Emirates NBD Q2 2022 Financial Results
Net interest income - NIM guidance revised up 50 bps
2.65
Quarterly NIM
YTD NIM
Net Interest Margin (%)
2.65
2.59
2.60
3.09
Highlights
Income
Risk
Expenses
Capital
Liquidity
Divisional
Key Highlights
2.86
•
•
Q2-22 NIM up 65 bps y-o-y on ENBD's improved loan and deposit mix
and wider margins at DenizBank
-
Loan yields up 51 bps on higher retail balances and rising interest
rates
DenizBank margins widening from core growth
H1-22 NIM improved 41 bps y-o-y as rate rises feeding through and
improving DenizBank NIMs
2022 guidance revised up 50bp to 3.20-3.30% on further anticipated rate
rises and wider margins from DenizBank
2.46
2.46
2.45
2.42
2.53
2.51
2.44
2020
Q1 21
Q2 21
Q3 21
Q4 21
Q1 22
Q2 22
0.28
2.45
NIM drivers H1-22 vs H1-21 (%)
0.03
(0.07)
2.86
0.17
NIM drivers Q2-22 vs Q2-21 (%)
3.09
0.28
(0.02)
(0.12)
0.51
2.44
H121
Loan Yield
Deposit
Cost
Treasury DenizBank
H1 22
Q2 21
Loan Yield
& Other
Deposit
Cost
Treasury
DenizBank
Q2 22
& Others
Emirates NBD
Emirates NBD
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