#1EX The Bank of Khyber The Bank of Khyber ECK Corporate Briefing -Pakistan Stock Exchange Wednesday, December 18TH ,2019#2BOX The Bank of Khyber About Us The Bank of Khyber (BOK) was established in 1991 through an Act of the Provincial Assembly with an initial Paid-up Capital of Rs. 153 Million (100% Government Equity). Current Paid-up Capital of the Bank is Rs. 10 billion of which 70.20 % is owned by Government of Khyber Pakhtunkhwa and 24.16 % by Ismail Industries Limited. During past 28 years, BOK has played a vital role in the development of Khyber Pakhtunkhwa in particular and participated in the economic development of Pakistan in general. BOK was awarded status of a scheduled bank in September 1994. BOK started Islamic banking operations in 2003, initially by converting few of its conventional branches to Islamic. The bank has long been associated with business and commercial circles and has been actively engaged in catering to the financial needs of all sectors. Today, BOK is an "A-1" rated commercial bank, operating across the country with a network of 169 branches (Conventional:85, Islamic:84). BRANCH NETWORK -Province-wise#3BO The Bank of Khyber Governance Structure & Legal framework The Board of Directors of the Bank is constituted of Eight Directors as follows: Chairman Managing Director Three nominee Directors of the Government of Khyber Pakhtunkhwa Three Directors elected by Private sector shareholders. Shareholding: Shareholding of the Bank is held as follows: Government of Khyber Pakhtunkhwa Ismail Industries Limited • General Public 70.20% 24.42% 5.38% Applicable regulations: In addition to all regulations applicable to listed companies, the Bank is also governed by the Bank of Khyber Act, 1991 a legislation passed by the Provincial Assembly of KPK.#4BO The Bank of Khyber Key Executives ■ Managing Director (Acting) Group Head Islamic Banking Group Head Conventional Banking (Acting) Group Head Treasury & Investment Banking ■ Group Head Operations & Support Group Head Human Resource ■ Chief Compliance Officer Head Internal Audit Head Information Technology ■ Head Legal Head Shariah Compliance Ihsan Ullah Ihsan Muhammad Atif Hanif Sher Muhammad Muhammad Faisal Moin Rana Sher Muhammad Khalid Abdul Aziz Mudassar Iqbal Azfar Latif Arshad Nazir Abdul Aleem Khan#5BOX The Bank of Khyber Corporate Information Chief Financial Officer Mahmood Ahmed Qureshi Company Secretary Zahid Sahibzada Legal Advisors Mr. Nisar Ahmed Khan, Advocate, Peshawar M/s. Mohsin Tayebaly & Co., Karachi External Auditors EY Ford Rhodes Chartered Accountants Registrar and Share Registration Office THK Associates (Pvt) Ltd. 1st Floor, 40-C, Block 6 P.E.C.H.S. Karachi - 75530 Pakistan. Registered Office / Head Office The Bank of Khyber 24 The Mall, Peshawar Cantt. 1st Floor, State Life Building, 34 – The Mall, Peshawar Cantt., Pakistan UAN# 00-92-91-111 95 95 95 URL: www.bok.com.pk#6BOX The Bank of Khyber Six Years' Financial Highlights SEP 2013 2014 2015 2016 2017 2018 Description 2019 Rs in 'Million' Deposits 77,218 92,264 92,264 117,292 117,292 157,020 159,247 171,168 187,256 Slide 10 Advances (Net) 35,450 40,057 36.454 31,644 83,369 95,012 118,904 Slide 11,12 Investments(Net) 53.363 72,431 88,296 141,602 140,474 94.233 139,257 Slide 13 Total Assets 108,170 126,106 126,106 155,159 155,159 206,400 245,132 223,095 297,412 Capital & Reserves 12.557 14,920 15,918 16,143 15,398 11,705 12,859 Slide 14 Profit before Tax 1.669 1,901 2,959 3,240 2,795 707 900 Profit after Tax 1.154 1,309 1,789 2.020 1,790 466 598 Return on Equity 9% 9% 11% 13% 12% 4% 6.2% Dividends declared 1,000 1,250 1,501 1,501 Earning per share 1.15 1.31 1.79 2.02 1.79 0.47 0.60 Dividend per share 1.00 1.25 1.50 1.50 Dividend Payout Ratio 0% 76% 70% 74% 84% 0% 0% Slide 15 Dividend Yield 0% 11.64% 11.95% 12.25% 10.44% 0% 0% Capital Adequacy Ratio 24.03% 22.65% 23.75% 21.34% 20.00% 12.28% 12.64% Advances Deposits Ratio 49.65% 46.87% 34.22% 22.96% 55.05% 57.94% 65.80% ISLAMIC#7BOX The Bank of Khyber THANK YOU#8BOX The Bank of Khyber BRANCH NETWORK -Province-wise YEAR KPK PUNJAB SINDH BALOCHISTAN ICT ICT AJK AJK GILGIT GILGIT FATA TOTAL 2013 49 29 11 3 3 3 1 1 100 2014 57 34 12 4 4 3 1 1 116 2015 69 34 12 4 4 3 1 3 130 2016 86 34 12 5 3 1 5 150 2017 99 35 12 5 5 3 1 6 166 2018 101 35 12 6 5 3 1 6 169 2019 101 35 12 6 5 3 1 6 169 BACK TO MAIN#9BOX The Bank of Khyber Six Years' Financial Highlights(Continued) DEPOSIT MIX SEP Description 2013 2014 2015 2016 2017 2018 2019 Rs. in 'Million' Fixed deposits 32,038 31,783 47,775 61,495 74,987 74,576 74,306 Saving deposits 25,628 40,118 42,579 60,173 47,889 56,610 70,441 Current accounts 17,981 17,911 24,118 28,281 30,992 34,386 35,616 Others 1.571 2,452 2,820 7,071 5.379 5,596 6,893 TOTAL 77,218 92,264 117,292 157,020 159,247 171,168 187,256 BACK TO MAIN#10BOX The Bank of Khyber Six Years' Financial Highlights(Continued) ADVANCES SEP Description 2013 2014 2015 2016 2017 2018 2019 Rs in 'Million' Advances (Gross) 38,339 43,243 38,339 43,243 40,137 36,054 87,673 99,167 123,220 Less: Provisions 2,889 3,186 3,683 4,410 4,304 4,155 4,316 Advances (Net) 35,450 40,057 35,450 40,057 36,454 31,644 83,369 95,012 118,904 BACK TO MAIN#11BO Six Years' Financial Highlights(Continued) The Bank of Khyber ADVANCES-SECTOR WISE Description 2013 2014 2015 2016 2017 2018 Rs in 'Million' Commodity 12,616 12,451 11,110 6,000 30,000 49,196 Misc.Manufacturing 4,085 3,497 Textile 3,836 4,888 4,141 4,446 3,948 3,921 5,151 4,194 8,610 12,881 Trading 2,941 3,391 3,430 2,577 3,386 3,424 Sugar 2,648 3,971 2,863 3,374 3,843 2,837 Construction 1.423 1,895 1,614 1.412 2,685 1,465 Individuals 1,789 1,773 2,028 1,936 2,074 2,707 Energy 1,065 1,084 1,013 1,291 19,566 635 Agriculture 771 Others 7,165 Total Gross Advances 829 2,721 9,464 6,771 38,339 43,243 40,137 36,054 2,308 2,868 3,197 9,287 9,490 18,631 87,673 99,167 BACK TO MAIN#12BO The Bank of Khyber Six Years' Financial Highlights(Continued) INVESTMENT BY SEGMENTS SEP Description 2013 2014 2015 2016 2017 2018 2019 Rs. in 'Million' Federal Govt Securities 30,009 27,241 Market Treasury Bills 42,536 58,041 46,643 16,048 54,121 Pakistan Investment Bonds 12,564 30,157 38,451 71,251 82,841 69,247 73,700 Government of Pakistan- 6,770 10,003 2,500 7,250 6,250 6,250 7,889 Sukuks Shares Other Investments Total Investments-Gross Add/(Less):Surplus/(Deficit) Less:Provisions Total Investments-Net 1,152 1,519 2,029 919 1,693 684 839 4,055 2,930 1,969 3,951 4,403 7,275 7,121 54,550 71,850 87,485 141,412 141,830 99,504 143,670 53,363 72,431 88,296 (239) 1,457 1.770 1,052 (948) (876) (959) (862) 141,602 140,474 (491) (4,429) (3,571) (865) (842) (842) 94,233 139,257 BACK TO MAIN#13BO The Bank of Khyber Six Years' Financial Highlights(Continued) CAPITAL & RESERVES SEP 2013 2014 2015 2016 2017 2018 Description 2019 Rs in 'Million' Share Capital 10,000 10,003 10,003 10,003 10,003 10,003 10,003 10,003 Reserves 1,171 1,430 1,788 2,192 2,550 2,644 2,763 Unappropriated Profit 742 1,778 2,182 2,491 2,390 1,163 1,641 Surplus (Deficit) on Revaluation 644 1,709 1,945 1,457 455 (2,105) (1,548) Total Capital & Reserves 12,557 14,920 15,918 16,143 16,143 15,398 11,705 12,859 BACK TO MAIN#14BOX The Bank of Khyber Corporate Briefing DETAILS OF PAYOUTS Date Financial Results March 2,2018 31/12/2017(YR) March 7,2017 31/12/2016(YR) March 9,2016 31/12/2015(YR) March 13,2015 31/12/2014(YR) October 29, 2013 October 30, 2012 October 30,2012 May 30,2011 November 20,2008 31/12/2008(YR) January 8,2007 Details 15%(D) 15%(D) 12.5%(D) 10%(D) 11.12%(B) 9.40% (B) 9.40% (B) 64.41%(R) 25%(B) 100% at a premium of 2.75 per share,(R) BACK TO MAIN#15BOX The Bank of Khyber Six Years' Financial Highlights-ISLAMIC SEP 2013 2014 2015 2016 2017 2018 Description 2019 Rs in 'Million' Deposits 16,640 20,325 25,450 30,832 36,516 45,894 48,577 Advances (Net) 5,177 9,502 10,195 5,627 41,472 35,467 47,384 Investments (Net) 8,235 10,828 10,575 10,541 9,680 10,574 12,017 Total Assets 19,952 25,340 31,843 35,637 57,421 55,046 73,454 Capital & Reserves 2,713 3,172 3,636 4,077 4,645 5,069 6,116 Profit before Tax 382 459 435 314 634 825 1,719 BACK TO MAIN