Commercial Bank Financial Performance Report Q1 2022
Funding: Continue to build up diverse sources of funding
Summary
Customers' deposits at QAR 84.5 bn, up by 3.3% vs Mar 2021
representing 49.3% of the total balance sheet.
Well diversified funding mix
Total equity represents 13.8% of funding mix.
The average remaining tenor of bond issuances and syndicated
loans/borrowings is over 2.5 years. Out of this, 66% is fixed rate
and hence will have a positive impact on NIMS as interest rates
increase.
Total funding mix - 31 March 2022
â– Customers' Deposits
Total Shareholders'
Equity
Due to Banks and
Financial Institutions
Debt Securities & Other
borrowings
Other Liabilities
7%
17%
49%
13%
14%
Debt issued and other borrowed funds
Commercial Bank credit ratings
Issuance Type (QARm)
Mar-22
Mar-21
Rating
Foreign Ccy
Deposits/IDR
Subordinated Notes
731
1,823
Agency
Bank
Strength
Outlook
Date
EMTN
10,528
9,114
LT
ST
Senior Notes
183
210
Fitch
A-
F2
bb+
Stable
Apr 22
Other loans (including CPs)
17,810
14,936
S&P
BBB+
A-2
bb+
Stable
Jan 22
Total
29,251
26,082
Moody's
A3
Prime 2
ba1
Stable
Dec 21
16
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