Emirates NBD Q1 2023 Financial Highlights
Improving loans and deposit mix
Gross Loans by Type* (AED bn)
Key Highlights
Gross lending up 3% in Q1-23
Retail lending up 6% with strong demand across all products
Corporate lending up 1%
- DenizBank's gross loans up 6% after FX
Deposit mix remained healthy in Q1-23 with an impressive AED 19bn increase in
CASA balance demonstrating our market understanding and penetration and strong
UAE liquidity
- CASA represents 60% of total Group deposits
DenizBank's deposits up 27% y-o-y
1%
.
463
463
457
470
456
65
66
66
69
73
88
91
94
DenizBank
95
101
Retail
139
124
114
113
116
■Sovereign
■Corporate
170
182
183
179
180
-
Q1-22
Deposits by Type (AED bn)
Q2-22
Q3-22
Q4-22
Q1-23
15%
Gross Loans by Sector (%)
538
Agri 1%
503
469
468
481
Other 3%
89
82
Manuf. 5%
70
73
79
22
DenizBank
19
10
13
16
Trans & Services 10%
133
Other
117
118
114
128
Trade 7%
Time
Construction & Hotel 5%
FI & Mgmt Cos 9%
■CASA
272
264
272
274
293
Real Estate 10%
Q1-22
Q2-22
Q3-22
Q4-22
Q1-23
* EI loans re-segmented under relevant sectors
Net Loans by Geography (%)
Sovereign
25%
Personal
26%
International 25%
GCC 2%
UAE 73%
21View entire presentation