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Abbey Mortgage Bank Plc yesterday held its 29th Annual General Meeting with shareholders.
The meeting which took place in Lagos, brought together board members, regulators, shareholders, and other key stakeholders virtually and physically to review the bank’s performance in the last financial year ended 2020.
Speaking on the bank’s operating results, the Chairman, Board of Directors of the company, Mr. Emmanuel Kanu Ivi, revealed that the bank’s gross earnings grew by 9.5 per cent to N1.52 billion, up from the N1.38 billion it made the previous year, while its operating income grew by 10.5 per cent to N0.98 billion, up from N0.88 billion in 2019.