{"id":466966,"date":"2019-09-09T13:41:00","date_gmt":"2019-09-09T12:41:00","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=466966"},"modified":"2019-09-09T13:41:00","modified_gmt":"2019-09-09T12:41:00","slug":"nigeria-half-year-earnings-accelerated-by-access-bank","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/09\/09\/nigeria-half-year-earnings-accelerated-by-access-bank\/","title":{"rendered":"Nigeria: Half Year Earnings Accelerated by Access Bank"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Access Bank&#8217;s after-tax profit was 63 billion naira (approximately 173.8 million USD) in the first half of 2019, compared to 39.6 billion at June 30, 2018, an increase of 59%.<\/p>\n<p>According to the Nigerian bank&#8217;s financial statements published by the Lagos Stock Exchange (NSE), pre-tax profit increased by 61.6 percent to 74.1 billion naira during the reporting period. For its part, earnings per share increased from 1.38 naira in June 2018 to 1.94 naira a year later.<\/p>\n<p>As a reminder, the bank is buying this year the activities of its competitor Diamond Bank Plc, which will increase its size and redistribute the cards in the Nigerian banking market.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Access Bank&#8217;s after-tax profit was 63 billion naira (approximately 173.8 million USD) in the first half of 2019, compared to 39.6 billion at June 30, 2018, an increase of 59%. According to the Nigerian bank&#8217;s financial statements published by the Lagos Stock Exchange (NSE), pre-tax profit increased by 61.6 percent to 74.1 billion naira during<\/p>\n","protected":false},"author":530746,"featured_media":466967,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158,11996],"tags":[401,38],"class_list":{"0":"post-466966","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-bank","8":"category-finance-en","9":"tag-access-bank","10":"tag-nigeria","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria: Half Year Earnings Accelerated by Access Bank - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2019\/09\/09\/nigeria-half-year-earnings-accelerated-by-access-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria: Half Year Earnings Accelerated by Access Bank\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. 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