Annual Financial Report

"We at Diamond Bank are pleased to announce continued success in implementing our strategy across the group, following another year of strong top line growth and an asset base that grew from N1.5 trillion to N1.9 trillion in 12 months.

Amidst regulatory headwinds that characterized the industry, and a dynamic macroeconomic environment, growth was recorded in operating income although our profit before tax dropped from 2013 levels on the back of higher operating expenses and loan impairment charges.

For further growth and profitability in 2015, we shall continue implementation of our digital banking strategy rigorously, and this will go a long way to reduce operating costs and drive customer acquisition as we seek to increase market share by converting existing bank account holders and attracting those who are owning formal bank accounts for the first time.

We are encouraged by these positive results and sustenance of our business growth, and affirm our commitment to continue delivering healthy shareholder returns in 2015 and beyond."

Uzoma Dozie

Group Managing Director/CEO

Key Ratios & Per Share Data

• Capital Adequacy Ratio of 17.5% (17.3% Dec 2013)

• Loan to deposit ratio at 55.6% (59.6% Dec 2013)

• Liquidity ratio 41.7% (41.8% Dec 2013)

• Cost of risk 3.4% (3.5% Dec 2013)

• Coverage Ratio of 93.3% (116.1% Dec 2013)

• Net Interest Margin of 6.6% (8.1% Dec 2013)

• Cost to income ratio of 64.6% (60.3% Dec 2013)

• NPL ratio of 5.1% (3.5 % Dec 2013)

• ROAE of 14.7% (23.0% Dec 2013)

• EPS of 166(k) (197k Dec. 2013)

• DPS of 10(k) (30k Dec. 2013)

For the detailed Profit and Loss account, Balance Sheet, Cashflow statement and notes to accounts, please visit our website - http://www.diamondbank.com

Group Statement of Comprehensive Income

Group Statement of Financial Position

About Diamond Bank plc

Diamond Bank Plc began as a private limited liability company on March 21, 1991 (the company was incorporated on December 20, 1990). Ten years later, in February 2001, it became a universal bank. In January 2005, following a highly successful Private Placement share offer which substantially raised the Bank's equity base, Diamond Bank became a public limited company. In May 2005, the Bank was listed on The Nigerian Stock Exchange.

Today, Diamond Bank is one of the leading banks in Nigeria - respected for its excellent service delivery, driven by innovation and operating on the most advanced banking technology platform in the market. Diamond Bank has over the years leveraged on its underlying resilience to grow its asset base and to successfully retain its key business relationships.

We have retained excellent banking relationships with a number of well-known international banks, allowing us to provide a bouquet of world class banking services to suit the business needs of our clients. These international banking partners include Diamond bank UK, Bank of Beirut; BanqueLibano-Francaise, BHF Bank, BNP Fortis, BNP Paribas, Byblos Bank, Citibank, Commerzbank, Credit Suisse, Deutsche Bank, FBN (UK) Limited, HSBC Bank, ING Bank, KBC Bank, Mashreq Bank, Nordea Bank, SMBC Ltd, Standard Bank, Standard Chartered, SvenskaHandelsbanken, UBS Zurich.

More information can be found at www.diamondbank.com