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Fact Sheet - 2013

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  • Quarter 4

    Full year trendQuarterly trend
    AED millionChange %Change %
    Income statement highlightsFY'13FY'12YoYQ4'13Q4'12YoY
    Total net interest and Islamic financing income5,4295,20741,3431,2626
    Non-interest income1,8901,3883642028050
    Operating income7,3206,595111,7641,54214
    Operating expenses(2,358)(2,069)14(684)(510)34
    Operating profit before impairment allowances4,9614,526101,0791,0325
    Net impairment allowances(1,334)(1,710)(22)(198)(402)(51)
    Overseas income tax expense(7)(6)28(2)(2)23
    Net profit for the period3,6202,8102987962840
    Balance sheet highlightsDec'13Sep'13Dec'12QoQ %

    Change
    YoY%

    Change
    Total assets183,143174,683180,79651
    Net Loans131,649120,220123,195107
    Deposits from customers115,428112,022109,21736

    * Includes income from Islamic financing and Islamic profit distribution

  • Quarter 3

    9 Month trendQuarterly trend
    AED millionChange %Change %
    Income statement highlights9M'139M'12YoYQ3'13Q3'12YoY
    Total net interest and Islamic financing income4,0863,94541,3661,3402
    Non-interest income1,4701,1083345433137
    Operating income5,5565,053101,8211,6719
    Operating expenses(1,674)(1,559)7(591)(516)14
    Operating profit before impairment allowances3,8823,494111,2301,1556
    Net impairment allowances(1,137)(1,308)13(308)(529)(42)
    Overseas income tax expense(5)(4)31(2)0NM
    Net profit for the period2,7412,1822692062647
    Balance sheet highlightsSept'13Jun'13Dec'12QoQ %

    Change
    YTD%

    Change
    Total assets174,683175,453180,796(0)(3)
    Net Loans120,220125,410123,195(4)(2)
    Deposits from customers112,022111,399109,21713

    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 30 September 2013.

  • Quarter 2

    Half year trendQuarterly trend
    AED millionChange %Change %
    Income statement highlightsH1'13H1'12kYoYQ2'12Q2'11YoY
    Total net interest and Islamic financing income2,7202,60541,4611,3746
    Non-interest income1,0167773153135350
    Operating income3,7353,382101,9911,72715
    Operating expenses(1,083)(1,043)4(565)(537)5
    Operating profit before impairment allowances2,6532,339131,4261,19020
    Net impairment allowances(829)(779)6(507)(492)3
    Overseas income tax expense(4)(4)-15(2)(3)-40
    Net profit for the period1,8201,5561791769532
    Balance sheet highlightsJun'13Mar'13Dec'12QoQ %

    Change
    YTD%

    Change
    Total assets175,453179,993180,796(3)(3)
    Net Loans125,410124,378123,19512
    Deposits from customers111,399111,056109,21702
  • Quarter 1

    AED millionQ113Q4'12*Q1'12*Q1'13 Change %
    Income statement highlightsQoQYoY
    Total net interest and Islamic financing income1,2591,2621,23102
    Non-interest income4852804247314
    Operating income1,7441,5421,655135
    Operating expenses(517)(548)(506)12
    Operating profit before impairment allowances1,2271,0321,149197
    Net impairment allowances(322)(402)(287)(20)12
    Overseas income tax expense(2)(2)(2)--
    Net profit for the period903628861445
    Balance sheet highlightsMarch'13Dec'12March'12QoQ



    Change %
    YoY



    Change %
    Total assets179,993180,796183,3090(2)
    Net loans and advances124,378123,195123,85310
    Deposits from customers1111,056109,217112,8232(2)

    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.

Click here to view 2012 Fact sheet

Click here to view 2011 Fact sheet

Click here to view 2010 Fact sheet

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