By InvestAdvocate

Lagos (INVESTADVOCATE)-Skye Bank Plc on Friday said it has posted a loss after tax of N40.73 billion in its audited year ended December 31, 2015 compared to N18.72 billion profit a year ago.

Similarly, the lender reported a loss before tax (PBT) of N37.65 billion compared to a profit before tax (PBT) of N19.45 billion in the corresponding period of 2014.

However, interest income climbed up 18.6 percent to N127.90 billion from N107.84 billion posted a year earlier, Skye Bank said in a filing with the Nigerian Stock Exchange (NSE).