Investor Relations

INVESTOR FACT SHEET Q1 2011

Quick Facts Our Identity
Sector: Banking
Nigerian Stock  Nigeria’s pre-eminent investment banking franchise
Exchange:
Exchange  Growing presence in retail banking
NSE Symbol: STERLNBANK  Strong leadership brands across all financial services
REUTERS: STBP.LG
segments
Shares
Outstanding : 12.5B  Sound corporate governance
Shareholders’  Excellent technology infrastructure and innovative
Funds: N27.3B products
Total Assets: N280.8B  People-oriented customer-focused institution – ‘One
Customer’ Bank
Deposits: N201.7B
 Scale with clear intent. Managed diversification of the
Head office: 20, Marina, Lagos business model
Branches: 95  Long-term stable ownership base to support strategy
Employees: 1,658 Performance Highlights
Share Price  Management focused on balance sheet efficiency and re-
4.0 allocation of resources to more profitable activities
3.0  Positive growth of 9% in gross earnings on the back of
2.0
improvement in non-interest income
 Increase in cost-to-income ratio due to allowances for risk
1.0
assets
0.0
 Return on Average Equity (ROaE) in the first rank percentile
Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11
among all banks
 Improvement in NPL ratio due to sale of assets to AMCON
Board  Liquidity and capital adequacy ratios above regulatory
benchmarks
 Alhaji Adegunwa, OFR (Chairman)
 Yemi Adeola (Group MD/CEO)
 Yemi Idowu (Non-Executive) Key Financials
 Bashir Borodo, MFR (Non-Executive)
 Captain Harrison Kuti (Non-Executive) 92%
85%
 Adeyinka Adeola (Non-Executive) 73% 75%
 Rajiv Pal Singh (Non-Executive)
 Lanre Adesanya (Executive) 49% 47% 46%
 Garba Imam (Executive) 41%
 Devendra Puri (Executive) 24%
18%
13% 12%
 12% 10%
3% 2%
Executive Management

 Yemi Adeola (Group MD)

 Lanre Adesanya (Executive Director)
 Garba Imam (Executive Director) ROAE ROAA Net Cost- CAR Liquidity NPL Ratio Coverage
Interest Income Ratio Ratio
 Devendra Puri (Executive Director)
Margin Ratio

Sterling Bank PLC | Q1 2011 Investor Fact sheet