Showing posts with label Deposits. Show all posts
Showing posts with label Deposits. Show all posts

Thursday, April 9, 2015

FirstBank’s N410bn earnings leads as Tier 1 banks results tumble in

Among Tier-1 Nigerian banks, First Bank of Nigeria Limited led others with N410.6 billion recorded in full year 2014 gross earnings, up by 21% year-on-year (y-o-y) against the 2013 level of N339.3 billion.

FirstBank’s N410bn earnings leads as Tier 1 banks results tumble inRecall that of  the bank’s rivals, GT Bank plc reported N278.520bn full year 2014 gross earnings; Zenith Bank plc reported N403.3bn gross earnings in same period; Access Bank plc recorded gross earnings of N245.1bn; United Bank for Africa plc reported N290.02bn gross earnings in full year 2014; while Stanbic IBTC Holdings plc recorded N130.6bn as 2014 gross earnings.

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