Dubai Islamic Bank PJSC · DFM:DIB
Dubai Islamic Bank PJSC — Dubai Islamic Bank — H1 2017 Earnings Presentation
22 slides from Dubai Islamic Bank PJSC's earnings presentation, 2017
Slide 1: The better way to bank
The better way to bank Investor Presentation For the period ended June 30th 2017
Slide 2: Disclaimer
Disclaimer THIS PRESENTATION IS NOT FOR PUBLICATION, RELEASE, OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, INTO AUSTRALIA, CANADA, SOUTH AFRICA, JAPAN OR THE UNITED STATES. THIS PRESENTATION DOES NOT CONSTITUTE OR FORM PART OF AN OFFER TO SELL OR TO ISSUE ANY SECURITIES OR SOLICITATION OF AN OFFER TO PU
Slide 3: Contents
Contents 1. Overview of Dubai Islamic Bank 2. Strategic Intent 3. Financial Performance 4. Strategic Focus 5. Appendix 3
Slide 4: Dubai Islamic Bank at a Glance
Dubai Islamic Bank at a Glance A leading Islamic bank with a growing international footprint Snapshot of Dubai Islamic Bank Geographic Presence Ownership (as at 30 June 2017) • Dubai Islamic Bank (“DIB” or the “Bank”) was established in Existing Presence 1975 as the world’s first full service Islami
Slide 5: Contents: Strategic Intent
Contents 1. Overview of Dubai Islamic Bank 2. Strategic Intent 3. Financial Performance 4. Strategic Focus 5. Appendix 5
Slide 6: Strategic Focus 2017
Strategic Focus 2017 New Business & New Customer Lead Islamic Finance growth in UAE Enhance Penetration – and beyond existing customers, existing sectors PROTECT Innovation – Products, Service, Retain customers – Service Quality / Technology, Channels Targeted Product Marketing & Selling GROW Delive
Slide 7: Contents: Financial Performance
Contents 1. Overview of Dubai Islamic Bank 2. Strategic Intent 3. Financial Performance 4. Strategic Focus 5. Appendix 7
Slide 8: Overall Financial Performance (as at 30th June 2017)
Overall Financial Performance (as at 30th June 2017) Strong Financial Performance on the Back of Intense Focus on Growth Balance Sheet Items Financial Highlights AED million 2016 Jun 2017 Change Key Ratios Dec 2015 Dec 2016 Jun 2017 Net Financing Assets 114,968 125,442 9% Net Financing to Deposit Ra
Slide 9: Operating Performance & Profitability
Operating Performance & Profitability Robust & Growing Profitability (AED million) Sustained Strong Margins (AED million) 3.63% 3.70% 6,761 174,413 6,489 3.60% 156,082 3.50% 132,630 3.40% 4,050 3.30% 3,839 3,676 3,356 3.20% 3.23% 3.10% 2,004 2,143 3.15% 3.00% 2.90% 2.80% 2.70% Dec 2015 Dec 2016 Jun
Slide 10: Deployment of Funds / Financings
Overview of Deployment of Funds / Financings Deployed Funds Composition (AED bn) Deployment by Segment (AED bn) 193 175 Dec 2015 Dec 2016 H1 2017 7 12 81 150 7 8 12 14 72 7 8 11 10 26 8 23 56 7 20 37 38 39 126 26 97 115 20 23 14 10 11 10 7 10 8 8 8 Dec 2015 Dec 2016 Jun 2017 Corporate Consumer Real
Slide 11: Improving Asset Quality
Improving Asset Quality Non-Performing Assets (“NPA”)1 Financing Provisions and Coverage Ratios Overall Coverage Ratio² Provision Coverage Ratio NPA Ratio Impaired Financing Ratio 5.0% 158% 161% 147% 4.1% 3.9% 3.6% 3.6% 117% 120% 3.3% 95% Dec 2015 Dec 2016 Jun 2017 Dec 2015 Dec 2016 Jun 2017 Cumulat
Slide 12: Funding Sources and Liquidity
Funding Sources and Liquidity Funding Sources (AED bn) Customers’ Deposits (AED bn) Liquidity Position (AED bn) Due to banks & FIs Other payables Equity Sukuk Customer Deposits Liquid Assets Liquid Assets/Total Assets (%) Customers' Deposits Net Financing to Deposit Ratio* 193 175 9 11% 7 150 11 94%
Slide 13: Capitalization Overview
Capitalization Overview Total Equity1 Breakdown (AED million) Capital Ratios* Capital Reserves & Treasury Shares Retained Earnings Tier 1 Sukuk CAR Tier 1 Ratio 24,501 24,148 18.2% 18.1% 20,469 7,346 7,346 18.2% 16.6% 17.8% 7,346 15.7% 5,641 5,246 14.9% 16.2% 4,564 15.5% 6,572 6,614 14.7% 4,605 3,95
Slide 14: Contents: Strategic Focus
Contents 1. Overview of Dubai Islamic Bank 2. Strategic Intent 3. Financial Performance 4. Strategic Focus 5. Appendix 14
Slide 15: Strategic Focus 2017
Strategic Focus 2017 New Business & New Customer Lead Islamic Finance growth in UAE and Enhance Penetration – beyond existing customers, existing sectors PROTECT Innovation – Products, Service, Technology, Retain customers – Service Quality / Channels Targeted Product Marketing & Selling GROW Delive
Slide 16: Contents: Appendix
Contents 1. Overview of Dubai Islamic Bank 2. Strategic Intent 3. Financial Performance 4. Strategic Focus 5. Appendix 16
Slide 17: Consolidated Income Statement
Consolidated Income Statement AED million H1 2017 H1 2016 2016 2015 Net Income Reviewed Audited Audited Audited Income from Islamic financing and investing transactions 3,713 3,157 6,521 5,520 Commission 684 758 1,425 1,295 Income / (loss) from other investment 29 26 36 37 Income from investment pro
Slide 18: Balance Sheet
Balance Sheet As on AED million 30 Jun 2017 31 Dec 2016 31 Dec 2015 Assets Reviewed Audited Audited Cash and balances with central banks 17,932 16,655 13,415 Due from banks and financial institutions 7,621 4,546 5,085 Islamic financing and investing assets, net 125,442 114,968 97,220 Investments in
Slide 19: DIB's Key Business Lines
DIB’s Key Business Lines Core Business Profiles The principal activities of DIB are focused around five core business areas: (i) Retail & Business Banking; (ii) Corporate Banking (“CBG”); (iii) Real Estate & Contracting Finance; (iv) Investment Banking; and (v) Treasury. Real Estate & Contracting Co
Slide 20: 2014 - 2016 Select Awards & Accolades
2014 - 2016 Select Awards & Accolades Dr. Adnan Chilwan Forbes 2016 Top 10 • Best Islamic Bank Indian Leaders Best Sharia Advisory • Best Islamic Retail Bank UAE in the Arab • Best Overall Islamic Bank World • Indonesia Deal of the Year Service for Dar Al Sharia • Best Investment Bank • Best Premium
Slide 21: 2015 - 2016 Select DIB DCM Transactions
2015 - 2016 Select DIB DCM Transactions Government of Pakistan US$ 250,000,000 Sukuk US$ 1,500,000,000 Sukuk US$ 500,000,000 Sukuk US$ 1,000,000,000 Sukuk US$ 750,000,000 Sukuk US$ 500,000,000 Sukuk (Tap Issue) Joint Lead Manager Joint Lead Manager Joint Lead Manager Joint Lead Manager Joint Lead Ma
Slide 22: 2015 – 2016 Select Syndicated Transactions
2015 – 2016 Select Syndicated Transactions Government of Pakistan, Bukhatir Industrial Ministry of Finance Investments AED 1,120,000,000 USD 460,000,000 USD 200,000,000 AED 1,000,000,000 USD 830,000,000 AED 993,000,000 Mandated Lead Arranger Mandated Lead Arranger Mandated Lead Arranger Mandated Lea