Investor presentation Performance review 3Q/ 9M 2011 Disclaimer - PowerPoint PPT Presentation

Investor presentation Performance review – 3Q/ 9M 2011

Disclaimer The information contained herein has been prepared by National Bank of Abu Dhabi P.J.S.C (“NBAD”). NBAD relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. This presentation has been prepared for information purposes only and is not and does not form part of any offer for sale or solicitation of any offer to subscribe for or purchase or sell any securities nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. Some of the information in this presentation may contain projections or other forward-looking statements regarding future events or the future financial performance of NBAD. These forward-looking statements include all matters that are not historical facts. The inclusion of such forward-looking information shall not be regarded as a representation by NBAD or any other person that the objectives or plans of NBAD will be achieved. NBAD undertakes no obligation to publicly update or publicly revise any forward- looking statement, whether as a result of new information, future events or otherwise. 2

Contents UAE economic overview ......................................................................................................... Page 4 Abu Dhabi – The Capital ......................................................................................................... Page 5 Page 6 The UAE banking sector ......................................................................................................... NBAD at a glance…………………………………..…………………………………………….…..... Page 7 - 8 Introduction A diversified business model ………………………..…………………………………………...... Page 9 Core strategy ………………………………………………………………………………………...... Page 10 Competitive landscape …………………………………………………………………………….... Page 11 Page 12 Financial targets ………………………………………..……………………..…………………....... Highlights of 9 Months of 2011 results ……………………………….................................... Page 13 - 15 Assets & liquidity, Investments …………………………….……………………………................. Page 16 - 17 Financials Page 18 - 19 Loans and advances & Asset quality ………………………………………………..……………... Funding profile & Capital resources ………………………………………………….…………..... Page 20 - 21 Page 22 Income statement and key parameters………………….………………………………………….. Conclusion Outlook ..........……..…………………………………………………................................................ Page 23 Consolidated balance sheet …………………………………………………………………………. Page 25 Consolidated income statement ……………………………………………………………………. Page 26 Appendix Credit rating profile ……………………………………………………………………………………. Page 27 Clear Strategy ……………...…………………………………………………………………………... Page 28 - 30 Page 31 Contact us ……………………………………………………………................................................ 3

UAE economic overview UAE Overview A Federation of seven Emirates (Abu Dhabi being the capital) UAE Overview Headed by the President (Ruler of Abu Dhabi; Ruler of Dubai is the Vice President)  Key Facts Rating: Moody’s (Aa2 stable), S&P (AA stable) + , Fitch (AA stable) + 2 nd largest economy in GCC and the Arab world (after Saudi Arabia) *   7.4% of proven global oil reserves which generates ⅓ of UAE’s GDP (2009) UAE Banking sector offers the largest asset base within the GCC (NBAD is 4 th largest bank by assets in the MENA region)   UAE banking sector is dominated by domestic players domiciled within the market + S&P and Fitch do not rate UAE; the ratings above reflect their ratings on the Emirate of Abu Dhabi * Nominal GDP rankings by IMF (2010) Source: Bloomberg, IMF, UAE Central Bank, US Energy Information Administration Key Economic Indicators UAE GDP (Real) Split by Sector 2010 Estimates New Manufacturing Construction UAE Singapore Malaysia Other primary (in US$ bn) Zealand 10% 12% Real Estate activities 1% 10% Nominal GDP 297.9 140.4 222.7 238.0 Transport Real GDP growth 1.4 1.5 14.5 7.2 Crude oil & Storage & (% change yoy) Communicatn, Natural Gas 31% 9% Exports of goods & 212 41 347.9 182 services Financials 7% Trade Imports of goods & 162 39 306.2 141 13% services Other Services (net) Govt Services Population (mn) 5.1 4.4 5.2 28.3 3% 4% Source: IMF, World Economic Outlook Database, IIF, UAE Central Bank, Ministry of Economy, Source: National Bureau of Statistics, Economic Report 2010 (at 2007 constant prices) National Bureau of Statistics (UAE), NBAD Research (Exchange Rate: 1 USD = 3.673 AED) 4

Abu Dhabi – The Capital Abu Dhabi Key Economic Indicators Credit Rating Aa2 (Moody’s) / AA (S&P) / AA (Fitch) Size Abu Dhabi accounts for 87% of UAE’s land area 1.57mn (mid-2008) Population US$ 168.9bn (+15.9% in 2010) Nominal GDP US$ 85,843 (2010) (3 rd highest in the world – IMF) GDP Per Capita Oil & Gas 49.7% (2010 nominal GDP) as a % of GDP Crude Oil Approx 2.3mn bpd (2010) -- Production 92 bn barrels; (Global ranking - 6 th ) -- Reserves Real Estate & Construction (22%), Trade, Services & Logistics (13%), FIs & Insurance (6%), Manufacturing Principal Contributors (6%), Govt Services (4%) – contribute ~ 50% to to Nominal GDP Abu Dhabi’s GDP Initiative by the Government of Abu Dhabi to develop Abu Dhabi “2030 and diversify the economy beyond oil revenues Economic Vision” Future major developments in line with Abu Dhabi Economic Vision 2030 covering all sectors for the next Future Developments 3 years have an estimated value of US$ 200bn (Abu Dhabi’s Urban Planning Council) Source: Department of Planning and Economy, IMF, UAE Central Bank, NBAD Research, ADCCI, Top – An artists impression of Sowwah Island (Central Business & Financial District) DCCI, DPE, Statistics Centre – Abu Dhabi (All figures as of 2009, unless stated) Below – KIZAD (Khalifa Industrial Zone Abu Dhabi) masterplan 5

The UAE banking sector As at Growth Banking Sector UAE banking sector Sep Country 2009 2010 (2011) (YoY) Assets (USD bn) (in USD bn) 2011 est Total Assets 1 413.6 437.1 455.2 Sep 5.5% 455.2 UAE Certificates of Deposit 19.6 25.6 24.1 held by Banks S. Arabia Sep 9.6% 402.1 Investments by Banks 32.4 33.8 40.3 Aug (5.8)% 198.1 Bahrain Deposits 2 267.5 285.8 290.6 Bank Credit 3 277.1 280.8 292.7 Kuwait Sep 4.4% 155.2 Specific Provisions 8.9 12.1 50.4 Sep 23.8% 176.9 General Provisions 2.9 3.4 15.5 Qatar Capital Adequacy Ratio 19.2% 20.8% 21.2% Aug 6.5% 42.9 Oman Banks & Branches 4 National Banks (23) 795 867 893 GCC Estimate 6.7% 1,430.4 Foreign Banks (28) 154 162 163 Source: UAE Central Bank Source: Central Banks of respective countries 1 Net of provisions and interest in suspense 2 Excluding Inter-bank deposits 3 Excluding loans to banks, provisions & interest in suspense 4 Includes head offices, branches, pay offices, EBUs 6

NBAD at a glance  Banker to the Abu Dhabi Government  70% owned by the Government of Abu Dhabi through ADIC (Abu Dhabi Investment Council)  Flagship bank for Abu Dhabi  Consistent profitability and value creation to shareholders  Well positioned for growth from global economic recovery ‘Safest Bank in the Middle East’ * - highest rated bank in the Middle East   Clear and focused strategy for growth  Largest international presence among the UAE banks * By Global Finance – Safest Bank in Middle East in 2011; Among the World’s 50 Safest Banks since 2009 7

NBAD at a glance (cont’d)  Incorporated in 1968 to serve as Banker to the Emirate of Overview Ras al-Khaimah (2) Abu Dhabi Umm al-Quwain (1)  Owned ( 70.48% ) by Government of Abu Dhabi , via the Fujairah (4) Ajman (1) Abu Dhabi Investment Council (ADIC) Sharjah (10)  Listed on Abu Dhabi Securities Exchange (ADX) Dubai (14) RAM R&I Credit Fitch Moody’s S&P (Malaysia) (Japan) Rating Abu Dhabi & Eastern LT AA- Aa3 A+ AAA Region (84) A+ F1+ P-1 A-1 P1 ST Outlook Stable Stable Stable Stable Stable  UAE - 116 branches * , 483 ATMs + in all the 7 emirates Presence  Egypt – 28 branches * , 44 ATMs  Other Overseas – 22 units * , 19 ATMs Egypt (28) London Channel Islands Geneva Jordan (2) Stock Market Cap AED 30.4bn (US$ 8.3bn) Paris Kuwait Washington, D.C. Bahrain (Price @ AED 10.60) Info Libya UAE Oman (8) Diluted EPS (9M 2011) 0.94 Hong Kong (Price as of Sudan (3) 30 Sep 2011; PE Ratio 8.1 ratios based on 9M’11 Price / Book 1.4 financials) Shares Issued (@ AED 1) 2,870 mn Free float: 29.5% (Non-UAE – 2.5%) Most international bank in UAE • Including cash offices, NBAD Suisse subsidiary, offshore units & representative office in Libya + includes Cash deposit machines 8