Emirates NBD Banking Sector Update
Capital Adequacy
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Highlights
Capital adequacy strengthened further to CAR 21.1% and T1 to 13.4%
Tier 1 capital increased by AED 1.1 billion in Q3 2011 YTD due to net profit
generation partly offset by dividend paid in respect of 2010 financial year
Risk Weighted Assets declined by 1% from AED 217 billion at Q4 2010 to
AED 216 billion at Q3 2011
Capital Ratios - Basel II (AED billion)
20.1%
18.7%
11.9%
12.8%
21.1%
13.4%
10.5%
8.4%
43.6
45.4
41.8
15.1
15.9
16.6
25.3
4.9
26.7
27.7
28.8
20.4
2008
2009
2010
T2
T1
T1%
Q3 11 YTD
-CAR %
Note: Core Tier 1 Ratio as at Q2 2011 is 11.5%
Risk Weighted Assets - Basel II (AED billion)
Capital Movement Schedule - Basel II (AED billion)
241.3
31 Dec 2010 to 30 Sep 2011
Tier 1
Tier 2
Total
223.9
10.6
217.2
215.6
13.1
Capital as at 31.12.10
27.7
15.9
43.6
5.2
13.8
13.8
3.2
2.3
1.4
Net profits generated
2.3
2.3
FY 2010 dividend paid
(1.1)
(1.1)
225.4
207.6
201.1
200.4
Interest on T1 securities
(0.2)
(0.2)
Cummulative Changes in FV
0.1
0.1
Redemption of T2 securities
(1.2)
(1.2)
Change in General Provisions
1.8
1.8
2008
2009
2010
Q3 11 YTD
Other
0.1
0.1
Credit Risk
Market Risk
Operational Risk
Capital as at 30.09.11
28.8
16.6
45.4
Emirates NBD
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