Wed Apr 27, 2016/Reuters Nigeria’s biggest banking group FBN Holdings has no need to tap equity markets after an unexpected 119 billion naira ($600 mln) loan loss provision last year but will keep loan growth flat to boost capital, its CEO said on Wednesday. CEO Urum Kalu Eke said the […]
Tag: FBN Holdings Plc
FBNH PAT Declines 8.3% in Q1’16
By InvestAdvocate Lagos (INVESTADVOCATE)-Financial HoldCo, FBN Holdings Plc on Tuesday said its profit after tax (PAT) for the period ended March 31, 2016 dropped 8.3 percent to N20.72 billion from N22.60 billion recorded a year ago. Similarly, pretax for the period declined 18.2 percent to N22.05 billion from N26.94 billion […]
FBNH Says 2015 Pretax Profit Drops 77.1% to N21.51 Billion
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Financial HoldCo, FBN Holdings Plc on Tuesday said its pretax profit for the period ended December 31, 2015 dropped 77.1 percent to N21.51 billion from N94.05 billion recorded a year ago. Similarly, profit after tax (PAT) for the period declined 82 percent to N15.14 billion […]
