Emirates NBD Digital Banking Innovation Update
NIMs trending towards top end of guidance
Net Interest Margin (%)
Quarterly NIM --YTD NIM
3.57
Highlights
2.47
3.09
2.89
2.82
3.10
2.65
2.65
2.59
2.60
2.86
Fed Funds Upper Bound
2.51
2.53
1.5%
2.5%
1.75%
0.25%
0.25%
0.25%
0.50%
2017
2018
2019
2020
Q3 21
Q4 21
Q1 22
1.75%
Q2 22
3.25%
Q3 22
NIM drivers 9M-22 vs 9M-21 (%)
2.51
3.10
(0.07)
(0.15)
0.17
0.64
9M 21
Loan Yield
Deposit Cost
Emirates NBD
Treasury,
& Other
Income
Liquidity
Risk
Expenses Capital Divisional
Key Highlights
9M'22 NIM improved 59 bps y-o-y due to rate rises and improving
DenizBank NIMS
Q3-22 NIM up 48 bps q-o-q on ENBD's improved loan and deposit mix
Loan yields up 94 bps on higher retail balances and rising interest
rates as 3m EIBOR increased 85bp in Q2 and 168bp Q3
DenizBank margins stable in Q3 as impact of new regulations
designed to encourage lower lending rates begin to take affect
NIM drivers Q3-22 vs Q2-22 (%)
3.09
(0.25)
(0.17)
3.57
0.94
(0.05)
DenizBank
9M 22
Q2 22
Loan Yield
Deposit Cost
Treasury
DenizBank
Q3 22
& Others
Emirates NBD
16View entire presentation