Investor Presentation August 2015

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Investor Presentation

August 2015

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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 7.7% (1)

and assets totalling QR82.7bn.

Doha Bank has a strong domestic franchise with the 2nd_{largest retail}

footprint with 31 local branches, 21 e-branches including pay offices, 2 mobile units and over 125 ATMs as at 30 June 2015.

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, UAE (Sharjah) and Canada. Doha Bank, leveraging its network, has a strong market presence

in contract financing (27% market share), trade loans (14% market share) and real estate (11% market share) and has been fast growing (14.6% 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 rating was upgraded to A+ from A by Fitch with ‘stable’ outlook.

Doha Bank’s long-term local and foreign currency rating was assessed at A2 / A- / A by Moody’s, S&P 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

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

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2 June - 2015 Net Loans (QRbn)

June -2015 Total Deposits (QRbn)

Qatari banking system – Total Loans (QRbn)

Qatari banking system – Total Deposits (QRbn)

Conventional Bank Islamic Bank

#3 position*

356.2 76.6 72.6 59.5 53.1 22.3 0.0 25.0 50.0 75.0 400.0 QNB QIB CBQ Rayan Doha Bank Ahli

Source Company information

* Among conventional banks Source Company information* Among conventional banks

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

2005 – Q2-15 CAGR: 23.7% 85 120 167 212 247 307 364 458 548 601 644 0.0 100.0 200.0 300.0 400.0 500.0 600.0 700.0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q2-15

Significant player in a fast-growing banking sector

Conventional Bank Islamic Bank

#3 position*

381.3 84.8 64.1 58.4 51.7 21.7 0.0 25.0 50.0 75.0 400.0 QNB QIB CBQ Rayan Doha Bank Ahli 2005 – Q2-2015 CAGR: 27.4% 70 103 161 243 270 314 404 510 578 653 696 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 Q2-15

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Qatar is one of the fastest growing economies globally and enjoys one of the highest GDP per capita, at US$93,965 in 2014 (1)

Sound and attractive economic situation

Government fiscal surplus (% of GDP)

Strong government revenues

Qatar has strong historic and planned economic growth...

Source QCB annual reports (2010 & 2013) and QCB Statistical Bulletin

*Preliminary estimates

Source QCB annual reports (2010 & 2013), QCB Statistical Bulletin and Bloomberg as of 30 June 2015

* Preliminary Estimates 8.6% 10.9% 9.8% 13.1% 2.1% 7.2% 11.4% 15.6% 0.0% 5.0% 10.0% 15.0% 20.0% 2007 2008 2009 2010 2011 2012 2013 2014* QR115bn 55 71 80 83 97 155 178 196 21 30 54 36 26 42 10 17 28 32 23 65 48 0 50 100 150 200 250 300 350 2007 2008 2009 2010 2011 2012 2013 2014* Oil & gas rev enues Inv estment rev enues Other rev enues

0 20 40 60 80 100 120 140 160

WTI Crude Oil Price ($/brl)

Oil & gas revenues vs. total revenues (QRbn)

33

103 42

Sovereign rating: AA / Aa2 (S&P / Moody’s), both stable

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: It is expected to be at 26.1% & 5.3% of nominal GDP in 2014 (3)

& 2015(3)_respectively Forecasted real GDP

growth: c.6.1% in 2014

(3)_{& 7.3% in 2015} (3)

GDP growth to benefit from the National Vision 2030 for Qatar under which a substantial infrastructure spend will be taking place

Population: 2.34 million as at 30 June 2015(4)

GDP per capita: With US$93,965 in 2014 Qatar is one of the wealthiest countries in the world (1)

Government fiscal

position Healthy surpluses registered in recent years

Government gross

debt: QR 181.9 billion (23.3% of GDP) over the first 12 months of FY 2014/15(3)

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 as (April 2015) 2. British Petroleum Statistical Review of World Energy (June 2015) 3. Qatar Economic Outlook (June 2015)

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4 …with large planned expenditure to diversify the

economy benefiting the banking sector

3

rd

_{largest reserves and 2}

nd

_{largest exporter of}

natural gas

Development of GDP composition 2000–2014

Russia 17.4% Iran 18.2% Qatar 13.1% Turkmenistan 9.3% Saudi Arabia 4.4% US 5.2% UAE 3.3% Others 29.1% #3 Natural gas reserves (2014)

201.9 123.4 _106.4 74.6 44.6 0 50 100 150 200 250 300

Russia Qatar Norway Canada Netherlands

Export of natural gas (cubic metres bn)

#2

Source British Petroleum Statistical Review of World Energy (June 2015)

Source Business Monitor International, research reports

Source QCB annual reports , QCB Statistical Bulletins

Infrastructure projects & events to benefit from the National Vision 2030

Infrastructure projects in Qatar and the GCC 2022 FIFA World Cup

• Dubailand: Mudon Phase 2 – Dubai (2016) • New Orbital Highway & Truck Route - Qatar (2017) • EW Treatment and Injection Plant - KOC - Kuwait (2017) • Lusail Development: Golf City - Qatar (2018) • Doha Metro: Gold Line - Tunneling Works - Qatar (2018) • Lusail Light Rail: Phase 2 - Qatar (2018)

• ASHGHAL - Expressway Programme – Qatar (2018) • QDREIC - Lusail Development – Qatar (2019)

• ASHGHAL - Local Roads & Drainage Program – Qatar (2019) • Renaissance City - UAE (2020)

• Clean Fuels Project - KNPC - Kuwait (2020)

• DWC: Al Maktoum International Airport Expansion - UAE (2021) • MBR City: Dubai Creek Harbour - UAE (2025)

• QRAIL - QIRP: Passenger & Freight Rail - Qatar (2030)

• ‘2022 FIFA World Cup’ is expected to draw around half a million visitors, almost a quarter of Qatar’s current population

• The government plans to build 9 new stadiums and expand 3 existing stadiums by 2019 for a total cost of US$4bn

• The government has also allocated US$20bn towards the development of the tourism sector 60.4% 7.3% 5.8% 5.4% 3.6% 3.1% 1.2% 0.4% 12.8%

Oil and gas Finance, insurance & real estate Manufacturing Building & construction Electricity & water

2000 2014

Agriculture & ﬁshing

Trade, restaurants & hotels Transport & communications Services 50.5% 14.2% 10.0% 8.7% 6.8% 5.6% 3.6% 0.5%_0.1%

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Leading franchise of Doha Bank and entrenched position

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

Comments

696 7.9% Total loans 119 9% Retail loans 123 6% Services 60 14% Trade loans 36 27% Contract ﬁnancing

Doha Bank market share as of 30 June 2015 Loan market size as of 30 June 2015

2% Government loans 230 104 11% Real estate 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

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6 Overview of the corporate banking loan book - June 2015

Loans (QRbn)

Real estate

Contract financing

Trade

Services

Comments

Total: QR40.6bn Non-banking ﬁnancial institutions 5.6% Industry 7.1% Services 12.1% Others 1.2% Real estate 29.2% Contracting 23.7% Trade 21.1%

• 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 of 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 • Will look to increase lending to the public sector

CAGR 2010-Q2 2015: 24% 4.5 5.9 6.9 9.2 9.8 11.8 0.0 2.0 4.0 6.0 8.0 10.0 12.0 2010 2011 2012 2013 2014 Q2-15 CAGR 2010-Q2 2015: 23% 3.8 4.7 5.5 7.6 8.4 9.6 0.0 2.0 4.0 6.0 8.0 10.0 12.0 2010 2011 2012 2013 2014 Q2-15 6.1 5.1 6.6 6.7 8.8 8.6 0.0 2.0 4.0 6.0 8.0 10.0 12.0 2010 2011 2012 2013 2014 Q2-15 CAGR 2010-Q2 2015: 8% 1.6 2.0 2.0 3.3 3.3 4.9 0.0 2.0 4.0 6.0 8.0 10.0 12.0 2010 2011 2012 2013 2014 Q2-15 CAGR 2010-Q2 2015: 28%

Strong corporate banking franchise

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Real estate market share development

Qatari market real estate loans (QRbn)

% of total June 2015 loans portfolio

21.6%

Source Company information and QCB data

11.4% 6.0% 7.0% 8.0% 9.0% 10.0% 11.0% 12.0% 13.0% 14.0%

Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15

2005 – Q1-15 CAGR: 34.5% Source QCB data 6.2 10.6 19.8 33.3 40.4 51.0 76.2 85.6 85.4 95.7 103.5 0 10 20 30 40 50 60 70 80 90 100 110 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q2-15

Loans portfolio is circa 85% of completed real estate projects vs. 15% of greenfield / under construction

Conservative regulatory environment with real estate lending limits well defined

Loan portfolio is highly collateralized at circa 170%

Conservative approach to the fast growing

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8 Contract financing market share development

Qatari market contract financing loans (QRbn)

Comments

% of total June 2015 loans portfolio

17.6%

Source Company information and QCB data

26.7% 20.0% 22.0% 24.0% 26.0% 28.0% 30.0% 32.0% 34.0%

Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15

Source QCB banks’ monthly statements and annual reports

2005 – Q2-15 CAGR: 28.4% 3.4 5.1 8.2 11.5 13.0 18.4 16.2 18.2 23.3 32.0 36.1 0 10 20 30 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q2-15

• 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 over the past yearsyears (CAGR of 28.4% in 2005 – Q2-15 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

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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 operations

• 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

• 2015: Acquired 2 new branches in India (Mumbai & Kochi) from HSBC Oman and a representative office opened in South Africa

Source Company Information

Source Company Information Source Company Information

Leading international franchise on the back of a targeted network

of branches and representative offices around the world

4.5 7.5 8.1 12.4 14.2 16.4 0 2 4 6 8 10 12 14 16 18 2010 2011 2012 2013 2014 Q2-15 12.4 2010 – Q2-15 CAGR: 33.3% 20% of total assets

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10 Second largest 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:

Doha Bank has a large retail book with the highest

percentage of retail loans to total loans

#2* 10 16 29 31 31 79 0 20 40 60 80 100 Rayan Ahli CBQ QIB Doha bank QNB 21.1% 22.4% 18.5% 9.5% 11.4% 6.7% _5.8% 0% 5% 10% 15% 20% 25%

Doha Bank QIB Ahli CBQ QNB Rayan Khaliji

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 125 ATMs throughout the country with a further increase planned

• The Bank has replaced a number of existing ATMs with multi functional capabilities

• First e-branch opened in Dubai during 2014 Internet

banking

• Doha Bank had the first bilingual website in Arabic and English out of all banks in Qatar

• Doha Bank won “eBanking 2014 Excellence Award” from the Middle East Excellence Awards Institute in recognition of its achievements in revolutionizing the eGovernment systems and eServices in the region

E-shopping portal

• Doha Sooq (e-commerce website) was the first ‘online shopping mall’ offered by a Bank in Qatar.

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

• Mobile banking application for iPhone, Blackberry and Android is available for free download

Leading and innovative retail franchise

% of retail loans to total loans portfolio as at 31 Dec 2014

Source Annual Reports

Source Company information Source Company information

• 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

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Innovative range of retail products

Asset quality – Retail business (NPL ratio)

Comments

Transactional

& deposit accounts

• Doha Bank offers a wide range of transactional & deposit accounts to its customers, including term deposit accounts, savings certificates, call accounts, payroll accounts & various accounts of different maturities & yields

Personal loans • Doha Bank offers a suite of personal loan products to retail customers made for a period of up to six years for Qatari nationals and four years for expatriates who transfer their monthly salaries to the Bank

Vehicle loans • Repayment periods extending to six years for Qatari nationals and four years for expatriates

Expatriate banking

• The division is focused on Qatar, Abu Dhabi, Dubai, Kuwait and India and offers cross-border remittances, wealth management and off-shore banking services

Credit cards • The Bank offers an extensive range of credit cards

• The number of cards has grown to c.64,000 from c.47,000 in December 2013

Private banking

• Offer privileged services such as Home Service, Real Estate Advisory, Global emergency cash access services, brokerage services etc • Offer exclusive products such as capital protected close ended investment products, Visa Infinite Credit Cards, mortgage lending in UK, Egypt, UAE, and Kuwait, leveraging on local tie-ups

Retail mortgage loans

• Available for properties in Qatar as well as selected external market for eligible customers. Loans are tailored to suit individual needs coupled with competitive interest rates

Retail Business has innovative range of products

7.3%

3.9%

2.9% 3.3%

4.1% _3.6%

2010 2011 2012 2013 2014 Q2-15

• Innovative range of products – Doha Bank was first to introduce many loans and deposits related products in Qatar

• Strong base of Qatari clients, many of whom are wealthy indi-viduals

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12 NPL evolution

Net impairment loss on loans and cost of risk

Loan loss provision balance and coverage ratio

Comments

• NPL ratio has decreased during 2015 primarily due to

QR111m write off in Q1 2015

• Specific provision coverage has built up to a historic high

and is now 120%

• Cost of risk low due to significant recoveries during H1-15

NPL (QRmn) NPL % 1,086 1,055 ₉₇₄ 1,273 1,560 1,470 3.9% 3.3% 2.8% 3.0% 3.1% _2.7% 2010 2011 2012 2013 2014 Q2-15

Loan loss provision balance (QRmn) Coverage ratio % 197% including risk reserve 1,002 786 845 1,230 1,775 1,761 92.3% 74.5% 86.8% 96.7% 113.8% 119.8% 2010 2011 2012 2013 2014 Q2-15

Net impairment loss on loans (QRmn) Cost of Risk % 312 271 190 318 439 69 1.19% 0.94% 0.59% 0.85% 0.98% 0.27% 2010 2011 2012 2013 2014 Q2-15

Source Company Information Source Company Information

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Retail NPL ratio

Real estate NPL ratio

Corporate NPL ratio

7.3% 3.9% 2.9% 3.3% 4.1% 3.6% 2010 2011 2012 2013 2014 Q2-15

Comments

2.6% 1.6% 1.4% 1.0% 1.4% 1.3% 2010 2011 2012 2013 2014 Q2-15 2.5% 4.3% 3.9% 4.3% 3.9% 3.3% 2010 2011 2012 2013 2014 Q2-15

• Retail NPL ratio relatively low compared to historic highs

• Real estate NPL continues to be low due to conservative approach to underwriting • Corporate NPL ratio continues to decrease

Credit quality in Doha Bank core businesses

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14 High net interest margin % - June 2015

Cost / income

Historical earnings growth

Comments

2.61% 2.66%

2.43% _2.32%

2.11%

1.95%

DB QNB Ahli CBQ Rayan QIB

1,054 1,241 1,305 1,313 1,359 2010 2011 2012 2013 2014 Net income (QRmn) 2010 – 2014 CAGR: 6.6% 34.5% _33.5% 34.5% 35.2% 35.7% 36.2% 2010 2011 2012 2013 2014 Q2-15

• Historically strong profitability with higher NIM vs. competitors • Growth in earnings in every year

• Relatively stable cost / income ratio

Historically stable financial performance

and strong earning growth…

Source Company Information Source Company Information Source Company Information

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Return on shareholders’ equity – June 2015

Cash dividend paid (QR)

Attractive dividend yield

Comments

18.4% 20.1%

18.9% 16.8%

13.8% _13.0%

Doha Bank QNB Rayan Ahli QIB CBQ

5.0 4.5 4.5 4.5 4.0 2010 2011 2012 2013 2014 4.7% 11.9% 10.6% 7.7% 7.0% 9.0% 7.8% _7.0% 2.3% 4.4% _{2.7% 2.7%} 2.6% 4.6% _4.1% 3.5% 2.1% 7.9% 9.7% 7.6% 7.1% 8.5% 2.8% 5.1% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 2007 2008 2009 2010 2011 2012 2013 2014 Doha Bank QNB CBQ

• High return on shareholders equity maintained amongst competitors

• Shareholders consistently rewarded with high cash dividend • High dividend yield vs. competitors throughout the cycle

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

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16 By sector – June 2015

Loans

Deposits

By type – June 2015

Comments

Retail 18.8% Real estate 21.6% Trade 15.6% Contract ﬁnancing 17.6% Government and related agencies 7.2% Services 8.9% Industry 5.2% Other 1.0% Non-banking ﬁnancial institutions 4.1% Total loans: QR53.1bn Non-banking financial institutions 5.8% Government and related agencies 36.2% Individual 22.0% Corporate 36.0% Total deposits: QR51.7bn Corporate 74.0% Retail 18.8% Government and related agencies 7.2% Total loans: QR53.1bn Term deposits 71.5% Savings accounts 4.6% Current and call deposits 23.9% Total deposits: QR51.7bn

• 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

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Portfolio overview

Investment portfolio - Evolution by classification

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_QRmn

Investment Portfolio – Split by Type

June 2015(%)

• 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

• Overall yield of fixed income investment portfolio is c. 3.6%

Total (QR10,684mn)

State of Qatar debt securities 64.1% Equities 10.1% Other debt securities 25.1% Mutual funds 0.7%

Av ailable f or Sale Held to Maturity 2,351 4,385 4,544 5,622 5,292 5,336 2,866 3,192 5,037 6,082 4,124 5,253 5,217 7,577 9,581 11,704 9,453 10,684 2010 2011 2012 2013 2014 Q2-15

Available for Sale (QR5,336mn)

State of Qatar debt securities 44% Equities 20% Other debt securities 35% Mutual funds 1% Held to Maturity (QR5,253mn)

State of Qatar debt securities

85% Other debt

securities 15%

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18 Funding mix – June 2015

Equity Evolution (QRbn)

Doha Bank has a well diversified funding position and stable 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 of QR6.8bn of State of Qatar bonds which it could repo with the QCB at any time

• The bank successfully raised Additional Tier 1 Capital amounting to QR2bn each in Q4 2013 and Q2 2015 respectively

• The bank has successfully raised QR1.6bn of capital via rights issue in Q1 2013

Total liabilities and equity: QR82.7bn

Debt securities 3.1% Due to banks 13.9% Equity 15.8% Customer deposits 62.5% Other liabilities 2.6% Other borrowings 2.1%

Tier 1 ratio % CAR Source Company information

Note: 2014 onwards based on Basel III

13.6% 13.2% 13.6% 15.9% 15.0% 16.0%

11.0% 10.7% 10.9%

14.3% 14.7% 15.7%

2010 2011 2012 2013 2014 Q2-15

Well managed liquidity and solid capitalization

Source Company Information

6.0 7.1 7.6 11.3 11.3 13.1 2010 2011 2012 2013 2014 Q2-15 2010 – Q2 - CAGR: 18.7% 2015

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• 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 ofﬁces, by further developing relations with companies doing business with Qatar, UAE, Kuwait and India

Amalgamation formalities to acquire 2 new branches in India (Mumbai & Kochi) from HSBC Oman S.A.O.G were completed

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

strong credit

quality

• With a further strengthened capital position, Doha Bank is best positioned to capture the upcoming infrastructure growth in Qatar

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20

Source Company information

Notes

1. Ranked by assets, excluding Islamic banks 2. 2005-2014 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 2}nd

largest retail footprint in Qatar

Strong asset quality

Strong shareholder

base

Prime player in Qatari banking market, growing

at c. 20% pa (2) Backdrop of high growth macro-economic environment Strong regulatory environment aligned with international banking standards Solid capitalization metrics with strong investment grade

credit ratings

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