Slide 1: RAKBANK Investor Relations Presentation Q1 / 3M 2019
RAKBANK Investor Relations Presentation Q1 / 3M 2019
Slide 2: RAKBANK Profile
RAKBANK Profile Establishment Subsidiaries The National Bank of Ras Al Khaimah was founded in 1976. It underwent a major Subsidiary Ownership Country Purpose transformation in 2001 as it rebranded as RAKBANK and shifted its focus from Corporate Banking to Retail Banking (re-branded to Personal Ban
Slide 3: Shareholders, Directors & Management
Shareholders, Directors & Management Ownership Structure Board of Directors 3.4% H.E. Mohamed Omran Alshamsi Chairman 14.5% Government of Ras Al H.H. Shaikha Amneh Alqasimi Director Khaimah UAE Nationals H.E. Sheikh Salem Al Qasimi Director Mr. Salem Ali Al Sharhan Director GCC Nationals 52.8% Mr. A
Slide 4: Business Verticals
Business Verticals Personal Banking Business Banking Wholesale Banking Treasury Insurance • Incorporating individual • Incorporating non-individual • Incorporating financing and • Incorporating money market • Incorporating all insurance customer financing, credit and financing and deposit services d
Slide 5: Awards and Recognition
Awards and Recognition Best SME Customer Most Innovative Best Customer Best Marketing, Social Best SME Bank in the Best Blockchain Service Provider Outward Remittance Happiness Centre Media, and Brand UAE UAE 2019 Services (RMT) - UAE International Business Global Banking Customer Happiness Internat
Slide 6: Q1 / 3M 2019 Highlights
Q1 / 3M 2019 Highlights Financial Snapshot Quarterly Results Variance (AED Mn) Q1 ’19 Q4 ’18 Q1 ‘18 Q1 ’19 v/s Q4 ‘18 Q1 ’19 v/s Q1 ‘18 Net Interest Income 683.8 702.8 670.9 (2.7%) 1.9% Non-Interest Income 317.2 289.5 251.7 9.6% 26.0% Total Income 1,001.0 992.3 922.6 0.9% 8.5% Operating Expenditures
Slide 7: Balance Sheet Overview
Balance Sheet Overview Breakdown of Assets by Type Assets and Gross Loans & Advances (AED Bn) 0.3% 4.0% Cash and Balances with Gross Loans and Advances Total Assets 1.6% 9.6% +9.0% UAE Central Bank 8.3% Due from other Banks +3.3% 14.8% 52.7 53.5 Loans and Advances, Net 48.5 49.1 40.6 42.5 Investment
Slide 8: Customer Assets Mix
Customer Assets Mix Total Customer Assets by Segment (AED Bn) Total Customer Assets – Personal Banking (AED Bn) Dec '16 Dec '17 Dec '18 Mar '19 Dec '16 Dec '17 Dec '18 Mar '19 18.8 4.6 4.6 4.7 4.7 17.7 18.5 18.6 4.4 4.4 3.5 3.5 3.6 3.2 3.2 3.3 11.4 11.5 2.9 2.7 2.7 2.6 2.6 9.0 2.3 7.9 8.4 8.3 3.5 3.
Slide 9: Asset Quality
Asset Quality Non-Performing Loans (AED Mn) Cost of Risk Impaired Loans to Gross Loans and Advances Impaired Loans 4.2% 6.2% 4.0% 4.1% 4.0% 4.2% 5.0% 3.2% 4.4% 3.8% 4.1% 4.0% 1,478 1,385 1,397 1,249 1,334 914 Dec ’15 Dec ’16 Dec ’17 Dec ’18 Mar ’18 Mar ’19 Dec ’15 Dec ’16 Dec ’17 Dec ’18 Mar ’18 Mar
Slide 10: Liabilities
Liabilities Customer Deposits (AED Bn) Notes Call Savings Current Time Customer Deposits grew by AED 1.3 billion to AED 35.4 billion compared +6.4% to 31 December 2018. Customer Deposits grew by AED 2.1 billion compared to 31 March 2018. The growth came from an increase of AED 1.3 1.9 1.1 2.9 1.6
Slide 11: Capitalization
Capitalization Equity Breakdown (AED Bn) Total Capital Adequacy Ratio (CAR) Retained Earnings Reserves* Share Capital Total Capital Acequacy Ratio CET 1 24.4% +6.9% 22.3% 20.7% 2.1 1.9 2.1 18.6% 1.5 1.2 17.2% 17.4% 0.8 17.5% 16.0% 16.3% 3.9 4.0 4.1 4.0 3.9 4.0 1.7 1.7 1.7 1.7 1.7 1.7 Dec ’15 Dec ’16
Slide 12: Profitability
Profitability Profitability (AED Bn) Cost-to-Income Ratio Total Income Net Profit 3.9 3.8 3.8 3.8 37.5% 38.0% 38.9% 38.3% 38.4% 35.6% +31.70% +8.50% 1.4 0.8 0.9 0.9 1.0 0.7 0.2 0.3 Dec ’15 Dec ’16 Dec ’17 Dec ’18 Mar ’18 Mar ’19 Dec ’15 Dec ’16 Dec ’17 Dec ’18 Mar ’18 Mar ’19 Annualized Returns Net
Slide 13: Disclaimer
Disclaimer The information in this presentation has been prepared by The National Bank of Ras Al Khaimah (P.S.C) a public joint stock company, 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 pre