Access Bank Board Approves 2018 Financial Results
By Modupe Gbadeyanka
The board of Access Bank Plc has approved the financial results of the company for the period ended December 31, 2018.
The financial scorecard of the firm was approved by the board on Monday, January 28, 2019 at a meeting in Lagos.
This was after the highest decision making organ of the lender received the results, reviewed them and said the documents can be forwarded to the Central Bank of Nigeria (CBN) for further scrutiny.
Business Post reports that this is the last full year results the financial institution will release as a stand-alone company.
Its 2019 financial results will comprise an enlarged entity of Access Bank and Diamond Bank. The merger is expected to be completed this April.
“Sequel to our earlier announcement of December 31, 2018, we wish to inform the Nigerian Stock Exchange (NSE) that the board of Access Bank met on January 28, 2019 and approved amongst other things the group’s audited financial statements for the financial year ended December 31, 2018.
“Following the board approval, the said audited financial statements will be forwarded to the CBN for approval after which the exchange will be notified of the result,” the notice signed by Mr Sunday Ekwuochi, the Company Secretary, said.
With this development, investors will be expecting to have a feel of Access Bank’s numbers in the coming days.