GBTI after-tax profit up by 35.54%

For the year ended December 31st, 2022, the Guyana Bank for Trade and Industry (GBTI) recorded a 35.54% increase in after-tax profit.

According to its financial statements published in Stabroek News, interest income rose 23.96% from $5.31b in 2021 to $6.59b last year. The interest expense was $636m in 2021 compared to $739n last year.

Net interest income rose by 25.1% from $4.68b to $5.85b.