0.0

5.0

10.0

15.0

20.0

25.0

Jan

-12

Mar

-12

May

-12

Jul-

12

Sep

-12

No

v-1

2

Jan

-13

Mar

-13

May

-13

Jul-

13

Sep

-13

No

v-1

3

Jan

-14

Mar

-14

May

-14

Jul-

14

Sep

-14

No

v-1

4

Jan

-15

Mar

-15

May

-15

Jul-

15

Sep

-15

No

v-1

5

Jan

-16

Mar

-16

May

-16

Jul-

16

Sep

-16

No

v-1

6

Jan

-17

Mar

-17

May

-17

Jul-

17

Sep

-17

4.23.9

3.6

4.2 4.4

5.9

3.9 4.1

6.6

Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17

3.00

4.00

5.00

6.00

7.00

8.00

Jan-15 Mar-15 May-15 Jul-15 Sep-15 Nov-15 Jan-16 Mar-16 May-16 Jul-16 Sep-16 Nov-16 Jan-17 Mar-17 May-17 Jul-17 Sep-17

USDGHS EURGHS GBPGHS

36.2%46.3% 43.8%

50.2% 53.8%60.8%

72.2% 73.3% 68.6%

-5.8% -6.5% -4.0% -12.0% -10.1% -9.5% -6.7% -8.7% -2.7%

2 0 0 9 2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 *

Public Debt/GDP Fiscal Deficit/GDP

ΔY/Y

(17.6)PERCENT

SEPT. 2017

21.0PERCENT

SEPT. 2016

25.5PERCENT

ΔY/Y

32.0PERCENT

JULY 2017

55.7GHS Billion

JULY 2016

42.2GHS Billion

ΔY/Y

33.0PERCENT

JULY 2017

89.1GHS Billion

JULY 2016

67.0GHS Billion

ΔY/Y

17.8PERCENT

JULY 2017

37.8GHS Billion

JULY 2016

32.1GHS Billion

ΔY/Y

9.4PERCENT

JULY 2017

20.9PERCENT

JULY 2016

19.1PERCENT

ΔY/Y

(14.4)PERCENT

JULY 2017

14.3PERCENT

JULY 2016

16.7PERCENT

The monetary policy rate has been on a declining trajectory sinceNovember 2016, which is in line with the Government’s agenda toimprove access to credit

The increase in the NPL ratio is due to increased loan impairments,largely from the energy sector

•

•

•

•

•

•

•

•

•

•

15Active Corr.

Banks

ISSUED SHARES

548.26 MILLION

MARKET VALUE

575.70GHS MILLION

PUBLIC FLOAT

30.88PERCENT

28Branches

87ATMs

EMPLOYEES

792PROFESSIONAL

STAFF

CAL Bank Limited

is an indigenous bank established in Ghana in 1990,

listed on the Ghana Stock

Exchange

SUBSIDIARIES

3WHOLLY OWNED

SSNIT33.2%

ARISE BV27.7%

ICAM4.3%

ADU JR, FRANK B. 2.4%

CENTUM EXOTICS

2.3%

OTHERS30.1%

1. As at October 31, 2017

• • •

186.2

284.3 289.0

90.9

44.6

1.0

43.8

-20.3

231.4

184.2

133.7113.6

69.448.6 37.0 24.7

SCB EGH GCB CAL SOGEGH ADB ACCESS HFC

Q32016 Q32017

7.9

5.4

3.83.3

2.7 2.72.3

1.8

8.3

6.8

4.6

3.93.4

2.92.6

1.9

EGH GCB SCB CAL ADB ACCESS SOGEGH HFC

Q32016 Q32017

5.6

3.9

2.7

1.9 1.9 2.01.6 1.4

6.1

5.0

3.4

2.4 2.32.0 2.0

1.6

EGH GCB SCB ADB CAL ACCESS SOGEGH HFC

Q32016 Q32017

3.5

2.0

1.6

1.2 1.11.3

1.0 1.0

3.5

1.9

1.61.3 1.2 1.2 1.2

0.8

EGH CAL GCB SCB ADB ACCESS SOGEGH HFC

Q32016 Q32017

6.8%

3.9%2.8%

5.3%

7.6%

0.1%

2.2%

-1.6%

7.4%

4.2%3.8%

3.0% 2.9%2.2% 1.8% 1.8%

SCB CAL SOGEGH EGH GCB ADB ACCESS HFC

Q32016 Q32017

37.1%

22.4%

42.3%

23.5%

-13.7%

42.2%

0.4%

13.6%

39.6%

27.9% 26.7% 25.4%

19.1%16.6% 15.5%

11.0%

SCB SOGEGH EGH CAL HFC GCB ADB ACCESS

Q32016 Q32017

11.5% 11.2%

9.4%

6.3%

2.7%3.2% 3.6% 3.4%

11.4%

10.1%

8.7%8.3%

4.9%

3.5%3.0%

2.4%

CAL HFC ACCESS ADB GCB SCB SOGEGH EGH

Q32016 Q32017

80.7%

91.7%

48.1% 49.9%

58.8%

46.7% 42.1%

29.9%

79.2%72.5% 71.9%

68.6%

56.3% 51.0%

39.9%36.3%

HFC ADB GCB ACCESS SOGEGH EGH CAL SCB

Q32016 Q32017

18.5%

22.9% 23.5%

15.7%

10.6%11.6%

15.7%

12.0%

21.5%

19.1% 18.3%16.7%

15.7%14.8%

13.2%

10.2%

SOGEGH GCB SCB EGH ADB HFC CAL ACCESS

Q32016 Q32017

105.9%

63.7% 64.0% 61.6%

73.6%

58.5%

44.2%39.8%

81.8%

61.0% 60.2% 58.5%51.3% 50.0%

37.3%31.4%

CAL SOGEGH ACCESS EGH HFC ADB SCB GCB

Q32016 Q32017

21.6%

27.0%

21.1%

15.2%

11.1%

14.5%

11.3%

14.9%

28.3%

25.0%

22.3%

18.0%16.0% 15.5%

10.8%10.2%

SCB GCB CAL ADB HFC SOGEGH ACCESS EGH

Q32016 Q32017

48.9%

35.2%30.5%

25.7%

17.3%

12.0%8.4%

18.3%

44.9%

38.8%

24.6% 22.8%

16.0%13.0% 12.6% 12.0%

SCB ADB HFC ACCESS SOGEGH GCB CAL EGH

Q32016 Q32017

1

15.4 17.4

33.6

49.1

Q32014 Q32015 Q32016 Q32017

37.9

49.244.3

37.8

64.6

59.4

26.333.5

8.5

9.0

9.0 11.6

Q 3 2 0 1 4 Q 3 2 0 1 5 Q 3 2 0 1 6 Q 3 2 0 1 7

Other Income Net Trading Income

Net Fees & Commissions

129.9

175.9

217.3

259.7

Q32014 Q32015 Q32016 Q32017

117.6

79.582.9

110.9

31.2%

36.5%

42.1%

39.9%

30.0%

33.0%

36.0%

39.0%

42.0%

Q32014 Q32015 Q32016 Q32017

8.6%

6.8%

8.4%

12.6%

5.0%

7.0%

9.0%

11.0%

13.0%

Q32014 Q32015 Q32016 Q32017

10.9%

10.3%

11.0%

13.2%

10.0%

10.5%

11.0%

11.5%

12.0%

12.5%

13.0%

13.5%

Q32014 Q32015 Q32016 Q32017

2

53.6% 50.4%61.8%

47.5%

33.2% 36.0% 19.0%

25.2%

13.2% 13.6% 19.2% 27.3%

0%

20%

40%

60%

80%

100%

Q32014 Q32015 Q32016 Q32017

Loans & Advances Other Interest Earning Assets Other Assets

Agriculture, Forestry & Finishing

<1%

Transport, Storage & Communication

3%

Mining & Quarrying

5%

Manufacturing6%

Miscellaneous4%

Government 10%

Services8%

Commerce & Finance

18%

Electricity, Gas & Water20%

Construction26%

Agriculture, Forestry & Finishing…

Transport, Storage & Communication

8%

Mining & Quarrying

2%Manufacturing8%

Miscellaneous7%

Government 7%

Services14%

Commerce & Finance

21%

Electricity, Gas & Water

9%

Construction24%

23.0%

20.2%

21.1%

22.3%

15.0%

17.5%

20.0%

22.5%

25.0%

Q32014 Q32015 Q32016 Q32017

7.7%

6.0%

3.9%4.2%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

Q32014 Q32015 Q32016 Q32017

45.0%

37.7%

23.5%

25.4%

20.0%

25.0%

30.0%

35.0%

40.0%

45.0%

50.0%

Q32014 Q32015 Q32016 Q32017

0

0.2

0.4

0.6

0.8

1

1.2

0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17

Shar

e P

rice

(G

HS)

Vo

lum

e Tr

aded

Mill

ion

s

Volume Last Price

•

3.86x

2.95x

4.58x

4.82x

Q 3 2 0 1 4 Q 3 2 0 1 5 Q 3 2 0 1 6 Q 3 2 0 1 7

1.30x

0.90x

0.77x

0.90x

Q 3 2 0 1 4 Q 3 2 0 1 5 Q 3 2 0 1 6 Q 3 2 0 1 7

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

•