The National Bank Of Ras Al Khaimah · ADX:RAKBANK
The National Bank Of Ras Al Khaimah — FY2014 Earnings Presentation
17 slides from The National Bank Of Ras Al Khaimah's earnings presentation, 2015
Slide 1: RAKBANK Investor Relations Presentation Full Year 2014
RAKBANK Investor Relations Presentation Full Year 2014
Slide 2: RAKBANK Profile
RAKBANK Profile Overview of RAKBANK Establishment Ownership Segments Strategy The National Bank of Ras Al RAKBANK is listed on the Abu The Bank operates via 3 main Historically, the strategy focus Khaimah was founded in 1976. Dhabi Securities Exchange business divisions: Retail has been on the Retai
Slide 3: Shareholders, Directors, & Management
Shareholders, Directors, & Management Ownership Structure (as at 31 December 2014) Board of Directors H.E. Sheikh Omar bin Saqr Al-Qasimi Chairman Foreign H.E. Sheikh Salim bin Sultan Al-Qasimi Member Ownership Mr. Hamad Abdulaziz Al Sagar Member 19.58% The Government of Mr. Abdul Aziz Abdullah Al Z
Slide 4: FY2014 Highlights
FY2014 Highlights Financial Snapshot Bank News Income Statements Y-o-Y % Successfully completed its issuance of a 5-year USD 500 FY2014 FY2013 (AED millions) Growth Growth million bond under its EMTN Program. Net Interest Income 2,757 2,466 291 11.8 Received shareholder approval for the acquisit
Slide 5: Business Segments
Business Segments Customer Count by Nationality Retail Banking Retail Banking has around half a million customers serviced through a network of 35 branches, over 200 ATMs, as well as Online, Phone, and Mobile Banking solutions. Sales takes place across all channels over and above the Bank’s mobi
Slide 6: Balance Sheet Overview
Balance Sheet Overview Breakdown of Assets by Type (as at 31.12.14) Assets and Loans & Advances (AED billions) Cash and Balances with UAE Central Bank Due from other Banks Total Assets Loans & Advances Loans and Advances Investment Securities 40 34.8 Property and Equipment Other Assets 35 30.1 30 27
Slide 7: Asset Breakdown
Asset Breakdown As at 31 December 2014 Breakdown of Loans and Advances by Value Loans by Geography by Value Expat Personal 4% Loans National Loans Loans4%by Geography Abu Dhabi 5% 4% 9% 6% Auto Loans 14% 18% 14% Dubai 22% Mortgage Loans Sharjah 11% Credit Cards RAKFinance Ajman 12% 15% 62% Others Ra
Slide 8: Asset Quality
Asset Quality Non-Performing Loans (AED millions) Impaired Loans to Gross Loans & Advances 700 618.8 3.0% 600 539.8 2.5% 2.5% 2.5% 516.5 2.4% 2.4% 474.1 2.5% 500 411.5 400 2.0% 300 1.5% 200 1.0% 100 0.5% 0 0.0% 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 Coverage Ratio Notes Over and above t
Slide 9: Liabilities
Liabilities Customer Deposits (AED billions) Liabilities Mix Customer Time Current Savings Call Islamic Deposits 30 2% 2% 5% 24.6 Equity 25 23.1 20.7 2.59 20% 2.0 1.27 20 18.3 0.9 1.0 Debt 16.4 0.7 2.7 3.4 3.71 0.5 1.9 security 15 0.9 71% issued 5.3 6.3 7.8 Other 9.6 11.62 10 Liabilities Due to othe
Slide 10: Capitalization
Capitalization Equity Breakdown (AED billions) Capital Adequacy Share Capital Reserves Retained Earnings 8 32% 31.3% 7.1 7 6.6 6 5.7 1.8 30% 1.5 28.7% 28.8% 29.0% 5 4.8 1.2 4 3.8 1.2 28% 0.8 3.4 3.6 26.5% 3 3.0 2.2 2 1.8 26% 1 1.5 1.7 1.7 1.2 1.4 0 24% 2010 2011 2012 2013 2014 2010 2011 2012 2013 20
Slide 11: Income Statement & Key Ratios
Income Statement & Key Ratios Income Statement for the year ended 31 December 2014 (AED millions) (AED millions) FY2014 FY2013 Y-o-Y Growth % Growth Net Interest Income 2,757 2,466 291 11.8 Fee and Commission Income 653 529 124 23.4 Investment Income 6 41 -35 -85.4 Forex Income 87 75 12 16.0 Other I
Slide 12: Profitability
Profitability Profitability (AED billions) Cost-to-Income Ratio Total Operating Income Net Profit 4 3.6 50% 3.2 2.9 44.3% 43.8% 3 45% 42.5% 43.0% 42.3% 2.6 2.2 2 40% 1.4 1.4 1.5 1.2 1.0 1 35% 0 30% 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 Annualized Returns Net Interest Margin ROE ROA 8.9%
Slide 13: Key Ratios Comparisons (FY2014)
Key Ratios Comparisons (FY2014) Capital Adequacy Ratio Net Interest Margin NPL Ratio 8.3% 9.2% 26.5% 7.8% 21.0% 21.1% 16.4% 17.5% 18.1% 16.6% 2.9% 3.2% 3.5% 3.1% 3.7% 2.7% 3.1% 3.1% 2.0% 2.5% 2.4% Return on Equity Return on Assets NPL Coverage 22.2% 4.4% 137% 127% 120% 16.4% 15.4% 17.2% 16.0% 108% 1
Slide 14: Appendix
Appendix 14
Slide 15: USD 500 million Fixed Rate Note
USD 500 million Fixed Rate Note Transaction Summary Investors by Geography Issuer RAKFUNDING CAYMAN LTD Guarantor The National Bank of Ras Al Khaimah Guarantor Rating Baa1 (Moody's) / BBB+ (Fitch) MENA Status Senior Unsecured 8% Europe Format Regulation S only Pricing Date 17 June 2014 Asia 18% Sett
Slide 16: USD 300 million Tap
USD 300 million Tap Transaction Summary Investors by Geography Issuer RAKFUNDING CAYMAN LTD Guarantor The National Bank of Ras Al Khaimah (P.S.C) Guarantor Rating Baa1 (Moody's) / BBB+ (Fitch) 17% MENA Format Regulation S only Status Senior Unsecured Europe Listing Irish Stock Exchange Tap Size USD
Slide 17: 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
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