By InvestAdvocate
Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Access Bank Plc on Monday said its pretax profit for the period ended March 31, 2016 climbed up 37.5 percent to N22.582 billion from N16.517 billion posted a year ago.
Similarly, profit after tax (PAT) of the bank rose 46.15 percent to N19.418 billion from N13.667 billion recorded in the same period of 2015.
Interest income of Access Bank increased from N46.414 billion in the Q1 of 2015 to N55.437 billion declared in the review period of 2016; showing an increase of 19.56 percent, the lender said in a filing with the Nigerian Stock Exchange (NSE).
