2021 Interim Results Presentation - Beijing IFRS August,2021
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chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
2021 Interim Results Presentation
Beijing
IFRS
August,2021
0
chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Disclaimer
Information contained in this material does not constitute an offer of, or an invitation to purchase or subscribe
for, the securities of the Agricultural Bank of China Limited (the “Company”) in Hong Kong, the United States
or other areas. The securities of the Company has not been registered under the United States Securities Act
of 1933, as amended, and may not be offered and sold in the United States, unless they are registered under
applicable laws or an exemption from the registration requirements is obtained.
This disclaimer contains statements which are defined as “forward-looking statements” within the meaning of
Section 27A of the U.S. Securities Act of 1933, as amended and Section 21E of the U.S. Securities Exchange
Act of 1934, as amended. Such forward-looking statements are subject to known and unknown risks,
uncertainties and other factors, and are based on the current expectations, assumptions, predictions and
forecasts of the industry in which the Company currently engages. Unless otherwise required by law, the
Company undertakes no obligation to update any forward-looking statements to reflect any subsequent events
or circumstances, nor does the Company bear any obligation to make any corresponding changes to its
expectations. Although the Company believes that the expectations contained in the forward-looking
statements are reasonable, no assurance can be given by the Company to you that the Company’s
expectations will prove correct in future, and investors should note that actual results could differ from those
expected.
1
1
chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Performance Summary
RMB 100MM 30 Jun 2021 31 Dec 2020 Change
Total Assets 286,524 272,050 5.3%
Total Loans and Advances 165,393 151,704 9.0%
Total Liabilities 263,900 249,943 5.6%
Total Deposits 219,266 203,729 7.6%
Capital Adequacy Ratio 16.23% 16.59% 0.36pps
NPL Ratio 1.50% 1.57% 0.07pps
Provision Coverage 275% 261% 14pps
Jan-Jun 2021 Jan-Jun 2020 Change
Net Interest Income 2,834 2,670 6.1%
Net Interest Margin (NIM) 2.12% 2.20% 0.08pps
Net Fee and Commission income 482 442 8.8%
Cost-to-income Ratio 24.54% 24.64% 0.10pps
Net Profit 1,228 1,092 12.5%
Basic Earnings per Share (RMB) 0.34 0.30 0.04 2
2
chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Financial Performance in the First Half of 2021
Business Strategy & Development
Business Plan for the Second Half of 2021
3
3
chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Stable Growth in Business Scale
RMB 100MM RMB 100MM
Loan Growth 9.0% Deposit Growth 7.6%
4
chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Continuous Improvement of Profitability
Net Profit Regained to The Same Level as 2019H1 Stable Growth in Operating Income
RMB 100MM RMB 100MM
th 7.8%
w
Gro
%
12.5
h
owt
Gr
Steady Growth in PPOP
RMB 100MM 7.8%
th
row
G
5
5
chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Steady Growth Momentum in Net Interest Income
Rapid Growth in Net Interest Income Continuous Decline in Loan Yield
RMB 100MM
6.1%
h
owt
Gr
Slight Decline in Net Interest Margin Slight Growth in Average Cost of Deposit
6
6
chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Well-performed Intermediary Business
Stable Growth in Net Fee and Commission Steady Growth in Emerging Businesses
RMB 100MM RMB 100MM
. 9% 3. 0%
21 w th 1
o wt
h G ro
Gr
8.8%
wth
o
Gr
Internet-Finance Credit Card
Business Business
%
7. 7
w th
1
1 . 7%
G ro t h7
ow
Gr
Investment Distribution of
Banking Business Funds Business
7
7
chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Improving Cost-to-Income Efficiency
Moderate Growth in Operating Expenses Decrease in Cost-to-Income Ratio
RMB 100MM
th8.0%
w Decl
Gro ine 0
.1pps
8
8
chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Continuous Improvement of Asset Quality
Stable Decline in NPL Ratio Decline in Overdue Loans Balance and Rate
RMB 100MM RMB 100MM
Diversified Channels of
Non-Performing Assets Disposal
Bulk Transfer Restructuring
(Including Asset
Securitization)
Recovery
Offsetting Debts with
Assets
Write-offs
9
9chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Continuous Enhancement of Risk Resistence and
Compensation Capability
Prudent and Solid Loan Provision Provision Coverage Rate Remains High
RMB 100MM Unit: %
10
10chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Reinforced Achievement of “Capital-Strengthen Plan”
Capital Adequacy Ratio Sustains High Level
Issuance of Issuance of Dividend-Rate Dividend-Rate Issuance of Issuance of Issuance Plan for
RMB120 RMB120 billion Reset of RMB40 Reset of RMB40 RMB120 billion RMB40 billion RMB120 billion
billion Tier-2 Perpetual billion Preferred billion Preferred Perpetual Tier-2 Capital Perpetual Bonds
Capital Bonds Bonds Shares Shares Bonds Bonds
increased the increased the increased the increased the increased the increased the
capital Tier-1 capital Tier-1 capital Tier-1 capital Tier 1 capital capital
adequacy ratio adequacy ratio adequacy ratio adequacy ratio adequacy ratio adequacy ratio
by 0.77% Note: The increase in capital adequacy ratios in
by 0.77% by 0.26%, by 0.24%, by 0.71% by 0.24% each year is calculated based on the risk-
equivalently equivalently weighted assets by the end of each year 11
11chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Financial Performance in the First Half of 2021
Business Strategy & Development
Business Plan for the Second Half of 2021
12
12chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Corporate Business: Being a Major Bank to Serve the
Real Economy
Rapid Growth of Corporate Loans Expanding Corporate Financial Scenes
RMB 100MM % 10,000 Units
h 10.7
Growt
Number of Frequent Internet Scenes for Corporate Business
%
.2
4.16
54
The amount of frequent
th
internet scenes for corporate
w
ro
business reached 41.6
G
2.70 thousand.
Strengthening Support to Private Enterprises Serve the Key Industries of Real Economy
Loans to Private Enterprises Number of Private Enterprises Supported the major
with Outstanding Loan Balance with Outstanding Loan Balance Supported the key Promoted green
national strategies. areas of the real finance. To carry out
d To fully serve major
rease regional development
economy. Outstanding green finance specific
Inc ed loans balance of activities, promote
io n reas
bill In c strategies in Beijing- strategic emerging collaboration with
.67 sad Tianjin-Hebei region,
313 th o u industries and growing Carbon Trade
20 Guangdong-Hong modern service Exchange, accelerate
Kong-Macao region, industries, and green financial system
Yangtze River Delta manufacturing industry and brand building, the
region, Chengdu- increased by balance of green credit
Chongqing Region RMB262.1 billion and increased by
and Hainan Free trade RMB196.3billion, RMB249.0billion over
Port, and etc., 497.7 respectively, in 2021 the previous year.
billion loans were H1.
issued in 2021H1. 13 13chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Retail Business: Strengthened the Strategic
Cornerstone Position
Rapid Growth in Retail Deposits Stable Increase in Retail Loans
RMB 100MM h 7.7% RMB 100MM h 8.9%
Growt Growt
Continuous Improvement in Competitiveness of
Further Improvement in Private Banking Services
Credit Card Business
Unit: 100 million Units, RMB 10,000 Accounts, RMB 100MM
trillion 2.6% % %
0%. w th 3 4.2 10.0 18,656
12 Gro h 1
t h
th t
ow ow ow
Gr Gr Gr
16,960
Credit Card Issuance Consumption Number of Private Asset Under Management
14
Volume made by Credit Card Banking Customers by Private Banking 14chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
County Finance: Provide Comprehensive Financial
Services in Key Areas Relating to Rural Revitalization
Record Historical High Growth in County Deposits
Continuous Increase in Profit Contribution
and Loans
RMB 100MM
6.8% 11.
4%
th wth
ow Gro
Gr
27 BP Higher
38.2%
County Deposit Increment as % Deposit and loan spreads
Deposits Loans
of Bank-Wide Deposit Increment
Strengthening the Innovation of Sannong Financial
Implementation of The Digital Village Project
Products
Units; 10,000 Units
Ø Formulating opinions on developing key products for rural
0% % revitalization in 2021, determining 19 key products of Sannong,
70. 69.2
th wth 10 key products with regional characteristics for replication
w Gro
Gro and promotion, and compiling a manual for key promotion
products that serve rural revitalization.
Ø Expanding the number of Sannong product innovation bases,
and setting up 5 Sannong product innovation bases in
Shandong, Zhejiang, Xinjiang and other branches.
Ø By the end of June, the bank had 245 exclusive credit
products for rural revitalization, including 28 bank-wide
products and 217 branch characteristic products.
Signed county for rural collective Opened account of the collective- 15
"three-capital" management platform economy village organization 15chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Poverty alleviation: Pushing Forward Rural Vitalization
Based on Poverty Alleviation
Reinforcing and Expanding the Achievement of
Expansion in Loans to Poverty-Alleviated Areas
Poverty Alleviation
RMB 100MM Ø Constant and in-depth promotion of targeted assistance. Formulating
%
10.5 opinions on the targeted assistance, introducing work plan for 2021
th By the end of June, the loan
ow targeted assistance, selecting outstanding cadres, arranging special
Gr b a la n c e o f t h e 8 3 2 p o v e r t y
alleviation counties reached assistance funds, helping attract investment, training cadres from
R M B 1 4 1 7 . 3 b illio n , w it h a n targeted assistance counties, and actively building several
increase of RMB134.2billion demonstration sites for Rural Revitalization.
from previous year and an Ø Create a new situation by cooperating between the Eastern and the
increase of 10.5%, which was Western branches. Improving the coordination mechanism and
1.5 percentage points higher optimizing the coordination between the Eastern and the Western
than the average increase in branches. The Eastern branches actively integrated into the
loans of the whole bank, and cooperation of the local government between the East and the West,
134.2% of the annual new loan providing comprehensive financial services such as financing and
target was completed.
Balance of loans in key counties settlement for industrial projects, introduce projects, cultivate
for national poverty alleviation industries, and sent talents to western regions.
Significant Achievements of Financial Services in Key Areas
RMB 100MM
h1 0. 1%
Gr ow t
%
th 12. 2
row %
G th 43. 8
row %
G 2 3. 7
w th
G ro 3%
th 66.
G row
Rural Infrastructure New-Type Agricultural Corporate Loans
Rural Industrial 16
Construction Loan Entities Loan relating to Food 16
Development Loan Huinong E-Loan
Security Loanchinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Inclusive Finance: Accelerating Support to Small and
Micro Enterprises for Quality Development
Increasing Size and Variety Continuing to Ease the Situation of High Financing
in Inclusive Finance Cost for Small and Micro Enterprises
0 . 4% Unit: % 17
10,000 Units, RMB 100MM h3
wt d e b as
Gr
o 4.26 o n cr e i s p
6 . 5% - y ase o i
ea
The annualized interest rate of
t h2 r ye n t s cumulative loans was 4.09%, a
ow ar
Gr - year-on-year decrease of 17
basis points, meeting the
4.09 requirements of “two increases
and two controls ” of the China
Banking and Insurance
Regulatory. The Central Bank’s
RRR cut of inclusive loans
continued to meet the second-
tier requirement.
The Number of Inclusive Inclusive Loan to Small
Finance Customers with and MicroEnterprises Annualized Interest Rate
Outstanding Loans of Cumulative Loans
Creating an Inclusive Financial Service System
Deepened the
inclusive Improved the Continually
financial service Refined the
digital product upgraded the Constructed a
system digital risk
system of digital marketing differentiated
supported by control system
inclusive management credit policy
“Sannong + for inclusive
finance system for system
S&M Enterprises” finance
business inclusive finance
with our own business
business
features
17
17chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Green Finance: Built Leading Brand in Green Finance
through “Carbon Peak, Carbon Neutrality” Strategy
Steady Development of Green Credit Business Continuous Increase in Green Bond Investment
RMB Trillion RMB 100MM
%
1 6. 4
th
G row 4. 9
%
1
th
ow
Gr
Loan Balance of Green Credit Business Green Bond Investment
Engrain Green Concept into All Categories of Products &
Committed to Build a Green Bank Services of Investment Banking Business
RMB 100MM Ø Focusing on “carbon peak, carbon neutrality” strategy,
underwriting the first batch of carbon neutral bonds and
the first batch of sustainable development-linked bonds in
the market.
Ø Participating in funding the Hubei "Carbon Peak" Fund.
Actively participating in fund operation and project
investment as a shareholder of the National Green
Development Fund.
Ø Through Green Syndicated Loans, Green M&A Loans,
Green Bonds, etc., Providing financing over RMB120
Green Financing Provided to Enterprises
billion to enterprises, investing the fund in environmental
governance, clean energy, transportation and other fields.
18
18chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Internet Finance: Significant Achievements in Digital Services for
Real Economy, and Effective Improvements of Customer Experience
Significant Improvement in Online Customer
Rapid Growth in Online Financing
Service Capabilities
A Hundred Million Users 10,000 Users RMB Trillion
%
20.0
h 1.2 %
owt % 38
Gr 1.6 th
h
2
r ow
1.0
owt G
Gr
MAU of Mobile Banking The Number of Enterprise ABC E-Loan Balance
Users of Mobile Banking
Steady Improvement in Scene-Based Financial Continuous Improvements of Remote Intelligence
Service Capabilities and Self-service Customer Experience
10,000 Units 10,000 People-time 6,656
8% %
5. 33.3
37 th
wt
h r ow
o G
Gr
1,399
The Number of The Number of The Number of Customers Served by Customers Served by Online
Internet Scenes MAU of Mobile Financial-scene- Robots Customer Representatives 19
Banking driven Customers 19chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Comprehensive and International Service :
Continuously Improving Service Capabilities
Enhanced Cross-Border Financial Service
Rapid Growth of International Settlement
Capability
USD 100MM % USD 100MM
14.4 %
Growth
th 35.4
w
Gro
Total Assets of Overseas Institutions International Settlement Volume
Progressive Development of Cross-Border RMB Steady Development of Comprehensive Operation
Business of Subsidiaries
RMB 100MM
RMB trillion
0%
1% 10.
owth 19. wth
Gr Gro
Cross-border RMB Business Volume Total Assets of Comprehensive Operation Subsidiaries
Note: Including ABC-CA Fund, ABCI, ABC Leasing, ABC Insurance ,
ABC Investment and ABC Wealth Management 20
20chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Financial Performance in the First Half of 2021
Business Strategy & Development
Business Plan for the Second Half of 2021
21
21chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Business Plan for the Second Half of 2021
u To Become a Leading Bank in Serving Rural Revitalization
u To Make a Significant Contribution in Serving the Real Economy
u To Keep Promoting the “Ten Major Projects" of Digital Transformation
u To Promote the System & Mechanism Reform and Delicacy Management
u To Consistently Concentrate on Risk Management and Compliance
Deepen the System
Serve the Rural Serve the Real Promote the Digital Strictly Control
& Mechanism
Revitalization Economy Transformation Reform Financial Risk
22
23chinafigcsgsgh\ABC\2012 NDR\Presentation\2011年业绩推介_v03_WP.pptx
Thank You!
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