Financial & Operating Performance
Credit Quality
Highlights
•
•
•
NPL ratio improved to 6.2% during 2017
Impaired loans were steady at AED 20.3 Bn during 2017
helped by AED 1,777 Mn of write backs & recoveries
FY 2017 cost of risk at 68 bps continued to moderate as net
impairment charge of AED 2,229 Mn improved 15% y-o-y
•
Coverage ratio strong at 124.5%
Total portfolio impairment allowances amount to AED 7.6 Bn
or 3.20% of credit RWA
Financial & Operating Performance
Emirates NBD Profile Operating Environment
Appendix
Strategy
Emirates NBD
19
Impaired Loan & Coverage Ratios (%)
120.1 122.5
123.5 124.9 124.5
111.5
99.6
76.1
66.2
-
59.8
57.5
'49.4
43.4
13.9
4.3
4.0
3.6
7.9
7.1
6.4
6.3
6.1
6.1
6.2
9.5
10.3
10.3
Q4 11 Q4 12
Q4 13 Q4 14
Q4 15
Q4 16
Q1 17 Q2 17 Q3 17 Q4 17
Impact of DW %
NPL ratio
Coverage ratio, excl. DW %
Coverage ratio
Impaired Loans and Impairment Allowances (AED Bn)
Impaired Loans
14.3
14.1
13.8
14.0
13.7
13.8
13.7
14.0
+1%
21.0
20.4
20.1
20.3
20.1
20.2
20.1
20.3
+1%
23.9
24.1
24.3
24.3
24.7
24.9
25.2
25.3
Impairment Allowances
18.0
18.5
18.5
18.7
19.1
19.3
19.3
19.7
0.7
0.6
0.7
0.7
0.7
0.7
0.7
5.9
5.5 0.1
5.6 0.1
5.5 0.1
5.6
0.1
5.6 0.1
5.6 0.1
0.8
5.5 0.1
0.8
0.8
0.8
0.8
0.8 0.8'
0.9
0.9
5.0
4.8 0.1
5.0
4.8
4.7 0.1
0.1-
-0.1
0.1
0.1
4.7
-0.1.
4.9 0.0
4.6
-0.0
Q1 16
Q2 16
Q3 16
Q4 16
Q1 17
Q2 17
Q3 17
Q4 17
Q1 16
Q2 16
Q3 16
Q4 16
Q1 17
Q2 17
Q3 17
Q4 17
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