Dubai Islamic Bank PJSC · DFM:DIB
Dubai Islamic Bank PJSC — Noor Bank PJSC — Investor Presentation (October 2017)
20 slides from Dubai Islamic Bank PJSC's investor presentation, October 2017
Slide 1: Investor Presentation October 2017
INVESTOR PRESENTATION OCTOBER 2017
Slide 2: Presented By
Presented By John Iossifidis Vicky Bhatia Damian White Chief Executive Officer Chief Financial Officer Treasurer Mr. Iossifidis is a seasoned professional with Mr. Bhatia has extensive experience in Banking, Mr. White joined Noor Bank as Treasurer in over 33 years of banking experience. He has
Slide 3: Table of Contents
Table of Contents Section 1 Overview of Noor Bank 3 Section 2 Business Overview 10 Section 3 Financial Performance 14 3
Slide 4: Overview of Noor Bank
Overview of Noor Bank Snapshot Financial Highlights USD Mn 2013 2014 2015 2016 H1-2017 Established by the Government of Dubai in 2007 and commenced operations in January 2008 Cash & Balances with UAE CB 951 924 2,027 919 1,120 Privately owned bank with a strategic shareholder base Islamic Financ
Slide 5: Overview of Noor Bank's History
Overview of Noor Bank’s History Jan 2014 Bank rebranded as Noor Bank May 2014 Jan 2008 Jun 2011 Jun 2017 Official launch with initial The AED 770Mn Support Tier II funding His Highness Sheikh The Board approves a new strategy provided by the UAE CB was prepaid in full equity in excess of A
Slide 6: Value Proposition
Value Proposition Diversified Earning Base Prominent Shareholders Strong Board, Experienced Consistent Profitability & Management and Progressive Stringent Cost Management Shari’a Supervisory Committee Innovative Product Portfolio Prudent Risk Management with Strong Customer Relationships Well Manag
Slide 7: Strategic Sovereign & Ruling Family Ownership
Strategic Sovereign & Ruling Family Ownership Noor Bank is the only UAE Bank to have joint ownership by Dubai & Abu Dhabi Ruling Families and the Dubai & UAE Federal Governments “ We want Noor to be like Dubai, a progressive, tolerant Islamic Bank. Members of the Ruling Other Shareholders1 Family of
Slide 8: Strong and Influential Board
Strong and Influential Board The Bank’s board has been appointed by the Government of Dubai Overview of the Current Board of Directors H.H. Sheikh Ahmed Bin Mohd Bin Rashid Al Maktoum, Chairman Member of the Dubai Ruling Family Select Roles: Chairman of Mohammed bin Rashid Al Maktoum Foundation,
Slide 9: Leading Shari'a Supervisory Committee
Leading Shari’a Supervisory Committee The Bank’s Shari’a Supervisory Committee, a separate and independent entity that is appointed by the Board, comprises of leading Islamic scholars who have extensive experience and expertise in legal, financial and banking-related matters Overview of Shari’a Supe
Slide 10: Table of Contents
Table of Contents Section 1 Overview of Noor Bank 3 Section 2 Business Overview 10 Section 3 Financial Performance 14 10
Slide 11: Overview of Business Segments
Overview of Business Segments The Bank offers a comprehensive range of Shari’a-compliant products and services in corporate banking, retail banking, investment banking & financial institutions and treasury Overview of Business Segments Corporate Banking Retail Banking Operates a f ull service corp
Slide 12: Strategic Priorities
Strategy Noor Bank’s new strategy is focused on customer service and employees, while improving efficiency and processes to provide a sustainable growth platform Becoming simpler and Delivering superior efficient through customer experience technology and analytics Strategic Priorities Enabling sust
Slide 13: Governance Structure and Operating Model
Governance Structure and Operating Model Governance is a critical component and is designed to support robust decision-making BOARD MANAGEMENT Committees Operating Model Business Enterprise Enterprise Functions Enablers Enablers Enterprise Risk Board of Directors Management Management Corporate Bank
Slide 14: Table of Contents
Table of Contents Section 1 Overview of Noor Bank 3 Section 2 Business Overview 10 Section 3 Financial Performance 14 14
Slide 15: Snapshot of Financial Performance
Snapshot of Financial Performance On the back of its focused growth strategy, Noor Bank has reported strong financial metrics USD Mn (unless otherwise stated) 31-Dec-13 31-Dec-14 31-Dec-15 30-Jun-16 31-Dec-16 30-Jun-17 The Bank continues to grow faster than the market despite of economic Cash and
Slide 16: Well Managed Growth
Well Managed Growth While Noor Bank has experienced strong growth, considerably higher than its industry peers, it has maintained a conservative and prudent attitude towards risk Asset & Deposit Growth Noor Bank has achieved one of the highest growth in its assets over the last few years, as a resul
Slide 17: Operating Performance and Profitability
Operating Performance and Profitability The Bank has continued to report strong operating income while improving its operating efficiency Profitability (USD Mn) Components of Operating Income (USD Mn) Operating Income Net Profit Net Income from Islamic Financing Fees and Other Income (Net of Charges
Slide 18: Funding Overview
Funding Overview Noor Bank maintains a strong and stable liquidity funding position Customer Deposits (USD Mn) Breakdown of Deposits Term Deposits CASA¹ Customer Deposits Financings to Deposits 86,9% 93,8% 32% 76,9% 75,6% 72,2% 51% 51% 65% 67% 68% 49% 49% 35% 33% 5 082 6 494 8 753 8 123 8 071 2013 2
Slide 19: Capitalisation
Capitalisation Regulatory Capital Base (USD Mn) Overview of Capitalisation (%) CET 1 Ratio Tier 1 Ratio [Regulatory Minimum: 8%] 1 563 Capital Adequacy Ratio [Regulatory Minimum:12%] 1 515 18,1% 17,4% 17,6% 17,3% 1 151 1 051 14,6% 15,2% 13,9% 839 12,2% 16,3% 16,3% 13,9% 14,6% 12,2% 10,6% 10,7% 2013
Slide 20: Disclaimer
Disclaimer IMPORTANT: The following applies to this document, the oral presentation of the information in this document by Noor Bank PJSC (“Noor Bank”) or any person on behalf of Noor Bank, and any question- and-answer session that follows the oral presentation (collectively, the “Information”). In
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