LAGOS Dec 11 Nigeria's Intercontinental Bank
INBK.LG on Friday posted a pre-tax loss of 447.45 billion
naira ($3 billion) for the seven months to September, hit by
exceptional items of 437 billion naira.
The bank, one of nine rescued in a $4 billion bailout
earlier this year, said gross earnings in the period reached
119.77 billion naira.
Intercontinental is changing its financial year to the
calendar year in line with a central bank directive to establish
a uniform reporting period across the banking sector, meaning
year-ago comparisons were not immediately available.
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(Reporting by Oludare Mayowa; Writing by Nick Tattersall)