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FBN Holding records 413% profit in Q3 2023

First Bank restates commitment to support FMCG wholesalers
First Bank restates commitment to support FMCG wholesalers

One of Nigeria’s biggest banks, FBN Holdings Plc, published its 2023 second-quarter results, indicating pre-tax profits increased by five times, to N150.1 billion (Q2 2022: N29.2 billion).

Its half-year profit before tax increased by 213% to N206.2 billion from N65.8 billion during the same period the previous year due to the second-quarter profit growth.

Details to come later…

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