September 10, 2021/CSL Research Guaranty Trust Bank Plc, now known as Guaranty Trust Holding Company Plc’s H1 2021 AUDITED results showed a significant decline of 18.0% y/y in Interest Income mainly due to a significant dip in interest income on investment securities as portfolio yield on treasury bills closed at […]

September 10, 2021/Cordros Report Event: UBA released its half-year audited financials yesterday afternoon, which showed that the bank recorded strong earnings growth during the period. The core income segment supported this performance, driven mainly by improvements in funding cost as non-core income contrastingly declined year-on-year. Consequently, the bank recorded an […]

September 10, 2021/CSL Research UBA’s H1 2021 AUDITED numbers showed a moderate 8.3% y/y growth in Interest Income to N222.6bn. Net loans to customers grew 20.5% y/y and are up 3.1% in H1 2021 compared with December 2020. Interest Expense on the other hand was down 13.6% y/y (H1 cost […]