in Short

Bank Access Bank Plc achieved 16% growth in profit

Access Bank Plc achieved 16% growth in profit after tax (PAT) to 102.3 billion naira ($ 270 million) for the nine months ended September 30, 2020, from 88.4 billion naira ($ 232 million) recorded during the same period in 2019. A solid result despite the current economic context marked by the Covid-19 pandemic and the resulting drop in the price of oil. The bank’s pre-tax profit also jumped 16% to 116.6 billion naira ($ 306 million) as shown in results released on November 19 on the Nigerian Stock Exchange (NSE), according to a report. relayed by Financial Afrik.

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