RAKBANK Investor Presentation - Q3/YTD Sep'2022
RAKBANK Investor Presentation - Q3/YTD Sep'2022
Performance highlights
Balance Sheet Highlights [AED B]
Balance Sheet Highlights
Results as at
Variance
(AED B)
Sep'22 Jun 22
Sep'22 vs
Sep'22 vs
Dec'21
Sep'21
Dec'21
Sep'21
Sep'22 vs
Jun'22
Total Assets
63.8
60.8
56.3
54.5
13.4%
17.1%
5.1%
Gross Loans & Advances
36.0
35.8
34.2
33.5
5.3%
7.5%
0.6%
Deposits
40.3
39.6
37.6
37.0
6.9%
8.8%
1.8.%
Gross Business Assets
44.6
43.7
40.9
40.1
9.1%
11.2%
2.1%
Key Ratios [%]
Key Ratios
RAKBANK
Notes
Simply Better
Growth in Total Assets of 13.4% YTD & 17.1%
YOY mainly through Gross business assets which
grew by 9.1% YTD & 11.2% YOY
Net Interest Margins reduced marginally YOY to
4.0%, however continues to be one of the
highest in the Industry
Quarter Ratios
Year to date Ratios
Q3'22 vs
Q3'22 vs
Percentage
Return on Equity*
Return on Assets*
Q3'22
Q3'21
Q2'22
YTD Sep 22 YTD Sep'21
Q3'21
Q2'22
YTD Sep'22
vs YTD Sep'21
16.2%
11.3%
14.8%
4.9%
1.4%
13.9%
9.0%
4.9%
2.3%
1.7%
2.1%
0.6%
0.2%
2.0%
1.4%
0.6%
Net Interest Margin *
4.3%
4.1%
3.9%
0.2%
0.4%
4.0%
4.1%
(0.1%)
Cost to Income
40.7%
43.6%
45.1%
2.9%
4.4%
45.3%
42.0%
(3.3%)
Impaired Loan Ratio
Impaired Loan Coverage Ratio
3.2%
156.5%
4.5%
3.6%
1.3%
0.4%
134.3%
142.1%
22.2%
14.4%
3.2%
156.5%
4.5%
1.3%
134.3%
22.2%
Total Capital Adequacy Ratio Basel III*
17.0%
17.8%
16.8%
-0.8%
0.2%
17.0%
17.8%
-0.8%
Note: Numbers may not add up due to rounding
* Annualized
**After application of Prudential Filter
Figures in brackets represent unfavorable movements
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