Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ......
Transcript of Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ......
![Page 1: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/1.jpg)
Country Presentation
Maldives
![Page 2: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/2.jpg)
Capital
Male’
Population
342,000est.
Islands
1,192
Inhabited Islands
187
Resorts
129
Religion
Islam
Quick Facts
![Page 3: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/3.jpg)
2.8% US$ 9,671 US$ 2.7 billion
GDP – per capita GDP Growth Inflation Fiscal Deficit Tourism Receipts
Key Economic Highlights
6.9% 2%
Source: Annual Report 2017, Maldives Monetary Authority
![Page 4: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/4.jpg)
Construction
+24% Construction related imports
Tourism
+8% Tourist arrivals
Major Industries
Fishing
+42% Fish purchases
Source: Annual Report 2017, Maldives Monetary Authority
![Page 5: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/5.jpg)
China Maldives Friendship Bridge
Opened in Sept 2018
International Airport Expansion
Regional Airports Development
Hulhumale’ Phase 2
Infrastructure Developments
![Page 6: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/6.jpg)
Maldives - A Great Place to Invest
o No restrictions on foreign exchange
o No restrictions on repatriation of profits and capital proceeds
o Long term contractual agreements and lease for mega scale projects
o Legally backed investment guarantees
o Tax and import duty incentives for special projects
![Page 7: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/7.jpg)
Central Bank
Locally Incorporated
Branch of Foreign Bank
Subsidiary of Foreign Bank
Payment Service
Providers
Insurance Companies
Commercial Banks Non-Bank Financial Institutions
Financial Sector
Maldives Stock
Exchange
Capital Market
Development Authority
Regulators
![Page 8: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/8.jpg)
Net Loans
T-Bills
Balance at MMA
ODF
Balance at Bank
Cash & otherassets
Asset Composition
USD 3bn Total Assets Total
Capital Growth Annual Growth in Aggregate Net Assets
+5% Annual Increase
in Deposits
+4% +7%
Banking Industry
Source: Annual Report 2017, Maldives Monetary Authority
Return on Average Equity
15% NPL Ratio
11%
![Page 9: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/9.jpg)
Communication and Our Social Connectivity
5 Our Culture Our Industrial
and Economic Progress
Our Unity and Islamic Values
Nationalism and Our Native
Language
Our Ancestral Craftsmanship
The Beauty in Our
Surrounding
10 20 50 100 500 1000
3rd banknote series in Maldives launched on 1st November 2015
Maldivian Rufiyaa
![Page 10: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/10.jpg)
0
50
100
150
200
250
300
2013 2014 2015 2016 2017Mobile subscriptions per 100 people
Internet subscriptions per 100 people
Mobile Penetration
250%
87% Internet Penetration
Telecommunication and Digital Services
Source: Communication Authority of Maldives
![Page 11: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/11.jpg)
![Page 12: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/12.jpg)
Largest bank in the country with presence in every island
Bank of Maldives
![Page 13: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/13.jpg)
260,000 Customers
34 Branches
277 Agents in 165 island
100 ATMs in 20 Atolls
Bank of Maldives
![Page 14: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/14.jpg)
Branch in each atoll
International Debit,
Credit and Prepaid Cards
Dhoni Banking
Self-Service Banking Centres
Agents in each island
Internet& Mobile Banking
Mobile Wallet
A Full Service Bank
Corporate Banking
SME Banking
Retail Banking
Islamic Banking
POS & Payment Gateway
![Page 15: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/15.jpg)
46% POS
E-Commerce
33% Self-Service Banking
15% Online Banking
6% Branch
Counters
9 out of 10 Transactions done through Digital Channel
65% Internet/Mobile Banking Penetration
Customer Transactions
![Page 16: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/16.jpg)
Net Loans
+19% Shareholders’
Funds
+32% Profit after Tax
+13% Total Deposits
+12% Total Assets
+15%
Average Annual Growth, 2013 - 2017
![Page 17: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/17.jpg)
Financial Stability
NPA
4% Cost to Income
25% Liquidity
18% Loan to Deposit
77% Capital Adequacy
34%
![Page 18: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/18.jpg)
Towards Digital Everything
E-Commerce
Unified Mobile
Platform including
Mobile Wallet
Live Chat &
Social Media
Digital
Branches
Business
Solutions
Smart
Contact
Centre
Self- Service
Banking
Smart
Omni Channel
5265 1234 456 1234 5980
12-18
Simplified
Onboarding &
Online
Applications
LIVE CHAT
![Page 19: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/19.jpg)
Correspondent Banking relationships Payment Partners
Our Partners
![Page 20: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/20.jpg)
Proud member of:
![Page 21: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/21.jpg)
![Page 22: Maldives - ABA · 2018-11-29 · Islands 1,192 Inhabited Islands 187 Resorts 129 Religion ... Source: Annual Report 2017, Maldives Monetary Authority . Construction +24% Construction](https://reader035.fdocuments.us/reader035/viewer/2022070805/5f03e1457e708231d40b38a9/html5/thumbnails/22.jpg)
Thank You