Pillar III Disclosures
30 September 2023
1
Pillar III Disclosures - September 2023
Section | # | Tables and templates | Applicable | ||
1. Overview of Risk | KM1 | Key Metrics (at consolidated group level) | Yes | ||
Management and | OVA | Bank risk management approach | |||
RWA | OV1 | Overview of RWA | |||
2. Linkages Between | LI1 | Differences between accounting and regulatory scopes of consolidation and mapping of | |||
financial statements with regulatory risk categories | |||||
Financial Statements | |||||
LI2 | Main sources of differences between regulatory exposure amounts and carrying values in | No | |||
and Regulatory | |||||
financial statements | |||||
Exposures | |||||
LIA | Explanations of differences between accounting and regulatory exposure amounts | ||||
3. Prudential valuation | PV1 | Prudential valuation adjustments | No | ||
adjustments | |||||
CC1 | Composition of regulatory capital | No | |||
4. Composition of Capital | CC2 | Reconciliation of regulatory capital to balance sheet | No | ||
CCA | Main features of regulatory capital instruments | No | |||
5. Macroprudential | No | ||||
CCyB1 | Geographical distribution of credit exposures used in the countercyclical buffer | ||||
Supervisory measures | |||||
6. Leverage Ratio | LR1 | Summary comparison of accounting assets vs leverage ratio exposure | No | ||
LR2 | Leverage ratio common disclosure template | No | |||
LIQA | Liquidity risk management | No | |||
LIQ1 | Liquidity Coverage Ratio | No | |||
7. Liquidity | LIQ2 | Net Stable Funding Ratio | No | ||
ELAR | Eligible Liquid Assets Ratio | Yes | |||
ASRR | Advances to Stable Resources Ratio | Yes | |||
CRA | General qualitative information about credit risk | No | |||
CR1 | Credit quality of assets | ||||
CR2 | Changes in stock of defaulted financing and sukuk | ||||
CRB | Additional disclosure related to the credit quality of assets | ||||
8. Credit Risk | CRC | Qualitative disclosure requirements related to credit risk mitigation techniques | |||
CR3 | Credit risk mitigation techniques - overview | ||||
CRD | Qualitative disclosures on Banks' use of external credit ratings under the standardised approach | ||||
for credit risk | |||||
CR4 | Standardised approach - credit risk exposure and Credit Risk Mitigation (CRM) effects | ||||
CR5 | Standardised approach - exposures by asset classes and risk weights | ||||
CCRA | Qualitative disclosure related to counterparty credit risk | ||||
CCR1 | Analysis of counterparty credit risk (CCR) exposure by approach | No | |||
9. Counterparty Credit | CCR1 | Credit valuation adjustment capital charge | |||
Risk | CCR3 | Standardised approach of CCR exposures by regulatory portfolio and risk weights | |||
CCR5 | Composition of collateral for CCR exposure | ||||
CCR6 | Credit derivatives exposures | No | |||
CCR8 | Exposures to central counterparties | ||||
SECA | Qualitative disclosure requirements related to securitisation exposures | No | |||
SEC1 | Securitisation exposures in the Banking book | ||||
SEC2 | Securitisation exposures in the trading book | ||||
10. Securitisation | SEC3 | Securitisation exposures in the Banking book and associated regulatory capital requirements | |||
- Bank acting as originator or as sponsor | |||||
SEC4 | Securitisation exposures in the Banking book and associated capital requirements - Bank | ||||
acting as investor | |||||
11. Market Risk | MRA | General qualitative disclosure requirements related to market risk | No | ||
MR1 | Market risk under standardised approach | No | |||
12. Profit Rate Risk in the | PRRBBA | PRRBB risk management objective and policies | No | ||
Banking Book | PRRBB1 | Quantitative information on PRRBB | No | ||
13. Operational Risk | OR1 | Qualitative disclosure on operational risk | No | ||
Qualitative Disclosure | |||||
14. Remuneration policy | REMA | Remuneration policy | No | ||
REM1 | Remuneration awarded during the 2021 | No | |||
REM2 | Special payments | No | |||
LIQA | Liquidity risk management | No | |||
2 | |||||
Pillar III Disclosures - September 2023 | |||||
Introduction
The Central Bank ofthe UAE sets and monitors capital requirements for the Group as a whole. The CBUAE issued Basel III capital regulations, which came into effect from 1 February 2017 introducing minimum capital requirements at three levels, namely Common Equity Tier 1 ("CET1"), Additional Tier 1 ("AT1") and Total Capital.
The additional capital buffers (Capital Conservation Buffer ("CCB") and CountercyclicalCapital Buffer ("CCyB") maximum up to 2.5% for each buffer) introduced are over and above the minimum CET1 requirement of 7%.
For 2023 and onwards, CCB will be required to be maintainedat 2.5% (2022: 2.5%)of the Capital base. CCyB is not yet in effect
and is not requiredto be maintainedfor 2023 (2022: Nil).
The Basel III framework is basedon three pillars:
- Pillar I - Minimum capital requirements: defines rules for the calculationof minimum capital for credit, market andoperational risk. The framework allows for different approaches, which can be selected depending on size, sophistication and other considerations. These comprise for Credit Risk: Standardised, FoundationInternalRating Based (FIRB), Advanced Internal Rating Based (AIRB); for Market Risk: Standardised and Internal Models Approach; and for Operational Risk: Basic Indicator Approach and StandardisedApproach.
- Pillar II - Provides the framework for an enhanced supervisory review process with the objective of assessing the adequacy of the Bank's capital to cover not only the three primary risks (Credit, Market and Operational), but in addition a series of other risks that the Bank may be exposedto; for example, concentration risk, residual risk, business risk, liquidity risk etc. It includes the requirement for banks to undertake an Internal Capital Adequacy Assessment Process(ICAAP) on an annualbasis, which is subject to the Central Bank review and inspection.
- Pillar III - Market discipline: requires expanded disclosures, whichallow regulators, investors and other market participants to more fully understand the risk profiles of individual banks. The requirements of Pillar III in the case of ADIB are fulfilled in this annual report.
The requirements of the Central Bank of the UAE act as the framework for the implementation of the Basel III Accord in the UAE. In December 2022, CBUAE issued revised standards and guidelines for Capital Adequacy in UAE via Circular 5280/2022. The revised versionof the Standards alsoincludes additional Guidance onthe topicsof Credit Risk, Market Risk, andOperational Risk.
Following are the changes in the revisedstandards which have been adoptedeitherprior to 2023:
- The Tier Capital Supply Standard.
- Tier Capital Instruments Standard.
- Pillar 2 Standard: InternalCapital AdequacyAssessment Process (ICAAP).
- Credit Risk, Market Risk and Operational Risk.
- Equity Investment in Funds, Securitisation, Counterparty Credit Risk, Leverage Ratio.
- Credit Value Adjustment (CVA) for Pillar 1 and 3.
The purpose of Pillar 3 - Market Discipline is to complement the minimum capital requirements (Pillar 1) and the supervisory review process (Pillar 2). The CBUAE supports the enhanced market discipline by developing a set of disclosure requirements which will allow market participants to assess key informationon the scope of application, capital, riskexposure, riskassessment process and hence the capital adequacy of the Group. The revisedPillar 3 disclosures, based on a common framework, are an effective means of informing the market about the risks faced by the Group, and provide a consistent and understandable disclosure framework that enhances transparencyand improves comparability and consistency.
3
Pillar III Disclosures - September 2023
InformationOn Subsidiaries And Significant Investment As On 30 September 2023
Country of Incorporation | % Ownership | Description | Treatment - Regulatory | Treatment - Accounting | |
SUBSIDIARIES | |||||
Abu Dhabi Islamic Securities Company LLC | UAE | 95 | Equity Brokerage Services | Fully consolidated | Fully consolidated |
ADIB Invest 1 | BVI | 100 | Equity Brokerage Services | Fully consolidated | Fully consolidated |
Burooj Properties LLC ** | UAE | 100 | Real Estate Investments | Not consolidated | Fully consolidated |
MPM Properties LLC ** | UAE | 100 | Real Estate Services | Not consolidated | Fully consolidated |
Kawader Services LLC ** | UAE | 100 | Manpower Supply | Not consolidated | Fully consolidated |
ADIB (UK) Limited | United Kingdom | 100 | Other services | Fully consolidated | Fully consolidated |
ADIB Capital Ltd | UAE | 100 | Funds Services | Fully consolidated | Fully consolidated |
Abu Dhabi Islamic Bank - Egypt (S.A.E.) | Egypt | 53 | Islamic banking | Fully consolidated | Fully consolidated |
ADIB Sukuk Company II Ltd.* | Cayman Islands | - | Special Purpose Vehicle | Fully consolidated | Fully consolidated |
ADIB Capital Invest 2 Ltd.* | Cayman Islands | - | Special Purpose Vehicle | Fully consolidated | Fully consolidated |
ADIB Capital Invest 3 Ltd.* | Cayman Islands | - | Special Purpose Vehicle | Fully consolidated | Fully consolidated |
ADIB Alternatives Ltd.* | Cayman Islands | - | Special Purpose Vehicle | Fully consolidated | Fully consolidated |
SIGNIFICANT INVESTMENT | |||||
The Residential REIT (IC) Limited | UAE | 29 | Real Estate Fund | Deduction treatment | Equity Method |
Abu Dhabi National Takaful PJSC | UAE | 42 | Islamic insurance | Deduction treatment | Equity Method |
Bosnia Bank International D.D | Bosnia | 27 | Islamic banking | Deduction treatment | Equity Method |
Saudi Finance Company CSJC | Kingdom of Saudi Arabia | 51 | Islamic Retail Finance | Deduction treatment | Equity Method |
Arab Link Money Transfer PSC (under liquidation) | UAE | 51 | Currency Exchange | Deduction treatment | Equity Method |
Abu Dhabi Islamic Merchant Acquiring Company LLC | UAE | 51 | Merchant acquiring | Deduction treatment | Equity Method |
- The Bank does not have any direct holdingin these entitiesand they are consideredto be a subsidiaryby virtue of control.
- In accordance with the Circular No. 52/2017 and the Capital Supply standard, the consolidated entity includes all subsidairies except commercial entities for the purpose of Basel III calculations and is subject to treatment outlinedsection 5 of "Tier Capital SupplyStandard" relatedto "Significant investment in commercial entities"
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Pillar III Disclosures - September 2023
1. Overview of Risk Management and RWA
KM1: Key metrics (at consolidated group level): Overview of risk management, key prudential metrics and RWA categories
a | b | c | d | e | |||||||
AED '000s | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 | 30 Sep 2022 | ||||||
Available capital (amounts) | |||||||||||
1 | Common Equity Tier 1 (CET1) | 17,937,470 | 16,455,669 | 15,411,562 | 14,480,430 | 15,293,743 | |||||
1a | Fully loaded ECL accounting model | 17,803,550 | 16,315,519 | 15,293,443 | 14,332,387 | 15,251,594 | |||||
2 | Tier 1 | 22,691,845 | 21,210,044 | 20,165,937 | 19,234,805 | 20,048,118 | |||||
2a | Fully loaded accounting model Tier 1 | 22,557,925 | 21,069,894 | 20,047,818 | 19,086,762 | 20,005,969 | |||||
3 | Total capital | 24,214,200 | 22,656,200 | 21,545,362 | 20,578,904 | 21,376,398 | |||||
3a | Fully loaded ECL accounting model total capital | 24,080,280 | 22,516,050 | 21,427,243 | 20,430,860 | 21,334,249 | |||||
Risk-weighted assets (amounts) | |||||||||||
4 | Total risk-weighted assets (RWA) | 134,300,337 | 128,331,204 | 122,840,401 | 119,856,783 | 119,432,225 | |||||
Risk-based capital ratios as a percentage of RWA | |||||||||||
5 | Common Equity Tier 1 ratio (%) | 13.36% | 12.82% | 12.55% | 12.08% | 12.81% | |||||
5a | Fully loaded ECL accounting model CET1 (%) | 13.26% | 12.71% | 12.45% | 11.96% | 12.77% | |||||
6 | Tier 1 ratio (%) | 16.90% | 16.53% | 16.42% | 16.05% | 16.79% | |||||
6a | Fully loaded ECL accounting model Tier 1 ratio (%) | 16.80% | 16.42% | 16.32% | 15.92% | 16.75% | |||||
7 | Total capital ratio (%) | 18.03% | 17.65% | 17.54% | 17.17% | 17.90% | |||||
7a | Fully loaded ECL accounting model total capital ratio (%) | 17.93% | 17.55% | 17.44% | 17.05% | 17.86% | |||||
Additional CET1 buffer requirements as a percentage of RWA | |||||||||||
8 | Capital conservation buffer requirement (2.5% from 2019) (%) | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | |||||
9 | Countercyclical buffer requirement (%) | 0.02% | 0.02% | 0.02% | 0.02% | 0.00% | |||||
10 | Bank D-SIB additional requirements (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||
11 | Total of bank CET1 specific buffer requirements (%) (row 8 + row 9+ | 2.52% | 2.52% | 2.52% | 2.52% | 2.50% | |||||
row 10) | |||||||||||
12 | CET1 available after meeting the bank's minimum capital | 6.36% | 5.82% | 5.55% | 5.08% | 5.81% | |||||
requirements (%) | |||||||||||
Leverage Ratio | |||||||||||
13 | Total leverage ratio measure | 191,671,001 | 189,331,768 | 178,510,644 | 174,424,479 | 159,742,767 | |||||
14 | Leverage ratio (%) (row 2/row 13) | 11.84% | 11.20% | 11.30% | 11.03% | 12.55% | |||||
14a | Fully loaded ECL accounting model leverage ratio (%) (row 2A/row 13) | 11.77% | 11.13% | 11.23% | 10.94% | 12.52% | |||||
14b | Leverage ratio (%) (excluding the impact of any applicable temporary | 11.84% | 11.20% | 11.30% | 11.03% | 12.55% | |||||
exemption of central bank reserves) | |||||||||||
Liquidity Coverage Ratio | |||||||||||
15 | Total HQLA | N/A | N/A | N/A | N/A | N/A | |||||
16 | Total net cash outflow | N/A | N/A | N/A | N/A | N/A | |||||
17 | LCR ratio (%) | N/A | N/A | N/A | N/A | N/A | |||||
Net Stable Funding Ratio | |||||||||||
18 | Total available stable funding | N/A | N/A | N/A | N/A | N/A | |||||
19 | Total required stable funding | N/A | N/A | N/A | N/A | N/A | |||||
20 | NSFR ratio (%) | N/A | N/A | N/A | N/A | N/A | |||||
Eligible Liquidity Asset Ratio (ELAR) | |||||||||||
21 | Total HQLA | 26,660,996 | 31,076,746 | 26,454,931 | 24,386,707 | 19,889,775 | |||||
22 | Total liabilities | 141,684,436 | 142,316,122 | 135,038,021 | 128,797,134 | 125,002,931 | |||||
23 | Eligible Liquid Assets Ratio (ELAR) (%) | 18.82% | 21.84% | 19.59% | 18.93% | 15.9% | |||||
Advances to Stable Resources Ratio (ASRR) | |||||||||||
24 | Total available stable funding | 151,199,095 | 148,647,953 | 140,972,387 | 138,871,454 | 118,338,051 | |||||
25 | Total Advances | 118,888,033 | 115,909,880 | 113,167,485 | 113,977,207 | 101,907,869 | |||||
26 | Advances to Stable Resources Ratio (ASRR) (%) | 78.63% | 77.98% | 80.28% | 82.07% | 86.1% |
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Pillar III Disclosures - September 2023
OV1: Overview of RWA
a | b | c | |||
RWAs | Minimum capital | ||||
AED '000s | requirements | ||||
30 Sep | 30 June | 30 Sep | |||
2023 | 2023 | 2023 | |||
1 | Credit risk (excluding counterparty credit risk) (CCR) | 121,121,562 | 115,012,884 | 12,717,764 | |
2 | Of which standardised approach (SA) | 121,121,562 | 115,012,884 | 12,717,764 | |
3 | |||||
4 | |||||
5 | |||||
6 | Counterparty credit risk (CCR) | 628,402 | 647,445 | 65,982 | |
7 | Of which standardised approach for counterparty credit risk | 628,402 | 647,445 | 65,982 | |
8 | |||||
9 | |||||
10 | |||||
11 | |||||
12 | Equity investments in funds - look-through approach | - | - | - | |
13 | Equity investments in funds - mandate-based approach | - | - | - | |
14 | Equity investments in funds - fallback approach | 38,434 | 32,209 | 4,036 | |
15 | Settlement risk | - | - | - | |
16 | Securitisation exposures in banking book | - | - | - | |
17 | |||||
18 | Of which: securitistion external ratings-based approach (SEC-ERBA) | - | - | - | |
19 | Of which: securitistion standarised approach (SEC-SA) | - | - | - | |
20 | Market risk | 1,830,069 | 1,956,796 | 192,157 | |
21 | Of which standardised approach (SA) | 1,830,069 | 1,956,796 | 192,157 | |
22 | |||||
23 | Operational risk | 10,681,870 | 10,681,870 | 1,121,596 | |
24 | |||||
25 | |||||
26 | Total (1+6+10+11+12+13+14+15+16+20+23) | 134,300,337 | 128,331,204 | 14,101,535 |
• The minimum capital requirements appliedin columnC is 10.5%.
2. Linkages between Financial Statements and Regulatory Exposures
Required Annually
3. Prudential Valuation Adjusments
PV1: Prudential valuation adjustments (PVAs)
Not applicable
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Pillar III Disclosures - September 2023
4. Composition of Capital
Required Semi - Annually
5. Macroprudential Supervisory measures
Required Semi - Annually
6. Leverage Ratio
LR1: Summary comparison of accounting assets vs leverage ratio exposure
30 Sep 2023 | ||
Summary comparison of accounting assets versus leverage ratio exposure measure | a | |
Item | AED '000s | |
1 | Total consolidated assets as per published financial statements | 184,123,541 |
Adjustment for investments in banking, financial, insurance or commercial entities that are consolidated for | (54,797) | |
2 | accounting purposes but outside the scope of regulatory consolidation | |
Adjustment for securitised exposures that meet the operational requirements for the recognition of risk transference | ||
3 | - | |
4 | Adjustments for temporary exemption of central bank reserves (if applicable) | - |
Adjustment for fiduciary assets recognized on the balance sheet pursuant to the | ||
5 | operative accounting framework but excluded from the leverage ratio exposure measure | - |
6 | Adjustments for regular-way purchases and sales of financial assets subject to trade date accounting | - |
7 | Adjustments for eligible cash pooling transactions | - |
8 | Adjustments for derivative financial instruments | 1,426,993 |
9 | Adjustment for securities financing transactions (i.e. repos and similar secured financing) | - |
10 | Adjustment for off-balance sheet items (i.e. conversion to credit equivalent amounts of off-balance sheet exposures) | 7,177,385 |
11 | Adjustments for prudent valuation adjustments and specific and general provisions which have reduced Tier 1 capital | (363,062) |
12 | Other adjustments | (639,059) |
13 | Leverage ratio exposure measures | 191,671,001 |
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Pillar III Disclosures - September 2023
LR2: Leverage ratio common disclosure template
a | b | ||
AED '000s | 30 Sep 23 | 30 June 23 | |
On-balance sheet exposures | |||
1 | On-balance sheet exposures (excluding derivatives and securities financing transactions (SFTs), but | 184,068,744 | 182,040,055 |
including collateral) | |||
2 | Gross-up for derivatives collateral provided where deducted from balance sheet assets pursuant to the | - | - |
operative accounting framework | |||
3 | (Deductions of receivable assets for cash variation margin provided in derivatives transactions) | - | - |
4 | (Adjustment for securities received under securities financing transactions that are recognised as an | - | - |
asset) | |||
5 | (Specific and general provisions associated with on-balance sheet exposures that are deducted from | (363,062) | (487,605) |
Tier 1 capital) | |||
6 | (Asset amounts deducted in determining Tier 1 capital) | (639,059) | (642,779) |
7 | Total on-balance sheet exposures (excluding derivatives and SFTs) (sum of rows 1 to 6) | 183,066,623 | 180,909,671 |
Derivative Exposures | |||
8 | Replacement cost associated with all derivatives transactions (where applicable net of eligible cash | 449,155 | 488,041 |
variation margin and/or with bilateral netting) | |||
9 | Add-on amounts for PFE associated with all derivatives transactions | 977,838 | 1,129,144 |
10 | (Exempted CCP leg of client-cleared trade exposures) | - | - |
11 | Adjusted effective notional amount of written credit derivatives | - | - |
12 | (Adjusted effective notional offsets and add-on deductions for written credit derivatives) | - | - |
13 | Total derivative exposures (sum of rows 8 to 12) | 1,426,993 | 1,617,155 |
Securities financing transaction exposures | |||
14 | Gross SFT assets (with no recognition of netting), after adjusting for sales accounting transactions | - | - |
15 | (Netted amounts of cash payables and cash receivables of gross SFT assets) | - | - |
16 | Credit Conversion Factor (CCR) exposure for Security Financing Transaction (SFT) assets | - | - |
17 | Agent transaction exposures | - | - |
18 | Total securities financing transaction exposures (sum of lines 14 to 17) | - | - |
Other off-balance sheet exposures | |||
19 | Off-balance sheet exposure at gross notional amount | 14,462,800 | 13,201,131 |
20 | (Adjustments for conversion to credit equivalent amounts) | (7,285,415) | (6,396,190) |
21 | (Specific and general provisions associated with off-balance sheet exposures deducted in determining | - | - |
Tier 1 capital) | |||
22 | Off-balance sheet items (sum of lines 19 to 21) | 7,177,385 | 6,804,942 |
Capital and total exposures | |||
23 | Tier 1 capital | 22,691,845 | 21,210,043 |
24 | Total exposures (sum of lines 7, 13, 18 and 22) | 191,671,001 | 189,331,768 |
Leverage ratio | |||
25 | Leverage ratio (including the impact of any applicable temporary exemption of central bank reserves) | 11.84% | 11.20% |
25a | Leverage ratio (excluding the impact of any applicable temporary exemption of central bank reserves) | 11.84% | 11.20% |
26 | CBUAE minimum leverage ratio requirement | 3.00% | 3.00% |
27 | Applicable leverage buffers | 0.00% | 0.00% |
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Pillar III Disclosures - September 2023
7. Liquidity
LIQ1: Liquidity Coverage Ratio (LCR) - Not applicable for ADIB Group
LIQ2: Net Stable Funding Ratio (NSFR) - Not applicable for ADIB Group
ELAR: Eligible Liquid Assets Ratio* (UAE operation only)
AED '000s | 30 Sep 2023 | ||||||
Nominal | Eligible Liquid | ||||||
amount | Asset | ||||||
1 | High Quality Liquid Assets | ||||||
1.1 | Physical cash in hand at the bank + balances with the CBUAE | 23,614,883 | |||||
1.2 | UAE Federal Government Sukuks | - | |||||
Sub Total (1.1 to 1.2) | 23,614,883 | 23,614,883 | |||||
1.3 | UAE local governments publicly traded debt securities | 3,046,113 | |||||
1.4 | UAE Public sector publicly traded debt securities | - | |||||
Sub Total (1.3 to 1.4) | 3,046,113 | 3,046,113 | |||||
1.5 | Foreign Sovereign debt instruments or instruments issued by their respective central banks | - | - | ||||
1.6 | Total | 26,660,996 | 26,660,996 | ||||
2 | Total liabilities | 141,684,436 | |||||
3 | Eligible Liquid Assets Ratio (ELAR) | 18.82% | |||||
*as per BRF 8. | |||||||
ASRR: Advances to Stable Resources Ratio* | |||||||
AED '000s | 30 Sep 2023 | ||||||
Amount | |||||||
1 | Computation of Advances | ||||||
1.1 | Net financing (gross financing - specific and profit in suspense) | 112,095,757 | |||||
1.2 | Placement with non-banking financial institutions | 631,373 | |||||
1.3 | Net Financial Guarantees & Stand-by LC (issued - received) | 610,922 | |||||
1.4 | Interbank Placements | 5,549,981 | |||||
1.5 | Total Advances | 118,888,033 | |||||
2 | Computation of Net Stable Resources | ||||||
2.1 | Total capital + general provisions | 26,098,382 | |||||
Deduct: | |||||||
2.1.1 | Goodwill and other intangible assets | 639,059 | |||||
2.1.2 | Fixed Assets | 2,735,236 | |||||
2.1.3 | Funds allocated to branches abroad | - | |||||
2.1.5 | Unquoted Investments | 119,756 | |||||
2.1.6 | Investment in subsidiaries, associates and affiliates | 1,375,694 | |||||
2.1.7 | Total deduction | 4,869,745 | |||||
2.2 | Net Free Capital Funds | 21,228,637 | |||||
2.3 | Other Stable resources: | ||||||
2.3.1 | Funds from the head office | - | |||||
2.3.2 | Interbank deposits with remaining life of more than 6 months | 44,063 | |||||
2.3.3 | Refinancing of Housing financing | - | |||||
2.3.4 | Fincnaing from non-Banking Financial Institutions | 1,721,121 | |||||
2.3.5 | Customer Deposits | 128,205,274 | |||||
2.3.6 | Capital market funding/ term financing maturing after 6 months from reporting date | - | |||||
2.3.7 | Total other stable resources | 129,970,458 | |||||
2.4 | Total Stable Resources (2.2+2.3.7) | 151,199,095 | |||||
3 | Advances TO STABLE RESOURCES RATIO (1.5/ 2.4*100) | 78.63 |
*as per BRF 54.
9
Pillar III Disclosures - September 2023
8. Credit Risk
Required Semi - Annually
9. Counterparty Credit Risk
Required Semi - Annually
10. Securitisation
SECA: Qualitative disclosure requirements related to securitisation exposures
Not applicable
SEC1: Securitisation exposures in the banking book
Not applicable
SEC2: Securitisation exposures in the trading book
Not applicable
SEC3: Securitisation exposures in the banking book and associated regulatory capital requirements - bank acting as originator or as sponsor
Not applicable
SEC4: Securitisation exposures in the banking book and associated capital requirements - bank acting as investor
Not applicable
11. Market Risk
Required Semi - Annaully
12. Profit Rate Risk in the Bnaking Book (PRRBB)
Required Annually
13. Operational Risk
Required Annually
14. Remuneration Policy
Required Annually
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Pillar III Disclosures - September 2023
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Disclaimer
Abu Dhabi Islamic Bank PJSC published this content on 07 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 November 2023 16:59:49 UTC.