Emirates NBD 2014 Achievements and Strategic Update
Divisional Performance
Retail Banking &
Wealth Management
Islamic Banking
Revenue improved 8% y-o-y
Deposits grew 12% from end 2013 driven by
CASA growth
Loans grew 11% from end 2013 driven by
growth in credit cards, auto loans, personal
loans, overdrafts and time loans
• The bank has improved its distribution as part of
its channel optimization strategy and had 526
ATMs and 98 branches as at 31-December
RBWM offers best-in-class online and mobile
banking solutions and in 2014 launched various
innovative services such as the e-IPO platform
.
Islamic Banking revenue improved 34%
Financing receivables grew by 14% in 2014
mainly due to increases in Murabaha financing
• Customer accounts declined by 6% in 2014
mainly due to repayment of MoF Tier 2 deposit
At Q4-14, El had 56 branches and an ATM &
CDM network of 174
Islamic Banking business continues to develop
through a strengthened core franchise coupled
with an expansion of retail, SME, and corporate
offerings
Balance Sheet Trends
AED Bn
+12%
+11%
113.5
101.1
Emirates NBD
Revenue Trends
AED Mn
+8%
5,621
5,196
1,535
1,915
27.4
30.3
3,661
3,706
2013
2014
Loans
Deposits
2013
2014
NFI
NII
Balance Sheet Trends
AED Bn
-6%
Revenue Trends
AED Mn
+14%
+34%
30.0
27.3 28.3
1,993
24.0
1,484
326
591
1,403
1,158
2013
2014
2013
2014
Financing Receivables
NFI
NII
Customer Accounts
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