on Monday declared profit after tax of N73.67 billion in its audited result for the financial year ended December 31, 2019.
Its gross earnings rose by 6.7 per cent to N627.01 billion from N587.41 billion in the corresponding period of 2018. Non-Performing Loan ratio returned to single digit at 9.9 per cent against 24.7 per cent achieved in 2018. “We are happy to close the 2019 financial year on positive notes across a number of key metrics, giving the Group a clean-slate to accelerate its growth plan as we conclude the 3-year Strategic Planning Cycle which ran from 2017-2019 and commence a new cycle.
According to him, these deliberate steps have seen the NPL ratio of the company’s vintage book remain below 1 per cent.
Despite this profit I was paid 1200 as dividend. Diaris gawd oo
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