Jaiz Bank releases 2020 report; profit, total earnings, others increase

Jaiz Bank Plc, the premier Non-Interest Bank in Nigeria, has declared a Profit Before Tax of N3.07 billion for 2020 financial year, a 45.31 per cent increase over N2.11 billion recorded in the previous year.

Gross Earnings from the Report and Accounts for the year ended December 31, 2020, showed a 33.29 per cent growth from N14.71 billion in 2019 to N19.6 billion in 2020.

The bank’s Total Assets during the year under review was N233.59 billion as against N167.27 billion realised in the previous year, representing a 40 per cent growth.

Similarly, there was…