Cairo – Mubasher: Al Baraka Bank – Egypt reported an increase of 93.9% in net profits for the third quarter of 2016.
The lender registered net profits of EGP 132.6 million for Q3 – 2016, up from EGP 68.4 million a year earlier.
As for the first nine months of 2016, the lender posted net profits of EGP 208.64 million up by 85.9% y-o-y.
