Sterling Bank National Branch Network slide image

Sterling Bank National Branch Network

Strategic Priorities Short-term (2010-2012) ■ Equity Injection - Minimum US$100mn excl. organic accretion ■ Tap wholesale markets for debt to improve efficiency of capital structure ■ Double asset market share primarily through organic growth in local corporate loan book ■ Work to bring NPL levels to <10% ■ Improve liability generation through the expansion of retail distribution footprint ■> 20% Return on Equity Long-term (2015+) ■ Globally competitive financial services franchise ■ Fully scaled business model with institutionalized processes beyond the stewardship of current owners and managers ■ Systemically important operator materially impacting all our sectors of business participation 80 2010 2011 2012 2013 2014 2015 Mid-term (2013-2015) 3-5% market share measured by assets ■ Leading consumer banking franchise (bank of choice for customers in our target markets) ■Low single digit cost of funds ■ Diverse retail funding base ■ <5% in non-performing loans ■ Diversified income streams with top quartile position in all our operating areas ■ Investment grade credit rating ■ Double digit revenue growth Y-o-Y 1. Sterling Bank The one-customer bank.
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