Investor Presentation
Capital ratios extremely strong
Capital
(AED bn)
76.6
5.9
105.0
9.1
14.6
90.0
(0.4)
(0.8)
CET1
31-Dec-22
Net Earnings
Interest
on AT1
ECL
CET1
add-back 30-Sep-23
T1
T2
Capital
30-Sep-23
Risk Weighted Assets
(AED bn)
Key Highlights
CET-1 ratio improved by 1.5% to 16.9% during 9M'23 as the AED 14.6 bn increase in
net earnings more than offsets a 7% increase in RWAS
•
Capital ratios well above 11% / 12.5% / 14.5% CBUAE min. requirement
.
CET-1 at 16.4% excluding ECL regulatory add-back
•
IAS 29 hyperinflation adjustment is capital neutral
Capital Ratios (%)
19.5
19.7
7%
18.5
18.3
18.7
1.1
1.1
1.1
1.1
1.1
1.8
1.7
1.9
1.8
1.8
533
490
499
515
508
123
132
139
129
138
31
33
33
33
33
15.5
15.4
15.8
16.6
16.9
11
11
12
12
12
326
323
331
334
351
Q3-22
Q4-22
Q1-23
Q2-23
Q3-23
Q3-22
Q4-22
Q1-23
Credit Risk
Market Risk
Q2-23
Operational Risk
Q3-23
■CET1%
AT1%
T2%
DenizBank
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