Fidelity Bank Financial Overview
Loan Book Analysis
▸ Net loans and advances increased by 24.2% YoY (down
1.5% QoQ) to N718.1 billion with the devaluation of naira
accounting for 19.2% (N110.9bn) of the loan growth.
▸ Excluding devaluation, real loan growth was 5.0%% YoY,
while it declined by 0.6% QoQ as we remained cautious
due to the weaker operating and macro-economic
environment.
▸ FCY loans now constitute about 44.4% of loans from 40.4%
in 2015 FY largely on account of naira devaluation.
Total Loans by Type - 2015 FY
I
Net Loans and Advances to Customers
N'billion
729.0
I
711.1
718.1
578.2
590.1
89.9
118.2
110.9
221.0
233.8
224.6
212.0
208.1
I
344.4
365.6
400.2
398.8
399.1
I
I
I
2015 FY
Q1 2016
H1 2016
9M 2016
2016 FY
■LCY Loans
■FCY Loans
■Devaluation Impact
Total Loans by Type - 2016 FY
Lease Finances,
3.8%
Other Finances,
0.4%
Overdrafts,
13.1%
Lease Finances,
3.8%
Other Finances,
0.2%
Term Loans,
82.7%
33
Term Loans,
87.0%
Overdrafts,
9.0%
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