Investor Presentaiton
Divisional performance
Operating Segment
Metrics
Q1-22
Income (mn)
620
Retail Banking and Wealth
Management
Expenses (mn)
162
Loans (bn)
15
Deposits (bn)
51
Income (mn)
365
-9%
Corporate and Institutional
Banking
Expenses (mn)
38
Loans (bn)
72
Deposits (bn)
44
Highlights
Income
Expenses
Risk
Capital
Liquidity
Divisional
Key Highlights
Increase/
(Decrease)
Retail Banking and Wealth Management
•
Record quarter for cards acquisitions, fee income and balance sheet growth
Lending grew USD 0.7bn, whilst CASA increased by a record USD 2.5bn
•
16%
•
16%
Close to 25% market share of UAE debit and credit card spends
.
4%
5%
1%
-1%
0%
•
Launched DEWA IPO portal on website with real time direct integration with DFM
Introduced Emirates NBD Etihad Guest Credit Cards offerings some of the highest
Etihad Guest earning and rewards opportunities in the market
Corporate and Institutional Banking
•
•
•
Supporting IPOs, with end-to-end IPO subscription website offering real-time on-
boarding through a state-of-the-art fully digital platform
Profitability boosted by higher fee income and lower impairment allowances
CASA balances grew, enabling Group to retire more expensive time deposits
Developing strategic partnership with major Government entities and Corporates by
digitizing service platforms and leading landmark ESG transactions
Emirates Islamic
•
.
.
Net profit up 62% y-o-y to USD 93m on higher income and lower provisions
Customer financing at USD 12.3 bn, increased 6% in Q1-22
Customer deposits increased 9% in Q1-22 with CASA now 80% of total deposits
Global Markets and Treasury
>100%
•
•
Net interest income grew 171% y-o-y in Q1-22 due to higher income from balance
sheet hedges and an increase in banking book investment income.
Non-funded income up 31% y-o-y:
。 Strong quarter from Rates, Credit and FX trading
О
О Sales & Structuring helped customers lock in favorable borrowing costs & FX rates
DenizBank
•
Net profit of USD 171m stable y-o-y despite 48% depreciation in FX translation
CoR improved to 294 bps in Q1
Total assets in Turkish Lira grew 11% in Q1-22
Income (mn)
177
Expenses (mn)
76
Emirates Islamic
Loans (bn)
12
Deposits (bn)
14
14%
10%
6%
9%
Income (mn)
48
Expenses (mn)
11
-1%
Global Markets and Treasury
Assets (bn)
37
-7%
Liabilities (bn)
6
0%
-11%
Income (mn)
495
-7%
Expenses (mn)
142
DenizBank
|1%
Loans (bn)
17
1%
Deposits (bn)
19
23View entire presentation