By InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Guaranty Trust Bank Plc (GTBank) said on Wednesday its pretax profit for the period ended June 30, 2016 rose 44.8 percent to N91.3 billion from N63.1 billion recorded a year ago.

Similarly, profit after tax (PAT) of the bank grew 45.1 percent to N77.4 billion from N53.3 billion declared the same period of 2015.

Gross earnings of the lender, climbed up 37.2 percent to N209.8 billion from N152.9 billion posted the corresponding period of 2015, GTBank said in a filing with the Nigerian Stock Exchange (NSE).

The lender has proposed an interim dividend of 25 kobo per share to its shareholders.

Click here to download Group Financial Statements, Together with Directors and Auditors Report of Guaranty Trust Bank Plc for Half-Year Ended June 30, 2016