Investor Presentaiton
Hong Kong strategic priorities
Capturing the
connectivity
Leading RMB
international
bank
Developing opportunities arising from increased China wealth
• Tapping into mainland Chinese enterprises "going out"
Capturing business arising from HK and international companies "going into China"
• Leveraging HK's strategic position as the leading offshore RMB centre
•
Capturing market share from increasing RMB trade settlement and capital flows
•
Capitalising on rising cross-border business opportunities
Maintaining
market
leadership
PBT, 1H12
(USDm, reported)
•
Consolidating market leadership in total deposits, Mandatory Provident Fund, Mortgages, Credit cards,
HKD and offshore RMB bonds and FX
Maintaining scale in other strategic businesses
Notes:
1 Before loan impairment charges and other credit risk provisions
2 Profit before tax basis
Reported
2011
1H 11
1H 12
Net operating income¹ (USDbn)
10.7
5.4
6.1
RBWM (1,753)
■CMB (1,001)
Profit before tax (USDbn)
5.8
3.1
3.8
GBM (786)
GPB (122)
Other (99)
Cost efficiency ratio (%)
44.5
43.2
39.1
Total: 3,761
Return on risk-weighted assets² (%)
5.3
5.6
7.1
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