Pt Bank Qnb Indonesia Tbk · IDX:BKSW
Pt Bank Qnb Indonesia Tbk — QNB Group — Investor Presentation (September 2023)
51 slides from Pt Bank Qnb Indonesia Tbk's investor presentation, September 2023
Slide 1: Investor Relations Presentation September 2023
Investor Relations Presentation September 2023 Download our IR Application
Slide 2: Contents
Contents 1.QNB at a Glance 2.QNB Comparative Positioning – Qatar and MEA 3.Financial Highlights 4.Sustainability 5.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, numbers may
Slide 3: QNB at a Glance
+< QNB QNB at a Glance
Slide 4: QNB is a strong and highly rated bank with international footprint
QNB is a strong and highly rated bank with international footprint #1 bank in the Middle East and Africa across all balance sheet metrics International network with presence in more than 28 countries Most valuable banking brand in the Middle East and Africa, worth USD 7.7 Bn1 About 30,000 employees
Slide 5: QNB's International Footprint
QNB's International Footprint Sub-Saharan Africa Middle East Qatar: (50 Branches) South Sudan: (1 Branch) KSA: (2 Branches) Togo: (669 Branches3 across Africa, though 20.1% stake in Ecobank) UAE: (71 +11 Branches, 40.0% stake in CBI) Asia Syria: (8 +291 Branches, 50.8% stake in QNB Syria) Indonesia:
Slide 6: QNB Comparative Positioning – Qatar and MEA
QNB Comparative Positioning – Qatar and MEA
Slide 7: Top Listed Domestic Banks – September 2023
Top 5 Listed Domestic Banks – September 2023 QNB continues to excel in the domestic market Assets Loans 325.8 224.0 51.3 45.2 43.9 33.5 30.2 25.1 30.9 20.8 Deposits Net Profit 225.9 3.27 0.85 0.66 33.4 25.4 0.33 21.2 20.5 0.30 Note: All amounts are in USD billions Source: Banks’ September 2023 Press
Slide 8: Top Listed MEA Banks – September 2023
Top 5 Listed MEA Banks – September 2023 QNB maintains its position as the leading bank in the region across all balance sheet categories Assets Loans 325.8 323.0 224.0 273.9 227.5 213.7 158.8 157.5 130.2 126.1 Deposits Net Profit 225.9 4.75 213.8 4.01 166.6 155.2 150.8 3.37 3.32 3.26 Note: All amoun
Slide 9: QNB is the leading financial institution in the MEA region with regards to brand value
QNB is the leading financial institution in the MEA region with regards to brand value Brand value (USD Bn) Top MEA banking brands Key highlights • QNB retains the most valuable Banking Brand in Middle East and Africa region 7.67 • 2023 Brand Value for Group increased to USD 7.67 billion 5.66 • Bran
Slide 10: Financial Highlights
+< QNB Financial Highlights
Slide 11: QNB Group demonstrate sustainable growth
QNB Group demonstrate sustainable growth Financial Highlights (as at 30 September 2023) Growth vs. September 2022 • Net interest margin (NIM)2: 2.57% Profit1 • USD3.26 billion +8% • Cost to income ratio: 20.0% • Earnings per share: USD 0.33 • USD325.8 billion assets +4% • NPL (% of gross loans): 3.0
Slide 12: QNB ALAHLI
QNB ALAHLI Financial Highlights (as at 30 September 2023) Growth vs. September 2022 • Net interest margin (NIM)1: 6.15% • USD365.8 million 0% Profit (EGP11.2 billion) (+72%) • Cost to income ratio: 22.1% • USD19.2 billion assets -16% (EGP593.0 billion) (+32%) • NPL (% of gross loans): 4.6% Assets •
Slide 13: QNB FINANSBANK
QNB FINANSBANK Financial Highlights (as at 30 September 2023) Growth vs. September 2022 • Net interest margin (NIM)1: 7.00% • USD280.3 million -15% Profit (TRY7.7 billion) (+26%) • Cost to income ratio: 25.8% • USD33.4 billion assets +6% (TRY914.4 billion) (+56%) • NPL (% of gross loans): 1.3% Asset
Slide 14: Enpara Digital Bank (pro-forma standalone operations)
Enpara Digital Bank (pro-forma standalone operations) Financial Highlights (as at 30 September 2023) Growth vs. September 2022 • USD202.1 million • Cost to income ratio: 15.6% +184% Profit1 (TRY5.5 billion) (+319%) • Net Interest Margin (NIM): 11.4 % • USD2.1 billion loans • NPL (% of gross loans):
Slide 15: Strong domestic franchise with widespread geographical footprint contributes to diversification and growth
Strong domestic franchise with widespread geographical footprint contributes to diversification and 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 3.26 224
Slide 16: Consistent Profitability and Cost Discipline
Consistent Profitability and Cost Discipline 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: 1.9% 5 yrs: 10% 5 yrs: 9% 3.26 7.97 3.08 3.02 6.11 2.82 7.04 5.76 2.61 5.69 4.63 5.24 5.28 4
Slide 17: Asset growth driven by lending activities mainly in USD and QAR
Asset growth driven by lending activities mainly in USD and QAR Assets Analysis (as at 30 September) Total Assets Evolution 2023 Split of Assets (%) USD billion By Type By Currency 5 yrs: 7% 325.8 Cash and 311.8 Balances with 7.7 QAR 25.7 297.7 270.9 Central Banks USD 44.6 250.5 Due from 6.8 Banks T
Slide 18: Stable loan momentum
Stable loan momentum Loan Analysis (as at 30 September) Total Loans Evolution 2023 Split of Loans (%) USD billion By Geography By Sector1 5 yrs: 6% 224.0 Qatar 78.6 Govt. & Govt. 210.5 35.3 209.6 Agencies 196.8 179.4 Turkey 8.9 Services/ 40.7 Commerce Egypt 3.7 Industry 4.8 Europe 2.7 Real Estate &
Slide 19: High quality lending portfolio is underpinned by low NPL ratios
High quality lending portfolio is underpinned by low NPL ratios Asset Quality Analysis (as at 30 September) Non Performing Loans (NPL) by Segment • QNB has continued to x increase its provisions in USD million Total NPL’s response to the global 5,039 6,505 6,960 economic situation on 5,408 account o
Slide 20: High quality investment portfolio with 69% of securities rated AA or Sovereign
High quality investment portfolio with 69% of securities rated AA or Sovereign Investments Analysis (USD million as at 30 September 2023) Fair Value Through Other Comprehensive Income Amortised Cost Quoted Fixed rate Unquoted Floating rate State of Qatar 5,965 State of Qatar 7,404 Sovereign Debt 0 S
Slide 21: Robust growth in customer deposits and funding
Robust growth in customer deposits and funding Funding Analysis (as at 30 September) Customer Deposits Evolution 2023 Split of Deposits (%) USD billion By Sector By Type By Geography 5 yrs: 6% Qatar 59.2 225.9 Govt. & Time 215.3 218.2 Govt. 26.6 Deposits 77.4 196.4 Agencies GCC 2.4 182.0 Europe 12.3
Slide 22: Solid liquidity profile
Solid liquidity profile Liquidity Analysis (as at 30 September) Loans to Deposits Ratio Evolution Sources of Liquidity % % of total liabilities 98.6 100.2 97.8 96.1 99.2 Due to 14.1 Banks Customer 76.3 Deposits Debt Securities 3.1 2019 2020 2021 2022 2023 Other 2.4 Borrowings Liquid Assets1 Evolutio
Slide 23: 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 % 19.0 17.9 13.9 16.0 (QCB) 13.0 (QCB) 11.0 (QCB) CET 1 Tier 1 Total CAR • Capital adequacy ratio is above QCB and Basel III requirements includin
Slide 24: Diversifying business mix will bolster sustainable growth
Diversifying business mix will bolster sustainable growth Business Mix Contribution (% share as at 30 September 2023) Lines of Business Net Profit1 Op. Income Loans Deposits 78 73 91 80 • Maintain dominant domestic market share Group Corporate • Grow international contribution • Nurture SME business
Slide 25: IFRS 9 – Additional buffers for long-term earnings stability
IFRS 9 – Additional buffers 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 26: QNB Group Financials
QNB Group Financials Key data (as at September 2023) % Contribution of QNB AA QNB excluding QNB AA and QNB Finansbank QNB incl. QNB ALAHLI QNB incl. QNB Finansbank % Contribution of QNB Finansbank Financials Presence USD billion 7.97 326 30,292 292 273 5.66 224 226 4.76 196 204 205 189 16,075 3.26 2
Slide 27: Sustainability
+< QNB Sustainability
Slide 28: Sustainability entails delivering positive impact in the pillars and topics of ESG
Sustainability entails delivering positive impact in the pillars and topics of Environmental, Social and Governance (ESG) Universal sustainability topics mapped against the pillars of ESG ESG Pillars Environmental Social Governance Climate change Human rights Board oversight Carbon emissions Labour
Slide 29: QNB engages key stakeholder groups to formulate, prioritise and report upon sustainability topics
QNB engages key stakeholder groups1 to formulate, prioritise and report upon the sustainability topics most material to them QNB stakeholder and material topic assessment approach Define Sustainability strategy and framework to address material topics Map material topics to ESG frameworks (e.g. UNSD
Slide 30: QNB has defined a sustainability framework and strategy along the pillars of ESG
QNB has defined a sustainability framework and strategy along the pillars of ESG as well as incorporating material topics Environmental Social Governance Sustainable financial performance ESG in Finance Data security and privacy Sustainable finance SMEs and entrepreneurship Customer experience and r
Slide 31: QNB has delivered and achieved a number of key ESG milestones
QNB has delivered and achieved a number of key ESG milestones across all areas of our sustainability framework As at 31 December 2022 Sustainable QR 31 Bn Sustainable ESRM2 Sustainable Finance enhancement finance of sustainable Framework and and climate 33 products Transition to Greener financing1 s
Slide 32: Sustainable finance at a glance
Sustainable finance at a glance As at 31 December 2022 Financing Customer experience QAR 10.38 billion 33 84.3% Green lending portfolio Number of sustainable Digital transactions financing environmentally financial products and (online & mobile friendly, low carbon services offered to as a % of tota
Slide 33: QNB's SFPF is the first of its type in Qatar
QNB’s SFPF1 is the first of its type in Qatar, market leading in region, and aligned with international principles to drive ESG financing • QNB Group Sustainable Finance and Product Framework (SFPF) Framework and SPO • ISS Corporate Solutions Second Party Opinion (SPO) Sustainable Finance SFPF Scope
Slide 34: QNB's SFPF framework has clearly defined use of proceeds categories
QNB’s SFPF1 framework has clearly defined use of proceeds categories for green and social projects to facilitate positive impact Green Bond/ Loan Use of Proceeds Social Bond/ Loan Use of Proceeds Sustainable water and Green buildings wastewater Access to essential services Certified buildings, top m
Slide 35: QNB has taken proactive steps to address climate risk in financing
QNB has taken proactive steps to address climate risk in financing Identify and minimise risk Capture opportunities Commitment to exit coal- • Group governance of climate risk related financing in QNBFB • Market leading Sustainable • ESRM framework with exclusions, Finance and Product Framework proh
Slide 36: Sustainable operations at a glance
Sustainable operations at a glance As at 31 December 2022 Climate impact Gender diversity 100% 20% 0.92 Energy from renewable % Women Board Female/ sources in QNB Finansbank members in our male pay subsidiaries ratio -1.39 tonnes CO2 per employee 33% 47% Reduction in carbon intensity since 2015 % Wo
Slide 37: Integrating ESG into our operations to align with international best practices
Integrating ESG into our operations to align with international best practices and embed sustainability in our DNA Commitment to global and regional frameworks Focus on our people – employee value proposition • Continued emphasis on diversity, inclusion equality, and nationalisation for our people a
Slide 38: QNB is recognised as a regional ESG leader and domestic champion
QNB is recognised as a regional ESG leader and domestic champion through leading ESG ratings and internationally renowned awards QNB ESG Ratings QNB Disclosures YE 2020 YE 2021 YE 2022 Rank (GCC Banks) AA A First in GCC A #2 41 42 46 th (59 percentile) (62nd percentile) (83rd percentile) #1 Medium r
Slide 39: Economic Overview
3< QNB Economic Overview
Slide 40: Qatar is strategically located between Europe and Asia with one of the largest gas reserves
Qatar is strategically located between Europe and Asia and possesses one of the largest gas reserves in the world Comments • Qatar is a peninsula located in the Persian Gulf and is a member of the Gulf Cooperation Council (GCC) • Qatar’s total population is around 3.05 million • Qatar is endowed wit
Slide 41: Qatar's hydrocarbon production generates significant wealth via exports
Qatar’s hydrocarbon production generates significant wealth via exports and has fueled substantial current account surpluses Hydrocarbon production Current account surplus Mn boe Cumulative, USD Bn 5.5 500 5.0 450 4.5 400 4.0 350 3.5 300 3.0 250 2.5 200 2.0 150 1.5 1.0 100 0.5 50 0.0 0 2000 2005 201
Slide 42: The development of Qatar's vast hydrocarbon reserves make it one of the richest countries
The development of Qatar’s vast hydrocarbon reserves make it one of the richest countries in the world Hydrocarbon reserves per capita (2021) GDP per capita (2022) thousand barrels of oil equivalent (boe) thousand USD PPP Qatar 144 Luxembourg 117 Kuwait 24 Ireland 113 UAE 14 Singapore 108 Venezuela
Slide 43: Qatar introduced the Qatar National Vision 2030
Qatar introduced the Qatar National Visions 2030 (QNV 2030) with the aim to transform the country into a knowledge-based economy QNV 2030 Comments QNV 2030 aims to promote diversification away from oil and foster human, social, economic and environmental Knowledge based development: economy Human de
Slide 44: Economic diversification has accelerated over the last decade
Economic diversification has accelerated over the last decade in order to achieve the QNV 2030 Real GDP Growth by Sector %, year-on-year 28 26 24 Hydrocarbon 22 Non-Hydrocarbon 20 18 16 14 Accelerated Diversification 12 10 8 6 4 2 0 -2 -4 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2
Slide 45: Qatar's transformation has been supported by major infrastructure and investment spending
Qatar’s transformation has been supported by a range of major infrastructure and investment spending programmes Major projects spending (USD Bn) Major Projects Completed* 27 Hamad International Ashghal Major Hamad Port 24 Airport Projects 21 22 19 19 19 FIFA World Cup 17 17 Education City Msheireb D
Slide 46: Qatar will increase its LNG production by 64%
Furthermore, Qatar will increase its LNG production by 64%, maintaining its position as the world’s largest exporter Qatar’s current and expected share of global LNG market • Globally Qatar is the largest LNG exporter with a market share of 20- 30% of total LNG exports Million metric tons per annum
Slide 47: Qatar has maintained a substantial trade surplus
Qatar has maintained a substantial trade surplus, with exports much greater than imports despite oil price volatility Trade surplus, exports, imports (USD Bn) and oil price (USD/barrel) 111 112 109 99 100 Oil price Trade surplus 71 70 108 106 64 98 97 52 54 92 44 42 52 59 44 44 Exports 37 133 133 12
Slide 48: Qatar's diversification and expansion efforts will continue and deliver strong economic growth
Qatar’s diversification and expansion efforts will continue and deliver strong economic growth today as well as in the coming years Real GDP forecast (% y-o-y) Consensus 2023 (f) IMF 2023 – 2027 (f) 4.3 3.7 3.3 2.9 2.4 2.5 1.8 0.4 2023 2024 2025 2026 2027 Average of all forecasts Source: Bloomberg,
Slide 49: Qatar is one of the highest rated sovereigns in the world
Given its wealth and stable outlook, Qatar is one of the highest rated sovereigns in the world Standard & Poor’s Sovereign Ratings* Moody’s Sovereign Ratings* Germany, Canada, Switzerland, Norway, Sweden, Germany, Canada, Switzerland, Norway, Sweden, AAA Netherlands, Luxembourg, Singapore Aaa Nether
Slide 50: Qatar's banking and financial system remains resilient and healthy
Qatar’s banking and financial system remains resilient and healthy Financial Soundness Indicators (2019-2022, %) 2019 2020 2021 2022 Capital Adequacy Tier 1 capital/risk-weighted assets 17.5 17.6 18.0 18.1 Regulatory capital/risk-weighted assets 18.6 18.8 19.2 19.3 Asset Quality Non-performing loans
Slide 51: 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