Emirates NBD Q1 2022 Financial Results
Capital adequacy
Capital (AED billion)
•
82.7
5.1
9.1
67.5
2.7
(1.0) -
68.5
(0.1)
(0.6)
CET1
31-Dec-21
Profit
OCI and
Others
Interest
on AT1
ECL CET1
add-back 31-Mar-22
T1
T2
Capital
31-Mar-22
Risk Weighted Assets (AED billion)
Highlights
Income
Expenses
Risk
Capital
Liquidity
Divisional
Key Highlights
CET-1 ratio marginally lower by 0.1% during 2022 as
-
AED 2.7bn of retained earnings largely offset
AED 1.0bn impact on currency translation reserve and others
-
AED 0.6bn reduction in ECL addback
-
3% increase in RWAS
•
Capital ratios well above 11% / 12.5% / 14.5% CBUAE min. requirement
• ECL add-back phased out by 25% in 2022
• CET-1 at 14.6% excluding ECL regulatory add-back
Capital Ratios %
444.3
453.3
451.1
457.9
446.4
19.0
19.2
18.7
18.3
T2%
1.1
1.1
18.1
DenizBank
122.4
121.7
120.4
110.5
113.1
+3%
1.1
1.1
2.3
AT1%
2.0
2.0
1.1
2.1
2.0
Operational Risk
31.3
31.3
31.3
30.8
30.8
9.9
12.9
11.0
9.6
10.4
Market Risk
CET1%
15.6
15.6
16.1
15.1
15.0
Credit Risk
280.7
287.4
288.3
295.5
303.6
Q1 21
Q2 21
Q3 21
Q4 21
Q1 22
Q1 21
Q2 21
Q3 21
Q4 21
Q1 22
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