Annual Report and Accounts

Overview

The report describes a challenging 2012 shaped by recapitalization: gross earnings were N30,716,386 thousand, up 35% from 2011, while the bank recorded a loss for the year of N5,040,629 thousand. It says the capital-raising process had concluded with regulatory approval for additional capital. The sustainability section describes implementation of the Nigerian Sustainable Banking Principles, including environmental and social risk management and a committee providing oversight of those risks.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2012
Period: Ends 31 December 2012
Publication date: 16 May 2013
Language: English
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Other

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