The National Bank Of Ras Al Khaimah · ADX:RAKBANK
The National Bank Of Ras Al Khaimah — Q3 2022 Earnings Presentation
19 slides from The National Bank Of Ras Al Khaimah's earnings presentation, 2022
Slide 1: Investor Presentation Q3 / YTD Sep'2022
Investor Presentation Q3 / YTD Sep’2022
Slide 2: The UAE's leading SME lender's Institutional Strength
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 2 The UAE’s leading SME lender’s Institutional Strength Credit Ratings History • Founded in 1976; listed on Abu Dhabi Securities Exchange (ADX) in 2005. Rating Agency Last Update Deposits Outlook • Headquartered in the emirate of Ras Al Khaimah (‘RAK
Slide 3: Senior leadership
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 3 Senior leadership Board of directors Executive Management Raheel Ahmed Dhiraj Kunwar H.E. Mohamed Omran Alshamsi Chairman Chief Executive Officer MD, Business Banking H.H. Shaikha Amneh AlQasimi Vice Chairman Deepak Majithia Shehzad Faisal Hameed M
Slide 4: Financial Performance
Financial Performance RAKBANK Investor Presentation – Q3 / YTD Sep'2022 4
Slide 5: Key Highlights: Strong Profitability Growth with Solid Returns
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 5 Key Highlights: Strong Profitability Growth with Solid Returns Net Profit Total Assets Gross Loans & Adv. Return on Equity Market AED 878.8M AED 63.8B AED 36.0B 13.9% for YTD Sep'22 Capitalization +64.4% YoY +17.1% YoY +7.5% YoY +4.8% YOY AED 8.0B
Slide 6: Performance highlights
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 6 Performance highlights Income Statement [AED M] Income Statement Highlights Quarter Results 9 months Results Q3’22 vs Q3'22 vs YTD'22 (AED M) Q3'22 Q3'21 Q2'22 YTD'22 YTD'21 Q3’21 Q2'22 vs YTD'21 Net Interest Income 652.8 546.5 563.0 19.5% 15.9% 1,
Slide 7: Performance highlights
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 7 Performance highlights Balance Sheet Highlights [AED B] Notes Balance Sheet Highlights Results as at Variance Sep'22 vs Sep'22 vs Sep'22 vs • Growth in Total Assets of 13.4% YTD & 17.1% (AED B) Sep'22 Jun'22 Dec'21 Sep'21 Dec'21 Sep'21 Jun'22 YOY m
Slide 8: Profitability
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 8 Profitability Annualized Returns Net Interest Margin ROE (Q) ROA (Q) 16.2% 14.9% 14.8% 13.5% 5.5% 5.1% 11.3% 10.7% 10.5% 4.6% 4.3% 9.8% 4.2% 4.2% 4.1% 4.0% 3.9% 3.9% 6.5% 5.9% 1.8% 2.0% 1.5% 1.7% 1.6% 1.6% 2.1% 2.3% 0.9% 0.9% FY’18 FY’19 FY’20 Q1’2
Slide 9: Balance sheet summary
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 9 Balance sheet summary Assets & Advances Growth [AED B] Notes Gross Loans & Advances Total Assets • Gross Loans and Advances increased by AED 1.8B as compared to 63.8 Q4’21 contributing to a healthy growth in Total Assets 57.1 56.3 54.5 52.7 52.8 •
Slide 10: Business Assets Mix
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 10 Business Assets Mix Total Business Assets by Segment [AED B] Total Business Assets – Personal Banking [AED B] Dec '19 Dec '20 Dec '21 Sep ‘22 FI Loans - Banks Dec ’19 Dec ’20 Dec ’21 Sep ’22 18.7 18.0 17.4 17.7 16.7 5.6 5.9 6.2 9.8 15.4 5.4 9.0 13
Slide 11: Liabilities
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 11 Liabilities Customer Deposits Growth [AED B] Notes Time Current Savings Call +8.8% 40.3 36.8 36.9 37.6 37.0 1.3 34.1 1.2 1.2 1.3 1.0 3.7 • Customer deposits increased by AED 2.6B to AED 40.3B compared to Q4- 1.3 3.3 3.8 4.0 3.8 21 due to increase
Slide 12: Asset quality
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 12 Asset quality Non Performing Loans [AED M] Cost of Risk Impaired Loans (NPL) to Gross Loans Advances Impaired Loans (NPL) 5.2% 5.4% 4.8% 5.1% 4.5% 4.2% 4.5% 4.1% 4.0% 4.1% 3.7% 3.6% 3.7% 3.6% 3.2% 2.7% 1,668 1,762 1,680 2.2% 1,507 2.1% 1,478 1,446
Slide 13: Capitalization
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 13 Capitalization Breakdown of Equity [AED B] Capital Adequacy Ratio Retained Earnings Reserves* Share Capital CAR CET1 +6.5% 8.7 18.6 8.4 8.1 7.8 7.8 18.1 7.1 1.7 17.8 17.8 1.7 1.7 17.2 1.7 1.7 16.8 17.0 16.8 17.0 1.7 16.5 3.9 17.5 4.1 4.1 17.0 4.1
Slide 14: Strategic Direction
Strategic Direction RAKBANK Investor Presentation – Q3 / YTD Sep'2022 14
Slide 15: Strategic Direction
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 15 Strategic Direction Dominate Scale up Move up the Identify new Deliver a brilliant Customer Experience the SME Personal value chain in sources of ecosystem Banking Wholesale revenue Banking growth Modernize tech. Architecture and upgrade digital c
Slide 16: Awards
Awards RAKBANK Investor Presentation – Q3 / YTD Sep'2022 16
Slide 17: Recognition
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 17 Recognition
Slide 18: Disclaimer
RAKBANK Investor Presentation – Q3 / YTD Sep'2022 18 Disclaimer The information in this document has been prepared by The National Bank of respect to RAKBANK’s businesses and operations, market conditions, results of Ras Al Khaimah (P.S.C) a public joint stock company, United Arab Emirates operation
Slide 19: Contact Useful information
Contact Useful information Geraldine Dagher Download copies of: • Financial Statements Phone: +971 4 291 5064 • Earnings release with Management Discussion & Analysis Email: ir@rakbank.ae RAKBANK Investor Presentation – Q3 / YTD Sep'2022 19
The National Bank of Ras Al Khaimah (RAKBANK) — Q3 2022 Earnings Presentation on 6ix