3Q 2023 INVESTOR PRESENTATION
Guidance
Acceleration of strategic execution drives a promising outlook for 2023.
3Q 2023A
Drivers
Balance Sheet
+15%
Financing Growth
YTD
Strong Mid-Corp, SME & Retail growth from strategic initiatives;
pick up in corporate financing
Net Profit Margin
3.81%
+22bps YoY
Rising rates and funding mix supportive of improving margin
Profitability
Cost to Income Ratio
31.7%
Growth in income, digitization & process optimization driving
efficiencies, partly offset by strategic investments
مصرف الإنماء
alinma bank
2023G
High teens
+20bps to +30bps
(Revised from +30bps to +40bps)
Below 32%
Return on Equity
17.0%
Above 17%
Improving NPM, efficiency and COR driving improving ROE
Asset Quality
Cost of Risk
0.79%
Cautiously expecting stable credit quality and NPL coverage,
leading to COR moderation
65-75bps
Capital
CAR Pillar 1
3Q 2023 INVESTOR PRESENTATION
17.5%
Increasing RWAs from strong expected financing growth
17%-18%
Return on Equity Target for 2025 above 18%
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