The group's subsidiary banks operating in
FMBCH group managing director,
The group posted a combined profit after tax of
"These results reflect FMBCH's resilience and how well our teams and businesses have navigated the pandemic as we continue to serve our customers and deploy relevant and new products into our markets.
"Despite the regular disruptions to operations, the group's businesses have successfully sustained uninterrupted banking operations ensuring that customers can access banking services safely whilst also protecting our staff and partners," he said.
The group recorded growth in its Net Interest income to
Non-Funded Income rose to
"Total Assets increased from
The capital adequacy and liquidity ratios of all group banks comfortably meet the prescribed prudential minimum ratios in their respective territories giving the Group capacity to selectively grow its balance sheet.
Earnings per share for the period under review increased by 7% to
FMBCH indicated that it will, however, continue to exercise prudence in its balance sheet management across the territories where it operates, leading with a focus on generating sustainable customer deposits.
"As a result of the positive half year performance for the group, FMBCH Directors have resolved to pay an interim dividend of
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