Emirates NBD Earnings Presentation

Divisional Performance Corporate Banking Consumer Banking & Wealth Management Corporate Banking recorded a positive year to date Key focus during the period was on balance sheet optimisation, continued proactive management of credit quality, building non-risk based and fee generating businesses USD billion 46.9 44.8 ■ Revenue declined 5% year-on-year as increased net interest income due to active asset re-pricing was offset by reduced fee income from lower trade finance and new underwriting 25.0 22.7 ▪ Loans decreased by 5% from end-2009 ■ Dedicated focus on liquidity management resulting in strong 10% growth in deposits USD million -5% 960 907 Q4 2009 ■Loans Q3 2010 ■Deposits Q3 2009 YTD Q3 2010 YTD ■Revenue CWM continued to grow and strengthen its position in challenging market conditions Continued expansion in Private Banking business; now more than 60 RMS; Private Banking customer deposits continue to grow ■ Revenue declined 2% year-on-year as strong growth in fee income was offset by declining net interest income due to increased deposit costs and declining loan balances ■ Loans declined by 22% from end-2009 Deposits grew 10% from end-2009 ■ Total number of branches at Q3 2010 totaled 102 with an ATM & SDM network of 654 USD billion 16.3 14.8 6.0 4.7 Q4 2009 ■Loans Q3 2010 ■ Deposits Emirates NBD USD million -2% 685 671 Q3 2009 YTD Q3 2010 YTD ■Revenue 22 22

View entire presentation