Investor Presentaiton
UAE Banking Market Update
Emirates NBD
Highlights
UAE Banking sector is the largest by assets in the GCC; sector is
dominated by 23 local banks which account for more than 75% of
banking assets; 28 foreign banks account for the remainder
In the past couple of years the Central Bank of the UAE has sought to
play a stronger role in the oversight and governance of the Banking
Sector in the UAE
This has resulted in a new regulatory regime with various regulations
being considered covering areas such as liquidity risk, large exposures
and mortgage caps amongst others.
AED Bn
UAE Banking Sector Growth (AED Bn)
2,500
2,000
1,500
1,000
500
0
2002 33
273
2003 36
321
2004 448
■Banking Assets
■Nominal GDP
643
1,223
758
1,456
1,157
387
639
2005 506
2006 859
954
2010
2011
2012
2013
1,479
2014
2,237
1,559
Composition of UAE Banking Market (AED
Bn)
Gross Loans
268
1,165
1,433
GCC Banking Market
UAE(1)
Banking Assets
USD Bn
KSA
Deposits 253
1,147
1,400
Assets
348
1,889
Emirates NBD
Other Banks
Source: UAE Central Bank Statistics as at Jun 2014, ENBD data as of H1 2014.
Qatar
Kuwait
Bahrain(2)
48
Oman
64
Assets
% GDP(3)
609
547
71
260
198
73
143
120
106
138
1) Includes Foreign Banks; 2) Excludes Foreign Banks; 3) GDP data is for FY 2014 forecasted.
Oman, UAE and Kuwait as at Jun 2014; Qatar and KSA as at Jul 2014 and Bahrain as at May
2014; Source: UAE Central Bank; National Central Banks and Emirates NBD forecasts
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