Investor Presentaiton
Σ
CIMB Islamic
Islamic Financing
(RM 'mil)
2Q23
Q-o-Q
1H23
Y-o-Y
(RM 'bil)
Net financing income
824
12.9%
1,554
(3.9%)
+2.9% Q-o-Q
+16.0% Y-o-Y
Non financing income
175
(5.9%)
361
62.6%
Operating income
999
9.1%
1,915
4.1%
128.5
132.2
114.0
Overhead expenses
(334)
(11.9%)
(714)
18.8%
PPOP
665
23.8%
1,201
(3.0%)
(Provisions) / Writeback
(198)
22.2%
(360)
33.3%
Jun-22
Mar-23
Jun-23
Share of JV / Associates
1
2
100.0%
PBT
468
24.5%
843
(13.0%)
Islamic Deposits~
Σ Net Financing income (NFI) improved 12.9% QoQ but lower 3.9% YoY due to net
financing margin compression from higher deposit cost. Non Financing income
(NOFI) -5.9% QoQ but higher by 62.6% YoY driven by higher trading & FX income
PBT improved 24.5% QoQ from higher NFI and reduced expense, offset by higher
provisions in Malaysia. However, PBT -13.0% YoY from elevated expenses and
provisions
>>>
☑
> Financing and deposits rose by 16.0% and 17.8% YoY, respectively. CIMB Islamic
remains #2 in Malaysia by total Islamic assets, deposits and financing
Note: Including investment accounts
(RM 'bil)
+4.4% Q-0-Q
+17.8% Y-o-Y
141.3
125.2
147.5
Jun-22
Mar-23
Jun-23
18View entire presentation