Cairo – Mubasher: Faisal Islamic Bank of Egypt on Thursday reported a 57.7% year-on-year surge in consolidated profits for the first nine months of 2018, recording EGP 1.96 billion from EGP 1.25 billion.
Net income amounted to EGP 4.6 billion in the nine-month period ended September, versus EGP 3.6 billion in the year-ago period, the shariah-compliant lender said in a filing to the Egyptian Exchange (EGX).
Faisal Islamic Bank of Egypt previously posted a net standalone profit of EGP 1.9 billion for the first nine months of this year, versus EGP 1.1 billion from EGP 469.3 million.
