Nigeria's Intercontinental Bank Plc Declares Full Year Audited Results
| Sector: |
Banking |
| Year End: |
29th February |
The just-released results of Intercontinental Bank Plc show impressive numbers in various performance parameters.
Total assets plus contingents growth of 108% over the last financial year, to close at N1.7 trillion, is clearly an impressive result for the year. The deposit base jumped a sizable 126%, to close at N1.05 trillion.
Similarly, revenue and profit performance recorded strong growth. The table below shows details of gross earnings, PBT and PAT performance: .
| PRESTIGE ASSURANCE |
Year 2008
N' Million |
Year 2007
N' Million |
Change % |
| Gross Earnings |
173,500.00 |
87,300.00 |
|
| Profit Before Tax |
45,600.00 |
22,500.00 |
|
| Tax |
10,800.00 |
7,000.00 |
|
| Profit After Tax |
34,700.00 |
15,480.00 |
|
| Proposed Dividend |
40k per share (final) |
| Bonus |
N/A |
| Closure of Register |
June 20, 2008 |
| Payment Date |
N/A |
NSE Closing Figures
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