Zenith Bank’s Pre-tax Profit Hits N180bn 

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TDPel Media

This is a 1% increase over the N177 billion reported in the same time previous year. Zenith Bank also stated in a statement on Sunday that due to increases in current account maintenance fees and electronic items, its gross earnings increased by 2% from N509 billion in Q3 2020 to N519 billion in Q3 2021. “Despite persisting economic uncertainty, the group grew its net earnings through a reduction in the cost of capital while keeping the cost of risk flat—this improved earnings per share by 1% to NGN5.1,” according to the statement. “The group achieved a nine per cent growth in interest income …

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