2022 State Budget and Fiscal Incentives Presentation slide image

2022 State Budget and Fiscal Incentives Presentation

0 2 4 Jan- Feb- Apr- May- Aug-19 Sep- 10 15 20 20 Jan-19. Feb-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 % 6 Net Interest Margin Resilient Financial Institutions Domestic financial institutions remain sound and stable, supported by strong capitals and leverage amidst hurdles due to the pandemic. 20 % 25 CAR of the banking sector indicated ample liquidity with a value of 25.59% and Tier-1 capital at 23.95% as of November 2021.*) CAR ■Tier 1 A RBC of the insurance industry increased and stayed well above the minimum threshold (120%) with Life Insurance RBC at 589.6% and General Insurance RBC at 322.9% in November 2021. Profitability of the banking industry recorded at steady level, reflected by stable NIM and ROA at 4.51% and 1.91% respectively in November 2021. Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Return on Assets % 4 4.51 3 2 1.91 1 >> 25.59 Life Insurance (Lhs) General Insurance (rhs) 322.9 900 400 23.95 800 350 700 300 600 250 500 589.6 200 400 300 threshold Insurance RBC (rhs)= 120%| 150 100 200 threshold Insurance RBC (Lhs) = 120% 100 50 0 0 Source: Financial Service Authority (OJK) *) provisional figures due to the relaxation on financial institutions' report to OJK because of Covid-19 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19. Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Gearing ratio of multi-finance companies slightly decreased but remained below the threshold with a ratio of 1.91 times in Nov 2021. Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 169 1.91
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