Faisal Islamic Bank profits grow 2.8% in July

Cairo – Mubasher: Faisal Islamic Bank of Egypt said its net profits grew 2.8% reaching EGP 58.67 billion by the end of July 2016.

The lender reported net profits of EGP 57.06 billion at the comparable period of the previous year.

The bank said its total assets went up by 2.8% to EGP 57.67 billion by the end of July 2016, from EGP 56.10 billion for the corresponding period of the previous year.

Meanwhile, the Islamic lender’s total current assets went up by 4.3% to EGP 2.9 billion by the end of July 2016.

Mubasher Contribution Time: 09-Aug-2016 15:02 (GMT)
Mubasher Last Update Time: 09-Aug-2016 15:03 (GMT)