Investor Presentaiton
Consolidating Earnings and Profitability Contd.
■ Net Interest Margin - NIM contracted from 7.9% in 2020
to 6.7% in 2021 due to lower yields on HTM investment
securities.
Cost of Funds & Net Interest Margin
8.9%
8.9%
8.2%
7.9%
6.7%
■ Cost of Funds declined to 1.5% in 2021 from 2.1%
recorded in 2020 as a result of strategic rebalancing of
our funding base.
5.2%
JJJJJ
3.1%
3.0%
2.1%
1.5%
2017
2018
2019
2020
2021
■ Cost-to-Income Ratio increased marginally from 50.0%
in 2020 to 50.8% recorded in 2021 due to inflationary
pressures, exchange rate movement and heightened.
regulatory costs.
Cost to Income Ratio
52.8%
49.3%
50.8%
48.8%
50.0%
2017
2018
2019
2020
2021
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