A statement on Monday titled ‘CMB records 62 per cent gross earnings growth’, said he disclosed this during the bank’s annual general meeting that held virtually from the corporate headquarters of the bank in Ibadan.
Ogujiofor said, “Despite the adverse economic conditions faced during the last financial year, we are pleased to inform you that the bank experienced a successful financial year with growth in our measures of performance. “We also recorded an increase of 7.3 per cent in our net asset per shares between 2017 and 2018 while there was a slight increase of 8.5 per cent between 2018 and 2019.
In his speech, the Chief Executive Officer and Managing Director, CMB, Kabir Ayinde-Tukur, said the company would target expansion in product offering and aggressive drive to bridge housing deficit in Nigeria.