RAKBANK Investor Presentation - Q4/12M 2021
RAKBANK Investor Presentation - Q4/12M 2021
Performance highlights
Income Statement [AED Mn]
RAKBANK
Simply Better
Quarterly Results
Full year results
Income Statement Highlights
Net Interest Income
Non-Interest Income
Q4'21 Vs
Q4'21
Q4'20
FY2021
FY2020
Variance
FY21 Vs FY20
Q4'20
547.2
561.8
2,168.4
2,525.6
(2.6%)
245.3
245.8
1,062.1
1,038.4
(0.2%)
(14.1%)
2.3%
Total Income
792.4
807.6
3,230.5
3,564.0
(1.9%)
(9.4%)
Operating Expenditures
(371.1)
(363.7)
(1,395.6)
(1,395.3)
(2.0%)
0.0%
Operating Profit before impairment provisions
421.3
443.9
Provisions for Impairment
Net Profit
(197.7)
223.6
(377.1)
66.7
1,835.0
(1,076.7)
758.3
2,168.7
(1,663.3)
(5.1%)
(15.4%)
47.6%
35.3%
505.4
235.1%
50.0%
Key Ratios [%]
Balance Sheet Highlights [AED Bn]
Amounts as at
Variance
Results as at
Variance
Key Ratios
Dec'21
Sep'21
Dec'20
QoQ
YOY
Return On Equity*
9.5%
9.0%
6.5%
0.5%
3.0%
Balance Sheet items
Total Assets
Dec '21
Sep '21
Dec'20
Q-O-Q
Y-O-Y
56.3
54.5
52.8
3.3%
6.7%
Return On Assets *
1.4%
1.4%
0.9%
0.0%
0.5%
Gross Loans & Advances
34.2
33.5
32.2
2.1%
6.1%
Net Interest Margin*
4.1%
4.1%
4.6%
(0.0%)
(0.5%)
Deposits
37.6
37.0
36.9
1.8%
1.9%
Cost-to-Income
43.2%
42.0%
39.2%
(1.2%)
(4.0%)
Gross Customers Assets
40.9
40.1
37.5
2.0%
9.0%
Provision Coverage Ratio
133.7%
134.3%
129.4%
(0.6%)
4.3%
Gross Impaired Loans Ratio
4.1%
4.5%
5.2%
0.4%
1.0%
LSRR
82.9%
83.9%
80.7%
1.0%
(2.2%)
Liquid Asset Ratio (ELAR)
11.6%
10.4%
14.5%
1.2%
(2.9%)
Total CAR Basel III**
17.0%
17.8%
18.6%
(0.8%)
(1.6%)
Note: Numbers may not add up due to rounding. Figures having adverse variance are shown by ()
*Annualized for Sep'21
**post Prudential Filter
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