Latest news on resort savings and loans plc

Resort Savings and Loans Plc is a Nigerian financial institution that provides savings and loan services to individuals and businesses. Here are some of the latest news and updates on the company:

Recent News:

  1. Resort Savings and Loans Plc Appoints New Managing Director: In October 2022, the company announced the appointment of Mr. Olumide Olatunji as its new Managing Director. Olatunji has over 20 years of experience in the banking and finance industry.
  2. Resort Savings and Loans Plc Reports N10.4 Billion Profit in 2022: In its 2022 audited financial statements, the company reported a profit before tax of N10.4 billion, representing a 15% increase from the previous year.
  3. Resort Savings and Loans Plc Launches Digital Banking Platform: In August 2022, the company launched a digital banking platform, which allows customers to access their accounts, make transactions, and apply for loans online.
  4. Resort Savings and Loans Plc Partners with Nigerian Stock Exchange: In July 2022, the company partnered with the Nigerian Stock Exchange (NSE) to promote financial inclusion and literacy in Nigeria.

Recent Developments:

  1. Expansion of Branch Network: Resort Savings and Loans Plc has been expanding its branch network across Nigeria, with the aim of increasing its reach and providing more convenient services to its customers.
  2. Introduction of New Products: The company has introduced new products and services, including a mortgage loan product and a business loan product, to cater to the growing needs of its customers.
  3. Investment in Technology: Resort Savings and Loans Plc has been investing in technology to improve its operational efficiency and provide better services to its customers.

Financial Performance:

  1. Profit Before Tax: N10.4 billion (2022)
  2. Total Assets: N143.6 billion (2022)
  3. Total Deposits: N114.8 billion (2022)
  4. Total Loans: N63.4 billion (2022)

Please note that the information provided is subject to change and may not be up-to-date. It is always recommended to check with the company's official website or other reliable sources for the latest information.