The National Bank Of Ras Al Khaimah · ADX:RAKBANK
The National Bank Of Ras Al Khaimah — Rakbank — FY2015 Earnings Presentation
16 slides from The National Bank Of Ras Al Khaimah's earnings presentation, 2016
Slide 1: RAKBANK Investor Relations Presentation FY 2015
RAKBANK Investor Relations Presentation FY 2015
Slide 2: RAKBANK Profile
RAKBANK Profile Establishment Ownership The National Bank of Ras Al Khaimah was founded in 1976. It underwent RAKBANK is listed on the Abu Dhabi Securities Exchange (ADX) and a major transformation in 2001 as it rebranded into RAKBANK and 52.77% of the Bank’s shares are owned directly and indire
Slide 3: RAKBANK Profile: Subsidiaries, Ratings, Regulatory Framework
RAKBANK Profile Subsidiaries Ratings Subsidiary Ownership Country Purpose Rating Agency Last Update Deposits Outlook Support RAK Insurance 79.23% UAE To develop insurance products September RAK Islamic To sell Sharia- Baa1 / P-2 Stable 2 99.99% UAE 2015 Finance Company compliant products RAKFUNDING
Slide 4: Shareholders, Directors & Management
Shareholders, Directors & Management Ownership Structure Board of Directors H.E. Mohamed Omran Alshamsi Chairman Government of Ras H.E. Sheikh Salem Al Qasimi Director 15.8% Al Khaimah Mr. Ahmed Essa Al Naeem Director Foreigners Mr. Yousef Obaid Al Nuaimi Director 52.8% 28.4% Mr. Salem Ali Al Sharha
Slide 5: Business Segments
Business Segments Retail Banking customers are serviced through a network of 35 branches, over 250 ATMs, as well as Online, Phone, and Mobile Retail Banking solutions. Sales takes place across all channels and through 2000+ mobile staff. This segment has a strong fee-based Banking income from the sa
Slide 6: FY 2015 Highlights
FY 2015 Highlights Financial Snapshot Notes AED millions FY 2015 FY 2014 Growth % Total Operating Income grew by AED 384 million year-on-year. Net Interest Income 3,048 2,757 10.6% Operating Expenses decreased by AED 26.7 million year-on- year. Non-Interest Income 891 798 11.7% As the Group co
Slide 7: Key Ratios
Key Ratios Key Ratios Ratios FY 2015 FY 2014 Y-o-Y Return On Equity 19.3% 22.2% - 2.9% Net Interest Margin 8.0% 8.3% - 0.3% Efficiency Cost to Revenue 37.5% 42.3% - 4.8% Return On Assets 3.7% 4.4% - 0.7% Coverage Ratio 81.4% 87.1% - 5.7% Asset Quality Gross Impaired Loans Ratio 3.2% 2.4% 0.8% Lendin
Slide 8: Balance Sheet Overview
Balance Sheet Overview Breakdown of Assets by Type (as at 31.12.15) Assets and Gross Loans & Advances (AED billions) 0.4% Cash and Balances with Total Assets Gross Loans and Advances 2.2% 2.0% UAE Central Bank 10.1% Due from other Banks 4.7% 50 12.1% 40.6 Loans and Advances, 40 34.8 Net 30.1 28.5 In
Slide 9: Asset Breakdown
Asset Breakdown Breakdown by Product (AED billions) Retail Wholesale 6.50 7 5.54 5.95 31-Dec-13 31-Dec-14 31-Dec-15 6 5 4.60 4.68 3.75 3.90 4.10 3.16 3.67 3.38 4 3.04 2.61 2.83 2.91 3 2.34 2.06 2 1.63 1.13 1.19 1.46 1.04 0.95 0.80 0.99 0.43 1 0.92 0.52 0.4 0.12 0.10 0 Expat Loans National Auto Loans
Slide 10: Asset Quality
Asset Quality Non-Performing Loans (AED millions) Net Credit Loss Impaired Loans Impaired Loans to Gross Loans & Advances 3.2% 5% 3.8% 800 2.5% 2.4% 2.4% 914.4 4% 2.5% 600 3% 618.8 2.00% 1.6% 400 516.5 539.8 2% 1.1% 1% 200 0% 0 0.00% 2012 2013 2014 2015 2012 2013 2014 2015 Coverage Ratio Notes The
Slide 11: Liabilities
Liabilities Customer Deposits (AED billions) Notes Time Current Savings Call Islamic Customer deposits were up by AED 3.2 billion year-on-year. 30 The deposits from the Retail and Wholesale Banking segment 3.5 25 2.6 amounts to 88.8% and 9.1% of the total deposits respectively. 2.0 1.3 0.9 1.0 1
Slide 12: Capitalization
Capitalization Equity Breakdown* (AED billions) Capital Adequacy Ratio (CAR) Share Capital Reserves Retained Earnings 8 28.8% 29.0% 30% 1.8 2.1 26.5% 6 1.5 24.4% 1.2 25% 4 3.9 3.4 3.7 3.0 2 20% 1.5 1.7 1.7 1.7 0 15% 2012 2013 2014 2015 2012 2013 2014 2015 *2015 - Includes a non-controlling interest
Slide 13: Profitability
Profitability Profitability (AED billions) Cost-to-Income Ratio Total Income Net Profit 5 50% 3.9 4 3.6 44.3% 43.8% 3.2 45% 42.3% 2.9 3 40% 37.5% 2 1.40 1.43 1.45 1.40 1 35% 0 30% 2012 2013 2014 2015 2012 2013 2014 2015 Annualized Returns Net Interest Margin ROE ROA 27.0% 10% 30% 23.4% 8.9% 8.6% 22.
Slide 14: Appendix
Appendix
Slide 15: USD 300 million Tap
USD 300 million Tap Transaction Summary Investors by Geography Investors by Type Issuer RAKFUNDING CAYMAN LTD Banks Funds MENA Europe Asia Insurance Private Banks The National Bank of Ras Al Guarantor Khaimah (P.S.C) Guarantor Rating Baa1 (Moody's) / BBB+ (Fitch) Format Regulation S only 6% 7% Statu
Slide 16: 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