UAE Banking Market Update slide image

UAE Banking Market Update

Summary | Emirates NBD Robust operating performance with stable pre-impairment profit at AED 5.0 billion for Q3 2011 YTD Top-line trends for Q3 2011 YTD encouraging with 3% y-o-y growth in both net interest income and core fee income. Continuation of balance sheet de-risking and increased conservatism on provisioning resulted in increased impairment allowances of AED 3.9 billion for Q3 2011 YTD Capitalisation and liquidity continue to be extremely strong, offering resilience and flexibility for the future Emirates NBD has a clear strategy in place to take advantage of of selected growth opportunities Emirates NBD 33 33
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