Investor Presentaiton
7
CONSOLIDATED CAPITAL STRUCTURE AS PER BASEL III (continued)
The consolidated capital structure as per Basel III is given below:
CONSOLIDATED CAPITAL STRUCTURE AS PER BASEL III (continued)
2020
AED 000
2019
AED 000
Common Equity Tier 1 Capital
Share Capital
Share premium account
6,316,598
17,954,164
6,316,598
17,954,164
TIER I CAPITAL NOTES
The Group has issued a number of regulatory Tier 1 capital notes with details mentioned in the table below. The
notes are perpetual, subordinated and unsecured. The Group can elect not to pay a coupon at its own discretion.
Note holders will not have a right to claim the coupon and such event will not be considered an event of default.
The notes carry no maturity date and have been classified as equity.
Issuance Month/year
Issued Amount
Coupon rate
Eligible Reserves
2,710,530
4,456,124
Transitional arrangement: Partial addback of IFRS 9 ECL impact to
CET1
July 2020
2,002,738
March 2019
USD 750 million (AED 2.75 billion)
USD 1 billion (AED 3.67 billion)
Retained Earnings/(-) Loss
47,014,778
43,375,416
June 2009
AED 4 billion
Dividend Expected/Proposed
(2,526,639)
Fixed interest rate with a reset after six years
Fixed interest rate with a reset after six years
Fixed interest rate for the first five years and
on a floating rate basis thereafter.
Eligible amount of minority interest
22,124
3,638
CET1 capital before the regulatory adjustments and threshold
deduction
The Group has exercised its option to call back the following notes in September 2020 and as a result these have
been repaid in full.
73,494,293
72,105,940
Less: Regulatory deductions
(6,359,346)
(6,653,596)
Issuance Month/year
Issued Amount
Coupon rate
Total CET1 capital after the regulatory adjustments and
threshold deduction
67,134,947
65,452,344
September 2014
USD 500 million (AED 1.83 billion)
Fixed interest rate with a reset after six years
Total CET1 capital after transitional arrangement for
deductions (A)
67,134,947
65,452,344
Additional Tier 1 Capital
CAPITAL ADEQUACY (STANDARDISED APPROACH)
Eligible AT1 capital
10,379,786
9,107,356
2020
2019
Other AT1 Capital e.g. (Share premium, minority interest)
Total AT1 capital
10,379,786
9,107,356
Total Capital Requirements
Total AT1 capital after transitional arrangements (B)
10,379,786
9,107,356
Credit Risk
Capital Charge
AED 000
57,066,531
Capital Charge
AED 000
55,867,225
Tier 2 Capital
Market Risk
1,533,013
1,070,001
Tier 2 Instruments e.g. subordinated loan
Operational Risk
4,020,602
3,467,905
Other Tier 2 capital (including General Provisions, etc.)
4,919,529
4,816,140
Total Capital Requirements
62,620,146
60,405,131
Total Tier 2 Capital
4,919,529
4,816,140
Total Tier 2 capital after transitional arrangements (C)
Total Regulatory Capital (A+B+C)
4,919,529
4,816,140
82,434,262
79,375,840
EMIRATES NBD BANK PJSC - BASEL II - PILLAR III DISCLOSURES FOR THE YEAR ENDED 31 DECEMBER 2020
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