FCMB Group Plc has reported gross revenue of N94.2 billion and Profit Before Tax (PBT) of N8.9bn in the first half of 2021.
The highlights of the group’s unaudited results released on the floor of the Nigerian Exchange (NGX) indicated an increase in non-interest income to N17.9bn from N17.5bn in 2020.
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Loans and advances grew by 15% Year-on-Year and 3% Quarter-on-Quarter to N916.7bn in June 2021.
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Customer confidence in FCMB remained strong, as deposits fund were up by 21% Year-on-Year and 1% Quarter-on-Quarter to N1.3 trillion within the six months of this year, while total assets increased by 14% Year-on-Year and 4% Quarter-on-Quarter to N2.24tr.
Its Assets Under Management (AUM) grew by 10% Year-on-Year to N500bn in June 2021.
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