Qatar banks witness rise in credit exposure…

Gross credit exposure of QNB, Doha Bank (DB), Qatar Islamic Bank (QIB), al khaliji (AKCB) and Ahlibank (ABQ) to real estate, personal and services sectors saw an across-the-board increase year-on-year in 2013.
QNB considered its financial assets before and after factoring in collateral held or other credit enhancements, whereas other banks measured assets before accounting collateral held or other credit enhancements, according to their balance sheets filed with the Qatar Exchange.
In the real estate sector – which has been witnessing recovery post 2008 global financial crisis – the exposure of AKCB had the maximum growth of about three-fold to QR3.47bn, DB surged 37% to QR9.41bn, QNB by 25% to QR32.97bn, ABQ by 21% to QR3.47bn and QIB by 6% to QR14.76bn.
QNB’s exposure to real estate was 2.23 times that of QIB’s, 3.5 times of DB’s and 9.5 times of ABQ’s and AKCB’s respectively.
In the case of personal loans, which also showed signs of growth after a difficult year prior to 2012, AKCB’s exposure saw a maximum increase of 49% to QR1.92bn, QNB’s by 39% to QR26.11bn, QIB’s by 28% to QR10.28bn, DB’s by 8% to QR9.88bn and ABQ’s by 6% to QR3.79bn.
QNB’s exposure to personal credit was 2.54 times that of QIB, 2.64 times of DB, 6.89 times of ABQ and 13.6% times of AKCB.
Towards the services sector, AKCB witnessed the maximum exposure rise of 42% to QR11.2bn, ABQ by 39% to QR4.59bn, DB by 30% to QR13.82bn, QIB by 27% to QR2.69bn and QNB by 3% to QR59.04bn.
QNB’s exposure to services was 4.27 times that of DB, 5.27 times of AKCB, 12.86 times of ABQ and 21.95 times of QIB.
DB’s credit exposure to government and GREs grew 31% to QR15.62bn, ABQ by 30% to QR6.93bn and QNB by 16% to QR272.23bn, while that of QIB fell 13% to QR6.71bn and AKCB by 5% to QR17.35bn.
QNB’s exposure to government as well as government-related entities (GREs) was 15.69 times that of AKCB, 17.43 times of DB, 39.28 times of ABQ and 40.57 times of QIB.
QNB’s credit exposure to industry almost quadrupled to QR17.53bn, QIB’s more than doubled to QR3.95bn, AKCB’s surged 56% to QR2.04bn and DB’s by 26% to QR1.06bn, whereas that of ABQ shrank 36% to QR0.47bn.
QNB’s exposure to industrials was 4.44 times that of QIB, 8.59 times of AKCB, 16.54 times of DB and 37.3 times of ABQ.
AKCB’s exposure to commercial sector almost tripled to QR3.92bn, QNB’s rose 70% to QR8bn and ABQ’s by 37% to QR5.3bn, while that of DB and QIB fell 10% and 6% to QR6.44bn and QR6.87bn respectively.
QNB’s exposure to the commercial sector was 1.16 times that of QIB, 1.24 times of DB, 1.51 times of ABQ and 2.04 times of AKCB.
As for the contracting sector, ABQ had seen the maximum exposure jump of 98% to QR1.09bn, QNB by 61% to QR3.63bn and DB by 33% to QR7.03bn, whereas that of QIB shrank 33% to QR2.43bn and AKCB by 20% to QR0.93bn.
DB’s exposure to contracting was 1.94 times that of QNB, 2.89 times of QIB, 6.45 times of ABQ and 7.56 times of AKCB.
In absolute terms, QNB had the highest exposure to government and GREs, followed by services, realty, personal, industry, commercial and contracting segments.
DB had recorded the highest exposure to government and GREs, followed by services, personal, real estate, contracting, commercial and industry.
QIB had registered the largest exposure to realty, followed by personal, commercial, government and GREs, industry, services and contracting.
AKCB reported the maximum exposure to government and GREs, followed by services, commercial, real estate, industry, personal and contracting.
ABQ’s maximum exposure was to government and GREs, followed by commercial, services, personal, realty, contracting and industry. Gulf Times

Leave a Reply