DBN Records N47.6bn Earnings, N29.5bn PBT For 2022

Development Bank of Nigeria (DBN) has rendered its 2022 financial year ended report which shows that it recorded an impressive operational and financial performance despite the challenges within the operating environment.

According to the annual integrated and statutory report 2022 of the bank that was released yesterday, by the end of the 2022 financial year, the bank achieved earnings of N47.6 billion and profit before tax (PBT) of N29.5 billion.

Its cost to income ratio stood at 15.9 per cent.