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UBA reports N300.6bn gross earnings

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The United Bank for Africa Plc, has announced its audited financial results for the half-year ended June 30, 2020, showing a growth across key performance indices as well as increased contribution fro

m its African subsidiaries.

According to its results filed with the Nigerian Stock Exchange, it recorded N2.2tn in net loans to customers, representing a 6.1 per cent growth even as deposits from customers increased by 25.2 per cent to N4.8tn. The bank’s shareholders’ funds remained strong at N634.7bn, up from N597.9bn in December 2019, driven by growth in retained earnings.

 

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UBA Posts N300bn Gross Earnings, Declares 17kobo Interim Dividend | Leadership NewspaperUBA Posts N300bn Gross Earnings, Declares 17kobo Interim Dividend United Bank for Africa (UBA) Plc, has posted gross earnings of N300.257 billion in its audited financial results for the half year ended June 30, 2020.
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UBA Posts N300bn Gross Earnings, Declares 17kobo Interim Dividend | Leadership NewspaperUBA Posts N300bn Gross Earnings, Declares 17kobo Interim Dividend United Bank for Africa (UBA) Plc, has posted gross earnings of N300.257 billion in its audited financial results for the half year ended June 30, 2020.
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