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  • Citizens Bank Guyana records $440M profit
  • June 04, 2016
  • Citizens Bank Guyana Inc has recorded a $440.8M after taxed profit for the first six months of 2016 financial year.

    Georgetown, Guyana - According to the Bank's Interim Report for six months ending March 31, 2016, taxed profits amounted to $440.8 million compared to $459.3 million for the corresponding period in 2015. Citizens Bank is a 51 per cent owned subsidiary of Banks DIH Limited.

    Meanwhile, the interest income for the six-month period was $1.6 billion, while interest expense was $343.0 million, resulting in a net interest income of $1.2 billion, which is the same as what was recorded for the same pe...
  • View more at: http://www.1888pressrelease.com/citizens-bank-guyana-records-440m-profit-pr-590953.html