UAE Banking Market Update

Funding and Liquidity ■ Highlights Headline LTD ratio of 107% at Q3 2011 due to balance sheet management initiatives and increased deposit competition in the sector The LTD ratio is expected to be managed to the target range of c.95%- 100% Headline Loan to Deposit Ratio (%) 129% 126% 127% 122% 119% 117% 118% 118% ■ Liquid assets of AED 36 billion as at 30 September 2011 (13.2% of total assets 111% 107% ◉ Debt maturity profile well within existing funding capacity 103% 101% 99% 96% Target LTD Ratio of 95-100% 92% Liquid Assets & Composition of Liabilities: Q3 2011 Composition of Liabilities Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 8,018 Maturity Profile: Debt Issued (AED million) 100% = AED 16.3b Debt/Sukuk Issued 7% Banks Emirates NBD 9% Customer deposits 78% Others 6% 5,959 1,872 110 265 853 1,684 1,157 665 239 2,564 907 2011 2012 2013 2014 2015 2016 2017 Q1 Q2 Q3 Q4 FY 2018 2019 2020 Note: Debt Issued includes EMTNs of AED 8.7 billion, syndicated borrowings from banks of AED 5.5 billion and borrowings raised from loan securitisations of AED 2.1 billion 23 23

View entire presentation