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Business > Money Market
Zenith Bank records 36% rise in H1 pre-tax profit
By Staff Reporter
July 25, 2012 21:48:38pm GMT      |      Views: 84
Zenith Bank

WorldStage Newsonline-- Zenith Bank Plc, a Nigerian leading financial institution, on Wednesday released its half year result, with pre-tax profit put at N50.16 billion, a growth of 36.34 per cent from N36.79 billion in the same period last year.

According to the bank, first half gross earnings rose from N123.19 billion last year to N151.10 billion, while loan portfolio jumped by 8.77 per cent to N972.24 billion from N893.83 billion in the same period in 2011.

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