Ecobank Transnational Incorporated Plc. (ETI)’s poor performance picked up where it left off in 2019, as it reported gross earnings decline of 2.30% YoY to NGN194.86bn (-3.40% YoY to USD532.53mn) in its 2020 first quarter results. Earnings were dragged by reduced non-interest income (-14.8% YoY) from almost all revenue streams.
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