Q4 2020 Commercial Bank PSQC Earnings Call Transcript
()-
(technical difficulty)
At that time, our capital was in the 9.6% range. We said we have to reach at least 11% to 11.5% during the 5-year plan. I'm glad to say that today, we are at 12.2%. So this has been achieved. Similarly, we had a very high -- if you take Points 2 and 3, we had a very high proportion of our loan book in real estate, which is 28%. And conversely, a very low proportion in government and public sector at 6%. And we said we have to change these ratios.
So today, our government and public sector is 17%, which is a positive, and our real estate is coming down to 20%. And we will continue on that journey so that ultimately, the government and public sector is larger than our real estate, which will then more, I would say, closely resemble the exposures in the marketplace.
Item #4 was our costs. At that time, our cost-income ratio consolidated was 45% and CB Domestic, which is Qatar, was 40%, and the market was around 30% at the time. So we were obviously way out of line of
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
