It’s looking like a very good start for Keystone Bank, which has published a Q1 profit of N3.72 billion in profit before tax, which by far surpassed its record for the same period in 2017.
In Q1 ’17, the bank recorded a loss of N2.79 billion. The sporadic growth of the bank in 2018 can largely be attributed to the successful divestment by AMCON from the bank, and the five-man transactional board which was set up with the aim of growth and market competitiveness.
In less than one year, internal restructuring of the banks’ mode of operation, service delivery, technology advancement and integrated service models have also been developed, giving customers a variety of ways to access the banking platform.
Some of the bank’s features include its ability to bank with no data, use of Oxygen Chat Banking among others.
Mr Obeahon Ohiwerei, MD/CEO of the bank, has attributed the success of the bank in Q1 to the resilience and hard work of management and staff but also said it was not an easy journey.
Image Credit: Premium times
[…] Keystone Bank makes N3.72bn profit in Q1’18 […]
Comments are closed.