CORONATION MERCHANT BANK GROUP RECORDS 66% GROWTH IN GROSS EARNINGS FOR 2017

Coronation Merchant Bank Limited ('CORONATION MB); Nigeria's leading merchant banking brand, announced its 2017 Full Year Results to stakeholders at its Annual General Meeting held in Lagos, in which the Bank posted a Profit Before Tax of N5.1 billion. Speaking at the AGM, Abu Jimoh, Group Managing Director/CEO of Coronation Merchant Bank Limited said that, […] Coronation Merchant Bank Group records 66% growth in gross earnings for 2017

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Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
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Managing: Management in all business and organizational activities is the act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an or
Annual General Meeting: An annual general meeting is a meeting that official bodies, and associations involving the general public , are often required by law to hold. An AGM is held every year to elect the board of directors and inform their members of previous and future activities. It is an opportunity for the shareho
Merchant: A merchant is a businessperson who trades in commodities produced by others, in order to earn a profit.
Coronation: A coronation is a ceremony marking the formal investiture of a monarch andor their consort with regal power, usually involving the placement of a crown upon their head and the presentation of other items of regalia. This rite may also include the taking of a special vow, acts of homage by the new ru
Lagos: Lagos is a port and most populous city in Nigeria. Lagos is the second fastest growing city in Africa and the seventh fastest growing city in the world. The official population of Lagos State, according to Nigerian census figures from 2006, the population of Lagos State was 17.5 million.[10] The ne