The National Bank Of Ras Al Khaimah · ADX:RAKBANK
The National Bank Of Ras Al Khaimah — Q1 2021 Earnings Presentation
19 slides from The National Bank Of Ras Al Khaimah's earnings presentation, 2021
Slide 1: Investor Presentation Q1 / 3M 2021
Investor Presentation Q1 / 3M 2021
Slide 2: Highlights
RAKBANK Investor Presentation – Q1 / 3M 2021 2 Highlights • Quarter driven by a revival across all our business verticals. After the anticipatory IFRS 9 provisions taken in 2020, provision for credit loss Net profit up CASA growth of start to decline. by 70.8% AED 614 million Q1 21 v/s Q4 20 Q1 21 v
Slide 3: Bank profile
Bank profile RAKBANK Investor Presentation – Q1 / 3M 2021 3
Slide 4: The UAE's leading SME lender
RAKBANK Investor Presentation – Q1 / 3M 2021 4 The UAE’s leading SME lender 31 March 2021 History AED 6.7 b • Founded in 1976; listed on Abu Dhabi Securities market cap Exchange (ADX) in 2005 • Headquartered in the emirate of Ras Al Khaimah (‘RAK’) AED 53.2 b total assets • Major transformation in 2
Slide 5: Institutional strength
RAKBANK Investor Presentation – Q1 / 3M 2021 5 Institutional strength Stable credit ratings Diverse ownership 1.7% 31 March 2021 Rating Agency Last Update Deposits Outlook 14.1% Government of Ras Al Moody’s December 2020 Baa1 / P-2 Negative Khaimah UAE Nationals Fitch Ratings May 2021 BBB+ / F2 Stab
Slide 6: Business segment overview
RAKBANK Investor Presentation – Q1 / 3M 2021 6 Business segment overview Personal Banking Business Banking Wholesale Banking Treasury Insurance • Incorporating individual • Incorporating non- • Incorporating financing • Incorporating money • Incorporating all customer financing, individual financing
Slide 7: Performance
Performance RAKBANK Investor Presentation – Q1 / 3M 2021 7
Slide 8: Performance highlights
RAKBANK Investor Presentation – Q1 / 3M 2021 8 Performance highlights Snapshot Quarterly Results Variance (AED million) Q1 ’21 Q4 ’20 Q1 ‘20 Q1 ’21 vs Q4 ‘20 Q1 ’21 vs Q1 ‘20 Net Interest Income 531.7 561.8 696.1 (5.4%) (23.6%) Non-Interest Income 269.2 245.8 305.0 9.5% (11.8%) Total Income 800.9 80
Slide 9: Profitability
RAKBANK Investor Presentation – Q1 / 3M 2021 9 Profitability Profitability (AED billion) Cost-to-income ratio Total Income Net Profit 38.9% 39.5% 39.2% 41.2% 38.0% 36.7% 3.8 3.8 4.0 3.6 -25.8% -20.0% 0.9 1.1 1.0 0.8 0.8 0.5 0.2 0.1 Dec ’17 Dec ’18 Dec ’19 Dec ’20 Mar ’20 Mar ’21 Dec ’17 Dec ’18 Dec
Slide 10: Balance sheet summary
RAKBANK Investor Presentation – Q1 / 3M 2021 10 Balance sheet summary Breakdown of assets by type Assets and gross loans & advances (AED billion) Gross Loans and Advances Total Assets 0.5% 2.5% 7.2% Cash and Balances with UAE 1.4% Central Bank Due from other Banks 14.9% 16.2% Loans and Advances, Net
Slide 11: Customer assets mix
RAKBANK Investor Presentation – Q1 / 3M 2021 11 Customer assets mix Total customer assets by segment (AED billion) Total customer assets – personal banking (AED billion) Dec '18 Dec '19 Dec '20 Mar ‘21 FI Loans - Banks Dec '18 Dec '19 Dec '20 Mar ‘21 18.8 18.7 5.6 18.5 5.4 5.6 16.7 13.4 13.6 12.5 4.
Slide 12: Liabilities
RAKBANK Investor Presentation – Q1 / 3M 2021 12 Liabilities Customer deposits (AED billion) Notes Call Savings Current Time • Customer deposits declined by AED 465.0 million to AED 36.5 billion compared to 31 December 2020 mainly due to decrease of AED 1.1 billion in time deposits which was partly o
Slide 13: Asset quality
RAKBANK Investor Presentation – Q1 / 3M 2021 13 Asset quality Non-performing loans (AED million) Cost of risk Impaired Loans to Gross Loans and Advances Impaired Loans 5.2% 5.4% 5.3% 5.0% 4.8% 4.0% 4.2% 4.0% 4.0% 4.5% 4.1% 3.7% 1,668 1,762 1,334 1,478 1,446 1,448 Dec ’17 Dec ’18 Dec ’19 Dec ’20 Mar
Slide 14: Capitalization
RAKBANK Investor Presentation – Q1 / 3M 2021 14 Capitalization Equity breakdown (AED billion) Total capital adequacy ratio (CAR) Retained Earnings Reserves* Share Capital Total Capital Acequacy Ratio CET 1 +11.4% 20.7% 18.6% 18.1% 20.7% 17.2% 16.8% 16.4% 2.1 2.0 2.1 2.2 1.5 1.7 17.5% 17.0% 16.0% 15.
Slide 15: Additional information
Additional information RAKBANK Investor Presentation – Q1 / 3M 2021 15
Slide 16: Senior leadership
RAKBANK Investor Presentation – Q1 / 3M 2021 16 Senior leadership Board of directors Executive management H.E. Mohamed Omran Alshamsi Chairman Peter England Dhiraj Kunwar Chief Executive Officer MD, Business Banking H.H. Shaikha Amneh Alqasimi Vice Chairman H.E. Sheikh Salem Al Qasimi Director Deepa
Slide 17: Recognition
RAKBANK Investor Presentation – Q1 / 3M 2021 17 Recognition Outstanding Digital Best Use of MarTech Advertiser of the Year Best Service Performance The Number 1 Top Industry Award for the Transformation in Payments Enterprise Outlet – Services Sector Investment House in MENA Advertiser of the Year f
Slide 18: Disclaimer
RAKBANK Investor Presentation – Q1 / 3M 2021 18 Disclaimer The information in this presentation has been prepared by The National Bank including statements regarding our intent, belief or current expectations with of Ras Al Khaimah (P.S.C) a public joint stock company, United Arab Emirates respect t
Slide 19: Contact Useful information
Contact Useful information Zeina Sammakieh Download copies of: Phone: +971 4 291 5545 • Financial Statements Email: ir@rakbank.ae • Earnings Release • Management Discussion & Analysis RAKBANK Investor Presentation – Q1 / 3M 2021 19
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