By InvestAdvocate

Lagos (INVESTADVOCATE)-Lender, Union Bank of Nigeria Plc (UBN) said on Tuesday its half-year (H1) pretax profit for the period ended June 30, 2016 climbed up 38.3 percent to N8.92 billion from N6.62 billion recorded a year ago.

Similarly, profit before tax (PBT) grew 35.8 percent to N8.76 billion from N6.45 billion posted the same period of 2015.

Gross earnings of UBN increased 8.45 percent to N60.06 billion from N55.38 billion declared in the H1 period of 2015, the lender said in a filing with the Nigerian Stock Exchange (NSE).

Click here to download Union Bank of Nigeria Plc Half Year Interim Report for June 30, 2016