Pt Bank Qnb Indonesia Tbk · IDX:BKSW
Pt Bank Qnb Indonesia Tbk — QNB Group — Investor Presentation (June 2017)
33 slides from Pt Bank Qnb Indonesia Tbk's investor presentation, June 2017
Slide 1: Investor Relations Presentation
Investor Relations Presentation June 2017
Slide 2: Contents
Contents 1. QNB at a Glance 2. QNB Comparative Positioning – Qatar and MEA 3. Financial Highlights – as at 30 June 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, numb
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 211.0 190.0 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: (67 Branches) Togo: (1,265 Branches1, 20.1% stake in KSA: (1 Branch) Ecobank) UAE: (26 (+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 – June 2017
Top 5 Domestic Banks – June 2017 QNB continues to excel in the domestic market Assets Loans 211.0 151.7 40.4 36.6 30.1 23.0 25.6 25.2 18.7 16.3 Deposits Net Profit 154.4 1.84 26.6 0.33 0.27 20.4 16.8 15.4 0.19 0.14 Note: All amounts are in USD billions 7 Source: Companies’ June 2017 Press Release or
Slide 8: Top MEA Banks – June 2017
Top 5 MEA Banks – June 2017 QNB improved its position as the leading bank in the region Assets Loans 211.0 151.7 170.0 142.4 124.2 119.9 87.5 82.8 77.6 68.5 1 2 2 1 Deposits Net Profit 154.4 1.83 1.49 1.37 102.7 1.17 87.1 83.9 1.06 76.1 1 2 1 Note: All amounts are in USD billions Source: Companies’
Slide 9: QNB is the 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 June 2017
Financial Highlights – as at 30 June 2017
Slide 11: QNB continues to demonstrate sustainable profitable growth
QNB continues to demonstrate sustainable profitable growth Financial Highlights (as at 30 June 2017) Growth vs. June 2016 • Net interest margin (NIM)2: 2.69% NIM (excl. impact of av. FX rates resetting)3: 2.84% Profit1 • USD1.8 billion +7% • Cost to income ratio: 29.3% • USD211.0 billion assets +11%
Slide 12: QNB ALAHLI
QNB ALAHLI Highlights (as at 30 June 2017) Growth vs. June 2016 • Net interest margin (NIM)2: 4.92% • USD131.7 million -31% Profit1 (EGP2.4 billion) (+45%) • Cost to income ratio: 27.9% • USD11.2 billion assets -32% (EGP203.1 billion) (+38%) • NPL (% of gross loans): 2.7% Assets • USD5.7 billion loa
Slide 13: QNB FINANSBANK
QNB FINANSBANK Highlights (as at 30 June 2017) Growth vs. June 2016 • Net interest margin (NIM)2: 5.00% • USD231.6 million +53% Profit1 (TRY841.9 million) (+90%) • Cost to income ratio: 47.6% • USD34.7 billion assets +4% (TRY122.0 billion) (+27%) • NPL (% of gross loans): 5.4% Assets • USD22.4 billi
Slide 14: Increasing geographical diversification positively contributes to growth
Increasing geographical diversification positively contributes to growth Geographical Contribution (as at 30 June) Domestic International % Share of International as percentage of the total Net Profit1 Loans Deposits USD billion USD billion USD billion 1.83 151.7 154.4 1.72 136.4 134.2 1.53 103.7 83
Slide 15: Consistently High Profitability
Consistently High Profitability Income Statement Breakdown (USD billion as at 30 June) Net Profit1 Operating Income2 Net Interest Income NIM Compression % Cost to Income Ratio % Net Interest Margin3 % 5 bps 5 yrs: 14% 5 yrs: 14% 5 yrs: 10% 2.89 2.84 1.83 3.17 2.44 2.36 2.69 1.72 3.02 1.53 1.39 1.75
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 June) Total Assets Evolution 2017 Split of Assets (%) USD billion By Type By Currency 211.0 Cash and QAR 37.4 5 yrs: 18% Balances with 6.7 190.0 Central Banks USD 31.3 Due from 5.9 Banks 140.2 TRY 7.6 127.
Slide 17: Good loan growth
Good loan growth Loans Analysis (as at 30 June) Total Loans Evolution 2017 Split of Loans (%) USD billion By Geography By Sector 151.7 Qatar 65.9 Govt. & Govt. Agencies 44.3 5 yrs: 19% 136.4 Turkey 15.1 Services/ 23.7 Commerce Egypt 3.9 97.8 89.6 Industry 7.3 81.4 Europe 4.7 Impacted 1.8 Real Estate
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 2,800 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 June 2017) Available-for-Sale Investment Securities Held to Maturity Financial Investments Quoted Fixed rate Unquoted Floating rate State of Qatar 5,509 State of Qatar 3,381 Sove
Slide 20: Robust growth in customer deposits and funding
Robust growth in customer deposits and funding Funding Analysis (as at 30 June) Total Customer Deposits Evolution 2017 Split of Deposits (%) USD billion By Sector By Type By Geography Qatar 53.8 5 yrs: 18% 154.4 Govt. & Time Govt. Agencies 28.4 79.9 Impacted Deposits 3.8 134.2 GCC Other GCC 2.8 103.
Slide 21: Solid liquidity profile
Solid liquidity profile Liquidity Analysis (as at 30 June) Loans to Deposits Ratio Evolution 2017 Sources of Liquidity % % of total liabilities 101.7% 98.3% 91.2% 95.1% 94.4% Due to Banks 7.7 Customer Deposits 81.0 Debt 3.7 Securities 2013 2014 2015 2016 2017 Other 3.3 Borrowings Liquid Assets1 Evol
Slide 22: Sources of Institutional Funding
Sources of Institutional Funding EMTN and Certificate of Deposits EMTN1 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 USD17.5 billion and outstanding Values is USD11.4 billion Establi
Slide 23: 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 % 20.3 18.4 16.0 16.0 15.6 14.8 (QCB) 2015 2016 Jun-17 2016 Jun-17 9.2 10.7 10.4 • Cap
Slide 24: Diversifying business mix will bolster sustainable growth
Diversifying business mix will bolster sustainable growth Business Mix Contribution (% share as at 30 June 2017) Lines of Business Net Profit1 Op. Income Loans Deposits 93 78 89 76 • 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 30 June 2017) QNB QNB incl. QNB ALAHLI QNB incl. QNB Finansbank % Contribution of QNB AA % Contribution of QNB Finansbank Financials Ratios Presence USD billion 1.83 211 20.5% 110% 27,915 103% 1.52 182 16.8% 92% 172 1.40 15.6% 152 154 137 124 130 128 15,988 10,13
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 (2015) k barrels of oil equivalent (boe) Qatar 76.9 Kuwait 27.6 UAE 14.4 Venezuela 11.1 Saudi Arabia 10.4 Libya 9.2 Canada 5.2 Iran 4.8 Iraq 4.8 Russia 2.2 Kazakhstan 2.0 • Qatar is endowed with major oil
Slide 28: Large infrastructure investment projects have driven diversification and non-hydrocarbon growth
Large infrastructure investment projects have driven diversification and strong 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 10.4 9.8 Investment 9.9 Diversification 8.2 Spen
Slide 29: Oil prices have rebounded from multi-year lows as excess supply has diminished
Oil prices have rebounded from multi-year lows as excess supply in oil markets has diminished • Text Brent Crude Oil Price USD per barrel (/b) 120 115.1 110 • At the start of 2016, Brent crude prices fell close to a 13-year low, reaching USD27.9/b 100 • Since then, oil prices have recovered, mainly
Slide 30: We expect Brent oil prices to be range-bound at USD55-60/b
We expect Brent oil prices to be range-bound at USD55-60/b over the medium term Brent Crude Oil Price USD per barrel (/b) 70 • OPEC cuts have expedited the clearing of oil markets 60 • In isolation, these production cuts and the 58.0 undersupply of oil markets in 2017 should help 55.0 raise prices t
Slide 31: Low breakeven oil prices place Qatar in a strong position
Low breakeven oil prices, accumulated savings and moderate public debt place Qatar in a strong position to withstand low oil prices Accumulated Current Account Fiscal Breakeven Oil Prices Public Debt (% GDP) Surpluses (bn USD, 2005-16) Fiscal Breakeven Oil Price Oil Price 0 100 200 300 400 0 20 40 6
Slide 32: Large investment spending focused on construction and transport
Large investment spending focused on construction and transport will be a key driver of the economy going forward Investment Spending by Sector (2015-18) Major Projects % shares shown Budget Project End (bn USD) Construction 45.5% Lusail Mixed-Use 45.0 2019 truction Cons- Development Transport 29.4%
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