Slide 1: Investor Presentation
Investor Presentation February 2020
Slide 2: Disclaimer by Doha Bank
Disclaimer by Doha Bank Our discussion may include forward-looking predictions and or expectations. While these forward-looking statements represent our current judgment on what the future holds for the bank, they are subject to risks and uncertainties that could cause actual results to differ mater
Slide 3: Overview of Doha Bank
Overview of Doha Bank Key highlights Strong international footprint • Incorporated in 1979, Doha Bank is the third largest local conventional bank by assets in Qatar with a market share of approximately 7.0% (1) and assets totaling QR108.2 bn • Doha Bank has a strong domestic franchise with a retail
Slide 4: Overview of Qatar Economy
Overview Qatar Economy of Doha Bank Stable economic situation Government fiscal surplus/deficit (% of GDP) Sovereign rating: A (Stable) by Fitch / Aa3 (Stable) by Moody’s 14.5% 15.0% Qatar has the 3 largest reserves of natural rd 5.1% 2.2% Gas reserves: 5.0% gas in the world (2) -5.0% -0.7% Oil rese
Slide 5: Qatar Economy
Qatar Economy 3rd largest reserves and 2nd largest exporter of natural gas Qatar Mega-projects and stand-alone projects Natural gas reserves (2018) Export of natural gas in 2018 (cubic meters bn) Infrastructure projects in Qatar Russia 250 • FIFA World Cup Football Stadiums (2020) 19.8% 248 Others 2
Slide 6: Banking Sector
Banking Sector Loan market size (QRbn) and Doha Bank market share (%) Qatari banking system – Total Loans Vs Deposits (QRbn) 1,039 940 911 334 844 209 753 849 653 823 810 2.2% 727 Government loans 5.6% 650 601 Services* 149 2014 2015 2016 2017 2018 2019 1,039 Total Deposit Total Loans Source: QCB ba
Slide 7: Financial Summary Highlights
Financial Summary Highlights 9 Total assets amounted to QR 108.2 billion as at 31 December 2019 showing an increase of 12.6%. Highlights 9 Net loans and advances reached QR 65.8 billion as at 31 December 2019 with an increase of 9.9%. 9 The investment portfolio amounted to QR 26.6 billion, registeri
Slide 8: Financial Summary
Financial Summary Profitability (QR Mn) Assets and Liabilities (QR Mn) Chg Y/Y FY 2019 FY 2018 Chg Y/Y FY 2019 FY 2018 Interest Income 7.5% 4,217 3,921 Total Assets 12.6% 108,208 96,132 Loans and Advances 9.9% 65,784 59,844 Interest Expense 21.6% (2,236) (1,840) Investments 28.1% 26,561 20,727 Net I
Slide 9: Corporate Banking
Corporate Banking Overview of the corporate banking loan book – December 2019 Loans (QRbn) Non-banking Industry Real estate Contract financing financial institutions 1.4% Others 2.9% 2.1% % 9) : 13 201 19) : 4% Services 14 – 014 – 20 18.2% (20 18.3 18.5 18.3 CAGR (2 R Real estate CAG 33.3% 14.5 10.7
Slide 10: Real Estate
Real Estate Real estate market share development Qatari market real estate loans (QRbn) 26% 4% 9) : 1 151.5 - 201 147.3 148.9 (2009 CAGR 125.7 135.0 95.7 85.6 85.4 76.2 51.0 40.4 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2
Slide 11: Contract Finance
Contract Finance Contract financing market share development Qatari market contract financing loans (QRbn) 14% 1% ):1 019 9-2 40.5 200 40.1 CAGR ( 38.9 37.0 37.3 32.0 23.3 18.4 18.2 16.2 13.0 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 2009 2010 2011 2012 2013 2014 2015 201
Slide 12: International Presence
International Presence Timeline of international expansion International asset evolution (QRbn) • 2005: Doha Bank established a representative office in Dubai 11% of total assets • 2006: Representative offices in Singapore and Turkey commenced operations 16.0 16.5 14.2 14.8 • 2007: First full branch
Slide 13: Credit Quality
Credit Quality NPL evolution Total Reserves* for loans & advances divided by impaired loans NPL (QRmn) NPL % Total Reserves for loans & advances (QRmn) Total Reserves for loans & advances/impaired loans Source: Company information * Includes expected credit losses for 2018 & 2019 (Note: 2017 include
Slide 14: Credit Quality in Doha Bank's Core Businesses and by Geography
Credit Quality in Doha Bank‘s Core Businesses and by Geography Real estate NPL ratio Corporate NPL ratio Retail NPL ratio Contracting NPL ratio 15.9% 15.9% 7.9% 7.3% 4.8% 4.7% 4.7% 7.9% 3.8% 6.8% 4.6% 4.2% 0.2% 0.2% 0.1% 0.1% 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018
Slide 15: Diversified Loans and Deposits
Diversified Loans and Deposits By sector – December 2019 By type – December 2019 Loans Deposits Loans Deposits Industry Non -banking financial 1.0% Non -banking Government and institutions Others financial institutions Savings Accounts related agencies 2.3% 1.7% 3.0% 4.1% 10.6% Current and Call Indi
Slide 16: Investment Book
Investment Book Portfolio overview Investment portfolio – split by type – December 2019 (%) • Conservative investment philosophy Total (QR26,561Mn) • -Low hard limits for discretionary trading /investments Mutual • Majority of portfolio in local sovereign fixed income funds Equities 0.2% Other debt
Slide 17: Historically a Very High Dividend Yield…
Historically a Very High Dividend Yield… Dividend yield Cash dividend (%) 12.0% 45 45 10.5% 9.0% 40 10.0% 8.4% 8.7% 7.8% 7.0% 8.0% 8.5% 30 30 30 6.0% 4.6% 7.7% 4.5% 5.1% 4.1% 4.2% 3.5% 3.8% 4.0% 2.2% 1.8% 10 2.0% 3.5% 2.8% 3.1% 2.9% 2.8% 0 0.0% 0.0% 0.0% 2012 2013 2014 2015 2016 2017 2018 2019 2012
Slide 18: Liquidity and Capitalization
Liquidity and Capitalization Funding mix – December 2019 Evolution of tier 1 and capital adequacy ratio Other liabilities Debt securties 15.0% 15.7% 15.6% 17.5% 17.0% 17.8% 4.7% 0.4% 17.4% 16.6% Other borrowings 15.4% 15.4% 15.8% 6.3% 14.7% 12.3% Equity 11.8% 11.5% 12.3% 10.4% 10.4% 10.7% Customer d
Slide 19: Doha Bank Strategy - Transformation with a Clear Path to Future Growth
Doha Bank Strategy - Transformation with a Clear Path to Future Growth VISION To be recognized as the bank of choice in Qatar, delivering superior shareholder returns and an unparalleled customer experience MISSION We strive to become a platform for innovative financial services and deliver superior
Slide 20: Investors Contact
Investors Contact Hesham Kalla Head of Investor Relations Tel: +974 4015 5341 Email: hkalla@dohabank.com.qa / ir@dohabank.com.qa www.dohabank.com