Access Bank Nigeria Plc operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Access Bank Nigeria Plc with three other
companies in this sector in Nigeria:
Zenith Bank Plc
sales of 507.76 billion Naira [US$1.67 billion]
United Bank of Africa PLC
(374.50 billion Naira [US$1.23 billion]
of which 61%
was Retail and commercial banking), and
Guaranty Trust Bank PLC
(406.96 billion Naira [US$1.33 billion]
of which 52%
was Corporate Banking).
Access Bank Nigeria Plc reported sales of 381.15 billion Naira (US$1.25 billion)
December of 2016.
increase of 13.0%
versus 2015, when the company's sales were 337.25 billion Naira.
This was the third consecutive year of growth at Access Bank Nigeria Plc.
Sales of Personal Banking saw an increase
that was more than double the company's growth rate: sales were up
38.7% in 2016, from
47.23 billion Naira to 65.52 billion Naira.
Access Bank Nigeria Plc also saw significant increases in sales in
Commercial Banking (up 21.6% to 145.07 billion Naira)
Not all segments of Access Bank Nigeria Plc experienced an increase in sales in 2016:
sales of Corporate and Investment Banking fell 0.9% to 141.39 billion Naira.