Emirates NBD 2014 Achievements and Strategic Update
Credit Quality
Emirates NBD
Highlights
Impaired Loan & Coverage Ratios (%)
• NPL ratio improved significantly to 7.8%
100.3
92.0
85.4
13.8
80.1
• DW exposure reclassified as performing
76.1
66.2
70.3
59.8
57.5
60.7
64.7
49.4'
• AED 4.4 Bn of fully provided Retail (Conventional and
Islamic) loans written off
43.4
14.3
13.9
13.8
13.5
12.6
⚫ 2014 net impairment charge of AED 5 Bn driven by
additional net specific Corporate and Islamic loan
provisions
Coverage ratio increased to 100.3% reaching
guidance target
4.3
4.0
3.6
3.5
3.5
3.1
7.8
9.5
10.3
10.3
10.2
10.0
9.5
Q4 11 Q4 12
Q4 13
Q1 14
Q2 14 Q3 14
Q4 14
Impact of DW %
NPL ratio, excl. DW
Coverage ratio, excl. DW %
Coverage ratio, incl. DW %
Impaired Loans and Impairment Allowances (AED Bn)
Impaired Loans
Impairment Allowances
33.6
36.1
36.0
-43%
35.8
34.4
29.7
20.8
21.9
23.1
24.2
9.4
9.3
9.4
9.1
8.5
16.6
0.5
0.4
0.4
0.4
20.8 (0%)
9.2
20.7
12.9
0.6
15.1
16.2
16.2
16.2
15.8
-0.6
12.8
13.6
14.5
15.2
13.6
2.9
3.8
3.7
3.7
3.8
3.8
3.6
0.3
0.4
4.9
6.5 0.2
6.6
0.2
6.4 0.2
6.1 0.2
15.3 0.4
4.90.1
9.9
16.4
7.0 1.4
2.1
3.4
3.6/0.2
3.8
3.8
3.9
3.9
3.9
0.5
0.2
10.2 3.8/0.1
Q4 11
Q4 12
Q4 13
Q1 14
Q2 14
DW
Q3 14
Core Corporate
Q4 14
Q4 11
Q4 12 Q4 13 Q1 14
4.2/0.1 4.5 0.1
Q2 14 Q3 14 Q4 14
3.8 0.1
Retail
Islamic
Other Debt Securities
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