FirstBank H1'11 Investor & Analyst Presentation
Summary &
Outlook
Strategy &
Transformation
Risk Mgt &
Corporate
Financial
Operating
Review
Environment
Highlights
Governance
Within our Investment Banking/Asset Management Business, our strategy
is to improve on our ability to provide financing and investment solutions to
our clients, leveraging on the Group's customer base
FirstBank
Since 1894
Investment Banking: Our investment banking strategy is centered around deepening our customer relationships and leveraging on
existing relationships with the bank. This will be augmented by building capability in the infrastructure and energy sectors. We continue to
improve our alliance relationships and leverage our new research capabilities to proactively identify investment banking opportunities both
in the private and public sector. We also continue to finalise our relationships with First Bank IBG, CBG, & PSG sectors in realizing the
group synergies.
Asset Management and Trustees: Our asset management strategy is centered around creating innovative products tailored to the
needs of our customers. We continue to focus on taking advantage of current high interest rates as well as provide appropriate products
to our clients, for example we will be launching two fixed income products in the second half of the year. In addition, we will finalize our
working relationship with First Bank Private Banking group and capture synergies with First Bank Retail Banking for product distribution.
We will also leverage on First Bank's relationships to acquire corporate and public trust mandates, and continue customer education for
private trusts.
Markets: Our new research team will work with institutional sales to ensure the right institutional customers are targeted. In addition, we
plan to focus on operational excellence for the brokerage system. We will continue to manage our retail clients in a more cost-
effective, and technology-driven manner.
Private Equity / Principal Investments: We maintain our private equity strategy of partnering with medium-sized companies with
scalable business models with products that have large addressable market and backed by experienced management team. We have
recently increased our deal size to up to $10million. We believe this will allow us to participate in a wider space with more experienced
management teams who possess the requisite skill sets to drive and achieve growth in a challenging environment
FirstBank H1'11 Investor & Analyst Presentation - 27/07/2011
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