Capital Adequacy and Divisional Performance
Asset Quality
Loans & Receivables and Islamic Financing
Highlights
■ Credit quality remains satisfactory across the Bank's corporate and
retail portfolios
Increase in delinquencies and NPLs is within expectations
■ NPL ratio, excluding impaired investment securities, increased to
2.63% in Q1 2010 from 2.36% reported in Q4 2009
■ Added USD 21m to portfolio impairment provisions in 1Q 2010; total
portfolio impairment allowances of USD 527m at end-2009 or 1.2% of
loans (excluding Sovereign)
Loan Portfolio by Type - Q1 2010(1)
100% USD 59.5b
Sovereign
23%
Islamic
9%
Retail
11%
Corporate
57%
NPL & Coverage Ratios (2)
118%
110% 109%
105%
106%
103% 104%
104%
105%
102%
NPL and Impairment Allowance Composition (USD million) (2)
NPL Composition
1,513
1,373
207
186
Impairment Allowance Composition
1,550
1,436
527
506
2.36%
0.26% 2.63%
2.10%
786
731
538
635
1.88%
56
1.57%
155
930
1,023
1.20%
355
1.00%
1.00% 0.98%
520
0.93% 0.95%
456
480
126
Q4 07
Q1 08
INPL Ratio %
Impact of accounting change
1) Loans and advances before provisions
Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 2010
2008
2009
Q1 2010
Corporate Retail Islamic
Coverage Ratio %
2008
2009
Q1 2010
■Specific Impairment Allowances
■Portfolio Impairment Allowances
2) NPLs, Impairment Allowances and Coverage ratios for 2008 & 2009 exclude investment securities classified as loans & receivables which are disclosed as "Others" in the Credit Quality Analysis section of Note 47 of the 2009 Financial
Statements; Accounting change refers to the Bank's move to recognition of Retail NPLs at 90+ days overdue from 180+ days overdue
Emirates NBD
17View entire presentation