Investor Presentation August/September 2009
Strategic Imperatives (cont'd)
Evidence of success in H1 2009
Optimise
Balance Sheet
Capital Adequacy Ratio strengthened to 19.0% from 11.4% at end-2008
■ Tier 1 increased in H1 2009 to 12.1% from 9.4% at end-2008
■ Risk Weighted Assets declined by 3% from end-2008 compared to 4% growth in loans
■ Customer deposits grew by 5% from end-2008 compared to 4% growth in loans, improving the LTD
ratio
Drive Profitability
■ Net interest margin improved to 2.58% for H1 2009 from 2.01% in FY 2008 due to re-pricing of assets
and benefits of balance sheet management
■ Core cost to income ratio of 34.6% for H1 2009 stable vs. 34.6% for FY 2008 and remains within
target range of 35%
■ H1 2009 ROA of 1.50% vs. 1.37% for FY 2008
■ H1 2009 ROE of 18.9% vs. 19.1% for FY 2008
Enhance Risk
Management
■ Credit metrics remain healthy and within expectations
■ NPL ratio increased to 1.56% from 1.19% in Q1 2009 and 0.95% at end-2008
Emirates NBD
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