Sterling Towers Q1 2022 Financial Performance
Loans and Advances by Sector
Growth in gross loans and advances was driven by both the Agricultural and
manufacturing sectors.
Gross Loans & Advances by Sector
Mar-2022
Dec-2021
Growth
Sectors
Agriculture
N'm
% of total
N'm
% of total
%
92,972
12.4%
76,727
10.6%
21.2%
Communication
20,047
2.7%
17,762
2.4%
12.9%
Consumer
95,998
12.8%
91,360
12.6%
5.1%
Education
1,392
0.2%
1,369
0.2%
1.7%
Finance and Insurance
23,088
3.1%
25,132
3.5%
-8.1%
Government
102,804
13.7%
101,375
14.0%
1.4%
Manufacturing
23,055
3.1%
10,438
1.4%
120.9%
Mining & Quarrying
0
0.0%
0.0%
0.0%
Mortgage
2,686
0.4%
3,114
0.4%
-13.7%
Oil and Gas
161,938
21.5%
170,576
23.5%
-5.1%
Others
57,911
7.7%
48,437
6.7%
19.6%
Power
33,223
4.4%
36,011
5.0%
-7.7%
Real Estate & Construction
71,159
9.5%
80,940
11.1%
-12.1%
Transportation
29,208
3.9%
28,239
3.9%
3.4%
Non-interest banking
36,077
4.8%
34,600
4.8%
4.3%
TOTAL
751,558
100.0%
726,080
100.0%
3.5%View entire presentation