Emirates NBD Q2 2022 Financial Results
Capital adequacy
Capital (AED billion)
86.1
5.3
9.1
71.7
(0.2)
(0.4)
67.5
4.8
CET1
31-Dec-21
Net
earnings
Interest
on AT1
ECL
add-back
CET1
30-Jun-22
T1
T2
Capital
30-Jun-22
Highlights
Income
Risk
Expenses
Capital
Liquidity
Divisional
Key Highlights
• CET-1 ratio stable at 15.0% during 2022 as
AED 4.8bn of net earnings largely offset
•
-
AED 0.4bn reduction in ECL addback
7% increase in RWAs as strong growth in retail and a range of
corporate sectors more than offset Sovereign repayments
Capital ratios well above 11% / 12.5% / 14.5% CBUAE min. requirement
•
CET-1 at 14.5% excluding ECL regulatory add-back
• IAS 29 hyperinflation adjustment is capital neutral
Risk Weighted Assets (AED billion)
Capital Ratios %
+7%
479.2
453.3
451.1
457.9
446.4
19.2
18.7
18.3
T2%
1.1
18.1
18.0
DenizBank
117.3
1.1
1.1
121.7
120.4
110.5
113.1
2.0
1.1
1.1
2.0
AT1%
2.1
2.0
1.9
Operational Risk
30.8
31.3
31.3
30.8
30.8
11.2
Market Risk
12.9
11.0
9.6
10.4
CET1%
15.6
16.1
15.1
15.0
15.0
Credit Risk
287.4
288.3
295.5
303.6
320.0
Q2 21
Q3 21
Q4 21
Q1 22
Q2 22
Q2 21
Q3 21
Q4 21
Q1 22
Q2 22
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