By InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s rescued lender, Union Bank of Nigeria Plc (UBN) said on Wednesday its profit after tax (PAT) for the second quarter (Q2) report ended June 30, 2015 inched up 1.8 percent to N6.458 billion from N6.343 billion recorded a year earlier.

Also, profit before tax (PBT) increased marginally 2.3 percent to N6.614 billion from N6.468 billion recorded the same period of 2014.

Gross earnings of Union Bank of Nigeria grew 5.8 percent from N52.883 billion to N55.958 billion in the review period of 2015, the lender said in a filing with the Nigerian Stock Exchange (NSE).

Shares of UBN declined 0.24 percent to N8.35 from N8.37 recorded the previous session losing 0.02 kobo per share.