Access Bank’s third quarter results reflect the Bank’s ability to generate sustainable earnings despite the challenging operating environment. Gross earnings grew 33% year-on-year from ₦275bn to ₦365bn, driven primarily by the strong performance on our core revenue lines.
Group net interest income increased 14% year-on-year, driven by the interest rate environment which improved yields on government securities and pricing on our loan portfolio. Non-interest revenue of ₦118 billion was underlined by strong FX income on the Bank’s trading portfolio.
9M-2017-Press-Release (Download)