Access Bank declares N95bn profit after tax for 2018 – Access Bank Plc on Friday declared a profit after tax of N95 billion for the financial year ended Dec. 31, 2018.
The News Agency of Nigeria (NAN) reports that the profit after tax grew by 58 per cent compared with N60.07 billion recorded in the corresponding period of 2017.
The bank’s audited result released by the Nigerian Stock Exchange (NSE) indicated that profit before tax stood at N103.2 billion, against N78.2 billion achieved in 2017, which is an increase of 32 per cent from 2017.
In the result released, the gross earnings rose to N528.7 billion which is 15 per cent in contrast to N459. 1 billion posted in the comparative period of 2017 with interest and non-interest income contributing of 72 per cent and 26 per cent, respectively.
The bank, however, proposed a dividend of 25k per share, bringing total dividend for the year to 50k per share.
The asset base of the bank remained strong and diversified with growth of 21 per cent in total assets to N4.95 trillion in December 2018 from N4.10 trillion in December 2017.
The bank said that Loans and Advances rose to N2.14 trillion during the period under review against N2.06 trillion in 2017.
Customer deposits was said to have increased by 14% to 2.57 trillion in December 2018, from 2.25 trillion in December 2017.
The Group Managing Director of the bank, Mr Herbert Wigwe, said that 2018 marked a significant year of progress amidst an unfavourable macro climate.
“We made solid progress throughout 2018 in line with our 2018-2022 five-year strategy, and we remain committed to the achievement of our strategic imperatives going forward.
“As we continue to invest in our people and technology in order to improve operational efficiency and service touch points with earnings growth in 2019,” Wigwe said.
He said that the contribution of the bank’s subsidiaries to group profits grew by 116 per share to N27.9 billion, underlined by the effective implementation of overall strategy.
“In pursuit of our vision to be one of the leading banks in Nigeria, we took accelerated strides in the last quarter of the year towards achieving our overall retail strategy.
“The merger with Diamond Bank will enable us to fully entrench ourselves in the retail market with a view to lowering our funding cost.
“This transaction is anticipated to be completed by April 2019, resulting in the creation of an enlarged, efficient and digitally led tier 1 retail banking franchise,” he said.
10. Keep in mind that a primary date is not an audition for marriage. First of all you should know the enemy by sight. Everyone knows dating is tough work, but if you find yourself first starting out, issues could be much more confusing. How To find Dating Tips for Teens? However, taking the time to build trust with girls online is one of the important online dating tips for males. †is an more and more frequent question of pregnant women. Studies of velocity courting events usually present extra selectivity amongst girls than among men. It builds self confidence, and women love guys that can show some, however they love shy guys too. Recommender techniques present an awesome potential for online dating the place they may improve the value of the service to customers and enhance monetization of the service. Well, I might say each coin has two sides and there’s an up aspect and down aspect to online dating. If messages and profile descriptions read too nicely, be nervous. You may look at pictures and browse by full profiles as you choose, one user at a time.
One webpage could inform you one thing fully different than one other. This means do not use just any webpage on a free server. Use position-performs to liven up your messages. Use one of the massive search engines like google and yahoo to help you in your search. Now do the same thing besides Google search online dating providers. 1. know what it’s you need to perform when dating. You understand they’re mistaken for you when you are trying to alter them into someone you would actually need to be with or they are trying to alter you. Understand which you could actually like somebody, lust for them, maybe even love them but they can nonetheless be the wrong individual for you. I think, you may be feeling the identical excitement as I’m and you is perhaps having fun with the Stranger Video Chat on Coomeet by chatliv in the same means like me, but in case if you have any question associated to chat options then connect to me any time, it would be my pleasure to serve you or respond to your queries.
Does your date deserve the pleasure of your company? Educate yourself. Check the person’s identify, the company title, and the addresses used. Look for search results with huge domain names. More and more persons are turning to online dating sites looking for romantic partners, however with the opportunities that technology supplies for people to connect, it additionally brings potential danger. Dating tips for shy guys? What are your dating tips? 2. do not forget that courting is about getting to know somebody to see if you are appropriate. Although the web is a direct medium for communication, folks should not pressured into coping with their date prospects because there isn’t any given timeframe for assembly and getting collectively. In addition they convey that you’re appreciative of her selecting to spend her time getting to know you.†– Erika Martinez, Psy.D. You’re contacted online by somebody who seems considering you. Someone who has unrequited affection for an additional individual will not dwell their own life by dating and will take every opportunity to sabotage their beloved’s relationships. The one factor your whole failed relationships have in widespread is (you)! Find out what you two have in frequent and discuss it.
That you must have a bank card to have the ability to pay for the net service. Instead of typing in ‘;teen dating tips,’; find russian brides out what you need assistance with particularly. BE Specific. You could decide what you need assistance on. And once more, I’ll cowl online dating tips that may also help expedite your learning process. You could then kind in, ‘;teen advice, ask out dance.’; Words like like ‘;a,’; ‘;the,’; and ‘;and’; are often filtered out and will not enable you in any respect. Because if it turns into a relationship, then impulsively they really feel like they never knew you in any respect, they fell in love together with your facade. In any case, to be more precise, you are simply chatting with strangers, total stranger whom you haven’t met or seen earlier than. They have some high quality or character trait that you don’t value or desire or can tolerate in a partner. Most individuals, particularly girls, don’t even wish to really feel like they are often ‘matched’ by a computer.