BUSINESS

Access Bank Loses N8bn As Share Price Depreciates By 2.7%

 

Access Holding Plc share price has depreciated by 2.7% to close the week at N9.05 and the market capitalization lost N8 billion to stand at N321 billion.

NewsBeatng reports that the bank released its latest earnings report for the period ended September 2022, which revealed a profit of N48 billion.

This is a 31% increase compared to the profit report during the comparable period in 2021.

The financial report also showed that interest income rose by 34% from N154.941 billion to N115.543 billion in the current period.

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