Fact Sheet - 2013

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• Quarter 1

  AED million	Q1’13	Q4'12*		Q1'12*	Q1'13 Change %
  Income statement highlights					QoQ	YoY
  Total net interest and Islamic financing income	1,259	1,262		1,231	0	2
  Non-interest income	485	280		424	73	14
  Operating income	1,744	1,542		1,655	13	5
  Operating expenses	(517)	(548)		(506)	1	2
  Operating profit before impairment allowances	1,227	1,032		1,149	19	7
  Net impairment allowances	(322)	(402)		(287)	(20)	12
  Overseas income tax expense	(2)	(2)		(2)	-	-
  Net profit for the period	903	628		861	44	5
  Balance sheet highlights	March'13	Dec'12		March'12	QoQ  Change %	YoY Change %
  Total assets	179,993	180,796		183,309	0	(2)
  Net loans and advances	124,378	123,195		123,853	1	0
  Deposits from customers1	111,056	109,217		112,823	2	(2)

   

  ¹ Deposits from customers were reclassified in 2012 to show Euro Commercial Paper separately

  * The Bank early adopted IFRS 10 with a date of initial application of January 1, 2012. Accordingly, the comparative information of all the quarters for the year 2012 has been restated. Overall annual income statement for 2012 remains unchanged. For further details please refer to Note 2.1 of the Financial Statements for the period ended 31 March 2013.