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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