FirstBank FY'10 & Q1'11 Investor & Analyst Presentation
Environment
Operating
Highlights
Summary &
Transformation
Strategy &
Outlook
Risk Mgt &
Corporate
Governance
Financial
Review
.with Loan book well diversified across a number of sectors
1,128
Breakdown by SBU's N'bn (Bank only)
1,218
179
16%
190
16%
170
15%
226
19%
71
6%
95
Corporate office*
8%
Corporate banking
192
17%
220
18%
Public sector banking
Retail banking
Institutional banking
516
46%
487
40%
Dec-10
Mar-11
Gross loans and advances (sector exposure) Mar
2011 (bank only)
Oil & gas upstream
Oil & gas
downstream 13%
(Dec 10: 10%)
Oil & gas services
13% (13%)
1% (Dec 10: 0.1%).
Capital market
2% (Dec 10: 2%)
Real estate -
Construction 4%
(Dec 10: 5%)
Real estate -
Commercial 2%
(2%)
Real estate -
residential 3% (Dec
10:3%)
Government 6%
(Dec 10: 7%)
Personal &
professional 5%
(Dec 10: 6%)
41.2 tn
General✶✶✶ 9%
(Dec 10: 10%)
Finance and
insurance 14%
Information and
communication 6%
General commerce
(Dec 10: 19%)
(Dec 10: 6%)
9% (Dec 10: 8%)
Others** 3%
(Dec 10: 2%)
Manufacturing 9%
(Dec 10: 8%)
**Others include agriculture, construction, power & energy and transportation
FirstBank FY'10 & Q1'11 Investor & Analyst Presentation - 28/04/2011
FirstBank
Since 1894
Comments
Foreign currency loans stand at N250 billion (21% of loan
portfolio)
Facilities against shares now represent 1.6% of total loan
portfolio
Expected sector for growth during the year are agriculture, oil
& gas, construction, power and transportation
Core consumer/retail product portfolio
Co-operatives 6.6%
(Dec 10: 6.1%)
Asset backed - retail
2.2% (Dec 10: 2.3%)
Personal loan 4.1%
(Dec 10: 3.8%)
Home loan 20.7%
(Dec 10: 19.9%)
N176 bn
Asset backed -
,consumer 64.8%
(Dec 10: 66.1%)
Consumer auto loan
1.6% (Dec 10: 1.8%)
*Corporate office includes money market lines, treasury, investments and staff welfare loans
***Hotels& leisure, logistics, retail others and religious bodies
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