Credit Quality and Financial Performance
Divisional Performance
Wholesale Banking
Consumer Banking &
Wealth Management
■ Key focus during the period was on balance sheet optimisation,
continued proactive management of credit quality, building non-
risk based and fee generating businesses
■ Revenue declined 7% year-on-year due to a decline in fee
income
▪ Loans were stable from end-2010 as a pickup in new
underwriting was evident in Q1 2011
USD billion
USD million
-7%
46.6
43.9
43.7
301
291
279
27.4
24.5
25.6
Dedicated focus on liquidity management resulting in strong 7%
growth in deposits during Q1 2011
Q1 10
Q4 10
Q1 11
Q1 10
Q4 10
Q1 11
Loans
■Deposits
■Revenue
▪ CWM maintained its position in challenging market conditions
■ Continued expansion in Private Banking business; now 62 RMs;
Private Banking customer deposits continued to grow
■ Revenue improved 5% year-on-year due to a 19% growth in fee
income and stable net interest income
Deposits grew 7% from end-2010
■ Total number of branches at Q1 2011 totaled 109 through the
addition of 2 branches in Dubai and 2 branches in Abu Dhabi.
■ The ATM & SDM network totals 626 at Q1 2011
Emirates NBD
USD billion
USD million
+5%
19.3
237
18.0
226
215
15.3
5.7
4.8
4.7
Q1 10
Q4 10
Q1 11
Q1 10
Q4 10
Q1 11
■Loans
■Deposits
■Revenue
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