Doha Bank · QSE:DHBK
Doha Bank — Q1 2024 Earnings Presentation
25 slides from Doha Bank's earnings presentation, 2024
Slide 1: Investor Presentation Q1 2024 Results
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Investor Presentation Q1 2024 Results New Horizons New Opportunities www.dohabank.com 1
Slide 2: Table of Contents
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Table of Contents Qatar Outlook 3 Operational and Financial Highlights 6 Overview 10 Financial Summary 13 Sustainable Journey & Finance Framework 21 Disclaimer 25 2
Slide 3: 1. Qatar Outlook
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C 1. Qatar Outlook Strong macro-economic environment towards providing Sustainable growth Qatar is one of the world’s richest countries on a GDP per capita Globally, Qatar is the largest LNG exporter with a market share basis of 20-30% of total L
Slide 4: Qatar's Outlook continued
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Qatar’s Outlook continued Qatar’s transformation into a diversified economy Indicators of Economic Diversification(1) Third Qatar National Development Strategy (2024-2030) launched to transform Qatar into an advanced and diversified economy (Pe
Slide 5: Investor Presentation Q1 2024 Results
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C 5
Slide 6: 2. Operational and Financial Highlights
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C 2. Operational and Financial Highlights Wholesale Banking Group: campaigns with tailored products (Housing Loans, market risks. • Continued momentum from last year, the bank Personal Loans & Credit Cards) for Qatari and • The bank returned to t
Slide 7: Net Profit increased by +10.9% YoY
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Net Profit increased by +10.9% YoY FX, Net Net operating Customer income from Investment income deposit investment activities, Securities increased increased by increased by and other income +20.3% YoY +4.0% YoY +7.5% YoY increased +50% YoY CET
Slide 8: Performance Scorecard
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Performance Scorecard Actual Actual Guidance 2023-2027 FY 2023 Q1 2024 FY 2024 5-year Target Capital Adequacy Ratio 19.25% 19.74% Maintain c.19% Maintain min. 17% Net Loan Growth Pvt. 5.0% 0.2% 5% p.a. 3-5% p.a. Net Interest Margin 2.21% 1.97%
Slide 9: Doha Bank's Transformation Process to implement the strategy
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Doha Bank’s Transformation Process to implement the strategy Comprehensive 360-degree assessment 50+ initiatives identified post review, providing a clear roadmap for the covering 10 dimensions to identify short to transformation process. The K
Slide 10: 3. Overview: Doha Bank at a glance
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C 3. Overview Doha Bank has a global reach Doha Bank at a glance Kuwait City - Kuwait Dubai – UAE Kathmandu - Nepal Dhaka - Bangladesh Frankfurt - Germany Seoul - S. Korea London - UK Global footprint in 15 Well-established banking countries spre
Slide 11: Healthy diversification of income streams across all business units
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Doha Bank Healthy diversification of income streams across all business units Wholesale Banking QAR 51.47 billion of assets or 50.28% of total Corporate and commercial banking, structured finance, public sector finance, mortgage finance and rea
Slide 12: Diversified shareholder base & Share performance; Strong ratings profile
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Diversified shareholder Strong ratings profile base & Share performance underpinned by highly Strong shareholding structure with rated sovereign State of Qatar ownership(1) of 23.72% Agency Category Ratings Outlook Foreign Ind’s, 2.39% Doha Ban
Slide 13: 4. Financial Summary
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C 4. Financial Summary Profitability (QAR Mn) Mar-24 Mar-23 Chg Y/Y Assets and Liabilities Mar-24 Mar-23 Chg Y/Y Interest income 1,535 1,270 20.8% (QAR Mn) Interest Expense (1,046) (783) 33.6% Total Assets 102,379 96,648 5.9% Net Interest income
Slide 14: Capitalisation and Net Interest Margin
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Capitalisation Evolution of Capital Ratios Net Interest Margin 19.8% 20.2% 19.9% 19.2% 19.7% 2.59% 18.60% 19.00% 18.80% 18.58% 2.39% 18.10% 2.25% 2.21% 1.97% 13.00% 13.50% 13.30% 13.00% 13.34% 2020 2021 2022 2023 Q1 2024 2020 2021 2022 2023 Q1
Slide 15: Funding Mix and Liquidity Profile
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Funding Mix and Liquidity Profile Other liabilities, 2.0% Deposits-Sector Deposits-Type *Other borrowings, Debt securities, 7.0% 3.6% Savings Accounts, GRE‘s, 37.9% 5.1% Equity, Current and Call 14.2% Deposits, 17.0% Non-banking Due to banks, F
Slide 16: Investment Book
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Investment Book Portfolio Overview Investment Portfolio – evolution (QAR Mn) • Investments limits are linked to Tier 1 capital and set at 25% (excluding 30,386 30,106 SOQs) as per QCB; total utilized currently sits at 22.98% • Conservative low
Slide 17: Fixed Income Portfolio - Diversification
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Fixed Income Portfolio - Diversification Country Exposures Ratings Profile Qatar, 76.33% AA Others, 0.58% 77.76% USA, 2.47% KSA, 4.48% A+ 5.82% Sub A 0.52% UAE, 16.14% AA+ 2.34% A- 2.14% AA- 6.71% A 4.70% Total GCC exposure of 97.47% Total AA e
Slide 18: Wholesale Banking
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Wholesale Banking Overview of the corporate banking loan book at quarter end March 2024 Loans (QAR Bn) Non-banking Industry, Others, FI‘s, 0.90% 0.50% 1.60% 21.4 21.8 Contracting, 20.4 19.4 19.1 10.90% Real Estate CAGR (2020-Q1 2024): +3.0% Rea
Slide 19: Loan Book and Asset Quality
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Loan Book and Asset Quality Loans-Sector Loans-Type NPL evolution Trade, Retail 7.36% 7.46% 20.2% 12.00% 5.98% 5.83% 6.43% Real Estate, 35.0% GRE‘s 1.55% Corporate Services, 86.45% 19.2% Industry, 0.4% 2020 2021 2022 2023 Q1 2024 Non-banking FI
Slide 20: 5. Doha Bank's Sustainable Journey
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C 5. Doha Bank’s Sustainable Journey Sustainability to be at the core of our future • Doha Bank began the publication of its annual sustainability disclosure Doha Bank achieved a Participation Score of 100% for statements in 2009 the QSE Sustaina
Slide 21: Sustainable Finance Framework 2023
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Sustainable Finance Framework 2023(1) • In May 2023 Doha Bank has published its inaugural Sustainable Finance Framework which allows for the issuance of Green, Social, and Sustainability Financing Instruments • The Framework is aligned with the
Slide 22: ICMA Eligible Categories, Exclusions, Second Party Opinion
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C ICMA Eligible Categories Eligible Category Contribution to UN SDGs Exclusions Green Eligible Categories The Sustainable Finance Asset Pool will explicitly exclude unfunded and non- performing exposures, as well as loans to businesses or project
Slide 23: Investor Presentation Q1 2024 Results
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C 23
Slide 24: Disclaimer
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C Disclaimer • The presentation and any discussion may include forward-looking predictions and or expectations. • While these forward-looking statements represent the bank’s current judgment on what the future holds for the bank, they are subject
Slide 25: Investors Contact
Investor Presentation Q1 2024 Results DOHA BANK Q.P.S.C INVESTORS CONTACT Hesham Kalla Head of Investor Relations Tel: +974 4015 5341 Email: hkalla@dohabank.com.qa/ir@dohabank.com. For more information: Doha Bank/Investor/Overview/ www.dohabank.com 25