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PT Bank Permata Tbk PUBLIC EXPOSE 9M 2023 Presentation
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Disclaimer This report has been prepared by PT Bank Permata Tbk independently and is circulated for the purpose of general information only. It is not intended to the specific person who may receive this report. The information in this report has been obtained from sources which we deem reliable. No warranty (expressed or implied) is made to the accuracy or completeness of the information. All opinions and estimations included in this report constitute our judgment as of this date and are subject to change without prior notice. We disclaim any responsibility or liability without prior notice of PT Bank Permata Tbk and/or their respective employees and/or agents whatsoever arising which may be brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this report and neither PT Bank Permata Tbk and/or its affiliated companies and/or their respective employees and/or agents accepts liability for any errors, omissions, negligent or otherwise, in this report and any inaccuracy herein or omission here from which might otherwise arise. PT Bank Permata Tbk 9M2023 Disclaimer | 2
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Table of Contents
02 | Disclaimer 29 | 9M 2023 – Financial Results
04 | Recent Global & Domestic Economic 30 Strong Revenue Structure and Sustainable Profit
31 Margin Improvement and More Efficient Business Processes
Development 32 Total Assets & Third-Party Funds Grows Positively
05 Global Macro Environment – G20 Countries Economic Growth
33 Positive Loan Growth with Diversified Portfolio
06 Global Macro Environment – G20 Countries Inflation
34 Loan Quality Improved with Prudent Provision
07 Global Macro Environment – FOMC Results and
35 Well Maintained LAR and LAR Coverage
The Fed Policy Guidance
36 Covid-19 Restructured Loan Continues Declining
08 Global Macro Environment – Economic Outlook
37 Third-Party Funds Supported by CASA Growth
09 Global Macro Environment – Emerging Markets
38 Maintaining Our Strength in Capital Management
10 Global Macro Environment – Indonesia Export
11 Global Macro Environment – Consumer Price Index
12 Domestic Economy Performance – GDP by Expenditure 39 | Business Updates
13 Domestic Economy Performance – Sectoral GDP Growth 40 Retail Banking – Providing the Best & Innovative Products
14 Domestic Economy Performance – Sensitivity Analysis 41 Retail Banking – Newest Product Launches
15 Domestic Economy Performance – Economic Forecast 42 Retail Banking – Private Banking Service
16 Domestic Economy Performance – Sectoral Economy 43 Retail Banking – Business Initiatives
Projections 44 Retail Banking – Digital Banking Service
45 Wholesale Banking – Offering Innovative Products & Services
46 Wholesale Banking – Maintaining Relationship with Valuable Clients
17 | Management Highlights 47 Wholesale Banking – Business Initiatives
18 Permatabank At-a-Glance
48 Wholesale Banking – Business Initiatives
19 Top 10 Indonesian Banks with National Banking Coverage
49 Wholesale Banking – Digital Banking Service for SME Segment & Corporate
20 Vision, Mission, Strategic Priority & Enabler
21 Board of Commissioners
22 Board of Directors 50 | Appendices
23 Journey with Bangkok Bank 51 Income Statement
24 Synergies with Bangkok Bank 52 Balance Sheet
25 Sustainable Finance 53 Financial Ratios
26 Awards and Achievements 54 Stock Information
27 Awards and Achievements
28 Corporate Social Responsibility
PT Bank Permata Tbk 9M2023 Table of Contents | 3
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Recent Global & Domestic Economic Development
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Global Macro Environment – G20 Economic Growth
Latest G20 countries' economic growth performance tend to decelerate, as the inflation and high policy rate in many countries started to impact economic
grow
G-20 Countries Economic Growth YOY (%)
4Q22 1Q23 2Q23 3Q23
7.8
8.0 6.3 6.1
4.5 4.9 4.5 4.0 3.4
2.9 2.9
3.0 1.7 2.4 2.0 1.6
0.8 0.8 1.0 1.1
2.1 2.1
1.1 1.6 2.1 1.9
0.7 0.4 0.0 0.7 0.5 0.6 0.3
-2.0 -0.2
United States China Japan Germany India United Kingdom France Canada Italy Brazil
4.9 5.0 5.0 5.2 5.3
4.2 3.8 3.6 3.8 3.3 3.9 3.8
2.7 2.4 2.1 1.8 1.2
3.0 1.4 0.9 0.9 1.4 1.2 1.5 1.4 0.8 0.2 1.6 0.5
-2.0
-2.7-1.8
-7.0 -4.9
Russia South Korea Australia Mexico Indonesia Saudi Arabia Turkey Argentina South Africa Euro Area
PT Bank Permata Tbk Source: Bloomberg 9M2023 Recent Global Economic Development | 5
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Global Macro Environment – G20 Countries Inflation
Global inflation continues to decelerate on the back of declining commodity prices and tight monetary policy. Even though it tends to be easing, inflation
remains relatively high and far from the monetary policy target
Inflation in Various Countries
Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 G8 Countries Inflation YOY (%)
7.9
8.0 6.4 6.2 6.1 6.8 6.7 6.7 6.4 5.9 5.4
4.5 4.5 4.3 4.9 4.94.0 5.3 5.5 5.3 5.2
4.3
3.0 3.2 3.7 3.7 3.3 3.3 3.2 3.0 2.8 3.3 4.0 3.8 2.9
3.0 1.8
-2.0
United States Germany Japan United Kingdom France Canada Italy Euro Area
Other Countries Inflation YOY (%)
7.4 6.8
8.0 5.2 6.0 5.4 4.9 5.2 5.6 5.4 4.7 4.8 5.4
4.9 5.0 5.2 5.1 4.8 4.6 4.5
4.0 4.6 3.3
4.3
3.4 3.7 3.8 3.5 3.1 3.3
3.2 2.7 2.3 2.3 2.6
3.0 6
0.0 0.1
-2.0 -0.3
China India Brazil Russia South Korea Australia Mexico Indonesia South Africa
PT Bank Permata Tbk Source: Bloomberg 9M2023 Recent Global Economic Development | 6
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Global Macro Environment – FOMC Results and The Fed Policy Guidance
The Fed maintained FFR at 5.50% in November 2023 FOMC. Fed revised up the projection of GDP, projecting soft-landing in 2024
Median
Variable (%) 2023 2024 2025 2026 Longer
Run
Change in Real GDP 2.1 1.5 1.8 1.8 1.8
June Projection 1.0 1.1 1.8 N/A 1.8
Unemployment Rate 3.8 4.1 4.1 4.0 4.0
June Projection 4.1 4.5 4.5 N/A 4.0
PCE Inflation 3.3 2.5 2.2 2.0 2.0
June Projection 3.2 2.5 2.1 N/A 2.0
Core PCE Inflation 3.7 2.6 2.3 2.0 N/A
June Projection 3.9 2.6 2.2 N/A N/A
Memo : Projected Appropriate
Policy Path
Federal Funds Rate 5.6 5.1 3.9 2.9 2.5
June Projection 5.6 4.6 3.4 N/A 2.5
PT Bank Permata Tbk 9M2023 Recent Global Economic Development | 7
Source: Federal Reserve
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Global Macro Environment - Economic Outlook
In the latest report, IMF predicts global economic growth will be lower in 2024. However, Indonesia’s economic resilience is expected to continue into 2024
IMF World Bank ADB OECD
GDP Growth by
2019 2020 2021 2022
Countries (%) 2023F 2024F 2023F 2024F 2023F 2024F 2023F 2024F
World 2.8 -2.8 6.3 3.5 3.0 2.9 2.1 2.4 N/A N/A 3.0 2.7
US 2.3 -2.8 5.9 2.1 2.1 1.5 1.1 0.8 N/A N/A 2.2 1.3
Euro Zone 1.6 -6.1 5.3 3.5 0.7 1.2 0.4 1.3 N/A N/A 0.6 1.1
Indonesia 5.0 -2.1 3.7 5.3 5.0 5.0 5.0 4.9 5.0 5.0 4.9 5.2
Japan -0.4 -4.3 2.2 1.0 2.0 1.0 0.8 0.7 N/A N/A 1.8 1.0
China 6.0 2.2 8.4 3.0 5.0 4.2 5.1 4.4 4.9 4.5 5.1 4.6
India 3.9 -5.8 9.1 7.2 6.3 6.3 6.3 6.4 6.3 6.7 6.3 6.0
8
Russia 2.2 -2.7 5.6 -2.1 2.2 1.1 -0.2 1.2 N/A N/A 0.8 0.9
Brazil 1.2 -3.3 5.0 2.9 3.1 1.5 1.2 1.4 N/A N/A 3.2 1.7
ASEAN 4.3 -4.4 4.0 5.5 4.2 4.5 - - 4.6 4.8 - -
Source: IMF, Oct-23 World Economic Outlook; World Bank, Jun-23 Global Economic Prospect, Oct-23 East Asia and Pacific Economic Update, Oct-23 South Asia Development Update; ADB, Sep-23 Asian Development Outlook; & OECD, Sep-23
Economic Outlook
PT Bank Permata Tbk 9M2023 Recent Global Economic Development | 8
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Global Macro Environment – Emerging Markets
Hawkish sentiment from the Fed in the start of 4Q23 pushed up risk off sentiment from the emerging market, including Indonesia, and weaken the Rupiah.
Country Date Daily WTD MTD QTD YTD
Daily Changes WTW MTD YTD
Equity ($mn)
Major Currencies 06-Nov-23
Asia % Value % Value % Value % Value
China 30JUN2023 6,252 -41,410 6,779
DXY 106.12 -0.71% -0.76 -0.4% -0.44 -0.5% -0.54 2.5% 2.60
India 01NOV2023 -215 -471 -215 -2,872 11,887
EUR 1.06 0.49% 0.01 0.5% 0.01 0.4% 0.00 -0.8% -0.01
Indonesia 02NOV2023 -1 -179 -70 -566 -876 GBP 1.22 0.42% 0.01 0.7% 0.01 0.4% 0.00 1.0% 0.01
Japan 27OCT2023 71 19,545 19,545 30,684 AUD 0.64 0.64% 0.00 1.6% 0.01 1.5% 0.01 -5.6% -0.04
Malaysia 02NOV2023 18 -10 -5 -466 -908 NZD 0.59 0.91% 0.01 1.5% 0.01 1.3% 0.01 -7.1% -0.05
Philippines 31OCT2023 -7 -7 -171 -171 -900 JPY 150.45 0.33% -0.50 -0.5% 0.79 0.8% -1.23 -12.8% 19.33
CHF 0.91 0.20% 0.00 -0.4% 0.00 0.5% 0.00 2.0% -0.02
S. Korea 02NOV2023 318 -93 249 -2,249 4,060
Sri Lanka 02NOV2023 0 0 0 1 11
Taiwan 02NOV2023 649 -314 431 -4,526 -6,706 Daily Changes WTW MTD YTD
Thailand 02NOV2023 34 -72 14 -417 -4,944 Asian Currencies 06-Nov-23
% Value % Value % Value % Value
Vietnam 02NOV2023 -5 -1 -10 -75 -341
Bonds ($mn) INR 83.25 0.05% -0.04 0.0% 0.01 0.0% 0.00 -0.6% 0.52
Asia IDR 15,857 0.49% -78.00 0.5% -83.00 0.2% -28.00 -1.8% 289
JPY 150.45 0.33% -0.50 -0.5% 0.79 0.8% -1.23 -13% 19
China 30SEP2023 -1,604 -20,269 -50,456
KRW 1,343 1.07% -14.33 1.0% -12.87 0.6% -7.99 -6.1% 83
India 01NOV2023 11 115 11 770 4,405 MYR 4.75 0.44% -0.02 0.6% -0.03 0.3% -0.01 -7.3% 0.35
Indonesia 01NOV2023 90 180 90 -715 3,229 PHP 56.62 0.36% -0.21 0.6% -0.35 0.2% -0.12 -1.5% 0.88
Japan 27OCT2023 -11,159 -15,167 -15,167 -40,312 SGD 1.36 0.24% 0.00 0.4% 0.00 0.4% 0.00 -1.9% 0.03
Malaysia 30SEP2023 -114 420 3,434 HKD 7.82 -0.02% 0.00 0.0% 0.00 0.0% 0.00 -0.3% 0.02
THB 35.98 0.54% -0.19 0.3% -0.12 0.5% -0.17 -3.8% 1.37
Philippines 30SEP2023 -290 934 2,890
TWD 32.32 0.49% -0.16 0.4% -0.12 0.2% -0.08 -4.9% 1.59
S. Korea 02NOV2023 1,090 1,338 1,168 4,274 56,021
CNY 7.31 0.02% 0.00 0.0% 0.00 0.0% 0.00 -5.7% 0.42
Thailand 02NOV2023 84 -12 -40 418 136 CNH 7.33 0.12% -0.01 0.1% -0.01 0.2% -0.01 -5.5% 0.40
PT Bank Permata Tbk Source: Bloomberg 9M2023 Recent Global Economic Development | 9
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Global Macro Environment – Indonesia Export
Economic deceleration in Indonesia’s several main export destinations decreased Indonesia’s export.
Share (%) Value Growth Volume Growth
Product
2022 2022 9M23 2022 9M23
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 24% 57.4% -14.3% 24.1% -0.7%
Animal or vegetable oils/fats and their cleavage products; prepared edible fats; animal or vegetables waxes 12% 7.2% -18.3% -1.4% -4.9%
Iron and Steel 10% 32.8% -5.6% -0.7% -13.1%
Electrical machinery and equipments; sound recorders/reproducers, visu 5% 23.6% 2.4% 16.8% -13.9%
Vehicles Other Than Railway/Tramway, and Parts and Accessories Thereof 4% 27.1% 4.3% -39.2% 136.9%
Ores, Slag, and Ash 4% 62.2% -25.5% 6.1% 10.4%
Miscellaneous Chemical Products 3% 23.6% -30.6% -4.0% 19.0%
Footwear, Gaiters and the Like; Parts of Such Articles 3% 25.6% -20.4% 17.2% -8.1%
Nuclear reactors, boilers, machinery and mechanical appliances; parts 2% 10.3% -8.6% -1.8% -4.1%
Rubber and Articles Thereof 2% -10.0% -25.3% -3.7% -12.1%
Natural and cultured pearls, precious/semi precious stones, and precious metal, and articlles thereof, imitation jewellery; coin 2% 16.4% 8.2% 11.3% 19.2%
Nickel and Articles Thereof 2% 365.4% 23.2% -0.5% 83.7%
Articles of Apparel and Clothing Accessories, Not Knitted or Crocheted 2% 19.0% -14.1% -17.9% -2.4%
Paper and Paperboard; Articles of Paper Pulp or of Paper/Paperboard 2% 13.9% 2.7% -4.6% 0.6%
Articles of Apparel and Clothing Accessories, Knitted or Crocheted 2% 7.6% -21.0% 9.5% -14.3%
Wood and Articles of Wood; Wood Charcoal 2% -5.5% -20.6% 4.6% -83.4%
Organic Chemicals 1% 10.8% -32.4% 22.8% -3.8%
Fish and crustaceans, Molluscs and other aquatic inverterbrates 1% 8.3% -11.9% 8.2% -10.8%
Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard 1% 12.7% 0.2% -2.8% 10.1%
Furnitures, Bedding, Mattress Supports, Cushions and Stuffed Furnishing 1% -2.6% -27.3% 16.8% -21.9%
Top 20 84% 29.1% -12.3% 4.9% 7.1%
PT Bank Permata Tbk Source: Statistics Indonesia, PermataBank Economic Research 9M2023 Recent Global Economic Development | 10
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Global Macro Environment – Consumer Price Index
El Nino pushed up the global food prices and transmitted to the domestic food inflation. Volatile food inflation is picking up in October 2023.
Core AP Volatile Headline Changes in Consumer Price Index 2018 Base Year (percent)
14 M-o-M Y-on-Y
Aug- Sep- Oct- Aug- Sep-
Oct-23
23 23 23 23 23
11 Food, Drink, and Tobacco -0.25 0.35 0.20 3.51 4.17 5.41
Clothing and Footwear -0.27 0.06 -0.04 1.12 0.98 0.85
Housing, Water, Electricity, and Other Fuels -0.05 0.02 0.08 1.40 1.26 1.16
Equipment, Tools, and Household Maintenance 0.10 0.10 0.10 2.21 1.97 1.89
8
5.54 Health 0.10 0.03 0.11 2.69 2.14 2.04
Transportation -0.02 0.29 0.55 9.65 0.99 1.20
Information, Communication, and Financial Services -0.01 0.25 -0.02 -0.22 0.06 0.11
5
Recreation, Sport, and Culture 0.07 0.01 0.08 1.88 1.58 1.50
2.56
Education 0.86 0.21 0.07 2.07 2.08 1.99
2.12 Food Service and Restaurant 0.14 0.10 0.10 2.88 2.40 2.21
2 Personal Care and Other Services 0.08 0.19 0.23 3.76 3.68 3.67
1.91 Headline -0.02 0.19 0.17 3.27 2.28 2.56
-2
Apr-21
Apr-22
Apr-20
Oct-20
Apr-23
Jan-21
Jan-23
Jul-21
Jan-22
Jul-22
Jul-20
Jul-23
Oct-21
Oct-22
Oct-23
Source: Badan Pusat Statistik & PermataBank’s Economic Research Division
PT Bank Permata Tbk 9M2023 Recent Global Economic Development | 11
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Domestic Economy Performance – GDP by Expenditure
2Q23 GDP Growth Rose, Supported by Consumption Growth
Indonesia’s Economic Growth Performance by Expenditure YOY (%)
GDP HH Consumption Govt. Expenditure
10 10 20.0
4.94 5.06
5 5 10.0
0 0 0.0
-5 -5 -10.0 -3.76
-10 -10 -20.0
Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3
2018 2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023
GCFC/Investment Export Import
10 40 40.0
5.77
5 20 20.0
0 0 0.0
-4.26
-5 -20 -20.0 -6.18
-10 -40 -40.0
Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3
2018 2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023
PT Bank Permata Tbk Source: Statistics Indonesia 9M2023 Recent Global Domestic Development | 12
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Domestic Economy Performance – Sectoral GDP Growth
Most economic sectors posted faster growth in 2Q23. Transportation and Accommodation and Restaurant sectors’ sectors posted the highest growth
Indonesia’s Economic Growth by Sector The Highest Growth
in 2Q23
Growth (%) Share to GDP (%)
Sector 2023 2023
2020 2021 2022 2020 2021 2022
Q1 Q2 Q3 Q1 Q2 Q3 Transportation
Agriculture, Forestry & Fishery 1.8 1.8 2.3 0.4 2.0 1.5 13.7 13.3 12.4 11.8 13.3 13.6 and Storage
Mining And Quarrying -2.0 4.0 3.7 4.9 5.0 7.0 6.4 9.0 12.2 11.8 10.5 10.2 15.3%
Manufacturing -2.9 3.4 4.6 4.4 4.9 5.2 19.9 19.3 18.3 18.6 18.3 18.7
Electricity And Gas Supply -2.3 5.6 8.1 2.7 3.2 5.1 1.2 1.1 1.0 1.0 1.0 1.0
Water Supply, Sewerage, Waste Management And Remediation Activities 4.9 5.0 3.4 5.7 4.8 4.5 0.1 0.1 0.1 0.1 0.1 0.1
Accommodation
Construction -3.3 2.8 2.2 0.3 5.2 6.4 10.7 10.4 9.8 9.9 9.4 9.9
Wholesale & Retail Trade, Vehicle Repair -3.7 4.7 5.2 4.9 5.3 5.1 12.9 13.0 12.8 13.0 12.8 13.0 and Restaurant
Transportation & Storage -15.0 3.2 21.0 15.9 15.3 14.7 4.5 4.2 5.0 5.6 5.9 6.0 9.8%
Accommodation & Food Service Activity -10.2 3.9 11.3 11.6 9.9 10.9 2.6 2.4 2.4 2.5 2.5 2.5
Information & Communication 10.6 6.8 7.4 7.1 8.0 8.5 4.5 4.4 4.1 4.2 4.2 4.2
Financial & Insurance Services 3.2 1.6 1.3 4.4 2.9 5.2 4.5 4.3 4.1 4.3 4.1 4.1
The Lowest Growth
Real Estate 2.3 2.8 2.2 0.4 1.0 2.2 2.9 2.8 2.5 2.5 2.4 2.4
Business Services -5.4 0.7 8.2 6.4 9.6 9.4 1.9 1.8 1.7 1.8 1.8 1.8
in 2Q23
Public Administration And Defence; Compulsory Social Security 0.0 -0.3 2.8 2.1 8.2 -6.2 3.8 3.4 3.1 2.9 3.3 2.6
Education 2.6 0.1 0.7 1.0 5.4 -2.1 3.6 3.3 2.9 2.6 2.9 2.7
Human Health And Social Work Activities 11.6 10.5 2.8 4.8 8.3 2.9 1.3 1.3 1.2 1.1 1.2 1.2
Agriculture
Other Services Activities -4.1 2.1 8.9 8.9 11.9 11.1 2.0 1.8 1.8 1.9 1.9 1.9 2.0%
Gross Domestic Product -2.1 3.7 5.3 5.0 5.2 4.9 100.0
3 Biggest Wholesale and
Sectors by Manufacturing Agriculture Real Estate
Retail Trade
Composition 4.9% 2.0% 1.0%
5.3%
2Q23 (%)
PT Bank Permata Tbk Source: Statistics Indonesia 9M2023 Recent Global Domestic Development | 13
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Domestic Economy Performance – Sensitivity Analysis
Indonesia’s economy is a small-open economy; hence it is relatively resilient to global economic risk. However, Indonesia is commodity-centric economy, making its
performance tends to be determined by the movement of commodity prices.
Impact on Indonesia’s
Country/
Commodity GDP Growth (ppt) CA (% of GDP) Govt. Revenue (IDR tn)
China 0.10 0.07 1.9
EU 0.06 0.03 1.3
Every 1ppt
US 0.07 0.04 1.2
growth increase
Japan 0.05 0.03 1.0
India 0.03 0.02 0.4
HH cons = 0.06
CPO 0.09 0.13 1.5
GFCF = 0.03
Every 10% HH cons = 0.01
Coal 0.08 0.11 14 4.5
price increase GFCF = 0.07
HH cons = -0.02
Oil -0.03 -0.12 20.0*
GFCF = -0.01
*)Yet, higher oil price by 10% will increase subsidy expenditure in the State Budget by around IDR97.0 tn
PT Bank Permata Tbk Source: PermataBank’s Economic Research Division 9M2023 Recent Global Domestic Development | 14
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Domestic Economy Performance – Economic Forecast
Projection
Macro Economic
2023 2024
Indicators FY 2022 FY 2023 FY2024 FY2025 FY2026 FY2027
Q1 (A) Q2 (A) Q3 (P) Q4 (P) Q1 (P) Q2 (P) Q3 (P) Q4 (P)
GDP growth (%) 5.31 5.03 5.17 5.01 5.06 5.07 5.12 5.11 5.07 5.07 5.09 5.12 5.22 5.34
Inflation (% YoY) 5.51 4.97 3.52 2.11 2.89 2.89 3.09 3.26 2.91 3.17 3.17 3.20 3.00 3.00
FX rate (IDR/USD) 15,568 14,995 14,993 15,450 15,335 15,335 15,346 15,231 15,209 15,124 15,124 14,800 14,600 14,400
Interest Rate
- BI 7RR 5.50 5.75 5.75 5.75 5.75 6.00 6.00 6.00 6.00 5.50 5.50 5.00 4.50 4.00
- Fed Rate 4.50 5.00 5.25 5.50 5.75 5.75 5.75 5.75 5.50 5.25 5.25 4.00 3.00 2.50
Growth (% YoY)
- Credit 11.35 9.93 7.76 8.68 8.63 8.63 8.39 8.42 8.51 8.69 8.69 9.14 9.54 10.00
- Deposits 9.01 7.00 5.79 5.55 5.65 5.65 5.32 5.49 5.63 5.87 5.87 6.76 7.05 9.00
Automotive Sales (Units)
- Motorcycle Sales 5,221,470 1,824,073 1,377,857 1,379,009 1,415,570 5,996,508 1,488,913 1,559,517 1,523,666 1,596,506 6,168,602 6,300,894 6,436,790 6,693,709
Motorcycle Sales (% YoY) 3.2% 14.8% 2.87% 2.14% 2.16% 3.99%
- Car Sales 1,048,040 282,389 223,596 274,283 281,567 1,061,835 267,167 271,463 275,680 279,937 1,084,110 1,146,915 1,184,486 1,222,250
Car Sales (% YoY) 18.1% 1.3% 2.10% 5.79% 3.28% 3.19%
15
Interest Rates
- Lending Rate 9.16 9.38 9.35 9.45 9.45 9.45 9.39 9.40 9.32 9.28 9.28 8.60 8.18 7.94
- Working Capital Loan Rate 8.60 8.95 8.93 9.01 9.01 8.99 8.95 8.96 8.89 8.84 8.84 8.19 7.80 7.57
PT Bank Permata Tbk Source: PermataBank’s Economic Research Division 9M2023 Recent Global Domestic Development | 15
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Agriculture, Forestry and 2.25%
1.51%
Fisheries 1.50%
4.38%
Mining & Quarrying 4.80%
PT Bank Permata Tbk
2.32%
4.89%
Manufacturing Industry 4.85%
4.90%
6.61%
Electricity & Gas Supply 4.19%
5.50%
Water Supply, Sewerage, Waste 3.23%
4.92%
& Recycling Management 4.62%
2.01%
Construction 2.95%
5.59%
Wholesales and Retail Trade, 5.52%
Repair of Motor Vehicles and 5.25%
Motorcycles 5.10%
19.87%
Transportation & Storage 10.64%
2022
7.67%
Accommodation & Food 11.97%
8.25%
domestic market to perform better than sectors that are linked to the export market.
Beverages Activity 5.78%
2023F
7.74%
Source: Statistics Indonesia
Information & Communication 7.90%
Sectoral Growth Outlook
8.52%
2024F
1.93%
Financial & Insurance Activity 4.01%
5.10%
1.72%
Real Estate 2.72%
3.65%
8.77%
Business Services 7.80%
7.70%
Public Administration, Defense & 2.52%
4.72%
Compulsory Social Security
Domestic Economy Performance – Sectoral Economy Projections
4.24%
0.59%
Education Services 4.58%
4.67%
Human Health & Social Work 2.74%
6.32%
Activity 6.10%
9M2023 Recent Global Domestic Development
9.47%
We expect sectoral performance in 2024 to still be overshadowed by the global economic slowdown. As such, we expect the growth of sectors that rely on the
Other Services 8.82%
7.37%
| 16
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Management Highlights
Page 18
PermataBank At-a-Glance
Business Segment
Year Established Retail Banking Total Employee
1955 Wholesale Banking > 7,000
Product & Service
Conventional
Sharia
Listed at IDX Shareholders Total Customer
1990 Bangkok Bank - 98.7% > 6.2 Million
Public - 1.3%
Stock Code
BNLI
Total Asset Corporate Rating
Rp252 trillion PEFINDO – idAAA
(Outlook Stable) Market Leading Digital
Capabilities
Market Capitalization Moody’s – Baa2
Rp35 trillion (Outlook Positive)
PT Bank Permata Tbk 9M2023 Management Highlights | 18
Page 19
Top 10 Indonesian Banks with National Banking Coverage
232 20,000+
61 830
Network Indomaret Model Branch Offices
Cities ATMs
Offices* Channels
Sumatera 24 Batam 3 Kalimantan 13 Sulawesi 7
Conventional 19 Conventional 3 Conventional 10 Conventional 6
Sharia 5 Sharia 3 Sharia 1
Sudirman Podomoro
Surabaya Medan
Bangka Belitung 1 Jawa 164 Bali 10 Lombok 2
Conventional 1 Conventional 151 Conventional 10 Conventional 1
Sharia 13 Sharia 1
Menara Astra Pluit
Jakarta Jakarta
*Network Offices include 224 Branches (Conventional & Sharia) listed in above map, Regional Office and Functional Office,
supported by LANTAP (Sharia-One Stop Service), 830 ATMs and 20,000+ Indomaret Channels
PT Bank Permata Tbk 9M2023 Management Highlights | 19
Page 20
Vision, Mission, Strategic Priority & Enabler
VISION MISSION
•
1
Serving as an efficient financial institution and agent of
development for our customers and the people
To be the Bank of Choice,
nurturing relationship and
creating value for our stakeholders 2
• Offering universal financial services in a simple, fast,
reliable and innovative way
3
• Providing excellent stakeholders experience and positive
value to its shareholders
STRATEGIC PRIORITY STRATEGIC ENABLER
1• Create the leading deposit and wealth franchise Build Adopt best-in-
Drive operational
excellence,
2• Be
extraordinary Deliver delightful class credit and
the preferred ecosystem partner for businesses and team and foster everyday risk management
scalable, reliable,
technology players an agile, experiences and with enhanced
secure
technology
collaborative targeted solutions data-driven
platforms to
3• Be the market leading on customer satisfaction (NPS) in
the industry
culture analytics
support growth
PT Bank Permata Tbk 9M2023 Management Highlights | 20
Page 21
Board of Commissioners
Chartsiri Sophonpanich Chong Toh Niramarn Laisathit Chalit Tayjasanant
President Commissioner Commissioner Commissioner Commissioner
Haryanto Sahari Goei Siauw Hong Yap Tjay Soen Riswinandi*
Independent Commissioner Independent Commissioner Independent Commissioner Independent Commissioner
*Mr. Riswinandi’s appointment was approved by August 2023 EGMS and became effective on 25 October 2023
PT Bank Permata Tbk 9M2023 Management Highlights | 21
Page 22
Board of Directors
Meliza Musa Rusli Abdy Dharma Salimin Dhien Tjahajani Herwin Bustaman
President Director Technology & Operation Director Legal & Compliance Director Sharia Business Unit Director
Acting Wholesale Banking Director
Djumariah Tenteram Dayan Sadikin Setiatno Budiman Rudy Basyir Ahmad*
Retail Banking Director HR Director Risk Director Finance Director
*Mr. Rudy Basyir Ahmad’s appointment was approved by August 2023 EGMS and became effective on 25 October 2023
PT Bank Permata Tbk 9M2023 Management Highlights | 22
Page 23
Journey with Bangkok Bank
May 2020 October 2020 December 2020 July 2021 2022 - Next
Bangkok Bank PLC Bangkok Bank The Bangkok Bank Bangkok Bank fully Synergize and
completed the completed the Indonesia branch is participates in the Rights collaborate to build
acquisition of Mandatory Tender integrated with Issue of PermataBank IX common strengths in
PermataBank with Offer (MTO) and made PermataBank, thus providing the best
ownership of 89.12% PermataBank making PermataBank a service and creating
ownership of 98.71% commercial bank with added value for
the strongest capital customers
ratio in Indonesia
PT Bank Permata Tbk 9M2023 Management Highlights | 23
Page 24
Synergies With Bangkok Bank
Center of Excellence
Transaction Banking
BBL’s International Network
Strategy Transaction Banking
& PermataBank’s Network
Sharing capabilities and operational
Office Service
models to understand the transaction
business at PermataBank and Competency Synergy
Support Indonesian customers
Indonesia.
in developing their business through Corporate, SME & Retail
the global network of the Bangkok
Cross Border Payments
Bank group (Thailand, Malaysia,
Has launched Asia Same-Day service Synergy by sharing experiences
Singapore, Philippines, Vietnam,
(Remittance/Telegraphic Transfer and expertise related to areas:
China, Hong Kong, Taiwan, Japan,
service from/to Bangkok Bank • Corporate (Trade Finance and
United Kingdom, United States)
Thailand in THB and USD on the Project Finance)
same day) in August 2022. • SME and Retail (Branch
Provide local banking support
through 232 PermataBank’s Optimization and Mobile Services)
Cross Border Supply Chain
network offices to international
Develop the best solution for working
customers from the Bangkok Bank
capital management for exporters
PCL (“BBL”) group who have
and importers including
operations in Indonesia or wish
Dealers/Buyers and Suppliers.
to expand their network in Indonesia.
PT Bank Permata Tbk 9M2023 Management Highlights | 24
Page 25
Sustainable Finance
Commitment towards sustainability in its business process reflected through strategic
planning and framework in supporting long-term sustainable economic activities and projects.
Establish Sustainability Ongoing Sustainable Controlling
Committee and Department Projects Shareholder’s Support
Sustainability Committee Renewable Energy Close collaboration with BBL
Ensure sustainability principles ESG Team in sharing best
are incorporated in the practice, knowhow and
strategic decision-making Pollution Prevention & potential initiatives to
process and to promote Control accelerate long-term
sustainable business practices. sustainable activities and
Sustainable Department projects.
Green Building
Coordinating bank-wide
sustainable policy, strategy and
initiatives as well as to monitor
Sustainable Water &
related action plans and its
Water
report based on regulatory
Waste Management
requirements. With direct
report access to President
Director, Sustainable
Environmental
Department is independent
Friendly
and expected to accelerate the
Transportation
process through close
collaboration with related units
in the bank.
PT Bank Permata Tbk 9M2023 Management Highlights | 25
Page 26
Awards & Achievements
Most Innovative Conventional Bank for Optimizing
The Best HR Management for The Outstanding
The Use of Technology on Business Process -
Support in Enhance the Employee Experience - 12th Infobank Digital Brand Recognition 2023
Indonesia Digital Innovations Awards 2023 (Warta
Indonesia HR Awards 2023 (Warta Ekonomi)
Ekonomi)
No. Category* Product No. Category* Product
1. “The Highest Digital Index”, Tabungan Unit Usaha Syariah - Bank Umum Konvensional PermataTabungan Bebas iB 1. The Best, Mobile Banking Bank Umum Konvensional PermataMobile X
2. “The Highest Digital Index”, KPR Unit Usaha Syariah - Bank Umum Konvensional PermataKPR iB 2. The 2nd Best, Internet Banking Bank Umum Konvensional PermataNet
3. “The Best”, Tabungan Unit Usaha Syariah - Bank Umum Konvensional PermataTabungan Bebas iB 3. The 2nd Best, Bank Umum Konvensional - KBMI 3 Corporate Brand
4. “The Best”, KPR Unit Usaha Syariah - Bank Umum Konvensional PermataKPR iB 4. The 2nd Best, Wealth Management Bank Umum Konvensional PermataBank Priority
5. “The 3rd Highest Digital Index”, Unit Usaha Syariah - Bank Umum Konvensional Corporate Brand 5. The 3rd Best, KPR Bank Umum Konvensional PermataKPR
*Infobank Digital Brand Recognition 2023 Categories 6. The 3rd Best, Kartu Debit Bank Umum Konvensional PermataDebit Plus
7. The 3rd Best, Kartu Kredit Bank Umum Konvensional PermataKartu Kredit
8. The 3rd Best, Tabungan Bank Umum Konvensional PermataTabungan Bebas
*Infobank Digital Brand Recognition 2023 Categories
PT Bank Permata Tbk 9M2023 Management Highlights | 26
Page 27
Awards & Achievements
2023 Asia-Pacific Gold Category The 14th IICD CG
Stevie Awards Award for Innovation in Corporate Websites: 17,843 - PermataStore – One Stop Solution for Conference and Award 2023
Banking Products
• The Best Disclosure and Transparency - Big Cap Listed
Silver Category
Company
Award for Innovation in Content Marketing / Branded Editorial: 17,815 - Battling Fraudster:
• Top 50 Big Cap Issuers Corporate Governance
Countering Crime with Humor (#Ingat3A Campaign)
Implementation
Award for Innovative Achievement in Corporate Social Responsibility: People with Disabilities
Empowerment Program, PermataBRAVE (Because eveRyone is Able and creatiVE)
Bronze Category SWA & FEB UI –
Award for Innovation in the Use of Social Media: 17836 - KOL Activities for Permata HR Excellence 2023
PermataMobile X #AdaRatusanFitur
Award for Innovation in the Use of Celebrities or Public Figures: 17,800 - PermataBank’s • Learning & Development and Knowledge Management –
Innovation to Use Celebrities and Public Figures in its Annual Event Wealth Wisdom 2022 Very Good
Award for the Innovation in Technology Development > Financial Services Industries: 17,841 - • Employer Branding and Talent Acquisition – Very Good
Digital Banking Reenergized: Deeplink Enabled
Award for Innovation in Media Relations: Photography Mentoring and Competition for Photo
Journalists: Permata Photo Journalist Grant (PPG)
Banking Service Excellence No. Awards Class No. Awards Class
2023 Awards
Diamond Recognition – Platinum Recognition –
1. 1.
20 Consecutive Years In Service Excellence 10 Consecutive Years In Service Excellence
2. The 1st Best, Convenient Branch Service In Priority 2. The 1st Best, In Service Excellence
Conventional Bank
3. The 1st Best, Customer Service 3. The 1st Best, Walk In Channel
Sharia Business Unit
4. The 1st Best, ATM The 1st Best, Customer Service 4. The 1st Best, Customer Service
5. The 2nd Best, Walk In Channel 5. The 1st Best, Convenient Branch Experience
6. The 2nd Best, Teller
PT Bank Permata Tbk 9M2023 Management Highlights | 27
Page 28
Corporate Social Responsibility
Since 2011 and Continuing to Contribute to Community Building
80 580 +7K +82K
Strategic Partners Schools & Communities Student Scholarships Total Beneficiaries
2,700 Students 1.000 Students
4,900 Beneficiaries +44k Students
with Disabilities
PT Bank Permata Tbk 9M2023 Management Highlights | 28
*YTD as of 30 September 2023
Page 29
9M 2023 Financial Results
Page 30
Strong Revenue Structure and Sustainable Profit
Total Revenue Profit After Tax – PAT
(Rp trillion) (Rp trillion)
11.6% YOY 4.6% YOY
1.0 Sharia Business
0.9 Revenue 2.2 2.1
↑ 3.6% YOY 0.2 Sharia Business
0.3
Sharia Business
PAT
9.0 Total Revenue
PAT ↑ 41.4% YOY
8.1 Non-Interest Sep-22 Sep-23
1.6 Income
1.4
↑ 11.7% YOY Pre-Provision Operating Profit
(Rp trillion)
20.9% YOY
Net Interest
7.4 Income 4.6
6.7
↑ 11.6% YOY 3.8
0.5 Sharia Business
0.4
PPOP
Sep-22 Sep-23
↑ 8.0% YOY
Source : Published report, numbers are calculated using Bank Only Statements Sep-22 Sep-23
PT Bank Permata Tbk 9M2023 Financial Results | 30
Page 31
Margin Improvement and More Efficient Business Processes
Net Interest Margin – NIM Return On Assets – ROA
(%) (%)
24 bps YOY 0.1% YOY
4.6% 1.6% 1.6% 1.5% 1.5%
4.5% 4.5% 1.1%
4.3%
4.2%
Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23
Loan to Deposit Ratio – LDR Cost to Income Ratio – CIR
(%) (%)
7.7% YOY 3.9% YOY
83.3% 75.6% 55.1%
68.9% 67.6% 73.3% 53.1%
50.2% 49.9% 49.2%
Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23
Source : Published report, ratios are calculated using Bank Only Statements
PT Bank Permata Tbk 9M2023 Financial Results | 31
Page 32
Total Assets & Third-Party Funds Grow Positively
Total Assets Total Deposits
(Rp trillion) (Rp trillion)
14.3% YOY 12.6% YOY
Sharia Asset Sharia Deposit
250.0 26.5
31.6
37.5 ↑18.8% YOY 22.4
↑18.5% YOY
200.0 181.8
161.5
251.9 101.6
150.0
95.9 CASA
55.9%
100.0 59.3%
↑6.0% YOY
220.5
50.0 Time Deposit
65.7 80.2
↑22.2% YOY
0.0
Sep-22 Sep-23 Sep-22 Sep-23
Source : Published report, numbers are calculated using Bank Only Statements
PT Bank Permata Tbk 9M2023 Financial Results | 32
Page 33
Positive Loan Growth with Diversified Portfolio
Total Loans Wholesales Banking – WB
(Rp trillion) Loan Composition
2.4% YOY Commercial
22.6 16%
18.7 Sharia
Financing
↑ 20.8% YOY
As of
30 Sep 2023
Corporate
138.9 84%
135.7 0.9 Others
0.8
↑ 5.2% YOY
Retail Banking – RB
Wholesale Banking (WB) Loan Composition
86.5 89.1
↑ 3.1% YOY Joint
Finance,
SME ,
24%
9%
As of
Retail Banking (RB) Credit
30 Sep 2023
49.0
48.4
↑ 1.2% YOY Mortgage Card, 4%
Personal
, 59%
Loan, 5%
Sep-22 Sep-23
Source : Published report, numbers are calculated using Bank Only Statements
PT Bank Permata Tbk 9M2023 Financial Results | 33
Page 34
Loan Quality Improved with Prudent Provision
Gross and Net Non-Performing Non-Performing Loan – NPL
Loan – NPL Coverage Ratio
20 bps YOY (Gross NPL) Well Maintained Above >200%
285.7%
0.5% 238.3%
Net NPL 0.3%
1.8%
1.0%
Gross NPL 3.1% 2.9%
Sep-22 Sep-23 Sep-22 Sep-23
Source : Published report, ratios are calculated using Bank Only Statements
*Cost of Credit is provided on net basis, which includes LI Recovery Impact
PT Bank Permata Tbk 9M2023 Financial Results | 34
Page 35
Well Maintained LAR and LAR Coverage
Loan At Risk – LAR
Loan At Risk – LAR Coverage Ratio
(Rp trillion)
18.2% YOY 24.9% YOY
11.8%
9.5% 86.7%
16.0
13.1 Total LAR 61.9%
4.2
NPL
4.0
5.4 ↓4.2% YOY
Col. 2
5.1
↓ 5.8% YOY
6.5
4.1 Col. 1 Restructured
↓37.5% YOY
Sep-22 Sep-23
Sep-22 Sep-23
Source : Published report, numbers and ratios are calculated using Bank Only Statements
PT Bank Permata Tbk 9M2023 Financial Results | 35
Page 36
COVID-19 Restructured Loan Continues Declining
Restructured Loan due to Covid-19 Restructured Loan due to Covid-19
(Rp trillion) (by Segment)
35.5% YOY
SME
8.3
8%
22%
Wholesale
5.4 Banking
Total (WB)
Loan Restructured
6.1% due to COVID-19
3.9% Retail As of 30 Sep 2023:
Banking Rp5.4 trillion
(RB)
70%
Sep-22 Sep-23
% restructured loan to total loan
Source : Published report, numbers and ratios are calculated using Bank Only Statements
PT Bank Permata Tbk 9M2023 Financial Results | 36
Page 37
Third Party Funds Supported by CASA Growth
Wholesale Banking – WB Funds Deposit by Business
(Rp trillion)
19.4% YOY
Sharia WB Funds WB, 35%
10.1
6.1
↑65.5% YOY
63.7 TD As of
53.3 30 Sep 2023
17.1
20.3 ↑18.5% YOY
RB, 65%
CASA
43.4
36.2
↑19.9% YOY
Sep-22 Sep-23
Retail Banking – RB Funds
(Rp trillion) Deposit by Composition
9.2% YOY
200.0 Sharia RB Funds 16.5 Sharia,
Sharia RB Funds
16.3 15%
150.0
↑1.0% YOY
108.2 118.1
TD As of
100.0
48.5 59.9 ↑23.5% YOY
30 Sep 2023
50.0 CASA Conventional,
-
59.7 58.3 ↓-2.4% YOY 85%
PT Bank Permata Tbk Sep-22 Sep-23 Source : Published report, numbers are calculated using Bank Only Statements 9M2023 Financial Results | 37
Page 38
Maintaining Our Strength in Capital Management
Total Capital Return On Equity – ROE
(Rp trillion) (%)
3.4% YOY 0.5% YOY
46.8 48.5
6.7% 4.5% 6.6% 6.1% 6.2%
Sep-22 Dec-22 Mar-23 Jun-23 Sep-23
CAR & CET-1 Ratio
Sep-22 Sep-23 (%)
Cash Dividend for Financial Year 2022 CAR CET-1
On 6 April 2023, PermataBank held an Annual General Meeting of
Shareholders (AGMS) and approved the distribution of cash dividend
33.2% 34.2%
41.4% 39.0% 39.4% ↑ 6.2% YOY
of Rp542 billion or Rp15 per share to shareholders for the financial
year ended 31 December 2022. 31.6% 29.7% 29.9%
↑ 4.8% YOY
25.1% 25.7%
PermataBank commits to be one of the most profitable banks with
sustainable quality growth. Sep-22 Dec-22 Mar-23 Jun-23 Sep-23
Source : Published report, numbers and ratios are calculated using Bank Only Statements
PT Bank Permata Tbk 9M2023 Financial Results | 38
Page 39
Business Updates
Page 40
Retail Banking
Providing the Best & Innovative Products
Mortgage Credit Card Deposit
Focus on primary market, strengthen partnership • Various card benefit and features to fulfill Build Mass Affluent segment which also
with main developers. customer lifestyles. offering Sharia deposit products.
• Instant process & digital card in PermataMobileX.
• Focus to mass affluent by providing Black Card
for the Mass Affluent and Visa Infinite for Private
Banking Customers.
Joint Finance Wealth Management Personal Loan
Cooperate with existing partner and • Easy investment via PermataMobile X • PL online application
expanding the market share. • Active participation in ORI or Sukuk distribution • PL instant approval
program • Sharia iB Multiguna
• Launch Sharia Customer Fund Account (RDN)
PT Bank Permata Tbk 9M2023 Business Updates | 40
Page 41
Retail Banking
Newest Product Launches
PermataPoin PermataKKB
A point reward program from PermataBank Program offered to PermataBank customers for various choices of
that can be collected through various vehicle types and brands through PermataKKB*.
transactions on PermataMobile X and can be
used for QR Payments. *) Powered by PT Mandiri Utama Finance
Easy to Earn
Just by doing any Top-up or Bill
Payment transaction with any
amount, you can instantly get
PermataPoin
No Limit on Transaction
Frequency
The more you transact, the more
PermataPoin you can get
Pay with Your PermataPoin
PermataPoin can be used for QR
Pay transaction on
PermataMobile X
PT Bank Permata Tbk 9M2023 Business Updates | 41
Page 42
Retail Banking
Private Banking Services
Private Banking
Permata Private Banking differentiates the offering for UHNW (AUM
threshold with minimum Rp10 billion) by providing value not only for
personal financial solution, but also family wealth inheritance and business
needs.
Centralized in 3 centers (Jakarta, Surabaya and Medan), Permata private
bankers will serve and offer dedicated advisory supports and complete
product ranges with exclusive privileges.
For You
• Complete range of products & services
• Exclusive privileges (Travel, Health, etc)
• Other tax and legal advices
For Your Family
Protecting the value of your wealth and seamless transition to your future
generation
• Wealth inheritance & management planning
• Education and next gen club
• Taxation and legal consultation for family members
For Your Business
One stop solution for your various business needs
• Corporate investment and financing
• Taxation and legal consultation for businesses
PT Bank Permata Tbk 9M2023 Business Updates | 42
Page 43
Retail Banking
Business Initiatives
Collaboration With Business Partners Digital Solution In Banking Services
Cash Management
PermataMobile X Merchant & QRIS
Continuous innovation of PMobX ▪ Offering advance payment
Loan Channelling to be competitive in the market: system via QR and API
▪ PermataMobile X Next Gen capabilities
▪ Notification Engine ▪ Offering QRIS in Thailand,
▪ Easy transfer and real-time Malaysia, and Singapore,
with BI-FAST from Bank available in PMobX
Digital Payment & Account Opening Indonesia
Investment
PT Bank Permata Tbk 9M2023 Business Updates | 43
Page 44
Retail Banking
Digital Banking Service
PERMATANET PERMATA ATM
PERMATA MOBILE X
DIGITAL MODEL BRANCH
PERMATABANK.COM
RELATIONSHIP MANAGER
PERMATA QRPAY
PERMATA EDC PERMATA TEL
PT Bank Permata Tbk 9M2023 Business Updates | 44
Page 45
Wholesale Banking
Offering Innovative Products & Services
Value-Chain Product Highlights
Ecosystem Finance 24/7 Real-Time Access Clients Highlights
Unlocking financing Continuous access to Automotive
opportunity through information or services
integrated and digitally in real-time, 24 hours a
available financial day, 7 days a week.
services within an
ecosystem
Telecommunication
H2H & API Connectivity End-to-End Solution
Seamless integration of Comprehensive, all
system through host to inclusive solution that
host and application address every aspect
FMCG
programming interfaces, of financing needs in
enabling data sharing every stages of
and functionality across business cycles.
platforms
PT Bank Permata Tbk 9M2023 Business Updates | 45
Page 46
Wholesale Banking
Maintaining Relationship with Valuable Clients
Client Engagement Events Deepening Relationship with Key Clients
Supplier Gathering and Trade Sharing Session
• Providing financing to conglomerate groups in
Sharing the latest update on Trade Business as well as related to
Indonesia.
markets, value chain products and retail product refreshment.
• Support government programs in financing MSMEs to
Economic Updates increase RPIM.
Updating macro economics, market, GM products & services as well as • Providing funds receipt and payment services with an
latest regulatory requirements. API connection to Rural Banks (BPR).
PermataTrade MasterClass 2023
Socialization to customers regarding the latest regulations of Export
Proceeds Foreign Exchange (DHE) as well as strategies for efficient
customs procedures in export and import activities.
PT Bank Permata Tbk 9M2023 Business Updates | 46
Page 47
Wholesale Banking
Business Initiatives
Expanding Customer Base and Selective Increase Sharia Financing in Prospective Industries
Prospective Industry
Strengthening Business Cooperation in Halal Ecosystem
PT Bank Permata Tbk 9M2023 Business Updates | 47
Page 48
Wholesale Banking
Business Initiatives
Active Participation in Sustainable Finance Active Participation in Syndication Financing
Participation in providing financing for SGMW Actively participates in syndicated financing and acts as a
Multifinance Indonesia to support electric facility and security agents as an effort to increase fee-based
vehicle financing. income.
Prudent growth of sustainable financing to
support client's renewable energy projects.
PT Bank Permata Tbk 9M2023 Business Updates | 48
Page 49
Wholesale Banking Digital Banking Service for SME Segment & Corporate PT Bank Permata Tbk 9M2023 Business Updates | 49
Page 50
Appendices
Page 51
Income Statement
in Rp billion Sep-23 Sep-22 YoY (%)
Net Interest Income 7,444 6,670 11.6%
Non-Interest Income 1,599 1,431 11.7%
Revenue 9,043 8,101 11.6%
Operating Expense 4,409 4,268 3.3%
Pre-Provision Operating Profit 4,634 3,833 20.9%
Provision for losses 1,874 965 94.2%
Operating Profit 2,759 2,868 (3.8%)
Non-Operating Income 10 29 (67.1%)
Profit Before Tax 2,769 2,897 (4.4%)
Tax (628) (654) (3.9%)
Profit After Tax 2,141 2,243 (4.6%)
Source : Published Report, numbers are calculated using Bank Only Statements
PT Bank Permata Tbk 9M2023 Appendix | 51
Page 52
Balance Sheet
in Rp trillion Sep-23 Sep-22 YoY (%)
Cash 1.4 1.6 (9.8%)
Placement with Bank Indonesia 25.7 25.9 (0.6%)
Placement with Other Banks 5.0 5.6 (11.2%)
Marketable Securities 70.8 46.0 53.9%
Loans (Gross) 138.9 135.7 2.4%
Allowance for Loan Impairment Losses (11.4) (9.9) 14.7%
Other Assets 21.5 15.7 37.2%
Total Assets 251.9 220.5 14.3%
Deposits * 181.8 161.5 12.6%
- Current Accounts 61.7 56.5 9.3%
- Saving Accounts 39.9 39.4 1.4%
- Time Deposits 80.2 65.7 22.2%
Other Borrowings 10.3 10.0 2.5%
Other Liabilities 20.6 11.3 82.3%
Total Liabilities 212.7 182.8 16.3%
Shareholders' Equity 39.2 37.6 4.2%
Total Liabilities & Shareholders' Equity 251.9 220.5 14.3%
Source : Published Report, numbers are calculated using Bank Only Statements
PT Bank Permata Tbk 9M2023 Appendix | 52
Page 53
Financial Ratios
Financial Ratios (in %) Sep-23 Sep-22 YoY (%)
CET-1 ratio 29.9 25.1 4.8
Total CAR 39.4 33.2 6.2
Loan to Deposit Ratio (LDR) 75.6 83.3 (7.7)
CASA Ratio 55.9 59.3 (3.5)
ROA 1.5 1.6 (0.2)
ROE 6.2 6.7 (0.5)
BOPO 79.7 73.4 6.2
CIR 49.2 53.1 (3.9)
NIM 4.5 4.2 0.2
NPL Gross 2.9 3.1 (0.2)
NPL Net 0.3 0.5 (0.1)
NPL Coverage ratio 285.7 238.3 47.5
Regulatory Coverage ratio 301.1 261.0 40.1
Source : Published Report, ratios are calculated using Bank Only Statements
PT Bank Permata Tbk 9M2023 Appendix | 53
Page 54
Stock Information
Closing Price Dec 2022 – Sep 2023
IDX : BNLI
1,200 1,200,000 IDX : BNLI Dec-23 Mar-23 Jun-23 Sep-23
27-Jun-23, 975
1,015 950 975 925
Price (Rp)
1,100
29-Sep-23, 925 1,000,000
0.9 0.9 0.9
PBV (x) 1.0
Closing Stock Price (in Rp/Share)
1,000
Trading Volume (in Shares)
800,000 P/E Ratio* 18 11 13 12
900
Market Cap 36.7 34.4 35.3 33.5
(Rp trillion)
31-Mar-23, 950 600,000
Book Value 37.6 38.4 38.6 39.2
800 (Rp trillion)
400,000 PAT 2.0 0.8
1.4 2.1
700 (Rp trillion)
EPS* 56 84 78 79
200,000 (Rp/Share)
600
BVS 1,040 1,062 1,067 1,084
(Rp/Share)
500
Dec-22 Mar-23 Jun-23 Sep-23 *Annualized
Trading Volume (Share) Closing Price (Rp)
PT Bank Permata Tbk Source: 1) Bloomberg for Share Price, Volume & Outstanding Shares, 2) Company Publication for Book Value & PAT, 3) Company Analysis for Valuation Ratios 9M2023 Appendix | 54
Page 55
PT BANK PERMATA TBK INVESTOR RELATIONS DEPARTMENT World Trade Center II Jalan Jend. Sudirman Kav. 29-31 Jakarta 12920 - Indonesia Website: www.permatabank.com/id/tentang-kami/hubungan-investor Email: investor.relations@permatabank.co.id
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Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.