Investor Presentaiton
UAE Banking Market Update
Highlights
UAE Banking sector is the largest by assets in the GCC;
sector is dominated by 23 local banks which account for more
than 75% of banking assets; 28 foreign banks account for the
remainder
In the past couple of years the Central Bank of the UAE has
sought to play a stronger role in the oversight and governance
of the Banking Sector in the UAE
This has resulted in a new regulatory regime with various
regulations being considered covering areas such as liquidity
risk, large exposures and mortgage caps amongst others.
AED Bn
2,500
UAE Banking Sector Growth (AED Bn)
■Banking Assets
■Nominal GDP
2,000
1,500
1,000
500
0
2002 33
273
2003 36
321
2004 448
387
639
2005 506
2006 859
643
1,223
758
1,456
1,157
954
2010
1,662
2011
1,281
2012
1,792
1,411
2013
2,026
1,419
2,050
2014
1,490
Composition of UAE Banking Market (AED
Bn)
*
Gross Loans 262
1,022
1,284
GCC Banking Market
UAE(1)
KSA
Banking Assets
USD Bn
Assets
% GDP(3)
558
138
531
70
Deposits 252
1,040
1,291
Qatar
260
124
Kuwait
195
104
Assets
347
1,703
2,050
Bahrain(2)
50
143
Oman
60
69
■ Emirates NBD
Other Banks
Source: UAE Central Bank Statistics as at Jan 2014, ENBD data as of Q1 2014.
* Gross Loans Net of Islamic Financing Deferred Income
1) Includes Foreign Banks; 2) Excludes Foreign Banks; 3) GDP data is for FY 2014 forecasted.
Kuwait, KSA as at Mar 2014; Qatar, Oman as at Feb 2014; UAE as at Jan 2014; Bahrain as at Dec
2013; Source: UAE Central Bank; National Central Banks and Emirates NBD forecasts
9
Emirates NBDView entire presentation