Emirates NBD Financial Performance and Awards 2014
Funding and Liquidity
Highlights
AD ratio of 95.2% within 90-100% management target range
Liquid assets of AED 56.6 Bn as at 31 December 2014 (17.9%
of total liabilities)
Modest maturity profile affords Emirates NBD ability to consider
public and private debt issues opportunistically
In 2014,
-
Issued USD 500 Mn of Tier 1 capital notes
-
Issued USD 1.5 Bn of senior public issues
Issued USD 1 Bn private placements in AED, USD, GBP,
CHF, EUR and JPY
-
Repaid remaining AED 4.8 Bn of MOF Tier 2 deposits
Composition of Liabilities/Debt Issued (%)
Liabilities (AED 316.3 Bn) Debt/Sukuk (AED 30.4 Bn)
Customer
deposits
82%
Banks
5%
■ Others
4%
■Debt/Sukuk
8%
■Syn bank
borrow.
1%
■Loan
secur.
1%
EMTNS
6%
Emirates NBD
Advances to Deposit (AD) Ratio (%)
118.5
98.1
105.1
102.0
99.5
99.2
95.3
95.6
95.2
Q4 09
Q4 10
Q4 11 Q4 12 Q4 13
Q1 14
Q2 14
Q3 14
Q4 14
Target range 90-100%
AD Ratio (%)
Maturity Profile of Debt Issued (AED Bn)
Maturity Profile of Debt/Sukuk Issued
100% = AED 30.4 Bn
5.95
4.76
3.60
3.04
5.29
5.44
1.36
0.63
0.23
0.09
■ Sukuk
2015 2016 2017 2018
2019 2020 2022 2023
2024 2026
1%
*including cash and deposits with Central Banks but excluding interbank balances and liquid investment securities
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