FINANCIAL SERVICES AND REAL ESTATE
SYNERGIES WITH YOMA STRATEGIC’S BUSINESSES
“Payment platform with
merchants, e.g. KFC”
“Consumer credit offerings and
loyalty programs”
Wave Money
Consumer
Real Estate
“Collection of contractual
payments, e.g. rent,
utilities, etc”
Fleet Leasing
WaveMoney
Money
Wave
“B2B payments and
payroll services”
“Expand automotive financial
lease and hire purchase product
offerings”
2
Yoma Fleet partners with the authorised
dealer of Caterpillar in Myanmar
3
GROWTH IN INFRASTRUCTURE AND MINING INDUSTRIES
The Myanmar Government is planning to allocate
US$21.4 billion to rail, road, port and aviation projects
by 20301.
Myanmar’s mining industry GDP is forecasted to
expand by 7.5%, representing the seventh-fastest
growing sector in the country1.
Images from Myanmar Times, 1https://oxfordbusinessgroup.com
4
PROFITABLE AND FAST EXPANDING NON-BANKING FINANCIAL
BUSINESS
Hire purchase risk adjusted returns are attractive in Myanmar
versus regional peers
Fast Expansion of Yoma Fleet
No. of Vehicles
Revenue less funding & credit cost (% of assets) - 3 year average
1,000
919
30%
900
25%
800
720
700
20%
600
540
500
15%
400
332
10%
300
200
149
5%
100
0%
0
Mar 15
Mar 16
Mar 17
Mar 18
Sept 18
Thitikorn PCL
(Thailand)
Source: Yoma Fleet
Yoma Fleet Phatra Leasing BFI Finance
PCL (Thailand) (Indonesia)
Aeon Thana
Sinsap
Thailand PCL
(Thailand)
Shiram
Transport
Finance
(India)
5
YOMA LAND
Launched City Loft, a new mass market offering
6
EXPANSION INTO MASS MARKET SEGMENT
Population growth in Yangon
Housing loans by local banks (2014-2017)2
People per sqm
Billion kyats
800
70
700
60
600
50
By 2040, the population of Yangon
is expected to reach 11.5 million1.
500
40
400
30
300
20
200
10
100
Central Bank of Myanmar
Dec 17
Sep 17
Jun 17
Mar 17
Dec 16
Sep 16
Jun 16
Mar 16
Dec 15
Sep 15
Jun 15
Mar 15
Dec 14
0
0
1973
1983
2014
Chart: 2014 Myanmar population and Housing Census
Urban Development Plan of Greater Yangon 2013
1Strategic
7
ACCESSIBLE TO WORKING CLASS POPULATION
8
LAUNCH OF CITY LOFT
▪ Designed to bring quality apartments at an
accessible price point.
▪ Favourable mortgage repayment terms of up to 25
years with domestic banks.
▪ The first City Loft project is located in StarCity (“City
Loft @ StarCity”), which received a very strong and
positive response during its pre-launch with half of
its 250 units sold within a week
9