Commercial Bank Investment and Financial Highlights
Cost to Income Ratio improves as cost efficiency measures take effect
Operating Expenses
Cost to income ratio lower at 28.9% YTD 2019 v 33.5% for the same
period in 2018 driven by a reduction in staff costs and G&A expenses.
Staff costs reduced by 2.2% to QAR 503m YTD 2019 v 2018.
G&A expenses decreased led by tighter control across all general
and administrative spend.
Continued focus on digital processes and tight expense management.
In Qatar C/I Ratio reduced from 28.8% YTD 2018 to 25.7% in 2019.
Alternatifbank C/I Ratio reduced from 50.6% YTD 2018 to 37.1% YTD
Cost to Income Ratio Consolidated
45.7%
42.8%
37.5%
33.4%
33.5%
28.9%
2019.
2015
2016
2017
2018
9m 2018
9m 2019
Cost to Income Ratio Domestic
40.2%
38.0%
2015
2016
33.0%
29.8%
28.8%
25.7%
2017
2018
9m 2018 9m 2019
* Outsource service provider cost for 2017 was QAR 44m, which has now been brought in-house to subsidiary
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