Siam City Bank Public Company Limited

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Siam City Bank Public Company Limited
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Focus on You
December 2005.
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Siam City Bank Public Company Limited
1. Overview 2. Competitive Strengths 3.
Strategy 4. Performance 5. Industry Outlook 6.
Corporate Strengths
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

SCIBs market share
Company history
Market share
Amount THBmn
As of 31 Dec. 2005
1941
Founded with initial registered capital of THB
1mn
1994
Listed in the Stock Exchange of Thailand (SET)
6.47
451,827
Assets
1998
Capital injection from FIDF and became a
government owned bank
6.04
297,078
Loans
2001
6.84
382,165
Deposits
Became A GOOD BANK by transferring all NPLs to
PAMC in exchange for FIDFs guaranteed AMC notes
7.03
6,650
Employees
2002
Merged with Bangkok Metropolitan Bank Pcl.
(BMB)
8.79
387
Branches
2003
Integration completed between SCIB and BMB in
Aug 2003 Re-listed on SET with free float of
17.5 in Dec 2003
8.00
1,210
ATMs
2004
Free float increased to 52.42 and became
private bank

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Successful Merger with BMB
The merger with BMB allows SCIB to achieve
exceptional growth within 2 years

• Strategic merger between SCIB and BMB in 2002
• Both banks were in Good Bank status
• Complementary branch network and similar company
  cultures
• The merged entity has the right size for growth

Substantial growth since the merger
increase (Dec 05Dec 01)
Dec 2005
Dec 2004
Dec 2001
Key indicator (THBmn)
52
451,827
471,825
297,792
Assets
42
297,078
333,737
209,527
Loans
46
382,165
385,470
262,153
Deposits
60
6,650
6,377
4,167
Employees
85
387
367
209
Branches
521
1,210
907
195
ATMs
14,597
14,083
2,024
Revenue
6,265
6,367
(7,154)
Net Profit before extraordinary items
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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

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Siam City Bank Public Company Limited
1. Overview 2. Competitive Strengths 3.
Strategy 4. Performance 5. Industry Outlook 6.
Corporate Strengths
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Clean Balance Sheet with Lowest NPLs
NPLs / Total Loans

Industry 9.32
10.23
7,591
7.08
6.67
2.56
(Excl.TPI1.78)
SCIB
Top 5 KTB, BBL, KBANK, SCB , TMB Med 2
SCIB, BAY Small 7 UOBT, SCNB, NBANK, BT, TISCO,
KK, ACL
As of Dec. 2005
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High Loan Loss Coverage Ratio
Classified Loans

Amount Baht Million Active 283,364 95.38 Special
Mention 6,092 2.05 Substandard 2,506 0.84 Doubtfu
l 3,375 1.14 Bad Debt 1,741 0.59 Total 297,078 10
0.00


Industry 68
122
119
(Excl.TPI176)
64
57
Loan Loss Reserve
Reserve Provided Baht 7,212
Million Reserve Required by BoT Baht 3,637
Million Excess Reserve Baht
3,575 Million of Excess Reserve
98.30
SCIB
Top 5 KTB, BBL, KBANK, SCB , TMB Med 2
SCIB, BAY Small 7 UOBT, SCNB, NBANK, BT, TISCO,
KK, ACL
Note (1) Exclude reserve for loss from TDR Bt.
2,069 million
As of Dec. 2005
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Low Cost/Income Ratio
(1)
Cost / Income Ratio
Income / Employee Expense
Industry 5.4 Times

Times
Industry 53
63
55
54
51
5.5
SCIB
SCIB
Top 5 KTB, BBL, KBANK, SCB , TMB Med 2
SCIB, BAY Small 7 UOBT, SCNB, NBANK, BT, TISCO,
KK, ACL
Note(1) Income Net Interest Income Non
Interest Income
As of Dec. 2005
10
Solid Capital Base to Support Loan Growth
Tier - 1 Capital

Industry 9.96
SCIB
Top 5 KTB, BBL, KBANK, SCB , TMB Med 2
SCIB, BAY Small 7 UOBT, SCNB, NBANK, BT, TISCO,
KK, ACL
As of Dec. 2005
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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

• 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
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Siam City Bank Public Company Limited
1. Overview 2. Competitive Strengths 3.
Strategy 4. Performance 5. Industry Outlook 6.
Corporate Strengths
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Universal Bank Strategic Framework
Our Universal Bank Strategy will provide a full
range of financial products and services to our
customers
Vision To become a universal bank with full
banking services, to increase its competitive
advantages, to provide steady stream of profit
and to maximize shareholders wealth

• Mission
• Operate in multiple financial areas
• Comprehensive range of financial products and
  services
• Increase non-interest income through cross
  selling products

• Strategy
• 1. Expand customer base by focusing on medium and
  small customers
• 2. Offer products and services on par with large
  commercial banks
• 3. Increase and improve distribution channels
• 4. Promote adherence of good corporate governance
• 5. Improve productivity and service efficiency
• 6. Increase capability of IT and management
  information systems

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Business Group Support
SCIB and its group companies represent a
financial service group that provides a one-stop
shop to meet all financial needs of its customers
Siam City Bank
Max Life Assurance 100
Siam City Securities 99.79
Siam City Insurance 45.5
SCIB Service 100
Siam City Asset Mgt. 100
Life Insurance
Securities
Service
Asset Management
Non-Life Insurance

• SCIBs Operation Initiatives SCIB Group as a
  One-Stop Financial Service Provider
• Group companies providing various financial
  services
• Group policy of 100 group company ownership by
  SCIB
• Generate fee income through cross-selling group
  companies products

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Siam City Bank Public Company Limited
1. Overview 2. Competitive Strengths 3.
Strategy 4. Performance 5. Industry Outlook 6.
Corporate Strengths
16
Income Statement Summary
(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
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Performance Indicators
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 10.94 0.98

• 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
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Asset and Loan Portfolio Breakdown
Asset Breakdown
Loan Portfolio Breakdown
Total Loans Baht 229,474 million
Total Assets Baht 451,827 million
Personal Consumption
Manufacturing Commercial
Construction
Interbank and Money market 3
As of Dec. 2005
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Strong Loan Growth
Total Loan (Include AMC)
Total Loan (Exclude AMC)
Baht Million
(1)
Baht Million
(2)
Loan Growth 9
Note (1) Redemption of AMC Note Baht 47,148
Million in 1H04 (2) Redemption of AMC
Note Baht 55,080 Million in 1H05
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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
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Sources of Funds
Liabilities Breakdown
Deposit Breakdown
Total Baht 416,186 million
Total Baht 382,165 million
Fixed
Interbank Money market 5
Current
Saving
As of Dec. 2005
22
Improving Interest Spread
Interest Spread of Yield on Earning Assets Cost
of Funds
Per Annum
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Income Structure
Interest Dividend Income
Interest Expenses
17,834
Baht Million
Baht Million
17,077
16,501
10,674
15,679
8,360
6,412
5,767
14
11
24
Widening Net Interest Dividend Income
Net Interest Dividend Income
Baht Million
Growth 15
25
Non-interest Income
Non-interest Income
Baht Million
5,687
4,171
4,137
3,175
-24
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Siam City Bank Public Company Limited
1. Overview 2. Competitive Strengths 3.
Strategy 4. Performance 5. Industry Outlook 6.
Corporate Strengths
27
Industry Outlook

• Economic growth is expected to increase to
  4.5-5.5 in 2006
• The financial master plan strengthening the
  stability of financial institutions
• NPLs are in check

Economic Growth Breakdown
Banking Sector ROA, NPLs, Loans
THBbn
THBbn
1.41
1.51
1.21
0.62
0.20
-0.16
(1)
ROA
Note Loan Growth 2005 (Excl. AMC Note) 9.8 ,
Estimated Loan Growth 2006 5
Note (1) Forecast
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Siam City Bank Public Company Limited
1. Overview 2. Competitive Strengths 3.
Strategy 4. Performance 5. Industry Outlook 6.
Corporate Strengths
29
Corporate Strengths
Ample Room to Increase Profitability
Business Synergy from Subsidiary Companies
Rapid Loan Growth Potential
Strong Capital Base for Loan Expansion
Clean Bank with Lowest NPLs Level
Good Corporate Governance
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Legal Disclaimer
The material contains certain forward looking
statements. Such forward looking statements are
not guarantees of future performance and involve
risks and uncertainties, and actual results may
differ from those in the forward looking
statements as a result of various factors.