FBN Holdings posts NGN55.43 billion profit before tax in nine months

interest rate

FBN Holdings, Nigeria’s second-largest lender by asset base said its profit before tax for the first nine months of the year fell to NGN55.43 billion.

This is a slight but significant fall when compared to NGN57.45 billion disclosed for the same period last year.

The bank recovered more loans as its net interest income rose slightly to NGN254.34 billion compared to NGN202.91 disclosed last year.

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