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Ecobank Ghana says Q1 2014 net profit up 97.7 pct
April 29, 2014 / 4:37 PM / 3 years ago

Ecobank Ghana says Q1 2014 net profit up 97.7 pct

ACCRA, April 29 (Reuters) - Ecobank Ghana Limited, the local unit of pan-African bank Ecobank, said on Tuesday its net profit for the three months through March rose 97.7 percent to 71,805 million cedis ($25.55 million) compared with 36,304 million cedis a year ago.

Net interest income rose 45.4 percent to 124,907 million cedis, the company said in a filing with the Ghana Stock Exchange (GSE). ($1=2.8100 cedis) (Reporting by Kwasi Kpodo; Editing by Joe Bavier)

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