Last Updated : 9/10/2010
Growth Strategy
To Build growth opportunities by:
  • Deepening relationships and share-of-wallet with existing captive customers, e.g.,
    • Students & parents communities from educational products
    • SME communities from franchise products (strategic alliance with one of the largest FMCG firms in Nigeria)
  • Harnessing our broad low-cost branch network and assets to deliver compelling etail Banking offerings.
  • Exploiting the business synergies with the various subsidiaries and related institutions, e.g.,
    • Downstream oil & gas operators (African Petroleum Plc)
  • Leveraging electronic delivery channels to address customers' unmet needs
    • Electronic funds transfer and online specialized payments
    • Access to online merchant payments
  • Boistering our competencies to develop compelling offerings in four dynamic real sectors where we currently have advantaged positioning
    • Telecoms
    • Oil & Gas
    • Power
    • Heavy Industry (e.g., Cement)
  • Selective participation in big-ticket, high value investment banking transaction