• Companies
  • Updated: September 23, 2023

Access Holdings Plc Records N940 Billion Gross Earnings

Access Holdings Plc Records N940 Billion Gross Earnings

For the second quarter of the 2023 financial year, Access Holdings Plc recorded a gross earnings of N940.311 billion, which indicates a 58.89 per cent increase.

The bank also recorded a profit before tax of of N145.96 billion, which indicates a 71.39 per cent increase

During the period under review, interest Income grew by 63 per cent to N606.837 billion and interest expense also grew to N382.598 billion representing a 118.88 per cent increase.

For the second quarter, Access Holdings also recorded net interest income of N224.239 billion.​​​​​

Net income on fees and commission rose to N88.026 billion, which is a 58.78 per cent increase, loans and advances to customers rose to N6.71 trillion, reflecting a 31.57 per cent increase, while total assets grew to N20.853 trillion. 

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