Access Bank Plc has released its audited financial statements with auditor’s report for the half year period that ended on 30th June 2021, with 42.44% rise in group profit to N86.936 billion from N61.035 billion in half year 2020.
Moreover, group gross earnings grew by 13.58% to N450.621 billion from N396.757 billion in H1 2020.
Meanwhile, the board of directors proposed interim dividend of 30 Kobo per ordinary share of 50 Kobo each up from 25Kobo in 2020 each on the 35,545,225,622 issued ordinary shares of 50k each.
Access Bank Plc. is a leading full-service commercial Bank operating through a network of more than 600 branches and service outlets, spanning three continents, 12 countries and 31 million customers. The Bank employs 28,000 people in its operations in Nigeria and has subsidiaries in Sub-Saharan Africa and the United Kingdom (with a branch in Dubai, UAE) and representative offices in China, Lebanon and India.
Listed on the Nigerian Stock Exchange since 1998, Access Bank is a diversified financial institution which combines a strong retail customer franchise and digital platform with deep corporate banking expertise and proven risk management and capital management capabilities. The Bank serves its various markets through four business segments: Retail, Business, Commercial and Corporate.
The Bank has over 900,000 shareholders (including several Nigerian and International Institutional Investors) and has enjoyed what is arguably Africa’s most successful banking growth trajectory in the last twelve years. Following its merger with Diamond Bank in March 2019, Access Bank became one of Africa’s largest retail banks by retail customer base.