Full Year Financial Statements And Dividend Announcement

Financial Highlights 2023:

• Full year 2023 net profit of $93.4 million driven by total operating income of $212.3 million at net interest margin of 1.5%, a decline of 28.7% as compared to its record net profit 2022 of $130.9 million at net interest margin of 1.8%;
• Balance sheet remained strong with robust capital adequacy ratio at 16.3% to support lending activities and ample liquidity buffer above regulatory requirement to withstand market uncertainties;
• Asset quality remained stable with NPL ratio at new low at 0.5%;
• Dividend payout moderated to shore up capital and bolster financial resilience in the light of market uncertainties; commit to sustainable return to shareholders with dividend payout ratio at 60%;
• The Group maintained its prudent stance and discipline towards liquidity risk management and will continue to manage its balance sheet for sustainable growth.

Full Year Financial Statements And Dividend Announcement ended 2023

[Pdf, 212 kb]

Chairman's Statement

[Pdf, 156 kb]

Half-Year Financial Statements And Dividend Announcement

[Pdf, 134 kb]