Access Bank nets N13.7bn profit in three months

0
225

Access Bank Plc has recorded N76.7 billion gross earnings in the first quarter of 2015, about 34 percent increase from N57.3 billion recorded in the same period of 2014.
Interest income and non-interest income also recorded a 17 percent and 47 percent growth respectively.
It recorded N46.4 billion in Q1 2015 from N39.6 billion in Q1 2014; benefiting from a loan portfolio growth in 2014 and improved yields on fixed income securities, while the non-Interest income stood at N30.4 billion in Q1 2015 compared with N17.6 billion in Q1 2014.
Access Bank’s operating income of N54.0 billion grew by 28 percent in Q1 …Read More

Source:: New Mail