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[2008-04-29] Trust Bank Ltd (The Gambia) TBL First Quarter Unaudited Results Dips
TBL recorded a Net Interest Income of D37.14 for the first quarter ended March 2008, compared to D41.26mn for the first quarter of 2007. Other revenues increased to D5.24 from D1.45mn while operating expenses increased to D44.4mn from D35.5mn for the same period last year. This resulted in a relative fall in operating profit to D36.57mn from D51.49mn for the same period last year. Profit after tax for the period was D23.77mn representing a decrease of 27% compared to that of the same period last year. Deposits increased by 11% to D2141.6mn while loans and advance increased by 9% to D995.5mn over figures from the same period last year.