Ahli Bank Q.P.S.C. · QSE:ABQK
Ahli Bank Q.P.S.C — H1 2022 Earnings Presentation
21 slides from Ahli Bank Q.P.S.C's earnings presentation, 2022
Slide 1: Investor Presentation H1 2022
Investor Presentation H1 2022 ahlibank.com.qa
Slide 2: Overview
Overview Overview Shareholding Structure Founded in 1983 and listed on the Qatar Stock Exchange, ABQ is the 5 th largest conventional bank in Qatar in terms of assets 47.71% QIA and its wholly Market cap of QAR 10.00 bln (as of 30 June 2022) owned subsidiaries Has a network of 14 branches and
Slide 3: ABQ Has Been at the Heart of the Community for Over 35 Years
ABQ Has Been at the Heart of the Community for Over 35 Years 1983 Incorporated as Al-Ahli Bank of Qatar part of CitiBank operations 1987 ABQ began to operate as a standalone entity 2004 Ahli United Bank (AUB) acquires a 40% stake through issue of new shares with a ten year renewable management
Slide 4: "At the heart of the community" – Corporate Social Responsibility
“At the heart of the community” – Corporate Social Responsibility Our brand identity is a modern interpretation of a potent symbol from Qatar’s past, the oyster shell. The shell protects and nurtures its treasure, growing it over time, just as we seek to grow and protect our customers’ assets. We as
Slide 5: Business Lines
Business Lines Corporate SMEs Ahli Brokerage Corporate Retail Cash Management Premium Proprietary Investment Treasury and Retail Investments Private International Banking Financial Institutions 5
Slide 6: Executive Summary – H1 2022
Executive Summary – H1 2022 1) Steady Performance for the half year with net profit growth of 7.2%; 2) Capital Adequacy Ratio of 20.2% Post dividend 3) Tranche II of EMTN of USD 500mln was repaid in February 2022 4) NPL Ratio stood at 2.55% ( 2021 : 3.74% ) with an improved coverage of 174% (2021 :
Slide 7: Key Highlights
Key Highlights QAR Million June 2022 June 2021 Growth Net Interest Income 532 554 -4.0% Operating Income 660 688 -4.0% Net Profit 331 308 7.2% June 2022 Dec 2021 Growth Total Assets 49,204 48,093 2.3% Loans & Advances 34,344 33,570 2.3% Customer Deposits 26,750 27,925 -4.2% EMTN 5,477 7,315 -25.1% A
Slide 8: P&L-YTD June 2022
P&L-YTD June 2022 Actuals YOY Variance QAR '000 Jun-22 Jun-21 Fav/(Adv) Interest income 840,544 873,337 -3.8% Interest expense 308,818 319,248 3.3% Net interest income 531,726 554,089 -4.0% Fees and other income 119,766 115,965 3.3% Income on Investment securities 8,195 17,474 -53.1% Total operating
Slide 9: Balance Sheet – 30 June 2022
Balance Sheet – 30 June 2022 QR 'Mln Jun-22 Dec-21 Variance Amount % Cas h and Balances with central bank (includes Statutory res erve: QR 1.20 bln) 2,783 2,443 339 14% Due from Banks 3,136 3,001 135 5% Loans and Advances 34,344 33,570 774 2% SOQ 655 526 129 24% Sp ecial Loans @1.5% 1,981 2,231 (250
Slide 10: Steady Operating Income
Steady Operating Income QAR mln QAR mln CAGR 688 CAGR 700 CAGR 660 2.3% 13% 5.6% 400 353 359 342 600 559 350 339 333 331 538 520 518 527 303 308 294 500 481 300 462 271 404 250 400 200 300 150 200 100 100 50 - - H1-13 H1-14 H1-15 H1-16 H1-17 H1-18 H1-19 H1-20 H1-21 H1-22 H1-13 H1-14 H1-15 H1-16 H1-1
Slide 11: Diversified Revenues
Diversified Revenues ABQ benefits from diversified revenues with non-interest income representing 19% of net operating income in H1-2022 Net Fee & Commissions Total Non-Interest Income QAR mln QAR mln As % NOI(1) 17% 18% 16% 13% 13% 22% 24% 19% 19% 19% 96 160 94 94 140 133 127 128 119 92 120 108 90
Slide 12: Total Assets – Trend
Total Assets – Trend QAR mln 60,000 CAGR 20% CAGR 4.8% 48,093 49,204 50,000 47,555 43,915 39,883 40,403 40,000 30,000 20,000 10,000 - 2017 2018 2019 2020 2021 Jun-22 12
Slide 13: Net Loans & Advances / Customer Deposits – Trend
Net Loans & Advances / Customer Deposits – Trend QAR mln 40000 Loans CAGR: 3.9% Deposits CAGR: 2.9% 34,344 33,513 33,570 31,591 30000 28,936 27,515 27,925 26,941 26,750 25,500 23,569 21,765 20000 10000 2017 2018 2019 2020 2021 Jun-22 Net Loans & Advances Customer Deposits 13
Slide 14: Proprietary Investments – Trend
Proprietary Investments – Trend QAR mln 10000 CAGR 9000 7.5% 8,613 8,436 8000 7,521 7,074 7000 6,100 5,917 6000 5000 4000 3000 2000 1000 2017 2018 2019 2020 2021 Jun-22 14
Slide 15: Shareholder's Funds – Trend
Shareholder’s Funds – Trend QAR mln 8,000 CAGR 7,500 4.6% 7,000 6,593 6,482 6,500 6,275 5,959 6,000 5,501 5,500 5,294 5,000 4,500 4,000 3,500 3,000 2017 2018 2019 2020 2021 Jun-22 15
Slide 16: Asset Quality
Asset Quality NPL ratio of 2.55% and a coverage of 174% as at 30 June 2022 Gross Loans and NPL Ratio(1) NPL Provision Coverage(2) Provisions (QAR Mln) Gross Loans (LHS) NPL Ratio (RHS) 40000 QAR Mln 4.50% 35,746 416 628 816 1,108 1,388 1,591 34,357 34,730 35000 32,135 4.00% 200% 174% 27,929 30000 29
Slide 17: Capital Adequacy Ratio
Capital Adequacy Ratio 10,000 25% 20.2% 9,000 20.6% 18.0% 20% 16.9% 17.7% 442 453 8,000 18.2% 7,000 15% 417 1,092 1,092 285 6,000 324 - 10% 355 - - 5,000 - 6,206 6,151 5,290 5,611 5,911 5% 4,000 4,845 3,000 2017 2018 2019 2020 2021 Jun-22 0% Tier II 355 324 285 417 442 453 AT-1 - - - - 1,092 1,092 T
Slide 18: Diversified Funding Mix
Diversified Funding Mix Debut Syndicated Bank Facilities (Sep 2014) Maturity Profile 3-year US$ 200 mln Syndicated Term Loan Facility for general corporate funding purposes carrying a margin of 120 basis points over LIBOR With the new facilities, we have significantly improved our funding profil
Slide 19: Market Positioning
Market Positioning Cost to Income (%) Return on Assets (%) 2019 2020 2021 H1-2022 2019 2020 2021 H1-2022 QIB 23.8 20.9 18.9 17.5 QIB 1.82 1.70 1.83 1.80 QIIB 24.2 21.2 19.8 20.0 QIIB 1.62 1.40 1.46 1.65 QNB 27.7 25.7 23.6 21.5 CBQ 1.25 0.73 1.26 1.52 Rayan 22.9 21.6 22.0 24.7 ABQ 1.66 1.50 1.49 1.42
Slide 20: Banking Partners' Footprint
Banking Partners’ Footprint Who do we principally work with? GCC Countries Banks UAE KSA Bahrain Oman Kuwait 20
Slide 21: Disclaimer
Disclaimer: The description in this Investor Relations Presentation is provided for information purposes only and is not intended to advise any person to invest in the Bank or to induce or attempt to induce any person or entity to invest in any particular bank product. The information and opinions c