Sterling Bank National Branch Network slide image

Sterling Bank National Branch Network

Sterling Bank at a Glance FY 2010 FY 2009 Description (N'B) (N'B) Total Assets 277.1 221.3 Customer Deposits 203.1 161.3 Net Loans 103.8 82.9 Shareholders' Fund 26.1 21.1 Common shares 12.5 12.5 outstanding 12.7% 12.0% Capital Adequacy Ratio (%) Profit before Tax FY 2010 FY 2009* 5.OB (7.2)B 40k (72)k 211.5% Earnings per Share Cost/Income Ratio** 76.3% Return on Average Equity 21% (27)% Our Identity ■ Nigeria's pre-eminent investment banking franchise ■ Growing presence in retail banking Strong leadership brands across all financial services segments ■ Sound Corporate governance model ■ Excellent technology infrastructure and innovative products People-oriented customer-focused institution 'One Customer' Bank. ■ Scale with clear intent. Managed. diversification of the business model ■ Long-term stable ownership base to support strategy + * 2009 P&L figures annualized **Including Allowances for Risk Assets 1. Sterling Bank The one-customer bank.
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