COVID-19 Impact and Financial Review
Loan Book Analysis
Net loans & advances increased by 7.3% YTD to
N1,209.1bn, with 84.1% of the loan book in term loans.
▸ Adjustment of the exchange rate from N364.7 to N386.8
accounted for 38.4% (N31.5bn) of the loan growth.
Net Loans and Advances to Customers
N'billion
60.9%
56.4%
58.8%
57.0%
54.3%
1,127.0
1,165.8
1,209.1
1,074.1
999.3
▸ FCY loans now constitute about 45.7% of the net loan book
(total loan book: 43.3%) from 41.2% in 2019FY.
464.8
501.2
552.9
390.9
468.1
► Drop in LCY loans by 0.9% YTD came from 4 key sectors:
Manufacturing, Consumer, Finance and Insurance, and
Public Sector.
Total Loans by Type – 2019FY
Lease Finances,.
3.9%
Term Loans, 84.7%
608.5
606.0
662.2
664.6
656.2
H1 2019
9M 2019
2019FY
Q1 2020
H1 2020
■LCY Loans
■FCY Loans
■% LCY Loans
Total Loans by Type - H1 2020
Overdrafts,
11.5%
Lease Finances,
2.5%
27
Term Loans, 84.1%
Overdrafts,
13.4%
www.fidelitybank.ngView entire presentation