BCHB GROUP NINE MONTHS 2008 RESULTS Investor Presentation November - - PowerPoint PPT Presentation

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November 2008

BCHB GROUP NINE MONTHS 2008 RESULTS

Investor Presentation

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(RM mil) 9M07 9M08 Y-o-Y Net interest income 3,266 3,374 3.3% Non interest income 3,045 2,468 (18.9%) Gain on disposal of subsidiaries 715 18 (97.5%) Operating income 7,026 5,860 (16.6%) Loan provisions (1,011) (532) (47.4%)

• Specific

(862) (318) (63.2%)

• General

(149) (214) 44.3% Other provisions 35 (29) 182.1% Overhead expenses (3,117) (3,028) (2.8%) PBT^ 2,947 2,268 (23.1%) Net profit 2,308 1,633 (29.2%) Net profit * 1,592 1,616 1.5% EPS (sen)* 48.0 48.3 0.6% ROAE* 15.6% 13.7% (12.2%)

9M08 Earnings Summary

^ Includes share of profit of jointly controlled / associated companies * Excludes gain on disposal of subsidiaries

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(RM mil) 3Q07 3Q08 3Q08v3Q07 2Q08 3Q08 3Q08v2Q08 Net interest income 1,092 1,148 5.2% 1,104 1,148 4.0% Non interest income 738 535 (27.5%) 1,036 535 (48.4%) Gain on disposal of subsidiaries 628

• (100.0%)

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• (100.0%)

Operating income 2,458 1,683 (31.5%) 2,158 1,683 (22.0%) Loan provisions (358) (168) (53.2%) (175) (168) (4.5%)

• Specific

(259) (112) (56.9%) (64) (112) 72.6%

• General

(99) (56) (43.6%) (111) (56) (49.5%) Other provisions 62 (16) 126.3% (5) (16) 223.8% Overhead expenses (965) (930) (3.7%) (1,035) (930) (10.2%) PBT^ 1,205 572 (52.5%) 947 572 (39.6%) Net profit 1,032 448 (56.6%) 650 448 (31.1%) Net profit * 403 448 11.1% 632 448 (29.2%) EPS (sen)* 12.0 13.5 12.5% 18.8 13.5 (28.2%) ROAE* 11.2% 11.4% 1.8% 16.5% 11.4% (30.7%)

3Q08 Earnings Summary

^ Includes share of profit of jointly controlled / associated companies * Excludes gain on disposal of subsidiaries

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Excludes gain on disposal of subsidiaries * Amounts denoted in RM million ** Annualised quarter (respectively)

3Q08 Financial Contribution

Operating income* PBT* Net profit* ROAE**

408 447 529 660 403 486 535 632 448 494 592 739 916 577 739 749 929 572 1,663 2,188 2,016 2,465 1,830 1,980 2,019 2,140 1,683 3Q06 4Q06 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08

11.4% 16.5% 13.6% 13.0% 11.2% 19.1% 17.4% 15.8% 15.4%

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Contribution by Entity – Lower Overseas Contribution

CIMB Universal Bank 9M08 PBT (RM mil) 9M08 %

• f PBT

Bank 1,614 81% Islamic 71 4% Investment Bank 156 8% CIMB-GK 3 0% Asset Management 35 2% Insurance (24) (1%) Others 135 7% (RM mil) CIMB Universal Bank Bank Niaga BCHB BCHB Group Revenue 5,003 867 (10) 5,860 Profit/ (loss) before tax 1,990 296 (18) 2,268 Net profit 1,497 133 3 1,633

Overseas / Domestic share of PBT

85% 15% Domestic Overseas 85% 15%

CIMB-GK & Overseas branches Bank Niaga

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Revenue by Segment

* Includes share or profit of jointly controlled/ associated companies

(RM mil) 2Q08 3Q08 Q-o-Q 9M07 9M08 Y-o-Y Consumer Banking Corporate & Investment Banking Treasury & Investments GAM & Insurance Niaga Other income 837 476 458 69 289 11 869 360 106 40 293 15 4% (24%) (77%) (42%) 1% 36% 2,295 1,611 1,230 338 900 (63) 2,491 1,313 985 162 867 24 9% (19%) (20%) (52%) (4%) 139% Total income 2,140 1,683 (21%) 6,311 5,842 (7%) Loan provisions Other provisions (incl. impairment) Overhead expenses (175) (5) (1,035) (168) (16) (930) (4%) 224% (10%) (1,011) 35 (3,117) (532) (29) (3,028) (47%) (182%) (3%) PBT * 929 572 (38%) 2,232 2,250 1% Net profit 632 448 (29%) 1,592 1,616 1%

Excludes gain on disposal of subsidiaries

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Estimated PBT by Segment

PBT (after Head Office cost allocation) 3Q07 2Q08 3Q08 9M07 9M08 RM mil % of PBT RM mil % of PBT RM mil % of PBT RM mil % of PBT RM mil % of PBT Consumer Banking Corporate & Investment Banking Treasury & Investments GAM & Insurance Niaga 47 267 146 35 82 8% 46% 26% 6% 14% 234 204 363 23 105 25% 22% 39% 3% 11% 231 180 89 (21) 93 40% 32% 16% (4%) 16% (36) 829 991 153 295 (1%) 37% 44% 7% 13% 512 631 799 12 296 23% 28% 36% 0% 13% Total PBT 577 100% 929 100% 572 100% 2,232 100% 2,250 100% Net profit 403

• 632
• 448
• 1,592
• 1,616
• Excludes gain on disposal of subsidiaries

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Consolidated Balance Sheet Changes

(RM mil) 30th Sep 07 30th June 08 30th Sept 08 Y-o-Y Q-o-Q Cash & short term funds Securities purchased under resale agreements Deposits & placements with financial institutions Securities held for trading Securities available for sale Securities held to maturity Loans, advances & financing Other assets 22,304 3,473 7,607 12,935 10,621 2,921 95,938 19,125 31,700 2,674 6,056 14,578 9,551 4,583 103,229 18,536 33,011 2,038 2,411 17,166 11,077 5,398 106,572 17,802 48% (41%) (68%) 33% 4% 85% 11% (7%) 4% (24%) (60%) 18% 16% 18% 3% (4%) Total assets 174,924 190,907 195,475 12% 2% Deposits from customers Deposits & placements of banks and other FI Obligations on securities sold under REPOs Other borrowings Other liabilities 120,199 10,473 261 4,665 23,680 136,842 10,853 599 4,924 20,996 141,954 10,972 407 4,431 20,671 18% 5% 56% (5%) (13%) 4% 1% (32%) (10%) (2%) Total liabilities 158,978 174,214 178,435 12% 2% Shareholders’ funds 14,785 15,599 15,895 8% 2% Total liabilities & equity 174,924 190,907 195,476 12% 2% NTA per share 2.87 3.18 3.28 14% 3% Book value per share 4.39 4.68 4.78 9% 2%

Domestic retail deposits grew by 23.6% over the year Domestic net loans grew 8.4% y-o-y driven by Retail (↑14.7%) loans whilst Niaga net loans up 27.4%

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* In RM terms, 26% y-o-y growth Products / Divisions Gross loans as at 30th Sep 07 (RM bil) Gross loans as at 30th Jun 08 (RM bil) Gross loans as at 30th Sep 08 (RM bil) Y-o-Y loans growth Consumer Banking 53.5 58.8 60.4 12.9%

Mortgages

18.0 21.5 23.0 27.8%

• Of which

performing

16.1 19.9 21.4 33.0%

HP

11.0 11.5 11.4 3.0% Credit cards 2.1 2.5 2.6 25.0% CIMB Xpress 0.4 0.6 0.7 63.5% Business 14.3 14.0 13.9

• 2.9%

Corporate & Investment 33.8 33.0 33.9 0.4% Niaga (IDR bil)* 36,558 46,438 47,930 31.1%

Gross Loans grew 10.5% over the year

RM101.2 bil RM111.9 bil RM0.9 bil

9M 07 9M08 Gross loans Write-offs

11.5% 10.5%

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Deposits Grew 18% Over the Year

Divisions / Products 30th Sep 07 (RM bil) 30th Jun 08 (RM bil) 30th Sep 08 (RM bil) Y-o-Y growth Retail 29.0 33.5 35.8 23.6%

• Current

3.7 4.2 4.1 11.6%

• Savings

7.7 8.6 9.2 19.2%

• Fixed & structured

deposits 17.6 20.7 22.5 28.1% Business 16.3 17.9 17.8 9.6% Corporate & Treasury 60.7 68.2 70.1 15.5% Bank Niaga (IDR bil) * 38,216 49,089 50,493 32.1% * In RM terms, 28% y-o-y growth

RM 120.2 bil RM142.0 bil

9M07 9M08 18%

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Better Asset Quality Ratios Again

76.6% 71.9% 74.2% 69.3% 51.5% 54.2% 54.9% 55.8% 57.5% 59.0% 61.0% 55.2% 65.1% 9.5% 9.8% 9.0% 8.7% 8.8% 8.8% 9.1% 8.6% 7.9% 7.2% 7.1% 6.5% 6.2% 3.1% 3.3% 3.8% 5.5% 5.5% 5.9% 5.7% 6.1% 6.2% 6.0% 5.1% 4.5% 3.7%

10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 3Q'05 4Q'05 1Q'06 2Q'06 3Q'06 4Q'06 1Q'07 2Q'07 3Q'07 4Q'07 1Q'08 2Q'08 3Q'08

2.5% 4.5% 6.5% 8.5% 10.5% 12.5% 14.5%

Loan Loss Coverage Gross NPL Ratio Net NPL Ratio

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BCHB Holding Company RM mil 3Q08 2Q08 Investment in subsidiaries 11,439 11,429 External debt & borrowings 3,770 3,255 Share capital 3,371 3,371 Reserves 6,368 6,267 Gearing ratio

38.7% 33.8%

Double leverage ratio

117.5% 118.6%

RWCR - Bank

• IB

14.2% 37.9% 14.4% 47.4%

** Share buy backs… 48.507 mil BCHB shares bought back from 22 Jan 2008 to 30 Sep 2008 at average price of RM9.24 worth RM 448 million

Gearing and Double Leverage at Target Levels

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BCHB: Operating Expenses

(RM ‘mil) 2Q08 3Q08 Q-o-Q 9M07 9M08 Y-o-Y Personnel 499 468 (6%) 1,612 1,495 (7%) Establishment 222 192 (14%) 626 617 (1%) Marketing 69 76 11% 180 201 12% Admin & general 245 194 (21%) 699 715 2% Total costs 1,035 930 (10%) 3,117 3,028 (3%)

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Key Ratios

(%) 4Q07 1Q08 2Q08 3Q08 ROAE 13.0 13.6 16.5 11.4 Net interest margin* (excl. IIS) 2.3 2.3 2.2 2.3 Fee income/ total income 17.1 15.0 20.1 21.5 Non-interest income/ total income 55.5 44.8 48.8 31.8 Cost/ income 56.1 52.7 48.0 55.2 Loan loss coverage 69.3 71.9 74.2 76.6 Gross NPL ratio 7.2 7.1 6.5 6.2 Net NPL ratio 3.8 3.7 3.3 3.1 Average shareholders’ funds 14,998 15,803 15,752 15,651 Double leverage (Company) 116.0% 117.6% 118.6% 117.5% In line with 115% - 120% DL target

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BCHB GROUP : 9M08 RESULTS

MALAYSIAN CONSUMER BANK

16 (RM mil) 2Q08 3Q08 3Q08 vs. 2Q08 9M07 9M08 9M08 vs. 9M07 Net interest/financing income 653 681 4% 1,815 1,956 8% Non interest income 184 188 2% 480 535 11% Total income 837 869 4% 2,295 2,491 9% Overheads (direct + head

• ffice allocation)

Loan provisions (523) (78) (548) (89) 5% 14% (1,681) (653) (1,688) (294) 0.4% (55%) PBT* 234 231 (1%) (36) 512 1,522% Loan loss charge 0.13% 0.15% 11% 1.22% 0.49% (60.0%)

* Includes share or profit of jointly controlled companies

Consumer Bank Shows Significant Turnaround on Year

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Consumer Market Shares Improve In Preferred Areas

Market shares 30th Sep 2008 30th June 2008 31st Mac 2008 Ranking Mortgages 11.7% 11.3% 10.8% 3 HP 10.7% 11.1% 11.5% 4 Credit cards - by loan base

• card base

10.6% 9.8% 10.3% 9.4% 9.7% 8.8% 3 Retail deposits * 8.9% 8.9% 8.8% 4 SME loan 12.4% 12.5% 12.5% 3

*Excludes structured deposit as per BNM’s definition

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Sales fell in September 08 in line with operating environment…

100 200 300 400 500 600 700 800 900 RM'mil Housing Business Premises

Retail Loans – Housing Loans and Business Premises Loans

SP Day 1

Avg Housing Loan size: RM169,000 RM203,000

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Other Consumer Indicators (1)

Wealth Management 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 (RM mil) Unit Trust 83 510 219 154 65 540 188 Banca Sales 26 40 34 61 53 64 56 Structured Product 641 199 428 345 673 49 145 FD Freedom 31 48 23 10 4 10

• Max InvestSave
• 0.8

Total Sales 781 798 704 570 795 663 390

Business Banking Division - Total Loans Approved (RM mil)

2033 1314 1187 1570 1366 3Q07 4Q07 1Q08 2Q08 3Q08

New & Enhancement CIMB Express - Total Disbursed (RM 'mil)

116.6 94.2 92.4 131.7 146.4 3Q07 4Q07 1Q08 2Q08 3Q08

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Other Consumer Indicators (2)

% OTC vs. SST

16% 15% 18% 14% 14% 16% 14% 16% 14% 15% 15% 14% 12% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19%

CIMB Clicks - Customer Base and Utilisation Growth

47 234 81 114 234 70 307 110 125 301 55 367 151 174 356 42 408 326 211 402 56 500 368 254 458 75 575 428 299 533 78 695 625 378 610

• 200

400 600 800 First time login (Qtrly) Bill payment (Qtrly) Prepaid reload transactions (Qtrly) IBG transactions (Qtrly) Total CIMB Clicks customers (YTD)

RM'000

Mar-07 Jun-07 Sep-07 Dec-07 Mar-08 Jun-08 Sep-08

Average Product Holding Across Retail Upper Mass Mass Affluent Jan-08 3.86 2.62 Feb-08 3.93 2.63 Mar-08 3.97 2.65 Apr-08 4.00 2.67 May-08 4.06 2.70 Jun-08 4.13 2.72 Jul-08 4.16 2.74 Aug-08 4.16 2.73 Sep-08 4.16 2.74

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AUM

22,000 24,000 26,000 28,000 30,000 32,000 34,000 36,000 38,000 Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08

RM'mil

Deposits * Unit Trust Structured Products

Structured Products 892 1,453 1,534 1,530 1,734 1,726 1,872 2,072 2,126 2,144 2,081 2,392 2,355 2,899 2,997 2,979 2,924 2,904 2,974 3,034 3,066 Unit Trust 622 597 585 625 642 763 1,068 1,070 1,218 1,240 1,144 1,165 1,125 1,139 1,101 1,160 1,093 1,575 1,643 1,655 1,667 Deposits * 25,412 25,545 25,507 25,592 25,522 25,607 25,751 26,043 26,376 26,748 27,102 27,697 28,456 29,261 29,086 29,540 29,712 29,801 29,954 30,231 31,560 Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08

* Deposits include both conventional & Islamic but excluding foreign currency accounts

Retail Banking Assets Under Management

• Total AUM grew 16.1% from Dec 07, major contributor from Deposits and Structured Products

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Credit Cards Continue to Surge

Average Monthly Branch Card Applications Cards FY06 6,865 FY07 25,364 1Q08 60,181 2Q08 51,799 3Q08 37,714 Card base (RM '000)

874 948 1,013 1,053

200 400 600 800 1,000 1,200

FY07 1Q08 2Q08 3Q08

Card Spending (RM 'mil)

1,798 1,865 2,069 2,261 500 1,000 1,500 2,000 2,500 4Q07 1Q08 2Q08 3Q08

NPL Ratio

2.7% 2.7% 2.4% 2.6%

2.2% 2.3% 2.4% 2.5% 2.6% 2.7% 2.8%

FY07 1Q08 2Q08 3Q08

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HP Business in 3Q08 Remain Steady, Asset Quality Continue to Improve

HP Key Themes

• Disbursement fall marginally in 3Q08 by 1%

(RM748m in 2Q08 to RM739m in Q308)… Financing of new National cars, Toyota and Nissan contributed above 60% of the total financing for new cars

• CIMB has held firm on rates, impairing sales

for now

Auto Finance Loan Disbursed As At 2Q08 (RM million)

129.2 146.2 174.7 173.3 196.2 173.5 160.0 171.7 133.0 229.8 250.3 245.1 253.0 257.9 228.2 253.0 0.0 50.0 100.0 150.0 200.0 250.0 300.0 Jun- 07 Jul-07 Aug- 07 Sep- 07 Oct- 07 Nov- 07 Dec- 07 Jan- 08 Feb- 08 Mar- 08 Apr- 08 May- 08 Jun- 08 Jul-08 Aug- 08 Sep- 08

Repossessed Vehicle Stock

3,754 2,758 3,538 2,280 2,747 2,825 2,896 3,105 3,104 3,084 2,862 3,567 3,132 3,281 3,575

3,681

1,000 2,000 3,000 4,000 Units

Closing Stock NPL Trend

3.6% 4.3% 4.1% 5.9% 5.4% 5.5% 4.9% 4.9% 5.2% 5.2% 4.6% 4.3% 4.8% 4.7% 5.4% 5.9% 1.4% 1.5% 1.4% 1.6% 1.7% 1.8% 2.0% 2.2% 2.3% 2.2% 2.2% 2.4% 2.7% 2.7% 2.8% 2.7%

2,000 4,000 6,000 8,000 10,000 12,000 14,000

Jun- 07 Jul- 07 A ug- 07 Sep- 07 Oct- 07 N

• v-

07 D ec- 07 Jan- 08 Feb- 08 M ar- 08 Apr- 08 M ay- 08 Jun- 08 Jul- 08 A ug- 08 Sep- 08

RMmil

Loan Base Gross NPL Net NPL Gross NPL % Net NPL %

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CIMB Islamic Business is Gaining Momentum too

• Why Wait outstanding as at 30 Sept 2008 is

RM1.94 billion

• Credit card launched on 17 Oct 2008

Ranking of Total Islamic Assets Total Islamic Assets Total Assets RM mil MIBB 26,925 Bank Islam 23,559 CIMB Islamic 16,669 PBB-i 14,754 Muamalat 13,217

FY08 Islamic Corporate Assets & Liabilities

641 692 726 557 772 439 426 718 1,310

9,194 9,219 9,161 10,040 8,855 8,175 8,166 7,874 6,923

2000 4000 6000 8000 10000 12000 Jan Feb Mar Apr May Jun Jul Aug Sep RM Mil Corporate Assets Corporate Liabilities

FY08 Islamic Consumer Assets & Liabilities

1,668 1,818 1,918 1,972 2,163 2,242 2,444 2,603 2,788

2,807 2,624 2,572 2,474 2,328 2,216 2,062 2,118 1,754

1,000 2,000 3,000 4,000 5,000 6,000 Jan Feb Mar Apr May Jun Jul Aug Sep RM Mil Consumer Assets Consumer Liabilities

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Vintage Analysis Indicates Better Asset Quality

HOUSING LOAN NPL TREND BY VINTAGE (AMT)

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% OsBal6 OsBal12 OsBal18 OsBal24 OsBal30 OsBal36 OsBal42 OsBal48 NPL %

FY04 FY05 FY06 FY07 FY08

HP NPL TREND BY VINTAGE (AMT)

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% MOB6 MOB12 MOB18 MOB24 MOB30 MOB36 MOB42 MOB48 NPL %

FY04 FY05 FY06 FY07 FY08

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Fresh Transfer against Average Gross Loans (Conventional only)

• 5,000

10,000 15,000 20,000 25,000 30,000 35,000 Fresh Transfer & Gross Loans (RM'mil) 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% Fresh Transfer/Gross Loans(%)

Fresh Transfer Average Gross Loan Fresh Transfer/ Gross Loan

Fresh Transfer 489 429 380 334 282 266 321 268 21 1 227 21 8 230 225 Average Gross Loan 1 8,453 1 9,579 20,488 21 ,51 7 21 ,41 5 21 ,742 22,1 29 22,284 23,1 28 24,505 25,804 27,387 29,092 Fresh Transfer/ Gross Loan 2.7% 2.2% 1 .9% 1 .6% 1 .3% 1 .2% 1 .4% 1 .2% 0.9% 0.9% 0.8% 0.8% 0.8% 3Q '05 4Q '05 1 Q '06 2Q '06 3Q '06 4Q '06 1 Q '07 2Q '07 3Q '07 4Q '07 1 Q '08 2Q '08 3Q '08

Q1 07 NPL increased from 2006 due to SPD1 impact on Ex-SBB OD classifications

Note: Combined book of Good Bank and Bad Bank

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BCHB GROUP : 9M08 RESULTS

INVESTMENT BANKING & TREASURY

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Income Breakdown

(RM mil) 2Q08 3Q08 Q-o-Q 9M07 9M08 Y-o-Y Net interest/financing income 180 192 7% 449 561 25% Fee & commission income 191 103 (46%) 514 389 (24%) Net trading income 38 8 (78%) 364 157 (57%) Brokerage income 67 57 (15%) 284 206 (27%) Total income 476 360 (24%) 1,611 1,313 (19%) (RM mil) 2Q08 3Q08 Q-o-Q 9M07 9M08 Y-o-Y Net interest income 162 178 10% 586 490 (16%) Fee income 6 4 (33%) 42 15 (65%) Net trading income 228 (170) (175%) 602 185 (69%) Other income 62 94 50%

• 295

n/a Total income 458 106 (77%) 1,230 985 (20%) Treasury & Investments Corporate & Investment Banking

*Excludes gain on disposal of subsidiaries

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YTD Malaysian Market Shares Maintained

M&A ADVISORY (BY VALUE) IPO ADVISORY (BY VALUE) BROKING (BY VALUE) PRIMARY RM BOND MARKET (BY VALUE)

31.1% 16.0% 8.8% 7.7% 36.4%

CIMB Aseambankers AmInvestment Public Investment Others

29.8 bil 15.3 bil 8.4 bil 7.4 bil 34.8 bil 11.80% 9.50% 8.00%

6.70%

6.70%

CIMB Hwang DBS AmInvestment Kenanga RHB Investment

61.1 bil 49.0 bil 41.5 bil 34.5 bil 34.5 bil 39.1% 35.6% 6.8% 5.7% 4.5%

AMMERCHANT RHB CIMB KAF PUBLIC

465 mil 423 mil 81 mil 68 mil 54 mil 20.6% 20.4% 12.6% 9.4% 8.9%

CIMB Aseambankers RHB Public AmInvestment

11.0 bil 10.9 bil 6.7 bil 5.00 bil 4.8 bil

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and regional ones too

• Brokerage market share of 0.38%
• IB gaining traction with mandates

for M&A and IFA work

Thailand

• No. 1 Advisor Ranking for

Announced Deals (by no. of deals (19 deals, 3.4% market share).

• No. 1 Advisor Ranking for

Announced Deals (by. value of deals (USD419.8 mil, 8.9% market share)

• No. 8 for Stockbroking

Singapore Indonesia

• No. 4 ranked for Stockbroking (US$8 bil ytd,

4.6% market share)

• No. 4 for rupiah bonds (IDR1050bil, 8.7%

market share) and No.4 for Sukuk (USD 27mil,13.4% market share)

• No. 5 for M&A league table (USD1.1bil,

9.5% market share) and 8 for IPOs (IDR382bil, 1.6% market share)

• No. 2 Advisor Ranking for

Announced Deals (by no. of deals (25 deals, 2.6% market share)

• No. 3 Advisor Ranking for

Announced Deals (by. value of deals (USD369.8 mil, 3.1% market share)

Hong Kong*

* for transactions up to USD 100 million Data as at 30th September 2008 unless stated otherwise

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Islamic Investment Banking leadership sustained too

CIMB Islamic Notable Islamic Debt Transactions in 3Q08

3Q08 Domestic Islamic League Table Rank Company Market Share 1 CIMB 54.2% 2 Aseambankers 11.9% 3 AmInvestment Bank 9.7% 4 OSK Investment 3.7% 5 Citi 2.6% 3Q08 Global Islamic League Table Rank Company Market Share 1 CIMB 26.6% 2 HSBC 17.7% 3 AmInvestment Bank 15.8% 4 Aseambankers 12.1% 5 Calyon 8.8%

Source: RAM, MARC, SC & BNM Source: Bloomberg

• Tadamun Services Berhad: RM1 billion Trust Certificate Issuance Programme Islamic Development Bank -

1st inaugural RM Sukuk issue in Malaysia by Islamic Development Bank. The Programme has been accorded the highest investment grade rating of AAA by S&P

• RIM City Sdn Bhd : RM1 billion Non-Rated Al-Bai' Bithaman Ajil Islamic Debt Securities

32

BCHB GROUP : 9M08 RESULTS

INDONESIAN BANKING

33

Bank Niaga 3Q08 Financials (As Previously Announced on October 23 2008)

(IDR billion) 2Q08 3Q08 3Q08 vs. 2Q08 9M07 9M08 9M08 vs. 9M07 Net Interest Income 742 704

• 5%

1,916 2,103 10% Non Interest Income 88 98 11% 437 290

• 34%

Operating Income 830 802

• 3%

2,353 2,393 2% Overhead Expenses (498) (520) 4% (1,189) (1,466) 23% Pre Provision Operating Profit 332 282

• 15%

1,164 927

• 20%

Provisions Expense (97) (81)

• 16%

(480) (284)

• 41%

Operating Profit 235 201

• 14%

684 643

• 6%

Non Operating Income 67 57

• 15%

92 199 116% Profit Before Tax 302 258

• 15%

776 842 9% Net Profit 221 162

• 27%

590 590 0% ROE* 17.70% 12.48%

• 29%

17.62% 15.67%

• 11%
• Loans grew by 31% YoY to Rp47.93 trillion and 3%QoQ; Net NPL Ratio improved by 116bps YoY to 2.08%
• Total Customer Deposits grew by 32% to Rp49.09 trillion; Low Cost Fund increased by 4% YoY to Rp13.66 trillion

Bank only * ROE calculated against Tier 1 capital

34

BCHB GROUP : 9M08 RESULTS

ASSET MANAGEMENT & INSURANCE

35

Group’s Assets Under Management & Insurance

PBT 9M07 RM mil 9M08 RM mil CPAM Group 36 32 Wholesale Funds 45 4 Total 81 36 PBT 9M07 RM mil 9M08 RM mil Commerce Assurance 33

• CIMB Aviva

26 (14) CIMB Takaful 8 (4)

• Sale and restructuring of business

Insurance

17,371 19,176 17,792 18,981 18,222 2,114 2,136 2,015 2,170 1,888

5,000 10,000 15,000 20,000 25,000 Sep-07 Dec-07 Mar-08 Jun-08 Sep-08

AUM (RM 'mil)

CPAM Wholesale

36

BCHB GROUP : 9M08 RESULTS

CORPORATE TRANSACTIONS UPDATE

37

GSAM Updates – Corporatisation

G-SAM recovery portfolio * 31st Mar 2008 30th June 2008 30th Sept 2008 Legally Claimable Balance RM12.7 bil RM12.3 bil RM12.2 bil Net book value RM2.8 bil RM2.2 bil RM2.0 bil Estimated FSV (Collateral Value) RM4.7 bil RM4.5 bil RM4.2 bil *Gross NPL RM6.0 bil RM5.8 bil RM5.6 bil Gross / Net NPL ratios 87.5% / 76.3% 83.8% / 66.3% 82.7% / 63.1%

 Approved by CIMB Bank Board on April 28 and CIMBG Board on May 7  Common Forge Berhad identified as SPV, portfolio involves 58,529 accounts with NBV at RM 1.8 billion  Exploring external funding and determining structural impediments to future sales  Corporatisation exercise deferred till climate more conducive to attract strategic investor

• Gross NPL excludes IIS

Note: Excludes Direct Banking & Cards, CIMB Express and Auto Finance

Good Bank portfolio 31st Mar 2008 30th June 2008 30th Sept 2008 *Gross NPL RM1.7 bil RM1.6 bil RM1.6 bil Gross / Net NPL ratios 2.1% / 1.1% 2.1% / 1.2% 2.1% / 1.0%

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• Business integration planning for all units completed and endorsed
• As at the closing date of the standby offer on July 28, the level of acceptances were as follows:

% Acceptance Potential outlay Niaga minorities 94.18% IDR4.9 trillion / RM1.72 billion Lippo minorities 73.79% IDR0.55 trillion / RM191 million

• CIMB’s stake in CIMB Niaga will increase to 78% based on the take up rate
• Approval from Bank Indonesia and Ministry of Justice obtained on 15 October and 22 October
• Legal Day 1 is November 1 and payment date to shareholders is on 7 November

Niaga Lippo Update

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A. SIBB / SBB

• Disposal of SBB Securities was completed on October 22.
• Proposed acquisition of assets and liabilities of SIBB is pending application to High Court for

vesting. B. Bank of Yingkou

• Bank of Yingkou submitted application to Yingkou BRC on 30 May 2008, now at central CBRC,

awaiting approval.

• Meeting with CBRC in Beijing in early July, CBRC has requested for further updates on the

collaboration front. Currently awaiting CBRC approval.

• C. Bank Thai
• BNM, MOF (Thailand) and Ministry of Commerce (Thailand) approval obtained.
• Completion of the 42% acquisition from FIDF scheduled for 5 Nov 2008 and MGO details will be

announced shortly after.

Corporate Transactions Update

• D. NPL Sale Tranche 1
• Sale of 1.1 billion of NPL to Sinesinga (SPV owned by Standard Bank), approval from BNM
• btained on 30th October 2008. Pending MOF approval.

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BCHB GROUP : 9M08 RESULTS

SUMMARY

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Key 2008 Targets: 9M08 Checkpoint

2008 9M08 ROE >16% X TSR >KLCI X Total loans growth* 12% Retail deposit^ 25% X Loan loss charge 0.7% Tier 1 (at bank) 8% RWCR (at bank) 12.5% Double leverage ≈ 115%

    

Target achieved ( ) / not achieved ( X ) * calculated on annualised basis ^ 22.6% on an annualised basis



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THANK YOU