Emirates NBD Financial Performance and Market Update
Appendix
Strategy
Financial & Operating Performance
Emirates NBD Profile
Global Markets & Treasury
Operating Environment
Divisional Performance (cont'd)
Wholesale Banking
Wholesale Banking revenues increased 12% q-o-q
and 11% y-o-y
Loans grew 7% from end 2016 due to growth in real
estate, trade and FI sectors
Deposits held steady from end 2016
Net Interest Income grew 20% y-o-y reflecting
improved loan yields and better cost of funding as high
yield deposits rolled off
Focus in 2017 on enhancing customer service quality
in key sectors, share of wallet, increased cross-sell of
Treasury and Investment Banking products and larger
Cash Management and Trade Finance penetration
GM&T revenues increased 9% y-o-y and declined
26% q-o-q
NII showed strong growth due to positioning of
balance sheet and higher interest rates in H1-17
NFI decreased 53% q-o-q and 38% y-o-y largely due
to decline in trading and investment revenues from
Credit Derivatives and FX Trading due to increased
volatility in regional and global markets
Sales revenues saw strong growth due to higher
volumes in FX products
Balance Sheet Trends
Emirates NBD
Revenue Trends
AED Bn
0%
AED Mn
+7%
+12%
225.9
1,276
211.5
1,146
1,142
325
352
318
100.1
99.9
950
794
824
Q4-16
Loans
Q2-17
Deposits
Q2 16
Q1 17
Q2 17
NFI
NII
Revenue Trends
AED Mn
-26%
175
118
129
168
79
126
•
Global Funding raised AED 4.8 Bn of term debt via
private placements
Q2 16
Q1 17
Q2 17
NFI
NII
50
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