Fidelity Bank Financial Overview
Retail Banking Analysis (Personal Banking)
▸ Savings deposits grew by 30.1% YoY which contributed
significantly to the decline in our funding cost.
Savings Deposits Trend
N'billion
► The growth was as a result of the disciplined execution of
our retail banking strategy and improved cross-selling of
our e-banking products.
155.0
143.4
135.1
138.1
119.1
► Retail low cost deposits grew by 17.8% YoY (5.2% QoQ)
► Consumer loans declined 13.3% YoY as we continued to
de-risk the portfolio in view of rising NPL concerns due to
lower consumer disposable income.
N'billion
Retail Low Cost Deposits
237.2
217.2
220.3
225.5
201.3
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2015 FY
Q1 2016
H1 2016
9M 2016
2016 FY
Retail Assets Trend
N'billion
66.0
58.2
55.4
57.6
57.2
2015 FY
Q1 2016
H1 2016
9M 2016
2016 FY
2015 FY
Q1 2016
H1 2016
9M 2016
2016 FY
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