FirstBank H1'11 Investor & Analyst Presentation slide image

FirstBank H1'11 Investor & Analyst Presentation

Operating Environment Highlights Risk Mgt & Corporate Governance Financial Review Strategy & Transformation We continue to increase the level of granularity of our business model; each of the five Bank strategic business units has several key priorities that are integral to attaining our 2013 objectives Institutional Banking Group Grow lending in right portfolio mix/concentration Ensure linkage of lending to transaction banking / fee sources (e.g., cash mgt, trade finance, risk products) Leverage value chains of institutional clients Deepen capabilities for growth sectors (e.g., infrastructure) Corporate Banking Group Manage risk with large clients and drive fee income through payments, account turnover, trade finance etc Private Banking Group Establish a leading relationship team and robust back-end operating system (people, processes, tools) to ensure exceptional service levels Drive customer acquisition and contribution to FirstBank group with defined referral management system and Group cross-sell incentives Drive transaction and fee income via investment products/AUM and interest income via credit cards and mortgages (onshore/offshore) Institutional Clients HNI* Federal Government Grow small ticket lending at right price to large number of Corporate Clients Affluent corporate customers Establish strong acquisition pipeline for new/referred corporate customers Small and Medium Enterprises Mass Market Summary & Outlook Optimise relationship manager coverage/deployment model but manage cost for sales and service across the diverse segment High net worth individuals Business FirstBank H1'11 Investor & Analyst Presentation - 27/07/2011 Individuals Retail Banking Group State Government Local Government FirstBank Since 1894 Public Sector Banking Group Target revenue/expenditure accounts (e.g., FAAC) in wealthiest states and business in key MDAs Drive value-added services (e.g., collections, payment services) Optimise lending within regulatory limits and extend via PPP participation and other Group offerings (e.g., IBAM state bond issues) Government Retail Banking Group Continue to generate low cost stable funding via current/svgs deposit mobilisation Make significant strides in acquiring affluent and small business customers as well as the youth Expand consumer and small business credit (secured lending, cards) Align sales and service costs to value of customers Establish strong mobile money offering 28
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