Investor Relations

INVESTOR FACT SHEET Q3 2010

Quick Facts Our Identity
Sector: Banking
Nigeria’s pre-eminent investment banking franchise
Nigerian Stock
Growing presence in retail banking
Exchange:
Exchange
Strong leadership brands across all financial services
NSE Symbol: STERLNBANK segments
REUTERS: STBP.LG
Sound corporate governance
Shares
Excellent technology infrastructure and innovative
12.5B
Outstanding :
products
Shareholders’ 26.4B
Funds:

People-oriented customer-focused institution – ‘One
Total Assets: 279.3B Customer’ Bank
Customer
Scale with clear intent. Managed diversification of the
195.7B business model
Deposits:
Head office: 20, Marina, Lagos
Long-term stable ownership base to support strategy
Branches: 91
Employees: 1,493
Performance Highlights
Share Price
Q3 2010 results are in line with expectations and further
4.0 affirm Group strategy and superior execution
3.0
Sustained earnings momentum through third quarter 2010
2.0
Steady growth in interest margins and write-back from
1.0 credit provisions
0.0
Progress in the implementation of cost savings strategies
Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep-
10 10 10 10 10 10 10 10 10 and improved efficiency

Key ratios remained satisfactory

Board

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) Profit before Tax (N’B) EPS (kobo) Cost/Income Ratio ROAE (Annualized)*
Sept 2009. Sept 2009. Sept 2009. Sept 2009.

Adeyinka Adeola (Non-Executive) Sept 2010 Sept 2010 Sept 2010 Sept 2010

Rajiv Pal Singh (Non-Executive) -59%

Lanre Adesanya (Executive) 30%
43k

Garba Imam (Executive) 5.7 151%

Devendra Puri (Executive)

Executive Management

Yemi Adeola (Group MD) 62%

Lanre Adesanya (Executive Director)

Garba Imam (Executive Director) (29)%

Devendra Puri (Executive Director) (6.5) *Return on Average Equity
(54)k

Sterling Bank PLC | Q3 2010 Investor Fact sheet