The National Bank Of Ras Al Khaimah · ADX:RAKBANK
The National Bank Of Ras Al Khaimah — Q2 2022 Earnings Presentation
22 slides from The National Bank Of Ras Al Khaimah's earnings presentation, 2022
Slide 1: Investor Presentation Q2 / 6M 2022
Investor Presentation Q2 / 6M 2022
Slide 2: The UAE's leading SME lender's Institutional Strength
RAKBANK Investor Presentation – Q2 / 6M 2022 2 The UAE’s leading SME lender’s Institutional Strength History Credit Ratings • 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’). M
Slide 3: Our Business Model
RAKBANK Investor Presentation – Q2 / 6M 2022 3 Our Business Model Personal Banking Business Banking Wholesale Banking Individual customer financing, Non-individual financing and Financing and deposit services for A Full larger corporates bodies, including credit, debit cards and deposit deposit serv
Slide 4: Senior leadership
RAKBANK Investor Presentation – Q2 / 6M 2022 4 Senior leadership Board of directors Executive management Executive Management H.E. Mohamed Omran Alshamsi Chairman Raheel Ahmed Dhiraj Kunwar Chief Executive Officer MD, Business Banking H.H. Shaikha Amneh AlQasimi Vice Chairman Deepak Majithia Shehzad
Slide 5: Financial Performance
Financial Performance RAKBANK Investor Presentation – Q2 / 6M 2022 5
Slide 6: Key Highlights: Strong Profitability Growth with Solid Returns
RAKBANK Investor Presentation – Q2 / 6M 2022 6 Key Highlights: Strong Profitability Growth with Solid Returns Net Profit Total Assets Gross Loans & Adv. Return on Equity Market AED 527.4mn AED 60.8bn AED 35.8bn 12.7% for H1’22 Capitalization +72.4% YoY +11.9% YoY +7.8% YoY +4.8% over H1’21 AED 7.5bn
Slide 7: Performance highlights
RAKBANK Investor Presentation – Q2 / 6M 2022 7 Performance highlights Income Statement [AED Mn] Income Statement Highlights Quarter Results Half Yearly Q2’22 vs Q2 ’22 vs H1’22 vs (AED Mn) Q2’22 Q2’21 Q1’22 H1’22 H1’21 Q2’21 Q1 ‘22 H1'21 Net Interest Income 563.0 543.0 540.4 3.7% 4.2% 1,103.4 1,074.
Slide 8: Performance highlights
RAKBANK Investor Presentation – Q2 / 6M 2022 8 Performance highlights Balance Sheet Highlights [AED Bn] Notes Balance Sheet Highlights Results as at Q2'22 Vs Q2'22 Vs Q2'22 Vs • Growth in Total Assets of 7.9% YTD & 11.9% YOY (AED Bn) Q2'22 Q1'22 Q4'21 Q2'21 mainly through Loans & Advances which grew
Slide 9: Profitability
RAKBANK Investor Presentation – Q2 / 6M 2022 9 Profitability Annualized Returns Net Interest Margin ROE (Q) ROA (Q) 14.9% 14.8% 13.5% 5.5% 5.1% 11.3% 10.7% 10.5% 4.6% 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% 0.9% 0.9% Dec Dec Dec Mar Jun Sept Dec Mar Jun Dec De
Slide 10: Balance sheet summary
RAKBANK Investor Presentation – Q2 / 6M 2022 10 Balance sheet summary Assets & Advances Growth [AED Bn] Notes Gross Loans & Advances Total Assets • Gross Loans and Advances increased by AED 1.6 Bn as compared to 61.0 Q4’21 leading to a healthy growth in Total Assets 57.1 56.3 54.3 52.7 52.8 • Lendin
Slide 11: Customer Assets Mix
RAKBANK Investor Presentation – Q2 / 6M 2022 11 Customer Assets Mix Total Customer Assets by Segment [AED Bn] Total Customer Assets – Personal Banking [AED Bn] Dec '19 Dec '20 Dec '21 Jun ‘22 FI Loans - Banks Dec ’19 Dec ’20 Dec ’21 Jun ’22 18.7 17.3 17.4 17.8 16.7 15.4 9.8 5.6 13.4 8.3 8.6 12.5 7.9
Slide 12: Customer Assets Composition
RAKBANK Investor Presentation – Q2 / 6M 2022 12 Customer Assets Composition Customer Assets by Segment [AED Bn] Notes 43.7 17.3 (39.7%) • Change in Balance sheet composition, in line 29.0 1.9 with the diversification strategy (6.6%) 8.9 • We continue to build and scale up our Personal 8.6 (30.8%) (1
Slide 13: Liabilities
RAKBANK Investor Presentation – Q2 / 6M 2022 13 Liabilities Customer Deposits Growth [AED Bn] Notes Time Current Savings Call +6.8% 39.6 36.8 36.9 37.6 37.0 34.1 1.3 • Customer deposits increased by AED 1.9Bn to AED 39.6Bn due to increase 1.2 1.2 1.3 1.1 4.0 1.3 3.3 3.8 4.0 3.9 2.9 of AED 1.3Bn in t
Slide 14: Asset quality
RAKBANK Investor Presentation – Q2 / 6M 2022 14 Asset quality Non Performing Loans [AED Mn] Cost of Risk Impaired Loans (NPL) to Gross Loans Advances Impaired Loans (NPL) 5.2% 5.4% 4.8% 5.1% 4.5% 4.5% 4.1% 4.2% 4.1% 4.0% 3.7% 3.6% 3.7% 3.6% 2.7% 1,668 1,762 1,680 2.2% 1,478 1,446 1,507 1,416 1,333 1
Slide 15: Capitalization
RAKBANK Investor Presentation – Q2 / 6M 2022 15 Capitalization Breakdown of Equity [AED Bn] Capital Adequacy Ratio Retained Earnings Reserves* Share Capital CAR CET1 +5.2% 8.4 8.3 18.6 7.8 7.8 7.9 18.1 7.1 1.7 17.8 17.8 1.7 1.7 1.7 1.7 17.2 17.0 1.7 16.8 16.8 16.5 3.9 17.5 4.1 4.1 4.1 4.1 17.0 4.0 1
Slide 16: ESG Framework & Strategic Direction
ESG Framework & Strategic Direction RAKBANK Investor Presentation – Q2 / 6M 2022 16
Slide 17: ESG Framework
RAKBANK Investor Presentation – Q2 / 6M 2022 17 ESG Framework Performance Snapshot Environmental Social Governance • Supported budding entrepreneurs by offering financing solutions to more than 2,400 SMEs in the last 6 months. • Sponsored Basma Campaign by Al Jalila Foundation to help women and chil
Slide 18: Strategic Direction
RAKBANK Investor Presentation – Q2 / 6M 2022 18 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 capabi
Slide 19: Awards
Awards RAKBANK Investor Presentation – Q2 / 6M 2022 19
Slide 20: Recognition
RAKBANK Investor Presentation – Q2 / 6M 2022 20 Recognition UAE’s SME Bank of UAE’s Mid-sized Domestic Best SME Bank Best SME Bank in UAE the Year Retail Bank of the year Banking Excellence Global Finance Magazine Asian Banking & Finance Asian Banking & Finance Awards Awards Awards The Number 1 Top
Slide 21: Disclaimer
RAKBANK Investor Presentation – Q2 / 6M 2022 21 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 and
Slide 22: 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 – Q2 / 6M 2022 22
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