Qatar Monthly Key Banking Indicators - March 2022

Transcription

1. Qatar Monthly Key Banking Indicators March 2022
2. Contents Table of Contents Commercial Banks Credit Facilities 3 Commercial Banks Deposits 4 Loans to Deposits Ratio 5 Net Interbank Position 6 Key Monthly Banking Sector Statistics 7 2
3. Commercial Banks Credit Facilities As at March 2022 Monthly Change in Loans 1 .6 1.8 1.6 Loans by Sector % Change 2021 2022 QR Billion (% Change Month-on-Month) 1,216 1,213 1.4 1,210 1,211 1,215.5 68.4 Outside (6%) 1,204 0.8 0.5 0.7 Qatar (-0.9%) MoM Private 776.0 Sector (64%) (0.4%) MoM 0.4 0.2 0.0 -0.2 -0.2 -0.2 -0.2 1,175 -0.7 Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec21 21 21 20 21 21 21 21 21 21 21 21 Jan- Feb- Mar22 22 22 Public 371.2 Sector (30%) (0.6%) MoM Mar-21 Jun-21 Sep-21 Dec-21 Jan-22 Feb-22 Mar-22 • Loans increased by 0.4% during March 2022 to reach QR1,215.5bn • Loans gain in March 2022 was due to an increase by 0.4% from the private sector and 0.6% from the public sector • Loans have so far declined by 0.1% in 2022, compared to a growth of 7.8% in 2021. Loans grew by an average 7.6% over the past five years (2017-2021) 3
4. Commercial Banks Deposits As at March 2022 Monthly Change in Deposits % Change 2021 3.6 Deposits by Sector 2022 QR Billion (% Change Month-on-Month) 975 974 2.1 964 2.0 1.1 1.3 961 0.4 0.2 -0.2 -0.5 0.3 -0.7 -1.0 -1.4 Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec21 21 21 20 21 21 21 21 21 21 21 21 Jan- Feb- Mar22 22 22 (27%) Private Sector 417.9 (-0.2%) (43%) MoM -0.2 -0.2 960 967.7 Outside Qatar (-2.9%) 258.5 MoM 945 Public Sector 291.3 (4.2%) (30%) MoM Mar-21 Jun-21 Sep-21 Dec-21 Jan-22 Feb-22 Mar-22 • Deposits increased by 0.3% during March 2022 to reach QR967.7bn • Deposits growth in March 2022 was mainly due to a 4.2% increase in public sector deposits • Deposits have so far gone down by 0.7% in 2022, compared to a growth of 7.6% in 2021. Deposits grew by an average 6.1% over the past five years (2017-2021) 4
5. Loans to Deposits Ratio As at March 2022 128 .1 (%) 127.6 127.3 126.4 125.9 125.6 125.5 125.4 125.6 125.1 124.9 124.6 124.3 124.1 Sep-20 Dec-20 Jan-21 Mar-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 • Loans to Deposits ratio edged up slightly during the month to 125.6% as at March 2022 • Loans went up by 0.4% in March 2022 to reach QR1,215.5bn, while Deposits increased by 0.3% in March 2022 to reach QR967.7bn 5
6. Net Interbank Position As at March 2022 Monthly Net Interbank Position Net Interbank Position Breakup (QR Billion) (QR Billion) Due from Banks Abroad 2021 2022 Due from Banks in Qatar Due to Banks Abroad -227 -227 -225 Due From Banks -234 -234 -238 -240 -243 -250 -248 -248 -249 Due To Banks -255 -261 Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec21 21 21 21 21 21 21 21 21 21 21 21 • • • • Net Interbank Due to Banks in Qatar -217 Jan- Feb- Mar22 22 22 89 54 86 63 111 98 110 102 103 122 60 60 63 49 62 59 -293 -313 -335 -335 -351 -346 -350 -372 -50 -201 -54 -218 -52 -217 -57 -234 -62 -240 -53 -248 -63 -248 -58 -249 Sep20 Dec- Mar20 21 Jun21 Dec21 Jan22 Feb- Mar22 22 The Net Interbank Position was at a negative QR249bn as at March 2022 Due from Banks totaled QR180.6bn as at March 2022 Due to Banks totaled QR429.5bn as at March 2022 Due to Banks Abroad reached a high of QR372.0bn in March 2022 6
7. Key Monthly Banking Sector Statistics As at March 2022 (In Q R mn) Dec-20 M ar -21 Jun-21 Sep -21 Nov-21 Dec-21 Jan-22 Feb -22 Total Assets 1,682,173 1,748,151 1,768,590 1,781,583 1,795,143 1,827,421 1,801,034 1,817,898 1,832,461 0.8% 0.3% Total Credit (Loans) 1,128,710 1,174,586 1,204,294 1,210,451 1,213,825 1,216,442 1,213,409 1,210,758 1,215,535 0.4% -0.1% 905,509 945,181 960,625 975,498 963,795 974,109 960,168 964,489 967,688 0.3% -0.7% 125% 124% 125% 124% 126% 125% 126% 126% 126% 1,053,285 1,099,651 1,133,738 1,140,389 1,143,324 1,146,473 1,144,183 1,141,738 1,147,156 0.5% 0.1% 75,425 74,934 70,556 70,062 70,501 69,969 69,227 69,020 68,379 -0.9% -2.3% Government 136,798 165,435 173,112 157,830 143,135 142,258 135,435 129,473 131,327 1.4% -7.7% Government Institutions 196,989 206,925 207,604 212,361 218,155 218,665 220,392 220,441 219,484 -0.4% 0.4% 19,085 19,182 17,767 17,933 18,841 18,730 18,970 19,155 20,356 6.3% 8.7% 352,872 391,542 398,483 388,123 380,131 379,652 374,796 369,069 371,167 0.6% -2.2% 1.8% Total Deposits Loan t o Dep os it Rat io M ar -22 C hang e M oM C hang e 2022 C r ed it Facilit ies (Geog r ap hic) Total Domestic Credit Total International Credit Domes t ic C r ed it Facilit ies - Pub lic Sect or Semi-Government Institutions Tot al Domes t ic Pub lic Sect or C r ed it Domes t ic C r ed it Facilit ies - Pr ivat e Sect or General Trade 146,861 146,855 155,672 158,165 163,315 163,218 164,606 165,105 166,130 0.6% Industry 16,869 17,163 21,293 19,502 19,434 19,736 19,885 20,041 19,997 -0.2% 1.3% Contractors 37,694 38,127 39,368 41,729 41,744 41,937 41,673 40,908 41,048 0.3% -2.1% Real Estate 152,691 157,032 158,721 161,476 160,964 161,006 159,711 161,468 161,240 -0.1% 0.1% Consumption & Others 158,169 162,695 166,324 159,528 161,613 163,140 164,150 164,300 166,368 1.3% 2.0% Services 188,128 186,236 193,877 211,866 216,123 217,784 219,361 220,847 221,208 0.2% 1.6% 700,413 708,109 735,255 752,265 763,193 766,821 769,386 772,669 775,990 0.4% 1.2% Resident Deposits 660,351 678,937 688,906 692,643 686,222 693,441 688,328 698,297 709,226 1.6% 2.3% Non-resident Deposits 245,158 266,244 271,719 282,855 277,574 280,669 271,840 266,192 258,462 -2.9% -7.9% Tot al Domes t ic Pr ivat e Sect or C r ed it Dep os it Det ails (Geog r ap hic) Dep os it s - Pub lic Sect or (Domes t ic) Government 74,255 82,558 87,010 90,587 82,691 100,382 93,909 84,825 94,997 12.0% -5.4% 156,018 163,374 170,505 165,088 160,647 151,649 149,535 158,765 158,649 -0.1% 4.6% 33,016 32,831 34,357 37,635 39,861 36,644 37,228 35,943 37,700 4.9% 2.9% 263,289 278,763 291,872 293,310 283,199 288,676 280,672 279,532 291,346 4.2% 0.9% Personal 216,119 222,777 220,980 221,481 219,456 219,268 222,728 226,019 226,746 0.3% 3.4% Companies & Institutions 180,942 177,398 176,054 177,852 183,566 185,497 184,928 192,746 191,134 -0.8% 3.0% 397,062 400,175 397,034 399,333 403,023 404,765 407,656 418,764 417,880 -0.2% 3.2% Government Institutions Semi Government Institutions Tot al Pub lic Sect or Dep os it Dep os it s - Pr ivat e Sect or (Domes t ic) Tot al Pr ivat e Sect or Dep os it Source: QCB 7
8. Contacts QNB Financial Services Co . W.L.L. Contact Center: (+974) 4476 6666 info@qnbfs.com.qa Doha, Qatar Saugata Sarkar, CFA, CAIA Head of Research saugata.sarkar@qnbfs.com.qa Shahan Keushgerian Senior Research Analyst shahan.keushgerian@qnbfs.com.qa Roy Thomas Senior Research Analyst roy.thomas@qnbfs.com.qa qnbfs.com Disclaimer and Copyright Notice: This publication has been prepared by QNB Financial Services Co. W.L.L. (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (Q.P.S.C.). QNBFS is regulated by the Qatar Financial Markets Authority and the Qatar Exchange. Qatar National Bank (Q.P.S.C.) is regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given time only. It is not an offer, promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal, tax, accounting, or financial advice. QNBFS accepts no liability whatsoever for any direct or indirect losses arising from use of this report. Any investment decision should depend on the individual circumstances of the investor and be based on specifically engaged investment advice. We therefore strongly advise potential investors to seek independent professional advice before making any investment decision. Although the information in this report has been obtained from sources that QNBFS believes to be reliable, we have not independently verified such information and it may not be accurate or complete. QNBFS does not make any representations or warranties as to the accuracy and completeness of the information it may contain, and declines any liability in that respect. For reports dealing with Technical Analysis, expressed opinions and/or recommendations may be different or contrary to the opinions/recommen- dations of QNBFS Fundamental Research as a result of depending solely on the historical technical data (price and volume). QNBFS reserves the right to amend the views and opinions expressed in this publication at any time. It may also express viewpoints or make investment decisions that differ significantly from, or even contradict, the views and opinions included in this report. This report may not be reproduced in whole or in part without permission from QNBFS. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS. 8