Investor Presentaiton
CONFIDENTIAL
3
Robust Balance Sheet and Asset Quality
25
BANK OF INDUSTRY
...transforming Nigeria's industrial sector
•
The CBN stipulates that Non-Performing Loans (NPL) should not exceed 5% of a financial institution's Gross Loans and Advances. BOI has maintained a threshold below this
guideline for the past three years.
BOI requires security for all credits guaranteed. The Bank is over-collaterised as at June 2023 with 85.9% of exposure covered by Bank Guarantee
BOI's is well capitalised with a Capital Adequacy Ratio (62.16%) well above minimum regulatory guideline.
Strong Capital Base with Solid Shareholder Support
Collateral Composition (Jun-23)
USD'mn
Tier 1 Capital
Jun 2023 2022
2021
2020
2019
US$'mn
Value
818.00
% Contribution
85.9%
Bank Guarantees
809.0
872.2
878.92
894.0
893.6
100.86
10.6%
T-Bills & FGN Bonds
Tier 2 Capital
268.0
287.9
289.94
294.7
294.0
Legal Mortgages
23.3
2.4%
Total Regulatory Capital
Personal Guarantees
8.33
0.9%
Minimum regulatory capital % of
RWA
1,077.0 1,160.2
10% 10.00%
1,168.86
1,188.7
1,187.6
Debenture
2.33
0.2%
10%
10.0%
10.0%
Total
952.82
100%
BOI capital % of RWA
62.16%
47.67%
51.13%
48.2%
51.7%
Non-Performing Loans
Total Asset
NPL
13.90% 1
12.81%
1 2.08% !
Jun-23
5,315
Regulatory Requirement
15.57%!
14.56%
5%
4,372
5,229
4,158
3,335
12.59% 1
2,376
1,712
3,395
3,498
kkkkkk
1,864
1,040
1,069
2022
2021
2020
| Private & Confidential
2019
2018
Exchange rate (US$/NGN): 447 (Dec 2022); 776 (June 2023)
Jun-23
2022
2021
2020
2019
2018
USD'm NGN'bView entire presentation