QIB's Corporate Profile

Transcription

1. QIB 's CORPORATE PROFILE www.qib.com.qa
2. Qatar Islamic Bank A Pioneer of Islamic Banking Qatar Islamic Bank (QIB) was the first Islamic bank to start operating in the country in 1982 and it is still the largest today: The Bank currently holds 42% share of the Islamic banking sector and approximately12% of the total domestic banking sector. As of end December 2017, the total Shareholders' Equity of the bank amounted to QAR 15.3 billion (4.2 billion US Dollars). The Total assets stands at QAR 150.4 Billion (41.3 billion US Dollars). QIB conducts its domestic business through a modern branch network spread throughout Qatar with key branches featuring distinctive centers with specialized relationship managers focused on servicing specific customer segments: Private Banking Centers, Affluent Banking Centers, Small & Medium Enterprises (SME) Centers as well as Ladies Banking Centers. In addition to it's branch network, the Bank has accelerated its investments in digital channels providing its services through multi-functional ATMs, mobile and internet banking applications for individuals and companies, and an award winning Call Center. QIB's growth strategy is built on it's position as a leading Islamic Bank with deeply rooted customer relationships and strong engagement with the local communities. The Bank's strategy is closely tied with Qatar's National Vision 2030 and the Government's commitment to investments in the country’s infrastructure, the diversification of the economy and the development of a strong private sector. QIB is a stable financial group covering all segments of the financial markets, including individuals, government institutions, large corporations and SMEs providing innovative Shari'a-compliant banking solutions. Driven by a genuine commitment to continuously increase value for it's customers, it's shareholders and the Qatari society, QIB will keep on focusing on being a customer-centric, efficient bank, meeting the expectations of all it's stakeholders. QIB Group has a stake in a number of Qatari Shari'a-compliant financial services companies. This includes QInvest, it's investment banking subsidiary, and its affiliates Beema (Takaful solutions provider) and Al Jazeera Finance (Consumer Finance company). The Group has established an international presence in key markets so as to be able to serve the cross border needs of its customers as well as to develop a focused presence in geographies with high interest in Islamic banking services. QIB UK is a wholly owned subsidiary, established in 2008, covering the financial needs of Qatari individuals and companies in the United Kingdom. Furthermore, the bank has presence in Lebanon through Arab Finance House, and one branch in Sudan. In April 2018, Fitch Ratings affirmed Qatar Islamic Bank at 'A', Standard & Poor’s (S&P) affirmed the bank’s credit rating at ‘A-’ and Capital Intelligence Ratings (CI) has affirmed the bank’s Financial Strength Rating (FSR) of ‘A’. In May 2017, Moody's Investors Service, ("Moody's") for the first time assigned Long term deposit ratings to QIB at “A1”. Awards 2018 In light of the Bank’s performance and continuous innovation, QIB is being recognized by reputable international financial publications and reports as one of the leading regional Banks. In 1Q 2018, QIB received the below awards: • Best Islamic Financial Institution in the Middle East 2018, By Global Finance. • Best Islamic Financial Institution in Qatar 2018, By Global Finance • Best Islamic Financial Institution for Large Corporate 2018, By Global Finance • Best Islamic Project Finance Provider 2018, By Global Finance • Best Real Estate Deal of the Year 2018, By Global Finance • Best Sukuk Deal of the Year 2018, By Global Finance • Best Islamic Bank in Qatar, By Islamic Finance News (IFN) • Best Deal of the Year in Qatar, By Islamic Finance News (IFN) • Structuring Deal of the Year, By Islamic Finance News (IFN)
3. Vision Overall Strategy To be a leading , innovative and global Islamic bank, adhering to the highest Shari’a and ethical principles, complying with international banking standards and participating in the development of the global economy, as well as socio-economic growth. QIB’s vision is to be a leading, innovative Islamic bank adhering to Shari’a and ethical principles, whilst meeting international banking standards. QIB intends to achieve this by: ● Consolidating it's domestic presence and optimising the value of it's existing international presence; ● Expanding wholesale banking and becoming the flagship Islamic bank for Qatari Inc. companies; ● Modernizing personal banking and become a leading technology driven bank; ● Reengineering operations and IT to become leaner and customer service driven; ● Upgrading human capital and become talent rich, becoming an employer of choice in Qatar; ● Expanding it's private banking and wealth management operations, strengthening it's network of corporate clients and increasing cross-selling between QIB and it's subsidiaries and associates; ● Originating new banking and investment products and solutions within an integrated systems framework; and ● Continuously improving internal management systems in order to achieve optimal productivity and focus on corporate governance. Mission ● To provide innovative Shari’a-compliant financial solutions and quality services to our customers. ● To maximize returns for our shareholders and partners. ● To nurture an internal environment of qualified professionals and cutting-edge technology. Values Integrity; Transparency; Justice; Cooperation and Teamwork; Loyalty and Commitment; Excellence. Key Strengths Strong Government support with the QA as it's largest shareholder First and largest Islamic Bank in Qatar Strong domestic growth Operates out of one of the fastest growing markets in the world Strong brand name & innovation product offering Ambitious transformation programme Solid capital position & asset quality Second largest Qatari bank International footprint through strategic partners
4. Financial Highlights 2013-2017 Total Income (Million QR) Assets (Million QR) 160,000 150,375 150,000 140,000 7,000 6,199 139,834 6,000 127,324 130,000 5,488 120,000 5,000 110,000 100,000 90,000 80,000 70,000 4,508 96,106 4,000 77,354 3,144 3,633 3,000 60,000 50,000 40,000 2,000 30,000 1,000 20,000 10,000 0 0 2013 2014 2015 2016 Deposits (Million QR) 95,397 101,815 100,000 91,521 90,000 60,000 50,000 1,500 2017 2,405 1,954 1,601 1,335 1,250 50,363 1,000 750 30,000 500 20,000 250 10,000 0 2013 2014 2015 2016 2017 Financing & Investments (Million QR) 140,000 130,000 120,000 110,000 100,000 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 2016 2,155 2,250 1,750 40,000 0 2015 2,500 2,000 66,605 70,000 2014 Net Profit (Million QR) 110,000 80,000 2013 2017 119,934 108,459 77,819 63,829 2014 2015 2014 2015 2016 2017 Shareholders Equity (Million QR) 135,628 2013 2013 2016 2017 16,000 15,000 14,000 13,000 12,000 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 12,478 13,376 14,238 15,289 11,860 2013 2014 2015 2016 2017
5. QIB Domestic Subsidiaries & Associates Established in 2007 and licensed by Qatar Financial Centre, QInvest is 50.13% owned by QIB. QInvest has three business divisions: Investment Banking, Principal Investments and Asset Management. It has unrivalled expertise in structuring Islamic products and provides clients with Sharia’a compliant solutions quickly and competitively, inside and outside Qatar. Damaan Islamic Insurance Company (Beema), incorporated in September 2009 as a fully Shari'acompliant private Closed Qatari Shareholding Insurance Company. The authorised and paid-up capital is QR 200 million. QIB’s stake consists of 25%. Established in 1989 and based in Qatar, Al Jazeera Finance, a consumer finance company, is 30% owned by QIB. Based in Qatar, Aqar was established in 2000. It operates in the field of real estate investment and development, and is 49% owned by QIB. Durat Al Doha Real Estate Investment and Development is engaged in real estate investment and development. QIB owns 40% of the company shares. QIB International QIB has established the following banks in various key markets around the world, that has furthermore helped extend QIB'S role as one of the leading Islamic banks. Established in 2008, covering the financial needs of Qatari HNWI & Companies in UK. (wholly owned subsidiary). Established in 2004, AFH was the first fully-fledged Islamic bank (commercial and investment) in Lebanon. The restructuring in 2012 refocused the bank on four strategic locations resulting in an efficient/sustainable business model. Opened in July 2013, being QIB’s first overseas fully owned branch. Provides Shari’a-compliant corporate finance and trade finance solutions to major corporates.