Qatar Islamic Bank · QSE:QIBK
Qatar Islamic Bank — Investor Presentation (December 2022)
27 slides from Qatar Islamic Bank's investor presentation, December 2022
Slide 1: Qatar Islamic Bank Investor Presentation December 2022
Qatar Islamic Bank (Q.P.S.C.) Investor Presentation December 2022
Slide 2: Agenda
Agenda 1 Introduction 2 Operating Environment 3 QIB Business Review 4 QIB Financial Overview 5 Appendix Qatar Islamic Bank Page | 2
Slide 3: Introduction
Introduction Introduction Financial Snapshot Qatar Islamic Bank (“QIB” or the “Bank”) was incorporated in QAR mn Dec-22 Dec-21 Dec-20 1982 as the first Islamic financial institution in Qatar. Total Assets 184,001 193,916 174,356 Largest Islamic bank in terms of total assets (approximately 45% of
Slide 4: Key Credit Strengths
Key Credit Strengths First and largest Islamic bank in Qatar by total assets Second largest bank in Strong Government Qatar by total assets, support with the QIA as financing assets and its largest shareholder net profit Qatar-centric with Strong brand in Islamic selective international banking & in
Slide 5: Agenda
Agenda 1 Introduction 2 Operating Environment 3 QIB Business Review 4 QIB Financial Overview 5 Appendix Qatar Islamic Bank Page | 5
Slide 6: State of Qatar – Sustainable and Robust Growth Story
State of Qatar – Sustainable and Robust Growth Story… Overview of the State of Qatar (“Qatar”) One of the Largest Hydrocarbon Reserves in the World Total oil & gas reserves (bn boe) Ratings Moody’s: Aa3 400 Oil Gas S&P: AA- Fitch: AA- 35 300 52 Middle East 212 200 197 23 298 11 266 38 100 155 Nomina
Slide 7: Economic Indicators
Economic Indicators Fiscal Position Current Account Balance Fiscal surplus / deficit (USD bn and % of GDP) Current account balance (USD bn and % of GDP) 12 10.9 12% 27 15% 10 9.1% 8.2% 8.7 8 15 7% 5.9% 2.4% 6 4.9% 4.7 6% 17 -2.4% 14 3 4 (1%) 4 1.9 -3 2 2.8% -9 (9%) 0 1.3% 0% 2018 2019 2020 2021 2018
Slide 8: Qatari Banking Sector – Robust Operating Environment
Qatari Banking Sector – Robust Operating Environment General Overview The State of Qatar has been Supportive Throughout Crisis QIA announced plans to acquire equity ownership interests of • Qatar Central Bank prohibits conventional banks from providing October 2008 up to 20% in domestic banks listed
Slide 9: Qatari Banking Sector – Continued Growth
Qatari Banking Sector – Continued Growth Assets (2) Bank Financings and Advances (2) QAR bn QAR bn 2400 1600 2100 1400 1800 1200 1500 1000 1200 800 1,838 2,022 1,244 1,345 900 1,623 1,743 600 1,120 1,199 1,485 1,016 600 400 300 200 0 0 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Source : Finan
Slide 10: Agenda
Agenda 1 Introduction 2 Operating Environment 3 QIB Business Review 4 QIB Financial Overview 5 Appendix Qatar Islamic Bank Page | 10
Slide 11: Overview of QIB
Overview of QIB Phase 1: Creation of the Bank Phase 2: Creation of a strong banking platform 2010: QIB launched USD 750 mn Sukuk QIB established with Al Jazeera Finance QIB listed on QE Arab Finance House 2011: Paid up capital increased to QAR 2,362 mn (USD 649 mn) paid up capital QR established (30
Slide 12: Business Units Overview – Revenue & Profit Diversification
Business Units Overview – Revenue & Profit Diversification Group Function Local & International Subsidiaries Treasury • Sukuk and Local Equity Local Subsidiaries Investment Portfolio • QInvest • Treasury Services and Sales • Aqar • Liquidity Management 6.9% • Durat-Al-Doha Investments International
Slide 13: Effective Board Oversight
Effective Board Oversight QIB is committed to strong corporate governance practices, with its Board of Directors meeting at least six times a year Board Committees Board of Directors Sheikh Jassim Bin Hamad Bin Jassim Bin Jaber Al Thani, Chairman of the Audit, Risk & Compliance Committee Board Membe
Slide 14: Experienced Leadership
Experienced Leadership Bassel Gamal Group CEO • Over 30 years of experience • Egyptian • Ahli United Bank Group • Chase National Bank Tarek Youssef Fawzi Constantinos Constantinides Gourang Hemani General Manager, Chief Strategy Officer Chief Financial Officer Wholesale Banking Group • Over 30 years
Slide 15: Sharia’a Supervisory Board
Sharia’a Supervisory Board QIB enjoys a strong Islamic heritage and has based its success on sound Sharia’a-compliant principles, under the supervision of an expert Shari’a Supervisory Board (“SSB”) The SSB currently meets at least four times each year. The Shari’a Sharia’s Supervisory Board Members
Slide 16: Agenda
Agenda 1 Introduction 2 Operating Environment 3 QIB Business Review 4 QIB Financial Overview 5 Appendix Qatar Islamic Bank Page | 16
Slide 17: Financial Overview
Financial Overview Financial Position Key Highlights Growth Growth QAR million Dec-22 Dec-21 2022 Dec-20 2021 • Stable balance sheet growth total Total Assets 184,001 193,916 -5.1% 174,356 11.2% assets reached QAR 184 bn. Total Financing 119,285 128,409 -7.1% 119,072 7.8% • Financing assets reached
Slide 18: Continued Balance Sheet Growth
Continued Balance Sheet Growth Strong balance sheet growth driven by growth in Qatar-focused financing Summary Steady Asset Growth (QAR bn) Continuous balance sheet growth 160 120 Growth driven by multiple products / asset classes 80 153.2 163.5 174.4 193.9 183.7 40 Primarily Qatar-centric exp
Slide 19: Strong Asset Quality and Provisioning
Strong Asset Quality and Provisioning Despite the strong growth, QIB has maintained very good asset quality and comfortable provisioning levels Summary Financing – Key Growth Driver (QAR bn) Well-diversified & growing financing book 130 110 Strong asset quality and conservative provisioning 90 1
Slide 20: Sound Funding Base Driven by Strong Deposit Growth
Sound Funding Base Driven by Strong Deposit Growth QIB’s growth has been enabled by its ability to source funding, primarily in the form of deposits Summary Diverse Sources of Funding Ability to obtain funding from diverse sources 7% 2% 10% 10% Diverse deposit base 13% 58% Stable funding from
Slide 21: Asset and Liability Management
Asset and Liability Management QIB’s growth has been managed within a well-defined risk management framework Summary Financing to Deposit Ratio(2) Financing to Deposit Ratio Financing to deposit ratio below industry average 101.6% 101.9% 100.8% 98.0% 97.5% Strong liquidity position to manage mar
Slide 22: Strong Capitalization & Continued Profitability
Strong Capitalization & Continued Profitability QIB boasts an ideal platform for future growth, including strong capitalization and supportive margins/returns Summary Capital Adequacy Ratio(1) 14.63% Capital ratios well above regulatory requirements of 18.8% 19.5% 19.4% 18.9% 19.9% 14.65% Stable
Slide 23: Stable and Diversified Earnings Profile
Stable and Diversified Earnings Profile QIB has remained profitable even during the global financial crisis Summary Revenue(1) Breakdown (QAR mn) Recurring financing and investing revenues 693 661 726 1,132 810 1,452 576 1,208 673 1,063 Continued profitability during crisis 2,948 2,959 3,438 3,8
Slide 24: Agenda
Agenda 1 Introduction 2 Operating Environment 3 QIB Business Review 4 QIB Financial Overview 5 Appendix Qatar Islamic Bank Page | 24
Slide 25: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position QAR million Dec-2022 Dec-2021 Dec-2020 Cash and balances with central banks 7,951 7,177 8,357 Due from banks 3,188 7,461 6,913 Financing assets 119,285 128,409 119,072 Investment Securities 45,774 44,380 33,248 Investment in associates 1,130 1,140 1,134 I
Slide 26: Consolidated Statement of Income
Consolidated Statement of Income QAR million Dec-2022 Dec-2021 Dec-2020 Net income from financing activities 6,502 5,999 5,956 Net income from investing activities 1,452 1,132 1,208 Total income from financing and investing activities 7,954 7,131 7,164 Fee and commission income 1,096 937 817 Fee and
Slide 27: QIB Award Winning Organization – Latest Awards
QIB AWARD WINNING ORGANIZATION – LATEST AWARDS Qatar Islamic Bank Page | 27
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