Orient Commercial Joint Stock Bank · HOSE:OCB
Orient Commercial Joint Stock Bank — FY2024 Earnings Presentation
33 slides from Orient Commercial Joint Stock Bank's earnings presentation, Feb 14, 2025
Slide 1: Performance Announcement FY2024
@0cB Orient Commercial Bart PERFORMANCE ANNOUNCEMENT FY2024 HCMC, 14" February 2025
Slide 2: Agenda
Agenda 01. 2024 FINANCIAL PERFORMANCE 02. 2024 ACHIEVEMENT 03. 2025 OUTLOOK AND STRATEGY 04. APPENDIX 1
Slide 3: Financial Performance 2024
FINANCIAL PERFORMANCE 2024 2
Slide 4: OCB delivers strong growth and advances digital & green transformation in 2024
OCB delivers strong growth and advances digital & green transformation in 2024 Total Assets: 280.7T VND (+16.9% YoY) Above-Industry Credit Growth: 19.6% vs Industry 15.1% Scale Growth Deposit Growth: 13.1% vs Industry 9.1% NPL: 2.4% vs Industry 4.6% (reported by SBV in 09/2024) Prudent Balan
Slide 5: Solid financial metrics underpinned by regulated risk management and core income growth
FINANCIAL PERFORMANCE 2024 Solid financial metrics underpinned by regulated risk management and core income growth Unit: VND billion, % 2024 2023 YoY Steady asset & liability growth Total Assets 280,712 240,114 16.9% • Total Assets rose by 16.9% YoY to VND 280.7 trillion. M1 Credit 180,443 150,913 1
Slide 6: Core revenues drive TOI growth, while elevated provisions temper PBT
FINANCIAL PERFORMANCE 2024 (PBT BREAKDOWN) Core revenues drive TOI growth, while elevated provisions temper PBT 2024 PBT VND billion, % TOI growth components • NII soared by 27.2% YoY, supported by credit expansion and improved NIM. • NFI rose by 5.5% YoY, reflecting higher fee-based services, espec
Slide 7: Financial Performance 2024 – TOI and NII
FINANCIAL PERFORMANCE 2024 – TOI and NII Strong fourth quarter boost in TOI and NII reinforces growth momentum TOI VND Billion, % +12.7% TOI 10,069 • Q4 TOI surged by 40.4% QoQ, reaching VND 3,218 billion. 8,938 • Annual TOI stood at VND 10,069 billion (+12.7% YoY), driven by core lending and fees.
Slide 8: Financial Performance 2024 – Non NII
FINANCIAL PERFORMANCE 2024 – Non NII Moderated non-NII results reflect securities volatility, while fee income gains momentum Non-NII VND Billion -32.7% 2,173 Overall Non-NII • Declined by 32.7% YoY to VND 1,463 billion, primarily due YoY to adverse bond market conditions. 882 1,462 • Q4 Non-NII saw
Slide 9: Financial Performance 2024 – OPEX
FINANCIAL PERFORMANCE 2024 – OPEX Strategic investments in talent and technology drive OPEX increase but strengthen future competitiveness OPEX growth • OPEX rose by 19.9% YoY to VND 3,804 billion, influenced by staff costs, digital transformation initiatives, and brand-building efforts. • CIR rose
Slide 10: Financial Performance 2024 – Optimized Balance Sheet
FINANCIAL PERFORMANCE 2024 – OPTIMIZED BALANCE SHEET Balance sheet realignment prioritizes high-yield segments and supports solid asset growth Asset Allocation Credit by Segment • Total Assets grew 16.9% YoY to VND 280.7 trillion. Corporate lending continued to contribute to the bank’s credit growth
Slide 11: Optimized Funding Structure, CASA Improvement
FINANCIAL PERFORMANCE 2024 – OPTIMIZED FUNDING STRUCTURE, CASA IMPROVEMENT Balanced funding structure and accelerated CASA growth enhance OCB’s cost efficiency • The funding structure was well-diversified with a pro-active ALM strategy to attain better funding cost. • CASA significantly improved fro
Slide 12: Credit Growth, Deposit Growth, NPL Ratio
FINANCIAL PERFORMANCE 2024 – CREDIT GROWTH, DEPOSIT GROWTH, NPL RATIO Sustained above-industry credit expansion with disciplined risk management Credit & deposit growth • Credit advanced by 19.6% in 2024, exceeding the industry’s 15.1%. • Deposit growth maintained a healthy trajectory at 13.1%, high
Slide 13: Financial Performance 2024 – Prudent Risk Management
FINANCIAL PERFORMANCE 2024 – PRUDENT RISK MANAGEMENT Strong capital, ample liquidity • Stably strong capital adequacy and steadily high liquidity ratios, which are supported by sufficient liquid assets. Capital Adequacy Ratio (CAR) Loan to Deposit Ratio (LDR) 14.3% 13.8% 13.3% 12.9% Limit 85% 12.5
Slide 14: FY2024 Achievement
@OcB Hang Phuong Bong FY2024 ACHIEVEMENT
Slide 15: Digital Banking – Open Banking Services
FY2024 ACHIEVEMENT Digital Banking OPEN BANKING SERVICES 190+ 150+ Partners since 2019 OPEN APIs Launching OMNI 4.0: increased by 70% since 110+ Transaction per active user has the beginning of 2024 TAILORED SOLUTIONS FOR VARIOUS SEGMENTS New partners in 2024 6000B+ Transaction amount / 96.2% Digita
Slide 16: Liobank
FY2024 ACHIEVEMENT Liobank Customer Spending Customer No. Credit Limit Granted Deposit P2P Volume Processing (NAPAS) ▲135% YoY ▲114% YoY ▲153% YoY ▲169% Number of customers Credit Limit Granted to customers CASA, PigG, Flexible Saving From Liobank to Other Banks ▲153% From Other Banks to Liobank 15
Slide 17: The Leading Green Bank in Vietnam
IFC | @OcB a © he | ities pwe THE LEADING GREEN BANK in VIETNAM
Slide 18: Green Finance
FY2024 ACHIEVEMENT Green Finance Waste treatment, Renewable Energy Green Building Smart Agriculture water supply Waste treatment, clean water Sustainable planation, drip Solar, wind, hydro electricity A+ class building supply irrigation, water storage GREEN LOAN PORTFOLIO BY CATEGORIES 5% 19% 18% 11
Slide 19: OCB's sustainable development journey
FY2024 ACHIEVEMENT OCB’s sustainable development journey STRATEGIC PARTNERSHIP WITH GENESIA VENTURES Aiming To Support And Promote The Development Of Technology Startups In Vietnam 09/2024 04/2024 10/2024 STRATEGIC PARTNERSHIP SIGNED WITH IFC, PARTNERSHIP SIGNED WITH SMEDF AIMING TO BECOME A LEADING
Slide 20: Sustainable development awards and community projects
FY2024 ACHIEVEMENT OCB’s sustainable development journey 4 AWARDS STRENGTHEN THE IMPLEMENTATION OF RELATED TO SUSTAINABLE DEVELOPMENT COMMUNITY PROJECTS SUSTAINABLE Supporting the Community TOP 50 SUSTAINABLE DEVELOPMENT Community in Adapting Contribution Activities ENTERPRISES REPORT to Climate Cha
Slide 21: Awards in 2024
Awards in 2024 FY2024 ACHIEVEMENT 20
Slide 22: FY2025 Outlook and Long-Term Strategy
FY2025 OUTLOOK AND LONG-TERM STRATEGY 21
Slide 23: FY2025 Outlook
FY2025 OUTLOOK Macro environment The global economy is entering a new phase following President Trump's victory, accompanied by commitments to deliver robust economic growth for the U.S. and strong tariff policies that have raised concerns about a potential Trade War 2.0 in 2025. Expectations fo
Slide 24: Strategy 2025-2027, Vision 2030
STRATEGY 2025-2027, VISION 2030 Vision Top 5 Private Joint Stock Commercial Banks (*) Supporting the realization of the dreams and ambitions of consumers, entrepreneurs, and businesses in Mission Vietnam, helping them achieve growth and aspirations as their expectations Collaboration Customer- Core
Slide 25: Key initiatives: Retail Banking
STRATEGY 2025-2027, VISION 2030 Key initiatives: Retail Banking Retail Banking Segment Focus Product Focus Household Annual Income • Banking products • Insurance, investments Population ≥ VND 1,000 million • Privileges, exclusives 261k Affluent • Payments Population • Loans 2.3m Mass VND 200 – 1,000
Slide 26: Key initiatives: Retail Banking – Liobank Action Plan
STRATEGY 2025-2027, VISION 2030 Key initiatives: Retail Banking Liobank Action Plan 1. Deploy new top-in-class onboarding and payment features: Onboarding via VNeID, Cash Withdraw by QR. Product 2. Launch new products: Term deposits, Cash loans, BNPL with merchant partners, Premium Cards, Insurance,
Slide 27: Key initiatives: SMEs Banking
STRATEGY 2025-2027, VISION 2030 Key initiatives: SMEs Banking VISION: Become the preferred financial partner for corporate client’s sustainable growth OBJECTIVE Business division with material contribution for OCB Diversified business segments “Speed” is the core competitive Agile risk management an
Slide 28: Key initiatives: Transaction Banking
STRATEGY 2025-2027, VISION 2030 Key initiatives: Transaction Banking Transaction Banking Department Establishment in 2024 Providing a full range of products and services covering from traditional vanilla Trade (Letter of Credit, Collection etc.,) to Supply Chain Finance, +40% YoY Structured Trade Fi
Slide 29: Appendix
[Ngan Hang Phuong Béng @O0cB APPENDIX
Slide 30: OCB Price performance
OCB Price performance APPENDIX STOCK PERFORMANCE IN THE LATEST 3 MONTHS TRADING STATISTICS 14/02/2025 Closing price (VND) 11,400 Volume (R) Price (L) '000 VND million shares 3M Highest closing price (VND) 11,500 16 30 3M Lowest closing price (VND) 10,350 25 Outstanding shares (million shares) 2,465
Slide 31: Glossary
APPENDIX Glossary CAGR : Compounded Annual Growth Rate NFI : Net fee income CAR : Capital Adequacy Ratio NII : Net Interest Income CASA : Current Accounts and Saving Accounts NIM : Net Interest Margin CB : Corporate Banking NoII : Non-interest income CIR : Cost-to-income ratio NPL : Non-performing L
Slide 32: Disclaimer
Disclaimer This presentation does not constitute a prospectus or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, or any offer to underwrite or otherwise acquire any shares in OCB or any other securities, nor shall they or any part
Slide 33: Thank You
THANK YOU For further information, please contact: Investor Relations Department Address: The Hallmark, 15 Tran Bach Dang street, Thu Thiem Ward, Thu Duc city, HCMC Tel: (84-28) 38 220 960 (ext: 60246) Fax: (+84 28) 3822 0963 Email: [email protected]
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