Fixed Income Trading, Low Cost of Funds Boost Zenith’s PAT

September 22, 2020/Cowry Asset Report

Zenith Bank Plc’s financial result in H1 2020 was positive despite the COVID-19 pandemic challenges, ridiculously low interest rate environment and the slump in economic activities. Its positive performance was chiefly boosted by trading gains, low interest expense and decline in tax provision.

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