Investor Presentaiton
Financial Review
Robust non-interest income revenues on the back of increased transaction volume
Non-interest Income Breakdown Net (N'bn)
Fees & Commission Breakdown Gross (N'bn)
.
Fees & commission recorded a +27.2% increase y-
o-y in Q1 23 (FY 22: +2.4%)
-37.6%
+2.4%
•
FY 22 non-interest income fell by 37.6% y-o-y to
#227.2 billion due to lower trading and a decline
in other income [2021 benefited from high
recoveries]
Q1 23 non-interest income rose by 11.8% y-o-y to
#72.3 billion as a result of higher net fees &
commission as well as slight increase in other
income
Increasing penetration of digital and transaction
banking offerings support non-interest income,
notably in Q1
140.6
144.0
364.3
27.3
30.2
227.2
12.7
6.8
155.7
11.8
16.0
15.7
16.0
92.0
116.6
25.7
83.5
118.0
16.7
19.9
56.4
55.1
FY 21
FY 22
FY 21
Net fees & commission
Trading income
Others (1)
■E-banking
Remittances
| LoC commission & fees
FY 22
Account Maintenance
Credit related fees
Others (2)
+11.8%
+27.0%
•
FirstMonie Agent network continues market
expansion with more than >200k (3) agents (FY 21:
152.7k)
64.7
23
42.8
72.3
33.7
28
6.5
34.3
3.1
6.3
35.1
4.0
5.2
4.1
35.3
17.9
27.3
12.2
Q1 22
Q1 23
Net fees & commission
Trading income
Others (1)
(1)Others include dividend income and other operating income
(2) Others include commission on bonds and guarantees, custodian fees, financial advisory fees, fund management fees,
brokerage and Intermediations, other fees and commissions, trust fee income
(3) As at 31 March 2023
E-banking
Q1 22
LoC commission & fees
Remittances
Q1 23
Account Maintence
Credit related fees
Others (2)
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