Pt Bank Qnb Indonesia Tbk · IDX:BKSW
Pt Bank Qnb Indonesia Tbk — QNB — Investor Presentation (September 2018)
33 slides from Pt Bank Qnb Indonesia Tbk's investor presentation, September 2018
Slide 1: Investor Relations Presentation
Investor Relations Presentation September 2018
Slide 2: Contents
Contents 1. QNB at a Glance 2. QNB Comparative Positioning – Qatar and MEA 3. Financial Highlights – as at 30 September 2018 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 is a strong and highly rated bank with a growing international footprint
QNB is a strong and highly rated bank with a growing international footprint #1 bank in the Middle East and Africa across all financial metrics International network with presence in more than 31 countries Most valuable banking brand in the Middle East and Africa, worth USD 4.2 Bn1 Over 29,000 emplo
Slide 5: QNB's International Footprint
QNB's International Footprint Sub-Saharan Africa Middle East South Sudan: (1 Branch) Qatar: (64 Branches) Togo: (927 Branches1, 20.1% stake in KSA: (1 Branch) Ecobank) UAE: (14 (+12) Branches, 40.0% stake Asia in CBI) Indonesia: (41 Branches, 90.96% stake Syria: (15 (+302) Branches, 50.8% stake In Q
Slide 6: QNB Comparative Positioning – Qatar and MEA
QNB Comparative Positioning – Qatar and MEA
Slide 7: Top Domestic Banks – September 2018
Top 5 Domestic Banks – September 2018 QNB continues to excel in the domestic market Assets Loans 234.3 166.0 41.9 38.1 29.2 27.4 24.8 23.3 20.4 16.3 Deposits Net Profit 168.8 2.97 28.3 0.55 0.44 20.6 17.7 14.3 0.36 0.19 Note: All amounts are in USD billions 7 Source: Banks’ September 2018 Press Rele
Slide 8: Top MEA Banks – September 2018
Top 5 MEA Banks – September 2018 QNB maintained its position as the leading bank in the region across all categories Assets Loans 234.3 166.0 199.3 148.9 134.1 96.3 88.4 122.4 71.5 69.5 Deposits Net Profit 168.8 2.97 2.47 123.9 2.14 2.08 2.01 92.9 86.8 85.5 Note: All amounts are in USD billions Sour
Slide 9: 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-17) Top MEA banking brands Top MEA banks by market capitalisation 4.23 32.0 3.53 30.3 3.11 29.4 2.60 28.6 2.29 20.6 Source: Bran
Slide 10: Financial Highlights – as at September 2018
Financial Highlights – as at 30 September 2018
Slide 11: QNB demonstrate sustainable profit growth
QNB demonstrate sustainable profit growth Financial Highlights (as at 30 September 2018) Growth vs. September 2017 • Net interest margin (NIM)2: 2.61% Profit1 • USD2.97 billion +6% • Cost to income ratio: 26.2% • Earnings per share: USD 3.1 • USD234.3 billion assets +8% • NPL (% of gross loans): 1.8
Slide 12: QNB ALAHLI
QNB ALAHLI Highlights (as at 30 September 2018) Growth vs. September 2017 • USD241.9 million +18% • Net interest margin (NIM)2: 4.88% Profit1 (EGP4.3 billion) (+17%) • Cost to income ratio: 28.1% • USD13.9 billion assets +19% (EGP249.5 billion) (+21%) • NPL (% of gross loans): 3.0% Assets • USD7.2 b
Slide 13: QNB FINANSBANK
QNB FINANSBANK Highlights (as at 30 September 2018) Growth vs. September 2017 • Net interest margin (NIM)2: 4.79% • USD407.8 million +13% Profit1 (TRY1.9 billion) (+45%) • Cost to income ratio: 40.2% • USD32.2 billion assets -9% (TRY193.1 billion) (+53%) • NPL (% of gross loans): 4.6% Assets • USD18
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 2.97 166.0 168.8 2.82 159.0 157.8 2.65 139
Slide 15: Consistent Robust Profitability
Consistent Robust Profitability Income Statement Breakdown (USD billion as at 30 September) Net Profit1 Operating Income2 Net Interest Income % Cost to Income Ratio % Net Interest Margin3 5 yrs: 9% 5 yrs: 11% 5 yrs: 11% 2.97 5.02 2.82 4.82 4.66 2.65 3.74 3.88 3.63 2.40 2.20 3.21 3.40 2.50 2.62 2014
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 2018 Split of Assets (%) USD billion By Type By Currency 234.3 Cash and 5 yrs: 14% QAR 42.0 217.6 Balances with 7.4 195.9 Central Banks USD 31.7 Due from 6.8 Banks TRY 5.2
Slide 17: Good loan growth
Good loan growth Loans Analysis (as at 30 September) Total Loans Evolution 2018 Split of Loans (%) USD billion By Geography By Sector1 166.0 Qatar 71.4 Govt. & Govt. 5 yrs: 15% 159.0 Agencies 45.4 139.3 Turkey 11.3 Services/ 25.9 Commerce Egypt 4.4 100.7 Industry 6.4 90.3 Europe 4.5 Real Estate & 11
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 31 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 2,600 2,871 2,976 economic situation 1,229
Slide 19: High quality investment portfolio with 89% of securities rated AA or Sovereign
High quality investment portfolio with 89% of securities rated AA or Sovereign Investments Analysis (USD million as at 30 September 2018) Fair Value Through Other Comprehensive Income Amortised Cost Quoted Fixed rate Unquoted Floating rate State of Qatar 5,667 State of Qatar 2,942 Sovereign Debt 0 S
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 2018 Split of Deposits (%) USD billion By Sector By Type By Geography 5 yrs: 13% Qatar 56.3 168.8 Govt. & Time Govt. Agencies 32.4 80.5 157.8 Deposits GCC 2.7 137.5 Europe 18.0 Savi
Slide 21: Solid liquidity profile
Solid liquidity profile Liquidity Analysis (as at 30 September) Loans to Deposits Ratio Evolution 2018 Sources of Liquidity % % of total liabilities 96.2 101.3 100.8 98.3 93.9 Due to Banks 9.4 Customer Deposits 79.2 Debt 3.7 Securities 2014 2015 2016 2017 2018 Other 3.3 Borrowings Liquid Assets1 Evo
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 unless stated) Total Equity1 Evolution Basel III Capital Adequacy Ratio USD billion x Gearing2 % 20.2 21.0 18.4 16.5 15.6 15.4 (QCB) 2016 2017 Sep-18 2017 Sep-18 10.7 11.1 11.2 • Ca
Slide 23: Diversifying business mix will bolster sustainable growth
Diversifying business mix will bolster sustainable growth Business Mix Contribution (% share as at 30 September 2018) Lines of Business Net Profit1 Op. Income Loans Deposits 85 79 89 77 • Maintain dominant domestic Group market share Corporate • Grow international contribution • Nurture SME business
Slide 24: IFRS Implementation: Additional buffer for long term earnings stability
IFRS 9 Implementation: Additional buffer for long term earnings stability Financial Impacts • QNB implemented IFRS 9 with effect from 1 January 2018 based on the QCB guidelines. • Day1 transition impact amounted to USD696 million (net of tax) from IFRS 9 has been charged to the opening retained earn
Slide 25: QNB Group Financials
QNB Group Financials Key data (as at 30 September 2018) QNB QNB incl. QNB ALAHLI QNB incl. QNB Finansbank % Contribution of QNB AA % Contribution of QNB Finansbank Financials Ratios Presence USD billion 2.97 234 20.7% 106% 29,554 97% 206 2.44 194 17.1% 88% 2.22 15.6% 166 169 153 141 148 142 16,310 1
Slide 26: Economic Overview
Economic Overview
Slide 27: Qatar's hydrocarbon wealth makes it the world's richest country
Qatar’s hydrocarbon wealth makes it the world’s richest country Oil and gas reserves per capita (2017) GDP per capita (2017) k barrels of oil equivalent (boe) k USD PPP Qatar 62.8 Qatar 125 Kuwait 25.3 Luxembourg 106 UAE 13.1 Singapore 94 Venezuela 10.8 Brunei 78 Saudi Arabia 9.7 Ireland 76 Libya 8.
Slide 28: Qatar accumulated large reserves during its hydrocarbon expansion and is now using these reserves
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 30% Hydrocarbon Phase 25% Diversification Phase 20% 15% 10% Qatar’s National 5% V
Slide 29: Qatar's National Vision 2030 is supported by a large infrastructure investment programme
Qatar’s National Vision 2030 is supported by a large infrastructure investment programme Major Projects Pipeline as of September 2018 Budget Project End (bn USD) Lusail Mixed-Use 45.0 2022 Comments Development truction • New investment sectors are opening up to Cons- Education City 8.8 2019 support
Slide 30: Qatar's fundamentals resilient despite the blockade
Qatar’s fundamentals resilient despite the blockade Qatar (USD bn, 12-month sum) Financial Soundness Indicators (2015-2017, %) Exports Imports Capital Adequacy 2015 2016 2017 8 Tier 1 capital/risk-weighted assets 15.2 15.7 16.5 Regulatory capital/risk-weighted assets 15.6 16.1 16.8 7 Asset Quality 6
Slide 31: Qatar is one of the highest rated sovereigns in the world
Qatar is one of the highest rated sovereigns in the world, ranking above a number of advanced economies Moody’s Sovereign Ratings1 AAA US, Germany, Canada, Australia, N Zealand, Switz’nd, Norway, Sweden, Denmark, Neth’lands, Lux’bourg, Singapore Aa1 Austria, Finland Aa2 UK, France, South Korea, Hong
Slide 32: With sustainable and growing reserves Qatar can maintain the peg
With sustainable and growing reserves Qatar can maintain the peg, offset outflows, support banks and continue its investment spending Preserve the peg Offset potential outflows Easily cover Qatari Riyal deposits Public sector deposits up by 44% and currency in circulation of from May ‘17-May ‘18 23%
Slide 33: 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