Emirates NBD Earnings Presentation slide image

Emirates NBD Earnings Presentation

Summary Emirates NBD ■ Robust financial performance with steady core income compared with Q2 2010 and Q1 2010 ■ Cost rationalisation initiatives proving successful evidenced by reductions in absolute levels of expenses and in the cost to income ratio Significantly improved liquidity metrics and strong capital ratios due to success of balance sheet optimisation initiatives Credit quality remains pro-actively managed and within expectations ■ Dubai World specific provision made in Q3 2010; portfolio impairments at USD 699 million ■ Continued focus in Q3 2010 on balance sheet optimisation, profitability and risk management enhancement while selectively investing in platforms for growth ■ Dubai remains well-positioned as the region's key economic, trading and financial hub Emirates NBD is optimistic about the expected economic recovery and is well placed to take advantage of selected growth opportunities Emirates NBD 27 27
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