FCMB Group Plc has successfully completed the issuance of a N26,000,000,000 Perpetual 16 percent Fixed Rate Resettable NC5.25 Additional Tier I Subordinated Bonds (Series 2 Bond” or “the AT1”) under the N300,000,000,000 Debt Issuance Programme. The offer was well received…
FCMB Group Plc records positive financial performance across key indicators with a 148 per cent growth in profit before tax of N38.2 billion from January to June this year, compared to N15.4 billion in the corresponding period of 2022. Highlights…
FCMB Group Plc have said it is targeting to achieve N79.34 billion gross earnings during the first quarter (Q1) of 2023. This is contained in its Q1 2023 earnings forecast released via the Nigerian Exchange (NGX). The group also projected…
By Philemon Adedeji FCMB Group plc, a full-service banking institution that provides market-proven solutions that drive digital transformation in bank has been maintaining growth trajectory in various measures FCMB Group recorded profitability in most of the parameters. For its unaudited…
FCMB Group Plc sustained its profitable growth trajectory by recording an impressive 42per cent increase in profit before tax at the end of March 2022, a significant jump to N6 billion from the N4.2 billion recorded in the same period…
By Kayode Tokede FCMB Group plc recorded stronger performance in loans & advances to customer and deposit that impacted positively on total assets. The group’s performance for half year ended June 30, 2021 is coming on the heels of macro-economy…
By Kayode Tokede FCMB Group Plc has reported 19.5 per cent Year-on-Year (YoY) drop in its profit before tax to N8.9billion in unaudited result and accounts for period ended June 30, 2021 from from N11.07billion reported in H1 2020. The…
By Kayode Tokede FCMB Group plc audited result and accounts for financial year ended December 31, 2020 showed impressive performance amid numerous macro economy challenges that faced the banking sector last year. The management in the period under review grew…
