Investor Presentaiton
Net Interest Income
Highlights
NIM improved by 12 bps from 2.35% in Q3 2012 to
2.47% in Q4 2012 resulting in a 2% q-o-q increase in
net interest income to AED 1,766 million
• Q4 2012 NIM improvement driven mainly by higher
loan spreads aided by interest recoveries
Net Interest Margin (%)
3.01
2.813.782
2.65
2.60
2:89
2.592.582.592.52
2.412.41
Net Interest Margin Drivers (%)
2.21
2.23
2.11
2.015
2.05
Emirates NBD
Qtrly NIM
YTD NIM
2.96
2.85
2.69
2.63 2.63
2.53
2.462.422.47
2.47
2.43
2.28
2.35
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
08 08 08 08 09 09 09 09 10 10 10 10 11 11 11 11 12 12 12 12
FY 2012 vs. FY 2011
Q4 2012 vs. Q3 2012
2.69
0.04
(0.02)
(0.02)
2.47
(0.15)
0.01
(0.07)
(0.05)
0.12
2.43
2.35
FY 11
Loan
Deposit Treasury
Spreads Spreads Spreads
Other
FY 12
Q3 12
Loan
Spreads
Deposit Treasury
Spreads Spreads
Other
Q4 12
18View entire presentation