Access Bank Plc. for the first half of 2021, has recorded 13.6 percent rise in gross revenue to N450.6 billion.
The bank also in the first half of 2021, recorded an increase in profit of more than two-fifths, finding support from marked improvement in earnings from interest and fees and commission, its two major income sources.
Nigeria’s largest bank by asset, Access Bank, made N86.9 billion profit against the N61 billion reported in the same period of last year, according to the bank’s income statement on Thursday from the Nigerian Exchange Limited.
The bank is ramping efforts to increase the contribution of its foreign operations to total profit to 30 per cent, and has completed at least three acquisitions outside its home market Nigeria so far this year taking it’s total asset to over N10 trillion.
The bank’s board in a separate announcement, conveyed its decision to pay shareholders an interim dividend of N0.30 for every share held by them as at September 16.
As at Thursday, Access Bank shares were quoted at N9.25 per unit in Lagos.
