10 banks raked in N1.57tn interest income in 2021 – Reports

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

The most widely read newspaper in Nigeria

Ten Deposit Money Banks in Nigeria earned a total of N1.57tn in net interest income last year, up from N1.49tn as of December 31, 2020.

An analysis of data from their audited financial statements for the period ended December 31, 2021 showed that seven of the banks boosted their net interest income, their main source of revenue, while the rest witnessed a decline. Zenith Bank earned the largest net interest income of N320.8bn in 2021, up 30.12 per cent from N299bn recorded in 2020.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yet they steal customer funds from accounts wehdon!!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in LOANS

Loans Loans Latest News, Loans Loans Headlines