Cairo - Mubasher: Faisal Islamic Bank of Egypt reported a 0.04% growth in profits in year-on-year January, reaching EGP 78.15 billion.
Total assets grew by 1.8% to EGP 76.79 billion compared to EGP 75.44 billion for the same month in the previous year, according to the bank’s statement to the Egyptian Exchange (EGX) on Wednesday.
Current accounts and saving deposits went up 0.7% and reached EGP 65.9 billion by the end of January, while investment accounts increased by 0.5% to EGP 70.87 billion.
Liquid assets also registered an increase of 10.3% to EGP 3.81 billion compared to EGP 3.46 billion by the end of January, the statement indicated.
