february 2018 - doha bank qatar
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February 2018
DOHA BANK - AT A GLANCESustainable Performance
Rating Agency ForeignCurrencyLT
ForeignCurrencyST
LocalCurrencyLT
LocalCurrencyST
Financial Strength/ Viability /Baseline
Support Outlook
Capital Intelligence A+ A2 - - A 2 Stable
Moody’s A2 P-1 A2 P-1 baa3 - Negative
Standard & Poor’s A- A2 A- A2 - - Negative
Fitch A F1 A F1 bbb- 1 Negative
BEST LOCAL BANK IN QATAR
EMEA Finance
BEST REGIONAL COMMERCIAL
BANK
The Banker Middle East
MOSTINNOVATIVE
BANK IN MIDDLE EAST
EMEA Finance
BESTCOMMERCIAL
BANK IN QATAR
International Finance Magazine
BEST REGIONAL ENTERPRISE
FOR EXCELLENCE IN QUALITY
Europe Business Assembly
BEST MOBILE BANKING
APPLICATION
The Banker Middle East
BEST SAVINGS ACCOUNT(AL DANA)
The Banker Middle East
QATAR DOMESTIC TRADE
FINANCE BANK OF THE YEAR
Asian Banking & Finance
ENVIRONMENTAL AWARD
The ArabOrganization For
Social Responsibility
THE GOLDEN PEACOCK
GLOBAL AWARD FOR EXCELLENCE IN CORPORATE GOVERNANCE
Institute OfDirectors
THE GOLDEN PEACOCK GLOBAL
AWARD FOR SUSTAINABILITY
Institute OfDirectors
20172006, 2007, 2009,2010, 2013, 2014,2015, 2016, 2017
20172013, 2014,
20162017 2016 2016 2017 2014, 2015 2015, 2016
2010, 2011,2013, 2014
2017
DOHA BANK - GLOBAL REACH
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DOHA BANK - GLOBAL REACH
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1 Qatar2 Dubai - UAE3 Abu Dhabi - UAE4 Kuwait City - Kuwait5 Mumbai - India6 Kochi - India7 Chennai - India8 London - UK9 Frankfurt - Germany10 Istanbul - Turkey11 Singapore12 Shanghai - China13 Seoul - S. Korea14 Tokyo - Japan15 Hong Kong - China16 Sydney - Australia17 Toronto - Canada18 Sharjah - UAE19 Johannesburg - South Africa20 Dhaka - Bangladesh
DOHA BANK - AT A GLANCE
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DOHA BANK - AT A GLANCE
• Founded in Doha, Qatar on March 15, 1979• Systemic importance in Qatar• Client base of more than 460,000 customers including customers under Wages Protection
System (WPS)• 27 Domestic branches, 12 e-branches including Pay Offices, 1 active mobile unit and over 110 ATMs• 6 International Branches and 13 Representative offices
KEY INFORMATIONKEY INFORMATION
FINANCIAL HIGHLIGHTS DECEMBER 2017
• Total assets: USD 25.68 billion• Loan portfolio: USD 16.42 billion• Customer deposits: USD 16.33 billion
DOHA BANK - AT A GLANCE
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• Listed on the Qatar Exchange• 30% Cash Dividend proposed for the year 2017 subject to Shareholders and other approvals• Doha Bank completed 20% rights issue, raising capital of QR 1.29 billion in 2017
LISTING, DIVIDEND CONSIDERATIONS AND CAPITAL PLANNING
BUSINESS FOOTPRINT
• Full branch operations in Qatar, UAE (Dubai & Abu Dhabi), India (Mumbai, Chennai & Kochi) and Kuwait
• Representative offices in China (Shanghai & Hong Kong), Canada, Turkey, Singapore, Germany, Japan, The United Kingdom, South Korea, South Africa, UAE (Sharjah), Bangladesh and Australia
• Doha Bank is in the final stages of beginning its operations in its new Chennai Branch in India• Brokerage and financial services associate in India• Doha Bank Assurance Company, a 100% owned insurance company in Qatar
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THE BOARD - OF DIRECTORS
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Sheikh Fahad BinMohammadBin Jabor Al ThaniChairman of the Boardof Directors
Mr. Ahmed AbdullahAhmed Al KhalMember of Board of Directors
Mr. Ahmed AbdulRahman YousufObaidan FakhrooVice Chairman
Mr. HamadMohammed Hamad Abdulla Al ManaMember of Board of Directors
Sheikh Abdul RahmanBin Mohammad BinJabor Al ThaniManaging Director
Mr. Ali Ibrahim Abdullah Al-MalkiIndependent Member
Sheikh AbdullaBin MohammadBin Jabor Al ThaniMember of Board of Directors
Mr. Nasser Khalid Nasser Abdullah Al-MesnadIndependent Member
Sheikh Falah Bin Jassim Bin Jabor Bin Mohammad Al ThaniMember of Board of Directors• Representative of Jassim & Falah Trading & Contracting Co.
DOHA BANK - AT A GLANCE
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DOHA BANK - EXECUTIVE MANAGEMENT
Sheikh Mohamed Fahad J Al-ThaniActing Chief Human Resources Officer
Dr. R. SeetharamanChief Executive Officer
Khalid AlnaamaHead of Public Sector
David ChallinorChief Financial Officer
Abdullah AsadiHead of Shareholders Affairs
Hassan Ali KamalCorporate Branch Manager
Krishnan C.K.Chief WholesaleBanking Officer
Maher AhmedAli AhmedMain Branch Manager
Khalid LatifChief Risk Officer
Peter RobertsHead of Technology & Operations
DOHA BANK - GLOBAL REACH
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DOHA BANK - EXECUTIVE MANAGEMENT
Ahmed Ali AlhanzabHead of Administration
Khalifa Al KaabiHead of Recovery
Frank HamerChief International Banking Officer
Braik Ali HS Al-MarriActing Chief Retail Banking Officer
Damon McMenaminHead of Global Governance
Mokhtar AbdelMonem ElhenawyLegal Advisor & Secretaryto the Board of Directors
Dr. Mohammad Omar Abdelaziz DaoudChief Internal Auditor
Jamal Eddin H.Al SholyChief Compliance Officer
ABOUT DOHA BANK - GOVERNANCE
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Board Level Committees
Executive Committee
Nominations, Governance, Policies &Remunerations Committee
Audit, Compliance & Risk Committee
ABOUT DOHA BANK - GOVERNANCE
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Management Level Committees
ManagementExecutiveCommittee (EXCO)
Risk ManagementCommittee
InvestmentCommittee
Human Resources Committee
Tender Committee
Assets andLiability Committee (ALCO)
Credit Committee
Technology andOperationsCommittee
CONTINUED RAPID GROWTH DYNAMICS
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TOTAL ASSETS (Y-O-Y) IN USD MILLIONS
22,872
Dec - 2015 Dec - 2016 Dec - 2017
24,815
25,675
CONTINUED RAPID GROWTH DYNAMICS
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NET LOANS & ADVANCES (Y-O-Y) IN USD MILLIONS
15,267
Dec -2015 Dec -2016 Dec -2017
16,25316,423
CONTINUED RAPID GROWTH DYNAMICS
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TOTAL DEPOSITS (Y-O-Y) IN USD MILLIONS
14,490
Dec -2015 Dec - 2016 Dec - 2017
15,30416,331
CONTINUED RAPID GROWTH DYNAMICS
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NET PROFIT (Y-O-Y) IN USD MILLIONS
372
Dec -2015 Dec - 2016 Dec - 2017
289305
CONTINUED RAPID GROWTH DYNAMICS
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TOTAL EQUITY (Y-O-Y) IN USD MILLIONS
3,621
Dec - 2015 Dec - 2016 Dec - 2017
3,674
4,066
DOHA BANK - CLOSING REMARKS ON THE INVESTMENT STORY
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• Operating in a resource and infrastructure growth driven economy• Qatar is one of the richest countries in the world in terms of GDP per capita, with investor-friendly
regulations and an oil/gas - income diversification policy• Capitalize on investment opportunities arising from Qatar’s successful bid to host the 2022 FIFA World Cup• Leverage on presence in one of the largest and fastest growing economies in the world - India
• Leading presence in Qatar market• Strong Brand Equity• Successful expansion of the SME, Corporate banking and growth agenda
• Advanced retail banking product offering• National branch network of 27 domestic branches supported by pioneering alternative distribution channels
and products such as mobile and internet banking, multiple currency ATM and e-branches• Award-winning, state of the art mobile banking and customer care centre
• Strong capital and liquidity• Consistent and sustainable profitability every year• High specific provision coverage
OPERATING IN ONE OF THE FASTEST GROWING AND RICHEST REGIONS IN THE WORLD
ENTRENCHED DOMESTIC BANKING POSITION
LEADING RETAIL BANKING FRANCHISE
STRONG FINANCIAL PERFORMANCE
DOHA BANK - FINANCIAL STATEMENT
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Dec - 17Dec - 16Dec - 15Particulars (in USD millions)
Cash and balances 978 1,170 1,832
Due from banks 2,852 2,885 2,148
Loans and advances 15,267 16,253 16,423
Investments 3,352 4,041 4,812
PPE and other assets 423 466 460
Total assets 22,872 24,815 25,675
Deposits 14,490 15,304 16,331
Borrowing 1,659 1,871 1,673
Due to Banks 2,410 3,371 3,022
Other liabilities 692 595 583
Total Equity 3,621 3,674 4,066
Total liabilities and equity 22,872 24,815 25,675
As at the end of
DOHA BANK - INCOME STATEMENT & KEY RATIOS
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Dec - 17Dec - 16Dec - 15Particulars (in USD millions)
Interest income 780 870 997
Interest expense (218) (304) (378)
Net interest income 562 566 619
Net fees & commission 136 126 128
Other operating income 73 61 62
Net operating income 771 753 809
Operating expenses and taxes (399) (464) (504)
Net profit after tax 372 289 305
Return on Shareholders’ Equity 15.9% 12.1% 11.9%
Return on Average Asset 1.70% 1.21% 1.21%
For the year ended
DOHA BANK - AT A GLANCE
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CONTACT INFORMATION
For further information please contact:
Dr. R. SeetharamanChief Executive Officer
Doha Bank TowerHead OfficeCorniche Street, West Bay, Doha, QatarP.O. Box 3818Tel: +974 40155577Fax: +974 44325345Email: [email protected]