88
2014 TARGET INVESTMENT CONSULTING CO., LTD Cambodian Commercial Banks Snapshot
2014
TARGET INVESTMENT CONSULTING CO., LTD
Cambodian Commercial Banks Snapshot
Cambodian Banking Sector
2 of 88
Table of ContentsPage
Bank Ranking…………………………………………………………………………………………………………………………………… 3Total Operating Income…………………………………………………………………………………………………………………… 4Net Profit………………………………………………………………………………………………………………………………………… 5Total Assets……………………………………………………………………………………………………………………………………… 6Net Loans………………………………………………………………………………………………………………………………………… 7Deposits…………………………………………………………………………………………………………………………………………… 8Debt………………………………………………………………………………………………………………………………………………… 9Equity……………………………………………………………………………………………………………………………………………… 10Non-Performing Loans……………………………………………………………………………………………………………………… 11Non-Performing Loan Ratio……………………………………………………………………………………………………………… 12Loan to Deposit Ratio………………………………………………………………………………………………………………………… 13Net Profit Margin……………………………………………………………………………………………………………………………… 14Return on Assets……………………………………………………………………………………………………………………………… 15Return on Equity……………………………………………………………………………………………………………………………… 16
Banks1 Advanced Bank of Asia……………………………………………………………………………………………………………………… 172 ACLEDA…………………………………………………………………………………………………………………………………………… 193 Agri Bank, Phnom Penh Branch………………………………………………………………………………………………………… 214 ANZ Royal Bank………………………………………………………………………………………………………………………………… 235 Bank for Investment and Development of Cambodia………………………………………………………………………… 256 Booyon Khmer Bank………………………………………………………………………………………………………………………… 277 Bank of China Limited, Phnom Penh Branch……………………………………………………………………………………… 298 Bank of India, Phnom Penh Branch…………………………………………………………………………………………………… 319 Cambodia Asia Bank………………………………………………………………………………………………………………………… 33
10 Cambodian Commercial Bank…………………………………………………………………………………………………………… 3511 CIMB Bank Plc…………………………………………………………………………………………………………………………………… 3712 Cambodia Mekong Bank…………………………………………………………………………………………………………………… 3913 Canadia Bank Plc……………………………………………………………………………………………………………………………… 4114 Cambodian Public Bank Plc……………………………………………………………………………………………………………… 4315 Cathay United Bank (Cambodia)……………………………………………………………………………………………………… 4516 First Commercial Bank, Phnom Penh Branch…………………………………………………………………………………… 4717 Foreign Trade Bank of Cambodia……………………………………………………………………………………………………… 4918 Hong Leong Bank……………………………………………………………………………………………………………………………… 5119 ICBC Limited Phnom Penh Branch……………………………………………………………………………………………………… 5320 Kookmin Bank Cambodia Plc…………………………………………………………………………………………………………… 5521 Krung Thai Bank………………………………………………………………………………………………………………………………… 5722 Maybank (Cambodia) Plc…………………………………………………………………………………………………………………… 5923 MB Bank Plc., Phnom Penh branch…………………………………………………………………………………………………… 6124 Mega International Commercial Bank Co,.Ltd…………………………………………………………………………………… 6325 Maruhan Japan Bank Plc…………………………………………………………………………………………………………………… 6526 Phillip Bank……………………………………………………………………………………………………………………………………… 6727 Cambodia Post Bank Plc…………………………………………………………………………………………………………………… 6928 Phnom Penh Commercial Bank………………………………………………………………………………………………………… 7129 RHB Bank………………………………………………………………………………………………………………………………………… 7330 Saigon Thuong Tin Bank (Cambodia) Plc…………………………………………………………………………………………… 7531 SHB Plc, Phnom Penh branch…………………………………………………………………………………………………………… 7732 Shinhan Khmer Bank Plc…………………………………………………………………………………………………………………… 7933 Taiwan Cooperative Bank………………………………………………………………………………………………………………… 8134 Union Commercial Bank Plc……………………………………………………………………………………………………………… 8335 Vattanac Bank Ltd……………………………………………………………………………………………………………………………… 85
87
Banking Industry
About Target Investment Consulting
Cambodian Banking Sector
3 of 88
Bank Ranking - 20132013 FY
Ranking Total Assets Loans Deposits Net Profit ROE1 ACLEDA ACLEDA ACLEDA ACLEDA ACLEDA2 CNB CNB CNB CNB ANZ3 CPB CPB CPB CPB CNB4 ANZ ICBC ANZ ANZ Maybank5 ICBC ANZ BIDC Maybank FCB6 BIDC BIDC FTB FTB FTB7 FTB FTB BOC FCB CPB8 Maybank Maybank Maybank MJB BOC9 BOC BOC ABA ICBC ABA
10 ABA UCB UCB BOC SKB11 UCB ABA VB BIDC KBC12 VB FCB CIMB ABA ICBC13 CIMB RHB RHB PPCB PPCB14 RHB CIMB CCB UCB CCB15 CCB SHB PPCB VB KTB16 FCB PPCB FCB SKB MJB17 PPCB VB ICBC CCB UCB18 MJB SKB MJB KTB VB19 KTB MJB SKB KBC BIDC20 SKB Sacombank CUBC Mega Mega21 SHB Mega Sacombank RHB SHB22 Sacombank KBC KBC SHB CAB23 Mega CCB Mega CAB RHB24 CUBC MB CAB Sacombank BKB25 KBC KTB PHL BKB Sacombank26 CAB CUBC SHB Agri BOI27 TCB CAB KTB MB Agri28 PHL PHL TCB BOI MB29 MB Agri HLB TCB TCB30 Agri CMB Agri PHL PHL31 HLB Post CMB CMB CIMB32 CMB BOI MB CIMB CMB33 Post HLB Post Post HLB34 BKB TCB BOI HLB Post35 BOI BKB BKB CUBC CUBC
Cambodian Banking Sector
4 of 88
Total Operating IncomeUSD MM
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA 5.63 8.77 11.97 15.88 2 ACLEDA ACLEDA 107.98 142.61 173.76 200.79 3 Agri Bank, Phnom Penh Branch Agri 0.41 2.09 1.81 1.40 4 ANZ Royal Bank ANZ 33.57 38.11 40.91 45.89 5 Bank for Investment and Development of Cambodia BIDC 8.43 13.56 20.28 22.25 6 Booyon Khmer Bank BKB 0.88 0.92 0.89 1.03 7 Bank of China Limited, Phnom Penh Branch BOC 0.00 1.22 6.07 11.74 8 Bank of India, Phnom Penh Branch BOI 0.22 0.46 0.62 0.59 9 Cambodia Asia Bank CAB 3.25 4.24 6.09 5.61
10 Cambodian Commercial Bank CCB 3.55 3.27 3.29 4.58 11 CIMB Bank Plc. CIMB 0.01 1.27 4.54 7.86 12 Cambodia Mekong Bank CMB 2.08 2.14 2.90 2.24 13 Canadia Bank Plc. CNB 36.19 51.64 69.86 83.66 14 Cambodian Public Bank Plc. CPB 52.90 53.47 53.42 59.99 15 Cathay United Bank (Cambodia) CUBC 3.04 3.72 4.00 4.47 16 First Commercial Bank, Phnom Penh Branch FCB 6.70 8.58 9.38 11.68 17 Foreign Trade Bank of Cambodia FTB 10.60 11.94 16.01 21.05 18 Hong Leong Bank HLB - - - 0.36 19 ICBC Limited Phnom Penh Branch ICBC - - 6.21 11.22 20 Kookmin Bank Cambodia Plc. KBC 1.84 2.63 3.64 4.96 21 Krung Thai Bank KTB 2.06 1.23 2.03 2.89 22 Maybank (Cambodia) Plc. Maybank 7.98 12.84 13.35 21.56 23 MB Bank Plc., Phnom Penh branch MB - (0.00) 1.23 2.49 24 Mega International Commercial Bank Co,.Ltd Mega - 0.08 1.94 4.18 25 Maruhan Japan Bank Plc. MJB 1.02 2.10 5.35 8.21 26 Phillip Bank PHL 0.75 1.95 2.53 3.51 27 Cambodia Post Bank Plc. Post - - - 1.08 28 Phnom Penh Commercial Bank PPCB 2.54 4.17 7.11 10.11 29 RHB Indochina Bank Ltd RHB 2.38 3.63 5.42 8.06 30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank 3.13 5.25 4.91 5.16 31 SHB Plc, Phnom Penh branch SHB - - 1.93 6.35 32 Shinhan Khmer Bank Plc. SKB 3.03 3.57 4.44 5.81 33 Taiwan Cooperative Bank TCB - - - 0.82 34 Union Commercial Bank Plc. UCB 7.92 11.41 13.49 15.07 35 Vattanac Bank Ltd. VB 4.50 7.23 9.18 8.93
Total 312.57 404.09 508.57 621.47 %YoY 29.28% 25.85% 22.20%
* Figures in green color are complied from NBC's annual report; not audited report
312.57 404.09
508.57 621.47
-
100.00
200.00
300.00
400.00
500.00
600.00
2010 2011 2012 2013
Total Operating Income (USD MM) and Growth
Total Operating Income %YoY
Cambodian Banking Sector
5 of 88
Net ProfitUSD MM
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA 0.04 2.02 3.39 4.05 2 ACLEDA ACLEDA 26.45 49.35 63.65 77.76 3 Agri Bank, Phnom Penh Branch Agri (0.49) 1.02 0.26 0.18 4 ANZ Royal Bank ANZ 8.06 11.92 12.25 18.06 5 Bank for Investment and Development of Cambodia BIDC 1.99 4.80 7.64 4.05 6 Booyon Khmer Bank BKB 0.26 0.34 0.32 0.47 7 Bank of China Limited, Phnom Penh Branch BOC (0.30) (1.07) 1.33 4.33 8 Bank of India, Phnom Penh Branch BOI (0.16) 0.03 0.09 0.06 9 Cambodia Asia Bank CAB 0.15 0.22 0.59 0.69
10 Cambodian Commercial Bank CCB 1.30 1.11 0.63 2.26 11 CIMB Bank Plc. CIMB (0.45) (3.27) (2.07) (0.74) 12 Cambodia Mekong Bank CMB 1.87 0.17 0.59 (0.73) 13 Canadia Bank Plc. CNB 15.14 23.23 35.55 39.13 14 Cambodian Public Bank Plc. CPB 13.81 23.70 27.97 29.45 15 Cathay United Bank (Cambodia) CUBC 0.20 0.41 0.39 (2.03) 16 First Commercial Bank, Phnom Penh Branch FCB 3.55 4.61 4.92 6.17 17 Foreign Trade Bank of Cambodia FTB 6.39 7.13 7.60 9.12 18 Hong Leong Bank HLB - - - (1.48) 19 ICBC Limited Phnom Penh Branch ICBC - - 1.25 4.54 20 Kookmin Bank Cambodia Plc. KBC 0.06 0.20 0.28 1.51 21 Krung Thai Bank KTB 1.29 0.61 0.92 1.82 22 Maybank (Cambodia) Plc. Maybank (2.01) 3.27 6.12 9.78 23 MB Bank Plc., Phnom Penh branch MB - (0.05) 0.03 0.08 24 Mega International Commercial Bank Co,.Ltd Mega - (0.57) 0.10 1.35 25 Maruhan Japan Bank Plc. MJB (3.49) (2.27) 0.74 4.78 26 Phillip Bank PHL (0.56) 0.04 (0.16) (0.38) 27 Cambodia Post Bank Plc. Post - - - (1.25) 28 Phnom Penh Commercial Bank PPCB 0.59 1.31 2.63 3.71 29 RHB Indochina Bank Ltd RHB (0.88) (0.67) 1.09 0.86 30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank 1.11 2.45 1.20 0.47 31 SHB Plc, Phnom Penh branch SHB - - 0.03 0.72 32 Shinhan Khmer Bank Plc. SKB 1.06 1.50 1.98 2.67 33 Taiwan Cooperative Bank TCB - - - (0.15) 34 Union Commercial Bank Plc. UCB 0.97 4.48 5.11 3.34 35 Vattanac Bank Ltd. VB 2.09 3.17 3.70 2.84
Total 78.01 139.19 190.12 227.52 %YoY 78.43% 36.59% 19.67%
78.01 139.19
190.12 227.52
0%10%20%30%40%50%60%70%80%
-
50.00
100.00
150.00
200.00
250.00
2010 2011 2012 2013
Net Profit (USD MM) and Growth
Net Profit %YoY
Cambodian Banking Sector
6 of 88
Total AssetsUSD MM
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA 155.77 201.49 264.97 322.73 2 ACLEDA ACLEDA 1,160.57 1,486.65 1,908.18 2,297.75 3 Agri Bank, Phnom Penh Branch Agri 42.35 67.79 56.33 59.91 4 ANZ Royal Bank ANZ 599.07 668.41 794.72 942.27 5 Bank for Investment and Development of Cambodia BIDC 257.95 444.08 504.69 496.52 6 Booyon Khmer Bank BKB 36.63 37.74 37.42 38.78 7 Bank of China Limited, Phnom Penh Branch BOC 22.02 206.38 462.92 425.67 8 Bank of India, Phnom Penh Branch BOI 13.71 16.56 20.72 21.73 9 Cambodia Asia Bank CAB 57.46 107.38 72.49 79.54
10 Cambodian Commercial Bank CCB 104.98 118.12 150.30 215.93 11 CIMB Bank Plc. CIMB 42.55 89.50 165.59 250.30 12 Cambodia Mekong Bank CMB 42.25 45.07 47.91 48.51 13 Canadia Bank Plc. CNB 1,040.13 1,264.54 1,545.53 1,790.32 14 Cambodian Public Bank Plc. CPB 1,002.79 1,004.43 1,184.74 1,251.41 15 Cathay United Bank (Cambodia) CUBC 55.64 62.82 78.17 90.86 16 First Commercial Bank, Phnom Penh Branch FCB 101.64 141.93 154.88 214.62 17 Foreign Trade Bank of Cambodia FTB 329.27 405.47 461.51 477.16 18 Hong Leong Bank HLB - - - 59.13 19 ICBC Limited Phnom Penh Branch ICBC - - 711.66 664.17 20 Kookmin Bank Cambodia Plc. KBC 35.00 46.01 65.15 89.24 21 Krung Thai Bank KTB 52.13 56.46 68.42 166.50 22 Maybank (Cambodia) Plc. Maybank 233.73 313.41 413.74 461.58 23 MB Bank Plc., Phnom Penh branch MB - 39.14 41.51 63.93 24 Mega International Commercial Bank Co,.Ltd Mega - 54.45 81.11 106.63 25 Maruhan Japan Bank Plc. MJB 87.25 122.79 203.70 187.67 26 Phillip Bank PHL 49.62 49.17 62.67 70.23 27 Cambodia Post Bank Plc. Post - - - 46.23 28 Phnom Penh Commercial Bank PPCB 58.35 102.05 123.25 208.94 29 RHB Indochina Bank Ltd RHB 71.81 110.33 159.34 242.13 30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank 104.94 86.73 87.52 113.57 31 SHB Plc, Phnom Penh branch SHB - - 54.52 142.96 32 Shinhan Khmer Bank Plc. SKB 45.70 48.88 91.83 145.87 33 Taiwan Cooperative Bank TCB - - - 75.49 34 Union Commercial Bank Plc. UCB 201.45 250.88 330.95 318.92 35 Vattanac Bank Ltd. VB 203.80 188.24 230.18 257.60
Total 6,208.58 7,836.87 10,636.60 12,444.77 %YoY 26.23% 35.73% 17.00%
6.21 7.84
10.64 12.44
-
2.00
4.00
6.00
8.00
10.00
12.00
2010 2011 2012 2013
Total Assets (USD BN) and Growth
Total Assets %YoY
Cambodian Banking Sector
7 of 88
Net LoansUSD MM
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA 73.02 91.46 138.99 176.65 2 ACLEDA ACLEDA 730.78 989.38 1,231.21 1,439.49 3 Agri Bank, Phnom Penh Branch Agri 13.68 19.06 31.52 31.36 4 ANZ Royal Bank ANZ 277.82 312.45 341.74 404.30 5 Bank for Investment and Development of Cambodia BIDC 148.05 281.31 351.88 367.63 6 Booyon Khmer Bank BKB 0.11 - - 2.97 7 Bank of China Limited, Phnom Penh Branch BOC - 6.03 95.84 232.12 8 Bank of India, Phnom Penh Branch BOI 5.18 13.84 15.38 18.21 9 Cambodia Asia Bank CAB 23.72 33.06 37.91 38.46
10 Cambodian Commercial Bank CCB 34.62 30.77 29.80 49.44 11 CIMB Bank Plc. CIMB - 41.94 83.74 133.53 12 Cambodia Mekong Bank CMB 16.78 19.57 26.62 21.97 13 Canadia Bank Plc. CNB 496.48 721.51 845.42 1,044.99 14 Cambodian Public Bank Plc. CPB 561.53 594.92 659.92 723.25 15 Cathay United Bank (Cambodia) CUBC 26.30 33.83 31.20 41.10 16 First Commercial Bank, Phnom Penh Branch FCB 74.12 92.10 103.00 155.11 17 Foreign Trade Bank of Cambodia FTB 136.14 165.42 209.86 273.19 18 Hong Leong Bank HLB - - - 10.06 19 ICBC Limited Phnom Penh Branch ICBC - - 330.38 419.61 20 Kookmin Bank Cambodia Plc. KBC 16.03 23.97 36.93 56.02 21 Krung Thai Bank KTB 24.82 27.29 39.17 42.96 22 Maybank (Cambodia) Plc. Maybank 86.05 161.11 227.89 261.43 23 MB Bank Plc., Phnom Penh branch MB - - 20.28 47.54 24 Mega International Commercial Bank Co,.Ltd Mega - 0.31 25.92 75.63 25 Maruhan Japan Bank Plc. MJB 11.35 46.05 86.60 81.83 26 Phillip Bank PHL 6.44 18.30 31.27 35.92 27 Cambodia Post Bank Plc. Post - - - 20.68 28 Phnom Penh Commercial Bank PPCB 24.50 42.86 68.46 120.70 29 RHB Indochina Bank Ltd RHB 27.53 56.97 88.95 139.72 30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank 68.40 59.14 61.92 81.33 31 SHB Plc, Phnom Penh branch SHB - - 38.38 124.72 32 Shinhan Khmer Bank Plc. SKB 30.62 37.40 55.66 82.37 33 Taiwan Cooperative Bank TCB - - - 7.27 34 Union Commercial Bank Plc. UCB 87.97 143.61 176.07 198.72 35 Vattanac Bank Ltd. VB 53.06 83.89 101.87 116.48
Total 3,055 4,148 5,624 7,077 %YoY 35.76% 35.59% 25.84%
3,055 4,148
5,624 7,077
0%
10%
20%
30%
40%
-
2,000
4,000
6,000
8,000
2010 2011 2012 2013
Net Loans (USD MM) and Growth
Net Loans %YoY
Cambodian Banking Sector
8 of 88
DepositsUSD MM
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA 122.40 165.61 224.23 276.94 2 ACLEDA ACLEDA 911.15 1,147.21 1,460.87 1,643.08 3 Agri Bank, Phnom Penh Branch Agri 3.67 25.18 16.93 20.34 4 ANZ Royal Bank ANZ 507.72 575.35 690.89 819.85 5 Bank for Investment and Development of Cambodia BIDC 184.38 364.57 415.96 409.42 6 Booyon Khmer Bank BKB 0.16 0.86 0.23 1.09 7 Bank of China Limited, Phnom Penh Branch BOC 7.32 152.21 332.00 346.79 8 Bank of India, Phnom Penh Branch BOI 1.02 2.83 4.87 5.77 9 Cambodia Asia Bank CAB 18.95 68.08 32.13 39.52
10 Cambodian Commercial Bank CCB 71.91 84.41 114.54 180.26 11 CIMB Bank Plc. CIMB 3.03 52.67 121.81 202.05 12 Cambodia Mekong Bank CMB 15.74 18.49 20.09 18.15 13 Canadia Bank Plc. CNB 871.28 1,059.30 1,282.82 1,436.76 14 Cambodian Public Bank Plc. CPB 798.03 773.81 914.29 962.31 15 Cathay United Bank (Cambodia) CUBC 41.12 47.72 62.54 70.70 16 First Commercial Bank, Phnom Penh Branch FCB 40.73 75.33 105.07 123.16 17 Foreign Trade Bank of Cambodia FTB 276.93 344.34 392.09 396.57 18 Hong Leong Bank HLB - - - 22.30 19 ICBC Limited Phnom Penh Branch ICBC - - 99.52 119.69 20 Kookmin Bank Cambodia Plc. KBC 20.03 30.74 39.62 40.39 21 Krung Thai Bank KTB 12.49 15.85 25.27 27.12 22 Maybank (Cambodia) Plc. Maybank 194.22 231.39 305.23 328.66 23 MB Bank Plc., Phnom Penh branch MB - 0.04 2.50 16.66 24 Mega International Commercial Bank Co,.Ltd Mega - 4.94 31.34 39.52 25 Maruhan Japan Bank Plc. MJB 48.28 56.03 104.60 84.20 26 Phillip Bank PHL 13.24 10.35 23.78 31.67 27 Cambodia Post Bank Plc. Post - - - 8.94 28 Phnom Penh Commercial Bank PPCB 42.15 60.33 78.26 158.87 29 RHB Indochina Bank Ltd RHB 32.53 71.75 106.29 188.32 30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank 65.78 44.46 45.01 70.56 31 SHB Plc, Phnom Penh branch SHB - - 16.93 31.19 32 Shinhan Khmer Bank Plc. SKB 23.08 24.76 29.57 71.07 33 Taiwan Cooperative Bank TCB - - - 25.51 34 Union Commercial Bank Plc. UCB 155.99 202.03 272.53 250.84 35 Vattanac Bank Ltd. VB 160.32 142.88 180.76 210.53
Total 4,644 5,854 7,553 8,679 %YoY 26.05% 29.03% 14.91%
4,644 5,854
7,553 8,679
0%
5%
10%
15%
20%
25%
30%
35%
- 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000
2010 2011 2012 2013
Deposits (USD MM) and Growth
Deposits %YoY
Cambodian Banking Sector
9 of 88
DebtUSD MM
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA - - - - 2 ACLEDA ACLEDA 1,160.57 1,486.65 1,908.18 2,297.75 3 Agri Bank, Phnom Penh Branch Agri - - - - 4 ANZ Royal Bank ANZ 6.31 2.36 - - 5 Bank for Investment and Development of Cambodia BIDC - - - - 6 Booyon Khmer Bank BKB - - - - 7 Bank of China Limited, Phnom Penh Branch BOC - 10.00 89.90 - 8 Bank of India, Phnom Penh Branch BOI - 1.00 3.00 - 9 Cambodia Asia Bank CAB - - - -
10 Cambodian Commercial Bank CCB - - - - 11 CIMB Bank Plc. CIMB - - - - 12 Cambodia Mekong Bank CMB - - - - 13 Canadia Bank Plc. CNB 12.52 19.27 17.91 64.04 14 Cambodian Public Bank Plc. CPB 29.61 - - - 15 Cathay United Bank (Cambodia) CUBC - - - - 16 First Commercial Bank, Phnom Penh Branch FCB 31.00 31.50 10.00 45.00 17 Foreign Trade Bank of Cambodia FTB - - - - 18 Hong Leong Bank HLB - - - - 19 ICBC Limited Phnom Penh Branch ICBC - - 560.50 486.64 20 Kookmin Bank Cambodia Plc. KBC - - 10.00 - 21 Krung Thai Bank KTB 8.65 13.65 - - 22 Maybank (Cambodia) Plc. Maybank - - 47.46 58.96 23 MB Bank Plc., Phnom Penh branch MB - 0.15 0.01 - 24 Mega International Commercial Bank Co,.Ltd Mega - - - - 25 Maruhan Japan Bank Plc. MJB - - 30.00 30.00 26 Phillip Bank PHL - - - - 27 Cambodia Post Bank Plc. Post - - - - 28 Phnom Penh Commercial Bank PPCB - - - - 29 RHB Indochina Bank Ltd RHB - - - - 30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank - - - - 31 SHB Plc, Phnom Penh branch SHB - - - - 32 Shinhan Khmer Bank Plc. SKB - - 35.00 - 33 Taiwan Cooperative Bank TCB - - - - 34 Union Commercial Bank Plc. UCB - - - - 35 Vattanac Bank Ltd. VB - - - -
Total 1,248.66 1,564.59 2,711.96 2,982.39 %YoY 25.30% 73.33% 9.97%
1.25 1.56
2.71 2.98
0%
10%
20%
30%
40%
50%
60%
70%
80%
-
0.50
1.00
1.50
2.00
2.50
3.00
3.50
2010 2011 2012 2013
Debt (USD BN) and Growth
Debt %YoY
Cambodian Banking Sector
10 of 88
EquityUSD MM
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA 32.07 34.10 37.48 41.53 2 ACLEDA ACLEDA 129.42 178.77 252.42 370.18 3 Agri Bank, Phnom Penh Branch Agri 38.51 39.54 39.26 39.44 4 ANZ Royal Bank ANZ 70.95 82.87 93.12 111.18 5 Bank for Investment and Development of Cambodia BIDC 72.05 74.94 82.38 82.12 6 Booyon Khmer Bank BKB 36.43 36.78 37.10 37.57 7 Bank of China Limited, Phnom Penh Branch BOC 14.70 38.62 39.95 44.28 8 Bank of India, Phnom Penh Branch BOI 12.67 12.71 12.79 12.86 9 Cambodia Asia Bank CAB 38.15 38.37 38.96 39.65
10 Cambodian Commercial Bank CCB 31.12 32.32 32.95 32.91 11 CIMB Bank Plc. CIMB 36.55 33.28 31.21 38.47 12 Cambodia Mekong Bank CMB 26.13 26.30 26.88 30.16 13 Canadia Bank Plc. CNB 130.74 153.97 201.42 243.46 14 Cambodian Public Bank Plc. CPB 190.40 214.10 242.07 271.52 15 Cathay United Bank (Cambodia) CUBC 13.63 14.04 14.43 12.39 16 First Commercial Bank, Phnom Penh Branch FCB 28.86 33.47 38.39 44.56 17 Foreign Trade Bank of Cambodia FTB 47.66 54.79 62.39 71.51 18 Hong Leong Bank HLB - - - 59.13 19 ICBC Limited Phnom Penh Branch ICBC - - 50.82 55.36 20 Kookmin Bank Cambodia Plc. KBC 14.83 15.03 15.30 16.79 21 Krung Thai Bank KTB 23.85 24.46 25.36 27.18 22 Maybank (Cambodia) Plc. Maybank 34.49 37.76 56.12 65.90 23 MB Bank Plc., Phnom Penh branch MB - 38.95 38.98 39.06 24 Mega International Commercial Bank Co,.Ltd Mega - 49.43 49.52 50.88 25 Maruhan Japan Bank Plc. MJB 38.10 65.83 66.57 71.36 26 Phillip Bank PHL 36.16 38.70 38.55 38.17 27 Cambodia Post Bank Plc. Post - - - 36.75 28 Phnom Penh Commercial Bank PPCB 15.44 40.75 43.38 47.09 29 RHB Indochina Bank Ltd RHB 38.14 37.47 50.56 51.42 30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank 38.80 41.25 41.66 42.05 31 SHB Plc, Phnom Penh branch SHB - - 37.53 38.22 32 Shinhan Khmer Bank Plc. SKB 22.14 23.64 25.62 28.29 33 Taiwan Cooperative Bank TCB - - - 49.85 34 Union Commercial Bank Plc. UCB 38.70 43.19 47.13 50.50 35 Vattanac Bank Ltd. VB 40.13 43.30 47.00 44.85
Total 1,290.83 1,598.72 1,917.31 2,336.62 %YoY 23.85% 19.93% 21.87%
1.29 1.60
1.92 2.34
0%
5%
10%
15%
20%
25%
30%
-
0.50
1.00
1.50
2.00
2.50
2010 2011 2012 2013
Equity (USD BN) and Growth
Equity %YoY
Cambodian Banking Sector
11 of 88
Non-Performing Loans**USD MM
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA 0.32 0.24 0.57 0.94 2 ACLEDA ACLEDA 2.38 1.33 2.47 4.35 3 Agri Bank, Phnom Penh Branch Agri - - 0.43 0.44 4 ANZ Royal Bank ANZ 12.38 11.09 14.69 13.07 5 Bank for Investment and Development of Cambodia BIDC - - 1.61 4.31 6 Booyon Khmer Bank BKB 0.22 - - - 7 Bank of China Limited, Phnom Penh Branch BOC - - - - 8 Bank of India, Phnom Penh Branch BOI - - - - 9 Cambodia Asia Bank CAB 0.40 1.52 3.48 3.50
10 Cambodian Commercial Bank CCB - - - - 11 CIMB Bank Plc. CIMB - - - - 12 Cambodia Mekong Bank CMB 2.91 0.66 0.10 0.13 13 Canadia Bank Plc. CNB 18.44 16.49 20.93 30.23 14 Cambodian Public Bank Plc. CPB 8.47 8.77 13.17 10.83 15 Cathay United Bank (Cambodia) CUBC 0.04 0.04 0.01 0.88 16 First Commercial Bank, Phnom Penh Branch FCB - 0.99 2.42 3.25 17 Foreign Trade Bank of Cambodia FTB 4.20 1.76 2.94 2.18 18 Hong Leong Bank HLB - - - - 19 ICBC Limited Phnom Penh Branch ICBC - - - - 20 Kookmin Bank Cambodia Plc. KBC - - - 6.61 21 Krung Thai Bank KTB - - 0.12 0.12 22 Maybank (Cambodia) Plc. Maybank 3.45 3.77 8.39 5.61 23 MB Bank Plc., Phnom Penh branch MB - - - 1.22 24 Mega International Commercial Bank Co,.Ltd Mega - - - - 25 Maruhan Japan Bank Plc. MJB 2.52 2.52 2.52 0.18 26 Phillip Bank PHL - 0.25 0.72 1.80 27 Cambodia Post Bank Plc. Post - - - - 28 Phnom Penh Commercial Bank PPCB - - - 0.04 29 RHB Indochina Bank Ltd RHB - 0.17 - 3.87 30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank - - 0.60 1.52 31 SHB Plc, Phnom Penh branch SHB - - - - 32 Shinhan Khmer Bank Plc. SKB - - - - 33 Taiwan Cooperative Bank TCB - - - - 34 Union Commercial Bank Plc. UCB 0.13 0.64 2.70 3.76 35 Vattanac Bank Ltd. VB 0.95 - - -
Total 56.81 50.25 77.87 98.85 %YoY -11.55% 54.97% 26.95%
**NPLs = Doubtful loans+ Loss loans
56.81 50.25 77.87
98.85
-20%
0%
20%
40%
60%
-
20.00
40.00
60.00
80.00
100.00
120.00
2010 2011 2012 2013
Non-Performing Loans (USD MM) and Growth
Non-Performing Loans** %YoY
Cambodian Banking Sector
12 of 88
Non-Performing Loan Ratio%
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA 0.44% 0.26% 0.41% 0.53%2 ACLEDA ACLEDA 0.33% 0.13% 0.20% 0.30%3 Agri Bank, Phnom Penh Branch Agri 0.00% 0.00% 1.37% 1.41%4 ANZ Royal Bank ANZ 4.46% 3.55% 4.30% 3.23%5 Bank for Investment and Development of Cambodia BIDC 0.00% 0.00% 0.46% 1.17%6 Booyon Khmer Bank BKB 203.62% #N/A #N/A 0.00%7 Bank of China Limited, Phnom Penh Branch BOC #N/A 0.00% 0.00% 0.00%8 Bank of India, Phnom Penh Branch BOI 0.00% 0.00% 0.00% 0.00%9 Cambodia Asia Bank CAB 1.71% 4.61% 9.17% 9.11%
10 Cambodian Commercial Bank CCB 0.00% 0.00% 0.00% 0.00%11 CIMB Bank Plc. CIMB #N/A 0.00% 0.00% 0.00%12 Cambodia Mekong Bank CMB 17.32% 3.39% 0.36% 0.58%13 Canadia Bank Plc. CNB 3.71% 2.28% 2.48% 2.89%14 Cambodian Public Bank Plc. CPB 1.51% 1.47% 2.00% 1.50%15 Cathay United Bank (Cambodia) CUBC 0.14% 0.12% 0.02% 2.13%16 First Commercial Bank, Phnom Penh Branch FCB 0.00% 1.08% 2.35% 2.10%17 Foreign Trade Bank of Cambodia FTB 3.09% 1.06% 1.40% 0.80%18 Hong Leong Bank HLB #N/A #N/A #N/A 0.00%19 ICBC Limited Phnom Penh Branch ICBC #N/A #N/A 0.00% 0.00%20 Kookmin Bank Cambodia Plc. KBC 0.00% 0.00% 0.00% 11.81%21 Krung Thai Bank KTB 0.00% 0.00% 0.31% 0.27%22 Maybank (Cambodia) Plc. Maybank 4.01% 2.34% 3.68% 2.14%23 MB Bank Plc., Phnom Penh branch MB #N/A #N/A 0.00% 2.57%24 Mega International Commercial Bank Co,.Ltd Mega #N/A 0.00% 0.00% 0.00%25 Maruhan Japan Bank Plc. MJB 22.23% 5.48% 2.91% 0.23%26 Phillip Bank PHL 0.00% 1.38% 2.31% 5.01%27 Cambodia Post Bank Plc. Post #N/A #N/A #N/A 0.00%28 Phnom Penh Commercial Bank PPCB 0.00% 0.00% 0.00% 0.04%29 RHB Indochina Bank Ltd RHB 0.00% 0.30% 0.00% 2.77%30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank 0.00% 0.00% 0.97% 1.87%31 SHB Plc, Phnom Penh branch SHB #N/A #N/A 0.00% 0.00%32 Shinhan Khmer Bank Plc. SKB 0.00% 0.00% 0.00% 0.00%33 Taiwan Cooperative Bank TCB #N/A #N/A #N/A 0.00%34 Union Commercial Bank Plc. UCB 0.14% 0.45% 1.53% 1.89%35 Vattanac Bank Ltd. VB 1.80% 0.00% 0.00% 0.00%
Banking Industry 1.86% 1.21% 1.38% 1.40%
1.86%
1.21% 1.38% 1.40%
0.00%
0.50%
1.00%
1.50%
2.00%
2010 2011 2012 2013
NPL Ratio
Banking Industry
Cambodian Banking Sector
13 of 88
Loan to Deposit Ratio%
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA 59.66% 55.22% 61.98% 63.79%2 ACLEDA ACLEDA 80.20% 86.24% 84.28% 87.61%3 Agri Bank, Phnom Penh Branch Agri 372.74% 75.69% 186.20% 154.20%4 ANZ Royal Bank ANZ 54.72% 54.31% 49.46% 49.31%5 Bank for Investment and Development of Cambodia BIDC 80.30% 77.16% 84.59% 89.79%6 Booyon Khmer Bank BKB 69.50% 0.00% 0.00% 273.00%7 Bank of China Limited, Phnom Penh Branch BOC 0.00% 3.96% 28.87% 66.93%8 Bank of India, Phnom Penh Branch BOI 507.72% 489.01% 315.64% 315.84%9 Cambodia Asia Bank CAB 125.21% 48.55% 118.02% 97.32%
10 Cambdian Commercial Bank CCB 48.15% 36.45% 26.02% 27.43%11 CIMB Bank Plc. CIMB 0.00% 79.64% 68.74% 66.09%12 Cambodia Mekong Bank CMB 106.67% 105.87% 132.55% 121.07%13 Canadia Bank Plc. CNB 56.98% 68.11% 65.90% 72.73%14 Cambodian Public Bank Plc. CPB 70.37% 76.88% 72.18% 75.16%15 Cathay United Bank (Cambodia) CUBC 63.96% 70.89% 49.88% 58.13%16 First Commercial Bank, Phnom Penh Branch FCB 181.99% 122.26% 98.03% 125.94%17 Foreign Trade Bank of Cambodia FTB 49.16% 48.04% 53.52% 68.89%18 Hong Leong Bank HLB #N/A #N/A #N/A 45.12%19 ICBC Limited Phnom Penh Branch ICBC #N/A #N/A 331.98% 350.58%20 Kookmin Bank Cambodia Plc. KBC 80.02% 77.97% 93.20% 138.70%21 Krung Thai Bank KTB 198.72% 172.11% 155.02% 158.41%22 Maybank (Cambodia) Plc. Maybank 44.31% 69.63% 74.66% 79.54%23 MB Bank Plc., Phnom Penh branch MB #N/A 0.00% 812.90% 285.43%24 Mega International Commercial Bank Co,.Ltd Mega #N/A 6.19% 82.70% 191.39%25 Maruhan Japan Bank Plc. MJB 23.50% 82.19% 82.79% 97.18%26 Phillip Bank PHL 48.63% 176.86% 131.53% 113.43%27 Cambodia Post Bank Plc. Post #N/A #N/A #N/A 231.26%28 Phnom Penh Commercial Bank PPCB 58.12% 71.05% 87.48% 75.97%29 RHB Indochina Bank Ltd RHB 84.63% 79.40% 83.69% 74.19%30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank 103.99% 133.01% 137.58% 115.25%31 SHB Plc, Phnom Penh branch SHB #N/A #N/A 226.69% 399.82%32 Shinhan Khmer Bank Plc. SKB 132.68% 151.08% 188.24% 115.91%33 Taiwan Cooperative Bank TCB #N/A #N/A #N/A 28.50%34 Union Commercial Bank Plc. UCB 56.39% 71.08% 64.61% 79.22%35 Vattanac Bank Ltd. VB 33.10% 58.72% 56.36% 55.32%
Banking Industry 65.79% 70.86% 74.46% 81.54%
65.79% 70.86% 74.46%
81.54%
0.00%10.00%20.00%30.00%40.00%50.00%60.00%70.00%80.00%90.00%
2010 2011 2012 2013
Loan-to-deposit Ratio
Banking Industry
Cambodian Banking Sector
14 of 88
Net Profit Margin%
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA 0.69% 23.08% 28.32% 25.50%2 ACLEDA ACLEDA 24.49% 34.61% 36.63% 38.73%3 Agri Bank, Phnom Penh Branch Agri -118.19% 49.05% 14.30% 12.90%4 ANZ Royal Bank ANZ 24.00% 31.27% 29.95% 39.35%5 Bank for Investment and Development of Cambodia BIDC 23.58% 35.37% 37.68% 18.21%6 Booyon Khmer Bank BKB 29.20% 37.17% 36.40% 45.14%7 Bank of China Limited, Phnom Penh Branch BOC -41893.65% -88.40% 21.89% 36.86%8 Bank of India, Phnom Penh Branch BOI -71.82% 6.96% 14.14% 10.74%9 Cambodia Asia Bank CAB 4.61% 5.25% 9.76% 12.26%
10 Cambodian Commercial Bank CCB 36.59% 33.93% 19.14% 49.42%11 CIMB Bank Plc. CIMB -7202.58% -257.39% -45.48% -9.38%12 Cambodia Mekong Bank CMB 89.69% 7.83% 20.22% -32.50%13 Canadia Bank Plc. CNB 41.83% 44.99% 50.89% 46.77%14 Cambodian Public Bank Plc. CPB 26.10% 44.32% 52.36% 49.08%15 Cathay United Bank (Cambodia) CUBC 6.67% 11.11% 9.73% -45.34%16 First Commercial Bank, Phnom Penh Branch FCB 53.09% 53.77% 52.43% 52.86%17 Foreign Trade Bank of Cambodia FTB 60.30% 59.69% 47.48% 43.33%18 Hong Leong Bank HLB #N/A #N/A #N/A -405.46%19 ICBC Limited Phnom Penh Branch ICBC #N/A #N/A 20.06% 40.49%20 Kookmin Bank Cambodia Plc. KBC 3.08% 7.58% 7.58% 30.44%21 Krung Thai Bank KTB 62.45% 49.36% 45.63% 63.12%22 Maybank (Cambodia) Plc. Maybank -25.14% 25.47% 45.83% 45.36%23 MB Bank Plc., Phnom Penh branch MB #N/A #N/A 2.17% 3.19%24 Mega International Commercial Bank Co,.Ltd Mega #N/A -746.22% 4.94% 32.39%25 Maruhan Japan Bank Plc. MJB -342.84% -108.12% 13.85% 58.29%26 Phillip Bank PHL -75.07% 2.05% -6.17% -10.81%27 Cambodia Post Bank Plc. Post #N/A #N/A #N/A -115.70%28 Phnom Penh Commercial Bank PPCB 23.39% 31.45% 37.01% 36.71%29 RHB Indochina Bank Ltd RHB -37.05% -18.50% 20.16% 10.69%30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank 35.57% 46.64% 24.50% 9.21%31 SHB Plc, Phnom Penh branch SHB #N/A #N/A 1.52% 11.36%32 Shinhan Khmer Bank Plc. SKB 34.81% 41.86% 44.57% 45.92%33 Taiwan Cooperative Bank TCB #N/A #N/A #N/A -17.99%34 Union Commercial Bank Plc. UCB 12.21% 39.28% 37.86% 22.14%35 Vattanac Bank Ltd. VB 46.50% 43.83% 40.32% 31.83%
Banking Industry 24.96% 34.45% 37.38% 36.61%
24.96%
34.45% 37.38% 36.61%
0.00%5.00%
10.00%15.00%20.00%25.00%30.00%35.00%40.00%
2010 2011 2012 2013
Net Profit Margin
Banking Industry
Cambodian Banking Sector
15 of 88
Return on Asset%
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA 0.02% 1.00% 1.28% 1.25%2 ACLEDA ACLEDA 2.28% 3.32% 3.34% 3.38%3 Agri Bank, Phnom Penh Branch Agri -1.15% 1.51% 0.46% 0.30%4 ANZ Royal Bank ANZ 1.35% 1.78% 1.54% 1.92%5 Bank for Investment and Development of Cambodia BIDC 0.77% 1.08% 1.51% 0.82%6 Booyon Khmer Bank BKB 0.70% 0.90% 0.87% 1.20%7 Bank of China Limited, Phnom Penh Branch BOC -1.38% -0.52% 0.29% 1.02%8 Bank of India, Phnom Penh Branch BOI -1.16% 0.19% 0.42% 0.29%9 Cambodia Asia Bank CAB 0.26% 0.21% 0.82% 0.87%
10 Cambodian Commercial Bank CCB 1.24% 0.94% 0.42% 1.05%11 CIMB Bank Plc. CIMB -1.06% -3.66% -1.25% -0.29%12 Cambodia Mekong Bank CMB 4.42% 0.37% 1.23% -1.50%13 Canadia Bank Plc. CNB 1.46% 1.84% 2.30% 2.19%14 Cambodian Public Bank Plc. CPB 1.38% 2.36% 2.36% 2.35%15 Cathay United Bank (Cambodia) CUBC 0.37% 0.66% 0.50% -2.23%16 First Commercial Bank, Phnom Penh Branch FCB 3.50% 3.25% 3.17% 2.88%17 Foreign Trade Bank of Cambodia FTB 1.94% 1.76% 1.65% 1.91%18 Hong Leong Bank HLB #N/A #N/A #N/A -2.50%19 ICBC Limited Phnom Penh Branch ICBC #N/A #N/A 0.18% 0.68%20 Kookmin Bank Cambodia Plc. KBC 0.16% 0.43% 0.42% 1.69%21 Krung Thai Bank KTB 2.47% 1.08% 1.35% 1.09%22 Maybank (Cambodia) Plc. Maybank -0.86% 1.04% 1.48% 2.12%23 MB Bank Plc., Phnom Penh branch MB #N/A -0.12% 0.06% 0.12%24 Mega International Commercial Bank Co,.Ltd Mega #N/A -1.05% 0.12% 1.27%25 Maruhan Japan Bank Plc. MJB -4.00% -1.85% 0.36% 2.55%26 Phillip Bank PHL -1.14% 0.08% -0.25% -0.54%27 Cambodia Post Bank Plc. Post #N/A #N/A #N/A -2.70%28 Phnom Penh Commercial Bank PPCB 1.02% 1.29% 2.14% 1.78%29 RHB Indochina Bank Ltd RHB -1.23% -0.61% 0.69% 0.36%30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank 1.06% 2.82% 1.38% 0.42%31 SHB Plc, Phnom Penh branch SHB #N/A #N/A 0.05% 0.50%32 Shinhan Khmer Bank Plc. SKB 2.31% 3.06% 2.16% 1.83%33 Taiwan Cooperative Bank TCB #N/A #N/A #N/A -0.20%34 Union Commercial Bank Plc. UCB 0.48% 1.79% 1.54% 1.05%35 Vattanac Bank Ltd. VB 1.03% 1.68% 1.61% 1.10%
Banking Industry 1.26% 1.78% 1.79% 1.83%
1.26%
1.78% 1.79% 1.83%
0.00%
0.50%
1.00%
1.50%
2.00%
2010 2011 2012 2013
ROA
Banking Industry
Cambodian Banking Sector
16 of 88
Return on Equity%
No. Banks Abbr. 2010 2011 2012 20131 Advanced Bank of Asia ABA 0.12% 5.93% 9.04% 9.75%2 ACLEDA ACLEDA 20.43% 27.61% 25.22% 21.01%3 Agri Bank, Phnom Penh Branch Agri -1.26% 2.59% 0.66% 0.46%4 ANZ Royal Bank ANZ 11.36% 14.38% 13.16% 16.24%5 Bank for Investment and Development of Cambodia BIDC 2.76% 6.40% 9.27% 4.93%6 Booyon Khmer Bank BKB 0.70% 0.93% 0.87% 1.24%7 Bank of China Limited, Phnom Penh Branch BOC -2.06% -2.78% 3.32% 9.78%8 Bank of India, Phnom Penh Branch BOI -1.25% 0.25% 0.68% 0.49%9 Cambodia Asia Bank CAB 0.39% 0.58% 1.53% 1.74%
10 Cambodian Commercial Bank CCB 4.17% 3.44% 1.91% 6.87%11 CIMB Bank Plc. CIMB -1.24% -9.83% -6.62% -1.92%12 Cambodia Mekong Bank CMB 7.15% 0.64% 2.18% -2.41%13 Canadia Bank Plc. CNB 11.58% 15.09% 17.65% 16.07%14 Cambodian Public Bank Plc. CPB 7.25% 11.07% 11.56% 10.84%15 Cathay United Bank (Cambodia) CUBC 1.49% 2.95% 2.70% -16.38%16 First Commercial Bank, Phnom Penh Branch FCB 12.32% 13.78% 12.81% 13.85%17 Foreign Trade Bank of Cambodia FTB 13.41% 13.01% 12.18% 12.75%18 Hong Leong Bank HLB #N/A #N/A #N/A -2.50%19 ICBC Limited Phnom Penh Branch ICBC #N/A #N/A 2.45% 8.21%20 Kookmin Bank Cambodia Plc. KBC 0.38% 1.33% 1.80% 8.99%21 Krung Thai Bank KTB 5.39% 2.49% 3.65% 6.71%22 Maybank (Cambodia) Plc. Maybank -5.81% 8.66% 10.90% 14.84%23 MB Bank Plc., Phnom Penh branch MB #N/A -0.13% 0.07% 0.20%24 Mega International Commercial Bank Co,.Ltd Mega #N/A -1.16% 0.19% 2.66%25 Maruhan Japan Bank Plc. MJB -9.17% -3.44% 1.11% 6.70%26 Phillip Bank PHL -1.56% 0.10% -0.40% -0.99%27 Cambodia Post Bank Plc. Post #N/A #N/A #N/A -3.40%28 Phnom Penh Commercial Bank PPCB 3.85% 3.22% 6.07% 7.88%29 RHB Indochina Bank Ltd RHB -2.31% -1.79% 2.16% 1.68%30 Saigon Thuong Tin Bank (Cambodia) Plc Sacombank 2.87% 5.94% 2.89% 1.13%31 SHB Plc, Phnom Penh branch SHB #N/A #N/A 0.08% 1.89%32 Shinhan Khmer Bank Plc. SKB 4.77% 6.33% 7.73% 9.42%33 Taiwan Cooperative Bank TCB #N/A #N/A #N/A -0.30%34 Union Commercial Bank Plc. UCB 2.50% 10.37% 10.84% 6.61%35 Vattanac Bank Ltd. VB 5.21% 7.31% 7.88% 6.34%
Banking Industry 6.04% 8.71% 9.92% 9.74%
6.04%
8.71% 9.92% 9.74%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
2010 2011 2012 2013
ROE
Banking Industry
Cambodian Banking Sector
17 of 88
ABA Bank ABA
-
50.00
100.00
150.00
200.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
5.00
10.00
15.00
20.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
1.00
2.00
3.00
4.00
5.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
50.00
100.00
150.00
200.00
250.00
300.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry(ROE)
2.0%
2.2%
2.4%
2.6%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
1.0%
2.0%
3.0%
4.0%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Bank's total assets was USD 323 MM in 2013, ranking it number 10. Loans was USD 177 MM, representing 2.5% of industry loans and deposits was USD 277 MM, representing 3.2% of industry deposits. Ranked number 11 in loans, Loan-to-depsit ratio was 63.8% in 2013. NPLs in 2013 was 0.5%, slightly increasing from 0.4% in 2012. Net profit was USD 4 MM, with 1.3% ROA and 9.8% ROE in 2013.
Cambodian Banking Sector
18 of 88
ABA FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 3.27 6.38 8.54 11.33 Net fee and commission income NFCI 1.54 2.10 2.90 3.90 Other operating income OPI 0.81 0.29 0.52 0.65
Total operating income 5.63 8.77 11.97 15.88 % YoY 55.9% 36.5% 32.7%
General and administrative expenses (4.33) (5.26) (6.60) (8.62) Depreciation and Amortization (0.94) (0.59) (0.67) (0.76) Provision for bad/doubtful loans (0.22) (0.73) (0.66) (1.35)
Net profit before tax 0.13 2.19 4.03 5.16 Income tax (0.09) (0.16) (0.64) (1.11)
Net profit(loss) NP 0.04 2.02 3.39 4.05 % YoY 5147.1% 67.4% 19.5%
Balance Sheet 2010 2011 2012 2013Loans 73.02 91.46 138.99 176.65
% YoY 25.2% 52.0% 27.1%Deposits 122.40 165.61 224.23 276.94
% YoY 35.3% 35.4% 23.5%Assets 155.77 201.49 264.97 322.73 Liabilities 123.70 167.39 227.49 281.19 Debts - - - Equity 32.07 34.10 37.48 41.53 Non-Performing Loans 0.32 0.24 0.57 0.94
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.4% 0.3% 0.4% 0.5%Cost-to-Income 93.7% 66.7% 60.8% 59.0%Loan-to-Deposit L/D 59.7% 55.2% 62.0% 63.8%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin 0.69% 23.08% 28.32% 25.50%ROA 0.02% 1.00% 1.28% 1.25%ROE 0.12% 5.93% 9.04% 9.75%Loan Market Share 2.39% 2.21% 2.47% 2.50%Deposit Market Share 2.64% 2.83% 2.97% 3.19%
Cambodian Banking Sector
19 of 88
ACLEDA Bank ACLEDA
-
500.00
1,000.00
1,500.00
2,000.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
50.00
100.00
150.00
200.00
250.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
20.00
40.00
60.00
80.00
100.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
500.00
1,000.00
1,500.00
2,000.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 2,298 MM in 2013, rankig it number 1. Loan was USD 1,439 MM, representing 20.34% of industry loans and deposit was USD 1,643 MM, representing 18.98% of industry deposits. Ranked number 1 in loans, loan-to-deposit ratio was 87.6% in 2013. NPLs in 2013 was 0.3%, slighltly increasing from 0.2% in 2012. Net profit was USD 77.8 MM, with 3.38% ROA and 21.01% ROE in 2013.
0%
10%
20%
30%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
18%19%20%21%22%23%24%25%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
15%
16%
17%
18%
19%
20%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
20 of 88
ACLEDA FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 88.69 116.49 149.21 172.41 Net fee and commission income NFCI 18.57 24.87 23.54 24.39 Other operating income OPI 0.72 1.25 1.01 3.99
Total operating income 107.98 142.61 173.76 200.79 % YoY 32.1% 21.8% 15.6%
General and administrative expenses (70.83) (77.07) (83.44) (88.46) Depreciation and Amortization - - (6.29) (9.03) Provision for bad/doubtful loans (3.73) (3.71) (4.76) (5.57)
Net profit before tax 33.41 61.83 79.27 97.73 Income tax (6.97) (12.47) (15.62) (19.97)
Net profit(loss) NP 26.45 49.35 63.65 77.76 % YoY 86.6% 29.0% 22.2%
Balance Sheet 2010 2011 2012 2013Loans 730.78 989.38 1,231.21 1,439.49
% YoY 35.4% 24.4% 16.9%Deposits 911.15 1,147.21 1,460.87 1,643.08
% YoY 25.9% 27.3% 12.5%Assets 1,160.57 1,486.65 1,908.18 2,297.75 Liabilities 1,031.15 1,307.88 1,655.75 1,927.56 Debts 29.61 29.14 47.55 101.95 Equity 129.42 178.77 252.42 370.18 Non-Performing Loans 2.38 1.33 2.47 4.35
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.3% 0.1% 0.2% 0.3%Cost-to-Income 65.6% 54.0% 51.6% 48.6%Loan-to-Deposit L/D 80.2% 86.2% 84.3% 87.6%Debt-to-Equity 22.9% 16.3% 18.8% 27.5%Net Profit Margin 24.49% 34.61% 36.63% 38.73%ROA 2.28% 3.32% 3.34% 3.38%ROE 20.43% 27.61% 25.22% 21.01%Loan Market Share 23.92% 23.85% 21.89% 20.34%Deposit Market Share 19.62% 19.60% 19.34% 18.93%
Cambodian Banking Sector
21 of 88
AgriBank Cambodia Branch Agri
Bank' s total assets was USD 60 MM in 2013, ranking it number 30. Loan was USD 31 MM, representing 0.44% of industry loans and deposit was USD 20 MM, representing 0.23% of industry deposits. Ranked number 29 in loans, loan-to-deposit ratio was 154.2% in 2013. NPLs in 2013 was 1.4%, the same rate in 2012. Net profit was USD 0.18 MM, with 0.30% ROA and 0.46% ROE in 2013.
-
10.00
20.00
30.00
40.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
(0.50)
-
0.50
1.00
1.50
2.00
2.50
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
(1.00)
(0.50)
-
0.50
1.00
1.50
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
10.00
20.00
30.00
40.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
-5%
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.5%
1.0%
1.5%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.2%
0.4%
0.6%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
22 of 88
Agri FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 0.41 2.07 1.80 1.34 Net fee and commission income NFCI 0.00 0.01 0.02 0.04 Other operating income OPI 0.00 0.00 (0.00) 0.01
Total operating income 0.41 2.09 1.81 1.40 % YoY 406.7% -13.0% -23.0%
General and administrative expenses (0.73) (0.71) (0.98) (0.86) Depreciation and Amortization (0.02) (0.15) (0.12) (0.10) Provision for bad/doubtful loans (0.14) (0.07) (0.36) (0.19)
Net profit before tax (0.48) 1.16 0.35 0.24 Income tax (0.00) (0.14) (0.09) (0.06)
Net profit(loss) NP (0.49) 1.02 0.26 0.18 % YoY -310.3% -74.6% -30.6%
Balance Sheet 2010 2011 2012 2013Loans 13.68 19.06 31.52 31.36
% YoY 39.3% 65.4% -0.5%Deposits 3.67 25.18 16.93 20.34
% YoY 586.1% -32.8% 20.1%Assets 42.35 67.79 56.33 59.91 Liabilities 3.84 28.25 17.07 20.47 Debts - - - - Equity 38.51 39.54 39.26 39.44 Non-Performing Loans - - 0.43 0.44
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.0% 0.0% 1.4% 1.4%Cost-to-Income 183.5% 41.2% 60.8% 69.0%Loan-to-Deposit L/D 372.7% 75.7% 186.2% 154.2%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin -118.19% 49.05% 14.30% 12.90%ROA -1.15% 1.51% 0.46% 0.30%ROE -1.26% 2.59% 0.66% 0.46%Loan Market Share 0.45% 0.46% 0.56% 0.44%Deposit Market Share 0.08% 0.43% 0.22% 0.23%
Cambodian Banking Sector
23 of 88
ANZ Royal Bank ANZR
-
100.00
200.00
300.00
400.00
500.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
10.00
20.00
30.00
40.00
50.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
5.00
10.00
15.00
20.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
200.00
400.00
600.00
800.00
1,000.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0%
1%
2%
3%
4%
5%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank' s assets was USD 942 MM in 2013, ranking it number 4. Loan was USD 404 MM, representing 5.71% of industry loans and deposit was USD 820 MM, representing 9.45% of industry deposits. Ranked number 5 in loans, loan-to-deposit ratio was 49.3% in 2013. NPLs was 3.2% in 2013, slighly decreasing from 4.3% in 2012. Net profit was USD 18 MM, with 1.92% ROA and 16.24% ROE in 2013.
0%
5%
10%
15%
20%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0%
2%
4%
6%
8%
10%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0%
5%
10%
15%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
24 of 88
ANZR FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 23.32 23.27 24.79 28.22 Net fee and commission income NFCI 10.26 14.84 16.12 17.68 Other operating income OPI - - - -
Total operating income s 33.57 38.11 40.91 45.89 % YoY 13.5% 7.3% 12.2%
General and administrative expenses (22.82) (23.83) (23.93) (23.45) Depreciation and Amortization - - - (1.14) Provision for bad/doubtful loans (0.70) 0.79 (0.80) 1.65
Net profit before tax 10.06 15.07 16.18 22.96 Income tax (2.00) (3.16) (3.93) (4.90)
Net profit(loss) NP 8.06 11.92 12.25 18.06 % YoY 47.9% 2.8% 47.4%
Balance Sheet 2010 2011 2012 2013Loans 277.82 312.45 341.74 404.30
% YoY 12.5% 9.4% 18.3%Deposits 507.72 575.35 690.89 819.85
% YoY 13.3% 20.1% 18.7%Assets 599.07 668.41 794.72 942.27 Liabilities 528.12 585.55 701.60 831.09 Debts 6.31 2.36 - - Equity 70.95 82.87 93.12 111.18 Non-Performing Loans 12.38 11.09 14.69 13.07
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 4.5% 3.5% 4.3% 3.2%Cost-to-Income 68.0% 62.5% 58.5% 53.6%Loan-to-Deposit L/D 54.7% 54.3% 49.5% 49.3%Debt-to-Equity 8.9% 2.9% 0.0% 0.0%Net Profit Margin 24.00% 31.27% 29.95% 39.35%ROA 1.35% 1.78% 1.54% 1.92%ROE 11.36% 14.38% 13.16% 16.24%Loan Market Share 9.09% 7.53% 6.08% 5.71%Deposit Market Share 10.93% 9.83% 9.15% 9.45%
Cambodian Banking Sector
25 of 88
Bank for Investment and Development of Cambodia Plc.
-
100.00
200.00
300.00
400.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
5.00
10.00
15.00
20.00
25.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
2.00
4.00
6.00
8.00
10.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
100.00
200.00
300.00
400.00
500.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's assets was USD 497 MM in 2013, standing in number 6 of assets ranking. Loan was USD 368 MM, representing 5.19% of industry loans and deposit was USD 409 MM, representing 4.72% of industry deposits. Ranked number 6 in loans, loan-to-deposit ratio was 89.8% in 2013. NPLs was 1.2% in 2013, rapidly decreasing from 4.3% in 2012. Net profit was USD 4 MM, with 0.82% ROA and 4.93% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0%
2%
4%
6%
8%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0%
2%
4%
6%
8%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
26 of 88
FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 5.84 9.04 15.40 19.36 Net fee and commission income NFCI 1.41 2.73 2.91 2.81 Other operating income OPI 1.18 1.79 1.96 0.08
Total operating income 8.43 13.56 20.28 22.25 % YoY 60.9% 49.5% 9.7%
General and administrative expenses (4.60) (6.16) (8.22) (10.40) Depreciation and Amortization - - - (1.00) Provision for bad/doubtful loans (1.25) (1.29) (2.16) (5.39)
Net profit before tax 2.58 6.11 9.89 5.45 Income tax (0.59) (1.32) (2.25) (1.40)
Net profit(loss) NP 1.99 4.80 7.64 4.05 % YoY 141.3% 59.2% -47.0%
Balance Sheet 2010 2011 2012 2013Loans 148.05 281.31 351.88 367.63
% YoY 90.0% 25.1% 4.5%Deposits 184.38 364.57 415.96 409.42
% YoY 97.7% 14.1% -1.6%Assets 257.95 444.08 504.69 496.52 Liabilities 185.90 369.13 422.31 414.40 Debts - - - - Equity 72.05 74.94 82.38 82.12 Non-Performing Loans - - 1.61 4.31
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.0% 0.0% 0.5% 1.2%Cost-to-Income 54.5% 45.4% 40.5% 51.3%Loan-to-Deposit L/D 80.3% 77.2% 84.6% 89.8%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin 23.58% 35.37% 37.68% 18.21%ROA 0.77% 1.08% 1.51% 0.82%ROE 2.76% 6.40% 9.27% 4.93%Loan Market Share 4.85% 6.78% 6.26% 5.19%Deposit Market Share 3.97% 6.23% 5.51% 4.72%
Cambodian Banking Sector
27 of 88
Booyoungk Khmer Bank BKB
-
1.00
2.00
3.00
4.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
(0.20)
-
0.20
0.40
0.60
0.80
1.00
1.20
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
0.10
0.20
0.30
0.40
0.50
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
1.00
2.00
3.00
4.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank' s assets was USD 39 MM in 2013, standing in number 34 of assets ranking. With 0% NPLs, loan was USD 3 MM, representing 0.04% of industry loans and deposit was USD 1 MM, representing 0.01% of industry deposits. Ranked number 35 in loans, loan-to-deposit ratio was 273% in 2013. Net profit was USD 0.5 MM, with 1.2% ROA and 1.24% ROE in 2013. TBA
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.00%
0.01%
0.02%
0.03%
0.04%
0.05%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.00%
0.01%
0.01%
0.02%
0.02%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
28 of 88
BKB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 0.87 0.62 0.84 0.91 Net fee and commission income NFCI (0.01) 0.10 0.05 0.12 Other operating income OPI 0.02 0.20 - -
Total operating income 0.88 0.92 0.89 1.03 % YoY 4.7% -2.9% 16.2%
General and administrative expenses (0.45) (0.41) (0.44) (0.38) Depreciation and Amortization 0.06 (0.06) (0.03) (0.02) Provision for bad/doubtful loans (0.19) (0.00) - (0.03)
Net profit before tax 0.30 0.44 0.42 0.60 Income tax (0.04) (0.10) (0.09) (0.14)
Net profit(loss) NP 0.26 0.34 0.32 0.47 % YoY 33.4% -4.9% 44.1%
Balance Sheet 2010 2011 2012 2013Loans 0.11 - - 2.97
% YoY -100.0% #N/A #N/ADeposits 0.16 0.86 0.23 1.09
% YoY 450.3% -73.2% 371.1%Assets 36.63 37.74 37.42 38.78 Liabilities 0.20 0.96 0.32 1.22 Debts - - - - Equity 36.43 36.78 37.10 37.57 Non-Performing Loans 0.22 - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 203.6% #N/A #N/A 0.0%Cost-to-Income 45.0% 51.6% 53.1% 38.7%Loan-to-Deposit L/D 69.5% 0.0% 0.0% 273.0%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin 29.20% 37.17% 36.40% 45.14%ROA 0.70% 0.90% 0.87% 1.20%ROE 0.70% 0.93% 0.87% 1.24%Loan Market Share 0.00% #N/A #N/A 0.04%Deposit Market Share 0.00% 0.01% 0.00% 0.01%
Cambodian Banking Sector
29 of 88
Bank of China, Phnom Penh Branch BOC
-
50.00
100.00
150.00
200.00
250.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
(5.00)
-
5.00
10.00
15.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-1.20
0.80
2.80
4.80
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
100.00
200.00
300.00
400.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 426 MM in 2013, standing in 9th rank of assets. With 0% NPLs,loans was USD 232 MM, representing 3.28% of industry loans and deposits was USD 347 MM, representing 4.00% of industry deposits. Ranked number 9 in loans, Loan-to-depsit ratio was 67% in 2013. Net profit was USD 4 MM, with 1.02% ROA and 9.78% ROE in 2013. TBA
-5%
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
1.0%
2.0%
3.0%
4.0%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0%
1%
2%
3%
4%
5%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
30 of 88
BOC FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII (0.00) 0.18 3.16 7.65 Net fee and commission income NFCI 0.00 1.03 2.91 4.10 Other operating income OPI - - - -
Total operating income 0.00 1.22 6.07 11.74 % YoY 167724.2% 399.4% 93.5%
General and administrative expenses (0.37) (2.19) (3.10) (4.42) Depreciation and Amortization - (0.29) (0.29) (0.45) Provision for bad/doubtful loans - (0.06) (0.91) (1.41)
Net profit before tax (0.37) (1.33) 1.77 5.47 Income tax 0.07 0.25 (0.44) (1.14)
Net profit(loss) NP (0.30) (1.07) 1.33 4.33 % YoY 254.1% -223.6% 226.0%
Balance Sheet 2010 2011 2012 2013Loans - 6.03 95.84 232.12
% YoY #N/A 1488.3% 142.2%Deposits 7.32 152.21 332.00 346.79
% YoY 1978.9% 118.1% 4.5%Assets 22.02 206.38 462.92 425.67 Liabilities 7.33 167.76 422.97 381.39 Debts - 10.00 89.90 - Equity 14.70 38.62 39.95 44.28 Non-Performing Loans - - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL #N/A 0.0% 0.0% 0.0%Cost-to-Income 51282.2% 204.2% 55.9% 41.5%Loan-to-Deposit L/D 0.0% 4.0% 28.9% 66.9%Debt-to-Equity 0.0% 25.9% 225.0% 0.0%Net Profit Margin -41893.65% -88.40% 21.89% 36.86%ROA -1.38% -0.52% 0.29% 1.02%ROE -2.06% -2.78% 3.32% 9.78%Loan Market Share #N/A 0.15% 1.70% 3.28%Deposit Market Share 0.16% 2.60% 4.40% 4.00%
Cambodian Banking Sector
31 of 88
Bank of India BOI
-
5.00
10.00
15.00
20.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
0.20
0.40
0.60
0.80
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-0.2
-0.15
-0.1
-0.05
0
0.05
0.1
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Bankign Industry
-
5.00
10.00
15.00
20.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Bankign Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 22 MM in 2013, standing in 35th rank of assets. With 0% NPLs, loans was USD 18 MM, representing 0.26% of industry loans and deposits was USD 6 MM, representing 0.07% of industry deposits. Ranked number 32 in loans, Loan-to-depsit ratio was 316% in 2013. ROA and ROE were 0.4% and 0.63%, respectively in 2013, and Net profit was 0.06 MM. TBA TBA
-5%
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.1%
0.2%
0.3%
0.4%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.00%
0.05%
0.10%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
32 of 88
BOI FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 0.18 0.40 0.54 0.52 Net fee and commission income NFCI - 0.05 0.08 0.07 Other operating income OPI 0.04 - - -
Total operating income 0.22 0.46 0.62 0.59 % YoY 107.5% 35.4% -4.4%
General and administrative expenses (0.23) (0.31) (0.49) (0.45) Depreciation and Amortization (0.11) (0.02) (0.01) (0.01) Provision for bad/doubtful loans (0.04) (0.09) (0.02) (0.03)
Net profit before tax (0.16) 0.04 0.09 0.10 Income tax - (0.01) (0.01) (0.03)
Net profit(loss) NP (0.16) 0.03 0.09 0.06 % YoY -120.1% 175.2% -27.4%
Balance Sheet 2010 2011 2012 2013Loans 5.18 13.84 15.38 18.21
% YoY 167.0% 11.1% 18.4%Deposits 1.02 2.83 4.87 5.77
% YoY 177.2% 72.2% 18.4%Assets 13.71 16.56 20.72 21.73 Liabilities 1.03 3.86 7.93 8.87 Debts - 1.00 3.00 - Equity 12.67 12.71 12.79 12.86 Non-Performing Loans - - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.0% 0.0% 0.0% 0.0%Cost-to-Income 153.2% 72.6% 81.0% 78.0%Loan-to-Deposit L/D 507.7% 489.0% 315.6% 315.8%Debt-to-Equity 0.0% 7.9% 23.4% 0.0%Net Profit Margin -71.82% 6.96% 14.14% 10.74%ROA -1.16% 0.19% 0.42% 0.29%ROE -1.25% 0.25% 0.68% 0.49%Loan Market Share 0.17% 0.33% 0.27% 0.26%Deposit Market Share 0.02% 0.05% 0.06% 0.07%
Cambodian Banking Sector
33 of 88
Cambodia Asia Bank CAB
-
10.00
20.00
30.00
40.00
50.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
2.00
4.00
6.00
8.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
0.20
0.40
0.60
0.80
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
20.00
40.00
60.00
80.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0%
2%
4%
6%
8%
10%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank' s assets was USD 80 MM in 2013, ranking it number 26. Loan was USD 38 MM, representing 0.54% of industry loans and deposit was USD 40 MM, representing 0.46% of industry deposits. Ranked number 27 in loans, loan-to-deposit ratio was 97.3% in 2013. NPLs in 2013 was 9.1%, slightly decreasing from 9.2% in 2012. Net profit was USD 0.69 MM, with 0.87% ROA and 1.74% ROE in 2013. TBA
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.2%
0.4%
0.6%
0.8%
1.0%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.4%
0.8%
1.2%
1.6%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
34 of 88
CAB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 0.69 1.43 1.98 1.91 Net fee and commission income NFCI - 1.88 2.58 2.02 Other operating income OPI 2.56 0.93 1.53 1.68
Total operating income 3.25 4.24 6.09 5.61 % YoY 30.6% 43.7% -7.9%
General and administrative expenses (2.83) (2.79) (3.88) (3.03) Depreciation and Amortization (0.08) (0.09) (0.18) (0.17) Provision for bad/doubtful loans (0.15) (1.03) (1.23) (1.55)
Net profit before tax 0.19 0.33 0.80 0.86 Income tax (0.04) (0.11) (0.21) (0.18)
Net profit(loss) NP 0.15 0.22 0.59 0.69 % YoY 48.7% 166.8% 15.7%
Balance Sheet 2010 2011 2012 2013Loans 23.72 33.06 37.91 38.46
% YoY 39.4% 14.7% 1.4%Deposits 18.95 68.08 32.13 39.52
% YoY 259.4% -52.8% 23.0%Assets 57.46 107.38 72.49 79.54 Liabilities 19.31 69.01 33.53 39.89 Debts - - - - Equity 38.15 38.37 38.96 39.65 Non-Performing Loans 0.40 1.52 3.48 3.50
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 1.7% 4.6% 9.2% 9.1%Cost-to-Income 89.5% 67.8% 66.6% 56.9%Loan-to-Deposit L/D 125.2% 48.6% 118.0% 97.3%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin 4.61% 5.25% 9.76% 12.26%ROA 0.26% 0.21% 0.82% 0.87%ROE 0.39% 0.58% 1.53% 1.74%Loan Market Share 0.78% 0.80% 0.67% 0.54%Deposit Market Share 0.41% 1.16% 0.43% 0.46%
Cambodian Banking Sector
35 of 88
Cambodian Commercial Bank CCB
-
10.00
20.00
30.00
40.00
50.00
60.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
1.00
2.00
3.00
4.00
5.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
0.50
1.00
1.50
2.00
2.50
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
50.00
100.00
150.00
200.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank' s assets was USD 216 MM in 2013, standing in number 15 of assets ranking. With 0% NPLs, loan was USD 49 MM, representing 0.70% of industry loans and deposit was USD 180 MM, representing 2.08% of industry deposits. Ranked number 23 in loans, loan-to-deposit ratio was 27.4% in 2013. Net profit was USD 2 MM, with 1.05% ROA and 6.87% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.2%
0.4%
0.6%
0.8%
1.0%
1.2%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
36 of 88
CCB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 2.03 1.73 1.71 2.74 Net fee and commission income NFCI 1.31 1.37 1.42 1.75 Other operating income OPI 0.21 0.17 0.16 0.09
Total operating income 3.55 3.27 3.29 4.58 % YoY -7.7% 0.6% 39.0%
General and administrative expenses (1.51) (1.54) (2.06) (1.55) Depreciation and Amortization (0.35) (0.32) (0.29) (0.19) Provision for bad/doubtful loans - - - (0.00)
Net profit before tax 1.69 1.41 0.94 2.84 Income tax (0.39) (0.30) (0.31) (0.58)
Net profit(loss) NP 1.30 1.11 0.63 2.26 % YoY -14.4% -43.3% 259.0%
Balance Sheet 2010 2011 2012 2013Loans 34.62 30.77 29.80 49.44
% YoY -11.1% -3.1% 65.9%Deposits 71.91 84.41 114.54 180.26
% YoY 17.4% 35.7% 57.4%Assets 104.98 118.12 150.30 215.93 Liabilities 73.87 85.81 117.35 183.02 Debts - - - - Equity 31.12 32.32 32.95 32.91 Non-Performing Loans - - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.0% 0.0% 0.0% 0.0%Cost-to-Income 52.4% 56.8% 71.3% 37.9%Loan-to-Deposit L/D 48.1% 36.5% 26.0% 27.4%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin 36.59% 33.93% 19.14% 49.42%ROA 1.24% 0.94% 0.42% 1.05%ROE 4.17% 3.44% 1.91% 6.87%Loan Market Share 1.13% 0.74% 0.53% 0.70%Deposit Market Share 1.55% 1.44% 1.52% 2.08%
Cambodian Banking Sector
37 of 88
CIMB Bank CIMB
-
50.00
100.00
150.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
(2.00)
-
2.00
4.00
6.00
8.00
10.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-5.00
0.00
5.00
10.00
2010 2011 2012 2013
Net Loss (USD MM)
NP Net Profit Margin Banking Industry
-
50.00
100.00
150.00
200.00
250.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank' s assets was USD 250 MM in 2013, standing in number 13 of assets ranking. With 0% NPLs,loan was USD 134 MM, representing 1.89% of industry loans and deposit was USD 202 MM, representing 2.33% of industry deposits. Ranked number 14 in loans, loan-to-deposit ratio was 66% in 2013. Net loss was USD 0.74 MM in 2013.
-15%
-10%
-5%
0%
5%
10%
15%2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
38 of 88
CIMB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 0.00 1.11 3.66 6.08 Net fee and commission income NFCI 0.00 0.15 0.81 1.58 Other operating income OPI (0.00) 0.01 0.08 0.21
Total operating income 0.01 1.27 4.54 7.86 % YoY 20147.2% 257.3% 73.0%
General and administrative expenses (0.40) (2.88) (4.27) (5.61) Depreciation and Amortization (0.06) (1.22) (1.85) (2.33) Provision for bad/doubtful loans - (0.42) (0.42) (0.54)
Net profit before tax (0.45) (3.25) (2.00) (0.63) Income tax (0.00) (0.02) (0.06) (0.11)
Net profit(loss) NP (0.45) (3.27) (2.07) (0.74) % YoY 623.6% -36.9% -64.3%
Balance Sheet 2010 2011 2012 2013Loans - 41.94 83.74 133.53
% YoY #N/A 99.6% 59.5%Deposits 3.03 52.67 121.81 202.05
% YoY 1637.5% 131.3% 65.9%Assets 42.55 89.50 165.59 250.30 Liabilities 6.00 56.22 134.38 211.83 Debts - - - - Equity 36.55 33.28 31.21 38.47 Non-Performing Loans - - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL #N/A 0.0% 0.0% 0.0%Cost-to-Income 7300.5% 322.6% 134.8% 101.1%Loan-to-Deposit L/D 0.0% 79.6% 68.7% 66.1%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin -7202.58% -257.39% -45.48% -9.38%ROA -1.06% -3.66% -1.25% -0.29%ROE -1.24% -9.83% -6.62% -1.92%Loan Market Share 0.00% 1.01% 1.49% 1.89%Deposit Market Share 0.07% 0.90% 1.61% 2.33%
Cambodian Banking Sector
39 of 88
Cambodia Mekong Bank CMB
-
5.00
10.00
15.00
20.00
25.00
30.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
(1.00)
-
1.00
2.00
3.00
4.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
(1.00)
(0.50)
-
0.50
1.00
1.50
2.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
5.00
10.00
15.00
20.00
25.00
30.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0%
5%
10%
15%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 49 MM in 2013, ranking in number 32. Loans was USD 22 MM, representing 0.31% of industry loans and deposits was USD 18 MM, representing 0.21% of industry deposits. Ranked number 30 in loans, Loan-to-depsit ratio was 121% in 2013. NPLs in 2013 was 0.6%, slightly increasing from 0.4% in 2012. Net loss was USD 0.73 MM in 2013. TBA
-5%
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.5%
1.0%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.1%
0.2%
0.3%
0.4%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
40 of 88
CMB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 2.00 1.84 2.13 2.02 Net fee and commission income NFCI 0.04 (0.03) (0.03) (0.00) Other operating income OPI 0.04 0.33 0.81 0.22
Total operating income 2.08 2.14 2.90 2.24 % YoY 2.6% 35.8% -22.9%
General and administrative expenses (1.80) (1.97) (2.72) (2.76) Depreciation and Amortization (0.42) (0.39) (0.43) (0.26) Provision for bad/doubtful loans 2.04 0.44 1.03 0.09
Net profit before tax 1.89 0.21 0.79 (0.69) Income tax (0.02) (0.04) (0.20) (0.04)
Net profit(loss) NP 1.87 0.17 0.59 (0.73) % YoY -91.0% 250.8% -223.9%
Balance Sheet 2010 2011 2012 2013Loans 16.78 19.57 26.62 21.97
% YoY 16.6% 36.0% -17.5%Deposits 15.74 18.49 20.09 18.15
% YoY 17.5% 8.6% -9.7%Assets 42.25 45.07 47.91 48.51 Liabilities 16.12 18.77 21.02 18.35 Debts - - - - Equity 26.13 26.30 26.88 30.16 Non-Performing Loans 2.91 0.66 0.10 0.13
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 17.3% 3.4% 0.4% 0.6%Cost-to-Income 106.9% 110.5% 108.4% 134.9%Loan-to-Deposit L/D 106.7% 105.9% 132.6% 121.1%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin 89.69% 7.83% 20.22% -32.50%ROA 4.42% 0.37% 1.23% -1.50%ROE 7.15% 0.64% 2.18% -2.41%Loan Market Share 0.55% 0.47% 0.47% 0.31%Deposit Market Share 0.34% 0.32% 0.27% 0.21%
Cambodian Banking Sector
41 of 88
Canadia Bank CNB
-
200.00
400.00
600.00
800.00
1,000.00
1,200.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
20.00
40.00
60.00
80.00
100.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
10.00
20.00
30.00
40.00
50.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
500.00
1,000.00
1,500.00
2,000.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans DepositsL/D Banking Industry
0%
1%
2%
3%
4%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 1 790 MM in 2013, ranking in number 2. Loans was USD 1 045 MM, representing 14.77% of industry loans and deposits was USD 1 437 MM, representing 16.55% of industry deposits. Ranked number 2 in loans, Loan-to-depsit ratio was 73% in 2013. NPLs in 2013 was 2.9%, slightly increasing by 0.4% in 2012. Net profit was USD 39 MM, with 2.19% ROA and 16.07% ROE in 2013.
0%
5%
10%
15%
20%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
14%
15%
16%
17%
18%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
16%
17%
18%
19%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
42 of 88
CNB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 28.46 36.88 56.10 67.35 Net fee and commission income NFCI 7.53 10.02 12.52 14.54 Other operating income OPI 0.20 4.74 1.23 1.77
Total operating income 36.19 51.64 69.86 83.66 % YoY 42.7% 35.3% 19.8%
General and administrative expenses (16.16) (19.34) (16.89) (21.60) Depreciation and Amortization - - (4.31) (4.63) Provision for bad/doubtful loans (1.15) (3.35) (4.11) (8.33)
Net profit before tax 18.87 28.95 44.54 49.09 Income tax (3.74) (5.72) (8.99) (9.96)
Net profit NP 15.14 23.23 35.55 39.13 Net profit(loss) 53.5% 53.0% 10.1%
Balance Sheet 2010 2011 2012 2013Loans 496.48 721.51 845.42 1,044.99
% YoY 45.3% 17.2% 23.6%Deposits 871.28 1,059.30 1,282.82 1,436.76
% YoY 21.6% 21.1% 12.0%Assets 1,040.13 1,264.54 1,545.53 1,790.32 Liabilities 909.39 1,110.56 1,344.11 1,546.86 Debts 12.52 19.27 17.91 64.04 Equity 130.74 153.97 201.42 243.46 Non-Performing Loans 18.44 16.49 20.93 30.23
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 3.7% 2.3% 2.5% 2.9%Cost-to-Income 44.7% 37.4% 30.3% 31.4%Loan-to-Deposit L/D 57.0% 68.1% 65.9% 72.7%Debt-to-Equity 9.6% 12.5% 8.9% 26.3%Net Profit Margin 41.83% 44.99% 50.89% 46.77%ROA 1.46% 1.84% 2.30% 2.19%ROE 11.58% 15.09% 17.65% 16.07%Loan Market Share 16.25% 17.40% 15.03% 14.77%Deposit Market Share 18.76% 18.10% 16.99% 16.55%
Cambodian Banking Sector
43 of 88
Cambodian Public Bank CPB
-
200.00
400.00
600.00
800.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
20.00
40.00
60.00
80.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
10.00
20.00
30.00
40.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
200.00
400.00
600.00
800.00
1,000.00
1,200.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 1 251 MM in 2013, ranking in number 3 Loans was USD 723 MM, representing 10.22% of industry loans and deposits was USD 962 MM, representing 11.09% of industry deposits. Ranked number 3 in loans, Loan-to-depsit ratio was 75.2% in 2013. NPLs in 2013 was 1.5%, dropping from 2.0%% in 2012. Net profit was USD 29.5 MM, with 2.35% ROA and 10.84% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0%
5%
10%
15%
20%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0%
5%
10%
15%
20%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
44 of 88
CPB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 42.96 41.98 41.71 47.65 Net fee and commission income NFCI 9.93 11.49 11.71 12.34 Other operating income OPI - - - -
Total operating income 52.90 53.47 53.42 59.99 % YoY 1.1% -0.1% 12.3%
General and administrative expenses (9.94) (11.51) (12.24) (13.39) Depreciation and Amortization (2.71) (2.90) (2.81) (3.16) Provision for bad/doubtful loans (21.77) (9.71) (3.21) (6.38)
Net profit before tax 18.47 29.35 35.16 37.06 Income tax (4.67) (5.65) (7.18) (7.62)
Net profit(loss) NP 13.81 23.70 27.97 29.45 % YoY 71.7% 18.0% 5.3%
Balance Sheet 2010 2011 2012 2013Loans 561.53 594.92 659.92 723.25
% YoY 5.9% 10.9% 9.6%Deposits 798.03 773.81 914.29 962.31
% YoY -3.0% 18.2% 5.3%Assets 1,002.79 1,004.43 1,184.74 1,251.41 Liabilities 812.39 790.33 942.66 979.89 Debts 29.61 - - - Equity 190.40 214.10 242.07 271.52 Non-Performing Loans 8.47 8.77 13.17 10.83
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 1.5% 1.5% 2.0% 1.5%Cost-to-Income 23.9% 27.0% 28.2% 27.6%Loan-to-Deposit L/D 70.4% 76.9% 72.2% 75.2%Debt-to-Equity 15.6% 0.0% 0.0% 0.0%Net Profit Margin 26.10% 44.32% 52.36% 49.08%ROA 1.38% 2.36% 2.36% 2.35%ROE 7.25% 11.07% 11.56% 10.84%Loan Market Share 18.38% 14.34% 11.73% 10.22%Deposit Market Share 17.19% 13.22% 12.11% 11.09%
Cambodian Banking Sector
45 of 88
Cathay United Bank CUBC
-
10.00
20.00
30.00
40.00
50.00
2010 2011 2012 2013*
Loans (USD MM) and Growth
Loans % YoY
-
1.00
2.00
3.00
4.00
5.00
2010 2011 2012 2013*
Total Operating Income (USD MM)
NII NFCI OPI % YoY
(2.05)
(1.55)
(1.05)
(0.55)
(0.05)
0.45
2010 2011 2012 2013*
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
20.00
40.00
60.00
80.00
2010 2011 2012 2013*
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013*
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 91 MM in 2013, ranking in number 24. Loans was USD 41 MM, representing 0.58% of industry loans and deposits was USD 71 MM, representing 0.81% of industry deposits. Ranked number 26 in loans, Loan-to-depsit ratio was 58% in 2013. NPLs in 2013 stood at 2.1%. Net loss was USD 2 MM in 2013. TBA
-20%
-10%
0%
10%
20%
30%
40%
2010 2011 2012 2013*
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.2%
0.4%
0.6%
0.8%
1.0%
2010 2011 2012 2013*
Loan Market Share
Loan Market Share
0.7%
0.8%
0.9%
1.0%
2010 2011 2012 2013*
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
46 of 88
CUBC FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013*Net interest income NII 2.05 2.56 2.72 2.25 Net fee and commission income NFCI 0.99 1.16 1.28 2.23 Other operating income OPI - - - 0.00
Total operating income 3.04 3.72 4.00 4.47 % YoY 22.3% 7.5% 11.8%
General and administrative expenses (2.08) (2.19) (2.80) (5.58) Depreciation and Amortization (0.66) (0.66) (0.63) (0.28) Provision for bad/doubtful loans (0.05) (0.35) (0.30) (0.62)
Net profit before tax 0.24 0.52 0.28 (2.02) Income tax (0.04) (0.11) 0.11 -
Net profit(loss) NP 0.20 0.41 0.39 (2.03) % YoY 103.8% -5.9% -620.9%
Balance Sheet 2010 2011 2012 2013*Loans 26.30 33.83 31.20 41.10
% YoY 28.6% -7.8% 31.7%Deposits 41.12 47.72 62.54 70.70
% YoY 16.0% 31.1% 13.0%Assets 55.64 62.82 78.17 90.86 Liabilities 42.01 48.77 63.74 78.47 Debts - - - - Equity 13.63 14.04 14.43 12.39 Non-Performing Loans 0.04 0.04 0.01 0.88
Key Ratio 2010 2011 2012 2013*NPL Ratio NPL 0.1% 0.1% 0.0% 2.1%Cost-to-Income 90.2% 76.5% 85.6% 131.1%Loan-to-Deposit L/D 64.0% 70.9% 49.9% 58.1%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin 6.67% 11.11% 9.73% -45.34%ROA 0.37% 0.66% 0.50% -2.23%ROE 1.49% 2.95% 2.70% -16.38%Loan Market Share 0.86% 0.82% 0.55% 0.58%Deposit Market Share 0.89% 0.82% 0.83% 0.81%*From NBC's annual supervision report(Unaudited),2013
Cambodian Banking Sector
47 of 88
First Commercial Bank FCB
-
50.00
100.00
150.00
200.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
5.00
10.00
15.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
2.00
4.00
6.00
8.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
50.00
100.00
150.00
200.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 215 MM in 2013, ranking in number 16. Loans was USD 155 MM, representing 2.19% of industry loans and deposits was USD 123 MM, representing 1.42% of industry deposits. Ranked number 12 in loans, Loan-to-depsit ratio was 126% in 2013. NPLs in 2013 was 2.1%, slightly dropping from 2.3% in 2012. Net profit was USD 6 MM, with 2.88% ROA and 13.85% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.5%
1.0%
1.5%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
48 of 88
FCB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 5.74 7.32 8.09 9.42 Net fee and commission income NFCI 0.93 1.16 1.15 1.55 Other operating income OPI 0.03 0.09 0.13 0.71
Total operating income 6.70 8.58 9.38 11.68 % YoY 28.1% 9.3% 24.6%
General and administrative expenses (1.70) (1.81) (1.95) (2.36) Depreciation and Amortization (0.20) (0.21) (0.17) (0.14) Provision for bad/doubtful loans (0.27) (0.71) (1.00) (1.39)
Net profit before tax 4.53 5.84 6.25 7.79 Income tax (0.98) (1.23) (1.33) (1.62)
Net profit(loss) NP 3.55 4.61 4.92 6.17 % YoY 29.7% 6.6% 25.6%
Balance Sheet 2010 2011 2012 2013Loans 74.12 92.10 103.00 155.11
% YoY 24.3% 11.8% 50.6%Deposits 40.73 75.33 105.07 123.16
% YoY 85.0% 39.5% 17.2%Assets 101.64 141.93 154.88 214.62 Liabilities 72.78 108.46 116.49 170.06 Debts 31.00 31.50 10.00 45.00 Equity 28.86 33.47 38.39 44.56 Non-Performing Loans - 0.99 2.42 3.25
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.0% 1.1% 2.3% 2.1%Cost-to-Income 28.3% 23.6% 22.7% 21.4%Loan-to-Deposit L/D 182.0% 122.3% 98.0% 125.9%Debt-to-Equity 107.4% 94.1% 26.1% 101.0%Net Profit Margin 53.09% 53.77% 52.43% 52.86%ROA 3.50% 3.25% 3.17% 2.88%ROE 12.32% 13.78% 12.81% 13.85%Loan Market Share 2.43% 2.22% 1.83% 2.19%Deposit Market Share 0.88% 1.29% 1.39% 1.42%
Cambodian Banking Sector
49 of 88
Foreign Trade Bank of Cambodia FTB
-
50.00
100.00
150.00
200.00
250.00
300.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
5.00
10.00
15.00
20.00
25.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
2.00
4.00
6.00
8.00
10.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
100.00
200.00
300.00
400.00
500.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
1.0%
2.0%
3.0%
4.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 477 MM in 2013, standing in 7th rank of assets. Loans was USD 273 MM, representing 3.86% of industry loans and deposits was USD 397 MM, representing 4.57% of industry deposits. Ranked number 7 in loans, Loan-to-depsit ratio was 69% in 2013. NPLs in 2013 was 0.8%, decreasing by 0.6% from 2012. Net profit was USD 9 MM, with 1.91% ROA and 12.75% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0%
1%
2%
3%
4%
5%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0%
2%
4%
6%
8%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
50 of 88
FTB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 8.02 9.42 11.98 16.73 Net fee and commission income NFCI 2.27 2.32 3.03 3.79 Other operating income OPI 0.32 0.20 1.00 0.53
Total operating income 10.60 11.94 16.01 21.05 % YoY 12.6% 34.1% 31.5%
General and administrative expenses (3.36) (3.52) (4.44) (5.96) Depreciation and Amortization (0.42) (0.37) (0.79) (0.77) Provision for bad/doubtful loans 1.28 0.77 (1.23) (3.19)
Net profit before tax 8.11 8.83 9.54 11.13 Income tax (1.72) (1.70) (1.94) (2.00)
Net profit(loss) NP 6.39 7.13 7.60 9.12 % YoY 11.5% 6.6% 20.0%
Balance Sheet 2010 2011 2012 2013Loans 136.14 165.42 209.86 273.19
% YoY 21.5% 26.9% 30.2%Deposits 276.93 344.34 392.09 396.57
% YoY 24.3% 13.9% 1.1%Assets 329.27 405.47 461.51 477.16 Liabilities 281.61 350.68 399.12 405.65 Debts - - - - Equity 47.66 54.79 62.39 71.51 Non-Performing Loans 4.20 1.76 2.94 2.18
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 3.1% 1.1% 1.4% 0.8%Cost-to-Income 35.6% 32.5% 32.7% 32.0%Loan-to-Deposit L/D 49.2% 48.0% 53.5% 68.9%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin 60.30% 59.69% 47.48% 43.33%ROA 1.94% 1.76% 1.65% 1.91%ROE 13.41% 13.01% 12.18% 12.75%Loan Market Share 4.46% 3.99% 3.73% 3.86%Deposit Market Share 5.96% 5.88% 5.19% 4.57%
Cambodian Banking Sector
51 of 88
Hong Leong Bank(Cambodia) Plc HLB
-
2.00
4.00
6.00
8.00
10.00
12.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
0.10
0.20
0.30
0.40
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
(2.00)
(1.50)
(1.00)
(0.50)
-
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
5.00
10.00
15.00
20.00
25.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
The bank was officially opend in 2013. Bank's total assets was USD 59 MM in 2013, ranking in number 31. With 0% NPLs,loans was USD 10 MM, representing 0.14% of industry loans and deposits was USD 22 MM, representing 0.26% of industry deposits. Ranked number 33 in loans, Loan-to-depsit ratio was 45% in 2013. Net loss was USD 1.48 MM.
-10%
-5%
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.1%
0.2%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.1%
0.2%
0.3%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
52 of 88
HLB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII - - - 0.28 Net fee and commission income NFCI - - - 0.08 Other operating income OPI - - - 0.00
Total operating income - - - 0.36 % YoY #N/A #N/A #N/A
General and administrative expenses - - - (1.28) Depreciation and Amortization - - - (0.46) Provision for bad/doubtful loans - - - (0.10)
Net profit before tax - - - (1.47) Income tax - - - (0.00)
Net profit(loss) NP - - - (1.48) % YoY #N/A #N/A #N/A
Balance Sheet 2010 2011 2012 2013Loans - - - 10.06
% YoY #N/A #N/A #N/ADeposits - - - 22.30
% YoY #N/A #N/A #N/AAssets - - - 59.13 Liabilities - - - 23.11 Debts - - - - Equity - - - 59.13 Non-Performing Loans - - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL #N/A #N/A #N/A 0.0%Cost-to-Income #N/A #N/A #N/A 476.4%Loan-to-Deposit L/D #N/A #N/A #N/A 45.1%Debt-to-Equity #N/A #N/A #N/A 0.0%Net Profit Margin #N/A #N/A #N/A -405.46%ROA #N/A #N/A #N/A -2.50%ROE #N/A #N/A #N/A -2.50%Loan Market Share #N/A #N/A #N/A 0.14%Deposit Market Share #N/A #N/A #N/A 0.26%
Cambodian Banking Sector
53 of 88
ICBC Limited Phnom Penh Branch ICBC
-
100.00
200.00
300.00
400.00
500.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
2.00
4.00
6.00
8.00
10.00
12.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
0.00
1.00
2.00
3.00
4.00
5.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
100.00
200.00
300.00
400.00
500.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
ICBB was officially launched in Phnom Penh in Novemeber 2011. Bank's total assets was USD 664 MM in 2013, standing in 5th rank of assets. With 0% NPLs, loans was USD 420 MM, representing 5.93% of industry loans and deposits was USD 120 MM, representing 1.38% of industry deposits. Ranked number 4 in loans, Loan-to-depsit ratio was 351% in 2013. Net profit was USD 4.5 MM, with 0.68% ROA and 8.21% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
5.0%
5.5%
6.0%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
54 of 88
ICBC FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII - - 5.87 9.18 Net fee and commission income NFCI - - 0.34 2.04 Other operating income OPI - - - -
Total operating income - - 6.21 11.22 % YoY #N/A #N/A 80.6%
General and administrative expenses - - (3.14) (3.25) Depreciation and Amortization - - (0.09) (0.12) Provision for bad/doubtful loans - - (1.50) (2.12)
Net profit before tax - - 1.48 5.73 Income tax - - (0.23) (1.18)
Net profit(loss) NP - - 1.25 4.54 % YoY #N/A #N/A 264.5%
Balance Sheet 2010 2011 2012 2013Loans - - 330.38 419.61
% YoY #N/A #N/A 27.0%Deposits - - 99.52 119.69
% YoY #N/A #N/A 20.3%Assets - - 711.66 664.17 Liabilities - - 660.85 608.81 Debts - - 560.50 486.64 Equity - - 50.82 55.36 Non-Performing Loans - - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL #N/A #N/A 0.0% 0.0%Cost-to-Income #N/A #N/A 52.1% 30.0%Loan-to-Deposit L/D #N/A #N/A 332.0% 350.6%Debt-to-Equity #N/A #N/A 1103.0% 879.0%Net Profit Margin #N/A #N/A 20.06% 40.49%ROA #N/A #N/A 0.18% 0.68%ROE #N/A #N/A 2.45% 8.21%Loan Market Share #N/A #N/A 5.87% 5.93%Deposit Market Share #N/A #N/A 1.32% 1.38%
Cambodian Banking Sector
55 of 88
Kookmin Bank Cambodia Plc KBC
-
10.00
20.00
30.00
40.00
50.00
60.00
2010 2011 2012 2013*
Loans (USD MM) and Growth
Loans % YoY
-
1.00
2.00
3.00
4.00
5.00
6.00
2010 2011 2012 2013*
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
0.50
1.00
1.50
2.00
2010 2011 2012 2013*
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
10.00
20.00
30.00
40.00
50.00
60.00
2010 2011 2012 2013*
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0%
2%
4%
6%
8%
10%
12%
2010 2011 2012 2013*
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 89 MM in 2013, ranking in number 25. Loans was USD 56 MM, representing 0.79% of industry loans and deposits was USD 40 MM, representing 0.47% of industry deposits. Ranked number 22 in loans, Loan-to-depsit ratio was 139% in 2013. NPLs in 2013 was remarkably at high risk,11.8%. Net profit was USD 1.5 MM, with 1.69% ROA and 8.99% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012 2013*
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.2%
0.4%
0.6%
0.8%
1.0%
2010 2011 2012 2013*
Loan Market Share
Loan Market Share
0.0%
0.1%
0.2%
0.3%
0.4%
0.5%
0.6%
2010 2011 2012 2013*
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
56 of 88
KBC FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013*Net interest income NII 1.35 1.99 2.54 3.48 Net fee and commission income NFCI 0.48 0.64 1.09 1.31 Other operating income OPI 0.00 0.01 0.01 0.17
Total operating income 1.84 2.63 3.64 4.96 % YoY 43.2% 38.4% 36.3%
General and administrative expenses (1.28) (1.38) (1.50) (1.92) Depreciation and Amortization (0.38) (0.36) (0.42) (0.33) Provision for bad/doubtful loans (0.09) (0.66) (1.40) (1.15)
Net profit before tax 0.09 0.23 0.32 1.57 Income tax (0.03) (0.03) (0.04) (0.06)
Net profit(loss) NP 0.06 0.20 0.28 1.51 % YoY 252.7% 38.4% 447.4%
Balance Sheet 2010 2011 2012 2013*Loans 16.03 23.97 36.93 56.02
% YoY 49.5% 54.1% 51.7%Deposits 20.03 30.74 39.62 40.39
% YoY 53.4% 28.9% 1.9%Assets 35.00 46.01 65.15 89.24 Liabilities 20.17 30.98 49.85 72.45 Debts - - 10.00 - Equity 14.83 15.03 15.30 16.79 Non-Performing Loans - - - 6.61
Key Ratio 2010 2011 2012 2013*NPL Ratio NPL 0.0% 0.0% 0.0% 11.8%Cost-to-Income 90.4% 66.4% 52.7% 45.3%Loan-to-Deposit L/D 80.0% 78.0% 93.2% 138.7%Debt-to-Equity 0.0% 0.0% 65.3% 0.0%Net Profit Margin 3.08% 7.58% 7.58% 30.44%ROA 0.16% 0.43% 0.42% 1.69%ROE 0.38% 1.33% 1.80% 8.99%Loan Market Share 0.52% 0.58% 0.66% 0.79%Deposit Market Share 0.43% 0.53% 0.52% 0.47%*From NBC's annual supervision report(Unaudited),2013
Cambodian Banking Sector
57 of 88
Krung Thai Bank KTB
-
10.00
20.00
30.00
40.00
50.00
2010 2011 2012* 2013*
Loans (USD MM) and Growth
Loans % YoY
(1.00)
-
1.00
2.00
3.00
4.00
2010 2011 2012* 2013*
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
0.50
1.00
1.50
2.00
2010 2011 2012* 2013*
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
10.00
20.00
30.00
40.00
50.00
2010 2011 2012* 2013*
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012* 2013*
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 167 MM in 2013, standing in 19th rank of assets. Loans was USD 43 MM, representing 0.61% of industry loans and deposits was USD 27 MM, representing 0.31% of industry deposits. Ranked number 25 in loans, Loan-to-depsit ratio was 158% in 2013. NPLs in 2013 was 0.3%, the same rate in 2012. Net profit was USD 1.82 MM, with 1.09% ROA and 6.71% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012* 2013*
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry(ROE)
0.0%
0.2%
0.4%
0.6%
0.8%
1.0%
2010 2011 2012* 2013*
Loan Market Share
Loan Market Share
0.0%
0.1%
0.2%
0.3%
0.4%
2010 2011 2012* 2013*
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
58 of 88
KTB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012* 2013*Net interest income NII 1.12 0.96 1.45 2.01 Net fee and commission income NFCI 0.22 0.31 0.58 0.88 Other operating income(loss) OPI 0.72 (0.04) - -
Total operating income 2.06 1.23 2.03 2.89 % YoY -40.2% 64.5% 42.5%
General and administrative expenses (0.31) (0.40) (0.66) (0.57) Depreciation and Amortization (0.03) (0.04) (0.06) (0.03) Provision for bad/doubtful loans (0.12) 0.04 (0.17) 0.02
Net profit before tax 1.60 0.83 1.13 2.30 Income tax (0.31) (0.22) (0.27) (0.47)
Net profit(loss) NP 1.29 0.61 0.92 1.82 % YoY -52.8% 52.0% 97.2%
Balance Sheet 2010 2011 2012* 2013*Loans 24.82 27.29 39.17 42.96
% YoY 9.9% 43.5% 9.7%Deposits 12.49 15.85 25.27 27.12
% YoY 26.9% 59.4% 7.3%Assets 52.13 56.46 68.42 166.50 Liabilities 28.27 32.00 43.06 139.32 Debts 8.65 13.65 - Equity 23.85 24.46 25.36 27.18 Non-Performing Loans - - 0.12 0.12
Key Ratio 2010 2011 2012* 2013*NPL Ratio NPL 0.0% 0.0% 0.3% 0.3%Cost-to-Income 16.6% 35.6% 35.8% 20.9%Loan-to-Deposit L/D 198.7% 172.1% 155.0% 158.4%Debt-to-Equity 36.3% 55.8% 0.0% 0.0%Net Profit Margin 62.45% 49.36% 45.63% 63.12%ROA 2.47% 1.08% 1.35% 1.09%ROE 5.39% 2.49% 3.65% 6.71%Loan Market Share 0.81% 0.66% 0.70% 0.61%Deposit Market Share 0.27% 0.27% 0.33% 0.31%*From NBC's annual supervision report(Unaudited)
Cambodian Banking Sector
59 of 88
MayBank Maybank
-
50.00
100.00
150.00
200.00
250.00
300.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
5.00
10.00
15.00
20.00
25.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-4.00-2.000.002.004.006.008.00
10.0012.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
- 50.00
100.00 150.00 200.00 250.00 300.00 350.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0%
1%
2%
3%
4%
5%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 462 MM in 2013, standing in 8th rank of assets. Loans was USD 261 MM, representing 3.69% of industry loans and deposits was USD 329 MM, representing 3.79% of industry deposits. Ranked number 8 in loans, Loan-to-depsit ratio was 80% in 2013. NPLs in 2013 was 2.1%, decreasing from 3.7% in 2012. Net profit was USD 9.8 MM, with 2.12% ROA and 14.84% ROE in 2013.
-10%
-5%
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0%
1%
2%
3%
4%
5%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
60 of 88
Maybank FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 6.10 10.77 11.49 18.61 Net fee and commission income NFCI 1.86 2.08 1.85 2.90 Other operating income OPI 0.01 - 0.01 0.05
Total operating income 7.98 12.84 13.35 21.56 % YoY 61.0% 3.9% 61.5%
General and administrative expenses (3.43) (4.20) (4.57) (8.83) Depreciation and Amortization (0.53) (0.79) (0.75) (1.23) Provision for bad/doubtful loans (5.44) (3.38) (0.42) 0.26
Net profit before tax (1.42) 4.47 7.60 11.76 Income tax (0.58) (1.20) (1.48) (1.98)
Net profit(loss) NP (2.01) 3.27 6.12 9.78 % YoY -263.1% 87.0% 59.9%
Balance Sheet 2010 2011 2012 2013Loans 86.05 161.11 227.89 261.43
% YoY 87.2% 41.5% 14.7%Deposits 194.22 231.39 305.23 328.66
% YoY 19.1% 31.9% 7.7%Assets 233.73 313.41 413.74 461.58 Liabilities 199.24 275.65 357.62 395.68 Debts - - 47.46 58.96 Equity 34.49 37.76 56.12 65.90 Non-Performing Loans 3.45 3.77 8.39 5.61
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 4.0% 2.3% 3.7% 2.1%Cost-to-Income 49.6% 38.9% 39.9% 46.6%Loan-to-Deposit L/D 44.3% 69.6% 74.7% 79.5%Debt-to-Equity 0.0% 0.0% 84.6% 89.5%Net Profit Margin -25.14% 25.47% 45.83% 45.36%ROA -0.86% 1.04% 1.48% 2.12%ROE -5.81% 8.66% 10.90% 14.84%Loan Market Share 2.82% 3.88% 4.05% 3.69%Deposit Market Share 4.18% 3.95% 4.04% 3.79%
Cambodian Banking Sector
61 of 88
MB Bank MB
-
10.00
20.00
30.00
40.00
50.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-0.50
0.00
0.50
1.00
1.50
2.00
2.50
3.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-0.10
-0.05
0.00
0.05
0.10
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
10.00
20.00
30.00
40.00
50.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 64 MM in 2013, ranking in number 29. Loans was USD 48 MM, representing 0.67% of industry loans and deposits was USD 17 MM, representing 0.19% of industry deposits. Ranked number 24 in loans, Loan-to-depsit ratio was 285% in 2013. NPLs in 2013 was 2.6%, rapidly increasing from previous year. Net profit was USD 0.1 MM, with 0.12% ROA and 0.20% ROE in 2013.
-5%
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.2%
0.4%
0.6%
0.8%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.1%
0.2%
0.3%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
62 of 88
MB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII - 0.00 1.05 2.30 Net fee and commission income NFCI - (0.00) 0.17 0.20 Other operating income OPI - 0.00 0.02 (0.00)
Total operating income - (0.00) 1.23 2.49 % YoY #N/A -105632.5% 101.7%
General and administrative expenses - (0.05) (0.91) (1.29) Depreciation and Amortization - - (0.07) (0.08) Provision for bad/doubtful loans - - (0.20) (1.02)
Net profit before tax - (0.05) 0.05 0.10 Income tax - (0.00) (0.02) (0.02)
Net profit(loss) NP - (0.05) 0.03 0.08 % YoY #N/A -154.9% 196.0%
Balance Sheet 2010 2011 2012 2013Loans - - 20.28 47.54
% YoY #N/A #N/A 134.4%Deposits - 0.04 2.50 16.66
% YoY #N/A 6707.5% 567.6%Assets - 39.14 41.51 63.93 Liabilities - - 2.54 24.87 Debts - 0.15 0.01 - Equity - 38.95 38.98 39.06 Non-Performing Loans - - - 1.22
Key Ratio 2010 2011 2012 2013NPL Ratio NPL #N/A #N/A 0.0% 2.6%Cost-to-Income #N/A -4073.1% 79.4% 55.1%Loan-to-Deposit L/D #N/A 0.0% 812.9% 285.4%Debt-to-Equity #N/A 0.4% 0.0% 0.0%Net Profit Margin #N/A 4173.76% 2.17% 3.19%ROA #N/A -0.12% 0.06% 0.12%ROE #N/A -0.13% 0.07% 0.20%Loan Market Share #N/A #N/A 0.36% 0.67%Deposit Market Share #N/A 0.00% 0.03% 0.19%
Cambodian Banking Sector
63 of 88
Mega International Commercial Ban Mega
-
20.00
40.00
60.00
80.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
1.00
2.00
3.00
4.00
5.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-1.00
-0.50
0.00
0.50
1.00
1.50
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
20.00
40.00
60.00
80.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 107 MM in 2013, ranking in number 23. With 0% NPLs, loans was USD 76 MM, representing 1.07% of industry loans and deposits was USD 40 MM, representing 0.45% of industry deposits. Ranked number 21 in loans, Loan-to-depsit ratio was 191% in 2013. Net profit was USD 1.4 MM, with 1.27% ROA and 2.66% ROE in 2013.
-5%
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.2%
0.4%
0.6%
0.8%
1.0%
1.2%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.1%
0.2%
0.3%
0.4%
0.5%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
64 of 88
Mega FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII - 0.06 1.44 3.27 Net fee and commission income NFCI - 0.02 0.48 0.88 Other operating income OPI - 0.00 0.01 0.03
Total operating income - 0.08 1.94 4.18 % YoY #N/A 2427.5% 115.8%
General and administrative expenses - (0.61) (1.29) (1.67) Depreciation and Amortization - (0.04) (0.25) (0.28) Provision for bad/doubtful loans - (0.00) (0.26) (0.50)
Net profit before tax - (0.57) 0.14 1.72 Income tax - (0.00) (0.04) (0.37)
Net profit(loss) NP - (0.57) 0.10 1.35 % YoY #N/A -116.7% 1315.4%
Balance Sheet 2010 2011 2012 2013Loans - 0.31 25.92 75.63
% YoY #N/A 8383.4% 191.8%Deposits - 4.94 31.34 39.52
% YoY #N/A 534.8% 26.1%Assets - 54.45 81.11 106.63 Liabilities - 5.02 31.58 55.75 Debts - - - - Equity - 49.43 49.52 50.88 Non-Performing Loans - - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL #N/A 0.0% 0.0% 0.0%Cost-to-Income #N/A 841.4% 79.4% 46.8%Loan-to-Deposit L/D #N/A 6.2% 82.7% 191.4%Debt-to-Equity #N/A 0.0% 0.0% 0.0%Net Profit Margin #N/A -746.22% 4.94% 32.39%ROA #N/A -1.05% 0.12% 1.27%ROE #N/A -1.16% 0.19% 2.66%Loan Market Share #N/A 0.01% 0.46% 1.07%Deposit Market Share #N/A 0.08% 0.41% 0.46%
Cambodian Banking Sector
65 of 88
Maruhan Japan Bank MJB
-
20.00
40.00
60.00
80.00
100.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
2.00
4.00
6.00
8.00
10.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-4.00
-2.00
0.00
2.00
4.00
6.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
20.00
40.00
60.00
80.00
100.00
120.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0%
5%
10%
15%
20%
25%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 188 MM in 2013, standing in 18th rank of assets. Loans was USD 82 MM, representing 1.16% of industry loans and deposits was USD 84 MM, representing 0.97% of industry deposits. Ranked number 19 in loans, Loan-to-depsit ratio was 97% in 2013. NPLs in 2013 was 0.2%, dropping from 2.9% in 2012. Net profit was USD 5 MM, with 2.55% ROA and 6.7% ROE in 2013.
-10%
-5%
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.5%
1.0%
1.5%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
66 of 88
MJB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 0.80 1.28 4.38 4.62 Net fee and commission income NFCI 0.21 0.81 0.98 2.48 Other operating income OPI 0.01 0.01 - 1.11
Total operating income 1.02 2.10 5.35 8.21 % YoY 105.7% 155.3% 53.4%
General and administrative expenses (2.29) (2.85) (3.78) (4.12) Depreciation and Amortization (0.36) (1.13) (0.70) (0.65) Provision for bad/doubtful loans (1.83) (0.35) (0.42) 2.48
Net profit before tax (3.47) (2.23) 0.46 5.92 Income tax (0.02) (0.04) 0.28 (1.13)
Net profit(loss) NP (3.49) (2.27) 0.74 4.78 % YoY -35.1% -132.7% 545.5%
Balance Sheet 2010 2011 2012 2013Loans 11.35 46.05 86.60 81.83
% YoY 305.8% 88.0% -5.5%Deposits 48.28 56.03 104.60 84.20
% YoY 16.0% 86.7% -19.5%Assets 87.25 122.79 203.70 187.67 Liabilities 49.15 56.96 137.13 116.31 Debts - - 30.00 30.00 Equity 38.10 65.83 66.57 71.36 Non-Performing Loans 2.52 2.52 2.52 0.18
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 22.2% 5.5% 2.9% 0.2%Cost-to-Income 260.7% 189.7% 83.7% 58.1%Loan-to-Deposit L/D 23.5% 82.2% 82.8% 97.2%Debt-to-Equity 0.0% 0.0% 45.1% 42.0%Net Profit Margin -342.84% -108.12% 13.85% 58.29%ROA -4.00% -1.85% 0.36% 2.55%ROE -9.17% -3.44% 1.11% 6.70%Loan Market Share 0.37% 1.11% 1.54% 1.16%Deposit Market Share 1.04% 0.96% 1.38% 0.97%
Cambodian Banking Sector
67 of 88
Phillip Bank PHL
-
10.00
20.00
30.00
40.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
(1.00)
-
1.00
2.00
3.00
4.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-0.60
-0.40
-0.20
0.00
0.20
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
10.00
20.00
30.00
40.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0%
1%
2%
3%
4%
5%
6%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 70 MM in 2013, ranking in number 28. Loans was USD 36 MM, representing 0.51% of industry loans and deposits was USD 32 MM, representing 0.36% of industry deposits. Ranked number 28 in loans, Loan-to-depsit ratio was 113% in 2013. NPLs in 2013 was 5%, increasing from 2.3 in 2012. Net loss was USD 0.4 MM in 2013.
-5%
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.1%
0.2%
0.3%
0.4%
0.5%
0.6%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.1%
0.2%
0.3%
0.4%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
68 of 88
PHL FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 0.70 1.80 2.55 3.26 Net fee and commission income NFCI 0.05 0.16 0.24 0.25 Other operating income OPI - - (0.26) -
Total operating income 0.75 1.95 2.53 3.51 % YoY 160.0% 29.3% 38.9%
General and administrative expenses (0.99) (1.28) (1.90) (2.16) Depreciation and Amortization (0.25) (0.32) (0.34) (0.40) Provision for bad/doubtful loans (0.07) (0.54) (0.39) (1.08)
Net profit before tax (0.55) (0.18) (0.10) (0.12) Income tax (0.01) 0.22 (0.05) (0.26)
Net profit(loss) NP (0.56) 0.04 (0.16) (0.38) % YoY -107.1% -489.2% 143.1%
Balance Sheet 2010 2011 2012 2013Loans 6.44 18.30 31.27 35.92
% YoY 184.3% 70.9% 14.9%Deposits 13.24 10.35 23.78 31.67
% YoY -21.8% 129.7% 33.2%Assets 49.62 49.17 62.67 70.23 Liabilities 13.45 10.46 24.12 32.06 Debts - - - - Equity 36.16 38.70 38.55 38.17 Non-Performing Loans - 0.25 0.72 1.80
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.0% 1.4% 2.3% 5.0%Cost-to-Income 164.9% 81.6% 88.6% 72.8%Loan-to-Deposit L/D 48.6% 176.9% 131.5% 113.4%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin -75.07% 2.05% -6.17% -10.81%ROA -1.14% 0.08% -0.25% -0.54%ROE -1.56% 0.10% -0.40% -0.99%Loan Market Share 0.21% 0.44% 0.56% 0.51%Deposit Market Share 0.29% 0.18% 0.31% 0.36%
Cambodian Banking Sector
69 of 88
Cambodia Post Bank Post
-
5.00
10.00
15.00
20.00
25.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
0.20
0.40
0.60
0.80
1.00
1.20
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-1.50
-1.00
-0.50
0.00
0.50
2010 2011 2012 2013
Net Loss (USD MM)
NP Net Profit Margin Banking Industry
-
5.00
10.00
15.00
20.00
25.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0%
1%
2%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
The bank was officially opend in September 2013. Bank's total assets was USD 46 MM in 2013, ranking in number 33. Wiht 0% NPLs,loans was USD 21 MM, representing 0.29% of industry loans and deposits was USD 9 MM, representing 0.10% of industry deposits. Ranked number 31 in loans, Loan-to-depsit ratio was 231% in 2013. Net lose was USD 1.25 MM in 2013.
-10%
-5%
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.1%
0.2%
0.3%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.1%
0.2%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
70 of 88
Post FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII - - - 1.05 Net fee and commission income NFCI - - - 0.03 Other operating income OPI - - - 0.00
Total operating income - - - 1.08 % YoY #N/A #N/A #N/A
General and administrative expenses - - - (2.05) Depreciation and Amortization - - - (0.06) Provision for bad/doubtful loans - - - (0.21)
Net profit before tax - - - (1.23) Income tax - - - (0.02)
Net profit(loss) NP - - - (1.25) % YoY #N/A #N/A #N/A
Balance Sheet 2010 2011 2012 2013Loans - - - 20.68
% YoY #N/A #N/A #N/ADeposits - - - 8.94
% YoY #N/A #N/A #N/AAssets - - - 46.23 Liabilities - - - 9.48 Debts - - - - Equity - - - 36.75 Non-Performing Loans - - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL #N/A #N/A #N/A 0.0%Cost-to-Income #N/A #N/A #N/A 194.8%Loan-to-Deposit L/D #N/A #N/A #N/A 231.3%Debt-to-Equity #N/A #N/A #N/A 0.0%Net Profit Margin #N/A #N/A #N/A -115.70%ROA #N/A #N/A #N/A -2.70%ROE #N/A #N/A #N/A -3.40%Loan Market Share #N/A #N/A #N/A 0.29%Deposit Market Share #N/A #N/A #N/A 0.10%
Cambodian Banking Sector
71 of 88
Phnom Penh Commercial Bank PPCB
-
50.00
100.00
150.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
2.00
4.00
6.00
8.00
10.00
12.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
1.00
2.00
3.00
4.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
50.00
100.00
150.00
200.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 209 MM in 2013, standing in 17th rank of assets. Loans was USD 121 MM, representing 1.71% of industry loans and deposits was USD 159 MM, representing 1.83% of industry deposits. Ranked number 16 in loans, Loan-to-depsit ratio was 76% in 2013. NPLs in 2013 was 0.0%, slighly increasing from 2012. Net profit was USD 3.71 MM, with 1.78% ROA and 7.88% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0%
1%
2%
3%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0%
1%
2%
3%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
72 of 88
PPCB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 1.92 3.24 5.80 7.92 Net fee and commission income NFCI 0.62 0.94 1.26 2.09 Other operating income OPI - - 0.05 0.09
Total operating income 2.54 4.17 7.11 10.11 % YoY 64.3% 70.4% 42.1%
General and administrative expenses (1.29) (1.90) (2.92) (4.05) Depreciation and Amortization (0.41) (0.41) (0.59) (0.74) Provision for bad/doubtful loans (0.11) (0.19) (0.26) (0.57)
Net profit before tax 0.73 1.68 3.35 4.74 Income tax (0.13) (0.36) (0.71) (1.03)
Net profit(loss) NP 0.59 1.31 2.63 3.71 % YoY 120.9% 100.5% 41.0%
Balance Sheet 2010 2011 2012 2013Loans 24.50 42.86 68.46 120.70
% YoY 75.0% 59.7% 76.3%Deposits 42.15 60.33 78.26 158.87
% YoY 43.1% 29.7% 103.0%Assets 58.35 102.05 123.25 208.94 Liabilities 42.91 61.30 79.86 161.85 Debts - - - - Equity 15.44 40.75 43.38 47.09 Non-Performing Loans - - - 0.04
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.0% 0.0% 0.0% 0.0%Cost-to-Income 67.0% 55.4% 49.3% 47.4%Loan-to-Deposit L/D 58.1% 71.1% 87.5% 76.0%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin 23.39% 31.45% 37.01% 36.71%ROA 1.02% 1.29% 2.14% 1.78%ROE 3.85% 3.22% 6.07% 7.88%Loan Market Share 0.80% 1.03% 1.22% 1.71%Deposit Market Share 0.91% 1.03% 1.04% 1.83%
Cambodian Banking Sector
73 of 88
RHB Bank RHB
-
50.00
100.00
150.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
2.00
4.00
6.00
8.00
10.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-1.00
-0.50
0.00
0.50
1.00
1.50
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
50.00
100.00
150.00
200.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 242 MM in 2013, ranking in number 14. Loans was USD 140 MM, representing 1.97% of industry loans and deposits was USD 188 MM, representing 2.17% of industry deposits. Ranked number 13 in loans, Loan-to-depsit ratio was 74% in 2013. NPLs in 2013 was 2.8%, rapidly increasing from previous year. Net profit was USD 0.9 MM, with 0.36% ROA and 1.68% ROE in 2013.
-5%
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
74 of 88
RHB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 1.88 2.92 4.58 6.69 Net fee and commission income NFCI 0.46 0.67 0.75 1.28 Other operating income OPI 0.04 0.05 0.08 0.08
Total operating income 2.38 3.63 5.42 8.06 % YoY 52.3% 49.3% 48.7%
General and administrative expenses (2.55) (3.19) (3.24) (3.72) Depreciation and Amortization (0.53) (0.71) (0.77) (0.84) Provision for bad/doubtful loans (0.16) (0.34) (0.24) (2.52)
Net profit before tax (0.85) (0.62) 1.17 0.98 Income tax (0.03) (0.05) (0.08) (0.12)
Net profit(loss) NP (0.88) (0.67) 1.09 0.86 % YoY -24.0% -262.7% -21.1%
Balance Sheet 2010 2011 2012 2013Loans 27.53 56.97 88.95 139.72
% YoY 107.0% 56.1% 57.1%Deposits 32.53 71.75 106.29 188.32
% YoY 120.6% 48.1% 77.2%Assets 71.81 110.33 159.34 242.13 Liabilities 33.67 72.86 108.78 190.70 Debts - - - - Equity 38.14 37.47 50.56 51.42 Non-Performing Loans - 0.17 - 3.87
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.0% 0.3% 0.0% 2.8%Cost-to-Income 129.0% 107.6% 74.0% 56.6%Loan-to-Deposit L/D 84.6% 79.4% 83.7% 74.2%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin -37.05% -18.50% 20.16% 10.69%ROA -1.23% -0.61% 0.69% 0.36%ROE -2.31% -1.79% 2.16% 1.68%Loan Market Share 0.90% 1.37% 1.58% 1.97%Deposit Market Share 0.70% 1.23% 1.41% 2.17%
Cambodian Banking Sector
75 of 88
Sacombank Sacombank
-
20.00
40.00
60.00
80.00
100.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
1.00
2.00
3.00
4.00
5.00
6.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
0.50
1.00
1.50
2.00
2.50
3.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
20.00
40.00
60.00
80.00
100.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 114 MM in 2013, ranking in number 22. Loans was USD 81 MM, representing 1.15% of industry loans and deposits was USD 71 MM, representing 0.81% of industry deposits. Ranked number 20 in loans, Loan-to-depsit ratio was 115% in 2013. NPLs in 2013 was 1.9%, increasing by 0.9% from 2012. Net profit was USD 0.5 MM, with 0.42% ROA and 1.13% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0%
1%
2%
3%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
76 of 88
Sacombank FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 2.16 4.69 4.27 4.46 Net fee and commission income NFCI 0.43 0.40 0.54 0.61 Other operating income OPI 0.54 0.15 0.10 0.08
Total operating income 3.13 5.25 4.91 5.16 % YoY 67.9% -6.4% 5.0%
General and administrative expenses (0.90) (1.72) (2.94) (3.35) Depreciation and Amortization (0.20) (0.24) (0.33) (0.46) Provision for bad/doubtful loans (0.68) (0.18) (0.14) (0.66)
Net profit before tax 1.34 3.11 1.51 0.69 Income tax (0.23) (0.66) (0.30) (0.21)
Net profit(loss) NP 1.11 2.45 1.20 0.47 % YoY 120.1% -50.8% -60.6%
Balance Sheet 2010 2011 2012 2013Loans 68.40 59.14 61.92 81.33
% YoY -13.5% 4.7% 31.3%Deposits 65.78 44.46 45.01 70.56
% YoY -32.4% 1.2% 56.8%Assets 104.94 86.73 87.52 113.57 Liabilities 66.14 45.48 45.86 71.52 Debts - - - - Equity 38.80 41.25 41.66 42.05 Non-Performing Loans - - 0.60 1.52
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.0% 0.0% 1.0% 1.9%Cost-to-Income 35.4% 37.3% 66.6% 73.8%Loan-to-Deposit L/D 104.0% 133.0% 137.6% 115.3%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin 35.57% 46.64% 24.50% 9.21%ROA 1.06% 2.82% 1.38% 0.42%ROE 2.87% 5.94% 2.89% 1.13%Loan Market Share 2.24% 1.43% 1.10% 1.15%Deposit Market Share 1.42% 0.76% 0.60% 0.81%
Cambodian Banking Sector
77 of 88
SHB Plc, Phnom Penh Branch SHB
-
50.00
100.00
150.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
2.00
4.00
6.00
8.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
0.20
0.40
0.60
0.80
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
50.00
100.00
150.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
The branch was established on October 20, 2011 and operated effectively as commercial bank on Febraury 9, 2012 Bank's total assets was USD 143 MM in 2013, ranking in number 21. With 0% NPLs,loans was USD 125 MM, representing 1.76% of industry loans and deposits was USD 31 MM, representing 0.36% of industry deposits. Ranked number 15 in loans, Loan-to-depsit ratio was 400% in 2013. ROA and ROE were 0.71% and 2.64%, respectively in 2013, and Net profit was 0.7 MM.
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.1%
0.2%
0.3%
0.4%
0.5%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
78 of 88
SHB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII - - 1.75 5.61 Net fee and commission income NFCI - - 0.18 0.74 Other operating income OPI - - - -
Total operating income - - 1.93 6.35 % YoY #N/A #N/A 228.9%
General and administrative expenses - - (1.34) (4.56) Depreciation and Amortization - - (0.11) - Provision for bad/doubtful loans - - (0.39) (0.89)
Net profit before tax - - 0.08 0.89 Income tax - - (0.06) (0.17)
Net profit(loss) NP - - 0.03 0.72 % YoY #N/A #N/A 2356.7%
Balance Sheet 2010 2011 2012 2013Loans - - 38.38 124.72
% YoY #N/A #N/A 224.9%Deposits - - 16.93 31.19
% YoY #N/A #N/A 84.2%Assets - - 54.52 142.96 Liabilities - - 16.99 104.74 Debts - - - - Equity - - 37.53 38.22 Non-Performing Loans - - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL #N/A #N/A 0.0% 0.0%Cost-to-Income #N/A #N/A 75.5% 71.9%Loan-to-Deposit L/D #N/A #N/A 226.7% 399.8%Debt-to-Equity #N/A #N/A 0.0% 0.0%Net Profit Margin #N/A #N/A 1.52% 11.36%ROA #N/A #N/A 0.05% 0.50%ROE #N/A #N/A 0.08% 1.89%Loan Market Share #N/A #N/A 0.68% 1.76%Deposit Market Share #N/A #N/A 0.22% 0.36%
Cambodian Banking Sector
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Shinhan Khmer Bank SKB
-
20.00
40.00
60.00
80.00
100.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
2.00
4.00
6.00
8.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
0.50
1.00
1.50
2.00
2.50
3.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
20.00
40.00
60.00
80.00
100.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 146 MM in 2013, standing in 20th rank of assets. With 0% NPLs,loans was USD 82 MM, representing 1.16% of industry loans and deposits was USD 71 MM, representing 0.82% of industry deposits. Ranked number 18 in loans, Loan-to-depsit ratio was 116% in 2013. Net profit was USD 2.7 MM, with 1.83% ROA and 9.42% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
80 of 88
SKB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 2.22 2.71 3.65 4.83 Net fee and commission income NFCI 0.81 0.86 0.79 0.98 Other operating income OPI - - - -
Total operating income 3.03 3.57 4.44 5.81 % YoY 17.9% 24.3% 30.7%
General and administrative expenses (1.46) (1.47) (1.61) (1.96) Depreciation and Amortization (0.13) (0.10) (0.09) (0.13) Provision for bad/doubtful loans (0.05) (0.07) (0.18) (0.27)
Net profit before tax 1.38 1.93 2.56 3.45 Income tax (0.33) (0.44) (0.58) (0.78)
Net profit(loss) NP 1.06 1.50 1.98 2.67 % YoY 41.8% 32.4% 34.6%
Balance Sheet 2010 2011 2012 2013Loans 30.62 37.40 55.66 82.37
% YoY 22.1% 48.8% 48.0%Deposits 23.08 24.76 29.57 71.07
% YoY 7.3% 19.4% 140.3%Assets 45.70 48.88 91.83 145.87 Liabilities 23.55 25.23 66.21 117.58 Debts - - 35.00 - Equity 22.14 23.64 25.62 28.29 Non-Performing Loans - - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.0% 0.0% 0.0% 0.0%Cost-to-Income 52.7% 44.0% 38.3% 36.0%Loan-to-Deposit L/D 132.7% 151.1% 188.2% 115.9%Debt-to-Equity 0.0% 0.0% 136.6% 0.0%Net Profit Margin 34.81% 41.86% 44.57% 45.92%ROA 2.31% 3.06% 2.16% 1.83%ROE 4.77% 6.33% 7.73% 9.42%Loan Market Share 1.00% 0.90% 0.99% 1.16%Deposit Market Share 0.50% 0.42% 0.39% 0.82%
Cambodian Banking Sector
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Taiwan Cooperative Bank TCB
-
2.00
4.00
6.00
8.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
0.20
0.40
0.60
0.80
1.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
(0.20)
(0.15)
(0.10)
(0.05)
-
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
5.00
10.00
15.00
20.00
25.00
30.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
The bank was officially opend in March 2013. Bank's total assets was USD 75 MM in 2013, standing in 27th rank of assets. Loans was USD 7.3 MM, representing 0.10% of industry loans and deposits was USD 26 MM, representing 0.29% of industry deposits. Ranked number 34 in loans, Loan-to-depsit ratio was 29% in 2013. Net loss was USD 0.2 MM in 2013..
-5%
5%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0.0%
0.1%
0.2%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0.0%
0.1%
0.2%
0.3%
0.4%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
82 of 88
TCB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII - - - 0.74 Net fee and commission income NFCI - - - 0.08 Other operating income OPI - - - 0.01
Total operating income - - - 0.82 % YoY #N/A #N/A #N/A
General and administrative expenses - - - (0.80) Depreciation and Amortization - - - (0.09) Provision for bad/doubtful loans - - - (0.07)
Net profit before tax - - - (0.14) Income tax - - - (0.01)
Net profit(loss) NP - - - (0.15) % YoY #N/A #N/A #N/A
Balance Sheet 2010 2011 2012 2013Loans - - - 7.27
% YoY #N/A #N/A #N/ADeposits - - - 25.51
% YoY #N/A #N/A #N/AAssets - - - 75.49 Liabilities - - - 25.64 Debts - - - - Equity - - - 49.85 Non-Performing Loans - - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL #N/A #N/A #N/A 0.0%Cost-to-Income #N/A #N/A #N/A 108.2%Loan-to-Deposit L/D #N/A #N/A #N/A 28.5%Debt-to-Equity #N/A #N/A #N/A 0.0%Net Profit Margin #N/A #N/A #N/A -17.99%ROA #N/A #N/A #N/A -0.20%ROE #N/A #N/A #N/A -0.30%Loan Market Share #N/A #N/A #N/A 0.10%Deposit Market Share #N/A #N/A #N/A 0.29%
Cambodian Banking Sector
83 of 88
Union Commercial Bank UCB
-
50.00
100.00
150.00
200.00
250.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
5.00
10.00
15.00
20.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
1.00
2.00
3.00
4.00
5.00
6.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
50.00
100.00
150.00
200.00
250.00
300.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 319 MM in 2013, standing in 11th rank of assets. Loans was USD 199 MM, representing 2.81% of industry loans and deposits was USD 251 MM, representing 2.89% of industry deposits. Ranked number 10 in loans, Loan-to-depsit ratio was 79% in 2013. NPL in 2013 was 1.9%, slightly increasing from 1.5% in 2012. Net profit was USD 3 MM, with 1.05% ROA and 6.61% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0%
1%
2%
3%
4%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0%
1%
2%
3%
4%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
84 of 88
UCB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 4.18 7.68 8.67 10.91 Net fee and commission income NFCI 2.44 3.25 3.92 3.81 Other operating income OPI 1.30 0.48 0.90 0.35
Total operating income 7.92 11.41 13.49 15.07 % YoY 44.1% 18.3% 11.7%
General and administrative expenses (4.11) (3.71) (4.36) (4.90) Depreciation and Amortization (0.56) (0.54) (0.53) (0.55) Provision for bad/doubtful loans (1.80) (1.47) (2.03) (5.20)
Net profit before tax 1.45 5.69 6.57 4.42 Income tax (0.48) (1.21) (1.46) (1.08)
Net profit(loss) NP 0.97 4.48 5.11 3.34 % YoY 363.5% 14.0% -34.7%
Balance Sheet 2010 2011 2012 2013Loans 87.97 143.61 176.07 198.72
% YoY 63.3% 22.6% 12.9%Deposits 155.99 202.03 272.53 250.84
% YoY 29.5% 34.9% -8.0%Assets 201.45 250.88 330.95 318.92 Liabilities 162.75 207.68 283.83 268.42 Debts - - - - Equity 38.70 43.19 47.13 50.50 Non-Performing Loans 0.13 0.64 2.70 3.76
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 0.1% 0.4% 1.5% 1.9%Cost-to-Income 59.0% 37.2% 36.3% 36.2%Loan-to-Deposit L/D 56.4% 71.1% 64.6% 79.2%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin 12.21% 39.28% 37.86% 22.14%ROA 0.48% 1.79% 1.54% 1.05%ROE 2.50% 10.37% 10.84% 6.61%Loan Market Share 2.88% 3.46% 3.13% 2.81%Deposit Market Share 3.36% 3.45% 3.61% 2.89%
Cambodian Banking Sector
85 of 88
Vattanac Bank VB
-
50.00
100.00
150.00
2010 2011 2012 2013
Loans (USD MM) and Growth
Loans % YoY
-
2.00
4.00
6.00
8.00
10.00
2010 2011 2012 2013
Total Operating Income (USD MM)
NII NFCI OPI % YoY
-
1.00
2.00
3.00
4.00
2010 2011 2012 2013
Net Profit (USD MM)
NP Net Profit Margin Banking Industry
-
50.00
100.00
150.00
200.00
250.00
2010 2011 2012 2013
Loan/Deposit Ratio
Loans Deposits L/D Banking Industry
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 2013
Non-Performing Loan Ratio
NPL Banking Industry
Bank's total assets was USD 258 MM in 2013, standing in 12th rank of assets. With 0% NPLs,loans was USD 116 MM, representing 1.65% of industry loans and deposits was USD 211 MM, representing 2.43% of industry deposits. Ranked number 17 in loans, Loan-to-depsit ratio was 55% in 2013. Net profit was USD 2.8 MM, with 1.10% ROA and 6.34% ROE in 2013.
0%
5%
10%
15%
2010 2011 2012 2013
ROA and ROE
ROA ROEBanking Industry (ROA) Banking Industry (ROE)
0%
1%
2%
3%
2010 2011 2012 2013
Loan Market Share
Loan Market Share
0%
1%
2%
3%
4%
2010 2011 2012 2013
Deposit Market Share
Deposit Market Share
Cambodian Banking Sector
86 of 88
VB FinancialsUSD MM
Income Statement Abbr 2010 2011 2012 2013Net interest income NII 2.46 5.02 6.34 6.46 Net fee and commission income NFCI 1.97 2.17 2.30 2.46 Other operating income OPI 0.06 0.04 0.55 0.01
Total operating income 4.50 7.23 9.18 8.93 % YoY 60.7% 27.1% -2.8%
General and administrative expenses (2.65) (3.32) (3.74) (4.23) Depreciation and Amortization (0.61) (0.64) (0.64) (1.00) Provision for bad/doubtful loans 1.38 0.70 (0.17) (0.14)
Net profit before tax 2.61 3.96 4.63 3.55 Income tax (0.52) (0.79) (0.93) (0.71)
Net profit(loss) NP 2.09 3.17 3.70 2.84 % YoY 51.4% 16.9% -23.3%
Balance Sheet 2010 2011 2012 2013Loans 53.06 83.89 101.87 116.48
% YoY 58.1% 21.4% 14.3%Deposits 160.32 142.88 180.76 210.53
% YoY -10.9% 26.5% 16.5%Assets 203.80 188.24 230.18 257.60 Liabilities 163.67 144.94 183.18 212.76 Debts - - - - Equity 40.13 43.30 47.00 44.85 Non-Performing Loans 0.95 - - -
Key Ratio 2010 2011 2012 2013NPL Ratio NPL 1.8% 0.0% 0.0% 0.0%Cost-to-Income 72.5% 54.8% 47.7% 58.6%Loan-to-Deposit L/D 33.1% 58.7% 56.4% 55.3%Debt-to-Equity 0.0% 0.0% 0.0% 0.0%Net Profit Margin 46.50% 43.83% 40.32% 31.83%ROA 1.03% 1.68% 1.61% 1.10%ROE 5.21% 7.31% 7.88% 6.34%Loan Market Share 1.74% 2.02% 1.81% 1.65%Deposit Market Share 3.45% 2.44% 2.39% 2.43%
Cambodian Banking Sector
87 of 88
About TIC
Target Investment Consulting is an accounting, corporate finance advisory and principal investment firm. With office in Phnom
Penh, we provide on-the ground resources, local knowledge, high-net worth investor network, and expert advisory. Our vision is
to become the long-term partner of choice for local and international institutions and investors doing business and investing in
Cambodia.
Target Investment Consulting was established to capitalize on increasing demand for first-class business restructuring, corporate
and personal finance and investment advisory services in the fast-growing Cambodian market.
Our expertise covers a number of sectors including financial services, agriculture, real estate, special economic zone, and
hospitality and we are capable of executing all tasks across all segments of the Cambodian economy.
Our services include:
- Business Restructuring and Management Consulting
- Accounting, Human Resource, and Operation restructuring
- Business Model Advisory
- Management Consulting
- Corporate Finance Advisory
- FInancial Modeling, Business Valuation, Business Plan and Project Development
- Debt and Equity Fund Raising
- Buy-side and Sell-side Financial Advisory
- Personal Finance and Investment Advisory
- Bank Loan Advisory
- Investment Advisory
- Principal Investment
- Debt and Equity Investment
Contact Us:
Mr. Kosal Ly , CFO
Target Investment Consulting Co., Ltd
#269, Street 156, Sangkat Teuk Laork 2,
Khan Touk Kork, Phnom Penh, Cambodia
HP: +855 78 337 888
Tel: +855 23 881 601
Mail: [email protected]
Web: www.ticfirm.com
Cambodian Banking Sector
88 of 88
Disclaimer: This report has been prepared by Target Investment Consulting Co., Ltd ("TIC") and has been prepared solely for providing an overview and commentary of the current dynamics and expected development of the Cambodia.
TIC makes no representation or warranty, expressed or implied, with respect to the completeness or accuracy of the contents of this report. This report is not intended to be, and shall not be construed to be, investment advice and does not constitute advice in connection with legal, tax, investment, accounting or regulatory matters in any jurisdiction.
