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19 April 2017
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Important Information
Disclaimer
The material in this presentation is general background information about the activities of Emirates NBD Bank PJSC (Emirates NBD), current at the
date of this presentation, and believed by Emirates NBD to be accurate and true. It is information given in summary form and does not purport to
be complete. Some of the information that is relied upon by Emirates NBD is obtained from sources believed to be reliable, but Emirates NBD (nor
any of its directors, officers, employees, agents, affiliates or subsidiaries) does not guarantee the accuracy or completeness of such information,
and disclaims all liability or responsibility for any loss or damage caused by any act taken as a result of the information. The information in this
presentation is not intended to be relied upon as advice or a recommendation to investors or potential investors and does not take into account the
investment objectives, financial situation or needs of any particular investor. An investor should seek independent professional advice when
deciding if an investment is appropriate.
Due to rounding, numbers and percentages presented throughout this presentation may not add up precisely to the totals provided.
There are several factors which could cause actual results to differ materially from those expressed or implied in forward-looking statements, such
as changes in the global, political, economic, business, competitive, market and regulatory forces; future exchange and interest rates; changes in
tax rates; and future business combinations or dispositions.
Emirates NBD undertakes no obligation to revise or update any statement, including any forward-looking statement, contained within this
presentation, regardless of whether those statements are affected as a result of new information, future events or otherwise.
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Emirates NBD delivered a solid set of results in Q1-17 amid a challenging environment
Q4 16 Loan Yield Deposit Treasury Q1 17 Q1-16 Loan Yield Deposit Cost Treasury Q1-17
Cost & Other & Other
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Q4 14 Q1 15 Q2 15 Q3 15 Q4 15 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17
Maturity profile for 2017 and 2018 affords the Group ability to Target range AD Ratio
consider public and private debt issues opportunistically
Composition of Liabilities/Debt Issued (%) Maturity Profile of Debt Issued (AED Bn)
Liabilities (AED 398.6 Bn) Debt/Sukuk (AED 41.7 Bn)
Syn bank Maturity Profile of Debt/Sukuk Issued
Banks borrow. 100% = AED 41.7 Bn
5% 2% 12.8
Others
5% Loan secur.
0%
Customer Debt/Sukuk Sukuk 6.0 5.4 5.1 4.8
deposits 10% 1% 3.7
80% EMTNs 3.1
7% 0.6 0.2 0.1 0.1
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
*Including cash and deposits with Central Banks but excluding interbank balances and liquid investment securities
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Capital Adequacy
Highlights Capitalisation
20.3 20.5 20.5 21.2 20.2
In Q1-17, Tier 1 ratio decreased by 0.9% to 17.8% and
CAR decreased by 1.0% to 20.2% due to: 17.6 17.9 17.8
18.0 18.7
- Annual dividend payment exceeding Q1-17 retained 50.2 51.8 53.5 54.4 53.4
profit 6.6 6.6 6.7 6.5 6.4
- Marginal increase in credit and market risk weighted
assets 43.6 45.3 46.8 47.8 47.0
Q1 16 Q2 16 Q3 16 Q4 16 Q1 17
T2 T1 T1 % CAR %
Non-Interest Income
696 726 1
696 777 749
Q1 16 Q2 16 Q3 16 Q4 16 Q1 17
Forex, Rates & Other Fee Income
Brokerage & AM fees Trade finance
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88 99 98 97 107 1 89 100 86 90
89 269
215 212 206 202
Q1 16 Q2 16 Q3 16 Q4 16 Q1 17
Credit Quality
Q4 14 Q1 15 Q2 15 Q3 15 Q4 15 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17
NPL ratio Coverage ratio
0.5 0.6 0.7 0.6 0.7 0.7 0.7 0.8 0.8 0.8 0.8
0.4 0.6 0.7 0.7 0.8
4.9 0.1 5.3 0.1 5.8 5.9 5.5 0.1 5.6 0.1 5.5 0.1 5.6 0.1 4.3 4.7 4.6 5.0 4.8 5.0 4.8 4.7
0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Q2 15 Q3 15 Q4 15 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17 Q2 15 Q3 15 Q4 15 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17
Divisional Performance
RBWM revenues increased 3% q-o-q and 10% y-o-y Balance Sheet Trends Revenue Trends
In Q1-17, fee income grew 5% y-o-y and accounted for AED Bn +5% AED Mn
37% of total RBWM revenue
+2% +3%
Wealth Management
Islamic Banking revenues increased 14% q-o-q and Balance Sheet Trends Revenue Trends
held steady y-o-y AED Bn -1% AED Mn +14%
Financing receivables declined 2% from end 2016 due
-2% 602 599
to a slowdown in new business being underwritten as
527
Islamic Banking
Wholesale Banking revenues increased 13% q-o-q Balance Sheet Trends Revenue Trends
and 4% y-o-y AED Bn -3% AED Mn
Loans grew 2% from end 2016 due to growth in real +2% +13%
estate, trade and FI sectors
Wholesale Banking
GM&T revenues increased 729% q-o-q and 10% y-o-y Revenue Trends
AED Mn
NFI increased 102% q-o-q and 22% y-o-y +729%
Global Markets & Treasury
Q1 16 Q4 16 Q1 17
NFI NII
Investor Relations
PO Box 777
Emirates NBD Head Office, 4th Floor
Dubai, UAE
Tel: +971 4 201 2606
Email: IR@emiratesnbd.com