Ahli Bank Financial Overview
Overview
Overview
Founded in 1983 and listed on the Qatar Stock Exchange,
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Market cap of QAR 9.46 bln (as of 30 Sep 2023)
Has a network of 11 branches and 90 ATMs throughout Qatar
Best regulated banking sector in the Middle East through the QCB, according
to the World Bank
Offers its wholesale and retail banking services with a focus on the Qatari market:
Qatar has been a steady and growing economy over the past decade
The bank is operating under IFRS 9 and Basel III frameworks
Long term IDR of "A-" by Fitch and A2/Prime I by Moody's deposit rating
Efficiently run bank with a cost income ratio at 24%
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Shareholding Structure
52.29%
O
47.71%
■QIA and its wholly
owned subsidiaries
■ Others
52.29% of shareholders are Qatari firms and individuals
QIA and its wholly owned subsidiaries directly own the remaining 47.71% of the
shares
No other shareholder owns more than 5% of the bank's shares
"ABQ's A2 deposit rating reflects our assessment of a very high likelihood of
government support in case of need. Ahli Bank's BCA rating reflects the bank's (1)
solid capital and healthy liquidity (2) strong profitability and (3) contained level of
reported problem loans and improved provisioning coverage," Moody's, June, 2023
Effective risk management and high quality loan book as proven by low non-
performing assets
NPL ratio stood at 2.55% and conservatively provisioned (coverage of 230%
including ECL provisions as of Sept 2023)
Good capital position with Basel III Capital Adequacy Ratio (CAR) of 20.6% as of
Sept 2023.
ABQ has access to a number of funding sources, with the diversification of
funding and proportion of medium and long-term debt in the funding portfolio
increasing in recent years - stable medium / long term debt accounts for 12.7%
as of Sept 2023
Key Indicators
2021
2022
US$ mln
Sep 2022
Sep 2023
US$ mln QAR mln US$ mln
QAR US$ QAR
QAR
mln mln mln
mln
48,093 13,212 48,575 13,345 48,710 13.382
Total Assets
Total Net Loans 33,570 9,223 34,032 9,349
Total Customer
Deposits
59,559 16,362
9,359 34,600 9,505
34,068
27,925 7,672 28,954 7,954 27,485 7,551 29,390 8,074
Total Equity
7,685 2,111 7,975 2,191
7,786 2,139 8,036 2,208
CAR (Basel III)
20.6%
20.5%
20.3%
20.6%
C/I Ratio
25.0%
22.4%
23.3%
24.0%
ROAE
11.3%
11.7%
11.6%
12.1%
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