Q2-16 Financial Results Highlights
Appendix
Strategy
Financial & Operating Performance
Emirates NBD Profile
Operating Environment
Credit Quality
Highlights
•
NPL ratio improved to 6.6%
Impaired loans improved to AED 20.4 Bn helped by AED
1,318 Mn of write backs & recoveries in H1-16
Impaired Loan & Coverage Ratios (%)
118.5
114.5
109.0
111.5
113.5
103.2
99.6
92.0
85.4
70.3
64.7
• 1H-16 cost of risk at 94 bps (annualized) continued to
normalize in Q2-16 as net impairment charge of AED 1,456
million in H1-16 improved 27% y-o-y
13.5
12.6
3.5
3.1
•
Coverage ratio increased to 118.5%
7.9
7.8
7.4
7.1
7.1
6.9
6.6
Total portfolio impairment allowances amount to AED 7.1
Bn or 3.16% of credit RWAS
10.0
9.5
Q2 14
Q3 14 Q4 14 Q1 15
Impact of DW %
NPL ratio
Q2 15 Q3 15 Q4 15
Coverage ratio, excl. DW %
Coverage ratio
Q1 16
Q2 16
Impaired Loans and Impairment Allowances (AED Bn)
Impaired Loans
Impairment Allowances
34.4
24.2
0.4
21.0
21.9
22.5
23.3
23.2
23.9
24.1
+1%
8.5
-3%
21.1
21.2
20.6
20.3
20.8
21.0
20.4
15.2
15.8
16.2
16.9
17.6
17.8
17.8
18.0
18.5
15.3
15.4
15.2
14.4
14.4
14.3
14.1
3.9
3.8
0.4
0.5
0.4
0.5
0.6
0.7
0.6
0.5
0.5
0.6
0.7
0.7
0.8
0.8
6.1
5.3
0.1
5.2
0.1
4.9
5.3
0.1
5.8
0.1
5.9
0.1
5.5 0.1
4.5
4.2
4.3
4.3
4.7
4.6
5.0
4.8
0.2
-0.1
-0.15
-0.1
-0.1.
-0.1
-0.1
-0.1.
-0.1
0.1
Q3 14
Q4 14
Q1 15
Q2 15
Q3 15
Q4 15
Q1 16
Q2 16
Q3 14
Q4 14
Q1 15
Q2 15
Q3 15
Q4 15
Q1 16
Q2 16
DW
Core Corporate
Retail
Islamic
Other Debt Securities
Emirates NBD
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