BLOM Bank Egypt 9M profit rises 39%

Cairo – Mubasher: BLOM Bank Egypt posted 39.3% rise in net profit for the first nine months of2015 to EGP 275.64 million ($35.3 million), up from EGP 197.81 million ($25.3 million) in the same period a year ago.

The lender also generated EGP 440.73 million net interest income, compared with EGP 339.21 million in the first nine months of 2014. Net fees and commissions income rose to EGP 94.12 million from EGP 71 million.

Mubasher Contribution Time: 22-Nov-2015 14:35 (GMT)