Investor Presentaiton
Key Trends and Challenges
Despite Bayport Savings and Loans' (Ghana) tangible progress in many areas of the business, an improvement in growth,
profitability and digitisation is a key focus for the business in the next 12-18 months
1
Loan book growth has been acceptable and close to the budgeted figures. Growth impeded by small loan size
2
OPEX has been decreasing (excluding exceptional items/once-off items) Y-o-Y and will continue to do so through:
3
5
.
Self origination on direct opex and
•
Digitisation and right-sizing exercise on indirect opex
Cost of funds has been relatively flat in 2019 but has been high relative to the market
Drop in yield and expected increase in cost of funds has pressured NIMs
Central Bank's clean up of the Savings and Loans sector in 2018/2019 has meant limited and more expensive liquidity in the local
bond market
Strictly Private & Confidential
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