GTBank declares N198.85bn for 2019

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GTBank declares N198.85bn for 2019
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The profit after tax represented an increase of 6.6 per when compared with N184.71 billion achieved in the comparative period of 2018.

Profit before tax stood at N231.7 billion from N215.59 billion posted in 2018, an increase of 7.5 per cent.

Also, interest expense was down by 23.3 per cent to N64.84 billion as against N84.530 billion achieved in 2018. Total assets stood at N3.76 trillion, up by 14.3 per cent when compared with N3.29 trillion declared in the corresponding period of 2018. “We have delivered good results in spite of a challenging market, characterised by varying degrees of uncertainty and a rapidly changing competitive landscape.

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