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FBN Holdings Profit Jumps 60% in H1

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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Nigeria’s biggest bank by branches FBN Holdings just released Half Year (H1), 2020 results showing a 56 percent jump in after-tax profits to N49.46 billion.

Revenues for the period rose by 5.82 percent to N296.5 billion as total assets hit a high of N7.1 trillion.

FBN Holdings stock closed up  by 1 percent to N5 per share today.

Details later…

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