Pt Bank Qnb Indonesia Tbk · IDX:BKSW
Pt Bank Qnb Indonesia Tbk — QNB — Investor Presentation (September 2017)
34 slides from Pt Bank Qnb Indonesia Tbk's investor presentation, September 2017
Slide 1: Investor Relations Presentation
Investor Relations Presentation September 2017
Slide 2: Contents
Contents 1. QNB at a Glance 2. QNB Comparative Positioning – Qatar and MEA 3. Financial Highlights – as at 30 September 2017 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,
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 2017 2016 5yr CAGR the Qatar Investment Authority (QIA) Total Assets 217.6 195.9 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: (64 Branches) Togo: (1,265 Branches1, 20.1% stake in KSA: (1 Branch) Ecobank) UAE: (23 (+12) Branches, 40.0% stake Asia in CBI) Indonesia: (48 Branches, 82.59% stake Syria: (15 (+302) Branches, 50.8% stake In
Slide 6: QNB Comparative Positioning – Qatar and MEA
QNB Comparative Positioning – Qatar and MEA
Slide 7: Top Domestic Banks – September 2017
Top 5 Domestic Banks – September 2017 QNB continues to excel in the domestic market Assets Loans 217.6 159.0 41.0 36.8 27.3 27.1 25.4 23.2 18.8 16.2 Deposits Net Profit 157.8 2.82 27.1 0.49 0.43 20.1 16.5 14.4 0.29 0.19 Note: All amounts are in USD billions 7 Source: Companies’ September 2017 Press
Slide 8: Top MEA Banks – September 2017
Top 5 MEA Banks – September 2017 QNB maintained its position as the leading bank in the region across all categories Assets Loans 217.6 159.0 175.4 149.3 125.5 118.6 89.4 82.8 71.2 68.5 Deposits Net Profit 157.8 2.82 2.20 103.1 1.93 1.78 1.68 87.7 82.2 80.7 Note: All amounts are in USD billions Sour
Slide 9: Leading MEA financial institution by 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-16) Top MEA banking brands Top MEA banks by market capitalisation 3.83 37.6 3.41 27.3 2.50 22.7 2.13 21.1 1.97 17.4 Source: Bran
Slide 10: Financial Highlights – as at September 2017
Financial Highlights – as at 30 September 2017
Slide 11: QNB demonstrate sustainable profit growth
QNB demonstrate sustainable profit growth Financial Highlights (as at 30 September 2017) Growth vs. September 2016 • Net interest margin (NIM)2: 2.67% NIM (excl. impact of av. FX rates resetting)3: 2.82% Profit1 • USD2.8 billion +6% • Cost to income ratio: 29.0% • USD217.6 billion assets +11% • NPL
Slide 12: QNB ALAHLI
QNB ALAHLI Highlights (as at 30 September 2017) Growth vs. September 2016 • Net interest margin (NIM)2: 4.88% • USD204.9 million -31% Profit1 (EGP3.7 billion) (+44%) • Cost to income ratio: 27.3% • USD11.7 billion assets -32% (EGP205.6 billion) (+35%) • NPL (% of gross loans): 2.6% Assets • USD6.2 b
Slide 13: QNB FINANSBANK
QNB FINANSBANK Highlights (as at 30 September 2017) Growth vs. September 2016 • Net interest margin (NIM)2: 4.81% • USD359.8 million +39% Profit1 (TRY1.3 billion) (+70%) • Cost to income ratio: 47.9% • USD35.5 billion assets +9% (TRY126.4 billion) (+30%) • NPL (% of gross loans): 5.2% Assets • USD23
Slide 14: Increasing geographical diversification positively contributes to growth
Increasing geographical diversification positively contributes to growth Geographical Contribution (as at 30 September) Domestic International % Share of International as percentage of the total Net Profit1 Loans Deposits USD billion USD billion USD billion 2.82 159.0 157.8 2.65 2.40 139.3 137.5 104
Slide 15: Consistently High Profitability
Consistently High Profitability Income Statement Breakdown (USD billion as at 30 September) Net Profit1 Operating Income2 Net Interest Income NIM Compression % Cost to Income Ratio % Net Interest Margin3 % 7 bps 5 yrs: 15% 5 yrs: 14% 5 yrs: 10% 2.89 2.82 2.82 4.82 4.66 3.74 3.63 2.67 2.65 2.40 2.20
Slide 16: 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 30 September) Total Assets Evolution 2017 Split of Assets (%) USD billion By Type By Currency 217.6 Cash and QAR 39.5 Balances with 6.6 5 yrs: 18% 195.9 Central Banks USD 32.9 Due from 4.6 Banks 143.1 TRY 7.7
Slide 17: Good loan growth
Good loan growth Loans Analysis (as at 30 September) Total Loans Evolution 2017 Split of Loans (%) USD billion By Geography By Sector 159.0 Qatar 66.1 Govt. & Govt. Agencies 45.4 5 yrs: 19% 139.3 Turkey 15.4 Services/ 22.8 Commerce Egypt 3.9 100.7 Industry 7.5 90.3 Europe 4.8 83.5 Impacted 1.7 Real
Slide 18: 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 1,530 2,600 2,884 economic situation 1,148 97
Slide 19: High quality investment portfolio with 83% of securities rated AA or Sovereign
High quality investment portfolio with 83% of securities rated AA or Sovereign Investments Analysis (USD million as at 30 September 2017) Available-for-Sale Investment Securities Held to Maturity Financial Investments Quoted Fixed rate Unquoted Floating rate State of Qatar 7,197 State of Qatar 3,381
Slide 20: Robust growth in customer deposits and funding
Robust growth in customer deposits and funding Funding Analysis (as at 30 September) Total Customer Deposits Evolution 2017 Split of Deposits (%) USD billion By Sector By Type By Geography Qatar 56.5 5 yrs: 16% 157.8 Govt. & Time Govt. Agencies 35.1 78.4 Impacted Deposits 2.4 137.5 GCC Other GCC 2.2
Slide 21: Solid liquidity profile
Solid liquidity profile Liquidity Analysis (as at 30 September) Loans to Deposits Ratio Evolution 2017 Sources of Liquidity % % of total liabilities 96.2% 101.3% 100.8% 92.2% 93.9% Due to Banks 8.4 Customer Deposits 80.4 Debt 3.9 Securities 2013 2014 2015 2016 2017 Other 3.3 Borrowings Liquid Assets
Slide 22: Strong capital adequacy ratio maintained above QCB and Basel III requirements
Strong capital adequacy ratio maintained above both QCB and Basel III requirements Capital Analysis (as at 31 December unless stated) Total Equity1 Evolution Basel III Capital Adequacy Ratio USD billion x Gearing2 % 21.2 18.4 16.0 15.4 16.0 14.8 (QCB) 2015 2016 Sep-17 2016 Sep-17 9.2 10.7 10.2 • Cap
Slide 23: Diversifying business mix will bolster sustainable growth
Diversifying business mix will bolster sustainable growth Business Mix Contribution (% share as at 30 September 2017) Lines of Business Net Profit1 Op. Income Loans Deposits 91 79 89 76 • Maintain dominant domestic Group market share Corporate • Grow international contribution • Nurture SME business
Slide 24: QNB Group Financials
QNB Group Financials Key data (as at 30 September 2017) QNB QNB incl. QNB ALAHLI QNB incl. QNB Finansbank % Contribution of QNB AA % Contribution of QNB Finansbank Financials Ratios Presence USD billion 2.82 218 20.1% 111% 27,818 105% 2.34 186 16.5% 93% 177 2.15 15.4% 159 158 139 129 136 129 16,003
Slide 25: Economic Overview
Economic Overview
Slide 26: 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 (2016) k barrels of oil equivalent (boe) Qatar 76.1 Kuwait 27.6 UAE 14.4 Venezuela 11.0 Saudi Arabia 10.4 Libya 9.2 Canada 5.2 Iran 4.9 Iraq 4.9 Kazakhstan 2.3 Russia 2.2 • Qatar is endowed with major oil
Slide 27: Qatar accumulated large reserves and is using them to diversify the economy
Qatar accumulated large reserves during its hydrocarbon expansion and is now using these reserves to diversify the economy through major investments Real GDP Growth by Sector %, year-on-year Hydrocarbon Non-Hydrocarbon Hydrocarbon Phase 30% Diversification Phase 25% 20% 15% Qatar’s National 10% Visi
Slide 28: Political dispute between Qatar and neighbouring countries, economic impact limited
A political dispute has recently erupted between Qatar and neighbouring countries but the economic impact has been limited • Saudi Arabia, Bahrain, UAE and Egypt cut their diplomatic and economic ties with Current Qatar on 5th June 2017 in a move that was unprecedented in magnitude Situation • As of
Slide 29: Hydrocarbon exports unaffected and imports have rebounded
1 Trade Hydrocarbon exports have been unaffected and imports have 2 3 Financial flows Ratings rebounded as new trade routes have been quickly established 4 Medium-term growth Exports from Qatar (% shares, 2016) • Exports are 82% hydrocarbons which continue to flow 18% undisrupted to countries such a
Slide 30: Banking sector underpinned by high quality metrics and public funding
1 Trade The banking sector is underpinned by high quality metrics and is 2 3 Financial flows Ratings strongly backed by public funding 4 Medium-term growth Quality Total Liabilities (%) (USDbn) Qatar Rest of GCC1 Other Private sector funding 2 Public sector funding Return on • Since the embargo, out
Slide 31: Qatar is one of the highest rated sovereigns in the world
1 Trade Qatar is one of the highest rated sovereigns in the world, only 2 3 Financial flows Ratings three notches from AAA 4 Medium-term growth Moody's Sovereign Ratings, Selected Countries AAA United States Germany Singapore Aa1 Austria Finland Aa2 United Kingdom United Arab Emirates Kuwait Aa3 Bel
Slide 32: Qatar will not deviate from its long-term investment spending
1 Trade Qatar will not deviate from its long-term investment spending and 2 3 Financial flows Ratings the recent turmoil has initiated a drive towards self-sufficiency 4 Medium-term growth Major infrastructure projects not disrupted New investments in Medium-term Growth Budget Project End (bn USD) L
Slide 33: Sustainable and growing reserves allow Qatar to defend the peg
With sustainable and growing reserves Qatar can defend the peg, offset outflows, support banks and continue its investment spending Protect the peg Offset potential outflows Easily cover Qatari Riyal deposits Public sector deposits up by 22% and currency in circulation of of GDP from May-Aug 23% of
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