Access Bank sees strong performance in first half of 2015
The bank recorded a strong performance in the first half of the year, reasserting its capacity and resolve to deliver strong returns in spite of a tighter operating environment.
The bank is proposing an interim dividend of approximately $0.13 U.S.per share.
“The results reflect the bank’s concerted efforts to deliver on its growth objectives for 2015. The first half of the year was defined by significant macro-economic and policy headwinds with major impact on all aspects of our business," Group Managing Director Herbert Wigwe said. The group, despite those challenges, reported improved profits in the first half of the year with significant contributions from our securities trading business.
“We are particularly pleased with the strong support from our shareholders as they exercised their rights during the recently concluded offer. ... The successful capital raise underscores the overwhelming support of our shareholders and their belief in management’s ability to deliver long-term value,” he said.