Investor Presentaiton
Funding & Liquidity remains very healthy
Advances to Deposit and Liquidity Coverage Ratio (%)
ADR %
180
LCR %
178
160
182
100
96
157
155
152
140
93
91
91
92
87
120
88
82
100
84
Q4 21
Q1 22
Q2 22
Q3 22
Q4 22
Composition of Liabilities and Debt Issued (%)
Banks 6%
Others 8%
Key Highlights
*
LCR of 182% and ADR of 82% demonstrate healthy liquidity
Liquid assets of AED 75 billion cover 12% of total liabilities, 15% of deposits
AED 7 bn of term debt issued in 2022 despite challenging market conditions
AED 8.6bn maturities in 2023 comfortably within Group's issuance capabilities
Emirates NBD successfully issued an AED 1 bn 3-year public bond in Jan-23,
becoming the first issuer to access this market since UAE Ministry of Finance
developed local yield curve
Maturity Profile of Debt/ Sukuk Issued AED 57.2bn
8.6
10.9
9.5
7.8
20.4
0.0
Customer
Deposits 78%
0.4
0.4
20.3
Debt/Sukuk 9%
1.6
0.0
6.4
9.1
7.0
7.7
4.1
2023
2024
2025
2026
Beyond 2026
*
Includes cash and deposits with Central Banks, excludes interbank balances and liquid investment securities
ENBD
■Club Deal ■Deniz Bank
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