Keystone Bank Limited has posted a profit before tax of N2.8bn for the year ended December 31, 2012.

In the same breadth, total comprehensive income of the bank rose by 157 per cent, from a loss of N13.79bn to N7.81bn, while customers deposits rose from N282.75bn to N297.54bn during the period under review, according to a statement from the bank.

Similarly, its gross earnings rose by 105 per cent, from N23.9bn to N49bn, while total assets grew by seven per cent, from N361.48bn to N388.23bn.

A statement from the bank on Monday quoted the Managing Director of the bank, Mr. Philip Ikeazor, as saying that the plan to grow the company was based on three primary elements.

”The first is to ensure a robust IT and e-banking platform is in place and upgraded for prime efficiency. The second is to focus on our customer service. The third is to return the bank to profitability and grow market share.” he said.

Keystone also said the bank would continue to harness the skills of its human capital and cutting edge banking technology to provide premium banking services to corporate and retail customers.

Source: Punch