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Saturday, 12 May 2018

Diamond bank in 2017 account made great loss


From the account statement for 2017 released 11 May, it's seems the year 2017 was not very good for the bank.

In the report by the Nigeria Stock Exchange, the bank made a loss of about 9 billion naira.
The report:

                                                   Billion (N)
Loss before tax                         11.6
Profit before tax                         3.4

This gave a net of                       8.2

However, the bank said they have during the year under review made a loss after tax of N9 billion as against gain after tax of N3.5 billion in 2016

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