Investor Presentaiton
Appendix
Strategy
Financial & Operating Performance
Emirates NBD Profile
Operating Environment
Summary
Profitability
• Net profit of AED 1.7 Bn for Q1-15 improved 60% y-o-y due to higher income, stable
costs and lower provisions
Emirates NBD
Income
CI Ratio
Provisions
Credit Quality
• Total income rose 15% y-o-y to AED 3.8 Bn helped by an improving asset mix, strong
fee income and efficient funding base
• Costs increased 3% y-o-y, improving the Cost to Income ratio by 3.4% to 28.1% in
Q1-15
Impairment allowances improved by 14% y-o-y to AED 1.1 Bn, strengthening the
coverage ratio to 103.9%
• NPL ratio improved to 7.8%
• NIMS steady at 2.90% in Q1-15
Net Interest Margin
Capital and
Liquidity
Outlook
• Tier 1 ratio declined by 0.5% due to annual dividend payment
• AD ratio stable at 95.6% whilst term liabilities extended by $1 billion 7 year issuance
Some signs of a slowdown in the economy due to lower oil prices and a strong dollar,
but this is from a relatively high base
• The Bank's strong balance sheet is able to take advantage of any regional growth
opportunities
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