Access bank PLC has just notified the Nigerian Stock Exchange that it will be delaying the release of its half year 2016 financial result.
While the bank did not provide any reason for the delay in the releasing the result, Access Bank said
“…our Board of Directors will be meeting on July 28, 2016 to approve the banks; half year audited financial result after which it will be submitted to the Central Bank of Nigeria for approval
The bank pledged to release the result “not later than August 31, 2016”.
In its Q1 2016 earnings report, the company posted a gross income of NGN52 billion compared to NGN46 billion it recorded in the same quarter last year. This was a growth of approximately 20%.
Its half year result would show how the bank has sustained its growth story in the midst of a challenging business climates for banks.
The content on this site, including news, quotes, data and other information, is sourced by PageOne.ng from official and public sources and other third party content providers for your personal information only, and is not intended for trading purposes. Content on this site is not appropriate for the purposes of making a decision to carry out a transaction or trade. Nor does it provide any form of advice (investment, tax, legal) amounting to investment advice, or make any recommendations regarding particular financial instruments, investments or products.