WorldStage Newsonline– NPF Microfinance Bank Plc which provides banking and other permissible financial services to poor and low income households and micro enterprises with emphasis on members of the Nigerian Police Community has released its annual accounts 31 December 2021 with 15.15% rise in profit after tax to N707.493 million from N614.417 million in 2020.
Gross earnings also rose to N5.770 billion from N4.659 billion in 2020.
Meanwhile, the Board of Directors has recommended the payment of a dividend of 10 kobo (31 December 2020: 20 kobo) per share on the issued share capital of 5,393,659,101 (31 December 2020: 2,286,657,766) ordinary shares, amounting to N539 million (31 December 2020:N457 million.
