Cairo – Mubasher: Faisal Islamic Bank of Egypt’s standalone profits rose in the first half of fiscal year 2017 by 67.3% to EGP 714.63 million, compared to EGP 427.03 million for H1/16.
Revenues increased in H1-17 to EGP 3.2 billion from EGP 2.54 billion for H1-16, a bourse filing said on Sunday.
The bank’s business volume grew in H1-17 by 5.8% to EGP 81.05 billion, versus EGP 76.59 billion in H1-16.
Total assets increased by the end of June 2017 by 6.8% to EGP 79.85 billion from EGP 74.79 billion by the end of June 2016.
The bank earlier posted a net profit of EGP 309.8 million for Q1-17.
