Zenith Bank posts N203.46 billion pre-tax profit for 2017

Zenith Bank posts N203.46 billion pre-tax profit for 2017

Nigeria’s largest bank by asset base, Zenith Bank plc said it recorded N203.46 billion profit before tax for the full year 2017.

The growth in its profit is significant given the fact that the bank recorded N156.75 billion for the year 2016.

The bank said its net interest income grew significantly to N257.99 billion compared to N240.18 declared in the year before.

The bank said it will pay its shareholders N2.45 per share for the period under review.