Investor Presentaiton
•
Capital Adequacy
Emirates NBD
Highlights
CAR and T1 improved by 0.4% and 0.6% respectively in Q2-14 to
19.6% and 15.6% respectively resulting from:
Capitalisation
18.5
19.0
19.6
19.2
19.6
increase in Tier 1 capital due to retained earnings
14.5
14.9
15.3
15.0
15.6
modest decrease in risk weighted assets
Tier 1 Capital Ratio has improved by 1.1% y-o-y from 14.5% to
15.6%
42.8
43.6
44.7
43.6
44.4
9.2
9.4
9.9
9.4
9.0
33.6
34.2
34.8
34.2
35.4
In July 2014, we repaid the remaining AED 4.8 Bn of MOF Tier 2
Deposits. With this, the entire crisis era support has been repaid
Q2 13
Q3 13
Q4 13
Q1 14
Q2 14
T2
T1
T1 %
CAR %
Capital Movements (AED Bn)
FY-13 to H1-14 (AED Bn)
Capital as at 31-Dec-2013
Net profits generated
Risk Weighted Assets - Basel II (AED Bn)
Tier 1 Tier 2
34.7
Total
-2%
9.9
44.6
2.3
-
2.3
231.1
229.8
226.9
227.6
226.5
0%
FY 2013 dividend paid
(1.4)
(1.4)
13.8
13.8
3.4
2.3 14.9 2.8 14.9
2.4
18.6 2.7
Tier 1 Issuance
Repayment of Tier 2
213.9
213.6
209.2
210.2
205.1
Amortisation of MOF T2 / sub debt
(1.0)
(1.0)
Interest on T1 securities
(0.2)
(0.2)
Tier 2 Issuance
0.1
0.1
Repayment of subordinated debt
Q2 13
Goodwill
(-)
(-)
Other
Capital as at 30-Jun-2014
(0.1)
(0.1)
Q3 13
Operational Risk
Q4 13
Q1 14
Market Risk
Q2 14
Credit Risk
35.4 9.0
44.4
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