Ahli Bank Q.p.s.c. · QSE:ABQK
Ahli Bank Q.p.s.c — Q3 2021 Earnings Presentation
20 slides from Ahli Bank Q.p.s.c's earnings presentation, 2021
Slide 1: Investor Presentation Q3 2021
Investor Presentation Q3 2021 ahlibank.com.qa
Slide 2: Overview
Overview Overview Shareholding Structure Founded in 1983 and listed on the Qatar Stock Exchange, ABQ is the 5 th largest conventional bank in Qatar in terms of assets 47.71% QIA and its wholly Market cap of QAR9.74 bln (as of 30 Sep 2021) owned subsidiaries Has a network of 14 branches and 78
Slide 3: ABQ Has Been at the Heart of the Community for Over 35 Years
ABQ Has Been at the Heart of the Community for Over 35 Years 1983 Incorporated as Al-Ahli Bank of Qatar part of CitiBank operations 1987 ABQ began to operate as a standalone entity 2004 Ahli United Bank (AUB) acquires a 40% stake through issue of new shares with a ten year renewable management
Slide 4: "At the heart of the community" – Corporate Social Responsibility
“At the heart of the community” – Corporate Social Responsibility Our brand identity is a modern interpretation of a potent symbol from Qatar’s past, the oyster shell. The shell protects and nurtures its treasure, growing it over time, just as we seek to grow and protect our customers’ assets. We as
Slide 5: Business Lines
Business Lines Corporate SMEs Ahli Brokerage Corporate Retail Cash Management Premium Proprietary Investment Treasury and Retail Investments Private International Banking Financial Institutions 5
Slide 6: Executive Summary: 9 Months Ended September 2021
Executive Summary: 9 Months Ended September 2021 1) Steady Performance in Q3 2021 with strong growth in operating profit (+20% YoY); Net Profit grew by 4.7% YoY 2) The Bank successfully completed the Issuance of USD300 Million Additional Tier 1 Capital in the international markets at a coupon of 4%
Slide 7: Key Highlights
Key Highlights September 2021 September 2020 Growth Net Interest Income QAR 827 Mln QAR 706 Mln 17% Operating Profit QAR 772 Mln QAR 643 Mln 20% Net Profit QAR 525 Mln QAR 501 Mln 4.7% September 2021 Dec 2020 Growth Total Assets QAR 48,586 Mln QAR 47,555 Mln 2% Loans & Advances QAR 35,682 Mln QAR 33
Slide 8: Wholesale Banking Business
Overview of Key Business Lines Business Line 2021 Net Profit (% share) 2021 Assets (% share) 2021 Liabilities (% share) Focused on Qatar with primary target 60.9% customers being large corporates and quasi- government entities Corporate 34.6% Actively involved in the financing of major 25.4% inf
Slide 9: Steady Operating Income
Steady Operating Income QAR mln QAR mln CAGR 1,200 CAGR CAGR 600 4.1% 13% 1,030 538 545 525 8.2% 506 503 518 1,000 501 878 500 458 821 753 724 778 796 414 800 400 692 367 628 600 300 508 400 200 100 200 - - Q3-12Q3-13Q3-14Q3-15Q3-16Q3-17Q3-18Q3-19Q3-20Q3-21 Q3-12Q3-13Q3-14Q3-15Q3-16Q3-17Q3-18Q3-19Q3
Slide 10: Diversified Revenues
Diversified Revenues ABQ benefits from diversified revenues with non-interest income representing 20% of Total operating income in Q3 2021 Net Fee & Commissions Total Non-Interest Income QAR mln QAR mln As % TOI(1) 17% 16% 17% 18% 15% 13% 24% 20% 22% 26% 20% 20% 150 250 147 213 145 204 200 175 172 1
Slide 11: Total Assets – Trend
Total Assets – Trend QAR mln CAGR 60,000 20% CAGR 7.4% 47,555 48,586 50,000 43,915 39,883 40,403 40,000 38,165 32,299 30,000 20,000 10,000 - 2015 2016 2017 2018 2019 2020 Sep-21 11
Slide 12: Net Loans & Advances / Customer Deposits – Trend
Net Loans & Advances / Customer Deposits – Trend QAR mln 40000 Loans CAGR: 7.1% 35,682 Deposits CAGR: 6.1% 33,513 31,591 30000 28,936 28,578 26,861 27,515 26,941 25,011 25,500 24,045 23,569 21,765 20,384 20000 10000 2015 2016 2017 2018 2019 2020 Sep-21 Net Loans & Advances Customer Deposits 12
Slide 13: Proprietary Investments – Trend
Proprietary Investments – Trend QAR mln 9000 8,546 CAGR 10.4% 8000 7,521 7,074 7000 6,100 5,917 6000 5,571 4,851 5000 4000 3000 2000 1000 2015 2016 2017 2018 2019 2020 Sep-21 13
Slide 14: Shareholder's Funds – Trend
Shareholder’s Funds – Trend QAR mln 7,000 CAGR 6.3% 6,275 6,442 5,959 6,000 5,501 5,294 4,860 5,000 4,540 4,000 3,000 2,000 1,000 - 2015 2016 2017 2018 2019 2020 Sep-21 14
Slide 15: Asset Quality
Asset Quality NPL ratio of 2.17% and a coverage ratio of 166% as of September 2021 Gross Loans and NPL Ratio(1) NPL Provision Coverage(2) QAR mln Gross Loans (LHS) NPL Ratio (RHS) 40000 3.0% 36,850 Provisions (QAR million) 34,357 35000 32,135 200% 380 336 416 628 816 1,108 1,331 29,353 27,929 2.5% 2
Slide 16: Capital Adequacy Ratio
Capital Adequacy Ratio 10,000 25% 20.4% 9,000 18.2% 17.7% 20% 16.9% 18.0% 16.3% 8,000 431 7,000 15% 15.6% 417 1,092 285 6,000 324 - 10% 355 - - 5,000 49 85 - - 5,611 5,911 5,918 5% - 5,290 4,000 4,669 4,845 4,268 3,000 2015 2016 2017 2018 2019 2020 Sep-21 0% Tier II 85 49 355 324 285 417 431 AT-1 -
Slide 17: Diversified Funding Mix
Diversified Funding Mix Debut Syndicated Bank Facilities (Sep 2014) Maturity Profile 3-year US$ 200 mln Syndicated Term Loan Facility for general corporate funding purposes carrying a margin of 120 basis points over LIBOR With the new facilities, we have significantly improved our funding profil
Slide 18: Market Positioning
Market Positioning Cost to Income (%) Return on Assets (%) 2018 2019 2020 Q3-2021 2018 2019 2020 Q3-2021 QIB 26.63 23.80 20.87 18.21 Rayan 2.11 2.13 1.93 1.87 Rayan 24.16 22.93 21.63 19.17 QIB 1.68 1.82 1.70 1.68 QIIB 25.65 24.20 21.17 19.31 QIIB 1.70 1.62 1.40 1.60 Khaliji 30.26 29.32 26.86 23.33 C
Slide 19: Banking Partners' Footprint
Banking Partners’ Footprint Who do we principally work with? GCC Countries Banks UAE KSA Bahrain Oman Kuwait 19
Slide 20: Disclaimer
Disclaimer: The description in this Investor Relations Presentation is provided for information purposes only and is not intended to advise any person to invest in the Bank or to induce or attempt to induce any person or entity to invest in any particular bank product. The information and opinions c