ADIB 9M 2023 Earnings Report
= UAE Banking Sector Update (2)
Moderation of sector liquidity, higher rates environment improving profitability
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مصرف أبوظبي الإسلامي
ADIB
Capitalization (%)
Liquidity (%)
19%
90%
79.1%
76.4%
75.6%
17.8%
74.8%
17.5%
18%
17.4%
18.2%
80%
73.8%
70%
17%
16.9%
17.0%
60%
50%
16%
15.8%
16.6%
16.3%
40%
16.2%
15.3%
15%
30%
18.0%
17.3%
19.1%
19.7%
20.8%
20%
14%
14.0%
14.8%
14.5%
14.4%
10%
13%
0%
2Q 22
3Q 22
4Q 22
1Q 23
2Q 23
1H 22
9M 22
FY 22
1Q 23
1H 23
⚫CET1 ratio
-T1 ratio
CAR ratio
Lending to Stable Resources Ratio
Eligible Liquid Assets Ratio (ELAR)
Interest Rates (%)
6%
Yield and Funding Cost (%)
5.15%
5.31%
7%
6.30%
6.60%
6.00%
4.90%
6%
5%
5.10%
4.94%
5.06%
5%
4.30%
4%
4.70%
4%
2.59%
3%
1.95%
3%
2%
2.00%
2.20%
2.30%
1.40%
2.38%
2%
1%
1.77%
1%
0.90%
0%
0%
9M 22
FY 22
1Q 23
1H 23
9M 23
1H 22
9M 22
FY 22
1Q 23
1H 23
LIBOR: USD 3M Average
Sources: UAE Central Bank, S&P Capital IQ
EIBOR: AED 3M Average
Average cost on bank deposits
Average yield on credit
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