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Brief Excerpt: | ...Liquidity Tightens After Economic Sanctions with Continued Lower Margins Key Message on 2017: Liquidity pressures started to ease in 1H17, but re-emerged following the imposition in June by Saudi Arabia and the UAE of economic sanctions on Qatar. Funding costs have pushed slightly higher (20bp to 30bp) as a result. The outflows of Saudi and UAE deposits have been replaced by the government and the Qatar Central Bank (QCB). Performance: Due to rising rates and the political Gulf Cooperation Council (GCC) crisis, funding costs increased in 2017, continuing pressure on profitability metrics. Further deterioration was largely offset by the banks repricing their loan books ¡ keeping net interest margins flat. Banks also managed their cost base well, which helped maintain their operating profit metrics. Asset Quality: Asset-quality metrics continued to mildly deteriorate with some pressure in the hospitality, contracting and real-estate sectors. Loan impairment charges/loans ratios remained slightly... |
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Report Type: | |
Company(ies) | Ahli Bank Q.P.S.C.
, Qatar National Bank QPSC
, Qatar Islamic Bank SAQ
, Doha Bank Q.P.S.C.
, THE COMMERCIAL BANK (P.S.Q.C.)
, Qatar International Islamic Bank QSC
, Al Khalij Commercial Bank P.Q.S.C.
, Dukhan Bank Q.P.S.C.
, International Bank of Qatar |
Ticker(s) | ABQK , DHBK , KCBK , QIBK , QIIK , QNBK |
Issuer | Qatar International Islamic Bank (Q.P.S.C.) |
Format: | PDF |  |
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