By InvestAdvocate

Lagos (INVESTADVOCATE)- Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Monday its profit for the period ended March 31, 2018 rose 48.6 percent to N27.75 billion from N18.68 billion recorded a year earlier.

Similarly, pretax profit increased 48.1 percent to N33.90 billion from N22.89 billion declared the same period of 2017.

Gross earnings of pan-African lender  grew from N178.38 billion to N198.61 billion in the review period of 2018; showing a growth of 11.3 percent, ETI said in a filing with the Nigerian Stock Exchange (NSE).