Investor Presentaiton

Segmental Performance - Corporate Strong income growth partly more than offset by rising impairments and expenses SAR (mn) 9M 2021 9M 2020 A% 3Q 2021 3Q 2020 A% Corporate NPL (%) 3.0% مصرف الإنماء alinma bank Income from investments and financing, net 1,543 1,221 +26% 624 460 +36% Fees from services & other income 127 141 -10% 32 71 -55% 2.5% Total operating income 1,670 1,362 +23% 656 531 +23% Total operating expenses 234 206 +13% 89 72 +24% 2.0% Total charges/(reversals) for 1,083 672 +61% 311 169 +84% 9M 20 FY 20 1Q 21 1H 21 9M 21 impairments Income for the period before zakat 353 484 -27% 255 290 -12% NPL ratio Corporate Deposits (SARbn) 5.1 5.2 6.3 +313% Corporate Financing (SARbn) +9% 21.4 19.0 85.0 90.3 94.8 97.1 98.8 3Q 20 4Q 20 QoQ +2% 1Q 21 +22% 2Q 21 +200% 3Q 21 +13% 3Q 20 4Q 20 1Q 21 2Q 21 3Q 21 QoQ +6% +5% +2% +2% 3Q 2021 INVESTOR PRESENTATION 2.7% Management Commentary ☐ Corporate operating income increased by 23% from a strong increase in funded income (+26%). Corporate net income saw a 27% decline however largely due to an increase in impairments of 61%. Corporate deposits saw significant growth of 313% YTD, mainly from a re-allocation of accounts from the Treasury segment during 2Q 2021, while corporate financing increased 9% YTD. The corporate NPL ratio was stable during 9M 2021, while cost of risk rose 35bps YoY. 36/41

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