County “advantage” still a
drag on return 5
Why ABC? 14
Operational review 24
SOE bank comparison 55
Forecasts & valuation 66
Risk factors 82
Appendices 93
Appendix 1: ABC…an overview 94
Appendix 2: ABC company structure 102
Appendix 3: Board and executive leadership 104
Appendix 4: Risk management framework 105
Appendix 5: County area banking development 111
Appendix 6: Sannong banking overview 115
Appendix 7: Banking regulatory framework 119
Appendix 8: Big 4 banks restructuring summary 124
Appendix 9: Financial summary 125
Disclosure appendix 128
Disclaimer 131