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In: Banks
13 Nov 2009Cordros Capital has prepared a summary of the profit and loss information for the Nigerian banks. And it is not pretty. All but one (Guaranty Trust Bank) announced steep drops in profit. Guaranty Trust Bank’s profit increased 2.5%.
Profits decreased by as much as 200% for some of these banks. Examples include Access Bank, Ecobank and FCMB.
Check the document below:
Profit And Loss Summary For Banks (380)This blog is dedicated to informing users on the latest business and economic news news from the CBN and Nigerian Stock Exchange. Happy reading!