Commercial Bank Investment and Financial Health Review
Earnings Performance - Half year ended 30 June 2020
Profitability
Net interest income up by 29.0% to QAR 1,570.8m in H1 2020
v H1 2019
NIM increased to 2.4% in H1 2020 v 2.0% in H1 2019
◆Increase in margins is a result of proactive management
of the cost of funding both in Qatar and Turkey
Net interest margin
2.5%
2.4%
2.2%
2.2%
2.1%
2.0%
Non-interest income reduced to QAR 426.4m compared to
QAR 628.8m in H1 2019
◆ The overall decrease in non-interest income was mainly
due to an adverse unrealized mark to market movement
in investment and trading income as a result of the
unprecedented volatility in the global markets
2016
2017
2018
2019
I H1 2019
H1 2020
Net interest income as a % of average interest earning assets, including (i) Loans and advances to
customers (ii) bonds and (iii) loans to other credit institutions
Operating Profit
3,119
2,204
2,335
1,942
1,527
1,295
2016
2017
2018
2019
I H1 2019
H1 2020
22
3
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