Cuts bad-loan charges by 73.5%, grows deposits to N36.9trn
Access Holdings Plc grew its profit before tax (PBT) by 8.3 per cent to N667.4 billion in the nine months ended September 30, 2026, from N616.2 billion recorded in the corresponding period of 2025, as a sharp reduction in bad-loan charges boosted earnings.
The financial services group also recorded a 5.9 per cent increase in profit after tax to N474.2 billion, compared with N447.5 billion in the same period last year.
A major driver of the performance was the 73.5 per cent reduction in impairment charges, which fell from N350 billion to N92.9 billion.
The decline in charges for loans that may not be recovered helped ...
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Access Holdings’ profit rises 8.3% to N667.4bn
Source: Sun News Online
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