Qatar International Islamic Bank · QSE:QIIK
Qatar International Islamic Bank — Q1 2024 Earnings Presentation
19 slides from Qatar International Islamic Bank's earnings presentation, 2024
Slide 1: OlB@ 223)
OlB@ 223)
Slide 2: Investors' Presentation Q1 2024
Investors’ Presentation - Q1 2024 - Page 2. Page 2.
Slide 3: Agenda
1. QIIB Overview & Strategy 2. Financial Performance 3. Funding Overview 4. Rating Overview Page 3. Page 3.
Slide 4: QIIB Overview & Strategy
Section 1 QIIB Overview & Strategy Page 4. Page 4.
Slide 5: QIIB Snapshot
QIIB Snapshot Introduction Shareholder Structure (QIIB) Established in 1990 by an Amiri Decree, Qatar International Islamic Bank began operations on 1 January 1991. 21% GCC & 17% ▪ The Qatar Investment Authority As of 31 March 2024, QIIB has the sixth market capitalization on the Qatar Exchange of a
Slide 6: QIIB Business Overview
QIIB Business Overview Business Segments Overview Treasury & Investments Net REVENUE o Equity participation, private equity, investment funds o Sukuk investment book o International finance and syndications o Islamic Treasury products and services 27% 24% Personal Banking Financing 24% o Large perso
Slide 7: Financial Performance
Section 2 Financial Performance Page 7. Page 7.
Slide 8: QIIB Assets & Financing
QIIB Assets & Financing Highlights QIIB’S strong asset growth (QAR Mn) QIIB’s balance sheet increased compared to year end 2023, which is over 65,000 62,908 Qatar’s banking system growth by end of Q1-2024. 61,314 61,792 61,626 60,000 The growth has been driven by a strong increase in QIIB’s Islamic
Slide 9: Asset Quality
Asset Quality Asset quality highlights Asset quality ratios Non-performing financing ratio slightly increased to 3.2% as end of March 2024, compared to December 2023, nevertheless its still lower 2020 2021 2022 2023 Q1-2024 than the industry average Non-performing financing ratio(1) 1.6% 2.6% 2.8% 2
Slide 10: Continued Profitability & Operating Efficiency
Continued Profitability & Operating Efficiency Operating income breakdown (QAR mn) Sustained profitability (QAR mn) 87 3000 292 1,500.0 6 19 62 814 203 298 250 2000 396 354 507 1,000.0 1,165 1,003 1,075 1000 1846 2361 22 16 938 1834 1792 248 170 60 80 529 616 500.0 0 2020 2021 2022 2023 Q1-2023 Q1-2
Slide 11: Robust Capitalization
Robust Capitalization Highlights Capital Structure (QAR mn) Tier 1 Tier 2 +3.0% +8.7% 12,000 Basel II, Pillar 2 (ICAAP) requirements were effective from 1 January 2014 with all ICAAP and BIII +5.3% requirements subject to regular (external) audit. Guidelines were refined and updated in March 2016. T
Slide 12: Summary of Q1 - 2024 Performance
Summary of Q1 - 2024 Performance 31-Dec-23 Q1-2024 % Change Strong liquidity levels Total Assets (QAR mn) 61,626 62,908 2.1% Net Islamic Financing Facilities (QAR mn) 36,499 37,462 2.6% Stable asset quality Liquid Assets (QAR mn) 23,898 24,225 1.4% Stable deposit base Customers’ Deposits (QAR mn) 1
Slide 13: Funding Overview
Section 3 Funding Overview Page 13. Page 13.
Slide 14: Funding Overview
Funding Overview Highlights QIIB’s Funding Split As of 31 December 2023 As of Q1-2024 QIIB’s funding is predominantly driven by customer deposits and equity of investment account holders (EIAH) and is backed by the bank’s own capital. 15% 15% 15% 17% QIIB has leveraged its expanding branch network a
Slide 15: Rating Overview
Section 4 Rating Overview Page 15. Page 15.
Slide 16: Credit Ratings
Credit Ratings Fitch Ratings Longer-term IDR Short-term IDR Viability Rating Outlook Date A F2 bb+ Stable March 2024 Moody’s Issuer Rating ST Issuer Rating Baseline credit assessment Outlook Date A2 P-1 baa3 Stable June 2023 Capital Intelligence Long Term Rating Short Term Rating Standalone Rating (
Slide 17: Key Investment Highlights
Key Investment Highlights One of the most efficient banks in Qatar Based in one of the fastest growing markets in the world Strong brand name since 1991 Second largest Islamic banking network in Qatar with 17 branches and 1 digital branch Strong capital position & asset quality Strong government sup
Slide 18: Contacts
Contacts Head Office: Qatar International Islamic Bank Doha, Qatar P.O. Box 664 Web: www.qiib.com.qa Email: IR@qiib.com.qa IR Mobile App IR Contact: Mr. Hossam Khattab Dr. Mohammed Ghiyath Sheikhah Chief Financial Officer Head of Investment Finance Treasury & Investment hossamkhattab@qiib.com.qa Moh
Slide 19: Disclaimer
Disclaimer Acceptance by recipients of a copy of this document will be deemed to constitute an acknowledgement and agreement that: This document has been prepared by QIIB and accepts no liability, express or implied, to any other parties or recipients. The reliance which can be placed upon this docu
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