Banks in Nigeria

TABLE OF CONTENTS

Executive Summary 2

Market value 2

Market value forecast 2

Category segmentation 2

Geography segmentation 2

Market rivalry 2

Market Overview 7

Market definition 7

Market analysis 7

Market Data 8

Market value 8

Market Segmentation 9

Category segmentation 9

Geography segmentation 10

Market Outlook 11

Market value forecast 11

Five Forces Analysis 12

Summary 12

Buyer power 13

Supplier power 14

New entrants 15

Threat of substitutes 16

Degree of rivalry 17

Leading Companies 18

Access Bank Plc 18

First Bank of Nigeria Ltd. 21

Guaranty Trust Bank plc 24

Zenith Bank Plc 27

Macroeconomic Indicators 30

Country Data 30

Methodology 32

Industry associations 33

Related MarketLine research 33

Appendix 34

About MarketLine 34

LIST OF TABLES

Table 1: Nigeria banks industry value: $ billion, 2010-14 8

Table 2: Nigeria banks industry category segmentation: $ billion, 2014 9

Table 3: Nigeria banks industry geography segmentation: $ billion, 2014 10

Table 4: Nigeria banks industry value forecast: $ billion, 2014-19 11

Table 5: Access Bank Plc: key facts 18

Table 6: Access Bank Plc: key financials ($) 18

Table 7: Access Bank Plc: key financials (NGN) 19

Table 8: Access Bank Plc: key financial ratios 19

Table 9: First Bank of Nigeria Ltd.: key facts 21

Table 10: First Bank of Nigeria Ltd.: key financials ($) 21

Table 11: First Bank of Nigeria Ltd.: key financials (NGN) 22

Table 12: First Bank of Nigeria Ltd.: key financial ratios 22

Table 13: Guaranty Trust Bank plc: key facts 24

Table 14: Guaranty Trust Bank plc: key financials ($) 24

Table 15: Guaranty Trust Bank plc: key financials (NGN) 25

Table 16: Guaranty Trust Bank plc: key financial ratios 25

Table 17: Zenith Bank Plc: key facts 27

Table 18: Zenith Bank Plc: key financials ($) 28

Table 19: Zenith Bank Plc: key financials (NGN) 28

Table 20: Zenith Bank Plc: key financial ratios 28

Table 21: Nigeria size of population (million), 2010-14 30

Table 22: Nigeria gdp (constant 2005 prices, $ billion), 2010-14 30

Table 23: Nigeria gdp (current prices, $ billion), 2010-14 30

Table 24: Nigeria inflation, 2010-14 31

Table 25: Nigeria consumer price index (absolute), 2010-14 31

Table 26: Nigeria exchange rate, 2010-14 31

LIST OF FIGURES

Figure 1: Nigeria banks industry value: $ billion, 2010-14 8

Figure 2: Nigeria banks industry category segmentation: % share, by value, 2014 9

Figure 3: Nigeria banks industry geography segmentation: % share, by value, 2014 10

Figure 4: Nigeria banks industry value forecast: $ billion, 2014-19 11

Figure 5: Forces driving competition in the banks industry in Nigeria, 2014 12

Figure 6: Drivers of buyer power in the banks industry in Nigeria, 2014 13

Figure 7: Drivers of supplier power in the banks industry in Nigeria, 2014 14

Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Nigeria, 2014 15

Figure 9: Factors influencing the threat of substitutes in the banks industry in Nigeria, 2014 16

Figure 10: Drivers of degree of rivalry in the banks industry in Nigeria, 2014 17

Figure 11: Access Bank Plc: revenues and profitability 19

Figure 12: Access Bank Plc: assets and liabilities 20

Figure 13: First Bank of Nigeria Ltd.: revenues and profitability 22

Figure 14: First Bank of Nigeria Ltd.: assets and liabilities 23

Figure 15: Guaranty Trust Bank plc: revenues and profitability 25

Figure 16: Guaranty Trust Bank plc: assets and liabilities 26

Figure 17: Zenith Bank Plc: revenues and profitability 29