FCMB Group grows profit by 6.66% to N20.92b in 2021

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    FCMB Group Plc, a Nigeria’s leading provider of comprehensive banking and financial services to its wholesale and retail customers has released its audited Annual report and financial statements year ended 31 December 2021 with 6.66% growth in group profit after tax to N20.917 billion from N19.610 billion in 2020.

    Group gross earnings also rose to N212.012 billion from N198.371 billion in 2020.

    Through ownership of FCMB Group Plc, shareholders own 100% of the following subsidiaries; FCMB Capital Markets Limited, FCMB Trustees Limited (formerly CSL Trustees Limited), FCMB Microfinance Bank Limited, Credit Direct Limited, CSL Stockbrokers Limited (including its subsidiaries FCMB Asset Management Limited and CSL Capital, UK, Limited) and First City Monument Bank Limited (and its subsidiaries – FCMB, UK, Limited and FCMB Financing SPV Plc) and 92.80% of FCMB Pensions Limited.

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