The company recorded PBT of N661.063million from a loss before tax of N4.297billion in FY’2020.
The annual report also shows that as at December 31, 2021 the bank’s total assets stood at N34.460billion as against N18.520billon in 2020, which represents an increase by 86.07percent. Cash flow from operating activities increased by 54.15percent to N7.291billion in FY 2021 from N4.730billion in 2020.
According to him, “there’s still a lot of work to be done but we remain steadfast to our commitment to a new and reenergised Abbey”
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