![Image result for access bank](https://i2.wp.com/www.pmnewsnigeria.com/wp-content/uploads/2018/07/Access-Bank.jpg?resize=700%2C350&ssl=1)
This was disclosed at the 30th Annual General Meeting (AGM) of the company held on Sunday in Lagos.
The board of directors of the institution led by Mosun Belo- Olusoga had proposed a final dividend of 25 kobo per ordinary shares, totalling N7.23 billion, which equals the interim dividend of 25k per ordinary share earlier paid at mid-year.
Meanwhile, the bank, alongside its subsidiaries, has posted N95 billion as profit after tax (PAT) for the year.
The Group Managing Director/Chief Executive Officer (GMD/CEO) of the bank, Herbert Wigwe, while addressing shareholders noted that the business recorded increase in profits by displaying financial strength in a lackluster operating environment.
He said, “the strength of the performance reflects a growing franchise supported by digital analytics and customer service touchpoints.”
Gross earnings of the bank went up by 15.2% – from N459 billion in 2017 to N529 billion in 2018; profit before tax appreciated to N103 billion, 32% higher than the 2017 record of N78 billion and N88 billion in 2016.
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