GTBANK REPORTS N238.1 BILLION PROFIT BEFORE TAX FOR 2020

Guaranty Trust Bank Plc, on Thursday, released its audited financial results for the year ended Dec. 31, 2020 to the Nigerian and London Stock Exchanges, announcing a profit before tax of N238.1 billion. The audited result released by the bank showed that profit before tax increased by 2.8 per cent to N238.1 billion compared with N231.7 billion posted in the comparative period of 2019. Net interest income stood at N253.668 billion during the period under review against N291.66 billion in 2019. The group’s loan book grew by 10.7 per cent…

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