Investor Presentaiton
Emirates NBD Profile
Operating Environment
Appendix
Strategy
Financial & Operating Performance
Credit Quality
Highlights
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NPL ratio improved by 0.8% in 2015 to 7.1%
Impaired loans improved to AED 20.8 Bn helped by over
AED 2 Bn of writebacks & recoveries
Cost of risk fell for the 6th consecutive quarter in Q4-15 with
net impairment charge of AED 3.4 Bn in FY-15, AED 1.6 Bn
lower than in FY-14
Coverage ratio improved to 111.5% during 2015 due to the
combined effect of routine provisioning and increased
writebacks & recoveries
Total portfolio impairment allowances amount to AED 6.1 Bn
or 2.79% of credit RWAs
Impaired Loans and Impairment Allowances (AED Bn)
Impaired Loans
Emirates NBD
18
Impaired Loan & Coverage Ratios (%)
114.5
103.2
109.0
111.5
99.6
92.0
85.4
80.1
76.1
70.3
64.7
60.7
57.5
13.9
13.8
13.5
12.6
3.6
3.5
3.5
3.1
7.9
7.8
7.4
7.1
7.1
10.3
10.2
10.0
9.5
Q4 13
Q1 14 Q2 14 Q3 14
Impact of DW %
NPL ratio, excl. DW
Q4 14
Q1 15 Q2 15 Q3 15
Coverage ratio, excl. DW %
Coverage ratio, incl. DW %
Q4 15
Impairment Allowances
36.0
9.3
35.8
9.1
34.4
8.5
21.9
23.1
24.2
+3%
21.1
21.2
20.6
20.3
20.8
0.4
0.4
21.0
21.9
22.5
23.3
23.2 (0%)
0.4
16.2
16.2
15.8
13.6
14.5
15.2
16.2
16.9
17.6
17.8
17.8
15.3
15.4
15.2
14.4
14.4
3.7
3.8
3.8
6.6
6.4
0.2
6.1
5.3
0.4,0.1
0.5,0.1
0.4,0.1
5.2
4.9
5.3
0.5,0.1
5.8
0.6,0.1
3.9
3.9
3.9
0.1
0.1
3.8
4.2
4.5
4.2
0.5,0.1 4.3
0.5,0.1 4.3
0.6,0.1
0.7
0.7
4.7
4.6
0.1
0.1
-0.1
-0.2-
-0.2
Q1 14
Q2 14
Q3 14
Q4 14
Q1 15
Q2 15
Q3 15
Q4 15
Q1 14
Q2 14
Q3 14
Q4 14
Q1 15
Q2 15
Q3 15
Q4 15
DW
Core Corporate
Retail
Islamic
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