By InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Wednesday its profit after tax (PAT) for the half-year (H1) period ended June 30, 2016 climbed up 10.6 percent to N1.10 billion from N997.32 million a year ago.

Similarly, profit before tax (PBT) of the bank increased 10.7 percent to N1.3 billion from N1.2 billion posted the same period of 2015.

Interest income of Wema Bank increased to N20.15 billion from N17.49 billion declared the corresponding period of 2015; indicating an increase of 15.2 percent, the mid-tier lender said in a filing with the Nigerian Stock Exchange (NSE).

Click here to download Wema Bank Plc Unaudited IFRS Results for the quarter ended 30 June 2016