SMBC Group's Financial and Credit Portfolio
Balance sheet
Consolidated
Loans
JPY 102.4 tn (+JPY 4.0 tn)
Domestic loans *1,2
JPY 61.6 tn
JPY 176.2 tn (+JPY 4.4 tn)
(vs Mar. 23)
Domestic loans and deposits *1,2
Deposits
Foreign currency
NCD 4%
Others
15%
4%
Others 4
2%
Loan to deposit ratio: 58.1%
Securities
Mortgage, etc.
15%
Time
13%
JPY 40.4 tn (+JPY 7.2 tn)
Domestic deposits 2 JPY 123.3 tn
Loans
Deposits
JGBs
Foreign bonds
JPY 9.5 tn
JPY 19.1 tn
NCD
JPY 13.8 tn
Prime-rate-
based
2%
Current
11%
Others
Spread-based
68%
Ordinary
66%
Others
JPY150.8 tn (+JPY 12.0 tn)
Cash and due
Liquid
from banks
JPY 77.4 tn
*2
JPY 59.5 tn
account
BoJ's current
JPY103.7 tn (+JPY 17.8 tn)
Total net assets
JPY 13.8 tn (+JPY 1.0 tn)
Total assets JPY 293.7 tn (+JPY 23.3 tn)
Impact of interest rise in foreign currency
Loan/deposit
Most of the loans / deposits are based on market rate
(A part of the deposits have low sensitivity to interest rate)
Foreign bonds
Unrealized losses will increase
when government bond yields rise
Floating rate
Impact to net interest income
from possible interest hike*5
Short-term rate
Medium-to long term rate
JPY +30 bn
JPY +10 bn (1st year)
JPY +50 bn in 5th year by repricing of fixed rate loans
Profit from market operation is not included
Cautious approach to additional JGB investment
considering further rate hike
<Assumption>
Interest earnings on roll-overs improve
while funding cost increases
*1 Managerial accounting basis *2 Non-consolidated *3 Overdraft, foreign-currency-denominated, etc.
*4 Sundry, etc. *5 Based on assumption of no change in balance sheet
*6 Interest rate on basic balance of BOJ's current account remains unchanged at 0.10%
Policy rate
0%*6
5 years rate
0.6%
(Sep. 23)
(0.1)%
0.34%
10 years rate
1.1%
0.77%
Copyright © 2023 Sumitomo Mitsui Financial Group.
All Rights Reserved.
16View entire presentation