2020 Financial Highlights

Funding Base Analysis N'million 2019FY 2020FY VAR % VAR Funding Structure: 2019FY Demand Deposits 691,610 883,300 191,690 27.7% Debt, 9% Funding Structure: 2020FY Equity, 12% Debt, 6% Equity, 11% Savings Deposits Tenor Deposits 275,219 424,384 258,384 391,342 149,165 54.2% 132,958 51.5% Other Borrowings On-Lending Demand, 35% 76,308 250,139 308,097 99,055 22,747 29.8% Demand, 35% On-lending, 13% 57,958 23.2% On-lending, 12% Debt Securities 175,278 161,916 (13,362) -7.6% Savings, 14% Savings, 17% Equity Total 234,030 273,533 1,960,968 2,541,627 39,503 16.9% 580,659 29.6% Other Borrowings, 4% Time, 13% Other Borrowings, 4% Time, 15% N'million Q1 2020 H1 2020 9M 2020 2020FY Funding Structure: Q3 2020 Funding Structure: Q4 2020 Demand Deposits 734,787 706,356 Savings Deposits 312,109 363,920 Tenor Deposits 305,366 Other Borrowings On-Lending 50,478 252,174 Debt Securities Equity Total 335,669 75,788 255,996 191,383 186,085 191,590 242,384 250,689 262,174 273,533 2,088,682 2,174,503 2,332,289 2,541,627 763,743 883,300 385,080 424,384 349,596 391,342 73,295 99,055 On-lending, 13% 306,810 308,097 161,916 Debt, 8% Equity, 11% Debt, 6% Equity, 11% Demand, 33% Demand, 35% On-lending, 12% Savings, 17% Savings, 17% Other Borrowings, 3% Time, 15% Other Borrowings, 4% Time, 15% www.fidelitybank.ng Total funding base was boosted by 38.7% growth in total deposits: Total deposits now represents 66.8% of total funding base (2019FY: 62.5%) and 74.9% of interest-bearing liabilities (2019FY: 70.9%). Drop in debt securities in Q4 was due to the repayment of N30bn Tier II Bonds in mid - Nov 2020. 22 22

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