Commercial Bank Of Dubai(psc) · DFM:CBD
Commercial Bank Of Dubai(psc) — Commercial Bank of Dubai — 9M 2015 Earnings Presentation
24 slides from Commercial Bank Of Dubai(psc)'s earnings presentation, Oct 28, 2015
Slide 1: Commercial Bank of Dubai Investor Presentation - 9M 2015
Commercial Bank of Dubai Investor Presentation - 9M 2015 Dubai, United Arab Emirates 28 October 2015
Slide 2: 9M 2015 Performance
WE SUI wud eli Commercial Bank of Dubai OM 2015 Performance
Slide 3: Disclaimer
Disclaimer The following applies to this document and the oral presentation of the information in this document by Commercial Bank of Dubai PSC (CBD) and any question- and-answer session that follows the oral presentation (collectively, the Information). In accessing the Information, you agree to be
Slide 4: CBD Key Financial Highlights: September 2015
CBD Key Financial Highlights: 30 September 2015 Net profit for the nine months period ending 30 September 2015 was 2.8% higher at AED 915 million as compared to AED 890 million for the same period last year. Operating income for the nine months period ending 30 September 2015 was 9% higher at AED 1.
Slide 5: CBD Summary Financials: September 2015
CBD Summary Financials: 30 September 2015 As at For the period ending 30 Sep 2015 31 Dec 2014 30 Sep 2015 30 Sep 2014 (AED million) (AED million) Total assets 53,314 46,879 Operating income 1,769 1,623 Net loans and advances 38,989 31,822 Operating expenses (628) (524) Customers‘ deposits 37,410 32,
Slide 6: CBD Balance Sheet Indicators: September 2015
CBD Balance Sheet Indicators: 30 September 2015 Gross Loans and Advances (AED million) Total Assets (AED million) Customers’ Deposits (AED million) +9.9% +8.7% +8.2% 41,688 53,314 37,410 34,858 44,476 46,879 32,161 32,995 30,943 39,298 28,052 29,452 +19.6% +13.7% +16.3% 2012 2013 2014 Sep-15 2012 20
Slide 7: CBD Income Statement Indicators: September 2015
CBD Income Statement Indicators: 30 September 2015 Net Interest Income (AED million) Operating Profit (AED million) Net Profit (AED million) +6.4% +5.0% +7.1% 1,221.5 1,099.7 1,141.1 890 915 1,155.6 1,045.4 986.2 1,011.9 1,015.0 +3.8% 744 752 +2.8% +5.7% 9M 2012 9M 2013 9M 2014 9M 2015 9M 2012 9M 20
Slide 8: CBD Loans and Advances by Sector: September 2015
CBD Loans and Advances by Sector: 30 September 2015 30 Sep 2015 31 Dec 2014 (AED million) (AED million) Manufacturing 1,367 1,156 Construction 1,775 1,537 Real Estate 3,842 3,103 Trade 7,583 7,537 Services 5,445 4,815 Business and investment 9,320 8,228 Banks and financial institutions 1,144 337 Gov
Slide 9: CBD Advances Portfolio Quality
CBD Advances Portfolio Quality NPL and Provisions / Gross Loans Loan Loss Coverage (%) Provision / Gross Loan 11.2 NPL / Gross Loan 102.0 10.1 93.7 84.9 9.3 71.7 8.6 8.0 8.7 6.3 6.5 2012 2013 2014 9M 2015 2012 2013 2014 9M 2015 Impairment Allowances and Recoveries (AED million) Highlights Impairment
Slide 10: CBD Sources of Funding
CBD Sources of Funding Weight (%) Weight (%) Sources of funds (AED billion) Source of funds 30 Sep 2015 31 Dec 2014 Interbank borrowing Customers’ deposits Customers’ deposits 70.18 68.61 Other liabilities Equity Notes & Medium term borrowing 53.3 Inter-bank borrowing 3.18 2.34 46.9 1.1 1.7 44.5 0.5
Slide 11: Capital Adequacy
Capital Adequacy 50,000 30.0% 46,433 47,522 RISK WEIGHTED ASSETS (LHS) AEDm 45,000 43,787 42,525 24.5% 23.6% 23.2% 39,688 25.0% 40,000 38,009 22.3% 22.6% 36,909 36,793 36,791 35,925 35,246 34,964 35,005 20.6% 35,000 CAR PILLAR 1 (RHS) 34,773 34,571 19.8% 20.0% 20.0% 19.8% 19.0% 20.0% 18.1% 18.2% 17.
Slide 12: Segment Performance
Segment Performance AED million Net Interest Income Non Interest Income Total Income Actual Actual Actual Actual Actual Actual 9M-2015 9M-2014 % 9M-2015 9M-2014 % 9M-2015 9M-2014 % Corporate 367 358 2.5% 176 133 32.6% 543 491 10.7% Commercial 312 265 18.0% 127 105 21.0% 439 370 18.8% Personal Bankin
Slide 13: CBD Profitability and Key Ratios
CBD Profitability and Key Ratios Net Profit (AED million) Return on Average Equity 1,202 16.7% 3% 15.9% 1,010 15.1% 890 915 859 13.5% 2012 2013 2014 9M 2014 9M 2015 2012 2013 2014 9M 2015 Efficiency Ratio1 Return on Average Assets 35.5% 33.7% 2.5% 2.6% 30.8% 30.9% 2.4% 2.4% 2012 2013 2014 9M 2015 20
Slide 14: Appendix
Commercial Bank of Dubai Appendix 13
Slide 15: CBD Profile
CBD Profile 1969 1982 2015 Public Shareholding With the introduction of CBD is owned by UAE entities and nationals Company by an Emiri restrictions on foreign • CBD shareholders: Government of Dubai (via the Investment Corporation of Dubai) 20% Decree issued by His banks’ operations in the and UAE n
Slide 16: CBD Board of Directors, Shareholders and Management Team
CBD Board of Directors, Shareholders and Management Team Board of Directors Shareholders Government of Dubai * 20% Al Futtaim Private Co. 10.51% Arab Orient Insurance Co. 8.84% Chairman Vice-Chairman Director Mr. Saeed Ahmed Ghobash Mr. Khalid Abdul Wahed Al Mr. Omar Abdulla Al Futtaim Rostamani UAE
Slide 17: CBD Purpose, Mission and Values
CBD Purpose, Mission and Values Purpose Building sustainable prosperity through extraordinary banking experiences. Mission To be loved for our passion and excellence. 16
Slide 18: Corporate Governance
Corporate Governance CBD has adopted a Corporate Governance framework consistent with international best practice. The framework is created on principles of fair treatment of all stakeholders, forming the basis of an effective relationship between CBD, its Board of Directors, its shareholders and ot
Slide 19: CBD Business overview
CBD Business overview The Bank is managed by four main business segments: Total Assets (Sep 2015) Corporate banking Treas. & Inv. • Clients with turnover above AED 500 million. 22.1% Corporate Banking • Provides a range of credit and non-credit banking products (such as overdrafts, term loans, 46.4%
Slide 20: CBD Net Income and Dividend Payout
CBD Net Income and Dividend Payout Net income Distribution to profit ratio Bonus Cash dividend payout 1,202.3 (AED million) 1,121.0 1,010.2 858.9 815.3 560.5 46% 203.8 20% 611.5 611.5 71% 611.5 61% 46% 560.5 2012 2013 2014 19
Slide 21: CBD Credit Ratings
CBD Credit Ratings Long Term Short Term Support Outlook Comments • Sound capitalisation and consistent profitability levels • Wide interest margins A- F2 1 Stable • Adequate liquidity • Support from Federal and local August-15 Government and the Central Bank Long Term Short Term Support Outlook Comm
Slide 22: Corporate Social Responsibility: 9M 2015
Corporate Social Responsibility: 9M 2015 The four elements of CBD’s CSR framework CBD signature CSR event is the annual CBD Youth Athletics Competition which was held for the first time in 2012. The event in association with the Dubai Sports Council and the UAE Athletics Federation is aimed at promo
Slide 23: CBD Awards: 9M 2015
CBD Awards: 9M 2015 Best Kiosk Interface (CBD Digital Kiosk) Bankers ME Awards Best New Online Service (CBD Facebook branch) Best Online Banking Services (CBD Online banking) ‘Marketing, Social Media and Brand’ for our Facebook Branch International Business ‘E-Commerce and Digital Experience’ for ou
Slide 24: End of presentation
End of presentation 23
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