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Exclusive: Best bank in Nigeria judging by the numbers
These banks are all too big to fail but one stands tallest as the best.
The Nigerian Banking sector is one of the most competitive sectors in the economy and perhaps the most profitable. Despite having about 23 deposit money banks in the country, only a dozen are listed on the Nigerian Stock Exchange (NSE).
Banking sector performance is something we track regularly at Nairametrics using several well-known metrics. Most of the data can be found in the financial statements of the banks within our repository of reports. While we track all banks, the following banks are included in our universe of measuring financial performance. They are Access Bank, GT Bank, Fidelity Bank, FCMB, Sterling Bank, FBNH, Union Bank, Zenith Bank, UBA, Stanbic IBTC and Wema Bank.
In this report, we take a cursory look at the performance of listed banks in Nigeria based on the six (6) metrics, these include Total Assets, Net Assets, Total Deposits, Profit After Tax, Return on Average Equity and Return on Total Assets.
READ ALSO: NSE loses N2 trillion in value in Q1 2020, as oil plunges 65% QoQ
Best Banks by Total Assets.
In this case, banking assets include equity plus bank deposits. According to the data, 11 of the listed banks reported a combined total asset of N42.4 trillion as at the first quarter of 2020.
This represents a 10.3% rise from total assets of N38.4 trillion as at December. Growth in Total Assets is indicative of how strong our financial institutions are particularly banks.
The size of their total assets also indicates how much support they can give to the Nigerian Economy. At N42 trillion bank total assets represent roughly 29% of Nigeria’s GDP of N145 trillion. That is roughly one-third of our GDP. When you compare to South Africa at 77% and the US at about 62.4% you realize there is room for growth.
So who are the leaders?
First Position – Access Bank N7.28 trillion
Second Position– Zenith Bank – N7.12 trillion
Third Position – FBNH N7.02 trillion
Fourth Position – UBA N6.3 trillion
Upshots – Access Bank has maintained the number one position since 2019 after overtaking Zenith Bank following its merger with Diamond bank However, Zenith bank’s asset jumped 12.3% in the first quarter of 2020 to N7.1 trillion compared to Access Bank’s 1.8% rise.
We won’t be surprised if Zenith Bank takes this position again come August when we update this ranking. Also interesting to note that the 4 banks make up more than half the entire total assets. Suffice to say these are indeed “too big to fail” banks.
READ MORE: Analysis: Seplat’s transfer of OMLs has us wary
Net Assets
Banks’ net assets represent the total equity or shareholders’ funds of all the banks on our list. It includes the bank’s share capital, reserves, and its retained earnings in a period. The net asset is a very strong metric for measuring how strong banks are and it is also used by the CBN in assessing banking sector ability to withstand credit losses.
We observed that at the end of Q1 2020, bank net assets rose from N4.64 trillion at the end of 2019 to N4.7 trillion. This presents a 1.4% rise over the three months period. However, this also represents a 20.5% jump from N3.9 trillion posted in 2018. Banks’ net assets are also circa 10% of their total assets.
The top 4 by Net Assets
First Position – Zenith Bank, N925.9 billion
Second Position – FBNH, N680.3 billion
Third Position – GT Bank, N661 billion
Fourth Position – Access Bank, N635.5 billion
Upshots: We noticed a remarkable rise from FBNH and Stanbic IBTC two bank holding companies. After falling 21.8% to N530.6 billion in 2018, FBNH clawed back 21% to N642.6 billion in 2019 and posted N680.3 billion as at March 2020. Also, Stanbic IBTC increased its net assets by 26.1% in 2019 to 302.2 billion respectively.
The bank now has a net asset of N320.7 billion. Zenith Bank at N925.9 billion is down from the N941.8 billion reported at the end of 2019. This may be due to dividend payments.
It should be noted that most banks recorded a drop in their total net assets in the first quarter, it may largely be due to dividend payments. However, we expect Zenith Bank to crack the N1 trillion mark in net assets by the end of the year.
Total Deposits
Customer deposits are perhaps one of the most competitive banks’ performance metrics to track. The more deposits a bank has the more money it can make. In a country where a lot of cash remains outside the banking system, how well a bank can mobilize deposits from its customers shows how well it can compete in a very aggressive market.
Analysis of the data collected showed that total banks’ deposits rose from N19.1 trillion in 2017 to N29.1 trillion in the first quarter of 2020. Whilst this is impressive growth, it did not adjust for the defunct Diamond Bank.
Thus, a better comparison would be between the N26.8 trillion in deposits recorded in December 2019 and N29.1 trillion in the first quarter of this year. This implies an 8.8% rise in just three months. Listed banks are on track to cross N30 trillion in customer deposits.
Top banks based on deposits
First Position – Access Bank, N5.6 trillion
Second Position – FBNH. N5.4 trillion
Third Position – UBA, N4.6 trillion
Fourth Position – Zenith Bank, N4.4 trillion
Upshots: UBA’s total deposits rose a whopping 14% to N4.6 trillion in the first quarter of 2020, adding about N467 billion in new deposits in just 3 months. An even more notable jump was from Stanbic IBTC with a 31.6% rise to N1.1 trillion in three months. The bank broke into the N1 trillion club from N886 billion it had at the end of 2019.
The bank has now leapfrogged Sterling Bank and is on the heels of Fidelity Bank and FCMB. Fidelity Bank also impressed with a 10.4% rise in its numbers. FBNH, one of the oldest banks also rose 12.5% and at its rate could outpace the number one on the list, Access Bank.
Profits After Tax
Corporate Profits are often viewed positively or negatively depending on how you view the impact of capitalism. For banks, it can attract scrutiny if it comes at the expense of small businesses or the wider economy. Nigerian banks reported a total profit after tax of N815.5 billion at the end of 2019. This, compared to N754.7 billion reported in 2018 and N630.3 billion in 2017.
Though banks have often been criticized for reporting fat profits at the expense of the wider economy, we are better off having profitable banks than unprofitable ones. The more profitable banks are (consistently) over time, the more robust they are to support economic growth.
READ ALSO: UPDATED: Nigeria received $5.85 billion capital inflows in Q1 2020 –NBS
Banks that declared the most profits.
First Position – Zenith Bank, N208.8 billion.
Second Position – GT Bank, N196.8 billion
Third Position – Access Bank, N97.5 billion.
Fourth Position – UBA – N89 billion
Upshots – Zenith Bank and GT Bank appear to be in a world of their own as they make more than double their closest rival. Both banks are neck and neck again in the first quarter with N50 billion in profits for GTB and N50.5 billion for Zenith Bank.
In terms of the most improved bank based on profitability growth year on year, the winner goes to Wema Bank with a 56.3% rise in profits to N5.2 billion. Union Bank also saw its profits rise by 34.7%. Others with significant profit increases in 2019 were Sterling Bank, FCMB, and UBA with 17.2%, 13.2%, and 13.3% respectively.
Return on Equity
This is another important metric used in assessing how well a bank has performed in terms of returns to shareholders. We consider this the most important in terms of performance and efficiency. You can post the largest profits but just like any regular investment you want to know what that translates to in terms of return on equity capital.
Based on our pool of banks’ data, a return on average asset of 18.1% was achieved in 2019 compared to 17.5% a year earlier. This is higher than the inflation rate for 2019, higher than MPR, and just lower than banks’ lending rate. This figure was 11.39% in the US
How have they performed?
First Position – GT Bank, 31.2%
Second Position – Stanbic IBTC, 27.7%
Third Position – Zenith Bank, 23.8%
Fourth Position – Access Bank, 17.7%.
Upshots – Whilst Stanbic yielded the first place to GTB after catapulting to the top in 2018 with a return on average assets of 35%, it was interestingly the only notable drop from all the banks except Access Bank. Union Bank’s numbers increased from 6.3% to 10.2% one of the most improved performances in 2019. We note FBNH broke the single-digit ceiling to 10.6% as the bank continues with its growth comeback.
Return on Average Assets
This measures how well a bank is sweating its assets to generate profits. It is one thing for a bank to have all the assets in its balance sheet but is it providing returns to all providers of capital? We like this metric at Nairametrics because it tells us how well a bank is able to run efficiently using all the resources at its disposal to generate profits for its shareholders.
In general, banks reported a return on total assets of 2.3% in 2019 compared to 2.4% in 2018. Return on Average Assets for US banks was about 1.3% in 2019 and about 1.1% for South African Banks.
Best Banks based on ROAA
First Position – GT Bank, 5.6%
Second Position – Stanbic IBTC 4.2%
Third Position – Zenith bank, 3.4%
Fourth Position – UBA, 1.7%
Upshots – Just like the impressed with ROAE, GT Bank is again the best bank based on Return on Average Assets at a whopping 5.6%. That just shows how very well run the bank is and that it maintained this return in a struggling economy is even more remarkable. We noticed a drop in return on assets across most of the banks highlighting how difficult the economy has been for banks.
Which is the best bank overall for the first quarter of 2020? Well, we leave that to you our readers to judge.
FEATURED
COVID -19 saving Nigerians millions in wedding and burial costs
As long as the pandemic persists, the ‘new normal’ is for ceremonies to remain subdued.
It was a sunny Saturday in May and like it had been for the better part of 8 weeks, the new normal was in force in Nosa’s household. The lockdown induced COVID-19 meant that all the hustle and bustle of giving attention to side hustles on weekends had all evaporated. Now he spent more time with his kids watching TV and playing video games. Whilst he has had to endure multiple weekends of lost revenue, staying indoors meant that his personal finance was still intact. But things would change dramatically this weekend.
Nosa got a call that he had just lost his aged mother to a brief illness. He had been battling with a terminal illness for years, but things seemed to be under control so her death came as a surprise. Even as he grappled with the thought of losing his mother, Nosa knew that he had to start making preparations for the expenses that are bound to come with burials in an African setting.
Thanks to the pandemic, and rules that came with it, Nosa ended up spending much less than he would have for his mother’s burial with most of the funds going towards mortuary expenses, transport and the direct cost of the actual burial itself.
“This COVID-19 is bad but it has saved me millions of naira that I would have spent in this burial,” he remarked.
“I wanted to give my mom a befitting burial but these are hard times and I may have borrowed money just to fund this. But with COVID-19 and social distancing in place I did not have to do any of this,” Nosa informs our reporter.
Nosa’s gains translate to massive losses for a whole chain of service providers in the event management industry. Similar occurrences over the last few months have resulted in the loss of revenue for such businesses.
Events in Nigeria often cost anywhere between half a million naira to over N100 million depending on the financial muscle of those spending. Burials, weddings, naming ceremonies and birthday parties, make a burgeoning industry that spans several sectors of the economy.
From mortuaries to casket makers, event planners, event Halls rentals, professional mourners, caterers, confectionaries, party rentals, photographers, video editors, tailors, newspapers , etc, its an entire value chain of businesses that provide one service or the other for this industry.
Each of these events cost millions of naira to organize hosting as many people as the budget can support. According to a CNN article quoting a report from TNS Global, Nigerians spend as much as $9,460 for a wedding ceremony. The report also indicates the party industry could be worth as high as $17 million based on statistics in 2017.
The math can be easily deducted. Assuming 50,000 ceremonies every weekend at an average cost of N1 million that is a N50 billion per weekend or N2.7 trillion ($6.75 billion) per annum. GDP data from the National Bureau of Statistics indicates sectors that support the ceremonies market in Nigeria, telecoms, transportation, Arts and Entertainment is worth a combined N18.4 trillion.
Technology Ceremonies
Chuks, a Partner at a top consulting firm in Nigeria admits were it not for the pandemic his wedding could have cost him about N15 million personally and another N20 million spent by family, friends, colleagues and well-wishers. He is in his forties and his wedding had been much anticipated. He went ahead with his wedding last weekend with less than a dozen people in attendance and over 140 others logging on via Zoom. He claims while he ended up not spending millions on food, drinks, wedding halls and other logistic costs, he still achieved his goal of getting married.
Necessity they say is the mother of invention and has millions stay locked in their homes, they have resorted to apps such as Zoom, Instagram Live, Microsoft Teams to hold virtual events. These days Zoom themed parties now have their own rules and conventions. Friends from all parts of the world log in with each person taking turns to say nice things about the celebrants. Games are conducted to spice up the event and stories told by the celebrant. Music is also played by the Zoom host with participants dancing and having fun.
“It is like watching a live movie and also being part of it as the audience and participant” a wedding planner informed Nairametrics. Whilst one cannot underrate the connection physical socializing brings, virtual meetings are gradually becoming a lifestyle and the longer social distancing continues its cultural significance will only continue to increase.
Aderonke Adebamibola, CEO of Unik Ushering Agency, an Event management firm, confirmed to Nairametrics that business has really slowed down in the last few months. “Even though the NCDC has now given rules to guide weddings and other events, the budget now is way less than it used to be due to the cap on numbers of guests” she explained.
Now, most events are kept within the premises of family residences, depriving hall rentals, the money they could have made from leasing out their halls. Venue decorators also have much less on their hands to do, as they no longer have to decorate big halls.
According to Adebamibola, every single business in the chain has been affected, from caterers to ushers.
“Now, we even have to convince them to use one or two ushers for their events because they believe they don’t need ushers for 20 or 30 guests. Caterers cannot even cook a half bag of rice now because of the number of guests. This means that they are also paid less for their services, even if they expend the same energy and time” she said.
The new normal in this industry means that the things that used to be prioritized are no longer priorities. Hand sanitisers, face masks and hand washing equipment are now compulsories in events, while the hand-shaking, and hugs that would have characterized such weddings
Due to the nature of the industry, a large percentage of the staff are kept on contract basis, so the reduction has not really translated into lay-offs. However, the industry revenue has been badly hit. A contract staff with NPU Events, who preferred anonymity, noted that in the last three months, she has only been called twice for events.
Since this forms a major part of her income, it has caused a major dip in her resources. COVID-19 has brought unwanted hardship to the Nigerian economy with small businesses and workers in the informal sector suffering the most.
A recent World Bank report indicates the Nigerian economy might contract by as much as 3% in GDP growth rate this year. This informed government’s latest decision to inject about N2.3 trillion into the economy to spur economic growth. The funds will be targeted at small businesses through non-collateralized low-interest loans. Whilst all these initiatives are geared towards stimulating the economy, the spending power of Nigerians will remain pivotal and as long as the pandemic persists, ceremonies will remain subdued.
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Top 10 travel agencies in Nigeria
Whatever the case, everyone needs a travel agency or at least knows someone that does.
Have you ever gone through the rigours of applying for a visa in Nigeria, only to get rejected in the end? Or maybe you had to make a trip and spent hours online trying to book reservations in a good hotel, then ended up getting there and discovering that your reservation didn’t go through.
Perhaps, you have been defrauded by poser travel agents, in your quest to travel abroad. Or maybe the reason you have not planned for a much-desired vacation is because you don’t have the time to attend to all the details.
Whatever the case, everyone needs a travel agency or at least knows someone that does. Even when you know how to get these things done, it cannot compare to having a professional touch. Little things like having someone welcome you at the airport, and ensuring you get checked in at your hotel, can really matter.
And that is why it is necessary to know some reliable travel agencies off the top of your head. In this article, Nairametrics brings you a list of top travel agencies in Nigeria that can take care of your travel needs and attend to all the details.
Owing to the relationships these agencies have built over the years, they can get you incredibly lower airfares, hotel rates and other expenses, much more than you could get on your own. They also ensure that even if you are arriving in a country you have never been, you don’t get stranded.
Nairametrics does not have affiliations with any of these agencies, but the list was drawn from the hundreds of travel agencies in Nigeria, selecting only the top ones which meet the criteria. All of the agencies listed here are registered with the Nigerian Civil Aviation Authority, the Corporate Affairs Commission, National Association of Nigerian Travel Agencies, and have built some reputation for themselves over the years.
Each has also cornered a fair size of the Nigerian market share.
Touchdowns Travels Limited
Touchdown Travels Limited is the representative of GlobalStar in Nigeria. Though licensed by IATA since 1993, it only started representing GlobalStar in 2012.
The agency offers services in flight bookings and reservations, as well as in organising tours and travel itineraries.
The agency was established by Mr. Dayo Adeola, who is also its CEO/Managing Director. It is also a member of the National Association of Nigeria Travels Agencies (NANTA), and from having just 2 staff, it has grown to accommodate about 50 staff, firmly etching its name among the top agencies in the industry.
Touchdown is about the top agency in terms of market share and has earned several recognitions from most operating airlines in the country, as well as organisations in the industry.
Headquartered in Lagos, the agency has travel desks (out-posts) manned by its staff, and situated within some bluechip companies. It also has a branch in Abuja.
Quantum Travels
Quantum Travels also ranks among top travel agencies in the country, and is Nigeria’s representative of BCD Travel, the third largest travel management company in the world.
Its global presence gives the agency the advantage of meeting clients’ travel needs across 97 countries.
It is mostly known for corporate travel management, but its services extend to others such as passport and visa arrangements, flight and hotel reservations, as well as providing rentals for transportation.
This agency also has a fair size of the Nigerian market share, ranking among the top five highest in terms of monthly ticket bookings.
Wakanow.com limited
Wakanow was launched as the first online travel agency in 2008. Its founder, Obinna Ekezie, a former professional basketball player, led the company till 2019 when Adebayo Adedeji was appointed CEO.
With IATA code 59-211806, and NANTA code ZTN/NANTA/LOS/08-821, the company did not waste time in capturing a significant market share, and at some point, was reported to own about 10% of the market share. Currently, it has the third highest flight bookings in the country.
The agency offers travel consulting, hotel reservations, bespoke travel packages, flight booking, visa assistance, travel financing, etc. The company also offers credit facilities with flexible travel payment plans, where the customer can pay 25% upfront, and structure the rest of the payments.
The regular discounts and reward packages have also contributed to attracting more customers to the company. Recently, a little reward package was introduced, where customers are rewarded for referring new customers to the company.
The agency recently introduced a new video selling product, where clients can schedule a visual tour of their potential destination with a Wakanow agent.
To encourage travels after the pandemic, the company has introduced more deferred payment options called “Travel now, pay later”.
FlinchGlow Travels
FlinchGlow Travels was founded in 2002 by Mr. Bankole Bernard, the current NANTA president who still runs the agency as CEO.
As a partner with the Nigerian Tourism Development Corporation (NTDC), FlinchGlow offers some of the best services in the tourism industry, although it also serves clients with personal and business travel needs.
FlinchGlow also takes pride in its ability to secure good hotel rates at choice destinations, and plan tours for its clients. It ranks among the top five in terms of market share and sells a considerable volume of tickets monthly.
Dees Travels and Tours Limited
Dees Travels and Tour Limited was founded in 2000 and registered with IATA in the same year. Apart from booking both local and international flights, it handles travel arrangements for individual and group tours, visa procurement, travel insurance, hotel reservations across countries, chauffeur/car hire, and airport protocol services.
According to data from airline operators, the agency is 5th highest in terms of market share and tickets sold on a monthly base.
Business Travel Management Limited
This agency is a member of the GHI Assets Ltd group, and has several names under it including Emirates holidays, Sky logistics ltd, Rwandair and HRG Nigeria. It was incorporated in 1998 and it was also accredited by IATA. It specializes in comprehensive travel management, logistics for business, corporate service and corporate travel management.
The agency is IATA certified, and registered with other regulatory agencies. With the names under the group, BTM Limited has claimed its own share of the Nigerian travel market as well.
READ ALSO: Airtel loses over 100,000 subscribers in one month, as Glo chases MTN’s market share
Travelstart
Travelstart another leading online travel agency with operations spread across Africa, and headquartered in Cape Town.
Customers can utilise the online platform to book flights across all African countries and other continents as well, and also get their itinerary all planned for a vacation or business trip. Apart from flight reservations, the agency also handles car rentals and hotel reservations tailored to the traveller’s budget.
Travelstart also handles visa processing and travel insurance. It was founded in Sweden by Stephan Ekbergh, but has since extended operations to Nigeria, South Africa, Namibia, Tanzania, Egypt, Kenya, the UAE, Qatar, Bahrain and even Turkey, where it trades under the brand name Geziko.
Travelstart has also captured its share of the Nigerian market, leveraging on its international network and brand recognition across the continent.
Rewards Travels and Tours Limited
Rewards Travels and Tours has over the last two decades earned its space in the industry. Its services include travel consultancy, travel itinerary management, tourism and planning corporate travels.
It was founded in 1999, and now has a network of branches across major cities in Nigeria, with established partners in the global tourism industry. the agency gives hotel booking services, car hires, cruises and charters across several countries.
It is IATA accredited, giving clients access to international and local airlines.
READ MORE: Buhari suspends NSITF MD and other top management officials, appoints acting MD
City Travels and Tours
City Travels and Tours is one of the travel agencies you want to consider if the purpose of your travel is largely tourism. The company offers tourism services, reservations and bookings, vacations, cruises, consultation, destination and accommodation decisions.
The agency is registered with IATA, as well as NANTA, and has a commendable network with critical stakeholders in the tourism industry across the continent. City Travels and Tours is often ranked among the top 10 among over 1500 registered travel agencies in the country.
Coronavirus
COVID-19 Update in Nigeria
On the 4th of July 2020, 603 new confirmed cases and 6 deaths were recorded in Nigeria bringing the total confirmed cases recorded in the country to 28,167.
The spread of novel Corona Virus Disease (COVID-19) in Nigeria touched a new milestone as the latest statistics provided by the Nigeria Centre for Disease Control reveal Nigeria now has 28,167 confirmed cases.
On the 4th of July 2020, 603 new confirmed cases and 6 deaths were recorded in Nigeria, having carried out a total daily test of 3,355 samples across the country.
To date, 28,167 cases have been confirmed, 11,462 cases have been discharged and 632 deaths have been recorded in 35 states and the Federal Capital Territory. A total of 148,188 tests have been carried out as of July 4th, 2020 compared to 144,833 tests a day earlier.
COVID-19 Case Updates- 4th July 2020
- Total Number of Cases – 28,167
- Total Number Discharged – 11,462
- Total Deaths – 634
- Total Tests Carried out – 148,188
According to the NCDC, the 603 new cases were reported from 19 states- Lagos (135), Edo (87), Abuja (73), Rivers (67), Delta (62), Ogun (47), Kaduna (20), Plateau (19), Osun (17), Ondo (16), Enugu and Oyo (15), Borno (13), Niger (6), Nasarawa (4), Kebbi (3), Kano (2), Sokoto and Abia (1) case each
Meanwhile, the latest numbers bring Lagos state total confirmed cases to 11,045, followed by Abuja (2,153), Oyo (1,466), Edo (1,353), Kano (1,264), Delta (1,227) Rivers (1,181), Ogun (974), Kaduna (855), Katsina (579), Borno (528), Bauchi (516), Gombe (513), Ebonyi (438), Plateau (421), Ondo (410), Abia (383), Enugu (372), Imo (352), Jigawa (318).
Kwara state has recorded 269 cases, Bayelsa (234), Nasarawa (225), Osun (165), Sokoto (153), Niger (122), Akwa Ibom (104), Benue (97), Adamawa (89), Kebbi (84), Zamfara (76), Anambra (73), Yobe (61), Ekiti (43), Taraba (19), while Kogi state has recorded 5 cases.
READ ALSO: COVID-19: Western diplomats warn of disease explosion, poor handling by government
Lock Down and Curfew
In a move to combat the spread of the pandemic disease, President Muhammadu Buhari directed the cessation of all movements in Lagos and the FCT for an initial period of 14 days, which took effect from 11 pm on Monday, 30th March 2020.
The movement restriction, which was extended by another two-weeks period, has been partially put on hold with some businesses commencing operations from May 4. On April 27th, 2020, Nigeria’s President, Muhammadu Buhari declared an overnight curfew from 8 pm to 6 am across the country, as part of new measures to contain the spread of the COVID-19. This comes along with the phased and gradual easing of lockdown measures in FCT, Lagos, and Ogun States, which took effect from Saturday, 2nd May 2020, at 9 am.
On Monday, 29th June 2020 the federal government extended the second phase of the eased lockdown by 4 weeks and approved interstate movement outside curfew hours with effect from July 1, 2020.
READ ALSO: Bill Gates says Trump’s WHO funding suspension is dangerous
| Date | Confirmed case | New cases | Total deaths | New deaths | Total recovery | Active cases | Critical cases |
|---|---|---|---|---|---|---|---|
| July 4, 2020 | 28167 | 603 | 634 | 6 | 11462 | 16071 | 7 |
| July 3, 2020 | 27564 | 454 | 628 | 12 | 11069 | 15867 | 7 |
| July 2, 2020 | 27110 | 626 | 616 | 13 | 10801 | 15693 | 7 |
| July 1, 2020 | 26484 | 790 | 603 | 13 | 10152 | 15729 | 7 |
| June 30, 2020 | 25694 | 561 | 590 | 17 | 9746 | 15358 | 7 |
| June 29, 2020 | 25133 | 566 | 573 | 8 | 9402 | 15158 | 7 |
| June 28, 2020 | 24867 | 490 | 565 | 7 | 9007 | 14995 | 7 |
| June 27, 2020 | 24077 | 779 | 558 | 4 | 8625 | 14894 | 7 |
| June 26, 2020 | 23298 | 684 | 554 | 5 | 8253 | 14491 | 7 |
| June 25, 2020 | 22614 | 594 | 549 | 7 | 7822 | 14243 | 7 |
| June 24, 2020 | 22020 | 649 | 542 | 9 | 7613 | 13865 | 7 |
| June 23, 2020 | 21371 | 452 | 533 | 8 | 7338 | 13500 | 7 |
| June 22, 2020 | 20919 | 675 | 525 | 7 | 7109 | 13285 | 7 |
| June 21, 2020 | 20242 | 436 | 518 | 12 | 6879 | 12847 | 7 |
| June 20, 2020 | 19808 | 661 | 506 | 19 | 6718 | 12584 | 7 |
| June 19, 2020 | 19147 | 667 | 487 | 12 | 6581 | 12079 | 7 |
| June 18, 2020 | 18480 | 745 | 475 | 6 | 6307 | 11698 | 7 |
| June 17, 2020 | 17735 | 587 | 469 | 14 | 5967 | 11299 | 7 |
| June 16, 2020 | 17148 | 490 | 455 | 31 | 5623 | 11070 | 7 |
| June 15, 2020 | 16658 | 573 | 424 | 4 | 5349 | 10885 | 7 |
| June 14, 2020 | 16085 | 403 | 420 | 13 | 5220 | 10445 | 7 |
| June 13, 2020 | 15682 | 501 | 407 | 8 | 5101 | 10174 | 7 |
| June 12, 2020 | 15181 | 627 | 399 | 12 | 4891 | 9891 | 7 |
| June 11, 2020 | 14554 | 681 | 387 | 5 | 4494 | 9673 | 7 |
| June 10, 2020 | 13873 | 409 | 382 | 17 | 4351 | 9140 | 7 |
| June 9, 2020 | 13464 | 663 | 365 | 4 | 4206 | 8893 | 7 |
| June 8, 2020 | 12801 | 315 | 361 | 7 | 4040 | 8400 | 7 |
| June 7, 2020 | 12486 | 260 | 354 | 12 | 3959 | 8173 | 7 |
| June 6, 2020 | 12233 | 389 | 342 | 9 | 3826 | 8065 | 7 |
| June 5, 2020 | 11844 | 328 | 333 | 10 | 3696 | 7815 | 7 |
| June 4, 2020 | 11516 | 350 | 323 | 8 | 3535 | 7646 | 7 |
| June 3, 2020 | 11166 | 348 | 315 | 1 | 3329 | 7522 | 7 |
| June 2, 2020 | 10819 | 241 | 314 | 15 | 3239 | 7266 | 7 |
| June 1, 2020 | 10578 | 416 | 299 | 12 | 3122 | 7157 | 9 |
| May 31, 2020 | 10162 | 307 | 287 | 14 | 3007 | 6868 | 7 |
| May 30, 2020 | 9855 | 553 | 273 | 12 | 2856 | 6726 | 7 |
| May 29, 2020 | 9302 | 387 | 261 | 2 | 2697 | 6344 | 7 |
| May 28, 2020 | 8915 | 182 | 259 | 5 | 2592 | 6064 | 7 |
| May 27, 2020 | 8733 | 389 | 254 | 5 | 2501 | 5978 | 7 |
| May 26, 2020 | 8344 | 276 | 249 | 16 | 2385 | 5710 | 7 |
| May 25, 2020 | 8068 | 229 | 233 | 7 | 2311 | 5524 | 7 |
| May 24, 2020 | 7839 | 313 | 226 | 5 | 2263 | 5360 | 7 |
| May 23, 2020 | 7526 | 265 | 221 | 0 | 2174 | 5131 | 7 |
| May 22, 2020 | 7261 | 245 | 221 | 10 | 2007 | 5033 | 7 |
| May 21, 2020 | 7016 | 339 | 211 | 11 | 1907 | 4898 | 7 |
| May 20, 2020 | 6677 | 284 | 200 | 8 | 1840 | 4637 | 7 |
| May 19, 2020 | 6401 | 226 | 192 | 1 | 1734 | 4475 | 7 |
| May 18, 2020 | 6175 | 216 | 191 | 9 | 1644 | 4340 | 7 |
| May 17, 2020 | 5959 | 388 | 182 | 6 | 1594 | 4183 | 7 |
| May 16, 2020 | 5621 | 176 | 176 | 5 | 1472 | 3973 | 7 |
| May 15, 2020 | 5445 | 288 | 171 | 3 | 1320 | 3954 | 4 |
| May 14, 2020 | 5162 | 193 | 168 | 3 | 1180 | 3815 | 4 |
| May 13, 2020 | 4971 | 184 | 164 | 6 | 1070 | 3737 | 4 |
| May 12, 2020 | 4787 | 146 | 158 | 6 | 959 | 3670 | 4 |
| May 11, 2020 | 4641 | 242 | 152 | 10 | 902 | 3589 | 4 |
| May 10, 2020 | 4399 | 248 | 142 | 17 | 778 | 3479 | 4 |
| May 9, 2020 | 4151 | 239 | 127 | 11 | 745 | 3278 | 4 |
| May 8, 2020 | 3912 | 386 | 118 | 10 | 679 | 3115 | 4 |
| May 7, 2020 | 3526 | 381 | 108 | 4 | 601 | 2818 | 4 |
| May 6, 2020 | 3145 | 195 | 104 | 5 | 534 | 2507 | 1 |
| May 5, 2020 | 2950 | 148 | 99 | 5 | 481 | 2370 | 4 |
| May 4, 2020 | 2802 | 245 | 94 | 6 | 417 | 2291 | 2 |
| May 3, 2020 | 2558 | 170 | 88 | 2 | 400 | 2070 | 2 |
| May 2, 2020 | 2388 | 220 | 86 | 17 | 351 | 1952 | 2 |
| May 1, 2020 | 2170 | 238 | 69 | 10 | 351 | 1751 | 2 |
| April 30, 2020 | 1932 | 204 | 59 | 7 | 317 | 1556 | 2 |
| April 29, 2020 | 1728 | 196 | 52 | 7 | 307 | 1369 | 2 |
| April 28, 2020 | 1532 | 195 | 45 | 4 | 255 | 1232 | 2 |
| April 27, 2020 | 1337 | 64 | 41 | 0 | 255 | 994 | 2 |
| April 26, 2020 | 1273 | 91 | 41 | 5 | 239 | 994 | 2 |
| April 25, 2020 | 1182 | 87 | 36 | 3 | 222 | 925 | 2 |
| April 24, 2020 | 1095 | 114 | 33 | 1 | 208 | 855 | 2 |
| April 23, 2020 | 981 | 108 | 32 | 3 | 197 | 753 | 2 |
| April 22, 2020 | 873 | 91 | 29 | 3 | 197 | 648 | 2 |
| April 21, 2020 | 782 | 117 | 26 | 3 | 197 | 560 | 2 |
| April 20, 2020 | 665 | 38 | 23 | 1 | 188 | 466 | 2 |
| April 19, 2020 | 627 | 86 | 22 | 2 | 170 | 436 | 2 |
| April 18, 2020 | 541 | 48 | 20 | 2 | 166 | 356 | 2 |
| April 17, 2020 | 493 | 51 | 18 | 4 | 159 | 317 | 2 |
| April 16, 2020 | 442 | 35 | 13 | 1 | 152 | 277 | 2 |
| April 15, 2020 | 407 | 34 | 12 | 1 | 128 | 267 | 2 |
| April 14, 2020 | 373 | 30 | 11 | 1 | 99 | 263 | 2 |
| April 13, 2020 | 343 | 20 | 10 | 0 | 91 | 242 | 2 |
| April 12, 2020 | 323 | 5 | 10 | 0 | 85 | 228 | 2 |
| April 11, 2020 | 318 | 13 | 10 | 3 | 70 | 238 | 2 |
| April 10, 2020 | 305 | 17 | 7 | 0 | 58 | 240 | 2 |
| April 9, 2020 | 288 | 14 | 7 | 1 | 51 | 230 | 2 |
| April 8, 2020 | 274 | 22 | 6 | 0 | 44 | 226 | 2 |
| April 7, 2020 | 254 | 16 | 6 | 1 | 44 | 204 | 2 |
| April 6, 2020 | 238 | 6 | 5 | 0 | 35 | 198 | 2 |
| April 5, 2020 | 232 | 18 | 5 | 1 | 33 | 194 | 2 |
| April 4, 2020 | 214 | 5 | 4 | 0 | 25 | 185 | 0 |
| April 3, 2020 | 209 | 25 | 4 | 2 | 25 | 180 | 0 |
| April 2, 2020 | 184 | 10 | 2 | 0 | 20 | 162 | 0 |
| April 1, 2020 | 174 | 35 | 2 | 0 | 9 | 163 | 0 |
| March 31, 2020 | 139 | 8 | 2 | 0 | 9 | 128 | 0 |
| March 30, 2020 | 131 | 20 | 2 | 1 | 8 | 121 | 0 |
| March 29, 2020 | 111 | 22 | 1 | 0 | 3 | 107 | 0 |
| March 28, 2020 | 89 | 19 | 1 | 0 | 3 | 85 | 0 |
| March 27, 2020 | 70 | 5 | 1 | 0 | 3 | 66 | 0 |
| March 26, 2020 | 65 | 14 | 1 | 0 | 2 | 62 | 0 |
| March 25, 2020 | 51 | 7 | 1 | 0 | 2 | 48 | 0 |
| March 24, 2020 | 44 | 4 | 1 | 0 | 2 | 41 | 0 |
| March 23, 2020 | 40 | 10 | 1 | 1 | 2 | 37 | 0 |
| March 22, 2020 | 30 | 8 | 0 | 0 | 2 | 28 | 0 |
| March 21, 2020 | 22 | 10 | 0 | 0 | 1 | 21 | 0 |
| March 20, 2020 | 12 | 4 | 0 | 0 | 1 | 11 | 0 |
| March 19, 2020 | 8 | 0 | 0 | 0 | 1 | 7 | 0 |
| March 18, 2020 | 8 | 5 | 0 | 0 | 1 | 7 | 0 |
| March 17, 2020 | 3 | 1 | 0 | 0 | 0 | 3 | 0 |
| March 16, 2020 | 2 | 0 | 0 | 0 | 0 | 2 | 0 |
| March 15, 2020 | 2 | 0 | 0 | 0 | 0 | 2 | 0 |
| March 14, 2020 | 2 | 0 | 0 | 0 | 0 | 2 | 0 |
| March 13, 2020 | 2 | 0 | 0 | 0 | 0 | 2 | 0 |
| March 12, 2020 | 2 | 0 | 0 | 0 | 0 | 2 | 0 |
| March 11, 2020 | 2 | 0 | 0 | 0 | 0 | 2 | 0 |
| March 10, 2020 | 2 | 0 | 0 | 0 | 0 | 2 | 0 |
| March 9, 2020 | 2 | 1 | 0 | 0 | 0 | 2 | 0 |
| March 8, 2020 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| March 7, 2020 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| March 6, 2020 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| March 5, 2020 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| March 4, 2020 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| March 3, 2020 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| March 2, 2020 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| March 1, 2020 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| February 29, 2020 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| February 28, 2020 | 1 | 1 | 0 | 0 | 0 | 1 | 0 |
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Yekeen Abdul-Maliq
June 23, 2020 at 3:25 pm
Please let us also know their loan – to – deposit ratios as well as loan loss ratios. These are critical for the assessment of long-run health of our banks.