Investor Presentaiton
Solid retail franchise continues to support liquidity
Customer deposits increased by 3.7% to #5.1
trillion (FY 20: #4.9 trillion)
Customer Deposits Mix (N'bn)
Liquidity position further supported by increased
agent banking and e-banking growth
H1 21
1,781
.
Retail banking remains key driver of deposit
growth with low-cost deposits at 91.7% of total
deposits (FY 20: 91.4%) in First Bank Nigeria
FY 20
1,791
Strong access to funding with an unwavering
support from market counterparts
First Bank of Nigeria Low-cost deposits (1)
Financial Review
1,593
1,037
653
13 5,078
1,507
939
645
13 4,895
■Savings
Current
Term
Domiciliary
Electronic purse
91.4%
91.7%
83.3%
82.9%
85.0%
86.5%
FY 16
FY 17
FY 18
FY 19
FY 20
H1 21
(1) Deposits from customers minus Term deposits
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