ADIB CFO on Earnings, Expansion Plans & Fed Hike Impacts

The transcript discusses Abu Dhabi Islamic Bank's strong performance in 2021, highlighting its retail banking success and client base. It covers the expected interest rate hikes and their impact on margins, as well as the outlook for real estate as collateral. The bank's expansion plans in Egypt and Turkey are explored, along with the potential impact of a new corporate tax. Overall, the bank is optimistic about its future growth and financial stability.

What percentage of Abu Dhabi Islamic Bank's earnings comes from the retail bank?

• 75%

• 65%

• 45%

• 85%

How many interest rate hikes does the bank anticipate in 2022?

• 5

• 4

• 6

• 3

What is the expected top-line contribution from five interest rate hikes?

• 120 million dirhams

• 240 million dirhams

• 450 million dirhams

• 350 million dirhams

What percentage of coverage does the bank have against non-performing assets with collaterals?

• 120%

• 110%

• 100%

• 130%

Which market does the bank already have a strong presence in and considers promising for expansion?

• Egypt

• Saudi Arabia

• Turkey

• Qatar

What is the anticipated corporate tax rate mentioned for 2023-2024?

• 11%

• 5%

• 7%

• 9%

What is the bank's approach towards expansion, as mentioned in the transcript?

• No expansion plans

• Both traditional and non-traditional methods

• Only digital-led propositions

• Only traditional acquisitions