National Bank Of Fujairah · ADX:NBF
National Bank Of Fujairah — Investor Presentation (December 2022)
25 slides from National Bank Of Fujairah's investor presentation, December 2022
Slide 1: Investor Presentation For the Period Ended 31 December 2022
PRESENTATION TITLE GOES HERE TITLE CAN EXTEND UP TO HERE Your project title goes here DD/MM/YYY The date comes here Investor Presentation For the Period Ended 31 December 2022
Slide 2: Disclaimer
DISCLAIMER The information contained herein has been prepared by National Bank of Fujairah PJSC (NBF). NBF relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. This presentation has been prepared for informational purposes only and
Slide 3: Overview of NBF
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Slide 4: Overview of National Bank of Fujairah
OVERVIEW OF NATIONAL BANK OF FUJAIRAH National Bank of Fujairah PJSC Overview Financial Highlights ▪ National Bank of Fujairah PJSC ("NBF“ or the “Bank") was AED Mn FY2019 FY2020 FY2021 FY2022 established in Fujairah, UAE in 1982 by a decree issued by the Ruler of Fujairah, H.H. Sheikh Hamad bin Moh
Slide 5: External Recognition & Awards
EXTERNAL RECOGNITION & AWARDS ▪ Best Commercial Bank UAE 2022 – MEA Finance Industry Awards 2022 ▪ Best SME Bank UAE 2022 – MEA Finance Industry Awards 2022 ▪ Best Trade Finance Provider 2022 – MEA Finance Industry Awards 2022 ▪ Best Cyber Assurance and Resiliency Capabilities at the Wealth & Invest
Slide 6: Key Financials at a Glance
KEY FINANCIALS AT A GLANCE Assets Loans & Advances Customer Deposits AED Billion AED Billion AED Billion 27.1 35.7 47.6 26.9 31.9 32.2 30.5 29.8 26.2 42.8 42.9 25.6 39.8 39.9 24.8 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Shareholders’ Equity Operating Income Net Pro
Slide 7: Key Performance Indicators at a Glance
KEY PERFORMANCE INDICATORS AT A GLANCE ROAA ROAE Cost to Income Ratio 1.6% 1.3% 12.3% 35.4% 33.7% 9.6% 33.2% 33.0% 31.9% 0.8% 5.9% 0.3% 2.0% -7.9% -1.1% 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Non-Interest Income to Total Pure AD CASA Mix Income 47.9% 45.3% 38.0% 3
Slide 8: Operating Performance
OPERATING PERFORMANCE Key Highlights Total Interest Income Composition ▪ NBF posted record results achieving its best ever operating AED Million Investments and Islamic instruments performance. Operating income reached AED 1.8 billion up Due from banks including the UAE Central Bank CDs 25.8% and op
Slide 9: Assets Composition
ASSETS COMPOSITION Breakdown of Assets by Geographical Key Highlights Assets and Advances Distribution ▪ Total assets rose by 10.9% to reach AED 47.6 billion AED Million Total Assets Advances 31 December 2022 compared to AED 42.9 billion at 2021 year-end. 47,623 42,805 42,946 ▪ Total Advances grew b
Slide 10: Investment and Islamic Instruments
INVESTMENT AND ISLAMIC INSTRUMENTS Investments and Islamic Instruments by Ratings* Breakdown of Investments and Islamic Instruments by Stage 31 December 2022 0.9% 31 December 2022 8.9% 16.0% 13.9% 18.6% 1.1% Stage 1 15.6% 25.2% 100% AAA AA AA- A+ A A- BBB+ Below BBB+ / Unrated Investments and Islami
Slide 11: Asset Quality
ASSET QUALITY Key Highlights Non-Performing Loans & NPL Ratio NBF’s asset quality indicators reflect improving trend from the AED Million aftermath of COVID-19 pandemic and few exceptional exposures. 4,000 14.0% NBF’s strengthening of credit underwriting standards and risk appetite 3,500 12.0% to re
Slide 12: Liquidity Position
LIQUIDITY POSITION Key Highlights Liquid Assets ▪ NBF continues to maintain robust liquidity levels and AED Million maintains prudent and high quality of liquidity Cash and balances with the UAE Central Bank Due from banks and financial institutions* commensurate to its liquidity risk profile. 1,615
Slide 13: Funding Profile
FUNDING PROFILE Funding Mix Customer Deposits 31 December 2022 AED Million Demand and margin Savings Fixed term and notice Total 12.3% 7.1% Due to banks 35,736 4.6% 31,950 32,199 Customer deposits and Islamic 30,472 29,766 0.9% customer deposits 19,563 Term borrowings 16,786 21,696 22,274 18,459 642
Slide 14: Strong Capitalisation
STRONG CAPITALISATION Key Highlights Equity Breakdown Capital Base NBF is well capitalized with a Capital Adequacy Ratio and Total AED Million AED Million Tier 1 Ratio of 18.6% and 17.4% respectively, as at 31 Share Capital Reserves Total CET1 Additional Tier 1 Total Tier 2 December 2022, well above
Slide 15: NBF's Core Performance and Outlook
NBF’S CORE PERFORMANCE AND OUTLOOK Key Metrics 2021 2022 Outlook Despite the evolving global landscape being dominated by significant Return on Average Equity 2.0% 5.9% geopolitical tensions, increasing interest rates and turbulence, the UAE Profit NIM 2.4% 2.7% has moved steadily forward and the ec
Slide 16: Business Overview
02 BUSINESS OVERVIEW 7/18/2023
Slide 17: Overview of Business Segments
OVERVIEW OF BUSINESS SEGMENTS NBF offers a full range of products through five main business divisions Corporate Contribution to Assets ▪ NBF's largest segment in terms of assets, liabilities and income. and 31 December 2022 ▪ Services include deposit facilities, credit/trade finance and ancillary s
Slide 18: Corporate and Institutional Banking
CORPORATE AND INSTITUTIONAL BANKING Overview Gross Loans – Sector Breakdown 31 December 2022 ▪ The Bank’s CIB operations are split into three ▪ The principal CIB products and services offered by Agriculture and allied activities main sub-divisions: the Bank include: 0.1% 8.2% 5.4% Banking & Financia
Slide 19: Business Banking
BUSINESS BANKING Overview Gross Loans – Sector Breakdown 31 December 2022 ▪ The Business Banking structure comprises of Banking & Financial Institutions ▪ Business Banking 0.5% Construction & real ▪ SMEs 4.4% 8.9% estate 0.7% ▪ Services & Manufacturing 39.2% Electricity, gas & water 0.1% ▪ Trading a
Slide 20: Retail Banking
RETAIL BANKING Overview Gross Loans – Product Mix ▪ NBF’s retail banking segment offers a wide ▪ The principal retail client products and services 31 December 2022 range of products and services to individuals offered by the Bank include: and high net worth clients. 0.9% 5.8% ▪ Account Services ▪ NB
Slide 21: Treasury, ALM and Other
TREASURY, ALM AND OTHER Overview Operating Income Mix ▪ Treasury and ALM ▪ Trading & Market Risk Solutions 31 December 2022 ▪ Centralizes and manages the Group's liquidity via an ▪ Provision of efficient & competitive FX Pricing 5.9% advanced ALM system. Solutions for NBF Clients through diverse ALM
Slide 22: Islamic Banking
ISLAMIC BANKING Overview Gross Loans – Sector Breakdown ▪ The principal Sharia’a-compliant retail products and services offered by the NBF Islamic include: 31 December 2022 Banking & Financial 3.9% 8.5% Institutions Account Services Corporate Advisory, Syndications, Treasury ▪ Standard Current, Savi
Slide 23: Thank You
Thank you THANK YOU © 2022 National Bank of Fujairah. All rights reserved. The content herein has been prepared by National Bank of Fujairah PJSC (NBF). This is for your reading and reference only, it is prohibited without pre-approval of NBF to copy, share, or reproduce the content herein in any fo
Slide 24: Appendix
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Slide 25: IFRS 9 – Exposure and ECL Mix
IFRS 9 – EXPOSURE AND ECL MIX Overview ECL Mix ▪ The principal factors contributing to the movement are : (i) Movement in total outstanding balances [funded + unfunded + limits impact] (ii) Change in risk ratings (iii) Term structure of contracts 67.7% 61.9% 63.0% 66.3% 76.0% (iv) DPD changes and (v
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