Emirates NBD 2014 Achievements and Strategic Update
Loan and Deposit Trends
Emirates NBD
Highlights
Gross loans grew 3% y-o-y in 2014
(5% y-o-y excluding the write-off of
fully provided Retail loans), and
declined 2% q-o-q in Q4-14
• Consumer lending declined 2% y-o-y
in 2014 (grew 10% y-o-y excluding
write-offs) and declined 17% q-o-q
due to write-offs and temporary IPO
leverage effect in Q3-14 unwinding in
Q4-14
• Islamic financing grew 5% y-o-y in
2014 (8% excluding write-offs), and
declined 2% q-o-q in Q4-14.
Deposits increased 8% y-o-y in 2014,
and increased 3% q-o-q in Q4-14
Strategic push to grow CASA
continued in 2014:
-
CASA deposits up 19% y-o-y in
2014 and 2% q-o-q in Q4-14
CASA deposits as a percentage of
total deposits have increased to
58% in FY-14, up from 43% at
end 2012 and 53% and end 2013
Trend in Gross Loans by Type (AED Bn)
+3%
-2%
250
254
259
262
265
272
267
235
238
221
216
205
178
180
188
191
195
196
197
200
201
171
25
162
166
22
23
26
27
28
29
29
33
27
22
20
20 4
20
28 1
33
1
34
35
35
36
36
38
39
38
1
1
1
1
Q4 09 Q4 10
Q4 11
Q4 12
Q1 13
Q2 13 Q3 13
Q4 13
Q1 14
Q2 14
Q3 14
Q4 14
Corporate
Consumer
Islamic*
Treasury/Other
Trend in Deposits by Type (AED Bn)
+8%
252
253
258
+3%
214
223
230
240
250
229
5
200
193
2
181
107
105
97
103
110
112
107
122
120
138
113
122
22
79
91
102
116
118
127
141
144
148
151
56
61
Q4 09
Q4 10 Q4 11
Q4 12
Q1 13
Q2 13 Q3 13
Q4 13
Q1 14 Q2 14
Q3 14
Q4 14
Other
Time
CASA
Gross Islamic Financing Net of Deferred Income
23
23View entire presentation