QNB Groupが2019年12月31日までの年次決算を発表

QNB Group

2020/1/15 13:21

QNB Groupが2019年12月31日までの年次決算を発表

AsiaNet 82520 (0078)

【ドーハ(カタール)2020年1月15日PR Newswire=共同通信JBN】中東・アフリカ地域最大の金融機関QNBは2019年12月31日までの年次決算を発表した。









Photo - https://mma.prnewswire.com/media/1076437/QNB_Group_Headquarters.jpg

ソース:QNB Group

QNB Group: Financial Results for the Year Ended 31 December 2019


DOHA, Qatar, January 15, 2020, /PRNewswire=KYODO JBN/--

QNB, the largest financial institution in the Middle East and Africa (MEA) region,

announced its results for the year ended 31 December 2019.

Net Profit for the year ended 31 December 2019 reached QAR14.4 billion (USD3.9 billion),

an increase of 4% compared to last year. Total Assets increased by 10% from December 2018

to reach QAR945 billion (USD259 billion), one of the best set of results in QNB Group's history.

The Board of Directors have recommended to the General Assembly the distribution

of a cash dividend of 60% of the nominal share value (QAR0.60 per share).

The financial results for 2019 along with the profit distribution are subject to

Qatar Central Bank (QCB) approval.

Solid growth in Loans and Advances by 10% achieving QAR679 billion (USD186 billion),

contributed to the growth in Total Assets. This was mainly funded by strong customer

deposits generation which helped to increase customer deposits by 10%, to reach

QAR684 billion (USD188 billion) from 31 December 2018. QNB achieved healthy loans

to deposits ratio of 99.2% as at 31 December 2019.

Operational efficiency resulted in a strong efficiency (cost to income) ratio of 25.9%,

in addition to achieving sustainable revenue generating sources, which is considered

one of the best ratios among large financial institutions in the region.

The ratio of non-performing loans to gross loans amounted to 1.9% as at 31 December 2019,

one of the lowest amongst financial institutions in the MEA region, reflecting the high quality

of the Group's loan book and the effective management of credit risk. The Group's conservative

policy in regard to provisioning resulted in the coverage ratio at 100% as at 31 December 2019.

Total Equity increased by 7% to reach QAR95 billion (USD26 billion) as at 31 December 2019.

Earnings per Share reached QAR1.45 (USD0.40), compared to QAR1.44 (USD0.39) in

December 2018.

Group Capital Adequacy Ratio (CAR) as at 31 December 2019 amounted to 18.9%, higher

than the regulatory minimum requirements of the Qatar Central Bank and Basel Committee.

Group statistics

QNB Group serves a customer base of approximately 25 million customers supported by

29,000 staff resources operating from more than 1,100 locations and 4,300 ATMs.

Photo - https://mma.prnewswire.com/media/1076437/QNB_Group_Headquarters.jpg