Cairo - Mubasher: The Bank of Alexandria (Alex Bank) posted an increase of 66% to EGP 903.1 million in net profits for the first nine months of 2015.
The lender reported net profits of EGP 543.6 million for the similar period of the previous year.
The bank's net interest income stood at EGP 2.03 billion for this nine-month period of 2015, up from EGP 1.6 billion a year earlier.
Meanwhile, the lender reported net income from fees and commissions of around EGP 390 million in this period of 2015, up from EGP 306.6 million for the same period of the previous year.
