GTCO Financial Results

Risk Asset Mix " Well diversified loan book with specific focus on quality risk assets across all our select business segments. Reduced exposure to the manufacturing sector was largely driven by scheduled paydowns and the slow recovery from significant disruptions caused by the impact of the Covid-19 Pandemic on businesses in this sector. Proportional mix of Oil & Gas to the entire portfolio also reduced due to conscious effort at reducing the concentration risk within this Sector. 93% of the exposures in the Oil & Gas sector are USD denominated The total restructured loans stood at N251.95billion constituting 17.9% of the gross loan portfolio. 80.2% of the restructured loans relates to two (2) Obligors. Gross Loans by Industry Upstream Oil and Gas Manufacturing December 31, 2021 28% 14% Midstream Oil and Gas 14% Individual 12% Information, Telecoms. and Transport. 8% Government 4% Others* 5% Agriculture 7% Capital Market and Fin. Institutions 3% General Commerce 2% Construction and Real Estate 2% Downstream Oil and Gas Education 0.5% 0.5% * Includes Fashion & Design, Religious Organizations, Hospitality, Clubs, co-operative societies, Unions, Engineering services etc. December 31, 2020 29% 19% 14% 11% 7% 5% 3% 1% 4% 3% 2% 1% 1% 22 22

View entire presentation