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Access Holdings has maintained its position as Nigeria’s largest banking group, with assets reaching N32.6 trillion as of March 31, 2024.
This represents a whopping 22% increase from N26.7 trillion recorded as of December 31, 2023.
This information is contained in the company’s unaudited financial results for the first quarter of 2024 released on the NGX.
During the quarter, the group recorded a 148% year-on-year growth in its pre-tax profit to N202.7 billion from N81.7 billion as of Q1 2023.
The growth in pre-tax profit was linked to the 189% YoY growth in its net interest income to N275.7 billion from N95.3 billion as of Q1 2023.
