Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,336 members, 7,957,899 topics. Date: Tuesday, 24 September 2024 at 11:58 PM |
Nairaland Forum / Nairaland / General / Business / Access Bank Records N381.3billion Income (6518 Views)
Zenith Bank Records N166.8 Billion Earnings In Q1 2020 / Zenith Bank Records Improved Gross Earnings Of N166.8billion In Q1 2020 / Access Bank Records N4bn Impairment On 9mobile Loan (2) (3) (4)
Access Bank Records N381.3billion Income by GoodGovernance: 11:00am On Mar 22, 2018 |
Access Bank Plc has released its audited results for the year ended 31 December, 2017,with total Income of N459.1 billion, representing an increase of 20 percent over N381.3 billion recorded in 2016. The growth in total income was mainly due to a 29 per cent increase in interest income at N319.9 billion in 2017,(representing 84% contribution).from N247.2 billion in 2016. However, Profit Before Tax, PBT, declined by 11 percent to N80.1 billion in 2017,compared to N90.3 billion in 2016.This was due mainly to the adverse lingering effects of the macro factors on asset quality in the industry. Asset Impairment charges amounted to N34.47billion in 2017,compared to N21.95billion, in 2016. Net Interest Income(Interest Income less Interest Expenses) grew by 17 percent ,at N163,452 billion in FY 2017, compared to N139,148 billion in 2016. Non-Interest Income grew by five percent to N139.1 billion, in 2017 from N133.4 billion in 2016.l The growth in the group’s Interest nIncome was boosted by an expansion in its core business of credit lending,as loans and advances grew 11 percent to N2,064 trillion in 2017, from N1,855 trillion in December 2016. Total assets grew 18 percent to N4,102 trillion in December 2017, from N3,484 trillion in the corresponding period in 2016. Additionally, the group recorded an increase of 13 percent in shareholder returns of N515 billion in December 2017, from N454 billion in 2016. The Group proposes a final dividend of 40kobo per share to its shareholders, in addition to 25kobo interim dividend paid during the period, making a total of 65kobo for the financial year. https://www.financialdigest.com.ng/blog/2018/03/22/access-bank-records-n381-3billion-income/ |
Re: Access Bank Records N381.3billion Income by hubtiva: 11:11am On Mar 22, 2018 |
1 |
Re: Access Bank Records N381.3billion Income by lakesider(m): 7:04am On Mar 23, 2018 |
And Nigeria economy is nt growing ? Something is wrong somwhere 1 Like 1 Share |
Re: Access Bank Records N381.3billion Income by Temmywalex: 7:04am On Mar 23, 2018 |
Good. |
Re: Access Bank Records N381.3billion Income by kcy(m): 7:06am On Mar 23, 2018 |
our alawi God go punish access for unnecessary deductions 10 Likes 1 Share |
Re: Access Bank Records N381.3billion Income by obaataaokpaewu: 7:06am On Mar 23, 2018 |
How many percent from Illegal deductions from customers accounts? 1 Like |
Re: Access Bank Records N381.3billion Income by haibe(m): 7:07am On Mar 23, 2018 |
More news like this on Nairaland pls. CC: Seun |
Re: Access Bank Records N381.3billion Income by Nobody: 7:07am On Mar 23, 2018 |
kcy:abi 1 Like |
Re: Access Bank Records N381.3billion Income by pawesome(m): 7:08am On Mar 23, 2018 |
Next |
Re: Access Bank Records N381.3billion Income by recievesense: 7:08am On Mar 23, 2018 |
declining economy |
Re: Access Bank Records N381.3billion Income by haibe(m): 7:08am On Mar 23, 2018 |
So |
Re: Access Bank Records N381.3billion Income by frinx: 7:10am On Mar 23, 2018 |
Corper's alawee played a part in this 4 Likes |
Re: Access Bank Records N381.3billion Income by dust144(m): 7:10am On Mar 23, 2018 |
Nice one, will it add to my account bal? |
Re: Access Bank Records N381.3billion Income by nony43(m): 7:11am On Mar 23, 2018 |
Very useless bank, with their outrageous charges 1 Like |
Re: Access Bank Records N381.3billion Income by romelady(f): 7:13am On Mar 23, 2018 |
after deducting money from peoples alawee. mtchewww 1 Like 1 Share |
Re: Access Bank Records N381.3billion Income by FarahAideed: 7:14am On Mar 23, 2018 |
90 percent from illicit charges 5 Likes 1 Share |
Re: Access Bank Records N381.3billion Income by Quality20(m): 7:14am On Mar 23, 2018 |
after cheating depositors 1 Like 1 Share |
Re: Access Bank Records N381.3billion Income by Rexnegro(m): 7:15am On Mar 23, 2018 |
Wow |
Re: Access Bank Records N381.3billion Income by Nobody: 7:19am On Mar 23, 2018 |
The banks are making profits now. Amcon shud return thier bad loans to them jare |
Re: Access Bank Records N381.3billion Income by datola: 7:23am On Mar 23, 2018 |
All these banks with unproductive income. |
Re: Access Bank Records N381.3billion Income by Nobody: 7:23am On Mar 23, 2018 |
lakesider:As per Economy, Nigeria is not going backward and neither is it stagnant.. Get your facts before you talk shit |
Re: Access Bank Records N381.3billion Income by davide470(m): 7:24am On Mar 23, 2018 |
yeyerolling:They have always been making money, not as much as they should have. Also, AMCON did not take the bad loans. The banks are taking care of their bad loans by making provisions for them in their books. |
Re: Access Bank Records N381.3billion Income by dubai4eva: 7:26am On Mar 23, 2018 |
Yeeeeee youth coppers alawe. Access why? |
Re: Access Bank Records N381.3billion Income by eleojo23: 7:29am On Mar 23, 2018 |
The N50 stamp duty they always deduct from my account is part of that income 1 Like |
Re: Access Bank Records N381.3billion Income by calddon(m): 7:31am On Mar 23, 2018 |
De should share dis moni amongst dia loyal customers like me nah |
Re: Access Bank Records N381.3billion Income by Lomprico2: 7:33am On Mar 23, 2018 |
Na all their customer money whey dem dey tif small small be dat. Criminals!! |
Re: Access Bank Records N381.3billion Income by RomeoEmpire(m): 7:36am On Mar 23, 2018 |
GoodGovernance:Gowon Yakubu shared in his facebook page list of achievements by past leaders irrespective of corruption. There was corruption in Nigeria when Awolowo built Cocoa House, TV station and the first university in Africa There was corruption in Nigeria when IBB built Third Mainland Bridge, built Aso Rock, National Assembly Complex, turned Abuja into our Federal capital territory. http://www.newslinknaija.com/2018/03/politics-gowon-yakubu-blast-buhari-stop.html There was corruption in Nigeria when Obasanjo brought Gsm, banking reform, police reform, civil defense, There was corruption in Nigeria when Jonathan introduced BVN and PVC, built 12 new federal universities, revamped railway lines, made Our economy fastest growing in Africa & third in the world. http://www.newslinknaija.com/2018/03/politics-gowon-yakubu-blast-buhari-stop.html If anyone tell you the reason Buhari is not working is because he inherited corruption, tell them great leaders don't blame people and events for their failures. They simply accept responsibility and move on. Ask them, what has Buhari done after all the fake promise of fixing power in 6wks, reducing pump price to #45 naira, making N1 equal to a $ 1, stopping Boko Haram etc. It's a shame. The inferno truth is, corruption started from heaven when Satan violated a privilege given him. That never stop God's works. He waited for God to create man and brought his lawlessness and corruption into the garden of eden. God wasn't moved. He introduced a redemption plan. The Savior was born. Sadly, Judas Iscariot was there. Not discouraged yet, He gave us God the Holy Spirit. If anyone tell you the reason Buhari is not working is because he inherited corruption, tell them corruption is rooted in the DNA of homo sapiens ( Latin: wise man ) because we are just mere mortal infected with a virus of good & evil. Yet, great leaders don't blame people and events for their failures. They simply accept responsibility and move on. #InecWillNotCountPrayerPointsButVotes. Please, strive and endeavor to collect your PVC. 2 Likes 1 Share |
Re: Access Bank Records N381.3billion Income by Clemsworld(m): 7:36am On Mar 23, 2018 |
[b][/b]our Alawee After FG force corpers to open new account with u U charge corpers for; account maintainance #1000 card maintainance #1600 ATM card charge #1000 monthly card maintainance #50 x12 Account statement print out #250 Plus other fraudulent charges All these deductions , multiply by 150,000 corpers annually . Tell me why them no go make profit. One day I will sue them for all these frauds and demand for interest. 3 Likes 2 Shares |
Re: Access Bank Records N381.3billion Income by agarawu23(m): 7:44am On Mar 23, 2018 |
Legally or illegally? Stealing 1#, 2# from customers account 1 Like |
Diamond Bank Divests Fully From UK Subsidiary / Get A Virtual Dollar Card With No Spending Limit / Want To Sell Your Solar Panels? We Buy Used Solar Panels. Used/Scapped Batteries
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 23 |