Results (` in crores) Q3 Q3 Y-o-Y Growth DOMESTIC FY ‘10 FY ‘11 Amt % Interest Income 2,332 2,841 509 21.83 Treasury Trading Profit 64 17 -47 Non-Interest Income 163 184 21 12.88 Total Income 2,559 3,042 483 Interest Paid 1,725 1,802 77 4.46 Operating Expenses 390 501 111 Total Expenses 2,
Slide 9: Break-up: Expenditure
Break-up : Expenditure (` in crore) Variation (Q3’11 Sl. Q3 Q3 Q2 Over Q3’10) PARAMETERS No. FY’10 FY’11 FY’11 Amt % 1 Interest. Paid on 1,604 1,634 1582 30 1.87 Deposit 2 Interest Paid on 103 71 118 -32 -31.07 Borrowings 3 Others 40 127 33 87 217.50 4 Total Interest Paid 1,747 1,832 1,733 85 4.87 (
Slide 10: Provisions: Nine Months
Provisions : Nine Months (` in crore) Variation Sl . FY (Dec’10 over Particulars Dec.’09 Dec.’10 Dec.’09) No. Mar’10 Amt. (%) 1 Provision towards 150 1,087 354 937 624.66 NPA 2 Standard Asset 10 31 6 21 210 3 Depreciation on 27 79 89 52 192.59 Investments 4 Pension/Employee 95 186 148 91 95.79 Benef
Slide 11: Performance Indices % (Global)
Performance Indices % (Global) Q3 Q3 PARAMETERS (FY 10) (FY 11) Yield on Advances 10.19 10.09 Yield on Investments 7.30 7.21 Cost of Deposit 6.34 5.57 Net Interest Margin 2.34 3.11 Return on Assets 0.85 0.86 Staff Cost (% of AWF) 0.92 1.05 BPE (` ` in Crore) 7.84 9.58 Cost to Income Ratio 46.36 40.0
Slide 12: Provisions (Qtr.)
Provisions (Qtr.) (` in crore) Variation Sl . Q3 Q3 Q2 (Q3’11 Particulars No. FY’10 FY’11 FY’11 over Q3’10) 1 Provision towards 30 338 430 308 NPA 2 Standard Asset 10 19 12 9 3 Depreciation on 96 20 50 -76 Investments 4 Pension/Employee 34 87 69 53 Benefits 5 Provision towards 5 8 5 3 tax 6 Others 4
Slide 13: Segment-wise Loans & Advances
Segment -wise Loans & Advances (` in Cr.) FY (9-m) (9-m) Y-o-Y Growth PARAMETERS Mar‘10 FY ‘10 FY ‘11 Amt % Total Loans & 77,678 64,149* 83,055 13,911** 20.12 Advances Flagship Credit 43,621 36,119 49,076 12,956 35.87 Mid Corporate Credit 10,121 9,830 10,852 1,023 10.40 Retail 9,075 9,038 8,910 -128
Slide 14: Impaired Asset Movement
Impaired Asset Movement (` in crores) March 2010 Sep.2010 Dec.2010 (for the year (for Half Year (for Nine ended March ended Sept. Month ended 2010) 2010) Dec. 2010) Gross NPA 1,539 1,666 2,059 Add: Slippages 1,109 1,094 452 Less: Recovery 982 702 211 1. Write Off 371 410 72 2. Upgradation 212 127 23
Slide 15: Restructured Assets
Restructured Assets (` in crore) Details of Restructured Account Accounts Amount Total Restructured Assets as on 79,091 5,851 31.03.2010 Add: Accounts restructured during 9- 95 516 month i.e. 01.04.2010 to 31.12.2010 Total Restructured as on 31.12.2010 79,186 6,367 Less: Total NPA accounts restructu
Slide 16: Capital Adequacy (Basel II)
Capital Adequacy (Basel II) (` in crores) Dec.’09 FY Dec.’10 Mar’10 Capital Fund Tier I 4,408 5,012 5,679 Tier II 3,064 4,376 4,220 Total (Tier I + Tier II) 7,472 9,388 9,899 Risk Weighted Assets 65,254 71,060 76,002 Capital Adequacy Ratio 11.45 13.21 13.02 (%) Tier I (%) 6.76 7.05 7.47 Tier II (%)
Slide 17: Share Holding Pattern, Dec. 2010
Share Holding Pattern, Dec. 2010 Govt . of 63.59% 0.53% India 14.05% 3.29% FIs 1.07% 9.88% FIIs 7.59% Insurance 9.88% Cos 7.59% Corporate 3.29% 63.59% Bodies 1.07% Public 14.05% GOI FIs FIIs Insurance Cos Corporate Bodies Public Others Others 0.53% 17
Slide 18: Key Initiatives during the Quarter: Technology
Key Initiatives during the Quarter TECHNOLOGY INITIATIVE 35 ATMs added during quarter – 563 ATMs now operational 1.23 lacs VISA Debit Card added during this quarter - Total 12.09 lacs Biometric ATM GPRS based MOBILE Banking launched on the Foundation Day of the Bank Implementation of CBS in Bank’s S
Slide 19: Looking Ahead: Information Technology
Looking Ahead …….. Information Technology Deptt. Online Share Trading Self Service Customer Lobby Anti Phising Solution Collection of Railway Freight Online Booking of Railway Tickets Central Plan Scheme Monitoring System Collection of State Govt. Taxes 19
Slide 20: Key Initiatives during the Quarter: Retail Banking
Key Initiatives during the Quarter RETAIL BANKING •To augment core deposit, the Bank introduced “UCO Shubh Labh Fixed Deposit Scheme (450 days)” and “UCO Shubh Labh 500 Fixed Deposit Scheme (500 days)”. •An “Incentive Scheme for the UCO Shubh Labh 500 Fixed Deposit Scheme” was also launched. The sch
Slide 21: Looking Ahead: Retail Banking
Looking Ahead ……. RETAIL BANKING •To increase the number of tie-up with Builders for Home Loans and approval of more number of Housing Projects floated by Builders of repute. •Expand the network of Sales Force and accelerate performance of Retail Processing Hubs. 21
Slide 22: Key Initiatives: Risk Management
Key Initiatives during the Quarter Risk Management Deptt. Revision in the Methodology/Scoring Pattern in fixing Exposure Limits for various industries Measuring the impact of Basel-III Provision on Bank’s Capital – Presentation made to the Board 22
Slide 23: Looking Ahead: Risk Management
Looking Ahead …… Risk Management Deptt. Formulation of a New Equipment Financing Scheme Revision in Benchmark Tolerance level for Portfolio Monitoring/Portfolio Performance Measurement To Commence preparation of daily STL and Dynamic Liquidity Statement To put in place VaR limit for interest related
Slide 24: Key Initiatives: Inspection Department
Key Initiatives during the Quarter INSPECTION DEPTT. Total of 1417 Regular Inspection were undertaken during the 9 months ended 31.12.2010. 1699 branches subjected to Statutory Audit as on 31.03.2010. Management audit of 13 Zones conducted during the year. Management audit of all the Field Inspector
Slide 25: Looking Ahead: Inspection Department
Looking Ahead…… INSPECTION DEPTT. Management Audit of 8 FGM Offices have been started and will be completed by March, 2011. Revenue Audit of all the branches above 10.00 Cr. business, where Concurrent Audit is not present, will be undertaken by March 15, 2011. 25
Slide 26: Key Initiatives: SE & PS Department
Key initiatives during the Quarter SE & PS DEPTT. •Launched “UCO Utthaan” scheme for raising standard of living of BPL families in select villages. Pokatunga Village in Angul District of Orissa was identified and the Bank adopted all the 319 BPL families for upgradation over a period of 3 years unde
Slide 27: Looking Ahead: SE & PS Department
Looking Ahead ……. SE & PS DEPTT. To open 8 more Financial Literacy and Counselling Centres (FLCCs) in our lead Districts during the current financial year. To launch 19 more of “Bank on Wheels’ before 31.03.2011. The Bank is proceeding towards implementation of Financial Inclusion Plan through 3 mod
Slide 28: Key Initiatives: Operations & Services
Key Initiatives during the Quarter Operations & Services DEPTT. Constant Monitoring of Cash Position of the Zones through ‘UCO ONLINE’ Claims’ settlement time reduced in respect of (a) fraud cases, (b) Ombudsman Award, (c) Orders of other Authorities. All the mandatory requirements of BCSBI has been
Slide 29: Looking Ahead: Operations & Services
Looking Ahead ….. Operations & Services DEPTT. Cheque Truncation System (CTS) at Chennai Centre, in addition to New Delhi 1000 additional Bank ATMs at prominent places E-payment gateway with Himachal Pradesh for collection of State Tax Centralized opening of Accounts at City Back Offices (CBOs) 29
Slide 30: Key Initiatives: Corporate Communications
Key Initiatives During The Quarter CORPORATE COMMUNICATIONS Extensive publicity campaigns carried out on oMOBILIZATION OF CASA DEPOSIT oFESTIVAL BONANZA OFFER o UCO SHUB LABH FIXED DEPOSIT SCHEME (450 DAYS) oUCO SUBH LABH 500 FIXED DEPOSIT SCHEME (500 DAYS) Undertaken the above Campaigns on Radio Ji
Slide 31: Looking Ahead: Corporate Communications
Looking ahead ……… CORPORATE COMMUNICATIONS Extensive publicity on TV, Radio jingle on FM to be undertaken Low cost advertisement to penetrate into the rural and semi urban areas 31
Slide 32: With Seasons Greetings
With Seasons Greetings Thank you all G) UCO BANK KOLKATA, 28'™ JANUARY 2011