FirstBank FY'10 & Q1'11 Investor & Analyst Presentation
Operating
Environment
Highlights
Financial
Review
Risk Mgt &
Corporate
Governance
Summary &
Strategy &
Transformation
Outlook
We have continued to maintain a strong and stable funding base, with
deposit liabilities providing 63% of balance sheet funding, whilst
continually improving the mix of deposits
Balance sheet structure as at Mar 11 (N'bn)
2,496
131
131
Other Assets 5% [5%]
Managed Funds 1% [2%]
Investments 19% [16%]
472
Deposit (N'bn)
FirstBank
Since 1894
2,496
Other Liabilities 7% [6%]
Bank
183
115
Other Borrowings 5% [5%]
Subsidiaries
1,550
1,582
1,407
243
Due to Other Banks 10% ([%]
1,347
110
67
1,427
113
184
1,451
120
195
Treasury Bills 1% [1%]
36
Inter Bank & Cash 22%
32
559
[27%]
341
Short Term Liabilities 1% [4%]
Capital & Reserves 14% [15%]
[ ] Dec 2010
Assets
Liabilities
Loans & Advances 51%
Deposits 63% ([3%]
[50%]
1,264
1,582
1,340
1,237
1,314
1,367
1,331
1,388
Deposit mix by type
Current deposits Savings deposits Term deposits Domiciliary deposit
Dec-09
Mar-10
Jun-10
Sep-10
Dec-10
Mar-11
Deposits by maturity
0-30 days
1-3 months
3-6 months
6-12 months
Over 12 months
8.8%
8.8%
13.7%
15.2%
12.2%
12.1%
9.2%
8.5%
9.2%
10.2%
9.6%
10.1%
9.1%
15.0%
16.0%
24.9%
31.5%
18.9%
16.0%
19.0%
18.0%
16.3%
16.6%
17.4%
25.0%
13.9%
14.1%
14.0%
14.8%
15.6%
27.5%
19.7%
29.1%
28.0%
26.7%
27.3%
25.4%
21.3%
24.1%
23.4%
22.9%
22.8%
FirstBank FY'10 & Q1'11 Investor & Analyst Presentation - 28/04/2011
40.0%
38.8%
38.2%
40.8%
42.0%
42.6%
35.4%
37.2%
36.6%
36.1%
36.1%
34.0%
Dec-09
Mar-10
Jun-10
Sep-10
Dec-10
Mar-11
Dec-09
Mar-10
Jun-10
Sep-10
Dec-10
Mar-11
14View entire presentation