Q2-18 Financial Results Highlights
Operating Environment
Emirates NBD
19
Credit Quality
Highlights
•
NPL ratio was steady at 6.0% in Q2-18
Impaired loans steady in 2018 helped by AED 840 Mn of
write backs & recoveries
Impaired Loan & Coverage Ratios (%)
120.1 122.5 123.5 124.9 124.5
127.9 128.4
111.5
99.6
76.1
66.2
H1-18 annualized loan cost of risk at 55 bps continued to
moderate as net impairment charge of AED 755 Mn
improved 40% y-o-y
59.8
'57.5
49.4
43.4
13.9
4.3
4.0 3.6
Coverage ratio strong at 128.4%
Stage 1 & 2 ECL allowances amount to AED 7.2 Bn or 3.1%
of credit RWA
7.9
7.1
6.4 6.3 6.1 6.1
6.2
6.0 6.0
9.5
10.3 10.3
Strategy
Financial & Operating Performance
Emirates NBD Profile
Appendix
Impaired Loans and Impairment Allowances (AED Bn)
Impaired Loans
13.8
14.0
13.7
13.8
13.7
14.0
15.1
15.0
Q4 11 Q4 12 Q4 13 Q4 14 Q4 15 Q4 16 Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18
Impact of DW %
NPL ratio
Coverage ratio, excl. DW %
Coverage ratio
+1%
+1%
20.1
20.3
20.1
20.2
20.1
20.3
20.3
20.5
24.3
24.3
24.7
24.9
25.2
25.3
26.0
26.3
Impairment Allowances
0.7
0.7
0.7
0.7
0.7
0.8
0.5
0.5
0.8
0.8 0.8
0.8
0.9 0.9
1.2
1.2
5.6
5.5
0.1
5.6
5.6
5.6
5.5
4.7 0.0
5.0 0.0
5.0
4.8
0.1
4.7
4.7
4.9 0.0
4.6
6.0
6.0
-0.1
0.1
-0.1
-0.1
-0.1
-0.14
-0.1
-0.1
-0.0
Q3 16
Q4 16
Q1 17
Q2 17
Q3 17
Q4 17
Q1 18
Q2 18
Q3 16
Q4 16
Q1 17
Q2 17
Q3 17
Q4 17
Q1 18
Q2 18
Core Corporate
Retail
Islamic
Other Debt Securities
18.8
19.2
18.5
18.7
19.1
19.3
19.3
19.7View entire presentation