Commercial Bank Investment and Financial Health Review
Cost to Income Ratio Improves as Cost Efficiency Measures Take Effect
Operating Expenses
Cost to income ratio lower at 23.5% (Normalized 26.5%) in
H1 2020 v 29.9% in H1 2019 driven by a reduction in staff
cost.
Staff costs reduced by 26.4% to QAR 247.3m in H1 2020
vs H1 2019 mainly on account of the IFRS 2 impact of
the performance rights scheme due to the movement in
CB share price
Continued focus on digital processes and tight expense
management
◆In Qatar, C/I Ratio reduced from 26.6% in H1 2019 to 19.2%
(Normalized 22.8%) in H1 2020.
Cost to Income Ratio Consolidated
45.7%
ཀ
I
37.5%
33.4%
29.9%
28.3%
26.5%
2016
2017
2018
2019
I H1 2019 H1 2020*
Cost to Income Ratio Domestic
40.2%
'
I
33.0%
28.5%
26.6%
25.3%
22.8%
2016
2017
2018
2019
IH1 2019 H1 2020*
*H1 2020 represents Normalized C/I ratio
23
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