BIMB Integrated Annual Report 2017

KEY OUTCOMES (refer to page 38) KEY OUTPUTS INVESTING COMMUNITY • Increase in share price by 4.27% • Market capitalisation of RM7.2 bil as at end December 2017 (RM6.7 bil as at end December 2016) • RM229.3 mil dividend paid out (2017) • Dividend yield of 3.2% • DRP subscription rate of 90.88% Note: – Return on equity (after tax) of 15.4% highest among the listed banking conglomerates – Share price of RM4.40 as at end December 2017 (RM4.22 as at end December 2016) – Net assets per share of RM2.77 – Price to book of 1.5x – Earnings per share of 37.94 sen – Price earning multiple of 11.6x CUSTOMERS BANK ISLAM TAKAFUL MALAYSIA BIMB SECURITIES • Serves more than 4.3 mil depositors and more than 700,000 financing customers • 12 investment funds under BIMB Investment • First to introduce ESG & Shariah- compliant funds in collaboration with Arabesque • TAP as a financial inclusion platform • Strategic partnership with Cognizant for enhancing digital initiatives • Serves more than 3 mil customers with 23% market share • First in the industry to consistently offer 15% Cash Back , with RM230 mil paid out since 2009 • Claim benefit payment of RM907 mil • Introduction of BISOnline 2.0 trading platform • Introduction of end-to-end Shariah investing through Bursa Malaysia-i • Distribution and sharing of investment research and stock analysis to 35 Institutional Clients • Daily market updates and Market Insights via Telegram, Whatsapp and Facebook to more than 7,000 Retail Clients SUBSIDIARIES REVENUE PROFIT (before tax and zakat) DIVIDEND PAID OUT Bank Islam RM3.0 bil RM767.1 mil RM266.5 mil Takaful Malaysia RM2.1 bil RM253.7 mil RM98.5 mil BIMB Securities RM14.4 mil RM2.1 mil – • Sustained strong capital adequacy • RM27.6 mil in bancatakaful income generated for Bank Islam THE INDUSTRY ISLAMIC BANKING • One of the founding members of Community-of-Practitioners for Value-Based Intermediation • Driving the growth of Investment Account • Spearheading the development of Waqf with the states’ religious authorities • Facilitating the social finance agenda through Sadaqa House • Introduction of ESG & Shariah-compliant funds • Contribution of Islamic finance textbooks in collaboration with Malaysian Institute of Accountants TAKAFUL • Market leader in adoption of digital technology in driving product innovations and distribution capability STOCKBROKING • Promoting awareness of Shariah investment through Jom Labur Shariah EMPLOYEES • Participation in work-life balance activities • RM648.7 mil paid in employee remuneration • More than 198,965 training hours achieved for employees • More than 70 new employment opportunities created • Average retention rate of 97.3% for BHB Group • Commitment to workforce diversity THE SOCIETY & COMMUNITY • More than RM523.6 mil of financing under the responsible financing initiatives as at December 2017 • More than 24,500 beneficiaries under CSR and Zakat initiatives • RM268.2 mil paid in corporate taxes ( RM48.3 mil paid in GST) • Reduction in electricity usage – Decreased by 4% (Bank Islam HQ office) – Decreased by 5.5% (Takaful Malaysia) • Reduction in paper consumption – Decreased by 8.1% (Bank Islam HQ office) – Decreased by 3.8% (Takaful Malaysia) • 232 SL1M trainees absorbed since 2014 STRATEGIES DRIVEN BY SUBSIDIARIES (refer to our ‘Management’s Discussion & Analysis’ section) Financial Technology Regulatory Framework OUR PRODUCTS & SERVICES BANK ISLAM MALAYSIA BERHAD • Deposit & Investment Accounts • Consumer Financing • Business and SME Financing • Asset-based Financing • Project and Infrastructure Financing • Trade Finance • Wealth Management & BancaTakaful • Treasury Services • Cash Management Solutions • Credit & Debit Cards • Ar-Rahnu BIMB SECURITIES SDN BHD • Shariah Securities Dealing • Investment Research • Nominee/Custodian Services • Corporate Advisory • Underwriting and Placement • Shariah Advisory SYARIKAT TAKAFUL MALAYSIA BERHAD • Mortgage, Business & Personal Financing Protection • Medical, Term & Personal Accident Coverage • Employee Benefits Scheme • Motor Vehicle Coverage • Home Protection/Fire & Property Coverage • Engineering, Contractor & Liability Coverage • Workmen’s Compensation & Foreign Worker Scheme • Miscellaneous Coverage Overview 21 st AGM Information Sustainability Performance Data Shareholders Information Financial Statements Accountability Management Discussion & Analysis Value Creation 17