Tag: Gross Earnings
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UBA Delivers Double-Digit Growth in Gross Earnings, as Profit Hits N132bn
Pan-African financial institution, United Bank for Africa Plc (UBA) has announced its audited results for the full-year ended December 31, 2020, recording impressive growth across its top and bottom lines. The 2020 audited financials filed at the Nigerian Stock Exchange (NSE) on Monday, showed that bank’s gross earnings grew by 10.8 percent to N620.4…
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Fidelity Bank Announces Gross Earnings of N105.8bn in H1 2020
The gross earnings of Fidelity Bank in the first half of 2020 rose to N10.5.8 billion from N103.7 billion in the same period of 2019. This was as the interest income rose to N87.1 billion from N84.3 billion, while the interest expense reduced to N39.3 billion from N48.9 billion, leaving the net interest income at…
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UBA Shows Resilience as Gross Earnings hit N375 billion, with Group profit of N79 billion
United Bank for Africa Plc, the pan African financial institution with presence in 20 African countries has announced its unaudited 2018 Third Quarter Financial Results, with impressive growth in Gross Earnings, which berthed at N374.8 billion, an 12.3 percent increase when compared to N333.9 billion recorded in the corresponding period of 2017. According to the…