Skye Bank Plc has made public its unaudited results for the third quarter ended June 30, 2008. Highlights of the results shows that after tax profit for the period increased by 235.49 percent from N3.240 billion in the same period in 2007 to N10.870 in 2008. Profit before tax went northwards by 245.36 percent from N4.630 percent in 2007 to N15.990 billion in 2008.
Turnover however grew by 64.46 percent from N28.700 billion it recorded in the same period in 2007 to N47.200 billion in 2008.

Access Bank Plc.

The Bank’s year end result for the period ended 31 March, 2008 made available today revealed that it was only able to increase its turnover for the period by a minimal 0.64 percent from N57.620 billion in 2007 to N57.990 billion in 2008. Profit after tax declined by 1.05 percent from N19.040 billion in 2007 to N18.840 percent in 2008. After tax profit also declined slightly by 0.94 percent from N16.00 billion in 2007 to N15.850 billion in 2008.
Despite the state of the result, the bank has proposed a pay a dividend of 65 kobo to its shareholders as was fore casted during its last public offering sometime in July last year. The closure date is 29 July, 2008 and payment date is 12 August, 2008.

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