The National Bank Of Ras Al Khaimah · ADX:RAKBANK
The National Bank Of Ras Al Khaimah — Rakbank — Q1 2016 Earnings Presentation
16 slides from The National Bank Of Ras Al Khaimah's earnings presentation, 2016
Slide 1: RAKBANK Investor Relations Presentation Q1 2016
RAKBANK Investor Relations Presentation Q1 2016
Slide 2: RAKBANK Profile
RAKBANK Profile Establishment Ownership The National Bank of Ras Al Khaimah was founded in 1976. It underwent RAKBANK is listed on the Abu Dhabi Securities Exchange (ADX) and a major transformation in 2001 as it rebranded into RAKBANK and 52.77% of the Bank’s shares are owned directly and indire
Slide 3: RAKBANK Profile: Subsidiaries, Ratings, Regulatory Framework
RAKBANK Profile Subsidiaries Ratings Subsidiary Ownership Country Purpose Rating Agency Last Update Deposits Outlook Support RAK Insurance 79.23% UAE To develop insurance products April Baa1 / P-2 Stable 2 RAK Islamic 99.99% UAE To sell Sharia- 2016 Finance Company compliant products RAKFUNDING To e
Slide 4: Shareholders, Directors & Management
Shareholders, Directors & Management Ownership Structure Board of Directors H.E. Mohamed Omran Alshamsi Chairman Government of Ras H.E. Sheikh Salem Al Qasimi Director 14.1% Al Khaimah Mr. Ahmed Essa Al Naeem Director Foreigners 29.1% 52.8% Mr. Ahmad Abdulkarim Julfar Director UAE Citizens Mr. Salem
Slide 5: Business Segments
Business Segments Retail Banking customers are serviced through a network of 35 branches, over 250 ATMs, as well as Online, Phone, and Mobile Banking solutions. Sales takes place across all channels and through 2000+ mobile staff. This segment has a Retail Banking strong fee-based income from the sa
Slide 6: Q1 2016 Highlights
Q1 2016 Highlights Financial Snapshot Key Ratios AED millions Q1 2016 Q1 2015 Variance% Ratios Q1 2016 Q1 2015 Y-o-Y 744.3 733.5 1.5% Return On Equity 12.8% 20.1% -7.3% Net Interest Income Net Interest Margin 7.4% 8.3% -0.9% Non-Interest Income 245.7 198.8 23.6% Cost-to-Income 34.5% 40.4% -5.9% Tota
Slide 7: Balance Sheet Overview
Balance Sheet Overview Breakdown of Assets by Type (as at 31.03.16) Assets and Gross Loans & Advances (AED billions) 0.4% Cash and Balances with UAE Gross Loans and Advances Total Assets 2% 2% Central Bank 12% Due from other Banks 50 10% 6% 40.6 41.0 40.9 Loans and Advances, Net 40 34.8 30.1 30 28.5
Slide 8: Asset Breakdown
Asset Breakdown Total Loans & Advances by Segment (AED millions) Total Loans & Advances - Retail (AED millions) Q1 2015 Q4 2015 Q1 2016 Q1 2015 Q4 2015 Q1 2016 18,130 18,101 17,858 4,404 4,163 3,749 3,959 4,099 3,609 3,159 3,380 3,421 2,613 3,030 3,097 3,049 2,474 2,584 7,522 7,984 7,591 1,226 3,096
Slide 9: Asset Quality
Asset Quality Non-Performing Loans (AED millions) Net Credit Loss Impaired Loans Impaired Loans to Gross Loans and Advances 5.6% 1200 3.6% 4.0% 6% 3.2% 2.7% 3.8% 2.4% 2.4% 3.0% 800 4% 3.0% 2.5% 2.0% 1040.7 1.6% 400 914.4 2% 618.8 709.4 1.0% 539.8 0 0.0% 0% 2013 2014 2015 Q1 2015 Q1 2016 2013 2014 20
Slide 10: Liabilities
Liabilities Customer Deposits (AED billions) Notes Time Current Savings Call Islamic 35 Customer deposits grew by 2.1% to AED 28.4 billion compared to December 31, 2015. The growth came mainly from an increase of 30 3.4 AED 631.3 million in demand deposits. 3.5 2.9 25 2.0 2.6 1.3 5.0 1.3 The dep
Slide 11: Capitalization
Capitalization Equity Breakdown (AED billions) Capital Adequacy Ratio (CAR) Share Capital Reserves Retained Earnings 8 31% 29.0% 2.4 26.5% 1.8 2.1 2.1 6 1.5 27% 24.4% 24.2% 24.3% 4 23% 3.4 3.7 3.9 3.7 3.9 2 19% 1.7 1.7 1.7 1.7 1.7 0 15% 2013 2014 2015 Q1 2015 Q1 2016 2013 2014 2015 Q1 2015 Q1 2016 R
Slide 12: Profitability
Profitability Profitability (AED billions) Cost-to-Income Ratio Total Income Net Profit 5 50% 3.9 4 3.6 43.8% 3.2 45% 42.3% 3 40.4% 40% 37.5% 2 1.43 1.45 1.40 0.9 0.9 34.5% 1 35% 0.36 0.25 0 30% 2013 2014 2015 Q1 2015 Q1 2016 2013 2014 2015 Q1 2015 Q1 2016 Annualized Returns Net Interest Margin ROA
Slide 13: Appendix
Appendix
Slide 14: The UAE's Economic Indicators
The UAE’s Economic Indicators Growth of Real GDP (%) Current Account Balance (% of GDP) 4.6 18.4 5 4.3 20 4 3.1 13.7 2.7 15 3 2.2 10 6.5 2 3.7 1 5 1.8 0 0 2013 2014 2015 2016F 2017F 2013 2014 2015 2016F 2017F Government Revenue % of GDP CPI Inflation (%) 3.7 45 41.0 4 3 37.8 2.7 40 3 2.3 35 31.31 2
Slide 15: Commodity prices across key indices
Commodity prices across key indices Crude oil/barrel avg. spot price (USD) Aluminium (USD/export unit weight) Copper (USD/export unit weight) 105.5 97 98 120 100 220 199 90.9 187 88 80 90 84 180 43.9 82 150 36.6 34.4 127 128 40 80 140 0 70 100 2013 2014 2015 2016F 2017F 2013 2014 2015 2016F 2017F 20
Slide 16: Disclaimer
Disclaimer The material in this presentation has been prepared by the National Bank of Ras Al Khaimah (P.S.C), United Arab Emirates (“RAKBANK”) and is general background information about RAKBANK’s activities and is not intended to be current as on the date of the presentation. This information is g