Investor Presentaiton
Emirates NBD delivers strong performance in 2021 on improving economic conditions
Key Highlights
AED
Strong performance recovery trend with FY 2021 profit USD 2.5bn, up 34%
Key Metrics & Guidance
Net Profit
USD 2.5bn
+34% y-o-y
CET 1
15.1%
AED
AED
UAE economic activity picking up helped by Expo 2020
Continued strong underlying business momentum with record demand for
retail financing
International expansion continues with additional KSA branches, approval
for further branches in India and significant contribution from DenizBank
Diversified balance sheet and capital base remain a core strength of the
Group
NIM
2.53%
Guidance 2021 / 22:
2.45-2.55% / 2.55-2.65%
Cost to Income
33.5%
Guidance 2021 / 22:
Within 35% / within 35%
NPL
6.3%
Guidance 2021 / 22:
mid 6% / mid 6%
LCR
177.6%
Loan Growth
-5%
Guidance 2021 / 22:
Low-single digit / Low-single digit
NPL Cover
127.5%
COR Guidance 2021 / 22:
100-125 bps / 100-125 bps
12View entire presentation