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Investor Presentaiton

Credit quality Highlights • During H1-20 NPL ratio increased from 5.6% to 5.8% • Coverage ratio at 116.9% remains strong • H1-20 net cost of risk increased to 172 bps (374 bps for DenizBank and 126 bps Emirates NBD only) on higher net impairment charge of AED 4,211 Mn AED 614 Mn of write backs & recoveries in H1-20 compared to AED 527 Mn during same period last year Impaired Loan & Coverage Ratios (%) 128.4 127.4 127.3 126.6 125.8 123.9 NPL ratio Coverage ratio 112.3 120.5 116.9 . Stage 1 and 2 ECL allowances amount to AED 10.1 Bn or 2.6% of CRWA 6.0 5.8 5.9 5.9 5.9 5.6 5.5 5.8 4.8 • The Group continues to take strong level of provisions in anticipation of a potential deterioration in credit quality in subsequent quarters Q2 18 Q3 18 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Impaired Loans and Impairment Allowances (AED Bn) Impaired Loans* Impairment Allowances +19% +28% 31.5 32.3 27.6 26.0 26.1 28.0 29.2 +3% +6% 27.1 2.1 2.9 22.0 4.6 0.5 1.3. 21.5 4.2 4.3 0.2 20.2 20.6 21.2 22.4 22.3 15.2 15.5 16.1 16.1 16.8 0.9 0.8 0.9 0.7 0.8 1.2 1.2 1.2 1.2 1.6' 5.4 5.5 4.9 4.9 5.4 5.7 5.7 5.4 5.7 5.5 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 DenizBank Core Corporate Retail Islamic *Includes purchase originated credit impaired loans of AED 2.5 bn (Dec-19: AED 3 bn) acquired at fair value Financial & Operating Performance 17
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