Emirates NBD Operating Costs and Efficiency Highlights
Funding and Liquidity
■
Highlights
Headline LTD ratio of 107% at Q3 2011 due to balance sheet management
initiatives and increased deposit competition in the sector
The LTD ratio is expected to be managed to the target range of c.95%-
100%
Headline Loan to Deposit Ratio (%)
129%
126% 127%
122%
119%
117%
118% 118%
■
Liquid assets of AED 36 billion as at 30 September 2011 (13.2% of total
assets
111%
107%
◉
Debt maturity profile well within existing funding capacity
103% 101%
99%
96%
Target LTD Ratio of 95-100%
92%
Liquid Assets & Composition of Liabilities: Q3 2011
Composition of Liabilities
Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11
8,018
Maturity Profile: Debt Issued (AED million)
100% = AED 16.3b
Debt/Sukuk
Issued
7%
Banks
Emirates NBD
9%
Customer
deposits
78%
Others
6%
5,959
1,872
110
265
853
1,684
1,157
665
239
2,564
907
2011
2012 2013
2014
2015 2016 2017
Q1 Q2 Q3 Q4 FY
2018
2019
2020
Note: Debt Issued includes EMTNs of AED 8.7 billion, syndicated borrowings from banks of AED 5.5 billion and
borrowings raised from loan securitisations of AED 2.1 billion
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