PitchSend

Investor Presentaiton

Credit Quality Highlights ■ The impaired loans ratio deteriorated by 0.3% q-o-q to 14.1% in Q1 2012 Provision coverage of impaired loans improved by 2% q-o-q to 45% in Q1 2012 Q1 2012 impairment charge of AED 1,101 million driven by: - Specific provisions of AED 671 million, AED 105 million and AED 69 million made in relation to the Corporate, Retail and Islamic financing portfolios respectively AED 234 million portfolio impairment allowances taking the total allowance to AED 4.0 billion or 2.7% of credit RWAS Management targets for impaired loan coverage ratios: 80%-85% on underlying NPL portfolio 55%-60% on overall impaired loans to be achieved by 2013 Target coverage ratios to be achieved through more conservative provisioning for and recognition of impaired loans - Impaired Loans & Coverage Ratios (%) 101% 102% 99% 13.8% 14.1% 90% 12.9% 83% NPL Ratio % 80% 6.5% 6.5% 10.4% 7% 72% 74% IIRL % 10.0% 9.3% 5.7% 55% 5.6% 15% 45% 45% 43% 45% • Coverage % 41% Coverage, excl. IIRL % 7.2% 7.6% 6.2% 4.4% 4.8% 4.8% 2.6% 1.6% Q4 08 Q4 09 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 IIRL Interest Impaired Renegotiated Loans at Q1 2012 comprises D1 (exposure AED 9.2 billion; provision AED 618 million) and D2B (exposure AED 4.9 billion; provision AED 1.1 billion) Emirates NBD 19

View entire presentation