2010 Half Year Investor Presentation - UBA Plc

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REVENUE TRENDRevenues (N’bn)Qtrly Revenue Streams Returning (N’bn)10926.993.725.93848 48 4682.167.71H09Fee Based Income1H10Fund Based Income4Q09 5Q09 1Q10 2Q10Presentation of Group Performance• Gross Earnings dropped by 14% to N94bncompared to 1H09• Quarterly revenues around N50bn• Fee based income recover in 1H10• Driven largely by COT, Forex, Fees andoption/hedging contracts incomeQtrly Fee Based Income Improves (N’bn)161415114Q09 5Q09 1Q10 2Q1034
REVENUE MIXPresentation of Group PerformanceRevenue Mix, By Geography10% 11.5%90% 88.5%FY09Excl-NigeriaNigeria1H10Revenue Mix, UBA Africa and N/YorkN/York10%Others32%B/Faso31%Ghana27%• Contributions from Excl-Nigeria operationsnow 11.5% (10% in FY09) as results fromour diversification outside Nigeria gathersteams• Operations outside Nigeria driven largelyby B/Faso, New York and Ghana• 68% of excl-Nigeria revenues• Structure of non-interest incomechanging; fees now account for 24% (15%in 1H09)Fee Based Income Mix69%15%15%63%13%24%OthersCommisions/ChgsForexFees1H091H1035
Page 1 and 2: Investor/Analyst BriefingFOR THE HA
Page 3 and 4: IMPORTANT DISCLOSURES• This prese
Page 5 and 6: REVIEW OF OPERATING ENVIRONMENT5
Page 7: GRADUAL RECOVERY SEEN SO FAR IN 201
Page 10 and 11: COMMODITY PRICES FIRM UP IN 2010Per
Page 12 and 13: WORLD STOCK MARKETS RECOVERED $21TR
Page 14 and 15: GDP IN AFRICA ECONOMIES TRENDS UP14
Page 16 and 17: …AS OIL PRICE HOVERED AROUND $75/
Page 18 and 19: BUT EXTERNAL RESERVES ARE STABILIZI
Page 20 and 21: KEY HIGHLIGHTS• Aggregate economy
Page 22 and 23: DRIVEN MAINLY BY NON-OIL22
Page 24 and 25: FINANCIAL SERVICES GROW……In spi
Page 26 and 27: NAIRA’S VALUE TO THE USD HITS 3-M
Page 28 and 29: REVIEW OF BANKING INDUSTRY28
Page 30 and 31: ANALYSIS OF HALF YEAR 2010 RESULTS3
Page 32 and 33: KEY FACTORS THAT IMPACTED HALF YEAR
Page 36 and 37: PROFITABILITY36
Page 38 and 39: BALANCE SHEET ANALYSIS38
Page 40 and 41: DEPOSIT BASEStable Deposits (N’tr
Page 42 and 43: GROUP LENDINGNet Loans (N’bn)Net
Page 44 and 45: EFFICIENCY44
Page 46 and 47: COST ANALYSISStaff Cost reducingCos
Page 48 and 49: LIQUIDITYLiquid AssetsLiquidity Rat
Page 50 and 51: OUTLOOK50
Page 52 and 53: OUTLOOK FOR UBA• Consolidate on t
Page 54 and 55: Q & A54
Page 56 and 57: Consolidated Profit and Loss Accoun
Page 58: Brief history of UBA1949 French & B

2010 Half Year Investor Presentation - UBA Plc

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