Emirates NBD Financial Performance Q1 2020
Capital adequacy
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Highlights
In Q1-20, capital ratios declined as 2019 dividends and additional
risk-weighted assets more than offset the impact of retained earnings
Capital ratios remain above original minimum regulatory requirements
of 11% for CET-1 ratio, 12.5% for Tier 1 ratio and 14.5% for CAR ratio
Capital ratios not expected to weaken materially whilst TESS provides
temporary relief of 3% from minima (1.5% CCB and 1.5% D-SIB)
Capitalisation
20.7
21.2
21.2
20.9
18.5
17.9
18.0
18.7
18.9
19.8
17.4
16.8
16.6
15.3
15.6
14.8
21.6
21.1
1.3
1.3
2.5
2.4
15.7
16.0
14.8
13.8
0.9
1.7
1.8
2.4
1.8
2.4
17.8
17.3
12.0
13.1
11.6
12.7
2015
2016
2017
2018
2019
Q1-20
T2
T1
CET1
T1 %
CAR %
CET1
Capital Movements table
Risk Weighted Assets
USD Bn
CET1 Tier 1 Tier 2 Total
Denizbank
Market Risk
Capital as at 31-Dec-2019
Operational Risk
Credit Risk
17.8
20.3
1.3
21.6
+1%
+75%
116.8
117.4
Net profits generated
0.6
0.6
0.6
34.2
32.2
2019 Dividend
(0.7)
(0.7)
(0.7)
74.4
76.6
8.4
8.4
69.8
66.9
Interest on T1 securities
(0.1)
(0.1)
(0.1)
7.2
7.6
2.5
2.7
7.0
2.1
2.5
6.6
1.1
1.4,
Amortisation of T1
(0.1)
(0.1)
71.7
74.1
Other
(0.3)
(0.3)
0.0 (0.3)
59.2
61.4
65.1
66.4
Capital as at 31-Mar-2020
17.3 19.7
1.3
21.1
2015
2016
2017
2018
2019
Q1-20
Financial & Operating Performance
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