The National Bank Of Ras Al Khaimah · ADX:RAKBANK
The National Bank Of Ras Al Khaimah — FY2013 Earnings Presentation
11 slides from The National Bank Of Ras Al Khaimah's earnings presentation, 2014
Slide 1: RAKBANK Investor Relations Presentation FY 2013
RAKBANK Investor Relations Presentation FY 2013 The National Bank of Ras Al-Khaimah (P.S.C)
Slide 2: Snapshot of Ras Al Khaimah
Snapshot of Ras Al Khaimah • Situated less than one hour from Dubai, Ras Al Khaimah is the fourth largest of the seven UAE emirates and is ruled by His Highness Sheikh Saud Bin Saqr Al Qasimi. • Ras Al Khaimah’s strategic geographic location at the mouth of the Arabian Gulf places it at the crossroa
Slide 3: RAKBANK Overview
RAKBANK Overview The National Bank of Ras al Khaimah was Rating Deposits Financial Support founded in 1976. Agency Strength It underwent a major transformation in 2001 Baa1 / P-2 D+ - as it rebranded into RAKBANK. Focus was shifted from corporate banking to retail banking. BBB+ / F2 C 2 RAKBANK is l
Slide 4: Directors & Management
Directors & Management Shareholders Peter England CEO Peter England became the CEO of RAKBANK on 1st November 2013. Before joining RAKBANK, Peter spent seven years as the Head of Retail Banking at CIMB Bank Berhad – a subsidiary of CIMB Group, one of the largest banks in ASEAN where he managed CIMB
Slide 5: RAKBANK Culture
RAKBANK Culture We aim to be the retail bank of choice in the UAE through Banking Cornerstones: Awards: • 1st in the Arab World by Return On Assets • We ensure providing our valued customers with (ROA) and 5th in the Arab World by Return innovative and competitive financial products and services thr
Slide 6: AMAL
AMAL In January 2013, RAKBANK established (AED millions) FY '13 RAKBANK AMAL, its Islamic Banking Unit, Customer Advances 1,172 through an Islamic Banking Division and an Customer Deposits 1,964 Islamic Finance Company. The Islamic Finance Company (RAK Islamic Finance Company) was Profit 3 set up wi
Slide 7: FY 2013 Summary Financials
FY 2013 Summary Financials Key Highlights as at December Income Statement (AED millions) FY ‘13 FY ‘12 Y-o-Y Net Interest Income (inc. Islamic) 2,465 2,306 6.9% 31st 2013 Fee and Commission Income 529 488 8.3% Investment Income 41 (2) Net Profit at AED 1.43 billion Forex Income 75 68 10.6% Other Inc
Slide 8: FY 2013 Profitability Ratios
FY 2013 Profitability Ratios NPL to Gross Advances Ratio Return on Equity Return on Assets 3% 40% 6% 5.4 5.2 5.3 5.0 3% 2.5% 30.8 4.7 2.5% 29.8 28.6 27.0 3% 2.5% 23.4 2% 2.4% 20% 3% 2.4% 2% 2% 2% 0% 0% 2009 2010 2011 2012 2013 09 10 11 12 13 09 10 11 12 13 NPL Coverage Ratio Net Interest Margin Cost
Slide 9: RAKBANK vs. Competitors (FY 2013)
RAKBANK vs. Competitors (FY 2013) ROE ROA ADCB ADCB CBD CBD ENBD ENBD FGB FGB MASHREQ MASHREQ NBAD NBAD RAKBANK RAKBANK 0% 5% 10% 15% 20% 25% 0% 1% 2% 3% 4% 5% 6% Net Loans to Customer Deposits Tier 1 Ratio ADCB ADCB CBD CBD ENBD ENBD FGB FGB MASHREQ MASHREQ NBAD NBAD RAKBANK RAKBANK 0% 20% 40% 60%
Slide 10: RAKBANK vs. Competitors (FY 2013)
RAKBANK vs. Competitors (FY 2013) Net Interest Margin Cost-to-Income ADCB ADCB CBD CBD ENBD ENBD FGB FGB MASHREQ MASHREQ NBAD NBAD RAKBANK RAKBANK 0% 2% 4% 6% 8% 10% 0% 10% 20% 30% 40% 50% Problem Loans to Gross Loans Net Profit in billions (AED) ADCB ADCB CBD CBD ENBD ENBD FGB FGB MASHREQ MASHREQ N
Slide 11: 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
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