Commercial Bank Financial Performance Report Q1 2022
Asset Quality - 31 March 2022: Prudent Approach on Provisioning
Summary
Net impairment for loan loss of QAR 236.2m v QAR 212.5m in Q1 2021.
QAR 151.4m for Corporate
QAR 43.4m for Retail
Loan coverage ratio
36.9%
35.1%
34.9%
36.2%
20.8%
20.5%
QAR 41.4m for Alternatifbank
NPL ratio increased to 4.6% as at 31 Mar 2022 from 4.2% as at 31 Mar 2021, but
down from 4.7% as at Dec 2021.
66.5%
69.1%
58.1%
61.3%
62.5%
64.0%
Cost of Risk - net increased to 96 bps in Q1 2022 Vs 87 bps in Q1 2021.
Loan coverage decreased to 100.2% v 105.9% in Mar 2021, but up from 97.4% in
Dec 2021.
2018
2019
2020
Provision coverage
2021
ECL coverage
Q1 2021
Q1 2022
Risk reserve maintained at 2.5% of total loans and advances in addition to credit
impairment losses and interest is suspense. Risk reserve stands at QAR 2.1 billion in
Mar 2022.
Net Provision for loan loss (QAR million)
Non-performing loan ('NPL') ratio (90 day basis)
1.36%
1.36%
1.29%
1.18%
1.08%
5.6%
4.9%
4.7%
4.6%
4.3%
4.2%
0.94%
1.11%
1.07%
0.87%
0.95%
0.96%
0.68%
2,825
2,295
1099
3,126
2,635
2702
3204
927
836
II.
594
2018
2019
2020
Cost of Risk (%) - gross
725
726
546
591
552
713
483
586
839
983
1,146
1,069
1079
900
213
236
2018
2019
2020
2021
Q1 2021
Q1 2022
2021
Q1 2021
I
Q1 2022
Retail
UHNW
SME
Corporate
Gross NPLs / Gross Loans
Cost of Risk (%) - net
15
15
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