Siam City Bank Public Company Limited

1
Siam City Bank Public Company Limited
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Focus on You
Analyst Meeting
February 10, 2006.
2
Siam City Bank Public Company Limited
1. Overview 2. Competitive Strengths 3.
Performance
3
Company Profile
SCIB is the 5th largest commercial bank in
Thailand with an established history

• The 5th largest commercial bank in Thailand with
  a market capitalization of THB 51.3bn (31 Dec.
  2005)
• Ranked 7th in terms of asset size, loan and
  deposit market share
• Established history of over 60 years

Substantial growth since the merger
(1)
Market Share
increase (Dec 05Dec 01)
Dec 2005
Dec 2004
Dec 2001
Key indicator (THBmn)
Rank
52 43 46 60 85 521
451,827 298,749 382,165 6,650 387 1,210 14,597 6,2
65
471,825 333,737 385,470 6,377 367 907 14,083 6,367
297,792 209,527 262,153 4,167 209 195 2,024 (7,154
)
Assets Loans Deposits Employees Branches ATMs Reve
nue Net Profit before extraordinary items
6.63 6.23 6.96 7.15 8.85 8.03
7 7 7 7 7 6
Notes (1) Unreviewed financial statements
4
Shareholding Pattern

• FIDF provided financial support to SCIB after the
  Asian Financial Crisis and became the major
  shareholder of SCIB since 1998
• In 2004, FIDF diluted its stake from 82.5 to
  47.5 after the exercise of covered warrants and
  the status of SCIB changed from a state-owned
  bank to a private bank

5
Siam City Bank Public Company Limited
1. Overview 2. Competitive Strengths 3.
Performance
6
Clean Balance Sheet with Lowest NPLs
NPLs / Total Loans

Industry 11.53
12.84
11,690
7.68
7,591
7.25
3.90
2.54
(Excl.TPI1.71)
(Excl.TPI1.76)
(1)
SCIB
2005 SCIB
Top 5 KTB, BBL, KBANK, SCB , TMB Med 2
SCIB, BAY Small 5 UOBR, SCNB, NBANK, BT, BOA
Note (1) Unreviewed financial statements
As of Sept. 2005
7
High Loan Loss Coverage Ratio
(1)
Classified Loans

Amount Baht Million Active 285,116 95.44 Special
Mention 6,043 2.02 Substandard 2,502 0.84 Doubtfu
l 3,354 1.12 Bad Debt 1,734 0.58 Total 298,749 10
0.00


Industry 64
129
91
122
(Excl.TPI206)
(Excl.TPI177)
61
55
(1)
Loan Loss Reserve
(1)
Reserve Provided Baht 7,229
Million Reserve Required by BoT Baht 3,654
Million Excess Reserve Baht
3,575 Million of Excess Reserve
97.84
SCIB
2005 SCIB
Top 5 KTB, BBL, KBANK, SCB , TMB Med 2
SCIB, BAY Small 5 UOBR, SCNB, NBANK, BT, BOA
Note (1) Exclude reserve for loss from TDR Bt.
2,069 million
Note (1) Unreviewed financial statements
As of Sept. 2005
8
Low Cost/Income Ratio
(1)
Cost / Income Ratio
Income / Employee Expense

Times
Industry 52
Industry 5.4 Times
69
55
55
55
50
5.5
SCIB
(2)
(2)
SCIB
2005 SCIB
2005 SCIB
Top 5 KTB, BBL, KBANK, SCB , TMB Med 2
SCIB, BAY Small 5 UOBR, SCNB, NBANK, BT, BOA
Note(1) Income Net Interest Income Non
Interest Income (2) Unreviewed financial
statements
As of Sept. 2005
9
Solid Capital Base to Support Loan Growth
Tier - 1 Capital

Industry 9.60
2005 SCIB
(1)
SCIB
Top 5 KTB, BBL, KBANK, SCB , TMB Med 2
SCIB, BAY Small 5 UOBR, SCNB, NBANK, BT, BOA
Note (1) Unreviewed financial statements
As of Sept. 2005
10
Distribution Channels Cover High Growth Areas
SCIB has one of the largest national network
coverage in Thailand and plans to tap into other
distribution channels to increase sales
efficiency
(1)
The 7th Largest Branch Network in Thailand
Extensive Network with National Coverage

• Broad network of 1,210 ATMs nationwide
• Tailor branch to meet business volume, local
  tastes and business needs in each area

(1) As of Sept. 30, 2005

• SCIBs Operation Initiatives Further Enhance
  Distribution Channels
• Develop and increase low-cost channels e.g.
  internet banking
• Streamline and improve branch operations and
  structure e.g. booth renovation
• Develop mobile phone banking, payments and card
  value refill systems on ATM
• Open kiosk branches in department stores and
  business centers

As of Dec. 2005
11
Siam City Bank Public Company Limited
1. Overview 2. Competitive Strengths 3.
Performance
12
Income Statement Summary
(2)
(Baht Million) 2001 2002 2003 2004 2005

• Interest and Dividend Income 11,060 16,501
  17,077 15,679 17,834
• Interest Expense 9,074 10,674 8,360 5,767 6,412
• Net Interest Income 1,986 5,827 8,717
  9,912 11,422
• Provision for Loan Losses(1) (2,843) (4,041)
  (3,815) (486) (265)
• Net Interest Income after Provision (857) 1,786
  4,902 9,426 11,157
• Non Interest Income 38 4,137 5,687
  4,171 3,175
• Non Interest Expense 6,318 5,041 6,958 7,230
  8,067
• Net Profit before Extra. Items (7,154) 882
  3,631 6,367 6,265
• Extra. Items 45,229 - - - -
• Net Profit 38,075 882 3,631 6,367 6,265

Note (1) Includes bad debts and doubtful
accounts and loss on trouble debt restructuring
items (2) Unreviewed financial statements
13
Performance Indicators
(2)
2002
2003 2004 2005
1.72 0.75 10.74 0.76 15.45 10.24
1.35
0.54 0.20 3.29 0.22 16.53 14.46 1.08
3.01 1.40 19.38 1.35 15.64 10.24 1.03
2.97 0.70 18.24 1.36 16.87 10.88 0.96

• EPS (Baht per Share)
• Dividend (Baht per Share)
• ROE ()
• ROA ()
• Book Value (Baht per Share)
• BIS ()
• Tier 1
• Tier 2

(1)
Note (1) Interim dividend from operation
result of 1H05 (2) Unreviewed
financial statements

14
Asset
Total Assets Baht 451,827 million
Baht Million
486,178
471,825
469,446
451,827
14
10
11
11
19
19
22
23
45
23
31
51
44
36
26
15
(1)
Note (1) Unreview financial statement
As at Dec.2005
15
AMC Note Redemption leads to Higher Yield
AMC Notes
Terms of AMC Notes

• Issued by PAM in exchange for NPLs transfer
  during 2001 and 2002
• SCIB received 16 AMC Notes, totaling Baht 303,826
  million
• FIDF will redeem Baht 44,000 million of AMC Notes
  annually until 2005 and the remaining portion in
  2006
• AMC Notes carry an interest rate at a weighted
  average of interest rates payable to all types of
  bank deposits
• SCIB does not have to record additional
  gains/losses

Baht Million
(1)
(2)
Note (1) AMC Note Prepayment Bt. 3,148 Million
in 1Q04 (2) AMC Note Prepayment Bt.
5,080 Million in 1Q05 and Bt. 6,000 Million in
2Q05
16
Loan Approval
Baht Million
165,761
59,526
37,155
36,408
32,672
No. of Customer 3,508
3,443 3,432 2,850
13,233
As at Dec.2005
17
Strong Loan Growth
Total Loan (Include AMC)
Total Loan (Exclude AMC)
Baht Million
(1)
Baht Million
(2)
Loan Growth 10
(3)
(3)
Note (1) Redemption of AMC Note Baht 47,148
Million in 1H04 (2) Redemption of AMC
Note Baht 55,080 Million in 1H05 (3)
Unreviewed financial statements
18
Loan Portfolio Breakdown
Total Loans Baht 231,145 million
Loans by Sector
Loans by Geography
Personal consumption
3 Baht 7,306 Mil.
4 Baht 9,427 Mil.
7 Baht 15,194 Mil.
Manufacturing Commercial
82 Baht 189,890 Mil.
Loans by Type
4 Baht 9,328 Mil.
Note Unreview financial statement
As at Dec. 2005
19
Source of Funds
Liabilities Breakdown
Deposit Breakdown
Baht Million
Baht Million
451,244
438,787
436,790
422,552
416,186
4
406,862
3
6
385,470
3
80
382,165
69
63
68
6
5
4
3
93
93
92
88
35
30
30
19
1
2
2
1
(1)
(1)
Note (1) Unreview financial statement
As at Dec. 2005
20
Improving Interest Spread
Interest Spread of Yield on Earning Assets Cost
of Funds
Per Annum
4.13
2.59
1.54
(1)
2005
Note (1) Unreviewed financial statements
21
Income Structure
Baht Million
78
70
61
58
39
30
42
22
(1)
Note (1) Unreview financial statement
22
Income Structure
Interest Dividend Income
Interest Expenses
Baht Million
17,834
Baht Million
17,077
16,501
10,674
15,679
8,360
6,412
5,767
14
11
(1)
(1)
Note (1) Unreviewed financial statements
23
Widening Net Interest Dividend Income
Net Interest Dividend Income
Baht Million
Growth 15
(1)
Note (1) Unreviewed financial statements
24
Non-interest Income
Non-interest Income
Baht Million
5,687
4,171
4,137
3,175
-24
(1)
Note (1) Unreviewed financial statements
25
Non-interest Income
Fees and Services Income
Baht Million
2,140
1,984
1,653
21
23
1,180
7
(1)
Note (1) Unreviewed financial statements
26
Questions
QA