Pt Bank Qnb Indonesia Tbk · IDX:BKSW
Pt Bank Qnb Indonesia Tbk — QNB Group — Investor Presentation (September 2019)
32 slides from Pt Bank Qnb Indonesia Tbk's investor presentation, September 2019
Slide 1: Investor Relations Presentation
Investor Relations Presentation September 2019
Slide 2: Contents
Contents 1. QNB at a Glance 2. QNB Comparative Positioning – Qatar and MEA 3. Financial Highlights – as at 30 September 2019 4. Economic Overview Notes: All figures in US Dollars have been converted from Qatari Riyals based on the exchange rate of 1 US Dollar = 3.6405 Qatari Riyals In certain cases,
Slide 3: QNB at a Glance
QNB at a Glance
Slide 4: QNB is a strong and highly rated bank with a growing international footprint
QNB is a strong and highly rated bank with a growing international footprint #1 bank in the Middle East and Africa across all financial metrics International network with presence in more than 31 countries Most valuable banking brand in the Middle East and Africa, worth USD 5.0 Bn1 About 29,000 empl
Slide 5: QNB's International Footprint
QNB's International Footprint Sub-Saharan Africa Middle East South Sudan: (1 Branch) Qatar: (60 Branches) Togo: (888 Branches1, 20.1% stake in KSA: (1 Branch) Ecobank) Asia UAE: (9 (+12) Branches, 40.0% stake in CBI) Indonesia: (21 Branches, 92.48% stake Syria: (15 (+312) Branches, 50.8% stake In QN
Slide 6: QNB Comparative Positioning – Qatar and MEA
QNB Comparative Positioning – Qatar and MEA
Slide 7: Top Domestic Banks – September 2019
Top 5 Domestic Banks – September 2019 QNB continues to excel in the domestic market Assets Loans 250.5 179.4 42.5 40.0 29.4 24.5 29.3 28.9 20.8 17.9 Deposits Net Profit 182.0 3.08 29.3 0.61 20.4 18.4 0.45 0.41 16.2 0.22 Note: All amounts are in USD billions 7 Source: Banks’ September 2019 Press Rele
Slide 8: Top MEA Banks – September 2019
Top 5 MEA Banks – September 2019 QNB maintained its position as the leading bank in the region across all categories Assets Loans 250.5 179.4 214.6 183.9 155.8 119.6 132.8 102.9 80.5 74.8 Deposits Net Profit 182.0 3.08 2.57 129.8 127.5 2.16 2.14 2.13 91.5 90.7 Note: All amounts are in USD billions S
Slide 9: QNB is the leading financial institution in the MEA region with regards to brand value and market capitalisation
QNB is the leading financial institution in the MEA region with regards to brand value and market capitalisation Brand value and market capitalisation (USD Bn as at 31-Dec-18) Top MEA banking brands Top MEA banks by market capitalisation 5.04 49.5 4.04 41.7 3.89 38.1 2.92 37.9 2.47 26.0 Source: Bran
Slide 10: Financial Highlights – as at September 2019
Financial Highlights – as at 30 September 2019
Slide 11: QNB demonstrate sustainable profit growth
QNB demonstrate sustainable profit growth Financial Highlights (as at 30 September 2019) Growth vs. September 2018 • Net interest margin (NIM)2: 2.58% Profit1 • USD3.08 billion +4% • Cost to income ratio: 25.7% • Earnings per share: USD 0.3 • USD250.5 billion assets +7% • NPL (% of gross loans): 1.9
Slide 12: QNB ALAHLI
QNB ALAHLI Highlights (as at 30 September 2019) Growth vs. September 2018 • USD313.5 million +30% • Net interest margin (NIM)2: 5.72% Profit1 (EGP5.3 billion) (+24%) • Cost to income ratio: 29.1% • USD16.1 billion assets +15% (EGP261.6 billion) (+5%) • NPL (% of gross loans): 2.2% Assets • USD9.5 bi
Slide 13: QNB FINANSBANK
QNB FINANSBANK Highlights (as at 30 September 2019) Growth vs. September 2018 • USD380.0 million -7% • Net interest margin (NIM)2: 4.39% Profit1 (TRY2.1 billion) (+14%) • Cost to income ratio: 42.3% • USD32.6 billion assets +1% (TRY184.0 billion) (-5%) • NPL (% of gross loans): 4.9% Assets • USD20.1
Slide 14: Increasing geographical diversification positively contributes to growth
Increasing geographical diversification positively contributes to growth Geographical Contribution (as at 30 September) Domestic International % Share of International as percentage of the total Net Profit1 Loans Deposits USD billion USD billion USD billion 3.08 179.4 182.0 2.97 2.82 166.8 169.9 159
Slide 15: Consistent High Profitability
Consistent High Profitability Income Statement Breakdown (USD billion as at 30 September) Net Profit1 Operating Income2 Net Interest Income % Cost to Income Ratio % Net Interest Margin3 5 yrs: 7% 5 yrs: 10% 5 yrs: 10% 2.97 3.08 5.24 4.82 5.02 4.10 2.82 4.66 2.65 3.74 3.88 2.40 3.63 3.40 2.62 2015 20
Slide 16: Good asset growth driven by lending activities mainly in QAR and USD
Good asset growth driven by lending activities mainly in QAR and USD Assets Analysis (as at 30 September) Total Assets Evolution 2019 Split of Assets (%) USD billion By Type By Currency 5 yrs: 14% 250.5 Cash and 233.9 Balances with 7.0 QAR 28.2 217.6 Central Banks 195.9 USD 42.6 Due from 8.1 Banks T
Slide 17: Good loan growth
Good loan growth Loans Analysis (as at 30 September) Total Loans Evolution 2019 Split of Loans (%) USD billion By Geography By Sector1 5 yrs: 15% 179.4 Govt. & Govt. Qatar 72.4 33.9 166.8 Agencies 159.0 Turkey 11.2 Services/ 139.3 37.3 Commerce Egypt 5.3 Industry 6.2 100.7 Europe 3.8 Real Estate & 1
Slide 18: High quality lending portfolio is highlighted by low NPL ratios
High quality lending portfolio is highlighted by low NPL ratios Asset Quality Analysis (as at 30 September) Non Performing Loans (NPL) by Segment • QNB has continued to x Total NPL’s increase its provisions in USD million response to the global 2,871 3,348 3,434 economic situation 1,382 1,433 • The
Slide 19: High quality investment portfolio with 90% of securities rated AA or Sovereign
High quality investment portfolio with 90% of securities rated AA or Sovereign Investments Analysis (USD million as at 30 September 2019) Fair Value Through Other Comprehensive Income Amortised Cost Quoted Fixed rate Unquoted Floating rate State of Qatar 6,712 State of Qatar 3,721 Sovereign Debt 0 S
Slide 20: Robust growth in customer deposits and funding
Robust growth in customer deposits and funding Funding Analysis (as at 30 September) Total Customer Deposits Evolution 2019 Split of Deposits (%) USD billion By Sector By Type By Geography 5 yrs: 14% Qatar 57.1 182.0 Govt. & Time Govt. Agencies 28.7 79.9 169.9 Deposits 157.8 GCC 1.7 137.5 Europe 19.
Slide 21: Solid liquidity profile
Solid liquidity profile Liquidity Analysis (as at 30 September) Loans to Deposits Ratio Evolution 2019 Sources of Liquidity % % of total liabilities 96.2 101.3 100.8 98.2 98.6 Due to 8.6 Banks Customer 80.9 Deposits Debt 4.0 Securities 2015 2016 2017 2018 2019 Other 3.1 Borrowings Liquid Assets1 Evo
Slide 22: Strong capital adequacy ratio maintained above both QCB and Basel III requirements
Strong capital adequacy ratio maintained above both QCB and Basel III requirements Capital Analysis (as at 30 September) Basel III Capital Adequacy Ratio % 18.2 17.3 16.0 (QCB) 12.8 13.0 (QCB) 11.0 (QCB) CET 1 Tier 1 Total CAR • Capital adequacy ratio is above QCB and Basel III requirements includin
Slide 23: Diversifying business mix will bolster sustainable growth
Diversifying business mix will bolster sustainable growth Business Mix Contribution (% share as at 30 September 2019) Lines of Business Net Profit1 Op. Income Loans Deposits 80 74 90 76 • Maintain dominant domestic Group market share Corporate • Grow international contribution • Nurture SME business
Slide 24: IFRS 9 - Additional buffer for long term earnings stability
IFRS 9 - Additional buffer for long term earnings stability • QNB implemented IFRS 9 with effect from 1 January 2018 based on the QCB guidelines. Financial Impacts • As per QCB instructions, ECL impact has been treated as Tier 2 Capital for CAR purposes with no amortisation of the transition impact.
Slide 25: QNB Group Financials
QNB Group Financials Key data (as at 30 September 2019) QNB QNB incl. QNB ALAHLI QNB incl. QNB Finansbank % Contribution of QNB AA % Contribution of QNB Finansbank Financials Ratios Presence USD billion 3.08 251 22.7% 105% 104% 29,111 97% 2.67 222 19.3% 208 18.2% 2.39 179 182 160 163 150 150 15,604
Slide 26: Economic Overview
Economic Overview
Slide 27: Qatar's hydrocarbon wealth makes it the world's richest country
Qatar’s hydrocarbon wealth makes it the world’s richest country Oil and gas reserves per capita (2018) GDP per capita (2018) k barrels of oil equivalent (boe) k USD PPP Qatar 62.7 Qatar 130 Kuwait 24.4 Luxembourg 107 UAE 12.7 Singapore 100 Venezuela 11.7 Brunei 80 Saudi Arabia 10.0 Ireland 79 Libya
Slide 28: Qatar accumulated large reserves during its hydrocarbon expansion and is now using these reserves to diversify the economy
Qatar accumulated large reserves during its hydrocarbon expansion and is now using these reserves to diversify the economy through major investments Real GDP Growth by Sector %, year-on-year Hydrocarbon Non-Hydrocarbon Hydrocarbon Phase 30 25 Diversification Phase 20 15 10 Qatar’s National Vision 20
Slide 29: Qatar's National Vision 2030 is supported by a large infrastructure investment programme
Qatar’s National Vision 2030 is supported by a large infrastructure investment programme Major Projects Pipeline as of September 2019 Budget Project End (USD Bn) Lusail Mixed-Use Comments 45.0 2025 Development • New investment sectors are opening up to truction Cons- Education City 8.9 2020 support
Slide 30: Qatar's fundamentals resilient despite the blockade
Qatar’s fundamentals resilient despite the blockade Qatar (USD Bn) Financial Soundness Indicators (2016-2018, %) Exports Imports Capital Adequacy 2016 2017 2018 9 Tier 1 capital/risk-weighted assets 15.7 16.5 17.0 8 Regulatory capital/risk-weighted assets 16.1 16.8 18.0 7 Asset Quality 6 Non-perform
Slide 31: Qatar is one of the highest rated sovereigns in the world
Qatar is one of the highest rated sovereigns in the world, ranking above a number of advanced economies Moody’s Sovereign Ratings1 AAA US, Germany, Canada, Australia, N Zealand, Switz’nd, Norway, Sweden, Denmark, Neth’lands, Lux’bourg, Singapore Aa1 Austria, Finland Aa2 UK, France, South Korea, Hong
Slide 32: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: • These materials contain statements about future events and expectations that are forward-looking statements. • These statements typically