Banque Misr deposits grow 20% in FY14/15

Cairo - Mubasher: Banque Misr customer's deposits grew 20%,that is equivalent to EGP 50 billion reaching EGP 290 billion in the fiscal year 2014/15, up from EGP 240 billion a year earlier.

The lender's retail portfolio stood at EGP 7.8 billion in FY14/15, compared with EGP 5.8 billion a year earlier up 33% or EGP 2 billion.

Meanwhile, the bank's total financial position surged by more than 20% to reach nearly EGP 330 billion in FY14/15, compared with EGP 274 billion in FY13/14.

Mubasher Contribution Time: 29-Dec-2015 11:50 (GMT)