Access Bank declares N95bn profit for 2018
Access Bank Plc, on Friday declared a profit after tax of N95 billion for the financial year ended Dec. 31, 2018.
In the result released, the gross earnings rose to N528.7 billion which is 15 per cent in contrast to N459. 1 billion posted in the comparative period of 2017 with interest and non-interest income contributing of 72 per cent and 26 per cent, respectively. The bank said that Loans and Advances rose to N2.14 trillion during the period under review against N2.06 trillion in 2017.
“We made solid progress throughout 2018 in line with our 2018-2022 five-year strategy, and we remain committed to the achievement of our strategic imperatives going forward.
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