COVID-19 Impact and Financial Review

CBN Forbearance: Scenario Analysis Breakdown of CBN Forbearance N'million Total Loans Base Moderate Worst Base Moderate Worst Communication 31,521 2,287 4,573 6,860 7.3% 14.5% 21.8% Oil and Gas 309,576 73,428 146,855 220,283 23.7% 47.4% 71.2% - Upstream Downstream 145,864 46,581 93,162 139,742 31.9% 63.9% 95.8% 88,587 10,638 21,276 31,914 12.0% 24.0% 36.0% Services 75,126 16,209 32,417 48,626 21.6% 43.2% 64.7% Power 127,925 42,110 84,219 126,329 32.9% 65.8% 98.8% Manufacturing 209,632 46,699 93,399 140,098 22.3% 44.6% 66.8% General Commerce 115,244 22,718 45,436 68,154 19.7% 39.4% 59.1% Transport 144,476 46,447 92,895 139,342 32.1% 64.3% 96.4% Consumer 51,197 476 951 1,427 0.9% 1.9% 2.8% Government Construction 137,442 45,542 91,084 136,626 33.1% 66.3% 99.4% 37,000 12,261 24,523 36,784 33.1% 66.3% 99.4% Agriculture 37,896 9,774 19,549 29,323 25.8% 51.6% 77.4% Real Estate 26,508 8,634 17,267 25,901 32.6% 65.1% 97.7% Education 5,644 604 1,208 1,812 10.7% 21.4% 32.1% Finance & Insurance 1,743 109 218 327 6.3% 12.5% 18.8% Others 31,483 8,881 17,761 26,642 28.2% 56.4% 84.6% Total 1,267,289 319,969 639,938 959,907 25.2% 50.5% 75.7% We modelled for the scenarios above by considering any change in the 4 parameters below for each obligor in the Loan book: Interest Rate Review | Tenor Extension | Principal Moratorium | Interest Moratorium 29 www.fidelitybank.ng

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