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TRANSCRIPT
Papua New Guinea FY 2017
Acknowledgement
Disclaimer: This publication is available for use in research and analysis. Data and content may only be used for non-commercial purposes. If thematerial is published or distributed, it should be attributed to MIX with the appropriate citation.
MIX has taken due care and caution in preparing this report, it has obtained the information from the institutions. Thus MIX relies on the informationsubmitted and does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors in transmission.
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
MIX would like to thank the Centre for Excellence in Financial Inclusion (CEFI) for supporting the data collection from financialservice providers in Papua New Guinea (PNG). CEFI assisted in collecting annual data from the financial service providers (FSPs)operating in the Financial Inclusion sector. Without their strong support and dedication to building greater transparency in theindustry, MIX would not be able to provide access to this data or analysis. MIX’s collaboration with CEFI not only facilitates datacollection, but also makes it possible to standardize the data and provide analytical tools that present in-depth analysis of thefinancial and operating trends in the industry.
MIX is privileged to take this opportunity to showcase the result of this collaboration in the form of the second Annual BenchmarkReport for the Financial Inclusion sector in PNG. This report presents the financial and operating data of those institutions forwhich CEFI has helped to facilitate the annual data collection for Fiscal Year (FY) 2017.
MIX is also grateful to all the FSPs, broadly recognized as partner financial institutions (PFIs) in the sector that have providedcomprehensive data in a timely manner. Without the strong support and dedication of the institutions, MIX would not be able tocontribute to build transparency in the industry. We are grateful for their continued efforts in this regard.
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Table of Contents
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
1. Introduction
2. About MIX
3. Data & Methodology
4. Key Findings
5. Benchmark Indicator Reference
6. Benchmark Indicators a. Institutional Characteristics
Assets Equity Offices Personnel
b. Financing Structure Gross loan portfolio / assets Capital /asset ratio Deposits to assets Loan to deposit
c. Outreach Number of active borrowers Gross Loan Portfolio Average loan balance (ALB) per borrower Number of deposit accounts Deposits Average deposit account balance
d. Financial Performance Return on assets Return on equity Operational self sufficiency
e. Revenue & Expenses Financial revenue / assets Profit Margin Yield on gross portfolio (nominal) Total expenses / assets Financial expense / assets Operating expense / Loan portfolio
f. Productivity & Efficiency Cost per borrower Borrowers per staff member Deposit accounts per staff member Cost per deposit account
g. Risk & Liquidity Portfolio at risk > 30 days Portfolio at risk > 90 days Risk coverage
7. Financial & Operational Information of FSPs
8. Glossary
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4
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5
6 - 43
44 - 46
47
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Introduction
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
About MIX
MIX is the leading global data resource for socially responsible investors and businesses focused on inclusivefinance. MIX’s data platform covers thousands of mission-focused financial service providers in more than 100developing markets. MIX collects, analyzes, and maintains data on financial services providers. That data is sharedboth as a public good for the advancement of the industry and on a fee-paid basis for subscribers interested inmore detailed market intelligence. MIX helps socially responsible investors who move 10 billion USD annually tomonitor their portfolios and increase their investments in underserved sectors and geographies, includingagricultural finance and inclusive fintech. Founded in 2002, MIX has data analysts in every region of the world.Learn more at www.themix.org.
The Annual Benchmark Report is one of the primary benchmarking products created by MIX that offers a uniqueopportunity to analyze the performance of individual financial service providers (FSPs) and peer groups, andto conduct country comparisons. As part of our continued efforts to collect and publish high quality data thatstrengthens the Financial Inclusion sector, builds transparency and further enhances financial inclusion in PapuaNew Guinea, we at MIX have created the “Annual Benchmark Report” for FY 2017.
This report includes key financial and operational indicators that provide a country overview, indicator levelperformance and institutional details. The indicators include a range of performance variables pertaining tooutreach, institutional characteristics, financing structure, financial performance, revenue, expenses, efficiency,productivity, risk and liquidity. The numbers are presented at the aggregate level, peer-group level andindividual FSPs level. The report also compares the FY 2017 performance against the previous fiscal year andprovides the growth or decline rate for each of the indicators.
The publication of global industry benchmarks and customized benchmarking services create comparativeperformance results that the industry and its retail institutions can contextualize FSP performance within relevantpeer groups. These benchmarks allow institutions to view relative trends and drivers in their own performancefrom a comparative perspective.
The benchmarks support the transparency necessary for improved institutional performance and greater access tocapital markets for growth. The first section of each of the following pages captures the overall performance ofthe FSPs in the country. Each following section then explores the relative diversified peer comparison by the legaltypes in the country and scale of the FSP.
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This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Data and Methodology
1. The data and analysis in this report are based on self-reported operational and financial numbers for FY 2016 and FY 2017, fora total of 8 FSPs that submit data to MIX.
2. The financial numbers also are verified by the audited financial statements of the FSPs for FY 2016 and FY 2017 and arereclassified based on IFRS Standards.
3. The benchmark values have been presented across all the indicators and peer groups based on the average value in eachcategory.
4. Balanced data: The growth value or the change in the indicator over the year is calculated based on balanced data, meaning forthe FSPs that have reported consistently to MIX for 2016 and 2017 their values have been aggregated to present the percentagechange.
5. Peer grouping information in based on the legal classifications that are relevant to the context of Papua New Guinea FinancialInclusion sector, that are Savings and Loan Society and Micro Bank
6. MIX follows global industry standard definitions and formulae that are used for all analyses in the report. (Refer the glossary forthe details of all the definitions and ratios used in the publication)
7. 25th and 75th Percentile: The smallest observation that is greater than or equal to the specified percentage of observations. Inthis report the 25th and 75th percentiles are displayed, to signify the upper and lower bounds of the middle 50% of FSPs’ valuesfor each indicator.
8. Average and Weighted Average Value (WAV) - Average value is presented as a line in the "benchmark graphs by peers". Simpleaverage is presented when an indicator is an absolute number whereas weighted average is presented when the indicator is aratio.
Understanding Micro Banks and Savings & Loans Societies (S&LS)
The Annual Benchmark Report evaluates institutional benchmarks for FY 2017 with respect to the peer average and countryaverage in the indicator section. The Institutional profile section captures the detailed information for individual institutionperformance. The peer groups across all the indicators are relevant to the context of PNG market. The peer group distributionwidens the scope of comparison of individual institutions and a group of institutions. It differentiates the institution’s positioningand thus helps to draw a comparison across the others. The two major peer groups identified in PNG market are Micro Banks andSavings & Loans Societies (S&LS) which are briefly explained below. Micro BanksThese institutions offer microloans to low income households and small business operators often referred to as the unbankedmarket in PNG. They fall under the category of Banks and Licensed Financial Institutions (LFIs) that are licensed under the Banksand Financial Institutional Act 2000 (BFIA) to conduct “banking business”. The BFIA defines banking business as the “business oftaking money on deposit and using that money to lend to others or to finance any other activity of the business, wholly or to amaterial extent, out of the capital or interest on money received by way of deposit”[1].At the end of the fiscal year 2017, five Micro Banks reported to MIX namely Kada Poroman Microfinance Limited, NationwideMicrobank, People’s Micro Bank, PNG Microfinance Limited and Women’s Micro Bank.
Savings & Loan Societies (S&LS)These institutions specialize in accepting deposits and making mortgage and other loans (like other banks) but with a speciality ofoperating on a principle of mutuality. S&LSs are licensed or authorised under the Savings & Loan Societies Act 1995. A minimumof 500 members or as stated by the Registrar are required to form an S&LS. These members are the owners of the Societieswhere each member has an equal right on the election of the boards of the Societies. They also have a right in the distribution ofthe profits. S&LSs can raise money or loans, subject to approval of the Registrar. The objects of S&LSs are to; (i) receive savingsand make loans to their members, (ii) promote thrift amongst their members, and (iii) educate their members in financialresponsibility[2].As at the end of the fiscal year 2017, three S&LSs reported to MIX namely East New Britain Savings & Loan Society Limited,Nasfund Contributors Savings and Loan Societies Limited and Niu Ailan Savings & Loan Society Limited.
[1] http://www.bankpng.gov.pg/financial-system/superannuation[2] http://www.bankpng.gov.pg/financial-system/superannuation
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This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Key Findings
Revenue & Expenses
In terms of revenue generation, yield on gross loan portfolio ratesincreased at an aggregated rate of 2.30% in FY 2017, standing at29.12%. Looking at institutions by peer group, Women’s Micro Bankand Kada Poroman MF witnessed highest growths of 39.56% and18.74% respectively among the micro banks. Among Savings andLoan Society organizations, Niu Ailan SLS and NCSL witnessed amarginal growth of 3.74% & 1.06% respectively while East NewBritain SLS reported a decline of 0.20%. Financial revenue by assetsincreased marginally, by 0.84%, standing at 16.87%. Here, microbanks witnessed an increase of 1.53% while Savings and LoanSociety witnessed a decline of 0.08%. PNG FSPs reported a declineof 1.05% in operating expenses to their loan portfolio as well.
Productivity & Efficiency
Productivity in relation to borrowers increased by 5.04%despite seeing an increase in Personnel. This is because thenumber of borrowers too witnessed a higher increase(15.97%) in relation to personnel growth. FSPs in PNG alsoreported an increase in the cost per borrower at theaggregate level, reaching PGK 1642.84 million. Similarly, thedecrease in number of depositors, at 19.58%, resulted inless productivity in terms of depositors per staff member,dropping from PGK 774.96 million in FY 2016 to PGK 772.08million in FY 2017.
Financing Structure
Gross loan portfolio to assets aggregated at 46.36% in FY2017 which is an increase of 1.99% from the 44.37%aggregate for FY 2016. Both peer groups, i.e., Micro Bank &Savings and Loan Society, experienced an increase of 1.89%& 2.37% respectively. Deposits continue to be the mainsource of funding for PNG FSPs, despite seeing a decline indeposits to loan ratio of 1.31%, standing at 80.71% in FY2017. Capital to Assets reached 15.76% at the end of FY2017. This was a slight increase (2.16%) when comparedwith the previous year, as there was an increase in bothasset and equity during the year.
Outreach
Financial Service Providers (FSPs) in the country reportedan increase of 15.97% in the number of borrowers.Comparing institutions by legal status, Savings and LoanSociety was among the major contributors to this growth(18.99%) as compared to micro banks that reported agrowth of 9.46%. Gross Loan portfolio too grew at a rate of10.14%. The major contributors to growth in gross loanportfolio in Micro Bank peer group were Nationwide MicroBank and People’s Micro Bank that reported growth ratesof 19.2% and 10.1% respectively. With respect to the samein Savings and Loan Society, NCSL was the biggestcontributor with a reported Gross Loan Portfolio of PGK63.54 million (22.3% increase). Meanwhile, FSPs witnessed adecrease of 19.58% in Depositors. However, Deposits grewat a rate of 3.73% in PGK which is comparable with theincrease in the number of Deposit Accounts (10%).Comparing by legal status, Savings and Loans Societyreported a growth of 10.73% in Deposits, while micro banksreported a decline of 2.02%.
Institutional Characteristics
Total Assets in FY 2017 stood at PGK 486.26 million, an increase ofnearly 5.41%. Micro Bank peer group witnessed a growth in assetsby 3.46% during this period, where the major contributor wasPeople’s Micro Bank which reported assets worth PGK 101.13million (18.18% growth). Savings and Loan Society peer groupreported higher growth in assets at 8.07% with NCSL being themajor contributor, reporting a growth of nearly 8.84% with assetsvalued at PGK 157.90 million. In comparison, Total Equity reported alarger growth of 22.16% as compared to Total Assets. Micro Bankpeer group was the major contributor to this growth (evaluated at30.61%), while Savings and Loan Society reported a marginal growthof 2.62% in equity. FSPs reported a decrease in the number ofoffices by 3.23%, while Personnel increased by 10.41%.
Financial Performance
Profitability of the reporting FSPs saw a marginal increase in FY 2017to ROA of 0.08%. Return on equity increased from a negative of1.43% in FY 2016 to 4.41% in FY 2017—an increase of 5.83%. MicroBank peer group witnessed an increase of 12.35% on return onequity, standing at 0.79%. Savings and Loan Society peer groupcontinued to witness decline with return on equity dipping by 7.3 %.Financial revenue from assets increased to 16.87% at an aggregatedlevel while financial expense by assets increased to 2% in FY 2017.Regarding operational self-sufficiency, the country’s aggregate stoodat 114.04% in FY 2017—an increase of 42.45%. Micro Bank peergroup was the major contributor to this hike with an increase of59.04%.
Risk & Liquidity
Portfolio quality of the reporting FSPs improved at the end of FY 2017, measured by Portfolio at risk > 30 days, which reached17.38%—a decline of 1.79% from previous year. The decline was mainly driven by Savings and Loan Society, whose risk onportfolio stood at 27.63% in FY 2017 as compared to 33.07% in FY 2016—a decline of 5.44%. The risk on portfolio of micro bankssaw a marginal increase of 0.27%, standing at 11.09%. On the other hand, PAR > 90 days too saw a marginal decline of 0.06%,standing at 12.69%. Once again, the decline can be credited to Savings and Loan Society whose risk-on-loan portfolio witnessed adecline of 0.98%. Risk coverage increased by 12.12% in FY 2017 compared to FY 2016 and reached 49.39%.
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Benchmark Indicator Reference
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
FY 2016
Micro BankSavingsand LoanSociety
Total
FY 2017
Micro BankSavingsand LoanSociety
Total
Number of FSPs
ALB per borrower (PGK) (WAV)
Assets (PGK) m
Average deposit account balance (PGK) (WAV)
Borrowers per staff member (WAV)
Capital/assets (WAV)
Cost per borrower (PGK) (WAV)
Cost per deposit accounts (PGK) (WAV)
Deposit accounts per staff member (WAV)
Deposits (PGK) m
Deposits to total assets (WAV)
Equity (PGK) m
Financial expense/assets (WAV)
Financial revenue / assets (WAV)
Gross Loan Portfolio (PGK) m
Gross loan portfolio to Assets (WAV)
Loan to deposit (WAV)
Number of active borrowers '000
Number of deposit accounts '000
Number of depositors '000
Offices
Operating expense / loan portfolio (WAV)
Operational self sufficiency (WAV)
Personnel
Portfolio at risk > 30 days (WAV)
Portfolio at risk > 90 days (WAV)
Profit margin (WAV)
Return on assets (WAV)
Return on equity (WAV)
Risk coverage (WAV)
Total expense / assets (WAV)
Yield on gross loan portfolio (WAV) 25.95%
15.83%
26.63%
-1.41%
-0.20%
-0.59%
14.74%
20.92%
670
99.42%
29.1%
65
500.59
509.74
36.85
54.97%
44.84%
213.23
15.74%
1.05%
64.83
81.58%
387.92
760.81
114.63
1,496.64
13.63%
55.00
761.01
475.49
5,786.88
10
14.00%
9.47%
13.02%
18.98%
2.01%
17.51%
27.34%
39.42%
174
121.24%
16.7%
30
135.70
144.42
25.83
46.45%
39.92%
83.63
11.48%
1.26%
21.04
85.94%
180.05
830.02
93.60
526.98
10.04%
148.42
1,246.69
209.52
3,238.51
5
34.05%
21.03%
63.90%
-11.55%
-2.01%
-9.42%
6.60%
8.98%
496
91.39%
37.5%
35
364.89
365.32
11.02
62.35%
48.72%
129.59
19.22%
0.88%
43.79
78.15%
207.87
736.53
122.94
3,354.14
16.46%
22.22
569.00
265.97
11,757.81
5
29.12%
16.88%
42.39%
8.44%
1.26%
9.04%
12.26%
17.02%
700
107.13%
27.6%
60
388.62
540.46
40.29
57.43%
46.36%
225.42
16.87%
1.90%
76.63
80.71%
392.48
772.08
108.46
1,574.96
15.76%
57.55
726.21
486.26
5,595.34
8
15.63%
10.13%
16.91%
22.50%
2.13%
18.15%
19.71%
26.87%
135
115.50%
16.5%
27
135.74
144.47
28.22
45.63%
40.81%
86.15
11.70%
3.13%
19.43
89.44%
188.81
1,070.16
92.24
513.16
9.21%
209.05
1,306.89
211.10
3,052.74
3
37.40%
21.96%
73.57%
3.22%
0.61%
5.18%
7.64%
10.94%
565
103.89%
34.4%
33
252.89
395.99
12.07
68.38%
50.61%
139.26
20.75%
0.98%
57.20
74.02%
203.68
700.86
114.37
4,026.51
20.79%
21.35
514.35
275.17
11,542.89
5
Notes: (i) m = Millions (ii) WAV = Weighted average value
6
7
Assets
FY 2016 FY 2017
0
200
400
Assets (PGK) m - Balanced
0%
5%
10%
15%
% Change in Assets - Balanced461.29
486.26
5.41%
Percentage Change by Total[Balanced]
Total Assets (PGK) m
486.26reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0
100
200
300
Assets (PGK) m - Balanced
0%
10%
20%
30%
% Change in Assets - Balanced265.97 275.17
3.46%
195.32211.10
8.07%
Percentage Change of Peer Group [Balanced]
Benchmark by Peer group (PGK) m
Micro Bank Savings and Loan Society
Peoples MicroBank
NationwideMicrobank
PNG MicrofinanceKada Poroman MF Womens MicroBank
NCSL East New BritainSLS
Niu Ailan SLS
0
50
100
150
Assets (PGK) m 101.13
86.35
64.68
14.468.54
Peer Average 55.03
157.90
35.40
17.80
Peer Average 70.37Country Average 60.78
Legal Status
FY 2016
FSP Count Assets (PGK)m
FY 2017
FSP Count Assets (PGK)m
Micro Bank
Savings and Loan Society
Total 475.49
209.52
265.97
10
5
5
486.26
211.10
275.17
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Assets (PGK) m
Median Assets (PGK) m
Percentile (75) of Assets (PGK) m 90.05
50.04
16.97
81.79
25.13
9.61
Percentiles and Median
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank
Peoples MicroBank
NationwideMicrobank
PNGMicrofinance
Kada PoromanMF
Womens MicroBank
Savings and Loan Society
NCSLEast New Britain
SLSNiu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-10%
0%
10%
20%
% Change in Assets
0
50
100
150
Assets (PGK) m
18.18%
-1.90%
-8.17%
3.28%
7.61% 8.84%5.15%
7.28%
101.1385.57 88.02 86.35
70.43 64.68
14.00 14.46 7.94 8.54
145.07157.90
33.66 35.40
16.59 17.80
Institutions by Indicator (PGK) m and Year on Year Change (%)
8
Equity
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Micro Bank Savings and Loan Society
Peoples MicroBank
NationwideMicrobank
PNG Microfinance Womens MicroBank
Kada Poroman MF NCSL East New BritainSLS
Niu Ailan SLS
0
10
20
30
Equity (PGK) m
33.66
10.95
6.84
3.29 2.46
Peer Average 11.4413.41
3.08 2.94
Peer Average 6.48
Country Average 9.58
Benchmark by Peer group (PGK) m
Micro Bank
Peoples MicroBank
NationwideMicrobank
PNGMicrofinance
Womens MicroBank
Kada PoromanMF
Savings and Loan Society
NCSLEast New Britain
SLSNiu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
0%
50%
% Change in Equity
0
10
20
30
Equity (PGK) m
56.58%
-1.05%
22.37%
-14.98%
38.57%
-6.91%
22.50%
46.07%
21.50
33.66
11.06 10.95
5.59 6.843.87 3.29
1.78 2.46
14.41 13.41
2.51 3.08 2.01 2.94
Institutions by Indicator (PGK) m and Year on Year Change (%)
FY 2016 FY 2017
0
20
40
60
80
100
Equity (PGK) m - Balanced
0%
10%
20%
30%
40%
% Change in Equity - Balanced
62.73
76.63
22.16%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP countEquity (PGK)
m
FY 2017
FSP countEquity (PGK)
m
Micro Bank
Savings and Loan Society
Total 64.83
21.04
43.79
10
5
5
76.63
19.43
57.20
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Equity (PGK) m
Median Equity (PGK) m
Percentile (75) of Equity (PGK) m 11.56
5.06
3.04
9.69
3.19
2.13
Percentiles and Median
Total Equity (PGK) m
76.63reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0
20
40
60
80
Equity (PGK) m - Balanced
0%
10%
20%
30%
% Change in Equity - Balanced
43.79
57.20
30.61%
18.93 19.43
2.62%
Percentage Change of Peer group [Balanced]
9
Offices
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Micro Bank Savings and Loan Society
NationwideMicrobank
PNG Microfinance Peoples MicroBank
Kada Poroman MF Womens MicroBank
NCSL East New BritainSLS
Niu Ailan SLS
0
5
10
15
20
Offices
12
9
7
32
Peer Average 6.60
19
5
3
Country Average 7.50
Peer Average 9.00
Benchmark by Peer group
Micro Bank
NationwideMicrobank
PNGMicrofinance
Peoples MicroBank
Kada PoromanMF
Womens MicroBank
Savings and Loan Society
NCSLEast New Britain
SLSNiu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-50%
0%
% Change in Offices
0
10
20
Offices
9.09%
-18.18%
16.67%
0.00%
-50.00%
0.00% 0.00% 0.00%
1112
119
67
3 34
2
19 19
5 53 3
Institutions by Indicator and Year on Year Change (%)
FY 2016 FY 2017
0
20
40
60
80
Offices - Balanced
-3%
-2%
-1%
0%
% Change in Offices - Balanced
62 60
-3.23%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP count Offices
FY 2017
FSP count Offices
Micro Bank
Savings and Loan Society
Total 65
30
35
10
5
5
60
27
33
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Offices
Median Offices
Percentile (75) of Offices 10
6
3
10
5
3
Percentiles and Median
Total Offices
60reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0
20
40
Offices - Balanced
-10%
-5%
0%
5%
10%
% Change in Offices - Balanced
3533
-5.71%
27 27
0.00%
Percentage Change of Peer group[Balanced]
10
Personnel
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Micro Bank Savings and Loan Society
NationwideMicrobank
PNG Microfinance Peoples MicroBank
Kada Poroman MF Womens MicroBank
NCSL East New BritainSLS
Niu Ailan SLS
0
50
100
150
200
Personnel
188
162
141
38 36
Peer Average 113.00
69
45
21
Peer Average 45.00
Country Average 87.50
Benchmark by Peer group
Micro Bank
NationwideMicrobank
PNGMicrofinance
Peoples MicroBank
Kada PoromanMF
Womens MicroBank
Savings and Loan Society
NCSLEast New Britain
SLSNiu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
0%
50%
% Change in Personnel
0
100
200
Personnel
13.25%
0.00%
19.49%
40.74%
56.52%
2.99%
-10.00%0.00%
166
188
162 162
118
141
2738
2336
67 6950 45
21 21
Institutions by Indicator and Year on Year Change (%)
FY 2016 FY 2017
0
500
1,000
1,500
Personnel - Balanced
0%
5%
10%
% Change in Personnel - Balanced
634700
10.41%
Percentage Change by total[Balanced]
Legal Status
FY 2016
FSP count Personnel
FY 2017
FSP count Personnel
Micro Bank
Savings and Loan Society
Total 670
174
496
10
5
5
700
135
565
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Personnel
Median Personnel
Percentile (75) of Personnel 146
57
38
105
39
24
Percentiles and Median
Total Personnel
700reported as of FY 2017
Micro Bank Savings and LoanSociety
FY 2016 FY 2017 FY 2016 FY 2017
0
200
400
600
800
Personnel - Balanced
0%
10%
% Change in Personnel - Balanced
496
565
13.91%
138 135
-2.17%
Percentage Change of Peer group [Balanced]
11
12
Gross loan portfolio to Assets
GLP to Assets (WAV)Aggregated to
46.36%reported as of FY 2017
FY 2016 FY 2017
0%
20%
40%
60%
80%
Gross loan portfolio to Assets (WAV) -
Balanced
0.0%
0.5%
1.0%
1.5%
2.0%
% Change in Gross loan portfolio to Assets
(WAV) - Balanced
44.37% 46.36%
1.99%
Percentage Change by Total[Balanced]
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0%
20%
40%
60%
Gross loan portfolio to Assets (WAV) -
Balanced
0.0%
1.0%
2.0%
% Change in Gross loan portfolio to
Assets (WAV) - Balanced
48.72%50.61%
1.89% 38.44%40.81%
2.37%
Percentage Change of Peer Group [Balanced]
Benchmark by Peer group
FY 2016 FY 2017
Percentile (25) of Gross Loan Portfolioto Assets
Median Gross Loan Portfolio to Assets
Percentile (75) of Gross Loan Portfolioto Assets
48.58%
39.14%
34.41%
56.12%
40.36%
28.45%
Percentiles and Median
Legal Status
FY 2016
FSP countGross loanportfolio toAssets (WAV)
FY 2017
FSP countGross loanportfolio toAssets (WAV)
Micro Bank
Savings and Loan Society
Aggregated 44.84%
39.92%
48.72%
10
5
5
46.36%
40.81%
50.61%
8
3
5
Benchmark by Legal status
Micro Bank Savings and Loan Society
NationwideMicrobank
PNG Microfinance Peoples MicroBank
Kada Poroman MF Womens MicroBank
East New BritainSLS
NCSL Niu Ailan SLS
0%
20%
40%
60%
Gross loan portfolio to Assets (WAV) - Balanced 66.26%
58.17%
38.03%
27.26%23.64%
Peer Average 50.61%45.38%
40.24%36.79%
Peer Average 40.81%
Country Average 46.36%
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank
NationwideMicrobank
PNGMicrofinance
Peoples MicroBank
Kada PoromanMF
Womens MicroBank
Savings and Loan Society
East New BritainSLS
Niu Ailan SLS NCSL
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-10%
0%
10%
Difference in Gross loan
portfolio to Assets (WAV) -
Balanced
0%
20%
40%
60%
Gross loan portfolio to
Assets (WAV) - Balanced
7.24%
-0.94%0.31%
6.33%
13.60%
-2.05%
-6.20%
4.41%
59.02%66.26%
59.11% 58.17%
37.72% 38.03%
20.93%27.26%
10.04%
23.64%
47.43% 45.38% 42.99%36.79% 35.83%
40.24%
Institutions by Indicator and Year on Year Change (%)
13
Capital to assets
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
Womens MicroBank
Peoples MicroBank
Kada Poroman MF NationwideMicrobank
PNG Microfinance Niu Ailan SLS East New BritainSLS
NCSL
10%
20%
30%
40%
Capital/assets (WAV)
38.49%
33.29%
17.03%
12.68%10.57%
Peer Average 20.79%
16.49%
8.70% 8.50%Peer Average 9.21%
Country Average 15.76%
Benchmark by Peer group
Micro Bank
Womens MicroBank
Peoples MicroBank
Kada PoromanMF
NationwideMicrobank
PNGMicrofinance
Savings and Loan Society
Niu Ailan SLS NCSLEast New Britain
SLS
FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016
-10%
0%
10%
% Change in Capital/assets
ratio (WAV)
0%
20%
40%
Capital/assets ratio (WAV)
10.23%
-8.17%
-4.34%
-0.11%-2.64%
-4.38%
1.43%
-1.23%
38.49%
48.72%
33.29%
25.12%
17.03%12.69% 12.68% 12.57% 10.57%
7.93%
16.49%12.11%
8.50% 9.93% 8.70% 7.47%
Institutions by Indicator and Year on Year Change (%)
FY 2016 FY 2017
0%
5%
10%
15%
20%
Capital/assets (WAV) - Balanced
0.0%
1.0%
2.0%
Change in Capital/assets ratio (WAV) -
Balanced
13.60%
15.76%2.16%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP count Capital/assets(WAV)
FY 2017
FSP count Capital/assets(WAV)
Micro Bank
Savings and Loan Society
Aggregated 13.63%
10.04%
16.46%
10
5
5
15.76%
9.21%
20.79%
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Capital /asset ratio
Median Capital /asset ratio
Percentile (75) of Capital /asset ratio 21.10%
14.59%
10.10%
22.01%
12.34%
8.43%
Percentiles and Median
Capital/Asset Ratio(WAV) aggregated to
15.76%reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0%
10%
20%
30%
Capital/assets (WAV) - Balanced
0%
2%
4%
Change in Capital/assets ratio
(WAV) - Balanced
16.46%
20.79%
4.32%
9.69% 9.21%
-0.48%
Percentage Change of Peer group [Balanced]
14
Deposit to total assets
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
Kada Poroman MFPNG Microfinance NationwideMicrobank
Peoples MicroBank
Womens MicroBank
NCSL East New BritainSLS
Niu Ailan SLS
0%
20%
40%
60%
80%
100%
Deposits to total assets (WAV)
101.95%
80.61% 79.96%
62.27%55.81%
Peer Average 74.02%
90.44% 88.51%82.45%Peer Average 89.44%
Country Average 80.71%
Benchmark by Peer group
Micro Bank
Kada PoromanMF
PNGMicrofinance
NationwideMicrobank
Peoples MicroBank
Womens MicroBank
Savings and Loan Society
NCSLEast New Britain
SLSNiu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-10%
0%
10%
Change in Deposits to
total assets (WAV)
0%
50%
100%
Deposits to total assets
(WAV)
0.78%
-4.16%
1.54%
-9.52%
11.28%
2.77%
-1.10%
3.04%
101.17% 101.95%
84.77% 80.61% 78.42% 79.96%71.79%
62.27%
44.53%55.81%
87.67% 90.44% 89.61% 88.51%79.41% 82.45%
Institutions by Indicator and Year on Year Change (%)
FY 2016 FY 2017
0%
50%
100%
Deposits to total assets (WAV) -
Balanced
0%
Change in Deposits to total assets
(WAV) - Balanced82.03% 80.71%
-1.31%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP countDeposits tototal assets(WAV)
FY 2017
FSP countDeposits tototal assets(WAV)
Micro Bank
Savings and Loan Society
Aggregated 81.58%
85.94%
78.15%
10
5
5
80.71%
89.44%
74.02%
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Deposits to total assets
Median Deposits to total assets
Percentile (75) of Deposits to total assets 88.99%
81.53%
75.54%
86.95%
78.92%
70.17%
Percentiles and Median
Deposits/Assets(WAV) aggregated to
80.71%reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0%
50%
100%
Deposits to total assets (WAV) -
Balanced
-4%
-2%
0%
2%
Change in Deposits to total
assets (WAV) - Balanced
78.15%74.02%
-4.14%
87.30% 89.44%
2.14%
Percentage Change of Peer group[Balanced]
15
Loan to deposit
Loan to deposit(WAV) aggregate to
57.43%reported as of FY 2017
FY 2016 FY 2017
0%
20%
40%
60%
Loan to deposit (WAV) - Balanced
0%
2%
4%
Difference in Loan to deposit (WAV) -
Balanced
54.09%57.43%
3.34%
Percentage Change by Total[Balanced]
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0%
50%
100%
Loan to deposit (WAV) - Balanced
0%
2%
4%
6%
Difference in Loan to deposit
(WAV) - Balanced
62.35%68.38%
6.03%
44.03% 45.63%
1.60%
Percentage Change of Peer Group [Balanced]
Benchmark by Peer group
FY 2016 FY 2017
Percentile (25) of Loan to deposit
Median Loan to deposit
Percentile (75) of Loan to deposit 63.85%
47.95%
43.96%
65.83%
52.74%
40.05%
Percentiles and Median
Legal Status
FY 2016
FSP count Loan todeposit (WAV)
FY 2017
FSP count Loan todeposit (WAV)
Micro Bank
Savings and Loan Society
Aggregated 54.97%
46.45%
62.35%
10
5
5
57.43%
45.63%
68.38%
8
3
5
Benchmark by Legal status
Micro Bank Savings and Loan Society
NationwideMicrobank
PNG Microfinance Peoples MicroBank
Womens MicroBank
Kada Poroman MF East New BritainSLS
Niu Ailan SLS NCSL
0%
20%
40%
60%
80%
Loan to deposit (WAV)
82.86%
72.16%
61.07%
42.35%
26.74%
Peer Average 68.38%Country Average 57.43%
51.28%
44.62% 44.50%Peer Average 45.63%
CountryAverage57.43%
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank
NationwideMicrobank
PNGMicrofinance
Peoples MicroBank
Womens MicroBank
Kada PoromanMF
Savings and Loan Society
East New BritainSLS
Niu Ailan SLS NCSL
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-50%
0%
50%
Difference in Loan to
deposit (WAV) - Balanced
0%
20%
40%
60%
80%
Loan to deposit (WAV) -
Balanced
7.60%2.44%
8.52%
19.81%
6.05%-1.65%
-9.52%
3.63%
75.26%82.86%
69.72% 72.16%
52.55%61.07%
22.54%
42.35%
20.69%26.74%
52.93% 51.28% 54.13%
44.62%40.87%
44.50%
Institutions by Indicator and Year on Year Change (%)
16
17
Number of active borrowers
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
NationwideMicrobank
PNG Microfinance Peoples MicroBank
Kada Poroman MF Womens MicroBank
NCSL Niu Ailan SLS East New BritainSLS
0
5
10
15
20
25
Number of active borrowers '000
4.98
2.95 2.391.30
0.45
Peer Average 2.41
23.38
2.842.00
Peer Average 9.41
CountryAverage 5.04
Benchmark by Peer group '000
Micro Bank
NationwideMicrobank
PNGMicrofinance
Peoples MicroBank
Kada PoromanMF
Womens MicroBank
Savings and Loan Society
NCSL Niu Ailan SLSEast New Britain
SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-20%
0%
20%
40%
% Change in Number of
active borrowers
0
10
20
Number of active
borrowers '000
18.48%
-2.48%3.28%
11.85%
40.13%
28.59%
-19.63%
0.00%
4.20 4.983.02 2.95 2.32 2.39
1.17 1.30 0.32 0.45
18.18
23.38
3.54 2.84 2.00 2.00
Institutions by Indicator '000 and Year on Year Change (%)
FY 2016 FY 2017
0
20
40
60
80
Number of active borrowers '000 -
Balanced
0%
5%
10%
15%
20%
% Change in Number of active borrowers -
Balanced
34.74
40.29
15.97%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP count
Number ofactive
borrowers'000
FY 2017
FSP count
Number ofactive
borrowers'000
Micro Bank
Savings and Loan Society
Total 36.85
25.83
11.02
10
5
5
40.29
28.22
12.07
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Number of activeborrowers '000
Median Number of active borrowers '000
Percentile (75) of Number of activeborrowers '000
3.45
2.62
1.83
3.41
2.16
1.21
Percentiles and Median
Total Number ofActive Borrowers '000
40.29reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0
10
20
30
Number of active borrowers '000 -
Balanced
0%
10%
20%
30%
% Change in Number of active
borrowers - Balanced
11.0212.07
9.46%
23.72
28.22
18.99%
Percentage Change of Peer group [Balanced]
18
Gross Loan Portfolio
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
NationwideMicrobank
Peoples MicroBank
PNG Microfinance Kada Poroman MF Womens MicroBank
NCSL East New BritainSLS
Niu Ailan SLS
0
10
20
30
40
50
60
70
Gross Loan Portfolio (PGK) m
57.22
38.47 37.62
3.942.02
Peer Average 27.85
63.54
16.06
6.55
Peer Average 28.72
Country Average 28.18
Benchmark by Peer group (PGK) m
FY 2016 FY 2017
0
50
100
150
200
250
Gross loan portfolio (PGK) m - Balanced
0%
5%
10%
15%
% Change in Gross loan portfolio -
Balanced
204.67
225.42
10.14%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP countGross LoanPortfolio(PGK) m
FY 2017
FSP countGross LoanPortfolio(PGK) m
Micro Bank
Savings and Loan Society
Total 213.23
83.63
129.59
10
5
5
225.42
86.15
139.26
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Gross Loan Portfolio (PGK) m
Median Gross Loan Portfolio (PGK) m
Percentile (75) of Gross Loan Portfolio (PGK) m 43.15
26.84
5.90
39.29
11.55
3.81
Percentiles and Median
Total GLP (PGK) m
225.42
reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0
50
100
150
Gross loan portfolio (PGK) m -
Balanced
0%
5%
10%
15%
% Change in Gross loan portfolio -
Balanced
129.59139.26
7.46%75.07
86.15
14.76%
Percentage Change of Peer group [Balanced]
Micro Bank
Peoples MicroBank
NationwideMicrobank
PNGMicrofinance
Kada PoromanMF
Womens MicroBank
Savings and Loan Society
NCSLEast New Britain
SLSNiu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
0%
100%
200%
Change in Gross loan
portfolio (PGK) m - Bala..
0.00
20.00
40.00
60.00
Gross loan portfolio
(PGK) m - Balanced
19.2% 10.1%-9.6%
34.5%
153.4%
22.3%0.6% -8.2%
32.2838.47
51.9557.22
41.6337.62
2.93 3.940.80 2.02
51.97
63.54
15.97 16.06
7.13 6.55
Institutions by Indicator (PGK) m and Year on Year Change (%)
19
Average loan balance (ALB) per borrower
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
Peoples MicroBank
PNG Microfinance NationwideMicrobank
Womens MicroBank
Kada Poroman MF East New BritainSLS
NCSL Niu Ailan SLS
0
5,000
10,000
15,000
ALB per borrower (PGK) (WAV)
16,081
12,762
11,501
4,517
3,025
Peer Average 11,542.89
8,032
2,7182,305
Peer Average 3,052.74
Country Average 5,595.34
Benchmark by Peer group (PGK)
Micro Bank
Peoples MicroBank
PNGMicrofinance
NationwideMicrobank
Womens MicroBank
Kada PoromanMF
Savings and Loan Society
East New BritainSLS
NCSL Niu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
0%
50%
100%
% Change in ALB per
borrower (WAV)
0
5,000
10,000
15,000
ALB per borrower (PGK)
(WAV)
15.37%
-7.33% -7.05%
80.82%
20.28%
0.61% -4.92%
14.23%
13,938.75
16,080.85
13,771.6712,762.35 12,372.84
11,500.53
2,498.16
4,517.13
2,515.18 3,025.24
7,982.97 8,031.55
2,858.45 2,717.69 2,017.98 2,305.15
Institutions by Indicator (PGK) and Year on Year Change (%)
FY 2016 FY 2017
0
5,000
10,000
ALB per borrower (PGK) (WAV) - Balanced
-4%
-2%
% Change in ALB per borrower (WAV) -
Balanced
5,891.55 5,595.34
-5.03%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP countALB perborrower(PGK) (WAV)
FY 2017
FSP countALB perborrower(PGK) (WAV)
Micro Bank
Savings and Loan Society
Total 5,786.88
3,238.51
11,757.81
10
5
5
5,595.34
3,052.74
11,542.89
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of ALB per borrower (PGK)
Median ALB per borrower (PGK)
Percentile (75) of ALB per borrower (PGK) 11,815.99
6,274.34
2,948.35
11,275.37
3,848.71
2,568.47
Percentiles and Median
Total ALB perBorrower (PGK)
(WAV)
5,595.34reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0
5,000
10,000
15,000
ALB per borrower (PGK) (WAV) -
Balanced
-4%
-3%
-2%
-1%
0%
% Change in ALB per borrower
(WAV) - Balanced
11,757.81 11,542.89
-1.83%
3,165.32 3,052.74
-3.56%
Percentage Change of Peer group[Balanced]
20
Number of depositors
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
Peoples MicroBank
NationwideMicrobank
PNG Microfinance Kada Poroman MF Womens MicroBank
NCSL East New BritainSLS
Niu Ailan SLS
0
20
40
60
80
100
Number of depositors '000
89.71
52.76 51.39
39.30
19.73
Peer Average 50.58
98.83
26.41
10.50
Peer Average 45.25
Country Average 48.58
Benchmark by Peer group '000
Micro Bank
NationwideMicrobank
Peoples MicroBank
PNGMicrofinance
Kada PoromanMF
Womens MicroBank
Savings and Loan Society
NCSLEast New Britain
SLSNiu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-100%
-50%
0%
50%
% Change in Number of
depositors
0
50
100
150
200
Number of depositors
'000
-70.14%
17.01%
-16.64%
11.78%
34.27%18.06%
8.67% 1.78%
176.72
52.76
76.6789.71
61.6551.39
35.16 39.30
14.69 19.73
83.7298.83
24.30 26.4110.31 10.50
Institutions by Indicator '000 and Year on Year Change (%)
FY 2016 FY 2017
0
200
400
600
Number of depositors '000 - Balanced
-20%
-15%
-10%
-5%
0%
% Change in Number of depositors - Bal..
483.22
388.62
-19.58%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP countNumber ofdepositors'000
FY 2017
FSP countNumber ofdepositors'000
Micro Bank
Savings and Loan Society
Total 500.59
135.70
364.89
10
5
5
388.62
135.74
252.89
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Number of depositors '000
Median Number of depositors '000
Percentile (75) of Number of depositors '000 62.00
45.35
24.74
72.91
29.73
11.41
Percentiles and Median
Total Number ofDepositors '000
388.62reported as of FY 2017
Micro Bank Savings and LoanSociety
FY 2016 FY 2017 FY 2016 FY 2017
0
200
400
Number of depositors '000 -
Balanced
-40%
-20%
0%
20%
% Change in Number of depositors
- Balanced
364.89
252.89
-30.69%
118.33135.74
14.71%
Percentage Change of Peer group[Balanced]
21
Number of deposit accounts
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
NationwideMicrobank
Peoples MicroBank
PNG MicrofinanceKada Poroman MF Womens MicroBank
NCSL East New BritainSLS
Niu Ailan SLS
0
50
100
150
200
Number of deposit accounts '000
195.64
89.71
51.3939.30
19.96
Peer Average 79.20
98.83
32.07
13.57
Peer Average 48.16
Country Average 67.56
Benchmark by Peer group '000
Micro Bank
NationwideMicrobank
Peoples MicroBank
PNGMicrofinance
Kada PoromanMF
Womens MicroBank
Savings and Loan Society
NCSLEast New Britain
SLSNiu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-20%
0%
20%
40%
% Change in Number of
deposit accounts
0
100
200
Number of deposit
accounts '000
10.70%17.01%
-16.64%
11.78%
31.95%
18.06%
8.88%5.68%
176.72195.64
76.6789.71
61.6551.39
35.16 39.30
15.12 19.96
83.7298.83
29.45 32.0712.84 13.57
Institutions by Indicator '000 and Year on Year Change (%)
FY 2016 FY 2017
0
200
400
600
Number of deposit accounts '000 -
Balanced
0%
5%
10%
% Change in Number of deposit accounts
- Balanced
491.33540.46
10.00%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP countNumber ofdeposit
accounts '000
FY 2017
FSP countNumber ofdeposit
accounts '000
Micro Bank
Savings and Loan Society
Total 509.74
144.42
365.32
10
5
5
540.46
144.47
395.99
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Number of deposit accounts '000
Median Number of deposit accounts '000
Percentile (75) of Number of deposit accounts '000 91.99
45.35
29.04
72.91
32.30
13.41
Percentiles and Median
Total Number ofDeposit Accounts '000
540.46reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0
100
200
300
400
Number of deposit accounts '000 -
Balanced
0%
10%
20%
% Change in Number of deposit
accounts - Balanced
365.32395.99
8.40%126.01
144.47
14.65%
Percentage Change of Peer group [Balanced]
22
Deposits
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
NationwideMicrobank
Peoples MicroBank
PNG Microfinance Kada Poroman MF Womens MicroBank
NCSL East New BritainSLS
Niu Ailan SLS
0
50
100
150
Deposits (PGK) m
69.0562.98
52.14
14.744.77
Peer Average 40.74
142.80
31.33
14.68
Peer Average 62.94
Country Average 49.06
Benchmark by Peer group (PGK) m
Micro Bank
NationwideMicrobank
Peoples MicroBank
PNGMicrofinance
Kada PoromanMF
Womens MicroBank
Savings and Loan Society
NCSLEast New Britain
SLSNiu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-20%
0%
20%
40%
% Change in Deposits
0
50
100
150
Deposits (PGK) m
0.03% 2.52%
-12.68%
4.08%
34.87%
12.29%
3.85%
11.39%
69.03 69.0561.43 62.98 59.71
52.14
14.16 14.743.54 4.77
127.17
142.80
30.17 31.33
13.18 14.68
Institutions by Indicator (PGK) m and Year on Year Change (%)
FY 2016 FY 2017
0
100
200
300
400
500
Deposits (PGK) m - Balanced
0%
5%
10%
15%
% Change in Deposits - Balanced
378.38392.48
3.73%
Percentage Change by Total [Balanced]
Legal Status
FY 2016
FSP count Deposits(PGK) m
FY 2017
FSP count Deposits(PGK) m
Micro Bank
Savings and Loan Society
Total 387.92
180.05
207.87
10
5
5
392.48
188.81
203.68
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Deposits (PGK) m
Median Deposits (PGK) m
Percentile (75) of Deposits (PGK) m 64.50
41.73
14.72
61.00
22.16
7.29
Percentiles and Median
Total Deposits (PGK)m
392.48reported as of FY 2017
Micro Bank Savings and LoanSociety
FY 2016 FY 2017 FY 2016 FY 2017
0
100
200
300
Deposits (PGK) m - Balanced
0%
5%
10%
% Change in Deposits - Balanced
207.87 203.68
-2.02%
170.52188.81
10.73%
Percentage Change of Peer group[Balanced]
23
Average deposit account balance
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
FY 2016 FY 2017
0
200
400
600
800
Average deposit account balance (PGK) (WAV)
- Balanced
-6%
-4%
-2%
0%
% Change in Average deposit account
balance (WAV) - Balanced
770.13726.21
-5.70%
Percentage Change by Total[Balanced]
FY 2016 FY 2017
Percentile (25) of Average deposit account balance(PGK)
Median Average deposit account balance (PGK)
Percentile (75) of Average deposit account balance(PGK)
1,031.25
839.54
369.56
1,010.33
704.61
411.14
Percentiles and Median
Micro Bank
PNGMicrofinance
Peoples MicroBank
Kada PoromanMF
NationwideMicrobank
Womens MicroBank
Savings and Loan Society
NCSL Niu Ailan SLSEast New Britain
SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-10%
0%
10%
% Change in Average
deposit account balance
(WAV)
0
500
1,000
1,500
Average deposit account
balance (PGK) (WAV)
4.75%
-12.38%
-6.89%-9.64%
2.21%
-4.89%
5.40%
-4.62%
1,014.51968.49801.28
702.09
402.83 375.09 390.61 352.95233.76 238.93
1,519.121,444.89
1,026.05 1,081.46 1,024.27 976.98
Institutions by Indicator (PGK) and Year on Year Change (%)
Micro Bank Savings and Loan Society
PNG Microfinance Peoples MicroBank
Kada Poroman MF NationwideMicrobank
Womens MicroBank
NCSL Niu Ailan SLS East New BritainSLS
0
500
1,000
1,500
Average deposit account balance (PGK) (WAV)
1,014.51
702.09
375.09 352.95
238.93
Peer average 514.35
Country Average 726.21
1,444.89
1,081.46
976.98
Peer average 1,306.89
CountryAverage726.21
Benchmark by Peer group (PGK)
Legal Status
FY 2016
FSP count
Averagedepositaccount
balance (PGK)(WAV)
FY 2017
FSP count
Averagedepositaccount
balance (PGK)(WAV)
Micro Bank
Savings and Loan Society
Aggregated 761.01
1,246.69
569.00
10
5
5
726.21
1,306.89
514.35
8
3
5
Benchmark by Legal status
Average DepositAccount Balance(PGK) (WAV)
726.21reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016FY 2017FY 2016FY 2017
0
500
1,000
1,500
Average deposit account balance (PGK)
(WAV) - Balanced
-10%
-5%
0%
% Change in Average deposit account
balance (WAV) - Balanced
569.00514.35
-9.60%
1,353.211,306.89
-3.42%
Percentage Change of Peer group[Balanced]
24
25
Return on assets
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
Peoples MicroBank
PNG MicrofinanceKada Poroman MF NationwideMicrobank
Womens MicroBank
Niu Ailan SLS East New BritainSLS
NCSL
-20%
-10%
0%
Return on assets (WAV)
-22.22%
-0.13%
2.39% 1.85%0.86%
Peer Average 0.61%
4.68% 4.65%
1.26%Peer Average 2.13%
Country Average 1.26%
Benchmark by Peer group
Micro Bank
Kada PoromanMF
Peoples MicroBank
NationwideMicrobank
PNGMicrofinance
Womens MicroBank
Savings and Loan Society
Niu Ailan SLSEast New Britain
SLSNCSL
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-5%
0%
5%
10%
% Change in Return on
assets (WAV)
-20%
0%
Return on assets (WAV)
-1.46%
2.11%
-1.12%
8.89%
4.79%
-1.75%
2.32% 0.86% 0.28%2.39%
-0.13%
0.99%
-4.95%
1.85%
-31.11%
-22.22%
-0.11%
4.68%
-0.12%
4.65% 3.01% 1.26%
Institutions by Indicator and Year on Year Change (%)
FY 2016 FY 2017
-3%
-2%
-1%
0%
1%
2%
Return on assets (WAV) - Balanced
-0.1%
0.0%
0.1%
Change in Return on assets (WAV) - Balanced
-0.20%
1.26%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP count Return onassets (WAV)
FY 2017
FSP count Return onassets (WAV)
Micro Bank
Savings and Loan Society
Aggregated -0.20%
2.01%
-2.01%
10
5
5
1.26%
2.13%
0.61%
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Return on assets
Median Return on assets
Percentile (75) of Return on assets 2.96%
1.56%
0.61%
1.99%
0.09%
-2.37%
Percentiles and Median
Return on Assets(WAV) aggregated to
1.26%for FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
-4%
-2%
0%
2%
4%
Return on assets (WAV) - Balanced
-1%
0%
1%
2%
Change in Return on assets (WAV) -
Balanced
-2.01%
0.61%
2.19% 2.13%
-0.07%
Percentage Change of Peer group[Balanced]
26
Return on equity
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
PNG Microfinance Peoples MicroBank
Kada Poroman MF NationwideMicrobank
Womens MicroBank
East New BritainSLS
Niu Ailan SLS NCSL
-60%
-40%
-20%
0%
20%
40%
60%
Return on equity (WAV)
-51.18%
20.12%
-0.96%
8.10% 5.79% Peer Average 3.22%Country Average 8.44%
57.40%
32.59%
13.69%
Peer Average 22.50%
CountryAverage8.44%
Benchmark by Peer group
Micro Bank
Kada PoromanMF
Peoples MicroBank
NationwideMicrobank
PNGMicrofinance
Womens MicroBank
Savings and Loan Society
East New BritainSLS
NCSL Niu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
0%
50%
%Change in Return on
equity (WAV)
-50%
0%
50%
Return on equity (WAV)
-11.26%
6.92%
-8.78%
66.92%
2.76%
59.49%
-13.57%
33.49%
17.05%5.79% 1.18%
8.10%
-0.96%
7.82%
-46.80%
20.12%
-53.94% -51.18%
57.40%
-2.09%
27.26%13.69%
32.59%
-0.90%
Institutions by Indicator and Year on Year Change (%)
FY 2016 FY 2017
-10%
0%
10%
20%
Return on equity (WAV) - Balanced
-15%
-10%
-5%
0%
5%
10%
Change in Return on equity (WAV) - Balanced
-1.43%
8.44%
9.87%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP count Return onequity (WAV)
FY 2017
FSP count Return onequity (WAV)
Micro Bank
Savings and Loan Society
Aggregated -1.41%
18.98%
-11.55%
10
5
5
8.44%
22.50%
3.22%
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Return on equity
Median Return on equity
Percentile (75) of Return on equity 23.24%
10.90%
4.10%
6.16%
-1.50%
-37.65%
Percentiles and Median
Return on Equity(WAV) aggregated to
8.44%for FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
-20%
0%
20%
Return on equity (WAV) - Balanced
-10%
0%
10%
Change in Return on equity (WAV) -
Balanced
-11.55%
3.22%
14.77%
21.46% 22.50%
1.04%
Percentage Change of Peer group [Balanced]
27
Operating self sufficiency (OSS)
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
FY 2016 FY 2017
Percentile (25) of Operational self sufficiency
Median Operational self sufficiency
Percentile (75) of Operational self sufficiency 115.48%
111.89%
106.53%
118.05%
100.93%
86.87%
Percentiles and Median
FY 2016 FY 2017
0%
50%
100%
Operational self sufficiency (WAV) -
Balanced
0.0%
20.0%
40.0%
% Change in Operational self sufficiency
(WAV) - Balanced
107.13%99.44%
7.68%
Percentage Change by Total [Balanced]
Micro BankSavings and Loan
Society
FY 2016FY 2017FY 2016FY 2017
0%
50%
100%
150%
Operational self sufficiency (WAV) -
Balanced
0%
20%
40%
60%
80%
100%
% Change in Operational self
sufficiency (WAV) - Balanced
103.89%91.39%
12.50%
122.89%115.50%
-7.39%
Percentage Change of Peer group [Balanced]
Legal Status
FY 2016
FSP countOperationalself sufficiency
(WAV)
FY 2017
FSP countOperationalself sufficiency
(WAV)
Micro Bank
Savings and Loan Society
Aggregated 99.42%
121.24%
91.39%
10
5
5
107.13%
115.50%
103.89%
8
3
5
Benchmark by Legal status
Micro Bank Savings and Loan Society
PNG Microfinance Peoples MicroBank
Kada Poroman MF NationwideMicrobank
Womens MicroBank
East New BritainSLS
Niu Ailan SLS NCSL
0%
50%
100%
150%
Operational self sufficiency (WAV)
107.25%
122.98%112.98%
104.36%
13.55%
Peer Average 103.89%
111.01%
161.81%
112.77%Peer Average 115.50%
Country Average 107.13%
Benchmark by Peer group
Micro Bank
Kada PoromanMF
Peoples MicroBank
NationwideMicrobank
PNGMicrofinance
Womens MicroBank
Savings and Loan Society
East New BritainSLS
NCSL Niu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-50%
0%
50%
Difference in Operational
self sufficiency (WAV) -
Balanced
0%
50%
100%
150%
Operational self
sufficiency (WAV) -
Balanced
-8.95%
20.45%
-2.05%
24.27%
-6.84%
11.68%
-25.26%
63.27%
121.93%112.98%
102.53%
122.98%106.41% 104.36% 107.25%
82.98%
20.39% 13.55%
111.01%99.33%
138.03%
112.77%
161.81%
98.54%
Institutions by Indicator and Year on Year Change (%)
Operational SelfSufficiency (WAV)aggregated to
107.13%for FY 2017
28
29
Financial revenue by assets
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
PNG Microfinance NationwideMicrobank
Kada Poroman MF Womens MicroBank
Peoples MicroBank
East New BritainSLS
Niu Ailan SLS NCSL
0%
5%
10%
15%
20%
25%
30%
Financial revenue / assets (WAV)
27.35%
24.76%
18.10%
15.22%
13.14%
Peer Average 20.75%
14.01%12.26%
11.11%Peer Average 11.70%
Country Average 16.87%
Benchmark by Peer group
FY 2016 FY 2017
0%
10%
20%
30%
Financial revenue / assets (WAV) -
Balanced
0%
Change in Financial revenue / assets
(WAV) - Balanced
16.02%16.87%
0.84%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP countFinancialrevenue /assets (WAV)
FY 2017
FSP countFinancialrevenue /assets (WAV)
Micro Bank
Savings and Loan Society
Aggregated 15.74%
11.48%
19.22%
10
5
5
16.87%
11.70%
20.75%
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Financial revenue / assets
Median Financial revenue / assets
Percentile (75) of Financial revenue / assets 19.77%
14.62%
12.92%
18.23%
11.19%
8.30%
Percentiles and Median
FinancialRevenue/Assets (WAV)
aggregated to
16.87%for FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0%
10%
20%
30%
Financial revenue / assets (WAV) -
Balanced
0%
1%
Change in Financial revenue / assets
(WAV) - Balanced
19.22%20.75%
1.53%
11.78% 11.70%
-0.08%
Percentage Change of Peer group [Balanced]
Micro Bank
Kada PoromanMF
Peoples MicroBank
NationwideMicrobank
PNGMicrofinance
Womens MicroBank
Savings and Loan Society
East New BritainSLS
NCSL Niu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-5%
0%
5%
10%
Change in Financial
revenue / assets (WAV) -
Balanced
0%
10%
20%
30%
Financial revenue /
assets (WAV) - Balanced
-0.34%
1.70%0.49%
3.19%
7.25%
-3.58%
0.18%
4.80%
18.44% 18.10%
11.44%13.14%
24.27% 24.76% 24.16%27.35%
15.22%
7.97%
17.59%
14.01%10.93% 11.11% 12.26%
7.46%
Institutions by Indicator and Year on Year Change (%)
30
Yield on gross loan portfolio
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
Womens MicroBank
Kada Poroman MFPNG Microfinance NationwideMicrobank
Peoples MicroBank
East New BritainSLS
Niu Ailan SLS NCSL
0%
20%
40%
60%
80%
Yield on gross loan portfolio (WAV)
75.05%
65.81%
43.65%39.25%
23.43%
Peer Average 37.40%
21.72%
16.52%13.83%Peer Average 15.63%
Country Average 29.12%
Benchmark by Peer group
Micro Bank
Womens MicroBank
Kada PoromanMF
PNGMicrofinance
NationwideMicrobank
Peoples MicroBank
Savings and Loan Society
East New BritainSLS
Niu Ailan SLS NCSL
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
0%
20%
40%
% Change in Yield on
gross portfolio (WAV)
0%
50%
100%
Yield on gross portfolio
(WAV)
39.56%
18.74%
8.32%
0.72% 1.13% -0.20%3.74%
1.06%
35.49%
75.05%
47.07%
65.81%
35.33%43.65%
38.53% 39.25%
22.30% 23.43% 21.92% 21.72%12.78% 16.52% 12.77% 13.83%
Institutions by Indicator and Year on Year Change (%)
FY 2016 FY 2017
0%
10%
20%
30%
40%
50%
Yield on gross loan portfolio (WAV) -
Balanced
0.0%
1.0%
2.0%
Change in Yield on gross portfolio (WAV) -
Balanced26.82%
29.12%
2.30%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP countYield on grossloan portfolio(WAV)
FY 2017
FSP count
Yield ongross loanportfolio(WAV)
Micro Bank
Savings and Loan Society
Aggregated 25.95%
14.00%
34.05%
10
5
5
29.12%
15.63%
37.40%
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Yield on gross loan portfolio(nominal)
Median Yield on gross loan portfolio (nominal)
Percentile (75) of Yield on gross loan portfolio(nominal)
49.19%
31.34%
20.42%
35.45%
22.11%
12.77%
Percentiles and Median
Yield on GLP (WAV)aggregated to
29.12%for FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0%
20%
40%
60%
Yield on gross loan portfolio (WAV) -
Balanced
0%
1%
2%
3%
Change in Yield on gross portfolio
(WAV) - Balanced
34.05%37.40%
3.35%
14.78% 15.63%
0.85%
Percentage Change of Peer group [Balanced]
31
Financial expense by assets
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
NationwideMicrobank
PNG Microfinance Peoples Micro Bank Kada Poroman MF NCSL East New Britain SLS Niu Ailan SLS
0.0%
1.0%
2.0%
3.0%
Financial expense/assets (WAV)
1.51%
1.24%
0.52%
0.00%
Peer Average 1.06%
3.45%
2.45%
1.69%
Peer Average 3.13%
Country Average 1.90%
Benchmark by Peer group
Micro Bank
NationwideMicrobank
PNGMicrofinance
Peoples MicroBank
Kada PoromanMF
Womens MicroBank
Savings and Loan Society
East New BritainSLS
NCSL Niu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-0.8%
0.0%
0.8%
1.6%
2.4%3.2%
% Change in Financial
expense/assets (WAV)
0%
1%
2%
3%
4%
Financial
expense/assets (WAV)
0.27%0.08% -0.03% -0.06%
2.42%
0.05%
1.24%1.51%
1.16% 1.24%
0.55% 0.52%
2.51% 2.45%
1.03%
3.45%
1.64% 1.69%
Institutions by Indicator and Year on Year Change (%)
FY 2016 FY 2017
0%
1%
2%
3%
4%
5%
Financial expense/assets (WAV) - Balanced
0%
1%
2%
3%
4%
5%
Change in Financial expense/assets (WAV)
- Balanced
1.14%
2.00%
0.86%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP countFinancialexpense/assets (WAV)
FY 2017
FSP countFinancialexpense/assets (WAV)
Micro Bank
Savings and Loan Society
Aggregated 1.05%
1.26%
0.88%
10
5
5
1.90%
3.13%
0.98%
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Financial expense / assets
Median Financial expense / assets
Percentile (75) of Financial expense / assets 1.88%
1.38%
0.39%
1.22%
0.92%
0.14%
Percentiles and Median
FinancialExpense/Assets (WAV)aggregated to
1.90%for FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017FY 2016 FY 2017
0%
1%
2%
3%
4%
Financial expense/assets (WAV) -
Balanced
0%
1%
2%
3%
4%
Change in Financial expense/assets
(WAV) - Balanced
0.97% 1.06%
0.09%
1.34%
3.13%
1.79%
Percentage Change of Peer group [Balanced]
32
Operating Expense / loan portfolio
Operatingexpense/loanportfolio
27.63%reported as of FY 2017
FY 2016 FY 2017
0%
10%
20%
30%
40%
50%
Operating expense / loan portfolio (WAV) -
Balanced
-2.5%
-2.0%
-1.5%
-1.0%
-0.5%
% change in Operating expense / loan
portfolio (WAV) - Balanced
29.87%27.63%
-2.24%
Percentage Change by Total[Balanced]
Micro BankSavings and Loan
Society
FY 2016FY 2017FY 2016FY 2017
0%
20%
40%
Operating expense / loan portfolio
(WAV) - Balanced
-10%
-5%
0%
5%
10%
% change in Operating expense / loan
portfolio (WAV) - Balanced37.52%
34.44%
-3.08%17.12% 16.53%
-0.59%
Percentage Change of Peer Group [Balanced]
Benchmark by Peer group
Micro Bank Savings and Loan Society
Peoples MicroBank
NationwideMicrobank
PNG Microfinance Kada Poroman MF Womens MicroBank
NCSL East New BritainSLS
Niu Ailan SLS
0%
100%
200%
Operating expense / loan portfolio (W..
219.1%
24.3% 32.5% 36.7%
66.4%
Peer Average 34.44%15.1% 22.7% 14.1%Peer Average 16.53%
Country Average 27.63%
Legal Status
FY 2016
FSP count
Operatingexpense /
loan portfolio(WAV)
FY 2017
FSP count
Operatingexpense /
loan portfolio(WAV)
Micro Bank
Savings and Loan Society
Aggregated 29.09%
16.66%
37.52%
10
5
5
27.63%
16.53%
34.44%
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Operating expense / loanportfolio
Median Operating expense / loan portfolio
Percentile (75) of Operating expense / loanportfolio
44.08%
28.43%
20.80%
38.99%
30.48%
17.51%
Percentiles and Median
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank
Peoples MicroBank
NationwideMicrobank
PNGMicrofinance
Kada PoromanMF
Womens MicroBank
Savings and Loan Society
NCSLEast New Britain
SLSNiu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-50%
0%
50%
% Change in Operating
expense / loan portfolio
(WAV)
0%
200%
400%
600%
Operating expense / loan
portfolio (WAV)
-15.5%
1.2%-9.5%
53.7%
-58.6%
-3.0% -2.5% 0.8%
28.8% 24.3% 32.1% 32.5% 40.5% 36.7% 43.2%66.4%
529.6%
219.1%
15.6% 15.1% 23.3% 22.7% 14.0% 14.1%
Institutions by Indicator and Year on Year Change (%)
33
34
Cost per borrower
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
Womens MicroBank
PNG Microfinance NationwideMicrobank
Peoples MicroBank
Kada Poroman MF East New BritainSLS
NCSL Niu Ailan SLS
0
2,000
4,000
6,000
8,000
Cost per borrower (PGK) (WAV)
8,056.21
4,865.21
3,912.413,657.46
1,847.43
Peer Average 4,026.51
Country Average 1,574.961,817.79
419.99 302.06Peer Average 513.16
CountryAverage1,574.96
Benchmark by Peer group
Micro BankWomens Micro
BankPNG
MicrofinanceNationwideMicrobank
Peoples MicroBank
Kada PoromanMF
Savings and Loan SocietyEast New Britain
SLSNCSL Niu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
0%
200%
% Change in Cost per
borrower
0
5,000
10,000
Cost per borrower
(PGK) (WAV)
-17.2% -9.1% -11.3%13.8%
275.8%
11.5% -3.0% 15.8%
9,726.20
8,056.21
5,354.444,865.21 4,408.99
3,912.413,214.32 3,657.46
1,847.43
491.631,629.67 1,817.79
433.02 419.99 260.74 302.06
Institutions by Indicator (PGK) and Year on Year Change (%)
FY 2016 FY 2017
0
500
1,000
1,500
Cost per borrower (PGK) (WAV) -
Balanced
0.0%
5.0%
10.0%
% Difference in Cost per borrower (PGK)
(WAV) - Balanced
1,545.48 1,574.96
1.91%
Percentage Change by Total[Balanced]
FY 2016 FY 2017
Percentile (25) of Cost per borrower (PGK)
Median Cost per borrower (PGK)
Percentile (75) of Cost per borrower (PGK) 4,150.61
2,752.44
1,468.34
4,110.33
1,314.17
447.67
Percentiles and Median
Legal Status
FY 2016
FSP countCost perborrower(PGK) (WAV)
FY 2017
FSP countCost perborrower(PGK) (WAV)
Micro Bank
Savings and Loan Society
Aggregated 1,496.64
526.98
3,354.14
10
5
5
1,574.96
513.16
4,026.51
8
3
5
Benchmark by Legal Status
Cost per borrower(PGK) (WAV)
1,574.96for FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017FY 2016 FY 2017
0
2,000
4,000
Cost per borrower (PGK) (WAV) -
Balanced
-20%
0%
20%
40%
% Difference in Cost per borrower
(PGK) (WAV) - Balanced
3,354.14
4,026.51
20.05%
520.12 513.16
-1.34%
Percentage Change of Peer group[Balanced]
35
Borrower per staff member
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
Kada Poroman MF NationwideMicrobank
PNG Microfinance Peoples MicroBank
Womens MicroBank
NCSL Niu Ailan SLS East New BritainSLS
0
100
200
300
Borrowers per staff member (WAV)
34.29 26.46 18.20 16.96 12.42Peer Average 21.35
338.86
135.29
44.44
Peer Average 209.05
Country Average 57.55
Benchmark by Peer group
Micro Bank
Kada PoromanMF
NationwideMicrobank
PNGMicrofinance
Peoples MicroBank
Womens MicroBank
Savings and Loan Society
NCSL Niu Ailan SLSEast New Britain
SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-20%
0%
20%
% Change in Borrowers per
staff member (WAV)
0
100
200
300
Borrowers per staff
member (WAV)
-20.53%
4.62%
-2.48%
-13.57%-10.48%
24.87%
-19.63%
11.11%
43.15 34.29 25.30 26.46 18.66 18.20 19.63 16.96 13.87 12.42
271.37
338.86
168.33135.29
40.00 44.44
Institutions by Indicator and Year on Year Change (%)
FY 2016 FY 2017
0
20
40
60
80
Borrowers per staff member (WAV) -
Balanced
0%
2%
4%
% Change in Borrowers per staff member -
Balanced
54.7957.55
5.04%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP count
Borrowersper staffmember(WAV)
FY 2017
FSP count
Borrowersper staffmember(WAV)
Micro Bank
Savings and Loan Society
Aggregated 55.00
148.42
22.22
10
5
5
57.55
209.05
21.35
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Borrowers per staff member
Median Borrowers per staff member
Percentile (75) of Borrowers per staff member 67.15
30.38
17.89
77.00
41.57
21.04
Percentiles and Median
Borrowers per staffmember (WAV)
57.55reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0
100
200
Borrowers per staff member (WAV) -
Balanced
-10%
0%
10%
20%
30%
% Change in Borrowers per staff
member - Balanced
22.22 21.35-3.91%
171.86
209.05
21.64%
Percentage Change of Peer group [Balanced]
36
Deposit accounts per staff member
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
FY 2016 FY 2017
0
500
1,000
Deposit accounts per staff member (WAV)
- Balanced
0%
% Change in Deposit accounts per staff
member (WAV) - Balanced
774.96 772.08
-0.37%
Percentage Change by Total[Balanced]
FY 2016 FY 2017
Percentile (25) of Deposit accounts per staffmember
Median Deposit accounts per staff member
Percentile (75) of Deposit accounts per staffmember
1,035.75
679.45
615.74
1,041.65
653.62
594.66
Percentiles and Median
Micro Bank
Kada PoromanMF
NationwideMicrobank
Peoples MicroBank
Womens MicroBank
PNGMicrofinance
Savings and Loan Society
NCSLEast New Britain
SLSNiu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-20%
0%
20%
% Change in Deposit
accounts per staff
member (WAV)
0
500
1,000
1,500
Deposit accounts per
staff member (WAV)
-20.58%
-2.25% -2.08%
-15.70% -16.64%
14.64%20.97%
5.68%
1,302.11
1,034.13 1,064.57 1,040.61
649.71 636.21 657.52554.31
380.57317.24
1,249.48
1,432.36
589.02712.56
611.57 646.33
Institutions by Indicator and Year on Year Change (%)
Micro Bank Savings and Loan Society
NationwideMicrobank
Kada Poroman MF Peoples MicroBank
Womens MicroBank
PNG Microfinance NCSL East New BritainSLS
Niu Ailan SLS
0
500
1,000
1,500
Deposit accounts per staff member (WAV)
1,040.61 1,034.13
636.21554.31
317.24
Peer Average 700.86
1,432.36
712.56646.33
Peer Average 1,070.16
Country Average 772.08
Benchmark by Peer group
Legal Status
FY 2016
FSP count
Depositaccounts per
staffmember(WAV)
FY 2017
FSP count
Depositaccounts per
staffmember(WAV)
Micro Bank
Savings and Loan Society
Aggregated 760.81
830.02
736.53
10
5
5
772.08
1,070.16
700.86
8
3
5
Benchmark by Legal status
Deposit accounts perstaff member (WAV)
772.08
reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016FY 2017FY 2016FY 2017
0
500
1,000
Deposit accounts per staff member
(WAV) - Balanced
0%
10%
20%
30%
% Change in Deposit accounts per
staff member (WAV) - Balanced
736.53700.86
-4.84%
1,070.16
913.11
17.20%
Percentage Change of Peer group [Balanced]
37
Cost per deposit accounts
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Cost per depositaccounts (PGK) (WAV)
108.46for FY 2017
FY 2016 FY 2017
0
50
100
150
Cost per deposit accounts (PGK) (WAV) -
Balanced
-6%
-4%
-2%
0%
% Change in Cost per deposit accounts (PGK)
(WAV) - Balanced
116.42108.46
-6.84%
Percentage Change by Total[Balanced]
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0
100
200
Cost per deposit accounts (PGK) (WAV)
- Balanced
-8%
-6%
-4%
-2%
0%
% Change in Cost per deposit accounts
(PGK) (WAV) - Balanced
122.94114.37
-6.97%
97.49 92.24
-5.38%
Percentage Change of Peer group[Balanced]
Legal Status
FY 2016
FSP count
Cost perdepositaccounts(PGK) (WAV)
FY 2017
FSP count
Cost perdepositaccounts(PGK) (WAV)
Micro Bank
Savings and Loan Society
Aggregated 114.63
93.60
122.94
10
5
5
108.46
92.24
114.37
8
3
5
Benchmark by Legal Status
FY 2016 FY 2017
Percentile (25) of Cost per deposit accounts (PGK)
Median Cost per deposit accounts (PGK)
Percentile (75) of Cost per deposit accounts (PGK) 123.69
92.14
82.10
119.04
96.83
77.07
Percentiles and Median
Micro Bank Savings and Loan Society
Womens MicroBank
PNG Microfinance NationwideMicrobank
Peoples MicroBank
Kada Poroman MF East New BritainSLS
NCSL Niu Ailan SLS
0
100
200
300
Cost per deposit accounts (PGK) (WAV)
154.62
282.63
85.8295.98
58.01
Peer Average 114.37Country Average 108.46 113.38
88.3170.95
Peer Average 92.24CountryAverage108.46
Benchmark by Peer group
Micro Bank
Womens MicroBank
PNGMicrofinance
NationwideMicrobank
Peoples MicroBank
Kada PoromanMF
Savings and Loan Society
East New BritainSLS
NCSL Niu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-40%
-20%
0%
% Difference in Cost per
deposit accounts (PGK)
(WAV) - Balanced
0
100
200
300
Cost per deposit
accounts (PGK) (WAV) -
Balanced
-35.11%
4.20% 3.11%
-6.33%
0.77%
-8.97%-3.40% -5.43%
238.28
154.62
271.23 282.63
83.23 85.82102.47 95.98
57.57 58.01
124.56 113.3891.42 88.31
75.02 70.95
Institutions by Indicator (PGK) and Year on Year Change (%)
38
39
Portfolio at risk > 30 days (%)
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
Kada Poroman MFPNG Microfinance Peoples MicroBank
Womens MicroBank
NationwideMicrobank
Niu Ailan SLS East New BritainSLS
NCSL
0%
20%
40%
60%
80%
100%
Portfolio at risk > 30 days (WAV)
24.48%
14.37% 13.79%8.23% 5.92%
Peer Average 13.36%
94.81%
27.59%
19.68%
Peer Average 47.36%
Country Average 17.02%
Benchmark by Peer group
Micro Bank
Kada PoromanMF
PNGMicrofinance
Peoples MicroBank
Womens MicroBank
NationwideMicrobank
Savings and Loan Society
Niu Ailan SLSEast New Britain
SLSNCSL
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-100%
-50%
0%
50%
% Change in Portfolio at
risk > 30 days (WAV)
0%
50%
100%
Portfolio at risk > 30 days
(WAV)
-75.52%
0.43%10.30% 3.82% 2.57%
47.21%
-18.31%-7.23%
100.00%
24.48%13.94% 14.37% 13.79%
3.49% 4.41% 8.23%3.35% 5.92%
47.60%
94.81%
45.90%
27.59% 26.91%19.68%
Institutions by Indicator and Year on Year Change (%)
FY 2016 FY 2017
0%
10%
20%
30%
40%
Portfolio at risk > 30 days (WAV) -
Balanced
-2%
-1%
0%
1%
% Change in Portfolio at risk > 30 days
(WAV) - Balanced
19.16%17.38%
-1.79%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP countPortfolio atrisk > 30 days(WAV)
FY 2017
FSP countPortfolio atrisk > 30 days(WAV)
Micro Bank
Savings and Loan Society
Aggregated 20.92%
39.42%
8.98%
10
5
5
17.02%
26.87%
10.94%
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Portfolio at risk > 30 days
Median Portfolio at risk > 30 days
Percentile (75) of Portfolio at risk > 30 days 25.26%
17.03%
12.40%
80.68%
36.41%
6.79%
Percentiles and Median
Portfolio at risk > 30days (WAV)aggregated to
17.02%reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0%
10%
20%
30%
40%
Portfolio at risk > 30 days (WAV) -
Balanced
-6%
-4%
-2%
0%
2%
% Change in Portfolio at risk > 30
days (WAV) - Balanced
10.83% 11.09%
0.27%
33.07%
27.63%
-5.44%
Percentage Change of Peer group [Balanced]
40
Portfolio at risk > 90 days (%)
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
Kada Poroman MFPNG Microfinance Peoples MicroBank
Womens MicroBank
NationwideMicrobank
Niu Ailan SLS East New BritainSLS
NCSL
0%
20%
40%
60%
80%
100%
Portfolio at risk > 90 days (WAV)
18.43%13.24%
5.15% 5.07% 4.99%Peer Average 9.38%
91.65%
21.69%
11.80%
Peer Average 41.71%
Country Average 12.26%
Benchmark by Peer group
Micro Bank
Kada PoromanMF
PNGMicrofinance
Womens MicroBank
Peoples MicroBank
NationwideMicrobank
Savings and Loan Society
Niu Ailan SLSEast New Britain
SLSNCSL
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-50%
0%
50%
%Change in Portfolio at
risk > 90 days (WAV)
0%
50%
100%
Portfolio at risk > 90 days
(WAV)
-23.85%
0.97% 2.11% 2.19% 2.62%
48.81%
-17.90%
-0.94%
42.28%
18.43%12.27% 13.24%
2.96% 5.07% 2.96% 5.15% 2.37% 4.99%
42.84%
91.65%
39.59%
21.69%12.74% 11.80%
Institutions by Indicator and Year on Year Change (%)
FY 2016 FY 2017
0%
5%
10%
15%
20%
Portfolio at risk > 90 days (WAV) -
Balanced
-2%
0%
2%
4%
6%
Change in Portfolio at risk > 90 days
(WAV) - Balanced12.75% 12.69%
-0.06%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP countPortfolio atrisk > 90 days(WAV)
FY 2017
FSP countPortfolio atrisk > 90 days(WAV)
Micro Bank
Savings and Loan Society
Aggregated 14.74%
27.34%
6.60%
10
5
5
12.26%
19.71%
7.64%
8
3
5
Benchmark by Legal status
FY 2016 FY 2017
Percentile (25) of Portfolio at risk > 90 days
Median Portfolio at risk > 90 days
Percentile (75) of Portfolio at risk > 90 days 19.25%
12.52%
5.13%
42.70%
26.17%
5.29%
Percentiles and Median
Portfolio at risk > 90days (WAV)aggregated to
12.26%reported as of FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0%
10%
20%
Portfolio at risk > 90 days (WAV) -
Balanced
0%
10%
20%
Change in Portfolio at risk > 90
days (WAV) - Balanced
7.49% 7.87%
0.39%
21.53%20.54%
-0.98%
Percentage Change of Peer group[Balanced]
41
Risk coverage
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Micro Bank Savings and Loan Society
PNG Microfinance NationwideMicrobank
Kada Poroman MF Peoples MicroBank
Womens MicroBank
East New BritainSLS
NCSL Niu Ailan SLS
0%
20%
40%
60%
80%
100%
120%
Risk coverage (WAV)
109.69%
93.83%
34.81% 32.66%
15.86%
Peer Average 73.57%
29.74%
16.54%
1.86%
Peer Average 16.91%
Country Average 42.39%
Benchmark by Peer group
Micro Bank
NationwideMicrobank
PNGMicrofinance
Peoples MicroBank
Kada PoromanMF
Womens MicroBank
Savings and Loan Society
East New BritainSLS
NCSL Niu Ailan SLS
FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017 FY 2016 FY 2017
-50%
0%
50%
% Change in Risk
coverage (WAV)
0%
50%
100%
Risk coverage (WAV)
-30.91%
39.70%
-43.45%
23.34%
-7.59%
8.77% 3.48% -0.97%
124.74%
93.83%
109.69%
69.99%76.11%
32.66%
11.47%
34.81%23.45%
15.86% 20.97%29.74%
13.06% 16.54%2.83% 1.86%
Institutions by Indicator and Year on Year Change (%)
FY 2016 FY 2017
Percentile (25) of Risk coverage
Median Risk coverage
Percentile (75) of Risk coverage 49.57%
31.20%
16.37%
58.36%
19.14%
11.87%
Percentiles and Median
FY 2016 FY 2017
0%
20%
40%
60%
Risk coverage (WAV) - Balanced
0%
5%
10%
15%
Change in Risk coverage (WAV) - Balanced
30.26%
42.39%12.12%
Percentage Change by Total[Balanced]
Legal Status
FY 2016
FSP count Risk coverage(WAV)
FY 2017
FSP count Risk coverage(WAV)
Micro Bank
Savings and Loan Society
Aggregated 26.63%
13.02%
63.90%
10
5
5
42.39%
16.91%
73.57%
8
3
5
Benchmark by Legal status
Risk coverage (WAV)aggregated to
42.39%for FY 2017
Micro BankSavings and Loan
Society
FY 2016 FY 2017 FY 2016 FY 2017
0%
50%
100%
Risk coverage (WAV) - Balanced
0%
5%
10%
Change in Risk coverage (WAV) -
Balanced
63.90%
73.57%
9.67%
13.67% 16.91%
3.24%
Percentage Change of Peer group [Balanced]
42
43
Financial Service Providers (FSPs) Operational and Financial Indicators
LegalStatus
Name FYAssets(PGK) m
Equity(PGK) m
Offices Personnel
Depositsto totalassets(WAV)
Numberof activeborrowers'000
GrossLoanPortfolio(PGK) m
ALB perborrower(PGK)(WAV)
Number of depositors '000
Numberof depositaccounts'000
Deposits(PGK) m
Averagedepositaccountbalance(PGK)(WAV)
Capital/assets (WAV)
Return onassets(WAV)
Return onequity(WAV)
MicroBank
KadaPoromanMF
FY 2016
FY 2017
NationwideMicrobank
FY 2016
FY 2017
PeoplesMicro Bank
FY 2016
FY 2017
PNG Microfinance
FY 2016
FY 2017
WomensMicro Bank
FY 2016
FY 2017
Savingsand LoanSociety
Alekano SLSFY 2016
East NewBritain SLS
FY 2016
FY 2017
Manus SLS FY 2016
NCSL
FY 2016
FY 2017
Niu AilanSLS
FY 2016
FY 2017
5.79%
17.05%
0.86%
2.32%
17.03%
12.69%
375.09
402.83
14.74
14.16
39.30
35.16
39.30
35.16
3,025.24
2,515.18
3.94
2.93
1.30
1.17
101.95%
101.17%
38
27
3
3
2.46
1.78
14.46
14.00
-0.96%
7.82%
-0.13%
0.99%
12.68%
12.57%
352.95
390.61
69.05
69.03
195.64
176.72
52.76
176.72
11,500.53
12,372.84
57.22
51.95
4.98
4.20
79.96%
78.42%
188
166
12
11
10.95
11.06
86.35
88.02
8.10%
1.18%
2.39%
0.28%
33.29%
25.12%
702.09
801.28
62.98
61.43
89.71
76.67
89.71
76.67
16,080.85
13,938.75
38.47
32.28
2.39
2.32
62.27%
71.79%
141
118
7
6
33.66
21.50
101.13
85.57
20.12%
-46.80%
1.85%
-4.95%
10.57%
7.93%
1,014.51
968.49
52.14
59.71
51.39
61.65
51.39
61.65
12,762.35
13,771.67
37.62
41.63
2.95
3.02
80.61%
84.77%
162
162
9
11
6.84
5.59
64.68
70.43
-51.18%
-53.94%
-22.22%
-31.11%
38.49%
48.72%
238.93
233.76
4.77
3.54
19.96
15.12
19.73
14.69
4,517.13
2,498.16
2.02
0.80
0.45
0.32
55.81%
44.53%
36
23
2
4
3.29
3.87
8.54
7.94
-73.00%3.60%-6.47%436.054.219.668.694,838.976.451.3369.63%272-0.396.05
57.40%
-2.09%
4.65%
-0.12%
8.70%
7.47%
976.98
1,024.27
31.33
30.17
32.07
29.45
26.41
24.30
8,031.55
7,982.97
16.06
15.97
2.00
2.00
88.51%
89.61%
45
50
5
5
3.08
2.51
35.40
33.66
-10.20%-3.12%30.60%607.935.328.768.682,728.322.120.7865.34%912.498.15
13.69%
27.26%
1.26%
3.01%
8.50%
9.93%
1,444.89
1,519.12
142.80
127.17
98.83
83.72
98.83
83.72
2,717.69
2,858.45
63.54
51.97
23.38
18.18
90.44%
87.67%
69
67
19
19
13.41
14.41
157.90
145.07
32.59%
-0.90%
4.68%
-0.11%
16.49%
12.11%
1,081.46
1,026.05
14.68
13.18
13.57
12.84
10.50
10.31
2,305.15
2,017.98
6.55
7.13
2.84
3.54
82.45%
79.41%
21
21
3
3
2.94
2.01
17.80
16.59
This section provides information for all the FSPs that have reported to MIX for FY 2015 and FY 2016. The blank values here means either the FSP has not submitted the data or the data is not applicable for them.
44
Financial Service Providers (FSPs) Operational and Financial Indicators
Legal Status Name FYFinancialrevenue /assets (WAV)
Profit margin(WAV)
Yield on grossloan portfolio(WAV)
Total expense /assets (WAV)
Financialexpense/assets
(WAV)
Cost perborrower (PGK)
(WAV)
Borrowers perstaff member(WAV)
Depositaccounts perstaff member(WAV)
Portfolio at risk> 30 days(WAV)
Portfolio at risk> 90 days(WAV)
Micro Bank
KadaPoroman MF
FY 2016
FY 2017
NationwideMicrobank
FY 2016
FY 2017
PeoplesMicro Bank
FY 2016
FY 2017
PNGMicrofinance
FY 2016
FY 2017
WomensMicro Bank
FY 2016
FY 2017
Savings andLoan Society
Alekano SLS FY 2016
East NewBritain SLS
FY 2016
FY 2017
Manus SLS FY 2016
NCSL
FY 2016
FY 2017
Niu Ailan SLS
FY 2016
FY 2017
18.43%
42.28%
24.48%
100.00%
1,034.13
1,302.11
34.29
43.15
1,847.43
491.63
0.00%
0.00%
16.02%
15.12%
65.81%
47.07%
11.49%
17.98%
18.10%
18.44%
4.99%
2.37%
5.92%
3.35%
1,040.61
1,064.57
26.46
25.30
3,912.41
4,408.99
1.51%
1.24%
23.73%
22.81%
39.25%
38.53%
4.17%
6.02%
24.76%
24.27%
5.15%
2.96%
13.79%
3.49%
636.21
649.71
16.96
19.63
3,657.46
3,214.32
0.52%
0.55%
10.68%
11.16%
23.43%
22.30%
18.69%
2.46%
13.14%
11.44%
13.24%
12.27%
14.37%
13.94%
317.24
380.57
18.20
18.66
4,865.21
5,354.44
1.24%
1.16%
25.50%
29.11%
43.65%
35.33%
6.76%
-20.51%
27.35%
24.16%
5.07%
2.96%
8.23%
4.41%
554.31
657.52
12.42
13.87
8,056.21
9,726.20
0.00%
0.00%
112.32%
39.08%
75.05%
35.49%
-145.97%
-390.37%
15.22%
7.97%
81.11%98.00%357.7049.33297.360.80%5.68%7.73%38.75%9.28%
21.69%
39.59%
27.59%
45.90%
712.56
589.02
44.44
40.00
1,817.79
1,629.67
2.45%
2.51%
12.62%
17.71%
21.72%
21.92%
33.18%
-0.68%
14.01%
17.59%
77.35%91.70%972.8986.22998.670.00%9.99%8.95%-45.49%6.87%
11.80%
12.74%
19.68%
26.91%
1,432.36
1,249.48
338.86
271.37
419.99
433.02
3.45%
1.03%
9.85%
7.92%
13.83%
12.77%
11.32%
27.55%
11.11%
10.93%
91.65%
42.84%
94.81%
47.60%
646.33
611.57
135.29
168.33
302.06
260.74
1.69%
1.64%
7.58%
7.57%
16.52%
12.78%
38.20%
-1.48%
12.26%
7.46%
This section provides information for all the FSPs that have reported to MIX for FY 2015 and FY 2016. The blank values here means either the FSP has not submitted the data or the data is not applicable for them.
45
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
MIX Team Credits:
Kimzo Imchen,Junior Analyst, Asia
Mohita Khamar,Market Intelligence Lead
Editors:
Nikhil Gehani,Director of Marketing and Communications
Henry Bruce,Product Manager
Sachin HiraniRegional Manager, Asia and the Pacific
Partner Team Credits:
Loi Bakani,Chairman and Governor
Bank of Papua New Guinea
Ellison LW PidikAssistant Governor
Financial System Stability GroupBank of Papua New Guinea
Saliya J. Ranasinghe,Director,
Centre for Excellence in Financial Inclusion (CEFI)
Moses Roth Nambil,Analyst, Macroprudential Supervision Unit
Bank of Papua New Guinea
Paul HukahuProject Monitoring Specialist
Microfinance Expansion Project
Disclaimer: This publication is available for use in research and analysis. Data and content may only be used for non-commercial purposes. If the material is published or distributed, itshould be attributed to MIX with the appropriate citation. MIX has taken due care and caution in preparing this report, it has obtained the information from the institutions. Thus MIX relieson the information submitted and does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors in transmission.
46
Glossary
This report is the proprietary and/or confidential information of MIX, and all rights are reserved by MIX. Any dissemination, distribution or copying of this report without MIX’s prior written permission is strictly prohibited.
Please refer to link [ https://www.themix.org/glossary ] to view the detailed glossary of MIX Market indicator and ratios.
Indicator names and its formulas:
Assets - Formula: Not applicableAverage assets - Formula: Mean value calculated on the basis of total assets between two consecutive periods, including monthly, quarterly and annual data if available.Average deposit balance per account - Formula: Deposits/ Number of deposit accountsAverage equity - Formula: Methodology of average calculation is same as explained for Average Assets.Average gross loan portfolio: Methodology of average calculation is same as explained for Average Assets.Average loan balance per borrower - Formula: Gross loan portfolio/ Number of active borrowers
Borrowers per Staffmember: Formula: Number of Active Borrowers / Personnel
Capital to Assets ratio: Formula: Total Equity/ Total AssetsCost per borrower - Formula: Operating expense/ Average number of active borrowersCost per deposit accounts:
Deposit accounts per staff member - Formula: Number of deposit accounts / Number of personnelDeposits - Formula: Not applicableDeposits to total assets - Formula: Total Deposits / Total Assets
Equity - Formula: Not applicable
Financial expense / assets - Formula: Financial expense on funding liabilities / Average assetsFinancial revenue / assets - Formula: Financial revenue/ Average assets
Gross Loan Portfolio - Formula: Not applicableGross Loan Portfolio to Total Assets: Formula: Gross loan portfolio / Total Asset
Loan to deposit: Formula: Gross loan portfolio/ Total Deposit
Number of active borrowers - Formula: Not applicableNumber of deposit accounts - Formula: Not applicableNumber of depositors - Formula: Not applicableNumber of offices - Formula: Not applicable
Operating expense / loan portfolio - Formula: Operating expense / Average gross loan portfolioOperational self sufficiency - Formula: Financial revenue / (Financial expense on funding liabilities + Net Impairment Loss on gross loan portfolio + Operating expense)
Personnel - Formula: Not applicablePortfolio at risk > 30 days (%) - Formula: (Outstanding balance, portfolio overdue > 30 days + Renegotiated loans)/ Gross loan portfolioPortfolio at risk > 90 days (%) - Formula: (Outstanding balance, portfolio overdue > 90 days + Renegotiated loans) / Gross Loan PortfolioProfit margin - Formula: Net operating income/ Financial revenue
Return on assets - Formula: (Net operating income, less Taxes)/ Average assetsReturn on equity - Formula: (Net operating income, less Taxes)/ Average equityRisk coverage - Formula: Impairment loss allowance/ PAR > 30 days
Total expense / assets - Formula: (Financial expense on funding liabilities + Impairment loss (reversal of impairment loss on gross loan portfolio) + Operating expense) / Averageassets
Yield on gross portfolio (nominal) - Formula: Financial revenue from loans/ Average gross loan portfolio
47