Earnings Performance - Half year ended 30 June 2019
Cost to Income Ratio improves as cost efficiency measures take effect
Operating Expenses
Cost to income ratio lower at 29.9% v 33.9% in H1 2018 driven by a
reduction in staff costs and G&A expenses.
Cost to Income Ratio Consolidated
45.7%
Staff costs reduced by 5.2% to QAR 336m in H1 2019 v 2018.
42.8%
G&A expenses decreased led by professional fees, and tighter
control across all general and administrative spend.
Continued focus on digital processes and tight expense management.
In Qatar C/I Ratio reduced from 28.9% in H1 2018 to 26.6% in 2019.
Alternatifbank C/I Ratio reduced from 50.7% in H1 2018 to 37.8% in H1
37.5%
33.4%
33.9%
29.9%
2019.
2015
2016
2017
2018
H1 2018
H1 2019
Cost to Income Ratio Domestic
40.2%
38.0%
2015
2016
33.0%
29.8%
28.9%
26.6%
2017
2018
H1 2018 H1 2019
* Outsource service provider cost for 2017 was QAR 44m, which has now been brought in-house to subsidiary
27View entire presentation