Q2-16 Financial Results Highlights
Operating Environment
Emirates NBD
20
Funding and Liquidity
Highlights
•
•
AD ratio of 96.1% within 90-100% management target range
Liquid assets* of AED 51.3 Bn as at H1-16 (13.7% of total
liabilities)
• Debt & Sukuk term funding represent 12% of total liabilities
•
In H1 2016, AED 3.6 Bn debt matured and a AED 2.9 Bn club
loan was repaid. This was replaced with AED 14.4 Bn raised
via AED 5.4 Bn of private placements issued in 5
currencies, a AED 2.8 Bn sukuk issue and a AED 6.2 Bn
club loan
Maturity profile affords Emirates NBD ability to consider
public and private debt issues opportunistically
Composition of Liabilities/Debt Issued (%)
Liabilities (AED 374.2 Bn) Debt/Sukuk (AED 43.1 Bn)
Banks
4%
Others
5%
Syn bank
borrow.
2%
Advances to Deposit (AD) Ratio (%)
99.2
95.3
95.6
95.2
95.6
93.3
97.2
95.9
96.1
94.2
Q1 14
Q2 14
Q3 14
Q4 14
Q1 15
Q2 15
Q3 15
Q4 15
Q1 16
Q2 16
Target range
AD Ratio
Maturity Profile of Debt Issued (AED Bn)
Maturity Profile of Debt/Sukuk Issued
100% AED 43.1 Bn
12.7
Appendix
Strategy
Financial & Operating Performance
Emirates NBD Profile
Customer
deposits
79%
Debt/Sukuk
12%
Loan secur.
1%
9.7
Sukuk
2%
EMTNS
7%
2.7
3.3
1.6
4.6
4.0
3.6
.......
2016
0.6
0.1
0.1
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
*Including cash and deposits with Central Banks but excluding interbank balances and liquid investment securitiesView entire presentation