National Bank Of Fujairah · ADX:NBF

National Bank Of Fujairah — Investor Presentation (February 2021)

28 slides from National Bank Of Fujairah's investor presentation, February 2021

  1. Slide 1: Investor Presentation for the Quarter Ended 31 December 2020

    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 Quarter Ended 31 December 2020

  2. Slide 2: Disclaimer

    DISCLAIMER The information cont ained 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

  3. Slide 3: Overview of NBF

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  4. 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 FY2016 FY2017 FY2018 FY2019 FY2020 established in Fujairah, UAE in 1982 by a decree issued by the Ruler of Fujairah, H.H. Sheikh Hamad

  5. Slide 5: External Recognition

    EXTERNAL RECOGNITION  “Best SME Bank” – At the MEA Finance Awards 2020.  For the fourth year in a row, NBF was awarded “The Dubai Chamber CSR Label 2020”, in recognition of our outstanding CSR strategy. This award acknowledges our efforts in taking practical measures to ensure that CSR is an integ

  6. Slide 6: COVID 19 – Economic Impact

    COVID 19 – ECONOMIC IMPACT  H1 2020 witnessed unprecedented disruption from the COVID-19 pandemic Economic Measures undertaken adding to the challenges already being faced by the global economy; with lock- by regulators to Manage down, supply-chain disruptions, stocks and commodity price volatility

  7. Slide 7: COVID 19 – Our Response

    COVID 19 – OUR RESPONSE Employees Consumers Business Communities  Fully secure remote  Liquidity and payment  Regular ALCO &  NBF was awarded “The working arrangements. relief options, including Investment Committee Dubai Chamber CSR the Central Bank’s meetings to review Label 2020”, in  Precau

  8. Slide 8: Market Share Progression

    MARKET SHARE PROGRESSION Bank Assets Capital and Reserves 1.3% 2.5% 1.1% 1.1% 2013 Nov 2020 2013 Nov 2020 Net Credit Bank Deposits 1.6% 1.6% 1.2% 1.2% 2013 Nov 2020 2013 Nov 2020 Ssource: Central Bank Statistical Bulletin October 2020 Available at : https://www.centralbank.ae/en/statistics/monthly-s

  9. Slide 9: Key Financials at a Glance

    KEY FINANCIALS AT A GLANCE Assets Loans & Advances Customer Deposits AED Billion AED Billion AED Billion 42.8 31.9 39.8 39.9 27.1 30.5 29.8 35.7 36.7 27.9 26.2 25.9 24.8 24.1 22.8 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 Shareholders’ Equity Operating Income Net Pro

  10. Slide 10: Key Performance Indicators at a Glance

    KEY PERFORMANCE INDICATORS AT A GLANCE ROAA ROAE Cost to Income Ratio 12.3% 10.4% 10.0% 9.6% 1.6% 34.4% 35.4% 1.4% 1.3% 33.7% 33.2% 33.0% 1.3% 1.2% 0.2% 34.9% -7.9% -1.1% 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 Non-Interest Income to Total Pure AD Liquid Asset Rati

  11. Slide 11: Operating Performance

    OPERATING PERFORMANCE Key Highlights Total Interest Income Composition  Operating profit saw a decline of 21.9% to AED 895mn in AED Million Investments and Islamic instruments year end 2020 as compared to year end 2019. Due from banks including the UAE Central Bank CDs  The impact of COVID-19 on e

  12. Slide 12: Assets Composition

    ASSETS COMPOSITION Breakdown of Assets by Geographical Key Highlights Assets and Advances Distribution 31 December 2020  Total assets decreased by 6.9% from year end 2019. AED Million Total Assets Advances 42,805  The majority of the Bank’s assets are loans and advances 39,783 39,872 3.1% 2.6% and

  13. Slide 13: Investment and Islamic Instruments

    INVESTMENT AND ISLAMIC INSTRUMENTS Investments and Islamic Instruments by Ratings Breakdown of Investments and Islamic Instruments by Stage 31 December 2020 7.0% 4.1% 31 December 2020 0.0% 2.2% 19.5% 21.9% Stage 1 20.0% 22.8% 2.5% AAA AA AA- A+ A A- BBB+ BBB BB / Unrated 100.0% Investments and Islam

  14. Slide 14: Asset Quality

    ASSET QUALITY Key Highlights Non-Performing Loans & NPL Ratio Given the current downturn and COVID-19 pandemic, the pressure on asset AED Million quality is reflected in NBF’s NPL ratio. NBF has further strengthened its 3,500 7.4% 14.0% credit underwriting standards and aligned its risk appetite to

  15. Slide 15: 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 eviden

  16. Slide 16: Funding Profile

    FUNDING PROFILE Funding Mix Customer Deposits 31 December 2020 AED Million Demand and margin Savings Fixed term and notice Total 14.2% 3.4% Due to banks 31,950 30,472 29,766 27,865 6.6% Customer deposits and Islamic 25,938 customer deposits 1.1% Term borrowings 21,696 22,274 18,459 18,949 18,068 Oth

  17. Slide 17: Strong Capitalisation

    STRONG CAPITALISATION Key Highlights Equity Breakdown Capital Base  NBF is well capitalized with a Capital Adequacy Ratio and AED Million AED Million Total Tier 1 Ratio of 19.2% and 18.1% respectively, as at Share Capital Reserves Retained Earnings Total CET1 Additional Tier 1 Total Tier 2 year end

  18. Slide 18: NBF Performance and Outlook

    NBF PERFORMANCE AND OUTLOOK Key Metrics YE 2020 YE 2020* Outlook Return on Average -7.9% 1.2% The extremely challenging 2020 had an Equity unprecedented impact on the w orld economy; Profit NIM 2.3% 2.5% massively impacted by the COVID-19 outbreak, interest rate headw inds, oil price decline, Cost t

  19. Slide 19: Business Overview

    02 BUSINESS OVERVIEW 2/1/2021

  20. Slide 20: Overview of Business Segments

    OVERVIEW OF BUSINESS SEGMENTS NBF offers a full range of products through five main business divisions Corporate Contribution to Assets and  NBF's largest segment in terms of assets, liabilities and profit. 31 December 2020 Institutional  Services include deposit facilities, credit/trade finance a

  21. Slide 21: Corporate and Institutional Banking (CIB)

    CORPORATE AND INSTITUTIONAL BANKING ("CIB") Overview Gross Loans – Sector Breakdown  The Bank’s CIB operations are split into three  The principal CIB products and services offered by 31 December 2020 main sub-divisions: the Bank include: 9.0% 2.3% Construction 1. Corporate Banking 1. Transaction

  22. Slide 22: Business Banking

    BUSINESS BANKING Overview Gross Loans – Sector Breakdown  Offers a variety of products and services to SME clients and also offers transactional and deposit services to 31 December 2020 SME businesses. 14.2%  Manages clients with a turnover between AED 10 million to AED 250 million. 40.4% 0.0%  T

  23. Slide 23: Retail Banking

    RETAIL BANKING Overview Gross Loans – Product Mix 31 December 2020  NBF’s retail banking segment offers a wide  The principal retail client products and services range of products and services to individuals offered by the Bank include: 0.8% 0.1% and high net worth clients. 13.5% 6.6%  Account Se

  24. Slide 24: Treasury, ALM and Other

    TREASURY, ALM AND OTHER Overview Operating Income Mix  Treasury and ALM  Trading & Market Risk Solutions 31 December 2020  Centralizes and manages the Group's liquidity via an  Provision of efficient & competitive FX Pricing 8.4% advanced ALM system. Solutions for NBF Clients through diverse ALM

  25. Slide 25: 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 2020 Account Services Corporate Advisory, Syndications, Treasury 17.0% Trade  Standard Current, Saving & Corporate  Market Risk So

  26. Slide 26: Thank You

    Thank you THANK YOU © 2021 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

  27. Slide 27: Appendix

    eX ; nbf National Bank of Fujairah

  28. Slide 28: 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% 77.3% (iv) DPD changes and (v) Mood

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