TheScreener - Qatar National Bank Alahly (QNBA) QATAR NATIONAL BANK reduced its risk exposure resulting in an upgrade to Slightly Positive

Report

TheScreener

EUR 13.08 For Business Accounts Only

QATAR NATIONAL BANK reduced its risk exposure resulting in an upgrade to Slightly Positive

QATAR NATIONAL BANK (EG), a company active in the Money Center Banks industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 2 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date December 21, 2021, the closing price was EGP 16.00 and its potential was estimated at EGP 17.73.

22/12/2021 6 EN

Underlying

Qatar National Bank Alahly

National Societe Generale Bank is an investment and commercial ank. Co. is organized in three business lines which are Corporate Banking, Retail Banking, and Other Businesses. The Corporate Banking segment includes current account activities, deposits, debit current accounts, loans, credit facilities and financial derivatives to large, medium and small entities. The Retail Banking segment includes current account activities, deposits, savings, credit cards, personal loans and real estate loans. The Other Businesses segment include other banking activities such as fund management. As of Dec 31 2011, Co.'s total assets was LE62,552,216,903.

See profile

EGS60081C014 Egyptian Exchange Egypt

Provider

TheScreener

Empowering Investors

theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals. Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.

Worldwide coverage: theScreener analyses cover around 6'500 Stocks, i.e 95% of the world Market Capitalization. theScreener state of art: We provide
theScreener state of art: We provide easy to use and complete analyses over Stocks, including Fundamentals / Technical / Risk/ Peer / Alternatives analyses.
For Research Pool community, we provide twice a week around 500 new equity analyses. We produce analyses about equities which have been upgraded or downgraded.

See profile

Other Reports on these Companies

Tellimer

Egypt Banking Sector 2023: Attempting to counterbalance macro factors

Please find attached our banking sector update for 2023, in which we present: Sector Outlook, Hopes, Fears, and Picks * Sector Outlook, Hopes, Fears, and Picks * Valuation and Multiples Interbank Comparison * Market Share and Utilization * Balance Sheet * Income Statement * Capital Adequacy * Tax Law Calculation Individual Banks Fundamental Review * Commercial International Bank (COMI) * Qatar National Bank (QNBA) * Credit Agricole Egypt (CIEB)...

PREMIUM

December 28, 2022 December 28, 2022 1 EN

Tellimer

QNB Alahli: 3Q22 – Strong annual growth; sequentially stable due to provisioning spike

ROBUST MARGINS FAIL TO BOOST EARNINGS AS OPEX, PROVISIONS, AND EFFECTIVE TAX RATE SURGE SEQUENTIALLY; LENDING GROWS QNBA 3Q22 bottom line came in at EGP2,577 million (+1% q/q, +35% y/y), bringing 9M22 bottom line to EGP 7,332 million (+22% y/y). Annual growth was supported by robust margins that trickled down to the bottom line supported by non-interest income and lower OPEX despite a surge in provisions and effective tax rate. Sequential limited growth was caused by: 1) lower investment inc...

PREMIUM

October 11, 2022 October 11, 2022 1 EN

CI Capital

Egypt banks | Higher RRR: A manageable headwind; flag CAE

Higher RRR is negative, at face value, … On 22 September, the CBE hiked the reserve requirement ratio (RRR) on short-term LCY deposits by 4pp to 18.0% in effort to tighten liquidity and combat inflationary pressures. We calculate this should result in the absorption of cEGP150bn in excess liquidity from the system, which would be deposited at the CBE with no return. The RRR on FCY deposits was maintained at 10%. We expect banks will satisfy the higher liquidity requirement mainly through reducing their interbank assets (c18% of system assets) and to a lesser extent their treasury holdings (c37...

EUR 21.80

September 28, 2022 September 28, 2022 6 EN

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

AC ENERGY CORP (PH), a company active in the Alternative Electricity industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 4 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date April 8, 2022, the closing price was PHP 8.54 and its expected value was estimated at PHP 8.53.

Free Trial

April 9, 2022 April 9, 2022 1 EN

With a more favourable environment, VUKILE PROPERTY improves to Positive

VUKILE PROPERTY (ZA), a company active in the Real Estate Holding & Development industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date April 5, 2022, the closing price was ZAR 13.72 and its potential was estimated at ZAR 15.16.

Free Trial

April 6, 2022 April 6, 2022 1 EN

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of ROYAL BAFOKENG PLATINUM (ZA), active in the Platinum & Precious Metals industry. As regards its fundamental valuation, the title still shows 0 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date April 5, 2022, the closing price was ZAR 159.78 and its target price was estimated at ZAR 127.50.

Free Trial

April 6, 2022 April 6, 2022 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

QATAR NATIONAL BANK reduced its risk exposure resulting in an upgrade to Slightly Positive

Empowering Investors

Egypt Banking Sector 2023: Attempting to counterbalance macro factors

QNB Alahli: 3Q22 – Strong annual growth; sequentially stable due to provisioning spike

Egypt banks | Higher RRR: A manageable headwind; flag CAE

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe