The National Bank Of Ras Al Khaimah · ADX:RAKBANK
The National Bank Of Ras Al Khaimah — 9M 2020 Earnings Presentation
19 slides from The National Bank Of Ras Al Khaimah's earnings presentation, 2020
Slide 1: Investor Presentation Q3 / 9M 2020
Investor Presentation Q3 / 9M 2020
Slide 2: Highlights
RAKBANK Investor Presentation – Q3 / 9M 2020 2 Highlights • Total operating income reduced by AED 242 million in the first 9 Cost to Income months 2020 as compared to the same period of 2019, due to the Total Income challenging external environment. Ratio : 37.4% down by 8.1% As at September 2020 9M
Slide 3: Bank profile
Bank profile RAKBANK Investor Presentation – Q3 / 9M 2020 3
Slide 4: The UAE's leading SME lender
RAKBANK Investor Presentation – Q3 / 9M 2020 4 The UAE’s leading SME lender As at September 2020 AED 6 b History Market Cap • Founded in 1976; listed on Abu Dhabi Securities Exchange (ADX) in 2005. AED 52.3 b • Headquartered in the emirate of Ras Al Khaimah (‘RAK’) Total Assets • Major transformatio
Slide 5: Institutional strength
RAKBANK Investor Presentation – Q3 / 9M 2020 5 Institutional strength Credit Ratings Ownership Structure Rating Agency Last Update Deposits Outlook 3.1% 14.7% Moody’s June 2020 Baa1 / P-2 Negative Government of Ras Al Khaimah UAE Nationals Fitch Ratings May 2020 BBB+ / F2 Stable 52.8% Capital GCC Na
Slide 6: Business segment overview
RAKBANK Investor Presentation – Q3 / 9M 2020 6 Business segment overview Personal Banking Business Banking Wholesale Banking Treasury Insurance • Incorporating individual • Incorporating non- • Incorporating financing • Incorporating money • Incorporating all customer financing, individual financing
Slide 7: Performance
Performance RAKBANK Investor Presentation – Q3 / 9M 2020 7
Slide 8: Performance highlights
RAKBANK Investor Presentation – Q3 / 9M 2020 8 Performance highlights Income statement Quarterly Results 9 Months results Variance 9M Sep'20 Q3'20 (AED Million) Q3'20 Q3'19 Q2'20 9M 2020 9M 2019 Vs Vs Q3'19 9M Sep'19 Net Interes t Income 601.1 712.1 666.5 1,963.7 2,091.7 (15.6%) (6.1%) Non-Interes t
Slide 9: Profitability
RAKBANK Investor Presentation – Q3 / 9M 2020 9 Profitability Profitability (AED billion) Cost-to-income ratio Total Income Net Profit -47.7% 3.8 3.8 4.0 3.8 -8.1% 39.5% 39.2% 38.9% 3.0 38.0% 2.8 37.4% 35.6% 1.1 0.8 0.9 0.8 0.7 0.4 Dec ’16 Dec ’17 Dec ’18 Dec ’19 Sep’19 Sep’20 Dec ’16 Dec ’17 Dec ’18
Slide 10: Balance sheet summary
RAKBANK Investor Presentation – Q3 / 9M 2020 10 Balance sheet summary Breakdown of assets by type (as at 30.09.20) Assets and gross loans & advances (AED billion) Total assets Gross Loans and Advances 1.5% 0.3% 3.6% 6.9% Cash and Balances with UAE Central Bank -10.2% Due from other Banks 15.1% -7.0%
Slide 11: Customer asset mix
RAKBANK Investor Presentation – Q3 / 9M 2020 11 Customer asset mix Total customer assets by segment (AED billion) Total customer assets – personal banking (AED billion) Dec ’17 Dec ’18 Dec ’19 Sep ’20 FI Loans (Banks) Dec ’17 Dec ’18 Dec ’19 Sep ’20 15.1 13.5 11.5 5.7 9.0 5.1 18.8 18.5 18.7 3.5 5.4
Slide 12: Asset quality
RAKBANK Investor Presentation – Q3 / 9M 2020 12 Asset quality Non Performing Loans [AED Mn] Cost of Risk NPL as a % to Gross Loans and Advances Impaired Loans amount 6.2% +21.7% 1,654 1,478 1,446 5.0% 1,334 1,359 4.9% 1,249 5.1% 4.1% 4.2% 4.0% 4.2% 4.0% 3.7% 3.7% 3.7% Dec ’16 Dec ’17 Dec ’18 Dec ’19
Slide 13: Liabilities
RAKBANK Investor Presentation – Q3 / 9M 2020 13 Liabilities Customer Deposits Growth [AED Bn] Notes Call Savings Time Current -6.2% • Customer deposits decreased by AED 2.6 billion to AED 34.2 billion. As 36.8 36.5 compared to Dec’19, time deposits reduced by AED 4.7 bn due to lower 34.1 1.2 34.2 32
Slide 14: Capitalization
RAKBANK Investor Presentation – Q3 / 9M 2020 14 Capitalization Equity breakdown (AED Billion) Capital Adequacy Ratio Share Capital Retained Earnings Reserves CET 1 Ratio Total CAR +2.0% 22.3% 7.5 7.8 7.8 7.5 7.7 7.1 20.7% 1.7 1.7 1,676 1.7 1,676 1.7 1.7 1,676 1,676 1.7 1,676 19.4% 1,676 2.1 2.0 2,01
Slide 15: Additional information
Additional information RAKBANK Investor Presentation – Q3 / 9M 2020 15
Slide 16: Senior leadership
RAKBANK Investor Presentation – Q3 / 9M 2020 16 Senior leadership Board of directors Executive management H.E. Mohamed Omran Alshamsi Chairman Peter England Frederic De Melker Chief Executive Officer MD, Personal Banking H.H. Shaikha Amneh Alqasimi Director H.E. Sheikh Salem Al Qasimi Director Deepa
Slide 17: Recognition
RAKBANK Investor Presentation – Q3 / 9M 2020 17 Recognition Industry Award for the Industry Award for the Best “Outstanding Management” Best Product/Service Best Promotion of the Best Internal Use of Digital Advertiser of the Year in Show launch Gold award year Gold award IT ChatBot MMA MENA Smartie
Slide 18: Disclaimer
RAKBANK Investor Presentation – Q3 / 9M 2020 18 Disclaimer The information in this presentation has been prepared by The National Bank including statements regarding our intent, belief or current expectations with of Ras Al Khaimah (P.S.C) a public joint stock company, United Arab Emirates respect t
Slide 19: Contact Useful information
Contact Useful information Zeina Sammakieh Download copies of: Phone: +971 4 291 5545 • Financial Statements Email: ir@rakbank.ae • Earnings Release • Management Discussion & Analysis RAKBANK Investor Presentation – Q3 / 9M 2020 19
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