UBL Growth and Market Leadership slide image

UBL Growth and Market Leadership

Balance Sheet Review - Building efficiencies in deposit base with well diversified investment book Rs in bln Domestic Deposits Performance - Led by Branch Banking Group Balance Sheet Var % Dec 22 Dec'21 Average deposits at Rs 1.6 tln, up 9% YoY Advances 922 646 43% Investments 1,415 1,497 FI Lendings 85 52 Others 336 424 -5% 65% -21% Average current accounts up 13% YoY, savings up 2% YoY Total Assets 2,759 2,618 5% Deposits 1,838 1,751 5% Borrowings 565 563 0% Subordinated Debts 10 10 0% Others 137 89 53% Total Liabilities 2,550 2,414 6% Net Assets 209 205 2% Share Capital 12 12 0% Reserves 86 70 24% Unappropriated Profit 91 85 8% Surplus on reval. of Assets 19 38 -50% Period End current to total deposits ratio is 49% (FY'21: 47%) Period End domestic CASA ratio levels at 89% (FY'21: 88%) Cost of deposit contained at 6.4% (3.6% FY'21) - despite rate hike Buildup in Corporate Bank Lending with strong asset quality Domestic performing advances at Rs. 759 bln (Dec'21: Rs 517 bln) Average performing domestic advances at Rs. 525 bln (18% up) International portfolio maintained at USD 715 mln Investments portfolio position and mix as at Dec 31, 2022 Timely repositioning within investments strengthens NII Well diversified portfolio of fixed and floating rate investments BS well positioned for further repricing across asset base Total Equity including Surplus 209 205 2%
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