Emirates NBD Q2 2022 Financial Results
Non-funded income
•
Non-funded income (AED mn)
Q2-22 Q2-21
Fee and Commission income
1,782
1,605
Better/
(Worse)
11%
Q1-22
Better/
(Worse)
1,527
17%
•
Fee and Commission expense
(714)
(583)
(22)%
(607) (18)%
Net Fee and Commission Income
1,068
1,022
4%
920
16%
Other operating income
1,552
239
549%
1,189
30%
Gain / loss on trading securities
32
55
(42)%
10
216%
Total Non-funded income
2,652
1,316
101%
2,118
25%
Fee and Commission Income (AED mn)
1,767
53
1,605
220
1,565
1,538
1,527
92
1,782
63
231
Brokerage &AM
81
113
58
Trade finance
227
192
198
192
Highlights
Income
Risk
Expenses
Capital
Liquidity
Divisional
Key Highlights
Q2-22 fee and commission income 11% higher y-o-y from increased
local and international retail card business at both ENBD and
DenizBank and strong investment banking revenue
Other operating income up substantially y-o-y due to
-
higher Retail FX volumes as customers took advantage of strong
dollar and increased remittance
Increased activity from SMEs and increased flows due to change
to the Saturday-Sunday weekend
gains from DenizBank balance sheet hedges
914
Other Operating Income (AED mn)
1,378
1,188
1,552
921
1,188
922
1,494
1,488
585
FX & Derivative
1,286
1,293
1,232
1,271
Fee income
379
239
191
174
32
430
Property & Other
217
359
155
199
166
Investment Sec.
-8-
23.
28.
49.
5.
Q1 21
Q2 21
Q3 21
Q4 21
Q1 22
Q2 22
Q1 21
Q2 21
Q3 21
Q4 21
Q1 22
Q2 22
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