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Home Business News

ETI records gross earnings of ₦763 billion in 2017

Onome Ohwovoriole by Onome Ohwovoriole
March 21, 2018
in Business News, Company News
Ecobank, SMEs, Digital

ETI Branch

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Ecobank Trans International today released its financial statements for the year ended December 2017. Gross Earnings in Naira increased from ₦665 billion in 2016 to ₦763 billion in 2017.

 

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The bank made a profit before tax of ₦88.3 billion in 2017 against a loss before tax of ₦33.7 billion in 2016. Profit after tax was also positive at ₦69 billion against a loss after tax of ₦52.6 billion.

Here is a copy of the result.


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Tags: Ecobank Transnational Incorporated
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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