Ahli Bank Q.p.s.c. · QSE:ABQK
Ahli Bank Q.p.s.c — Q1 2022 Earnings Presentation
21 slides from Ahli Bank Q.p.s.c's earnings presentation, 2022
Slide 1: Investor Presentation Q1 2022
Investor Presentation Q1 2022 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 QAR 10.06 bln (as of 31 March 2022) owned subsidiaries Has a network of 14 branches and
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 – Q1 2022
Executive Summary – Q1 2022 1) Satisfactory Performance for the quarter with net profit growth of 2.6%; 2) Capital Adequacy Ratio of 20.83% Post dividend 3) Tranche II of EMTN of USD 500mln was repaid in February 2022 4) NPL Ratio stood at 3.76% ( 2021 : 3.74% ) with an improved coverage of 113% (20
Slide 7: Key Highlights
Key Highlights Mar 2022 Mar 2021 Growth Net Interest Income QAR 246 Mln QAR 257 Mln -4.2% Operating Income QAR 326 Mln QAR 321 Mln 2% Net Profit QAR 191 Mln QAR 187 Mln 2.6% Mar 2022 December 2021 Growth Total Assets QAR 46,435 Mln QAR 48,093 Mln -3.4% Loans & Advances QAR 33,570 Mln QAR 33,570 Mln
Slide 8: P&L-YTD March 2022
P&L-YTD March 2022 Actuals YOY Variance QAR '000 Mar-22 Mar-21 Fav/(Adv) Interest income 399,567 422,526 -5% Interest expense 153,468 165,558 7% Net interest income 246,099 256,968 -4% Fees and other income 59,091 54,933 8% Income on Investment securities 21,042 8,917 136% Total operating income 326
Slide 9: Balance Sheet – 31 March 2022
Balance Sheet – 31 March 2022 QR 'Mln Mar-22 Dec-21 Variance Amount % Cas h and Balances with central bank (includes Statutory res erve: QR 1.22 bln) 1,938 2,443 (505) -21% Due from Banks 2,084 3,001 (917) -31% Loans and Advances 33,570 33,570 0 0% SOQ 664 526 138 26% Sp ecial Loans @1.5% 2,204 2,23
Slide 10: Steady Operating Income
Steady Operating Income QAR mln QAR mln 250 350 CAGR CAGR CAGR 321 326 3.9% 13% 5.8% 300 276 200 187 191 271 180 261 262 176 177 254 170 170 245 165 250 228 151 150 135 196 200 100 150 100 50 50 - - Q1-13 Q1-14 Q1-15 Q1-16 Q1-17 Q1-18 Q1-19 Q1-20 Q1-21 Q1-22 Q1-13 Q1-14 Q1-15 Q1-16 Q1-17 Q1-18 Q1-19
Slide 11: Diversified Revenues
Diversified Revenues ABQ benefits from diversified revenues with non-interest income representing 25% of net operating income in Q1-2022 Net Fee & Commissions Total Non-Interest Income QAR mln QAR mln As % NOI(1) 16% 16% 18% 13% 13% 20% 21% 22% 20% 25% 49 90 48 80 48 80 47 70 64 46 58 60 55 45 44 50
Slide 12: Total Assets – Trend
Total Assets – Trend QAR mln CAGR 20% 60,000 CAGR 3.6% 50,000 47,555 48,093 46,435 43,915 39,883 40,403 40,000 30,000 20,000 10,000 - 2017 2018 2019 2020 2021 Mar-22 12
Slide 13: Net Loans & Advances / Customer Deposits – Trend
Net Loans & Advances / Customer Deposits – Trend QAR mln 40000 Loans CAGR: 3.6% Deposits CAGR: 3.9% 33,513 33,570 33,570 31,591 30000 28,936 27,515 27,925 27,684 26,941 25,500 23,569 21,765 20000 10000 2017 2018 2019 2020 2021 Mar-22 Net Loans & Advances Customer Deposits 13
Slide 14: Proprietary Investments – Trend
Proprietary Investments – Trend QAR mln 10000 CAGR 7.7% 9000 8,613 8,349 8000 7,521 7,074 7000 6,100 5,917 6000 5000 4000 3000 2000 1000 2017 2018 2019 2020 2021 Mar-22 14
Slide 15: Shareholder’s Funds – Trend
Shareholder’s Funds – Trend QAR mln 8,000 CAGR 7,500 4.5% 7,000 6,593 6,374 6,500 6,275 5,959 6,000 5,501 5,500 5,294 5,000 4,500 4,000 3,500 3,000 2017 2018 2019 2020 2021 Mar -22 15
Slide 16: Asset Quality
Asset Quality NPL ratio of 3.76% and a coverage of 113% as at 31st March 2022 Gross Loans and NPL Ratio(1) NPL Provision Coverage(2) Provisions (QAR Mln) Gross Loans (LHS) NPL Ratio (RHS) 40000 QAR Mln 4.50% 416 628 816 1,108 1,388 1,474 34,879 34,357 34,730 35000 32,135 4.00% 200% 27,929 30000 29,3
Slide 17: Capital Adequacy Ratio
Capital Adequacy Ratio 10,000 25% 20.8% 9,000 20.6% 18.0% 20% 16.9% 17.7% 442 437 8,000 18.2% 7,000 15% 417 1,092 1,092 285 6,000 324 - 10% 355 - - 5,000 - 6,206 6,183 5,290 5,611 5,911 5% 4,000 4,845 3,000 2017 2018 2019 2020 2021 Mar-22 0% Tier II 355 324 285 417 442 437 AT-1 - - - - 1,092 1,092 T
Slide 18: 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 19: Market Positioning
Market Positioning Cost to Income (%) Return on Assets (%) 2019 2020 2021 Mar-22 2019 2020 2021 Mar-22 QIB 23.8 20.9 18.9 18.9 QIB 1.82 1.70 1.83 1.83 QIIB 24.2 21.2 19.8 19.8 ABQ 1.66 1.50 1.49 1.66 Rayan 22.9 21.6 22.0 22.0 QIIB 1.62 1.40 1.46 1.46 QNB 27.7 25.7 23.6 23.6 Rayan 2.13 1.93 1.28 1.28
Slide 20: Banking Partners’ Footprint
Banking Partners’ Footprint Who do we principally work with? GCC Countries Banks UAE KSA Bahrain Oman Kuwait 20
Slide 21: 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