2Q2018 營運概況
Disclaimer This presentation may include forward looking statements. All statements, other than statements of historical facts, that address activities, events or developments that Taishin Financial Holding Co. Ltd. ( Taishin ) expects or anticipates will or may occur in the future are forward-looking statements. Taishin s actual results or developments may differ from those indicated by these forwardlooking statements as a result of various factors and uncertainties which are beyond our control. In addition, Taishin makes the forward-looking statements referred to herein as of today and undertakes no obligation to update these statements. 1
營運概況 1H18 金控營運概況 上半年稅後淨利 78 億元, 去年同期為 68 億元 每股淨值 12.49 元, 每股稅後盈餘 0.68 元, 年化 ROE 為 11.44% 淨利息收入 淨手續費收入及投資收益穩定成長, 帶動淨收益較去年同期成長 13.7% 淨手續費收入較去年同期成長 8.9%, 財富管理手續費收入較去年同期成長 11.2% 營業費用較去年同期增加 9.5% 金控資本適足率 111.7%, 銀行資本適足率 13.7% 1H18 銀行營運概況 上半年淨利息收入 94 億元, 較去年同期成長 4.5%, 第二季 NIM 為 1.33%, 放款較去年同期成長 6.8% 淨手續費收入 55 億元, 較去年同期成長 2.5% 營業費用 96 億元, 較去年同期增加 6.8% 逾放比 0.25%, 覆蓋率 529.8% 年化 ROE 為 9.6% 2
Agenda 2018 年上半年金控財務數字 2018 年上半年銀行獲利動能 3
金控財務數字 稅後淨利 (NT$mn) 每股盈餘 1 (NT$) 6,804 +15.0% 7,826 0.58 +17.7% 0.68 1H17 1H18 1H17 1H18 每股淨值 1 (NT$) 股東權益報酬率 1 (%) 資產報酬率 (%) 12.30 12.49 11.44 0.86 0.91 10.29 4 1H17 1H18 1H17 Note: 1. EPS, BVPS and ROE are calculated for common shares only. 1H18 1H17 1H18
金控各子公司獲利表現 NT$mn QoQ -1% QoQ +6% 639 4,018 290 104 2,985 2Q18 各子公司獲利貢獻 % 銀行 74% 證券 7% 銀行 Bank 2Q18 Securitites 證券 其他子公司 Other Holdings 金控 & 金控 FHC 2Q18 Subsidiaries other & adjustments 其他調整項 其他 18% YoY +6% YoY +15% 1,238 7,826 1H18 各子公司獲利貢獻 % 6,008 388 192 銀行 77% 證券 5% 其他 18% 5 銀行 Bank 1H18 Securitites 證券 其他子公司 Other Subsidiaries Holdings 金控 & other & adjustments 其他調整項 金控 FHC 1H18 Note 1. Other subsidiaries mainly includes Taishin Asset Management, Venture Capital Investment, Securities Investment Advisory and Securities Investment Trust. 2. Holdings & other adjustments include investment income under equity method from 22.55% stake in Chang Hwa Bank
資本與風險指標 金控資本適足率 銀行資本適足率 Tier 1 % 13.6% 13.4% 14.2% 14.2% 13.7% 116.2% 114.6% 124.9% 117.9% 111.7% 10.2% 10.1% 10.9% 10.9% 10.5% 2Q17 3Q17 4Q17 1Q18 2Q18 2Q17 3Q17 4Q17 1Q18 2Q18 2018/03 2018/06 2018/03 2018/06 雙重槓桿比率 : 債股比率 : 113.7% 115.7% 17.1% 21.6% 逾放比率 : 0.25% 0.25% 覆蓋率 : 527.7% 529.8% 備呆 / 放款比率 : 1.30% 1.33% 6
金控盈餘 NT$mn Better Worse 2Q18 vs. 1Q18 3,983 69 648 (18) 22 39 4,438 (306) 1Q18 1Q18 Pretax Earnings 稅前盈餘 淨利息 NII 收入 淨手續費 Net Fee Income 收入 Investment/ 投資 / 交易 Others 其他營業費用 Expenses Provisions, 淨提存 Net 2Q18 2Q18 Pretax Trading 稅前盈餘 Earnings 1H18 vs. 1H17 1,392 7,787 623 506 (44) (945) (898) 8,421 1H17 1H17 Pretax 稅前盈餘 Earnings 淨利息 NII 收入 淨手續費 Net Fee Income 收入 Investment/ 投資 / 交易 Others 其他 營業費用 Expenses 淨提存 1H18 Trading 稅前盈餘 7
金控淨收益結構 FHC 金控淨收益結構 Revenue Mix Historical 過去三年同期比較 Trends 1H18 淨收益 : NT$20.5bn, YoY +13.7% NT$bn 投資 / 交易收入 21.0% Trading 交易 7.2% 11.1% 其他 1.5% 8.8 YoY +6.9% 9.1 9.7 YoY +8.9% 長投 1 7.2% TMU TMU 5.0% 2.7% 淨手續費收入 30.3% 淨利息收入 47.2% 5.7 5.7 6.2 3.4 YoY +47.6% 2.9 4.3 YoY -12.3% 0.34 0.36 0.32 Note: 1. LT-Investment mainly comes from investment income of 22.55% stake in CHB under equity method 2. YoY : 1H18 vs. 1H17 1H16 1H17 1H18 1H16 1H17 1H18 1H16 1H17 1H18 淨利息 NII 收入 Fee 淨手續費 Income 收入 Investment 投資 / 交易 & Trading 收入 1H16 1H17 1H18 Others 其他 8
金控淨手續費收入 NT$mn 5,702 +8.9% 6,207 2,102 1,875 1,795 1,713 1,773 366 322 392 321 334 340 299 288 324 249 150 158 160 161 201212 255 158 91 134 123 122 112 142 120 1H17 1H18 2Q17 2Q18 2Q17 2Q18 2Q17 2Q18 2Q17 2Q18 2Q17 2Q18 2Q17 2Q18 Wealth Management Credit Card Corporate Banking Consumer Banking Taishin Securities Others 財富管理信用卡法人金融個人金融證券其他 Wealth Management Credit Card Corporate Banking Consumer Banking Securities Others QoQ : -15.6% QoQ : +7.2% QoQ : -4.9% QoQ : -2.3% QoQ : +20.0% QoQ : -15.1% YoY : +11.2% YoY : -4.8% YoY : -25.1% YoY : +7.8% YoY : +206.0% YoY : +14.1% Note: YoY : 1H18 vs. 1H17 9
金控財富管理手續費收入 財富管理手續費收入 (NT$mn) 財富管理手續費收入組合 (%) 保險基金結構型及證券商品信託, 保管及其他 保險基金結構型及證券商品信託, 保管及其他 1,713 1,875 1,795 2,102 1,773 1,286 1,373 1,293 1,551 1,279 75% 73% 72% 74% 72% 269 325 312 340 222 135 156 157 182 235 23 2Q17 21 3Q17 33 4Q17 29 1Q18 37 2Q18 13% 16% 17% 17% 16% 8% 8% 9% 13% 9% 1% 1% 2% 1% 2% 2Q17 3Q17 4Q17 1Q18 2Q18 2Q17 3Q17 4Q17 1Q18 2Q18 2Q17 3Q17 4Q17 1Q18 2Q18 10
金控營業費用率 NT$bn 營業收入 營業費用 20.5 18.0 9.3 10.1 9.6 10.1 10.5 9.9 10.9 5.0 5.4 5.9 5.4 5.4 2Q17 3Q17 4Q17 1Q18 2Q18 1H17 1H18 營業費用率 54.3% 53.0% 61.3% 54.0% 51.8% 54.9% 52.9% 11
金控主要獲利因子 NT$mn FHC 金控淨利息收入 Net Interest Income FHC 金控淨手續費收入 Net Fee Income Investment/Trading 投資 / 交易及其他收入 & Others QoQ: +1.4% YoY: +6.9% QoQ: -9.4% YoY: +8.9% QoQ: +31.5% YoY: +41.0% 4,665 4,844 4,836 4,804 4,874 2,776 2,899 2,910 3,257 2,950 1,843 2,382 1,822 2,001 2,632 2Q17 3Q17 4Q17 1Q18 2Q18 2Q17 3Q17 4Q17 1Q18 2Q18 2Q17 3Q17 4Q17 1Q18 2Q18 5,039 FHC Operating 金控營業費用 Expenses 5,364 5,867 QoQ: -0.4% YoY : +9.5% 5,438 5,416 FHC Pre-Provision 金控提存前稅前盈餘 Operating Profit 4,245 4,761 4,624 3,700 QoQ: +9.0% YoY : +18.8% 5,040 2Q17 3Q17 4Q17 1Q18 2Q18 2Q17 3Q17 4Q17 1Q18 2Q18 Note: 1. YoY : 1H18 vs. 1H17 12
Agenda 2018 年上半年金控財務數字 2018 年上半年銀行獲利動能 13
放款穩定成長 NT$bn 2Q18 總放款餘額 : NT$1,014bn, QoQ +0.7%, YoY +6.8%, YTD +3.3% 419 403 411 431 426 243 248 252 253 258 188 193 198 201 205 63 64 66 66 68 52 53 54 55 56 2Q17 2Q18 2Q17 Home Equity 2Q18 2Q17 Second Mortgage 2Q18 2Q17 2Q18 2Q17 2Q18 Corporate First Mortgages + Unsecured Others 企業放款購屋貸款房屋加值型貸款 1 消金無擔放款其他 2 Corporate First Mortgage Home Equity 1 Consumer Unsecured Others 2 QoQ: -1.0% QoQ: +2.0% QoQ: +1.9% QoQ: +2.9% QoQ: +1.6% YoY: +5.8% YoY: +6.0% YoY: +9.2% YoY: +8.0% YoY: +8.2% YTD: +3.7% YTD: +2.3% YTD: +3.8% YTD: +4.0% YTD: +2.7% 14 Note: 1. Home equity loan is in first-lien position on the property. 2. Others include auto loans, second mortgage, retail SME, and other consumer products. 3. YoY : 2Q18 vs. 2Q17
2Q18 放款結構 Loan Mix 產品別 By Product By Currency 幣別 其他 5.5% 1 消金無擔 6.7% 外幣放款 18.1% (YoY: +9.6%) 房屋加值型房貸 20.2% 購屋貸款 25.5% 企業放款 42.1% 台幣放款 81.9% (YoY: +6.2%) Note: 1. Others include auto loans, second mortgage, retail SME, and other consumer products. 2. YoY : 2Q18 vs. 2Q17 15
法金授信及消金無擔放款明細 Corporate 法金授信產業分布 Credit Composition Consumer Unsecured 消金無擔放款 Lending QoQ YoY 個人信貸 信用卡 1 +3.7% +10.1% +0.0% +3.1% 現金卡 -5.8% -22.3% 金融 & 投資業 18.3% 其他 11.8% 科技 19.7% 非科技 17.1% 製造業 36.8% 消金無擔放款 NT$bn 63.2 1.8 1.7 64.3 65.6 1.6 10.2 10.4 10.5 +2.9% +8.0% 66.3 68.2 1.5 1.4 10.5 10.5 現金卡 運輸業 & 傳播業 5.1% 零售業 & 批發業 12.1% 51.1 52.3 53.5 54.3 56.3 信用卡 1 個人信貸 不動產 & 營造業 15.9% 2Q17 3Q17 4Q17 1Q18 2Q18 Note: 1. Credit card includes credit card revolving and credit card loan. 2. YoY : 2Q18 vs 2Q17 16
存款結構 存款結構 (%) 存放比 (%) 1 NT$bn QoQ: -0.6 % YoY: + 5.9% 1,173 1,200 1,221 1,250 1,242 10.0% 10.5% 9.5% 9.8% 9.4% 外幣活存 35.2% 37.1% 36.2% 38.5% 38.2% 台幣活存 80.3% 80.8% 79.7% 79.9% 81.0% 10.8% 11.0% 12.5% 11.8% 13.0% 外幣定存 44.0% 41.5% 41.8% 39.9% 39.5% 台幣定存 2Q17 3Q17 4Q17 1Q18 2Q18 活存比 45.2% 47.6% 45.7% 48.3% 47.6% 0.0 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 1. Calculation of Loan-to-deposit ratio is based on regulator definition. 17
銀行淨利差及存放利差 淨利差 & 孳息資產均額 存放利差 淨利差 % 整體放款利率 整體存款利率 整體存放利差 1.39% 1.38% 1.35% 1.35% 1.33% 1.85% 1.82% 1.78% 1.79% 1.76% 孳息資產均額 (NT$bn) 2.52% 2.50% 2.49% 2.51% 2.53% 1,356 1,388 1,396 1,418 1,445 0.67% 0.68% 0.71% 0.72% 0.77% 2Q17 3Q17 4Q17 1Q18 2Q18 Note: 1. NIM & spread figures are quarterly average. 2Q17 3Q17 4Q17 1Q18 2Q18 18
信用卡業務 Number of 收單家數 Merchants Served Spending 簽帳金額 NT$bn +2.0% +15.8% +18.8% 119,607 122,034 +13.5% 103,323 118.4 104.3 140.6 2016.12 2017.12 2018.06 1H16 Note 1H17 1H18 1. Total spending excludes cash advance. Active 有效卡數 Cards Gross 毛手續費收入 Fee Income thousands 2,641 +10.6% 2,920 +4.6% 3,056 NT$mn 2,150 +12.7% 2,423 +13.3% 2,746 2016.12 2017.12 2018.06 1H16 1H17 1H18 19
呆帳回收 NT$mn QoQ : -6.0% YoY : -6.6% 382 449 376 399 375 20 81 18 42 17 法金 個金 362 368 358 357 357 2Q17 3Q17 4Q17 1Q18 2Q18 Note: 1. YoY : 1H18 vs. 1H17 20
銀行逾放比及覆蓋率 NPL% 逾放比 % Reserv 備抵呆帳 e to / 放款比率 loan% % NPL 逾放金額 NT$mn NT$mn Reserve 備抵呆帳 NT$mn NT$mn 0. 60% 1.35% 1.38% 1.30% 1.30% 1.33% 0.27% 0.26% 0.22% 0.25% 0.25% -0. 40% 12,700 13,330 12,633 12,975 13,390 2,511 2,514 2,459 2,528 2,183-1. 40% -1. 40% 2Q17 3Q17 4Q17 1Q18 2Q18 覆蓋率 % 505.9% 530.2% 578.7% 527.7% 529.8% 21 Note: NPL%, coverage%, NPL amount and reserve amount exclude A/R.
22 APPENDIX
Balance Sheet of Taishin Holding and its subsidiaries as of Jun. 30, 2018 NT$mn Taishin Bank (Consolidated) Taishin Securities (Consolidated) Others Subsidiaries Holding & Other Adjustments Taishin Holding (Consolidated) Assets Cash & due from banks 84,800 689 2,968 (609) 87,848 Securities, net 405,516 17,127 2,436 3 425,082 Loans, net 991,875 0 0 0 991,875 A/R, net 132,859 12,292 10,350 950 156,451 Long-tern investment, net 525 0 158 38,146 38,829 Land, premises and equipments, net 18,380 289 214 6 18,889 Others 26,578 1,995 2,679 (1,013) 30,239 Total Assets 1,660,533 32,392 18,805 37,483 1,749,213 Liabilities Deposits 1,217,677 0 0 (1,314) 1,216,363 Other Liabilities 316,134 24,665 12,319 24,937 378,055 Total Liabilities 1,533,811 24,665 12,319 23,623 1,594,418 Miniority interests 240 0 0 (106) 134 Total Stockholders' equity(incl. non-controlling) 126,722 7,727 6,486 13,860 154,795 Total liabilities and stockholders' equity 1,660,533 32,392 18,805 37,483 1,749,213 23
P&L of Taishin Holding and its subsidiaries for the period ended Jun. 30, 2018 NT$mn Taishin Bank (Consolidated) Taishin Securities (Consolidated) Others Subsidiaries Holding & Other Adjustments Taishin Holding (Consolidated) Operating income Net interest income 9,357 124 420 (223) 9,678 Net fee income 5,546 469 232 (40) 6,207 Long-tern investment income 25 0 9 1,470 1,504 Net trading income(loss) & Derivatives & FX 2,369 503 (58) 0 2,814 Others income(loss) 231 15 150 (81) 315 Total operating income 17,528 1,111 753 1,126 20,518 Operating expenses (9,621) (676) (506) (51) (10,854) Credit loss provisions, net (1,249) (8) 14 0 (1,243) Profit before income tax 6,658 427 261 1,075 8,421 Net profit after income tax 6,008 388 192 1,238 7,826 24
Financial Summary Taishin FHC (Consolidated) NT$mn, except for percentages Full-Year Comparison Half-Year Comparison Quarterly Comparison Income Statement Data 2016 2017 change 1H17 1H18 change 1Q18 2Q18 change Interest income 29,082 30,621 5.3% 14,728 16,459 11.8% 8,024 8,435 5.1% Interest expense (11,078) (11,886) 7.3% (5,673) (6,781) 19.5% (3,220) (3,561) 10.6% Net interest income 18,004 18,735 4.1% 9,055 9,678 6.9% 4,804 4,874 1.5% Net fee income 11,011 11,510 4.5% 5,702 6,207 8.9% 3,257 2,950-9.4% Other income 7,136 7,557 5.9% 3,284 4,633 41.1% 2,001 2,632 31.5% Total revenue 36,151 37,802 4.6% 18,041 20,518 13.7% 10,062 10,456 3.9% Operating expense (19,831) (21,141) 6.6% (9,909) (10,854) 9.5% (5,438) (5,416) -0.4% Provisions, net (3,350) (1,851) -44.7% (345) (1,243) 260.3% (641) (602) -6.1% Net Income before Income Tax 12,970 14,810 14.2% 7,787 8,421 8.1% 3,983 4,438 11.4% Tax Expense (1,578) (1,740) 10.3% (975) (595) -39.0% (175) (420) 140.0% Net Income after Tax 11,392 13,070 14.7% 6,812 7,826 14.9% 3,808 4,018 5.5% Net Income to Parent Company 11,399 13,061 14.6% 6,804 7,826 15.0% 3,808 4,018 5.5% Net Income to Non-controlling Interests (7) 9 228.6% 8 0-100.0% 0 0 - Net Income 11,392 13,070 14.7% 6,812 7,826 14.9% 3,808 4,018 5.5% EPS(NT$) 1 1.05 1.10 4.8% 0.58 0.68 17.7% 0.33 0.35 6.9% Balance Sheet Data Total Assets 1,576,986 1,677,520 6.4% 1,596,630 1,749,213 9.6% 1,735,395 1,749,213 0.8% Shareholders' Equity(incl. Non-controlling) 148,876 155,322 4.3% 149,233 154,795 3.7% 157,638 154,795-1.8% Shareholders' Equity-Common Stock 116,181 123,016 5.9% 117,711 124,717 6.0% 126,353 124,717-1.3% Summary Ratios Equity/Assets 9.44% 9.26% 9.35% 8.85% 9.08% 8.85% Return on average assets 0.74% 0.80% Return on average equity 2 9.58% 9.61% Note 1. EPS has been retroactively adjusted with 4.43% of stock dividend in August 2018. 2. Common shares only. 25
Financial Summary Taishin Bank 26 NT$mn, except for percentages Full-Year Comparison Half-Year Comparison Quarterly Comparison Income Statement Data 2016 2017 Change 1H17 1H18 Change 1Q18 2Q18 Change Interest income 27,769 29,420 5.9% 14,229 15,620 9.8% 7,623 7,997 4.9% Interest expense (10,211) (11,016) 7.9% (5,273) (6,263) 18.8% (2,966) (3,297) 11.2% Net interest income 17,558 18,404 4.8% 8,956 9,357 4.5% 4,657 4,700 0.9% Net fee income 10,460 10,733 2.6% 5,410 5,546 2.5% 2,939 2,607-11.3% Other income 1 4,083 4,042-1.0% 1,596 2,625 64.5% 1,055 1,570 48.8% Total revenue 32,101 33,179 3.4% 15,962 17,528 9.8% 8,651 8,877 2.6% Operating expense (17,881) (19,029) 6.4% (9,009) (9,621) 6.8% (4,840) (4,781) -1.2% Net Provisions 1 (3,137) (1,842) -41.3% (350) (1,249) 256.9% (640) (609) -4.8% Net income before income tax 11,083 12,308 11.1% 6,603 6,658 0.8% 3,171 3,487 10.0% Net income after tax 9,549 10,578 10.8% 5,654 6,008 6.3% 3,023 2,985-1.3% Balance Sheet Data Gross loans 2 890,968 972,870 9.2% 941,735 1,005,858 6.8% 998,441 1,005,858 0.7% Credit revolving loans 10,158 10,305 1.4% 9,915 10,306 3.9% 10,291 10,306 0.1% NPL 2,360 2,183-7.5% 2,511 2,528 0.7% 2,459 2,528 2.8% Allowance for Loan losses 12,946 12,633-2.4% 12,700 13,390 5.4% 12,975 13,390 3.2% Total assets 1,518,251 1,598,886 5.3% 1,534,295 1,660,533 8.2% 1,651,591 1,660,533 0.5% Deposits 3 1,111,344 1,194,636 7.5% 1,144,714 1,216,168 6.2% 1,223,942 1,216,168-0.6% Shareholders' equity 120,274 124,740 3.7% 119,881 126,722 5.7% 128,136 126,722-1.1% Summary Ratios Loan-to Deposit Spread 1.93% 1.83% 1.85% 1.78% 1.79% 1.76% Net interest margin 1.42% 1.37% 1.38% 1.34% 1.35% 1.33% Net fee income / Total revenue 32.6% 32.4% 33.9% 31.6% 34.0% 29.4% Cost-to-Income ratio 55.7% 57.4% 56.4% 54.9% 55.9% 53.9% NPLs / Gross loans 0.26% 0.22% 0.27% 0.25% 0.25% 0.25% Allowance / Gross loans 1.45% 1.30% 1.35% 1.33% 1.30% 1.33% Allowance / NPLs 548.5% 578.7% 505.9% 529.8% 527.7% 529.8% Loan to deposit ratio 4 78.2% 79.7% 80.3% 81.0% 79.9% 81.0% Equity / Assets 7.9% 7.8% 7.8% 7.6% 7.8% 7.6% Return on average assets(annualized) 0.64% 0.68% 0.74% 0.74% 0.75% 0.74% Return on average equity(annualized) 5 9.09% 8.63% 9.40% 9.56% 9.57% 9.50% Note: 1. Gain on collection of nonperforming loans figures are adjusted including in provision for credit losses from 2012 for auditing bases. 2. Gross loans exclude credit card revolving and factoring NR but include over-due loans. 3. Deposits exclude postal deposits and interbank deposits. 4. Calculation of loan-to-deposit ratio is based on regulatory definition. 5. Return on net equity(roe) calculated as income after tax (annualized) divided by average net equity for auditing bases.
Deposit Mix NT$bn 2Q17 3Q17 4Q17 1Q16 2Q16 % 2Q18 vs 1Q18 2Q18 vs 2Q17 Current Deposits 529.8 571.1 558.5 603.8 590.9 47.6% -2.1% 11.5% Checking 5.4 5.4 6.8 8.1 6.7 0.5% -17.0% 25.0% Demand 116.0 137.3 131.8 148.6 139.3 11.2% -6.2% 20.1% Current Savings 291.4 302.9 303.4 324.9 328.7 26.5% 1.2% 12.8% Foreign Currency 117.1 125.5 116.6 122.2 116.2 9.4% -4.9% -0.7% Time Deposits 643.0 628.8 662.8 646.6 651.5 52.4% 0.8% 1.3% Time 208.2 187.6 207.0 192.8 185.7 15.0% -3.6% -10.8% Time Savings 280.6 284.1 278.2 281.1 279.6 22.5% -0.5% -0.3% Interbank 1 27.2 25.7 25.5 25.2 24.9 2.0% -1.0% -8.4% Foreign Currency 127.0 131.4 152.2 147.5 161.2 13.0% 9.2% 26.9% Total Deposits (excl. structured deposit) 1,172.8 1,199.9 1,221.4 1,250.3 1,242.4 100.0% -0.6% 5.9% Total Deposits (incl. structured deposit) 1,214.7 1,240.0 1,262.2 1,295.2 1,294.5-0.1% 6.6% Note: 1. Including postal deposits 2. Outstanding balance 27
Loan Mix NT$bn 2Q17 3Q17 4Q17 1Q18 2Q18 % 2Q18 vs 1Q18 2Q18 vs 2Q17 Corporate Loans 403.0 419.0 411.2 430.8 426.3 42.1% -1.0% 5.8% Consumer Loans 546.1 557.6 569.8 575.6 587.2 57.9% 2.0% 7.5% First Mortgage 243.4 247.7 252.2 253.1 258.1 25.5% 2.0% 6.0% Home Equity 187.9 192.7 197.7 201.3 205.1 20.2% 1.9% 9.2% Unsecured Loans 1 63.2 64.3 65.6 66.3 68.2 6.7% 2.9% 8.0% - Good Bank 61.6 62.9 64.3 65.0 67.1 6.6% 3.1% 8.9% - Bad Bank 1.6 1.5 1.4 1.3 1.2 0.1% -7.2% -25.5% Other Consumer Loans 51.6 52.9 54.3 54.9 55.8 5.5% 1.6% 8.2% - Auto Loan 39.7 41.2 42.5 43.3 44.1 4.3% 1.8% 10.9% - Second Mortgage 5.7 5.6 5.3 5.2 5.0 0.5% -4.1% -12.8% - Others 6.1 6.2 6.5 6.4 6.7 0.7% 5.0% 9.8% Total Loans 949.0 976.6 981.0 1006.4 1013.6 100.0% 0.7% 6.8% Note: 1. Unsecured loans include cash card, credit card revolving & loan products and personal lending. 28
NPL Ratios by Loan Book Jun 17 Sep 17 Dec 17 Mar 18 Jun 18 Corporate Loan 1 NPL % 2 0.33% 0.30% 0.23% 0.25% 0.24% Consumer Loan 1 NPL % 2 0.23% 0.24% 0.24% 0.25% 0.27% - First Mortgage Loan NPL % 0.19% 0.22% 0.22% 0.20% 0.23% Consumer Unsecured IDRP Default % 3 0.03% 0.03% 0.02% 0.03% 0.04% NPL % 0.76% 0.66% 0.85% 0.77% 0.83% Note 1. NPL for corporate loan and overall consumer loan includes AR. 2. NPL calculation is NPL (including AR) / (total loan + overdue loan + credit card revolving). 3. IDRP monthly default rate is calculated as (current month default OS / last month pay). 29