Investor Presentaiton
Revamped risk management strengthens the high-quality loan portfolio
FirstBank Nigeria Loan Currency Mix
FirstBank Nigeria Gross Loan per Sector ('trillion)
Financial Review
Q1 23
20.0%
3.6
17.1%
10.0%
8.7%
8.3% 4.0%.4% 6.1%
23.4%
50.4% 47.3%
54.2% 52.1% 54.3%
51.2% 50.4%
FY 22
3.4
19.5%
16.6%
9.2%
9.2%
8.2%
4.4% 2.4%5.7%
24.8%
49.6% 52.7%
45.8% 47.9% 45.7%
48.8% 49.6%
FY 21
18.2%
15.8%
10.3%
7.0%
9.5%
5.9% 4.1% 4.4%
24.8%
2.6
FY 17 FY 18 FY 19
FY 20
FY 21
FY 22 Q1 23
FCYLCY
■Manufacturing O&G Upstream O&G Downstream
O&G Services ■Government Construction
Real Estate
ICT
■Others (1)
•
The Group's net customer loans increased by
31.5% as at FY 22 to 3.8 trillion (FY 21: #2.9
trillion)
FBNQuest Merchant Bank Gross Loan per Sector (N'billion)
Q1 23
40.2%
10.2% 3.0%
14.9%
6.5% 3.6%
21.6%
102.1
•
Loan growth driven by manufacturing, telecoms,
oil & gas and general commerce sectors
FY 22
38.2%
10.7% 8.4%
13.8%
2.28.3%
28.4%
108.2
•
Quality of the portfolio secured in a devaluation
FY 21
33.1%
79.1
19.1%
9.8%
6.4% 3.6% 4.9%
23.1%
event given no cross-currency exposures
•
Minimal impairment impact of #5.9 billion on
account of Ghana Government exposures
(2)
■Manufacturing
■O&G Upstream
Real Estate
O&G Downstream
ІСТ
Natural Gas
Others
(1) Personal & Professional, Power & Energy, General, General commerce, Public utilities, Agriculture, Transportation, Finance & Insurance,
Education, Human health & Arts, Admin & Support Services
(2) Agriculture, Power & Energy, Finance & Insurance, General, General commerce, Transportation & Storage, Mining & Quarrying
18
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