Fidelity Bank Financial Overview

E-Banking Income Analysis ▸ E-banking income was up by 41.3% YoY largely driven by increased international card transaction fees in H1 2016. ► However, the restriction on international card usage in Jun 2016 resulted in a 69.0% drop in Q3. ▸ Despite the restriction, e-banking income increased by 14.6% (NO.22bn) in Q4 as more customers adopt our flagship products and ATM reliability increased our fees. ▸ We still see significant scope for improving e-banking revenues from our flagship and traditional products e.g. *770# Instant Banking, Online Banking and ATMs. Net Earnings to Total Revenue E-Banking Profit Margin N'billion 3.08 N'billion 83.0% 78.8% 81.1% Quarterly Revenue Trend 2.62 4.85 1.72 1.50 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 2.24 Quarterly Revenue Growth 2.23 -0.46 -3.35 0.22 46.1% 35.8% Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 20 20 www.fidelitybank.ng

View entire presentation