Abu Dhabi Commercial Bank · ADX:ADCB
Abu Dhabi Commercial Bank — Abu Dhabi Commercial Bank PJSC — Q1 2012 Earnings Presentation
17 slides from Abu Dhabi Commercial Bank's earnings presentation, 2012
Slide 1: Earnings presentation Q1'12 results
Abu Dhabi Commercial Bank PJSC Earnings presentation Q1’12 results 1
Slide 2: Disclaimer
Disclaimer This document has been prepared by Abu Dhabi Commercial Bank PJSC (“ADCB”) for information purposes only. The information, statements and opinions contained in this presentation do not constitute a public offer under any applicable legislation or an offer to sell or solicitation of an off
Slide 3: Our strategy
Our strategy… • Growth through a UAE centric approach and controlled ‘internationalisation’ • Sustainability through liability growth • Maintaining a culture of service excellence and efficiency • Managing ADCB’s risk in line with a predefined risk strategy • Attracting, developing and retaining the
Slide 4: Analysis of ADCB's first quarter results
Analysis of ADCB’s first quarter results… AED million Q1’12 Q4'11 Q1'11 Q4'11 Q1'11 QoQ % YoY% Income statement highlights Change Change Total net interest and Islamic financing income 1,195 1,391 926 (14) 29 Sustainable revenue generation Non-interest income 389 231 400 68 (3) Operating income 1,
Slide 5: Sustainable revenue generation, diversified streams of income
Sustainable revenue generation, diversified streams of income… Net interest income* Evolution of yields +29% 5.15% 5.20% Sustainable 1,391 4.99% 5.12% 4.83% revenue 1,335 generation 1,036 1,195 926 Strong balance 3.47% 3.60% sheet 1,969 2,009 1,894 1,846 1,913 AED 3.02% Position of 2.80% mn 2.69% ca
Slide 6: Strong core banking franchise delivering solid results
Strong core banking franchise delivering solid results… Operating expenses Cost to income ratio* Sustainable +18% revenue -8% generation 37% Strong balance 560 548 34% 528 506 30% 32% sheet 44 47 31% 427 47 41 43 201 181 221 Position of 173 capital strength 184 Conservative AED 315 300 280 292 risk
Slide 7: Effective management of balance sheet with a UAE centric approach
Effective management of balance sheet with a UAE centric approach… Composition of assets (AED 183 bn) Split of the loan portfolio, gross (AED 130 bn) Cash and Real estate Sustainable Investments* Fixed and other balances with Development revenue 9% assets investment Energy Central Banks & constructi
Slide 8: Sustainability through liability growth, diversified sources of funding
Sustainability through liability growth, diversified sources of funding… Composition of liabilities (AED 160 bn) Customer deposits by: +4% Counterparty Type Sustainable revenue 2% 1% generation 114.5 109.9 AED 114.5 bn AED 109.9 bn 17% 16% Strong balance 25% sheet 25% 54% 57% Position of -19% capita
Slide 9: Strong capital position and liquidity levels
Strong capital position and liquidity levels… Capital position and risk weighted assets Capital adequacy ratio and Tier I ratio Sustainable 23.19% revenue 138.5 135.4 137.6 137.6 22.51% generation Strong balance 31.0 31.9 sheet 9.0 17.38% 16.65% 24.1 22.6 9.1 16.62% Position of 15.90% capital streng
Slide 10: Asset quality
Asset quality… NPL ratio and provision coverage ratio NPLs and impairment allowances ■ NPL ratio — Provision coverage ratio 14,278 Sustainable ■ NPLs revenue 80.0% ■ Collective impairment generation 67.8% 70.4% ■ Individual impairment Strong balance 44.1% 7,194 sheet 6,242 6,296 6,025 5,920 11.1% 5,
Slide 11: Investment portfolio
Investment portfolio… Available for investments (AED 17 bn) Remaining funded FRN & CDO exposure Mutual funds Sustainable 0.69% revenue Government generation Equity 200 (179) securities 1.07% - 21.31% Strong balance sheet FRN & CDO 1.75% Position of capital strength Bonds 22 Conservative AED risk 75.
Slide 12: Awards in Q1'12
Awards in Q1’12… “Best Woman Award in the Banking & “Human Resources Award in the Financial Sector 2011 " Banking & Financial Sector 2011” by by Human Resources Development Committee in Human Resources Development Committee in Banking & Financial Sector Banking & Financial Sector At At the 14th edit
Slide 13: Summary
Summary… • Clearly defined strategy • Leading core banking franchise • Healthy balance sheet • Strong capital and liquidity levels 13
Slide 14: Appendix
Appendix • Franchise overview • Financial statements 14
Slide 15: ADCB – a leading bank in the UAE
ADCB – a leading bank in the UAE… Overview Investment grade rating • Third largest bank in the UAE and second largest in the Emirate Long term Short term of Abu Dhabi in terms of total assets, 11.65% market share by Outlook rating rating loans and 10.27% market share by deposits as at 31 December 20
Slide 16: Group performance – balance sheet
Group performance – balance sheet AED mn 31 Mar’12 31 Dec’11 Variance (%) Cash and balances with Central Banks 7,556 6,630 14 Deposits and balances due from banks 17,664 20,840 (15) Loans and advances, net 123,866 124,755 (1) Derivative financial instruments 4,533 4,845 (6) Investment securities* 17
Slide 17: Group performance - income statement
Group performance - income statement 31 Mar’12 31 Mar’11 Variance (%) AED mn Interest and income from Islamic financing 1,913 1,894 1 Interest expense and profit distribution (717) (968) (26) Net interest and Islamic financing income 1,195 926 29 Net fees and commission income 249 263 (5) Net tradin
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