Latest update May 27th, 2026 12:30 AM
Latest News
- Canadian firm acquired Guyana uranium project via Singapore deal
- Guyana’s new gas-to-energy push mirrors Ghana’s ongoing project troubles
- Israel pounds Lebanon with strikes, expands ground operations past security zone
- Pres. Ali calls for unity while relations with Opposition remain strained
- Tucville woman killed in E.B.D crash
Citizens Bank raked in $2.2B in after tax profits last year
Kaieteur News- The revenue of Citizens Bank Guyana Inc., a 51% owned subsidiary of Banks DIH Limited, has recorded profit after tax of $2.244 billion in 2024. This was compared to $1.946 billion in 2023, an increase of $298 million or 15.3%.
Citizens Bank raked in $2.2B in after tax profits last year
According to Banks DIH Limited annual report, the profit before tax for the bank was $3.764 billion compared to $3.264 billion in 2023, an increase of $500 million or 15.3%. The earnings per share were $37.71 while the total asset base was $130.6 billion. Loan assets were increased from $52.0 billion to $60.1 billion, by 15.6% or $8.1 billion. Among its achievement for the year, the bank pointed to the opening of new locations.
Last August, Citizens Bank opened its newest location on Aubrey Barker Road to the tune of $1.8b.
(Citizens Bank raked in $2.2B in after tax profits last year)
Share this:
Discover more from Kaieteur News
Subscribe to get the latest posts sent to your email.
Similar Articles
THE BLUNT OF THE DAY
Sports
Features/Columnists
Sir. Ronald Sanders
The GHK Lall Column
Weekend Cartoon
