Investor presentation - National Bank of Abu Dhabi

Continued strength in 4Q / FY 2013 resultsNet earnings of AED 4.73bn for FY 2013, up 9% y-o-y, primarily driven by higher net‣interest income and fee income; Sequential growth of 4% in 4Q13 vs 3Q13Strong underlying year-over-year top line results as net fee and commission grew 20%‣to AED 1.85bn in FY 2013; 14% sequential growth in 4Q13 vs 3Q13‣ Loan growth of 12% y-o-y and 0.7% sequentially 4Q13 vs 3Q13Deposits grew 11% in FY 2013 to AED 211bn despite being 8% down sequentially;‣Although CASA grew 30% in FY 2013 and 13% sequentially in the 4 th quarter‣ NPL ratio at 3.16% in 4Q 2013; appears to have peaked at 3.55% in 1Q 2013Robust capital & liquidity position maintained with the CAR at 18.2% and Tier-I ratio‣at 16.5%Overall, underlying revenues have grown QoQ at solid rates, costs have grown but‣have a component of one-offs26