2010 Annual Report and Financial Statements - UBA Plc
2010 Annual Report and Financial Statements - UBA Plc
2010 Annual Report and Financial Statements - UBA Plc
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United Bank for Africa <strong>Plc</strong>Review of Group <strong>Financial</strong> PerformanceLiquidity ratio100%50%As <strong>UBA</strong> embarks on improving its gross revenues through loangrowth, we have traded off some liquidity to gradually build up ourloan book. In spite of this, liquidity ratio has remained strong over theyears, closing at 39% in <strong>2010</strong>. This ratio is well above the regulatoryminimum <strong>and</strong> leaves a lot of room for risk assets creation.0%FY06 FY07 FY08 FY09 FY1028 <strong>Annual</strong> <strong>Report</strong> <strong>and</strong> Accounts <strong>2010</strong>
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