Cairo – Mubasher: Faisal Islamic Bank of Egypt posted 39.5% growth in standalone net profit for the first quarter of 2016.
The Shariah-compliant bank generated EGP 274.8 million net profit after tax, compared with EGP 196.9 million in the first quarter of 2015.
FY15 net profit reached EGP 753.9 million, up from EGP 623.3 million a year earlier.