Investor Presentaiton
Wholesale Banking
Appendix
Strategy
Financial & Operating Performance
Emirates NBD Profile
Operating Environment
Global Markets & Treasury
Divisional Performance (cont'd)
Emirates NBD
Wholesale
Banking revenues
grew
15% q-o-q
• Loans grew 1% from end 2014
Deposits also grew by 1% from end 2014
• Focus during 2015 is on enhancing customer
service quality in key sectors, share of
wallet, increased cross-sell of Treasury and
Investment Banking products and larger
Cash Management and Trade Finance
penetration
Balance Sheet Trends
AED Bn +1%
Revenue Trends
AED Mn
+1%
187.0
188.0
+15%
1,246
1,146
1,084
349
331
347
91.8
92.7
815
898
737
•
Revenue at AED 105 Mn declined 34% q-o-q
NII fell as some balance-sheet hedges rolled off
and the size of the investment portfolio reduced.
Sales revenue grew on higher volumes in
Interest Rate hedging products and Foreign
Exchange Sales. Trading revenues increased as
the Foreign Exchange trading desk delivered a
strong performance.
• GMT expects Sales & Trading revenues to be
strong in 2015 as more corporate clients look to
hedge their interest rate exposures on the
expectation that global interest rates will start to
rise
Q1 14
Q4 14
Q1 15
Q4 14
Loans
Q1 15
Deposits
NFI
NII
Revenue Trends
AED Mn
244
-34%
160
105
182
113
163
63
47
-58
Q1 14
Q4 14
Q1 15
NFI
NII
23
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