By Modupe Gbadeyanka
The 2017 half year financial statements of FBN Holdings have been released and the group suffered a decline of N10.3 billion in its pre-tax profit.
In the results released today, the firm posted a profit before tax of N35.6 billion in the first six months of 2017 compared with N45.9 billion it achieved a year ago with deposits from customers hitting N3 trillion against N3.1 trillion posted on December 31, 2016.
However, the group raised its net interest income to N164.1 billion in the period under review from N126.1 billion in the corresponding period of 2016.
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