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FIRST GULF BANK

INVESTOR PRESENTATION – OCTOBER 2013

FGB INVESTOR PRESENTATION – OCTOBER 2013

OPERATING ENVIRONMENT...………………………………….……..….……………………………………….3

FIRST GULF BANK PROFILE………………....….……………………………………………………………….8

Q3/9M’13 PERFORMANCE REVIEW……….….………………………………………………………………16

AgendaCONTENTS

2/30


UAE ECONOMIC OVERVIEW

(2)Abu Dhabi Statistics Centre (June 2013)

UAE federation was established in 1971 and is comprised

of seven Emirates

Politically stable country and highly favorable business

climate

Total population estimated at 8.3 million

7th largest oil reserves in the world (98 Bn boe(1))

Second largest economy in the GCC

FY12 nominal GDP of USD 384Bn; 2013E and 2014F Real

GDP Growth seen at 4.0% and 3.9% respectively

UAE federation was established in 1971 and is comprised

of seven Emirates

Politically stable country and highly favorable business

climate

Total population estimated at 8.3 million

7th largest oil reserves in the world (98 Bn boe(1))

Second largest economy in the GCC

FY12 nominal GDP of USD 384Bn; 2013E and 2014F Real

GDP Growth seen at 4.0% and 3.9% respectively

ABU DHABIABU DHABI

DubaiDubaiSharjahSharjah

AjmanAjman

Umm al-QuwaynUmm al-Quwayn

Ras al-KhaymahRas al-Khaymah

FujairahFujairahABU DHABI

DubaiSharjah

Ajman

Umm al-Quwayn

Ras al-Khaymah

Fujairah

Largest Emirate in the UAE accounting for more than 80%

of the country’s total land area

FY12 nominal GDP at USD 248Bn(2)

Over 57% of Abu Dhabi’s GDP generated from the

hydrocarbon sector

Major non-oil GDP contributors include: construction and

real estate, manufacturing, logistics, and wholesale and

retail trade

Transition underway towards a more diversified economy

with a particular focus on the infrastructure and services

sectors inline with Abu Dhabi Plan 2030

Largest Emirate in the UAE accounting for more than 80%

of the country’s total land area

FY12 nominal GDP at USD 248Bn(2)

Over 57% of Abu Dhabi’s GDP generated from the

hydrocarbon sector

Major non-oil GDP contributors include: construction and

real estate, manufacturing, logistics, and wholesale and

retail trade

Transition underway towards a more diversified economy

with a particular focus on the infrastructure and services

sectors inline with Abu Dhabi Plan 2030

SOLID FUNDAMENTALS

ABU DHABI AT A GLANCESource: IMF World Economic Database (October 2013)

(1)boe: barrel of oil equivalent

NOMINAL GDP AND REAL GDP GROWTH

255287

349384 390 404

-4.8%

1.7%

3.9%4.4% 4.0% 3.9%

-6.0%

-4.0%

-2.0%

0.0%

2.0%

4.0%

6.0%

-50

50

150

250

350

450

550

650

2009 2010 2011 2012 2013E 2014F

Nominal GDP (USD Bn) Real GDP growth

3/30


Masdar City

Strata

Cleveland Clinic

Paris SorbonneZayed UniversityNew YorkUniversity

Masdar City

Ferrari World Abu Dhabi

Emirates Palace

EtihadTowers

YasMarinaCircuit

Energy

• Masdar City - the world’s first carbon neutral, zero-waste to landfill,car-free city powered entirely by alternative energy sources.

• Masdar Institute – an institute developed with Massachusetts Instituteof Technology (MIT) with the aim to develop the emirate’s humancapital and develop research in alternative energies.

Energy

• Masdar City - the world’s first carbon neutral, zero-waste to landfill,car-free city powered entirely by alternative energy sources.

• Masdar Institute – an institute developed with Massachusetts Instituteof Technology (MIT) with the aim to develop the emirate’s humancapital and develop research in alternative energies.

TourismTourismHotels• Etihad Towers• Emirates Palace• St. Regis Abu Dhabi• Rocco Forte Hotel• Qasr Al Sarab Desert Resort• Ritz-Carlton Abu Dhabi• Eastern Mangroves Hotel

Entertainment

• Yas Marina Circuit• Ferrari World Abu Dhabi• Yas Waterworld Abu Dhabi• Al Ain Wildlife Park• Shopping malls

Education

• Universities: Paris Sorbonne Abu Dhabi, New York University, andZayed University

Education

• Universities: Paris Sorbonne Abu Dhabi, New York University, andZayed University

Aviation, Aerospace & Defence

• Strata is a composite aero structures manufacturing facility, wholly-owned by Mubadala, which has formed partnerships with a number ofleading aerospace companies to establish manufacturing programs ata new plant in Al Ain.

Aviation, Aerospace & Defence

• Strata is a composite aero structures manufacturing facility, wholly-owned by Mubadala, which has formed partnerships with a number ofleading aerospace companies to establish manufacturing programs ata new plant in Al Ain.

Healthcare, Equipment & Services

•Cleveland Clinic Abu Dhabi will offer a 364-bed hospital organizedinto five institutes, digestive disease, eye, heart & vascular,neurological, respiratory and critical care.

Healthcare, Equipment & Services

•Cleveland Clinic Abu Dhabi will offer a 364-bed hospital organizedinto five institutes, digestive disease, eye, heart & vascular,neurological, respiratory and critical care.

Source: Abu Dhabi Council for Economic Development (June 2012)

4/30

PLAN ABU DHABI 2030 – KEY SECTORS


(1)Source: BP Statistical Review of World Energy (June 2013)(2)2013 forecasts - Source: International Monetary Fund for all, except Abu Dhabi (Standard & Poor’s)Note: Unless otherwise indicated, all outlooks are stable; (-) Negative outlook

ABU DHABI WITHIN THE GCC CONTEXT

Kuwait

Qatar

Saudi Arabia

Abu Dhabi

Bahrain

Oman

Aa2, AA, AA

Aa2, AA, NR

Aa3, AA-, AA-

Aa2 , AA, AA

Baa1 (-), BBB (-), BBB

A1, A, NR

3.1mn bpd+

2.0mn bpd+

11.5mn bpd+

0.4mn bpd+

0.9mn bpd+

6/ 36

USD 44,585

USD 98,737

USD 25,163

USD 23,930

USD 24,729

USD 109,0003.0mn bpd+

LT Ratings

(Moody’s, S&P, Fitch)

LT Ratings

(Moody’s, S&P, Fitch)Oil Production(1)Oil Production(1) GDP Per Capita(2)GDP Per Capita(2)

5/30


UAE34%

Qatar16%

Kuwait12%

Bahrain3%

Saudi32%

Oman4%

UAE BANKING SECTOR LANDSCAPE

(1)Source: Central Banks; total assets as of Dec 2012

(2)UAE listed banks total assets represent 84% of total UAE banking system assets as of June’13

Source: UAE Central Bank, FGB financials

Largest banking industry in the GCC (34% share in

assets)

Sector comprises of 23 local banks (824 branches) and 28

licensed foreign banks (86 branches)

Strong track record of systemic support as evident

through the measures taken since the onset of the

financial crisis

As of June-end 13, the industry is showing healthy

indicators with aggregate loan book up 4.4% in H1’13

(from 1.8% the same period last year) and sector CAR at

19.0%

Largest banking industry in the GCC (34% share in

assets)

Sector comprises of 23 local banks (824 branches) and 28

licensed foreign banks (86 branches)

Strong track record of systemic support as evident

through the measures taken since the onset of the

financial crisis

As of June-end 13, the industry is showing healthy

indicators with aggregate loan book up 4.4% in H1’13

(from 1.8% the same period last year) and sector CAR at

19.0%

UAE Banking Sector First Gulf Bank First Gulf Bank market share

Total assets (USD Bn) 511.3 49.8 10%

Loans and advances (USD Bn) 312.4 33.5 11%

Customer Deposits (USD Bn) 341.8 33.7 10%

UAE Listed Banks(2) First Gulf Bank First Gulf Bank market share

Equity (USD Bn) 58.0 8.0 14%

Net Profits (USD Mn) 3,824.8 602.4 16%

HIGHLIGHTS GCC BANKS ASSETS BREAKDOWN BY COUNTRY (1)

H1’13 INDICATORS

6/30





AgendaCONTENTS

7/30


Leading UAE franchise majority-owned by Abu Dhabi’s ruling family

#2 UAE Bank by net profits and #3 by total assets; 11% and 10% marketshares in loans and customer deposits respectively

Superior fundamentals in terms of volumes growth, asset quality, NIMs,

cost efficiency and capitalization

Strong risk management culture and stable management team

Efficient business model warranting sustainable growth and value creation

Ranked #161 in The Banker Magazine’s latest Top 1000 Banks ranking byTier 1 capital strength

SUMMARY

8/30


OVERVIEW

A LEADING UAE FRANCHISE OWNERSHIP STRUCTURE(1)

CREDIT RATINGS GLOBAL FOOTPRINT

Incorporated in 1979 and headquartered in Abu Dhabi

64.9% owned by Abu Dhabi’s ruling family

Wide range of financial products and services offered through

a network of 23 branches and 135 ATMs across the UAE;

international presence in Libya, Qatar, India, Singapore and

Hong-Kong

1,159 employees; more than 300,000 customers

Market cap. of USD 13.3Bn (AED 48.9Bn) as of Oct. 31st,

2013

Incorporated in 1979 and headquartered in Abu Dhabi

64.9% owned by Abu Dhabi’s ruling family

Wide range of financial products and services offered through

a network of 23 branches and 135 ATMs across the UAE;

international presence in Libya, Qatar, India, Singapore and

Hong-Kong

1,159 employees; more than 300,000 customers

Market cap. of USD 13.3Bn (AED 48.9Bn) as of Oct. 31st,

2013

1 Subsidiary

2 Rep Offices

2 Branches

Doha

Singapore

MumbaiHong-Kong

FGB-LibyaTripoli

LONG TERM RATING OUTLOOK

A2(Since 2007)

Stable

A+(Since 2007)

Stable

A+ Stable

(1) As of September-end 2013

Abu DhabiRuling Family

64.9%

UAEcompanies

andindividuals

20.1%

ForeignShareholders

10.5%

GCC Nationals4.5%

9/30


BOARD OF DIRECTORS

H.H. SHEIKH TAHNOON BIN ZAYED AL NAHYAN – CHAIRMAN

CHAIRMAN OF AMIRI FLIGHT

CHAIRMAN OF ROYAL GROUP

H.H. SHEIKH TAHNOON BIN ZAYED AL NAHYAN – CHAIRMAN

CHAIRMAN OF AMIRI FLIGHT

CHAIRMAN OF ROYAL GROUP

FGB Board Members are prominent stakeholders of the Abu Dhabi Business CommunityFGB Board Members are prominent stakeholders of the Abu Dhabi Business Community

Member of:Abu Dhabi ExecutiveCouncilAbu Dhabi Council forEconomic DevelopmentAbu Dhabi Executive AffairsAuthority (Chairman)

Member of:Abu Dhabi ExecutiveCouncilAbu Dhabi Council forEconomic DevelopmentAbu Dhabi Executive AffairsAuthority (Chairman)

Board Member of:

Emirates InvestmentAuthority

Abu Dhabi SecuritiesExchange

Emirates IntegratedTelecom Co (DU)

Mubadala DevelopmentCompany

Board Member of:

Emirates InvestmentAuthority

Abu Dhabi SecuritiesExchange

Emirates IntegratedTelecom Co (DU)


Board Member of Al AinInternational Group(Vice Chairman)

Board Member of Al AinInternational Group(Vice Chairman)

Vice Chairman of the board ofthe Arab Bank forinvestmentChairman of Al Ain Farms forLivestock productionBoard member of the centerof food security of Abu Dhabi

Vice Chairman of the board ofthe Arab Bank forinvestmentChairman of Al Ain Farms forLivestock productionBoard member of the centerof food security of Abu Dhabi

Board Member of:


Abu Dhabi Water &Electricity Authority

Etihad Airways

Board Member of:


Abu Dhabi Water &Electricity Authority

Etihad Airways

KHALDOON KHALIFA

AL MUBARAK

BOARD MEMBER

CEO OF MUBADALA

DEVELOPMENT COMPANY

KHALDOON KHALIFA

AL MUBARAK

BOARD MEMBER

CEO OF MUBADALA

DEVELOPMENT COMPANY

ABDULHAMID

MOHAMMED SAEED

BOARD MEMBER

FGB MANAGING DIRECTOR

ABDULHAMID

MOHAMMED SAEED

BOARD MEMBER

FGB MANAGING DIRECTOR

SULTAN KHALFAN

AL KETBI

BOARD MEMBER

SULTAN KHALFAN

AL KETBI

BOARD MEMBER

XX

MOHAMMED SAIF

AL SUWAIDI

BOARD MEMBER

DIRECTOR GENERAL OF ABU

DHABI FUND FOR

DEVELOPMENT

XX

MOHAMMED SAIF

AL SUWAIDI

BOARD MEMBER

DIRECTOR GENERAL OF ABU

DHABI FUND FOR

DEVELOPMENT

AHMED ALI

AL SAYEGH

VICE CHAIRMAN

CHAIRMAN OF ABU DHABI

GLOBAL MARKET

CEO OF DOLPHIN ENERGY

AHMED ALI

AL SAYEGH

VICE CHAIRMAN

CHAIRMAN OF ABU DHABI

GLOBAL MARKET

CEO OF DOLPHIN ENERGY

10/30


Original core business of the

Bank

Customer base includes

large corporate & multi-

national clients and financial

institutions

Services include debt

markets (advisory, bilateral,

& syndicated loans, project

and structured finance) and

transaction banking (cash,

trade, liabilities) supported

by treasury sales (hedging,

FX, rates, commodities)

Organized geographically

across UAE and international

locations (Singapore, Libya,

Hong-Kong, Qatar, India)

Original core business of the

Bank

Customer base includes

large corporate & multi-

national clients and financial

institutions

Services include debt

markets (advisory, bilateral,

& syndicated loans, project

and structured finance) and

transaction banking (cash,

trade, liabilities) supported

by treasury sales (hedging,

FX, rates, commodities)

Organized geographically

across UAE and international

locations (Singapore, Libya,

Hong-Kong, Qatar, India)

BUSINESS SEGMENTS

Core Banking Revenue DriversCore Banking Revenue Drivers

Focus on key customer

segments: Emirati, Mass,

SME, Wealth

Leverage product

innovation, analytics, and

alliances to create

differentiation

Investing for the future and

enhancing customer

experience through

technology and process

improvements

Positioning as Bank of

Choice for UAE Nationals

Manage National Housing

Loan program for Abu Dhabi

government

Focus on key customer

segments: Emirati, Mass,

SME, Wealth

Leverage product

innovation, analytics, and

alliances to create

differentiation

Investing for the future and

enhancing customer

experience through

technology and process

improvements

Positioning as Bank of

Choice for UAE Nationals

Manage National Housing

Loan program for Abu Dhabi

government

Manages FGB’s wholesale

funding activities and

liquidity, interest rate and

foreign exchange risk, and

proprietary investment

portfolio

Provides bespoke risk

management solutions to

the Bank’s clients across FX,

Interest Rate, Credit and

Commodity asset classes

Also provides client

investment solutions via

structured products, asset

management, equity

brokerage and margin

trading

Strong growth opportunities

providing an access point to

the global markets by

leveraging on strong

correspondent banking

relationships

Manages FGB’s wholesale

funding activities and

liquidity, interest rate and

foreign exchange risk, and

proprietary investment

portfolio

Provides bespoke risk

management solutions to

the Bank’s clients across FX,

Interest Rate, Credit and

Commodity asset classes

Also provides client

investment solutions via

structured products, asset

management, equity

brokerage and margin

trading

Strong growth opportunities

providing an access point to

the global markets by

leveraging on strong

correspondent banking

relationships

Subsidiaries: First Gulf

Libyan Bank, First Gulf

Properties, Aseel

Finance*, Dubai First**,

Mismak Properties, First

Merchant International,

Radman Properties

Associate companies:

First Gulf Financial

Services, Green Emirates

Properties

Head Office support units:

Audit, Financial Control,

HR, Operations, Strategy

and Planning, PMO,

Admin, IT, Legal, Risk

Management, Corporate

Communications

Subsidiaries: First Gulf

Libyan Bank, First Gulf

Properties, Aseel

Finance*, Dubai First**,

Mismak Properties, First

Merchant International,

Radman Properties

Associate companies:

First Gulf Financial

Services, Green Emirates

Properties

Head Office support units:

Audit, Financial Control,

HR, Operations, Strategy

and Planning, PMO,

Admin, IT, Legal, Risk

Management, Corporate

Communications

Incremental Revenue StreamsIncremental Revenue Streams

Wholesale Banking Consumer Banking Treasury & Global Markets Other

*Aseel Finance is a fully-owned subsidiary of FGB effective Q3’13** In June 13, FGB signed an agreement to acquire Dubai First; consolidation will be effective by year-end 2013

11/30


THREE-PILLAR STRATEGY

ORGANIC GROWTH OF

CORE BANKING ACTIVITIESSELECTIVE REGIONAL AND

INTERNATIONAL EXPANSIONSYNERGIES WITH

SUBSIDIARIES AND ASSOCIATES

Build deeper client

relationships, providing

solutions and high quality

service

Continue to target large

creditworthy UAE-based

customers

Develop and strengthen a

customer-centric approach

emphasizing on bespoke

service quality and product

range

Build deeper client

relationships, providing

solutions and high quality

service

Continue to target large

creditworthy UAE-based

customers

Develop and strengthen a

customer-centric approach

emphasizing on bespoke

service quality and product

range

Aseel Finance to provide

innovative Islamic products

to a broad base of customers

and businesses

Enhance fee income business

through property

management and equity

brokerage services

Specialized subsidiaries for

property development and

Private Equity

Aseel Finance to provide

innovative Islamic products

to a broad base of customers

and businesses

Enhance fee income business

through property

management and equity

brokerage services

Specialized subsidiaries for

property development and

Private Equity

Geographic diversification

through expansion of existing

operations and penetration in

key markets

Focus on trade and financial

flows through the UAE into

target international locations

Sourcing and distribution of

trade and financing

opportunities across the FGB

network

Geographic diversification

through expansion of existing

operations and penetration in

key markets

Focus on trade and financial

flows through the UAE into

target international locations

Sourcing and distribution of

trade and financing

opportunities across the FGB

network

11 22 33

OUR VISION:

TO BE A WORLD CLASS ORGANIZATION MAXIMIZING VALUE FOR ALL STAKEHOLDERS

OUR VISION:

TO BE A WORLD CLASS ORGANIZATION MAXIMIZING VALUE FOR ALL STAKEHOLDERS

12/30


KEY ACHIEVEMENTS

TOTAL ASSETS (USD BN) LOANS & ADVANCES (USD BN) CUSTOMER DEPOSITS (USD BN)

SHAREHOLDERS’ EQUITY (USD BN) COST-TO-INCOME RATIO (%) NET INTEREST MARGIN (%)

21.6

24.2

17.5 17.818.9 19.6

20.7

2007 2008 2009 2010 2011 2012 9M'13

2.7

3.1

3.73.6

3.83.7 3.7

2007 2008 2009 2010 2011 2012 9M'13

19.9

29.3

34.238.3

42.9

47.751.6

2007 2008 2009 2010 2011 2012 Sep'13

14.2

20.1

23.5

26.928.2

32.5

36.1

2007 2008 2009 2010 2011 2012 Sep'13

12.1

21.624.6

26.028.5

31.2

34.5

2007 2008 2009 2010 2011 2012 Sep'13

2.8

4.4

6.16.6

7.3

8.0 8.1

2007 2008 2009 2010 2011 2012 Sep'13

13/30


FGB VS. LOCAL PEER GROUP AS OF SEP’13

TOTAL ASSETS (USD BN) LOANS & ADVANCES (USD BN) CUSTOMER DEPOSITS (USD BN)

NET PROFIT (USD MN) RETURN ON AVERAGE EQUITY (%) RETURN ON AVERAGE ASSETS (%)

1.1

1.5

1.6

1.9

2.2

2.5

ENBD

NBAD

ADIB

ADCB

UNB

FGB

23.4

26.2

47.6

51.6

90.5

94.0

UNB

ADIB

ADCB

FGB

ENBD

NBAD

16.0

16.5

32.7

34.5

49.7

63.8

0.0 20.0 40.0 60.0 80.0

ADIB

UNB

ADCB

FGB

NBAD

ENBD

17.5

18.2

30.5

36.1

62.2

62.5

UNB

ADIB

ADCB

FGB

ENBD

NBAD

301

389

700

703

926

995

ADIB

UNB

ADCB

ENBD

FGB

NBAD

8.9

11.6

13.2

14.4

15.1

15.3

ENBD

ADIB

UNB

ADCB

NBAD

FGB

14/30





AgendaCONTENTS

15/30


Q3/9M’13 PERFORMANCE KEY HIGHLIGHTS

Q3’13 Net Profits at USD 324Mn (+2% QoQ; +13% YoY)

Record 9M’13 Net Profits at USD 926Mn (+13% YoY)

9M’13 Operating Income up 13.0% YoY to USD 1,619Mn

Highly competitive Cost-to-Income Ratio at 20.7%

NPL Ratio at 3.9% and Provision Coverage at 75.1%

Comfortable liquidity position with loans-to-deposits ratio at 95.7%; Strong capital

buffer with CAR at 19.3%

16/30


INCOME STATEMENT (USD MN) Q3’13 Q2’13 QOQ Q3’12 YOY 9M’13 9M’12 YOY

Net Interest and Islamic Financing Income 415.3 401.5 3.4% 382.4 8.6% 1,191.1 1,102.8 8.0%

Other Operating Income 143.5 147.9 (3.0%) 110.9 29.3% 427.6 330.2 29.5%

Operating Income 558.8 549.4 1.7% 493.3 13.3% 1,618.7 1,433.0 13.0%

G & A expenses -117.3 -113.3 3.5% -97.4 20.4% -335.8 -279.0 20.3%

Provisions/ Impairments -115.1 -113.9 1.0% -108.5 6.0% -346.9 -333.6 4.0%

Taxes -1.4 -3.6 (59.7%) -0.3 334.5% -6.4 -2.1 210.4%

Minority Interest -1.1 -0.9 23.1% 0.0 N.A. -3.3 0.0 N.A.

Net Income 323.9 317.7 2.0% 287.0 12.8% 926.3 818.3 13.2%

BALANCE SHEET (USD BN) SEPT’13 JUN’13 QOQ SEPT’12 YOY

Net Loans & Advances 34.5 33.5 3.1% 31.1 10.9%

Customer Deposits 36.1 33.7 7.0% 29.9 20.7%

Total Assets 51.6 49.8 3.6% 44.5 16.1%

Shareholders’ Equity 8.1 8.0 2.0% 7.7 5.3%

KEY RATIOS (%) 9M’13 H1’13 QOQ 9M’12 YOY

Cost-to-Income Ratio 20.7 20.6 13bps 19.5 127bps

Non-Performing Loan ratio 3.9 3.6 30bps 3.5 38bps

Provision Coverage 75.1 80.1 (505bps) 88.7 (1355bps)

Loan-to-Deposit Ratio 95.7 99.4 (364bps) 104.2 (846bps)

Return on Average Equity 15.3 15.2 9bps 14.6 72bps

Return on Average Assets 2.5 2.5 2bps 2.5 (1bps)

Capital Adequacy Ratio 19.3 18.8 47bps 22.4 (305bps)

SUMMARY FINANCIALS

17/30


ASSET MIX AND LENDING ACTIVITY

Loan book added USD 1.0Bn during the quarter

(+3.1%) reaching USD 34.5Bn as of September-

end 2013

At 10.7%, YTD loan book growth already exceeded

our initial FY target of 10%

September-end 2013 liquid assets ratio improved

to 18.2% from 11.6% a year earlier

Loan book added USD 1.0Bn during the quarter

(+3.1%) reaching USD 34.5Bn as of September-

end 2013

At 10.7%, YTD loan book growth already exceeded

our initial FY target of 10%

September-end 2013 liquid assets ratio improved

to 18.2% from 11.6% a year earlier

+3.1%+10.7%

+10.9%

HIGHLIGHTS LOAN BOOK TREND (USD BN)

ASSET MIX LOAN BOOK BREAKDOWN BY SECTOR

SEP’12 SEP’13

Liquid Assets12%

Loans &Advances

70%

Investments11%

Inv.Properties

5%

Other2%

Share financing1%

Personal - others3%

Personal - retail36%

Real Estate14%

Services18%

Public Sector11%

Trading7%

Construction4%

Manufacturing3%

Energy1% Agriculture

1%

Liquid Assets18%

Loans &Advances

67%

Investments9%

Inv.Properties

4%

Other2%

18/30

31.1 31.232.1

33.534.5

Sep'12 Dec'12 Mar'13 Jun'13 Sep'13


29.9

32.5 32.433.7

36.1


LIQUIDITY

+7.0%

+11.1%+20.7%

Customer Deposits added USD 2.4Bn during the

quarter (+7.0%) to USD 36.1Bn; this reflects the

ample liquidity available in the UAE banking sector

Loan-to-deposit ratio stood at 95.7%; regulatory

Advances-to-Deposits ratio at 80.1% remained well

below CB cap of 100%

Customer Deposits added USD 2.4Bn during the

quarter (+7.0%) to USD 36.1Bn; this reflects the

ample liquidity available in the UAE banking sector

Loan-to-deposit ratio stood at 95.7%; regulatory

Advances-to-Deposits ratio at 80.1% remained well

below CB cap of 100%

HIGHLIGHTS CUSTOMER DEPOSITS TREND (USD BN)

LIQUIDITY RATIOS (%) DEPOSITS BY SECTOR

Government &Public Sector

47%

Corporate36%

Retail14%

InternationalDivision

3%

104.2

96.198.9 99.4

95.7

86.3

76.2

81.9 83.380.1


L/D ratio Regulatory Advances-to-Deposits Ratio

19/30


-

350

1,0111,080

1,150

103

2013 2014 2015 2016 2017 2023

Customer deposits remain FGB’s main source of

funding

The Bank intends to continue diversifying the

funding mix in order to improve maturities and

optimize costs

3 new issuances were completed during Q3’13 :

• two 10-year bonds of HKD 400Mn (USD 52Mn)

each @ 4.18% pa

• 3-year JPY 4.7Bn (USD 48Mn) bonds @ 1.0% pa

Customer deposits remain FGB’s main source of

funding

The Bank intends to continue diversifying the

funding mix in order to improve maturities and

optimize costs

3 new issuances were completed during Q3’13 :

• two 10-year bonds of HKD 400Mn (USD 52Mn)

each @ 4.18% pa

• 3-year JPY 4.7Bn (USD 48Mn) bonds @ 1.0% pa

FUNDING MIX

HIGHLIGHTS LIABILITY MIX

WHOLESALE FUNDING (USD MN) MATURITIES (1) (USD MN)

SEP’12 SEP’13

*Includes Tier 2 MoF deposits (repaid in full in March 2013)

SEP’13

Syndicated loan 900

Bank loans 400

EMTN 801

Medium term bonds 443

Repurchase agreements 125

Sukuk 1,150

Total 3,819

Customerdeposits

67%

Due to Banks3%

Borrowings, EMTN,Sukuk*10%

Other3%

Equity17%

Customerdeposits

70%

Due to Banks5%

Borrowings, EMTN,Sukuk*

7% Other2%

Equity16%

(1) Excluding long term repos for USD 125Mn

20/30


22% 27% 27% 27% 26%

78%73%

73%73% 74%

Q3'12 Q4'12 Q1'13 Q2'13 Q3'13

Net Interest and Islamic Financing IncomeOther Income (inc. share of profit from assoc.)

559

493546 510

549

REVENUES AND COST EFFICIENCY

Operating income increased 13.0% YoY toUSD 1,619Mn

Key operating income movements over the periodincluded:

USD 88Mn addition in Net Interest andIslamic Financing income driven by volumesgrowth and NIMs improvement

Solid increase in fee revenues by USD 64Mn

Cost-to-income ratio remained highly competitiveat 20.7% against 19.5% in 9M’12

Operating income increased 13.0% YoY toUSD 1,619Mn

Key operating income movements over the periodincluded:

USD 88Mn addition in Net Interest andIslamic Financing income driven by volumesgrowth and NIMs improvement

Solid increase in fee revenues by USD 64Mn

Cost-to-income ratio remained highly competitiveat 20.7% against 19.5% in 9M’12

HIGHLIGHTS KEY MOVEMENTS IN OPERATING INCOME (USD MN)

OPERATING INCOME QOQ TREND (USD MN)

(1) YTD Annualized(2) YTD

NET INTEREST MARGINS (%) (1) COST-TO-INCOME RATIO (%) (2)

19.5

19.6

20.6 20.6 20.7

9M'12 FY12 Q1'13 H1'13 9M'13

3.71 3.70

3.583.62

3.68

9M'12 FY'12 Q1'13 H1'13 9M'13

21/30

1,433

88 20 64 15 (3) 2

1,619

9M

'12

NetIn

tere

stand

Isla

mic

Fin

ancin

gIn

com

e

Investm

entIn

com

e

Fees

and

com

mis

sio

ns

Pro

pert

yand

renta

lin

com

e

Oth

er

incom

e

Share

ofpro

fits

from

associa

tes 9

M'1

3


CREDIT QUALITY

(1) YTD Annualized

NPL ratio moved from 3.6% to 3.9% sequentially.

This is reflecting the impact of full consolidation of

Aseel Finance during the period as well as

additional downgrades in the corporate book

Provision coverage stood at 75.1% and 9M’13 net

cost of risk landed at 1.30%

General Provisions represent 1.1% of CRWA as of

September-end 2013

NPL ratio moved from 3.6% to 3.9% sequentially.

This is reflecting the impact of full consolidation of

Aseel Finance during the period as well as

additional downgrades in the corporate book

Provision coverage stood at 75.1% and 9M’13 net

cost of risk landed at 1.30%

General Provisions represent 1.1% of CRWA as of

September-end 2013

HIGHLIGHTS NPL RATIO AND PROVISION COVERAGE (%)

COST OF RISK (1) (%)

9M’13 H1’13 QOQ 9M’12 YOY

NPLs (2) 1,391 1,245 11.7% 1,133 22.8%

Provisions 1,045 998 4.7% 1,004 4.0%

Specific 591 575 2.8% 603 (2.0%)

General 454 423 7.2% 402 13.0%

NPLS AND PROVISIONS (USD MN)

3.5

3.33.2

3.6

3.9

88.7 96.1101.8

80.175.1

-50.0

-30.0

-10.0

10.0

30.0

50.0

70.0

90.0

110.0

2.0

2.5

3.0

3.5

4.0

4.5

9M'12 2012 Q1'13 H1'13 9M'13

NPL ratio Provision Coverage

1.381.40

1.42

1.34

1.30

9M'12 2012 Q1'13 H1'13 9M'13

(2) NPLs include exposure to Dubai Holding of USD 166Mn as of Sep’13

22/30


CAPITAL STRENGTH

FGB enjoys a strong capital buffer providing it with

ample room for future growth: Sep’13 Tier 1

capital was at 19.3% vs. 8% CB requirement

Government loan of USD 1.2Bn (AED 4.5Bn) was

fully repaid in March 2013

The Bank targets a medium term Tier 1 ratio of

15%

FGB enjoys a strong capital buffer providing it with

ample room for future growth: Sep’13 Tier 1

capital was at 19.3% vs. 8% CB requirement

Government loan of USD 1.2Bn (AED 4.5Bn) was

fully repaid in March 2013

The Bank targets a medium term Tier 1 ratio of

15%

HIGHLIGHTS CAPITAL ADEQUACY RATIO (%)

CAPITAL BASE (USD BN) RISK WEIGHTED ASSETS(1) (USD BN)

22.421.3

19.0 18.8 19.319.818.8 19.0 19.0 19.3


Capital Adequacy Ratio Tier 1 Capital Ratio

(1) As per Basel II

23/30

7.67.3 7.6

7.98.2

1.1 1.1 0.1 0.1 0.1


Tier 1 Capital Tier 2 Capital

41.0 41.4 40.9

42.8

44.7



BUSINESS SEGMENT CONTRIBUTIONS

HIGHLIGHTS TOTAL ASSETS (USD BN)

OPERATING INCOME (USD MN) NET PROFIT (USD MN)

Wholesale and Consumer Banking represent 44%

and 24% of total assets respectively in Q3’13;

generating a combined 83% of revenues and 88%

of net profit over 9M’13

Treasury & Investments’ contributions to operating

income and net profit stood at 13% and 21%

respectively

Wholesale and Consumer Banking represent 44%

and 24% of total assets respectively in Q3’13;

generating a combined 83% of revenues and 88%

of net profit over 9M’13

Treasury & Investments’ contributions to operating

income and net profit stood at 13% and 21%

respectively

24/30

46% 44% 44%

25% 24%24%

21%26%

25%5%5%

5%

4%2%

2%

Sep'12 Dec'12 Sep'13

Other

Real Estate activities

Treasury&Investments

Consumer Banking

Wholesale Banking

44.5

51.6

47.7

42% 41%

41%

42%

12%

13%2%

3%

3%

1%

9M'12 9M'13

Other



Consumer Banking

Wholesale Banking

1,433

1,619

47%49%

43%39%

19%

21%3%

4%

(12%) (13%)9M'12 9M'13

Other



Consumer Banking

Wholesale Banking

818

926


Government& PublicSector15%

Abu DhabiPrivateSector47%

DubaiPrivateSector16%

Other UAEPrivateSector

4%

Non UAE-based

Corporates18%

WHOLESALE BANKING

HIGHLIGHTS

NET PROFIT (USD MN)

Wholesale Banking assets grew

8.5% year-to-date to USD 22.6Bn

as of September-end 2013

9M’13 operating income was

recorded at USD 669Mn, up 11.9%

YoY

9M’13 net profits grew 17.3% YoY

to USD 451Mn

Wholesale Banking assets grew



9M’13 operating income was

recorded at USD 669Mn, up 11.9%

YoY


to USD 451Mn

WHOLESALE GROSS LOAN PORTFOLIO (SEP’13)

ASSETS (USD BN) OPERATING INCOME (USD MN)

+8.5% +11.9%

+11.1%

+17.3%

25/30

20.420.9

22.6


598

669

9M'12 9M'13

384

451

9M'12 9M'13


PersonalLoans44%

Abu DhabiGovernment

NationalHousingLoans32%

CreditCards8%

OtherMortgage

Loans4%

IslamicFinancing

2%

Others*9%

CONSUMER BANKING

HIGHLIGHTS

NET PROFIT (USD MN)

Consumer Banking assets increased



9M’13 operating income improved

14.4% compared with 9M’12

9M’13 net profits at USD 363Mn

were 2.3% higher than the same

period last year

Consumer Banking assets increased



9M’13 operating income improved

14.4% compared with 9M’12

9M’13 net profits at USD 363Mn

were 2.3% higher than the same

period last year

CONSUMER GROSS LOAN PORTFOLIO (SEP’13)


+9.5%

+11.9%

+14.4%

+2.3%

*Others include SME loans, overdrafts and auto loans

26/30

11.011.2

12.3


594

680

9M'12 9M'13

355363

9M'12 9M'13


171

210

9M'12 9M'13

TREASURY AND INVESTMENTS

HIGHLIGHTS

NET PROFIT (USD MN)

ASSETS (USD BN)

Treasury and Investments’ assets

increased by 40.2% YoY to reach

USD 13.0Bn by September-end

2013

9M’13 operating income expanded

22.7% YoY to USD 210Mn


to USD 194Mn

Treasury and Investments’ assets

increased by 40.2% YoY to reach

USD 13.0Bn by September-end

2013

9M’13 operating income expanded



to USD 194Mn

TREASURY AND INVESTMENTS PORTFOLIO (SEP’13)

OPERATING INCOME (USD MN)

+22.7%+6.4%

+40.2%

LiquidAssets64%

Other FixedIncomeBonds30%

USTreasury

Bills0%

Funds &Equities

4%

Others2%

27/30

9.2

12.213.0


158

194

9M'12 9M'13

+22.9%


Land in AbuDhabi27%

Dev.Propertiesin Abu Dhabi

37%

Land in Dubai5%

Dev.Properties in

Dubai9%

PropertiesGenerating

Rental Income22%

REAL ESTATE ACTIVITIES

HIGHLIGHTS

NE PROFIT (USD MN)

Real Estate assets landed at

USD 2.6Bn in September 2013, up

13.5% YoY

9M’13 operating income grew


9M’13 net profits improved 70.3%

YoY to USD 35Mn

Real Estate assets landed at

USD 2.6Bn in September 2013, up

13.5% YoY

9M’13 operating income grew


9M’13 net profits improved 70.3%

YoY to USD 35Mn

INVESTMENT PROPERTIES PORTFOLIO(1) (SEP’13)

+0.7%

+70.3%


+13.5%

+53.6%

(1) Investment properties totaled USD 2.2Bn as of Sep’13

28/30

2.3

2.6 2.6


28

43

9M'12 9M'13

21

35

9M'12 9M'13


OUTLOOK

MACRO

GROWTH

NIMS

ASSET

QUALITY

PROFITABILITY

UAE Real GDP growth expected at 4.0% in 2013 and 3.9% in 2014 according tolatest IMF statistics; UAE non-oil economy to further strengthen in the medium term

Upward revision of FY13 loan growth target to 13-14% from 10% previously

Mild pressure expected over the coming quarters

NPL ratio within 3.5%-4% and provision coverage >80% by 2013-end

FY13 RoAE target at 15%; Medium Term RoAE target at 18%

29/30


This presentation provides information in summary form only and is not intended to be complete. It is not intended to be reliedupon as advice to investors or potential investors and does not take into account the investment objectives, financial situationor needs of any particular investor.

No presentation ,express or implied, is made as to the fairness, accuracy, completeness or correctness of informationcontained in this presentation, including the accuracy, likelihood of achievement or reasonableness of any forecasts, prospects,synergies, returns, benefits or statements in relation to future matters contained in the presentation.

The forward-looking statements are by their nature subject to significant uncertainties and contingencies and are based onnumbers or estimates or assumptions that are subject to change (and in many cases are outside the control of FGB and itsdirectors) which may cause the actual results or performance of FGB to be materially different from any future results orperformance expressed or implied by such forward looking statements.

To the maximum extent permitted by law, FGB disclaims any responsibility for the accuracy or completeness of anyinformation contained in this presentation including any forward-looking statements and disclaims any responsibility to updateor revise any information or forward-looking statement to reflect any change in FGB’s financial condition, status or affairs orany change in the events, conditions or circumstances on which a statement is based.

To the maximum extent permitted by law, neither FGB nor its related bodies corporate, directors, employees or agents, norany other person, accepts any liability, including, without limitation, any liability arising from fault or negligence, for any direct,indirect or consequential loss arising from the use of this presentation or its contents or otherwise arising in connection with it.

This presentation should be read in conjunction with other publicity available material. Further information including historicalresults and a description of the activities of FGB is available on our website, www.fgb.ae

DISCLAIMER

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