Financial Highlights and Growth Trends
Liquid Assets
N'B
14%
198.8
174.8
-4%
75%
27%
72.8
63.6
61.3
59.3
157.4
33.9
Cash & balances
with CBN
Placements
Investment Securities Split
Pledged assets
Investment
securities
■ Dec 2012
Jun 2013
1.1%
3.2%
9.6%
Dec
2012
Jun
2013
4.6%
☐
Comments
Liquid assets accounted for
57% of total assets and
stood at N392.3bn as at
Jun. 2013
Investment securities (TBS &
Bonds) accounted for 51%
of liquid assets
Pledged assets accounting
for 19% of liquid assets
represent collateral for
clearing activities, facilities
from Citibank and Bank of
Industry, and letters of
credit transactions
O Cash reserve requirements
accounted for 89% of cash
& balances with the CBN
89.2%
92.2%
Held for trading
Available for sale
Held to maturity
Sterling Bank
The one-customer bank.View entire presentation