In a clear demonstration of its resilience, Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2021, with Profit After Tax (PAT) rising by 5% to N53.1 billion, from N50.5 billion recorded in March 2020. This is despite a very challenging macroeconomic environment aggravated by the COVID-19 pandemic.
From the unaudited statement of account presented to the Nigerian Stock Exchange (NSE) on Friday, 30th April 2021, the Group’s Profit Before Tax (PBT) also grew by 4%, from N58.8 billion to N61.0 billion in the same period.
The profitability was…
