Investor Presentaiton
Credit Quality
Highlights
Emirates NBD
Impaired Loan & Coverage Ratios (%)
85.7
Impaired loans ratio improved by 0.1% q-o-q to 13.8%
81.2
73.0
74.1
76.5
Net impaired loans decreased by AED 0.1 Bn helped by
repayments and recoveries
60.7
57.5
51.4
52.7
54.8
Q1 2014 net impairment charge of AED 1.3 Bn driven
principally by additional net specific Corporate and Islamic
loan provisions
14.2
13.9
14.1
13.9
13.8
6.0
5.7
5.6
5.6
5.4
Coverage ratio increased by 3.2% to 60.7%
• Total portfolio impairment allowances amount to AED 4.04
Bn or 2.7% of unclassified credit RWAs
8.2
8.1
8.5
8.4
8.4
• Medium term management targets:
Impaired Loan Ratio
Q1 13
Q2 13
Q3 13
Q4 13
Q1 14
Overall impaired Loans Coverage Ratio
12%
80%
Impact of DW/DH* %
NPL ratio, excl. DW/DH*
Coverage ratio, excl. DW/DH* %
Coverage ratio, incl. DW/DH* %
Impaired Loans and Impairment Allowances (AED Bn)
Impaired Loans
Impairment Allowances
33.8
14.3
34.7
35.9
36.1
36.0
0%
20.8
21.9 +5%
17.4
18.3
19.7
14.3
14.3
14.4
14.2
3.1
3.2
3.2
3.1
3.1
10.6 3.8
0.4
4.7
11.3 3.7
5.1 0.3
11.4 3.6
11.3
3.7
11.3 3.7
7.9
8.4
9.4
10.1
10.9
2.3
3.0
6.2
0.3
6.5
0.2
6.6
0.2
3.8/0.2
3.8
2.7
3.8/0.3
3.8
3.9
3.4
3.8
0.1
0.2
-0.2
Q1 13
Q2 13
Q3 13
Q4 13
Q1 14
Q1 13
Q2 13
Q3 13
Q4 13
Q1 14
DW/DH*
Core Corporate
Other Debt Securities
*DW/DH = includes DW (exposure AED 9.25 Bn; provision AED 434 Mn) and DH (exposure AED 4.55 Bn; provision AED 2.51 Bn)
Retail
Islamic
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