United Financial institution for Africa (UBA) and Stanbic IBTC have each revealed they’re but to publish their audited steadiness sheets for the primary half of 2020. The monetary outcomes for the primary half and second quarter cowl January (April; to June). 2020, and in accordance with the itemizing guidelines of the Nigeria Inventory Trade (NSE), financiers for every quarter have to be out 30 days after the tip of every quarter.
In a press release launched by UBA and seen by AllNews, the corporate mentioned the corporate’s financiers are nonetheless topic to regulatory approvals, “United Financial institution for Africa Plc notifies the Nigerian Inventory Trade (the Inventory Trade), its esteemed shareholders, stakeholders and the investor public of the delay within the presentation of their Audited Monetary Statements for the Center Yr ended on June 30, 2020, when it comes to prolonged regulatory submission because the Audited Monetary Statements are nonetheless topic to regulatory approvals needed.
“Nevertheless, the Financial institution is optimistic that the Audited Monetary Statements might be submitted to the Trade on September 29, 2020 or earlier,” UBA mentioned in a press release signed by the corporate’s secretary, Bili Odum.
In the meantime, Stanbic IBTC mentioned that “That is to tell the Nigerian Inventory Trade and our esteemed stakeholders that we’re experiencing a slight delay within the publication of the Mid-Yr Audited Monetary Statements 2020 for Stanbic IBTC Holdings PLC (‘ Stanbic IBTC ’). ) This delay is attributable to the truth that we’re at present searching for the approval of our main Regulator, the Central Financial institution of Nigeria for Audited Mid-Yr Monetary Statements, after which these Monetary Statements will then be launched to the Market.
“We’re working diligently to make sure that our Firm’s 2020 Half-Yr Outcomes are revealed on or earlier than Friday, September 25. 2020.” Stanbic Financial institution mentioned in a press release seen by AllNews.