Investor Presentation Q3 2021
Emirates NBD delivers strong performance in Q3 2021 on improving economic conditions
Key Highlights
AED
Strong performance recovery trend with Q3 2021 profit USD 0.7bn, and
USD 2.0bn YTD, up 29%
Key Metrics Q3-21 YTD
Net Profit
USD 2.0bn
+29% y-o-y
CET 1
16.1%
AED
AED
UAE economic activity picking up and improving as Expo 2020 begins
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 strong results in Turkey
NIM
2.51%
2021 Guidance: 2.45-2.55% ↑
Cost to Income
33.1%
2021 Guidance: Within 35%
LCR
157.2%
Loan Growth
-1%
2021 Guidance: Low-single Digit
Diversified balance sheet and capital base remain a core strength of the
Group
NPL
6.2%
2021 Guidance: mid-6%
NPL Cover
126.7%
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