Doha Bank · QSE:DHBK
Doha Bank — Q1 2023 Earnings Presentation
23 slides from Doha Bank's earnings presentation, 2023
Slide 1: Q1 2023 Transformation Through Innovation
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. Q1 2023 Transformation Through Innovation 1
Slide 2: Table of Contents
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. Investor Presentation Table of Contents Operational and Financial Highlights 3 Overview 6 Financial Summary 11 2
Slide 3: Operational and Financial Highlights
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. OPERATIONAL AND FINANCIAL HIGHLIGHTS 3
Slide 4: Operational and Financial Highlights
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. Private Sector Loan Closed the Hong Kong rep Growth +0.2%; Gross office, and Chennai Branch Loans -2.5% -YTD (India) Income from Insurance activities making a positive Total CAR of 19.37% contribution Provision coverage improves to 65.1% versus 56.7%
Slide 5: Performance Scorecard 2023-2027
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. PERFORMANCE SCORECARD 2023-2027 Guidance for 2023 (A) Q1 2023 Update / Guidance for 2023 5-year Strategy Capital Adequacy Ratio 18.50-19.00% 19.37% 18.50-19.00% Maintain min. 17% Net 3-5% YTD Net -2.5% / Net 3-5% Net Loan Growth 3-5% p.a. Pvt. 5% Pvt.
Slide 6: Doha Bank Overview
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. DOHA BANK OVERVIEW 1 2 3 4 5 6 7 8 Founded in 1979 Full branch Largest international Listed on the Qatar Brokerage and Sharq Insurance Client base of more 20 Domestic operations in Qatar, network: China, Stock Exchange financial services Company, a 10
Slide 7: Strong Ratings Profile Underpinned by Highly Rated Sovereign
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. STRONG RATINGS PROFILE UNDERPINNED BY HIGHLY RATED SOVEREIGN Agency Category Ratings Outlook Doha Bank Moody’s Bank Deposit Ratings LT Baa1 Stable Fitch(1) Issuer Default Rating LT A- Positive Qatar Sovereign Moody’s Counter Party Risk LT Aa3 Positive
Slide 8: Share Performance and Diversified Shareholder Base
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. SHARE PERFORMANCE AND DIVERSIFIED SHAREHOLDER BASE Share price and market capitalization Diversified shareholder base and strong support(1) Date Value Last Price 31-Mar-23 1.629 52 Week High 10-May-22 2.850 Foreign Ind's, 2.206% 52 Week Low 16-Mar-22
Slide 9: Doha Bank at a Glance
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. DOHA BANK AT A GLANCE Well-established Well diversified banking franchise with portfolio strong brand value Healthy diversification Global footprint of income over five continents Strong Strong liquidity profile capital position 9
Slide 10: Doha Bank Is Structured in Four Business Units and Holds 100% of Sharq Insurance
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. DOHA BANK IS STRUCTURED IN FOUR BUSINESS UNITS AND HOLDS 100% OF SHARQ INSURANCE Wholesale Treasury & Retail International Investments Focus on corporate and Responsible for activities Provides a wide range Provides a range of Established in 2007 comm
Slide 11: Financial Summary
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. FINANCIAL SUMMARY Profitability (QR Mn) Mar-23 Mar-22 Chg Y/Y Assets and Liabilities Mar-23 Mar-22 Chg Y/Y Interest income 1,270 863 47.2% (QR Mn) Interest Expense (778) (219) 255.3% Total Assets 96,648 101,845 -5.1% Net Interest income 492 644 -23.6%
Slide 12: Funding Mix
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. FUNDING MIX Comments Other liabilities Other liabilities Debt securties Debt securties • The FY23 funding plan 2.9% 2.8% 2.6% 2.6% incorporates: *Other borrowings *Other borrowings 9.1% 8.6% — Issuance(s) to extend duration Customer Equity Equity Cust
Slide 13: Capitalization
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. CAPITALIZATION Evolution of Capital Ratios 17.0% 17.8% 19.8% 20.2% 19.9% 19.4% 18.6% 19.0% 18.8% 18.2% 16.6% 15.8% 13.0% 13.5% 13.3% 12.9% 11.5% 10.7% 2018 2019 2020 2021 2022 Mar-23 Tier 1 ratio CET 1 ratio % Total CAR Minimum regulatory ratios for 2
Slide 14: Net Interest Margin
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. NET INTEREST MARGIN 2.59% 2.39% 2.24% 2.25% 2.10% 1.98% 2018 2019 2020 2021 2022 Mar-23 Comments • In FY2022 investor call, the original guidance for NIM for FY2023 was stated to be c.2.25%, if rates continue to rise this will cause the bank to revise
Slide 15: Diversified Loans and Deposits
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. DIVERSIFIED LOANS AND DEPOSITS By Sector Loans Deposits Comments Loans Industry, 0.5% • A significant contributor to the Non-banking FI‘s, 1.1% Others, 1.5% Non-banking total income of Doha Bank FI‘s, 2.2% GRE‘s, 3.7% • Growth to come from GREs/ Indiv
Slide 16: Wholesale Banking
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. WHOLESALE BANKING Loans (QR Bn) 20.6 Overview of the corporate banking loan book 20.4 March 2023 Real Estate 19.4 19.1 CAGR (2018 – Mar-2023): 18.5 Industry, 0.6% 18.3 +2.6% Others, 1.8% 2018 2019 2020 2021 2022 Mar-23 Non-banking FI‘s, 1.4% Contracti
Slide 17: Doha Bank Is Being Selective in Real Estate & Contract Finance
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. DOHA BANK IS BEING SELECTIVE IN TERMS OF REAL ESTATE & CONTRACT FINANCE Real Estate Contract Finance Qatar market real estate loans (QR Bn) Qatar market contract financing loans (QR Bn) CAGR (2018 – Mar-2023) : +5.5% CAGR (2018 – Mar-2023) : +3.4% 190
Slide 18: Credit Quality
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. CREDIT QUALITY NPL evolution Total Reserves(1) for loans and advances 5.98% 6.43% 6.58% 5.84% 5.81% 5.83% 138% 124% 81% 87% 94% 77% 2018 2019 2020 2021 2022 Mar-23 2018 2019 2020 2021 2022 Mar-23 Cost of risk(1) March-2023(2) 2.22% 2.09% Stage 1 Stage
Slide 19: Investment Book
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. INVESTMENT BOOK Portfolio Overview Investment Portfolio – evolution (QR Mn) 26,561 • Investments limits are linked to Tier 1 capital and set at 25% (excluding 24,667 25,083 24,964 25,034 SOQs) as per QCB; total utilized currently sits at 18.59% • Cons
Slide 20: Doha Bank Is Committed to ESG Sustainable Practices
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. DOHA BANK IS COMMITTED TO ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) SUSTAINABLE PRACTICES • Doha Bank began the publication of its annual sustainability disclosure statements from the year 2009. • Doha Bank sustainability reporting is guided by the Q
Slide 21: Investor Presentation Q1 2023 Doha Bank Q.P.S.C.
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. 21
Slide 22: Disclaimer
Investor Presentation Q1 2023 Doha Bank Q.P.S.C. DISCLAIMER 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 co
Slide 23: Investors Contact
Doha Bank Q.P.S.C. INVESTORS CONTACT Hesham Kalla Head of Investor Relations Tel: +974 40155341 Mob: +974 55498634 Email: hkalla@dohabank.com.qa ir@dohabank.com.qa www.dohabank.com