DIB's Digital Journey
Asset Quality (contd.)
Islamic financing and investing assets (Gross Exposure by stages)
Stage 1 (AED million)
Stage 2 (AED million)
Gross Exposure
ECL Coverage*
Gross Exposure
- ECL Coverage*
بنك دبي الإسلامي
Dubai Islamic Bank
#Ready For TheNew
Stage 3 and POCI (AED million)
Gross Exposure
ECL Coverage*
1.0%
8.0%
18,637
0.90%
64.9%
16,484
0.8%
59.8%
57.50%
12,102
176,545
6.6%
6.0%
171,415
138,667
13,127
12,061
6,225
2019
2020
Jun 2021
2019
2020
Jun 2021
2019
2020
Jun 2021
Expected Credit Loss (AED million)
Stage 1
Stage 2
Stage 3 and POCI
6,919
4,039
6,332
Highlights
•
1,076 966
1,133 936
931 1,039
•
2019
2020
Jun 2021
Sustained and conservative approach towards provisioning
continued during 1H2021.
•
Stage 1 provision coverage maintained at nearly 1%, whilst
Stage 2 coverage at 6.0%, is only slightly lower than 2020.
Marginal decline in stage 3 coverage, which still remains
strong, despite the underlying market conditions.
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