FBN Holdings Plc. (FBNH) published its long-anticipated financial scorecard for 2022FY and Q1:2023. In 2022FY, the group recorded a 6.26% YoY growth in gross earnings, surging to NGN804.95bn. The growth in gross earnings was driven by a substantial increase in interest income (+49.56% YoY), primarily fuelled by the combination of a 31.48% YoY rise in customer loans and multiple interest rate hikes during the period.
