Home Business Capital Access Bank Up Profit To N52.55b In Q1 2021
Capital

Access Bank Up Profit To N52.55b In Q1 2021

Share
Share

BY NKECHI NAECHE-ESEZOBOR–Access Bank Plc, Nigeria’s top lender, said its group was able to grow its profit for the first quarter ended 31, March 2021 from N40.929 billion in Q1 2020 to N52.547 billion at the same quarter of 2021; representing a growth of 28.39%.

The lender disclosed this when it released its unaudited consolidated and separate financial statements for the period ended 31 March 2021, noting that the group net interest income after impairment charges rising to N81.424 billion from N63.630 billion in Q1 2020.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Stanbic IBTC Asset Management Launches Anti-Scam Campaign To Protect Mutual Fund Holders

Stanbic IBTC Asset Management has implemented strong measures to safeguard its customers...

MTN Nigeria Raises N75.18Bn Via Commercial Paper Issuance

MTN Nigeria Communications Plc has announced the successful completion of its Series...

Stanbic IBTC Clinches Multiple Awards At The 2024 FMDQ Gold Awards

Stanbic IBTC Clinches Multiple Awards At The 2024 FMDQ Gold Awards  ...

Access Holdings Reports 82.8% Growth In Q3 PAT To ₦457.7 billion

*As Total Assets Hit To ₦41.1 Trillion   Access Holdings Plc, one...