Emirates NBD Investor Presentation H1 2021
Loans and deposits trends
Highlights
Gross loans grew 1% in Q2-21 with Corporate, Retail and Islamic all registering growth
• Gross loans declined 1% in H1-21 due to currency translation of DenizBank's loans
Retail lending increased 6% in H1-21 with record demand for personal loans, auto
loans and mortgages
⚫ Islamic financing increased 2% during H1-21
•
•
•
Corporate lending declined 1% in H1-21 due to repayments of corporate loans including
loans receiving support and borrowers successfully accessing capital market funding
DenizBank gross loans and deposits increased 9% and 8% in local currency terms and
declined 7% in AED terms due to 17% decline in Turkish lira during H1-21
Deposit mix continued to improve in Q2 with USD 2bn increase in CASA replacing USD
2bn of more expensive Fixed Deposits
Trend in Gross Loans by Type (USD billion)
DenizBank
Corporate
-1%
Retail
Islamic*
+1%
127
129
129
130
130
129
129
125
24
23
24
23
23
23
22
22
22
22
23
99
0
76
78
78
79
78
77
78
73
74
11
11
12
11
11
12
2
12
12
13
15
16
16
16
16
17
17
17
17
• CASA deposits are 58% of total Group deposits, with domestic CASA at a record 67%
Q2 19 Q3 19 Q4 19 Q1 20
Q2 20
Q3 20
Q4 20
Q1 21
Q2 21
Total Gross Loans by Sector
Trend in Deposits by Type (USD billion)
DenizBank
Agriculture Construction
Trans. & com.
Trade
Other
Sovereign 34%
-1%
Fin Institutions
0%
6%
2%
4% 3%
Hotels and restaurants
Manufacturing
128
129
127
3% 4% 5%
Mgmt of Cos
2%
100
27
4%
Others
20
2
48
50
225
27
22
25
51
49
2215
126
125
25
24
22
126
125
125
45
44
ANN
23
22
2
2
21
2
22
43
38
55
35
Time
CASA
20%
Personal
50
49
49
4%
11%
Services
Real estate
* Gross Islamic Financing Net of Deferred Income
52
42
4
54
56
56
59
59
80
63
66
Q2 19 Q3 19
Q4 19
Q1 20
Q2 20
Q3 20
Q4 20 Q1 21 Q2 21
Financial and Operating Performance
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