Dubai – Mubasher: Emirates NBD - Egypt reported that its net profit for the first half of 2016 rose 41% year-over-year to EGP 496 million, according to a statement issued on Saturday.
The bank's total income was 31% higher to EGP 1.1 billion and its assets as well grew 11% to EGP 35.8 billion.
Net interest income moved up 41% to EGP 837 million, while net commission income also increased 2% to EGP 197 million.
The bank granted loans at EGP 13.3 billion, while having received deposits worth EGP 27.3 billion.
