Nigeria Commercial Banking Report Q2 2009

Table of Contents

Executive Summary 5
Table: Latest Actual Data (NGNbn) 5
Table: Latest Actual Data (US$bn) 5
Table: Latest Key Indicators At November 2008 5
Table: Annual Growth Rate Projections, 2009-2013 (%) 6
Table: Ranking Out Of 46 Countries Reviewed In 2009 6
Table: Projected Levels, 2008-2013 (NGNbn) 6
Table: Projected Levels (US$bn) 7
Overview - Commercial Banking Sector Of Nigeria8
SWOT Analysis10
Nigeria Commercial Banking SWOT 10
Commercial Banking Business Environment Rating11
Table: Nigeria' s Commercial Banking Business Environment Ratings 11
Commercial Banking Business Environment Rating Analysis 12
Commercial Banking Business Environment Rating Methodology 14
Table: Middle East Commercial Banking Business Environment Ratings 15
Global Outlook16
Regional Outlook18
Table: Comparison Of Loan/Deposit, Loan/Asset And Loan/GDP Ratios, End 2008 18
Table: Anticipated Developments In 2009 19
Table: Comparison Of Total Assets, Client Loans And Client Deposits, 2007 And 2008 (US$bn) 20
Table: Comparison Of Per Capita Deposits, End 2008 (US$) 21
Table: Interbank Rates And Bond Yields 22
Commercial Bank Sector Outlook 23
Macroeconomic Activity24
Economic Activity 24
Table: Nigeria - Economic Activity 26
Exchange Rate Policy 26
Balance of Payments 28
Banking Sector 30
Market Structure35
Protagonists 35
Table: Protagonists In Nigeria' s Commercial Banking Sector 35
Definition Of The Commercial Banking Universe 36
List Of Banks 36
Table: Deposit Money Banks as identified by the CBN 36
Company Profiles37
Citibank 37
Diamond Bank 38
Key Statistics for Diamond Bank, 2000-2007 (NGNmn) 38
First Bank 39
Key Statistics for First Bank, 2001-2008 (NGNmn) 39
Guaranty Trust Bank 40
Key Statistics for Guaranty Trust Bank, 2001-2008 (NGNmn) 40
Intercontinental 41
Key Statistics for Intercontinental, 2001-2008 (NGNmn) 41
Stanbic IBTC 42
Key Statistics for Stanbic IBTC, 2006-2007 (NGNmn) 42
StanChart 43
Key Statistics for StanChart IBTC, 2006-2007 (NGNmn) 43
Wema 44
Key Statistics for Wema, 2000-2007 (NGNmn) 44
Zenith 45
Methodology46
Basis Of Projections 47
Commercial Bank Business Environment Rating 47
Table: Commercial Banking Business Environment Indicators And Rationale 49
Table: Weighting Of Indicators 50