Interest income drives Wema Bank’s 18.48% growth

Despite the tough operating environment, Wema Bank plc recorded a double-digit growth in gross earnings, which rose 18.48 percent from N45.79 billion in 2015 to N54.25 billion in financial year ended December 2016, driven by an 18.61 percent and 13.61 percent increase in interest and non-interest income respectively. Overall, the Bank continued to benefit from…

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Source : BusinessDay

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