RAKBANK Investor Presentation - Q3/YTD Sep'2022
RAKBANK Investor Presentation - Q3/YTD Sep'2022
Key Highlights: Strong Profitability Growth with
Solid Returns
RAKBANK
Simply Better
Net Profit
AED 878.8M
+64.4% YoY
Total Assets
AED 63.8B
+17.1% YoY
Gross Loans & Adv.
AED 36.0B
+7.5% YoY
Return on Equity
13.9% for YTD Sep'22
+4.8% YOY
Market
Capitalization
AED 8.0B
Net profit for Q3'22 at AED 351.4M up 53.7% vs. Q3'21, highest quarterly profit since Q3'2015
•
Gross Loans & Advances at AED 36.0B, up 7.5% YoY and 5.3% YTD
.
Customer Deposits at AED 40.3B, up 8.8% YoY and 6.9% YTD
•
Bank has a robust CASA franchise with a healthy CASA ratio of 74.4%
Net Interest Margins rises marginally to 4.0%, continues to be one of the highest in the Industry
Solid annualized returns
•
•
ROA at 2.0% for YTD Sep'22 & 2.3% for Q3'22
ROE at 13.9% for YTD Sep'22 & 16.2% for Q3'22
5View entire presentation