Pt Bank Qnb Indonesia Tbk · IDX:BKSW
Pt Bank Qnb Indonesia Tbk — QNB Group — Investor Presentation (March 2016)
34 slides from Pt Bank Qnb Indonesia Tbk's investor presentation, March 2016
Slide 1: Investor Relations Presentation
Investor Relations Presentation March 2016
Slide 2: Contents
Contents 1. QNB at a Glance 2. QNB Comparative Positioning – Qatar and MEA 3. Financial Highlights – as at 31 March 2016 4. 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, num
Slide 3: QNB at a Glance
QNB at a Glance
Slide 4: QNB at a Glance: Overview
QNB at a Glance: Overview Overview • Established in 1964 as the first Qatari owned Financials2 (in USD billion) bank • Owned (50%) by the Government of Qatar via 2016 2015 5yr CAGR the Qatar Investment Authority (QIA) Total Assets 151.1 137.8 18% • Largest bank in Qatar by market cap., assets, Loans
Slide 5: QNB's International Footprint
QNB's International Footprint Sub-Saharan Africa Middle East South Sudan: (1 Branch) Qatar: (72 Branches) Jordan: (1282 (+32) Branches, 34.5% stake Togo: (+1,250 Branches, 20.0% stake in in Housing Bank of Trade & Finance) Ecobank1) Asia UAE: (27 (+12) Branches, 40.0% stake in CBI) Indonesia: (49 Br
Slide 6: Rating Excerpts
Rating Excerpts “A+” with “Stable” outlook “QNB has an unrivalled leading position in a narrow but wealthy domestic market, and its international expansion is gradually eroding its domestic concentration…” August 12th, 2015 “Aa3” with “Stable” outlook “Consistently high profitability levels supporte
Slide 7: QNB Comparative Positioning – Qatar and MEA
QNB Comparative Positioning – Qatar and MEA
Slide 8: Top Domestic Banks – March 2016
Top 5 Domestic Banks – March 2016 QNB continues to excel in the domestic market Assets Loans 151.1 110.4 36.1 33.9 25.0 24.0 23.3 20.7 18.0 15.6 Deposits Net Profit 110.7 0.79 24.6 19.8 0.15 0.14 15.4 14.1 0.10 0.08 Note: All amounts are in USD billions 8 Source: Companies’ March 2016 Press Release
Slide 9: Top MEA Banks – December 2015
Top 5 MEA Banks – December 2015 QNB improved its position as the leading bank in the region Assets Loans 147.9 106.7 128.1 119.7 110.7 110.7 73.7 69.6 67.0 56.1 Deposits Net Profit 108.6 3.09 86.1 2.42 78.2 76.7 68.3 1.94 1.90 1.64 Note: All amounts are in USD billions 9 Source: Companies’ December
Slide 10: QNB is the leading financial institution in the MEA region with regards to brand value and market capitalisation
QNB is the leading financial institution in the MEA region with regards to brand value and market capitalisation Brand value and market capitalisation (USD Bn as at 31-Dec-15) Top MEA banking brands Top MEA banks by market capitalization 2.45 33.6 2.34 27.2 2.23 22.6 2.19 15.5 1.54 15.3 Source: Bran
Slide 11: Financial Highlights – as at March 2016
Financial Highlights – as at 31 March 2016
Slide 12: QNB continues to demonstrate sustainable profitable growth
QNB continues to demonstrate sustainable profitable growth Financial Highlights (as at 31 March 2016) Growth vs. March 2015 • Net interest margin (NIM)2: 2.78% Profit1 • USD787 million net profit +7% • Cost to income ratio: 22.7% +10% from Mar-15 • USD151.1 billion assets +2% from Dec-15 • NPL (% of
Slide 13: QNB ALAHLI
QNB ALAHLI Highlights (as at 31 March 2016) Growth vs. March 2015 • Net interest margin (NIM)1: 4.77% Profit • USD98.3 million +34% • Cost to income ratio: 29.3% +5% from Mar-15 • USD15.8 billion assets -7% from Dec-15 • NPL (% of gross loans): 2.7% Assets • USD7.2 billion loans +6% from Mar-15 • Co
Slide 14: Strong profitability growth
Strong profitability growth Income Statement Breakdown (USD billion as at 31 March) Net Profit1 Operating Income2 Net Interest Income % Cost to Income Ratio % Net Interest Margin3 5 yrs: 12% 5 yrs: 11% 5 yrs: 14% 0.79 1.10 1.12 0.73 1.03 0.87 0.90 0.67 0.81 0.59 0.81 0.55 0.77 0.62 0.65 2012 2013 20
Slide 15: Good asset growth driven by lending activities mainly in QAR and USD
Good asset growth driven by lending activities mainly in QAR and USD Assets Analysis (as at 31 March) Total Assets Evolution 2016 Split of Assets (%) USD billion By Type By Currency 151.1 Cash and 5 yrs: 18% QAR 46.5 137.8 Balances with 5.2 Central Banks 125.9 Due from USD 23.7 3.9 104.4 Banks EGP 9
Slide 16: Good loan growth
Good loan growth Loans Analysis (as at 31 March) Total Loans Evolution 2016 Split of Loans (%) USD billion By Geography By Sector 110.4 Qatar 75.0 Government 15.0 5 yrs: 23% 94.9 Government 87.1 Egypt 6.6 31.7 Agencies 71.1 Other GCC Services/ 4.6 24.2 Countries Commerce 55.3 North 0.8 Real Estate 1
Slide 17: High quality lending portfolio is highlighted by low NPL ratios
High quality lending portfolio is highlighted by low NPL ratios Asset Quality Analysis (as at December unless stated) Non Performing Loans (NPL) by Segment • QNB has continued to x Total NPL’s increase its provisions in USD million response to the global 1,532 1,530 1,601 economic situation 1,188 1,
Slide 18: High quality investment portfolio with 86% of securities rated AA or better
High quality investment portfolio with 86% of securities rated AA or better Investments Analysis (USD million as at 31 March 2016) Available-for-Sale Investment Securities Held to Maturity Financial Investments Quoted Fixed rate Unquoted Floating rate State of Qatar 3,321 State of Qatar 5,669 Sovere
Slide 19: Robust growth in customer deposits and funding
Robust growth in customer deposits and funding Funding Analysis (as at 31 March) Total Customer Deposits Evolution 2016 Split of Deposits (%) USD billion By Sector By Type 5 yrs: 18% 110.7 Government 4.0 Time 74.6 Deposits 100.5 94.5 Government 25.3 Agencies Saving 76.8 2.7 Accounts 59.9 Corporates
Slide 20: Solid liquidity profile above regulatory minimums
Solid liquidity profile above regulatory minimums Liquidity Analysis (as at 31 March) Loans to Deposits Ratio Evolution 2016 Sources of Liquidity % % of total liabilities 94.4% 99.7% 92.3% 92.7% 92.1% Due to Banks 8.2 Customer Deposits 82.3 Debt 3.3 Securities 2012 2013 2014 2015 2016 Other 3.0 Borr
Slide 21: Sources of Institutional Funding
Sources of Institutional Funding EMTN and Certificate of Deposits EMTN Certificate of Deposits Set-Up • November 2011 in Reg S format • Issued by QNB London Branch and regulated by Set-Up the FCA and the PRA Current • Programme limit USD 12.5 billion and outstanding Values is USD 7.0 billion Establi
Slide 22: 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 31 December) Total Equity1 Evolution Basel III Capital Adequacy Ratio USD billion x Gearing2 % 16.0 16.5 14.1 16.3 15.8 13.1 (QCB) 2014 2015 Mar-16 2015 Mar-16 9.5 9.2 9.1 • Capital base has be
Slide 23: Increasing geographical diversification positively contributes to growth
Increasing geographical diversification positively contributes to growth Geographical Contribution (as at 31 March) Domestic International % Share of International as percentage of the total Net Profit Loans Deposits USD billion USD billion USD billion 0.79 110.4 110.7 0.74 100.5 0.66 94.9 94.5 87.1
Slide 24: Diversifying business mix will bolster sustainable growth
Diversifying business mix will bolster sustainable growth Business Mix Contribution (% share as at 31 March 2016) Lines of Business Net Profit Op. Income Loans Deposits 91 83 90 77 • Maintain dominant domestic Group market share Corporate • Grow international contribution • Nurture SME business in Q
Slide 25: QNB Group Financials
QNB Group Financials Key data (as at 31 March 2016) QNB QNB incl. QNB ALAHLI % Contribution Financials Ratios Presence USD billion 151 0.79 17.4% 120% 137 15.8% 112% 0.70 110 111 103 98 15,345 1.3% 1.4% 454 646 9,882 Total Loans & Customer Profit Capital NPL Coverage Branches Staff Assets Advances D
Slide 26: Economic Overview
Economic Overview
Slide 27: Qatar oil and gas wealth per capita is the highest in the world
Qatar oil and gas wealth per capita is the highest in the world Oil and Gas Reserves Per Capita (2014) k barrels of oil equivalent (boe) Qatar 84.6 Kuwait 28.3 U.A.E. 14.8 Venezuela 11.2 Saudi Arabia 10.4 Libya 9.4 Canada 5.2 Iran 4.9 Iraq 4.8 Kazakhstan 2.3 Russia 2.2 • Qatar is endowed with major
Slide 28: Since 2011, large infrastructure investment projects have driven diversification and double-digit growth
Since 2011, large infrastructure investment projects have driven diversification and double-digit growth in the non-hydrocarbon sector • Text Qatar’s Diversification Strategy Real GDP Growth by Sector %, year-on-year Hydrocarbon Non-Hydrocarbon Total Government Surplus 19.6 Investment Diversificatio
Slide 29: Oil prices have fallen by two thirds since mid-2014
Oil prices have fallen by two thirds since mid-2014 • Text Brent Crude Oil Price USD per barrel (/b) 120 110 • Oil prices have fallen from USD115/b in June 100 2014 and are now hovering around USD40/b currently 90 • Reasons for the sharp decline include: 80 • Large production growth from US shale 70
Slide 30: Brent oil prices are expected to average USD44/b in 2016
Brent oil prices are expected to average USD44/b in 2016 as excess supply is projected to be reduced • Text Brent Crude Oil Price USD per barrel (/b) 120 110 Forecast • Oil markets are currently oversupplied by 1.6m b/d 100 • Oversupply is expected to be reduced in 2016 due 90 to: • 1.2m b/d of addi
Slide 31: Low breakeven oil prices, accumulated savings and low public debt place Qatar in a strong position
Low breakeven oil prices, accumulated savings and low public debt place Qatar in a strong position to withstand low oil prices Accumulated Current Account Fiscal Breakeven Oil Prices Public Debt (% GDP) Surpluses (USD bn, 2005-14) Fiscal Breakeven 0 100 200 300 400 0.0 20.0 40.0 60.0 Oil Price Oil P
Slide 32: Large investment spending focused on real estate and transport will be a key driver
Large investment spending focused on real estate and transport will be a key driver of the economy going forward Investment Spending by Sector (2015-17) Major Projects % shares shown Budget Project End (bn USD) Lusail Mixed-Use 45.0 2022 Real Estate 49% Estate Development Real Barwa Al Khor Developm
Slide 33: Population growth coupled with investment spending are expected to accelerate real GDP growth
Population growth coupled with investment spending are expected to accelerate real GDP growth Population Growth Real GDP Growth by Sector %, year-on-year Millions, People % Change Hydrocarbon Non-Hydrocarbon Total 10.6 9.3 9.0 6.4 6.4 2.6 10.6 10.4 2.5 9.9 10.0 4.7 5.8 4.0 4.7 2.4 2.2 2.0 2.7 1.7 1.
Slide 34: 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