Commercial Bank Financial Performance Report Q1 2022
CB and Qatari Banks Foreign Funding
Non-resident funding (USD billion)
196
121
16
10
100%
Deposit Breakdown
Qatar Banking Sector
27%
80%
32%
49%
61%
60%
39%
Gov. & Semi-Gov.
Agencies, 31%
Corporate,
19%
38%
40%
30%
20%
30%
34%
30%
22%
I
9%
Non
Resident,
28%
Individuals,
22%
0%
2021
2018
2021
2018
Qatar Banks
CB
Bond issuances and syndicated loans/borrowings Customer deposits Due to Banks
Fitch Ratings Comments
•
The rating action reflects the Qatari banking sector's increased reliance on
external funding and recent rapid asset growth, which Fitch believes has
weakened the sovereign's ability to provide support to the system, in case of
need.
Non-resident funding reached USD196 billion or 47% of the Qatari banking
sector's liabilities at end-2021 (up from USD121 billion or 38% at end-2018).
CB Position
.
The Bank has strong relationship with its non-resident customers. They have
been with the Bank for more than five years. Even during the blockade, CB did
not lose non-resident deposits.
The Bank continues to diversify the sources of funding.
Bond issuances and syndicated loans/borrowings have average remaining tenor
of over 2.5 years which moderates funding risks.
December 2021
Gov. & Semi-
Gov. Agencies
24%
Non resident
deposits
21%
December 2021
Source: QCB
Corporate
26%
Individuals
29%
CB
Gov. & Semi-Gov.
Agencies, 30%
Corporate,
20%
Individuals,
23%
Non Resident,
27%
February 2022
Gov. & Semi-Gov.
Agencies - 23%
Non resident
deposits
18%
Corporate
29%
Individuals
30%
March 2022
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