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BRIEF-Ecobank group says 9-months pre-tax profit up 3 pct to $226.9 mln
October 25, 2017 / 1:15 PM / in 24 days

BRIEF-Ecobank group says 9-months pre-tax profit up 3 pct to $226.9 mln

Oct 25 (Reuters) - ECOBANK TRANSNATIONAL INC

* FOR NINE MONTHS ENDED SEPT 30, PROFIT BEFORE TAX DOWN 19% TO $226.9 MILLION (UP 3% TO NGN 69.4 BILLION)‍​

* 9-MONTHS ENDED GROSS EARNINGS DOWN 3% TO $1.8 BILLION (UP 24% TO 564.5 NAIRA BILLION)‍​

* "WE HAVE REDUCED LENDING ACTIVITY... AND ARE ENGAGING CONSTRUCTIVELY WITH OUR CUSTOMERS TO MAKE GOOD ON THEIR PAST-DUE LOAN PAYMENTS"‍​ Source: bit.ly/2gIkwrs Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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