The National Bank Of Ras Al Khaimah · ADX:RAKBANK
The National Bank Of Ras Al Khaimah — FY2019 Earnings Presentation
19 slides from The National Bank Of Ras Al Khaimah's earnings presentation, 2020
Slide 1: Investor Presentation Q4 / FY 2019
Investor Presentation Q4 / FY 2019
Slide 2: Highlights
RAKBANK Investor Presentation – Q4 / FY 2019 2 Highlights • Total operating income for the year was close to AED 4 billion, Net profit Total assets coupled with continued reduction in provisions despite a challenging growth growth external environment. 19.4% 8.4% FY19 v/s FY18 FY19 v/s FY18 • In ter
Slide 3: Bank profile
Bank profile RAKBANK Investor Presentation – Q4 / FY 2019 3
Slide 4: The UAE's leading SME lender
RAKBANK Investor Presentation – Q4 / FY 2019 4 The UAE’s leading SME lender 31 December 2019 History AED 8.0 b • Founded in 1976; listed on Abu Dhabi Securities market cap Exchange (ADX) in 2005 • Headquartered in the emirate of Ras Al Khaimah (‘RAK’) AED 57.1 b total assets • Major transformation i
Slide 5: Institutional strength
RAKBANK Investor Presentation – Q4 / FY 2019 5 Institutional strength Stable credit ratings Diverse ownership 3.6% 31 December 2019 Rating Agency Last Update Deposits Outlook 14.5% Government of Ras Al Moody’s August 2019 Baa1 / P-2 Stable Khaimah UAE Nationals Fitch Ratings August 2019 BBB+ / F2 St
Slide 6: Business segment overview
RAKBANK Investor Presentation – Q4 / FY 2019 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 – Q4 / FY 2019 7
Slide 8: Performance highlights
RAKBANK Investor Presentation – Q4 / FY 2019 8 Performance highlights Snapshot Quarterly Results Full Year Results (AED million) Q4 ’19 Q4 ’18 Variance FY ’19 FY ’18 Variance Net Interest Income 710.4 702.8 1.1% 2,802.1 2,768.7 1.2% Non-Interest Income 270.2 289.5 (6.7%) 1,176.8 1,058.3 11.2% Total
Slide 9: Profitability
RAKBANK Investor Presentation – Q4 / FY 2019 9 Profitability Profitability (AED billion) Cost-to-income ratio Total Income Net Profit +19.4% +4.0% 37.5% 38.0% 38.9% 39.2% 39.5% 35.6% 3.9 3.8 3.8 3.8 4.0 3.0 1.4 0.8 0.9 0.8 1.1 0.7 Dec ’15 Dec ’16 Dec ’17 Dec ’18 Sep ’19* Dec ’19 Dec ’15 Dec ’16 Dec
Slide 10: Balance sheet summary
RAKBANK Investor Presentation – Q4 / FY 2019 10 Balance sheet summary Breakdown of assets by type (as at 31.12.19) Assets and gross loans & advances (AED billion) 1.5% 0.3%3.6% Cash and Balances with UAE Gross Loans and Advances Total Assets 8.4% Central Bank +8.4% Due from other Banks 11.5% +4.1% 1
Slide 11: Customer assets mix
RAKBANK Investor Presentation – Q4 / FY 2019 11 Customer assets mix Total customer assets by segment (AED billion) Total customer assets – personal banking (AED billion) Dec '16 Dec '17 Dec '18 Dec '19 FI Loans - Banks Dec '16 Dec '17 Dec '18 Dec '19 18.8 18.5 18.7 4.7 5.4 17.7 15.1 4.8 4.6 4.4 4.4
Slide 12: Asset quality
RAKBANK Investor Presentation – Q4 / FY 2019 12 Asset quality Non-performing loans (AED million) Cost of risk Impaired Loans to Gross Loans and Advances Impaired Loans 4.2% 4.2% 4.0% 4.0% 3.7% 6.2% 3.2% 5.0% 4.1% 3.8% 3.7% 3.7% 1,478 1,446 1,249 1,334 1,359 914 Dec ’15 Dec ’16 Dec ’17 Dec ’18 Sep ’1
Slide 13: Liabilities
RAKBANK Investor Presentation – Q4 / FY 2019 13 Liabilities Customer deposits (AED billion) Notes Call Savings Current Time • Customer deposits grew by AED 2.7 billion to AED 36.8 billion compared +7.9% to December 31, 2018. The growth came mainly from an increase of AED 1.2 2.2 billion in CASA Depo
Slide 14: Capitalization
RAKBANK Investor Presentation – Q4 / FY 2019 14 Capitalization Equity breakdown (AED billion) Total capital adequacy ratio (CAR) Retained Earnings Reserves* Share Capital Total Capital Acequacy Ratio CET 1 24.4% +10.0% 22.3% 20.7% 17.2% 17.5% 16.8% 2.1 2.0 20.7% 2.1 1.9 1.5 1.8 16.0% 16.4% 15.7% 3.9
Slide 15: Additional information
Additional information RAKBANK Investor Presentation – Q4 / FY 2019 15
Slide 16: Senior leadership
RAKBANK Investor Presentation – Q4 / FY 2019 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 – Q4 / FY 2019 17 Recognition Best SME Bank Award Best Branch HR / L&D Team Best SME Service Best Process Best Internal Use of Digitization of the Year Provider UAE 2019 Automation Initiative Digital – IT ChatBot Awards The Islamic Business Asian Banker’s CIPD Internati
Slide 18: Disclaimer
RAKBANK Investor Presentation – Q4 / FY 2019 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 – Q4 / FY 2019 19
The National Bank of Ras Al Khaimah (RAKBANK) — FY2019 Earnings Presentation on 6ix