Investor Presentaiton
Credit Quality
Retail and Corporate Loans & Receivables
"
"
Corporate Credit Quality
Impaired loan ratio 14.1% at Q1 2012 vs. 13.7% at Q4 2011
97.35% of the portfolio is to UAE customers where the Bank has
long-standing relationships
Exposure is mainly to top tier names with diversified business
interests and multiple sources of repayment
Environment necessitates renegotiation of certain customer
accounts:
these reflect renegotiated repayment terms in line with
underlying cash flows; and
without sacrificing interest or principal
Of the total wholesale banking funded exposure, 98% is in the
UAE; 0.5% is KSA; 0.5% Qatar and 1% other countries
Personal loans
Portfolio AED 5.2b (25.1%)
56% of value is to UAE
nationals; 60% of value is to
government employees
Personal loans are only granted
subject to salary assignment
Personal Loans losses well
within original expectations
Delinquency trends for 90+ are
trending downwards
Delinquency trends continue to
improve in Q1 2012.
"
Credit Cards
Corporate & Sovereign Lending Portfolio
Portfolio AED 2.4b (11.6%)
Product with highest yield in
Retail Portfolio
90+ delinquencies better
than industry benchmarks
Measures taken to control
exposures on unutilised
limits
Delinquency trends
continue to improve in Q1
2012.
•
•
Real Estate & Contracting
Exposures to Real Estate and Contracting Sector are AED
24.5b (14.5%) and AED 7.3b (4.3%) respectively
Selectively financing real estate sector; extent of finance is
generally limited to:
70% of construction cost excluding land; and
land and cost overruns to be financed by the owner
Real Estate financing is restricted to Emirates of Dubai &
Abu Dhabi
Exposures to these sectors are mainly to diversified
businesses having multiple repayment sources of
repayment
Repayment experience is satisfactory
Approximately 48% of the Real Estate portfolio has a
repayment maturity of < 3 years
Retail Lending Portfolio
Car loans
Portfolio AED 2.5b (12.2%)
Portfolio shoring signs of
stability
Minimum Income threshold
has been raised
Down payment of 10-20%
mandatory based on
customer profiles
Delinquency trends continue
to improve in Q1 2012.
Mortgages
Transport &
communicat
ion
2%
By Sector(1)
100% = AED 169.2 b
Contracting
4%
Manufacturi
ng
Trade
4%
3% Others
4%
Personal -
Corporate
5%
Services
10%
Banks &
Real
Fls
estate
16%
15%
Portfolio AED 4.6b (22.1%)
Only offered for premium
developers
Completed properties
account for 87% of the
portfolio
Average LTV is 75% on
original value
Sovereign
37%
By Sector(1)
100% AED 20.9b
Others
.5%
Overdrafts
12%
Personal
Loans
35%
> 75% of the customers
have only one loan from
Emirates NBD
Car Loans
10%
Delinquency trends
continue to improve in Q1 Time 14%
Credit
Cards
2012.
Loans
8%
Mortgages
16%
1) Loans and advances before provisions; Corporate & Sovereign Lending sectoral breakdown as per "Analysis by Economic Activity for Assets" in note 5, page 11 of the Q1 2012 Financial statements
Emirates NBD
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