Emirates NBD Financial Performance and Market Update
Appendix
Strategy
Financial & Operating Performance
Emirates NBD Profile
Operating Environment
Net Interest Income
Emirates NBD
15
Highlights
NIMS improved 16 bps q-o-q as rate rises flowed into loan
yields and funding pressures receded. NIMs tightened 17
bps y-o-y on higher funding costs
Loan yields improved 8 bps q-o-q as loans reset at higher
rates due to the recent rise in interest rates and were flat
y-o-y
Contribution from both Deposits and Treasury have
improved as impact from higher funding costs eased
We
expect some further improvement in NIMs in
subsequent quarters as the effect of recent rate rises flow
through
NIM guidance is maintained at the 2.35-2.45% range
Net Interest Margin Drivers (%)
Q2-17 vs. Q1-17
Net Interest Margin (%)
2.91
2.90
2.83
2.85
2.80
2.90
2.85
2.82
2.62
2.76 2.75
2.58
2.62
2.54
2.51
2.49
2.44
2.55
2.33
2.29
2.41
Q414 Q115 Q215 Q315 Q415 Q116 Q216 Q316 Q416 Q117 Q2 17
Qtrly NIM
YTD NIM
0.03
2.33
0.08
H1-17 vs. H1-16
2.49
2.58
0.04
(0.01)■
(0.09)
(0.07)
2.41
Q1 17
Loan Yield
Deposit
Cost
Treasury
& Other
Q2 17
H1-16
Loan Yield Deposit Cost Treasury
& Other
H1-17View entire presentation