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Access Holdings Releases Performance Breakdown in 9 Months, Revenue, Customer Deposits Hit New High [Video]

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  • Access Holding Plc has announced a revenue of over N3 trillion in the first 9 months of this year
  • The Access Bank parent company also reported that its pre-tax profit during the nine months increased by 89.6%
  • The analyst has provided insight into the performance of Access Bank amid a challenging economic environment

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

Access Holdings Plc, the parent company of Access Bank, has reported a gross revenue of N3.4 trillion in 2024.

This represents a 114.5% increase from the N1.6 trillion in nine months of 2023

Access Bank profit grows by 89% in 9 monthsPhoto credit: Bloomberg/contributorSource: Getty Images

Breakdown of the banks’ performance

Access Holdings’ unaudited results for the third quarter (Q3) showed strong growth with gains across its banking and non-banking subsidiaries, including Access ARM Pensions, Hydrogen Payments, …

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