Zenith Bank Plc has announced its unaudited results for the first quarter (Q1) ended 31st March 2021, showing a profit before tax (PBT) of N61 billion, which was four per cent higher than the N58.8 billion posted in the corresponding period of 2020. The bank’s Profit After Tax (PAT) also grew by five per cent to N53.1 per cent from N50.5 billion in Q1 2020. According to the bank, the profitability was driven by the optimisation of the cost of funds and improvement in non-interest income as its cost of…
Read MoreZENITH BANK POSTS N61BN PROFIT BEFORE TAX IN Q1
