Q1 2022 Results Presentation
Group Strategy Statement
Emphasizes Digital Transformation and our Acquisition in Egypt
Strategic intent
Values
Client Centric
MENA's leading international Bank
Collaborative
Bank ABC
Consistent
Strategic
objectives
Build our Digital Bank
of the Future
/ Modernize the
existing bank
/ Transition Group
Retail into ila
/ Build WB Digital
/ Leading Digital
Payment Solutions
Refocus our
Wholesale Banking
Transformation
/ Refocus on selective
corporate growth
/ Reinvigorate
Financial Markets
and Transaction
Banking products
/ Refresh Europe
Strategy
Integrate BBE to
deepen Market
Presence in Egypt
/Integrate BBE with
ABC Egypt
/ Build Egypt to be
a primary engine
of profit growth
for the Group
Strengthen our
Organizational
Resilience
Operational
resilience
/ Risk & Financial
resilience
Progress in
Q1 2022
/ ila continues to gain
market share in
Bahrain and is on
track to launch in
Jordan
/ AFS capital injection
effected
/ Post pandemic
expansion of
corporate
customers base
continues
/ Strong deal pipeline
prospects for rest
of year
/ Intensive
interaction with
CBE and other
regulators for
merger approval
/ Post legal day 1
(LD1) integration
planning continues
/ AT1 capital $390m
issued, post EGM
approval
/ S&P recognized
balance sheet
strength, upgraded
outlook to stable,
affirmed BBB- rating
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