Emirates NBD Financial Performance and Market Update
Appendix
Strategy
Credit Quality
Highlights
•
•
NPL ratio improved to 6.1%
Impaired loans were steady at AED 20.2 Bn during 2017
helped by AED 696 Mn of write backs recoveries in H1-17
H1-17 cost of risk at 76 bps (annualized) continued to
improve as net impairment charge of AED 1,260 Mn
improved 13% y-o-y
Coverage ratio strong at 123.5%
Total portfolio impairment allowances amount to AED 7.4 Bn
or 3.18% of credit RWAS
Financial & Operating Performance
Emirates NBD Profile
Operating Environment
Emirates NBD
18
Impaired Loan & Coverage Ratios (%)
111.5 113.5
118.5 120.8
120.1 122.5 123.5
99.6
76.1
66.2
59.8
49.4
57.5
43.4
13.9
4.3
4.0
3.6
7.9 7.1
6.9
6.6
6.4
6.4
6.3
6.1
9.5
10.3 10.3
Q4 11
Q4 12 Q4 13 Q4 14 Q4 15 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17 Q2 17
Impact of DW %
NPL ratio
Coverage ratio, excl. DW %
Coverage ratio
Impaired Loans and Impairment Allowances (AED Bn)
Impaired Loans
Impairment Allowances
+1%
20.3
20.8
21.0
-1%
23.3
23.2
23.9
24.1
24.3
24.3
24.7
24.9
20.4
20.1
20.3
20.1
20.2
14.4
14.4
14.3
14.1
13.8
14.0
13.7
13.8
17.8
17.8
18.0
18.5
18.5
18.7
19.1
19.3
0.5
0.6
0.7
0.6
0.7
0.7
0.7
0.7
0.7
0.7
0.8
0.8'
0.8
0.8
0.8
0.8
5.3
0.1
5.8
5.9
5.5
0.1
5.6 0.1
5.5 0.1
5.6 0.1
5.6 0.1
4.7
4.6
5.0
4.8
5.0
4.8
4.7
4.7
-0.1
-0.1
-0.1
0.1
-0.1-
-0.1
-0.1
-0.1
-0.1
-0.1
Q3 15
Q4 15
Q1 16
Q2 16
Q3 16
Q4 16
Q1 17
Q2 17
Q3 15
Q4 15
Q1 16
Q2 16
Q3 16
Q4 16
Q1 17
Q2 17
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