GTBank Business and Financial Performance
Asset diversification & Quality
NPLs, Coverage, COR
•
NPL ratio - 3.15%
(December 2013 - 3.58%)
• Cost of risk - 0.61%
•
(December 2013 -0.31%)
Coverage ratio (with regulatory risk reserves) - 143.22%
Loans by Industry
Upstream O&G
21%
•
Coverage ratio (without regulatory risk reserves) - 74.13%
• NPLs listed under "Manufacturing " is mainly comprised of
one exposure with monetary value of11.57bn for which
over 50% provision was taken during the financial year
2014.
• "Information Telecoms & Transport" accounts for 33.8% of
NPLs with Hi Media accounting for the bulk of it.
NPLs and coverage
75.64%
102.3%
101.6%
110.6%
143.22%
6.74%
3.45%
2.85%
3.75%
3.58%
3.15%
LOLLL
1.68%
0.10%
0.31%
0.61%
Dec-11
Dec-10
NPL/Total Loans
Cost of Risk
Dec-12
Coverage ratio
Dec-13
Dec-14
Manufacturing
17%
Education.
1%
Financial Institutions
Agriculture
2%
3%
GTBank
Government
3%
Midstream O&G General
6%
Commerce
6%
Individuals
7%
Telecoms & Transport
11%
Construction
8%
Others
9%
NPLs by Industry
CONSTRUCTION &
REAL ESTATE
2%
AGRICULTURE
2%
CAPITAL MARKET &
FIN. INSTITUTION
3%
MANUFACTURING
39%
INFO. TELECOMS &
TRANSPORT.
28%
Downstream
O&G
6%
GENERAL COMMERCE
8%
MINING, OIL & GAS
8%
GENERAL
10%
19View entire presentation