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Access bank profit drops by 20.8%

Access bank PLC has declared a 20.8 percent drop in its profit after tax to N12.11 billion from N15.29 billion. The bank in its quarterly … Continue reading Access bank profit drops by 20.8%


Access bank PLC has declared a 20.8 percent drop in its profit after tax to N12.11 billion from N15.29 billion.

The bank in its quarterly report to the Nigerian Stock Exchange posted an interest income N52.17 billion from N102.07 billion recorded previous years for the same period under review.

Its net assets increased by 9.7 percent from N119.21 billion in 2011 to N218.57 billion.