Investor Presentation August 2016 Overview of Doha Bank Key - - PowerPoint PPT Presentation

Investor Presentation

August 2016

1

Overview of Doha Bank

Incorporated in 1979, Doha Bank is the third largest local conventional bank by assets in Qatar with a market share of approximately 7.4% (1) and assets totalling QR87.4bn Doha Bank has a strong domestic franchise with the 2nd largest retail footprint with 30 local branches, 19 e-branches including pay offices, 1 active mobile unit and over 120 ATMs as at 30 June 2016 Doha Bank has one of the largest international networks of the Qatari banks through branches located in UAE (Dubai and Abu Dhabi), Kuwait and India (Mumbai and Kochi) and representative offices in United Kingdom, Germany, Turkey, Singapore, China, South Korea, Japan, Hong Kong, Australia, South Africa, Bangladesh, UAE (Sharjah) and Canada Doha Bank, leveraging its network, has a strong market presence in contract financing (26% market share), trade loans (14% market share) and real estate (10% market share) and has been fast growing (13% net loans CAGR since 2007) The bank operates principally through four business groups: Wholesale Banking, Retail Banking, International Banking and Treasury & Investments Doha Bank’s long-term local and foreign currency rating was assessed at A2 / A- / A+ / A by Moody’s, S&P, Fitch and Capital Intelligence respectively

Key highlights Strong international footprint Diversified shareholder base and strong support Second largest retail footprint Largest international network of representative offices among Qatari banks Strong position in select business lines including contract financing, trade finance, real estate and retail

Source Company information, Doha Bank estimates based on public information and QCB data Note: 1. Measured as a percentage of the aggregate assets of the banking sector in Qatar as at 30 June 2016

Qatar Holding LLC (a subsidiary of QIA) 16.7% Other Shareholders 83.3%

2 June - 2016 Net Loans (QRbn) June - 2016 Total Deposits (QRbn) Qatari banking system – Total Loans (QRbn) Qatari banking system – Total Deposits (QRbn)

496.6 96.6 77.4 64.3 55.4 25.1 0.0 20.0 40.0 60.0 80.0 100.0 500.0 QNB QIB CBQ Rayan Doha Bank Ahli

Source Company information * Among conventional banks

Conventional Bank Islamic Bank

#3 position*

Source QCB banks’ monthly statements and annual reports Source QCB banks’ monthly statements and annual reports Source QCB banks’ monthly statements and annual reports

85 120 167 212 247 307 364 458 548 601 650 684 0.0 100.0 200.0 300.0 400.0 500.0 600.0 700.0 800.0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

2005 – Q2 2016 CAGR: 22%

Q2-16

Significant player in a fast-growing banking sector

488.4 95.3 72.1 57.8 52.4 20.8 0.0 20.0 40.0 60.0 80.0 100.0 500.0 QNB QIB CBQ Rayan Doha Bank Ahli

Conventional Bank Islamic Bank

#3 position*

Source Company information * Among conventional banks

70 103 161 243 270 314 404 510 578 653 753 788 0.0 100.0 200.0 300.0 400.0 500.0 600.0 700.0 800.0 900.0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Q2-16

2005 – Q1 2016 CAGR: 26%

Source QCB banks’ monthly statements and annual reports

3

• Qatar enjoys one of the highest GDP per capita at US$ 66,265 in 2016 (1) and has strong historic economic growth

Sound and attractive economic situation Government fjscal surplus (% of GDP) Strong government revenues

Qatar has strong historic and planned economic growth...

2.1% 6.9% 11.4% 14.2% 3.5%

• 7.8%
• 10.0%
• 5.0%

0.0% 5.0% 10.0% 15.0% 2011 2012 2013 2014 2015 2016*

Note: The above data until 2014 is for the fiscal year from 1 April – 31 March * The fiscal estimates & forecast for 2015 and 2016 are calendar year based Source: QCB annual reports (2011 & 2014) and Qatar MDPS (December 2015 & June 2016)

97 155 178 195 164 36 26 42 98 112 23 42 65 49 61 50 100 150 200 250 300 350 400 2011 2012 2013 2014 2015 Oil & gas rev enues Other rev enues Investment rev enues

20 40 60 80 100 120 140

Note: The above data untill 2015 is for the fiscal year from 1April – 31 March Source QCB annual reports (2011 & 2014), QCB Statistical Bulletin and Bloomberg as of 30 June 2016

WTI Crude Oil Price ($/brl) Sovereign rating: AA (Stable) by S&P / AA (Stable) by Fitch /Aa2 (Negative) by Moody’s Gas reserves: Qatar has the 3rd largest reserves of natural gas in the world (2) Oil reserves: 25.7bn barrels of proven oil reserves (2) Current account balance: Deficit of 0.4% of nominal GDP in 2016(3) Forecasted real GDP growth: 3.9% in 2016(3) Population: 2.48 million as at 30 June 2016(4) GDP per capita: With US$66,265 in 2016 Qatar is one of the wealthiest countries in the world (1) Government fjscal position First deficit in 15 years, estimated at about 7.8% of GDP in 2016 (3) Government gross debt: QR 287.2 billion (46.2% of GDP) in 2016(1) Significant future government & infra- structure spending: Significant investments in the run up to hosting the 2022 FIFA World Cup and achieving the 2030 Qatar National Vision (e.g. gas projects, airport, rail, infrastructure, housing) Currency: Pegged to the U.S. dollar since 1980

Notes: 1. IMF World Economic Outlook Database (April 2016) 2. British Petroleum Statistical Review of World Energy (June 2016) 3. Ministry of Development Planning & Statistics (June 2016) 4. Population statistics of Ministry of Development Planning & Statistics (June 2016)

4

…with large planned expenditure to diversify the economy benefiting the banking sector

3rd largest reserves and 2nd largest exporter of natural gas Development of GDP composition 2000–2015

Russia 17.3% Iran 18.2% Qatar 13.1% Turkmenistan 9.4% Saudi Arabia 4.5% US 5.6% UAE 3.3% Others 28.6%

#3

Natural gas reserves (2015)

207.5 126.1 115.5 74.3 41.8 50 100 150 200 250 300 Russia Qatar Norway Canada Netherlands

Export of natural gas in 2015 (cubic metres bn)

#2

Source British Petroleum Statistical Review of World Energy (June 2016) Source Business Monitor International, research reports

Infrastructure projects & events to benefjt from the National Vision 2030

Infrastructure projects in Qatar and the GCC 2022 FIFA World Cup

• UDC - Pearl Qatar - Qatar (2017)
• Saudi Aramco - Jizan Refinery Project - Saudi Arabia (2017)
• Aldar Properties - Al Raha Beach Development - UAE (2017)
• Ashghal - Expressway Program - Qatar (2018)
• ZADCO - Upper Zakum Full Field Development - UAE (2018)
• BP - Khazzan & Makarem Fields Development - Oman (2018)
• KNPC - New Refinery Project - Kuwait (2019)
• QF - Education City - Qatar (2019)
• ASHGHAL - Local Roads & Drainage Program (LRDP) - Qatar (2018)
• NPP - Hamad Port - Qatar (2020)
• Dubai Holding - Dubailand: Mudon - UAE (2020)
• QRAIL - QIRP: Doha Metro : Phase 1 - Qatar (2020)
• NDIA - Hamad International Airport - Qatar (2020)
• ADA - Riyadh Light Rail Transit (Riyadh Metro) - Saudi Arabia (2020)
• ‘2022 FIFA World Cup’ is expected to draw around half a million visitors, circa

20% of Qatar’s current population

• The government plans to build 9 new stadiums and expand 3 existing stadiums

by 2020 for a total cost of US$4bn

• The government has allocated QAR50.6Bn in the 2016 Budget towards

infrastructure sector to ensure sustainable development

60.4% 7.3% 5.4% 12.8% 5.8% 3.6% 3.1% 1.2% 0.4%

Source QCB annual reports and QCB Quarterly Statistical Bulletin - March 2016 * Preliminary estimates

36.3% 18.4% 9.7% 11.9% 9.5% 8.9% 4.5% 0.7% 0.1% Oil and gas Finance, insurance & real estate Manufacturing Building & construction Electricity & water

2000 2015*

Agriculture & fishing Trade, restaurants & hotels Transport & communications Other Services

Upcoming projects and economic development have attracted an infmux of expatriate labor and benefjted the economy

5

Leading franchise of Doha Bank and entrenched position

Loan market size (QRbn) and Doha Bank market share (%) Comments

788

7.3%

Total loans

126

5.0%

Services

130

9.5%

Real estate loans

67

14.1%

Trade loans

39

26.1%

Contract financing

Doha Bank market share as of 30 June 2016 Loan market size as of 30 June 2016

1.3%

Government loans

278 115

9.0%

Retail loans

A leading franchise in real estate, contract financing, trade and retail loans Opportunity for increased participation in the public sector Well diversified loan portfolio Worldwide network of representative offices in key locations Growing network of branches and strong presence in the GCC Strong and prominent brand recognition in Qatar Doha Bank excels in innovating new products and services and providing the right products to the right customers Many of the Board members belong to the ruling ‘Al Thani’ family

6 Overview of the corporate banking loan book - June 2016 Loans (QRbn) Real estate Contract financing Trade Services Comments

Real estate, 28.4% Contracting, 23.6% Trade, 21.7% Services, 14.6% Industry, 4.3% Non-banking financial institutions, 5.5% Others, 1.9% Total: QR43.3bn

Source Company information

• A significant contributor to the total income of Doha Bank
• Evolved to be one of the core competencies of the bank and will be one
• f the major growth areas of the Bank
• Targets local and international companies and ultra high net-worth

clients

• Well diversified portfolio focused on private sector

5.9 6.9 9.2 9.8 11.6 12.3 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 2011 2012 2013 2014 2015 Q2-16

C A G R 2 1 1 – Q 2 2 1 6 : 1 8 % 4.7 5.5 7.6 8.4 10.1 10.2 0.0 2.0 4.0 6.0 8.0 10.0 12.0 2011 2012 2013 2014 2015 Q2-16 C A G R 2 1 1 – Q 2 2 1 6 : 1 9 %

5.1 6.6 6.7 8.8 9.4 9.4 0.0 2.0 4.0 6.0 8.0 10.0 12.0 2011 2012 2013 2014 2015 Q2-16

CAGR 2011 – Q2 2016: 15%

2.0 2.0 3.3 3.3 6.1 6.3 0.0 2.0 4.0 6.0 8.0 2011 2012 2013 2014 2015

CAGR 2011 – Q2 2016: 29%

Q2-16

Strong corporate banking franchise

Source Company information

7 Real estate market share development Qatari market real estate loans (QRbn)

%

• f total June 2016 loans portfolio

Source Company information and QCB data

9.5% 6.0% 7.0% 8.0% 9.0% 10.0% 11.0% 12.0% 13.0% 14.0% Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16

21.5%

6.2 10.6 19.8 33.3 40.4 51.0 76.2 85.6 85.4 95.7 125.7 129.5 20 40 60 80 100 120 140 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Q2-16

2005 –Q2 2016 CAGR: 34%

Source QCB banks’ monthly statements and annual reports

Conservative regulatory environment with real estate lending limits well defined Loan portfolio is highly collateralized at circa 170% NPL percentage for the Real Estate portfolio is only 0.1%

Conservative approach to the fast growing real estate sector

8 Contract financing market share development Qatari market contract financing loans (QRbn) Comments Comments

%

• f total June 2016 loans portfolio

26.1% 20.0% 22.0% 24.0% 26.0% 28.0% 30.0% 32.0% 34.0% Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16

17.8%

Source Company information and QCB data

3.4 5.1 8.2 11.5 13.0 18.4 16.2 18.2 23.3 32.0 38.9 39.3 10 20 30 40 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Q2-16

Source QCB banks’ monthly statements and annual reports

2005 – Q2 2016 CAGR: 26%

• Doha Bank’s high market share benefits from strong relations with

key contractors through Doha Bank representative offices (eg.Tur- key, South Korea, Japan, Germany)

• The Qatari contract financing sector has been growing steadily
• ver the past years (CAGR of 26% in 2005 – Q2 2016 period)
• The contract financing sector is set to benefit from planned

infrastructure spending in Qatar as well as the ‘2022 FIFA World Cup’

Leading market position in the contract financing sector based on strong relationships

9 Timeline of international expansion Increasing international reach International asset evolution (QRbn)

• 2004: Doha Bank established representative office in Dubai
• 2006: Representative offices in Singapore and Turkey commenced
• perations
• 2007: First full branch outside of Qatar – in Dubai (upgraded from

a representative office to a branch). Representative offices were established in Japan and China

• 2008: Kuwait branch was established. Representative offices in the

United Kingdom and South Korea

• 2011: Representative offices were established in Abu Dhabi and

Germany

• 2012: A representative office was opened in Australia. Abu Dhabi

representative office was upgraded to a full branch

• 2013: Representative offices were established in Hong Kong, UAE

(Sharjah) & Canada

• 2014: Opened a branch in Mumbai, India and first e-branch in Dubai
• 2015: Acquired 2 new branches in India (Mumbai & Kochi) from HSBC

Oman and a representative office opened in South Africa

• 2016: A representative office established in Bangladesh

Source Company Information Source Company Information

Leading international franchise on the back of a targeted network

• f branches and representative offices around the world

Source Company information

7.5 8.1 12.4 14.2 16.0 17.7 4 8 12 16 20

2011 2012 2013 2014 2015 Q2-16

12.4 14.2 2011 – Q2 2016 CAGR: 21% 20% of total assets

Bangladesh 2016

10

Second largest conventional retail footprint in Qatar

Strong reputation for new and innovative products and strong brand quality Doha Bank was the first to introduce many products & services in Qatar such as:

13 15 30 30 31 65 15 30 45 60 75

Rayan Ahli CBQ Doha Bank QIB QNB

#2

Source Banks’ websites & Annual reports

Conventional Bank Islamic Bank

Distribution channels: innovative and increasing efficiency

Branches

• Second largest retail footprint in Qatar widespread throughout the country
• Full service branches in Abu Dhabi, Dubai, Kuwait and India

ATMs

• Network of over 120 ATMs throughout the country with a further increase planned
• The Bank has replaced a number of existing ATMs with multi functional capabilities

Internet banking

• Doha Bank had the first bilingual website in Arabic and English out of all banks in Qatar
• Doha Bank won “Best Web/Mobile Banking Service” Award from the Banker Middle East

in recognition of its innovative services

E-shopping portal

• Doha Sooq (e-commerce website) - first ‘online shopping mall’ offered by a Qatari bank.

Mobile banking

• Grants access to bank account details and enables instant transfer of funds, paying

registered utility and credit card bills, recharging pre-paid mobile or broadband services and viewing current exchange rates

• Application for iPhone and Android is available for free download

Leading and innovative retail franchise

Source Company information Source Company information

• Biometric authentication in Mobile Banking
• Apple iWatch Banking Application and Tablet Banking
• Al Asriya [Ladies Banking Package]
• Al Dana Savings Scheme
• Online money transfer through credit card
• Mobile e-remittance for Payroll card holders
• Co-branded credit cards and travel cards
• Gold bar sales
• Green Banking

Innovative range of retail products

Credit cards

• The Bank offers an extensive range of credit cards

Loans

• Personal and Vehicle loan products are available to customers, who transfer their

salaries to the bank, for up to six years (Qataris) and four years (Expatriates).

• Mortgage loans are tailored to suit individual needs with competitive interest rates. Its

available for eligible customers in Qatar and other selected markets. Transactional / deposit accounts

• Doha Bank offers a wide range of accounts to its customers, including term deposit

accounts, savings certificates, call accounts, payroll accounts and various accounts

• f different maturities & yields.
• The division is focused on Qatar, UAE, Kuwait and India and offers cross-border

remittances, wealth management and off-shore banking services Expatriate banking Private banking

• Offer privileged services such as Home Service, Real Estate Advisory, Global

emergency cash access services, brokerage services.

• Products include capital protected close-ended investments, Visa Infinite Credit Card,

Mortgage Lending in UK, Egypt, UAE, and Kuwait, leveraging on local tie-ups.

11 NPL evolution Net impairment loss on loans and cost of risk Loan loss provision balance and coverage ratio Comments

Strong credit quality

786 845 1,230 1,775 2,050 1,935 74% 87% 97% 114% 109% 117% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 120.0% (200) 300 800 1,300 1,800 2,300 2,800 2011 2012 2013 2014 2015 Q2-16

Loan loss provision balance (QRmn) Coverage ratio % 195% including risk reserve

Source Company information

• NPL ratio has improved signifjcantly during the quarter
• Specifjc provision coverage is 117% which represents a historical high

Source Company information Source Company information

NPL (QRmn) NPL %

Source Company information

1,055 974 1,273 1,560 1,881 1,658 3.32% 2.81% 3.01% 3.10% 3.26% 2.89% (0.70%) (0.20%) 0.30% 0.80% 1.30% 1.80% 2.30% 2.80% 3.30% 400 800 1,200 1,600 2,000 2,400 2011 2012 2013 2014 2015 Q2-16 271 190 318 439 293 104 0.94% 0.59% 0.85% 0.98% 0.56% 0.38% (0.70%) (0.20%) 0.30% 0.80% 1.30% 10 60 110 160 210 260 310 360 410 460 510 560 610 660 2011 2012 2013 2014 2015 Q2-16

Net impairment loss on loans (QRmn) Cost of Risk %

12

Credit quality in Doha Bank core businesses

Real Estate NPL ratio

Q2-16

Contracting NPL ratio

6.1% 6.3% 6.6% 6.1% 4.0% 5.0% 6.0% 7.0% 2013 2014 2015 Q2-16

Source Company information

• Real estate NPL % is almost Zero
• Corporate NPL % remains stable and Retail NPL % has shown signs of improvement
• Contracting NPL % continues to be elevated but has reduced from its peak

Comments Corporate NPL ratio

3.2% 2.8% 3.0% 3.1% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 2013 2014 2015 Q2-16

Retail NPL ratio

3.3% 4.2% 4.1% 3.6% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 2013 2014 2015 Q2-16 1.0% 1.4% 1.1% 0.1% 2013 2014 2015

13

Historically stable financial performance and strong earning growth...

High net interest margin % - June 2016

• Historically strong profitability with higher NIM vs. competitors
• Consistent growth in earnings in every year
• Stable Cost / income ratio

Cost / income Comments

33.5% 34.5% 35.2% 35.7% 36.7% 36.9% 2011 2012 2013 2014 2015 Q2-16

Source Company information Source Company information Source Company information

1,241 1,305 1,313 1,359 1,374 2011 2012 2013 2014 2015 Net income (QRmn)

2011 – 2015 CAGR: 2.6%

Historical earnings growth

2.54% 3.02% 2.22% 2.15% 2.06% 1.73% DB QNB Ahli CBQ Rayan QIB

Source Company information

14 Dividend payout ratio Attractive dividend yield Cash dividend (QR per share) Comments

75% 71% 89% 76% 56% 2011 2012 2013 2014 2015 4.5 4.5 4.5 4.0 3.0 2011 2012 2013 2014 2015

7.0% 9.0% 7.8% 7.0% 8.4% 2.6% 4.6% 4.1% 3.5% 2.2% 7.1% 8.5% 2.8% 5.1% 7.7%

0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0% 2011 2012 2013 2014 2015 Doha Bank QNB CBQ

• Shareholders have been rewarded consistently with high dividend

payout over the years

• High dividend yield vs. competitors throughout the cycle
• Dividends have been scaled back over the last two years in
• rder to align capital requirements to Basel III

... with attractive returns and high dividend yield...

Source Company Information Source Company Information Source Company Information Source Company Information

15 By sector – June 2016 Loans Loans Deposits Deposits By type – June 2016 Comments

Retail 18.0% Real estate 21.5% Trade 16.4% Contract Financing 17.8% Government and related agencies 6.4% Services 11.1% Industry 3.2% Other 1.5% Non-banking financial institutions 4.1% Total loans: QR55.4bn Non-banking financial institutions 5.5% Government and related agencies 40.4% Individual 20.3% Corporate 33.8% Total deposits: QR52.4bn Corporate 75.6% Retail 18.0% Government and related agencies 6.4% Total loans: QR55.4bn Term deposits 75.6% Savings accounts 4.8% Current and call deposits 19.6% Total deposits: QR52.4bn

• Doha Bank has maintained a very well diversified loan mix
• Doha Bank consistently ensures it retains a diversified deposit and funding base to minimize concentration risks
• The QCB imposes certain credit concentration limits on regulated banks in Qatar and the Bank follows the QCB’s credit concentration policy
• Those credit concentration limits impose restrictions such as single obligor limits as well as restrictions on real estate lending

Diversified loans and deposits and limited concentration

Source Company Information

16 Portfolio overview Investment portfolio - Evolution by Classification (1) QRmn Investment Portfolio – Split by Type June 2016 (%)

• Conservative investment philosophy
• Low hard limits for discretionary trading / investments
• Majority of portfolio in local sovereign fixed income
• State of Qatar portfolio repo-able with central bank to the

extent liquidity is needed

• QCB has previously introduced more conservative investments

limits linked to Tier 1 capital Total (QR13,391mn)

State of Qatar debt securities 63.5% Equities 8.7% Other debt securities 27.3% Mutual funds 0.5% 4,385 4,544 5,622 5,292 6,457 7,471 3,192 5,037 6,082 4,527 5,724 5,916 7,577 9,581 11,704 9,856 12,198 13,391 2011 2012 2013 2014 2015 Q2-16

Av ailable f or Sale Held to Maturity

Available for Sale (QR7,471mn)

State of Qatar debt securities 51.1% Equities 15.7% Other debt securities 32.5% Mutual funds 0.7%

Held to Maturity (QR5,916mn)

State of Qatar debt securities 79.3% Other debt securities 20.7% Note:

• 1. Figures are sourced from Annual & Quarterly Reports

...and a conservative investment philosophy

17 Funding mix – June 2016 Equity Evolution (QRbn) Doha Bank has a well diversified funding position and a sound capital base with strong capital ratios Evolution of Tier 1 and capital adequacy ratio Comments

• Doha Bank has a diverse funding profile including a mixture of retail,

wholesale, interbank, long term liabilities and shareholder funds

• The

bank maintains holdings

• f

QR8.5bn

• f

State

• f

Qatar bonds which it could repo with the QCB at any time Total liabilities and equity: QR87.4bn

Debt securities 3.0% Due to banks 12.9% Equity 15.0% Customer deposits 60.0% Other liabilities 2.5% Other borrowings 6.6% 10.7% 10.9% 14.3% 14.7% 15.4% 15.7% 10.7% 10.9% 11.2% 11.8% 10.4% 10.6% 2011 2012 2013 2014 2015 Q2-16 CET 1 ratio Tier 1 ratio

%

Total CAR 15.9% 13.2% 13.6% 15.0% 15.7% 16.1%

Well managed liquidity and solid capitalization

Source Company Information Source Company Information Source Company Information Note: 2014 onwards based on Basel III

7.1 7.6 11.3 11.3 13.2 13.1 2011 2012 2013 2014 2015 Q2-16

2011 – Q2 2016 CAGR: 15%

18

• Further develop existing operations in the UAE, Kuwait and India and position Doha Bank at the

centre of the infrastructure growth of the GCC economies

Further develop regional branch network Further consolidate Qatari position

• Doha Bank intends to further continue its targeted international expansion strategy

Expand and further leverage the trade finance business through the network of representative

• ffices, by further developing relations with companies doing business with Qatar,

UAE, Kuwait and India Doha Bank established its 13th Representative Office in Bangladesh

Continue targeted international expansion

• Leverage on strong existing distribution channels to expand loan book, generate

more revenues and improve efficiency

• Identify areas of potential operational and cost efficiency improvements

Further improve efficiency

• Maintain conservative and cautious approach to underwriting in particular

with regards to contracting sector

• Continue improvement in risk management procedures and systems

Maintain credit quality

Source Company information

• With stable capital adequacy ratios, Doha Bank is positioned to capture the upcoming infrastructure growth in Qatar

Doha Bank strategy – clear path to future growth

19

Source Company information Notes

• 1. Ranked by assets, excluding Islamic banks
• 2. 2005-2015 CAGR of Doha Bank’s total assets

High NIM and ROAE Proactive and supportive sovereign Highly experienced management team 3rd largest conventional Qatari bank(1) with 2nd largest retail footprint in Qatar Strong asset quality Strong shareholder base Prime player in Qatari banking market, growing at c. 19% pa (2) Backdrop of a strong macro-economic environment Strong regulatory environment aligned with international banking standards Solid capitalization metrics with strong investment grade credit ratings

Concluding remarks